Red Mountain Mining Ltd · ASX:RMX
Red Mountain Mining — RIU Melbourne Resources Round-Up 2013
23 slides from Red Mountain Mining's conference presentation, Sep 24, 2013
Slide 1: Red Mountain at the RIU Melbourne Resources Round-Up
ASX ANNOUNCEMENT 24 September 2013 For personal use only RED MOUNTAIN AT THE RIU MELBOURNE RESOURCES ROUND-UP Red Mountain Mining Ltd (ASX:RMX) (“the Company”, “Red Mountain”) releases the corporate presentation that Managing Director Jon Dugdale will be presenting at the RIU Melbourne Resources Rou
Slide 2: For personal use only
Total Mineral Resources at Batangas at a 0.85 g/t Au lower cut off include Indicated Resources of 2.76 million tonnes @ 2.3 g/t Au, 208,000 oz Au and Inferred Resources of 3.02 million tonnes @ 2.1 g/t Au, 200,000 oz Au for a total of 5.78 million tonnes at 2.2 g/t Au, 408,000oz Au (announced Januar
Slide 3: Drilling high-grade gold targets with a pathway to production
For personal use only September 2013 Drilling high-grade gold targets with a pathway to production
Slide 4: Disclaimer and Forward Looking Statements and Qualified Person Statement
Disclaimer and Forward Looking Statements and Qualified Person Statement For personal use only The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, publish
Slide 5: Highlights: Batangas Gold Project
Highlights: Batangas Gold Project For personal use only • Flagship Batangas Gold Project: 270 km² area of tenements, ideal location 120km south of Manila, excellent access and regional infrastructure and strong community and local government support • Established Mineral Resources on granted MPSA’s
Slide 6: RMX Company Overview
RMX Company Overview For personal use only Red Mountain Mining Ltd ASX: RMX Listed Shares 477,567,015 Listed Options RMXO 1.5c 140,678,999 Gold Index Listed Options RMXOA 3c 97,839,477 Unlisted Options ($0.20) 42,728,125 Top 20 shareholders 49% Share Price Share price 0.8 cps (18th September 2013) M
Slide 7: Experienced Board and Executive Team
Experienced Board and Executive Team For personal use only • Board of Directors Neil Warburton: Chairman – Mining Engineer, former CEO of Barminco, 35yrs experience Barminco became the largest underground contractor in Australia under Neil Jon Dugdale: Managing Director – Geologist, discovery backgr
Slide 8: The Philippines: A Golden Opportunity
The Philippines: A Golden Opportunity For personal use only • US based system of Democratic government Far South East (Gold Fields) • IMF growth projections 7% next 5 years Didipio (Oceana) • Stable mining law and regulations. - New mining policy Executive Order 79 (2012) Batangas demonstrates commi
Slide 9: Batangas Gold Project: Mineral Resources
Batangas Gold Project: Mineral Resources • 270km² land package covers entire epithermal gold field Luzon • Two key gold resource projects: For personal use only - Lobo high-grade gold lodes eg Medusa – Co-o Manila - Archangel – bulk tonnage gold eg Masbate • Drilling to test high-grade Exploration T
Slide 10: Batangas Gold Resources @ 0.85 g/t Au cut off (JORC)
Batangas Gold Resources @ 0.85 g/t Au cut off (JORC) For personal use only Resource Deposit Tonnes Au g/t Au Oz Ag g/t Ag Oz Category Inferred 3,004,000 2.0 197,000 1.3 124,000 Archangel Indicated 2,582,000 2.0 166,000 5.7 471,000 *Total 5,586,000 2.0 363,000 3.3 595,000 Inferred 16,000 5.3 3,000 1.
Slide 11: Lobo: Five Parallel Epithermal Gold Structures
Lobo: Five Parallel Epithermal Gold Structures BATANGAS • Five parallel high-grade lode structures Manila, PROJECTS 120km • 15km strike, of which only 0.5km drilled • Five identified high-grade veins/shoots For personal use only N • Exploration Targets to upgrade resource LOBO Map Area MAP KEY LITHO
Slide 12: Batangas Gold, Lobo, Initial Exploration Targets
Batangas Gold, Lobo, Initial Exploration Targets For personal use only Resource Deposit Tonnes Au g/t Equivalent Au Oz Equivalent Category V1 70,000 130,000 4.3 6.4 10,000 27,000 Pica V2 130,000 230,000 3.2 4.8 13,000 36,000 V3 100,000 180,000 2.7 4.0 9,000 23,000 Total Pica 300,000 540,000 3.3 5.0
Slide 13: Lobo SWB - Japanese Tunnel Longitudinal
Lobo SWB - Japanese Tunnel Longitudinal B B’ 10100N 10000N 10200N Taysan Porphyry BATANGAS Cu-Au Deposit PROJECTS For personal use only JAPANESE SOUTHWEST TUNNEL BRECCIA 200m ASL 9.5m @ 13.5 g/t Au 6m @ 23.55 g/t Au LOBO 6m @ 8.8 g/t Au Map Area 5m @ 10.43 g/t Au & 7.45m @ 12.45 g/t Au 5m @ 6.63 g/t
Slide 14: Lobo, Southwest Breccia High-grade Lode
Lobo, Southwest Breccia High-grade Lode SOUTHWEST BRECCIA CROSS SECTION 10172N BATANGAS Trench: 9.5m @ 13.5 g/t Au For personal use only 9,950E 10,000E PROJECTS Manila, 13.3m @8.30 g/t Au LB65-11 120km 180m ASL 8.0m @ 8.82 g/t Au inc. 3.0m @ 15.4 g/t Au 11.90m LB62-11 7.75m @ 4.67 g/t Au 160 LB61-11
Slide 15: Lobo, Japanese Tunnel High-grade Lode
Lobo, Japanese Tunnel High-grade Lode Taysan Porphyry BATANGAS Cu-Au Deposit PROJECTS 10,000E 10,100E 160m Trench 4 Trench 4 ASL 2m @ 18.12 g/t Au 4m @ 12.23 g/t Au For personal use only 1.03 % Cu 0.96 % Cu 140 LB 82-13 JAP TUNNEL 8.7m @ 4.34 g/t Au LOBO Inc. 4.35m @ 7.53 g/t Au Map Area 120 Inc. 0.
Slide 16: Lobo: Five Parallel Epithermal Gold Structures
Lobo: Five Parallel Epithermal Gold Structures BATANGAS • Five parallel high-grade lode structures Manila, PROJECTS 120km • 15km strike, of which only 0.5km drilled • Five identified high-grade veins/shoots For personal use only N • Exploration Targets to upgrade resource LOBO Map Area MAP KEY LITHO
Slide 17: Lobo Project: Pica Prospect Cross Section
LOBO PROJECT: PICA PROSPECT CROSS SECTION 8,300E 8,200E 100m ASL BATANGAS PROJECTS Manila, 120km For personal use only 75 PC-02 5m @ 4.28 g/t Au, 15.75 g/t Ag Inc. 1.5m @ 8.68 g/t Au, 15 g/t Ag LOBO 1.3m @ 9.49 g/t Au, 21.75 g/t Ag Map Area 50 1.7m @ 4.4 g/t Au, 34.8 g/t Ag Current drill hole ? MAP
Slide 18: Archangel Project: Kay Tanda Gold Prospect
ARCHANGEL PROJECT: KAY TANDA GOLD PROSPECT 316000E 317000E Taysan Porphyry BATANGAS Cu-Au Deposit PROJECTS For personal use only 1508000N LOBO Map Area KTD199-12 Lumbangan MAP KEY 2.2m @ 36.53 g/t Au 6.6m @ 2.63 g/t Au Zone Younger volcanics Lithologic contact Mineralized volcanics Area of drill res
Slide 19: Archangel Resources Cross Section
Archangel Resources Cross Section For personal use only A • Resources at surface A’ • Low stripping ratio • Majority oxide-transition • Good metallurgy Kay Tanda West 16
Slide 20: Multiple High-Grade, at surface, Targets: Funded for Drilling and Scoping Study
Multiple High-Grade, at surface,Targets: Funded for Drilling and Scoping Study For personal use only Targets Results to date Pica Drillhole: PC05: 5m @ 4.28 g/t Au inc. 1.3m @ 9.3 g/t Au Japanese Tunnel Drill hole: LB-82: 8.7m @ 4.34 g/t Au inc. 3.7m @ 8.6 g/t Au West Drift Drillholes, peak, 6m @ 8.
Slide 21: RMX: EV/Oz = $4 / Oz vs $25 / Oz peer average
RMX: EV/Oz = $4 / Oz vs $25 / Oz peer average For personal use only EV/Resource - Explorers 100 90 80 70 60 $/oz 50 40 30 20 10 0 AOU RMX DCN GRY PXG PGO AMX AUC TAM ABU Average CHZ PIR GMR AZH AYC Source: Patersons Securities Limited 18
Slide 22: Red Mountain Mining – Why Invest?
Red Mountain Mining – Why Invest? For personal use only • Flagship Batangas Gold Project with established Mineral Resources on granted MPSA’s (Philippines equivalent of Mining Leases) • Ideal project location, 120km south of Manila, excellent access and regional infrastructure and strong community a
Slide 23: Red Mountain Mining (RMX) Contact Details
Red Mountain Mining (RMX) Contact Details For personal use only Neil Warburton, Chairman Red Mountain Mining E: neil.warburton@redmm.com.au Head Office M: +61-408 935 014 Unit 1, 2 Richardson Street West Perth WA 6005 Jon Dugdale, Managing Director E: jon.dugdale@redmm.com.au P: +61-8 9226 5668 M: +
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