reis 2013 broken hill - thomson resources asx:tmz

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Broken Hill - Resources & Energy Investment Symposium 2013 Discovering new mineral systems in Western NSW Discovering new mineral systems in Western NSW

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The 3rd annual Resources & Energy Investment Symposium (REIS) is on 19-22 May, once again held in the unique city of Broken Hill; Last year’s event exceeded the expectations of all that attended - including over 350 delegates, 12 keynote speakers and more than 30 resource companies presenting their investment opportunities. A focus for this year’s symposium will be on the current economic climate including its challenges and opportunities, not only in the Australian resources industry, but Australia’s position in the international market.

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Page 1: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

Broken Hill - Resources & Energy Investment Symposium 2013

Discovering new mineral systems in Western NSWDiscovering new mineral systems in Western NSW

Page 2: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

Disclaimer

2

The information contained in this presentation has been prepared byThomson Resources Limited (TMZ).

This presentation and the information contained in this notice is not arecommendation, offer or invitation by any person to sell or apply forsecurities in TMZ in any jurisdiction and none of this presentationdocument or its contents shall form the basis of any contract orcommitment.

This presentation is not a disclosure document under Australian lawor under any other law. It is for information purposes only.Accordingly, this presentation document neither purports to beexhaustive nor contain all of the information which a prospectiveinvestor or you may require to make an investment decision and itdoes not contain all of the information which would otherwise berequired by Australian law or any other law to be disclosed in aprospectus. Any invitation or offer to apply, buy or subscribe forsecurities in TMZ will only be made or extended through a disclosuredocument lodged with the Australian Securities and InvestmentsCommission in the event that any such invitation or offer proceeds.

This presentation has been prepared in good faith, but norepresentation or warranty, express or implied, is made as to thefairness, accuracy, completeness, correctness, reliability or adequacyof any statements, estimates, opinions or other information, or thereasonableness of any assumption or other statement, contained inthe presentation (any of which may change without notice). To themaximum extent permitted by law, TMZ and its directors, officers,partners, employees, advisers and agents and any other personinvolved in the preparation of the presentation disclaim all liability andresponsibility (including without limitation any liability arising fromfault or negligence) for any direct or indirect loss or damage whichmay arise or be suffered through use or reliance on anythingcontained in, or omitted from, the presentation.

No representation or warranty, express or implied, is given as to thefairness, accuracy, completeness, likelihood of achievement orreasonableness of any forecasts, prospective statements or returnscontained in the presentation. Such forecasts, prospective statementor returns are by their nature subject to significant uncertainties andcontingencies. You should make your own independent assessmentof the information and take your own independent professional advicein relation to the information and any action taken on the basis of theinformation.

Any such forecast, prospective statement or return contained in thepresentation has been based on current expectations about futureevents and is subject to risks, uncertainties and assumptions thatcould cause actual results to differ materially from the expectationsdescribed.

TMZ does not have any responsibility or obligation to inform you ofany matter arising or coming to their notice, after the date of thispresentation document, which may affect any matter referred to in thepresentation. You must not rely on the presentation provided butmake your own independent assessment of the presentation andseek and rely upon your own independent taxation, legal, financial orother professional advice in relation to the presentation. Thepresentation is not intended to constitute financial product advice anddoes not take into account your investment objectives, taxationsituation, financial situation or needs.

The distribution of this presentation in other jurisdictions including(without limitation) the United States, Canada and Japan (or to anyresident thereof) may be restricted by law and therefore persons intowhose possession this presentation comes should inform themselvesof and observe any such restrictions. Any failure to comply with theserestrictions may constitute a violation of the securities laws of anysuch jurisdiction.

The Shares have not been, and will not be, registered under the USSecurities Act or under any of the relevant securities laws of any stateof the United States or of Canada or Japan. Accordingly, unless anexemption under such act or laws is applicable, TMZ Shares may notbe offered, sold or delivered directly or indirectly in or into the UnitedStates, Canada or Japan.

Competent Person Statement

The information in this report that relates to Exploration Results,Mineral Resources or Ore Reserves is based on information compiledby Eoin Rothery, (MSc), who is a member of the Australian Instituteof Geoscientists. Mr Rothery is a full time employee of ThomsonResources Ltd. Mr Rothery has sufficient experience which isrelevant to the style of mineralisation and type of deposit underconsideration and to the activity which he is undertaking to qualify asa Competent Person as defined in the 2004 Edition of the“Australasian Code for Reporting of Exploration Results, MineralResources and Ore Reserves”. Mr Rothery consents to the inclusionin the report of the matters based on his information in the form andcontext in which it appears.

Page 3: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

Currently drilling

Byrock Project

o Mulga Tank copper prospect

Ghostrider Project:

o IP at the Bulla Bulla Pb-Zn-Ag

geochemical anomaly

Warraweena – Porphyry Cu-Au

potential

3

F1 - The largest most intense

magnetic anomaly in the

undercover Thomson fold belt

Page 4: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

Intrusion Related Gold Model

4

New deposit model

Pipe like geometry

Has essential gold

Associated with pathfinder

elements - bismuth, tin,

tungsten, arsenic, copper,

lead, zinc, silver

Sheeted vein systems;

commonly in or above the

intrusion roof

Page 5: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

Intrusion Related Gold Examples

5

Yukon:

Dublin Gulch – 3 million ozs gold

Red Mountain – 2 million ozs gold

Brewery Creek – 1.2 million ozs gold

Alaska:

Donlin Creek – 23 million ozs gold (10th largest global gold deposit)

Livengood – 20.6 million ozs gold (31st largest)

Pogo – 4.8 million ozs gold

Fort Knox – 4.1 million ozs gold

Queensland:

Kidston – 4.5 million ozs gold

Mt Leyshon – 3.2 million ozs goldSources: Baker et al. Economic Geology 2006; Thompson et al. Min Deposita 1999; SEG News Oct 12;

International Tower Hill Mines website; Golden Predator website; Victoria Gold website.

Page 6: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

Magnetic Signature – Yukon

6

10km

= These are all IRG mineralised systems including two +1Moz Au

Brewery Creek MineRed Mountain Project

Page 7: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

Magnetic signature - Cuttaburra IRG Field7

and these are IRGs too!

Page 8: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

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Cuttaburra IRGs discovered

New IRG mineral field discovered –

eight systems so far with just 13

effective drill holes

High grades of up to 3.7 g/t gold, 4%

zinc, 113 g/t silver, 0.5% copper, 0.8%

tin, 0.6% tungsten, 0.9% lead in initial

drilling

All eight bulls-eye magnetic anomalies

drilled are large, mineralised

hydrothermal systems

Shallower targets identified for follow

up drilling

“Ore grade” material found for the

first time in 2011 (but deep at 400m)

Page 9: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

Where to next? F1 prospect9

New deposit model – intrusion

related gold (IRG)

Possible large buried granite

below F1

Peripheral anomalies F3, F17

are mineralised

F1 – Drilled – May 2013

• Large, ring-type magnetic

anomaly

• Central position to buried

intrusion

• Linear alignment with F3

and F10

• Shallow cover ~100m = RC

target

Page 10: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

Where to next? F1 prospect10

Three holes drilled May 2013 –

to provide vector

Model correct: Granite

intersected in all three

Similar alteration to that seen

at the Cuttaburra IRGs

Quartz-carbonate stacked vein

systems with pyrrhotite, pyrite,

chalcopyrite and galena

Core cutting to be done; then

laboratory assays; results

expected June-July 2013

Page 11: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

Strong geochemical

anomaly in shallow

drilling (BHP 1984)

Lead up to 1.2%

(2m width at 14m

depth), zinc, copper,

silver also

anomalous

11

Four holes drilled on

three strong IP

anomalies

Ghostrider Project

One hole to

complete; assays

expected in June

Page 12: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

Porphyry copper-gold type

target – current drilling

Newcrest exploration – 3

effective holes in 2005

Following up reported 1% Cu

12

Chemistry on Newcrest holes

shows Macquarie Arc

shoshonitic-type

Anomalous zinc, copper, and

gold in cover rocks

Porphyry Cu-Au Target: Warraweena

Target – magnetic low: potassic

alteration? Magnetite

destruction and pyrrhotite (+/-

Cu) mineralisation?

Current Drilling

Page 13: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

Gossans on surface

over 500m

Visible chalcopyrite -

copper

Assays up to 0.13% Cu

13

Left large gap

Drilled in 1971 –

2 holes

Byrock Project - Mulga Tank Prospect

Potential for steep

ore zone

Page 14: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

Corporate Overview

14

Capital Structure

ASX Code: TMZ

Shares on Issue: 70.2 million

Market Cap: $2.8 million

Share Price: $0.035 - $0.07

(52 Week low/high)

Cash at bank: $1.8 million (17 May 13)

Debt – Nil

Employees - 2

Shareholders

PlatSearch NL: 25.6%

Van Der Horst Energy: 14.2%

Minotaur Exploration: 14.2%

Top 20 shareholders:

70

30Top 20

Other

Page 15: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

Target concept proved – new mineral

field discovered

15

Positive Investment Strategy

Currently drilling – results expected June -

July

Strong portfolio in well endowed Cobar

region

Cash on hand allows additional project

assessment

Experienced and skilled board and

management team

Page 16: REIS 2013 Broken Hill - Thomson Resources ASX:TMZ

Board

X

Lindsay Gilligan – ChairmanFormer Director of the Geological Survey NSW

Eoin Rothery – CEOFormer MD of India Resources (Surda Copper Mine)

and GM Exploration for Consolidated Minerals (Woodie Woodie Mn)

Greg Jones – Non Executive DirectorMD of PlatSearch, former senior geological positions in Sino Gold and CBH

Tony Belperio – Non Executive DirectorExploration Director for Minotaur Exploration: AMEC “Prospector of the

Year 2003” in recognition of Prominent Hill discovery

Ivo Polovineo – Company Secretary Former Secretary and CFO for Sino Gold