Orbit Resources Limited · ASX:OBT
Orbit Resources — Godolphin Resources — Investor Presentation (October 2021)
22 slides from Orbit Resources's investor presentation, October 2021
Slide 1: Investor Presentation
Investor Presentation October 2021 The premier land package for Gold and Copper-Gold Deposits in Australia’s World Class Lachlan Fold Belt
Slide 2: Investment highlights
Investment highlights Located in the Lachlan Fold Belt (LFB), Australia’s Multiple near-term discovery catalysts with key assets premier address for porphyry gold-copper and to be drill tested over next 3 months epithermal gold projects A dominant footprint with 100% control of more Well funded with
Slide 3: Corporate snapshot
Corporate snapshot Snapshot Board of Directors Shares on issue 84.1m Non-Executive Chairman Mr Jeremy Read Market capitalisation $12.6m Managing Director Ms Jeneta Owens (at $0.15 per share) Options on issue 50.7m Non-Executive Director Mr Ian Buchhorn 52 week high – low $0.41 - $0.14 Non-Executive
Slide 4: Significant foothold in the Lachlan Fold Belt
Significant foothold in the Lachlan Fold Belt Lachlan Fold Belt (LFB) in NSW is a world class mining precinct • 100% control of >3,200km2 of highly prospective LFB tenure • Historic mining precinct - multiple new 3,200km2 discoveries highlight LFB is elephant country in elephant country Key projects
Slide 5: LFB hosts multiple tier 1 mining projects
LFB hosts multiple tier 1 mining projects GRL’s ELs are sandwiched between Cadia’s Ridgeway copper-gold mine - one of Australia’s largest and lowest cost gold mines - to the south and Alkane’s Boda copper- gold porphyry discovery to the north Multiple million-ounce neighbours: Newcrest (Cadia/Ridg
Slide 6: ‘Discover Thinking’ exploration strategy
‘Discover Thinking’ exploration strategy GRL is undertaking a multi-discovery strategy across its pipeline of gold and gold/copper projects Objective is to maximise drill targets through prospect generation across entire tenement package – provides significant optionality Targets defined through stu
Slide 7: Leading technical team to unlock value
Leading technical team to unlock value Extensive local knowledge and a proven track record of deposit type discoveries Jeneta Owens – Managing Director Melissa Morgan – Senior Exploration Geologist An experienced senior geologist with extensive experience in the A Cu-Au porphyry systems specialist,
Slide 8: Regional target generation
Regional target generation Prospectivity across multiple deposit types Ordovician to Silurian Volcanics & LTZ Many known mineral occurrences Historic mining Low cost, in-ground exploration Orogenic Au – e.g. Adelong, Forbes-Parkes, Tomingley, Grenfell, Kiandra, Temora VAMS (volcanic-associ
Slide 9: Gundagai target generation
Gundagai target generation Prospectivity across multiple deposit types Ordovician to Silurian Volcanics Many known mineral occurrences Historic mining, reef and alluvial Au Low cost, in-ground exploration planned Orogenic Au – e.g. Adelong, Forbes-Parkes, Tomingley, Grenfell, Kiandra, Temo
Slide 10: Multi-faceted exploration program
Multi-faceted exploration program October 2021 November 2021 December 2021 January 2022 GUNDAGAI GUNDAGAI CUMNOCK 1825m RC drill program Soil Sampling program REGION Soil Sampling program NORTH targeting areas of old gold workings, thick quartz veins Geological mapping Geological mapping and multipl
Slide 11: Lewis Ponds – gold, silver and zinc
Lewis Ponds – gold, silver and zinc • JORC 2012 Resource*: 6.20 Mt at 2.0g/t gold, 80g/t silver, 2.7% zinc, 1.6% lead and 0.2% copper • Resource is part of a larger mineral system extending over 9km SE with extensive gold, copper and base metal workings • Located 20km along a broad structural zone f
Slide 12: Redefining the Lewis Ponds opportunity
Redefining the Lewis Ponds opportunity • Targeted four hole RC drilling program completed in 2021 at Quarry Lode – all holes intercepted sulphides including chalcopyrite (copper mineral) • Quarry Lode is NW of MRE and has been intersected at depth in previous drilling, upper levels and northern exte
Slide 13: Unlocking value at Lewis Ponds
Unlocking value at Lewis Ponds Class Tonnage Grade Contained metal (Mt) Au (g/t) Ag (g/t) Zn ((%) Pb (%) Cu (%) AuEq (g/t) Au (koz) Ag (moz) Zn (kt) Pb (kt) Cu (kt) Inferred 6.2 2.0 80 2.7 1.6 0.2 6.0 398 15.9 170 99 11 Total 6.2 2.0 80 2.7 1.6 0.2 6.0 398 15.9 170 99 11 *Lewis Ponds Resource Update
Slide 14: Gundagai North and South gold project
Gundagai North and South gold project • Historical gold mining area with substantial historical workings • High gold samples in rock chips and soil from work conducted in 2019 and 2020 • Multiple walk up drill targets identified across land package • 1,825m of RC drilling planned for 11 holes to com
Slide 15: Copper Hill East gold and copper project
Copper Hill East gold and copper project • Project located in the same volcanic sequence as Boda (50km south) and Cadia-Ridgeway (50km north) • Two drilling phases completed in 2020 • Preliminary indications from work include: – Copper and gold in soils anomaly – Minimum of 7km strike length – Stron
Slide 16: CHE Turrawonga – copper gold porphyry potential
CHE Turrawonga – copper gold porphyry potential • Prospect hosts a magnetic anomaly with coincident Au/Cu anomaly – tested with four RC drill holes, two with diamond tails • Drill holes intersected: Previous results included : – Multiple intrusions • 32m @ 0.29g/t gold & – Zones of strong magnetite
Slide 17: Yeoval copper gold project
Yeoval copper gold project • Existing JORC 2012 Mineral Resource Estimate of *12.8 Mt at 0.38% copper, 0.14 g/t gold, 2.2 g/t silver & 120 ppm molybdenum • Yeoval Project (EL8538) covers ~290km2 , with over 60 historic copper-gold mine workings along 20km strike length • Recent assessment of data hi
Slide 18: Investment summary
Investment summary Large tenement holding in Lachlan Strategy to define new targets and Fold Belt – a world class exploration drill them for discovery - maximising and mining province. in-ground expenditure Drill programmes planned at Lewis 519koz gold in resources with significant Ponds, Copper Hil
Slide 19: Disclaimer and competent persons statement
Disclaimer and competent persons statement COMPETENT PERSONS STATEMENT DISCLAIMER JORC INFORMATION CAUTIONARY NOTE REGARDING FORWARD LOOKING INFORMATION This Australian Securities Exchange (ASX) release contains forward-looking statements and forward-looking information within the meaning of This Pr
Slide 20: godolphinresources.com.au
godolphinresources.com.au Unit 13, 11-19 Williams Street Orange, NSW, 2800 Australia Jeneta Owens – Managing Director [email protected] +61 417 344 658
Slide 21: Appendix 1: Lachlan Fold Belt deposits
Appendix 1: Lachlan Fold Belt deposits • LFB is Australia’s premier bulk- Project Resource Type Reference Resource tonnage gold and copper metal province Lewis Ponds Inferred 6.20Mt at 2.0g/t Au, 80g/t Ag, 2.7% Zn, 1.6% Pb, & 0.2% 1 Cu • Godolphin’s resources using both gold only and gold- Mount Aub
Slide 22: Appendix 2: Resource Inventory
Appendix 2: Resource Inventory SUMMARY OF MINERAL RESOURCES (JORC 2012) CONTAINED WITHIN GODOLPHIN TENEMENTS Tonnes Contained Contained Contained Contained Contained Project Au (g/t) Ag (g/t) Zn (%) Pb (%) Cu (%) (Mt) Au (koz) Ag (moz) Zn (kt) Pb (kt) Cu (kt) Mt Aubrey 1.21 1.61 - - - - 63 - - Yeova
Godolphin Resources — Investor Presentation (October 2021) on 6ix