Aureka Limited · ASX:AKA

Aureka — Navarre Minerals — Shareholder Meeting (November 2013)

17 slides from Aureka's shareholder meeting presentation, Nov 22, 2013

  1. Slide 1: 2013 Annual General Meeting Company Update

    SCIENCE  DISCOVERY  GROWTH 2013 Annual General Meeting Company Update Melbourne 22 November 2013

  2. Slide 2: Forward-looking statement & disclaimer

    Forward-looking statement & disclaimer The information contained in this presentation has been provided by Navarre Minerals Limited (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 affiliate

  3. Slide 3: 2013 - Emergence of Victorian copper

    2013 - Emergence of Victorian copper BIG PROJECTS, BIG POSITIONS  100% ownership of key projects FOCUS ON MIGA ARC - BASE METALS  Secured porphyry copper prospects on Miga Arc  Eclipse, Lexington, Pollockdale & Glenlyle  50 targets generated & prioritised LARGE GOLD AT BENDIGO  Advancing the sh

  4. Slide 4: Significant milestones - 2013

    Significant milestones - 2013 Investing for growth and adding value to our project portfolio  Copper  Miga Arc: geology like Andes, host to world’s largest known copper porphyry systems  100% ownership of big footprint  First mover- best ground, dominant position  Porphyry-style Cu-Au drilled a

  5. Slide 5: Miga Arc

    SE Australia’s main volcanic terranes and their identified metal endowments Miga Arc Victoria’s new emerging copper belt  Miga Arc now recognised as an Andean- style volcanic arc concealed below recent thin cover and remains under-explored  Miga Arc comparable to widely explored Macquarie Arc  Ro

  6. Slide 6: Miga Arc

    Andes Volcanic Range, South America S Miga Arc Pacific plate Recent seismic data show new N copper & gold opportunities South American plate in western Victoria ~ 500 million years ago W E  Arcs form above subduction zones at plate boundaries (eg. Andes, Indonesia) Present day Western Victoria  Mo

  7. Slide 7: Cu-Porphyry Exploration Targets

    Cu-Porphyry Exploration Targets1  >500Mt tonnes  0.3 – 2 % copper  0.2 – 2 g/t gold  Porphyry copper deposits are large, low-grade, bulk-mined deposits  Largest are 1.5 – 3 billion tonnes @ 0.7-2% copper  Usually associated with gold and/or molybdenum Cadia Hill Porphyry Cu-Au Mine, central NS

  8. Slide 8: Western Victoria Copper Project - Miga Arc

    Western Victoria Copper Project - Miga Arc Under-explored volcanic province containing large porphyry Cu-Au targets 130 kms of under-explored Pacific rim style volcanic belt with no deep drill holes Near established infrastructure (power, port, rail, highways, workforce & processing facility) Por

  9. Slide 9: Eclipse prospect

    Eclipse prospect Porphyry copper-gold system Scale potential –large geophysical feature co-incident with anomalous base metal geochemistry Previous shallow high-grade intercepts include:*  15m @ 0.7% Cu, 1.9% Zn, 0.8g Au/t (RC92GM52)  13m @ 0.7% Cu, 0.2g Au/t, inc. 2m @ 2.2% Cu (RC92GM55)  2.0m

  10. Slide 10: Eclipse prospect

    Eclipse prospect Conceptual porphyry copper-gold model Page 10 of 17

  11. Slide 11: Lexington Prospect . . . More porphyry potential

    Lexington Prospect . . . More porphyry potential  Sulphide in surface rocks MAGNETIC IMAGE - LEXINGTON DIORITE COMPLEX  Highly anomalous geochemistry & quartz veining Pyrite VICT3D1 Chalcocite  Granodiorite porphyry core  Tectonic quartz veining Page 11 of 17

  12. Slide 12: 2013-2014 Proposed program

    2013-2014 Proposed program 50 targets to advance WESTERN VICTORIA COPPER PROJECT ECLIPSE  Conduct 3D IP geophysics survey (Dec 2013)  Phase 1 Diamond drill program (Q1, 2014) LEXINGTON  Complete geochemical/ geophysical surveys  Conduct drill targeting and planning REGIONAL  Complete regional r

  13. Slide 13: Gold projects – update

    Gold projects – update Page 13 of 17

  14. Slide 14: Bendigo North - Tandarra

    Bendigo North - Tandarra Testing the shallow open pit potential  Bendigo-style quartz reef gold under shallow cover  Multiple lines of quartz reef  29 targets detected by CSAMT geophysics  14 confirmed by AC drilling to contain anomalous gold  limited RC drill testing on 2 lines confirms contin

  15. Slide 15: Navarre Board & Management

    Navarre Board & Management Experience & results Highly experienced leadership team with combined 60 years of exploration and operational experience in Victoria and track-record of bringing projects into production Kevin Wilson - Chairman John Dorward - Non-Executive Director Colin Naylor - Non-Execu

  16. Slide 16: Our view

    Our view Miga Arc provides an exceptional opportunity for mineral discovery:  Newly recognised continental margin arc setting like South America’s Andes, host to the world’s largest known copper porphyry systems  Emerging Cu-Au porphyry province  Potential for discovery of giant deposits  Indepe

  17. Slide 17: SCIENCE DISCOVERY GROWTH

    SCIENCE  DISCOVERY  GROWTH Page 17 of 17

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