Delta Lithium Limited · ASX:DLI
Delta Lithium — Investor Presentation (November 2020)
18 slides from Delta Lithium's investor presentation, Nov 18, 2020
Slide 1: Eureka & Warriedar Gold Projects
EUREKA & WARRIEDAR GOLD PROJECTS I N V E S T O R P R E S E N TAT I O N | N O V E M B E R 2 0 2 0 | A S X : T I N
Slide 2: Disclaimer
DISCLAIMER This presentation does not constitute an offer that is capable of acceptance nor is it a disclosure document under the Corporations Act. This presentation is intended for recipients collectively and does not take into account the investment objectives, financial situations and particular
Slide 3: An Outstanding Investment Opportunity
AN OUTSTANDING INVESTMENT OPPORTUNITY Company-making potential in underexplored gold projects, Eureka and Warriedar, in well- known WA mining districts Both projects feature historic high-grade production close to infrastructure including operating gold mills Opportunity for rapid delineation of sig
Slide 4: Corporate Structure Post Warriedar Acquisition
CORPORATE STRUCTURE POST WARRIEDAR ACQUISITION HIGHLY EXPERIENCED BOARD AND MANAGEMENT* POST DEAL METRICS* TIN ALEX HEWLETT • Qualified geologist highly skilled at project identification and CURRENT SHARE PRICE 30.5c NON-EXECUTIVE acquisition and was previously Chairman of Spectrum Metals CHAIRMAN L
Slide 5: Warriedar Acquisition and Change of Focus to WA Gold
WARRIEDAR ACQUISITION AND CHANGE OF FOCUS TO WA GOLD Proposed acquisition of Warriedar Mining Pty Ltd as announced on 23 October 2020 for total consideration of ~$6M 2 gold project packages located in WA on granted mining leases Brownfields exploration Existing resources and high-grade historical pr
Slide 6: Eureka Mine
EUREKA MINE Eureka Project comprises of 5 tenements including 4 mining leases and 1 exploration permit to the west of existing pit Ground position sits 50km North of Kalgoorlie - excellent access and supporting infrastructure Minimal exploration completed outside of known pit area Initial RC drillin
Slide 7: Previous Drilling Under Eureka Pit
PREVIOUS DRILLING UNDER EUREKA PIT TNT Mines | Investor Presentation 7 *Refer to ASX: TIN announcement 23 October 2020 “TNT Acquires Historic Western Australian Gold Project”
Slide 8: Eureka - Along Strike and Down Dip Potential Untested
EUREKA - ALONG STRIKE AND DOWN DIP POTENTIAL UNTESTED TNT Mines | Investor Presentation 8 *Refer to ASX: TIN announcement 23 October 2020 “TNT Acquires Historic Western Australian Gold Project”
Slide 9: Near Pit Exploration Targets
NEAR PIT EXPLORATION TARGETS Laterite resource target directly north of pit Limited drilling to depth along strike both north and south of mined resource at Eureka Splays off the main structure to the north coincide with lateritic gold and previously drilled high-grade intersections TNT to test key
Slide 10: Warriedar Project
WARRIEDAR PROJECT 45km2 tenements including granted Mining Leases Close to Perth and existing infrastructure Tenements feature historic mine workings that produced high-grade gold Includes Reids Ridge mine Walk-up drill targets Area to date is underexplored Warriedar Project Location Map TNT Mines |
Slide 11: Reids Ridge Mine & Commodore Target
REIDS RIDGE MINE & COMMODORE TARGET Large fault mappable over 3km in length Multiple Au occurrences along strike with Reids Ridge mine and Commodore prospect Relatively little exploration below existing workings High grade structure Au occurrences over Reids Ridge and Commodore Prospects TNT Mines |
Slide 12: Reids Ridge Mine
REIDS RIDGE MINE Initial drill targets down dip of current mine and open to south and north Drilling planned for Q1 2021 Initial 5000m program designed to step out from known high grade intercepts Untested structure at depth and north to Commodore TNT Mines | Investor Presentation 12
Slide 13: Large Land Position Multiple Targets to Test in 2021
LARGE LAND POSITION MULTIPLE TARGETS TO TEST IN 2021 Regional targets to be tested in 2021 including Mt Laws extension, Langs Find AC programs designed to test geochem anomalies across BIF horizons RC program to test southern strike extent of Golden Eagle Geochem anomalies over air mag survey highli
Slide 14: East Canyon Uranium-Vanadium Project
EAST CANYON URANIUM-VANADIUM PROJECT 231 contiguous claims covering ~18.7km2 within the extended Uravan Mineral Belt, south-eastern Utah Historic production from Uravan Belt area in excess of 85mlbs (>40,000t) of uranium and 660mlbs (>300,000t) of vanadium* Historical uranium production records from
Slide 15: Pelley Ridge Zinc Project
PELLEY RIDGE ZINC PROJECT Encompasses two contiguous leases that cover ~2,000ha in the Belt Purcell Basin, Montana Tier one jurisdiction with excellent infrastructure and no apparent environmental sensitivities Discussions to bring in a farm-in partner that would lead exploration activities Annual l
Slide 16: Why Invest in TNT Mines?
WHY INVEST IN TNT MINES? Modest enterprise value and tight structure = highly leveraged to exploration success Leadership team with track record of successful redevelopment of ex-production gold assets in WA Eureka and Warriedar present the opportunity to replicate Spectrum Metals success Initial dr
Slide 17: Additional Notes to Mineral Resource Estimation
ADDITIONAL NOTES TO MINERAL RESOURCE ESTIMATION The Mineral Resource as presented in Table 1 have been estimated on the basis of historical and recent drilling at the Project by Independent consulting resource geologist Richard Maddocks. Further details of the Mineral Resource estimation are provide
Slide 18: 1202 Hay Street West Perth WA 6005
1202 HAY STREET WEST PERTH WA 6005 PH: +61 8 6319 1900 E: frontdesk@tntmines.com.au
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