BUX Corporate Presentation
Released
Released
Announcement PDF
FOCUSED ON DISCOVERY
ASX
BUX
Corporate Presentation
18 March 2025
We are a proven generator of high-quality projects with the relevant in-house
technical and business expertise to add value from generation, through discovery and
into development
We are re-focused on 100% owned projects (e.g. Madman, Centurion) that have
potential to drive outstanding discovery returns for shareholders
We will opportunistically assess monetising vs enhancing our portfolio of “call
options” which hold significant inherent value (e.g. Graphite Bull, Blackhawk, Matrix,
Copper Wolf)
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1) High-quality Project Generator
Upcoming
“discovery”
drilling
programs
• Thorough, evidenced-based targeting using geoscience & data science
• Validation through partnerships with major mining houses
2) Proven discovery record
• 2 maiden resources defined - Graphite Bull & Zanthus (magnetite)
• Prospectivity of 2 entire belts defined via BUX’s generative driven discovery - West
Kimberley (nickel) & Blackhawk (graphite)
3) Pipeline approach that balances opportunity & risk
BUX 100%
• Projects with massive re-valuation potential (e.g. Copper Wolf, Centurion, Madman)
BUX EARNING 100%
• Projects with low geological risk (Graphite Bull, Blackhawk, Matrix, Zanthus)
IGO / BUX JV
• Commodity spread, Tier 1 jurisdictions
Generate
Drill
Partner
ASX:BUX
Mkt Cap: A$6.4M @ 2.8c 12/3/25
Shares out: 229.95M / 19.75M options
ASX:BUXO - 19.37M listed options expiring 31/07/26
CAB: A$1.1M (30 Dec 2024)
Av 3M daily vol: 180.8k
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BUX 100%
MADMAN
Shallow Havieron look-alike
The Paterson Orogen hosts huge gold endowment, much
of which has only been recently discovered…
Telfer:
15.6 Moz Au production
Winu:
8.0 Moz Au, 2.9 Mt Cu, 52 Moz Ag
Havieron:
5.9 Moz Au 220 kt Cu
Citadel:
2.8 Moz Au, 172 kt Cu
North Telfer: 2.3 Moz Au
Discrete magnetic target under shallow cover (< 200 m)
GSWA interpret timing of nearby Au mineralisation (Quadrio Lake and
Phenoclast Hill) as identical to Paterson Orogen gold deposits (~650 Ma)
No previous on-ground exploration at Madman
Heritage agreement ready to sign, POWs in place, budget $350k
GSWA statewide magnetics image
Inversion by Terra Resources – see WAMEX A129438
Madman Project detailed magnetics inversion
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BUX 100%
CENTURION
Giant Cu / Au (IOCG) target
Iron-Oxide Copper Gold (IOCG) systems are some of the world’s largest ore deposits…
Olympic Dam:
83 Mt Cu, 111 Moz ATypically,lb U3O8
Salobo:
11 Mt Cu, 19 Moz Au
Lumwana:
11 Mt Cu
Carrapateena:
5.5 Mt Cu, 7.6 Moz Au, 93 Moz Ag
Ernest Henry:
3.3 Mt Cu & 5 Moz Au
…which are typically high grade, metallurgically simple, and amenable to u.g. mining.
2km
Coincident magnetic & gravity anomaly 3.5 x 5 km
CRA 1991 hole provides technical encouragement (see note below)
Depth to target ~520-700m , EIS co-funding up to $220k
Heritage approvals and PoW in place
Access construction May ’25 - Drilling Jun-Jul ‘25 - budget $450k (pre co-funding)
Planned
DD Hole
~520m
Olympic Dam gravity
feature at same scale
CRA 1991
DD Hole
magnetics image + gravity contours
CRA’s VE001 (1991) failed to reach
basement and test the target.
Drilling ‘single-shift’, the rods
became stuck overnight and CRA
abandoned their efforts.
Logs note strongly pyritic & chlorite
altered, boulder-sized, bimodal
intrusive clasts were intersected in
the Permian conglomerate near
the end of hole.
gravity
inversion
magnetics
inversion
The clast lithology and alteration
style is consistent with IOCG
systems; their size indicates
basement is proximal.
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Inversions by Buxton Resources Ltd – see ASX 23 May 2024
REFOCUSSED PORTFOLIO
Q2 25
Q1 25
EARTHMOVING
Q3 25
Beyond
DRILLING
Centurion Cu-Au
DRILLING
HERITAGE SURVEY
Madman Au
DRILL PERMITTING / PLANNING
DRILLING
Matrix Mn
NUMEROUS INCOMING INQUIRIES
>
PARTNER / DIVEST / STRATEGIC HOLD
PROJECT GENERATION
HERITAGE AGREEMENTS / COMMERCIAL NEGOTIATION
LOW COST DRILL TARGETING (GEOPHYSICS / GEOCHEMSITRY)
Indicative Timeline
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DIRECTORS / SENIOR MANAGEMENT
GERVAISE HEDDLE
MARTIN MOLONEY
Chief Executive Officer
Non-Executive Director
Non-Executive Director
Company Secretary
Gervaise is the former Chief Executive Officer
of Greatland Gold plc (May 2016 – March
2021). During his tenure, he led Greatland
through the acquisition and discovery of the
Havieron gold-copper deposit in Western
Australia and was instrumental in
establishing a joint venture with Newcrest
Mining Limited for the development of the
deposit.
Marty is a geologist with deep experience in
minerals exploration for a variety of
commodities including Au, Ag, Cu, Mo, Pb /
Zn, U, Sn, Ni and graphite. He has extensive
resource project management experience
from greenfields to resource definition in a
variety of jurisdictions.
Jared has 20 years of corporate development
experience and served as Head of Business
Development at IGO Limited 2023 – 2025.
Stuart has over 20 years of exploration
experience with BHP Billiton and Western
Mining Corporation. Stuart was BHP’s Senior
Exploration Manager for North and South
America. Stuart has a very strong
background in nickel exploration, having
commenced his career at Kambalda Nickel
Operations in 1994.
Founder and Managing Director of Straight
Lines Consultancy, an advisory business
providing services to ASX listed companies.
Sam has extensive experience in relation to
public company responsibilities, including
ASX and ASIC compliance, control and
implementation of corporate governance,
statutory financial reporting and shareholder
relations with both retail and institutional
Investors.
Non-Executive Chair
Under his leadership, Greatland’s share price
increased by over 10,000% (more than 100
times).
Prior to Greatland, Gervaise served as a
Division Director at Macquarie Funds Group,
and a Fund Manager and Director at Merrill
Lynch Investment Managers.
Marty has worked for major mining houses
(Mt Isa Mines), junior explorers (Thundelarra),
junior developers (Dalradian Gold), mid-tier
producers (Iluka), a boutique generative
consultancy, in private equity, plus with a
number of geophysical and related technical
service providers to the mining industry.
Mr Moloney joined Buxton in April 2019 as
Chief Geologist and transitioned to Chief
Executive Officer on 9 August 2024.
JARED JACOB
Previously he was Head of Mergers &
Acquisitions at OZ Minerals (from 2016 until
BHP acquired OZ Minerals in 2023). Prior to
2016, Jared held various in-house strategy
and M&A, principal investments and
corporate advisory roles at UGL Limited,
Deutsche Bank, Barclays Capital, CreditSuisse and PricewaterhouseCoopers both
domestically and internationally.
Jared is a member of the Institute of
Chartered Accountants in Australia, a Fellow
of the Governors Leadership Foundation in
South Australia and his qualifications include
a B.Com (Accounting & Commercial Law)
from the University of Sydney and a Grad.
Dip., CA.
STUART FOGARTY
Stuart has had senior roles with BHP
including Senior Geoscientist for nickel
exploration in the Leinster and Mt Keith
region, Project Manager WA Nickel
Brownfields and Regional Manager Australia
– Asia where he was responsible for $100
million per annum exploration budget
Stuart currently serves as the Managing
Director of Duketon Mining (ASX:DKM).
SAM WRIGHT
Sam is currently a director of ASX listed
companies; Great Dirt Resources Ltd, Reach
Resources Ltd and Structural Monitoring
Systems Plc. Mr Wright is also currently
Company Secretary for ASX and London
Stock Exchange dual listed company,
Resolute Mining Ltd.
Sam has also filled the role of Director and
Company Secretary with companies in
Australia, North America and the UK.
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Forward Looking Statements
Competent Persons Statement
This presentation has been prepared by Buxton Resources (“Buxton”). The information
The information in this report that relates to Exploration Results is based on information compiled by
contained in this presentation is a professional opinion only and is given in good faith. Certain
Mr Martin Moloney, Member of the Australasian Institute of Geoscientists. Mr Moloney is a full-time
information in this document has been derived from third parties and though Buxton has no
employee of Buxton Resources Limited. Mr Moloney has sufficient experience which is relevant to
reason to believe that it is not accurate, reliable or complete, it has not been independently
the activity being undertaken to qualify as a “Competent Person”, as defined in the 2012 edition of
audited or verified by Buxton. Any forward-looking statements included in this document
the Joint Ore Reserves Committee (JORC) Australasian Code for Reporting of Exploration Results,
involve subjective judgement and analysis and are subject to uncertainties, risks and
Mineral Resources and Ore Reserves. Mr Moloney consents to the inclusion in this report of the
contingencies, many of which are outside the control of, and may be unknown to, Buxton. In
matters based on the information in the form and context in which it appears. All exploration results
particular they refer only to the date of this document, they assume the success of Buxton’s
and
strategies, and they are subject to significant regulatory, business, competitive and economic
announcements under the 2012 JORC Code. This information has not materially changed since it
risks and uncertainties. Actual future events may vary materially from those in the forward
was initially reported.
geological
information has been
previously
reported
in numerous
Company
ASX
looking statements. Recipients of this document are cautioned not to place undue reliance on
such forward-looking statements. Buxton makes no representation or warranty as to the
accuracy, reliability or completeness of information in this document and does not take
Validity of Referenced Results
responsibility for updating any information or correcting any error or omission which may
Buxton confirms that it is not aware of any new information or data that materially affects
become apparent after this document has been issued. To the extent permitted by law,
the information from previous ASX announcements which has been referenced in this
Buxton and its officers, employees, related corporations and agents disclaim all liability,
announcement.
whether direct, indirect or consequential for any loss or damage arising out of, or in
connection with, any use or reliance on this presentation or information. All amounts are in
A$ unless otherwise stated
AUTHORISED BY
REGISTERED OFFICE
The CEO on behalf of the Board of
15 Robinson Avenue
Directors of Buxton Resources.
Belmont WA 6104
Phone +61 (0)8 9380 6063
Postal Address PO Box 661 Nedlands WA 6909
Email: info@buxtonresources.com.au
Website: www.buxtonresources.com.au
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