Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — Investor Presentation (June 2021)
18 slides from Zenith Minerals's investor presentation, Jun 2, 2021
Slide 1: Investor presentation on Earaheedy Zinc Project
2nd June 2021 Zenith Minerals is pleased to provide an investor presentation on the Earaheedy Zinc For personal use only Project following the announcement today of Extensive Positive Results Reported for the Earaheedy Zinc Discovery. In addition the Company is scheduling a conference call and prese
Slide 2: Investor Presentation: Earaheedy Zinc Discovery
INVESTOR For personal use only P R E S E N TAT I O N 2 June 2021 Earaheedy Zinc Discovery Earaheedy Zinc-Lead Mineralisation – Drill Chips
Slide 3: Corporate Structure
Corporate Structure Share Price Capital Structure ASX:ZNC For personal use only Source: CommSec.com.au Share Price (1 Jun21) $0.255 Shares on Issue - ZNC fully paid ordinary 294.4m Market Capitalisation (1 Jun May 21) $75m Cash (31 Dec 20) $3.1m Listed Equities 3m RTR Shares (25 May21) $1.6m Contact
Slide 4: Earaheedy Zinc Project overview and discovery
Earaheedy Zinc • Granted E69/3464 ZNC 25% / Rumble For personal use only Resources Ltd (ASX:RTR) 75% • Granted E69/3414 & E69/2733 & R69/2 - ZNC 100% • Application E69/3821 – ZNC 100% • Major Zn-Pb-Ag Discovery Announced 19th April 2021 intersecting 34m @ 4.22% Zn+Pb from 66m depth incl 15m @ 6.97%
Slide 5: Cross Section AA
Earaheedy Zinc – Section AA For personal use only • Section over 600m wide and up to 34m vertical (true thickness) – Open • Inferred multiple higher-grade Zn-Pb-Ag extension feeder faults (Sedex Variant Style) • Extension feeder faults strike N/NW and mineralisation dips shallow to N/NE Results refe
Slide 6: Chinook Prospect mineralisation
Earaheedy Zinc For personal use only • Zn-Pb mineralisation (3:1 average) flat lying, confirmed over 2km x 1.2 km grid, up to 34m true width – all holes mineralised & open • Interpretation based on geological and airborne magnetics is Zn-Pb-Ag grades increase significantly near extension NW feeder f
Slide 7: Chinook Prospect
Earaheedy Zinc - Chinook Prospect For personal use only • Each inferred north/north west extension feeder fault has the potential to develop higher-grade Zn-Pb-Ag Zones over the length of the planes - Chinook has a multitude of extension faults over km’s of strike • Mineralisation dips shallow to no
Slide 8: Geological Model – Tier 1 Sedex Variant Type
Earaheedy Zinc – Geological Model – T i e r 1 S e d e x Va r i a n t T y p e For personal use only • The feeders run sub parallel to the Lockeridge Fault • Amenable Host Rocks • Underlying Source • Open down dip & along strike Results refer to RTR ASX Release 19-Apr-21, 28-Apr-21, 25-May-21 , 2 Jun
Slide 9: Geological Model – Tier 1 Sedex Variant Type
Earaheedy Zinc – Geological Model – T i e r 1 S e d e x Va r i a n t T y p e For personal use only • Sedex deposits accounts for 25% of Zn-Pb production and 50% of Zn & Pb reserves globally1 • Sedex deposits form Giant and Super Giant Tier 1 Deposits3 • 6 of the 10 largest active zinc mines are Sede
Slide 10: Earaheedy JV with Rumble Resources
Earaheedy Zinc JV For personal use only • Zenith 25% free carry to end Bankable Feasibility Study • Both parties have pre-emptive right • Rumble Resources Limited (ASX:RTR) exploration program underpinned by a recent $40M capital raise (28-Apr-21) • Major 30,000 Metre Drill Program Commenced ➢ 1 Dia
Slide 11: Our Projects and the Lifecycle
Our Projects and the Lifecycle Risks Fluctuating commodity prices Funding risk Technical risk For personal use only HIGH Exploration risk VALUE $ Discovery Speculation Operating Mine Institutional / Strategic Junior Exploration Orphan Period Investment LOW VALUE Earaheedy 25% Zn & Pb Life Cycle Red
Slide 12: Newsflow - we are busy!
Newsflow- we are busy! For personal use only Drill & Met into Earaheedy Zinc JV (ZNC 25% free carried to BFS) rest of 2021 • Objective – define ultimate size & scale 2021/22 Red Mountain Gold Project – Queensland (100%) Drill & Geophysics • Objective – define a gold resource 2021 ongoing 2021 Split
Slide 13: Zenith in a nutshell
Zenith in a nutshell For personal use only 1. We have a very clear Strategy – right commodities, right time, 2. We continue to generate very good results in the precious & base metals space 3. We are very focused on value generation by adding to our current metal inventory 4. Activity levels will re
Slide 14: Disclaimer & JORC Statements
Disclaimer & JORC Statements Forward looking statements Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties that could cause actual results to differ from estimated results. Forward-looking statements include e
Slide 15: www.zenithminerals.com.au
For personal use only www.zenithminerals.com.au 14
Slide 16: Why Zenith?
Why Zenith? For personal use only 1. Our Strategy - very focused - precious and base metals 2. Strategy is to target “material - large scale” deposits capable of making a significant value impact to the Company 3. Very active on 2 Gold & 1 Copper Project in Australia – drilling all 3 projects this q
Slide 17: Core Gold Projects
CORE GOLD PROJECTS 1. Red Mountain Gold Project – Queensland (100% For personal use only owned) • High-grade near surface gold & silver in Zenith’s maiden drill campaign 1 - drilling continuing • 13m @ 8.0 g/t Au incl 6m @ 16.7 g/t Au from surface • 15m @ 3.5 g/t Au, 2m @ 8.0 g/t Au & 109.4 g/t Ag 2
Slide 18: Base Metal Projects
B A S E M E TA L For personal use only PROJECTS Develin Creek Copper-Zinc Project (100% owned) - Queensland • Maiden drill test of the new Snook copper target located 30km south of Zenith’s JORC resources discovers massive copper-zinc sulphides3 • District scale VMS play Earaheedy Zinc Lead (25% own