Slide 1: RIU Sydney Resources Round Up
For personal use only ASX: VRX RIU Sydney Resources Round Up May 2012 Bruce Maluish, Managing Director www.ventnorresources.com.au 1
Slide 2: Disclaimer
Disclaimer For personal use only This projects summary was prepared with due care and attention and is current at the date of the presentation. The summary is not an offer or recommendation to purchase or subscribe for securities in Ventnor Resources Limited or to retain any securities currently hel
Slide 3: Copper Projects
Copper Projects For personal use only Thaduna / Green Dragon Copper Project Kumarina Exploration Project Western Australia 3
Slide 4: Thaduna/Green Dragon Location
Thaduna/Green Dragon Location For personal use only 4
Slide 5: Thaduna/Green Dragon
Thaduna/Green Dragon For personal use only • 175 Kms Nth Meekatharra • 4PLs covering 604 Ha • 40 kms east of Sandfire Resources De Grussa • Significant first, second and third phase drilling results from 19,000 metres drilling • Fourth phase underway predominately diamond 5
Slide 6: Thaduna
For personal use only Thaduna 6
Slide 7: For personal use only
For personal use only 7
Slide 8: Typical Hydrothermal Copper Geology
Typical Hydrothermal Copper Geology For personal use only 8
Slide 9: Thaduna
Thaduna • Historic mining and production completed 1971 For personal use only • Prior production 30,290 t @ 8.7% Cu • Historic drilling 9m @ 5.22% Cu from 80m • First phase April 2011 included: – 16m @ 3.47% Cu from 80m; – 4m @ 4.37% Cu from 87m and – 7m @ 5.70% Cu from 75m. 9
Slide 10: Thaduna
Thaduna • Second phase July 2011: For personal use only – 5m @ 4.21% Cu from 30 m; – 3m @ 4.47% Cu from 121m; – 5m @ 5.10% Cu from 100m; – 4m @ 3.85% Cu from 122m and – 11m @ 5.57% Cu from 100m. 10
Slide 11: Thaduna
For personal use only Thaduna 11
Slide 12: Thaduna
Thaduna Announcement: 24 January 2012 from 3rd phase drilling For personal use only • 37 metres at 2.61% Cu from 111 metres (THRC113) – including 10 metres at 7.53% Cu from 134 metres downhole; • 62 metres at 2.19% Cu from 125 metres (THRC114) – including 32 metres at 3.10% Cu from 127 metres downho
Slide 13: Thaduna Project Location Plan with Planned Drillholes
T72500mE VENTNOR RESOURCES LIMITED Thaduna Project Location Plan with Planned Drillholes January 2012 T73000mE ® 250 metres @ Phase 1, 2 & 3 drilled e@ Phase 4 Drilling 773500mE 717 7000mN 71765000 | ‘7176000mN 7175500mN| VE Ventnor Resources Limited
Slide 14: Thaduna Copper Geology
Thaduna Copper Geology For personal use only 14
Slide 15: Thaduna
Thaduna • Announcement 12 March 2012 For personal use only • THRC119 has been drilled with a diamond tail and encountered significant sulphide mineralisation – 14.0 metres from 250.6 metres to 264.6 metres down • Represents a southerly down plunge extension to the main lode • Evidence of an increase
Slide 16: Thaduna THRC – 264.2 metres
Thaduna THRC 119 – 264.2 metres For personal use only 16
Slide 17: Thaduna THRC – 260.1 metres
Thaduna THRC 119 – 260.1 metres For personal use only 17
Slide 18: Thaduna THRC – 255.5 metres
Thaduna THRC 119 – 255.5 metres For personal use only 18
Slide 19: Thaduna THRC – 254.3 metres
Thaduna THRC 119 – 254.3 metres For personal use only 19
Slide 20: Thaduna
For personal use only Thaduna 20
Slide 21: Thaduna
For personal use only Thaduna 21
Slide 22: Chalcopyrite Mineralogy
Chalcopyrite Mineralogy Mineral Name Area Mass % For personal use only Background 1743 0.00 C halcopyrite 348202 16.38 Bornite 1445 0.08 C ovellite 1080 0.06 Quartz 2154476 63.55 C hlorite 301468 9.27 Albite 305970 9.03 Micas 40189 1.29 Rutile/Anatase 5246 0.22 Other minerals 3432 0.12 Mineral Name
Slide 23: Thaduna Mineralisation Relative to Tenement Boundaries
Thaduna Mineralisation Relative to Tenement Boundaries For personal use only 23
Slide 24: Thaduna
For personal use only Thaduna 24
Slide 25: Green Dragon
Green Dragon For personal use only • Prior production 9,100 t @ 5.2% Cu • Historic drilling 10m @ 5.4% Cu from 97m • First phase drilling April 2011: – 3m @ 5.16% Cu from 64m, – 5m @ 7.19% Cu from 44m, – 2m @ 3.15% Cu from 79m, – 5m @ 2.25% Cu from 85m 25
Slide 26: Green Dragon
For personal use only Green Dragon 26
Slide 27: Green Dragon
Green Dragon For personal use only • Second phase July 2011: – 2 m @ 9.00% Cu from 85 m; – 4m @ 2.98% Cu from 44m; – 4m @ 7.86% Cu from 60m; – 5m @ 6.07% Cu from 80m; – 12m @ 5.07% Cu from 64m and – 5m @ 5.93% Cu from 88m. 27
Slide 28: Green Dragon
Green Dragon For personal use only Third phase November 2011: – 5m @ 6.07% Cu from 80m; – 12m @ 5.07% Cu from 64m; – 5m @ 5.93% Cu from 88m; – 6m @ 10.96% Cu from 37m and – 9m @ 4.00% Cu from surface. – Phase 4 Drilling underway 28
Slide 29: Green Dragon
For personal use only Green Dragon 29
Slide 30: Green Dragon
For personal use only Green Dragon 30
Slide 31: Kumarina Exploration Project
Kumarina Exploration Project For personal use only Project area 1,887 km sq No modern exploration to date Largest landholding in district Active exploration targets adjacent HyVista program planned 31
Slide 32: Kumarina Exploration Project Tenements
Kumarina Exploration Project Tenements For personal use only 32
Slide 33: Kumarina Exploration Project Tenements
Kumarina Exploration Project Tenements For personal use only 33
Slide 34: Kumarina – Google Earth Image
Kumarina – Google Earth Image For personal use only 34
Slide 35: Kumarina – Bing Image
Kumarina – Bing Image For personal use only 35
Slide 36: Kumarina – Colour DEM
Kumarina – Colour DEM For personal use only 36
Slide 37: Kumarina – B&W TMI
For personal use only Kumarina – B&W TMI 37
Slide 38: Kumarina – B&W TMI
For personal use only Kumarina – B&W TMI 38
Slide 39: Kumarina – Colour TMI
Kumarina – Colour TMI For personal use only 39
Slide 40: Kumarina – Radiometrics TC
Kumarina – Radiometrics TC For personal use only 40
Slide 41: Kumarina – Radiometrics Thorium
Kumarina – Radiometrics Thorium For personal use only 41
Slide 42: Kumarina Exploration Project
Kumarina Exploration Project Hyperspectral mineral mapping technology For personal use only Suitable for large, low vegetation areas Interrogated for specific mineral signatures Mapping to 4m pixel size Collection of data completed Processing completed in June 2012 42
Slide 43: Capital Structure
Capital Structure For personal use only Issued Shares Options Total 61.8 M 25.4 M Cash on hand A$4.9 M @ March 30 Market Cap @ 55c A$34 M 43
Slide 44: Competent Persons Statement
Competent Persons Statement For personal use only The information in this presentation that relates to Exploration Results is based on information compiled by Mr David Reid who is a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM). Mr Reid is an employee of Ventnor Resources L
Slide 45: Contact
Contact For personal use only Bruce Maluish Managing Director Lvl 1, 6 Thelma Street West Perth WA 6005 E: brucem@ventnorresources.com.au M: 0418 940 417 P: 08 9226 3780 45