Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — Investor Presentation (March 2021)
19 slides from Zenith Minerals's investor presentation, Mar 17, 2021
Slide 1: Investor Presentation March 2021
Drilling at Red Mountain Sampling at Split Rocks INVESTOR P R E S E N TAT I O N For personal use only “121”Presentation March 2021 F o c u s e d E x p l o r a t i o n o n C o r e G o l d & C o p p e r P r o j e c ts Drilling at Split Rocks
Slide 2: Why Zenith?
Why Zenith? For personal use only 1. Our Strategy - very focused - precious and base metals 2. Very active on 3 Gold & 1 Copper Project in Australia – drilling 3 projects this quarter 3. Gold projects are in Tier 1 regions that have proven multi-million ounce historic and current gold endowment 4. S
Slide 3: Corporate Structure
Corporate Structure Share Price Capital Structure ASX:ZNC For personal use only Source: CommSec.com.au Share Price (1 Feb 21) $0.13 Shares on Issue - ZNC fully paid ordinary 294.4m Market Capitalisation $37m Cash (31 Dec 20) $3.8m Listed Equities 3.8m RTR Shares (Mar 21) $0.4m Contact Details: Major
Slide 4: Core Gold Projects
CORE GOLD PROJECTS 1. Red Mountain Gold Project – Queensland (100% For personal use only owned) • High-grade near surface gold & silver in Zenith’s maiden drill campaign 1 - drilling continuing • 13m @ 8.0 g/t Au incl 6m @ 16.7 g/t Au from surface • 15m @ 3.5 g/t Au, 2m @ 8.0 g/t Au & 109.4 g/t Ag 2
Slide 5: Queensland Project Locations
Queensland Project Locations For personal use only 15 Moz Au Gold Region1 Red Mountain Gold Project (100% ZNC) Flanagans Gold Project (100% ZNC) – to be further advanced in early 2021 Develin Creek Copper Zinc Project (100% ZNC) >15m oz Au gold district. Located b/w Cracow (2Moz), Mt Rawdon (2.5Moz)
Slide 6: Red Mountain Gold
Red Mountain Gold For personal use only Red Mountain Plan - Gold Zones, Targets & Planned Drilling Red Mountain Cross Section Showing Gold Zones & Planned Drilling 1 ZNC ASX Releases 24 Sep 19, 25 Oct 19 & 25 Nov 19, Drill results 17 Jun 20, 19 Oct 20 & 29 Oct 20 6
Slide 7: Red Mountain Gold-Mt Wright Analogy
Red Mountain Gold-Mt Wright Analogy For personal use only Zenith’s Red Mountain gold mineralisation like that at the Mount Wright gold mine 7
Slide 8: Split Rocks Gold
Ownership: 100% Split Rocks Gold Location: WA Commodity: Gold & Lithium Stage: Drilling For personal use only Located halfway between Perth & Kalgoorlie >10Moz Au gold district 650 sq km of tenure, most licences 100% owned 18 targets defined over 18km strike extent First large anomaly now being RC t
Slide 9: Split Rocks Gold
Figure 2 Split Rocks Gold Recent ZNC results2: For personal use only Dulcie Laterite Pit • 16m @ 3.7 g/t Au • 18m @ 2.0 g/t Au (eoh) • 10m @ 1.8 g/t Au • 2m @ 14.5 /t Au • 2km long target zone defined – drilling continuing Dulcie North - 32m @ 9.4 g/t Au, incl 9m @ 31.4 g/t Au Dulcie Far North - 5m
Slide 10: Core Copper Projects
For personal use only CORE COPPER PROJECTS Develin Creek Copper-Zinc Project (100% owned) - Queensland • Maiden drill test of the new Snook copper target located 30km south of Zenith’s JORC resources discovers massive copper-zinc sulphides3 • District scale VMS play 1 ASX Release 3 Aug 20 & 13 Oct 2
Slide 11: Copper Outlook is Strong
Copper Outlook is Strong Rising demand from Renewables and EV Sectors For personal use only Proportion of 2028 mine supply required from currently uncommitted projects (Mt) • 25% Worlds largest base metals market (22Mtpa 5.4 20% 1.2 2.8 20.4 consumption) 15% 0.5 11.8 117.6 24.2 • 10% Multitude of in
Slide 12: Develin Creek Copper: Exploration Potential and Scale
Develin Creek Copper Exploration – Potential and Scale For personal use only Sulphide City (2.6Mt) 10KM Golden Grove (40Mt) Snook Prospect (?Mt) 10KM Jaguar (9Mt) Resources 10KM Prospects 10KM Noranda (262Mt) Source: Franklin et al, 2005, CSIRO 2004 – Copper-Zinc massive sulphide deposits in WA Expl
Slide 13: Develin Creek Copper: Sulphide City
Develin Creek Copper Sulphide City For personal use only Redback 7450000mN 2.57Mt@1.76% Cu, 2.01% Zn 10m@0.5% Zn 0.24g/t Au and 9.6g/t Ag (JORC1) 10KM Planet Pyrite 3m@0.8% Zn 20KM Drilling Snook Prospect 7425000mN 3m @ 1.6% copper, 1.1% zinc, 43 g/t silver, 0.2 g/t gold2 Comanche 12m@1.35% Zn 7.2m@
Slide 14: Our Projects Early in the Lifecycle
Our Projects early in the Lifecycle Risks Fluctuating commodity prices Funding risk Technical risk For personal use only HIGH Exploration risk VALUE $ Discovery Speculation Operating Mine Junior Exploration Orphan Period Institutional / Strategic LOW Investment VALUE Split Rocks Life Cycle Develin C
Slide 15: Newsflow
Newsflow For personal use only Drill & Geophysics Red Mountain Gold Project – Queensland (100%) Feb - Mar Split Rocks Project Gold - Western Australia (100%) Drilled Feb - Mar Drill & Geophysics Develin Creek Copper Zinc Project – Queensland (100%) Mar-Apr Earaheedy Zinc JV (ZNC 25% free carry to BF
Slide 16: Disclaimer & JORC Statements
Disclaimer & JORC Statements Forward looking statements For personal use only Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties that could cause actual results to differ from estimated results. Forward-lookin
Slide 17: www.zenithminerals.com.au
For personal use only www.zenithminerals.com.au 17
Slide 18: Appendix
For personal use only APPENDIX 18
Slide 19: 2km long drill target
2km long target For Details of Drill Results - Refer ASX Release 15 Jan 21 For personal use only Next Steps: 2km long drill target – Further drilling 2021 19