Equus Mining — Shareholder Meeting (November 2013)
18 slides from Equus Mining's shareholder meeting presentation, Nov 20, 2013
Slide 1: Presentation to Annual General Meeting (ASX cover letter)
20 November 2013 For personal use only The Manager Companies ASX Limited 20 Bridge Street Sydney NSW 2000 (18 pages by email) Dear Madam, PRESENTATION TO ANNUAL GENERAL MEETING I attach a PowerPoint presentation which is to be delivered to the shareholders present at today’s Annual General Meeting w
Slide 2: Developing Resource Opportunities in Chile
ASX Code: EQE For personal use only Developing Resource Opportunities in Chile November 2013 AGM
Slide 3: Capital Structure
Capital Structure For personal use only Ordinary Shares: 256.7M Options: 4.0M • 4.0M @ 7.5 to 25 cents, expiring 13 Nov 2015 Share Price: 1.4cents Market Capitalisation: $3.6M Cash end of Sept $1M Saleable Assets*: ~$2M Top 20 Shareholders: 57% ASX Code: EQE * Exploration properties, oil rig. 2
Slide 4: Share Price Performance vs Sector
Share Price Performance vs Sector 4 For personal use only HCH MNC 3.5 ELT RGX LRS 3 WSR LSA 2.5 AGD EQE ASX Listed South CDB American Explorers GMD 2 ESR ADY 1.5 DEG ICG OVL 1 EQE Sector Average 0.5 0 3
Slide 5: Share Registry
Share Registry Top 10 (November 2013) For personal use only Augusta Enterprises Pty Ltd 34,619,471 13.5% Permgold Pty Ltd 30,377,420 11.8% J P Morgan Nominees (Aust) Ltd 23,785,325 9.3% HSBC Custody Nominees 15,684,595 6.1% Tetramin Pty Ltd 8,000,000 3.1% J Wardman & Associates Pty Ltd 4,600,000 1.8
Slide 6: Targeting Company Making Resources Assets in Chile
Targeting Company Making Resources Assets in Chile For personal use only Why Chile: • Politically stable democracy • Mineral rich country – in particularly copper, gold, silver, molybdenum & lithium • Existence of numerous world class projects • Presence of international mining companies - BHP Billi
Slide 7: Naltagua Copper Field Project
Naltagua Copper Field Project For personal use only • Located in one of the main copper producing belts of Chile • Close to infrastructure (75km from port of San Antonio) • Mining Leases (18.05km2) • Option to Purchase (exercisable Sept 2015 - $3.8M) • Historical Mining Centre (1905 to 1945) • 75% o
Slide 8: Naltagua Copper Project Location
Naltagua Copper Project Location For personal use only South America Map Area Chile El Soldado Mine Anglo American 200Mt at 1.35% Cu El Teniente Mine Naltagua Copper District CODELCO Equus Mining Limited World’s Largest Cu-Mo Deposit 7
Slide 9: Naltagua: Big copper footprint (4km by 2km)
Naltagua: Big copper footprint (4km by 2km) For personal use only Yerba Project Historic Yerba Mine Araya Project Naltagua Copper System Equus Option Area Copper Occurrence 2km 8
Slide 10: Premium sulphide concentrate
Premium sulphide concentrate For personal use only Copper Sulphide (Bornite) Metallurgical Sample Site Metallurgical test work conducted by Equus • 30kg ALS Ammtec, Sydney • Premium sulphide concentrate (41% Cu, 463g/t Ag) • +75% recovery in partially oxidised ‘ore’ (considerable upside) • Silver (A
Slide 11: 1200 metre-long target zone at Yerba
1200 metre-long target zone at Yerba Yerba Project area For personal use only target defined by Stage 1 Drilling Area channel sampling & IP 33m @ 0.88% Cu 48m @ 1.35% Cu Yerba Workings 60m @ 0.39% Cu 55m @ 0.27% Cu 10m @ 1.73% Cu 20m @ 0.52% Cu High Resistivity (Geophysical Anomaly) Surface Rock Cha
Slide 12: Initial drilling yields results
EOH: 325.6m Initial drilling yields results Drill Section 6260 775N • Stratabound, Manto-type copper mineralization For personal use only • Hosted in vesiculated & brecciated andesite of the Lower Cretaceous Prado Formation • All five holes intersected variable widths and grades of oxide & sulphide
Slide 13: Drill results 300m along strike
Drill results 300m along strike Drill Section 6261 065N • Hole 7 (YB-007-D) intersects significant shallow For personal use only copper mineralization including: 8.0m at 0.67% Cu 5.0m at 1.25% Cu 5.5m at 1.40% Cu 21.3m at 1.23% Cu 13m at 0.19% Cu • Surface outcrop 35m at 0.88% Cu • Holes 1
Slide 14: Second target at Naltagua
Second target at Naltagua For personal use only Araya Project Area Naltagua Copper System Equus Option Area Copper Occurrence 2km 13
Slide 15: All the right signs
All the right signs Araya Project Area For personal use only Araya Project Area 16m @ 1.9% Cu Underground (adit) 20m @ 0.65% Cu Surface Outcrop Hydrothermal Breccia Copper Working (Adit) Copper Occurrence (No Working) Rock Channel Geochemistry (2m & 5m composites) 500m 14
Slide 16: Company Strategy
Company Strategy • Market conditions for juniors has resulted in a change in strategy for EQE For personal use only • Asset market in Chile has lagged the soft equity market by 2 years • Market conditions has created a buyers market in mineral assets • Prices are a fraction of what was common 2 year
Slide 17: Disclaimer & Compliance
Disclaimer & Compliance….. This presentation has been prepared by Equus Mining Limited (“Equus”). 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, though Equus has no re
Slide 18: Chile
For personal use only CHILE www.equusmining.com 17 17