Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — Shareholder Meeting (November 2015)
24 slides from Zenith Minerals's shareholder meeting presentation, Nov 23, 2015
Slide 1: AGM Presentation
Zenith Minerals Limited ABN 96 119 397 938 For personal use only 23rd November 2015 AGM Presentation Oct 2015 field work led to two new Earaheedy manganese discoveries
Slide 2: 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 3: Corporate Structure
Corporate Structure For personal use only Capital Structure Share Price (as at 20th Nov 2015) $0.045 Shares on Issue 128.6m Market Capitalisation $5.8m Unlisted Options ($0.13-$0.29 Exercise price) 1.2m Cash (Sept 2015) $0.49m* *Doesn’t include anticipated $0.18m R&D refund Major Shareholders HSBC C
Slide 4: Experienced Management Team
Experienced Management Team For personal use only Mike Joyce – Non-Executive Chairman Geologist, substantial prior experience at Aberfoyle Resources Ltd (1980-98) then MD at Giralia Resources NL (1998-2011 - $828m takeover). Chairman of Gascoyne Resources Ltd. Mick Clifford - Managing Director Geolo
Slide 5: Clear Strategy for Growth
Clear Strategy for Growth For personal use only Zenith has a clear strategy for adding value for shareholders. 1. Acquire counter-cyclical projects near bottom of market; 2. Undertake low cost smart exploration to add real value to projects; 3. Monetise through development, joint venture, spin out o
Slide 6: Zenith's Projects
For personal use only Zenith’s Projects
Slide 7: Achievements 2015
Achievements 2015 Develin Creek – Copper-Zinc-Gold-Silver • Discovered extensions to massive copper-zinc sulphide bodies at Sulphide City For personal use only • Mineral Resource update (added 50% more tonnes, similar grade) • New drilling indicates potential under-call of historic percussion drilli
Slide 8: Develin Creek
Develin Creek Ownership: 51-100% Location: Queensland Commodity: Cu-Zn-Ag-Au Stage: Resource For personal use only • Cyprus/Beshi style basalt hosted volcanogenic massive sulphide deposits • Massive sulphide deposits at Sulphide City and Scorpion • Footwall stringer copper zone at Window • >50km of
Slide 9: Exploration Tools
Exploration Tools For personal use only Soils VHMS deposits normally occur in clusters Airborne EM • Geology – including understanding host sequences, deposit morphology • Geophysics – IP, EM & spectral - ASD • Geochemistry – surface geochem, gossan signatures, multi-element geochem & lithogeoch
Slide 10: Deposits in Clusters
For personal use only Deposits in Clusters
Slide 11: Sulphide City - Plan
Sulphide City - Plan Sulphide City Inferred Mineral Resource : 2.57Mt @ 1.76% copper, 2.01% zinc, 0.24g/t gold For personal use only and 9.6g/t silver (Feb 2015). Scorpion Zenith RC drilling indicates potential significant upgrade in copper, zinc, gold and silver grades (3 to 7 times) compared with
Slide 12: Sulphide City - Cross Section
Sulphide City - Cross Section For personal use only
Slide 13: Scorpion & Window - Cross Section
Scorpion & Window - Cross Section For personal use only
Slide 14: Research on Sulphide City - Apply to Region
Research on Sulphide City - Apply to Region For personal use only • Soil Anomalies (Zn & Cu + Pb, As, Au) • Gossans (Filters - Cu, Pb, Zn, As, Bi, Au) • Geology – (Lithogeochem) sea floor and time breaks = pepperites, sediments & Mn • Alteration Halos (Increase target footprint) •Spectral (e.g. Chl
Slide 15: Regional Screening
For personal use only Regional Screening
Slide 16: Huntsman Prospect
Huntsman Prospect For personal use only Huntsman Copper Huntsman Gossan Sample Huntsman Prospect Limited Outcrop in soils 1.1% Copper Trenching Completed - Assays Awaited
Slide 17: Kavaklitepe
Kavaklitepe Ownership: Earning 70% Location: Turkey Commodity: Gold Stage: Drill Target For personal use only Discovered in 2013 Coincident IP and rock/soil anomaly New JV Partner – Teck Awaiting drill permits from Turkish Govt No drilling. ZNC planning first holes Turkey - Ranked 8 Highly endowed E
Slide 18: Kavaklitepe
Kavaklitepe Ownership: Earning 70% Location: Turkey Commodity: Gold Stage: Drill Target For personal use only Location of rock samples – Kuzey Zone (SW) View Looking NE Anomalous gold in soils and coincident IP chargeability anomaly * Samples behind trees
Slide 19: Kavaklitepe
Kavaklitepe Ownership: Earning 70% Location: Turkey Commodity: Gold Stage: Drill Target For personal use only Kuzey Zone 54m @ 3.33g/t Au incl Rock samples 7.39g/t, 5.03g/t 21.5m @ 7.2g/t Au (continuous rock chip) Discovery Zone camera location 400m strike length (previous slide) 21m @ 2.67g/t Au (c
Slide 20: Mt Minnie
Mt Minnie Ownership: 100% Location: WA Commodity: Gold Stage: Reconnaissance For personal use only New geological model prospective for reduced intrusion related gold deposits Mid-Proterozoic granite host High-grade rock samples include: 21.5, 17.7 and 11.5 g/t gold New gold in soil anomaly in predo
Slide 21: Earaheedy
Earaheedy Ownership: 100% Location: WA Commodity: Manganese Stage: Resources For personal use only Zenith completed first drilling for Mn in Earaheedy • Shallow dipping oxide; and • Carbonate (Kalahari Basin style) mineralisation Manganese both structurally controlled and stratiform. Inferred Minera
Slide 22: Mt Alexander Magnetite
Mt Alexander Magnetite Ownership: 100% Location: WA Commodity: Iron Ore Stage: Resources For personal use only Well located close to – sealed roads, gas pipelines, only 120km from coast near Onslow (Mitsui, Chevron ports) Base case in 2011 Scoping study - slurry pipeline, tranship by barge to vessel
Slide 23: Investment Summary
Investment Summary Massive copper-zinc sulphides For personal use only Trenching completed at Huntsman – assays awaited 2000 soils – assays expected this quarter Geophysics – EM modelling in progress Drilling planned – 2nd qtr 2015 Develin Creek (copper) High-grade gold Rock chips and soils Trenchin
Slide 24: Contact Details
Contact Details For more information: Media and Broker Enquiries: For personal use only Mick Clifford Andrew Rowell Managing Director Cannings Purple E: mick@zenithminerals.com.au E: arowell@canningspurple.com.au Registered office: Postal address: Level 2, 33 Ord St PO Box 1426 West Perth West Perth
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