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DON’T HAVE TO HUNTGOT THE PROJECTSGOT THE RESOURCEGOING FOR THE MINE
March 2019
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Our Company
at a glanceExtensive IPO and ASX listed company exposure through a highlyexperienced and professional executive team.
Traprock Mining Limited is a Brisbane based mining andexploration Company.
Flagship copper & gold project Mount Chalmers has JORC 2012category inferred resource of 3.6 million tonnes with potential toincrease resource by 2 to 3 times.
Traprock has 4 projects located in South East Queensland with afocus on gold and copper.
The region has hosted four large gold mines, namely MountMorgan, Mount Rawdon, Cracow, and Gympie with totalendowment of 18 million ounces of gold
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Advanced JORC Resource
Pospectus & Due Diligence near Finalised
Drill Ready Targets
Real Potential to Increase Resources
IPO ReadyA full prospectus largely completed & IPO further one monthProspectus, due diligence & verification largely finalised
6 exploration permits with fantastic upsides
Advanced project Tenure over a Volcanogenic Massive Sulphide deposit (VMS) with 96k oz gold, 44k tonnes copper, 924k oz silver, centred on a 5 km radius with VMS cluster of 23 partially explored VMS targets.
We’re professionalsSignificant experience in listing and running listed explorationcompanies and a successful history of high rate of discoveries
All with proven anomalous gold and are located near Central and South East Queensland with access to good existing infrastructure and accessibility to ports and services.
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Highly Motivated - Experienced Professionals
Meet Our Team
Chairman CEO
Tony Fawdon
Tony has over 40 years experience as prospector, miner, company manager and CEO. Tony has made
significant discoveries and floated , listed & managed
several companies
Dr Bob FindlayChief Geologist
Bob is a structural geologist with 40 years in
industry, geological survey, and academia
with global experience having worked
extensively in Europe, Asia & Oceania
Warwick AndersonExecutive Technical Director
Warwick has over 20 years experience in exploration.
Warwick has had active overseas service in the
Australian Army.Warwick has a background
in spatial science & artificial intelligence
David JelleyNon-Executive Director
Dave is a geologist with 30 years experience
working in Australia & the Pacific, making significant mineral
discoveries. Dave has had an active role in
management and as CEO of several companies.
Steve HemsworthChief Engineer
Steve is a principal mining engineer with 34 years
experience in open pit and underground mine
management in gold, copper and coal. Steve has a Masters
degree in Professional Accounting and reviews &
monitors projects
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Project MapMap of South East QLD goldfields detailing Traprock Projects
Exploration Permit 25935-Mt Chalmers
Mine Lease application MLA100150-Mt Chalmers
Exploration Permit 25896-Kabunga
Exploration Permit 26178-Warroo
Exploration Permit 25875-Herries Range
Exploration Permit 25876-Herries Range
Exploration Permit 25788-Herries Range
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Project SelectionA clear and focused path to development of gold and copper resources
No jungles, helicopters or mountains.
Easy unexplored terrains & great logistics
100% owned projects
Drill ready targets
An agile company
And a passionate team
Traprock Mining Limited has applied specific criteria to theselection of projects including known gold and copperresources, geographical location, fully owned targets, andadvanced projects with a positive future growth outlook.
Mount Chalmers Project Rockhampton CQldVMS deposit with multiple surrounding targets drilled byMajors requiring follow up exploration, currently workingtowards restart of mining.
Warroo Project Stanthorpe SEQldPorphyry and associated gold and copper targets.
Kabunga Project Kilkivan SEQldPorphyry and VMS targets
Herries Range Project Warwick SEQldOrogenic sedimentary gold targets (largest gold deposit style)
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Potential Resources
Over 18,000m drilling and over 400 drill holes, average drilldepth is only 63m, deposit is open at depth and laterally,possible large mineralised porphyry within the volcanic system
Botos target Drilling results 21m @0.9gt Au & 63gt Ag by a Major, 1 Kmnorth of Mount Chalmers, Infill drilling planned to join thiswith Mount Chalmers resource
Woods Shaft target Exploration target of 750kt @ grading 1.4gtAu. Not included inMount Chalmers JORC previously drilled with 40 drill holes bya major.
Mount Chalmers resources under JORC 2012 Inferred 3.6 MT 0.8gt Au 1.2% Cu 8gt AgResources estimate, JORC 2012 96k oz Au, 44kt Cu, 924kt Ag
Shallow drilling
Underlying stacked massive sulphide system and or Porphyry.Continuation base of pit gold zone potential for a feeder pipe.Gold rich pyrite zones in altered sediments per Honest Bob’s.Further VMS bodies identified, commonly clusters of 35 bodies .
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Mount Chalmers ProjectMain Lode north face post mining 1982
Figures walking on ore.2/3 of the then known mineralisation was unmined
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Mount Chalmers ProjectMain Lode looking south 2018
South Lode Bench left hand side of Pit above waterline. New South Lode outcropping on crest of ridge, Savage Mitchell Prospect in Distance on lower slope below pit.
OutcroppingSouth Lode
West Lode
Water to be used for the treatment of ore
Outcropping New South Lode
Savage Michell Prospect
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Mount Chalmers ProjectSlag dumps east of Main Lode
Slag Dumps from Early 20th
Century Mining Operations carrying percent copper
Geologist for scale
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Mount Chalmers Project
Extensions to be Drilled
Feeder Pipe to be Drilled
Extensions to Boto’s Drilled
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Mount Chalmers Project
Drill for ExtensionsOf Resource
Drill for New Deposits
Redrill Woods Shaft
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Mount Chalmers ProjectGold Nuggets from unmined areas north of the main Mt Chalmers mine
32 ounces of Alluvial Gold recovered in a Gully Draining the North Side of the Mine Ridge, Source to be Identified, not from Open Pit.
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Mount Chalmers ProjectWoods Shaft Prospect
Woods Shaft Prospect looking south to New Zealand Gully Goldfield south end of project area.Width of mineralisation from road on left to outcrop in foreground .
Mineralised zone 250m x 40m x 90m depth from surface
New Zealand Gully Goldfield
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Warroo Project
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Six drill ready targets Including Ti-Tree ridge, an 800m outcrop zone grading to10.9g/t gold at surface, Angus Valley- Ashton Copper zone, 3interpreted buried intrusions, Warroo Gold deeps andextensions & Commodore Copper
Major Structures Untested Past Department limited drilling recovered 1metre@25% Cu,hosted within disseminated copper rich wallrocks at AngusValley, past production grades at Commodore historic mine@ 25% Copper
Mined from 1906 intermittently to 199214,000oz gold, 21t copper, 900oz silver oxide ore mined fromsurface to 40m in open pit
Good evidence exists for Porphyry or Intrusive Relatedmineralisation within graben rift with transverse faulting
Intense Structural zone Potential for large style mineral deposits
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Warroo Project
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Five drill ready targets Including Ti-Tree ridge, an 800m outcrop zone grading to 10.9g/t gold at surface
Drill results to follow up The underlying bulk of gold sulphide ores, untested with 16gt au @50m and 7gt at 257m historical drill results
Drilling from old pit floor saves us 40+ metres of drilling
Mined from 1906 intermittently to 199214,000oz gold, 21t copper, 900oz silver oxide ore mined from surface to 40m in open pit
The pit floor makes a perfect drilling platform and natural dam for drilling fluids
Unmined primary zone in the Warroo pit floor, 90,000 tonnes @ > 1.0g/t gold on pit floor, with best drilling grades 13.8 g/t gold over 8 metres. Untested in all directions.
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Warroo ProjectTi-Tree Ridge Prospect
Untested 800 metres strike length gold grades assays up to 10.9 g/t Au
10.9 g/t gold outcrop in tree line
1.7 g/t gold in outcrop
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Kabunga Project
Cobalt & NickelPXRF shows cobalt anomalous geochemistry
Only 5 historical drill holesHole One finished in 4.23g/t Au from 58-59mHole Three intersected a massive sulphide zone at 33-34massaying 11.9g/t Au, 25g/t Ag and 4.48%Cu and ended in1.05g/t Au
Gold nuggets and alluvial gold throughout the EPM with nodefined source
Unexplained gold nuggets
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Best assays115g/t Au, 55g/t Ag, 0.9% Cu and 810ppm Bi14.1g/t Au, 11g/t Ag and 2.85% Cu10.9g/t Au, 4-6g/t Ag, 0.2% Cu and up to 1110ppm Bi
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Herries Range Project
100 km of unsourced gold nuggets & alluvials plus many unreported alluvial and hard rock gold occurrences, some gold zones up to 15 km long of discontinuous hard rock and alluvial gold occurrences.
Easy access
Untested, Underexplored & Not Understood Gold BeltOver 70 historic “bonanza” hard rock mines with 8 drill ready targetsSuper high grade bonanzas to 2880 g/t gold, structures and mineralisation not understood, better knowledge of geology will unlock production and potential payable gold deposits.
Herries Range Potential for large Sedimentary hosted gold &intrusion related gold deposit style, entire field has only had 5 previous drill holes.
3 hours drive from Brisbane, 45 mins from regional city of Warwick, all weather roads and good infrastructure.
Unexplained gold
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Herries Range ProjectMountain Maid Mine
Mine workings cover 40 metre wide zone x 300 metres strike length No. 2 Shaft PicturedRecoveries one ounce gold per tonne from stockwork quartz veins. Intervening Breccia host rock untested.
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Herries Range ProjectMountain Maid Mine
No 4 Shaft. Prospect has similar style of mineralisation to Gympie Gold Mine (5moz Au)
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Herries Range ProjectNew Lost Mine
Unrecorded Working common on Hunters Ridge. Pyriticsandstone host rocks carrying gold besides quartz veining
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Herries Range ProjectNew Lost Mine
4 small nuggets recovered within 10 minutes of detecting downslope from shaft, gold had ironstone adhering to it.
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Herries Range Project
Alluvial Mining Lease on Hunters Ridge
Prospectors detecting gold in their small Mining lease, Source for Gold in Traprock’sSurrounding Tenement
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Herries Range ProjectAlluvial Mining Lease Hunters Ridge
Composite Sample of coarse gold panned from alluvials. Source most probable on Traprock surrounding ground.
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Herries Range ProjectAlluvial M.L. Hunters Ridge
Source most probable on Traprock surrounding ground.
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Unsourced Gold Nuggets on Project area
Gold from the Hunters Ridge 1.5 oz Nugget in centre
Gold from the Canal Creek 2 oz Nugget Mystic Mine Project 53.5 Oz Nugget from Hunters Ridge
Herries Range Project
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Corporate Plan & Capital RaisingCompany Snapshot
Shares on issue 42,000,000 Fully Paid Ord Shares / Directors hold 17,000,000 shares(40.5%)Options on Issue NilCurrent Seed Capital Raising $300K @ 6.5 cents = 4,615,000 shares ( Sophisticated Investors)Cash at Bank $60,000 320,000 Oz Gold Equivalent in Ground Gross Value $600 million
Company Plan
Traprock is intending too do either of:• IPO/ RTO to Raise $5.0m to list Company on ASX LTD to take Traprock on the path to mining• Joint Venture Mount Chalmers and concentrate on gold projects• Increase the Mount Chalmers Resource by a factor of 3 times ( currently 23 targets)• Discover new gold deposits in the Herries Range (currently 70 targets)• Discover new porphyry gold copper deposits at Warroo and Kabunga (currently 20 targets)
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Next Steps Post Capital RaisingMount Chalmers Project
Conduct a drilling program planned to upgrade the current resource estimates planned to be finalized in a four month timeline. The drilling will reconfirm previous resource drilled gold & copper and extensions to the resources. Delineate a resource at Woods Shaft Gold Prospect. The Program will consist of 2000m RC & 2000m. Commence baseline environment survey, metallurgical & geotechnic studies.
Warroo Project
Conduct a scout drilling program at T-Tree Ridge, 800m outcrop with grades to 10.6 g/t gold, untested previously. The program will consist of 3000m of drilling in 20 RC drill holes to 150m drilling depth to define size and grade of mineralization. Drilled four months post IPO.
Herries Range Project
Conduct drilling on Mountain Maid, Blackfellows & Kaffir Chief historic gold mines totaling 3060m of drilling, 18 drill holes to define grade & volume of gold mineralization.
Kabunga Project
Geological mapping & sampling high grade gold zones to define drill targets 7 months post lPO.
Post IPO/RTOContinuous News flow –Drill out at Mt Chalmers, Scout Drilling at Four Gold TargetsUpgrade the Resource for Start of Feasibility Studies. Commence Baseline Enviro.Find New Orebodies
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Competent Person Statements for Mt Chalmers Project
The information in this report that relates to Exploration Results for the Mt Chalmers Deposit is based on informationcompiled Mr David Jelley who is a Fellow of the Australian Institute of Geoscientists and who has sufficient experiencerelevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertakingto qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of ExplorationResults, Mineral Resources and Ore Reserves (the “JORC Code”). Mr David Jelley is a director of Traprock MiningLimited and consents to the inclusion in the presentation of the Exploration Results in the form and context in which theyappear.
The data in this report that relates to Mineral Resource Estimates for the Mt Chalmers Deposit is based on information evaluated by Mr Simon Tear who is a Member of The Australasian Institute of Mining and Metallurgy (MAusIMM) and who has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the “JORC Code”). Mr Tear is a Director of H&S Consultants Pty Ltd and he consents to the inclusion in the report of the Mineral Resource in the form and context in which they appear.
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Contact Us
Warwick Anderson 0437 177 [email protected]
Tony Fawdon0417 004 [email protected]
www.traprock.com.au
A Great Start with Promise of a Great Future
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