For personal use only Poised for Growth · 2013. 6. 3. · El Abra Chuquicamata Gaby Zaldivar...
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Poised for Growth 1 Corporate Update June 2013 ASX: RGX For personal use only
Transcript of For personal use only Poised for Growth · 2013. 6. 3. · El Abra Chuquicamata Gaby Zaldivar...
Poised for Growth
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Corporate UpdateJune 2013
ASX: RGX
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Acknowledgement & Disclosure
This presentation may contain certain statements and projections provided by or on behalf of Red Gum Resources Ltd
(RGX) with respect to the anticipated future undertakings. These forward-looking statements reflect various
assumptions by or on behalf of RGX. Accordingly, these statements are subject to significant business, economic and
competitive uncertainties and contingencies associated with exploration and/or mining which may be beyond the control
of RGX which could cause actual results or trends to differ materially, including but not limited to price fluctuations,
exploration results, ore reserve and mineral resource estimation, environmental risks, physical risks, legislative and
regulatory changes, political risks, project delay or advancement, ability to meet additional funding requirements, factors
relating to title to properties, native title and aboriginal heritage issues, dependence on key personnel, share price
volatility, approvals and cost estimates. Consequently, there can be no assurance that such statements and projections
will be realised. Neither RGX, or any of its affiliates, advisers, consultants, agents or any of their respective officers or
employees (Relevant Parties) make any representations as to the accuracy or completeness of any such statement of
projections or that any forecasts will be achieved.
Additionally, RGX makes no representation or warranty, express or implied, in relation to, and to the fullest extent
permitted by law, no responsibility or liability (whether for negligence, under statute or otherwise) is or will be accepted
by RGX as to or in relation to the accuracy or completeness of the information, statements, opinions or matters
(express or implied) arising out of, contained in or derived from this Presentation or any omission from this Presentation
or of any other written or oral information or opinions provided now or in the future to any Recipient or its advisers. In
furnishing this presentation, RGX undertakes no obligation to provide any additional or updated information whether as
a result of new information, future events or results or otherwise. Nothing in this material should be construed as either
an offer to sell or a solicitation of an offer to buy or sell securities.
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Details of Current Drilling Campaign
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• Red Gum currently drilling Majada Prospect, in Region IV Chile, in established IOCG Belt.
• 1st Round of drilling comprising minimum 1500m of diamond core hole.
• Project area not previously drilled.
• Project comprises ~ 600 Ha covering Majada West and Majada East areas
• Drill Targets testing strong geophysical anomalies and/or field occurrences of gossans and proximal artisanal workings.
• Adjacent to substantial exploration ventures at Manuelito (25,000 m drilling) and San Lorenzo (12,000 m) drilling.F
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Chile – Focused on a World Class Belt
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SANTIAGO
Los Pelambres
El AbraChuquicamata
GabyZaldivar
EscondidaChimborazo
El SalvadorPotrerillos
La Fortuna
RosarioQuebrada Blanca
CopaquireCerro Colorado
SpenceSierra Gorda
CentinelaPolo Sur
Lomas Bayas
Relincho
ToquepalaQuellavecoCuajone
Cerro Verde
Mocha
Los Azules
Ch
ile
Andacollo
PascuaEl Indio
RefugioLa Coipa
GuanacoEl Penon
LA SERENA
ANTOFAGASTA
Copper Deps. -others
Gold Deposits
Candelaria
Manto Verde
IOCG Deposits
El Espino
Red GumInterest
Leveraging Our Competitive Edge
• Focused on Region IV Segment
• Less Intensive Historical Exploration
• Great Opportunities Available
• Other Nearby Juniors Successful
(e.g. Hot Chilli, Southern Hemisphere,
Helix, Explorator, Pucobre)
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Chile – High Value Growth
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Andocollo Porphyry (Teck) + CMD (Dayton)
400Mt @ 0.38% Cu + 3.4Moz Au
Mollacas Porphyry (Metminco)
15.5Mt @ 0.51% Cu, 0.13g/t Au
Llahuin Porphyry (Southern Hemisphere Mining)
106Mt @ 0.40% Cu equiv.
El Espino IOCG (Pucobre)
144Mt @ 0.55% Cu, 0.22 g/t Au
Red Gum 100%
Red Gum Acquisition
Third Party Project
Vallecillos Polymetallic (Metminco)
8.1Mt @ 0.82g/t Au, 10 g/t Ag, 1.06% Zn, 0.33% Pb
Punitaqui IOCG (Glencore)Prod. 39,000 tonnes Cu concs. in 2011
Joshua Porphyry (Helix)
Hado Porphyry (Helix)
Manuelito IOCG (Manuelito Minerals) San Lorenzo IOCG (Salfacorp)
Los Mantos IOCG (Hot Chili)
0 50
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Chile – Majada IOCG Copper-Gold Project
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San Lorenzo
Cu-Au
Discovery
12,000m Drilling
Resource
Definition in
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Manuelito
Cu-Au
Discovery
25,000m Drilling
Resource Definition in Progress
Majada Oeste
Cu-Au Project
Majada Este
Cu-Au Project
Copper-Gold Workings
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• Drilling targets represent lower scale greenfields exploration risk.
• Artsinanal near surface Copper oxides and sulphide showings indicate mineralised shear zones of ~ 5km length.
• Copper mineralisation historically associated with gold mineralisation.
• Targeting well defined resistivity and chargeability geophysical anomalies recently recorded by Red Gum.
• Regionally along strike from El Espino (Pucobre), Punitaqui(Glencore) and Andocollo (Teck).
Details of Current Drilling Campaign F
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New Geophysical Coverage
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Majada West Geophysical Signature
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Geology Chargeability at 50m Resistivity at 50m
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Drilling underway at Majada
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• Typical geophysical anomalies targeted in drilling program illustrated in slides 13, 14, 16 & 17.
• Focus on intersecting strong chargeability anomalies, especially those adjacent to regional N-S and NW-SE trending shears.
• Drilling program focusing on ascertaining spatial distribution of mineralisation (along strike) and overall style.
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Majada West Proposed Drill Hole # 1
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Majada West Proposed Drill Hole # 1
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Pre-Drilling
Interpretation
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Majada West Proposed Drill Hole # 2
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Pre-Drilling
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Majada East Proposed Drill Hole # 5
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Majada East Proposed Drill Hole # 5
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Pre-Drilling
Interpretation
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Majada East Proposed Drill Hole # 6
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Pre-Drilling
Interpretation
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• Assay results of current drilling program due in later part of June 2013.
• Visual results to-date show penetrated sulphide and shallow oxide intervals.
• Initial results consistent with IOCG style of mineralisation.
• Initial results confirm our views on key regional mineralisation controls.
• RGX seeking to extend interest in the region through acquisition of advanced opportunities.
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Details of Current Drilling Campaign F
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Contact
Red Gum Resources Limited (ASX : RGX)
Suite 9 Lester Court
75a Angas Street
Adelaide, SA, 5000
Dr Ray Shaw, Executive Chairman
Tel: 08 8223 1680
www.redgumresources.com
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