Lodestar Minerals Limited · ASX:LSR
Lodestar Minerals — Shareholder Meeting (November 2019)
14 slides from Lodestar Minerals's shareholder meeting presentation, Nov 19, 2019
Slide 1: Lodestar AGM Presentation
For personal use only Lodestar AGM Presentation November 2019
Slide 2: Important notices
Important notices This presentation has been prepared by Lodestar Minerals Limited (Lodestar). The information contained in this • 27th January 2016 “Marymia Drilling Results”. For personal use only presentation is a professional opinion only and is given in good faith. Certain information in this d
Slide 3: Investment summary
1 Multiple gold discoveries in a potentially large new system east of the Plutonic gold mine in WA 2 Active gold mining region with existing producing asset at Plutonic For personal use only and a new emerging development asset owned by Vango Mining Ltd 3 Well funded program at Ned’s Creek via a
Slide 4: Corporate overview and capital structure
Corporate overview Capital structure ASX code LSR For personal use only Board and Senior Management Shares on issue 749.2m Chairman – Ross Taylor Options on issue 15m Chartered Accountant and finance professional with extensive Share price 0.8¢ experience in global investment banking and financial
Slide 5: Company highlights
Company highlights • Follow-up drilling at Ned’s Creek commencing December quarter, focused on: For personal use only • Extending ultra high-grade zone – 4m at 78.1g/t Au from 140m and adjacent shallow, supergene zone. • Initial aircore drilling along the untested northern contact at Yowereena • Ned
Slide 6: Ned's Creek Project (374km2)
Ned’s Creek Project (374km2) An underexplored greenstone belt For personal use only • Tectonic boundary setting with potential for large deposits e.g. Tropicana (7Moz Au) • Interpreted extension of the gold-rich Yilgarn Craton under shallow cover • Major shear zones, evidence for low-high angle shea
Slide 7: Farm-in Agreement July 2019
Farm-in Agreement July 2019 Farm-in with Vango Mining For personal use only • Vango has the right to earn a 51% interest in the Ned’s Creek tenements by: • Funding $5M on exploration programs within three years • Minimum expenditure of $1M a year • Payment to Lodestar of $50k cash and $450k in Vango
Slide 8: Intrusion-related gold from concept to reality: highly significant results
Intrusion-related gold from concept to reality: highly significant results A highly mineralised region For personal use only • Drilling at Contessa, Gidgee Flat, Central Park Contessa Gidgee Flat and Boundary Fence has returned highly 4m at 74g/t Au from 140m 11m at 5.8g/t Au from 196m significant r
Slide 9: The most advanced target at Ned's Creek: Contessa prospect
The most advanced target at Ned’s Creek Contessa prospect For personal use only • Primary gold mineralisation first intersected by drilling in 2017 after extensive shallow, oxide hits • Gold is hosted in north-dipping, quartz/silica/pyrite alteration zones within a major shear zone developed near th
Slide 10: Greenfields gold discovery 2km southwest of Contessa
Greenfields gold discovery 2km southwest of Contessa Gidgee Flat prospect For personal use only • First discovered through aircore drilling of granite/syenite contact area in 2017: • 15m at 3.2g/t Au from 72m including 4m at 5.0g/t Au from 72m • 20m at 2.4g/t Au from 44m including 4m at 4.8g/t Au fr
Slide 11: Capricorn Orogen – a 600km zone of mineral endowment and potential
Capricorn Orogen – a 600km zone of mineral endowment and potential Lodestar’s copper-gold focus For personal use only • Three projects on the northern margin of the highly mineralised Yilgarn Craton • Camel Hills – historic gold geochemical anomalies in high grade metamorphics: • High-grade primary
Slide 12: Evidence of a large system: Camel Hills project
Evidence of a large system Camel Hills project For personal use only • Hosted in the Earabiddy Shear Zone: a major crustal suture and deep primary structure for fluids and magmas • Boundary between the Youanmi (Archaean) and Glenburgh (Proterozoic) Terranes • Large 14km zone of +1ppb gold (max 21.3p
Slide 13: A new frontier for VMS? Imbin project
A new frontier for VMS? (900 sq km) Imbin project For personal use only • Exciting early stage opportunity defined by a 20km long, WNW trending zone of Cu-Au anomalies in shallow drilling and surface sampling • Interpreted Back Arc siliciclastic-mafic setting along the northern Yilgarn margin. Large
Slide 14: Junior with significant leverage to exploration success
Junior with significant leverage to exploration success For personal use only 1 Multiple gold discoveries in a potentially large new system east of the Plutonic gold mine in WA • Drilling to resume in the current December 2019 quarter • Funded by JV partner Vango Mining under a $5M earn-in agreement
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