TKL – Traka Resources | Aussie Stock Forums

CAPITAL STRUCTURE
Issued Shares 69,605,049
Top 20 shareholders 56%
Directors and Management Shareholding 25%
Market Cap @ 5 cents $3.5 million

DIRECTORS & MANAGEMENT
Neil Tomkinson – Non Exec. Chairman (Lawyer)
Joshua Pitt – Non Exec Director (Geologist)
George Petersons – Non Exec Director (Prospector)
Patrick Verbeek – Managing Director (Geologist)

Musgrave Project
Highly prospective Proterozoic Terrain
Discovery history Babel Nebo – Cu, Ni, PGE (392mt @ 0.3%Ni, 0.3%Cu, 0.18g/t PGE)
Wingellina (Ni Laterite) (180mt @ 1.0% Ni, 0.07% Co)
Aboriginal Heritage hindered exploration in the past
First mover opportunity
Major Joint Venture with Anglo American

Traka 16 tenements plus 4 JV (5100 sq km)
•Traka90% / Polaris 10%
•Traka90% / Amex 10%
•Traka/Sammy. Traka Option to earn 90%
•Taka/Rubicon. Traka earning 75%

Anglo American /Traka JV -14 tenements (4700sq km)
• Anglo earning 75% by $27m expenditure
• Traka Free Carried to BFS

Mineral Targets
*MAGMATIC Cu, Ni, PGE (Voisey Bay – Babel Nebo style)
Hosted in “Alcurra” intrusives of Giles Complex
Untested in Traka portfolio
*TITANIFEROUS MAGNETITE V2O5, TiO2, PGE (Kalplats style)
Jameson – largest layered intrusive (+ 100km strike potential)
Highest Vanadium, Titanium and PGE grades (No Australian equivalent)
Scope for very large project development
*IOCG Cu, U (Olympic Dam style)
Late phase A Type Granites – mineralisation in deep structures/breccia and pluton margins
*PLATINUM Pt, Pd and Au (Platreef style)
Untested mineralised basal contact zone
*HYDROTHERMAL Cu (Tollu Mining Centre style)
Tollu Fault into Traka tenements

*REE & STRATABOUND Cu, Pb, Zn
No previous exploration

Jameson
•Drill ready targets
•VTEM and Geochem anomalies
•Access granted. Heritage completed
•Strategic and prospective holding around Babel Nebo
•50% of regional TMR potential
•TMR – high grade and scope for large tonnes

Titaniferous Magnetite Rock
Rock-chip average 46% Fe, 18% TiO2, 0.82% V2O5
Drilling average for disseminated magnetite style 27% Fe, 9.5% TiO2 , 0.28% V2O5
Drilling average for massive magnetite style 32% Fe, 15.8% TiO2 , 0.67% V2O5

• EM anomaly at Jameson Prospect related to Hydrothermal Cu and structures (not TMR)
• More Hydrothermal Cu in the region

Mt Muir
•Giles rocks in Tectonic Zone
•Late phase A Type Granites
•Cu, Ni, PGE geochemical anomalies
•REE anomaly

Ravensthorpe Project
Status
•2 JV agreements with Phillips River – alignment to Kundip and Trilogy Projects.
•1 JV with Galaxy – alignment with Mt Cattlin Lithium/ Tantalum Mine
Mt Short Base Metal Project
•8km long horizon on northern extension of Ravensthorpe Greenstone Belt
•Pb, Zn and Cu geochemical anomalism coincident with EM targets
•Three of 5 targets drilled
•Off-hole EM targets suggests main mineralised body to side
•Pb and Zn dominant
•Stratabound high metamorphic grade sedimentary rock host
•No surface expression
•All targets on farming land crop harvested

You could do a lot worse than having 2 geologists and a prospector in charge of a spec explorer. Some good JV work by these guys. Worth watching.