Vital Metals Ltd · ASX:VML
Vital Metals — Investor Presentation (September 2016)
16 slides from Vital Metals's investor presentation, Sep 7, 2016
Slide 1: Ready to rise: Drilling for gold in Burkina Faso
Ready to rise: Drilling for gold For personal use only in Burkina Faso Meet the Vital team Major new program underway at Booth 48 Extensive gold corridor ASX: VML Bonanza grades up to 60g/t Au
Slide 2: Forward looking statements
Forward looking statements Certain written statements contained or incorporated by reference in this presentation, including information as to the future financial or operating performance of the Company and its projects, constitute forward-looking statements. All statements, other For personal use
Slide 3: High-impact gold exploration underway
High-impact gold exploration underway ~2,000m Reverse Circulation drilling program underway at Kollo Gold Project, For personal use only Burkina Faso Previous drilling at Kollo has returned bonanza hits including: 5m @ 60.36g/t Au from 75m; 4m @ 18.71g/t Au from 76m. Kollo is located in th
Slide 4: Corporate snapshot
Corporate snapshot X Structure (ASX:VML) Capital Top 10 Shareholders For personal use only Share price (5 Sep 2016) A$0.020 per share Shares on issue 593.7 million Market capitalisation A$11.8 million Options on Issue 91.7 million Cash A$2.2 million* Debt A$3 million Enterprise value A$12.5 millio
Slide 5: Why Burkina Faso?
Why Burkina Faso? Presidential Democracy since 1990 For personal use only Rule of Law, rising standard of living. Transparent mining code based on WA Mines Act 70,000 sq km of Birimian Greenstone Belts Significant potential for growth in gold resources Mining and geological support servi
Slide 6: The Right Address
The Right Address 100% ownership of For personal use only three tenements A premier gold address Advanced project at Kollo with exploration drilling along 6km strike length of gold in soil mineralisation Significant opportunity to increase extents of known mineralisation with further drillin
Slide 7: A Major Emerging Gold System
A Major Emerging Gold System For personal use only Multiple untested gold targets Kollo and Kollo Extensions Kollo South-west Kollo Central Kollo North-east Regional Boungou South ADB / Cassava Eastern Boundary North & South Tangassougou Attractive Zinc prospects Investor Prese
Slide 8: Kollo Project – High-Grade Mineralisation
Kollo Project – High-Grade Mineralisation Advanced exploration project with For personal use only high grade gold mineralisation from surface: 5m @ 60.36g/t from 75m including 2m @ 128.5g/t (KRC260) 15m @ 7.78g/t from 105m including 1m @ 59.76g/t (KRC255) 31m @ 3.19 g/t from 34m (KRC019) M
Slide 9: Kollo Trend – Active Drilling Program
Kollo Trend – Active Drilling Program 8 DD holes drilled for 1,214m For personal use only 2,000m RC drilling underway Focus on extending the limits of known gold mineralisation All results reported previously 25/5/2010, 24/3/2011, 9/6/2011, 3/8/2011, 30/1/2012, 20/2/2012, 29/3/2012. This infor
Slide 10: Kollo Trend – Gold Exploration Upside
Kollo Trend – Gold Exploration Upside For personal use only Auger program is planned to test Kollo Extensions and Eastern Boundary targets in the dry season All results reported previously 25/5/2010, 24/3/2011, 9/6/2011, 3/8/2011, 30/1/2012, 20/2/2012, 29/3/2012. This information was prepared and fi
Slide 11: Burkina Faso – Regional Gold and Zinc
Burkina Faso – Regional Gold and Zinc Boungou South Gold Prospect located 6km to Highly prospective for VMS style mineral For personal use only the south east of Kollo Project deposits. Drill-ready targets with ore grade intercepts including: Encouraging first pass RC drill results include:
Slide 12: Queensland Exploration – Gold and Copper
Queensland Exploration – Gold and Copper Elephant Creek gold prospect (EPM 19089) For personal use only 2,000m Reverse Circulation drilling program just announced Historic 1980’s era drilling has reported encouraging intercepts: GABP019 4m @ 14.5g/t from 12m CRC35 15m @ 2.70 g/t from 26m
Slide 13: Queensland – Watershed Tungsten Project
Queensland – Watershed Tungsten Project DFS completed, fully permitted, 100% For personal use only owned Reserves of 21.5Mt at 0.15% (31,000 tonnes WO3) 2.5Mtpa open pit operation, 10-year life Simple mining with ore from surface, low strip ratio, mineralisation is visual Simple metallurgy
Slide 14: Conclusions
Conclusions Highly leveraged to strong gold market environment For personal use only Kollo Gold Project, Burkina Faso: outstanding address, known high- grade mineralisation in a highly prospective ground package Drill rig on ground with 2,000m RC drilling program underway at Kollo in Burkina F
Slide 15: Competent Person’s Statement
Competent Person’s Statement The information that refers to Mineral Resources in this presentation was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not materially For personal use only cha
Slide 16: Cautionary Statement
Cautionary Statement The Definitive Feasibility Study (DFS) referred to in this presentation is based on a Proved and Probable Ore Reserve derived from a Measured and Indicated Mineral Resource, plus a small proportion of mining inventory, which comprises material that is For personal use only curre
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