Investor Presentation
March 2013
Geoff McDermott – Managing Director ASX Code: NML www.navarre.com.au
Investor Presentation March 2013 Geoff McDermott Managing Director - - PowerPoint PPT Presentation
Investor Presentation March 2013 Geoff McDermott Managing Director ASX Code: NML www.navarre.com.au Forward-looking statement & disclaimer The information contained in this presentation has been provided by Navarre and other sources
March 2013
Geoff McDermott – Managing Director ASX Code: NML www.navarre.com.au
The information contained in this presentation has been provided by Navarre and other sources identified herein. No representation or warranty, express or implied, is made by Navarre or any adviser or any of their respective affiliates or representatives as to the accuracy or completeness of such information. Nothing contained in this presentation is or shall be relied upon as, a promise or representation by any of Navarre or any such advisers, their respective affiliates or representatives. The information contained in this presentation is for informational purposes only and is not a recommendation as to whether to invest in Navarre shares. The information contained in this presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. The presentation has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. Unless otherwise specified, data and tables set out in this presentation are based on Navarre management estimates. No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of Navarre or its directors, or any of their employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising out of fault of negligence, for any loss arising from the use of the information contained in this presentation. In particular, no representation or warranty, express or implied is given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness or any forecasts, projections, prospects or returns contained in this presentation nor is any obligation assumed to update such information. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies. Past performance is no guarantee of future performance. This presentation includes “forward-looking statements” within the meaning of securities laws of applicable jurisdictions. Forward-looking statements can generally be identified by the use of forward-looking words such as “may”, “will”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “continue”, “objectives”, “outlook”, “guidance” or other similar words, and include statements regarding certain plans, strategies and objectives of management and expected financial performance. These forward-looking statements involve known and unknown risks, uncertainties and other factors, many of which are outside the control of Navarre and any of its officers, employees, agents or associates. Actual results, performance or achievements may vary materially from any projections and forward-looking statements and the assumptions
information. The contents of this presentation are strictly confidential and must not be photocopied, reproduced, disclosed or distributed to any other person without the prior written consent of Navarre.
Competent Person’s statement
The information in this presentation that relates to Exploration Results, Mineral Resources and Exploration Potential is based on information compiled by Mr Wessley Edgar. Mr Edgar is an employee of Navarre Minerals Limited, is a member of the Australasian Institute of Mining and Metallurgy and is a Competent Person under the definition of the 2012 JORC Code. The Exploration Potential described in this Presentation is conceptual in nature, and there is insufficient information to establish whether further exploration will result in the determination of a Mineral Resource. Mr Edgar consents to the publication of this information in the form and content in which it appears.
ASX Code: NML www.navarre.com.au
Navarre Minerals is a Victorian based resources company exploring for gold & base metals deposits within emerging and proven mineral corridors
Exposure to gold, copper base metals growth Extensive tenement position Two potential large discoveries:
Priority 1 - Tandarra Gold prospect, an emerging gold district under cover Priority 2 - Eclipse copper-gold porphyry prospect, under- explored emerging Andean-style magmatic arc
Key projects 100% owned (earning 75%
Raydarra & Sebastian)
$1.1 million cash position (Dec 31, 2012) Active work programs with strong news flow
January 2013
– 80m deep)
controlling fault – NML has 35km of strike
highway, daily rail service, workforce
Source: Victorian Department of Primary Industries, Gold Undercover Initiative 2007
Bendigo
uncovers multiple lines of quartz reef
directions
understanding of true gold grades
4 km
Raydarra (earning 75%) Tandarra (100%)
170.0 145.0 120.0 95.0 70.0 45.0 20.0 Depth to top of basement (m) September 2012
Raydarra & Tandarra Depth to Basement Showing all drilling
Gravity image
Tomorrow & Macnaughtan lines
mineralised quartz close to surface
established lines
Bendigo Goldfield’s Sheepshead Line at same scale
Dingee Rd Area to drill
Drilled October-November 2012 800 m
Un-tested for repetitions
Macnaughtan Line
Dingee Rd Area to drill
Drilled October-November 2012
Tested for shallow repetitions Un-tested for repetitions or fold reversals
850 m
Alluvial gold sheet and palaeo-drainages
700 m Existing stockwork of gold mineralisation
Tomorrow Line
South North South North
March 2013
* See Navarre’s ASX releases dated 16 Jan 2013, 17 October 2012, 26 July 2012 & 28 October 2011
HOLE ID EASTING (MGA94) NORTHING (MGA94) DIP AZIMUTH (MGA94) FINAL DEPTH (m) FROM (m) TO (m) INTERVAL (m) GOLD (g Au/t) TARGET RCT001 246882 5972742
090 104 71.0 87.0 16 1.1 Tomorrow Line RCT006 246893 5972731
090 159 35.0 59.0 24 2.5 Tomorrow Line includes 45.0 57.0 12 4.9 RCT028 247018 5972419
090 102 73.0 85.0 12 1.8
Tomorrow Line includes 79.0 84.0 5 3.9 RCT042 246928 5972751
270 90 60.0 79.0 19 1.1 Tomorrow Line includes 66.0 67.0 1 7.5 RCT043 246916 5972749
270 84 53.0 71.0 18 1.0 Tomorrow Line RCT045 246903 5972754
270 66 27.0 44.0 17 1.1 Tomorrow Line includes 35.0 43.0 8 2.0 RCT046 246965 5972750
270 102 87.0 94.0 7 1.9 Tomorrow Line RCT050 246843 5972929
270 102 44.0 48.0 4 9.4 Tomorrow Line includes 44.0 45.0 1 33.6 RCT051 246830 5972929
270 60 20.0 46.0 26 1.0 Tomorrow Line includes 22.0 36.0 14 1.5 RCT062 246994 5972629
270 150 35.0 46.0 11 2.0 Tomorrow Line includes 41.0 45.0 4 4.5 RCT063 246978 5972629
270 120 18.0 22.0 4 9.2 Tomorrow Line includes 20.0 21.0 1 30.9 RCT069 247068 5972416
270 84 77.0 79.0 2 5.5 Tomorrow Line RCT095 246919 5972826
270 113 83.0 100.0 17 1.0 Tomorrow Line RCT096 246894 5972846
270 108 58.0 81.0 23 1.0 Tomorrow Line RCT097 246879 5972833
270 101 54.0 61.0 7 3.0 Tomorrow Line includes 54.0 55.0 1 14.9 DDT001 246889 5972825
270 151.2 20.1 49.2 29.1 1.6 Tomorrow Line includes 20.1 21.4 1.3 18.1 ACT015 246898 5972750
000 60.0 37.0 47.0 10 34.4 Tomorrow Line includes 37.0 39.0 2 161.2 ACT151 246484 5973240
000 99.0 69.0 73.5 4.5 23.1 Macnaughtan Line includes 69.0 70.5 1.5 59.2 ACT172 246549 5973032
000 96.0 46.5 49.5 3 8.8 Macnaughtan Line
Under-explored volcanic province containing multiple Andean-style gold and base metals targets
shallow cover
volcanics identified from geophysics
porphyry system identified at Eclipse prospect
Zn and 0.1g Au/t from 1.3m below surface ending in mineralisation indicates proximity to high-grade porphyry core at Eclipse
Potential porphyry copper-gold system
700m) demagnetised feature co-incident with gravity low & anomalous base metal geochemistry
distinct zones around mineralised core & can provide vectors to high grades
is common feature in margins of many porphyry copper-gold deposits
* See Navarre’s December 2010 prospectus
Conceptual porphyry copper-gold model
in porphyry system to vector towards high-grade. Assays pending
9 km Under Cover Gold Potential
Bendigo Goldfield Sebastian Goldfield
(187,000 ozs past production)
recent Navarre drilling - 16.9m @ 5.5g Au/t from 66m down-hole in DDK001
gold, silver and minor lead mined
targets
60 m 1.1 km
BENDIGO NORTH GOLD PROJECT
DELAMERIAN BASE METALS – GOLD PROJECT
transitional sulphide) & petrography
program over geophysical targets LANDSBOROUGH FAULT GOLD PROJECT
Landsborough Fault
program
Navarre pilot plant – March 2013
Combined 60 years of exploration and operational experience in Victoria and track- record of bringing projects into production
Kevin Wilson
John Dorward
Colin Naylor
Geoff McDermott
Jane Nosworthy
Navarre management team
Wess Edgar
Jodi Ford
Marlene Erard
Daniel Braunsteins - Exploration Geologist Sam Bibby
(Owner of Fosterville and Stawell Gold Mines)
along strike from 22Moz Bendigo Goldfield Testing the potential of a large, shallow porphyry copper-gold system at Eclipse 100% key project ownership - earning 75% Raydarra & Sebastian Experienced & focussed exploration team $1.1 million cash at bank as at December 31, 2012 Active work programs with strong news flow