1640 morrie goodz

  • 259 views
Uploaded on

 

More in: Technology , Business
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Be the first to comment
    Be the first to like this
No Downloads

Views

Total Views
259
On Slideshare
0
From Embeds
0
Number of Embeds
0

Actions

Shares
Downloads
1
Comments
0
Likes
0

Embeds 0

No embeds

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
    No notes for slide

Transcript

  • 1. Sydney Gold Symposium – November 2011Building a Gold, Silver and Zinc House
  • 2. Disclaimer• The information contained in this presentation has been prepared by MacPhersons Reward Gold Ltd (MRP). This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in MRP. This presentation has been made available for information purposes only and does not constitute a prospectus, short form prospectus, profile statement or offer information statement. This presentation is not subject to the disclosure requirements affecting disclosure documents under Chapter 6D of the Corporations Act.• While the information contained in this presentation has been prepared in good faith, neither MRP or any of its directors, officers, agents, employees or advisors give any representation or warranty, express or implied, as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. Accordingly, to the maximum extent permitted by law, none of MRP, its directors, employees or agents, advisers, nor any other person accepts any liability whether direct or indirect, express or limited, contractual, tortuous, statutory or otherwise, in respect of, the accuracy or completeness of the information or for any of the opinions contained in this presentation or for any errors, omissions or misstatements or for any loss, howsoever arising, from the use of this presentation.• This presentation may contain statements that may be deemed ‘forward looking statements’. Forward risks, uncertainties and other factors, many of which are outside the control of MRP can cause actual results to differ materially from such statements. Such risks and uncertainties include, but are not limited to, gold price volatility, increased production costs and variances in ore grade recovery rates from those assumed in mining plans, as well as political and operational risks and governmental regulation and judicial outcomes. MRP makes no undertaking to update or revise such statements, but has made every endeavour to ensure that they are fair and reasonable at the time of making the presentation.• Investors are cautioned that any forward-looking statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in any forward-looking statements made.• Exploration targets are conceptual in nature and drilling may not convert these to resources. November 2011 Update: Building a Gold – Silver – Zinc House 2
  • 3. Today’s Message • Nimbus – Boorara Silver-Gold-Zinc-Copper-Lead • Existing silver-gold-zinc deposits • New polymetallic extensions • Current plan for 2011-2012 • Coolgardie Gold Projects • Tycho JORC update and mine plan • MacPhersons – A-Cap – Salvo ongoing drilling • Plan to production November 2011 Update: Building a Gold – Silver – Zinc House 3
  • 4. Heart of the Goldfields November 2011 Update: Building a Gold – Silver – Zinc House 4
  • 5. PeopleChairman (Executive) Managing Director (Executive)Ashok Aaron Parekh Morrie David GoodzBBUS, FCA, AIMM, FTIA MSc (Mining Geol), MBA, Cert MineChartered Accountant Manager, FAIMM32 years experience Geologist – 33 years experienceCoordinate assets for IPOs Discovered/Designed 4 decline minesNon-Executive Director Company SecretaryJeffrey Wayne Williams Stephen Hewitt-DuttonBSc (Mining Eng), MBA, FAIMM BBus, CA, SA FinMining Engineer – 38 yrs experience Chartered Acct – 17 yrs experienceFounder – Mineral Deposits (MDL) Specialist – Mergers & AcquisitionsOperations Management Prospecting AdviserRay Wright Bill PowellCert Mine Manager Mine Owner / Operator45 years experience 56 years experienceOwner/Operator of 4 producing mines Discovered Powell/MacPherson mines November 2011 Update: Building a Gold – Silver – Zinc House 5
  • 6. CorporateASX Code: MRPASX Listed: December 2010Ordinary Shares: 214 millionUnlisted Options: 20 million MRPMarket Cap: A$68 m at 32 centsCash: A$17m XSOPROJECTS100% Gold Operations at Coolgardie100% Nimbus Silver-Gold-Zinc-Cu-Pb Deposit100% Boorara Gold & Ag-Au-Zn mining leasesSubstantial Shareholders XSO= small cap stocks - daily (blue line) MRP= MacPhersons share price - daily (red line)Directors/associates 36% November 2011 Update: Building a Gold – Silver – Zinc House 6
  • 7. Our Targets* • The Directors are currently planning operations with a target of moving from Explorer to Producer in 7 months • 2012 - 25,000 oz gold • 2013 - 50,000 oz gold / 1 Moz silver • 2014 - 75,000oz gold / 1+ Moz silver - zinc-silver-gold-lead concentrate * Note – exploration targets are conceptual in nature and drilling may not convert these to resources. November 2011 Update: Building a Gold – Silver – Zinc House 7
  • 8. Nimbus – 6 Moz Ag Target* 6 Moz Ag 7m @ 112g/t Au 84,600 oz Au Mill* Note – exploration targets are conceptual in nature and drilling may not convert these to resources. November 2011 Update: Building a Gold – Silver – Zinc House 8
  • 9. Silver Upside November 2011 Update: Building a Gold – Silver – Zinc House 9
  • 10. Nimbus Silver Mine & Mill• Largest Silver Mine in Kalgoorlie Goldfields – unique Ag-Au-Zn-Cu-Pb opportunity• Closed in 2007 – ave silver price US$9/oz; A$10m cash from 3.6 Moz• 3.6 Million ounces silver at 353g/t (11.4 oz/t silver or 9 g/t gold equiv) November 2011 Update: Building a Gold – Silver – Zinc House 10
  • 11. Nimbus Exploration Potential5 or moreVHMS depositsAg-Au-Zn-Cu-PbMineralisationWireframesTo 300m Depth November 2011 Update: Building a Gold – Silver – Zinc House 11
  • 12. Ag-Au-Zn-Cu-Pb to 300m A’ A November 2011 Update: Building a Gold – Silver – Zinc House 12
  • 13. November 2011 Update: assays a Gold – Silver – Zinc House Limited Zn-Cu-Pb Building up to 39%-6%-16% per 13 metre respectively)
  • 14. 10m Zn-Pb-Ag Massive Sulphides November 2011 Update: Building a Gold – Silver – Zinc House 14
  • 15. BooraraSignificantWireframes >350 g/t Silver Gold DepositWithin 2km of Nimbus 7m @ 112g/t Gold (incl 1m @ 738 g/t Gold) 500m north of CAT November 2011 Update: Building a Gold – Silver – Zinc House 15
  • 16. Pit 1 Optimisation on 45Koz JORC Spider 1 Spider 2 November 2011 Update: Building a Gold – Silver – Zinc House 16
  • 17. November 2011 Update: Building a Gold – Silver – Zinc House 17
  • 18. Depth & Strike Potential Pumphrey Discovery November 2011 Update: Building a Gold – Silver – Zinc House 18
  • 19. Video Flyover (on-line) November 2011 Update: Building a Gold – Silver – Zinc House 19
  • 20. Pit Design Study underwayQ4 2011 Projects• Tycho JORC Update• Metallurgical Testwork• Pit Model Study Rib Pillar to be removed• Complete MacP Drill Program November 2011 Update: Building a Gold – Silver – Zinc House 20
  • 21. Key Assets -Points of Difference• ASX-MRP• Price: 32 cents• Mkt Cap: A$68m www.macphersonsreward.com.au November 2011 Update: Building a Gold – Silver – Zinc House 21
  • 22. Competent Person Statement The information in this presentation that relates to mineral resources and exploration results is based on information compiled by Mr Morrie Goodz who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Morrie Goodz is a full time officer of MRP and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking 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, Mineral Resources and Ore Reserves”. Mr Goodz has given his consent to the inclusion in this presentation of the matters based on the information in the form and context in which it appears. November 2011 Update: Building a Gold – Silver – Zinc House 22
  • 23. Our Opportunities Nimbus Silver Gold Zinc Copper Lead Targets*…… • 6 million ounce silver exploration target* Tonnes Grade Ounces Ag Oxide and primary zones 550,000 – 140 – 210 g/t Ag 2.5M – 4.7M 700,000 Tailings 170,000 – 50 – 150 g/t Ag 0.3M – 1.1M 320,000 Unprocessed stockpiles 40,000 – 50 – 200 g/t Ag 0.13M – 0.16M 55,000 November 2011 Update: Building a Gold – Silver – Zinc House 23
  • 24. Our OpportunitiesNimbus Silver Gold Zinc Copper Lead Targets*……• Primary zinc-copper-lead-silver at depth to 370 metres  up to 20m thick VHMS breccia with HGZ >20% Zinc, >1500g/t Silver, and >5% Lead over 2-3m core width; copper grades up to 6%• Existing silver plant will be expanded and modified• Drilling underway to determine:  metallurgy/plant changes/resource Boorara Silver Gold Zinc Copper Lead Targets*…… • Brindabella, Condor, Gretel and Tramways * Note – exploration targets are conceptual in nature and drilling may not convert these to resources. November 2011 Update: Building a Gold – Silver – Zinc House 24
  • 25. Our Opportunities Gold Targets*…… • Coolgardie  Tycho JORC Resource Update  Open Pit planning  Metallurgical Testing underway  MacPherson Pit Drilling to be completed in October * Note – exploration targets are conceptual in nature and drilling may not convert these to resources. November 2011 Update: Building a Gold – Silver – Zinc House 25
  • 26. Our Opportunities Gold Targets*…… • Nimbus Gold – multiple 10g/t intersections • Boorara Gold – 84,600 oz JORC resource  2km WSW from the Nimbus Mill • Boorara Gold – New Northern extension  2km West from the Nimbus Mill  7m @ 112 g/t gold from 56m downhole * Note – exploration targets are conceptual in nature and drilling may not convert these to resources. November 2011 Update: Building a Gold – Silver – Zinc House 26
  • 27. Nimbus Silver Pits• Mining completed 2006 – 2007 to top of supergene zone• 3.6 Million ounces silver at 353g/t (11.4 oz/t silver or 9 g/t gold equiv)• Ore was still exposed in all 4 leading pit faces and pit floor November 2011 Update: Building a Gold – Silver – Zinc House 27
  • 28. 13m Zn-Pb-Ag Massive Sulphides November 2011 Update: Building a Gold – Silver – Zinc House 28
  • 29. 33m Zn Semi Massive & Breccia Sulphides November 2011 Update: Building a Gold – Silver – Zinc House 29
  • 30. Breccia Sulphide Contact November 2011 Update: Building a Gold – Silver – Zinc House 30
  • 31. Massive Sulphides November 2011 Update: Building a Gold – Silver – Zinc House 31
  • 32. Nimbus Core Facility November 2011 Update: Building a Gold – Silver – Zinc House 32
  • 33. Near Term Gold Output-Coolgardie Rib Pillar November 2011 Update: Building a Gold – Silver – Zinc House 33
  • 34. A-Cap November 2011 Update: Building a Gold – Silver – Zinc House 34