Skylark Minerals Limited · ASX:SKM
Skylark Minerals — Ironbark Gold — Shareholder Meeting (November 2007)
18 slides from Skylark Minerals's shareholder meeting presentation, Nov 22, 2007
Slide 1: Annual General Meeting
Annual General Meeting
Slide 2: Disclaimer
Disclaimer The following information is for shareholders and not intended to guide any investment decisions in Ironbark Gold Limited (Ironbark). Some of the information is intended as a guide to the potential of the Citronen zinc project but is not predictive. Consideration of the technical and fina
Slide 3: Ironbark
Ironbark Ironbark is a well funded, focused and dynamic Company that has all the tools at hand to become a significant global miner
Slide 4: Citronen - New World Class Resource
Citronen - New World Class Resource (JORC and NI43-101 Compliant) The more you have to boast about, the less you have to say* Indicated 40.4Mt 4.2% zinc 0.5% lead Inferred 32.1Mt 4.2% zinc 0.6% lead Total 72.5Mt 4.2% zinc 0.5% lead * Robert Annan – Chairman, Consolidated Gold Fields of South Africa,
Slide 5: Citronen - 135% increase in contained metal
Citronen - 135% increase in contained metal ~7 Billion pounds of zinc and growing • Citronen World Class zinc resource 100% owned • Independently calculated by Wardrop to NI 43-101 and JORC standards (>50%Mt now categorised as Indicated) • Mineralisation begins at surface and has never been mined •
Slide 6: Australian peer comparison - Ironbark represents outstanding value
Australian peer comparison - Ironbark represents outstanding value Company Market Capitalisation Zn (000’t) MC$/lb Zn Zinifex $ 7,571,470,466 14,742 $ 0.232 Kagara $ 1,341,177,423 740 $ 0.820 Perilya $ 705,877,044 2,200 $ 0.145 Terramin* $ 800,730,000 2,040 $ 0.178 CBH Resources $ 347,475,000 3,040
Slide 7: The Metal
The Metal Zinc has excellent long term fundamental market dynamics
Slide 8: Zinc consumption - Correlates with global construction
Zinc consumption - Correlates with global construction
Slide 9: Falling head grades - Higher zinc prices here to stay
Falling head grades - Higher zinc prices here to stay
Slide 10: Large scale peer mines?
Large scale peer mines? Ironbark resource base 72.5Mt @ 4.2% Zn, 0.5% Pb (3% Zn cutoff) • Apex Silver (The worlds most recent large zinc mine to be commissioned- 35% Sumitomo) – San Cristobal Mine, ~15Mtpa (Reserves 251Mt @ 1.5% Zn, 0.5% Pb, 55 g/t Ag) (Oxide reserves show 0% Zn, 50% Pb and 60% Ag r
Slide 11: The tip of the iceberg?
The tip of the iceberg? (The prospective horizon is large and truly untested)
Slide 12: Exceptional exploration potential
Exceptional exploration potential Mineralisation currently only constrained by drilling
Slide 13: World Class Australian SEDEX camp
World Class Australian SEDEX camp SEDEX deposits occur in clusters
Slide 14: The Future
The Future • Appraise the rapid development of Citronen - work has commenced • Make Citronen much bigger… • Build Ironbark through sensible acquisition - we are long term resource bulls
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