Pre IPO Capital Investment Opportunity Duke Exploration Pty Ltd - PowerPoint PPT Presentation

Pre – IPO Capital Investment Opportunity Duke Exploration Pty Ltd Sponsoring Broker 1

D ISCLAIMER AND I MPORTANT I NFORMATION This document is not a prospectus and does not satisfy the disclosure requirements for a prospectus required under the Corporations Act 2001 (Cth ) (“the Act”). The information contained in this document relates solely to the private offer to invest in Duke Exploration Limited ABN 28119421868 (“Duke”, “DE” or “the Company”) as set out herein. Novus Capital Limited (AFSL No 238168) (ABN 32 006 711 995) is assisting the Company with the capital raising detailed in this document. This document is being made available to a limited number of sophisticated (s 708) prospective investors (“Prospective Investors”) solely for information purposes of assisting them in making an initial evaluation of whether to invest in the Company and as such is an Excluded Offer. It is not intended for use by any person who is not a sophisticated investor or professional investor, as defined in the Act. Additionally, the shares to be offered under the offer have not been, and will not be, registered under the U.S. Securities Act and may not be offered or sold in the United States. No disclosure document will be issued in relation to an offe r of the Company’s securities. This document does not purport to contain all information that Prospective Investors may require to make an informed assessment of the Company or its securities. Prospective Investors should rely on their own investigations, including of the risks associated with an investment in the Company. Before making an investment, Prospective Investors should consider (with the assistance of professional advice) whether an investment in the Company is appropriate in light of their particular investment objectives and financial circumstances. Each of the Company, its shareholders and its affiliates, and any of their officers, employees, agents, advisors, or representatives ( Representatives ), makes no promise, representation or warranty of any kind as to the accuracy or completeness of this document. They assume no duty of care to any Prospective Investors. No information contained in this document or any other written or oral communication transmitted by the Company or made available to a recipient is a promise, representation or warranty of any kind. A Prospective Investor, by accepting and reading this document, agrees that it will not rely upon any such information or communication. In addition, the Prospective Investor agrees that any projections and estimates or other forward-looking statements contained in this document involve assumptions and are subject to risks and uncertainties (many of which are outside the control of the Company) which are likely to cause actual results to differ. Such assumptions, risks and uncertainties include Company specific matters, industry market conditions, general business, economic, and market conditions, as well as national and international political, military, and social conditions. Accordingly, the Company gives no assurance as to the accuracy or attainability of any forward-looking statements. This document is confidential. Neither this document nor any other material relating to the proposal described herein may be copied, reproduced, shown, distributed or issued to any other person at any time without the prior written consent of the Company nor may the information contained herein be discussed with any other person without the prior written consent of the Company. By receiving this document, a Prospective Investor agrees to be bound by the restrictions in this disclaimer. 2

DUKE EXPLORATION: OVERVIEW • Duke aims to find deposits to unlock the next generation of major mineral discoveries; • Duke has aligned with Kenex to identify new ore bodies; • Kenex has developed proprietary analysis techniques (GIS Predictive Modelling) to synthesise vast data sets; • Duke’s Strategic Alliance with Kenex has identified a number of high priority targets and secured overlying tenements; • Duke Exploration aims to develop these targets into mineable resources. Sponsoring Broker 3

EXPLORATION TARGETS • Iron Oxide Copper Gold (IOCG) in the Mt Isa inlier (Cu Au Co)- e.g. Ernest Henry. • Porphyry / skarn (Cu Au) Lachlan Fold Belt (NSW) e.g. Cadia. • Porphyry / skarn in Central Qld • Predictive analyses carried out to date have identified a number of targets ready to drill. 4

BOARD Chairman Managing Director Director Director Company Mr. Toko Kapea Dr Gregor Secretary Partington (B.A., LL.B) Mr. Eugene Iliescu Mr Paul Frederiks (Grad Dip Social Sci, Engineer (Ph.D, MAusIMM, MAIG) Surveying Cert) B.Bus. (Acc), FCPA, FGIA, FCIS, FAICD 5

MANAGEMENT & ADVISORY TEAM Operations Technical The Kenex Team Corporate Coordinator Advisor Adviser Mr. Michelle Dr Bertus de Campbell Stokes Graaf McKenzie B.Sc. B. Sc. (Hons geology), Ph.D. (both Univ. of Geology (B.Sc (Hons) Geology) Bristol, UK) FAusIMM, MGSA 6

PROSPECT GENERATION Predictive Modelling • Identifies characteristics common to specific styles of mineralisation (e.g. porphyry copper), and known occurrences & mines – “ training points”. • Allows harvesting of huge, multilayer regional data sets • Gives probabilistic rankings of similarity to known deposits. • Target selection incorporates operational logistics, infrastructure, tenure opportunities, financial and regulatory considerations . 7

Fuzzy Logic, Weights of Evidence, Neural Networking & Logistic Regression USING MASSES OF DATA TO SIMPLIFY a = total study area (e.g. 10,000 km) • A = Unit Cell = 1 km 2 cell 100km • Logistic N(D) = number of deposits • Fuzzy Logic P(D) = prior probability * Regression • ** * * N(T) = total area of study region • N(B) = area of binary theme 100km • * * N(B) = area of binary theme not • Neural present * Weights of * N(T) = N(B) + N(B) (as long as no • Networking * Evidence missing data) _  ( | ) ( | ) P B D P B D N ( B D ) / N ( D ) ( | ) P B D         ln ln ln W W W ln W _ _ _ ( ) / ( ) _ N B N T ( | ) 0 ( | ) P B D ( | ) P B D P B D _ 1 1  1 1 1 1 ( ) / ( ) N B D N D            Ws ln Ws W Ws _ _   _  ( ) ( ) N B D N B ( ) ( ) ( ) ( ) N B D N B N B D N B ( ) / ( ) N B N T          / StudC C Cs     ( ) ( ) ( ) ( ) C W W Cs Ws Ws ( ) ( ) Cs Ws Ws 8

DUKE EXPLORATION ADVANATAGE • • Improved mineral exploration techniques + Superior asset targeting • • Intellectual property Increased likelihood of discovery + • • Reduced exploration costs + Cutting edge technology • • Reduced risk Wealth of experience Next generation of new discoveries SUCCESS + ADDING VALUE + GENERATING RETURNS

DUKE’S PORTFOLIO • 5 tenements 100% owned by Duke • New targets in established mineral provinces : • Cloncurry – IOCG, (Cu-Au-Co) e.g. Ernest Henry • Bundarra – Porphyry-skarn (Cu-Au) • Red Hill – Porphyry-skarn-epithermal (Cu-Au) • Coomerang – Orogenic (Au) • Duke provides game- changing “proof of concept” opportunities. • Duke holds 10% free carried interest in five tenements managed by Emmerson Resources (ASX : ERM; Porphyry Cu, NSW.) 10

CLONCURRY PROJECTS IOCG Mineralisation Style (Qld) • Target type – Ernest Henry, copper-gold-cobalt. • 2 Tenements, 100% held; EPM19253 & 25764. • 3D geology modelled and 2 drill ready targets generated. Archer – Identified Cu-Au-Co mineralised zones • to be drilled. Jasper – gold zones to be extended. • Oonoomurra - untested soil anomalies >500ppm • Cu, and Co intersections • Close to Cloncurry and infrastructure. 11

CLONCURRY EPM 19253 Jasper and Archer prospects are situated on the “Magpie Trend” (after Richard Lilly ). 12

EPM 19253 Archer and Jasper could host significant IOCG mineralisation. Archer • Includes 5 m @ 2.2% copper and 10 m @ 0.15% Co. > 500 ppm copper soil anomaly. • • Untested extents. • Existing model targets 73kt Cu, 7kt Co and 30k oz Au (30 m x 200 m x 300 m ). Jasper • Drill results include 4 m @ 2.97 % copper and 1.25 g/t gold • Untested extensions. 13

ARCHER PROSPECT • 3D modelling shows multiple ore grade zones that could represent a significant orebody. • Initial work will include surface mapping and geochemical sampling • Immediate drill targets • Encouraging cobalt intersections HoleID From (m) To (m) Interval (m) Co ppm CA002RC 0 2 2 1060 CA008D 146 147 1 1440 CA008D 149 150 1 1040 CA008D 156 157 1 1050 CA009D 304 305 1 1070 CA009D 306 307 1 1160 CA009D 316 326 10 1546 CA009D 354 355 1 2160 14

BUNDARRA PROJECT EPM 26499 Porphyry copper-gold (Qld) • Target type – porphyry copper-gold. • EPM 26499 encompasses the entire Bundarra granodiorite pluton and associated historical mineralisation. • Close to Moranbah and related mining infrastructure. • Unique porphyry occurrence within the Bowen Basin/Back Creek sequences. 15