Vault Minerals Limited · ASX:VAU
Vault Minerals — Red 5 — Shareholder Meeting (November 2008)
18 slides from Vault Minerals's shareholder meeting presentation, Nov 25, 2008
Slide 1: Red 5 Limited Siana Gold Project AGM
For personal use only RED 5 Limited Siana Gold Project - Philippines AGM 25 November 2008 RED5 Limited
Slide 2: Red 5 - at a glance
Red 5 - at a glance…. For personal use only RED – ASX (24 Nov): 3.7 cents Market Cap (24 Nov): $24.3m Issued Shares: 659.2m Enterprise Value: nil $/oz (per Resource oz) Cash at 31 Oct: A$28.1m Largest Shareholders: Mathews Capital 19.5% AngloGold Ashanti 10.2% R Stanley 8.0% RED5 Limited
Slide 3: Highly prospective location
For personal use only Highly prospective location RED5 Limited
Slide 4: Siana cross-section
Siana cross-section Annual report…deepest intersection 450 metres For personal use only RED5 Limited
Slide 5: Today's results: gold system extended
Today’s results…gold system extended to 500 metres depth, and 50 metres further north For personal use only RED5 Limited
Slide 6: Siana Mineral Resources
Siana Mineral Resources For personal use only Update in progress at Cube Consulting… Category* Mt Au (g/t) Oz Ag (g/t) Oz Indicated 3.16 3.3 339,700 8.6 868,400 Inferred 3.11 7.2 717,300 13.2 1,314,500 TOTAL 6.27 5.3 1,057,000 10.8 2,183,000 *Note - consistent with JORC standards RED5 Limited
Slide 7: Latest modeling: core lenses and secondary lodes
Latest modeling – 3 core lenses, plus 7 newly identified secondary lodes For personal use only RED5 Limited
Slide 8: Siana project design layout
Siana project design layout - early infrastructure For personal use only RED5 Limited
Slide 9: LOM capital costs (US$)
LOM capital costs (US$) next revision forecast to be down For personal use only Direct & Contingency Total Indirect Open Pit 66,658,000 6,666,000 73,323,000* Underground 8,311,000 831,000 9,142,000 Total 74,969,000 7,497,000 82,465,000 *to first gold pour * to first gold pour RED5 Limited
Slide 10: Base Case
Base Case - first 4 years For personal use only First 5 years Calendar Year Y1 Y2 Y3 Y4 LOM Gold ounces 65,866 69,650 117,184 129,142 717,413 Cash cost (US$/oz)* 356 355 279 273 347 Total cost (US$/oz) 445 444 368 363 436 * No allowance for Ag or Zn credits RED5 Limited
Slide 11: Enhanced production cases
Enhanced production cases - positive upside… For personal use only Mapawa – soft, near surface ore - Project year 3 ? - grant of MPSA imminent Increased underground mine rate – Project year 3 ? Co-production of zinc concentrate – Project year 5 ? The enhanced case scenarios are not mutually ex
Slide 12: Strong community support
Strong community support… For personal use only RED5 Limited
Slide 13: Through health assistance
...through health assistance For personal use only RED5 Limited
Slide 14: Welfare
… welfare For personal use only RED5 Limited
Slide 15: And education programmes
… and education programmes For personal use only RED5 Limited
Slide 16: Remaining milestones
Remaining milestones For personal use only EIS submitted (leading to ECC approval) final Public Forum scheduled 5th December Corporate restructure and title transfer in progress Bank conditions precedent (above items plus Resource upgrade and mine plan sign-off) EPCM and mining contract awar
Slide 17: Contact details
Contact details For personal use only Level 2, 35 Ventnor Avenue West Perth, Western Australia 6005 PO Box 1911 West Perth, WA 6872 Ph: + 61 8 9322 4455 Fax: + 61 8 9481 5950 Web Site: www.red5limited.com Email: info@red5limited.com RED5 Limited
Slide 18: Competent Person statement
For personal use only The information in this Public Report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on, and accurately reflects, information compiled by Mr. A L Govey and Mr. G C Edwards who are full-time employees of Red 5 Limited and who are Members of The A