onlyuseActively Exploring for world-class mineral systems in South Australia

ersonalNoosa Mining Conference November 10 2021

Corporate Overview

Copper focussed polymetallic exploration in South Australia and Western Australia

only

CAPITALISATION DATA(1)

A$0.048

505M

SHARE PRICE

BASIC S/O

use

A$24.5M

A$2.3M

MARKET CAP

NET CASH(2)

MANAGEMENT AND BOARD

ersonal

GARY STEINEPREIS

THOMAS LINE

CEO

NON-EXECUTIVE DIRECTOR

PAUL CRONIN

ERIC DE MORI

NON-EXECUTIVE DIRECTOR

NON-EXECUTIVE DIRECTOR

DAVID CHAPMAN

NON-EXECUTIVE DIRECTOR

1. As at market close 9 November 2021

2. 30 Sep 2021 cash of ~A$2.3M

Share Price and Volume

Top Shareholders

Board and Management

~10%

Top 20

~50%

2

Performance Snapshot Jul-Sep

CORPORATE

ESG

TARGET TESTING

PROJECT GENERATION

DRILLING SUCCESS

only9

price sensitive

ASX announcements

use87%

Money in the ground

ersonal$900k

in JMEI credits

$325k

ADI Grant Funding

25%

local Aboriginal presence established (Taruga full

time employees)

85%

of expenditure went to local South Australian businesses and people

1

Aboriginal business engaged to deliver cultural sensitivity training to staff and students

8

targets drill tested

63

significant drill intercepts

7

Commodities intercepted

(Cu, REE's, Li, Zn,

Sc, V, Ag), Sc, Li, V)

6,200m

RC drilling

600m

Diamond drilling

9

new targets defined

2

new tenements (applications)

1

new project

Wyacca

Strike Extension 3km x 1.5km strike (open)

Morgan's

Creek

REE's, Base Metals

and Critical Minerals discovered

ersonal use only

South Australian Projects

IOCG, Copperbelt-StyleSed-Cu and

Polymetallic, REE's

4

Copper & Polymetallic exploration in South Australia

WHY SOUTH AUSTRALIA?

Giant IOCG's - Gawler Craton (Flinders/Torrens Project)

Copperbelt-styleSed-Cu and Polymetallic - Adelaide Fold

Belt (Mt Craig Copper Project)

Gawler Craton - Home of Giants

only

Olympic Dam (10 billion tonnes @ 0.82% Cu, 0.31g/t

Au, 1.6 g/t Ag 260ppm U308) ~ 160km

Carrapateena (760 Mt @ 0.78% Cu, 0.3g/t Au, 3.3g/t Ag

and 143ppm U3O8) ~ 60km

use Adelaide Fold Belt - Large Polymetallics - Central

African Copperbelt Model)

ersonal

Kipushi 40Mt @ 18% Cu Eq - 52% Zn Eq (DRC)

Kamoa 760Mt @ 2.73% Cu ~ 20Mt Cu Metal (DRC)

Kanmantoo 34.5 Mt @ 0.6% Cu & 0.1 g/t Au ~ 200km

Burra 75kt Cu metal ~ 160km

Angus 4Mt @ 6% Zn eq ~ 400km

Beltana 1Mt @ 29% Zn ~ 150km

Mt Gunson (75 kt Cu metal produced + Co + Ag) ~

125km (Stuart Shelf)

Windabout (250kt Cu metal equivalent: Cu + Co + Ag) ~ 120km (Stuart Shelf)

5

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

Taruga Minerals Limited published this content on 10 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2021 01:44:03 UTC.