Prodigy Gold Nl · ASX:PRX
Prodigy Gold Nl — ABM Resources NL — Mining the Territory 2016
17 slides from Prodigy Gold Nl's conference presentation, Sep 15, 2016
Slide 1: ASX Announcement: Presentation
ASX ANNOUNCEMENT / MEDIA RELEASE ASX:ABU 15 September 2016 Presentation ABM Resources NL is pleased to provide a copy of a presentation by Chairman Tommy McKeith, which will take place at 11:10AM in Darwin at the Mining the Territory conference in the Darwin Convention Centre. Kind regards Jutta Zim
Slide 2: Tanami Region: Unlocking the Discovery Potential
Tanami Region Unlocking the Discovery Potential Mining in the Territory 15 September 2016 Tommy McKeith Chairman Mining in the Territory 15 September 2016
Slide 3: Disclaimer and competent persons statement
Disclaimer and competent persons statement DISCLAIMER This presentation has been prepared by ABM Resources NL (“ABM” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation
Slide 4: Global gold exploration expenditure and discovery is declining
Global gold exploration expenditure and discovery is declining Mozeq of Gold June 2015 US$ Billion Expenditures Discoveries Note: Primary gold discoveries only, adjusted for Cu, Ag and Other by-product credits Source: MinEx Consulting © October 2015 Data from 2005 onwards have been adjusted for unre
Slide 5: Top gold producers have cut exploration
Top gold producers have cut exploration Source: “Can the Gold Industry Avoid the Sins of the Past” by Nick Holland CEO Gold Fields 22 August 2016 Mining in the Territory 15 September 2016
Slide 6: Reserves are declining rapidly - return to greenfields investment
Reserves are declining rapidly - return to greenfields investment Source: “Can the Gold Industry Avoid the Sins of the Past” by Nick Holland CEO Gold Fields 22 August 2916 • Aggressive acquisition of in-production ounces to fill the looming production shortfall – Fewer quality opportunities availabl
Slide 7: Unlocking the discovery potential
Unlocking the discovery potential ABM is well positioned with a clear strategy to unlock the discovery potential • Large contiguous tenure over under-explored gold district – Over 12,500km2 of granted tenure – Over 24,000km2 application tenure – Located in belts containing major gold deposits e.g. C
Slide 8: Focus exploration on Suplejack and Tanami tenements
Focus exploration on Suplejack and Tanami tenements Project Area Suplejack Tanami North Arunta Bonanza IGO Lake Mackay JV Mining in the Territory 15 September 2016
Slide 9: Suplejack project: an emerging camp-scale target
Suplejack project: an emerging camp-scale target • Over 60 km north trending structural trend – Comprising mafics and interbedded sediments – Significant gold anomalism located at cross-cutting structures – 1.6 Moz Groundrush deposit immediately to the south • Historic data has highlighted numerous
Slide 10: Suplejack project: Hyperion drilling
Suplejack project: Hyperion drilling Mining in the Territory 15 September 2016
Slide 11: Suplejack project: extending mineralisation for over 1.3 km
Suplejack project: extending mineralistion for over 1.3 km • Significant mineralisation over 1.3 km strike drilled to an average depth of 80 m below surface – Defined three additional economic grade shoots to the east of Hyperion – Wide intercepts within strong alteration halo (haematite, epidote-ch
Slide 12: Suplejack project: good grade and widths
Suplejack project: good grade and widths Cross section A-B Mining in the Territory 15 September 2016
Slide 13: Suplejack project: good grade and widths
Suplejack project: good grade and widths Cross section C-D Mining in the Territory 15 September 2016
Slide 14: Lake Mackay project: gold and base metal exploration
Lake Mackay project: gold and base metal exploration • Independence Group NL are exploring the Lake Mackay project – Independence to fund $6 million by May 2020 to earn 70% • Completed extensive multi-element soil sampling program • Ground electromagnetic survey and initial drilling at Bumblebee ide
Slide 15: Tanami project: contains the key ingredients
Tanami project: contains the key ingredients • Major deposits within the region – Callie – Central Tanami / Groundrush • ABM has significant historic datasets including – Airborne geophysics – Surface geochemistry – Shallow drilling • ABM tenure contains similar ingredients to the key deposits in th
Slide 16: Corporate Overview
Corporate Overview Capital Structure Board of Directors Appointed Shares on Issue (m) 373.6 Tommy McKeith Non-Executive Chairman 27/06/16 To Commence Available Cash (A$m)1 10.1 Matt Briggs Managing Director 3/10/16 Appointed Market Cap (A$m)2 30.4 Susie Corlett Non-Executive Director 8/3/16 Appointe
Slide 17: Creating value by unlocking the discovery potential
Creating value by unlocking the discovery potential • Dominant tenement package in the under-explored Tanami district • A team with experience in the Tanami and a demonstrated track record of discovery • Focused exploration strategy – Suplejack extend and delineate mineralisation – Tanami systematic