Critica Limited · ASX:CRI
Critica — Venture Minerals — Investor Presentation (February 2008)
26 slides from Critica's investor presentation, February 2008
Slide 1: Venture Minerals Ltd (VMS) Mount Lindsay Project
Venture Minerals Ltd (VMS) Mount Lindsay Project February 2008
Slide 2: Mount Lindsay - compelling in 3 major ways
Mount Lindsay-“compelling in 3 major j ways” y Location - Production Precedent (Savage River & Renison Bell) Infrastructure (water, power, road, rail & port) Expected Low Capital Expenditure - Comparison p to other p projects j Advantage in current debt market Short lead time Exposur
Slide 3: Capital Structure
Capital Structure Listed on ASX: 22 Sep 2006 Shares on issue: 51.5 million (34 3 million (34.3 illi ttradeable) d bl ) Market Cap $15 5 million $15.5 Management Ownership: 33% Cu Current e Cas Cash in ba bank: A$2.4 $ million o Current Share Price: 30c
Slide 4: Directors/Management
Directors/Management Experienced management team in all areas of operations, with a focus on accelerated drill programs p g Mr Mel Ashton; Non-Executive Chairman Regional Councillor at the Institute of Chartered Accountants, a number of other Board Appointments including Chairman of Gryphon Minera
Slide 5: Recent Highlights
Recent Highlights New Iron Zone discovered at Stanley River- 31m @ 61.9%Fe Metallurgical results far exceed expectation expectation- 150 micron grind Excellent results from Venture’s first drill holes- 46m @ 43.4%Fe Three Drill rigs on site- completing 10,000 metres.
Slide 6: Location of Mount Lindsay (Renison West) Project
Location of Mount Lindsay ((Renison West)) Project j 1,000Km
Slide 7: Tenement Locations
Ocean EZ Power station O Mine © Prospect ——= Highways ———— Minor Road BB stars 0 10 [J Granite ———— Kilometres Siulay binjFields EL21/2005| ullah Roseb or
Slide 8: Savage River Mine
Savage River Mine
Slide 9: Magnetite Potential
Magnetite Potential Only 17 of the 81 historic holes have been assayed for Iron in the mineralised i li d Ti Tin zones. 15 of those drill intersections have an average width of 24m at a weighted average grade of 32%Fe. One drill intersection was selected for initial metallurgical testwork, res
Slide 10: Tenement Locations
Tenement Locations Power Station O Mine © Prospect —— Highways Minor Road =| Skarns ae | Granite EL33/2007
Slide 11: Drill Plan - No.2 Zone
Drill Plan -No.2 Zone ‘Granite © - . 7 ; 3 : 2SeS: fe 2 = = / OF MOUNT LINDSAY-*” i —= [ | { Drilling } —— Faults GE Targets Area —F | «a7s ML37 30.5m @ 40.5%Fe from 268.5m} - ML41 54.5m @ 34.8%Fe from 270.5m} fy
Slide 12: ML37 Drill Section
2250m RL ML37 Drill Section Hornfels, Sandstones and Mudstones. 30.2m @ 40.9%Fe & 0.09%Sn No2 Carbonate horizon. Host to skarn magnetite mineralisation.
Slide 13: 330m NW - New Drilling
330m NW-New Drilling 2m @ 41.3% Fe & 0.04%Sn from 35m 18m @ 35.2% Fe & 0.05%Sn from 45m Hornfels, % Sandstones and Mudstones. ry € (=) Ve} el ————~ 46m @ 43.4% Fe & | 2400m RL 0.04%Sn from 90m Skarn magnetite} mineralisation
Slide 14: Long Section - No.2 Zone
Long Section-No.2 Zone 150m 150m 1 50m 15
Slide 15: Drill Plan - No.2 Zone with the Main Zone
Drill Plan-No.2 Zone with the Main Zone
Slide 16: Mount Lindsay Project
Granite Drilling Faults Y/) ‘/, Target Area "#4 ML37 30.5m @ 40.5%Fe from 268.5m |
Slide 17: Regional Magnetics With Target Zones
Regional Magnetics With Target g Zones
Slide 18: Power
VENTURE
Slide 19: Road and Rail
Road and Rail VENTURE
Slide 20: Water
VENTURE
Slide 21: Port at Burnie
Port at Burnie VENTURE
Slide 22: Metallurgical Testwork - Second Stage Results
Metallurgical Testwork – Second Stageg Results Grind G i d Si Size 4 ti times coarser (150 micron) i ) than th mostt other th Magnetite M tit Projects = Cost Savings. Most other Magnetite Projects are BIF hosted deposits that require a grind of 40 micron or less to achieve saleable iron ore prod
Slide 23: Tin Potential
Tin Potential Located L t d 15 kkm NW and d along l strike t ik tto th the R Renison i B Bellll Mi Mine which hi h has produced more than 200,000t of Tin worth >$3.5 Billion today. Tin mining began at Mount Lindsay during the 1890s. Substantial tin mineralisation within historic drill results
Slide 24: Current Work Program
Current Work Program Venture V t has h contracted t t d three th D Drill ill Ri Rigs with ith an iinitial iti l campaign i off up tto 10,000 metres of Diamond Core to be completed by June 2008, with 3,000 metres already completed. Fugro Airborne Surveys Pty Ltd completed a detailed airborne magn
Slide 25: Going Forward
Going Forward Maiden Resource Statement Scoping Study Phase Two Drill Program Resource Update Industry I d t Comparisons- C i Magnetite Deposit Company Ownership Resource Tonnage* Wilcherry Hill Ironclad Mining 50Æ80% 44Mt Cairn Hill IMX Resources 100Æ90% 14.3Mt * Publically announced JORC
Slide 26: THE END
THE END For up to date information please click to our website www.ventureminerals.com.au
Venture Minerals — Investor Presentation (February 2008) on 6ix