Yari Minerals Limited · ASX:YAR
Yari Minerals — Investor Presentation (September 2018)
23 slides from Yari Minerals's investor presentation, Sep 11, 2018
Slide 1: Plomosas Zinc Production Investor Presentation
PLOMOSAS ZINC PRODUCTION INVESTOR PRESENTATION September 2018
Slide 2: Important Information
Important Information DISCLAIMER The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe s
Slide 3: Directors and Management
Directors and Management Led by a team of highly successful experience mining professionals COMPANY CHAIRMAN CHIEF EXECUTIVE EXECUTIVE NON EXECUTIVE EXPLORATION SECRETARY/ OFFICER DIRECTOR DIRECTOR DIRECTOR MANAGER Mr Stephen Copulos Mr Brad Marwood Mr Andrew Richards Ms Angela Pankhurst Mr Andrew B
Slide 4: Plomosas
PLOMOSAS Let’s go mining high-grade zinc, lead and silver
Slide 5: Plomosas Mine
Plomosas Mine ❖ Located in Chihuahua, Mexico – a world-class mining province ❖ Combined zinc and lead grades - ranked higher than most deposits worldwide ❖ Historic mine – excellent underground infrastructure to only 320m ❖ Mineralisation open at depth and along strike ❖ Mined for 30 years after WW2
Slide 6: Plomosas Mine Layout
Plomosas Mine Layout consolidatedzinc.com.au | 6
Slide 7: The Mine
The Mine ❖ Mining and processing commenced in September 2018. First ore trucked to concentrator in September ❖ SERVIMIN has provided underground services for the past two years, knows the mine well, experienced contractor ❖ Local geotechnical, ventilation and mine services available ❖ Current mining
Slide 8: The Plant
The Plant ❖ Santa Eulalia concentrator operating at 1,500,000tpa feed capacity but has operated close to 1,000,000tpa during the past year. Spare toll treatment capacity is up to 500,000tpa ❖ Plomosas feed rate is up to 120,000tpa approximately 1/3 of available capacity ❖ The Santa Eulalia concentra
Slide 9: Mine Exploration Potential
Mine Exploration Potential Mine and regional program returning exciting results; Expanding defined resources to support mining decisions
Slide 10: Plomosas Exploration
Plomosas Exploration ❖ Definition drilling Tres Amigos above Level 7 ❖ Extension drilling Tres Amigos along strike & down dip ❖ Resource update Q2 2019 ❖ Extension drilling of Tres Amigos and Orebody 32 below Level 7 ❖ Exploration teams to complete mapping all declines shafts, adits and points of ac
Slide 11: Mineralised Mine Sequence
Mineralised Mine Sequence consolidatedzinc.com.au | 11
Slide 12: Resource Development
Resource Development Resource Near term Definition ❖ Tres Amigos parallel zone and down dip repeat ❖ Use of ore strike drives to trace mineralisation to Carola South from Tres Amigos Central Zone ❖ Orebody 32 (Main Lode) extension below Level 7 ❖ With access from strike drives Level 8,9 and10 – dril
Slide 13: Regional Exploration
Regional Exploration Outcropping prospects identified by CZL Alfonsitos Prospect – First of several ❖ 2.5km along trend from Plomosas ❖ First pass rock chip sampling found grades up to 24.34% Zn+Pb ❖ Same geological setting as Plomosas Additional drill targets to be identified in 2018 …[these result
Slide 14: Resource Focus Longer View
Resource Focus Longer View Identified Targets with high prospectivity ❖ Underground access for 4km along strike, focus to date on 600m along strike and +400m down dip of (4000m along strike and 900m down dip) ❖ Level 7: Orebody 32 extension ❖ Chimney pipes between OB32 and Tres Amigos ❖ Carola: Grad
Slide 15: Underexplored Mine Area
Underexplored Mine Area First 5 priority target areas identified within mine area: 1. Juarez: Existing mineralisation in drives – Not Drilled 2. Mina Vieja: Probable extension of Tres Amigos 3. Tres Amigos North: Grades up to 33.2% Zn+Pb 4. Las Espadas West: Untested and grades up to 50.2% Zn+Pb 5.
Slide 16: Production
Production September 2018 to February 2019: 3,000 tpm to 7,000 tpm March 2019 to May 2019: 7,000 tpm to 10,000 tpm June 2019 onwards: 10,000 tpm
Slide 17: Stage 1 Production Commences
Stage 1 Production Commences ❖ September start at 3,000tpm - development ❖ November 5,000tpm, development 300m of the bypass decline to increase production ✓ ✓ ❖ Level 5 ore strike drive development ❖ December 6,000tpm, development 300m ✓ ✓ ❖ Internal decline development above level 5 ❖ January 2019
Slide 18: Stage 2 Shaft Refit and Production Expansion
Stage 2 Shaft Refit and Production Expansion March 2019 – May March 2019 April 2019 May 2019 May shaft June 2019 2019 7,000tpm, 7,000tpm, 7,000tpm, commissione 10,000tpm 300m 300m 300m d hoisting up development Cuevitas Shaft refit development development development to 500tpd continues consolidated
Slide 19: Mine Ownership
Mine Ownership (F) cONSOLIDATEDZINC LTD ad»
Slide 20: Plomosas Project: History
Plomosas Project: History ❖ 2.5Mt @ 24% Zn+Pb mined at Plomosas ❖ Mined 1945-1974 then intermittently – see timeline below ❖ CZL rehabilitated, dewatered for access to Level 7, mining planning completed and operations commenced Operated by Grupo Mexico Martinez family (100%) CZL acquired 51% CZL Est
Slide 21: Minera Latin American Zinc (MLAZ)
Minera Latin American Zinc (MLAZ) Current Ownership December 2018 Ownership Target Ownership ❖ CZL 51% ❖ CZL 90% ❖ CZL 100% ❖ Retec 49% ❖ Retec 10% HOW CZL INCREASES OWNERSHIP ❖ Shareholder Agreement provides CZL the right to acquire 39% of Minority interest for A$750K plus A$1.7m in shares ❖ Retec
Slide 22: Appendices
Appendices JORC Resource (F) cONSOLIDATEDZINC LTD
Slide 23: JORC Resource
JORC Resource Plomosas Project April 2018 Mineral Resource Estimate (3% Zn Cut-off) Indicated Mineral Resource Prospect Tonnage Zn Pb Ag Zn Pb Ag t % % g/t t t Oz Level 7 107,000 18.5 8.6 55.1 19,900 9,300 190,300 Tres Amigos 97,000 12.5 1.8 15.9 12,000 1,800 49,400 Tres Amigos North 38,000 8.4 4.0
Yari Minerals — Investor Presentation (September 2018) on 6ix