Vital Metals Ltd · ASX:VML
Vital Metals — Investor Presentation (March 2017)
23 slides from Vital Metals's investor presentation, March 2017
Slide 1: Hunting for Elephants… Investor Presentation
Hunting for Elephants… For personal use only Investor Presentation March 2017 ASX:VML
Slide 2: Disclaimer / Competent Person's Statement
Disclaimer Competent Person’s Statement The information that refers to Mineral Resources in this presentation was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the For personal use only information has not mat
Slide 3: Corporate Overview
Corporate Overview Top 10 Shareholders Capital Structure (ASX:VML) For personal use only Share price (10 Mar 2017) A$0.016 per share Shares on issue 595.7 million Market capitalisation A$9.5 million Options on Issue 91.9 million Cash* A$1.0 million Debt A$3 million Enterprise value A$11.5 million 1
Slide 4: Burkina Faso - Fastest Growing Gold Producer
Burkina Faso - Fastest Growing Gold Producer 4th largest gold producer in Africa For personal use only 7 gold mines commissioned since 2007 Exceptional geological potential - still underexplored Mining friendly Government New mines declaring commercial production in 2016 Karma (Endeavour M
Slide 5: Permits are in a Multi Million Ounce Belt
Permits are in a Multi Million Ounce Belt Located in the fertile Markoye Fault Corridor For personal use only Along strike from a number of +1Moz deposits Three 100% owned exploration permits of Birimian Greenstone District scale consolidation potential - permits within 35km of operating gol
Slide 6: Early Exploration has Indicated Moz Potential
Early Exploration has Indicated Moz Potential Extensive favourable sites for gold For personal use only mineralisation – multiple targets of substance Kollo is most advanced - many gaps along trend that require drill testing Over 40km of potential mineralised structures identified with most un
Slide 7: Pipeline of Targets to build Resources
Pipeline of Targets to build Resources For personal use only Resource Drilling Kollo Hill, South, Central, North Advanced Targets Boungou South, ADB, Tankase Follow Up Targets Tankase, Boungou, EBS, Tangassogo Identified Targets Cassava, Lambourou, Guenon www.vitalmetals.com.au
Slide 8: Kollo: Potential to be a significant gold project
Kollo: Potential to be a significant gold project Drilling to date has For personal use only been focused on Kollo Still largely untested with many gaps that require drill testing www.vitalmetals.com.au
Slide 9: Kollo: Potential to be a significant gold project
Kollo: Potential to be a significant gold project Drilling has returned high grades: For personal use only 5m @ 60 g/t Au from 75m 3m at 56 g/t Au from 134m 15m @ 7.8 g/t Au from 105m Mineralisation remains open at depth and along strike Large gaps in drill coverage: eg Kollo Hill – neve
Slide 10: Kollo - Sub Vertical Mineralisation
Kollo - Sub Vertical Mineralisation For personal use only Includes: Results reported previously 20/1/2017, 17/12/2013 and 18/04/2016 - The Company confirms that it is not aware of any new information or data that materially affects the information included in the previous announcements. Also include
Slide 11: Kollo Hill - High Priority Drill Target
Kollo Hill - High Priority Drill Target Sitting in the middle of a For personal use only mineralised shear zone Over 1km between drill collars to the east and 1km Kollo Hill west Track mounted rig sourced to drill test Includes: Results reported previously 17/12/2013 and 18/04/2016 - The Compa
Slide 12: Boungou South – Drill Ready
Boungou South – Drill Ready Located 6km to the south east of Kollo For personal use only Project Encouraging first pass RC (400m spacing) drill results include: 5m @ 5.59 g/t Au from 31m 5km 4m @ 4.93 g/t Au from 65m 12m @ 2.2 g/t (Trench) Drilling planned to follow up Auger program to
Slide 13: ADB – Drilling Target
ADB – Drilling Target Located 20km to the north east of For personal use only Kollo Project Tenor and extent of gold anomalism makes ADB a regional drilling target 1km Peak auger samples of 5 g/t Au and 2 g/t Au ADB mineralised trend now extends for over 1km Results reported 27/2/2017. The C
Slide 14: Tankase & Tangassogo – Set to Grow
Tankase & Tangassogo – Set to Grow Tankase located 2km south from For personal use only Kollo along major mineralised shear Planned to follow up encouraging RC drill results at Tankase: 2km • 4m @ 7.29 g/t Au from 20m • 2m @ 6.16 g/t Au from 8m • 12m @ 2.2 g/t (Trench) 6km Infill auger program
Slide 15: Peer Comparison
Peer Comparison For personal use only www.vitalmetals.com.au
Slide 16: Work Program
Work Program 12,500m RC drill program planned before For personal use only wet season Kollo South and Hill Boungou South ADB Tankase Auger and soil geochem to prove up new targets for drilling Strong news flow www.vitalmetals.com.au
Slide 17: Appendix
Appendix Burkina Faso For personal use only VMS Zinc Queensland Development ready - Watershed Tungsten Project Elephant Creek Gold Peninsula Copper www.vitalmetals.com.au
Slide 18: Burkina Faso: Zinc
Burkina Faso: Zinc Highly prospective for VMS style For personal use only mineral deposits. Drill-ready targets with historic ore grade drill intercepts of: • 14.2m @ 3.1% Zn from 44m • 6.0m @ 2.6% Zn from 30m • 10.0m @ 2.7% Zn from 59m including 2.0m @ 8.3% Zn Follow up drilling and greenfiel
Slide 19: Queensland: Watershed - Shovel Ready
Queensland: Watershed - Shovel Ready Project Summary Key Value Drivers Location Positive DFS Vital Metals acquired the Watershed Project in 2005 DFS has confirmed a 2.5Mtpa operation will deliver high-quality tungsten concentrate over an initial mine life of ~10 For personal use only Watershed
Slide 20: Queensland: Elephant Creek
Queensland: Elephant Creek Located in Far North Queensland For personal use only Previous focus on Watershed tungsten 2016 exploration identified outstanding epithermal gold potential with numerous targets Parallels to gold mineralisation in Hodgkinson Basin region which had the 1873 Palmer
Slide 21: Elephant Creek: Emerging Gold system
Elephant Creek: Emerging Gold system Elephant Creek has +10 veins For personal use only identified to date 2016 RC drilling on Ivory: • 4m @ 26.39 g/t Au from 17m • 6m @ 2.23 g/t Au from 18m • 8m @ 3.37 g/t Au from 42m • 14m @ 2.56 g/t Au from 28m • 9m @ 1.48 g/t Au from 5m • 6m @ 1.46 g/t Au fr
Slide 22: Elephant Creek: Shallow Gold Mineralisation
Elephant Creek: Shallow Gold Mineralisation Ivory tend remains open along strike For personal use only and depth All drilling to date is relatively shallow with deepest hole to date of 80m Ivory & 9 other structures to be tested Drilling planned post Qld wet season Results reported 3/11/2016
Slide 23: Queensland: Copper Potential
Queensland: Copper Potential ~150m of copper-gold rich gossan on For personal use only surface c.10km south of Elephant Creek May represent sulphide mineralisation at depth Coincident with a magnetic/gravity anomaly First pass reconnaissance drilling intercepted anomalous copper and gold M