Exploration Prospectivity 15 th November 2012
Disclaimer and Competent Persons Statement Disclaimer This presentation is provided for the sole purpose of providing preliminary back ground technical and other information to enable you to review the business activities of Resource and Investments NL ( RNI ). The material provided to you does not constitute an invitation, solicitation, recommendation or an offer to purchase or subscribe for securities. The information in this presentation will be subject to completion, verification and amendment, and should not be relied upon as a complete and accurate representation of any matters that a potential investor should consider in evaluating RNI. This presentation may contain 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, uncertainties and other factors, which could cause the actual results to differ materially from future results expressed, projected or implied by those statements. Competent Person s Statement The information in this presentation that relates to Resource and Investments NL ( RNI ) Exploration Results is based on information compiled, reviewed or prepared by Mr. Peter Langworthy Geological Consultant to RNI, who is a Member of the Australasian Institute of Mining & Metallurgy. Mr. Langworthy has sufficient experience, which is relevant to the style of mineralization and type of deposits under consideration and to the activities undertaken, to qualify as a Competent Person as defined in the 2004 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code). Mr. Langworthy consents to the inclusion in this presentation of the matters based on this information, in the form and context in which they appear.
Exploration Prospectivity The Grosvenor Project represents: A highly endowed exploration opportunity in a poorly explored but highly prospective region. RNI has accumulated a dominant tenement position within the Bryah Basin. The Bryah Basin is now recognised as a highly prospective proterozoic basin with potential for quality gold and base metal deposits. Excellent access and supporting infrastructure. Quality, but incomplete, database The fundamentals are in place for a near-term discovery
Defined Projects Fortnum Block Predominantly Au Brownfield prospectivity Extension of known trends and deposits Transported cover Walk up drilling targets.
Defined Projects Narracoota Block Au and Base Metal opportunities Largely greenfields exploration Number of gold prospects drill ready
Defined Projects Doolgunna Block Main target Base Metals; prospective for gold. Stratigraphy correlatable to DeGrussa. Highly prospective for high grade Cu- Au and Au-only deposits. Largely considered a Greenfields project.
Fortnum Block
Fortnum Block Very strong association with the Narracoota volcanics rocks. All deposits are structurally controlled. Jasperoidal chert appears to be a favourable host rock however gold is hosted within a variety of rock types. FORTNUM- YARLARWEELOR The Fortnum Wedge is extensively mineralised in a regional sense indicating the presence of a large plumbing system. Potentially represents an earlystage development of a significant gold camp. Discovery opportunities range from deposit extension to new large discoveries.
Fortnum Block Yarlaweelor South Big Billy Highly endowed gold corridor south of Yarlarweelor Pit Relatively shallow drilling (n=0, >100m) Highly anomalous drilling results (>4g/t Au) 4km strike length Requires detailed assessment of current drilling data, targeted geophysics and deeper drilling (RC and diamond) Review of base metals potential in Narracoota Volcanics
Fortnum Block Cheyenne Target Parallel structural corridor to Fortnum Trend Strongly anomalous results close to intersection with Fortnum Fault ~7km strike length Significant amount of transported cover Requires detailed geophysics, geochemistry and RAB drilling
Fortnum Block Very strong association with the Narracoota volcanics rocks. LABOUCHERE- NATHANS All deposits are structurally controlled. Jasperoidal chert appears to be a favourable host rock however gold is hosted within a variety of rock types. FORTNUM- YARLARWEELOR The Fortnum Wedge is extensively mineralised in a regional sense indicating the presence of a large plumbing system. Potentially represents an earlystage development of a significant gold camp. Discovery opportunities range from deposit extension to new large discoveries.
Fortnum Block Nathans Trend Extensive strike extent of mineralisation Interpreted multi-parallel structures Pits only developed over small part of trend ~5km strike length Little deep drilling Requires systematic review of all existing data, RC and diamond drilling.
Fortnum Block Labouchere Trend Extensive strike extent of mineralisation Intersection of a series of major mineralised structures Pits only developed over small part of trend ~4km strike length Little deep drilling Requires systematic review of all existing data, RC and diamond drilling.
Fortnum Block Wilthorpe West Trend Conceptual structural target Significant amounts of transported cover ~4km strike length No drilling Requires detailed geophysics, RAB / aircore drilling.
Narracoota Block
Narracoota Block - Copper Extensive distribution of target Narracoota volcanics rocks. Copper mineralisation discovered at Cashman Prospect. Stratigraphy poorly understood and lack of systematic empirical exploration Target horizons identified Unlimited potential within grassroots exploration play
Grosvenor Gold and Base Metals Project Narracoota Block - Copper Extensive distribution of target Narracoota volcanics rocks. Stratigraphy poorly understood and lack of systematic empirical exploration Target horizons identified: Cashman Prospect: Cu- sulphides in old workings Karalundi-Orient: MLEM anomalies McCann s: Basin margin with strong geochemical anomalism Feathercap: Structural trend with local elevated copper values Application of geochemistry and geophysics required to consolidate target areas prior to drilling
Grosvenor Gold and Base Metals Project Narracoota Block - Gold Little systematic exploration. Numerous historical workings. Limited bedrock testing Key target for early drill testing identified: Mick s Well: 2m @ 21g/t Au Jigsaw: 10km strike corridor between Durack and Heines Find workings Series of significant, largely untested structural corridors Suite of intrusive rocks of interest Structural target along intersection of Murchison Fault.
Grosvenor Gold and Base Metals Project Doolgunna Block
Grosvenor Gold and Base Metals Project Doolgunna Block Copper & Gold Extensive distribution of target Narracoota volcanics rocks. VMS corridors correlateble from DeGrussa & Springfield. ~80km strike length Lack of systematic empirical exploration under extensive transported cover Requires mapping, ground based detailed EM, geochemistry and drilling Base Metals / Gold Corridor Gold Target
Grosvenor Gold and Base Metals Project Doolgunna Block Copper & Gold Extensive distribution of target Narracoota volcanics rocks. VMS corridors correlateble from DeGrussa & Springfield. ~80km strike length Lack of systematic empirical exploration under extensive transported cover Requires mapping, ground based detailed EM, geochemistry and drilling
Grosvenor Gold and Base Metals Project Conclusions The Grosvenor Project represents: A highly endowed exploration opportunity in a poorly explored but highly prospective region. Exploration opportunities for both gold and base metals. These opportunities range from extension of known deposits within large, defined gold corridors to large-scale conceptual targets Large areas of transported cover and shallow drilling open up numerous opportunity for discovery. Series of drill ready targets. Excellent access and supporting infrastructure. Quality, but incomplete, database The fundamentals are in place for a near-term discovery