Aureka Limited · ASX:AKA
Aureka — Navarre Minerals — Investor Presentation (October 2017)
22 slides from Aureka's investor presentation, October 2017
Slide 1: Investor Presentation
Investor Presentation Leading the re-emergence of Victoria’s Goldfields October 2017 Geoff McDermott, Managing Director 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: Navarre Minerals
Navarre Minerals Ltd ASX:NML Navarre Minerals Active, focused gold exploration company 80 million Discovery & development focus for large, ounce gold high grade gold projects in Victoria’s golden production triangle Two core projects – Irvine & Tandarra and a pipeline of exploration project as
Slide 4: Corporate
Navarre Minerals Ltd ASX:NML Corporate Capital Structure ▪ ASX Code: NML ▪ Fully paid shares on issue 222M - Unlisted Options 36.1M 52 week trading range 0.028 – 0.081 ▪ Share price range (12 months) 3c – 8c ▪ Market Cap (@ ~4.6c/share) $10M ▪ Debt $Nil NML:ASX ▪ Cash on hand (June 2017) $1.75M ▪ To
Slide 5: Board and Management
Navarre Minerals Ltd ASX:NML Board and Management Highly-experienced leadership team The entire Board & management team are Stawell Gold Mine veterans having worked for WMC, MPI or Leviathan Resources Kevin Wilson Chairman Geologist & investment banker with 30+ years experience: Rey Resources, Levia
Slide 6: Company Objectives
Navarre Minerals Ltd ASX:NML Company Objectives GOAL: Discover a million ounce gold deposit STRATEGY: Target gold mineralisation next to multi- million ounce gold mines by: ➢ Drill test the Irvine Gold Project for the next Stawell ➢ Drill the high-grade Tandarra Gold Project through farm-out partner
Slide 7: Navarre – high impact gold exploration dollars
Navarre Minerals Ltd ASX:NML Navarre – high impact gold exploration dollars Irvine Gold Project (100%) Stawell-style gold, recent discovery, grades up to 41.5 g/t gold* $1m spend to end 2017: 7,000m for approx. 100-120 holes on 6 gold prospects – drilling underway Planned Resource definition d
Slide 8: Irvine Gold Project
Navarre Minerals Ltd ASX:NML Irvine Gold Project Potential for a multi-million ounce gold deposit, 15kms south of Stawell Gold Mine (SGM) Q1 2017 discovery of Resolution Lode at Irvine Gold Project (Ararat) 40kms of prospective Stawell Gold Corridor rocks outcrop Two goldfields for combined 6
Slide 9: Irvine Gold Project: Finding the next Stawell
Navarre Minerals Ltd ASX:NML Irvine Gold Project Finding the next Stawell 15km alluvial gold footprint (1 Moz) Alluvial gold controlled by structures – basalt and adjacent faults Irvine basalt dome over 8km remains open to the south The location and shape of potential gold lodes are controll
Slide 10: Irvine Gold Project
Navarre Minerals Ltd ASX:NML Irvine Gold Project 4Q17 drill all six gold zones identified Resolution Lode: best drill results* Q4 2017 Drilling 18.7m @ 7.1 g/t Au (RD006) 4.0m @ 9.8 g/t Au (RD002) 2.9m @ 12.9 g/t Au (RD001) 6.0m @ 6.3 g/t Au (IAC018) 2.0m @ 41.5 g/t Au (IAC018) Gold discovered
Slide 11: Resolution Lode
Navarre Minerals Ltd ASX:NML Resolution Lode High-grade gold drill ‘hits’ from maiden drill program confirm Stawell-style discovery 11. For drill result details refer NML ASX releases 1 & 15 December 2016, 16 January 2017, 20 February 2017, 24 April 2017, 15 May 2017
Slide 12: Resolution Lode
Navarre Minerals Ltd ASX:NML Resolution Lode Longitudinal projection – room to grow 12. See NML ASX 28 July 2017
Slide 13: Tandarra Gold Project
Navarre Minerals Ltd ASX:NML Tandarra Gold Project Finding the next Bendigo Bendigo, Australia’s 2nd largest goldfield (22Moz) Tandarra gold discovery 40km north of Bendigo Goldfield under shallow cover High grade gold at less than 20m depth Open pit potential at Tomorrow prospect Large ar
Slide 14: Tandarra Gold Project
Navarre Minerals Ltd ASX:NML Tandarra Gold Project Tomorrow zone - High grade gold at less than 20m from surface 14. Diagrams courtesy of CYL’s ASX release, 26 July 2017
Slide 15: Indicative Activity Timeline & News flow
Navarre Minerals Ltd ASX:NML Indicative Activity Timeline & News flow 15.
Slide 16: Investment Case Summary
Navarre Minerals Ltd ASX:NML Investment Case Summary Two flagship gold projects next door to multi-million ounce gold mines Irvine Gold Project Drilling six gold zones in 4Q 2017 7,000m AC program underway High-grade gold up to 41.5 g/t from first drilling (see NML ASX release 1 Dec 2016) Di
Slide 17: Navarre Minerals Limited
Navarre Minerals Ltd ASX:NML Navarre Minerals Limited Navarre Minerals Limited 40-44 Wimmera Street Stawell VIC Australia 3380 Tel: 03 5358 8623 Website: www.navarre.com.au Email: [email protected] Historic mine workings, Irvine prospect
Slide 18: Addendum
Navarre Minerals Ltd ASX:NML Addendum Resolution Lode drill site RD001
Slide 19: Regional Setting – Gold Projects
Navarre Minerals Ltd ASX:NML Regional Setting – Gold Projects Stawell Gold Corridor 6 Moz Ararat & Stawell Goldfields Tandarra Gold Project Modified from: Skladzien, Cayley, McLean & Taylor 2016
Slide 20: Stawell Corridor: Historic gold production
Navarre Minerals Ltd ASX:NML Stawell Corridor: Historic gold production Approximately 6 million ounce historic gold production 160,000 6.0 Estimated Stawell Goldfield Production by Year Stawell Goldfield: Cumulative Gold ounces 140,000 5.0 Alluvial ounces 0.8 Moz 120,000 Reef ounces 4.4 Moz 4.0 La
Slide 21: Stawell: a multi-lode, million ounce gold deposit
Navarre Minerals Ltd ASX:NML Stawell: a multi-lode, million ounce gold deposit Multi-lode exploration model Underground mine with decline access (now on care & maintenance) +4Moz gold mined Mined grade: 4 – 6 g/t Au Deposit strike length: 2,500m Vertical mining extent: 1,640m Gold occurs
Slide 22: Resolution Lode
Navarre Minerals Ltd ASX:NML Resolution Lode Discovery of gold over 800m strike Resolution Lode – a new gold discovery: Shallow broad gold zones up to 30m wide from surface > 800m strike length, open north and at depth Deeper drill testing confirms continuity of gold mineralisation D’ D Be
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