Slide 1: Corporate Presentation ASX Announcement
ASX ANNOUNCEMENT ASX:RMX 16 JANUARY 2014 CORPORATE PRESENTATION For personal use only Perth based Red Mountain Mining is pleased to provide the latest corporate presentation for the Company with planned drilling of high grade targets at Lobo and details of the recently announced proposed capital rai
Slide 2: Exploring high-grade gold targets with a pathway to production
For personal use only January 2014 Exploring high-grade gold targets with a pathway to production
Slide 3: Disclaimer and Forward Looking Statements and Qualified Person Statement
Disclaimer and Forward Looking Statements and Qualified Person Statement For personal use only 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, publish
Slide 4: Highlights: Batangas Gold Project
Highlights: Batangas Gold Project For personal use only • Flagship Batangas Gold Project, ideal location 120km south of Manila in the Philippines, with established Mineral Resources on granted MPSA’s (Philippines equivalent of Mining Leases) • Exceptional High-grade surface gold results ready for dr
Slide 5: RMX Company Overview
RMX Company Overview For personal use only Red Mountain Mining Ltd ASX: RMX Listed Shares 481,442,015 Listed Options RMXO 1.5c 140,678,999 Listed Options RMXOA 3c 97,839,477 Share Price Unlisted Options ($0.20) 42,728,125 Top 20 shareholders 49% Share price 2.2 cps (10th January 2014) Market Capital
Slide 6: Experienced Board and Executive Team
Experienced Board and Executive Team For personal use only • Board of Directors Neil Warburton: Chairman – Mining Engineer, former CEO of Barminco, 35yrs experience Barminco became the largest underground contractor in Australia under Neil Jon Dugdale: Managing Director – Geologist, discovery backgr
Slide 7: The Philippines: A Golden Opportunity
The Philippines: A Golden Opportunity For personal use only • US based system of Democratic government Far South East (Gold Fields) • IMF growth projections 7% next 5 years Didipio (Oceana) • Stable mining law and regulations. - New mining policy Executive Order 79 (2012) Batangas demonstrates commi
Slide 8: Batangas Gold Project: Mineral Resources
Batangas Gold Project: Mineral Resources • 270km² land package covers entire epithermal gold field Luzon • Two key gold resource projects: - Lobo high-grade gold lodes eg Medusa – Co-o For personal use only Manila - Archangel – bulk tonnage gold eg Masbate • Drilling to test high-grade Exploration T
Slide 9: Batangas Gold Resources @ 0.85 g/t Au cut off (JORC)
Batangas Gold Resources @ 0.85 g/t Au cut off (JORC) For personal use only Resource Deposit Tonnes Au g/t Au Oz Ag g/t Ag Oz Category Inferred 3,004,000 2.0 197,000 1.3 124,000 Archangel Indicated 2,582,000 2.0 166,000 5.7 471,000 *Total 5,586,000 2.0 363,000 3.3 595,000 Inferred 16,000 5.3 3,000 1.
Slide 10: Lobo: Five Parallel Epithermal Gold Structures
Lobo: Five Parallel Epithermal Gold Structures BATANGAS • Five parallel high-grade lode structures LOBO MPSA Manila, PROJECTS 120km • 15km strike, of which only 0.5km drilled • Five identified high-grade veins/shoots For personal use only N • Exploration Targets to upgrade resource LOBO Map Area MAP
Slide 11: Lobo SWB - Japanese Tunnel Compilation Map
Lobo SWB - Japanese Tunnel Compilation Map 310,200E 310,400E 310,600E Taysan Porphyry BATANGAS Cu-Au Deposit PROJECTS South West Breccia Indicated and Inferred Resource: 194,000t @ 7.2 g/t Au For personal use only Japanese Tunnel Drilling: LOBO 3.7 m @ 8.6 g/t Au inc. 0.55m @ 16.8 g/t Au Map Area 1,
Slide 12: Lobo SWB - Japanese Tunnel Longitudinal
Lobo SWB - Japanese Tunnel Longitudinal BATANGAS 10000N 10200N 9600N 9800N PROJECTS For personal use only B 500m B’ LOBO Map TRENCH 13: 2.6m @ 28.6 g/t Au TRENCH 7: SOUTHWEST BRECCIA inc. 1.5m @ 45.9 g/t Au SW: 2m @ 31.1 g/t Au inc. 1.0m @ 60.2 g/t Au Indicated and Inferred 3.0m @ 6.16 g/t Au NE: 3m
Slide 13: Lobo, Southwest Breccia High-grade Lode
Lobo, Southwest Breccia High-grade Lode SOUTHWEST BRECCIA CROSS SECTION 10172N BATANGAS Trench: 9.5m @ 13.5 g/t Au PROJECTS For personal use only 9,950E 10,000E Manila, 13.3m @8.30 g/t Au LB65-11 120km 180m ASL 8.0m @ 8.82 g/t Au inc. 3.0m @ 15.4 g/t Au 11.90m LB62-11 7.75m @ 4.67 g/t Au 160 LB61-11
Slide 14: Batangas Gold, Lobo, Exploration Targets
Batangas Gold, Lobo, Exploration Targets For personal use only Deposit Tonnes Au g/t Au Oz SWB – TR 7, TR 13 160,000 240,000 8.2 12.3 42,000 95,000 SW Breccia “Deeps” 80,000 120,000 5.8 8.6 15,000 33,000 Total 240,000 360,000 7.4 11.1 57,000 128,000 • The Pica Exploration Target is under review • We
Slide 15: Lobo Project: SWB-Jap Tunnel Trench Cross Section
LOBO PROJECT: SWB-JAP TUNNEL TRENCH 7 CROSS SECTION Taysan Porphyry BATANGAS 310325E Cu-Au Deposit PROJECTS For personal use only 125m ASL LOBO Map Area MAP KEY Trench 7(B) LITHOLOGY 1.8m @ 55.9 g/t Au including 0.9m @ 110.9 g/t Au Trench 7(A) v v Andesite 1m @ 10.7 g/t Au ? Vein breccia ALTERATION
Slide 16: Lobo Project: SWB-Jap Tunnel Trench Section
LOBO PROJECT: SWB-JAP TUNNEL TRENCH 13 SECTION Taysan Porphyry BATANGAS Cu-Au Deposit PROJECTS 130m ASL For personal use only LOBO Map Area Trench 13: SW: 2.6m @ 28.6 g/t Au inc. 1.5m @ 45.9 g/t Au MAP KEY 125 NE: 3.0m @ 6.16 g/t Au inc. 0.5m @ 14.5 g/t Au LITHOLOGY T T Tuff Proposed drilling v v v
Slide 17: Offer Framework
Offer Framework For personal use only Placement of 60,000,000 shares at an issue price of 1.7¢ to raise up to $1.02m. Share Purchase Plan to be made available to shareholders to subscribe for up to $15,000 per shareholder capped at $700,000 and to be underwritten to $250,000. Maximum total intended
Slide 18: Use of Funds 2014
Use of Funds 2014: For personal use only Targets Results to date SWB – Trench 7 Trenching, 2m @ 31.1 g/t Au, 3m @ 22.2 g/t Au SWB - Trench 13 Trenching, 2.6m @ 28.6 g/t Au, 3m @ 6.16 g/t Au Drilling Phase 1 24 holes 1,000m $0.30m Drilling Phase 2 36 holes 2,000m $0.60m Development Studies (Scoping t
Slide 19: Red Mountain Mining (RMX) Contact Details
Red Mountain Mining (RMX) Contact Details For personal use only Jon Dugdale, Managing Director Red Mountain Mining E: jon.dugdale@redmm.com.au Head Office M: +61-402 298 026 Unit 1, 2 Richardson Street West Perth WA 6005 Investor, Media relations, Matt Birney E: matt@birneycorporate.com.au P: +61-8