Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — Shareholder Meeting (November 2013)
17 slides from Zenith Minerals's shareholder meeting presentation, Nov 29, 2013
Slide 1: AGM Presentation cover letter to ASX
For personal use only 29 November 2013 Company Announcements Office Announcements Office 4th Floor, 20 Bond Street SYDNEY NSW 2000 Dear Sir / Madam Re: AGM PRESENTATION 29 NOVEMBER 2013 Please find attached a copy of the presentation to be given by the Company’s Chairman at the Annual General Meetin
Slide 2: Zenith Minerals Limited AGM Presentation
Zenith For personal use only Minerals Limited ABN 96 119 397 938 AGM Presentation 29th November 2013
Slide 3: Zenith Minerals Limited
Zenith Minerals Limited For personal use only Mt Alex Red Lake ASX code: ZNC Red Lake drilling resource drilling Mt Alex Issued shares: 95.03 million Resource upgrade Market Cap: ~A$13million Options: 0.3 million unlisted Cash Sept 13 : A$ 1.15million Offshore investor sell down Experienced Board: R
Slide 4: 2013 - A Year of Achievements at Major Projects
2013- A Year of Achievements at Major Projects For personal use only Major achievements at both of the Company’s key projects during 2013 IRON – Mt Alexander (ZNC 100%) • Magnetite iron close to the coast in West Pilbara • JORC Inferred Resource 535 Mt @ 30.0% Fe (May 2013) • Additional Exploration
Slide 5: Location Plan - local infrastructure options
Mount Alexander magnetite iron ore project For personal use only Location Plan- local infrastructure options •100% Zenith owned •Well located close to infrastructure – sealed roads, gas pipelines •Only 120km from coast near Onslow (Mitsui, Chevron ports) Base case in 2011 Scoping study - slurry pipe
Slide 6: Updated JORC Inferred Resource
Mount Alexander magnetite iron ore project For personal use only • JORC Inferred Resource; Updated JORC Inferred Resource 535Mt @ 30 % Fe is only ~ 50% of target iron formation (“BIF”) NEW TENEMENT area. ACQUISITION • Clear potential for an ultimate Image – TMI RTP aeromagnetics resource in excess o
Slide 7: Prominent range of iron formation
Mount Alexander magnetite iron ore project For personal use only Prominent range of iron formation +4 km long Up to 200 metres thick – high tonnes/ strike km. Low waste:ore ratio ~ 1:1 Good compact mining shape
Slide 8: Metallurgical testwork and concentrate quality
Mount Alexander magnetite iron ore project For personal use only 1. 2010 Initial testwork on drill core- Potential for excellent concentrate quality • diamond drill core samples January 2010, drilling grind optimisation testwork 1 2 4 4 5 2. 2011 and 2013 routine DTRs on RC chip samples • Promet sta
Slide 9: Scoping Study (released May 2011)
Mount Alexander magnetite iron ore project For personal use only Scoping Study (released to ASX 10 May 2011) (Pre-scoping review looked at 2.5mtpa, 5mpta, 8mtpa, 10mtpa and 12mtpa cases with a range of CAPEX estimates from $743M to $1866M). 8mtpa selected as base case •Concentrator at Mount Alexande
Slide 10: Pre-Feasibility elements
Mount Alexander magnetite iron ore project For personal use only Pre-Feasibility elements (completed and ongoing) •Level 1 and Level 2 Environmental Surveys completed by consultants Ecologia, no major environmental triggers have been identified at the site. •A potential water source identified by co
Slide 11: Earaheedy Manganese
Earaheedy Manganese For personal use only Zenith 100% Zenith first mover, recognised potential new manganese province in Earaheedy Basin in 2010. Strong tenement position; 75 strike kilometres of targets. Manganese appears both structurally controlled and stratiform. At Lockeridge discovery primary
Slide 12: Earaheedy Manganese drilling intersections
Earaheedy Manganese For personal use only Lockeridge 2010 drilling intersections; 12m @ 11.1% Mn from 28m 3m @ 18.0% Mn from 37m 3m @ 13.0% Mn from 14m Black and Blue 2011 drilling intersections; 31 m @ 7.9% Mn, includes 2m @ 17.1 %Mn, 1m @ 22% Mn and 3m @ 14.3 %Mn Red Lake 2012 - the first DSO grad
Slide 13: Red Lake drilling 2013
Earaheedy Manganese For personal use only Red Lake drilling 2013 and 2013
Slide 14: Red Lake maiden JORC resource (April 2013)
Earaheedy Earaheedy Manganese For personal use only Red Lake maiden JORC resource (April 2013) Red Lake Mn Mineral Resource estimate as at April 2013 Cut‐off Tonnes Al2O3 Classification Mn % Fe % Si % P% S% Grade (Mt) % 5% 1.6 15.7 21 23.1 9.8 0.25 0.11 Inferred Mn 10% 1.2 19.0 19.1 20.8 9.4 0.26 0.
Slide 15: Conclusions & Forward Program
Conclusions & Forward Program For personal use only Mt Alexander (ZNC 100%) • Large, well located magnetite iron deposit close to the coast in West Pilbara • +1 billion tonne potential with JORC Inferred Resource 535 Mt @ 30.0% Fe plus additional Exploration Target* 570 to 680 Mt @ 25-35% Fe • Conce
Slide 16: Disclaimer
Disclaimer For personal use only 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 inclu
Slide 17: Zenith Minerals Limited contact details
Zenith Minerals Limited For personal use only Registered office: Postal address: Level 3, 33 Ord St PO Box 1426 West Perth West Perth WA 6005 WA 6872 Telephone: +61 8 9226 1110 Fax: +61 8 9321 0070 Email: info@zenithminerals.com.au Website: www.zenithminerals.com.au Australian Securities ASX: ZNC Ex
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