African Focus – Aussie Know HowAllan MulliganMay 2013
2www.wkt.com.auAcquire and Explore SpecialistsASX listed resource company (WKT) with large coal asset inBotswana and prosp...
3www.wkt.com.auKigoma Copper(earning ~ 80%)• Tanzania – near rail line andlake access• Copper in Lake Lava Series• Geologi...
4www.wkt.com.auGrowth Strategy – Low Capex, Early Cash FlowTargetGenerationExplorationResourceDefinitionPre-FeasibilityFea...
5www.wkt.com.auTakatokwane Coal - Botswana’s LargestLocated next to sealed highway 195kmfrom Gaborone – WKT earning 67%Loc...
6www.wkt.com.auKigoma Copper - African OpportunityCurrently 5 separate Agreements intoknown copper areaExtensive artisinal...
7www.wkt.com.auCurrent Galena Transport SystemWidespread coppermineralisation of a multiphaseorigin in lava and basalt flo...
8www.wkt.com.auEarly Comparisons with MichiganMICHIGAN COPPER DISTRICT(Producer of 7 million tonnes copper metal between18...
9www.wkt.com.auLava LookalikesPhoto of lava (amygdaloid) samplesfrom Kigoma Copper ProjectPhoto of lava (amygdaloid) sampl...
10www.wkt.com.auEncouraging GeologyCopper and silver mineralisationdistributed throughout lava flow with aconcentration of...
11www.wkt.com.auEarly XRF – Selected Specimens* Hand Specimens measured with XRF machineMineralisation Cu(%) Ag(ppm) Co (p...
12www.wkt.com.auMineralisation 1 – Azurite in fine basaltMineralisation 4 – Massive galena in vein Mineralisation 3 - Mala...
13www.wkt.com.auMakete PGEHistorical Result - 17.6m at 4.9g/t2PGE+Au intersected in drill holeNDH014, (including 1.7m @ 26...
14www.wkt.com.auCatalyst EventsWork ProgramTakatokwane Coal ProjectIndicated ResourcePre-Feasibility StudyDecision Point 1...
15www.wkt.com.auAfrican Focus – Management SkinTop TwentyCorporate OverviewTotal Ordinary Shares 670mUnlisted Options 21mP...
16www.wkt.com.auSkilled and Experienced LeadershipGeorge Kenway Allan Mulligan Geoff Wallace Peter Batten Nathan Jombwe Br...
17www.wkt.com.auWhy Invest?WKT is a small junior explorer that can operate efficiently and cost effectivelyKigoma Copper c...
18www.wkt.com.auDisclaimer – Competent PersonsForward-Looking StatementsThis presentation includes certain “Forward-Lookin...
ClosingWALKABOUT RESOURCES LTDLevel 3, 681 Murray Street WA 6005 AustraliaPO Box 263 West Perth WA 6872 AustraliaT: +61 8 ...
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Investor Presentation Walkabout Resources (ASX:WKT) May 2013

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Investor Presentation for Walkabout Resources (ASX:WKT) May 2013

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Investor Presentation Walkabout Resources (ASX:WKT) May 2013

  1. 1. African Focus – Aussie Know HowAllan MulliganMay 2013
  2. 2. 2www.wkt.com.auAcquire and Explore SpecialistsASX listed resource company (WKT) with large coal asset inBotswana and prospective coal, copper and PGE projects inTanzaniaHighly prospective copper play with up to 20% Cu in oxidegrades and sulphide nickel and copper prospects6.9 billion tonne thermal coal Inferred Resource currentlyunder Pre- Feasibility Study (WKT earning ~67%)PGE project at Makete in Tanzania with 17m @4,9g/t PGE+Au
  3. 3. 3www.wkt.com.auKigoma Copper(earning ~ 80%)• Tanzania – near rail line andlake access• Copper in Lake Lava Series• Geological Clone of PortageLake Lava series of Michigan• Oxide grades of up to 20%Cu• Large scale mineralisedprovinceMakete Platinum(100%)• Tanzania – Brownfieldssite• Some 70 holes drilled• High grade PGE tenorunlike Bushveld• 17m @ 4,9g/t with 1,7m@ 26,8g/tThree High Quality AssetsTakatokwane Coal(earning ~67%)• Botswana – on future rail• 7 bn tonnes InferredResource• 748 mn tonnes IndicatedResource• Upgradeable to RichardsBay Export• Currently under Pre-Feasibility Study• Subject to RailInfrastructure
  4. 4. 4www.wkt.com.auGrowth Strategy – Low Capex, Early Cash FlowTargetGenerationExplorationResourceDefinitionPre-FeasibilityFeasibilityOperatingMineKigomaCopperMaketePlatinumTakatokwaneCoalLindiCoal
  5. 5. 5www.wkt.com.auTakatokwane Coal - Botswana’s LargestLocated next to sealed highway 195kmfrom Gaborone – WKT earning 67%Located on planned Trans Kalahari Rail orplanned Transwana Rail6,88 billion tonnes in Inferred ResourcePre-Feasibility Study for “Starter Mine”underwaySignificant coal market activity betweenSouth Africa and Botswana
  6. 6. 6www.wkt.com.auKigoma Copper - African OpportunityCurrently 5 separate Agreements intoknown copper areaExtensive artisinal activity with manyPML’s being worked with oxide copperore trucked to Kigoma and railed to asmelter in Dar es SalaamMassive Galena (Lead) outcrop beingworkedNo historical, organised or formalexploration
  7. 7. 7www.wkt.com.auCurrent Galena Transport SystemWidespread coppermineralisation of a multiphaseorigin in lava and basalt flowsand breccias with sulphides inquartz hosted veinsGeological setting containscritical redox horizons thatcharacterise Lake Michigan andKamoa depositsArea has outcrop of reducedpyrite bearing sediments cappinga thick sequence of red-beds –potential host horizon andsource of copper – Same asZambian – Congo Roan BeltTwo distinct project areas –localised copper in oxide6km and regional projectseeking links to sulphidemineralisation and DRCmodelSoil sampling establishedthree anomalous trendsacross localised project areaTrenching and shallowdrilling to commence inMay/June 2013
  8. 8. 8www.wkt.com.auEarly Comparisons with MichiganMICHIGAN COPPER DISTRICT(Producer of 7 million tonnes copper metal between1850 and 1990) 4 mineral zones with multiplepulses; Volcanic lava (Amygdules), Breccia, Quartz veins with Galena Native Copper Emerges from a large lake (LakeSuperior) Commercial grade mineralisationfound in lava series Silver (Ag) associated with CuKIGOMA COPPER PROJECT 4 mineral zones with evidenceof multiple pulses; Volcanic lava (Amygdules), Breccia, Malachite in basalt Quartz veins with Galena Emerges from a large lake (LakeTanganika) Lava series grade appears to bearound 4% Cu Silver (Ag) associated with Cu(Up to 100g/t)
  9. 9. 9www.wkt.com.auLava LookalikesPhoto of lava (amygdaloid) samplesfrom Kigoma Copper ProjectPhoto of lava (amygdaloid) samplesfrom Keeweenaw Peninsular,Michigan Copper. Producer of 7million tonnes of copper metalbetween mid 1800’s and 1990.
  10. 10. 10www.wkt.com.auEncouraging GeologyCopper and silver mineralisationdistributed throughout lava flow with aconcentration of malachite along topcontactPhoto from Kigoma of Amygdloid lavawith copper in flat, tabular formationMore tabular lava flows have beendeposited below
  11. 11. 11www.wkt.com.auEarly XRF – Selected Specimens* Hand Specimens measured with XRF machineMineralisation Cu(%) Ag(ppm) Co (ppm) Ni(ppm)Amygdule Specimen 1.86 <LOD <LOD 185.00Basalt 17.87 59.00 <LOD <LODAmygdule Specimen 25.06 16.00 1634.00 497.00Amygdule Specimen 12.14 25.00 <LOD <LODBreccia 5.49 <LOD 235.00 117.00Basalt 7.05 130.00 <LOD <LOD
  12. 12. 12www.wkt.com.auMineralisation 1 – Azurite in fine basaltMineralisation 4 – Massive galena in vein Mineralisation 3 - Malachite in brecciaMineralisation 2 - Malachite in amygdaloid basalt
  13. 13. 13www.wkt.com.auMakete PGEHistorical Result - 17.6m at 4.9g/t2PGE+Au intersected in drill holeNDH014, (including 1.7m @ 26.8 g/t)) in2005.Significant and widespread enrichmentof Pt, Pd and Au occurs within largemafic and ultra-mafic body.7 holes recorded intersections in excessof 1m at +3.5g/t 2 PGE+Au.Summary of Selected Intersections - Makete PGE ProjectHole From Interval 2 PGE+AuNo. m m (g/t)DD3 207.0 1.0 3.27DD9 22.6 1.0 3.55DD14 256.2 17.6 4.93DD14 258.6 1.7 26.82DD14 269.5 1.5 10.11DD18 204.7 2.0 5.13DD18 219.8 2.0 7.01DD22 88.5 2.0 5.57
  14. 14. 14www.wkt.com.auCatalyst EventsWork ProgramTakatokwane Coal ProjectIndicated ResourcePre-Feasibility StudyDecision Point 1BFSEarly WorksDecision Point 2Expansion Phase 2Strategic PartnershipKigoma Copper ProjectAcquisitions and JVsField SurveysDrilling Wet WetResource DefinitionPre-Feasibility StudyMakete PGE ProjectResource StudiesModellingAcquire PartnerTargeted Drilling WetPre-Feasibility StudyPossible Catalyst Events2014 2015Investment into WKT Coal by Others…?Drilling DrillingDrillingBotswana RailwayStrategic Partnership2013Drilling DrillingPartners Resource DefAnnouncement of Railway by Others? Design and Construct by Others
  15. 15. 15www.wkt.com.auAfrican Focus – Management SkinTop TwentyCorporate OverviewTotal Ordinary Shares 670mUnlisted Options 21mPrice at 12/04/2013 ~ $0.02cMarket Cap at 12/04/2013 ~ $11mCash on Hand (end of March Qtr) ~ $2.2mEnterprise Value $8.2mShareholders 1,530Top 20 Shareholders 40%Board and Management ~ 29%
  16. 16. 16www.wkt.com.auSkilled and Experienced LeadershipGeorge Kenway Allan Mulligan Geoff Wallace Peter Batten Nathan Jombwe Bruce WhiteChairman Managing Director Executive Director Independent, Non Exploration Manager Project ManagerCompany Secretary Executive DirectorGeophysicist Mining Engineer Accountant Geologist Geologist Engineer, PMPASX experience Large company exp ASX experience ASX experience Large company exp Large project expAfrican experience African experience African experience African experience Base Metals exp African experienceTanzania Tanzania Tanzania South America Tanzania Construction exp
  17. 17. 17www.wkt.com.auWhy Invest?WKT is a small junior explorer that can operate efficiently and cost effectivelyKigoma Copper could be a new Copper-Field of considerable scale and valueWKT is WELL POSITIONED to capitalise on the expanding Southern African andinternational coal marketTakatokwane will interest international thermal coal playersThe diversification will reduce commodity risk and provide a broader platform forgrowthThe PGE project will interest majors as the market recoversA RE-RATING Catalyst could occur at any time
  18. 18. 18www.wkt.com.auDisclaimer – Competent PersonsForward-Looking StatementsThis presentation includes certain “Forward-Looking Statements.” All statements, other than statements of historical fact, includedherein, including without limitation, statements regarding forecast cash flows and potential mineralisation, resources and reserves,exploration results and future expansion plans and development objectives of Walkabout Resources Limited are forward-lookingstatements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurateand actual results and future events could differ materially from those anticipated in such statements.Competent Person – Dr Ian D. BlaydenInformation in this announcement above relating to Coal Resources at Takatokwane is based on information compiled by Dr Ian D.Blayden of Geological and Management Resources Pty Ltd which provides geological consulting services to Optiro Pty Ltd. DrBlayden is a Member of the Australasian Institute of Mining and Metallurgy and has sufficient experience which is relevant to thestyle of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as aCompetent Person as defined by the 2004 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resourcesand Ore Reserves”. Dr Blayden consents to the inclusion in the document of the information in the form and context in which itappears.Competent Person – Mr Alan GoldingThe information in this announcement that relates to exploration results at Takatokwane South is based on data compiled by MrAlan Golding who is a member of the South African Geological Society, the South African Institute of Engineering Geologists and aFellow of the Geological Society of London. Mr Golding has sufficient experience relevant to the style of mineralisation and the typeof deposit under consideration to qualify as a competent person as defined in the 2004 edition of the Australasian Code for theReporting of Exploration Results, Mineral Resources and Ore Reserves. Mr Golding consents to the inclusion in this announcementof the matters based on his information in the form and context in which they appear.
  19. 19. ClosingWALKABOUT RESOURCES LTDLevel 3, 681 Murray Street WA 6005 AustraliaPO Box 263 West Perth WA 6872 AustraliaT: +61 8 6298 7511 E: allanm@wkt.com.au

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