2015 Broken Hill Resources Investment Symposium - Investigator Resources (ASX: IVR) - John Anderson

SOUTH AUSTRALIAN EXPLORERS WITH THE RIGHT TRACK RECORD WELL FUNDED & DRILLING

John Anderson – Managing Director

Broken Hill Resources Investment Symposium 26th May 2015

ASX : IVR

New discovery opportuniOes for the Paris silver copper district

INVESTIGATOR RESOURCES

LIMITED

DISCLAIMER The informaOon in this presentaOon is published to inform you about InvesOgator Resources Limited and its acOviOes. Some statements in this presentaOon regarding esOmates or future events are forward looking statements. They involve risk and uncertainOes that could cause actual results to differ from esOmated results. All reasonable effort has been made to provide accurate informaOon, but we do not warrant or represent its accuracy and we reserve the right to make changes to it at any Ome without noOce.

To the extent permiYed by law, InvesOgator Resources Limited accepts no responsibility or liability for any losses or damages of any kind arising out of the use of any informaOon contained in this presentaOon. Recipients should make their own enquiries in relaOon to any investment decisions.

COMPETENT PERSONS STATEMENT The informaOon in this presentaOon relaOng to exploraOon results is based on informaOon compiled by Mr. John Anderson who is a full Ome employee of the company. Mr. Anderson is a member of the Australasian InsOtute of Mining and Metallurgy. Mr. Anderson has sufficient experience of relevance to the styles of mineralisaOon and the types of deposits under consideraOon, and to the acOviOes undertaken, to qualify as a Competent Person as defined in the 2012 EdiOon of the Joint Ore Reserves CommiYee (JORC) Australasian Code for ReporOng of ExploraOon Results, Mineral Resources and Ore Reserves. Mr. Anderson consents to the inclusion in this report of the maYers based on informaOon in the form and context in which it appears.

The informaOon in this presentaOon that relates to Mineral Resources EsOmates at the Paris Silver Project is extracted from the report enOtled “Maiden Resource EsOmate for Paris Silver Project, South Australia” dated 15 October 2013 and is available to view on the Company website www.investres.com.au. The Company confirms that it is not aware of any new informaOon or data that materially affects the informaOon included in the original market announcement and that all material assumpOons and technical parameters underpinning the esOmates in the relevant market announcement conOnue to apply and have not materially changed. The company confirms that the form and context in which the Competent Person’s findings are presented have not been materially modified from the original market announcement.

Disclaimer & Competent Person Statement

2 Inves9gator Resources Ltd Broken Hill Resources Investment Symposium 26th May 2015

Back to the Future at Broken Hill

Ini9al resource •  Paris 20Moz silver deposit is significant

ü  On-‐going internal studies on opOons ü  New geology & deposit styles for SA

Excellent flow-‐on discovery opportuni9es •  Diverse style potenOal

ü  Imiter high-‐grade silver ü  Skarn & breccia/porphyry copper ü  Skarn & Ardlethan On

•  Improved targeOng aher challenging 2014 ü  Rolling out upgraded mineral systems model

(dykes paYerns, alteraOon, metal zoning)

Maximising use of available cash •  Capitalising on Know How & drillcore assets

ü  Remapping & relogging ü  PrioriOsing mulOple new targets ü  CollaboraOve research

Drilling best target opportuni9es in mid-‐2015

IVR’s focus on the emerging Uno Province -‐ first mover

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Paris

Inves9gator Resources Ltd Broken Hill Resources Investment Symposium 26th May 2015

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Corporate Overview

Capital Structure

ASX listed since 2007 Shares (ordinary) Op9ons (Listed) Op9ons (unlisted) Share Price (20 May 2015) Op9ons Price “ “ “ Market Cap (A$m) Cash (31 March 2015)

IVR 462.3M 114.2M 15.5M 1.4c 0.4c $6.5M $3.4M

Share Register as at 20 May 2015

CITIC Australia (Since IPO 2007) Acorn Capital (Since 2011) Board & Management Top 20 Total shareholders

14.5% 6.0% 2.7% 36.4% 3,423


2009–2011: IniOal success of Paris silver discovery Came from soil geochemistry & unmapped epithermal outcrops

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Nankivel

Paris

Silver-‐in-‐soils on TMI magne2c image for Paris-‐Nankivel area

Helen c. 3oz silver

Helen Alexander

Paris South c.1oz silver

Helen East 1996

2010

Nankivel alunite haema2te altered rhyolite breccia: Possible barren shoulder to a porphyry-‐style hydrothermal system

Granodiorite 1985 drilling for BHT deposits

Mapped 1990

1km


2012-‐3 drill out of Paris silver deposit – maiden resource October 2013

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Category Tonnes Grade Contained silver

Grade Contained Lead

Inferred 5.9Mt 110g/t Ag 20Moz 0.6% Pb 38kt Based on a cut-‐off grade of 30g/t Ag

Five Key Points: 1.   The Grade -‐ 110g/t Ag grade is among the

highest silver grades in Australia 2.   The Ounces -‐ 20Moz silver 3.   It’s Shallow & Sof -‐ 5 to 150m from

surface 4.   Preliminary Metallurgy – posiOve

recoveries indicate convenOonal pathways & opOmisaOon potenOal

5.   High grade component -‐ About 30% of the resource tonnes contains 60% of the contained silver ounces

Surface to 150m


Paris target model -‐ cross secOon PotenOal for mulOple centres & associated deposit styles

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2km

Reactive basement - altered dolomite - graphitic sediments

Potential porphyry or breccia copper deposits

Paris Palaeo-surface

Distal volcanic & granite breccia

Altered overlying volcanics Hydrothermal

breccia Altered polymict breccia (vent) Sulphide fragments

Late mineralising dykes

WARM HOT Paris target vectors

Magnetite-associated skarn copper deposits

Alunite

Early intrusive

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Source granite


2014 drilling of satellite soil targets – mixed results

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Helen Best silver intersec2on 4m @ 143g/t Ag 11% Pb

Alexander Weakly mineralised volcanics

Paris 20Moz silver

Helen East/Diomedes Large altera2on breccia zone

Argos Extension of Paris breccia trend Sporadic intersec2ons

Current drill coverage: IVR Pre-‐IVR

1km


Nankivel West Not yet drilled Nankivel

No further access

Copper success at Helen shows potenOal but raised quesOons on soil geochem (no signature at Helen; chlorite alteraOon at Diomedes etc.)

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Alexander

Helen West

Helen East

Paris

Diomedes

Helen Copper 9m @ 1.14% Cu 0.31g/t Au 9m @ 377g/t Ag

Copper-‐in-‐soils on TMI magne2c image for Paris-‐Nankivel area

1km


Nankivel Rim

Nankivel Central

Uno Province in 2015 – robust regional metallogenic model

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Paris Menninnie Dam Parkinsons

Dam


Upgraded model for Paris system

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Uno Fault

Late NE rhyolite dykes

Early structures & intrusives

Nankivel trend

Scalloped Uno Fault splays

1km


Expanded target potenOal – close similariOes in seqng with Moroccan world-‐class high-‐grade silver mine

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Uno Fault

Nankivel trend 1km


Imiter 290Moz silver field at same scale

Rhyolite Grano-‐ diorite

Imiter 290Moz silver field at same scale

EL5419 “Thurlga” JV EL5368 “Peterlumbo” 100% IVR 5km

Paris district – abundant potenOal, targets & room Roles of dykes, structures & intersecOons in locaOng mineralisaOon

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Tilt magneOc image; Thurlga Joint Venture with Adelaide Resources Limited

Paris

EL4827 “Mt Nol 100% IVR


Preliminary targets in magneOcs

Composite regional cross secOon -‐ strong Imiter analogy PotenOal around Paris for verOcal silver deposits with subtle soil footprints

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Imiter, Morocco: Historic resource 290Moz silver; Annual producOon c. 7Moz; Grade c. 440g/t Ag As in the Paris district: Preserved ancient epithermal; Host– base of volcanics in regional E-‐W fault; Adjacent to reacOve sediments; Early granodiorite; Mineralising NE rhyolite dykes; Large low-‐grade halo.


Rolling out the IVR approach: e.g. Thurlga JV -‐ magneOcs, aerial ortho-‐imagery, prospecOng

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5km

A) TMI/RTP MagneOc image; B) Topographic contour image ( 5m contours: red stars are shallow historical drill holes)

5km

Sunset pits – altered volcanic breccia

Rare exposure of Uno Fault Zone containing

Ironstone breccia (As Ba anomalous)

& Interpreted rhyolite breccia


IVR approach: e.g. Thurlga JV -‐ soil geochemistry remains a key exploraOon ingredient

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Silver Copper Gold

Recent results: First-‐pass soil geochemistry delineates broad coherent anomalies coincident with preliminary magneOc targets based on Paris model

5km


High-‐priority Thurlga targets – infill soil sampling & prospecOng underway

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c. 5km

5km


Imiter field template at same scale

Postulated early intrusive

Paris field (100% IVR): Remapping & reviewing extensive datasets e.g. Arsenic as a pathfinder to possible fault-‐hosted Imiter-‐style targets

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1km

Paris


Target PrioriOsaOon

Nankivel West Ag Pb Au

Argos/Ares North Ag Pb Au Cu

Nankivel Ag Pb Au

Helen East Cu Au Ag

Diomedes Cu Au Ag

Nankivel East Rim Cu Au

Alexander SE Cu Au Ag

Drill mid-‐year Subject to remapping & review (some targets subject to heritage survey)

1km

Helen West Cu Au Ag

Nankivel Central porphyry/breccia?Cu Au

Helen SW skarn Cu Au Ag

19 Inves9gator Resources Ltd Broken Hill Resources Investment Symposium 26th May 2015

Maintaining progress through a major downturn

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Inves9gator Resources is offering mul9ple breakthrough opportuni9es for further silver lead copper gold discoveries in an emerging mineral province

Our focus is building on the Paris silver resource with the surrounding poten9al Requires judicious and warranted applica9on of available funds

Leveraging extensive & valuable drill samples, datasets, IP & infrastructure 1.  Drilling of highest priority targets is planned for mid-‐year (Government funding grant for collaboraFve drilling)

•  Three prime targets near Paris for silver add-‐ons, skarn copper & a porphyry/breccia central to the mineral system

2. IntegraOng mulOple datasets & remapping to develop new drill targets in the Paris minerals system

•  Includes potenOal for Imiter-‐style high-‐grade silver deposits that may have subtle soil & ironstone signatures

3. Offering these assets & the central Paris Hilton camp as a collaboraOve research plasorm to expand our targeOng capability while benefiOng the wider exploraOon community (CollaboraFve research MOU with GSSA)

Interstate Chief Government Geologists’ visit to Paris camp

Geological Survey of SA geoscienFsts examining Paris core


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2015 Broken Hill Resources Investment Symposium - Investigator Resources (ASX: IVR) - John Anderson