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NEWPEAK METALS LIMITED — Investor Presentation 2021
Mar 7, 2021
65438_rns_2021-03-07_dc2e34e7-cadc-4c55-9fb1-fca7e720f48a.pdf
Investor Presentation
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ü AIMS TO DISCOVER SEVERAL MULTIMILLION OUNCE SUPPLY OF ONE OF THE WORLDS MOST IN-DEMAND RESOURCES—GOLD.
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ü UNIQULY DIVERSIFIED, ESTABLISHED ASSETS IN 3 OF TOP MINING JURISDICTIONS GLOBALLY, NEW ZEALAND, ARGENTINA, FINLAND.
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ü STRATEGIC INVESTMENTS – 30% STAKE IN OIL & GAS EXPLORATION: LAKES OIL NL.
CORPORATE PRESENTATION PDAC VIRTUAL, MARCH 2021
DISCLAIMER
This presentation is not a prospectus, disclosure document or offering document under Australian law or under any other law. It is for informational purposes only. This document does not constitute, and should not be construed as, an offer to issue or sell or a solicitation of an offer or invitation to subscribe for, buy or sell securities in NewPeak Metals Limited (NPM).
Any material used in this presentation is only an overview and summary of certain data selected by the management of NPM. The presentation does not purport to contain all the information that a prospective investor may require in evaluating a possible investment in NPM nor does it contain all the information which would be required in a disclosure document prepared in accordance with the requirements of the Corporations Act and should not be used in isolation as a basis to invest in NPM. Recipients of this presentation must make their own independent investigations, consideration and evaluation of NPM. NPM recommends that potential investors consult their professional advisor/s as an investment in NPM is considered to be speculative in nature.
Statements in this presentation are made only as of the date of this presentation unless otherwise stated and the information in this presentation remains subject to change without notice. Reliance should not be placed on information or opinions contained in this presentation.
To the maximum extent permitted by law, NPM disclaims any responsibility to inform any recipient of this presentation on any matter that subsequently comes to its notice which may affect any of the information contained in this document and presentation and undertakes no obligation to provide any additional or updated information whether as a result of new information, future events or results or otherwise.
ASX: NPM
No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions or conclusions contained in or derived from this presentation or any omission from this presentation or of any other written or oral information or opinions provided now or in the future to any person.
To the maximum extent permitted by law, neither NPM nor, any affiliates, related bodies corporate and their respective officers, directors, employees, advisors and agents (Relevant Parties), nor any other person, accepts any liability as to or in relation to the accuracy or completeness of the information, statements, opinions or matters (express or implied)arising out of, contained in or derived from this presentation or any omission from this presentation or of any other written or oral information or opinions provided now or in the future to any person.
This presentation contains certain “forward-looking statements”. The words “expect”, “should”, “could”, “may”, “predict”, “outlook”, “guidance”, “plan” and other similar expressions are intended to identify forward-looking statements. Indications of, and guidance on, future earnings and financial position and performance are also forward-looking statements. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of NPM and the Relevant Parties, that may cause actual results to differ materially from those predicted or implied by any forwardlooking statements. NPM makes no representations as to the accuracy or completeness of any such statement of projections or that any projections will be achieved and there can be no assurance that any projections are attainable or will be realized or that actual outcomes will not differ materially from any forward-looking statements.
NEWPEAK 2021 STRATEGY
BERGSLAGEN TUNGSTEN PROJECT
ü ADVANCING THE EXPLORATION AND RESOURCE DEFINITION OF GOLD PROJECTS IN TOP MINING JURISDICTIONS GLOBALLY.
ü DRILLING ARGENTINE GOLD PROPERTIES.
ü DRILLING NEW ZEALAND GOLD PROPERTIES.
- ü DRILLING PLANNED FOR Q2 AT FINLAND GOLD PROJECTS .
SVEALAND, SWEDEN
SOMERO & TAMPERE GOLD PROPERTIES PIRKANMAA, FINLAND
NEWLY ACQUIRED SUNSTONE GOLD PROPERTIES PIRKANMAA, FINLAND
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ü ADDITIONAL DRILL READY FINLAND GOLD PERMITS RECENTLY ACQUIRED FROM SUNSTONE METALS.
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ü SCOPING STUDY COMPLETED AT SWEDEN TUNGSTEN PROJECTS.
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ü RAISED CAPITAL VIA PRIVATE PLACEMENT.
OTAGO GOLD PROPERTIES OTAGO, NEW ZEALAND
LAS OPEÑAS GOLD PROJECT
SAN JUAN, ARGENTINA
CACHI GOLD PROJECT
SANTA CRUZ, ARGENTINA
LAKES OIL NL (30%)
VICTORIA, AUSTRALIA
ASX: LKO
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CORPORATE OVERVIEW MAJOR SHAREHOLDERS
MAJOR SHAREHOLDERS
Shares on Issue 5.67 Billion
DGR Global
11%
Year Low-High Share Price AUD 0.002 - 0.006
Neil Stuart
8%
David Mason (MD)
Cash in Bank AUD$2.3 Million
66%
6%
Directors & Mgmt
5%
Other
Lakes Oil Value (@ 0.15c - Currently AUD$15 Million
suspended from trading)
TICKER CODE MARKET CAP SHARE PRICE
ASX: NPM AUD 13-17M AUD 0.3-0.4c
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ü GEOLOGY ENTREPRENEURIAL BACKGROUNDS.
ü SUCCESSFULLY LEAD EXPONENTIAL GROWTH DEVELOPMENTS FROM EXPLORER TO DISCOVERY.
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CHAIRMAN NICK MATHER
DGR, SOLGOLD, ORBIS, ARROW.
DIRECTOR BRIAN MOLLER HOPGOOD GANIM.
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CEO DAVID MASON
SWABARA, ADARO, INTRAENERGY.
ADVISOR NEIL STUART CERRO NEGRO, OROCOBRE.
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NEWPEAK REACHING MILESTONES
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Exploration drilling commenced in New Zealand December 2020 and continuing in February 2021 chasing Orogenic Gold nearby OceanaGold’s large Macraes Mine. A large portfolio of exploration permits obtained through acquisition and application in the Otago Goldfield.
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Recent successful completion of maiden drilling at Cachi Gold in Argentina. System proven to be fertile at depth to over 200m. Continuation of drilling in March 2021 over several expansive Epithermal Gold targets defined by surface exploration.
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Plan to drill the Tampere and Somero Finland Gold projects in April/May 2021. Securing a drilling contract and arranging site logistics.
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Recent acquisition of Sunstone Metals drill ready Gold permits to complement NewPeak Gold properties at Tampere. Previous drilling results include 29.5m at 2.65g/t Gold from 137m, including 9m at 7.3g/t Gold[1] . Drilling commenced as soon as rig is secured.
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Scoping study completed at the Bergslagen Tungsten properties in Sweden. Anomalous Tungsten .
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confirming historical results and elevated levels of Copper, Zinc and Molybdenum[2]
1See ASX Announcement 29 January 2021 2See ASX Announcement 4 March 2021
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ASX: NPM
LO
LAS OPEÑAS GOLD PROJECT SAN JUAN, ARGENTINA
CACHI GOLD PROJECT SANTA CRUZ, ARGENTINA
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CACHI GOLD PROJECT SANTA CRUZ, ARGENTINA ü Maiden drilling successful, proving system is fertile at depth.
ü Drilling continuing in March to test high priority targets.
ü Located in the Deseado Massif.
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HIGH EPITHERMAL GOLD PROVINCE
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ü Deseado Massif – world class Gold region
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ü Greater than 28 million Gold equivalent ounces of total endowment.
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ü Pro-mining jurisdiction - seven mines in the past 15 years.
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ü Multiple company maker discoveries: ü Cerro Negro - Andean Resources acquired by Goldcorp for US$3.4B in 2010.
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ü Cerro Moro - Extorre Resources acquired by Yamana for C$413M in 2012.
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ü Cerro Vanguardia – AngloGold – massive gold and silver deposit.
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ü NewPeak has a large footprint of prospective ground – Cachi , Halcon, Rosita Norte and Canadon Agustin.
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HIGH EPITHERMAL GOLD PROVINCE
THE COMPANY’S OBJECTIVE IS TO DEFINE A MAIDEN GOLD RESOURCE IN 12 MONTHS, ITERATIVELY INCREASED OVER A 4 YEAR PERIOD.
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ü
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15 High priority targets, with maiden drilling program completed, proving one of the largest targets, Vetas Cachi, is fertile at depth.
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ü
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Drilling commencing in March to test other various high priority targets, such as Vetas NW, Morena and Puma, to further define the precious metals system.
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ü
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Vetas NW has the highest silver grades in the Cachi property. This target consists of gold bearing vein breccias and silicified structures hosted in siliceous tuff over a length 1.5km. Surface sampling has returned 1m @ 1.0g/t Gold and 434g/t Silver as well as 0.5m @3.7g/t Gold and 121g/t Silver[1] .
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ü
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Morena is over 700m in length and comprises vein breccias with hematite and limonitic quartz fill within NW-SE trending silicified structures. Surface sampling from this area returned maximum Gold values of 3.6 g/t Gold and 46 g/t Silver[1] .
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ü Puma presents as a 750m long east-west zone of abundant quartz float with some outcrop of sheeted veins and stockwork within a quartz porphyry rhyolite. A ferruginous sub-cropping structure returned results of 0.3 g/t Gold, 75 g/t Silver[1] .
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1See ASX Announcement 30 June 2019
VETAS CACHI POSITIVE MAIDEN DRILLING
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ü
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Maiden drilling program successful at Vetas Cachi prospect proving system is fertile at depth, identifying a wider than expected main breccia vein continuous at depth to over 200m.
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ü Elevated Gold over 400m of strike with broad zones of low sulphidation epithermal multi-phase veining intersected in drilling.
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ü All Gold assays have been returned including:
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CDH21-01 intersects 27.25m @ 0.81g/t Gold from 25.2m depth including 3.9m @ 2.38g/t.
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CDH21-08 intersects 2 zones returning 16.0m @ 0.63g/t Gold from 10m depth and 12.70m @ 0.64g/t Gold from 47.30m. Both zones returned a high- grade interval of 1m @ 5.03g/t Gold and 0.95m @ 4.76g/t Gold respectively[1] .
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ü Results confirm the vast scale of the Cachi Gold Project where some 15 high quality targets remain to be drill tested with drilling continuing in March.
1See ASX Announcement 22 February 2021 12
LAS OPEÑAS GOLD PROJECT SAN JUAN, ARGENTINA ü Surface values up to 54.2g/t Gold and 3,112g/t Silver.
ü First shallow phase drilling struck Gold values up to 4.8g/t Gold and 528g/t Silver. ü Ready for next phase drilling for JORC resource definition.
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HIGH EPITHERMAL GOLD PROVINCE
THE COMPANY’S OBJECTIVE IS TO DEFINE A MAIDEN GOLD RESOURCE WITHIN 2 YEARS.
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ü Located in mining friendly province of San Juan.
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ü Indio Belt structural trend. Numerous, multi-million-ounce epithermal style Gold-Silver deposits including Veladero, Pascua Lama, Gualcamayo, Casposo and El Indio .
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ü 1,462ha lease, 3,000m elevation, excellent access.
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ü Highly mineralised epithermal Gold veins, adjacent to a magmatic breccia system, likely to have formed from a deeper porphyry system, currently untested.
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ü Similar characteristics to Gold Field’s Salares Nortes deposit in Chile - 2million ounces of Gold below 100m depth with surface expression of 200m x 300m.
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ü Surface Gold values up to 54.2g/t[1] and Silver to 3,112g/t[2] . Initial shallow phase drilling struck Gold values up to 4.8g/t[3] Gold and 528g/t[3] Silver.
1See ASX Announcement 26 July 2019 2See ASX Announcement 10 October 2019 3See ASX Announcement 19 November 2019
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HIGH EPITHERMAL GOLD PROVINCE
BONANZA GOLD AND SILVER AT LAS OPEÑAS GOLD PROJECT READY FOR RESOURCE DEFINITION DRILLING.
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ü Presagio - largest and main target.
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ü Intricate multiple veins set and vein breccias varying from 200m to 2,200m in length, stacked over a corridor width up to 200m and open in all directions.
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ü NewPeak completed an initial test phase drilling in April 2019, which resulted in confirmation of high grade mineralized zones to moderate depths from surface.
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ü Comprehensive phase of drilling has now been designed at Presagio to define resources to JORC standard for mid2021.
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ASX: NPM
OT
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OTAGO GOLD PROPERTIES OTAGO, NEW ZEALAND
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ü A maiden drilling program at Cap Burn has commenced to test the main large surface anomaly within the project’s East Block and multiple anomalies on the West Block.
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ü To date five drill holes have been completed, the remaining holes are underway.
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ü Nine other permits exist within the Otago Gold Properties, all with exceptional prospects.
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OTAGO NEW ZEALAND – A PRIME GOLD JURISDICTION
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ü NewPeak acquired 75% stake in the Cap Burn Gold Project through an earn-in joint venture with MRJV (Mineral Rangahau Joint Venture), and 100% ownership in several other Gold properties in the Otago region[1] .
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ü Properties are near OceanaGold’s Macraes Mine in the east and Santana-Matakanui Bendigo-Ophir Project in the west.
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ü Macraes Mine is an open pit and underground mine which has produced 5 million ounces since 1990 and 172,475 ounces in 2019 with JORC Measured and Indicated resources of 3.5 million ounces Gold[2] .
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ü Cap Burn Gold Project is NewPeak’s most advanced target of the Otago Gold Properties.
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ü Total area of Cap Burn Gold Project is 19.5km[2] . The current geological interpretation and mineralisation model point to Cap Burn as having significant potential for the discovery of a large Gold system, similar to others in the region.
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ü A maiden drilling program at Cap Burn has commenced to test the main large surface anomaly within the project’s East Block and multiple anomalies on the West Block.
1See ASX Announcement 7 September 2020 2http://www.oceanagold.com/
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CAP BURN GOLD PROJECT MAIDEN DRILLING
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ü Maiden drilling program commenced December 2020 and recommenced February 2021. Currently early stage with numerous targets to drill.
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ü Probable that Cap Burn lies on extensions of the HydeMacraes Shear Zone (Macraes Mine lies along 10km of the 30km long Hyde-Macraes Shear Zone).
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ü The Cap Burn permit features 2 types of Orogenic Gold mineralisation similar to Macraes Mine.
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ü Target 1 in the East Block is a 1km by 1km Arsenic anomaly with coincident Gold in soils and rock chip samples. A series of at least 12 diamond drill holes ranging from 30 to 200m in depth for a total of over 1,000m is planned to test the source of the surface anomaly and the potential for the underlying schist to host economic mineralisation.
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ü To date five drill holes have been completed, the remaining holes are underway. Alton Drilling is contracted to carry out the work utilizing a track mounted R37 XHD1150 drill rig.
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ü Cap Burn Western Block soil sampling to date has identified anomalous Gold, Arsenic and Antimony over a 3km[2] area. Of the 20 analysed quartz vein float, 19 returned anomalous Gold (>0.1 g/t Gold) with three of these returned values between 1 and 2 g/t Gold. Historical rock samples have returned values of up to 3.25g/t Gold[1] .
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1See ASX Announcement 7 September 2020
OTHER OTAGO GOLD PROPERTIES NEW ZEALAND*
CARRICK GOLD PROJECT
- ü Significant prior drilling including results of 12m @ 3.0g/t Gold (includes 2m @ 14.5g/t Au, 4m @ 7.4g/t Gold and 2m @ 7.1g/t Gold, all from near surface.
GARIBALDI GOLD PROJECT
- ü Surface and trenching exploration has delineated several drill targets with rock chip assays up to 16.1 g/t Gold and trenches up to 14.8 g/t Gold.
FILLY BURN GOLD PROJECT
- ü Exploration target is for mineralisation similar to Cap Burn. Possibility is enhanced by presence of Gold placer workings in Tertiary sediment remnants both to east and west of PPA.
WILD DOG CREEK GOLD PROJECT
- ü EPA area within mineralised belt containing Macraes Mine. The fault contact between the two zones appears equivalent to the Footwall Fault, one of the bounding faults of the shear zone that hosts the Macraes Deposit.
RAGGEDY RANGE GOLD PROJECT
- ü Straddles the schist texture boundary with Gold veining worked in the past within 2km on the north side. Placers were worked for Gold in valley sediments east of the uplift mountain range. The target mineralisation is in schists lacking significant quartz which may occur on either side of the schist uplift boundary.
SERPENTINE GOLD PROJECT
- ü The EPA area covers a possible sheared boundary between two distinct textural terranes similar to the geological setting at Macraes Mine. Regional magnetics suggests the boundary runs along the northeastern edge of the EPA with vein and placer gold having been mined along or near this line of magnetic contrast.
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*See ASX Announcement 7 September 2020
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ASX: NPM
FINLAND GOLD PROJECTS PIRKANMAA, FINLND
TA
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ü Finland is the largest producer of Gold in Europe. ü Recently acquired additional Gold properties from Sunstone Metals in Southern Finland to complement Tampere Gold Project.
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ü Sunstone Metals projects are ready to drill as soon as a rig is secured. Hopeavuori to follow soon after.
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FINLAND – A PRIME JURISDICTION FOR GOLD MINING [*]
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ü Finland is second only to Western Australia in the world for mining investment based on the Investment Attractiveness Index. It has also become the European Union’s top producer of Gold over the last decade.
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ü NewPeak has acquired a portfolio of Finland Gold Properties from Sotkamo shown in blue on the figure, and has subsequently applied for the Onnia Reservation Permit.
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ü Hopeavouri is the most advanced target and is drill ready.
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ü NewPeak has also acquired a portfolio of Gold properties from Sunstone Metals shown in green on the figure. The main projects are Satulinmäki and Riukka, which are drill ready.
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ü NewPeak projects nearby 3 Gold mines - Orivesi, Jokisivu, Kaapelinkulma, with processing facility at Vammala.
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*See ASX Announcement 29 January 2021
RECENTLY ACQUIRED PERMITS FROM SUNSTONE METALS*
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ü Successful completion of acquisition of additional Southern Finland Gold permits from Sunstone Metals to complement NewPeak Gold properties at Tampere.
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ü The Sunstone permits provide high quality Gold targets with the most advanced prospect, Satulinmäki, drill ready allowing NewPeak to commence drilling in Finland as soon as a rig is secured.
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ü Sunstone’s previous Satulinmäki drilling results have included 29.5m at 2.65g/t Gold from 137m, including 9m at 7.3g/t Gold.
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ü Exploration by Sunstone, and historical drilling and sampling by the Finnish Geological Survey, has identified several Gold occurrences in the district, with Satulinmäki and Riukka being the most advanced. Gold is hosted in sulphidic quartz veins and shears.
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ü There are number of drill ready targets which are currently under review by NewPeak.
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ü Planning for a drilling program consisting of several thousand metres for the Satulinmäki prospect is currently underway.
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* See ASX Announcement 29 January 2021
ADVANCED TARGET - SATULINMÄKI
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ü The main Satulinmäki gold trend, which had been outlined over a ~300m strike length from drilling, was extended to 1.2 kilometres by a 2017 IP survey. The Conductivity results identified discrete anomalies that coincide with the high-grade intersections delivered by holes such as SMDD007[1]
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ü Drilling at Satulinmäki is planned to commence summer 2021.
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ü Program comprises up to several thousand metres of diamond drilling, initially in the known mineralised areas as well as targeting IP anomalies previously untested
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ü Within the area of known mineralisation, drilling will be carried out to further delineate the high-grade shoots identified in Sunstone drilling.
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1See Sunstone Metals ASX release 17th May 2017
ADVANCED TARGET - HOPEAVOURI
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ü Hopeavouri – one of the most advanced, 54 shallow Diamond drill holes (3,341m) to evaluate mineralised structure 30m wide that extends over the drilled strike length of 300m.
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ü Surface geophysics suggests this zone could extend to northwest for a total of 800m length.
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ü Drilling to only 75m below surface, with 132 anomalous mineralized drilling intercepts. Best Gold drilling intersections*:
R305: 11.5m at 19.4 g/t Gold from 30.6m depth R313: 10.7m at 14.4 g/t Gold from 4.0m depth R330: 3.0m at 106.7 g/t Gold from 22.0m depth
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ü Bench scale metallurgical testing has returned a 93% Gold recovery from sulphide flotation.
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ü A driling program for Hopeavouri has been completed and drilling will commence as soon as permits have been transferred.
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* See ASX Announcement 9 June 2020
HOPEAVUORI DRILLING DESIGN
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DRILLING TO TEST PRESENCE AND CONTINUITY OF HIGH-GRADE MINERALISATION WITHIN 2 NORTHSOUTH TRENDING STRUCTURES.
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ü Drilling planned to commence summer 2021.
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ü Drilling will be carried out on the most advanced Hopeavuori permits with some drilling also at Kalliojärvi and Metsäkylä.
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ü Program comprises up to several thousand metres of diamond drilling, initially in the known mineralised areas, and then will follow the structures at depth and along strike to test their extent.
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ü Negotiations underway to engage a local wellrespected, and experienced drilling company, as is permitting, logistical planning and developing a technical team to supervise the work.
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ü On the successful completion of this first drilling program, a second phase is planned.
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OVERVIEW OF HIGH PRIORITY TARGETS
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ü Drilling at Satulinmäki ( permit name, Somero) by Sunstone in 2016 included results of 29.5m at 2.65g/t Gold from 137m, including 9m at 7.3g/t Gold, in SMDD007, and 2m at 10.5g/t Gold from 7m in SMDD0052[1] .
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ü Järvenpää: 15 Diamond drillholes over 1500m of strike length, all intersecting broad zones of auriferous geochemistry up to 15m in width. The best single Gold assay in drill core is 10.8 g/t Gold[2] .
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ü Isovesi: 6 drillholes for 506m with best results of 3.7m @ 5.3g/t Gold and 2m @ 4.8 g/t Gold[2] .
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ü Kalliojärvi: 38 drillholes for 1,814m over 350m of strike length with best results of 4.3m @ 7.2g/t Gold, 4.8m @ 6.5 g/t Gold, 1m @ 15.7g/t Gold and 3m @ 5.6 g/t Gold[2] .
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ü Lavajärvi: 17 drillholes for 1,547m. Best results of 1m @ 1.7g/t Gold, 2m @ 1.1 g/t Gold, 4m @ 1g/t Gold and 1m @ 1.9 g/t Gold[2] .
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ü Metsäkylä: 12 drillholes for 1,113m with a best result of 1m @ 27.6g/t Gold[2] .
1See Sunstone Metals ASX release 14th November 2016 2ASX release 9 June 2020
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LAKES OIL NL
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30% HOLDING ASX: LKO
PNG – APPL 622
Aitape Basin Exploration
PNG – APPL 550
PNG – PPL 560
Western Province Exploration
Cape Vogel Basin Exploration
Pirrie Torrens
Exploration Project
ATP’s 642 &662
Eromanga Basin Exploration
ATP 1183 Roma Shelf
Oil & Gas Project
PEL 155 Nangwarry-1
Gas Prospect
Portland Energy
Gas Project
PRL 2 – Wombat
PEP 169
Oil & Gas Project
Otway-1 Gas Project
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ü Has prospects ready for drilling, including the conventional Wombat-5 well.
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ü Trading currently suspended, working around the clock to resume.
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ü Wombat-5 well will aim to commercialize a known gas resource with prospect of supplying 10% of Victorian gas demand.
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ü Multiple Permits and Applications in PNG covering proven hydrocarbon producing areas.
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ü Victorian Onshore Exploration moratorium ends mid 2021 and there are Victorian Onshore prospects awaiting drilling.
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ü Gas shortage in Eastern Australia driving >$8/GJ gas prices.
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ONSHORE VICTORIA
INDEPENDENT ESTIMATED POTENTIAL
PROSPECT
Annual Total
Wombat (PRL 2)
329 Bcf (2C)
20 Bcf
Trifon-Gangell (PRL 2)
390 Bcf (2C)
PEP 175 Focus Area
150 Bcf 11 Tcf P50)
Otway-1 (PEP 169) 3-5 Bcf TBD
Bcf : billion cubic feet
Tcf : trillion cubic feet
GJ : giga joule
1 Bcf = 1,055,056 GJ
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@ASX_NPM
@NEWPEAKMETALS
CONTACT
ASX: NPM
WWW.NEWPEAK.COM.AU
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DAVID MASON MANAGING DIRECTOR +61 400 707 329 DMASON @NEWPEAK.COM.AU
COMPETENT PERSONS STATEMENT
The information herein that relates to Exploration Targets and Exploration Results is based information compiled by Mr Trevor Leahey, who is a member of The Australian Institute of Geoscientists. Mr Leahey is a consultant to NewPeak Metals Ltd. Mr Leahey has more than twenty years experience which is relevant to the style of mineralisation and types of deposits being reported and 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, Minerals Resources and Ore Reserves’ (the JORC Code). This public report is issued with the prior written consent of the Competent Person(s) as to the form and context in which it appears.
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