Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — Investor Presentation (September 2021)
15 slides from Zenith Minerals's investor presentation, Sep 14, 2021
Slide 1: Investor Presentation Sept 2021
INVESTOR For personal use only P R E S E N TAT I O N Sept 2021 Zenith on the move – A dozen drill rigs active over the next 4 months* Earaheedy Zinc-Lead Mineralisation – Drill Chips *Planned programs include Earaheedy JV – subject to variation due to COVID, results and equipment availability
Slide 2: Zenith on the move!
Zenith – on the move! Precious & Base Metal For personal use only Inventory Growth Tier 1 Zinc Discovery Targeting “large scale” Aggressive deposits Evaluation 2 Cash + ~12 rigs investments next 4 months $13.8M 55,000m1 New Institutional shareholders *Estimate only - 40,000m Earaheedy JV program & 1
Slide 3: Corporate Structure
Corporate Structure Share Price Capital Structure ASX:ZNC For personal use only Source: CommSec.com.au Share Price (13 Sep 21) $0.235 Shares on Issue - ZNC fully paid ordinary 322.3M Market Capitalisation (13 Sep 21) $76M Cash (5 Aug 21) $7.5M Listed Equities incl. 3m RTR & 44m BHL:LON $6.3M Shares
Slide 4: Base Metal Projects
B A S E M E TA L P R O J E C T S Planned Programs For personal use only Next 4 Months 5 drill rigs Earaheedy Zinc (25% owned) • Major discovery • Drilling & metallurgy will be ongoing • Well funded JV partner - RTR $40m capital raise4 • 40,000m drill program in progress 3 drill rigs Develin Creek Co
Slide 5: Core Gold Projects
CORE GOLD PROJECTS Planned Program For personal use only Next 4 Months 2 drill rigs Red Mountain Gold Project (100% owned) High-grade near surface gold & silver in Zenith’s maiden drill campaign 1 - drilling continuing (13m @ 8.0 g/t Au incl 6m @ 16.7 g/t Au) 3 drill rigs Split Rocks Gold Project (1
Slide 6: Earaheedy Zinc JV
Earaheedy Zinc JV For personal use only • Zenith 25% free carry to end Bankable Feasibility Study • Both parties have pre-emptive right • 5 drill rigs operating currently • Over 20,000 m of a 40,000 m drill program completed • Major suite of assays pending • Appears to be a Tier 1 major SEDEX style
Slide 7: Develin Creek Copper
Develin Creek Copper For personal use only • 3 drill rigs drilling now to assess 8 clearly defined VMS copper targets in a district scale play in central Queensland • Aim to complete the current phase of drilling within 2 months ZDCDD002 29m @ 2.3% Cu, 1.2% Zn, • Objective is to build upon the curre
Slide 8: Split Rocks Gold
Split Rocks Gold Multiple Drill Targets in Multi-Million Ounce District For personal use only • Very fertile proven gold province in Western Australia • Drilling imminent on a 3km mineralised shear zone • Near surface low cost ounces are the target • Aircore, RC & diamond drill programs planned & fu
Slide 9: Red Mountain Gold
Red Mountain Gold For personal use only New Target in Core of Breccia Refer to ASX Release • Intersections include1: 16-Aug-21 for details • 13m @ 8.0 g/t Au & 3.2 g/t Ag • 15m @ 3.5 g/t Au, incl. 2m @ 22.4 g/t Au • 5m @ 10.4 g/t Au, and • 12m @ 4.9 g/t Au • Drilling to date has defined a high-grade
Slide 10: Cowarra Gold
Ownership: Initial 16% – 22.5% Cowarra Gold Location: NSW Commodity: Gold Stage: Drilling • Investment into unlisted entity Oxley Resources For personal use only • Similar Age & Style to major Gold Deposits in Lachlan Orogen • >5km long target zone • Shear hosted, gold-arsenic association • Historic
Slide 11: Our Advanced Projects in the Lifecycle
Our Advanced Projects in the Lifecycle Risks Fluctuating commodity prices Funding risk Technical risk For personal use only HIGH Exploration risk VALUE $ Discovery Speculation Operating Mine Institutional / Strategic Junior Exploration Orphan Period Investment LOW VALUE Earaheedy 25% Zn & Pb Life Cy
Slide 12: Zenith in a nutshell
Right Commodities Right Time For personal use only Right Jurisdiction Focused on High Activity value Levels on Zenith generation , & key partner adding metal projects inventory Zenith in a nutshell One of the most active explorers in the junior ASX mining space 12
Slide 13: Investments
For personal use only Investments 13
Slide 14: www.zenithminerals.com.au
For personal use only www.zenithminerals.com.au 14
Slide 15: 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
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