Capricorn Metals Ltd · ASX:CMM
Capricorn Metals — Malagasy Minerals — Investor Presentation (May 2009)
15 slides from Capricorn Metals's investor presentation, May 2009
Slide 1: Malagasy Minerals Limited
Po MALAGASY MINERALS LIMITED
Slide 2: Disclaimer
Disclaimer • The Malagasy Minerals Ltd (“Company”) presentation (in this projected form and as verbally presented) (“Presentation”) is provided on the basis that none of the Company nor its respective officers, shareholders, related bodies corporate, partners, affiliates, employees, representatives
Slide 3: Milestones Achieved
MILESTONES ACHIEVED Completion of Aeromagnetic / VTEM survey over key project areas – Ampanihy & Vohibory – 80 potentially mineralized conductors identified Completion of surface geochem at Vohibory – numerous coincident anomalies identified with VTEM conductors Major non-core tenement rationa
Slide 4: MML – Projects
MML – Projects 1. Nickel-PGE Ampanihy Project 2. Cu-Ag-Au-VMS Vohibory Project 3. Cash Flow Strategic Assets
Slide 5: Ampanihy
Ampanihy Ni-Cu-PGE Sulphide Aeromagnetic / VTEM21 survey interpretation complete Total of 70 VTEM conductors identified over the two intrusive anorthosites 830 samples of 3,300 total surface geochem programme complete in 2008 – in-house (XRF) assaying returns numerous Ni anomalies coincident w
Slide 6: Ampanihy
Ampanihy MANIRY IANAPERA VTEM Conductor Clusters VTEM Conductor Clusters
Slide 7: Vohibory
Vohibory POST-IPO PROGRESS 5km long VTEM conductor trend on strike from known (3.5%) copper mineralisation Numerous additional polymetallic anomalies identified - coincident with interpreted VTEM conductors Vanadium – Uranium indications in the south of the project – follow- up planned for 200
Slide 8: Zone of >20ppb Au
TE Arptec roupes. Grae, Artoses Opolins HE Greiss. Lettyntes Amptidoides. Cipoling Granites Bie Serpectins GHEE Tintes. Sctustos meirs\ Gres areowques Crartons 1 Q) BuH Strong conductwe trend Moderately conductive trend Weak conductive trend {arrows show dip direction) Strong conductive zone Surfici
Slide 9: Saint Denis Holdings
Saint Denis Holdings MILESTONES Significant upgrading of premises completed – back- up electrical and water – reticulated for cable and wireless internet access Relocation off MML staff to adjacent offices freeing up additional rental space for 3rd parties Commissioning of Intertek-Genalysis s
Slide 10: Mining Services
Mining Services MILESTONES Discussion with major Australian drilling contractor – JV partnership for extended presence in MDG Incorporation of selected MinServ drilling equipment and personnel into proposed JV structure Participation in logistical and laboratory support for Total’s Bemolanga t
Slide 11: Repositioned to Survive
Repositioned to Survive Consistent Strategy 100% - Owned Tenements - Retaining focus on core Projects at Ampanihy and Vohibory - Relinquishment of non-core project areas – A$230K annual saving - In-house drilling and (XRF) assaying continuing to conserve cash by reducing drilling costs Achieveme
Slide 12: On the Ground
On the Ground 12 Years In-Country Experience with Successful Mineral Discovery Track Record Strategic Relationship with BRGM in Madagascar Established Operational Bases with 4 Drilling Rigs All Tenements 100% - Owned with Focus on Ni-Cu-PGE in southern Madagascar Operational Managers resid
Slide 13: MML Capital Structure
MML Capital Structure Malagasy Minerals Ltd (‘MGY’) listed on the ASX on 7th July 2008 IPO issue of 50 million shares at 20 cents per share for $10 million. Total issued capital is 95,000,003 of which 72,875,003 shares are listed The following securities are currently escrowed: 19,625,000
Slide 14: Madagascar – Update
Madagascar – Update Major MDG Project Updates Total (Oil): Bemolanga Tar Sands in central-west Madagascar USD2.0Bn F-S to start July 2009 – (potential investment in excess of USD4.0B); MinServ to assist Straits Resources – (through Red Island Minerals) & Asia Thai mining (through Pan African Min
Slide 15: Thank You
i] WHT AAALAC] ASM All WAMALAGAS 1 MINERALS LIMITED