Resource Minerals International Ltd · ASX:RMI
Resource Minerals International — Resource Mining — Shareholder Meeting (November 2007)
19 slides from Resource Minerals International's shareholder meeting presentation, Nov 30, 2007
Slide 1: Annual General Meeting
For personal use only Annual General Meeting 29 November 2007 2:00PM
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by Resource Mining Corporation Limited (“RMC” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation wi
Slide 3: Major Projects
Major Projects For personal use only WOWO GAP (100%) ARGYLE IRON ORE (75%) ► Nickel laterite deposit: ► Haematite/plus Magnetite ( Limonite + Saprolite) potential ► Inferred Resource 120mt at 1.2% ► Inferred Resource Ni, 0.1% Co 17mt at 55% Fe, 14.9% SiO2, 2.86% AI2O3, 0.02% P ► 2007 Exploration con
Slide 4: Rights Issue
Rights Issue For personal use only • 1 for 10 renounceable rights issue • price of 5.3 cents • to raise $2,294,332, before costs • Share allotted 28 November 2007 Share Capital Cash (M/shares) ($M) At 30 September 432,892,812 0.35 Rights Issue 43,289,281 2.29 Total 476,182,093 2.64
Slide 5: Nickel/Cobalt Project
Wowo Gap – Nickel/Cobalt Project For personal use only
Slide 6: 2007 Work Program
Wowo Gap – 2007 Work Program For personal use only 1. LIDAR DEM acquisition 2. 400m spaced GPR profiles 3. 800m x 400m Diamond Drilling 4. Metallurgical Testing 5. Development Options 6. Resource Estimation 7. Scoping Study
Slide 7: LIDAR
Wowo Gap – LIDAR For personal use only High Resolution Laser Measurement system for detailed mapping of the earth surface
Slide 8: LIDAR Digital Elevation Model
Wowo Gap – LIDAR Digital Elevation Model For personal use only Surpac Triangulation of the LIDAR ground points
Slide 9: LIDAR Digital Elevation Model
Wowo Gap – LIDAR Digital Elevation Model For personal use only Perspective View of the LIDAR DEM
Slide 10: LIDAR DEM Contour Map
Wowo Gap – LIDAR DEM Contour Map For personal use only
Slide 11: Historical Drilling
Wowo Gap – Historical Drilling For personal use only
Slide 12: Drilling with GPR lines
Wowo Gap – Drilling with GPR lines For personal use only
Slide 13: 2007 Diamond Drilling
Wowo Gap – 2007 Diamond Drilling For personal use only
Slide 14: Ground Penetrating Radar
Wowo Gap – Ground Penetrating Radar For personal use only • Proven technique Ni laterite deposits around the world (eg Ramu, Weda Bay, Goro) • Maps boundaries of laterite layers within profile • Less drilling required: drilling used to confirm layer identification and grade
Slide 15: Laterite Profile Thickness From GPR
Wowo Gap – Laterite Profile Thickness From GPR For personal use only
Slide 16: Work Program for 2008
Wowo Gap – Work Program for 2008 For personal use only 1. Infill Diamond Drilling to 400m x 400m 2. Infill GPR at 200m spacing 3. Scout Drilling using Wacker Rig 4. Metallurgical Testing 5. Beneficiation Options 6. Resource Estimation 7. Pre-feasibility Study
Slide 17: Argyle Iron Ore
For personal use only Argyle Iron Ore
Slide 18: Argyle Iron Ore
Argyle Iron Ore Operational Philosophy 1-2 Mtpa For personal use only JORC Inferred Resource: 17mt 55%Fe MINE Minimal overburden, ore horizon dips 10 to 15 degrees to East, Waste: Ore <0.5:1 Contractor operation, 45/50 tonne trucks, small excavator/front end loader PROCESSING Contractor crush/screen
Slide 19: Summary
Summary For personal use only WOWO GAP FOCUS FOR RMC ► Nickel opportunity at Wowo Gap has the potential to add great value through expansion of the resource size ► Focus on Wowo Gap to better define the development potential of this significant resource ► Metallurgical testwork and technical review
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