Nexus Minerals Ltd. · ASX:NXM
Nexus Minerals — Investor Presentation (November 2020)
24 slides from Nexus Minerals's investor presentation, Nov 13, 2020
Slide 1: Corporate Presentation November 2020
For personal use only Corporate Presentation November 2020 www.nexus-minerals.com
Slide 2: Disclaimer & Competent Persons Statement
DISCLAIMER & COMPETENT PERSONS STATEMENT • This document contains forward looking statements. Forward looking statements are not based on historical facts, but are based on Nexus's current expectations of future results or events. These forward looking statements are subject to risks, uncertainties
Slide 3: Company Snapshot
COMPANY SNAPSHOT CORPORATE OVERVIEW BOARD AND MANAGEMENT For personal use only Nexus Minerals Limited ASX: NXM Chairman Mr Paul Boyatzis Shares 193 million Managing Director Mr Andy Tudor Non - Executive Director Dr Mark Elliott Share Price A$0.20 Non - Executive Director Mr Bruce Maluish Market Cap
Slide 4: Targeting Discovery of Large Scale Gold Deposits in Western Australian Goldfields
COMPANY SNAPSHOT TARGETING DISCOVERY OF LARGE SCALE GOLD DEPOSITS IN WESTERN AUSTRALIAN GOLDFIELDS For personal use only ➢ Strategic landholding in Eastern Goldfields, WA ➢ Saracen Mineral Holdings (Saracen ASX:SAR) ❑ Shareholder & JV Partner ➢ Highly Prospective Regional Tenement Package ❑ Pinnacle
Slide 5: Project Locations
PROJECT LOCATIONS Eastern Goldfields Western Australia Key Projects For personal use only ➢ Pinnacles Gold Project – 125km2 ➢ Wallbrook Gold Project – 250km2 Portfolio Projects ➢ Triumph Gold Project ➢ Mt Celia Gold Project Total Package 680km2
Slide 6: Pinnacles Project
PINNACLES PROJECT For personal use only Carosue Dam resources >5M ounces ➢ >125km2 of granted mining tenements ➢ Australia’s Gold “Heartland” ➢ Strong Gold Price ~A$2,500+/Oz 609,000t @ 4.0g/t Au for 78,000 ounces ➢ Surrounded by multi million ounce deposits ➢ Huge exploration upside ➢ Low cost expl
Slide 7: Opportunity – Near Term Gold Production
OPPORTUNITY – NEAR TERM GOLD PRODUCTION ➢ Pinnacles Contributing JV Nexus 90% / Saracen 10% (ASX:SAR) ➢ Project has JORC 2012 Combined Resource of 609,000t @ 4g/t Au for 78,000oz* For personal use only ➢ Open Pit Resource 159,000t @ 2.4g/t Au for 12,000 ounces ➢ Underground Resource 450,000t @ 4.6g/
Slide 8: Pinnacles JV Mineral Resource
PINNACLES JV MINERAL RESOURCE RC Drilling results from the recent drill campaign confirmed High-grade mineralisation For personal use only 1) Open-Pit Drilling (0-60m) ➢ 7m @ 6.25g/t Au from 54m ▪ Incl. 4m @ 9.68g/t Au ➢ 7m @ 3.34g/t Au from 48m ▪ Incl. 1m @ 11.61g/t Au ➢ 7m @ 3.68g/t Au from 36m ▪
Slide 9: Pinnacles JV Scoping Study
PINNACLES JV SCOPING STUDY Surface For personal use only 159,000t @ 2.4g/t Au for 12,000 ounces 80m 100m Scoping Study – Conceptual Open Pit followed by Decline and 20m Level U/G Development 450,000t @ 4.6g/t Au for 66,000 ounces 340m
Slide 10: Wallbrook Gold Project
WALLBROOK GOLD PROJECT ➢ 140km northeast of Kalgoorlie & immediately north of Saracen’s Carosue Dam Operations For personal use only ➢ Saracen commenced mining Porphyry Mining Centre – Sending ore to their Carosue Dam Operations Mill – 35km to the south ➢ 250km2 contiguous tenement package – Some 50
Slide 11: Crusader Prospect
CRUSADER PROSPECT ➢ Crusader JORC 2012 Combined Mineral Resource; 2.17Mt @ 1.22g/t Au for 85,000 ounces* For personal use only ➢ 54% of the mineral resource within the Indicated category, drilling concentrated on the top 100m; ➢ Resource remains open to the north and at depth; ➢ Best historic Nexus
Slide 12: Crusader Prospect
CRUSADER PROSPECT --- Mineral Resource Envelope For personal use only Pit Optimisation Studies guided recent exploration drilling
Slide 13: Crusader Prospect
For personal use only CRUSADER PROSPECT
Slide 14: Templar Prospect
TEMPLAR PROSPECT ➢ Templar Prospect drilling confirms broad and high- grade mineralisation extends over 700m and remains For personal use only open in all directions – a New Discovery; ➢ 3,854m (40 holes) RC Drilling completed in October to infill Nexus Aircore lines and test depth extensions; ➢ Tem
Slide 15: Templar Prospect
TEMPLAR PROSPECT For personal use only Photo 1: Hole NMWBRC20-097 100m-126m. 26m @ 1.67g/t Au, incl. 6m @ 3.5g/t Au (120m-126m EOH) Mineralisation - intensely sheared and altered volcaniclastic unit with extensive hematite alteration (red) and quartz vein Photo 2: Hole NMWBRC20-101. 45m-50m. 5m @ 5.
Slide 16: Templar Prospect
TEMPLAR PROSPECT Hole ID Easting Northing mRL depth (m) Azimuth Dip from (m) Length (m) g/t Au NMWBRC20-067 433335 6697174 373.919 100 90 -60 30 4 1.74 For personal use only including 31 1 5.40 NMWBRC20-071 433331 6697226 373.495 100 90 -60 29 6 1.74 including 30 4 2.19 NMWBRC20-074 433268 6697225 3
Slide 17: Branches and Golden Dyke Prospects
BRANCHES AND GOLDEN DYKE PROSPECTS Regional Exploration For personal use only Branches Prospect ➢ 2,739m / 35 holes RC Drilling completed in October to follow up previous mineralised drill intersections; ➢ Results pending ➢ Historic Database Branches Prospect RC Drill Holes; ➢ Structurally complex a
Slide 18: Paint Prospect – The Opportunity
PAINT PROSPECT – THE OPPORTUNITY Targeting “Karari Style” Mineralisation For personal use only ➢ Nexus RC Drill holes – Mineralisation hosted in variably hematite altered intrusive and host rocks ➢ Multiple zones of mineralised Au intersections ➢ 64m @ 0.32g/t Au (from 28m) ➢ 48m @ 0.36g/t Au (from
Slide 19: Saracen's Karari Gold Mine – The Target Style
SARACEN’S KARARI GOLD MINE – “THE TARGET STYLE” Karari Gold Mine Discovery* 1991 For personal use only ➢ 400m gold soil anomaly; ➢ RAB drilling identified >100ppb Au anomaly; ➢ Discovery hole ➢ 26m @ 0.13g/t Au (from 58m) Hosted in small felsic intrusive; ➢ 54m @ 0.21g/t Au (from 154m) Hosted in str
Slide 20: Paint Prospect
PAINT PROSPECT Nexus Geophysical Surveys - excellent vectors for mineralisation and drill planning ➢ High Resolution Ground Magnetics – Structure + anomalous magnetic lows within magnetic highs For personal use only ➢ Coincident GAIP Chargeability & Resistivity anomaly – Silicification and sulphide
Slide 21: Wallbrook Gold Project Planned Exploration Activities
WALLBROOK GOLD PROJECT Planned Exploration Activities ➢ Historic data compilation across 250km2 tenure For personal use only ➢ Exploration strategy development ➢ Geological - Alteration - Structural mapping ➢ Analysis of new & historical geochemical datasets ➢ Modelling of new & historical geophysic
Slide 22: Nexus Month Program Report Card
NEXUS 6 MONTH PROGRAM “REPORT CARD” For personal use only July Aug Sept Oct Nov Dec 2020 2020 2020 2020 2020 2020 Feasibility Study / Resource definition drilling / Geotechnical drilling / Environmental Pinnacles studies / Metallurgical testwork / Permitting………………... RC Drilling Crusader / Templar /
Slide 23: Summary
SUMMARY Contact: Mr Andy Tudor For personal use only ✓ Highly Prospective and strategic landholding Managing Director ✓ Potential for near term cash flow – Pinnacles [email protected] ✓ Active gold explorer in multi million ounce Au NEXUS MINERALS LIMITED ASX:NXM region – largely underex
Slide 24: Appendix JORC Tables
SUMMARY Appendix 1 JORC Tables For personal use only Pinnacles Combined JORC 2012 Mineral Resource Estimate Crusader Combined JORC 2012 Mineral Resource Estimate Saracen Mineral Holdings CDO Combined JORC 2012 Mineral Resource Estimate
Nexus Minerals — Investor Presentation (November 2020) on 6ix