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TASMAN RESOURCES LTD — AGM Information 2011
Oct 30, 2011
65896_rns_2011-10-30_65242f8c-c332-4f27-9eb6-22f902a4bf5b.pdf
AGM Information
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Annual General Meeting 31[st] October 2011 Greg Solomon Executive Chairman
Tasman Group Corporate Overview
Tasman Resources Ltd (TAS)
Minerals Cu, Au, U, Ag, Pb, Zn.
Eden Energy Ltd (EDE) Pyrolysis Hydrogen-Hythane Dual fuel Gas (UK)
Fission Energy Ltd (FIS) 50% Mt Thirsty Co-Ni 100% Uranium – SA, WA
Lake Torrens Project Summary
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> 2,000 km[2] of tenements adjacent to Olympic Dam
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Six IOCGU targets within ~ 35 km of Olympic Dam - includes two known IOCGU systems (Vulcan and Titan) and 4 interpreted systems
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Vu can - new l IOCGU tem discovered Nov 2009 sys
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- Similar target area to OD > 12 km[2]
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30 km north of Olympic Dam; priority tectonic address
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Condtional Farm-in Agreement with Rio Tinto Exploration
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( EL 4322)
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Lucas Hill –large new priority IOCGU target near Woomera
Lake Torrens Project: Location Plan
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EL 4322
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VULCAN
- Vulcan - new IOCGU system discovered Nov 2009
- IOCGU min./alt. (all 8 holes) - Cu, Au, Ag, U, Mo (+ REE) - 57 m of strong chalcopyrite/pyrite mineralisation in VUD 3 - +150m “classic” min. hematite-rich breccias in VUD 7
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Classic zonation (bornite/chalcopyrite/pyrite) in VUD 8
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Rio Tinto Exploration (RTX) farm-in (conditional)
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only EL 4322
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$10m to Tasman which will drill 12,000m (est $5m) in 12 months
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RTX to pay TAS $7m and spend $25m on exploration for 55%
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if TAS dilutes, RTX may expend $50m for further 25% ( ie 80% )
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TAS may then contribute or require RTX to buy TAS share ( 20% )
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Conditions – include Aboriginal heritage clearance
Lake Torrens Project: Showing Tectonic Lineaments (WMC, 1975)
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EL 4322
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Lake Torrens Project: Gravity
EL 4322
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Lake Torrens Project: Bouguer gravity (+residual inset)
EL 4322
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Vulcan IOCGU Project
Residual Gravity Image showing Tasman Drilling
Olympic Dam - Vulcan: Residual Gravity Comparison (calculated residual gravity response if Vulcan at same depth as OD) Olympic Dam Vulcan
2km 2km
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Vulcan VUD 001
Heterolithic, sulphiderich breccia
Mineralised, hematite matrixrich breccia (py, cpy)
Heterolithic, carbonate breccia (py, cpy, hem)
Vulcan: VUD 3 Massive Sulphides - 930.2 - 930.9m
py
cpy
Vulcan VUD 003: Cu - Au - U3O8 Mineralisation
Core from interval: 0.34m at 5.9% Cu, 2.23g/t Au
Core from interval: 0.75m at 4.4% Cu, 1.34g/t Au, 0.58kg/t U3O8
Vulcan VUD 008: Silica-Hematite Breccia (+ bornite - chalcopyrite)
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Vulcan VUD 002: Molybdenite Mineralisation: PACE 2020 Re[187] – Os[187] Dating
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Vulcan VUD 3
| **• ** | 245m Alteration and Mineralisation, includes: From To m Cu (%)Au (g/t) U ~~3~~ O ~~8~~ (kg/t) 874.20 930.8556.65 0.59 0.17 0.05 includes: 5 85 2 23 895.08 895.420.34 . . 0.03 and 912.00 919.807.80 1.21 0.35 0.14 includes: 919.05 919.800.75 4.44 1.340.58 and 930.20 930.850.65 7.80 2.41 0.03 |
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Vulcan VUD 003
Down-hole correlation of IOCGU metals
Cover Sediments Cover Sediments Basement Basement Au Cu U O Cu 3 8
Vulcan IOCGU Project
Residual Gravity Image showing Tasman Drilling
Vulcan VUD 7: +150m of Hematite Breccia
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Vulcan VUD 7
- 150m+ Alteration and Mineralisation, includes:
From To m Cu (%) Au (g/t) U ~~3~~ O ~~8~~ (kg/t) Mo (%) 1065 1228 163 0.23 0.08 0.04 0.01
Includes: 1118 1208 90 0.25 0.09 0.05 0.02
Olympic Dam – Vulcan Zonation Comparison
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Vulcan IOCGU Project
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Residual Gravity Image showing Tasman Drilling
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Vulcan Prospect: Comparisons
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Vulcan IOCGU Project: Current Program
Completed Results available Completed Completed Awaiting report Pending
Lake Torrens Project: Location Plan
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EL 4322
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Lucas Hill: Bouguer Gravity
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Lucas Hill: Residual Gravity
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Competent Person’s Statement
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to the style of mineralisation and type of deposit under
consideration and to the activity which they are undertaking to
qualify as Competent Persons as defined in the 2004 Edition of
the “Australasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reserves”. Robert Smith and
Michael Glasson consent to the inclusion in the report of the
matters based on their information in the form and context in
which it appears.
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