Argent Minerals Limited · ASX:ARD

Argent Minerals — Shareholder Meeting (November 2014)

27 slides from Argent Minerals's shareholder meeting presentation, Nov 28, 2014

  1. Slide 1: Annual General Meeting Presentation

    For personal use only ARGENT MINERALS LIMITED ASX:ARD ANNUAL GENERAL MEETING PRESENTATION DRILL TESTING THE HIGH-GRADE VMS POTENTIAL OF THE KEMPFIELD POLYMETALLIC DEPOSIT CORPORATE PRESENTATION 28 NOVEMBER 2014 12 MAY 2014

  2. Slide 2: Disclaimer

    DISCLAIMER This investor presentation (Presentation) has been prepared by Argent Minerals Limited (ABN: 89 124 780 276) (Argent Minerals, Argent or the Company). It should For personal use only not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or

  3. Slide 3: Argent at a Glance

    ARGENT AT A GLANCE Capital Structure Board & Management For personal use only Ordinary shares (ASX:ARD) 153.6M Stephen Gemell Chairman (Non-exec) B.Eng (Hons), FAusIMM (CP) Share price1 $0.03 David Busch Managing Director Market capitalisation1 $4.6M B.Eng, BSc, MAusIMM Cash1 $710,000 Marcus Michael

  4. Slide 4: Three Projects in Rich, Productive Geological Terrane

    THREE PROJECTS IN RICH, PRODUCTIVE GEOLOGICAL TERRANE Kempfield Polymetallic Project (Argent 100%)* For personal use only § Project upgraded to polymetallic: significant high grade zinc/lead potential identified § Deep diamond drilling program to test § Existing JORC 2012 Resource § Freehold lan

  5. Slide 5: Business Model

    BUSINESS MODEL Strategy Primary Goals/Aspirations For personal use only ASX:ARD premium Leading Australian quality market valuation Exploration Polymetallic Producer 1.5 Mtpa, 20Y LOM Execution Expertise + technology + ‘can do’ + persistence Production Capital Efficiency Exploration goals/aspiration

  6. Slide 6: Argent Strategy: Three Key Elements

    ARGENT STRATEGY: THREE KEY ELEMENTS Exploration For personal use only Initial goals/aspirations: • Kempfield: Additional tonnes, high grade lead/zinc focus - Feeder zone and multiple VMS lens potential • West Wyalong: drill large identified porphyry copper-gold target Efficient funding Feedstock Marke

  7. Slide 7: Kempfield Polymetallic Project

    For personal use only KEMPFIELD POLYMETALLIC PROJECT Drill testing the high-grade VMS potential of the Kempfield polymetallic deposit 7

  8. Slide 8: Strategically Positioned in World-Class Neighbourhood

    STRATEGICALLY POSITIONED IN WORLD-CLASS NEIGHBOURHOOD § HIGHLY PRODUCTIVE GEOLOGICAL TERRANE For personal use only § COMPELLING PEER GROUP: RICH VMS DEPOSITS AT BASIN MARGINS New South Wales ENDEAVOUR CSA LACHLAN OROGEN PEAK GOLD Eastern Australian NYMAGEE COBAR BASIN Palaeozoic VMS HERA deposits*

  9. Slide 9: Strong Peer Group Implies Significant Upside Potential

    STRONG PEER GROUP IMPLIES SIGNIFICANT UPSIDE POTENTIAL RESEARCH LED BY PROFESSOR ROSS LARGE For personal use only – Centre of Excellence in Ore Deposit Research (CODES)1: Key Features: Palaeozoic VMS Deposits Target Kempfield Comparison2 Major deposit size 15-90 Mt ✔ 21.8 Mt + significant potential

  10. Slide 10: Kempfield Deposit Formation (Genesis Model)

    KEMPFIELD DEPOSIT FORMATION (GENESIS MODEL) Original position of Kempfield VMS system For personal use only Basin VMS DEPOSIT SPECTRUM sediments Orange margin volcanoclastics 1 Silver/barite West-East section view 2 Increasing lead/zinc 3 Sydney KEMPFIELD 4 High grade lead/zinc +/- copper/gold Hill

  11. Slide 11: Substantial Open, Highly Prospective, Untested Areas

    SUBSTANTIAL OPEN, HIGHLY PROSPECTIVE, UNTESTED AREAS 4 km strike For personal use only potential IP chargeability anomalies1 (mV/V) ) margin < 0.5 0.50 to 2.00 2.00 to 4.00 basin Open 4.00 to 5.00 5.00 to 6.50 zone ( 6.50 to 8.00 ≥ 8.00 Open h fault Known mineralisation JORC 2012 Resource Growt Incr

  12. Slide 12: Exploration Strategy – Interpreted Lens/Feeder Focus

    EXPLORATION STRATEGY – INTERPRETED LENS/FEEDER FOCUS For personal use only LENS 2 – Quarries (1.7 Mt) 2.1% Pb/Zn & 0.05 g/t Au LENS 2 – McCarron (5.8 Mt) 2.2% Pb/Zn & 0.18 g/t Au INTERPRETED VMS LENS AND d / zinc st FEEDER ZONE AREAS LENS 1 (6.8 Mt) 1.4% Pb/Zn & 0.06 g/t Au i n a g le the We a s (co

  13. Slide 13: Rich Intercepts - New Third VMS Lens

    RICH INTERCEPTS - NEW THIRD VMS LENS 6,257,950mN 708,000mE 6,257,900mN 708,050mE 6,257,850mN 708,150mE 708,200mE 708,250mE For personal use only A ASection View BB (West) Simplified Section AB (East) 800mRL GKF119 A 96 16 m @ 1.77% Pb/Zn, 18 g/t -0 KF Ag & 0.18 g/t Au from 22 m G Stage 1 750mRL open

  14. Slide 14: The Evidence Pointing to Additional Higher Grade Lenses

    THE EVIDENCE POINTING TO ADDITIONAL HIGHER GRADE LENSES § GEOLOGY For personal use only – Basin margin peers (Professor Ross Large research) – VMS deposits typically ‘deliver’ additional lenses (eg. Rosebery, Hera, Woodlawn) § GEOCHEMISTRY – Copper soil samples at Colossal Reef point to potential

  15. Slide 15: Significant Geophysics Breakthrough for Kempfield

    SIGNIFICANT GEOPHYSICS BREAKTHROUGH FOR KEMPFIELD § CLEAR, STRONG DOWNHOLE MMR RESPONSE TO LEAD/ZINC MINERALISATION For personal use only 0 20 40 60 80 100 120 140 160 180 0 Depth down hole (m) -­‐20 -­‐40 Downhole MMR Amplitude (pT/A) response1 -­‐60 Response to the mineralised zone intercepted by

  16. Slide 16: Company-Making High-Impact Drilling Targeting High Grade Zn/Pb

    COMPANY-MAKING HIGH-IMPACT DRILLING TARGETING HIGH GRADE Zn/Pb 707,000 mE 707,500 mE 708,000 mE 708,500 mE 709,000 mE For personal use only Imminent start N LEGEND MMR conductive 6,259,000 mN 1 zones & follow up 6,259,000 mN priorities 5 50 MMC Response (pT/A) Hole 2* – 650 m 4 20 10 Colossal Reef c

  17. Slide 17: Company-Making High-Impact Drilling Targeting High Grade Zn/Pb

    COMPANY-MAKING HIGH-IMPACT DRILLING TARGETING HIGH GRADE Zn/Pb Colossal Reef Target: Holes 1 and 2 to Cross section of design for Holes 1, 2 & 3 for testing interpreted lenses and feeder zone For personal use only test the interpreted VMS feeder zone, then Lenses 5 & 4. Hole Hole 3: to test Lens 4,

  18. Slide 18: Kempfield Advancing Firmly as a Polymetallic Project

    KEMPFIELD ADVANCING FIRMLY AS A POLYMETALLIC PROJECT INCREASED EXPOSURE TO ZINC AS MARKETS PRICE IN SUPPLY OUTLOOK For personal use only HISTORICAL LME ZINC SPOT AND STOCKS – 12 MONTHS ACTUAL UBS FORECAST1 1,200,000 $2,500 150,000 LME ZINC SPOT $2,500 LME ZINC SPOT ($/t, RHS) LME ZINC STOCKS ($/t, R

  19. Slide 19: West Wyalong Project

    For personal use only WEST WYALONG PROJECT Drill testing the high-grade VMS potential of the Kempfield polymetallic deposit 19

  20. Slide 20: West Wyalong Project Leaps Forward

    WEST WYALONG PROJECT LEAPS FORWARD MAGNETIC SURVEY REVEALS LARGE PORPHYRY COPPER-GOLD TARGET For personal use only ARGENT PROJECT EQUITY NOW 51% WITH RIGHT TO EARN 70% § Porphyry copper-gold signature indicated: coincident magnetic low and IP chargeability high anomalies in Ordovician volcanics WES

  21. Slide 21: Argent Minerals

    ARGENT MINERALS § UNDERSTATED MARKET CAP ($4.6M) VERSUS UNDERLYING VALUE For personal use only – Significant existing Mineral Resource – JORC 2012 compliant (upgrade-ready) – Deep diamond drilling program to test ‘Company Maker’ potential at Kempfield • Targeting high grade zinc/lead potential • Dr

  22. Slide 22: Argent Minerals

    ARGENT MINERALS § STRATEGICALLY POSITIONED IN HIGHLY PRODUCTIVE TERRANE For personal use only – World class peer groups • Kempfield – VMS at basin margins • West Wyalong – Porphyry copper-gold in Ordovician volcanics <- strong investor interest § EXPERIENCED MANAGEMENT – Depth of board experience

  23. Slide 23: Contact Details

    CONTACT DETAILS § WEBSITE www.argentminerals.com.au For personal use only § MANAGING DIRECTOR – David Busch – Mobile 0419 613 800 – Email david.busch@argentminerals.com.au Drill testing the high-grade VMS potential of the Kempfield polymetallic deposit 23

  24. Slide 24: Appendix A – Kempfield JORC 2012 Resource Statement Summary

    APPENDIX A – KEMPFIELD JORC 2012 RESOURCE STATEMENT SUMMARY KEMPFIELD JORC 2012 RESOURCE STATEMENT SUMMARY For personal use only Table 1.0 is a summary of the Kempfield mineral resource announced on 6 May, 2014. Table 2.0 shows the Resource tonnes and grades by Measured, Indicated and Inferred categ

  25. Slide 25: Appendix A – Kempfield JORC 2012 Resource Statement Summary

    APPENDIX A – KEMPFIELD JORC 2012 RESOURCE STATEMENT SUMMARY Table 2.0 – Resource by Category For personal use only In-situ Grade Grade (g/t) Grade (%) (Contained Ag Eq g/t) Resource Tonnes Silver Gold Lead Zinc Silver Equivalent Category (Ag) (Au) (Pb) (Zn) (Ag Eq) (Mt) Oxide/Transitional Measured 2

  26. Slide 26: Appendix A – Kempfield JORC 2012 Resource Statement Summary

    APPENDIX A – KEMPFIELD JORC 2012 RESOURCE STATEMENT SUMMARY Table 3.0 – Kempfield Resource tonnes and contained metal in Measured and Indicated categories For personal use only Contained Metal Resource Moz 000 oz 000 t 000 t In-situ Moz Tonnes Silver Gold Lead Zinc Silver Equivalent (Mt) (Ag) (Au) (

  27. Slide 27: Competent Person Statements

    COMPETENT PERSON STATEMENTS COMPETENT PERSON STATEMENTS For personal use only Previously Released Information This Presentation contains information extracted from the following reports which are available for viewing on the Company’s website http://www.argentminerals.com.au : • 27 August Presentati

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