Red Mountain Mining Ltd · ASX:RMX
Red Mountain Mining — Investor Presentation (July 2013)
19 slides from Red Mountain Mining's investor presentation, Jul 23, 2013
Slide 1: Red Mountain Corporate Presentation (ASX Announcement)
ASX ANNOUNCEMENT 23 July 2013 For personal use only RED MOUNTAIN CORPORATE PRESENTATION Perth-based Red Mountain Mining Limited (ASX: RMX) (“the Company”, “Red Mountain”) provides its latest corporate presentation, which includes details of drilling planned to commence shortly to test high-grade Exp
Slide 2: Competent Person Statement
Competent Person Statement The information in this report relating to Mineral Resources is based on information compiled by Mr Jon Dugdale who is a Fellow of the Australasian Institute of Mining and Metallurgy and has sufficient exploration experience which is relevant to the various styles of miner
Slide 3: Focussed on drilling high-grade gold targets with a pathway to production
For personal use only July 2013 Focussed on drilling high-grade gold targets with a pathway to production
Slide 4: 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 5: Highlights – Batangas Gold Project
Highlights – Batangas Gold Project For personal use only • Flagship Batangas Gold Project tenements covering 270 km², located 120km south of Manila, Luzon Island, the Philippines. • A safe jurisdiction with strong community support and excellent regional infrastructure • Established JORC Compliant R
Slide 6: RMX Company Overview
RMX Company Overview For personal use only Red Mountain Mining Ltd ASX: RMX Listed Shares 247,897,026 Listed Options (RMXO) 30,162,495 Listed Options (RMXOA) 42,581,241 Share Price Unlisted Options ($0.20) 44,446,558 Top 20 shareholders 70% Share price $0.01 (22 July 2013) Volume Market Capitalisati
Slide 7: 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 8: Philippines: A Golden Opportunity
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) demonstrates commitment to sect
Slide 9: Batangas Gold Projects: Mineral Resources
Batangas Gold Projects: 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
Slide 10: Batangas Gold Resources @ 0.85 g/t Au cutoff
Batangas Gold Resources @ 0.85 g/t Au cutoff 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 2.0 165,000 5.7 471,000 *Total 5,586,000 2.0 363,000 3.3 595,000 Inferred 16,000 5.3 3,000 1.7 1,000
Slide 11: Lobo: Five Parallel Epithermal Gold Structures
Lobo: Five Parallel Epithermal Gold Structures BATANGAS • Five parallel high-grade lode structures 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 KEY LITHO
Slide 12: Batangas Gold, Lobo, Initial Exploration Targets
Batangas Gold, Lobo, Initial Exploration Targets For personal use only Resource Deposit Tonnes Au g/t Equivalent Au Oz Equivalent Category V1 70,000 130,000 4.3 6.4 10,000 27,000 Pica V2 130,000 230,000 3.2 4.8 13,000 36,000 V3 100,000 180,000 2.7 4.0 9,000 23,000 Total Pica 300,000 540,000 3.3 5.0
Slide 13: Lobo SWB - Japanese Tunnel Longitudinal
Lobo SWB - Japanese Tunnel Longitudinal B B’ 10100N 10000N 10200N BATANGAS JAPANESE SOUTHWEST PROJECTS For personal use only Manila, TUNNEL BRECCIA 120km Exploration Resource Target B 9.5m @ 13.5 g/t Au 6m @ 23.55 g/t Au 2m @ 18.12 g/t Au 6m @ 8.8 g/t Au LOBO 1m @ 3.9 g/t Au 5m @ 10.43 g/t Au & 7.45
Slide 14: Lobo (SWB), High-grade, at Surface Resources
Lobo (SWB), High-grade, at Surface Resources 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 LB
Slide 15: Lobo, Pica Targets, Cross Section 9550N
Lobo, Pica Targets, Cross Section 9550N 8,300E 8,200E 100m ASL Next drill holes BATANGAS PROJECTS PC06-13 Manila, 120km For personal use only PC05-13 75 PC-02 5m @ 4.28 g/t Au, 15.75 g/t Ag Inc. 1.5m @ 8.68 g/t Au, 15 g/t Ag LOBO 1.3m @ 9.49 g/t Au, 21.75 g/t Ag Map Area 50 1.7m @ 4.4 g/t Au, 34.8 g
Slide 16: Archangel Resources Long/Cross Section
Archangel Resources Long/Cross Section For personal use only A • Resources at surface A’ • Low stripping ratio • Majority oxide-transition • Good metallurgy Kay Tanda West (Pulang Lupa) 13
Slide 17: RMX: EV/Oz $3.70 vs $25/Oz peer ave
RMX: EV/Oz $3.70 vs $25/0z peer ave For personal use only EV/Resource - Explorers 100 90 80 70 60 $/oz 50 40 30 20 10 0 AOU RMX DCN GRY PXG PGO AMX AUC TAM ABU Average CHZ PIR GMR AZH AYC Source: Patersons Securities Limited 14
Slide 18: Red Mountain Mining – Why Invest?
Red Mountain Mining – Why Invest? For personal use only • Immediate news flow from planned drilling of defined, high grade, near surface, Exploration Targets e.g. Pica, Japanese Tunnel and further trenching (then drilling) of the high-grade discovery at Ulupong • Drilling aimed at converting Explora
Slide 19: Contact Details
Contact Details For personal use only Neil Warburton, Chairman Red Mountain Mining E: neil.warburton@redmm.com.au Head Office M: +61-408 935 014 Unit 1, 2 Richardson Street West Perth WA 6005 Jon Dugdale, Managing Director E: jon.dugdale@redmm.com.au P: +61-8 9226 5668 M: +61-402 298 026 F: +61-8 94
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