Nexus Minerals Ltd. · ASX:NXM
Nexus Minerals — Hemisphere Resources — Shareholder Meeting (November 2010)
28 slides from Nexus Minerals's shareholder meeting presentation, November 2010
Slide 1: Hemisphere Resources Limited AGM Presentation November 2010
HEMISPHERE RESOURCES LIMITED AGM Presentation November 2010 www.hemisphereresources.com ASX:HEM
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement ● The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation is not investment or
Slide 3: Corporate
Corporate Shares 70 million Mr Paul Boyatzis– Chairman Over 25 years experience in the investment and equity Options nil markets. Founding Chairman of Hemisphere Treasury Mr Danny Costick – Managing Director $11.9 (30 September Mining engineer with over 25 years operational million 2010) experience,
Slide 4: Projects
Projects Yandicoogina South Hancock Range (iron) (iron) 6km south of 16km NE of Yandicoogina Mine BHPB Mining Area C Sandstone WESTERN (uranium and base metals) Lakeside AUSTRALIA centred around (iron and base metals) Sandstone 60km NW of Mt Magnet Mulgarrie (nickel) 75km NNE of Kalgoorlie-Boulder A
Slide 5: Pilbara Iron Projects
Pilbara Iron Projects ● Located in the heart of the Pilbara Iron Province ● World class Rio Tinto, BHP, Hancock and FMG mines surround projects ● High grades returned from drilling to date ● Defining Premium Quality Channel Iron Deposits (DSO CID) and Targeting Bedded Iron Deposits (DSO Hematite) AS
Slide 6: Surrounded by Major Iron Ore Mines
Surrounded by Major Iron Ore Mines ASX Code: HEM
Slide 7: Location Relative to Major Operations
Location Relative to Major Operations ● World class iron ore mines ● Several third party rail lines nearby ● Direct shipping ore targeted ● Google Earth Image ASX Code: HEM
Slide 8: Yandicoogina South Iron Project
Yandicoogina South Iron Project ● Borders Australia’s largest iron ore mine (Rio Tinto) ● Native Title Agreement reached ● Site Access Agreement reached ● Drilling programs returned high grade iron results close to surface ● Maiden Resource being modelled ● Metallurgical testing commenced ● Google E
Slide 9: CID thickness contours
CID thickness contours Open Open . High Grade Intersections including: 16m @ 58% Fe from surface 10m @ 60% Fe from 7m ASX Code: HEM
Slide 10: Metallurgical Test Work
Metallurgical Test Work Diamond Core being analysed to determine • Lump/fines ratio • Upgrading characteristics • Crushing data • Moisture data ASX Code: HEM
Slide 11: Selected CID Drill Intersections (55% C/O)
Selected CID Drill Intersections (55% C/O) Drill Easting Northing Colllar Hole From To Interval Fe SiO2 Al2O3 P LOI Hole GDA94 GDA94 RL length (m) (m) (m) % (%) (%) (%) (950)% YSRC001 726296 7475447 531.09 29 1 17 16 58.2 5.1 3.0 0.06 7.7 YSRC003 726499 7475500 530.94 38 7 15 8 56.3 7.1 3.2 0.06 8.3
Slide 12: Hancock Range Iron Project
Hancock Range Iron Project ● 15km north west of BHPB MAC and 5km north of Hope Downs ● Native Title E47/2110 Agreement reached ● Tenement granted ASX Code: HEM
Slide 13: Hancock Range Geology
Hancock Range Geology ● Brockman Iron Formation Confirmed (typically 350m thick) ● Dolerite Dyke interpreted as similar to Hope Downs ● Joffre Member identified ASX Code: HEM
Slide 14: Enriched Joffre
Enriched Joffre ● Surface enrichment on structure ● BIF denatured and ferruginised ● Target is microplaty Hematite ASX Code: HEM
Slide 15: Drill program prepared
Drill program prepared ● Site access route defined ● Drill targets laid out ● Heritage Survey completed ● PoW received ● Drilling to commence this year ASX Code: HEM .
Slide 16: Lakeside Project
Lakeside Project ● Iron outcropping with grades up to 59.8% Fe ● Base metals potential and coarse grained magnetite ● Strong magnetic signature ● 40 km east of proposed Oakajee railway ASX Code: HEM
Slide 17: Strong Exploration Potential
Strong Exploration Potential Geology Magnetics ASX Code: HEM
Slide 18: High Grade Iron
High Grade Iron ● Western side of range has the highest grades to date 57.0 % Fe ● 57.0 % Fe LKGS009 6.57% SiO2 1.16% Al2O3 58.0 % Fe 0.032% P ● 58.0 % Fe LKGS003 8.69% SiO2 0.4% Al2O3 0.008% P ● 59.8 % Fe LKGS001 5.5% SiO2 1.4% Al2O3 59.8 % Fe 0.07% P ASX Code: HEM
Slide 19: Hemisphere Uranium Projects
Hemisphere Uranium Projects ● Uranium Deposit Types ● Hematite Breccia Deposits (e.g. Olympic Dam) ● Unconformity (Vein) Deposits (e.g. Jabiluka, Ranger) ● Sandstone (Roll-Front) Deposits (e.g. Beverley, Four Mile) ● Surficial (Calcrete-Carnotite) Deposits (e.g. Yeelirrie, Lake Maitland, Centipede)
Slide 20: Sandstone Project
Sandstone Project ● Favourable Yeelirrie geology ● Well defined catchments confirmed ● Radiometrics support uranium Hemisphere ● Uranium Lake Noondie tenements anomalies demonstrated Prospective for Calcrete (Carnotite) Type Uranium Deposits ASX Code: HEM
Slide 21: Lake Noondie – Tenements over Radiometrics
Lake Noondie –Tenements over Radiometrics ASX Code: HEM
Slide 22: MMI Results
MMI Results Each red dot=4ha Over 400ha with soil MMI U>750ppb . ASX Code: HEM
Slide 23: ASX Code: HEM
6860000 40000 6859000 30000 20000 6858000 10000 6857000 0 6856000 MMI KUV 6855000 . Hemisphere Resources E57/781 6854000 755000 756000 757000 758000 759000 760000 ASX Code: HEM
Slide 24: Lake Maitland Area
Lake Maitland Area ● Prospective for Calcrete (Carnotite) Type Uranium Deposits Lake Maitland Deposit (Mega Uranium) ELA 37/1065 100% Hemisphere ELA 37/1065 Lake Maitland 100% Hemisphere ● Lake Maitland Project ● Within 10km of Mega Uranium Lake Maitland ● Favourable geology ● Well defined catchment
Slide 25: Radiometric Image
Radiometric Image Lake Maitland Deposit ELA37/1065 ASX Code: HEM
Slide 26: Gardner Range Area
Gardner Range Area Don Uranium Project (Manhattan, Northern Uranium and Areva) up to 1.5% U + Au + REE E80/4300 100% Hemisphere Rock Chips to 260ppm U ELA 80/4403 100% Hemisphere Coyote Gold Mine ELA 80/4402 100% Hemisphere E80/4299 100% Hemisphere Prospective for Unconformity Type Uranium Deposits
Slide 27: Summary
Summary ● Strong projects ● Exploration continuing ● Yandicoogina South resource being prepared ● Preparing to drill Hancock Range ● 70 million shares on issue ● Well funded ● 61% of Aruma Resources ASX Code: HEM
Slide 28: Hemisphere Resources Limited
HEMISPHERE RESOURCES LIMITED www.hemisphereresources.com 24 Colin St West Perth 6005 PO Box 2803 West Perth 6872 P +61 8 94811749 F +61 8 94811756
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