Vulcan Minerals Inc. · TSXV:VUL
Vulcan Minerals — Corporate Update (September 2012)
21 slides from Vulcan Minerals's corporate update, September 2012
Slide 1: Vulcan Minerals Inc. Corporate Update
VULCAN MINERALS INC. Corporate Update September 2012 Patrick Laracy President
Slide 2: Disclaimer
Disclaimer This presentation may include “forward looking statements”. All statements, other than statements of historical fact, included herein, including without limitation, statements regarding exploration results, future plans, and objectives of Vulcan Minerals Inc. are forward looking statement
Slide 3: Petroleum Interests West Nfld
Petroleum Interests West Nfld
Slide 4: Vulcan as Operator (2004-2011) Bay St. George Basin
Vulcan as Operator (2004- 2011) Bay St. George Basin • Drilled 11 Wells –Frontier Wildcat. • Drilled 9 Test Holes. • Acquired 350 km onshore seismic data. • Historic Data Compilations.
Slide 5: Non-Operating Participation (2004-2011)
Non-Operating Participation (2004- 2011) • Drilled 3 Wells (Parson’s Pond). • Acquired 3000 km 2D seismic (Labrador). • Acquired 500 Sq Km 3D seismic (West Nfld). • Historic Data Compilations.
Slide 6: Discoveries (2004-2011)
Discoveries (2004- 2011) • Bay St George Basin • Flat Bay Oil – under evaluation by Investcan Energy. • Red Brook – tight sand gas – prepped for Frac -Test. • Robinson – tight sand gas – prepped for Frac - Test. • Others to come from prospects identified.
Slide 7: Divestments 2012
Divestments 2012 • BSG Sale (50%WI) – Investcan Energy Corp • $2,500,000 Cash • 2% Royalty • Data Ownership – replacement value $20,000,000 • Labrador Sale (30% WI) – Investcan Energy Corp • $1,750,000 Cash • $1,000,000 Success Payments • Nwest Energy (related comp) – Shoal Point Energy Inc • 2% Roy
Slide 8: Divestments 2012
Divestments 2012 • Conventional targets tested - objectives accomplished in BSG and Parson’s Pond. • Unconventional discoveries made but require large investments and uncertain outcomes. • Projects not well valued in the equity markets. • Raising capital from sale of project interests less expensive
Slide 9: Current Assets
Current Assets • $5.3 million (including Red Moon sub) No debt. • 2% Royalty BSG Petroleum. • 3% Royalty BSG Potash/Salt. • 58% Equity (20.5 mm shares) Red Moon Potash. • 19% Equity (1.8 mm shares) NWest Energy. • 49% Working Interest TL Property - Ni/Cu. • 1,400,000 shares of Nortec Minerals. • Hum
Slide 10: Corporate Structure
Corporate Structure • Shares Outstanding 57,526,129 • Shares – F/D 61,431,129 • Cash $4,500,000 • Cash +Securities $6,900,000 • Debt nil • Market capital $4,000,000
Slide 11: Strategy
Strategy • Convert Newfoundland Petroleum Interests to cash/royalty • Solicit New Core Project with Market Interest • Leverage Cash Position • Operate Red Moon Potash Exploration • Advance TL Nickel-Copper Project Labrador
Slide 12: Red Moon Potash
eae: RED MOON .- L POTASH ie,
Slide 13: Potash – A Producing Basin
Potash – A Producing Basin Potash Corp. of Sask. Sussex Potash mine in similar rocks to Bay St. George Property
Slide 14: Bay St. George Basin Potash Core
vated Bay St. George Basin Potash Core
Slide 15: Bay St. George Potash Core Assays
Bay St. George Potash Core Assays Thickness % Top (m) Base (m) (m) %KCl %K2O %MgO Insolubles 278.6 279.1 0.5 11.51 7.27 0.01 1.1 279.6 279.8 0.2 14.79 9.34 0.01 1.5 287.8 288.4 0.6 32.29 20.4 0.02 1.8 288.8 289.5 0.75 9.17 5.79 0.05 1 290.8 291.1 0.3 7.03 4.44 0.29 0.9 291.8 292.2 0.4 12.52 7.91 0.0
Slide 16: Red Moon Mineral Rights BSG
Red Moon Mineral Rights BSG Size of Sussex Potash Mine in New Brunswick
Slide 17: Loading Port – 5 Km by Road from Potash Discovery
Loading Port – 5 Km by Road from Potash Discovery
Slide 18: Red Moon Corporate
Red Moon Corporate • Spinout From Vulcan Listed August 27th, 2012 • Symbol: RMK - TSX:V • Working capital $750,000 • S/O (no warrants o/s) 35,500,000 • Includes: • Shares distributed to Vulcan shareholders 15,000,000 1 RMK for 3.83 VUL • Shares held by Vulcan - 20,500,000 approx 60% • Total insider
Slide 19: Red Moon Board of Directors
Red Moon Board of Directors • Patrick Laracy – President – Vulcan Director • Bill Koenig – Finance - Vulcan Director • Rex Gibbons – Geological- Vulcan Director • Bill Burton – Executive Potash Experience • Carson Noel – Corporate - Operational
Slide 20: Program 2012-2013
Program 2012-2013 • Drill Target Finalization • Planning, Permitting & Procurement • Delineation Drilling 2012-2013 • 2-4 Holes Phase 1 • 4-6 Holes Phase 11
Slide 21: www.vulcanminerals.ca www.redmoonpotash.ca
www.vulcanminerals.ca www.redmoonpotash.ca