Advancing the Paris silver project and offering new copper-gold discovery opportunities
Presentation at SA Exploration and Mining Conference
Adelaide, Dec 8, 2017 AEST (ABN Newswire) - Investigator Resources Ltd (
ASX:IVR) provides the Company's Presentation at South Australian Exploration and Mining Conference.
INVESTIGATOR RESOURCES: Strategy
- South Australian focus - Data-rich; Innovative concepts & research initiatives are revitalising the discovery space.
- Paris Silver Project - Discovered in 2011
o Considered to be the best undeveloped silver deposit in terms of open-pit grade in Australia
o IVR's 100% prime asset & development priority.
- Flow-on copper-gold discovery opportunities seeking funding partnerships
o Nankivel porphyry copper-gold system
o Maslins IOCG copper-gold target.
CORPORATE OVERVIEW
- Completed placement on 25th Oct 2017 raising $2.4M (before costs).
- Over-subscribed SPP expected to be completed on 7th Dec 2017 (45.5M shares) raising $1.0m (plus 45.5M listed options @ 3.5c expiring 31st Dec 2020).
Investigator is well set up for a fuller upturn in market interest in traditional metals like silver & copper and in greenfields discovery opportunities.
To view the full presentation, please visit:
http://abnnewswire.net/lnk/6S43H6PT
About Investigator Resources Ltd
Investigator Resources Limited (ASX:IVR) is a metals explorer with a focus on the opportunities for greenfields silver-lead, copper-gold and other metal discoveries in South Australia.
The Company's priority is progressing the development pathway for the Paris silver project with the preparation of a pre-feasibility study. The Paris Mineral Resource Estimate is 9.3Mt @ 139g/t silver and 0.6% lead, comprising 42Moz of contained silver and 55kt of contained lead, at a 50g/t silver cut-off. The resource has been categorised with an Indicated Resource estimate of 4.3Mt @ 163g/t silver and 0.6% lead for 23Moz contained silver and 26kt contained lead, and an Inferred Resource: 5.0Mt @ 119g/t silver and 0.6% lead for 19Moz contained silver and 29kt contained lead.
The Company has applied an innovative strategy that has developed multiple ideas and targets giving Investigator first-mover status. These include: the Paris silver discovery; recognition of other epithermal fields and the associated potential for porphyry copper-gold of Olympic Dam age; extending the ideas developed at Paris-Nankivel and using breakthrough government Magneto-Telluric surveying to rejuvenate targeting with the Maslins IOCG target as the next priority drill target.
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