Element 25 Limited · ASX:E25
Element 25 — Montezuma Mining Company — Shareholder Meeting (2013)
17 slides from Element 25's shareholder meeting presentation, 2013
Slide 1: 2013 AGM
Insert pic of drill rig from website Montezuma’s vision is to build a sustainable multi mine, multi commodity mining business that operates safely and profitably whilst delivering real benefits for the communities within which we operate. 2013 AGM Michael Moore, Chief Executive Officer
Slide 2: Key themes
Key themes 1. FY13 – a busy 12 months 2. New management 3. New growth strategy 4. Realising value of asset base 5. FY14 – well capitalised for a busy year ahead 2
Slide 3: FY13 – a busy 12 months
FY13 – a busy 12 months • Appointment of Mike Moore as CEO and Justin Brown as Executive Director • Butcherbird Project - Native Title Agreement signed - progressing exploration & technical evaluation - increased resource estimates • RNI Peak Hill option deal extended • New growth strategy implement
Slide 4: 100% owned Butcherbird Project
100% owned Butcherbird Project • Largest onshore manganese occurrence in Australia • Global Total Inferred JORC Resource of 174.9Mt @ 10.87% Mn including 119Mt @ 11.6% Mn (cut-off 10%) and 55.9Mt @ 9.3% Mn (cut-off 8-10%) - two phases of geological mapping undertaken - 14 hole diamond drilling progr
Slide 5: Interpreted Prospective Mn-rich Horizons/Trends
Interpreted Prospective Mn-rich Horizons/Trends 5
Slide 6: Tenure E54/2727 granted
Tenure E54/2727 granted MAP LEGEND [EF wan tenements Geology Bedrockiourcrop Thin Cove 7 (atari) Em _Intorproted Cu Shear © Drilthole Collars R__Butcherbird Cu Prospect @® — cuProspects Infrastructure ——— Great Northern Highway Roads ween Tracks 4 --=- GasPipoline ae ==—gonetes
Slide 7: Peak Hill/Durack RNI Option extended
Peak Hill/Durack (85-100%) RNI Option extended • Extended option agreement for Resource and Investment NL (ASX:RNI) to purchase Montezuma’s interest in Peak Hill Project for: - $2.8m cash - issue of 8.4m fully paid ordinary shares in RNI - issue of 2.1m 35 cent options in RNI - issue of 2.1m 20 cent
Slide 8: Peak Hill/Durack Heap leaching studies
Peak Hill/Durack (85-100%) Heap leaching studies • Latest metallurgical test work finalised and oxide composites returned gold recoveries of 93.4% - exceeds RNI’s internal assumptions and targets Domain Crush Size Recovery Duration Assayed Head Calculated Head NaCN Consumption Lime Consumption mm %
Slide 9: New growth strategy
New growth strategy To become a multi-mine business through acquisition and organic growth… • Leveraging strong cash position to build a diversified resource asset base • Identifying high priority commodities and locations that leverage MZM’s previous experience and strengths • Actively seeking asse
Slide 10: New growth strategy – target commodities
New growth strategy – target commodities Target commodities offer strong future demand characteristics 10
Slide 11: New growth strategy – target geographies
New growth strategy – target geographies Target geographies present low jurisdictional risk and excellent mineral prospectivity 11
Slide 12: Looking ahead to FY14…
Looking ahead to FY14… Montezuma is well funded and strategically placed to grow • Strong capital position – cash and investments - $6.1m cash @ 19 November 13 - Share positions in a number of other companies with value of $637k • Experienced Board and strong management team – transitioning MZM from
Slide 13: Questions
Insert pic of drill rig from website Questions
Slide 14: Disclaimer
Disclaimer This presentation contains an overview of Montezuma Mining Company Ltd and its associated entities (Montezuma) and their respective activities and operations. The contents of this presentation, including matters relating to the geology of Montezuma’s projects, may rely on various assumpti
Slide 15: Competent person
Competent person The information in this presentation that relates to Exploration Results, and Mineral Resources is based on information compiled by Mr Justin Brown who is a full-time employee of the Company and is a member of the Australasian Institute of Mining and Metallurgy. Justin Brown has suf
Slide 16: Contact
Contact Montezuma Mining Company Phone: +61 8 6315 1400 Facsimile: +61 8 9486 7093 31 Ventnor Avenue, West Perth WA 6005 PO Box 910, West Perth WA 6872 www.montezumamining.com.au Mike Moore Ronn Bechler Chief Executive Officer Investor Relations, Market Eye P: +61-8 6315 1400 P: +61-400 009 774 E: m
Slide 17: 2013 AGM
Insert pic of drill rig from website Montezuma’s vision is to build a sustainable multi mine, multi commodity mining business that operates safely and profitably whilst delivering real benefits for the communities within which we operate. 2013 AGM Michael Moore, Chief Executive Officer
Montezuma Mining Company — Shareholder Meeting (2013) on 6ix