REIS 2013 Broken Hill - Thomson Resources ASX:TMZ


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The 3rd annual Resources & Energy Investment Symposium (REIS) is on 19-22 May, once again held in the unique city of Broken Hill; Last year’s event exceeded the expectations of all that attended - including over 350 delegates, 12 keynote speakers and more than 30 resource companies presenting their investment opportunities.

A focus for this year’s symposium will be on the current economic climate including its challenges and opportunities, not only in the Australian resources industry, but Australia’s position in the international market.

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REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

  1. 1. Broken Hill - Resources & Energy Investment Symposium 2013Discovering new mineralsystems in Western NSWDiscovering new mineralsystems in Western NSW
  2. 2. Disclaimer2The information contained in this presentation has been prepared byThomson Resources Limited (TMZ).This presentation and the information contained in this notice is not arecommendation, offer or invitation by any person to sell or apply forsecurities in TMZ in any jurisdiction and none of this presentationdocument or its contents shall form the basis of any contract orcommitment.This presentation is not a disclosure document under Australian lawor under any other law. It is for information purposes only.Accordingly, this presentation document neither purports to beexhaustive nor contain all of the information which a prospectiveinvestor or you may require to make an investment decision and itdoes not contain all of the information which would otherwise berequired by Australian law or any other law to be disclosed in aprospectus. Any invitation or offer to apply, buy or subscribe forsecurities in TMZ will only be made or extended through a disclosuredocument lodged with the Australian Securities and InvestmentsCommission in the event that any such invitation or offer proceeds.This presentation has been prepared in good faith, but norepresentation or warranty, express or implied, is made as to thefairness, accuracy, completeness, correctness, reliability or adequacyof any statements, estimates, opinions or other information, or thereasonableness of any assumption or other statement, contained inthe presentation (any of which may change without notice). To themaximum extent permitted by law, TMZ and its directors, officers,partners, employees, advisers and agents and any other personinvolved in the preparation of the presentation disclaim all liability andresponsibility (including without limitation any liability arising fromfault or negligence) for any direct or indirect loss or damage whichmay arise or be suffered through use or reliance on anythingcontained in, or omitted from, the presentation.No representation or warranty, express or implied, is given as to thefairness, accuracy, completeness, likelihood of achievement orreasonableness of any forecasts, prospective statements or returnscontained in the presentation. Such forecasts, prospective statementor returns are by their nature subject to significant uncertainties andcontingencies. You should make your own independent assessmentof the information and take your own independent professional advicein relation to the information and any action taken on the basis of theinformation.Any such forecast, prospective statement or return contained in thepresentation has been based on current expectations about futureevents and is subject to risks, uncertainties and assumptions thatcould cause actual results to differ materially from the expectationsdescribed.TMZ does not have any responsibility or obligation to inform you ofany matter arising or coming to their notice, after the date of thispresentation document, which may affect any matter referred to in thepresentation. You must not rely on the presentation provided butmake your own independent assessment of the presentation andseek and rely upon your own independent taxation, legal, financial orother professional advice in relation to the presentation. Thepresentation is not intended to constitute financial product advice anddoes not take into account your investment objectives, taxationsituation, financial situation or needs.The distribution of this presentation in other jurisdictions including(without limitation) the United States, Canada and Japan (or to anyresident thereof) may be restricted by law and therefore persons intowhose possession this presentation comes should inform themselvesof and observe any such restrictions. Any failure to comply with theserestrictions may constitute a violation of the securities laws of anysuch jurisdiction.The Shares have not been, and will not be, registered under the USSecurities Act or under any of the relevant securities laws of any stateof the United States or of Canada or Japan. Accordingly, unless anexemption under such act or laws is applicable, TMZ Shares may notbe offered, sold or delivered directly or indirectly in or into the UnitedStates, Canada or Japan.Competent Person StatementThe information in this report that relates to Exploration Results,Mineral Resources or Ore Reserves is based on information compiledby Eoin Rothery, (MSc), who is a member of the Australian Instituteof Geoscientists. Mr Rothery is a full time employee of ThomsonResources Ltd. Mr Rothery has sufficient experience which isrelevant to the style of mineralisation and type of deposit underconsideration and to the activity which he is undertaking to qualify asa Competent Person as defined in the 2004 Edition of the“Australasian Code for Reporting of Exploration Results, MineralResources and Ore Reserves”. Mr Rothery consents to the inclusionin the report of the matters based on his information in the form andcontext in which it appears.
  3. 3. Currently drillingByrock Projecto Mulga Tank copper prospectGhostriderProject:o IP at the Bulla Bulla Pb-Zn-Aggeochemical anomalyWarraweena – Porphyry Cu-Aupotential3F1 - The largest most intensemagnetic anomaly in theundercover Thomson fold belt
  4. 4. Intrusion Related Gold Model4New deposit modelPipe like geometryHas essentialgoldAssociatedwith pathfinderelements - bismuth, tin,tungsten,arsenic, copper,lead, zinc, silverSheeted vein systems;commonly in or above theintrusion roof
  5. 5. Intrusion Related Gold Examples5Yukon:Dublin Gulch – 3 million ozs goldRed Mountain – 2 million ozs goldBrewery Creek – 1.2 million ozs goldAlaska:Donlin Creek – 23 million ozs gold (10th largest global gold deposit)Livengood– 20.6 million ozs gold (31st largest)Pogo – 4.8 million ozs goldFort Knox – 4.1 million ozs goldQueensland:Kidston – 4.5 million ozs goldMt Leyshon – 3.2 million ozs goldSources: Baker et al. Economic Geology 2006; Thompson et al. Min Deposita 1999; SEG News Oct 12;International Tower Hill Mines website; Golden Predator website; Victoria Gold website.
  6. 6. Magnetic Signature – Yukon610km= These are all IRG mineralisedsystems including two +1Moz AuBrewery Creek MineRedMountainProject
  7. 7. Magnetic signature - Cuttaburra IRG Field7and these are IRGs too!
  8. 8. 8Cuttaburra IRGs discoveredNew IRG mineral field discovered–eight systemsso far with just 13effective drill holesHigh grades of up to 3.7 g/t gold, 4%zinc, 113 g/t silver, 0.5% copper, 0.8%tin, 0.6% tungsten,0.9% lead in initialdrillingAll eight bulls-eyemagnetic anomaliesdrilled are large, mineralisedhydrothermal systemsShallower targets identified for followup drilling“Ore grade” material found for thefirst time in 2011 (but deep at 400m)
  9. 9. Where to next? F1 prospect9New deposit model – intrusionrelated gold (IRG)Possiblelarge buried granitebelow F1Peripheral anomalies F3, F17are mineralisedF1 – Drilled – May 2013• Large, ring-type magneticanomaly• Central position to buriedintrusion• Linear alignmentwith F3and F10• Shallow cover ~100m = RCtarget
  10. 10. Where to next? F1 prospect10Three holes drilled May 2013 –to provide vectorModel correct: Graniteintersected in all threeSimilar alteration to that seenat the Cuttaburra IRGsQuartz-carbonatestacked veinsystems with pyrrhotite,pyrite,chalcopyriteand galenaCore cutting to be done; thenlaboratory assays; resultsexpected June-July 2013
  11. 11. Strong geochemicalanomaly in shallowdrilling (BHP 1984)Lead up to 1.2%(2m width at 14mdepth), zinc, copper,silver alsoanomalous11Four holes drilled onthree strong IPanomaliesGhostrider ProjectOne hole tocomplete; assaysexpected in June
  12. 12. Porphyry copper-goldtypetarget – current drillingNewcrestexploration – 3effective holes in 2005Following up reported 1% Cu12Chemistry on Newcrestholesshows Macquarie Arcshoshonitic-typeAnomalous zinc, copper, andgold in cover rocksPorphyry Cu-Au Target: WarraweenaTarget – magnetic low: potassicalteration?Magnetitedestructionand pyrrhotite (+/-Cu) mineralisation?Current Drilling
  13. 13. Gossans on surfaceover 500mVisible chalcopyrite-copperAssays up to 0.13% Cu13Left large gapDrilled in 1971 –2 holesByrock Project - Mulga Tank ProspectPotentialfor steepore zone
  14. 14. Corporate Overview14Capital StructureASX Code: TMZShares on Issue: 70.2 millionMarket Cap: $2.8 millionShare Price: $0.035 - $0.07(52 Week low/high)Cash at bank: $1.8 million (17 May 13)Debt – NilEmployees - 2ShareholdersPlatSearchNL: 25.6%Van Der Horst Energy:14.2%Minotaur Exploration: 14.2%Top 20 shareholders:7030 Top 20Other
  15. 15. Target concept proved – new mineralfield discovered15Positive Investment StrategyCurrently drilling – results expected June -JulyStrong portfolio in well endowed CobarregionCash on hand allows additional projectassessmentExperienced and skilled board andmanagement team
  16. 16. BoardXLindsay Gilligan – ChairmanFormer Director of the GeologicalSurvey NSWEoin Rothery – CEOFormer MD of India Resources (Surda Copper Mine)and GM Exploration for ConsolidatedMinerals (Woodie Woodie Mn)Greg Jones – Non Executive DirectorMD of PlatSearch, former senior geologicalpositions in Sino Gold and CBHTony Belperio – Non Executive DirectorExploration Director for Minotaur Exploration: AMEC “Prospectorof theYear 2003” in recognitionof Prominent Hill discoveryIvo Polovineo – Company SecretaryFormer Secretary and CFO for Sino Gold