Strickland Metals Ltd · ASX:STK
Strickland Metals — Alloy Resources — RIU Sydney Resources Round-Up May 2016
15 slides from Strickland Metals's conference presentation, May 2016
Slide 1: The Horse Well Gold Discoveries
www.alloyres.com.au ABN: 20 109 361 195 ASX: AYR The Horse Well Gold Discoveries RIU SYDNEY RESOURCES ROUND-UP May 2016
Slide 2: Company Disclaimer and Statements
2 of 15 Company Disclaimer and Statements Disclaimer This presentation has been prepared by Alloy Resources Limited (“Alloy”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third pa
Slide 3: An Emerging Gold Exploration Success Story
3 of 15 An Emerging Gold Exploration Success Story • Alloy Resources is a Junior Mineral Explorer operating in Australia • We are participating in a potentially significant new Gold Discovery in Western Australia called the Horse Well Project. • The Project is located on the northern limb of the Yan
Slide 4: A Western Australian Based Exploration Company
4 of 15 A Western Australian Based Exploration Company Board of Directors Andy Viner Executive Chairman – Exploration Geologist Matsa Resources, Jackson Gold, Gindalbie Metals, RSG Kevin Hart Non-Executive Director and Company Secretary Gold Road Resources, Dacian Gold, Encounter Resources Andre Mar
Slide 5: Horse Well Gold Project
5 of 15 Horse Well Gold Project • Large 1,000 km2 Gold Exploration play • Located in the north-eastern goldfields of Western Australia • The region hosts major gold deposits at Jundee, Wiluna and Bronzewing. • 60 strike kilometres of the Millrose Greenstone Belt (same geology as Yandal belt) • The a
Slide 6: Project Status
6 of 15 Project Status • Extensive greenstone belt up to 10 kilometres wide, with granite intrusives and a major central fault structure. Dawn Prospects • Over 80% of the project is covered by transported sand meaning exploration requires aeromagnetic survey mapping and then drilling of targets • Th
Slide 7: Northern Dawn Prospect Areas
7 of 15 Northern Dawn Prospect Areas Mid 2014 status – 60% farm-out to Doray • Under-explored sand covered northern half of project • Dusk til Dawn and Crack o’ Dawn prospects defined by Eagle Mining in the mid 1990’s • Alloy reassessed and completed detailed aeromagnetics and follow-up drilling of
Slide 8: Dusk til Dawn prospect - proof of potential
8 of 15 Dusk til Dawn prospect - proof of potential • “Granny Smith style” gold mineralisation on granite contact • Three RC programs have now defined mineralisation over 300 metre strike and south east plunge (refer ASX release: September Quarterly Report 28/10/2015) • Zones of high-grade mineralis
Slide 9: Large New Gold Trends Discovered
9 of 15 Large New Gold Trends Discovered December Qtr 2015 and March Qtr 2016 Regional air-core drill programs totalling 23,000 metres have been completed: Django Prospect (T-06 Magnetic Target) • Air-core drill lines to 200m x 50m confirmed two new gold trends (+100ppb) Crack of Dawn Granite • New
Slide 10: Django Discovery
10 of 15 Django Discovery The new Django discovery is proof of a large mineralised system who’s alteration is appearing as a de-magnetisation of the host 7m @ 0.27 g/t Au rocks: 8m @ 0.32 g/t Au Original Target was 4 kilometres long by 1.5 km wide. Two gold trends are present, confirmed with co-inci
Slide 11: Dusk 'til Dawn – Django Comparison
11 of 15 Dusk ‘til Dawn – Django Comparison • The Northern Project area is sand covered on the surface negating use of soil sampling • Variable ‘transported cover’ to depths of up to 35 metres is present • Hence ‘air-core’ drilling is required for sub-surface geochemical sampling to locate anomalous
Slide 12: Southern Horse Prospect Area
12 of 15 Southern Horse Prospect Area Status • 75,000 oz Inferred Gold Resources 1 • Mineralisation is shallow (< 130m) and largely oxide • New Warmblood Discovery in 2012/2013 Upside • Warmblood drilling only in oxide and gold appears to be from narrow high-grade shoots with shallow northerly plung
Slide 13: Future Exploration
13 of 15 Future Exploration Untested Areas 10 km strike untested • The Celia Shear is untested between Django and Pony prospects – a strike of 10 kilometres • There is another 10 kilometres of strike untested north of Django where Proterozoic cover starts to occur • There is another 10 kilometres st
Slide 14: SUMMARY
14 of 15 SUMMARY A Highly Leveraged Investment Opportunity BIG TARGETS from outstanding exploration results EXCELLENT location – only 50km from the 5 Moz Jundee gold mine A SERIOUS Partner – Doray is a gold miner and developer ACTIVITY & News Flow – JV to spend at least $2 million on explora
Slide 15: Company Statements
15 of 15 Company Statements Horse Well JORC 2012 Inferred Resource (refer September 2015 Quarterly Report) Area Tonnes Grade (g/t) Ounces Palomino 554,000 2.45 43,600 Filly SW 85,800 8.24 22,700 Filly 206,000 1.32 8,700 TOTAL 846,000 2.76 75,100 Notes: • All figures are rounded to reflect appropriat
Alloy Resources — RIU Sydney Resources Round-Up May 2016 on 6ix