Vault Minerals Limited · ASX:VAU
Vault Minerals — Red 5 — Emerging Asia Gold Conference 2010
30 slides from Vault Minerals's conference presentation, Jul 14, 2010
Slide 1: Red 5 Limited Siana Gold Project, Philippines
For personal use only RED 5 LIMITED SIANA GOLD PROJECT J - PHILIPPINES Emerging Asia Gold Conference July J l 13, 13 2010
Slide 2: RED5 at a glance
RED5 at a glance..... g For personal use only RED – ASX (9 July): 12.0 cents p ((9 July): Market Cap y) $117.3m $ Issued Shares: 977.3m p Enterprise Value: US$48 $ $ $/oz (per Resource oz) Cash at 31 March: A$61.4m Largest Shareholders: Mathews Capital 15.0% R St Stanley l 6 7% 6.7%
Slide 3: Location
Location For personal use only New porphyry gold-copper discovery! 254 metres at 1.2g/t gold and 0.16% copper and.. 189 metres at 1.0g/t gold and 0.17% copper
Slide 4: Project information
Project information For personal use only Open pit and underground g Mine Life of the Mine 11 Years Open Pit 5 Years Underground 6 Years Project development cost US$70 million Project j development p strategy gy - Mine and plant construction to major Filipino contractors - All other contract
Slide 5: For personal use only
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Slide 6: Resource drilling
For personal use only Resource drilling g
Slide 7: Resource panels
For personal use only Resource panels
Slide 8: Long section
For personal use only Long g section
Slide 9: Siana mineral resources
Siana mineral resources For personal use only Category* Mt Au (g/t) Oz Au Ag (g/t) Oz Ag Indicated 5.15 4.6 769,000 9.5 1,523,000 Inferred 1.54 7.1 353,000 11.5 573,000 TOTAL 6 69 6.69 52 5.2 1 122 000 1,122,000 97 9.7 2 095 000 2,095,000 *Note – estimated in accordance with JORC standards
Slide 10: Enhanced production cases
Enhanced production cases - positive iti upside… id For personal use only Mapawa : – soft, near surface ore - Project oject yea year 5 5? - significant gold intercepts in early drilling Increased underground mine rate – Project year 3? Co-production of zinc concentrate – Project year 5? The enhanced
Slide 11: Planned site layout
For personal use only y Planned site layout
Slide 12: Underground mining
For personal use only g Underground mining g
Slide 13: Underground mining method
Underground g mining g method For personal use only
Slide 14: Plant design
For personal use only g Plant design
Slide 15: Production targets
Production targets g For personal use only 40,000 35,000 on ‐ Oz 30,000 Mapawa Mine Target Productio 25,000 Siana Resource Conversion erly Gold P 20 000 20,000 Siana Mine Plan Siana Mine Plan 15,000 Quarte 10,000 Open Pit Production 5,000 U d Underground dPProduction d ti ‐ n‐11 n‐18 Decc‐12 n‐17 De
Slide 16: Strong community support
Strong g community y support pp For personal use only
Slide 17: Permitting
Permitting g For personal use only All major permits in place • Free and Prior Informed Consent Certificate • Environmentall Compliance l Certificate f • Notice to Proceed • Plant Discharge Permit • Local company merger complete
Slide 18: Site construction commenced
Site construction commenced For personal use only Access road Administration buildings Dewatering bores
Slide 19: Project milestones
Project j milestones For personal use only • Major permitting Complete • Complete Site Works Sept Qtr 2010 • Debt Finance Sept p Qtr 2010 • Pre-Strip commenced Sept Qtr 2010 • Plant Pl t completion l ti M h Qtr March Qt 2011 • First Gold Production June Qtr 2011 Awaiting final finance package offer:
Slide 20: Debt financing package
Debt financing g package g For personal use only • Deutsche Bank/Ashmore US25m + US15m • Interest only loan with 42 month balloon • Gold pre-pay pre pay over 48 months • No hedging required • Penultimate CP completed • Closing g expected p late July y
Slide 21: Location
For personal use only Location
Slide 22: Mapawa surface mineralisation
Mapawa surface mineralisation For personal use only
Slide 23: Mapawa IP results
For personal use only Mapawa IP results
Slide 24: Mapawa IP interpretation
Mapawa IP interpretation For personal use only
Slide 25: Typical Cu-Au porphyry
Typical yp Cu‐Au p porphyry p y y For personal use only
Slide 26: Mapawa exploration drilling
Mapawa exploration drilling For personal use only
Slide 27: Mapawa IP cross-section
Mapawa IP cross‐section For personal use only
Slide 28: Mapawa geological cross-section
Mapawa geological cross‐section For personal use only
Slide 29: Summary
Summary For personal use only • Emerging gold producer in the Philippines • Excellent community relations • All major permits in place • Construction commenced • Final debt financing imminent • +10 year production profile • Enormous exploration potential in the region
Slide 30: Competent Person statement
For personal use only The information in this Public Report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on, and accurately reflects, information compiled by Mr G C Edwards and Mr W Darcey who are full‐time full time employees of Red 5 Limited and who are Members o