Slide 1: RIU Explorers Conference
For personal use only ASX: VRX RIU Explorers Conference Bruce Maluish - Managing Director February 2013 www.ventnorresources.com.au 1
Slide 2: Disclaimer & Competent Person
Disclaimer & Competent Person 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 securitie
Slide 3: Ventnor Resources Projects
Ventnor Resources Projects For personal use only 3
Slide 4: Thaduna / Green Dragon Copper Project
For personal use only Thaduna / Green Dragon Copper Project Western Australia 4
Slide 5: Thaduna/Green Dragon
Thaduna/Green Dragon For personal use only • 175 Kms northeast of Meekatharra • 4PLs covering 604 Ha • 40 kms east of Sandfire Resources De Grussa • Drilled +42,000 m since April 2011 5
Slide 6: Thaduna/Green Dragon Location
For personal use only Thaduna/Green Dragon Location 6
Slide 7: Ventnor Gascoyne Tenements
Ventnor Gascoyne Tenements For personal use only 7
Slide 8: Simply drill under the existing pit
Simply drill under the existing pit For personal use only 8
Slide 9: Development program
Development program 2011 2012 2013 For personal use only Activity Jun Sept Dec Mar Jun Sept Dec Mar Jun Thaduna/Green Dragon Phase 1 Drilling Phase 2 Drilling Phase 3 Drilling Phase 4 Drilling Deeps Drilling 1 Maiden Resource Deeps Drilling 2 Resource Update Metallurgical Testwork Scoping Study Fina
Slide 10: Thaduna
Thaduna For personal use only The ore will have to be +3kms deep to reach the boundary 10
Slide 11: Chalcopyrite and Bornite at +200m deep
Chalcopyrite and Bornite at +200m deep For personal use only 11
Slide 12: Thaduna THRC: High grade Bornite mineralisation
Thaduna THRC 220 High grade Bornite mineralisation For personal use only 12
Slide 13: Thaduna THRC: High grade Bornite mineralisation
Thaduna THRC 220 For personal use only High grade Bornite mineralisation 13
Slide 14: Typical Hydrothermal Copper Geology
Typical Hydrothermal Copper Geology For personal use only 14
Slide 15: Thaduna Long Section
Thaduna Long Section For personal use only 15
Slide 16: Thaduna
For personal use only Thaduna 16
Slide 17: Thaduna Mineralogy
Thaduna Mineralogy Mineral Name Area Mass % Cu mass % For personal use only Chalcopyrite 348202 16.38 98.38 1445 0.08 Bornite 0.92 Covellite 1080 0.06 0.70 Quartz 2154476 63.55 Chlorite 301468 9.27 Albite 305970 9.03 Micas 40189 1.29 Rutile/Anatase 5246 0.22 Other minerals 3432 0.12 Total 100.00 100
Slide 18: Thaduna low grade dumps
Thaduna Low Grade dumps contain 1,900 tonnes copper amenable to flotation For personal use only 18
Slide 19: Green Dragon
Green Dragon For personal use only • Drilling completed to 220 metres • Maiden Resource Estimate completed • Supplementary ore source • Last hole 10 metres at 2.28% Cu - including 3.22 metres at 6.60% Cu from 207 metres down hole • New high grade shoot 19
Slide 20: Green Dragon Long Section
Green Dragon Long Section For personal use only
Slide 21: Green Dragon
Green Dragon For personal use only The ore will have to be 750m deep to reach the boundary 21
Slide 22: Green Dragon
Green Dragon Green Dragon existing pit 300m long 15m deep For personal use only 22
Slide 23: Updated Resource Estimate Feb 2013
Updated Resource Estimate Feb 2013 For personal use only • 40% increase from Oct 2012 • Includes drilling from September to December 2012 • Extra 19 diamond holes has added 40,000 tonnes copper • Higher grades encountered below Green Dragon and Thaduna previous Resource boundaries lifts average grad
Slide 24: Updated Resource Estimate Feb 2013
Updated Resource Estimate Feb 2013 40% increase from Oct 2012 For personal use only 2012 Tonnes Contained Copper ('000) Indicated Inferred Total Thaduna 59.8 53.7 113.5 Green Dragon 21.3 5.5 26.8 Low Grade Dumps 1.8 0.0 1.8 Total 83.0 59.2 142.2 58% Indicated 24
Slide 25: Thaduna/Green Dragon Project
Thaduna/Green Dragon Project For personal use only 25
Slide 26: Thaduna Proposed Mining Infrastructure
Thaduna Proposed Mining Infrastructure For personal use only 26
Slide 27: Capital Structure
Capital Structure For personal use only Issued Shares Options Total 70.9 M 25.1 M Cash on hand $2.06 M @ Dec 31 Market Cap @ 50c $40 M 27