Waratah Minerals Limited · ASX:WTM
Waratah Minerals — Investor Presentation (March 2024)
14 slides from Waratah Minerals's investor presentation, Mar 4, 2024
Slide 1: Investor Presentation
INVESTOR PRESENTATION Drilling for epithermal-porphyry gold-copper in the East Lachlan 4th March 2024
Slide 2: Investment Highlights: Building a High-Value Discovery Portfolio
INVESTMENT HIGHLIGHTS BUILDING A HIGH-VALUE DISCOVERY PORTFOLIO Spur Project (Gold-Copper) Stawell Project (Gold) Azura Project (Copper-Nickel-Gold) ▪ Near term discovery opportunity, drilling ▪ Priority drill targets in Wonga-White ▪ VTEM conductors / anomalous surface beneath existing wide gold in
Slide 3: Overview: Capital Structure
v OVERVIEW Capital Structure Investment Highlights Shares on Issue (ASX Code: WTM) 149M Board and Management approx. 11% fully diluted Share price (as at 1 Mar 2024) 7.1cps Drilling epithermal-porphyry gold-copper Market Capitalisation $10.5M targets in the East Lachlan Cash at bank (as at 31 De
Slide 4: Spur Project - Gold-Copper
SPUR PROJECT- Gold-Copper Targeting Epithermal-Porphyry Gold-Copper Location – 5 kms west of Cadia Valley Project (>50Moz / 8.7Mt Cu, ASX:NEM1) Fertile rocks - East Lachlan - Macquarie Arc –Molong Belt Targeting epithermal gold-copper as an upper-level feature of a porphyry system Existing,
Slide 5: Spur Project: Next Door to Cadia Valley
SPUR PROJECT- Gold-Copper CADIA VALLEY (ASX:NEM) SPUR (ASX:WTM) Next Door to Cadia Valley Location – 5 kms west of Cadia Valley Project (>50Moz / 8.7Mt Cu, ASX:NEM1) Clear exploration strategy: SPUR - target outside margin of major intrusive complex - target epithermal gold-copper as an upper-le
Slide 6: Spur Project: Next Door to Cadia Valley
SPUR PROJECT- Gold-Copper Next Door to Cadia Valley The Right Rocks – Stratigraphic equivalents to Cadia Valley (NSW Geol. Survey, Glen et al 2012) Fertile intrusive rocks - includes likely correlates of ‘Cadia- type’ shoshonitic Phase 4, intruding earlier Phase 3 dacites (Crawford et al, 2007)
Slide 7: 3D Resistivity - Chargeability - Geology Defines Priority Target Zone
SPUR PROJECT- Gold-Copper 3D Resistivity – Chargeability – Geology Defines Priority Target Zone Alkalic Epithermal-Porphyry Exploration Model IP CHARGEABILITY (yellow) = mapping large pyrite halo, along eastern margin of Intrusive Complex (>2.5km x NORTH >1km) IP RESISTIVITY (purple) = mapping p
Slide 8: Spur Project: Targeting Epithermal-Porphyry Gold-Copper
SPUR PROJECT- Gold-Copper Targeting Epithermal-Porphyry Gold-Copper Modest initial drilling program underway, designed to achieve discovery event ~2000m / core + RC drilling (ASX WTM 23 January 2024) Drill down-dip, down-plunge from existing intercepts, inc. 86m @ 1.56g/t Au, 536ppm Cu from 85m
Slide 9: Spur Project: Hole SD010 Highlights
SPUR PROJECT- Gold-Copper Down Hole Targeting Epithermal-Porphyry Gold-Copper Hole SD010 highlights: ▪ Wide historic gold intercept, 86m @ 1.56g/t Au, 536ppm Cu from 85m (SD010) is associated with ISE sulphide stringer/porphyry alteration with minor narrow ‘lode-style’ quartz vein related mins (AS
Slide 10: Stawell Project - Gold
STAWELL PROJECT - Gold Intrusion-Related Gold (IRG) in the Wonga – White Rabbit Corridor ▪ Emerging Intrusion-Related gold (IRG) district - White Rabbit – Wonga Corridor ▪ Stawell Gold Mine (>5Moz, 600koz of new resources discovered last 2.5yrs ) 1 ▪ Priority northeast trending White Rabbit-Wonga co
Slide 11: Stawell Project - Gold
STAWELL PROJECT - Gold Intrusion-Related Gold (IRG) in the Wonga – White Rabbit Corridor ▪ WHITE RABBIT DISTRICT – Open wide gold anomalous zones, ‘fertile’ gold- multielement IRG signature (Au-Te-Bi-Mo-Sb-As) - 118.9m @ 0.1g/t Au, 11.8ppm Mo from 17.1m (DD9, ASX WTM 21 August 2023)) - 8m @ 0.79g/t
Slide 12: High Impact Newsflow
HIGH IMPACT NEWSFLOW 2024 ACTIVITY SUMMARY Investment Graphite ACTIVITY MAR QTR JUNE QTR SEPT QTR Complete Spur transaction SPUR PROJECT Discovery Drilling – DD Gold - Copper Drilling – RC Target Definition, inc. Discovery geophys STAWEL PROJECT Copper - Nickel Drilling - AC Drilling – DD Estimates
Slide 13: References
REFERENCES ▪ Alkane 2023., Resource and Reserve Statement FY23, 13 September 2023 ▪ ASX BAT 3 April 2023 Completion of Tirupati Sale ▪ CMOC 2023., China Molybdenum Company Limited, 2022 Annual Report, http://www.cmocinternational.com/ ▪ ASX BAT 17 May 2023 White Rabbit Maiden Diamond Drilling Commen
Slide 14: Disclaimer - Important Information
DISCLAIMER – IMPORTANT INFORMATION Forward Looking Statements This announcement contains “forward-looking statements” within the meaning of securities laws of applicable jurisdictions. Forward-looking statements can generally be identified by the use of forward-looking words such as “may”, “will”, “
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