Webinar: RRS Investor Conference - Day One, Session Three by Read Corporate

About This Webinar

This free two-day investor webinar will include presentations from some of Australia's most exciting emerging resource companies.

Agenda

Kairos Minerals (ASX: KAI)
Stavely Minerals (ASX: SVY)
Calidus Resources (ASX: CAI)
DevEx Resources (ASX: DEV)
ADX Energy (ASX: ADX)

Kairos Minerals (ASX: KAI)

Terry Topping - Executive Chairman

Kairos Minerals (ASX: KAI) holds one of the largest and most prospective strategic land-holdings in the emerging Pilbara gold province, a region which has enjoyed a dramatic renaissance of exploration interest over the past year thanks to De Grey Mining’s world-class Hemi discovery.

The Company’s Pilbara Gold Project offers outstanding potential for the discovery of intrusive-hosted gold systems similar to Hemi, while also boasting a recently-upgraded 873,500oz JORC Mineral Resource at its Mt York Project, located immediately adjacent to the world-class Pilgangoora lithium mining complex, 100km south-east of Port Hedland.

Following a landmark $9 million capital raising completed in the September Quarter, Kairos has cash reserves of over $12 million, putting it in a very strong position to progress a multi-pronged exploration program across the Pilbara Gold Project.

Exploration activities including mapping, sampling and geophysics to test extensive new gold targets at the Croydon, Kangan and Skywell Projects and up to 5,000m of Reverse Circulation drilling will commence in the second half of 2020 to identify extensions to existing resources at Mt York.

Stavely Minerals (ASX: SVY)

Chris Cairns - Managing Director

Stavely Minerals (ASX: SVY) ignited the market last September with its stunning, shallow high-grade copper-gold discovery at the Thursday’s Gossan Project in Western Victoria, since christened the “Cayley Lode”.

The discovery intercept of 32m at 5.88% copper, 1.00g/t gold and 58g/t silver captured the market’s attention, and saw Stavely embark on a major exploration and resource drilling program which has since made exceptional progress, defining high-grade mineralisation over the 1.5km long discovery zone.

With $32 million in the bank following successful raisings last year and this year, Stavely is powering ahead with a 4-rig resource drill-out which has since delivered some equally impressive results, such as the recent monster hit of 144m at 1.04% copper some 275m along strike from the discovery hole.

The Company also plans to drill two deep +1.5km diamond holes targeting the elusive porphyry core of the large mineralised system which it has outlined to date, in addition to completing the Cayley Lode drill-out and delivering a maiden Mineral Resource Estimate.

Calidus Resources (ASX: CAI)

David Reeves - Managing Director

Calidus Resources is closing in on the start of full development at its Warrawoona gold project in WA’s Pilbara region. The Company has established a 1.5Moz resource and a 547,000oz reserve and has started early construction works.

The Feasibility Study shows the project has an initial eight-year mine life producing 658,000oz at an all-in sustaining cost of A$1290/oz. EBITDA is forecast to be A$110 million a year at a gold price of A$2500/oz and the payback period is put at just 13 months. Full project construction is set to start early next calendar year.

Calidus is also in the process of acquiring the nearby Blue Spec deposit, which has a resource of 219,000oz at 16.3gpt. This could be processed at Warrawoona.

DevEx Resources (ASX: DEV)

Brendan Bradley - Managing Director

DevEx Resources has two high-impact exploration programs underway, the first targeting nickel-copper-platinum group elements (PGE) discoveries in the emerging Julimar region of WA, and the second targeting new discoveries in the world-class Lachlan Fold Belt of NSW.

At the Sovereign Nickel-Copper-PGE Project in WA, recent exploration programs support the potential for underlying mafic-ultramafic intrusive rocks of the Julimar Complex, host to Chalice Gold Mine’s high-grade Julimar Project discovery. A recent Airborne Electromagnetic Survey has identified several strong “late-time” conductors, up to 1km in length, supporting the potential for massive sulphide Ni-Cu-PGE mineralisation.

Following these highly encouraging results at the Sovereign Project, a ground moving-loop EM survey is planned for late November, ahead of a maiden program of Reverse Circulation and diamond drilling.

DevEx’s high-quality NSW copper-gold exploration strategy also continues at pace, with drilling underway at the Junee Copper-Gold Project and reconnaissance drilling recently completed at the Basin Creek Gold Project (remaining assays pending). The recent addition of the Wilga Downs Gold-Base Metals Project has further strengthened the Company’s NSW ground, with preparations also underway for an RC/diamond drill program to test high-priority targets in late 2020.

ADX Energy (ASX: ADX)

Ian Tchacos - Executive Chairman

ADX Energy Ltd (ASX: ADX) is a European-focused energy company that has recently completed the transformational acquisition of the Gaiselberg and Zistersdorf Oil Fields, located in the Vienna Basin of Austria, as the first step towards becoming a material European energy producer.

The acquisitions, which were completed in December 2019, have provided ADX with a stable, high-value, low-emission, low-decline production base of around 320 boepd (barrels of oil equivalent per day), with low operating costs.

Gaiselberg and Zistersdorf host remaining 2P developed and undeveloped reserves of approximately 1.5 million barrels, and ADX sees the opportunity for substantial production upside from work overs, infill and appraisal drilling.

In addition, ADX holds the exclusive rights to a large volume of exploration data, with a replacement value of $100 million, covering Upper Austria, including 3,600km2 of 3D seismic data and a drill-ready prospect inventory. Application areas proposed by ADX have been favourably received by Austrian Ministry and discussions are ongoing to finalise licenses.