Pieter Moeskops - Ausmon Resources - Ausmon Resources Ltd — Four Interesting Conceptual Areas in Western NSW


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Pieter Moeskops delivered the presentation at the 2014 Mining NSW Conference.

Mining NSW Conference is the premier event focused on base metals exploration, building regional skill, and promoting economic development.

For more information about the event, please visit: http://bit.ly/miningnsw14

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Pieter Moeskops - Ausmon Resources - Ausmon Resources Ltd — Four Interesting Conceptual Areas in Western NSW

  1. 1. AUSMON RESOURCES LTD PRESENTATION AUGUST 2014 4 Interesting Conceptual Areas in NSW Dr Pieter G Moeskops (Chief Technical Officer)
  2. 2. Certain statements contained in this presentation, including information as to the future financial or operating performance of Ausmon Resources Limited and its projects, are forward-looking statements. Such forward looking statements:  Are necessarily based upon a number of assumptions and estimates that, while considered reasonable by Ausmon Resources Limited, are inherently subject to significant technical, business, economic, competitive, political and social uncertainties and contingencies;  Involve known and unknown risks and uncertainties that could cause actual events or results to differ materially from estimated or anticipated events or results reflected in such forward-looking statements; and  May include, among other things, statements regarding targets, estimates and assumptions in respect of production, prices, operating costs, results, capital expenditures, reserves and resources, and are or may be based on assumptions and estimates related to future technical, economic, market, political, social and other conditions. Ausmon Resources Limited disclaims any intent or obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise. All forward-looking statements made in this presentation are qualified by the foregoing cautionary statements. Investors are cautioned that forward-looking statements are not guarantees of future performance and accordingly investors are cautioned not to rely on forward-looking statements due to the inherent uncertainty therein. The information in this presentation relates to exploration results and is based on information compiled by Dr Pieter Moeskops, Member of the Australasian Institute of Mining and Metallurgy. Dr Moeskops has sufficient experience that is relevant to the style of mineralisation and type of deposits under consideration and to the activities 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. Disclaimer
  3. 3. Ausmon - 6 Tenements in NSW, Australia
  4. 4. Koonenberry ELs 6424, 6400 and 6464 (Wertago/Nuntherungie) (Grasmere/Peveril)
  5. 5. Grasmere – Peveril Cu- Zn- (Ag) mineralisation over 300 historic holes
  6. 6. EL6400 – Ausmon – 2011- 4 diamond drill holes Hole No Intersection, m Length m Cu % Zn % Ag g/t Au g/t From to ADD01 254.00 257.33 3.33 3.33 0.44 7.3 0.08 ADD02 158.20 158.40 0.20 3.17 0.31 5.2 0.04 ADD04 268.81 269.54 0.73 4.81 0.80 10.1 0.15
  7. 7. Ausmon Hole ADD01-- cross section
  8. 8. Ausmon Hole ADD04 cross section
  9. 9. Mapped WNW Extensions to Grasmere-Peveril-EL6400
  10. 10. EL6400 – WNW extension near Wilandra station 200m
  11. 11. Koonenberry Project – EL6400 – Drill Core-ADD-01 massive pyrite with lesser chalcopyrite and sphalerite
  12. 12. EL6400 – Sulphide mineragraphy
  13. 13.   Besshi & Cyprus VHMS features evident, but   Is very continuous over some 5 to ? 10 km   No evidence of stockworks, exhalative horizons, or chimney debris—ie normal VHMS features   The lode locally transects stratigrapy (K. Mills, pers comm)   ? High T sulphide sheet- remobilised along a low angle fault—deformational features, cataclasis, etc   No pyrrhotite, or galena evident EL6400 –Origin of sulphides in line of lode
  14. 14. Koonenberry Project – EL6424 – Wertago- Nuntherungie geology Geological Map of the Nuntherungie Silver Field and Wertago Copper Field, EL 6424 (K.J. Mills, September 2010)
  15. 15. Koonenberry EL6424 – Location
  16. 16. Nuntherungie 425 gravity stations at 250m- over geology
  17. 17. Nuntherungie – Residual Bouguer gravity targets
  18. 18. Pooraka- ELs 7564,6413 - Geology Possible NNW extensions to Mt Boppy Gold Mine (directly south), reflected in Au anomalies and mineralisation. Low grade Au- Pb-Zn mineralisation noted in areas 3, 4 and 5
  19. 19. Pooraka- ELs 7564, 6413 – Magnetic palaeochannels
  20. 20. Pooraka- ELs 7564,6413 – TDEM target areas
  21. 21. Cumnock- EL 6417 – Geology and Targets
  22. 22. Cumnock- EL 6417 – Hole 1A and 1B
  23. 23. Cumnock- Hole 1A – Cross Section- Geochem High Cu & Ag values with high spot Sn and Zn values
  24. 24. Cumnock- EL 6417 – Cross Section Hole 1 A
  25. 25. Cumnock- EL 6417 – Cross Section Hole 1 B
  26. 26. ACTION-- Next 6 to 12 Months   Cumnock EL 6417—Undertake drilling of best Cu-Ag-(Au)- (Sn) Targets—2 or 3X 120m RC holes. Est $80K. Good results expected. Hone skarn targets using magnetic data.   Koonenberry EL 6400. RC drill 3 or 4 broader targets along the WNW extensions. Est total $100K.   Pooraka Els--Undertake TDEM survey. Drill test any conductors. Est $80K.   Nuntherungie EL 6424. Undertake deep drilling of gravity targets—2 or 3 X 400-450m holes. Est $150K.   Grasmere-Peveril-Seek partner to upgrade/evaluate Cu- Zn-(Ag)-resource--now 5.75mt @ 1.03%Cu, 0.35%Zn, 2.2g/t Ag, 0.05g/t Au.
  27. 27. Acknowledgements   The Author wishes to thank the Directors of Ausmon Resources Limited, viz;   Boris Patkin (Non-executive Director – Chairman)   John Wang (Managing Director/Company Secretary)   Gang Zheng (Executive Director)   Liubao Qian (Director)