exploration director - maximus resources · robert kennedy chairman board kevin wills managing...

SOUTH AUSTRALIAN RESOURCES AND ENERGY INVESTMENT CONFERENCE ADELAIDE 1-2 MAY 2006

Gary MaddocksExploration Director

Advancing on multiple fronts

SOUTH AUSTRALIAN RESOURCES AND ENERGY INVESTMENT CONFERENCE ADELAIDE 1-2 MAY 2006

2SOUTH AUSTRALIAN RESOURCES AND ENERGY INVESTMENT CONFERENCE ADELAIDE 1-2 MAY 2006

This presentation contains forward looking statements that are subject to risk factors associated with the exploration and mining industry. It is believed that the expectations reflected in these statements are reasonable, but they may be effected by a variety of variables which could cause actual results or trends to differ materially.

Disclaimer

�SOUTH AUSTRALIAN RESOURCES AND ENERGY INVESTMENT CONFERENCE ADELAIDE 1-2 MAY 2006

History

Incorporated December 2004

Raised $7m before ASX listing on 26 October 2005

Bird in Hand drilling commenced November 2005

High grade gold intersections at Bird in Hand Jan/March 2006

Eromanga sedimentary uranium project announced in January

Gravity confirmation of Billa Kalina IOCG target, April

Bird in Hand first resource estimate commenced April

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Capital Structure Number Type of Shares %

16,000,000 Promoter Shares (Directors and Bruce Legendre) 24.7

9,666,667 Vendor Shares (Flinders, Apex, AKD, Statelink) 15.0

4,000,000 Seed Capital Shares 6.2

�5,000,000 Shares held by public 54.1

64,666,667 Issued Capital after IPO 100.0

�2,98�,�� Listed Options on Issue (trading at 6 cents)

April share trading 18 to 24 centsMarket capitalisation $11.6 to 15.5 million ASX Code: MXR


Robert KennedyChairman

Board

Kevin WillsManaging Director

Gary MaddocksExploration Director

Ewan VickeryDirector

Richard WillsonCompany Secretary


Proven track record in commercial discoveries

Owns 7.7% of Maximus - consulting on prospective ground acquisitions

Pegged Yandal Belt leases same time as Mark Creasy pegged Jundee and Bronzewing

Pegged Bulchina Gold Prospect later mined by Troy Resources (paid royalty)

Pegged Windimurra/Narndee Project with Mark Creasy for Apex Minerals 2002 IPO - later JV in Maximus’ IPO 2005

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Bruce at Ironstone Well, Yandal Project

Consultant - Bruce Legendre


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Project Locations


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Windimurra Location

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Narndee JV - Windimurra and Wondinong Paleochannels


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Windimurra radiometrics - uranium

DimensionCalcrete uranium mineralised area

~ 8000m x 500m


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Eromanga Uranium Project

Mesa with exposed cretaceous and silcrete gibber, Curdimurka, South Australia

Photo courtesy of PIRSA


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Billa Kalina

000000000 50 km50 km50 km50 km50 km50 km50 km50 km50 km

Billa KilinaBilla KilinaBilla KilinaBilla KilinaBilla KilinaBilla KilinaBilla KilinaBilla KilinaBilla Kilina

Olympic DamOlympic DamOlympic DamOlympic DamOlympic DamOlympic DamOlympic DamOlympic DamOlympic Dam

Prominent HillProminent HillProminent HillProminent HillProminent HillProminent HillProminent HillProminent HillProminent Hill

CarrapeteenaCarrapeteenaCarrapeteenaCarrapeteenaCarrapeteenaCarrapeteenaCarrapeteenaCarrapeteenaCarrapeteena

1�SOUTH AUSTRALIAN RESOURCES AND ENERGY INVESTMENT CONFERENCE ADELAIDE 1-2 MAY 2006

Billa Kalina gravity survey


Truro

Roseworthy

Lyndoch

Mount Pleasant

Birdwood

Palmer

AdelaideWoodside

Hahndorf

Kanmantoo

Christies Beach

Strathalbyn

Mt Rufus

Moppa

Gumersal

Angaston

Woodside

Gumeracha

Birdwood Deloraine

Barossa

Parra Wirra

Uraidla and ForestRange

Echunga

Willunga

Bird-in-Hand

Reef mine

Alluvial workings

Goldfields

Gold province

Tenements underFDL agreement

km

0 10

3200

00 m

E

2800

00 m

E

6140000 mN

6180000 mN

6100000 mN

Adelaide Hills Gold Province ProjectLocation Plan

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Bird in Hand location��

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Bird in Hand cross section

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Bird in Hand - polished sections

A polished section showing gold (yellow) along fractures through pyrite (fawn). Black infilling is quartz.

Polished section showing gold (yellow) associated with minor galena (grey) and pyrite (beige).

0.09 mm

0.04 mm


Bird in Hand ProjectSchematic long projection ��

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Table of Inferred Mineral Resources100 to 200 metres vertical depth

Bulk density1

Average width2

Tonnes Gold grade

Contained gold

(metres) (g/t) (ounces)

Total Main Reef Zone 2.8 6.0 87,907 15.51 4�,841

Total White Reef Zone 2.8 1.9 21,128 10.�5 7,0�0

Mineralisation remaining, Level 5 & 6 of Mine Workings (19�4 Estimate)

7,585 9.�� 2,275

Total Inferred Mineral Resource 116,000 14.2 53,000

1. Density value is based on an average of measurements on 22 samples from the mineralised zones.

2. Horizon width based on lode dipping approximately 50 degrees to east.

Bird in Hand - As at 27 April 2006


Maximus 2006 forward program

Focus on gold/uranium/nickel

Drilling continues at Bird in Hand

Assessment of other Adelaide Hills gold targets intended

Drilling for copper/uranium/gold mineralisation at Billa Kalina

Drilling for gold mineralisation at Nardee and Yandal scheduled

Calcrete Uranium drilling planned for Windimurra paleochannel (tenement grants awaited)

Anticipated total program 2006 exploration expenditure $2.5M

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Conclusions

Maximus has:

Highly prospective projects in the Adelaide Hills, Gawler and Yilgarn Craton

Targetting known gold, uranium, nickel, copper and platinum mineralisation

Resources at Bird in Hand “Au” and anticipated at Windimurra “U”

Strategy to create shareholder wealth through exciting mineral discoveries underway

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Contact Kevin Wills 08 8132 7960 or 0419 850 997

Please visit our website at: www.maximusresources.com.au

Thank you

exploration director - maximus resources · robert kennedy chairman board kevin wills managing...

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