REIS 2013 Broken Hill - Minotaur Exploration ASX:MEP

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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 - Minotaur Exploration ASX:MEP

  1. 1. Copper-Gold ExplorationIAN GARSED General Manager ExplorationResources and Energy Symposium, Broken Hill 20 May 2013
  2. 2. DisclaimerThis presentation has been prepared by the management of Minotaur Exploration Limited (ASX: MEP) for the general benefit of analysts, brokers and investors and doesnot constitute specific advice to any particular party or persons. Information herein is based on publicly available information, internally developed data and othersources. Where an opinion, projection or forward looking statement is expressed in this presentation, it is based on the assumptions and limitations mentioned hereinand is an expression of present opinion only. No warranties or representations are made or implied as to origin, validity, accuracy, completeness, currency or reliability ofthe information. MEP specifically disclaims and excludes all liability (to the extent permitted by law) for losses, claims, damages, demands, costs and expenses of whatevernature arising in any way out of or in connection with the information, its accuracy, completeness or by reason of reliance by any person on any of it. Where MEPexpresses or implies an expectation or belief as to the success of future exploration and the economic viability of future project evaluations, such expectation or belief isexpressed in good faith and is believed to have a reasonable basis. However, such projected outcomes are subject to risks, uncertainties and other factors which couldcause actual results to differ materially from projected future results. Such risks include, but are not limited to, exploration success, metal price volatility, changes tocurrent mineral resource estimates or targets, changes to assumptions for capital and operating costs as well as political and operational risks and government regulatoryoutcomes. MEP disclaims any obligation to advise any person if it becomes aware of any inaccuracy in or omission from any forecast or to update such forecast.The term “Exploration Target” should not be misconstrued as an estimate of Mineral Resources and Reserves as defined in the JORC Code (2004), and the term has notbeen used in that context. The term is conceptual in nature and it is uncertain if further exploration will result in the determination of a Mineral Resource. Refer Clause18 of the JORC Code (2004).Information in this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Dr A.P. Belperio, who is a Director and full-time employee of the Company and a Fellow of the Australasian Institute of Mining and Metallurgy. Dr A.P. Belperio has a minimum of 5 years experience, which is relevant to the style of mineralisation and type of deposit under consideration and tothe activity that he is undertaking, to qualify as a Competent Person as defined in the 2004 Edition of the “Australasian Code for Reporting ofExploration Results, Mineral Resources and Ore Reserves”. Dr A. P. Belperio consents to inclusion in the presentation of matters based on hisinformation in the form and context in which it appears.Competent Person’s Statement
  3. 3. MEP: 67 tenements total >14,000 km2
  4. 4. DEM and TenementsBORDER PROJECT59.1 % SMMO:40.9% MEP 4 JV Tenements, 1 MEPtenement Explored for base metalsand Fe ore.
  5. 5. Solid Geology Interpretation RTP Total Magnetic IntensityExploration focus on base metals this year.Drill ready targets identified at Catch Dam, Lawson’s, Alanson’s Dam, Mingary.
  6. 6. Superimposed magnetic andgravity images and IP lines.Untested coincident gravity –booming IP target withanomalous gossanoussubcrop.BORDER JV ‘Catch Dam’ Copper - Gold Target1VD Magnetics with 1 VD gravity overlayGravity and IP Inversions
  7. 7. BORDER PROJECT Drilling plans have been frustrated byapproval and Native Title delays. No certainty of when access will begained. Considerable delay and expense toMEP results in focus on QLD, for now.
  8. 8. NorthparkesCloncurry, Qld, IOCG ProjectsCLONCURRY JV- JOGMEC 51%:MEP 49% 14 tenements, 515 km2.MEP 100% 24 tenements, 3357 km2: 13 granted, 11 applications. Tenements immediately bordering Ernest Henry, Eloise, and Osbornemines. All tenements are under thin (<200m) but highly conductive cover.Innovative geophysical techniques refined to “see through” ultra-conductive cover. Targeting:• sulphide-rich systems – Eloise Style• magnetite ± haematite IOCG systems – Ernest Henry• Shear / structurally controlled systems ± magnetite – Selwyn trend,Osborne/KulthorJOGMEC JVOsborne Project
  9. 9. Cloncurry JVInterpreted bedrock geologyNorth of Ernest Henry in the sameprospective terrain.100 to 200 m of conductive cover.Ernest HenryE1
  10. 10. Cloncurry JVNorth of Ernest Henry in the sameprospective terrain.100 to 200 m of conductive cover.Major deep crustal structures:• Adjacent and beneath Cormorant Trend• Along western margin• Link structures / shears similar to ErnestHenry at prospects like Cotswold.Interpreted bedrock geology & gravity wormsErnest HenryE1
  11. 11. Cloncurry JOGMEC JVCotswold Prospect100m of cover.High amplitude magnetic anomalies,gravity anomalies similar to ErnestHenry. Major NE trending structuralzone.MEP drilling in 2012 intersectedsignificant IOCG style alteration andlow-grade Cu over large downholewidth. MN12D29: 280m@0.11% CuWestern gravity and magneticanomaly has not been drilled.Adjacent previous hole intersectedIOCG alteration and low-grade Cu.1VD Gravity image1VD Magnetic imageTP002D 224.3m: magnetite +pyrite +amphibolealteration Part of 1m @ 0.4% Cu. Hole intersected14.5m@0.24% Cu; 30m@0.18% Cu.TP002D 231.25m: Pyrite +amphibole alteration, Part of 1m @ 6,800ppm Cu, 0.1ppm AuMN12D29 173.6m
  12. 12. Cloncurry, Qld, Osborne ProjectNumerous magnetic, gravitytargets associated with majorstructural intersections.Work so far has identifiedtargets at Osprey, Brolga,Wedgetail and Ibis.Geological domains & major structuresRTP magnetics and targets
  13. 13. Cloncurry, Qld, Osborne ProjectOsborneKulthor3D Magnetic model, IP chargeability (Ivanhoe plan, MEP sections).1 VD magnetics and IP anomaly locationsOsprey Target• IP chargeability anomalies directlyalong trend from Kulthor deposit
  14. 14. WE PLAN TO BE FLAT OUT!! Drilling Osborne, Cloncurry JV targetsstarting late this quarter Major geophysical surveys Cloncurry JV,Arthurville JV, followed by drilling Actively seeking gold and copperopportunities and JV partnersAcknowledgements:JOGMECSumitomo Metals Mining Oceania Pty LtdB. Charlton & MEP staff.

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