Dart Mining Nl · ASX:DTM
Dart Mining Nl — Investor Presentation (November 2011)
23 slides from Dart Mining Nl's investor presentation, Nov 22, 2011
Slide 1: Potential for a world class Mo + Cu + Ag deposit in a new Australian mineral province
For personal use only Potential for a world class Mo + Cu + Ag deposit in a new Australian mineral province Lindsay Ward ASX : DTM Managing Director Nov 2011 1
Slide 2: Disclaimer
DISCLAIMER For personal use only The information contained in this document is disclosed to you by Dart Mining NL (ACN 119 904 880) (the "Company"). Nothing in this document shall form the basis of any contract or commitment, or constitutes investment, financial product, legal, tax or other advice.
Slide 3: Unicorn – Mo + Cu + Ag Porphyry
Unicorn – Mo + Cu + Ag Porphyry For personal use only • Strong community and Government support • Unrestricted Crown land - available for mining • Favourable project location and infrastructure – power, water, roads • Existing support town within 30kms of Unicorn – available workforce • Established
Slide 4: DTM - Investment Highlights
DTM - INVESTMENT HIGHLIGHTS For personal use only • Positive outlook for Molybdenum (Mo) - currently@ US$30,000/t LME • Discovered a potentially world class Mo + Cu + Ag porphyry deposit • Strong similarities to Henderson a world class Mo mine in Colorado • Maiden JORC resource announced – Open at D
Slide 5: Corporate Structure
CORPORATE STRUCTURE For personal use only ASX Code: DTM 15.4 million 10 cents options Shares on issue: ~142m Fully Written by Bell Potter Market cap: ~$18m Options: 15.4m listed exercisable at 10c (31 Dec 2011) 8.4m unlisted exercisable at 15c (31 Dec 2013) Directors: 11m shares (7.9%) Top 20: 38.5%
Slide 6: Board and Management
BOARD AND MANAGEMENT For personal use only • Lindsay Ward –Managing Director Experienced senior executive having worked at CEO and GM level across the Mining, Power Generation, Mineral Processing, Ports and Rail industries • Chris Bain – Chairman Well regarded corporate advisor who has been instrume
Slide 7: Established Infrastructure
ESTABLISHED INFRASTRUCTURE For personal use only • Established infrastructure Hydro power Available water Support town ALBURY N.S.W Sealed roads Sealed airport Rail transport • Very supportive community VICTORIA CORRYONG • Strong Victorian Government support 3 drilling grants 7
Slide 8: Low Strip Ratio - Ore Body Outcrops
LOW STRIP RATIO - ORE BODY OUTCROPS For personal use only DRILL RIG Mineralisation outcrops at surface and extends below Valley floor. Known mineralisation open at depth beyond 450 metres from surface. Valley floor 350 metres below surface. 8
Slide 9: No Restrictions - Open Cut Mining
NO RESTRICTIONS - OPEN CUT MINING For personal use only • Very strong Community and Government support • Unicorn deposit is located within Unrestricted Crown Land Bendigo and Stawell gold mines developed within Unrestricted Crown Land Will not impact on prime agricultural land • No known DSE flora o
Slide 10: Very Strong Community Support
VERY STRONG COMMUNITY SUPPORT For personal use only 10
Slide 11: Unicorn and Henderson Are Similar
UNICORN and HENDERSON ARE SIMILAR For personal use only DRILL RIG Figure 1. Unicorn Mineral Resource (Left) showing the 5,978,100mN cross section showing the M1, M2 and M3 Grade Zones and the Indicated Mineral Resource area from surface to 600m RL (approximately 250m below surface) and the Inferred
Slide 12: Unicorn Mo + Cu + Ag Resource
UNICORN Mo + Cu + Ag RESOURCE For personal use only TONNAGE Mo Cutoff Mo Cu Ag Mo Eq1 JORC (Mt) (ppm) (ppm) (ppm) (g/t) (ppm) CLASSIFICATION INDICATED 29 200 500 900 4.2 900 INFERRED 76 200 350 450 2.7 570 TOTAL 105 200 390 570 3.1 660 GRADE Mo Cu Ag Mo Eq JORC CLASSIFICATION Mo Cutoff Grade (ppm) T
Slide 13: Unicorn North – South Section
UNICORN NORTH – SOUTH SECTION For personal use only 13
Slide 14: Proven Structural Setting
PROVEN STRUCTURAL SETTING For personal use only • Lachlan fold belt is a known host of major ore bodies Cadia / Ridgeway / Nth Parkes in NSW Benambra in Victoria • Gilmore suture flexes across into Victoria with a series of splay faults Proven mineralisation Dart’s tenements lie across this strategi
Slide 15: DTM Tenements
DTM TENEMENTS For personal use only GRANTED LICENCES • Dart EL 4726 • Cudgewa EL 5058 • Buckland EL 4724 • Boebuck EL 5132 • Bunroy EL 5131 • Mt Alfred EL 5194 TOTAL: 2,400 Km2 15
Slide 16: Case Study - Endako Mine
CASE STUDY - ENDAKO MINE For personal use only • Thompson Creek Metals (TCM:TSX) own 75% of Endako Mine in British Columbia • $500 million mine expansion underway / Multi pit operation • Proven and Probable – 311Mt at an average grade 0.046% Mo • Measured plus Indicated – 88Mt at an average grade 0.
Slide 17: Unicorn Comparison with Other ASX Moly Explorers
UNICORN COMPARISON WITH OTHER ASX MOLY EXPLORERS For personal use only Share Market Resource Tonne Mo Mo Cu Ag Strip Access / Price Cap Status (M’s) Equiv Grade Grade Grade Ratio Infra ($) (A$) (%) (%) (%) (g/t) Dart ~$0.13 $18M Unicorn 29 0.09 0.05 0.09 4.2 From Very Mining Indicated Surface Good N
Slide 18: Molybdenum - Industrial Uses
MOLYBDENUM - INDUSTRIAL USES For personal use only • Adds strength, hardness and toughness to steel • Increases corrosion resistance in petrochemical industry pipework • Acts as a catalyst to remove sulphur / impurities from crude oil • Growing importance in automotive and aerospace industries • New
Slide 19: Dart's Mineralised Porphyry Pipeline
DART’S MINERALISED PORPHRY PIPELINE “UNDER EXPLORED” For personal use only PROJECT Regional Soil Geochem On Ground Geophysics Geophysics Drilling Geochem Mapping Aerial Ground Unicorn Nth Mammoth x x Limited Morgan x Limited Boebuck x x x Bunroy x x x Dart Pluton x x x x x String Dinner Creek x x x
Slide 20: Catalysts / News Flow
CATALYSTS / NEWS FLOW For personal use only Q4 Quarter 1 Quarter 2 Quarter 3 Quarter 4 Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Regional X Geochemistry Appoint Drilling X Contractor Cultural Heritage X Survey Drilling X Commences Tasmania Uni X Unicorn Study IP Anomaly X Drill Results Pro
Slide 21: Undrilled Unicorn - 3D IP Anomaly
UNDRILLED UNICORN - 3D IP ANOMALY For personal use only Red zone indicates significant chargeable anomaly. Potential source of late stage copper mineralisation at Unicorn. Located on NW flank of main porphyry deposit at depth of less than 100 metres and may represent the top of another adjacent porp
Slide 22: Summary
SUMMARY For personal use only • DTM has discovered a new mineralised porphyry province Largely underexplored but with strong pipeline of porphyry targets Strong similarities to Henderson a world class primary Mo mine • Unicorn Deposit - classic mineralised porphyry Total resource 105Mt @ 0.07% Mo Eq
Slide 23: Thank You
For personal use only THANK YOU Competent Person Statement Information in this report that relates to a statement of Exploration Results and Mineral Resources of the Company is based on information compiled by Dean Turnbull B.App.Sc.(Geol) Hons. M. AIG. Mr Turnbull is a Director and full time employ
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