Golden Deeps Limited · ASX:GED
Golden Deeps — Investor Presentation (November 2018)
17 slides from Golden Deeps's investor presentation, Nov 30, 2018
Slide 1: Golden Deeps Ltd – Abenab Vanadium Project Corporate Presentation
For personal use only GOLDEN DEEPS LTD ASX: GED Abenab Vanadium Project Corporate Presentation November 2018
Slide 2: Corporate Objective
Corporate Objective To accelerate the development of the Abenab Vanadium Project. For personal use only This will be delivered by a rigorous assessment of GED’s existing geological data base, and to develop a fully informed exploration program designed to identify 5 – 10Mt of +1% vanadium pentoxide
Slide 3: Abenab Vanadium Project: Key Points
Abenab Vanadium Project: Key Points 1. Large tenement holding located in a proven vanadium-rich province For personal use only 2. Province hosts several historic high-grade vanadium mines 3. Extensive geological and technical databases exist for the Project 4. Updated maiden JORC (2012) Mineral Reso
Slide 4: Project Development Pathway
For personal use only Project Development Pathway Stage 1 • Limited high value direct shipping ore (DSO) production Stage 2 • Production of high value concentrate up to 21% V₂O₅, 14% Zn and 53% Pb Stage 3 • Production of concentrate and refine vanadium in Namibia; or • Namibia based production of co
Slide 5: Timeline
For personal use only Abenab Vanadium Project Timeline Detailed Geological Drilling Drilling Detailed Production of Review Engineering V2O5, Zn and Pb Metallurgical Evaluate Project Design Testwork Pathways Process Flow Sheet Bankable Feasibility Bankable Feasibility Design Study Study (Concentrator
Slide 6: Metallurgy – Concentrate Grade is King
For personal use only Metallurgy – Concentrate Grade is King • Typical titano-magnetite vanadium process plant costs attributable to the crushing, beneficiation (magnetic separation) and roasting circuit represent ± 35% of total plant capital and operating costs • Abenab Vanadium Project metallurgy
Slide 7: Comparison between Mine and Concentrate Grades
Comparison between Mine and Concentrate Grades For personal use only Abenab and Abenab West mines Vanadium resource company peer comparison depicting resource and concentrate grades. Note the exceptionally high concentrate grade historically achieved from the Abenab and Abenab West mines. Abenab Van
Slide 8: Namibia
Namibia • An independent, stable, democratic republic For personal use only in south-west Africa • Namibia gained independence in 1990. • Its capital and largest city is Windhoek. Tsumeb • Namibia is a member state of the United Nations, the Southern African Development NAMIBIA Community, and the Af
Slide 9: GED's Abenab Project and Related Holdings
GED’s Abenab Project and Related Holdings • Located in the mineral-rich Otavi For personal use only Mountain Land in northern Namibia • GED controls all key mines and Abenab West prospects along a 40km long lithological and structural trend • Four granted EPLs and three pending EPL applications • 56
Slide 10: Abenab - Historic Production
Abenab - Historic Production Abenab For personal use only • Historic mine production of 102 000 tonnes of concentrate grading 18% V2O5, 13% zinc and 42% lead from a Abenab breccia pipe mined from surface • Avonlea’s metallurgical testing in 2012 achieved concentrate grade of 21% V2O5, 14% zinc and 5
Slide 11: Section through Abenab Mine
Section through Abenab Mine • A 3D model was compiled by Shango Solutions, (Geology NW SE For personal use only Consultants), utilising geological mapping and drilling conducted by Avonlea • Historic drilling was conducted mainly by the South West Africa Company, Gold Fields of Namibia and more rece
Slide 12: Abenab West
For personal use only Abenab West • Abenab West has similar mineralogy to Abenab • Mineralisation appears to be controlled by northwest plunging thrust structures and associated drag folds • Mineralised zones are fragmented along these structures and are hosted in distinct dolomite units • Mining wa
Slide 13: Shango Solutions – Geological Consultants
For personal use only Shango Solutions – Geological Consultants GED has engaged South Africa based Shango Solutions (Shango), to conduct a comprehensive geological and target generation study on the Project. Shango is a highly respected exploration and mining consultancy that has worked on more than
Slide 14: MINTEK – Metallurgical Consultants
For personal use only MINTEK – Metallurgical Consultants GED has engaged MINTEK to undertake a comprehensive metallurgical study for the purpose of understanding the processing characteristics of the Abenab ore and to advise on optimised concentrator process flow sheet and vanadium refining process
Slide 15: Golden Deeps Ltd
Golden Deeps Ltd Golden Deeps Ltd ASX:GED For personal use only Shares on Issue as at 3/11/2018 171.3m • Golden Deeps Ltd (ASX:GED) Share Price as at 31/10/2018 3.8 cents • Based in Perth, Australia Market Capitalisation 31/10/2018 AUD$6.51m • Market Capitalisation A$6.51M Cash on hand as at 30/09/2
Slide 16: Disclaimer & Declarations
Disclaimer & Declarations Overview For personal use only This presentation has been prepared by Golden Deeps Ltd (“GED”) as a summary of the company’s exploration and development activities, with particular reference Abenab V-Pb-Zn Project in Namibia. No Offer of Securities The presentation is not,
Slide 17: Historical Exploration and Resource Estimate
Historical Exploration and Resource Estimate Resource Estimate For personal use only The resource estimate stated in this presentation was prepared by SRK Consulting (Australasia) Pty Ltd (SRK) to JORC Code (2012) compliance, and not by GED. The initial resource estimate was first reported by Avonle