Nt Minerals Limited · ASX:NTM
Nt Minerals — Investor Presentation (July 2020)
21 slides from Nt Minerals's investor presentation, Jul 7, 2020
Slide 1: Investor Presentation: Growth Through Exploration
Investor Presentation Growth Through Exploration July 2020
Slide 2: Disclaimer
Disclaimer Disclaimer The information in this document has been prepared as of June 2019. The document is for information purposes only and has been extracted entirely from documents prior materials publicly filed with the Australian Securities Exchange and/or the Australian Securities and Investmen
Slide 3: Corporate Snapshot
Corporate Snapshot Capital Structure (ASX:NTM) Major Shareholders Board, 5% Share price $/sh 0.084 Remainder, 35% Shares on Issue (m) 683.9m DGO, 14% Unlisted Options (March 2022, 10c) (m) 60.0m Market Capitalisation (A$m) $57.4m Empire Resources Group, 13% Cash (30 June 2020) (A$m) $6.7m Debt (30 J
Slide 4: Directors & Management
Directors & Management Board of Directors • Prominent Perth businessman with 40 years’ experience in management. Extensive knowledge of the capital markets and has well-established Edward Van Heemst mining industry networks. Currently the Managing Director of Vanguard Press, a non-executive Director
Slide 5: Redcliffe Gold Project
Redcliffe Gold Project 5
Slide 6: Project Overview
Project Overview Redcliffe Gold Project (100% NTM): • Maiden Hub Resource of 141koz @ 4.9g/t1 • 679koz1 resource with substantial upside & large areas untested • High grade oxide mineralisation close to surface at Hub & GTS • Exploration Target of 1.4Moz to 2.2Moz2 (including existing Resource) Stra
Slide 7: Mertondale Shear
Mertondale Shear • NTM owns 100% of the Redcliffe Project in WA, which is centred on the highly prospective Mertondale Shear Zone – Mertondale Shear Zone (MSZ) is a major gold-rich fluid pathway – Multiple deposits discovered to date • Almost 40km strike within the Redcliffe Project, containing key
Slide 8: Ineffective Historic Exploration
Ineffective Historic Exploration All drilling N • Historic exploration at Redcliffe has been limited to shallow depths GTS Bindy Hub Nambi Aliso (predominantly less than 50m) • Large areas remain untested Kelly • As evidenced by the Hub discovery, c.40km significant potential remains to Drilling dee
Slide 9: Hub: High Grade Growth Prospect
Hub: High Grade Growth Prospect • Discovered October 2018 via aircore drilling • High grade oxide close to surface • Maiden Mineral Resource Estimate: – 890,250kt @ 4.9 g/t Au for 140,822koz Au1 • Oxide component is 42,946koz @ 6.6g/t to 80m depth • Open at depth and along strike N Hub 1: See Append
Slide 10: Hub: Maiden Resource
Hub: Maiden Resource • Oxide material near surface contains high grade ounces • Open at depth and along strike • Highest grade deposit within the Redcliffe Gold Project Hub Resource Block Model: Blocks coloured by Gold Grade Maiden Hub Mineral Resource Estimate – Inferred, 0.5g/t cut-off1 Material T
Slide 11: Hub: Long Section
Hub: Long Section • Remains open in a number of directions • Extensional RC and diamond drilling to commence soon North Southern Depth extensions plunge 11
Slide 12: Hub: Preliminary Met Testwork
Hub: Preliminary Met Testwork • Initial cyanide leach work using LeachWell process averaged 96.2% recovery: Diamond core from 20RDD001: 0.2m @ 468g/t from 61.9m o Oxide – 97.3% o Transitional – 96.5% o Fresh – 94.1% • Can be treated by normal cyanidation methods (i.e. not refractory) • High grades n
Slide 13: Hub & GTS Resources
Hub & GTS Resources Indicated and Inferred JORC Resource at 0.5g/t lower cut off1 Oxide Transitional Fresh Total Deposit kT g/t Au kOz Au kT g/t Au kOz Au kT g/t Au kOz Au kT g/t Au kOz Au Hub (2020) 201.8 6.6 42.9 133.1 4.1 17.7 555.4 4.5 80.2 890.3 4.9 140.8 GTS (2018) 456.9 2.2 31.7 452.3 1.9 27.
Slide 14: Current Exploration
Current Exploration • Mineralisation found along entire strike of MSZ within Redcliffe tenements • Current aircore: – Large program testing targets multiple targets within the MSZ – Following up historic hits, untested structures and conceptual targets – Wells Group • Follow up RC & Diamond soon: –
Slide 15: Wells Group Acquisition
Wells Group Acquisition • Large area of 426km2 • More than doubles NTM’s land position to +720km2 • Very prospective, however, very little historic exploration • Contains northern extent of Mertondale Shear Zone • Crosscut by multiple regional structures • Early stage greenfield’s opportunity • At l
Slide 16: Strategic Value
Strategic Value • NTM’s strategy is to build economic gold Resources via exploration at Redcliffe • Increasing Resource scale will enhance value and scope for project monetisation • Significantly, there are four processing plants in the region providing: – Potential demand for more (oxide) ore – Reg
Slide 17: 2020 Focus
2020 Focus • Drilling – Most of the year will be spent drilling – Large aircore program underway • Mertondale Shear Zone targets • Wells Group – RC & Diamond follow up at Hub, GTS & other Prospects • Company is well funded with $7m in cash 17
Slide 18: Appendix I: JORC Resource
Appendix I: JORC Resource Redcliffe Gold Project JORC Resource at 0.5g/t lower cut off1 Indicated Inferred Total Deposit kT g/t Au kOz Au kT g/t Au kOz Au kT g/t Au kOz Au Hub (2020) 890.3 4.9 140.8 890.3 4.9 140.8 GTS (2018) 1,050.7 1.9 65.2 1,785.6 1.3 73.1 2,836.3 1.5 138.4 Kelly (2018) 3,065.9 0
Slide 19: Appendix II: Exploration Target
Appendix II: Exploration Target • Independent assessment of Redcliffe Gold Project1 – Prepared by Dr James Lally Low 14.38 Mt @ 1.8g/t for 0.84Moz High 21.55 Mt @ 2.5g/t for 1.70Moz Excludes current resource of: 13.42 Mt @ 1.6g/t for 0.68Moz2 Note: The upper and lower grades of the Exploration Targe
Slide 20: Appendix III: Recent Announcements Pertaining to Exploration
Appendix III Recent Announcements Pertaining to Exploration 12-May-2020 Maiden Hub Resource of 141koz 27-April-2020 Positive Maiden Leach Tests for Hub 22-April-2020 Redcliffe Drilling Update 15-January-2020 High Grades Continue at Hub, Strike Increased Again 2-December-2019 Outstanding Results from
Slide 21: Contacts
Contacts Andrew Muir Managing Director Email: amuir@ntmgold.com.au Phone: +61 8 9481 6666