AI assistant
ORE RESOURCES LIMITED — Investor Presentation 2017
Aug 28, 2017
65504_rns_2017-08-28_532e62d9-bc4e-4971-a1b6-39afb97aa8d2.pdf
Investor Presentation
Open in viewerOpens in your device viewer
==> picture [179 x 157] intentionally omitted <==
DISCOVERING TOMORROWS RENEWABLE ENERGY TODAY
==> picture [62 x 63] intentionally omitted <==
==> picture [63 x 62] intentionally omitted <==
==> picture [62 x 62] intentionally omitted <==
AUGUST 2017
DISCLAIMER
This presentation has been prepared by Auroch Minerals Ltd (Auroch 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 summary form and does not purport to be complete. This presentation is not to be distributed (nor taken to have been distributed) to any persons in any jurisdictions to whom an offer or solicitation to buy shares in the Company would be unlawful. Any recipient of the presentation warrants to the Company that the receipt of the presentation is not unlawful. 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 with respect to those securities. No agreement to subscribe for securities in the Company will be entered into on the basis of this presentation or any information, opinions or conclusions expressed in the course of this presentation.
This presentation is not a prospectus, product disclosure document or other offering document under Australian law or under any other law. It has been prepared for information purposes only. This presentation contains general summary information and does not take into account the investment objectives, financial situation and particular needs of any individual investor. It is not financial product advice and investors should undertake their own due diligence and obtain their own independent advice from qualified professional advisors having regarding to their objectives, financial situation and needs. Neither Auroch nor any of its related bodies corporate is licensed to provide financial product advice.
This presentation and information, opinions or conclusions expressed in the course of this presentation contains forecasts, projections and opinions which constitute forward looking statements. Forward looking statements include, but are not limited to, statements concerning the Company’s exploration programme, outlook and target sizes. They include statements qualified by words such as “potential”, “target”, “scheduled”, “planned”, “estimate”, “possible”, “future”, “prospective” and similar expressions. Such forward looking statements are not a guarantee of future performance, and are subject to numerous risks, uncertainties and other factors, including unknown ones. Actual results and developments will almost certainly differ materially from those expressed or implied. There are a number of risks, both specific to Auroch and of a general nature which may affect the future operating and financial performance of Auroch and the value of an investment in Auroch including but not limited to title risk, renewal risk, economic and general market conditions, stock market fluctuations, price movements, regulatory risks, operational risks, reliance on key personnel, uncertainties relating to interpretation of exploration results, geology and resource estimations, native title risks, foreign currency fluctuations, uncertainties relating to the availability of/access to additional capital, infrastructure or environmental approvals, and mining development, construction and commissioning risk. Auroch expressly disclaims any intention or obligation to update or revise any forward looking statements whether as a result of new information, future events, or otherwise.
To the maximum extent permitted by law, no representation, warranty or undertaking, express or implied, is made and no responsibility or liability is accepted, by the Company or any of its officers, employees, agents or consultants or any other person, as to the adequacy, accuracy, completeness or reasonableness of the information in this presentation. An investment in the shares of the Company is to be considered highly speculative.
The exploration targets or conceptual exploration targets in this presentation or expressed during the course of this presentation are subject to completion of the necessary feasibility studies, permitting and execution of all necessary infrastructure agreements. In relation to any statements pertaining to future exploration targets or conceptual exploration targets, the nature of the exploration target means that the potential quantity and grade is conceptual in nature. This presentation and information, opinions or conclusions expressed in the course of this presentation should be read in conjunction with Auroch’s other periodic and continuous disclosure announcements lodged with the ASX, which will be available on the Auroch website.
The information in this report that relates to Exploration Results is based on information compiled by Dr. Andrew Tunks and represents an accurate representation of the available data. Dr. Tunks (Member Australian Institute Geoscientists) is the Company’s Chief Executive Officer and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Dr Tunks consents to the inclusion in the reportof the matters based on his information in the form and context in which itappears.
ASX:AOU WWW.AUROCHMINERALS.COM
AUROCH’S RENEWABLE TRINITY
CZECH REPUBLIC
PORTUGAL
NAMIBA
TISOVÁ PROJECT
ALCOUTIM PROJECT
KARIBIB PROJECT
==> picture [47 x 46] intentionally omitted <==
==> picture [46 x 47] intentionally omitted <==
==> picture [47 x 47] intentionally omitted <==
==> picture [46 x 47] intentionally omitted <==
==> picture [47 x 47] intentionally omitted <==
==> picture [47 x 46] intentionally omitted <==
DRILLING COMMENCING MID-SEPT
DRILLING UNDERWAYDRILLING PROGRAM COMMENCED
AWAITING APPROVALS
ASX:AOU WWW.AUROCHMINERALS.COM
AUROCH THE ACTIVE EXPLORER
==> picture [131 x 49] intentionally omitted <==
==> picture [139 x 47] intentionally omitted <==
==> picture [131 x 47] intentionally omitted <==
Renewablefocussed Team has strong Drilling activityand metals explorer discovery history, consistent news flow with assets in Czech global experience Republic, Portugal and corporatesuccess and Namibia
AUROCH MINERALS VISION
FOCUS VALUE BUILD A RENEWABLE CREATION QUALITY ENERGY THROUGH PORTFOLIO DISCOVERY
CORPORATE SNAPSHOT
TICKER SHARESOUTSTANDING ASX:AOU 85.6m
OPTIONS MARKET CAPITALISATION CASH AND RECEIVABLES 30.5m $15.5m $7.1m @ $0.18
ASX:AOU
WWW.AUROCHMINERALS.COM
STRATEGY AND DEMAND
==> picture [55 x 54] intentionally omitted <==
==> picture [55 x 54] intentionally omitted <==
==> picture [61 x 54] intentionally omitted <==
==> picture [53 x 60] intentionally omitted <==
==> picture [57 x 64] intentionally omitted <==
==> picture [56 x 62] intentionally omitted <==
==> picture [53 x 60] intentionally omitted <==
==> picture [39 x 45] intentionally omitted <==
INFRASTRUCTURE & LI-ION BATTERIES ELECTRIC VEHICLES
COPPER WIRING IN VEHICLES
==> picture [297 x 96] intentionally omitted <==
Source. US Global Investors
“Global battery-making capacity is set to more than double by 2021”
Source. Bloomberg NEF
ASX:AOU WWW.AUROCHMINERALS.COM
ALCOUTIM PROJECT
==> picture [47 x 47] intentionally omitted <==
==> picture [47 x 47] intentionally omitted <==
==> picture [720 x 207] intentionally omitted <==
ALCOUTIM PROJECT
==> picture [46 x 47] intentionally omitted <==
==> picture [46 x 46] intentionally omitted <==
VOLCANIC MASSIVE SULPHIDES
-
High-grade
-
Well known metallurgy
-
VMS form on the sea floor
-
VMS polymetallic Cu–Zn–Sn–Pb–Ag–Au
==> picture [361 x 246] intentionally omitted <==
==> picture [325 x 243] intentionally omitted <==
ASX:AOU WWW.AUROCHMINERALS.COM
ALCOUTIM PROJECT
==> picture [46 x 47] intentionally omitted <==
==> picture [46 x 46] intentionally omitted <==
THE PRIZE
==> picture [681 x 417] intentionally omitted <==
ASX:AOU
WWW.AUROCHMINERALS.COM
ALCOUTIM PROJECT
==> picture [46 x 47] intentionally omitted <==
==> picture [46 x 46] intentionally omitted <==
LAND OF THE GIANTS
==> picture [652 x 411] intentionally omitted <==
ASX:AOU
WWW.AUROCHMINERALS.COM
ALCOUTIM PROJECT
==> picture [46 x 47] intentionally omitted <==
==> picture [46 x 46] intentionally omitted <==
HEADING
-
22 defined geophysical targets
-
Coincident Anomalies
EM Gravity Magnetic
-
Immediately along the NEVES CORVO trend
-
Drilling underway
==> picture [452 x 347] intentionally omitted <==
ASX:AOU
WWW.AUROCHMINERALS.COM
==> picture [46 x 47] intentionally omitted <==
==> picture [46 x 46] intentionally omitted <==
ALCOUTIM PROJECT
==> picture [486 x 216] intentionally omitted <==
PORTUGAL
Government: Parliamentary democracy (EU) Population: 11 million Capital: Lisbon GDP: US$ 289B (2015) GDP Growth: 1.5% (2015) Income Capita:US$ 28,000 (2015) Corporate Tax: 25% Royalties: Negotiated
SUMMARY
-
Auroch earning 75% of Project
-
High-grade deposits in Belt
-
Adjacent to one of the worlds great deposits - Neves Corvo
-
Exploration program commenced
ASX:AOU WWW.AUROCHMINERALS.COM
==> picture [46 x 46] intentionally omitted <==
TISOVÁ PROJECT
==> picture [47 x 46] intentionally omitted <==
==> picture [47 x 46] intentionally omitted <==
==> picture [720 x 269] intentionally omitted <==
TISOVÁ PROJECT
==> picture [47 x 46] intentionally omitted <==
==> picture [47 x 46] intentionally omitted <==
==> picture [46 x 46] intentionally omitted <==
LOCATION
==> picture [544 x 380] intentionally omitted <==
IN THE HEART OF INDUSTRIAL EUROPE
ASX:AOU
WWW.AUROCHMINERALS.COM
TISOVÁ PROJECT
LICENCE AND DRILLING
==> picture [270 x 385] intentionally omitted <==
==> picture [47 x 46] intentionally omitted <==
==> picture [47 x 46] intentionally omitted <==
==> picture [46 x 46] intentionally omitted <==
| t | Co(%) | Co(%) | Co(%) | Cu(%) | Cu(%) | Cu(%) | Cu(%) | Au(ppm) | Au(ppm) | Au(ppm) | Au(ppm) | Au(ppm) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.16 | 2.52 | 1.97 | ||||||||||
| 0.14 | 1.95 | 1.01 | ||||||||||
| 0.17 | 0.24 | 3.73 | ||||||||||
| 0.02 | 3.60 | 0.52 | ||||||||||
| 0.12 | 0.74 | 0.86 | ||||||||||
| 0.05 | 0.67 | 1.76 | ||||||||||
| 0.29 | 2.25 | 2.14 | ||||||||||
| 0.69 | 1.17 | 1.40 | ||||||||||
| 0.18 | 2.09 | 1.47 | ||||||||||
| 0.14 | 1.08 | 0.14 | ||||||||||
| 0.30 | 0.82 | 2.22 | ||||||||||
| 0.09 | 1.33 | 1.05 | ||||||||||
| 0.07 | 17.05 | 0.97 | ||||||||||
| 0.25 | 1.78 | 3. | 06 | |||||||||
| 0.02 | 4.09 | 0.48 | ||||||||||
| 0.04 | 9.53 | 0.54 | ||||||||||
| 0.13 | 0.82 | 0.79 | ||||||||||
| 0.04 | 3.56 | 0.29 | ||||||||||
| 0.04 | 7.19 | 0.63 | ||||||||||
| 0.02 | 3.90 | 0.43 | ||||||||||
| 0.07 | 0.19 | 2 | .54 | |||||||||
| 0.13 | 0.66 | 1.33 | ||||||||||
| AVERAGE | 0.14 | 3.06 | 1.33 |
HIGHLIGHTS Co - 0.69% Cu - 17.1% Au – 3.7g/t Ag – 178 g/t
A PROVEN POLYMETALLIC DEPOSIT
ASX:AOU WWW.AUROCHMINERALS.COM
TISOVÁ PROJECT
==> picture [47 x 46] intentionally omitted <==
==> picture [47 x 46] intentionally omitted <==
==> picture [46 x 46] intentionally omitted <==
Vertical Cross Section
ASX:AOU WWW.AUROCHMINERALS.COM
==> picture [47 x 46] intentionally omitted <==
==> picture [47 x 46] intentionally omitted <==
==> picture [46 x 46] intentionally omitted <==
TISOVÁ PROJECT
==> picture [486 x 216] intentionally omitted <==
CZECH REPUBLIC
Government: Parliamentary democracy (EU) Population: 10.5 million Capital: Prague GDP: US$ 342B (2015) GDP Growth: 1.9% (2015) Income Capita:US$ 30,500 (2015) Corporate Tax: 19%
SUMMARY
-
A project with genuine scale
-
600 year mining history
-
Orebody defined by over 200 historic holes (Cu only)
-
Over 30k underground development
-
Drilling commencing in September 2017
==> picture [6 x 12] intentionally omitted <==
ASX:AOU WWW.AUROCHMINERALS.COM
KARIBIB PROJECT
==> picture [46 x 47] intentionally omitted <==
==> picture [720 x 207] intentionally omitted <==
==> picture [46 x 46] intentionally omitted <==
KARIBIB PROJECT
==> picture [485 x 216] intentionally omitted <==
NAMIBIA
Government: Democracy Population: 2.5 million Capital: Windhoek 2% GDP: US$11.5B (2015) Income Capita: US$ 30,500 (2015) Corporate Tax: 37.5% Royalties: 2%
SUMMARY
-
Auroch has secured a dominant ground position in an unexplored lithium rich province
-
Several Li-rich pegmatites have been mapped significant length and thickness = tonnes
-
Close to road, rail and mining workforce at Karibib Low geological and political risk
ASX:AOU WWW.AUROCHMINERALS.COM
KARIBIB PROJECT
==> picture [46 x 46] intentionally omitted <==
GEOLOGY OVERVIEW - AN UNEXPLORED LITHIUM RICH PROVINCE
-
Series of Lithium- Caesium -Tantalum (LCT) pegmatites
-
Hundreds of individual pegmatites documented
-
Home of 90% of Namibia’s historic Lithium
-
production from Rubikon and Helikon lithium mines
==> picture [309 x 242] intentionally omitted <==
LITHIUM MINERALOGY
==> picture [156 x 109] intentionally omitted <==
Spodumene – 7%Li2O
==> picture [163 x 109] intentionally omitted <==
==> picture [118 x 13] intentionally omitted <==
----- Start of picture text -----
Amblygonite – 9%Li2O
----- End of picture text -----
==> picture [157 x 109] intentionally omitted <==
==> picture [102 x 13] intentionally omitted <==
----- Start of picture text -----
Petalite – 4.5% Li O
2
----- End of picture text -----
==> picture [163 x 109] intentionally omitted <==
Lepidolite – 3.5 to 6.0% Li2O
ASX:AOU WWW.AUROCHMINERALS.COM
PROJECT NEWS FLOW
TISOVÁ PROJECT
==> picture [26 x 26] intentionally omitted <==
==> picture [26 x 25] intentionally omitted <==
==> picture [25 x 25] intentionally omitted <==
DRILLING PROGRAM
AUG ’17
Approval received for initial 12-hole drilling program at Tisová
SEPT ‘17
Drilling scheduled to commence in early September
NOV ‘17
Assay reults Tisová
2018
5,500m in 12 holes surface diamond drill program
ALCOUTIM PROJECT
==> picture [25 x 25] intentionally omitted <==
==> picture [26 x 26] intentionally omitted <==
EXPLORATION PROGRAM COMMENCED
MAR ’17
22 Coincident targets
- Gravity, EM, Mag
MAY ’17
Drilling underway (2 holes completed)
CURRENT
Phase 1 will test 3 targets
CURRENT
Downhole geophysics on each hole
2018
Phase 2 will be designed to improve on phase one targeting
KARIBIB PROJECT
==> picture [24 x 24] intentionally omitted <==
5 EPL/A’s
EXPLORATION PROGRAM
EPL 5751
-
Interpretation of radiometrics
-
Initial Recon to known pegmatites
-
•
-
Sampling – grades up Drill program planning to 2.7 % Li2O
-
Recon field visits to pegmatites
-
Geophysics to locate hidden opportunities
-
Sampling pegmatites
-
Await granting of licences
ASX:AOU WWW.AUROCHMINERALS.COM
WHAT HAPPENS WHEN YOU FIND ONE?
SIRIUS RESOURCES NOVA BOLLINGER Ni DISCOVERY
SANDFIRE RESOURCES DE GRUSSA Cu DISCOVERY
==> picture [313 x 290] intentionally omitted <==
==> picture [301 x 291] intentionally omitted <==
ASX:AOU
WWW.AUROCHMINERALS.COM
AUROCH
DISCOVERING SHAREHOLDER VALUE
==> picture [128 x 50] intentionally omitted <==
==> picture [139 x 47] intentionally omitted <==
==> picture [134 x 50] intentionally omitted <==
==> picture [131 x 50] intentionally omitted <==
==> picture [131 x 47] intentionally omitted <==
FOCUSSED ON 3 ACTIVE $7.1M 45% TOP 10 EXPERIENCED EXPLORING EXPLORATIONS strong cash tight share register board and for metals crucial PROJECTS position management to renewable with massive energy industry potential upside
==> picture [720 x 238] intentionally omitted <==
----- Start of picture text -----
ASX:AOU WWW.AUROCHMINERALS.COM 22
----- End of picture text -----
==> picture [180 x 157] intentionally omitted <==
CONTACT
EXECUTIVE CHAIRMAN Mr Glenn Whiddon E: [email protected] MOB: +61 041 0612 920
Corporate Office Unit 5, 1 Centro Avenue Subiaco WA 6008
CEO Dr Andrew Tunks E: [email protected] MOB: +61 400 205 555
PO Box 510 Subiaco WA 6904 Tel: +61 8 9486 4036 Fax: +61 8 9486 4799