Zinc Of Ireland Nl · ASX:ZMI
Zinc Of Ireland Nl — Investor Presentation (August 2019)
19 slides from Zinc Of Ireland Nl's investor presentation, August 2019
Slide 1: The Kildare Zinc Project
ASX Code: ZMI August 2019 Recent Inferred Resource – 9.0Mt @ 9.5% Zn+Pb The Kildare Zinc Project Advanced Exploration Project Delivering in 2019
Slide 2: The Project, Team and Plan to Progress Development
The Project, Team and Plan to Progress Development • Located in established zinc mining province with existing infrastructure • Recently completed JORC Inferred Resource of 9.0Mt @ 9.5% Zn+Pb for 859,000 tonnes of contained Zn+Pb • New discovery potential and immediate resource growth opportunity •
Slide 3: Corporate Overview
Corporate Overview TICKER SHARES ON ISSUE OPTIONS ON ISSUE MARKET CAPITALISATION CASH AT BANK3 ASX: ZMI 121.5 million 83 million ~A$11 million >A$3 million • Positioned with a strong share register including Board & significant insider & institutional ownership Related Parties (14%) • Fully funded 2
Slide 4: Experienced and Proven Board of Directors
Experienced and Proven Board of Directors Richard Monti Patrick Corr Julian Barnes Adrian Goldstone Thomas Corr Chairman Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Corporate geologist with Corporate lawyer with Geologist with over 37 In excess of 35 years
Slide 5: Ireland – The World’s Most Prospective Zinc Region
Ireland – The World’s Most Prospective Zinc Region RANKED FIRST IN THE WORLD FOR ZINC DISCOVERED PER KM2 • 50 years of exploration has resulted in the discovery of >25 deposits containing +20Mt of Zn metal • Majors presently exploring and mining include Boliden, Teck & Glencore Year of Grade % Depos
Slide 6: Ireland: A Place Where Zinc Mines are Built
Ireland: A Place Where Zinc Mines are Built • Established mining industry • Home to Europe’s largest Zn mine in operation since 1977 - Boliden’s Tara Mine • Grid power, roads, railways & ports • Modest cost profiles, skilled local workforce • Numerous smelters within Europe • 25% corporate tax rate
Slide 7: The Kildare Project
The Kildare Project THE RATHDOWNEY TREND – THE HOME OF PROFITABLE ZINC MINES • The Kildare Block (272km2), contiguous and prospective land Kildare Block package within the Rathdowney Trend • Focus on the Allenwood Graben (within the Kildare Block) which hosts an inferred resource of 9.0Mt @ 9.5% Zn+
Slide 8: The Allenwood Graben
The Allenwood Graben > 850,000 TONNES OF CONTAINED ZINC & LEAD……..SO FAR • Centrepiece of the Kildare Block • Large hydrothermal system with widespread mineralisation • Multiple zones of mineralisation starting near surface with over 500m of vertical extent • Only <20% of all drilling has tested the
Slide 9: Allenwood Graben: Mineralisation Model
Allenwood Graben: Mineralisation Model Supra-reef: Upper pelsparite Supra-reef Micrite Supra-reef: Basal pelsparite Metal rich and slightly acidic Waulsortian reef: hydrothermal fluid derived Stromatactic limestone from basement are channeled up pre- and syn-sedimentary faults and spread laterally a
Slide 10: JORC Inferred Resource – 9.0Mt @ 9.5% Zn+Pb
JORC Inferred Resource– 9.0Mt @ 9.5% Zn+Pb 8.2% Zn & 1.3% Pb at 5.5% ZnEq Cut-Off1 Isometric view of the McGregor and Shamrock with 5% ZnEq (transparent red) and 10% ZnEq (solid pink) grade shells • Multiple zones of mineralisation from near surface for ~500m of vertical extent • Main zones include
Slide 11: > 850,000 Tonnes of Contained Zinc & Lead
> 850,000 Tonnes of Contained Zinc & Lead Resource distribution graph subdivided by 10m RL increment for McGregor and Shamrock, based on a 5% ZnEq cut off grade • Most mineralisation in base of reef • Significant mineralisation at shallower depths • Shallower mineralisation would improve project eco
Slide 12: Exceptional Metallurgy Performance Confirmed
Exceptional Metallurgy Performance Confirmed Zinc concentrate: • 96% recovery of Zn to concentrate • 56% Zn in concentrate • Minimal Pb in Zn concentrate Lead concentrate: • Minimal deleterious elements in either concentrate • 86% recovery of Pb to concentrate • Standard differential flotation/stand
Slide 13: McGregor-Shamrock: Additional Exploration Upside
McGregor-Shamrock: Additional Exploration Upside Drill hole testing ‘base of reef’ Phase 2 Target Areas Zoomed plan of Allenwood Graben with McGregor & Shamrock grade shells in pink and red shading • Significant extension upside between McGregor and Shamrock • Phase 2 drilling to target resource add
Slide 14: Allenwood Graben: Additional Discovery Potential
Allenwood Graben: Additional Discovery Potential Phase 1 Target Areas Isometric view with the base of Waulsortian reef surface in light blue within each fault block, along with the bounding structures • ~40 fault compartments outside of McGregor/Shamrock zones – all with zinc discovery potential • L
Slide 15: Additional De-Risking Activities
Additional De-Risking Activities Metallurgical Testwork ✓ Excellent recoveries and concentrates produced JORC Resource Update ✓ 9.0Mt @ 9.5% Zn+Pb, for a total of 859,000 tonnes of contained Zn + Pb Environmental Baseline ❑ Establish EIA-related baseline requirements ❑ Commence pre-development footp
Slide 16: Reasons To Invest
Reasons To Invest • EXISTING ZINC RESOURCE – reduces the exploration risk threshold; growth potential • EXPLORATION DRILLING ONGOING – testing for additional zones of mineralisation • EXCELLENT METALLURGY – high quality zinc and lead concentrates produced • PROJECT DE-RISKING – parallel activities t
Slide 17: Appendix: Additional Information McGregor & Shamrock Inferred Resources
Appendix: Additional Information McGregor & Shamrock Inferred Resources Table 5 McGregor and Shamrock Grade-Tonnage Report Subdivided by key lithostratigraphic unit MCGREGOR SHAMROCK COMBINED ZnEq Cutoff Mt Zn% Pb% Zn%+Pb% Zn kt Pb kt UPPER CARBONATE-DOMINATED ZONE Mt Zn% Pb% Zn%+Pb% Zn kt Pb kt Mt
Slide 18: Disclaimer
Disclaimer The following disclaimer applies to this presentation and any information provided regarding the information contained in this presentation. You are advised to read this disclaimer carefully before reading or making any other use of this presentation or any information contained in this p
Slide 19: Competent Person’s Statements
Competent Person’s Statements The information in this report that relates to exploration results is based on information compiled by Mr. Sean Hasson, a Competent Person who is a Member of the Australian Institute of Geoscientists. Mr. Hasson is Zinc of Ireland NL’s Exploration Manager. Mr. Hasson ha
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