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Ntaka Talk To MMG
Ntaka Talk To MMG
1
Nickel Sulphide Deposits
The two biggest nickel deposits in the world by far: Norilsk and Sudbury
…to move Ntaka to the right need $$$ and time
2
If you want to find another huge nickel deposit
OR
3
The mineralisation at Norilsk is in chonoliths
4
So, chonoliths at Ntaka and Lionja !
5
Mineralisation plunging at ~20 degrees to the south
J zone
M zone
G zone
H & Zeppelin
zone
SG zone
Ntaka Hill drill assays >1% Ni
Looking West
Mineralisation plunging at ~20 degrees to the south
9
MMG and IMX want a young deposit…the younger the better
10
Ntaka mineralising architecture: sills and chonoliths
11
3D seismic at Kevitsa – a game changer – cost US$1.5M
12
@1% Ni will need to find ~133km of chonoliths
@2% Ni will need to find ~67km
13
Ntaka Gravity Survey – completed November 2012
14
Ntaka – gradient array IP – 1.5km x 1.5km blocks
15
Ntaka – gradient array IP – 1.5km x 1.5km blocks
16
Ntaka – re-process 2008 VTEM – conductance depth slices
17
Ntaka – Global Resource
Zeppelin (May‘13) inferred 6Mt @ 0.5%Ni, 0.11%Cu for 31Kt of contained nickel
Sleeping Giant (Aug.’13) inferred 29Mt @ 0.7%Ni, 0.15%Cu for 195Kt of contained nickel
Sleeping Giant (Aug.’13) indicated 17Mt @ 0.5%Ni, 0.11%Cu for 83kt of contained nickel
…with previous resource estimates for J, G and M zones of 38Kt contained nickel
18
Ntaka – DHEM – modelling a near miss
300m x 300m surface loop with optimum coupling of the chonolith, and -60 dip, 90 azimuth hole (or
perpendicular to chonolith strike)
The chonolith has -20° dip/180 azimuth, 25m cross section, 500m depth extent and 5000S conductivity
thickness
DHEM will ‘see’ this up to 140m off hole
19
Part 2
Nachingwea
Ntaka Hill Resource Update
and May to July drilling
3 August 2013
20
Ntaka Hill Plan of Ni in soils, drillholes and resource models
G Zo
Zon
e
ne
J Zone
SG
Zon
s e
M Zone 0.2% cut off
Measured 279 1.95 0.42 0.04 5,400
ne
ne
zo
o e
e G3 JZ n
G
Zo n 1 S Zo
Z SG M
Historic holes are blue, 2013 holes to 18 july 2013 are orange
Resource blocks > 0.7 % Ni are blue and >1 % Ni are red
Sleeping Giant – res blocks >1 % Ni and
optimisation rev factor 1.0 shell
Cross section 8883260 North with Sleeping Giant and Z Zones
showing chonoliths at Sleeping Giant
SG 1
Zeppelin Zone
SG 2
SG 3
Exploring deeper with Seismic Reflectance
Planned Hole 1
July 2013 - testing SG chonolith target
VTEM CDI
Zeppelin
VTEM CDI
Chonolith target
VTEM CDI
Shallow Drilling at Ntaka Hill 2013
• Drilling has been designed to find new mineralisation and extensions of known
mineralisation for shallow, open pit ore.
• Drilling is not a resource definition, but exploration by systematic targeting.
• Targeting in Ntaka around the J and G deposits is complicated due to elevated
ground which poses inconclusive geochemistry for targeting.
• Targeting at J and G is both up and down dip of known mineralisation and at Hill
Top between G and J to attempt to join the two targets into a single resource.
• Drilling around Sleeping Giant and Zeppelin will be undertaken to locate areas of
potential high grade mineralisation between the two deposits as well as to the
north and south. It is planned to be able to link the two into a single resource
which can be mined as a single open pit.
• The latest block models for Sleeping Giant and Zeppelin are very beneficial for both
deep and shallow targeting .
• In the information below, economic mineralisation is highlighted in red.
Legend For Following Slides
= Mineralisation
= CDI
= Country Rock
= Gravity Anomaly
= Intrusive
= EM Plates