Power Minerals Limited · ASX:PNN

Power Minerals — PepinNini Minerals — SAREIC 2015

15 slides from Power Minerals's conference presentation, Apr 14, 2015

  1. Slide 1: SAREIC 2015

    For personal use only Rebecca Holland Kennedy Managing Director Todd Williams Musgrave Project Geologist SAREIC 2015

  2. Slide 2: Australian Projects

    Australian Projects For personal use only Nth Queensland (U) ( ) Musgrave (Cu-Ni-PGE) Robinson Range (Fe) • 23 tenements, approx. 11,500 km2 • Diversified mineral exposure 2 SAREIC 2015

  3. Slide 3: Argentina – Salta Province

    Argentina – Salta Province For personal use only Santa Ines/Chivinar (Au-Ag-Cu) • 9 miningg leases • 4 conversion applications • 230km2 in total • Blue-ribbon Blue ribbon terrain in Andean belt 3 SAREIC 2015

  4. Slide 4: Corporate Snapshot – March 2015

    Corporate Snapshot – March 2015 For personal use only ASX Code PNN Shares on Issue 170,047,389 Options on Issue 41,158,105 Shareholders 1,604 Share price A$0.02 Cash A$1.5m Top 20 Shareholders 66.6% of capital Revenue (drilling and field operations) - FY14 A$0.81m Exploration expenditure - FY14 A$1.

  5. Slide 5: Musgraves – an untapped resource

    Musgraves – an untapped resource For personal use only • Large tenement area in Central Musgrave – Evidence of Ni-Cu, PGE mineralisation – Multiple early-stage exploration targets • JV farm-in option in West Musgrave – Spinifex Range - Phosphate Australia – $150k commitment for two years, then th $5

  6. Slide 6: CSIRO Partnership – refining Musgrave targets

    CSIRO Partnership – refining Musgrave targets For personal use only CSIRO R&D collaboration established 2014 Project aims: • Refine exploration strategies • Develop Ni-sulphide targeting models Co-funded Co funded Target Generation 6 SAREIC 2015

  7. Slide 7: Two pipeline projects – Caroline & Anerinna

    Two pipeline projects – Caroline & Anerinna For personal use only More than 85% of EL5220 ‘Caroline’ and ELA ‘Anerinna Hills’ unexplored • Favorable geological setting • No existing regional airborne EM • Untested gravity lineament • Multiple magnetic dipole ‘bulls bulls-eye eye’ features (possible

  8. Slide 8: PNN camp relocated to 'South Caroline'

    PNN camp relocated to ‘South Caroline’ For personal use only 8 SAREIC 2015

  9. Slide 9: Reconnaissance vacuum drilling commenced

    Reconnaissance vacuum drilling commenced For personal use only • Current focus Central Plains prospect • Elucidating g basement topography, p g p y, ggeology gy and geochemistry • Targeted regional magnetic features beneath shallow (5-20 metres) cover • O Ongoing i engagementt with ith ttraditional

  10. Slide 10: Targeted airborne EM planned for Q2

    Targeted airborne EM planned for Q2 For personal use only • Seven areas prioritised for airborne EM (detection of conductive bodies) • Collaboration with CSIRO • Department of State Development (DSD) regional airborne EM planned • Rapid and cost cost-effective effective delineation of possible Ni-Cu

  11. Slide 11: Spinifex Range – multiple Nebo-Babel targets

    Spinifex Range – multiple Nebo-Babel targets For personal use only • Multiple M lti l Ni Ni-Cu C ttargets t identified from recent high-resolution magnetics • ~15km horizon prospective for Platinum Group Elements (PGEs) • Ni-Cu potential supported by historical drilling at Manchego • ~20 line km of

  12. Slide 12: Spinifex Range – Quality PGE geochem targets

    Spinifex Range – Quality PGE geochem targets For personal use only 0.7 Pt 0.9 Pt 1.4 Pt • 11 magnetite seams 0.2Pd 0.4Pd 1.3 Pt prospective for PGEs 0.3Pd 0 7Pd 0.7Pd • Up to 2.14 g/t PGE, 0.25% Cu in historical samples • Mineralisation is uniquely enriched in more valuable Pt • Concealed by a thin

  13. Slide 13: Positive heritage outcomes

    Positive heritage outcomes For personal use only • Traditional Owner meeting held during March • High-priority areas cleared for initial low- impact ground EM and vacuum drilling • Work program planning underway 13 SAREIC 2015

  14. Slide 14: PepinNini – offering unique upside potential

    PepinNini – offering unique upside potential For personal use only 9 Strategic tenement holdings – Large areas, promising geology, key minerals (Ni, Cu, PGE) 9 First-mover advantage – Unlocking previously untested ground 9 Technical innovation – Airborne EM surveys for accelerated targeting 9 Cost-e

  15. Slide 15: Thank you / Disclaimer and Competent Persons Statement

    Thank you For personal use only Disclaimer and Competent Persons Statement ƒ The information in this presentation is published to inform you about PepinNini Minerals Limited and its activities activities. All reasonable effort has been made to provide accurate information, but we do not warrant or r

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