Power Minerals Limited · ASX:PNN
Power Minerals — PepinNini Minerals — SA Resources and Investment Conference (May 2011)
37 slides from Power Minerals's conference presentation, May 3, 2011
Slide 1: May 2011
For personal use only 1 May 2011
Slide 2: A diversified Australian mineral exploration company
For personal use only Uranium and Magnetite in the Curnamona Province SA Copper/Gold, Lead/Zinc in the Curnamona Province SA Nickel/Copper, Lead, Zinc, Silver in A diversified the Musgrave Province SA Australian mineral Iron Ore in the Midwest WA exploration company Gold Silver, Gold, Silver Copper
Slide 3: Capital Structure
Capital Structure For personal use only (27th April, 2011) z 89,702,499 89 702 499 shares on issue z Currently 1 1,920 920 shareholders z 48% off iissued d capital it l h held ld by top 20 shareholders z Currently capitalised at AUD$15 million z Current cash AUD$5.4million (+ AUD$4.6million expendit
Slide 4: Exploration tenements overview
For personal use only North Queensland Musgrave Province Robinson Range Iron Ore Curnamona Province 46 exploration tenements covering 16 16,000 000 sq sq.kms kms. 4
Slide 5: For personal use only
For personal use only 5
Slide 6: Tenements granted and applications
For personal use only t d ttenements 8 granted t and 7 applications covering 13,379 sq kms 6
Slide 7: Curnamona Province Project
Curnamona Province Project (40% PepinNini 60% Sinosteel Corporation) For personal use only Advanced Uranium Project – Crocker Well z Joint Venture alliance with Sinosteel Corporation to jointly explore and develop the Uranium Project z JORC compliant U3O8 resource at Crocker Well of 11.66Mlbs 11 66M
Slide 8: Tenements covering 3,778 sq kms
For personal use only 5 Tenements covering 3,778 sq kms 8
Slide 9: Base metal targets map
TMI RTP Magnetics Kalkaroo (Cu-Au-Mo) Billeroo Carbonatite Johnaroo ( For personal use only Birthday Well South Koolka ( ( ( Whi D White Dam (A (Au)) Willow Crocker’s Well More than 30 priority base metal (Cu/Au, Pb Pb/Zn) /Zn) targets identified for investigation 0 5 10 kilometres 9
Slide 10: Previous drill intersections
For personal use only Encouraging drill intersections by previous explorers include 10m @ 2.07g/t Au, 0.74% Cu, 5.6m @ 8.5% Cu and 32m @ 0.66% Zn 10
Slide 11: Braemar Ironstone Magnetite
Braemar Ironstone Magnetite For personal use only 11
Slide 12: Initial Targets
For personal use only 12 3 Initial Targets
Slide 13: Braemar Ironstone Magnetite
Braemar Ironstone Magnetite For personal use only Encouraging E i positive iti exploration l ti d drilling illi and d metallurgical results have recently been publicly reported p by y other explorers p in the area z Very V thi thick k (300 m +) and d laterally l t ll very extensive t i sequences off
Slide 14: Braemar Magnetite Project attractions
Braemar Magnetite Project For personal use only P j t attractions: Project tt ti z Potentially very large deposits (>billion tonnes) easily exploitable from surface and amenable to open cut mining z Soft siltstone host with the magnetite being easily liberated, resulting in low cost mining and low p
Slide 15: Musgrave Province Project
Musgrave Province For personal use only Project Nickel, copper, PGE’s lead, zinc, silver 15
Slide 16: For personal use only
z Long term commitment For personal use only to explore potential for world class size mineral deposits z Company owned drilling rigs and support equipment i t z Company owned field camp z Cost effective exploration 16
Slide 17: Musgrave Province Project Targeting
Musgrave g Province Project j For personal use only TARGETING Nickel, copper, PGE’s (Giles (Giles Complex) Complex) Copper, lead, zinc, silver (Birksgate (Birksgate Complex Complex)) 17
Slide 18: Musgrave Province Project tenements
Musgrave g Province Project j For personal use only 4 Granted Exploration Licences 6E Exploration l ti LiLicence Applications A li ti covering 9,600km2 18
Slide 19: Rio Tinto Joint Venture
Rio Tinto Joint Venture For personal use only • Three tenements covering 1,382km2 • Expenditure of $4m over 4 years to earn 51% • One tenement granted – EL3931 Woodroffe • Two tenement applications – Jalakana & Aparatjara EL4587 Targeting Ni- Ni-Cu sulphide & base metal mineralisation Æ High Priorit
Slide 20: Exploration Strategy
Exploration For personal use only Strategy z Geology z Geophysics z Vacuum Drilling z Diamond Drilling 20
Slide 21: Two magnetic features investigated
EL 3368 EL 4587 Mt Harcus For personal use only Two Magnetic g Features have been investigated g 21
Slide 22: Mt Moulden Block – Nickel Sulphide Targets
Mt Moulden Block – Nickel Sulphide Targets z Nickel copper sulphide & For personal use only platinum group metal targets z Prospective Giles Complex rocks in NE of block z Similar geological setting to y Bay Voisey’s y (Ni-Cu) ( ) z Large 10x15km magnetic anomaly & gravity feature z Sulphides inters
Slide 23: Mt Harcus Block – Nickel Sulphide Targets
Mt Harcus Block – Nickel Sulphide Targets For personal use only z Nickel copper sulphide & platinum group metal target z Similar Si il geological l i l setting tti tot Voisey’s Bay (Ni-Cu) z Extreme E t magnetic ti anomalies (up to 65,000nT) z Harcus H I t Intrusion i 7k7km x 350m (mag-gravity) – 7
Slide 24: DD07HAR008
For personal use only DD07HAR008 0.3%Cu, 0.3% Ni 24
Slide 25: 52m of elevated Ni & Cu
For personal use only 52m of elevated Ni & Cu from 41m Up to 0.2%Cu, 254ppmNi 25
Slide 26: DD07HAR008
For personal use only 0.7%Cu DD07HAR008 26
Slide 27: EL4048 Mt Caroline, EL3931 Woodroffe
EL4048 Mt Caroline,, EL3931 Woodroffe For personal use only Caroline Intrusion has been investigated 27
Slide 28: Mt Caroline – Nickel Sulphide Target
Mt Caroline – Nickel Sulphide Target For personal use only gravity magnetics z Mt Caroline intrusion - nickel copper sulphide & platinum group metal target z Similar geological setting to Voisey’s Bay z Large (18x8kms), undercover, layered mafic/ultramafic intrusion z Pendlandite reported in surface
Slide 29: Diamond and Vacuum Drilling
Diamond and Vacuum Drilling Mount Caroline Intrusion For personal use only 29
Slide 30: Anomalous Diamond and Vacuum Drilling Results
Anomalous Diamond and Vacuum Drilling Results For personal use only z Sulphides intersected in the majority of diamond holes 30
Slide 31: EL3536 Pine Ridge
For personal use only 31 EL3536 Pine Ridge
Slide 32: EL3536 Pine Ridge
EL3536 Pine Ridge For personal use only z Acquired from Rio Tinto z Mapped pp ultramafic rocks z Known Ni & Ni-Cu prospects z Basement rocks similar to Broken Hill region z Potential base metal targets Up to 2% Cu, 9.8m @ 0.41% Cu, rock chip samples up to 1.5% Ni 32
Slide 33: EL3536 Pine Ridge
For personal use only 33 EL3536 Pine Ridge
Slide 34: EL3536 Pine Ridge
EL3536 Pine Ridge For personal use only PIN002: 124.68m- 124.68m-124.97m 0.48% Cu Mineralised migmatitic gneiss and metabasites rocks (Birksgate Complex) PIN002: 310.5- 310.5-312.15m 0.4% Cr Serpentinised p olivine-bearing g ultramafic rocks (Giles Complex?) Garnetites & calcsilicates Æ Broken Hill-
Slide 35: Musgrave Project Summary
Musgrave Project Summary For personal use only m 10 tenements covering 9,600 9 600 sq kms m Long g term commitment to explore p p potential for world class size mineral deposits m Targeting Giles Complex mafic-ultramafic mafic ultramafic intrusions – prospective for Ni-Cu sulphide & PGE mineralisati
Slide 36: Curnamona Project Summary
Curnamona Project Summary For personal use only m 5 tenements covering 3,778 3 778 sq kms m Joint Venture with Sinosteel Corporation p (Sinosteel 60% / PepinNini 40%) m Advanced uranium project at Crocker Well (11.6Mlbs @ 281ppm) m Base Metal (Copper, Lead, Zinc) and gold m Investigation of Braemar
Slide 37: Thank You
Thank You For personal use only Disclaimer: • 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 represent its accuracy and we re
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