Aureka Limited · ASX:AKA
Aureka — Navarre Minerals — Investor Presentation (March 2013)
23 slides from Aureka's investor presentation, Mar 20, 2013
Slide 1: Investor Presentation
Investor Presentation March 2013 Geoff McDermott – Managing Director ASX Code: NML www.navarre.com.au
Slide 2: Forward-looking statement & disclaimer
Forward-looking statement & disclaimer The information contained in this presentation has been provided by 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 representatives as to
Slide 3: Company Summary
Company Summary Navarre Minerals is a Victorian based resources company exploring for gold & base metals deposits within emerging and proven mineral corridors Exposure to gold, copper base metals growth Extensive tenement position Two potential large discoveries: Priority 1 - Tandarra Gold p
Slide 4: Bendigo North
Bendigo North An emerging gold district • Finalised 100% ownership of Tandarra project – January 2013 • Earning 75% interest in Raydarra & Sebastian • Gold concealed by shallow Murray Basin sediments (1m – 80m deep) • Located close to 22Moz Bendigo Goldfield on same controlling fault – NML has 35km
Slide 5: Central Victoria gold endowment
Central Victoria gold endowment Dept. of Primary Industries predicts 32 Mozs of gold under cover north of Bendigo Source: Victorian Department of Primary Industries, Gold Undercover Initiative 2007
Slide 6: Tandarra
Tandarra Best gold prospect in Victoria Gravity image Raydarra & Tandarra Depth to Basement Showing all drilling • Bendigo-style gold in quartz reefs September 2012 • Quartz reefs form “buried hills” under cover similar to Bendigo • New geophysical approach followed by scout drilling uncovers multip
Slide 7: Tandarra
Tandarra Drilling status • Two high-grade lines of reef confirmed to date – Tomorrow & Macnaughtan lines • High grade gold occurs within a broad halo of mineralised quartz close to surface • >2km of near surface gold mineralisation on established lines
Slide 8: Tandarra Long Sections
Tandarra Long Sections South Un-tested for North Dingee Rd Area to drill Drilled October-November 2012 repetitions 800 m Macnaughtan Line South Existing stockwork of North gold mineralisation Tested for shallow repetitions 850 m Un-tested for repetitions or Dingee Rd Area to drill Drilled October-No
Slide 9: Tandarra
Tandarra Cross-section through Tomorrow line March 2013
Slide 10: Tandarra – Recent drill results
Tandarra – Recent drill results* Drill results supportive of conceptual open pit EASTING NORTHING AZIMUTH FINAL DEPTH FROM TO GOLD HOLE ID DIP INTERVAL (m) TARGET (MGA94) (MGA94) (MGA94) (m) (m) (m) (g Au/t) RCT001 246882 5972742 -70 090 104 71.0 87.0 16 1.1 Tomorrow Line RCT006 246893 5972731 -60 0
Slide 11: Delamerian base metals & gold project
Delamerian base metals & gold project Under-explored volcanic province containing multiple Andean-style gold and base metals targets • Former Rio Tinto base metals & gold project • Volcanics under-explored due to poor outcrop and shallow cover • Multiple drill targets largely untested in 130kms of v
Slide 12: Eclipse prospect
Eclipse prospect Potential porphyry copper-gold system • Under-explored porphyry copper-gold target • Scale potential – large target area (2900m by 700m) demagnetised feature co-incident with gravity low & anomalous base metal geochemistry • Porphyry-style alteration assemblages form distinct zones
Slide 13: Eclipse prospect
Eclipse prospect Conceptual porphyry copper-gold model • March 2013 initial RC / air-core drill program completed to characterise alteration assemblages in porphyry system to vector towards high-grade. Assays pending • Regional program of reconnaissance geology and ionic leach soils over geophysical
Slide 14: Sebastian Gold Project
Sebastian Gold Project Potential shallow gold under cover • Under-explored • CSAMT detects potential reef structure • Follow-up drill strategy being planned 9 km Under Cover Gold Potential Sebastian Goldfield (187,000 ozs past production) Bendigo Goldfield
Slide 15: Landsborough Fault – Kingston project
Landsborough Fault – Kingston project Emerging gold project close to established infrastructure • At-surface, oxide gold mineralisation with shallow high-grade gold intercepts including recent Navarre drilling - 16.9m @ 5.5g Au/t from 66m down-hole in DDK001 • 100% owned with dominant position along
Slide 16: Kingston
Kingston Previous high-grade gold intercepts to follow up • Recent airborne magnetic survey locates possible repetitions of Kingston mineralisation for follow-up testing • CSAMT & trial IP geophysics uncovers new targets • Planning and permitting underway to drill test CSAMT & IP targets 1.1 km 60 m
Slide 17: 2013 Exploration Program
2013 Exploration Program Testing the shallow open pit potential BENDIGO NORTH GOLD PROJECT • Reconfiguration of pilot plant then bulk testing of Tandarra RC sample residues • Conceptual mining studies at Tandarra • Raydarra & Sebastian CSAMT target follow-up drill planning Navarre pilot plant – Marc
Slide 18: Navarre Board & Management
Navarre Board & Management Experience & results Combined 60 years of exploration and operational experience in Victoria and track- record of bringing projects into production Kevin Wilson - Chairman Wess Edgar - Exploration Manager John Dorward - Non-Executive Director Jodi Ford - Accountant Colin N
Slide 19: Corporate
Corporate ASX code NML (listed 31 March 2011) Shares on issue 59.6 million Options 6.03 million (unlisted) Share Price AUD$0.12 (20 March 2013) Market Cap $7.2 million (AUD$0.12) Cash $1.1 million (31 December 2012) Major Shareholders Crocodile Gold Corp. 9% (Owner of Fosterville and Stawell Gold Mi
Slide 20: Navarre Investment Summary
Navarre Investment Summary Discovery of a potential new goldfield under shallow cover at Tandarra - 40km along strike from 22Moz Bendigo Goldfield Testing the potential of a large, shallow porphyry copper-gold system at Eclipse 100% key project ownership - earning 75% Raydarra & Sebastian Ex
Slide 21: Navarre Minerals Limited
For more information contact Navarre Minerals Limited 40 – 44 Wimmera Street Stawell VIC 3380 Tel: 03 5358 8625 Website: www.navarre.com.au Email: [email protected]
Slide 22: Bendigo North gold project
4 : ACTIT2. “Paseo m Ee - 8 2x gold grain (seat!) Se endigo North gold project
Slide 23: Delamerian base metals-gold project
Delamerian base metals-gold project
Navarre Minerals — Investor Presentation (March 2013) on 6ix