Resolution Minerals Ltd. · ASX:RML
Resolution Minerals — PDAC 2020
24 slides from Resolution Minerals's conference presentation, Mar 2, 2020
Slide 1: Investor Presentation PDAC 2020
INVESTOR PRESENTATION PDAC 2020 2 March 2020 1
Slide 2: Corporate Snapshot
CORPORATE SNAPSHOT Len Dean Chairman Capital Structure 1 March 2020 Non-Executive; Metallurgist, experienced ASX Chairman, BHP Marketing Director Ordinary Shares (m) 205 Iron Ore and Group General Manager Minerals Marketing. MD of India’s largest listed Iron Ore Company. Over 45 years industry exper
Slide 3: Company Transformation (17 October 2019)
COMPANY TRANSFORMATION (17 October 2019) AGREEMENT TO EARN UP TO 80% OF THE 64NORTH PROJECT, ALASKA • Highly leveraged gold exploration investment opportunity, adjacent to the operating world class high grade Pogo Gold Mine, owned by Northern Star (ASX:NST) • The Company has executed a binding term
Slide 4: Project
64NORTH PROJECT 4
Slide 5: Tintina Gold Province – Goodpaster Gold District
T I N T I N A G O L D P R O V I N C E – G O O D PA S T E R G O L D D I S T R I C T Province Gold System • 100m+ oz Au Endowment • 80-102 Ma Age main mineralizing event Fairbanks Area Pogo Gold Mine 10M oz endowment Livengood • Owned by Northern Star, Pogo has produced Fa u lt Cleary Hill 12.5 Moz Br
Slide 6: 64North – Tenements & Prospects/Blocks
64NORTH – TENEMENTS & PROSPECTS/BLOCKS Large land position surrounding Pogo Gold Mine • 1,174 State mining claims • 660 km 2 Pogo Gold Mine Northern Star ASX:NST • 10 M oz gold endowment with exploration upside at the Pogo Gold Mine, with 4 new discoveries announced by ASX:NST • Production 300,000 o
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Slide 8: Northern Star's World Class Pogo Gold Mine
NORTHERN STAR’S WORLD CLASS POGO GOLD MINE Exploration history 1991: First modern exploration commences as a JV Sumitomo Metal Mining & Teck, following up historic pan concentrate anomalies from the early ‘80s 1995: The key gold bearing Liese Zone (L1) was intersected 2000: Over 77,000m of drilling
Slide 9: Pogo Style – Mine Mineralisation Model
POGO STYLE – MINE MINERALISATION MODEL Elevated gold/arsenic/bismuth anomaly Gold-bearing quartz veins Low Angle Veins (Liese 1-3, East Deep) Serpentinite, amphibolite • These veins contain the bulk of the ore at Pogo Graphitic schist • 5-20 m thick • Hosted in regional shear zone – compression with
Slide 10: 64North – Camp Scale Potential, Multiple Prospects
64NORTH – CAMP SCALE POTENTIAL, MULTIPLE PROSPECTS Camp Scale Potential: • Granitic Intrusions, age 80-102 Ma, main mineralizing engine room present throughout Tintina Province • 10 M oz gold endowment (Pogo) with exploration upside at the Pogo Gold Mine, with 4 new discoveries announced by ASX:NST
Slide 11: 64North – The Right Geology and Structures
64NORTH – THE RIGHT GEOLOGY AND STRUCTURES IRGS Intrusion Related Gold System • Intrusive granite (marked pink) and diorite rocks are present through out the district. These hot rocks drive the fluid flow allowing gold to move around and mineralisation to concentrate in structural or chemical traps.
Slide 12: 64North – West Pogo Block: Ticks All the Boxes
64NORTH – WEST POGO BLOCK: TICKS ALL THE BOXES The Right Ingredients þ Right Geology – Granitic Intrusions, age 80-102 Ma, main mineralizing engine room present throughout Tintina Gold Province þ Brown fields – next to Pogo Gold Mine þ Same rocks as Pogo Mine þ Large structures – potential fluid pat
Slide 13: 64North – West Pogo Block: Ticks All the Boxes
64NORTH – WEST POGO BLOCK: TICKS ALL THE BOXES The Right Ingredients þ Right Geology – Granitic Intrusions, age 80-102 Ma, main mineralizing engine room present throughout Tintina Gold Province þ Brown fields – next to Pogo Gold Mine þ Same rocks as Pogo Mine þ Large structures – potential fluid pat
Slide 14: 64North – West Pogo Block: Aurora, Echo Targets
64NORTH – WEST POGO BLOCK: AURORA, ECHO TARGETS The Right Ingredients þ Right Geology – Granitic Intrusions, age 80-102 Ma, main mineralizing engine room present throughout Tintina Gold Province þ Brown fields – next to Pogo Gold Mine þ Same rocks as Pogo Mine þ Large structures – potential fluid pa
Slide 15: Line 6 CSAMT - Drill Targeting, Aurora & Echo Targets
LINE 6 CSAMT - DRILL TARGETING, AURORA & ECHO TARGETS Target geological unit interpretation using CSAMT and reference to Pogo Mine site use of same system and published data. Drill collar plan with enhanced resistivity colour stretch to assist with target definition 15
Slide 16: 64North – West Pogo Block: Aurora Targets
64NORTH – WEST POGO BLOCK: AURORA TARGETS The Right Ingredients þ Right Geology – Granitic Intrusions, age 80-102 Ma, main mineralizing engine room present throughout Tintina Gold Province þ Brown fields – next to Pogo Gold Mine þ Same rocks as Pogo Mine þ Large structures – potential fluid pathways
Slide 17: 64North Project – Operations Plan Year One
6 4 N O R T H P R O J E C T- O P E R AT I O N S P L A N Y E A R O N E Drilling programs commencing from Q1, 2020 • Aurora Targets first program: four or five (4-5) holes for ~2,000m EARLY MARCH • Aurora Targets second program: four (4) holes for 1,800m • Echo Targets first program: four (4) holes fo
Slide 18: Eagle Block – E1 Prospect
EAGLE BLOCK – E1 PROSPECT The E1 Prospect is not a Pogo-style mineralisation. It is interpreted to be intrusion hosted IRGS system. Potential for large scale intrusion hosted IRGS system more typical of Alaska than Pogo Style Previous work identified significant intervals of • 0.27m @ 14g/t Au from
Slide 19: 64North Project Agreement
64NORTH PROJECT AGREEMENT SUMMARY OF EARN-IN AGREEMENT WITH MILLROCK RESOURCES (TSXV: MRO) RML Shares RML Expenditure Cash US$ ‘000 Stage % Earn in RML to MRO US$ (million) to MRO (million) Commence - - - 5 Drilling Target 7,500m Drilling (Diamond Core) 5 Year 1 $5 30% $50 10 Year 2 $5 42% $50 10 Ye
Slide 20: Summary of Other Projects
SUMMARY OF OTHER PROJECTS 20
Slide 21: The Wollogorang Copper-Cobalt Project (Australia)
THE WOLLOGORANG COPPER-COBALT PROJECT (AUSTRALIA) • Stanton Cobalt Deposit Total Mineral Resource Estimate • 942,000t @ 0.13% Co, 0.06% Ni and 0.12% Cu • Significant IP anomalies defined under both Running Creek and Gregjo Prospects potential for Cu-Co with copper and cobalt mineralisation in shallo
Slide 22: The Snettisham Project (Alaska)
THE SNETTISHAM PROJECT (ALASKA) V-Ti-Fe, Au; Juneau, Alaska. 3D magnetic geophysics inversion model and rock chips has identified a conceptual target of highly ferrous (Fe) near surface vanadium bearing titaniferous magnetite body interpreted to be 2.5km long, 600m wide and attest 2km deep. Drill re
Slide 23: Disclaimer, JORC Information & Competent Persons Statement
DISCLAIMER, JORC INFORMATION & COMPETENT PERSONS STATEMENT This presentation has been prepared by Resolution Minerals Ltd (Resolution). This document contains background forward-looking statements in this presentation or any changes in events, conditions, or circumstances on which any information ab
Slide 24: Contact
CONTACT Authorised for release Duncan Chessell Managing Director Resolution Minerals Ltd ASX:RML +61 414 804 055 [email protected] Ground Floor 28 Greenhill Road Wayville SA 5034, AUSTRALIA www.resolutionminerals.com 24