Activex Limited · ASX:AIV
Activex — Shareholder Meeting (November 2010)
21 slides from Activex's shareholder meeting presentation, Nov 29, 2010
Slide 1: Chairman's Address – Annual General Meeting 29 November 2010
ActivEX Limited. A.C.N. 113 452 896 117 Quay Street BRISBANE QLD 4000 P.O. Box 217 PADDINGTON QLD 4064 P: (07) 3236 4188 F: (07) 3236 4288 E: [email protected] CHAIRMAN’S ADDRESS ACTIVEX LIMITED Annual General Meeting 29 November 2010 Good Morning Ladies and Gentlemen, my name is Ian Daymond and
Slide 2: Chairman's Address (continued)
During the year, we have raised additional funds through the exercise of share options and two placements. However, as we envisage a significant increase in drilling in the coming year, we are very much mindful of funding requirements. Without further introduction, I will call upon your Managing Dir
Slide 3: Annual General Meeting November 2010 – Managing Director
Annual General Meeting November 2010 Managing Director ActivEX Limited Doug Young Active explorers for new gold-copper resources …. moving towards development Nov 2010 1
Slide 4: Highlights for 2010
Highlights for 2010 z Copper Gold discoveries Cloncurry district o Potential Company making discoveries o Three areas potential for open pit operations o Secured significant ground holding of 163km2 in Cloncurry district o Immediate neighbours moving to production in 2011 z Bonanza grade gold-silver
Slide 5: AIV Projects
AIV Projects WHEATBELT v Geraldton Lake Chandler PERTH? \we. i O) Nov 2010 » Cairns Pentland Townsville ee cee ® Charters Towers “® Ravenswood Cloncurry “ Rockhampton Prospect Creek © quake Monduran bh @ Booubyjan Barambah @ Gympie Esk Trough .prisBANE y ¢ SYDNEY » ADELAIDE MELBOURNE {HOBART
Slide 6: Cloncurry Projects – Copper Gold
Cloncurry Projects – Copper Gold z Long history of discovery o Ernest Henry, Cannington, Century, Starra, Mt Dore, Osbourne o Mt Elliott, Rocklands, Kalman, Merlin, Barnes Shaft z Prospective for: o Iron Oxide Copper Gold (IOCG) Deposits o Merlin style – molybdenum-rhenium Nov 2010 For complete Info
Slide 7: Cloncurry District
Cloncurry District Ernest Henry Rocklands Mt Isa Mary Kathleen Cloncurry Eloise Kalman Greenmount Florence Lanhams Saddle Young Aust Ridge Mt Elliott/Swan Tick Hill Mt Dore/Merlin Starra Cannington Phosphate Hill AIV 100% AIV Joint Venture AIV Priority application AIV Competitive application Ivanhoe
Slide 8: Florence Project
Florence Project z Wimberu granite Black Black Beauty Beauty o fertile source of minerals Malbon Malbon z Magnetics o alteration on NE contact o Significant fluid flow on NE structures Florence Florence Creek z Multiple holdings, 163 km2 Creek o Florence Creek o Malbon o Black Beauty o Mt Agate JV M
Slide 9: Florence Bore Drilling
Florence Bore Drilling z SAM conductivity data o NE trending structure confirmed o Broad conductive zones under cover z First Phase drilling – July-August o Scout holes to find mineralisation o Significant intersections on four of five conductive structures z Second Phase drilling - October o Follow
Slide 10: Florence Bore North
Florence Bore North AFC002 34m @ 0.19% Cu AFC001 52m @ 0.72% Cu incl 32m @ 1.09% Cu AFC015 22m @ 1.03% Cu AFC017 48m @ 0.36% Cu SAM conductivity 3D model – Florence Bore North Nov 2010 8
Slide 11: Florence Bore North
Florence Bore North 34m @ 0.19% Cu 22m @ 1.03% Cu AFC001 52m @ 0.72% Cu incl 32m @ 1.09% Cu 48m @ 0.36% Cu SAM conductivity 3D model – Florence Bore North Nov 2010 9
Slide 12: Florence Bore South
Florence Bore South AFC024 86m @ 0.39% Cu AFC012 38m @ 0.44% Cu AFC025 15m @ 0.21% Cu AFC018 17m @ 0.66% Cu Nov 2010 SAM conductivity 3D model – Florence Bore South 11
Slide 13: Florence Bore South
Florence Bore South 86m @ 0.39% Cu 15m @ 0.21% Cu 38m @ 0.44% Cu 17m @ 0.66% Cu incl 6m @ 1.08% Cu Nov 2010 12
Slide 14: Mt Agate Project
Mt Agate Project z Mt Agate JV o up to 75% interest by spending $750k z Geochem anomaly o +5km long o values up to 1250ppm Cu z Previous drilling o 40m @ 0.32% copper z Current Program o 40m @ 0.25% copper o 35m @ 0.85% copper Nov 2010 14
Slide 15: Mt Agate – Saddle Ridge
Mt Agate – Saddle Ridge AMA001 35m @ 0.85% Cu 207ppm Co MA002 AMA002 40m @ 0.32% Cu 195ppm Co Nov 2010 40m @ 0.25% Cu 96ppm Co 15
Slide 16: Selwyn East Project
Selwyn East Project AIV Selwyn East EPM18073 z Southeast of Florence z Radiometrics shows clear structures z Structures related to Target Merlin-Mt Dore trend << Selwyn East EPM18073 z EPM pending 2011 Nov 2010 17
Slide 17: Barambah Project
Barambah Project Drilling Target z Cracow style high grade gold-silver o 1m @ 14.7g/t Au, 385g/t Ag o 1m @ 30g/t Au, 144g/t Ag o 2m @ 15.9g/t Au, 1556g/t Ag z Possible open cut or shallow underground z Drilling early 2011 Nov 2010 18
Slide 18: Lake Chandler Potash
Lake Chandler Potash z Mining Lease 100% owned z Central wheatbelt WA z Alunitic clays o Hydrated potassium sulphate z Inferred JORC Resource o 20 – 30 year mine life o 5M tonnes @ 5.7% K2O* z Rip and strip mining operation Nov 2010 19 *Reference to resource information – AIV:ASX release 29 January
Slide 19: Lake Chandler Potash
Lake Chandler Potash z Second stage scoping study o Results first half 2011 o improved costings Nov 2010 o simplified process 20
Slide 20: Project Priorities
Project Priorities Project Resource Priority Florence Copper gold Extend SAM surveys Geochemical infill Drilling early 2011 Selwyn East Copper gold molybdenum Tenement grant late 2010 Barambah Gold silver Stage 2 drilling early 2011 Lake Chandler Potash Second stage scoping study Others Copper gold,
Slide 21: Thank you
Thank you Information provided is for information purposes and does not constitute financial product advice. You should obtain independent advice before making any financial decisions. Although ActivEX Limited and its related bodies corporate (‘AIV’) has made every effort to ensure the accuracy of t