Auravelle Metals Limited · ASX:AUV
Auravelle Metals — Sipa Resources — 121 Cape Town Conference 2020
17 slides from Auravelle Metals's conference presentation, Feb 3, 2020
Slide 1: 121 Cape Town Presentation ASX cover letter
3 February 2020 ASX Limited Level 40 Central Park 152 – 158 St Gorges Terrace PERTH WA 6000 Re: 121 Cape Town Presentation Please find attached a presentation which will be presented at the 121 Cape Town Conference by Pip Darvall, Managing Director. Yours sincerely, Tara Robson Company Secretary Aut
Slide 2: Sipa Resources Limited - Cape Town 121
Sipa Resources Limited Cape Town 121 3 February 2020 1
Slide 3: Disclaimer
DISCLAIMER This presentation has been prepared by Sipa Resources Limited (Sipa). Summary of information: This presentation contains general and background information about Sipa’s activities current as at the date of the presentation and should not be considered to be comprehensive or to comprise al
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT Capital Structure (29/1/2020) Shareholders Shares 142M Rodiv NSW P/L Pension Fund 17.6% Unlisted Options 4.4M JM Financial 5.7% Share Price A$0.071 Moggs Creek Pty Ltd 2.6% Market Cap A$10.1M Directors & Management 0.9% Cash (31/12/19) A$2M Top 20 40.5% $0.11 Sipa Resources Limite
Slide 5: Strategy
STRATEGY Enduring greenfields mineral explorer • Listed on ASX in 1987 • Consistent generator of high-quality projects with the potential to become ‘Tier 1’ deposits • Project pipeline rapidly rebuilt over last 12 months and constantly under review Track record of discovery and attracting high quali
Slide 6: Investment Opportunity
INVESTMENT OPPORTUNITY Leverage to exploration success • Multiple projects, multiple discovery opportunities • Prospect generator model reduces risk compared with single project approach • Low enterprise value Long term competitive advantage • Inhouse capability grows with every new project, team ex
Slide 7: Key Assets Are Sipa Discoveries
KEY ASSETS ARE SIPA DISCOVERIES Uganda Ni-Cu Paterson North Cu-Au 3
Slide 8: Uganda
Uganda • 100km long, belt scale land holding with multiple prospective intrusions • Ni-Cu discovery at Akelikongo continues to grow with similarities to major global deposits • ~A$16M spent to date on exploration, built considerable in- country capability • Rare, high value prize warrants ongoing wo
Slide 9: 2019 Regional Exploration
2019 Regional Exploration • Ground gravity survey over five areas, identified new intrusives • Rock chip sampling and mapping, and infill soil sampling, has refined the extents of known intrusives • Thirteen diamond drill holes for 5400m completed at three key prospects • Fertile ultramafic intrusiv
Slide 10: 2019 Akelikongo Drilling
2019 Akelikongo Drilling • 8 new diamond holes testing gravity & AMT targets • 5 intersected sulphide mineralisation • Main body open down plunge with massive sulphides within broad disseminated halo 9
Slide 11: Community Development Program
Community Development Program Water bore repairs Days for Girls 49 schools, 4200 kits 50km 10
Slide 12: Paterson North
Paterson North • Extensive land-holding acquired Admiral Bay before recent pegging rush • 10km from Rio’s Winu discovery SANDFIRE • Sipa’s Obelisk Cu-Au prospect is PARDOO geologically similar to Winu ARANEA OBELISK • SkyTEM, surface geochemistry Yarrie Winu Calibre Magnum and EIS co-funded drilling
Slide 13: Obelisk Copper Footprint doubled
Obelisk Copper Footprint doubled DORADO PNA123 4m@747ppm Cu including 1m @ 0.18% Cu Abandoned Weak Cu Abandoned increasing EOH OBELISK NE PNA117 [email protected]% Cu EOH 2019 drill holes 2018 drill holes Drill holes with pegmatite >250ppm Copper average >250ppm Copper average in Proterozoic bedrock in Prote
Slide 14: New mineralised areas identified
New mineralised areas identified • Obelisk NE has strong sulphide rich zone open at EOH plus gold anomalism • Dorado copper anomalism under copper in soil anomaly and EM • Donut has strong EM/mag/gravity feature with anomalous copper but only tested by one hole 13
Slide 15: Project Pipeline
PROJECT PIPELINE Project generation ongoing in Australian frontier mineral provinces. Building a pipeline of large-scale gold and base metals opportunities, with several 100% owned new projects secured in the past year WOLFE BASIN (Cu, Pb, Zn) Neoproterozoic carbonate hosted base metals plus Ni, Au
Slide 16: 2020 goals
2020 Continue to add value via Sipa or third party funded activity at key assets in Uganda and Paterson North, and choose low cost pathways to test concepts and divest, or add value to recently generated projects. Specific goals contingent on funding: • Uganda complete DHEM, additional gravity and p
Slide 17: Thank you
Thank you Leverage to exploration success • Multiple projects, multiple discovery opportunities • Prospect generator model reduces risk compared with single project approach • Low enterprise value Long term competitive advantage • Small, nimble and ‘first mover’ mindset • Large landholdings in key d