Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — Investor Presentation (February 2020)
17 slides from Zenith Minerals's investor presentation, Feb 25, 2020
Slide 1: ASX:ZNC Non-Deal Roadshow March 2020
Maiden drilling of exciting new gold target in Queensland Drilling high-order gold targets in >10moz district Western Australia Rapidly evolving new REE play in Wyoming USA Partner funded drilling on WA zinc project & Turkish gold project ASX:ZNC Non-Deal Roadshow – MLB - SYD 3-6 March 2020 www.zeni
Slide 2: Why Zenith?
Why Zenith? 1. Zenith today provides shareholders access to a focused, high impact gold, battery and base metals exploration program intended to maximise and leverage shareholder equity. 2. An experienced and shareholder aligned management team with over 100 years technical experience. 3. Quality po
Slide 3: Summary: Drilling projects 1st half 2020
Summary Drilling 4 projects - 1st half 2020* First holes into newly discovered gold target Red Mountain - QLD Drilling high-order gold targets Split Rocks - WA Metallurgical testwork Laramie REE Project WY – USA Partner Drilling Kavaklitepe Gold discovery – Turkey Partner Drilling Earaheedy Zinc dis
Slide 4: Corporate Structure
Corporate Structure ZNC Share Price Capital Structure Source: CommSec.com.au Iron Ore Boom Share Price (21 Feb 20) $0.052 Shares on Issue - ZNC fully paid ordinary 243m Lithium Boom Market Capitalisation $13m Cash (31 Dec 19) $1.5m Listed Equities 4.51m RTR Shares (20 Feb 19) $0.37m Major Shareholde
Slide 5: Our Focus is Discovery
Our Focus is Discovery 100% Owned Projects – “Company maker size targets” ZNC drilling two projects H1/2020
Slide 6: Red Mountain Gold
Ownership: 100% Red Mountain Gold Location: QLD Commodity: Gold & Silver Stage: Prospect Newly discovered high-calibre drill target1 • 800m long high-order gold anomaly: soils 2.2g/t Au, 1.6 g/t Au, 1.3 g/t Au, 0.56 g/t Au, 0.33 g/t Au • Gold in rocks to 2.0 g/t Au & 114 g/t Ag (silver); • Previousl
Slide 7: Split Rocks Gold
Ownership: 100% Split Rocks Gold Location: WA Commodity: Gold & Lithium Stage: Drilling >10Moz Au gold district Historic results2: • 6.0m @ 16.91 g/t Au • 2.0m @ 32.73 g/t Au • 2.0m @ 16.53 g/t Au • 2.0m @ 15.40 g/t Au Recent ZNC results2: • 10m @ 2.20 g/t Au (incl 6m @ 3.32 g/t Au) • 5m @ 3.23 g/t
Slide 8: Split Rocks Lithium
Ownership: 100% Split Rocks Lithium Location: WA Commodity: Gold & Lithium Stage: Prospects Next Steps: Surface sampling continuing H1/2020 Dulcie pegmatite 80m Anomalous lithium in RC holes Rock sample 0.39%Li20 On doorstep of world class lithium deposit Major strategic ground holding adjacent to W
Slide 9: Laramie REE - WY USA
Ownership: 100% Laramie REE - WY USA Location: WY-USA Commodity: Rare Earths Stage: Prospects Excellent Location 30km to Interstate 35km to Rail Abundant low-cost commercial electricity Multiple existing major mining operations Local engineering and construction companies Widespread surface REE mine
Slide 10: Laramie REE - WY USA
Ownership: 100% Laramie REE - WY USA Location: WY-USA Commodity: Rare Earths Stage: Prospects Large scale at surface REE target Next Steps: Further metallurgical test work Metallurgy is key to projects potential Non-magnetic Concentrate (very low REE content) – 73% of mass Approx. 0.6mm Allanite Mag
Slide 11: Our Focus is Discovery: Partnered Projects
Our Focus is Discovery Partnered Projects – “A free option paid for by others” Increased Spending Increasing Chance of Success Sharing Risk Partners drilling two projects H1/2020
Slide 12: USA Lithium JV
USA Lithium JV Zenith Bradda Head Ltd Location: Commodity: 45% initial 55% USA Lithium Stage: Resource Bradda Head Zenith Bradda JV manager US$5M free carry on BH JV Head Spending US$5M on 5 lithium Zenith 5 USA lithium projects in JV with Spending projects in JV with 45% Bradda Head US$5M for Befor
Slide 13: Kavaklitepe Gold
Ownership: ~23% Location: Turkey Kavaklitepe Gold Commodity: Stage: Gold Drilling ~30km south west of major new 3Moz gold mine Sogut (Koza) 2019 drilling: 20m @ 15.6 g/t Au, 16m @ 4.7 g/t Au, 36m @ 2.1 g/t Au, 44m @ 1.9 g/t Au1 Joint Venture with Turkish affiliate of Teck ~77% / 23%, option to dilut
Slide 14: Earaheedy Zinc
Ownership: 25% Free carry to BFS Location: WA-Aus Earaheedy Zinc Commodity: Stage: Zinc Drilling Discovery of shallow, flat-lying sandstone hosted zinc-lead in 2 areas 10km apart. Results incl: 11m @ 4.13% Zn+Pb, 12.8 g/t Ag from 61m Next Steps: Partner funded step-out drilling H1/2020 Exploration T
Slide 15: Newsflow
Newsflow Drilling at 3 gold and 1 zinc project in 1st half 2020 Red Mountain Gold Project – QLD (100%) RC Drilling planned March 2020 – fully permitted Split Rocks Project Gold & Lithium Project – WA (100%) - Drill campaign planned to test multiple gold targets H1/2020 - Lithium targets adjacent to
Slide 16: Disclaimer & JORC Statements
Disclaimer & JORC Statements Forward looking statements Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties that could cause actual results to differ from estimated results. Forward-looking statements include e
Slide 17: World REE Projects Size and Grade
World REE Projects Size and Grade Source: http://www.techmetalsresearch.com/ metrics-indices/tmr-advanced-rare- earth-projects-index/ updated where new information available by Zenith 29-05-2019 from Company ASX reports and from SEDAR for TSX listed entities .
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