Nagambie Resources Limited · ASX:NAG
Nagambie Resources — Shareholder Meeting (November 2018)
31 slides from Nagambie Resources's shareholder meeting presentation, Nov 23, 2018
Slide 1: Annual General Meeting CEO Presentation
Annual General Meeting CEO Presentation 23 November 2018
Slide 2: Disclaimer & Competent Person's Statement
Disclaimer & Competent Person’s Statement FORWARD-LOOKING STATEMENTS This presentation 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”, “w
Slide 3: Strategy overview
Strategy overview Shareholder Value Non – Gold Assets Develop and realise value Gold exploration Grow and maximise value of tenements through cost effective exploration and development Produce Nagambie Mine site Gold Develop as a regional centre for gold production 2018 Annual General Meeting - CEO
Slide 4: Overview of gold model
Overview of gold model • Crustal Faults (circa 40 km deep) – Striking North West Hot gold-rich hydrothermal fluids rose under pressure up deep crustal faults circa 377 million years ago. Gold model • Surface Thrust Faults (circa 6 km deep) – Striking East West From regional north-south compression t
Slide 5: 2018 Annual General Meeting - CEO presentation
2018 Annual General Meeting - CEO presentation 5
Slide 6: Exploration
Exploration • Gold exploration for ‘Fosterville-style’ high-grade underground sulphide-gold deposits in the Waranga Province was advanced significantly during the year • Induced Polarisation (IP) surveys • Exploration drilling 2018 Annual General Meeting - CEO presentation 6
Slide 7: Induced Polarisation (IP) surveys
Induced Polarisation (IP) surveys Nagambie Mine IP Survey • Under and around the Nagambie Mine 1990s East and West Oxide Pits Racecourse Prospect IP Survey • along the interpreted NW- striking Nagambie Crustal Fault between the Nagambie Mine and the Racecourse Prospect 2.7 km to the north 2018 Annua
Slide 8: Induced polarisation survey
Induced polarisation survey Area of 2018 IP surveys Targeting the legacy pits and the Racecourse Road soil anomaly 2018 Annual General Meeting - CEO presentation 8
Slide 9: Nagambie Mine IP survey
Nagambie Mine IP survey IP detects anomalous concentrations of sulphides at depth (up to 400m deep) Sulphides associated with gold mineralisation are pyrite, arsenopyrite and stibnite. 2018 Annual General Meeting - CEO presentation 9
Slide 10: Nagambie Mine IP survey
Nagambie Mine IP survey Re-modelling in 3D of the IP chargeability data shows an increase in both width and strength of the IP Chargeability to the west of the mine. 2018 Annual General Meeting - CEO presentation 10
Slide 11: 2018 Annual General Meeting - CEO presentation
2018 Annual General Meeting - CEO presentation 11
Slide 12: Exploration drilling
Exploration drilling Drilling commenced April 2018 – is ongoing. • 3 diamond holes (NAD001, NAD002 and NAD003) in the Nagambie Mine IP anomalies • 2 diamond (CAD001 and CAD002) holes targeting the Cahill IP anomaly • 1 diamond hole (RAD001) targeting the Racecourse IP anomaly • 1 diamond (NND001) ho
Slide 13: Exploration drilling
Exploration drilling • Drilling has determined: • IP appears to have accurately defined mineralisation under the West and East Pits. Based on the 3D modelling high grade mineralisation is expected to exist to the west • Cahill and Racecourse IP anomalies have been eliminated and downgraded respectiv
Slide 14: Nagambie Mine 3D IP survey
Nagambie Mine 3D IP survey 2018 Annual General Meeting - CEO presentation 14
Slide 15: NND001 EOH 1,116m
NND001 EOH 1,116m 2018 Annual General Meeting - CEO presentation 15
Slide 16: NND002 commenced 200m west
NND002 commenced 200m west 2018 Annual General Meeting - CEO presentation 16
Slide 17: Wandean Crustal Fault (WCF)
Wandean Crustal Fault (WCF) • The Wandean Prospect (discovered in 2014) is at the intersection of the Wandean Crustal Fault (WCF) and the Wandean Thrust Fault. • The WCF appears to be a major pathway for mineralised fluids. • Gold containing fluids travelled up and along the WCF and subsequently spr
Slide 18: 2019 exploration focus
2019 exploration focus 2018 Annual General Meeting - CEO presentation 18
Slide 19: Tenements 2017 and 2018
Tenements 2017 and 2018 Tenement Tenement Name sq km Number MIN 5412 Nagambie Mining Licence 3.6 EL 5430 Bunganail Exploration Licence 181.0 Tatura Gowangardie EL 5511 Nagambie Exploration Licence 27.0 Arcadia EL 5536 Wandean North Exploration Licence 48.0 EL 6212 Reedy Lake North Exploration Licenc
Slide 20: Nagambie 60km east of Fosterville
Nagambie 60km east of Fosterville 2018 Annual General Meeting - CEO presentation 20
Slide 21: PASS Project
PASS Project • A rehabilitation project Suburban Rail Loop Potential Acid Sulfate Soil and Rock (PASS) East West Link 2018 Annual General Meeting - CEO presentation 21
Slide 22: PASS Project
PASS Project 2018 Annual General Meeting - CEO presentation 22
Slide 23: PASS Project
PASS Project 2017/18 • Awarded all project permits: • EPA approved EMP for 10 years (2028) • Mining Licence for 13 years (2031) with an approved Work Plan that includes placing PASS in West Pit. • Held initial discussions with various parties involved in spoil handling for Metro Tunnel Project 2018
Slide 24: Quarrying
Quarrying CONCRETE AGGREGATES Competitive advantages: • 3,000,000 tonnes of material available • Rock is already crushed • Aggregates are suitably angular (less cement is needed) • Aggregates are a ‘recycled product’ Challenge • Removing sufficient fines to produce suitable concrete aggregates 2018
Slide 25: Quarrying
Quarrying • Leasing and trial of GT205 MF • Performance on heap leach material • To identify what other equipment is needed to produce saleable products. 2018 Annual General Meeting - CEO presentation 25
Slide 26: Trial conclusions
Trial conclusions • Some fines in heap leach are very ‘sticky’ (related to the cement and lime added during gold leaching processes). Additional effort required to remove sufficient fines • Requires front end (scalping) and back end processing (wash/rinse) • Project margins remain strong with requir
Slide 27: Quarrying
Quarrying SAND 2017/18 • Refined preliminary pit designs • Completed preparation of internal roads and sand processing /stockpiling area • Advanced approvals process • Planning permit • Work Plan • Technical studies 2018 Annual General Meeting - CEO presentation 27
Slide 28: Quarrying
Quarrying SAND In 2019 1. Advance approvals process • Planning permit • Work Plan approval • Purchase vegetation offsets • Purchase groundwater extraction and recharge permits 2. Trial sand screening with GT205 3. Pursue supply commitments 2018 Annual General Meeting - CEO presentation 28
Slide 29: Quarrying
Quarrying CLAY • Complete planning approval for new clay pit by end 2018 • Can be used in crushed rock products or as capping material for landfills • Flexibility with onsite infrastructure 2018 Annual General Meeting - CEO presentation 29
Slide 30: Re-processing 'fines'
Re-processing ‘fines’ • Based on historic data, heap leach material could average 0.2 g/t of gold* • Potentially 19,000+ ounces of Gold in the ‘fines’ * 0.2 g/t of gold based on historically reported head grade of 1.0 g/t and reported gold recovery of 80%. The estimation provided is historical in na
Slide 31: www.nagambieresources.com.au
www.nagambieresources.com.au James Earle – Chief Executive Officer james@nagambieresources.com.au 0481 462 642 2018 Annual General Meeting - CEO presentation 31
Nagambie Resources — Shareholder Meeting (November 2018) on 6ix