Vantage Metals Limited · ASX:VAN
Vantage Metals — Belararox — Conference Presentation (November 2022)
15 slides from Vantage Metals's conference presentation, November 2022
Slide 1: Significant Belara and Native Bee Maiden Resource Estimate
Significant Belara and Native Bee Maiden Resource Estimate November 2022 1
Slide 2: Important Legal Information
Important Legal Information Belararox Limited (”The Company”) does not purport to give financial or investment advice. No account has been taken Competent Person Statement of the objectives, financial situation or needs of any recipient of this document. Recipients of this document should carefully
Slide 3: Key Investment Highlights
Key Investment Highlights • Belara is the current focus: • Maiden Mineral Resource Estimate (MRE) for Belara and Native Bee prospects with Inferred Resources of 5.0 million tonnes (Mt) at 3.41% Zinc equivalent (ZnEq) @1.82% Zinc; 0.33% Copper; 0.63% Lead; 17.5 g/t Silver and 0.21g/t Gold at a 0.85%
Slide 4: Belara Project (NSW)
Belara Project (NSW) • 100% owned • A 643 km2 tenement package in Central New South Wales • Two historic zinc-copper-gold mines (Belara and Native Bee). • Shallow targets remain, drilled to 400m, located close to Location of the Belara Project tenements with respect to the regional geology over the
Slide 5: Resource Drilling Progress Card – Belara and Native Bee
Resource Drilling Progress Card – Belara and Native Bee 5
Slide 6: Belara Long Section – Historical and New Assays
Belara Long Section – Historical and New Assays Significant drill results include: • 7.0m @ 2.22% Zn, 2.54% Cu (from 78.0m in BLRC013), including 3.0m @ 4.73% Zn, 5.85% Cu (from 78.0m) • 5.0m @ 6.80% Zn, 1.19% Cu (from 51.0m in BLDD028) • 4.0m @ 1.46% Zn, 0.70% Cu (from 67.0m in BLRC015) • 10.0m @ 3
Slide 7: Significance of BLRC016
Significance of BLRC016 • BLRC016 was drilled to confirm the continuation of base metal mineralisation in previously untested areas and up-dip from thick and high-grade intersections from previous drilling (B021, B033 and B032) Mineralisation is open down-dip and appears to be increasing with depth
Slide 8: Native Bee – Long Section
Native Bee – Long Section Significant drill results include: • 4.0m @ 3.66% Zn, 0.71% Cu (from 81.0m in B024) • 6.0m @ 2.12% Zn, 0.19% Cu (from 167.0m in NBRC002) • 2.0m @ 4.46% Zn, 0.31% Cu (from 88.0m in NBRC001) Mineralisation intersected in NBRC001 and NBRC002 is open along strike to the south a
Slide 9: Significance of NBRC001 and NBRC002
Significance of NBRC001 and NBRC002 • Both holes contain more combined zinc, copper, lead, silver, and gold mineralisation than predicted by the historic resource model. • NBRC002 was planned to test for extensions to a depth of 150m as predicted by the historic resource model that has not been prev
Slide 10: Next Phase – Prospectivity Map and Proposed Drilling
Next Phase – Prospectivity Map and Proposed Drilling • Long section from the Belara historic mine through the Native Bee historic mine showing the 3D magnetic inversion data • Significant exploration potential exists along strike and at depth of known resources 10 ASX announcement 31 Jan 2022: Explo
Slide 11: Next Phase – Native Bee Exploration Potential
Next Phase – Native Bee Exploration Potential • The Native Bee mineralised trend comprises geochemical and geophysical anomalies (airborne magnetics, GAIP and gravity) extending from the area of recent Phase 1 drilling, and area of reported Inferred Resources, southwards over some 1,500m. Native Bee
Slide 12: Next Phase – Regional Prospectivity
Next Phase – Regional Prospectivity • Belara structural corridor extending 20km to the south as evident on the regional geology map • Same host rocks mean potential for Belara and Native Bee repeats 12 ASX announcement 3 Nov 2022: Significant Belara and Native Bee Maiden Resource Estimate
Slide 13: What's Coming
What’s Coming Quarter 2 (Dec 22) Quarter 3 (March 23) Quarter 4 (June 23) Maiden MRE published Belara / Native Bee Phase 2 Belara / Native Bee extensional drilling Resource update based on Belara / Native Bee Phase 2 extension drilling drill planning Bullabulling drill planning Regional exploration
Slide 14: Summary
Summary Completed maiden Mineral Resource Estimate in accordance with JORC (2012) Code over the historic mines at Belara and Native Bee. New drill ready targets identified along strike extensions of known Belara and Native Bee mineralisation which will require significant exploration drilling. Belar
Slide 15: Belararox Limited (ASX:BRX) Investor Presentation November 2022
Belararox Limited (ASX:BRX) Investor Presentation November 2022 Arvind Misra Managing Director arvind.misra@belararox.com.au The Capital Network Julia Maguire 02 8999 3699 julia@thecapitalnetwork.com.au www.belararox.com.au