Orbit Resources Limited · ASX:OBT
Orbit Resources — Godolphin Resources — Investor Presentation (September 2020)
20 slides from Orbit Resources's investor presentation, September 2020
Slide 1: Corporate Presentation
Corporate Presentation September 2020
Slide 2: Corporate Snapshot (ASX:GRL)
CORPORATE SNAPSHOT (ASX:GRL) CAPITAL STRUCTURE TRADE DATA SHARE PRICE SINCE LISTING 68,095,874 $0.20 Shares on issue Share Price $13.6 Million $0.31 / 0.10 Market Capitalisation 12 Month High / Low BALANCE SHEET MAJOR SHAREHOLDERS $4.9 Million Ian Buchhorn & Associates 9.8% Brian O Shannassy & Assoc
Slide 3: Board and Management
BOARD AND MANAGEMENT HIGHLY EXPERIENCED AND SUCCESSFUL TEAM WITH LOCAL KNOWLEDGE Jeremy Read – Non-Executive Chairman David Greenwood – Chief Executive Officer Jeremy Read is a seasoned minerals resource industry executive, having worked on a Geologist with over 30 years’ experience in the resources
Slide 4: Investment Highlights
INVESTMENT HIGHLIGHTS Godolphin is located in in the Lachlan Fold Belt Multiple near-term discovery catalysts as key (LFB), Australia premier address for porphyry assets are drill tested over next 3 months gold-copper and epithermal gold projects Godolphin has the dominant footprint with Strong bala
Slide 5: A Dominant Footprint in the Lachlan Fold Belt
A DOMINANT FOOTPRINT IN THE LACHLAN FOLD BELT • Lachlan Fold Belt (LFB) in NSW is a world class gold precinct • Godolphin 100% controls >3,000km2 of highly prospective LFB tenure • Sandwiched between Cadia’s Ridgeway copper-gold mine - one of Australia’s largest and lowest cost gold mines operation
Slide 6: Surrounded by World Class Mines & Infrastructure
SURROUNDED BY WORLD CLASS MINES & INFRASTRUCTURE • Multiple million-ounce neighbours¹ Ø Newcrest (Cadia/Ridgeway – 3.2Bt @ 0.26% Cu and 0.37g/t Au) Ø Evolution (Lake Cowal 265Mt @ 1.06g/t Au) Ø Alkane (Boda discovery) Ø Regis (McPhillamys 69.8Mt @ 1.02 g/t Au) Ø North Parkes (482Mt @ 0.56% Cu and 0.
Slide 7: Drill Ready Targets on Advanced Projects
DRILL READY TARGETS ON ADVANCED PROJECTS SEPTEMBER 2020 OCTOBER 2020 NOVEMBER 2020 LEWIS PONDS Desktop review of historical data to calculate resource in higher grade shoots. Assess economic potential focusing on high-grade gold and silver shoots. Resource verification drilling and follow up of soil
Slide 8: Lewis Ponds (Gold-Silver-Zinc)
LEWIS PONDS (GOLD-SILVER-ZINC) • JORC 2012 Resource*: 5.7 Mt at 0.7g/t gold, 49g/t silver, 2.1% zinc, 1.1% lead and 0.1% copper. • Resource part of a larger mineral system extending over 9 km to the SE with extensive gold, copper and base metal workings • Historic focus on base metals – little explo
Slide 9: Redefining the Lewis Ponds Opportunity
REDEFINING THE LEWIS PONDS OPPORTUNITY • Lewis Ponds actually a gold/silver resource with base metal credits • Recent soil survey identified significant precious and base metal anomalies with exploration targets away from known resource e.g. Limestone Quarry • Currently carrying out a comprehensive
Slide 10: Mount Aubrey (Gold)
MOUNT AUBREY (GOLD) Long section looking north 030° for all drillhole intercepts >3g/t Au • Located 40km NE of Parkes • Historical pits mined in 1990/1991 by BHP to a depth of just 40m; extracted approx. 12k oz • JORC 2012 Resource*: 1.21 Mt at 1.61 g/t gold • Epithermal gold system with potential f
Slide 11: Drilling at Mount Aubrey
DRILLING AT MOUNT AUBREY • Phase 1 RC programme completed in Q1 2020, all 14 drill holes intersected epithermal style alteration, most holes hit gold. Drill intersections included: • MAGRC0008: 22m @ 2.15g/t from 22m • MAGRC0011: 28m @ 0.92g/t from 62m • Phase 2 RC programme in progress (to be compl
Slide 12: Copper Hill East (Gold-Copper)
COPPER HILL EAST (GOLD-COPPER) • Copper Hill East (CHE) is located along the same CURRENT SEPTEMBER 2020 structure as Boda (50km south) and DRILL PROGRAMME UNDERWAY Cadia-Ridgeway (50km north) • Strong preliminary indications: • Copper and gold in soils anomaly with 7km strike length. • Strong magne
Slide 13: Gundagai North and South (Gold)
GUNDAGAI NORTH AND SOUTH (GOLD) • Gundagai is a historical gold mining • Number of walk up drill targets to area be tested at Gundagai North & South over next 6 months • Old workings, some substantial • RC Drilling to commence October • High gold in soils and rock chip 2020 (14 holes for 1885m) samp
Slide 14: Gundagai North Targets
GUNDAGAI NORTH TARGETS Mantons (above) marked by historical workings. High Au in rock chips up to 274 g/t. 1 to 2 diamond holes planned Johnsons Hill (above) stockwork quartz vein with Emu Hill (above) marked by extensive historical pyrite-galena-gold in intensely silica-sericite altered workings, R
Slide 15: Gundagai South Targets
GUNDAGAI SOUTH TARGETS Surprise North Prospect - potential Stoney Creek South Prospect – southern intrusion related gold system extension of Stoney Creek historic mine 15
Slide 16: Investment Summary
INVESTMENT SUMMARY Large tenement holding in Lachlan Strategy to drill first order targets Fold Belt – a world class exploration for discovery - maximise in-ground and mining province. expenditure. Near term drill programmes at Mt 431koz gold in resources. Aubrey, Copper Hill East, Gundagai North &
Slide 17: Disclaimer and Competent Persons Statement
DISCLAIMER AND COMPETENT PERSONS STATEMENT COMPETENT PERSONS STATEMENT DISCLAIMER JORC INFORMATION CAUTIONARY NOTE REGARDING FORWARD LOOKING INFORMATION This Australian Securities Exchange (ASX) release contains forward-looking statements and forward-looking information within the meaning of This Pr
Slide 18: Contact Details
godolphinresources.com.au Suite 2/45 Ord Street West Perth WA 6005 Australia David Greenwood – CEO [email protected] +61 438 948 643 Sampling historic mine workings at Lewis Ponds, identifying previously unrecognised epithermal gold-silver overprint 18
Slide 19: Appendix A: Deposits in the Lachlan Fold Belt
APPENDIX A DEPOSITS IN THE LACHLAN FOLD BELT Project Resource Type Resource Reference Ø LFB is Australia’s premier bulk-tonnage gold and 20.24Mt at 0.5g/t Au, 33.3g/t Ag, 1.5% Zn, 0.7% Pb, Lewis Ponds Indicated and Inferred & 0.1% Cu 1 copper metal province. Mount Aubrey Inferred 1.21Mt @ 1.61 g/t A
Slide 20: Appendix B: Resources Inventory
APPENDIX B RESOURCES INVENTORY SUMMARY OF MINERAL RESOURCES (JORC 2012) CONTAINED WITHIN GODOLPHIN TENEMENTS Tonnes Au Contained Au Contained Project Ag (g/t) Zn (%) Pb (%) Cu (%) AuEq* (g/t) (Mt) (g/t) (Moz) AuEq* (Moz) Mt Aubrey1 1.21 1.61 - - - - 1.61 0.06 0.06 Yeoval2 12.80 0.14 2.20 - - 0.38 0.
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