ASX / MEDIA ANNOUNCEMENT 22 DECEMBER 2021 ABN: 72 002 261 565
ASX CODE: TNR
TORIAN INVESTOR PRESENTATION - CORRECTION
onlyGold exploration and development company Torian Resources Limited (ASX: TNR) (Torian or the Company) has corrected the attached the updated Investor Presentation "Discovering the gold mines of tomorrow. Today."
The correction reflects that the Tarmoola Station (Station) owners do not need to approve all third party works at the station, rather the Station owners must be notified of, and have the rights to object to all third party activities at the Station.
useThis announcement has been authorised for release by the Company Secretary, Ian Pamensky.
Peretz Schapiro
Executive Director
Torian Resources Ltdinfo@torianresources.com.au
personalAbout Torian Resources Limited:
Torian Resources Limited (ASX: TNR) is a highly active gold exploration and development company with an extensive and strategic land holding comprising six projects and over 400km² of tenure in the Goldfields Region of Western Australia. All projects are nearby to excellent infrastructure and lie within 50km of major mining towns.
Torian's flagship Mt Stirling Project is situated approximately 40km NW of Leonora, and neighbours Red 5's Kind of the Hills mine. The region has recently produced approximately 14M oz of gold from mines such as Tower Hills, Sons of Gwalia, Thunderbox, Harbour Lights and Gwalia.
The Mt Stirling Project consists of 2 blocks:
1. The Stirling Block to the north which contains two JORC compliant resources at a 0.5g/t cut-off: (refer ASX release 27/5/21 for further information)
a. Mt Stirling - 355,000t at 1.7 g/t Au for 20,000oz (Indicated)
- 1,695,000 at 1.5 g/t Au for 82,000oz (Inferred) b. Stirling Well - 253,500t at 2.01 g/t Au for 16,384oz (Inferred)
2. The Diorite Block to the south, home of the historic 76 g/t Diorite King Mine.
Another project in the Kalgoorlie region is the Zuleika project in which the Company is involved in a JV with Zuleika ForGold Ltd (ASX: ZAG). The Zuleika project is located along the world-class Zuleika Shear, which is the fourth largest gold producing region in Australia and consistently produces some of the country's highest grade and lowest cost gold mines. This project lies north and partly along strike of several major gold deposits including Northern Star's (ASX: NST) 7.0Moz East Kundana Joint Venture and Evolution's (ASX: EVN) 1.8Moz Frogs Legs
and White Foil deposits.
Torian's other projects within the Kalgoorlie region include the Bonnie Vale and Gibraltar Projects, and its Credo Well JV with Zuleika Gold Ltd (ASX: ZAG), host of a JORC Inferred resource of 86,419t at 4.41 g/t Au for 12,259 oz.
Torian also holds ~10.7% of Monger Gold (ASX:MMG) as well as a 20% free carried JV interest in its projects.
Torian is the Pastoral Lease holder of the 172,662 hectare Tarmoola Station, which is home to Torian's Mt Stirling Project, in addition to exploration assets and operating mines of numerous other resource companies, including RED5 (ASX:RED) and St Barbara (ASX:SBM).
There are numerous operating businesses on the Tarmoola station including a 20 person accommodation camp with approvals in place to expand to a 50 person camp, a mining services business, and cattle farming. The station is also entitled to an average of approximately $360,000 worth of carbon credits over a 15 year period.
onlyTorian holds approximately 7% of BullionFX, a gold backed crypto currency company. As a shareholder of 15,000,000 shares Torian is entitled to 15,000,000 BULL tokens. The paper value of Torian's tokens is ~USD$12.5m.
For usepersonal
Discovering the gold mines of tomorrow.
onlyToday.
useInvestor Presentation December 2021
ersonalASX: TNR
Important information
This presentation has been prepared by and issued by Torian Resources Limited ABN 72 002 261 565 (Torian or Company) to assist in informing interested parties about the Company and should not be considered as an offer or invitation to subscribe for or purchase any securities in the
onlyCompany or as an inducement to make an offer or invitation with respect to those securities. No agreement to subscribe for securities in the Company will be entered into on the basis of this presentation.
This presentation may contain forward looking statements. Whilst Torian has no reason to believe that any such statements are either false, misleading or incorrect, it cannot and does not warrant or guarantee that through either the passage of time or actions beyond the control of Torian they will not become so.
You should not act and you must refrain from acting in reliance on any of this presentation material. Nothing contained in this presentation constitutes investment, legal, tax or other advice. useThis overview of Torian does not purport to be all inclusive or to contain all information which its r cipients may require in order to make an informed assessment of the Company's prospects. Before making an investment decision, you should conduct, with the assistance of your broker or other financial or professional adviser, your own investigation in light of your particular
inve tment needs, objectives and financial circumstances and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation prior to making any investment decision.
Neither the Company nor its advisers has verified the accuracy or completeness of the information, statements and opinions contained in this presentation. Accordingly, to the maximum ersonalextent permitted by law, the Company make's no representation and give no assurance, gu rantee or warranty, express or implied, as to, and take no responsibility and assume no liability for, the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omissions,
from any information, statement or opinion contained in this presentation.
Torian, its officers, employees, authorised representatives, consultants and its associates, officers a d family members do currently and in the future may have interests in the securities of the C mpany. In addition, Torian's advisors will earn commissions, fees and other benefits and
advantages, whether pecuniary or not and whether direct or indirect in connection with the Capital Raising(s) for the Company, advising and providing services to the Company. This pre entation contains information, ideas and analysis which are proprietary to Torian.
ASX: TNR
The information in this presentation relating to any exploration results, exploration targets and JORC mineral resource estimates is based on information compiled, reviewed and relied upon by Mr Dale Schultz. Mr Dale Schultz, Principle of DjS Consulting, who is Torian's consulting Geologist,
compiled, reviewed and relied upon prior data and ASX releases dated 25 February 2019 and 26 May 2021 to put together the technical information in this release and is a member of the Association of Professional Engineers and Geoscientists of Saskatchewan (APEGS), which is ROPO, accepted for the purpose of reporting in accordance with ASX listing rules. Mr Schultz has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012
edition of the 'Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Schultz consents to the inclusion in the report of the matters based on information in the form and context in which it appears.
The JORC Resource estimate referred to in this presentation was released on 25 February 2019 and has been reviewed and relied upon by Mr Dale Schultz and were reported in accordance with Clause 18 of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (2012 Edition) (JORC Code).
Torian Resources confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcements on the 25 February 2019 and 26 May 2021 and, in the case of the exploration results, that all material assumptions and technical parameters underpinning the results in the relevant market announcement reviewed by Mr Dale Schultz continue to apply and have not materially changed.
Torianresources.com.au | Investor Presentation − December 2021 | 2 |
Company Highlights
onlyHighly active explorer across numerous gold projects in Western Australia
use Existing MS JORC
ersonalinferred resources of 2.05Mt @ 1.54g/t Au for 102k oz and SW 0.3Mt @ 2.01g/t Au for 16.4k
z - Upgrades Pending
ASX: TNR
Located in the prolific | Excellent infrastructure | Genuine potential to | Key focus on the highly | |||
and highly sought after | nearby including | discover a Gwalia / | prospective Mt Stirling | |||
Eastern Goldfields | access roads and mills | King of the Hills / | Gold Camp; Ursus | |||
Thunderbox style | Fault and High-Grade | |||||
gold deposit | Diorite potential | |||||
Active exploration and | Highly enthusiastic | Continuing investment | Strategic review | |||
drilling campaign to | management | to expand land | continues to unlock | |||
continue throughout | committed to | position and organic | value from non-core | |||
2022 generating | aggressive and | growth to generate | assets whilst | |||
strong news flow | systematic exploration | immediate cash flow | maintaining upside | |||
strategy | opportunities | |||||
Torianresources.com.au | Investor Presentation − December 2021 | 3 |
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Torian Resources Ltd. published this content on 21 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 December 2021 23:02:01 UTC.