Spargoville

Disclaimer
Forward Looking Statements
This release may include forward-looking statements. These forward-looking statements are based on management’s expectations and
beliefs concerning future events as of the time of the release of this document. Forward-looking statements are necessarily subject to risks,
uncertainties and other factors, some of which are outside the control of Tychean Resources Limited, that could cause actual results to differ
materially from such statements. Tychean Resources Limited makes no undertaking to subsequently update or revise the forward-looking
statements made in this release to reflect events or circumstances after the date of this release, except as required by law.
Competent Person Statement
The information contained in this release that relates to exploration results, mineralisation and target generation is based on information
compiled by Mr Matthew Svensson, who is a Member of the Australasian Institute of Geologists (MAIG) and a full-time employee of the
Company. Mr Svensson has sufficient experience which is 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”. Mr Svensson consents to the inclusion in this release of the
matters based on his information in the form and context in which it appears.
As at the date of this release Mr Svensson has an interest in shares and options in the Company.
The following presentation contains previously announced exploration results from the following Tychean Resources Limited ASX
announcements:
21/11/2014 - WA Gold Exploration Update
28/03/2014 - High grade gold in new results from Spargoville in WA
02/05/2014 - Spargoville (WA) – Aircore Gold Resample Results
22/09/2014 - High Grade Single Metre Gold Results from Spargoville WA
05/12/2014 - Redback Prospect High Grade Gold Results
20/01/2015 - More Redback Prospect High Grade Gold Results
The Company is not aware of any information or data, which hasn’t been previously reported, that materially affects the information included
in the following presentation.
2
Corporate Overview
Capital Structure
318,377,280
0
Volume
Board & Management
Chairman
Managing Director
Non-Executive Director
12.4%
7.2%
Joe Houldsworth
6.3%
Ewan Vickery
74.1%
Justin Nelson
Exploration Manager
Matt Svensson
Price
Register Analysis
Bob Kennedy
Company Secretary
Jan-15
0.000
Dec-14
10,000,000
Nov-14
0.001
Oct-14
20,000,000
Sep-14
0.002
Aug-14
In addition 10 million retention rights vesting 14 May 2015 and 10M
performance rights expiring 1 January 2016
30,000,000
0.003
Jul-14
(1)
$0.002 - $0.008
40,000,000
0.004
Jun-14
12 Month Trading Range
$0.1M
50,000,000
0.005
May-14
Cash (as at 31-Dec-14)
60,000,000
0.006
Apr-14
$4.2M
70,000,000
0.007
Mar-14
Market Cap (at $0.002 per share)
0.008
Feb-14
or before 30-Jun-15)1
80,000,000
Jan-14
Options (TYKOA exercisable at $0.006 on
0.009
Volume
2,103,631,090
Price (A$)
Shares on Issue
Trading History
Tychean Resources Limited  Investor Presentation  February 2015
Board & Management
Ramelius Resources
Hawgood Pty Ltd
Other Shareholders
3
Investment Highlights
 Large advanced exploration tenement package held
in the Eastern Goldfields providing access to:
Project Locations
 Established infrastructure;
 Readily available workforce; and
 Abundance of toll milling options
 Highly anomalous gold values identified at the
Spargoville Gold Project
 Significant supergene horizons open along strike at
Valley Floor Prospect
 Gold focused exploration package held in NT
through farm-in and JV agreement with Ramelius
Resources
Tychean Resources Limited  Investor Presentation  February 2015
4
Spargoville Gold Project (100% gold rights)
“I believe that the Spargoville Greenstone Belt is most
likely to play host to other High Grade, High Margin
Small to Medium Gold Deposits similar to the Wattle
Dam Gold Mine”
■
Large advanced exploration tenement package in
the Eastern Goldfields with pipeline of drill ready
targets
■
Exploration tenement package covering ~11,440ha
across:
■

26 granted Mining Leases;

2 granted Exploration Licences;

6 Prospecting Licences; and

2 Miscellaneous Licences
Encompasses previously mined, high grade Wattle
Dam deposit

Wattle Dam mine produced 880,000t @ 10.1
g/t Au for 286,000 ozs
Tychean Resources Limited  Investor Presentation  February 2015
5
Spargoville Gold Project (Exploration Update)
Since November 2013,

12 prospects have been drill tested

2 prospects identified as priority targets – Redback
and Core Farm Prospects

Redback Prospect – high grade gold intersections
within ultramafics or at contacts with felsics, located
700m from the Wattle Dam Gold Mine

Core Farm Prospect - high grade, paleochannel gold
intersections located immediately to the north west of
the Wattle Dam Gold Mine.
Redback Prospect is an exciting development and our
highest priority prospect.
Whilst we have a pipeline of hot prospects to further test,
all our resources are now focussed on this Redback
Prospect.
Tychean Resources Limited  Investor Presentation  February 2015
6
Spargoville Gold Project (Redback Prospect)
■
Discovered 9 months after Spargoville Project acquisition through
exploration based on Wattle Dam Model – Drill Closer and Deeper
■
RC drilling has highlighted three gold mineralised zones at the
Redback Prospect
■
High grade mineralisation has now been intersected over a collective
strike extent of 100 metres and remains open in several directions
■
Highly anomalous results in the Eastern Zone include:




■
Highly anomalous results in the Central Zone include:



■
2m @ 27.3g/t Au from 161m incl 1m @ 53.6g/t Au
7m @ 3.74g/t Au from 65m incl 2m @ 9.76g/t Au
9m @ 4.97g/t Au from 42m incl 1m @ 15.3g/t Au and 1m @
13.4g/t Au
Highly anomalous results in the Western Zone include:




■
4m @ 7.46g/t Au from 113m incl 1m @ 18.2g/t Au
3m @ 17.5g/t Au from 95m incl 1m @ 33.5g/t Au
16m @ 6.00g/t Au from 118m incl 4m @ 15.3g/t Au
7m @ 9.98g/t Au from 109m incl 2m @ 18.5g/t Au and 1m @
19.4g/t
9m @ 4.78g/t Au from 170m incl 4m @ 9.05g/t Au
13m @ 3.16g/t Au from 188m incl 2m @ 6.52g/t Au
20m @ 4.05g/t Au from 195m incl 2m @ 12.1g/t Au
6m @ 4.47g/t Au from 124m incl 1m @ 14.3g/t Au
Follow up and Infill, 15 RC/Diamond hole, 3000 metres drill
programme planned to commence during February 2015
Tychean Resources Limited  Investor Presentation  February 2015
7
Spargoville Gold Project (Redback Prospect)
■
High grade Eastern Zone and Western Zone mineralisation has been intersected over a collective
strike extent of 100 metres and remains open down dip and interpreted northern plunge
Tychean Resources Limited  Investor Presentation  February 2015
8
Spargoville Gold Project (Redback Prospect)
■
Why focus on Redback Prospect / Spargoville
Project?
 High potential to define a high grade gold
resource/deposit
 Established infrastructure from mining at Wattle
Dam readily accessible minimising development
costs, ~700 metres underground development
required
 Minimal Permitting required as Redback Prospect
located on Wattle Dam Mining Lease – M15/1101
 Readily available residential workforce from
Kalgoorlie, Kambalda and/or Coolgardie
 Abundance of toll milling options
 No Native title impediments
 Experienced management with an appreciation of
high grade gold mineralisation at Wattle Dam
■
Redback discovery has greatly increased
prospectivity of Spargoville Project
■
Further infill and deeper drilling required
within greater Wattle Dam Mine / Redback
Prospect Area
Tychean Resources Limited  Investor Presentation  February 2015
9
Spargoville Gold Project (Regional Targets)
■
Greater Wattle Dam Deposit - Redback
Prospect Area testing for high grade
extensions and repetitions
■
5Q Prospect – Historical RC drilling
returned:
 5m @ 4.42g/t Au from 22m, and
 8m @ 1.74g/t Au from 48m
 Remains open along strike to north
and south
■
Southern end of large, ≥50ppb Au surface
anomalism where existing drilling is wide
spaced and not drilled in optimal
direction. (Redback Prospect located at
northern extremity)
■
Eagles Nest Regional – Subtle ≥50ppb Au
(1,219ppb Au) surface anomalism where
existing drilling is wide spaced and not
drilled in optimal direction
Tychean Resources Limited  Investor Presentation  February 2015
10
Valley Floor Project (100% interest)
■
Valley Floor Project located in Eastern Goldfields
directly south of Kambalda
■
Project has been expanded with the grant of
E15/1399 and applications for E15/1434 to the
northwest and E15/1438 to the southwest along the
interpreted Alpha Island Fault trend
■
Prospect now covers exploration area of ~40km²
■
Nearby Alpha Island Fault is the focus of the recent
“Invincible” discovery by Goldfields
■
Resource of 9.2Mt @ 4.5g/t Au for ~1.33Moz*
* Gold Fields Diggers & Dealers Presentation – August 2014
Tychean Resources Limited  Investor Presentation  February 2015
11
Valley Floor Project (100% interest)
■
Significant supergene horizons identified from Air
Core drilling programme completed in October
2013
■
54 Air Core drill holes were completed for 3,747m at
a drill spacing of 80m x 200m
■
Drilling within the southern area intersected several
anomalous intercepts within the Archaean
sedimentary basement
■
Supergene horizons remain open along strike to
the north and south
■
Further Air Core drilling planned to further define
and extend the supergene horizons along with a
potential RC drilling campaign
Tychean Resources Limited  Investor Presentation  February 2015
12
Tanami Projects
Farm-in and JV Agreement
■
Ramelius Resources Ltd (ASX:RMS) farm-in on
a package of 2 EL’s and 6 ELA’s held by
Tychean
■
Farm-in terms include:
■
Ramelius has paid $50,000 cash upon execution
of the agreement;
■
Ramelius committed to a minimum exploration
expenditure of $100,000 within 2 years;
■
Ramelius to earn an 85% interest in the project by
exploration expenditure of $500,000 within 3
years;
■
Tychean will be free carried until a decision to
mine at which time it may elect to contribute its
interest or convert to a 1.5% NSR Royalty
■
RC Drilling Program planned for Suplejack
Prospect for March 2015
Tychean Resources Limited  Investor Presentation  February 2015
13
Summary & Forward Strategy
Spargoville
■
Further drilling at Redback Prospect highest
priority to infill and extend identified high
grade mineralisation
■
Infill Aircore/RC drilling within prospective
areas along strike from or areas analogous to
Redback/Wattle Dam
■
Evaluate regional targets via RAB/Aircore
drilling
Valley Floor
■
Aircore drilling planned to further define and
extend the supergene zone identified at Valley
Floor and test the subtle gold anomalies at
Lefroy South
■
RC drilling planned to follow up any Aircore
anomalies
Tychean Resources Limited  Investor Presentation  February 2015
14
Thank You
Tychean Resources Ltd
Suite 5, 8 Clive Street
West Perth, Western Australia