Mineral Project Introduction Ishine International Resources Limited

Transcription

1 Listed on ASX (Code: ISH) ABN: Mineral Project Introduction Ishine International Resources Limited November Ishine International Resources Ltd - ASX Listed

2 DISCLAIMER Ishine International Resources Ltd has prepared this presentation based on information available to it. 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 Ishine International Resources Ltd, its directors, employees or agents, advisers, nor any other person accepts any liability, including, without limitation, any liability arising from fault or negligence on the part of any of them or any other person, for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it. This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any security, and neither this presentation nor anything in it shall form the basis of any contract or commitment whatsoever. This presentation may contain forward looking statements that are subject to risk factors associated with mineral exploration, mining and production businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimations, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory changes, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates. The information in this presentation that relates to mineral resources and exploration results are based on information compiled or reviewed by Mr. Martin Dormer who is a member of the Australian Institute of Mining and Metallurgy, and a full time employee of Ishine International Resources Ltd. Mr. Dormer has given his consent to the inclusion in this presentation of the matters based on the information in the form and context in which it appears. The information on the exploration tenements in application in this presentation that relates to exploration targets refers to targets that are conceptual in nature, where there has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the determination of a Mineral Resource Ishine International Resources Ltd - ASX Listed

3 About Ishine International Registered on ASIC: 18 September 2009 ACN Listed on ASX: 18 th December 2009 ASX Code ISH Executive Chairman: Mr. Yunde Li Successful Businessman Managing Director: Dr. Caigen Wang Over 20 years mining experience Chief Geologist: Mr. Martin Dormer Over 15 years geology and exploration Controlling Shareholder: Ishine Shandong Mining Group Healthy Finance Office: Level M, Havelock St, West Perth, Western Australia, Australia Contact: Tel: Fax: admin@ishineresources.com Web: Ishine International Resources Ltd - ASX Listed

4 Project Summary Three advanced projects in WA and QLD with 7 active tenements for 367km² 24 exploration licenses applied in WA and SA for 9,455km² Up to 20% share holding in another ASX listed resource company with advanced exploration projects in WA Ishine International Resources Ltd - ASX Listed

5 Three Advanced Projects Falcon Bridge Nickel Project WA, 70% Boomarra Copper Project QLD, 70% Mt Watson Copper Project QLD, 70% Ishine International Resources Ltd - ASX Listed

6 Falcon Bridge Nickel JV Joint Venture Project with Strategic Energy Resources Ishine Earning up to 70% by spending up to $3M on exploration over 36 months 4 Active tenements with km² area 17 strike km of prospective ultramafic basal contact Targeting komatiite NiS ore deposits Ishine International Resources Ltd - ASX Listed

7 Falcon Bridge JV Situated in the Norseman Wiluna Greenstone sequence in the Eastern Goldfields province of the Archaean Yilgarn Craton. Nearby Nickel Projects include Windarra Nickel Deposit 1.52%Ni for 84,600t of Ni metal) Collurabbie Nickel Project 3% Ni) The Bulge/Rosie 9.13% Ni) Ishine International Resources Ltd - ASX Listed

8 Falcon Bridge Regional Magnetic Ishine International Resources Ltd - ASX Listed

9 Falcon Bridge Geology Adjacent to granite dome Sequence of ultramafic and mafic rock types Coincident magnetic high reflecting structural thickening Previous drilling (2001,2003) confirmed prospective ultramafic rock unit Ishine International Resources Ltd - ASX Listed

10 Falcon Bridge Ishine Exploration Carried out 10 line km of moving loop electromagnetic surveying. Revealed encouraging conductivity Completed two rounds of drilling Ishine International Resources Ltd - ASX Listed

11 Falcon Bridge Ishine Drilling 73 Aircore holes for approx. 3,459m Encouraging nickel and copper results RC rig completed recently 0.41% Ni and 262ppm Cu from 51m hole FBAC % Ni and 125ppm Cu from 30m hole FBAC % Ni and 170ppm Cu from 36m hole FBAC % Ni and 280ppm Cu from 36m hole FBAC Ishine International Resources Ltd - ASX Listed

12 Falcon Bridge Drilling Site Ishine International Resources Ltd - ASX Listed

13 Mt Watson Copper JV Earn in Joint Venture with Kabirri Resources Pty Ltd Includes 2 tenements for km² Ishine may earn up to 70% interest by spending $800,000 on exploration over 4 years. Located 115km north of Mt Isa Queensland Tenements adjacent to Mt Watson Copper mine which produced 8.08 mt at 0.9% Cu. Now held by Cape Lambert Iron Ishine International Resources Ltd - ASX Listed

14 Mt Watson Situated within the Proterozoic Mt Isa Inlier containing some of the largest Cu and Pb-Zn deposits in the world. SEDEX and IOCG style deposits targeted. Mt Watson Located in the Western fold belt Ishine International Resources Ltd - ASX Listed

15 Mt Watson - Geology Tenements are adjacent to Mt Watson Pit. Numerous other copper occurrences and prospects are in and around our ground. Very outcropping, residual terrain Ishine International Resources Ltd - ASX Listed

16 Mt Watson VTEM Survey No aerial Electromagnetic surveys had previously been flown across the project. Geotech Airborne were commissioned to carry out a VTEM (Versatile Time Domain Electromagnetic) survey Ishine International Resources Ltd - ASX Listed

17 Mt Watson- Field Recognisance Ishine International Resources Ltd - ASX Listed

18 Mt Watson VTEM Results Numerous targets generated of varying strength. Many of the weaker strengths can also be highly prospective, possibly just at greater depth Survey was highly successful in generating targets. Heritage survey was successfully passed. Drilling is currently underway Ishine International Resources Ltd - ASX Listed

19 Joint Venture with Kabirri Resources Pty Ltd Boomarra JV Ishine may earn up to 70% interest by spending $950,000 on exploration over 4 years. Situated 120km north of Cloncurry in Mt Isa Inlier. Highly prospective project for deep seated IOCG style mineralisation Ishine International Resources Ltd - ASX Listed

20 Boomarra Geology Eastern fold succession Beneath Carpentaria Basin Sediments Magnetic Highs along Melinda Downs Fault BHP previously drilled a Diamond hole recording over 600ppm Cu Ishine International Resources Ltd - ASX Listed

21 Boomarra Ishine Exploration Daishsat Geodetic Surveyors contracted to carry out an extensive ground gravity survey in order to identify signatures indicative of IOCG style targets. 1,555 survey points recorded Ishine International Resources Ltd - ASX Listed

22 Boomarra Gravity Results Preliminary data is very encouraging showing several large gravity anomalies. Final interpretation and modelling of the data delineated clear gravity and magnetic anomalies Drilling targets are determined Ishine International Resources Ltd - ASX Listed

23 Strategic Investment in Athena Resources Limited (ASX listed) Ishine owns 12.7% of Athena 2 nd biggest shareholder Ishine has an opportunity to increase Athena s share holding up to 20% Results of iron ore magnetite drilling due next week. Intersections of high grade (up to over 40%Fe) and intersections over 80m. Results of drilling Ni, Cu target at Byro East. Visible copper in core and primary sulphides over a large intersection Ishine International Resources Ltd - ASX Listed

24 Strategic Investment in Athena Iron ore exploration High grade magnetite iron ore from preliminary RC drilling AHRC % Fe from 68m AHRC % Fe from 85m AHRC % Fe from 107m AHRC % Fe from 59m AHRC % Fe from 64m AHRC % Fe from 88m Grades up to 47.23% Fe (Iron), with low impurities Spectacular iron grade and recovery from DTR test AHRC % Fe from 68m AHRC % Fe from 85m AHRC % Fe from 107m AHRC % Fe from 59m AHRC % Fe from 64m AHRC % Fe from 88m Concentrate grades of up to 71.6% Fe Concentrate grades of up to 93.8% Fe 3 O 4 DTR Weight Recoveries of up to 56.0% Ishine International Resources Ltd - ASX Listed

25 Projects (100% owned) Summary State No. of Licences Applied Area Km 2 WA 15 3,928 SA 9 5,527 Target Minerals Fe, Au, Cu, Ni, Zn, Pb, Mn, Co, etc. U, Au, Cu, Zn, Pb, Mineral Sands, etc. 24 Exploration Licence in application 9,455 Km 2 tenement area Ishine International Resources Ltd - ASX Listed

26 Eastern Goldfields, Laverton, WA 4 tenements 351km 2 Gold and Nickel potential Numerous mining operations nearby Multiple nickel and gold occurrence Ishine International Resources Ltd - ASX Listed

27 Gunbarrel WA 3 tenements 1,726km 2 Nickel and copper potential Mineral occurrence recorded Many deposits found on neighboring ground (eg. 2.45% Ni, 5.3 g/t Au and 6.34% Cu) Ishine International Resources Ltd - ASX Listed

28 East Kimberley Halls Creek 3 tenements 753km 2 Base metals and gold Anglo Australian Resources NL announced JORC resource of 4 million tonnes with 3.8% Zn and 1.5% Cu and 0.2% Pb, 17g/t Ag and 0.4g/t Au. An intersection of 5.04% Cu, 7.69% Zn, 68 g/t Ag and 0.43 g/t Au in SRC061. which contained an interval of 9.4% Cu, 214 g/t Ag and 0.19 g/t Au Ishine International Resources Ltd - ASX Listed E80/4448 E80/4450 E80/4478

29 West Kimberley, Broom/Derby E04/ tenement 261km 2 Base metals Lennard Shelf Multiple deposits found on neighboring ground ISHINE E04/2031 Known Deposits Ishine International Resources Ltd - ASX Listed

30 Merredin and Narabeen, WA 2 tenements E77/ km 2 Iron and gold potential Neighboring ground has Fe (Cazaly) and Au (Tampia ) well defined E70/ Ishine International Resources Ltd - ASX Listed

31 Mt Elsie Pilbara Iron & Manganese, WA One tenement E45/ km 2 In iron ore rich province of Pilbara, WA Surrounded by iron ore explorers Ishine International Resources Ltd - ASX Listed

32 Capricorn Uranium and One tenement of 341km 2 In the Ashburton region of Western Australia. 20km strike on the major Talga Fault Neighboring tenement (Aurora Minerals Limit) found massive high-grade manganese mineralization Manganese, WA Aurora rock-chip samples with 25% samples exceeding 40% Mn, a maximum of 54.8% Mn. Target minerals: manganese and uranium Ishine International Resources Ltd - ASX Listed

33 Ooldea Range, Eucla Basin, SA 1 tenements, 218km 2 Target mineral sands. Mineral occurrence reported. Potential extensive blanket of low grade, heavy mineral sand Ishine International Resources Ltd - ASX Listed

34 Tarlina, Gwaler Craton, SA 2 tenements, 1,347km 2 Prospective for mineral sands. Significant gravity anomaly Ishine International Resources Ltd - ASX Listed

35 Mulgaria, West of Olympic Dam, SA 1 tenements, 340km 2 Prospective for Au, Cu and U Gawler Craton hosts Olympic Dam the world s largest uranium occurrence and the fourth-largest remaining deposit of copper. It also hosts Prominent Hill (Cu, Au), Tunkillia (Au) and Peculiar Knob (Fe) Apparent magnetic and gravity anomaly Ishine International Resources Ltd - ASX Listed 35

36 Willouran Range, North of Olympic Dam, SA 259/10 260/10 261/10 252/10 239/10 5 tenements, 3,622km 2 Prospective for U North of Olympic Dam, the world s largest uranium occurrence Significant radiometric anomaly Ishine International Resources Ltd - ASX A region 26/24/2010 with multiple uranium Ishine International Listed exploration Resouces Limited - ASX and mining companies 36

37 Ishine s Goals Identify quality tenements Establish multiple mineral resources Generate value for share holders Grow from an explorer to a mining Ishine International Resources Ltd - ASX Listed

38 Listed on ASX (Code: ISH) ABN: Thanks! Ishine International Resources Ltd - ASX Listed