Locality Planning Energy Holdings Limited · ASX:LPE
Locality Planning Energy — Stratum Metals — Investor Presentation (June 2014)
17 slides from Locality Planning Energy's investor presentation, June 2014
Slide 1: The East Menzies Goldfield
JUNE 2014 THE EAST MENZIES GOLDFIELD ‘AIMING FOR EARLY GOLD PRODUCTION 1st QTR 2015’ www.stratummetals.com.au ASX:SXT
Slide 2: Disclaimer
DISCLAIMER This presentation may contain certain forward looking statements and projections regarding: • estimated, resources and reserves; • planned production and operating costs profiles; • planned capital requirements; and • planned strategies and corporate objectives. Such forward looking state
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT $AUD Share Price1 $0.013 Total Shares on Issue2 121,422,277 Options3 12,850,000 Convertible Notes4 1,350,000 Market Cap1,5 $1.58 million Cash6 $355,000 (1) Last sale price 28 May 2014 (2) An additional 1,666,667 shares, part of a placement at 3 cents per share, announced to ASX on
Slide 4: Breadth and Depth of Experience
BREADTH AND DEPTH OF EXPERIENCE BOARD RECENTLY REORGANIZED STRENGTHENING CORPORATE, TECHNICAL & OPERATIONAL SKILLS ANDREW PIERCE - FCA – NON-EXECUTIVE CHAIRMAN A highly accomplished and regarded accountant who has served on the boards of significant unlisted & private companies. He has been in priva
Slide 5: East Menzies Goldfield Project (EMGP)
EAST MENZIES GOLDFIELD PROJECT (EMGP) N • Focussed strategy aiming for early gold production (1st Qtr 2015), via toll treating (subject to positive economic evaluation and approvals), initially from shallow targets in and around former open cut mines • Significant exploration upside potential identi
Slide 6: EMGP Exploration Potential
EMGP EXPLORATION POTENTIAL 2013 FIELDWORK HIGHLIGHTS BROADER GOLD POTENTIAL • Excellent potential to continue/expand production from both open cut and underground targets • G-VAN Project good shallow drilling results announced by Stratum in 2013/14 support geology model and strategy aiming for early
Slide 7: New Direction in an Historic Goldfield
NEW DIRECTION IN AN HISTORIC GOLDFIELD • Strategy aiming for early gold production with an objective to apply funds generated to aggressive EMGP exploration programme to allow continued/expanded production • Initial focus in and around Granny Venn/Auntie Nellie former open cut mines (G-VAN Project).
Slide 8: G-VAN Project
G-VAN PROJECT • Potential for extensions to mineralisation to west plus along strike in both directions • Known unmined mineralisation in pits • Gold production from G-VAN as recently as 1999. Recent production summary: – 534Kt @ 3.42g/t Au (approx. 60k ozs Au) • Shallow Open Cuts (30m to 50m) – ena
Slide 9: G-VAN Project – Existing Infrastructure
G-VAN PROJECT – EXISTING INFRASTRUCTURE EXISTING INFRASTRUCTURE SUPPORTS STRATEGY • On site infrastructure (haul roads, dumps etc) exists from earlier mining at G-VAN Project • Easy access to existing infrastructure in the Kalgoorlie, Leonora and Laverton region including highway, road, rail and gas
Slide 10: EMGP Exploration Upside Example – Goodenough
EMGP EXPLORATION UPSIDE EXAMPLE – GOODENOUGH • Potential for underground mining at good grades • Previous operators reported a JORC classified resource in 2004 based on 186 holes for 11,071 m across a 400m x 800m area • New focus testing high grade gold shoot model, supported by review of past work
Slide 11: Entitlements Issue - Offer
ENTITLEMENTS ISSUE - “OFFER” • Renounceable pro-rata entitlement issue of 5 new shares for every 2 existing shares at an issue price of 1 cent per new share • Plus 1 free attaching option exercisable at 2 cents on or before 31 December 2015, for every 2 new shares issued • Shareholders can apply for
Slide 12: Use of Funds – Min. & Max.
USE OF FUNDS – Min. & Max. Area Activity Minimum Maximum G-VAN Project – Stage 1 Geochemistry $50,000 Drilling $200,000 Scoping Study $75,000 Project management $160,000 $485,000 G-VAN Project – Stage 2 Mine planning $50,000 Permitting $100,000 Mobilisation $150,000 Project management $100,000 $400,
Slide 13: Key Risks
KEY RISKS • Funding risks – Raising the Minimum Subscription will reduce the Company’s liability under the Convertible Notes by $845,000 and provide working capital. However, the Company will not have funds for exploration, and further funding will be required. • Exploration risks – Whilst explorati
Slide 14: Post Issue – Corporate Structure
POST ISSUE – CORPORATE STRUCTURE PROFORMA – Max. (Fully subscribed) Share Price1 $0.01 Total Shares on Issue2 424,977,970 Options3 164,727,846 Convertible Notes⁴ - Market Cap1,5 $4.25 million Cash6 $1,594,000 (1) Offer price (2) Plus an additional 1,666,667 shares, part of a placement at 3 cents per
Slide 15: Upcoming Milestones
UPCOMING MILESTONES MILESTONES FROM WORK PROGRAM Q2 2014 Q3 2014 Q4 2014 Q1 2015 • Rights Issue • 1,500m RC drilling • Announce results of • Mine planning & • Extend and detail programme at G-VAN G-VAN Scoping permitting cont. MMI at G-VAN • Announce drill Study • Mobilisation • Announce Target resu
Slide 16: Contact
CONTACT John Shepherd Address: Level 5, 10 Market Street, Non-Executive Director Brisbane Queensland Australia 4000 (0418) 201 777 Ph (07) 3212 6230 Email info@stratummetals.com.au Duncan Cornish www.stratummetals.com.au Company Secretary/CFO (07) 3212 6230 “To actually consolidate that whole struct
Slide 17: Footnotes
Footnotes Further information related to data/results discussed in the presentation, referenced with footnote numbers, can be accessed via the announcements section of the Stratum Metals Ltd website http://www.stratummetals.com.au/announcements/ as follows: 1. Further details of shaft spoil sampling