Duketon Mining Ltd · ASX:DKM

Duketon Mining — Investor Presentation (July 2015)

17 slides from Duketon Mining's investor presentation, July 2015

  1. Slide 1: Investor Presentation

    Investor Presentation July 2015 Investor Presentation June 2014 STUART FOGARTY, Managing Director www.duketonmining.com.au

  2. Slide 2: Duketon Mining Limited (ASX: DKM)

    Duketon Mining Limited (ASX: DKM)  Nickel resource inventory with significant potential to grow – +70,000 Ni T WITH SIGNIFICANT UPSIDE  Cash (+ liquids) balance of ~$6.5 million end of June ‘15 Q – WELL FUNDED  Enterprise value of $6.5M (Market Cap. $13M) – LEVERAGED TO DISCOVERY  Managing Direc

  3. Slide 3: Corporate Overview

    Corporate Overview Duketon Mining Ltd. ASX: DKM Share Price Chart Since IPO (12 Months) 6 $0.50 DKM Share Price Volume (million shares traded per day) Shares on Issue 82.5m $0.45 5 $0.40 Options on Issue1 35.5m $0.35 4 $0.30 Market Cap. @ 16c $13m 3 $0.25 $0.20 2 Cash + Listed Investments $6.5m $0.1

  4. Slide 4: Portfolio Overview

    Portfolio Overview Rox Resources Ltd MC = $22m Regis Resources Ltd MC = $660m Duketon Mining Ltd MC = $13.0m EV = $6.5m Gold Road Resources MC = $240m Poseidon Nickel Ltd MC = $70m Laverton Greenstone Belt “prolific mining area” ~ 25M Oz gold Note: All company data as at 21 July 2015 4.

  5. Slide 5: 12 Months Since IPO

    12 Months Since IPO Against a tough nickel price backdrop Nariz mineralisation Successful continues to grow $7m IPO (oversubscribed) Drilling Programme 2: Discovers Nariz Ni-Cu deposit $0.50 (still open and being drilled) Duketon Secures Gold Joint 9.22m @ 4.96% Ni, 0.4% Cu inc. $0.45 Venture with R

  6. Slide 6: Strategies to Drive Shareholder Value

    Strategies to Drive Shareholder Value 1. Expand Existing Targeting extensions to Rosie, C2 and Nariz Ni-Cu deposits Nickel Resources 2. Discover New Regional work around the highly prospective and largely Nickel Deposits untested greater Bulge area (and new belts, new projects) 3. Gold Joint Venture

  7. Slide 7: 1. Expand Existing Nickel Deposits

    1. Expand Existing Nickel Deposits C2 Nickel Deposit  Maiden Mineral Resource Estimate E38/2834 E38/1537 Terminator Gold  38,000t nickel, Prospect Nariz Nickel Prospect  2,370t copper, 9.2m @ 5.0% Ni 0.1% Cu, 2.4g/t Pt+Pd C2 Inferred  26,000oz Pt + Pd Resource 5.7Mt @ 0.7% Ni (38,000 Ni T)  Ope

  8. Slide 8: Nariz Ni-Cu Discovery

    Nariz Ni-Cu Discovery  Very recent discovery  Maiden drilling program discovered high-grade intersections including 5.65m at 7.09% Ni, 0.50% Cu, 3.76g/t Pt + Pd  Only 2 drill programs completed (second program only focussed on shallow extensions)  Exploration model and understanding of Nariz bui

  9. Slide 9: 2. Discover New Nickel Deposits

    2. Discover New Nickel Deposits The Bulge Ultramafic Complex C2 Nickel Resource  Mining Lease (ML) granted Rosie Nickel Resource  Craton size feature  Limited exploration outside resource areas  Ni Discovered mid 2000s Nariz Nickel Prospect  2006 at C2  2009 at Rosie  2014 at Nariz Thompson B

  10. Slide 10: Significant Exploration upside

    Significant Exploration upside  3 discoveries in only 15% of contact  Limited to no testing at depth outside 3 discoveries  Significant geochemical anomalism at surface 10.

  11. Slide 11: Bulge Ultramafic Complex drill collar map

    aS DUKETON I MINING Bulge Ultramafic Complex Perseverance Ultramafic Complex Map Legend Drill Collars with Max Downhole Ni +2.0 % Ni 1.0 to 2.0 % Ni 0.6 to 1.0 % Ni 0.3 to 0.6 % Ni 0.1 to 0.3 % Ni 0 to 0.1 % Ni

  12. Slide 12: 3. Gold Joint Venture with Regis

    3. Gold Joint Venture with Regis Terms  4 tenements, 2 year term, Au only  75:25 upon achieving the following  $100,000 up-front  $1M minimum expenditure  Confirming a decision to mine  On a decision to mine DKM may  Contribute to the project  Sell to RRL for $850k  Convert to 2%NSR  Where

  13. Slide 13: Older Felsic sequence >2.8Ga Laverton

     Broad younging of Duketon belt sequence from Older Felsic sequence north to south >2.8Ga  Older mafic to felsic rock sequence in the north (and east?)  part of the Burtville terrane?  Laverton domain sequence host to Rosie Ni with a Laverton maximum age of 2.8Ga from detrital zircons Associatio

  14. Slide 14: 4. Discover New Gold Deposits

    4. Discover New Gold Deposits Western Belt  Multiple target styles  Large historical dataset showing conceptual and empirical support  Rosemont and Baneygo recent examples  100% DKM tenements in black

  15. Slide 15: Summary

    Summary  12 months since IPO:  Expanded Nickel inventory by 37k tonnes of nickel (+115%)  Discovered Nariz Ni-Cu deposit – still open and targeting extensions  Joint Venture with Regis in respect of targeted gold exploration over the coming 2 years  Prudent expenditure in a tough nickel price e

  16. Slide 16: Contact Details

    Contact Details Duketon Mining Ltd. Head Office Phone +61 8 6315 1490 Ground Floor, 31 Ventnor Fax +61 8 9486 7093 Avenue, West Perth Web: www.duketonmining.com.au Western Australia 6005

  17. Slide 17: Disclaimer

    Disclaimer Disclaimer: This presentation has been prepared by Duketon Mining Limited(“Duketon”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though Duketon has n

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