Red Mountain Mining Ltd · ASX:RMX
Red Mountain Mining — Mines and Money Hong Kong 2014
21 slides from Red Mountain Mining's conference presentation, Mar 24, 2014
Slide 1: ASX Announcement: Presentation
ASX ANNOUNCEMENT RED MOUNTAIN MINING LTD (ASX:RMX) 24 March 2014 For personal use only PRESENTATION Perth-based Red Mountain Mining is pleased to provide the updated Red Mountain Mining Corporate Presentation including Scoping Study results, to be released at the Mines and Money Hong Kong conference
Slide 2: Exploring high-grade gold targets with a pathway to production
For personal use only March 2014 Exploring high-grade gold targets with a pathway to production
Slide 3: 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 4: Red Mountain Mining: Why Invest?
Red Mountain Mining: Why Invest? For personal use only • Strong board and highly skilled exploration-development team with track record of discovery and development • Flagship Batangas Gold Project, ideal location, good infrastructure, established Mineral Resources, granted mining permits • Exceptio
Slide 5: RMX Company Overview
RMX Company Overview For personal use only Red Mountain Mining Ltd ASX: RMX Listed Shares (18 Feb 2014) 685,188,592 Listed Options RMXO 1.5c 30/6/14 137,761,798 Listed Options RMXOA 3c 30/6/16 97,839,477 Unlisted Options ($0.20) 42,728,125 Share Price Top 20 shareholders ~33% Share price (21 March 2
Slide 6: 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 7: The Philippines: A Golden Opportunity
The Philippines: A Golden Opportunity For personal use only Far South East (Gold Fields) • US based system of Democratic government • IMF growth projections 7% next 5 years Didipio (Oceana) • Stable mining law and regulations. Batangas - New mining policy Executive Order 79 (2012) Gold demonstrates
Slide 8: Batangas Gold Project: Mineral Resources, Planned Project Infrastructure
Batangas Gold Project: Mineral Resources, Planned Project Infrastructure MAP KEY • 270km² land package covers entire epithermal gold field Luzon Tenements, MPSA’s black outline Porphyry copper-gold prospects • Two key gold resource projects 8km apart • Immediate exploration upside under high grade t
Slide 9: Batangas Project Gold Mineral Resources
Batangas Project Gold Mineral Resources (JORC 2004) 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 (Kay Tanda) Indicated 2,582,000 2.0 166,000 5.7 471,000 *Total 5,586,000 2.0 363,000 3.3 595,000 Inferred 16,000 5
Slide 10: Lobo: Five Parallel Epithermal Gold Structures
Lobo: Five Parallel Epithermal Gold Structures BATANGAS • Five parallel high-grade lode structures LOBO MPSA 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
Slide 11: Lobo South West Breccia Lode Corridor Plan
Lobo South West Breccia Lode Corridor Plan 310,400E 310,200E 310,600E Taysan Porphyry BATANGAS Cu-Au Deposit PROJECTS LB 92: 41.5m @ 8.07 g/t Au ¹South West Breccia Indicated and Inferred Resource: LB93: 3.95m @ 4.6 g/t Au inc. 0.75m @ 15.8 g/t Au 5 For personal use only 194,000t @ 7.2 g/t Au ³Trenc
Slide 12: Lobo South West Breccia Lode Longitudinal
Lobo South West Breccia Lode Longitudinal BATANGAS 10000N 10200N PROJECTS 9600N 9800N B B’ For personal use only SOUTH WEST BRECCIA LOBO ¹Indicated and Inferred Map Resource: 194kt @ 7.2 g/t Au South West Breccia Extended ³Trench 19:8.35m @ 18.3 g/t Au, ²Trench 7: 3m @ 21.6 g/t Au ³Trench 21:6m @ 31
Slide 13: Lobo, Southwest Breccia and Extended Plan
Lobo, Southwest Breccia and Extended Plan Taysan Porphyry BATANGAS LB19 Cu-Au Deposit PROJECTS ¹LB 62 8.0m @ 8.82 g/t Au inc. 3.0m @LB16 15.4 g/t Au For personal use only and 7.45m @ 12.4 g/t Au LB63 inc. 5.30m @ 15.6 g/t Au LB61 LB06 LB07 LOBO Map Area LB58 LB20 LB12 4Drillhole LB 93: LB62 MAP KEY
Slide 14: Lobo, Southwest Breccia Resource Cross Section
Lobo, Southwest Breccia Resource Cross Section SOUTHWEST BRECCIA CROSS SECTION 10175N 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
Slide 15: Lobo, Japanese Tunnel Cross Section
Lobo, Japanese Tunnel Cross Section Taysan Porphyry BATANGAS CROSS SECTION 9984N10,000E 10,100E Cu-Au Deposit PROJECTS 160m Trench 4 4m @ 12.23 g/t Au ASL Trench 4 For personal use only 2m @ 18.12 g/t Au 0.96 % Cu 140 1.03 % Cu ¹LB 82-13 JAP TUNNEL 8.7m @ 4.34 g/t Au LOBO Inc. 3.7m @ 8.6 g/t Au Map
Slide 16: Batangas Gold Project Scoping Study
Batangas Gold Project Scoping Study Low cost, early payback potential For personal use only • Initially based only on high-grade, open pit resources processed at Lobo • Production of 90,000 oz of gold over initial 4.5 year mine life (20,000oz pa) • Projected life of mine revenue from gold sales of ¹
Slide 17: Batangas Gold Project: Regional Development Layout
Batangas Gold Project: Regional Development Layout LOBO MPSA SWB MINE AREA For personal use only Mabilog na SWB Waste Area Bundok Processing Plant Residue Storage Facility ARCHANGEL MPSA Low Grade Stockpile Waste Rock Dump KAY TANDA WEST MAP KEY MINE AREA KAY TANDA Sawang RESOURCES MPSA boundary Sol
Slide 18: Batangas Gold Project Scoping Study
Batangas Gold Project Scoping Study Low cost, early payback potential For personal use only Batangas-Lobo Gold Project Unit A$ US$ Mine Life (Processing) Years 4.5 Tonnes Processed T 880,000 Head Grade Gold (Au) Au g/t 3.4 Head Grade Silver (Ag) Ag g/t 9.2 Head Grade (Au Equ.) Au Equ. g/t 3.6 Recove
Slide 19: Batangas Gold Project, Next Steps
Batangas Gold Project, Next Steps For personal use only • Continue drilling high-grade targets at Lobo for potential mineral resource upgrade • Submit expanded 10 year mining plan for Declaration of Mining Feasibility, and Environmental Impact Statement (EIS) to Philippines Government • Definitive F
Slide 20: Reminder, Red Mountain Mining: Why Invest?
Reminder, Red Mountain Mining: Why Invest? For personal use only • Strong board and highly skilled exploration-development team with track record of discovery and development • Flagship Batangas Gold Project, ideal location, good infrastructure, established Mineral Resources, granted mining permits
Slide 21: Red Mountain Mining (RMX) Contact Details
Red Mountain Mining (RMX) Contact Details For personal use only Jon Dugdale, Managing Director Red Mountain Mining E: jon.dugdale@redmm.com.au Head Office M: +61-402 298 026 Unit 1, 2 Richardson Street West Perth WA 6005 Investor, Media relations, Matt Birney E: matt@birneycorporate.com.au P: +61-8