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JULY 2007 FORWARD LOOKI NG STATEMENTS This presentation contains - - PDF document
JULY 2007 FORWARD LOOKI NG STATEMENTS This presentation contains - - PDF document
JULY 2007 FORWARD LOOKI NG STATEMENTS This presentation contains forecasts and forward looking statements which are made in good faith and are believed to have reasonable basis. However, such forward looking statements are subject to risks,
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HI STORY
1984 beginning Aeromagnetic database second only to Rio Tinto Discoveries Magnetic Minerals listed 2000 Image listed July 2002 Meteoric listed July 2004 Magnetic listed April 2007
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DI RECTORS
- George Sakalidis:
Managing Director, geophysicist, 29 yrs exp.
- Roger Thomson:
Technical Director, geologist, 39 yrs exp.
- Peter Thomas:
Chairman, lawyer, 25 yrs exp.
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COMPANY STRUCTURE AND ASSETS
IMAGE FPO1 SHARES 6,000,000 Directors: Peter Thomas - Chairman Bonus FPO Shares 1:9 to Image s/h 8,200,000 George Sakalidis – Managing Director IPO FPO Shares (20c per share) 25,000,000 Roger Thomson – Exploration Director Total FPO Shares 39,200,000 ACN 121 370 232 Partly Paid Contributing Shares (20c unpaid)2 IPO Raising: $5 million Bonus 1:6 to Image s/h 12,300,000
1 fully paid ordinary 2 Application for quotation of fully paid converting and partly paid
contributing shares will not to be made within the first 24 mon after the Company is admitted to ASX. Directors & Consultants 6,500,000 Options to acquire FPO shares at 25 cents each on or before 30 months from date of ASX listing – Stockbrokers and supporters. 5,500,000
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HI GHLI GHTS
- Projects totalling 6,670sq km in the Yilgarn
Craton.
- Some 330km of interpreted, under-explored
greenstone belt.
- Ready to drill EM nickel targets at Binti and
Lake Percy.
- 14 projects soil sampled .
- 7 projects being RAB drilled
- 4 projects with encouraging geochem results
- Team members with histories of successful
project generation and discoveries.
- Focus on gold, nickel and uranium.
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FORRESTANI A - RAVENSTHORPE
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FORRESTANI A – RAVENSTHORPE AEROMAGNETI CS
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NEPEAN – BOORABBI N AEROMAGNETI CS
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EMI LY ANN – FLYI NG FOX AEROMAGNETI CS
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RAVENSTHORPE –NEWDEGATE AEROMAGNETI CS
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MAGNETI C RESOURCES
Binti Bore Aeromagnetics
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MAGNETI C RESOURCES Binti Bore Summary
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MAGNETI C RESOURCES
Binti Bore - BBC1 EM Modelling
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MAGNETI C RESOURCES
Binti Bore – BBC2 EM Modelling
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MAGNETI C RESOURCES
Binti Bore – BBC3 EM Modelling
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MAGNETI C RESOURCES
BBC3
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MAGNETI C RESOURCES
BI NTI BORE
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MAGNETI C RESOURCES
BI NTI BORE
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2m @ 0.6% Ni 2m @ 0.7% Ni (incl. 1m @ 0.9% Ni)
MAGNETI C RESOURCES
LAKE PERCY – MAGNETI CS RAB AND RC DRI LL HOLES
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MAGNETI C RESOURCES
LAKE PERCY AEROMAGNETI CS
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MAGNETI C RESOURCES
LAKE PERCY EM CONDUCTOR
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MAGNETI C RESOURCES
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MAGNETI C RESOURCES
URANI UM PROJECTS
- 5 Uranium targets selected from new
85,000km airborne survey
- Strong isolated responses ranging
between 11 ppm to 41 ppm UEq
- Occur in old drainage channels and salt
lake sediments
- Similar response to Yeelirrie uranium
(30 – 70 ppm UEq)
- Radiometric ground traverses and
sampling at Lake Seabrook and Yerritup
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MAGNETI C RESOURCES
URANI UM PROJECTS
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MAGNETI C RESOURCES
URANI UM TARGETS
THREE STAR LAKE LAKE SEABROOK
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MAGNETI C RESOURCES
URANI UM TARGETS
YERRI TUP BOYDELLS 26 MI LE ROCK
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SUMMARY
- Aggressive start to float with sampling
programmes at 11 projects waiting for Ni and Au assays
- Deep RC rigs being organised for Binti
and Lake Percy Ni sulphides EM targets
- 4 projects with encouraging geochem
- results. Two have old gold workings
- RAB programme 10000m for 7 projects
- Tight structure with 33 million shares
trading
- 1.5M drilling and exploration in first year
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CONTACT DETAI LS
- Level 2, 35 Outram Street, West Perth
WA 6005
- PO Box 1388, West Perth WA 6872
- Ph: 9226 1777
- Fax: 9485 2840
- Email: info@magres.com.au
- Web: www.magres.com.au
- ASX: MAU
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