Adx Energy Ltd · ASX:ADX
Adx Energy — Audax Resources — Shareholder Meeting (November 2004)
46 slides from Adx Energy's shareholder meeting presentation, Nov 26, 2004
Slide 1: ASX cover letter for AGM presentation
AuDAX Incorporated in Western Austraiia A.B.N. 50 008 058 646 26 November 2004 Australian Stock Exchange Company Announcements Office Exchange Centre Level 4, 20 Bridge Street Sydney NSW 2000 Dear Sir Please be advised that the attached presentation will be made at the Annual General Meeting today a
Slide 2: Audax Resources Ltd Annual General Meeting
AuDAX RESOURCES LTD ANNUAL GENERAL MEETING FRIDAY 26™ NOVEMBER 2004
Slide 3: Q a a S| Li i 5% : x ci ¢ Wed November 2004
Q a 2 a S| Li i 5% 9 : x ci 6 2 ¢ Wed 24 November 2004
Slide 4: ; i D wy = _ & ? 7) ity aoe, a
; i D wy = _ & ? 5 7) ity aoe, a ANI bl ls x ¥ 4 | a ul Ges b Nae i goa 3
Slide 5: Exploration - Eastern Goldfields
Exploration - Eastern Goldfields “Archean Gold and Nickel Sulphide Targets
Slide 6: Bronzewing South
7 ye Bronzewing South “Gindaible “Mit Barnicoat “West Millrose* *Karra* «James Bore* ‘Marymia North* “Midway *Cunyu* “Horse Well* PERTH
Slide 7: Audax Exploration
Pa AUDA, Bxoloration = og
Slide 8: Bronzewing South
Bronzewing Sow i 4 ‘|
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Slide 10: Audax Tenure
AUDAX Tenure + Drillcollars @ Anomalous Au intercepts
Slide 11: Millrose Resource
MILLROSE RESOURCE 3D Image Looking NE 3 D Mineralised Zones - Red Shear Zones - Yellow Diamond Drill Holes Traces
Slide 12: Millrose
llrose fener NM 3,661,000t @ 2.13g't Au for 251,000 o7 (igt Aucut off &D RABIAC anomaly @ Maximum downhole Au Significant intercepts 1 gt Au Tune 07007 ] [Seuo 2007 °
Slide 13: Depletion - Millrose
DEPLETION AuDAX. MILLROSE ye Section 7082 650mN Figure 3 (EES “Transporied matarial }-Depletad Zona 1 Oxide (ZEA Chioritc Schist intarmediats Volcaniclastics Mylonised / Slicified Voleaniclastics Banded Iron Formation Feisic tulf and Sediments ‘upergene mineralisation Primary minaraiisation yunsria3
Slide 14: Millrose
NILLROSE
Slide 15: West Yandal
West Yancal Venu: otential feed or toll treatment option Dragon Pit Vulcan Prospect E36/404 West Yandal JV Untested Ni Sulphide Target on or close to preserved basal portion of Komatiitic channel Drill holes with intercepts of ~1gnt AU Drill holes - most assayed for Au only RTP-halfvd magnetic Image
Slide 16: Formations and Audax tenure
Yelm, Frote, stindiadla,Coiall Formations ‘Tsduns Formation oO AuDAX Tenure Calm Formation Judering Formation = Known Mines & Prospects Naryrmnia Proje ‘a a t
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Slide 19: Property Appraisals
Prooverty Avoralsals
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Slide 21: aii
aii aN
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Slide 24: New permit PEL, Cooper Basin
EBR new permit PEL 182 COOPER BASIN, S.A. COOPER BASIN eq PEL, A PELE SOUTH IRARIRC BELG ADEA PEL ed. 4
Slide 25: Stratigraphy
SPI usicapan Dormyanant WILLE a ies Z sais a > Cattarmucia Member & Petchawarra Formation
Slide 26: Depth structure base Eromanga Basin
Petraes - ts ower Depth Structure base Eromanga: Basin
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Slide 29: Patchawarra East Block time structure map
ERBASIN Narr. PATCHAWARRA EAST BLOCK 965 TIME STRUCTURE MAP
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Slide 31: PEL-182 SE Quadrant
PEL-182 SE QUADRANT Structural Leads from 2D Seismic Le
Slide 32: Net pay Pondrinie / Packsaddle
B29. 9%, Sw=28.7% EE 48m net pay 7 | @ : —— B=10% a -. 100 bef : Swe30% Pondrinie / Packsaddle
Slide 33: Gas net pay results
alten ne 6.9 bef 6.7m gas net pay iD BA S% 60 bef 0.5 mbbis 1.4 bef . 11.2m gas net pay B=B.5% Sw=11% 0.6 bef 29.5% Sw=32% 3.2 bef 2.5m net pay 22 bef 6.3m gas net pay, 3.2m gas net pay Gt AV Cate 1.5 bef 1.6-4.6m gas net pay B=9.7 Vy Sw=3e-24%
Slide 34: Gas net pay results
Arosael 6.4m gas net pay a 5-11 % i i 7 1.1m gas net pay j B29. 5% 0.9 bef —— _ 7% he S14 Dartert i - : Vee NS Sper 2.13m gas net pay : 1.5 bef we vant | >. B=9% 4.8m gas net pay B=10.5% Swe2t% ee 2.7m gas net pay Sw=36%
Slide 35: Keleary-1 oil shows
Keleary-1 13,000 bbis Oil shows Le BIB 3% | / Sw=37.7% | Yarragon-t 1580 bopd Acrasia-1 90,000 bbis ee Ng
Slide 36: PEL-182 Structural Leads
PEL-182 Structural Leads (Showing stacked reservoirs)
Slide 37: Coonatie gas field
Coonatie gas field
Slide 38: Rowan North lead
ee A ben 6 eae bes Rowan North (7 vy oe : _ poem Lead |
Slide 39: Leads near Coonatie gas field
pe 4 fie nie. orm Aneto ad Y jne 94 Je1.mi)g norm, amplitudes, Lead ] eCua Ss Coonatie gas fieid Saluki East Lead
Slide 40: Moolion structure and Rowan North
Eastern edge of Moolion structure Rowan North _ Coonatie lead gas field
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Slide 42: Oragbon Lead
Oragbon Lead
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Slide 44: Stratigraphic Traps, Cooper Basin
STRATIGRAPHIC TRAPS COOPER BASIN, SOUTH AUSTRALIA Petroleum Tanements — March 2004 ars o . \ | ! EE indicative Size ~ 6x6 km Less ~ 4x2.5 Eff Area ~ 26.0 Sqkm peaainees % ~10.2 SqMiles Be NetPay 10 20 30 Rec MMBO 26’ 52’ Value at $30 AUD $780MM $1.5B $2.3B Value at $50 AUD A 2 nena 3 ey
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Audax Resources — Shareholder Meeting (November 2004) on 6ix