Element 25 Limited · ASX:E25
Element 25 — Montezuma Mining Company — Shareholder Meeting (November 2016)
18 slides from Element 25's shareholder meeting presentation, November 2016
Slide 1: AGM Update November 2016
Insert pic of drill rig from website AGM Update November 2016
Slide 2: Disclaimer
Disclaimer This presentation contains an overview of Montezuma Mining Company Ltd and its associated entities (Montezuma) and their respective activities and operations. The contents of this presentation, including matters relating to the geology of Montezuma’s projects, may rely on various assumpti
Slide 3: Overview
Overview n Board of Directors n Market Data ¨ Seamus Cornelius Chairman ¨ Shares on Issue: 83.5M (lawyer) ¨ Share Price: $0.13 ¨ Justin Brown Executive Director (geologist) ¨ Market Cap: $10.8M ¨ John Ribbons Director ¨ Cash: ~$5.3M (accountant) ¨ Investments: ~$5.2M n Management ¨ Debt: Nil ¨ Dave
Slide 4: Corporate Strategy
Corporate Strategy n Capital management through sensible corporate transactions such as: ¨ Acting as vendor in new companies – equity holding provides upside to all assets in newco. ¨ Asset sales – immediate cash injection onto the balance sheet. ¨ Joint Ventures – minimise spend while preserving up
Slide 5: Key Investments
Key Investments The current portfolio Total current market value of approximately $5.16M* Additional leverage provided by 4M 12.5c BUX option position *Based on ASX closing prices on 23 November 2016.
Slide 6: Strategic Overview
Strategic Overview n Strategy 1 – Growth through discovery or acquisition: ¨ Discovery n Priority gold targets are drill ready at Yamarna and Holleton. n Developing pipeline at Green Dam, Leinster, Lake Johnstone etc. n Ongoing project generation work to identify new opportunities for exploration su
Slide 7: Projects
Projects § Targeted tenement acquisition ongoing in Western Australia. § Ongoing review of acquisition targets. § Currently hold tenements for various commodities in Western Australia. § Priority gold targets at 100% owned Yamarna Project in the Yamarna Greenstone Belt. § Recently acquired 100% owne
Slide 8: The Yamarna Project: Regional Context
The Yamarna Project: Regional Context RYVITA TARGET § Location 20km along strike from Aircore geochemical anomaly Gruyere (6.2 M oz resource*) JATZ PROSPECT Multiple Ore Grade RC Drill enhances prospectivity. Intersections within fold nose – stockwork veining § Recent structural and RITZ TARGET Airc
Slide 9: The Jatz Gold Trend
The Jatz Gold Trend Significant High Grade Gold Mineralised YAAC339 Structure Over 1km Long 7m @ 185 ppb Au Open to the North YARC041 2m @ 9.0 g/t Au Incl. 1m @ 17.5 g/t Au YARC016 4m @ 1.2 g/t Au YARC014 Incl. 2m @ 1.8 g/t Au 2m @ 1.1 g/t Au YARC013 1m @ 1. 1 g/t Au YARC017 9m @ 0.7 g/t Au Note: Al
Slide 10: The Big Picture: The Regional Greenstone Package at Jatz
The Big Picture: The Regional Greenstone Package at Jatz E38/2889 YAAC457 YAAC373 4m @ 269 ppb Au 11m @ 144 ppb Au (BOH Basement) RYVITA PROSPECT YARC041 2m @ 9.0 g/t Au Incl. 1m @ 17.5 g/t Au YAAC236 14m @ 254 ppb Au (BOH Basement) Note: All intersections are downhole widths YAAC441 1m @ 219 ppb Au
Slide 11: Holleton Project
Holleton Project Effective Project Generation at Work § Acquisition costs negligible: application fees only. § Early work done by Independence Group NL in 2008/09. next slide shows this area in detail § Multiple >100ppb soil anomalies providing a pipeline targets. § “Walk up drill targets” include t
Slide 12: Brahma: Unfinished Business
Brahma Unfinished Business § Coherent gold in soil anomaly 2.5 km in strike. § Confirmed by aircore drill traverses along the entire strike length. § Only three deeper holes drilled and all three returned significant gold anomalism.
Slide 13: Brahma: Unfinished Business
Brahma Unfinished Business § Basement mineralisation proven. § Scale potential evident. § More drilling required.
Slide 14: What's Next?
What’s Next? n Jatz: Follow up RC drilling at Jatz to follow up high grade results: Heritage clearances COMPLETE POW approvals COMPLETE Drilling COMMENCING ASAP n Ryvita, Le Snak and Ritz: Follow up aircore drilling to delineate the strike extent of the targets and build the exploration pipeline. n
Slide 15: 2017 Vision
2017 Vision Montezuma is well funded and strategically positioned for a recovering commodities market… § Strong financial position – cash and investments. § Strong cash position. § Significant liquid investments in listed entities. § Low cost structure. § Tight capital structure. § Experienced board
Slide 16: Contact
Contact Montezuma Mining Company Phone: +61 8 6315 1400 Facsimile: +61 8 9486 7093 31 Ventnor Avenue, West Perth WA 6005 PO Box 910, West Perth WA 6872 www.montezuma.com.au Justin Brown Executive Director P: +61-8 6315 1400 E: jbrown@montezuma.com.au 16
Slide 17: Questions
MONTEZUMA MINING COMPANY LTD Questions
Slide 18: Competent person
Competent person n The information in this report that relates to Exploration Results, Mineral Resources and Mineral Reserves is based on information compiled by Mr Justin Brown who is a member of the Australasian Institute of Mining and Metallurgy. At the time that the Exploration Results, Mineral
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