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Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014
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Stavely Minerals IPO Presentation, Symposium Investor Roadshow April 2014

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Stavely Minerals' IPO presentation at Symposium's Investor Roadshow in Sydney and Melbourne to over 250 attendees, April 2014. Presentation was delivered by Stavely Minerals' Managing Director, Chirs …

Stavely Minerals' IPO presentation at Symposium's Investor Roadshow in Sydney and Melbourne to over 250 attendees, April 2014. Presentation was delivered by Stavely Minerals' Managing Director, Chirs Cairns.

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  • 1. STAVELY & ARARAT COPPER-GOLD PROJECTS WESTERN VICTORIA IPO Presentation
  • 2. STAVELY MINERALS Disclaimer This presentation contains only an overview of Stavely Minerals Limited (“Stavely" or the “Company”) and its activities and operations. The contents of this presentation, including matters relating to the geology and exploration potential of the Company’s projects, may rely on various assumptions and subjective interpretations which it is not possible to detail in this presentation and which have not been subject to any independent verification. This presentation contains a number of forward-looking statements. Known and unknown risks and uncertainties, and factors outside of the Company’s control, may cause the actual results, performance and achievements of the Company to differ materially from those expressed or implied in this presentation. To the maximum extent permitted by law, Stavely does not warrant the accuracy, currency or completeness of the information in this presentation, nor the future performance of the Company, and will not be responsible for any loss or damage arising from the use of the information. The information contained in this presentation is not a substitute for detailed investigation or analysis of any particular issue. Current and potential investors should seek independent advice before making any investment decision in regard to the Company or its activities.
  • 3. STAVELY MINERALS Who are Stavely Minerals? • Owned and managed by the ex-Integra Mining management team: • Bill Plyley - Chairman • Chris Cairns – Managing Director • Peter Ironside - Director • Jennifer Murphy - Director • The private company used to acquire The Stavely and Ararat Projects from BCD Resources (formerly Beaconsfield Gold Mines NL) IPO now open – closes 23 April 2014
  • 4. STAVELY PROJECT IPO Raising • Minimum raising $5 million with maximum of $8 million • No pre-IPO cheap ‘seed’ stock other than to the 4 principals in the business most of that is escrowed for 2 years. • Drill ready targets at MT Ararat copper-gold VMS extensions and Thursday’s Gossan and Junction copper-gold porphyry prospects. • Management with a track record of discovery, development and value creation. • Prospectus and application forms are available on www.stavely.com.au/prospectus
  • 5. PROJECT LOCATION The Mount Stavely Volcanic Complex is considered a northern extension of the Mt Read Volcanics in Tasmania
  • 6. PROJECT LOCATION Total area owned and applied for tenure: 770 square kilometres
  • 7. MINERAL RESOURCES 1 1 reported in compliance with JORC 2012, see www.stavely.com.au At the Ararat Project, hosted in Besshi-style VMS: • Inferred Mineral Resources of 1.2Mt at 2.0% copper, 0.5 g/t gold, 0.4% zinc and 6 g/t silver for 30kt of contained copper At the Stavely Project hosted in a secondary chalcocite enriched blanket: • Inferred Mineral Resources of 28Mt at 0.4% copper for 110kt of contained copper
  • 8. STAVELY MINERALS What did Stavely Minerals buy? • Two copper +/- gold Mineral Resources with a Scoping Study completed, plus…. • Exploration potential:  Significant potential to extend Mineral Resources at high-grade Mt Ararat copper-gold VMS  Potential at Langi Logan for a Stawell Gold Mine look- alike  Porphyry copper-gold potential at depth at Thursday’s Gossan  Porphyry copper-gold potential at Junction  Possible new porphyry at Mt Stavely
  • 9. ARARAT PROJECT
  • 10. ARARAT PROJECT Hosts the: Mt Ararat Besshi-style copper-gold VMS and the Langi Logan - Stawell Gold Mine look-alike target
  • 11. ARARAT PROJECT • Mt Ararat Besshi-style VMS – Inferred Mineral Resource of 1.2Mt at 2.0% copper, 0.5g/t gold, 0.4% zinc and 6g/t silver. • The Degrussa deposit is considered a Besshi-style VMS • Open at depth and along strike
  • 12. ARARAT PROJECT Mt Ararat Mineral Resource is over 350m strike extent at the southern end of a 4 kilometre long airborne VTEM conductor and coincident soil copper-zinc anomalism (gold not analysed). Ground EM confirms significant undrilled extensions to the north of the existing resource with noted gossans and historic copper workings.
  • 13. ARARAT PROJECT Mt Ararat VMS ground EM conductor plates • Mt Ararat existing Mineral Resource has a ground EM conductor to 500m depth (red). • Carrolls prospect (blue) has a ground EM conductor 2km along strike and to 800m depth. • South Pole prospect (green) has ground EM conductors 1.2km along strike to 500m depth.
  • 14. ARARAT PROJECT Mt Ararat VMS has compelling exploration potential Immediately along strike to the north from an Inferred Mineral Resource with attractive grades of 1.2Mt at 2% copper, 0.5 g/t gold and 0.4% Zn: VTEM conductors confirmed by ground EM over 3.5 km long Coincident copper and zinc soil geochemistry (gold not analysed) Noted gossans Chlorite / actinolite alteration – possible VMS feeder zone alteration ….and effectively undrilled.
  • 15. STAVELY PROJECT
  • 16. STAVELY PROJECT • Thursday’s Gossan chalcocite enriched blanket – Inferred Mineral Resource of 28Mt at 0.4% copper containing 107kt copper • Thursday’s Gossan porphyry • Junction porphyry • Newly interpreted Mt Stavely porphyry • Fairview Gold prospect • Wickliffe VMS prospect • Patanga porphyry prospect
  • 17. STAVELY PROJECT • Mt Stavely Volcanic Complex considered the northern extension of the Mt Read Volcanics in Tasmania. • MRV hosts the Mount Lyell, Rosebery, and Henty copper-gold deposits. • In the Thursday’s Gossan area a very major intersection of N-S and NW oriented structures.
  • 18. STAVELY PROJECT Thursday’s Gossan chalcocite blanket (red) and location of porphyry intrusion at depth (blue) controlled by long-lived structures – regional structural controls expressed at local scale.
  • 19. STAVELY PROJECT • Thursday’s Gossan chalcocite - less than 1:1 strip ratio • Inferred Mineral Resource of 28 million tonnes at 0.4% copper = 110 Kt contained copper
  • 20. STAVELY PROJECT Porphyry intrusions at depth appear as lows in the gravity images
  • 21. STAVELY PROJECT • Junction 1 porphyry target – lightly drilled to shallow depth yet 35 metres at 3.4% copper hard to ignore* * insufficient data to interpret true width
  • 22. STAVELY PROJECT • Stavely Minerals bought these projects primarily for the exploration upside. • Stavely’s premise was that previous explorers had failed to recognise the high-level of exposure – ie. The porphyry was down deeper than existing drilling.
  • 23. STAVELY PROJECT Significant drill intercepts into ‘leakage’ structures: • ‘D’ veins in the porphyry terminology of Gustafson and Hunt, 1975 • 7.7 metres at 4.14% copper, 1.08 g/t gold and 77g/t silver • 9.5 metres at 2.93% copper, 0.44g/t gold and 42 g/t silver
  • 24. STAVELY PROJECT Stavely has compelling exploration potential Porphyry targets with: Gravity lows IP chargeability anomalies Alteration mineralogy indicating high-level of exposure in porphyry system Almost no drilling below 250m depth Sulphur isotope values consistent with magmatic source – importantly, sparse data indicates Thursday’s Gossan IP chargeability anomaly could be close to mineralised ‘core’ Haematite alteration - a possible indicator of a fertile copper-gold ‘alkalic’ system
  • 25. STAVELY PROJECT “The HyLogger data certainly supports the hypothesis that the level of exposure tested by previous drilling is analogous to the top of a Prince Lyell system. This system should be drilled to a depth of 200 to 300 meters below the zones of shortest wavelength white mica recorded from the HyLogger data.” Scott Halley, 2013 “Therefore there is strong evidence indicating that there is untested porphyry Cu-Au style mineralisation at depth below the Thursday Gossan project area.” Corbett and Menzies Consulting, 2013 It is important to note that these exploration targets are conceptual in nature and there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource.
  • 26. OUR VIEW The primary contention is that the previous explorers failed to recognise the high level of exposure of the Thursday’s Gossan porphyry complex and that the potential for well-mineralised copper-gold porphyry(s) at depth is excellent. The Stavely area is compared to the Cadia Valley and North Parkes districts at an early stage of evaluation. ¹200 metres west, hole NC498 subsequently hit 145 metres at 4.30g/t gold & 1.2% copper, & 84 metres at 7.40g/t & 1.27% copper ²Discovery of the Cadia Rigeway Gold-Copper Porphyry Deposit, Halliday, J.et al., SMEDG, 1999 Cadia Rigeway² Thursday’s Gossan Classic ‘D’ leakage veins 8m at 0.53% Cu & 0.42g/t Au 7.7m at 1.08g/t Au & 4.14% Cu 9.5m at 0.44g/t Au & 2.93% Cu Low-grade near miss 118m at 0.10% Cu to 514m, hole then extended to 858m & Intercepted 102 at 0.4% Cu & 0.13/t Au¹ 235m at 0.21% Cu in propyllitic alteration to 262m depth & many others
  • 27. CADIA-RIDGEWAY DISCOVERY Thursda 8m @ 2.4% Cu, 1.1 g/t Au 69m @ 0.17% Cu 62m @ 0.21% Cu 180m @ 0.16% Cu 28m @ 0.24% Cu 35m @ 0.14% Cu 24m @ 0.15% Cu 96m @ 0.14% Cu 1.75km 7.7m @ 4.1% Cu, 1.0 g/t Au 9.5m @ 3.0% Cu, 0.4g/t Au Thursday’s Gossan Long Section (looking west) 47m @ 0.15% Cu 235m @ 0.21% Cu
  • 28. CADIA-RIDGEWAY DISCOVERY Thursda Depth and approximate location of Newcrest near miss at Cadia- Ridgeway – 110m @ 0.10% Cu Approximate depth of drilling to date Hole extended to 858m and intercepts – 102m @ 0.13g/t Au, 0.40% Cu from 610m Discovery hole hits 145m @ 1.2% Cu, 4.3g/t Au from 598m and 84m @ 1.3% Cu, 7.4g/t Au from 821m Size and approximate depth of Cadia- Ridgeway Thursday’s Gossan Long Section (looking west) 110kt copper in chalcocite blanket
  • 29. STAVELY PROJECT Proposed work programmes for the Stavely Project Almost all diamond drilling to date (except 2 holes) is to a maximum true depth of ~250m – not deep enough to discover Cadia Ridgeway or Cadia East (for example) • At the Thursday’s Gossan area (including Junction) propose drilling: • 4 x 700 metre deep diamond drill holes • 2 x 500 metre deep diamond drill holes • At the Mt Stavely prospect: • Complete IP survey • Complete soil geochemistry • Phase 2 drilling of IP / Geochem / structural targets
  • 30. STAVELY PROJECT Other targets: • Patanga porphyry target – drill intercept of 10 metres at 0.32% copper and 0.4 g/t gold • Wickliffe VMS target – drill intercept of 3.15 metres at 2.27 g/t gold, 4.9% zinc, 0.2% copper and 7 g/t silver
  • 31. STAVELY PROJECT IPO Raising • Minimum raising $5 million with maximum of $8 million • No pre-IPO cheap ‘seed’ stock other than to the 4 principals in the business most of that is escrowed for 2 years. • Drill ready targets at MT Ararat copper-gold VMS extensions and Thursday’s Gossan and Junction copper-gold porphyry prospects. • Management with a track record of discovery, development and value creation. • Prospectus and application forms are available on www.stavely.com.au/prospectus
  • 32. STAVELY MINERALS IPO Timetable Lodgement of Prospectus 17 March 2014 Offer Opens 26 March 2014 Closing Date 23 April 2014 Despatch Holding Statements 1 May 2014 Expected ASX Trading 7 May 2014
  • 33. STAVELY MINERALS Thank You Contact Us: Stavely Minerals Limited Level 1, 168 Stirling Highway Nedlands WA 6009 www.stavely.com.au Ph: 08 9287 7630 The information is extracted from information in the Stavely Minerals Prospectus available to view on www.stavely.com.au. The company confirms that it is not aware of any new information or data that materially affects the information included in the original market announcement and, in the case of estimates of Mineral Resources or Ore Reserves, that all material assumptions and technical parameters underpinning the estimates in the relevant market announcement continue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.

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