Vrx Silica Ltd. · ASX:VRX

Vrx Silica — Ventnor Resources — Shareholder Meeting (November 2016)

28 slides from Vrx Silica's shareholder meeting presentation, Nov 28, 2016

  1. Slide 1: Ventnor Resources Limited

    Ventnor Resources Limited

  2. Slide 2: Investor Presentation disclaimer

    Investor Presentation For personal use only This presentation was prepared with due care and attention and is current at the date of the presentation. The summary is not an offer or recommendation to purchase or subscribe for securities in Ventnor Resources Limited or to retain any securities curren

  3. Slide 3: Company Overview

    Company Overview For personal use only Company Data Share Price Chart ASX Code VRX Share Price A$0. 02 Shares on Issue 223.4m Options 12.9m Market Cap (Fully diluted) A$2.8m Cash A$1.5m Major Shareholders % Board of Directors J & L Peterson 6.0% Paul Boyatzis Non-executive Chairman Morparq Pty Ltd 6

  4. Slide 4: Exploration Targets

    Exploration Targets For personal use only Silver Dragon Fire Dragon Copper – Nickel prospects

  5. Slide 5: Biranup Project

    For personal use only Biranup Project 5

  6. Slide 6: Regional Geology

    For personal use only Regional Geology 6

  7. Slide 7: Local Geology

    Local Geology • 28km NE of Tropicana For personal use only >4Moz gold deposit • Extensive database of previous exploration work. • Extensive regional work undertaken by GSWA and other institutions • Highly prospective but challenging exploration due to extensive cover material. 7

  8. Slide 8: Extensive Previous Exploration

    Extensive Previous Exploration For personal use only • Gravity – 900 stations • Airborne EM – 500m spaced SPECTRUM • IP – 2 prospects • Air Mag and Radiometrics – 50m spacing • Soils and Auger – significant anomalies • AC, RC and DDH drilling – 1,104 holes • Regional research – 9 mths review 8

  9. Slide 9: Previous Exploration Drilling

    Previous Exploration Drilling For personal use only • Extensive not Archaean? 9

  10. Slide 10: Geophysical Data (Gravity, EM)

    Geophysical Data (Gravity, EM) For personal use only 10

  11. Slide 11: Magnetic dataset

    For personal use only Magnetic dataset (RTP Regional) Magnetic body Area of Demagnetised magnetic Zone in depletion magnetic body These are late dykes and have largely been ignored

  12. Slide 12: Magnetic dataset south end of tenement

    For personal use only  Magnetic dataset south end of tenement  Detailed 50m spaced magnetics

  13. Slide 13: Major magnetic domain break features

    For personal use only  The major magnetic domain break features Magnetic feature SILVER DRAGON  These are the structures that truncate and offset the magnetic bodies  Several NW-SE cross- structures  With Augur Samples (Au) SPECTRUM EM response FIRE DRAGON

  14. Slide 14: Gravity Data (Bouguer Anomaly)

    Black Dragon For personal use only Between Gravity Data (Bouguer two faults Anomaly)  Extensive  900 stations Demagnetis ed Zone in magnetic body RED DRAGON

  15. Slide 15: Gravity Data (1VD)

    For personal use only  Gravity Data (1VD)  Extensive SILVER DRAGON  900 stations gravity high RED DRAGON gravity low

  16. Slide 16: Gravity low coincident with subdued magnetism

     Gravity low is coincident For personal use only with area of subdued magnetism – further evidence it is a granitoid. A gravity low enriched in Fe, Area of Pb, Sb, As & W and depleted in magnetic Mg is most likely depletion a granitoid… and a fairly FERTILE ONE Gravity low Augur Fe – Enriched embay

  17. Slide 17: Silver Dragon Cu-Ni Potential

    For personal use only Silver Dragon Cu-Ni Potential 17

  18. Slide 18: Magnetic body NE of Red Dragon

    For personal use only  Investigate the magnetic body NE of Red Dragon? Magnetic feature

  19. Slide 19: What is the magnetic body NE of Red Dragon?

     What is the magnetic body NE of For personal use only Red Dragon?  Zoned? M M g Cu Cu Ng Zn Co Augur Mg – Enriched i Augur Fe – Depleted Z These indicate a Augur Zn- Enriched n Ni mafic to ultramafic Augur Cu – Enriched body Augur Co – Enriched Augur Ni - Enriched Co  Tilt derivative ovoidal fea

  20. Slide 20: Silver Dragon MLEM

    For personal use only Silver Dragon MLEM 20

  21. Slide 21: Exploration Budget

    Exploration Budget Follow Up Drilling to MLEM For personal use only NovaSurvey MLEM =$25k Bollinger Silver MagDragon at 1RC hole x 300m = $50k Same Downhole EM survey = $20k Scale!! M M g Nova Bollinger Total background = $95k Ng ZC C image is detailed i nu o gravity. Red Dragon NZ C (pursue gravity

  22. Slide 22: Fire Dragon Cu-Ni Potential

    For personal use only Fire Dragon Cu-Ni Potential 22

  23. Slide 23: MLEM Response

    For personal use only MLEM Response 23

  24. Slide 24: MLEM Response

    For personal use only MLEM Response 24

  25. Slide 25: Exploration Budget

    Exploration Budget Follow Up Drilling to MLEM For personal use only  Two hole RC drill MLEM Survey = $45k program Silvercompleted Dragon 2RC hole x 250m = $100k Downhole EM survey  Confirmed = $20k Total intrusive geology = $165k  Assays (pursue middrilling Co-funded Dec grants and R&D cost recov

  26. Slide 26: Biranup Project New Tenements

    For personal use only Biranup Project New Tenements 26

  27. Slide 27: Biranup Project tenement map

    VRC Ventnor Resources Limited | 660000mE | 680000mE ELA 38/3191 Lake Ranson Road Ventnor Resources BIRANUP PROJECT E39/1828 B® 6780000mN ‘ln 10 kilometres ELA 39/2000 [|] New Applications ELA 39/2003 ELA 39/2001 Biranup Project 6760000mN 27

  28. Slide 28: Exploration Program

    Exploration Program For personal use only Program to end of 2016 Down Hole EM at Fire Dragon Silver Dragon prospects Evaluate assays from 3 drill holes Total Budget Cost $50,000 28

Ventnor Resources — Shareholder Meeting (November 2016) on 6ix