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
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