AI assistant
DGR GLOBAL LIMITED — Investor Presentation 2007
Oct 24, 2007
64771_rns_2007-10-24_1b60c3a7-5691-4847-9899-f33b188e3e45.pdf
Investor Presentation
Open in viewerOpens in your device viewer
ACN 052 354 837
==> picture [222 x 59] intentionally omitted <==
==> picture [232 x 33] intentionally omitted <==
ASX ANNOUNCEMENT
25 October 2007
Australian Nickel Conference
The attached presentation will be made today, at the Australian Nickel Conference, by Ian Levy, Chief Executive Officer of AusNiCo Pty Ltd.
On behalf of the Board D P Cornish Company Secretary
==> picture [585 x 45] intentionally omitted <==
The Business of New Nickel Discovery
Australian Nickel Conference Perth 24 October 2007
Ian Levy, CEO
ASX : DGR
Contact
Ian Levy CEO Nick Mather MD Duncan Cornish
AusNiCo D’Aguilar Gold Secretary
0407 189 122 0417 880 448 07 3303 0680
Stuart Crow
Ballyhoo Marketing & Communications
0414 449 442
www.daguilar.com.au ASX : DGR
We make resource companies
-
Define project strategy
-
Identify & secure asset in a subsidiary
-
Raise seed capital – in the subsidiary
-
Prove the model
-
Engage management
-
IPO and list subsidiary (spin-off)
ASX : DGR
We make resource companies
ASX : DGR
Next 6 months liberating value in DGR
ASX : DGR
Defined Strategy :
-
Big projects - +200kms
-
Hidden value:
New geological models New metallurgy New project economics
-
Right Commodity – Nickel
-
Right “Exploration Environment”
ASX : DGR
Northern Concealed Greenstone Identified Second
Ridleys & Mt Cobalt Identified First
OLD GEOLOGY DID NOT FIT
Mt Cobalt mine thought to be old Cobalt wad
Ridleys at Blacksnake thought to be an “UNUSUAL LATERITE”
Greenstones ignored since 1970s
ASX : DGR
We discovered Ni sulphides in the host serpentinites
==> picture [376 x 253] intentionally omitted <==
----- Start of picture text -----
Sample from Mt Mia area
----- End of picture text -----
Pentlandite Violarite Millerite
ASX : DGR
Nickeliferous host rocks are “hydrothermally altered” (hot water) more than weathered
“Hydrothermal Ni veins” at Mt Cobalt?
We found “gossans” (after sulphides)?
==> picture [577 x 421] intentionally omitted <==
----- Start of picture text -----
Nickel Deposits
RIDLEYS:
best holes:
15m @ 1.7% Ni
6m @ 2.1% Ni
7m @ 1.6% Ni
all open at depth
Ni Sulphide
Source Rocks
Granite =
Hot Solutions
----- End of picture text -----
-
Mt Cobalt - Ridleys may be large system
-
Oxides only – so far
-
Mt Cobalt >1km long, 200m wide, avg. 115m deep @ 0.5% Ni
-
Ridleys 1km long anomaly 200m wide and avg. 10 m deep @ 0.7% Ni
-
-
Cobalt, gold & other credits
-
Nickel Sulphide zone at depth (EM & magnetic targets)
-
A blueprint for targets at Widgee & Poperima-Mundubbera belt
ASX Code DGR
New Geological Model
Diamond Drillhole COB 11 Surface to 96m depth 0.58% Nickel & 0.025% Cobalt in oxide-clay and hydrothermal veins ASX : DGR
Mount Cobalt Cross Section over Magnetic section
Oxides overlie sulphides in a Hydrothermal system?
==> picture [200 x 206] intentionally omitted <==
----- Start of picture text -----
Oxidised hydrothermal
Sulphide hydrothermal
zone at depth?
----- End of picture text -----
Mount Cobalt Cross Section over Magnetic section
ASX : DGR
Airborne Electromagnetics identify sulphide targets at depth
Low strip ratios?
ASX : DGR
Explore and Extend
Drill for high grades & larger mineral system
==> picture [269 x 261] intentionally omitted <==
----- Start of picture text -----
ASX : DGR
----- End of picture text -----
New Nickel Province : Magnetics showed the way
ASX : DGR
New Metallurgy - 75% recovery from oxides
ASX : DGR
Forward Looking Statement
Whilst based on information from sources considered reliable, D'Aguilar Gold Ltd, its subsidiaries, including AusNiCo Pty Ltd, its directors, employees and consultants do not represent, warrant or guarantee, expressly or impliedly, that the information in this document and presentation is complete or accurate. To the maximum extent permitted by law, D'Aguilar Gold Ltd disclaims any responsibility to inform any recipient of this document and presentation of any matter that subsequently comes to its notice , which may affect any of the information contained in this document and presentation.
JORC and Competent Person Statement
The information herein that relates to Exploration Results is based on information compiled by Nicholas Mather B.Sc (Hons) Geol., who is a Member of The Australian Institute of Mining and Metallurgy. Mr Mather is employed by Samuel Holdings Pty Ltd which provides certain consultancy services including the provision of Mr Mather as the Managing Director of D’Aguilar Gold Ltd.
Mr Mather has more than five years experience which is relevant to the style of mineralisation and type of deposit being reported and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves’ (the JORC Code). This public report is issued with the prior written consent of the Competent Person(s) as to the form and context in which it appears.