Tyranna Resources Limited · ASX:TYX
Tyranna Resources — South Australian Resources & Energy Investment Conference 2017
21 slides from Tyranna Resources's conference presentation, May 23, 2017
Slide 1: Exploring for Large High Grade Gold Discovery in South Australia
EXPLORING FOR LARGE HIGH GRADE GOLD DISCOVERY IN SOUTH AUSTRALIA For personal use only JUMBUCK GOLD PROJECT SOUTH AUSTRALIAN RESOURCES & ENERGY INVESTMENT CONFERENCE May 2017
Slide 2: Competent Person Statement & Disclaimer
•The information that relates to exploration targets, exploration results and drilling data is based on information compiled by Nicholas (Nick) G Revell who is a member of the Australian Institute of Resources and Metallurgy and who has more than five years experience in the field of activity being
Slide 3: Corporate Overview
CORPORATE OVERVIEW Capital Structure Share Price : TYX For personal use only Current Share Price1 2.4cps Shares on Issue 398m Market Capitalisation $10m Cash2 $2.6m Listed investments3 $2.04m Enterprise Value $5m Board & Management Joseph Pinto Non Executive Chairman Bruno Seneque Managing Director
Slide 4: Tyranna's Asset Portfolio
TYRANNA’S ASSET PORTFOLIO For personal use only Gold and Base Metals Projects & Corresponding Partners JUMBUCK GOLD 2,500km2 7,262km2 72% JV 100% Ground Ground 7.3% Shareholding in Gold along strike Breaker Resources & 4.7% Lithium next Shareholding in door to PLS Emerging Brazilian Gold WILCHERRY J
Slide 5: SA Projects: Dominant Landholding
SA PROJECTS DOMINANT LANDHOLDING For personal use only • Tyranna controls +9,700km2 surrounding the Challenger Gold Mine • $20M spent historically on exploration • Resurgence in activity in Western Gawler Craton • Tyranna has largest and most prospective land holding at Jumbuck THE JUMBUCK GOLD PROJ
Slide 6: Challenger Gold Mine
CHALLENGER GOLD MINE • >1Mill oz @ 6g/t Au since 2002 For personal use only • 108,000Oz @ 9.52g/t Au at its peak (2005-06) • High grade gold - surface to 1km • New zones discovered during mining • Challenger mill = toll treating opportunity for Tyranna • Regional exploration since discovery has been
Slide 7: Priority Prospects
PRIORITY PROSPECTS 71% / WPG 29% For personal use only THE JUMBUCK GOLD PROJECT
Slide 8: Tyranna's Maiden Gold Resource
Tyranna’s Maiden Gold Resource For personal use only THE JUMBUCK GOLD PROJECT
Slide 9: Jumbuck Southern Prospects
Jumbuck Southern Prospects Typhoon – Monsoon - Black Knight Priority targets – drilling now For personal use only Typhoon Monsoon Black Knight THE JUMBUCK GOLD PROJECT
Slide 10: Typhoon Gold Prospect
Typhoon Gold Prospect For personal use only • Best gold intercepts positioned on or near magnetic highs • NE/SW magnetic feature remains open along strike at both ends • Mineralised strike of 400m, plus 400m northern extension truncated by late stage dyke. Southern extension can be traced a further
Slide 11: Typhoon Drilling
Typhoon Drilling Drilling commenced in March 2017 For personal use only • Mineralisation intercepted gold from surface in hole 17TYRC003 - 1m @ 2.46 g/t Au • 13 holes completed • Bonanza intersection – 1m @ 50.7 g/t Au • Numerous mineralised intercepts in all sections to date • Open mineralised stru
Slide 12: Monsoon
Monsoon Drilling currently underway Historical highlight intercepts include : For personal use only 12m @ 2.2g/t Au from 30m 14m @ 1.1g/t Au from 35m inc. 1m @ 8.1g/t Au from 44m 6m @ 3.9g/t Au from 36m No RC drilling before Tyranna’s drill campaign Calcrete geochemistry suggest a fold str
Slide 13: Black Knight
Black Knight To be drilled after Monsoon in For personal use only May/June 2017 ~ 1,500m RC Calcrete sampling completed in Nov 2016 enhancing prospectivity Walk up drill targets now confirmed Sparsely explored with little calcrete sampling prior to TYX THE JUMBUCK GOLD PROJECT
Slide 14: Greenewood
Greenewood Tyranna’s First Significant Discovery For personal use only • Increase resource by infill drilling in zones along strike • Increase resource by deeper drilling down-dip • Increase resource by northern extensional drilling to follow up hole 073 – 8m@3.35g/tAu • Strike increased to 620m Hig
Slide 15: Campfire Bore
Campfire Bore Highest Grade Gold Hits to Date For personal use only • Increase resource by drilling 200m untested strike south of 16CBDH001 – 19m@1.01g/tAu inc 7m@1.9g/tAu • Central zone open at depth. To be drill tested – potential to increase resource. • Structure open to the north • Mineralised s
Slide 16: Golf Bore
Golf Bore • Near surface, open-pit potential For personal use only • Strike length of 1.5km, including Golf Bore North confirmed to date • Untested below 120m down hole • Plunging NE structures identified - same as Challenger • Metallurgical work results show greater than 90% recovery of Gold achiev
Slide 17: Wilcherry Project JV – Alliance Resources/Tyranna
Wilcherry Project JV – Alliance Resources/Tyranna Tyranna 49% : Alliance 51% For personal use only TYX fully funding JV participation First 12 month activity to date: Heli EM (XCITE) to test for conductors – results in for Zealous & Telephone Dam – completed. Drilling commenced May 2017. Screeni
Slide 18: Wilcherry Project JV: Weednanna Bonanza Gold Results
Wilcherry Project JV Weednanna - Bonanza Gold Results For personal use only THE JUMBUCK GOLD PROJECT
Slide 19: Wilcherry Project JV – Zealous
For personal use only Wilcherry Project JV – Zealous THE JUMBUCK GOLD PROJECT
Slide 20: Wilcherry Project JV – Telephone Dam
For personal use only Wilcherry Project JV – Telephone Dam
Slide 21: Share Price Catalysts
Share Price Catalysts Exploring for a large high grade gold discovery – drilling now at For personal use only Typhoon/Monsoon Extensive drilling program for 2017 calendar year, started in March 15,000 – 20,000 metres of drilling planned for 2017 calendar year High grade gold open pit targets
Tyranna Resources — South Australian Resources & Energy Investment Conference 2017 on 6ix