Aureka Limited · ASX:AKA
Aureka — Navarre Minerals — Investor Presentation (April 2014)
17 slides from Aureka's investor presentation, April 2014
Slide 1: Hunting Big Copper
HUNTING BIG COPPER The search for porphyry copper – gold deposits in Victoria Investor Presentation April 2014 ASX: NML
Slide 2: Forward-Looking Statement & Disclaimer
Forward-Looking Statement & Disclaimer The information contained in this presentation is provided by Navarre Minerals Limited (Navarre) and other sources identified herein. No representation or warranty, express or implied, is made by Navarre or any adviser or any of their respective affiliates or r
Slide 3: Navarre Minerals Limited
Navarre Minerals Limited Our aim: to discover the first major porphyry copper & gold deposit in Victoria Australian-based publicly-listed exploration company (ASX: NML) Highly experienced Board and Management Landholding of 2,320 km² in western & central Victoria Focus on discovery of copper
Slide 4: Corporate Overview
Corporate Overview Major Shareholders ASX CODE: NML Northgate (Subsidiary of Croc Gold Corp) 9% 59.62m Ordinary Shares on Issue Board & management 25% John Darroch & family 5% Market Capitalisation: Approx. A$4.95m* Lujeta Pty Ltd 3% 52-week Share Price Range High - $0.11 Top 20 shareholders
Slide 5: Board and Management
Board and Management Highly experienced leadership team with 120 combined years of exploration, mining and finance industry experience Proven track record of discovery and project development Led by ex-MPI Mines/Leviathan Resources (Stawell Gold Mines) executives Kevin Wilson Chairman Geologis
Slide 6: Miga Arc - Victoria's emerging copper–gold porphyry province
Miga Arc - Victoria’s emerging copper – gold porphyry province Miga Arc has similar geological setting to South America’s Andes, host to world’s largest known copper porphyry mines, but is at an early stage of exploration Miga Arc comparable to the widely-explored Macquarie Arc (Cadia Valley & N
Slide 7: The Emergence of Victorian Copper
The Emergence of Victorian Copper Focus on 300km long Miga Arc volcanics – new copper & gold porphyry belt Eclipse prospect NML’s Western Victoria Copper Project comprises 4 porphyry prospects, 300km NW of Melbourne The advanced Eclipse Porphyry Prospect delivers grades up to 6.4% copper and 5
Slide 8: Western Victoria Copper Project
Western Victoria Copper Project Total area of 1,278km² 100% owned 130 strike km of under-explored volcanic belt with no deep drill holes Four main porphyry prospects: Eclipse, Lexington, Pollockdale & Glenlyle Close to established infrastructure Porphyry-style copper & gold mineralisatio
Slide 9: Eclipse Prospect
Eclipse Prospect Advancing towards Victoria’s first porphyry Cu-Au discovery Large mineralised alteration zone (>276m of zinc + gold + pyrite in DD10BR001) found in NML’s first drill hole indicates proximity to porphyry Cu-Au Further independent mineral analyses indicate proximity to potential h
Slide 10: Eclipse Prospect – Recent Drill Results
Eclipse Prospect – Recent Drill Results Shallow copper blanket suggests “leakage” from deeper porphyry copper source IP survey detects deeper copper target 32m @ 0.5% Cu & 0.5g/t Au from 28m in RCBR006 (or 66m @ 0.4g/t Au from surface to end of hole) 9m @ 0.4% Cu & 0.8g/t Au from 28m in RCBR003
Slide 11: Eclipse – compelling exploration potential
Eclipse – compelling exploration potential Testing a major porphyry copper – gold target for the first time Three IP anomalies – only IP Target 1 superficially Prospect area is under-drilled & under-explored tested to date IP Target 1 shallow drilling shows match between Widespread copper, g
Slide 12: Lexington Prospect – next cab off the rank!
Lexington Prospect – next cab off the rank! Potential porphyry copper-molybdenum system Previous drilling confirmed porphyry system Air-core drilling outlines 500m x 700m >0.1% Cu halo with minor native copper Co-incident circular magnetic low feature detected in geophysics Sole diamond hole
Slide 13: Lexington Prospect - Positive signs for a discovery
Lexington Prospect - Positive signs for a discovery Highly anomalous geochemistry Sulphide in surface rocks & quartz veining Granodiorite porphyry core Tectonic quartz veining Lexington magnetic image 12
Slide 14: 2014 Proposed Exploration Program
2014 Proposed Exploration Program Testing a major porphyry copper - gold target for the first time Eclipse Prospect IP Target 1 - angled RC drilling followed by deeper diamond drilling Chalcocite copper - step-out and infill RC drilling to scope a mineral resource IP Target 2 & 3 – diamond dri
Slide 15: Pipeline of Projects
Pipeline of Projects Bendigo North Gold Project Farm-out to Catalyst Metals Limited Catalyst may earn 51% interest in EL 4897 by spending $3M over 4 years Final agreement due to be signed 30 April 2014 Landsborough Fault Gold Project Potential satellite mill feed to nearby Stawell Gold Mine
Slide 16: Summary
Summary Western Victoria Copper Project provides an exceptional opportunity for new mineral discovery: Emerging under-explored Cu-Au porphyry province Potential for giant deposits Similar to Macquarie Arc’s Cadia Valley and North Parkes region at early-stage exploration Independent studies s
Slide 17: Thank You
Navarre Minerals Limited Thank You Contact Us: Navarre Minerals Limited Geoff McDermott 40-44 Wimmera Street Stawell VIC Australia 3380 Tel: 03 5358 8625 Website: www.navarre.com.au Email: [email protected] 16
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