TETRA RESOURCES LIMITED Company Presentation December 2012

Embed Size (px)

Citation preview

  • Slide 1
  • TETRA RESOURCES LIMITED Company Presentation December 2012
  • Slide 2
  • Company Strategy Acquire highly prospective tenements Explore the tenements for Gold Copper Uranium Manganese and Base metals Convert exploration assets to resources and mineable reserves
  • Slide 3
  • Company Assets Tetra Resources Ltd (100%) Gold/Copper Projects (2) 153km 2 (Granted) Uranium Projects (2) 600km 2 (1 Granted) Manganese Project (1) 145km 2 (Granted)
  • Slide 4
  • Midgengadge Manganese Project Approx. 350km southeast of Port Hedland Within highly prospective Mn District Approx. 30km northwest of Woodie Woodie Mn Mine Immediately SE of the Jupiter Mn Tenements 48 Graticular Blocks (approx. 145km 2 ) Tetra Resources
  • Slide 5
  • Highly Prospective Mn District Woodie Woodie (Consolidated Mining Operating with resource 20Mt @ 40%Mn Nicholas Downs (Hancock Prospecting / Mineral Resources) Operating @ 700kt @ 38%Mn pa. Resource over 20M tonnes Spitfire Resources Resource 11.3Mt @ 15%Mn currently undertaking BFS Ant Hill & Sunday Hill (Mineral Resources/Mesa Mining) 2006 Sunday Hill resource 4.7Mt @ 18.4%Mn Jupiter Mines 1 st pass drilling identified 19 significant intercepts over 15%Mn. Raised $150M to progress Mn (SA) and Fe (AUS) Projects Shaw River Resources 10,000m drilling completed in 2011 Brumby Resources Drilling identified resource 64Mt @ 10%Mn
  • Slide 6
  • Tetra Geoscience Australia Australian Manganese Resources Map
  • Slide 7
  • Mineral District Geology Tetra Resources Ltd Woodie Woodie Mn Project (over 50 deposits) Mn occurs on Carrawine Dolomite as cavity fill and sheets and lenses in Pinjian Chert overlying the dolomite (supergene process) Larger deposits occurs as pipe-like body down to about 30m Higher grade occurs when the dolomite is uncomformably overlain by the manganiferous shales of Bangemail Group
  • Slide 8
  • Midgengadge Mn Project Manganese Outcrop 38.65% Mn Manganese Hills Midgengadge Project Mn occurrence on the tenement rock chip up to 56.9%Mn (average 30% Mn) Similar geophysical and geological attributes to the Woodie Woodie Mn Mine Possible extensions below clay cover
  • Slide 9
  • Rock Chip Samples Midgengadge Project Approx. 700m MnAlFeMgPS Units%%ppm% NFTM00119.30.9930.430.0924210.078 NFTM00237.341.157.470.127400.025 NFTM00338.651.246.740.124950.007 NFTM00419.272.054.080.1421