Aureka Limited · ASX:AKA
Aureka — Navarre Minerals — Investor Presentation (March 2019)
19 slides from Aureka's investor presentation, Mar 28, 2019
Slide 1: Victoria's Gold Renaissance
Navarre Minerals Limited Victoria’s Gold Renaissance 28 March 2019 ASX: NML
Slide 2: Forward-looking Statement & Disclaimer
Navarre Minerals Ltd ASX:NML Forward-looking Statement & Disclaimer This presentation has been prepared by Navarre Minerals Limited (Navarre or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summ
Slide 3: Key player in Victorian gold renaissance
Navarre Minerals Ltd ASX:NML Key player in Victorian gold renaissance ❑ Key player in Victorian gold renaissance ❑ Two flagship gold discoveries: ➢ Irvine – “Stawell-style” gold ➢ Tandarra – “Fosterville-style” gold ❑ Three early-stage discoveries: ➢ Langi Logan - “Stawell-style” gold ➢ St Arnaud –
Slide 4: Corporate Overview
Corporate Overview CAPITAL STRUCTURE SHARE PRICE & VOLUMES $0.14 10,000,000 Shares on issue 355.0 million $0.12 8,000,000 $0.10 Share price $0.085 per share $0.08 6,000,000 $0.06 4,000,000 Market capitalisation $30.2 million $0.04 2,000,000 Cash (31 Dec 2018) $2.6 million $0.02 $- - BOARD OF DIRECTO
Slide 5: Targeting Victoria's next major gold deposits
Navarre Minerals Ltd ASX:NML Targeting Victoria’s next major gold deposits GOAL ➢ Demonstrate a multi-million ounce gold inventory by advancing recent gold discoveries ACTIONS: Targeting Big Gold near multi-million ounce gold systems: ➢ Drill Stawell Gold Corridor for next Stawell - >5Moz ➢ Drill Ta
Slide 6: Victoria's Goldfields are in Focus
Navarre Minerals Ltd ASX:NML Victoria’s Goldfields are in Focus ❑ Kirkland Lakes’ exceptional high-grade Swan discovery at the Fosterville Gold Mine has delivered renewed focus on the Victorian goldfields: ✓ Reserve upgrade in Q1 2019 to 2.7Moz @ 31 g/t Au ✓ Fosterville production guidance of 550,00
Slide 7: Stawell Gold Corridor
Navarre Minerals Ltd ASX:NML Stawell Gold Corridor Best placed to deliver a potential near-term multi-million ounce gold deposit ❑ Proven gold camp - 6Moz gold mined from Stawell & Ararat goldfields from 40km strike of “Corridor” ❑ Dominated by Stawell’s +4Moz Magdala Gold Deposit ❑ Navarre (100%) o
Slide 8: Stawell Gold Corridor Exploration Model
Navarre Minerals Ltd ASX:NML Stawell Gold Corridor Exploration Model Stawell Gold Mine: multiple lodes on a basalt dome Projected 2.5 km Strike ❑ Underground gold mine 900m Surface Footprint ❑ +4Moz gold production ❑ Mined grade: 4 – 6 g/t Au 1.6 km ❑ Multiple ore “shoots” on flanks of basalt dome ❑
Slide 9: Irvine Gold Project
Navarre Minerals Ltd ASX:NML Irvine Gold Project ❑ Resolution Lode: 1.6km surface footprint:* 6.0m @ 6.3 g/t Au (IAC018) – ‘Discovery hole’ 18.7m @ 7.1 g/t Au (RD006) 4.0m @ 9.8 g/t Au (RD002) 2.9m @ 12.9 g/t Au (RD001) 2.0m @ 41.5 g/t Au (IAC018) ❑ Adventure Lode: 1.3km surface footprint:* 6.0m @ 5
Slide 10: Resolution Lode
Navarre Minerals Ltd ASX:NML Resolution Lode Longitudinal projection – room to grow (refer to NML ASX release 25/7/2018) 10.
Slide 11: Adventure Lode
Navarre Minerals Ltd ASX:NML Adventure Lode Longitudinal projection – gold shoots similar to Stawell Gold Mine See NML ASX release 29 January 2019 11.
Slide 12: Langi Logan Gold Project
Navarre Minerals Ltd ASX:NML Langi Logan Gold Project New Stawell-style gold discovery 12. See NML ASX releases 30 January 2019 & 12 February 2019
Slide 13: Tandarra Gold Project
Navarre Minerals Ltd ASX:NML Tandarra Gold Project Finding the next Bendigo / Fosterville ❑ Victoria’s largest gold camp – 31Mozs & counting ❑ Tandarra / Four Eagles – similar gold footprint to Kirkland Lake’s Fosterville Gold Mine & Bendigo Goldfield ❑ High-grade gold under cover starting from 20m
Slide 14: Tandarra Gold Project
Navarre Minerals Ltd ASX:NML Tandarra Gold Project Advancing Tandarra in partnership with CYL (49% NML) Recent drill intercepts: ❑ 21m @ 6.5 g/t Au from 27m, incl. 3m @ 33.3 g/t Au (RCT177) ❑ 10m @ 14.0 g/t Au from 47m (RCT172) ❑ 17m @ 7.1 g/t Au from 30m (RCT173) 14. (refer to CYL ASX release 27/4/
Slide 15: Project Pipeline
Navarre Minerals Ltd ASX:NML Project Pipeline ST ARNAUD – Fosterville analogue • Drilling confirms goldfield extends under cover to north • Strong gold and silver in first drilling: ➢ 4m @ 6.6 g/t Au from 48m* ➢ 1m @ 67.4 g/t Ag from 50m* ➢ 6m @ 2.5 g/t Au from 80m* (*refer to NML ASX releases of 30
Slide 16: Investment Case
Investment Case ❑ Strong focus on Victorian goldfields ❑ Significant exploration activity to drive Company growth: ❑ Multiple drilling programs - Tandarra, Stawell Gold Corridor & Glenlyle ❑ Strong project pipeline ❑ Track record of delivering new mineral discoveries – 3 in 2018 ❑ Strategic partners
Slide 17: For more information contact
Navarre Minerals Ltd ASX:NML Navarre Minerals Limited For more information contact Navarre Minerals Limited 40-44 Wimmera Street Stawell VIC Australia 3380 Tel: +61 3 5358 8625 Website: www.navarre.com.au Email: [email protected] 17.
Slide 18: Appendix: Glenlyle Gold - Silver Project
Navarre Minerals Ltd ASX:NML Appendix: Glenlyle Gold - Silver Project Epithermal-style discovery in Stavely Arc ❑ Epithermal-style gold-silver discovery in Stavely Arc, western Victoria ❑ Multiple gold + base metals veins in broad (>150m wide) silver zone ❑ Drill holes end in mineralisation below an
Slide 19: Appendix: St Arnaud Gold Project
Navarre Minerals Ltd ASX:NML Appendix: St Arnaud Gold Project Searching for Fosterville-style gold mineralisation ❑ Navarre’s maiden drilling confirms: ✓ extension of historic goldfield north under shallow Murray Basin cover ✓ Mineralised x-cutting quartz veins similar in geometry to Fosterville’s “
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