Offer Amount (Min) $4,500,000
Offer Amount (Max) $5,000,000
Market Cap (Max) $6,400,000
EV on Listing (Max)  $1,400,000
Issue Price $0.20
Open Date 9/7/2017
Closing Date 19/7/2017*
Listing Date 28/8/2017^

* Peak's anticipated date of closing for new applications
^ Estimated date subject to changes from the ASX without notice​​​​​​

INVESTMENT OPPORTUNITY
Strong portfolio of Gold assets in Western Australia (WA) and Democratic Republic of the Congo (DRC)
OKR’s primary objective is to discover and develop gold resources on carefully selected gold projects with high grade results

The Company has carefully selected two initial projects with historical workings and excellent results

Grades reported to date indicate a range between 5 and 40g/t gold

Pursuing a growth strategy that aims to  appraise and secure further exploration and  development opportunities within gold endowed districts

Lean overheads structure and costings

 
Potential to unlock shareholder value through
continuous news flow on expected results

OKR has a management team with an record of success and with a particular history in the DRC

Klaus Eckhof (Non-Executive Chairman) founded Moto Goldmines, which was acquired by Randgold Resources for $488m, who poured first gold in September 2013. The resource now stands at some 22Moz of gold. Mr Eckhof is also a director of Amani Gold Ltd and Carnavale Resources Ltd.

Nigel Ferguson (Managing Director) served as Founding CEO of Condor Gold Plc (LSE_AIM) between 2003 -2008 where he secured and developed gold projects which currently contain CIM compliant resources of 2.32Moz @4g/t gold.  He has also served on the Boards of Amani Gold Ltd, African Metals Corp and Samba Minerals Limited. He currently serves on the board of AVZ Mineral Ltd. 
 
PROJECT OVERVIEW
Clear potential to host high grade gold deposits

Mambasa Gold Project:

• Consists of two granted exploitation licences within the Mambasa greenstone terrane, NE DRC

• Over 600m of strike exposed within BIFs with artisanal workings producing 0.5 -1kg gold per week

• Initial indications suggest a 4km long strike of mineralised BIF with widths of 10 to 20 metres

• Grades reported to date indicate a range between  5 and 40g/t gold
OKR has the right to acquire a 100% interest in the Crackerjack Gold Project and has the right to earn a 70% majority interest in the Mambasa Gold Project through in ground expenditure. The exercise of these rights are subject to the Company successfully raising funds under the prospectus and listing on the ASX
 
Crackerjack Project: 

• Consisting of a single licence in the Kimberley Goldfields historical exploration has identified multiple zones of plus 3g/t gold mineralisation within RC drilling over several metres width. 

• These results have never been followed up with staged exploration work
 
Previous exploration results from limited rock chip and channel
samples confirm gold and other mineralisation is present
 
MAMBASA GOLD PROJECT
• Located in the Mambasa Greenstone belt

• Historical Belgium workings now being mined by artisanal miners

Along strike from Kilo Gold’s Ngayu resources of some 1.6Moz

• Significant untested strike potential within both licences

• Aeromagnetics defines a NW – SE structure some 8km long with artisanal workings scattered along the southern extension

​​​​​​• ​Belgians discovered high grade quartz veins, stock-works and disseminated gold in Mambasa area

• Gold mineralization associated with steeply dipping quartz veins and stockworks and as disseminations in banded ironstone formations (BIF)

• Never tested with modern day drilling techniques

 
Analogies to the 22Moz Geita Gold mine Tanzania in geological setting 

• Relatively new artisanal site in northern part of the Mambasa belt

• +600 metre strike - mineralised zone being exploited to a maximum depth of 25 metres

• Series of sub-vertical quartz veins in hydrothermally altered BIF in a 15-20 metre thick package

 
Possible Multi million ounce potential base don size of workings and geological setting
CRACKERJACK GOLD PROJECT
​​Drill confirmed mineralisation 

• Located in NW WA in the Kimberley goldfields, south of Mt Dockrell

• A single granted tenement with two lines of historical workings crossing the entire licence

 
Historical 1980’s RC drilling intercepts of 3m @ 19.2g/t gold; 3m @ 3.99g/t gold and 3m @ 3.31g/t gold

• Historical production quoted as 560oz gold form 592 tonnes of ore. Approx. 1oz per tonne

• Nearest gold project is the Palm Springs Project with quoted non JORC resources of 1.76Mt @ 2.1g/t gold for 120,000 ounces

• OKR’s sampling confirmed grades with results of  3m @15.7g/t gold and 1340ppm lead
COMPANY FINANCIALS
The Company intends to use its current funds of approximately $70,000 cash on hand at the Prospectus Date, and the funds raised from the Offer as follows: 
Use of Funds
 
Please refer to section 6.2 in the prospectus for a more detailed overview
Capital Structure
On completion of the Offer, the capital structure of the Company is expected to be as follows at both minimum and maximum subscriptions:
 
 
LEADERSHIP
Klaus Eckhof
Non-Executive Chairman
Geologist with more than 25 years experience in identifying, exploring and developing mineral deposits.

Founded Spinifex Gold Ltd and Lafayette Mining Ltd, both of which successfully delineated gold and base metal deoposits.

Founded Moto Goldmines, which acquired the Moto Gold Project in the DRC, raised over $100m and delineated more than 12Moz of gold and delivered a feasibility  study within four years from the commencement of exploration.

Moto Goldmines was acquired by Randgold Resources for $488m, who poured first gold in September 2013. The resource now stands at approx. 22Moz of gold.
Nigel Ferguson
Managing Director
Resource geologist with over 30 years of experience in gold and base metals, with a focus on Africa.

Was Country Manager of Tanzania for Ashanti Goldfields, being instrumental in assessing and acquiring the now multi-million ounce Geita Gold Project. Ashanti subsequently merged with AngloGold.

Nigel Ferguson (Managing Director) served as Founding CEO of Condor Gold Plc (LSE_AIM) between 2003 -2008, where he secured and developed gold projects which currently contain CIM compliant resources of 2.32Moz @ 4 g/t gold.

Served on the Boards of Amani Gold Ltd, African Metals Corp and Samba Minerals Limited.  He currently serves on the board of AVZ Minerals Ltd.
DOCUMENTS
Presentation
Website
Register Interest in this Deal

TThe information described in this notice relates to the issue of new securities by the Issuer. A Prospectus for the issue of new securities is available and can be obtained from the Issuer’s website or by way of download from this website. The offer of securities will be made in, or accompanied by, a copy of the Prospectus. Nothing contained in this message and/or any attachment(s) constitutes a personal advice recommendation, solicitation or an offer to buy or sell any securities. Any recommendation or endorsement of this offer is general advice in nature and has not taken into account your personal circumstances or objectives. A person should consider the Prospectus in deciding whether to acquire the securities.

This notice does not constitute an offer or invitation in any place in which, or to any person to whom, it would not be lawful to make such an offer or invitation. The Prospectus does not constitute an offer to sell, or a solicitation of any offer to buy, securities in the United States. The Prospectus has been prepared for publication in Australia and New Zealand.

Copyright © 2017 Peak Asset Management
[bot_catcher]