Nt Minerals Limited · ASX:NTM
Nt Minerals — Investor Presentation (July 2019)
27 slides from Nt Minerals's investor presentation, Jul 3, 2019
Slide 1: Retraction
Retraction Redcliffe Gold Project – Growth Through Exploration Presentation Notice of retraction of Aggregation of Exploration Target and Mineral Resource NTM Gold Limited (ASX: NTM) wishes to retract the presentation with respect to the aggregation of the Exploration Target and Mineral Resource ref
Slide 2: Growth Through Exploration: The Redcliffe Gold Project
GROWTH THROUGH EXPLORATION The Redcliffe Gold Project Leonora, WA July 2019 NTM Gold Ltd ASX: NTM ntmgold.com.au
Slide 3: Disclaimer
Disclaimer The information in this document has been prepared as of June 2019. The document is for information purposes only and has been extracted entirely from documents prior materials publicly filed with the Australian Securities Exchange and/or the Australian Securities and Investments Commissi
Slide 4: Snapshot
Snapshot ◼ Exceptional Location – Leonora WA Strategic: 4 large gold operations nearby Prospective: Multiple +1Moz gold deposits ◼ Growth Focused Large tenement holding, includes +30km strike of MSZ 538koz1 resource with substantial upside & large areas untested Exploration Target of 1.38M
Slide 5: Corporate
Corporate Share Price Performance Board & Management $/share Vol. (m) Paul Price Chairman, Non-Executive Director 0.05 3.0 Andrew Muir Managing Director 0.04 2.5 Rodney Foster Non-Executive Director 2.0 Edward Van Heemst Non-Executive Director 0.03 Eduard Eshuys Non-Executive Director 1.5 0.02 1.0 0
Slide 6: Strategic Location
Strategic Location ◼ +300km2 of tenements ◼ 12Moz mined to date from the region ◼ 4 existing gold operations within trucking distance and potential 5th ◼ Optionality on how to monetize Redcliffe 6
Slide 7: Mertondale Shear
Mertondale Shear ◼ Almost 40km strike within Redcliffe ◼ Major gold rich fluid pathway ◼ Mineralisation associated with kinks, bends, offsets and intrusives, often along geological contacts ◼ Mineralisation at very north (Aliso) and very south (GTS) Large areas untested in between N GTS Aliso Hub
Slide 8: Exploration Target
Exploration Target ◼ Independent assessment of Redcliffe Gold Project1 Prepared by Dr James Lally Low 14.38 Mt @ 1.8g/t for 0.84Moz High 21.55 Mt @ 2.5g/t for 1.70Moz Excludes current resource of: Note: The upper and lower 12.53 Mt @ 1.34g/t for 0.54Moz2 grades of the Exploration Target estimate d
Slide 9: Historic Exploration
Historic Exploration All Drilling Drilling Deeper than 50m Less than 20% of the Project Effectively Tested Already discovered over 0.5Moz1 1: See Appendix 1 for Resource Statement 9
Slide 10: NTM Exploration
NTM Exploration ◼ Excellent Track Record 1,835 holes drilled since 2005 39% of all holes had +1g/t gold <$15/oz discovery cost ~70% of funds go into exploration ◼ Focus is on Growth - Expanding the Resource: Solid platform Existing deposits are open New targets requiring drilling 10
Slide 11: Highly Successful Explorers
Highly Successful Explorers ◼ Historic exploration didn’t drill deep enough - INEFFECTIVE ◼ NTM methodical explorers – drilling deeper, starting with aircore 2017 - Bindy 20m @ 1.2g/t - 99koz resource1, open 2018 - Hub 4m @ 5g/t - 1,000m strike, high grades Since then 10m @ 23 g/t 10m @ 9 g/t 2019 -
Slide 12: Hub
Hub ◼ Found from Aircore drilling 10m @ 23.3 g/t 10m @ 9.0 g/t +700m 7m @ 4.7 g/t ◼ RC & DDH follow-up High Grade Zone 6m @ 8.20 g/t Au 10m @ 5.22 g/t Au incl. 3m @ 11.98 g/t Au; 9m @ 7.02 g/t Au 300m incl. 4m @ 13.36 g/t Au. ◼ +1,000m strike, surface to +300m depth ◼ Hub not in current
Slide 13: Hub
Hub Results may not be representative due to excessive water in the hole See Appendix III for all announcements pertaining to drill results 13
Slide 14: Bindy
Bindy ◼ +800m strike and +260m vertical - still open ◼ Outstanding widths, grade improves with depth ◼ Resource estimate limited by drilling ◼ Intercepts include: 16m @ 4.7 g/t incl 8m@7.3 g/t 28m @ 2.6 g/t incl 13m@4.1 g/t 30m @ 1.5 g/t incl 4m@ 3.7 g/t 8m @ 3.0 g/t incl 2m@ 4.9 g/t See App
Slide 15: Redcliffe East – Recent RC – needs follow up
Redcliffe East – Recent RC – needs follow up See Appendix III for all announcements pertaining to drill results 15
Slide 16: Gold Intercepted All the Way Along MSZ
Gold Intercepted All the Way Along MSZ ◼ Mineralisation seen entire strike of MSZ within Redcliffe Aliso – north Aliso GTS – south Large areas untested between Redcliffe Area ◼ Multiple targets to test Infinity Hub Structural Aircore intercepts Bindy North Historic drilling to follow up
Slide 17: Scope for Expansion
Scope for Expansion ◼ New tenement granted Covers 116km2 Early stage structural targets identified from geological targeting review Greenfields style exploration ◼ Ongoing assessment of opportunities to add to the NTM portfolio Needs to be a natural fit and enhance our standing in the region
Slide 18: Towards 2 Million
Towards 2 Million ◼ Exploration Target recognises the potential of Redcliffe: 18 to 24-month aggressive drill campaign being planned ◼ Initial focus will be on the areas recognised to have the greatest potential in the Exploration Target: Hub, Redcliffe East and Bindy ◼ Multiple other targets in
Slide 19: Summary
Summary ◼ Excellent Location Strategic: 4 large gold operations nearby Prospective: Multiple +1Moz gold deposits ◼ Adding Value by Drilling Actively exploring Immediate focus is Hub Many others areas and deposits to be tested ◼ Successful and Efficient Explorer High hit rate in drilling
Slide 20: Appendix I: Redcliffe Resource Base
Appendix I Redcliffe Resource Base JORC Resource at 0.5g/t lower cut off1 Indicated Inferred Total Deposit Tonnes g/t Ounces Tonnes g/t Ounces Tonnes g/t Ounces Nambi 702,617 2.68 60,456 866,592 2.77 77,240 1,569,209 2.73 137,696 GTS 1,050,663 1.93 65,250 1,785,613 1.27 73,141 2,836,276 1.52 138,391
Slide 21: Appendix II: Exploration Target
Appendix II Exploration Target 1 Detailed Breakdown of Exploration Target Methodology and Estimates 1. Extension of Known Mineral Resources (Resources reported in ASX announcement 13th June 2018) Target Range Tonnes Width (m) Est. Grade (g/t Au) Est. Oz Target Description Nambi Underground Low 439,0
Slide 22: Appendix II: Exploration Target
Appendix II Exploration Target 1 Detailed Breakdown of Exploration Target Methodology and Estimates 1. Extension of Known Mineral Resources (Resources reported in ASX announcement 13th June 2018) Exploration Targets at Nambi, Nambi South, Redcliffe, West Lode, Mesa, Bindy, Bindy North and GTS were d
Slide 23: Appendix II: Exploration Target
Appendix II Exploration Target 1 Detailed Breakdown of Exploration Target Methodology and Estimates 2. Prospect Potential, Some Drilling Target Range Tonnes Width (m) Est. Grade (g/t Au) Est. Oz Target Description Hub Low 1,750,000 5.0 3.0 169,000 700-800m strike length total in 2 zones broken acros
Slide 24: Appendix II: Exploration Target
Appendix II Exploration Target 1 Detailed Breakdown of Exploration Target Methodology and Estimates 2. Prospect Potential, Some Drilling Prospects at Hub, Kelly North (including KT1 and KT2), Gully, Gully South and the Bindy-GTS trend have limited drilling and surface sampling that is insufficient t
Slide 25: Appendix II: Exploration Target
Appendix II Exploration Target 1 Detailed Breakdown of Exploration Target Methodology and Estimates 3. Prospect Potential, No Drilling Target Range Tonnes Width (m) Est. Grade (g/t Au) Est. Oz Target Description Nambi North Low 450,000 3.0 2.5 36,000 No drilling along strike of Main Lode up to 1km n
Slide 26: Appendix II: Exploration Target
Appendix II Exploration Target 1 Detailed Breakdown of Exploration Target Methodology and Estimates 3. Prospect Potential, No Drilling Remaining prospect areas have either no or very little drilling but are interpreted to have potential for gold mineralisation based on lithological and structural si
Slide 27: Appendix III: Recent Announcements
Appendix III Recent Announcements Pertaining to Exploration 17-June-2019 Step Out Drilling Success - Hub Continues at Depth 04-June-2019 Redcliffe Expands, Gold Potential Highlighted 06-May-2019 Aircore Confirms Hub Potential 16-April-2019 Exceptional Gold Results from Hub North 28-March-2019 Aircor