Nexus Minerals Ltd. · ASX:NXM
Nexus Minerals — Hemisphere Resources — Shareholder Meeting (November 2008)
26 slides from Nexus Minerals's shareholder meeting presentation, Nov 28, 2008
Slide 1: Hemisphere Resources Limited – Presentation to AGM 28th November 2008
For personal use only HEMISPHERE RESOURCES LIMITED Presentation to AGM 28th November 2008
Slide 2: Disclaimer
For personal use only Disclaimer ● The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or financial p
Slide 3: Highlights
For personal use only Highlights ● Listed on ASX: 23 February 2007 ● Exploring for gold, iron, uranium and nickel ● High grade gold intersections at Glandore ● Iron tenement near Yandicoogina ● Uranium project near Yeelirrie ● Strong downhole EM target and near surface nickel intersections at Mulgar
Slide 4: Directors
For personal use only Directors Mr Paul Boyatzis– Chairman Over 25 years experience in the investment and equity markets Mr Danny Costick – Managing Director Mining engineer with over 25 years operational experience, including production, project evaluation and management Dr Mark Elliott – Non Execu
Slide 5: Corporate
For personal use only Corporate Admitted to ASX 23 February 2007 Shares on Issue 33,962,300 Options 16,969,900 Cash (September 08) $2.8 million Debt Nil ASX Code: HEM
Slide 6: Strategy
For personal use only Strategy ● Explore for gold, iron, uranium and nickel ● Drill advanced gold and nickel targets ● Commence exploration on iron tenement ● Field work on uranium tenements ● Developing production potential ASX Code: HEM
Slide 7: Project Locations
For personal use only Project Locations Yandicoogina South WESTERN (iron) Sandstone AUSTRALIA 6km S of (uranium and base metals) Yandicoogina Mine centred around Sandstone Mulgarrie (nickel) Glandore (gold) 40km E of Kalgoorlie‐ 75km NNE of Kalgoorlie‐ Boulder Boulder ASX Code: HEM
Slide 8: Glandore Gold Project
For personal use only Glandore Gold Project ● Previous owners WMC and ANGLOGOLD ● 40km east of the golden mile ● New zone of high grade primary mineralisation ● New targets outlined ASX Code: HEM
Slide 9: Exploration Summary – Glandore
For personal use only Exploration Summary – Glandore ● Explore historical high grade gold production areas ● 4 lode zones tested to date ● Advance the exploration of >20 favourable target areas ASX Code: HEM
Slide 10: Prospects Tested - Glandore
Prospects Tested - Glandore Axial Planar Fault Potential: Includes: For personal use only Strike 250m, 4m at 18.8g/t Au from 103m, 10m 3m wide, at 10.3g/t Au from 58m open vertical extent 150m down dip and along strike Supergene Zone Includes: 8m at 10g/t from 18m, 2m at 43g/t Au from 38m 8m at 9.2g
Slide 11: Supergene Zone - Glandore
Supergene Zone ‐ Glandore Supergene For personal use only Enrichment 8m @ 9.2g/t Au from 20m 8m @ 10.4g/t Au from 20m 7m @ 4.2g/t Au from 15m Primary Mineralisation 2m @ 43.4g/t Au from 38m 5m @ 5g/t Au from 40m 3m @ 3.8g/t Au from 60m ASX Code: HEM
Slide 12: Drill Section Supergene Zone - Glandore
For personal use only Drill Section Supergene Zone ‐ Glandore Drill Section B – B’ ● Up to 4 zones of coherent gold mineralisation outlined ● New target identified at depth from recent drilling ● Mineralisation styles demonstrate New potential for open Target pit and underground ASX Code: HEM
Slide 13: Yandicoogina South Iron Project
For personal use only Yandicoogina South Iron Project Potential for Channel Iron Deposits and Hematite ASX Code: HEM
Slide 14: Aerial View - Yandicoogina South
For personal use only Aerial View ‐ Yandicoogina South ● Rio mines combined annual production of 52Mt ● E47/1904 ● Google Earth Image ASX Code: HEM
Slide 15: Landsat Image - Yandicoogina South
For personal use only Landsat Image ‐ Yandicoogina South ● Rio Mines and CID outline (Yellow) ● Drilling target areas (in Blue) ● Image processed Landsat bands taken in 2003 ASX Code: HEM
Slide 16: Valley identified with Hamersley group at head of valley
For personal use only Valley identified with Hamersley group at head of valley ASX Code: HEM
Slide 17: Iron Outcrop - Yandicoogina South
For personal use only Iron Outcrop – Yandicoogina South ASX Code: HEM
Slide 18: Sandstone Uranium Project
For personal use only Sandstone Uranium Project ● World Class uranium province ● Recent uranium resources published by neighbours ● Recent base metals discovery (BHP/WSA) ● 600 sq km granted ● Favourable geology ● Well defined catchments ASX Code: HEM
Slide 19: Conceptual Targets - Sandstone
Conceptual Targets ‐ Sandstone ● Valley Calcrete For personal use only and Playa Lake systems ‐ carnotite ; and autunite ● Base metals at northern end of Southern Cross greenstone belt ● Site visit shows enhanced uranium potential ASX Code: HEM
Slide 20: Exploration Program - Sandstone
Exploration Program ‐ Sandstone ● Drilling to test For personal use only radiometric anomalies in palaeochannel ● Regional Reconnaissanc e of northern extremity of Southern Cross greenstone belt ASX Code: HEM
Slide 21: Mulgarrie Nickel Project
For personal use only Mulgarrie Nickel Project ● 70% Hemisphere 30% Falcon Minerals ● 75km NNE of Kalgoorlie ● 20km NNW of Silver Swan ● Within a significant nickel province ● Neighbouring mines include Silver Swan, Black Swan, Scotia and Carr Boyd ASX Code: HEM
Slide 22: Exploration Program - Mulgarrie
For personal use only Exploration Program ‐ Mulgarrie ● Massive Ni sulphides ‐Silver Swan style Completed 2 Diamond drill holes with 3D down hole EM. Further drilling planned ● Disseminated Ni sulphides ‐ Black Swan style. Completed aircore drilling program Further drilling planned ASX Code: HEM
Slide 23: Drill Results - Mulgarrie
For personal use only Drill Results ‐ Mulgarrie ● Intersected mafic and ultramafic lithologies ● Anomalous nickel and copper in drilling ● 4m at 1.23% Ni (from 44m) ● 4m at 0.73% Ni (from 36m) ● 12m at 0.42% Ni (from 44m) ● 16m at 0.55% Ni (from 20m) ● Potential for open pit and underground discover
Slide 24: Summary
For personal use only Summary ● Priority tenement application in major iron ore province ● 600 sq km granted in major uranium province ● Nickel prospectivity enhanced ‐ SUCCESSFUL DRILLING ● Advanced and conceptual gold exploration targets ‐ SUCCESSFUL DRILLING ● $2.8 million cash (September 08) ● 3
Slide 25: Competent Person's Statement
For personal use only Competent Person’s Statement ● The information in this report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr Alan Downie, who is a Member of The Australasian Institute of Mining and Metallurgy. ● Mr Downie is employ
Slide 26: Hemisphere Resources Limited contact details
For personal use only HEMISPHERE RESOURCES LIMITED www.hemisphereresources.com Suite 7, PO Box 2803 6 Richardson St West Perth 6872 West Perth 6005
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