Orion Minerals Limited · ASX:ORN
Orion Minerals — Orion Gold NL — Investor Presentation (May 2010)
16 slides from Orion Minerals's investor presentation, May 6, 2010
Slide 1: Investor Update May 2010
For personal use only Investor Update May 2010
Slide 2: Disclaimer & Competent Person's Statement
Disclaimer & Competent Person’s Statement Disclaimer and forward-looking statements For personal use only Certain statements contained in this presentation, including information as to the future financial or operating performance of Orion Gold NL and its projects, are forward-looking statements.
Slide 3: Corporate
Corporate For personal use only Board and Management change – early 2009 Name changed to Orion Gold NL (ASX code: ORN) – mid 2009 Re-instated on the ASX – mid 2009 Raised $10.6 million: $6.0 million - issue of fully paid ordinary shares $4.6 million – Silja Investment Limited - convertin
Slide 4: Corporate: Board and Capital Structure
Corporate For personal use only Board: Capital Structure Denis Waddell (Executive Chairman) 765 million fully paid ordinary shares Graeme Sloan (Non-Executive Director) 385 million options exercisable $0.01 Sandy Haller (Non-Executive Director) 15 million options exercisable at $0.02 $6 millio
Slide 5: Share Price Performance
For personal use only Volume 0 10,000,000 12,000,000 2,000,000 4,000,000 6,000,000 8,000,000 21-Jul-09 31-Jul-09 10-Aug-09 20-Aug-09 30-Aug-09 09-Sep-09 19-Sep-09 29-Sep-09 09-Oct-09 19-Oct-09 29-Oct-09 08-Nov-09 18-Nov-09 28-Nov-09 Share Price Performance 08-Dec-09 Date 18-Dec-09 28-Dec-09 07-Jan-1
Slide 6: Walhalla Gold Project – Locality
Walhalla Gold Project – Locality For personal use only
Slide 7: Tenement Holdings
Tenement Holdings For personal use only Ross Creek Line Cohen’s Line
Slide 8: Walhalla History
Walhalla History The Cohen’s reef system (mined late 1800s to early 1900s) is Victoria’s For personal use only highest single producing reef system, with production of ~1.5 Million ounces at a head grade around 40 g/t Au. After approximately 40 years of mining many basic features of the system r
Slide 9: Staged Exploration Approach
Staged Exploration Approach Strategy: For personal use only Complete full technical review of all data relating to the highly prospective Walhalla Gold Project and determine priority targets to be drill tested Progress a pre-feasibility study on the current gold resources within the Walhalla G
Slide 10: Priority Exploration Areas
Priority Exploration Areas Drill program aim - illustrate the continuity For personal use only of mineralisation along the Cohen’s Line and parallel structures leading to the development of high grade near surface mineral resources based upon continuous, planar, laminated reef mineralisation Confirm
Slide 11: Drilling to Date
Drilling to Date Four diamond drill holes completed For personal use only to date Successfully identified three new major target zones that could result in a significant increase in the Company’s resource inventory Target Zone 1: OCL001B - intersected what is thought to be the northern extension
Slide 12: Cohen's Priority Targets
Cohen’s Priority Targets Cohen’s line of reef represents an excellent For personal use only exploration opportunity with numerous near surface targets and outstanding targets at depth Near surface targets to be tested as a priority Drill wedging program underway Progressive de-watering at a later
Slide 13: Cohen's Deeps Cross Section
Cohen’s Deeps Cross Section For personal use only
Slide 14: Regional Drill Targets
Regional Drill Targets For personal use only Toombon: Historically 61k ounces at 25.6 g/t Au Happy Go Lucky: Historically 90k ounces Possibly an extension of Cohen’s Reef Drilling to commence in Sep ’10 Quarter
Slide 15: Walhalla Gold Project: a staged approach
Walhalla Gold Project: a staged approach Staged approached to exploration and development For personal use only Confirm extension to mineralisation in Cohen’s area Priority to delineate near surface resources Integrated, complementary work programs with overall goal of developing resources l
Slide 16: Questions
For personal use only Questions