Power Minerals Limited · ASX:PNN
Power Minerals — PepinNini Minerals — S.A Explorers Conference 2009
23 slides from Power Minerals's conference presentation, Nov 27, 2009
Slide 1: Musgrave Province Project
For personal use only MUSGRAVE PROVINCE PROJECT Anangu Pitjantjatjara Yankunytjatjara Lands South Australia ASX: PNN S.A Explorers Conference www.pepinnini.com.au 27th November, 2009
Slide 2: Projects
Projects For personal use only Darwin North Queensland Robinson Range Musgrave Province Brisbane Perth Curnamona Province Sydney Adelaide Ni-Cu sulphide Melbourne TARGET: Base metals Hobart
Slide 3: Musgrave Province
Musgrave Province For personal use only Nebo-Babel High grade gneissic terrain Multiple metamorphic & deformational events Volumetrically significant mafic-ultramafic magmatism GILES COMPLEX
Slide 4: Musgrave Province Project: Greenfields Exploration
Musgrave Province Project For personal use only GREENFIELDS EXPLORATION
Slide 5: Tenement Position
Tenement Position For personal use only 4 Granted Exploration Licences 4 Exploration Licence Applications covering 9,525km2
Slide 6: Rio Tinto Joint Venture
Rio Tinto Joint Venture • Three tenements covering 1,382m2 For personal use only • Expenditure of $4m over 4 years to earn 51% • One tenement granted – EL3931 Woodroffe • Two tenement applications – Jalakana & Aparatjara Targeting Ni-Cu sulphide & base metal mineralisation Æ High Priority Tempest EM
Slide 7: Musgrave Province Project
Musgrave Province Project For personal use only $1.3 million in Assets Invaluable People Continual Presence 4 Years of Drilling – 30,000m Committed – First Mover Status & Benefits
Slide 8: Mineralisation Model
Mineralisation Model For personal use only Hoatson et al (2006) • Orthomagmatic ‘tholeiitic’ deposits (Ni-Cu sulphide & PGE’s) • Funnel shaped intrusions? Feeders/conduits?
Slide 9: Mineralisation Model
Mineralisation Model For personal use only • Irregular shaped • Complex relationships with country rock Æ sub-solidus ‘extrusion’? Æ tectonically emplaced? Beresford 2009
Slide 10: Mineralisation Model
Mineralisation Model For personal use only 392Mt 0.3%Ni 0.33% Cu Seat et al (2007)
Slide 11: The Continuum of Ni-Cu Sulphide Deposits
The Continuum of Ni-Cu Sulphide Deposits For personal use only Requires different exploration techniques for different styles TARGET CONTEXT Beresford 2009
Slide 12: EL3931 Woodroffe Clearance
EL3931 Woodroffe Clearance For personal use only EL3931 Woodroffe Cleared for exploration: 12 diamond boreholes 811 vacuum boreholes EL4048 Woodroffe Æ Testing Tempest EM, gravity & magnetic anomalies
Slide 13: Exploration Strategy
Exploration Strategy For personal use only • Geophysics • Vacuum Drilling • Diamond Drilling
Slide 14: Airborne Geophysics
Airborne Geophysics Magnetics Tempest EM For personal use only Gravity • Regional datasets • First-pass reconnaissance • Inherently coarse and noisy • Requires ground truthing
Slide 15: Vacuum Drilling
For personal use only Vacuum Drilling
Slide 16: Vacuum Drilling
For personal use only Vacuum Drilling
Slide 17: Exploration Highlights: EL4048 Mt Caroline
Exploration Highlights EL4048 Mt Caroline For personal use only
Slide 18: EL4048 Mt Caroline
EL4048 Mt Caroline For personal use only 19 completed diamond boreholes 856 completed vacuum boreholes 14.1 line km’s I.P. Tempest EM interpretation
Slide 19: EL4048 Mt Caroline Vacuum Drilling
EL4048 Mt Caroline Vacuum Drilling For personal use only Max. assays: 1880ppm Ni 1660ppm Co 455ppm Cu
Slide 20: EL4048 Mt Caroline Diamond Drilling
EL4048 Mt Caroline Diamond Drilling Induced Polarisation geophysical survey – 7 lines (14.1km) For personal use only Coincident EM & magnetic anomalies – follow up drilling Æ Further follow up drilling of other anomalies in tenement
Slide 21: EL3535 Pine Ridge
EL3535 Pine Ridge PIN002: 124.68m- 124.68m-124.97m 0.48% Cu For personal use only Mineralised migmatitic gneiss and metabasites rocks (Birksgate Complex) PIN002: 310.5- 310.5-312.15m 0.4% Cr Serpentinised olivine-bearing ultramafic rocks (Giles Complex?) Garnetites & calcsilicates Æ Broken Hill-type
Slide 22: Joint Venture Opportunities
Joint Venture Opportunities For personal use only
Slide 23: Thank You
Thank You For personal use only Disclaimer: • The information in this presentation is published to inform you about PepinNini Minerals Limited and its activities. All reasonable effort has been made to provide accurate information, but we do not warrant or represent its accuracy and we reserve the r