Aureka Limited · ASX:AKA

Aureka — Navarre Minerals — Broken Hill Symposium 2014

17 slides from Aureka's conference presentation, May 26, 2014

  1. Slide 1: Hunting Big Copper

    HUNTING BIG COPPER The search for porphyry copper – gold deposits in Victoria Navarre Investor Presentation 26 May 2014 ASX: NML

  2. Slide 2: Forward-Looking Statement & Disclaimer

    Forward-Looking Statement & Disclaimer The information contained in this presentation is 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 affiliates or r

  3. Slide 3: Navarre Minerals Limited

    Navarre Minerals Limited We are a copper & gold exploration company targeting early to advanced stage projects We aim to discover Victoria’s first major porphyry copper & gold deposit  2,320km² landholding in western & central Victoria  Flagship Western Victoria Copper Project – four porphyry-Cu p

  4. Slide 4: Corporate Overview - Tightly held capital structure

    Corporate Overview - Tightly held capital structure  ASX CODE: NML Major Shareholders Crocodile Gold Corp 15%  64.24m Ordinary Shares on Issue Board & management 22% John Darroch & family 5%  Market Capitalisation: Approx. A$4.75m* Lujeta Pty Ltd 3% *based on $0.074 share price 3

  5. Slide 5: Board and Management – highly experienced leadership team

    Board and Management – highly experienced leadership team Kevin Wilson Chairman Geologist & investment banker with 30+ years’ experience Geoff McDermott Managing Director Geologist with 28 years of international experience John Dorward Non-Exec Director 18 years of mining & finance industry experien

  6. Slide 6: Miga Arc

    Miga Arc Victoria’s emerging copper – gold porphyry province  Similar to Andes, largest known copper porphyry mines, but at an early stage of exploration  Comparable to Macquarie Arc (Cadia Valley & North Parkes mines)  Volcanic arcs host large deposits - porphyry copper, epithermal base metal &

  7. Slide 7: The Emergence of Victorian Copper

    The Emergence of Victorian Copper Eclipse prospect 6

  8. Slide 8: Western Victoria Copper Project

    Western Victoria Copper Project  Total area 1,278km²  100% owned  130kms of volcanics with no deep drill holes  Four confirmed porphyry prospects:  Eclipse  Lexington  Pollockdale  Glenlyle  Close to established infrastructure 7

  9. Slide 9: Eclipse Prospect

    Eclipse Prospect Advancing towards a porphyry Cu-Au discovery  3 large targets: 2 undrilled; no deep drilling  Shallow drilling of IP Target 1: Discovery of enriched copper (chalcocite) 30m below surface Discovery of broad gold zone containing high grades up to 5.6g/t Au Shallow gold & copper p

  10. Slide 10: Eclipse Prospect – potential ore grade shallow drill results

    Eclipse Prospect – potential ore grade shallow drill results* IP survey detects deeper copper & gold target  32m @ 0.5% Cu & 0.5g/t Au from 28m  9m @ 0.4% Cu & 0.8g/t Au from 28m  10m @ 0.3% Cu & 0.7g/t Au from 30m  5m @ 1.8% Cu within 23m @ 0.7% Cu from 30m IP Target 1 9 * See NML ASX release 2

  11. Slide 11: Eclipse – compelling exploration potential

    Eclipse – compelling exploration potential Testing a major porphyry copper-gold target for the first time  Three large targets – only IP Target 1 superficially tested to date  Shallow drilling shows match of high-chargeability with shallow Cu-Au sulphide zone  Secondary chalcocite (enriched coppe

  12. Slide 12: Lexington Prospect

    Lexington Prospect next cab off the rank!  Porphyry confirmed by previous drilling:  Porphyry- style alteration  Copper up to 0.6%*  Molybdenum up to 800ppm*  500m x 700m chalcocite blanket with minor native copper only limited by drill testing  under-drilled & under- explored 11 * Source: ope

  13. Slide 13: Lexington Prospect - Positive signs for a discovery

    Lexington Prospect - Positive signs for a discovery  Highly anomalous  Sulphide in surface rocks geochemistry & quartz veining Chalcocite blanket  Granodiorite porphyry core  Tectonic quartz veining Lexington magnetic image 12

  14. Slide 14: 2014 Proposed Exploration Program

    2014 Proposed Exploration Program Testing a major porphyry copper-gold target for the first time Eclipse Prospect:  3,000m RC drill program, June 2014  Diamond drill design & permitting, Q4 2014 Lexington Prospect:  Surface geochemical surveys  Geophysics surveys – magnetics & IP  Air-core dril

  15. Slide 15: Pipeline of Projects

    Pipeline of Projects Bendigo North Gold Project  Farm-out to Catalyst Metals Limited  51% interest by spending $3M over 4 years  Final agreement due late May 2014 Landsborough Fault Gold Project  Potential satellite deposits to Stawell Mine  2012 drilling at Kingston intersected 16.9m @ 5.5g/t

  16. Slide 16: Summary

    Summary Western Victoria Copper Project is an exceptional opportunity  Emerging under-explored Cu-Au porphyry province with giant deposit potential  Similar to Macquarie Arc’s Cadia Valley & North Parkes region at early-stage exploration  Independent studies suggest proximity to porphyry Cu-Au at

  17. Slide 17: Navarre Minerals Limited Thank You

    Navarre Minerals Limited Thank You Contact Us: Navarre Minerals Limited Geoff McDermott 40-44 Wimmera Street Stawell VIC Australia 3380 Tel: 03 5358 8625 Website: www.navarre.com.au Email: [email protected] 16

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