Zinc Of Ireland Nl · ASX:ZMI
Zinc Of Ireland Nl — Investor Presentation (April 2018)
24 slides from Zinc Of Ireland Nl's investor presentation, April 2018
Slide 1: New Discoveries Transforming Outlook for Irish Zinc Project
ASX Code: ZMI April 2018 New Discoveries Transforming Outlook for Irish Zinc Project
Slide 2: ZMI: Delivering Upside
ZMI: Delivering Upside FIRST 18 MONTHS OF EXPLORATIO! OCKING THE KILDARE PROJECT 2016 2017 2018 SHR See mc JUNE 2017: ZONE OF HIGH GRADE |. GROWTH FAU! a (2325m @ 121% Zn 80.8% Pb)
Slide 3: The Kildare Project: A Target Rich Setting
The Kildare Project: A Target Rich Setting ZMI Poised to Drill Target ID Geochem Structure Rationale Drill Hole >200m AC1 No Data Shallow target, structural setting similar to CT. AC2 Follow up high grade zinc in Allenwood Beds. AC3 Zinc mineralised fault, H/W BoR untested. AC1 AC2 AC3 AC4
Slide 4: Kildare Project
Kildare Project Proven Geology, Proven Location ✦ Sits within the Rathdowney mineralised Trend, ~80km along strike from Lisheen (22.4Mt @ 11.63% Zn & 1.96%Pb). ✦ Lisheen, Galmoy and Kildare all have base of Waulsortian Reef (BoR) mineralisation. ✦ Neighbours include Teck and Vedanta. ✦ 270km2 of hig
Slide 5: Kildare: An Enlightening Past…..a Bright Future
Kildare: An Enlightening Past…..a Bright Future ✦ 30 years of historical exploration, little activity post 1990. ✦ Indications of mineralisation across the project. ✦ Base of Reef (BoR) and structural targets previously overlooked. ✦ Consolidated licence holding for first time. ✦ 7 licenses, 270km2
Slide 6: Kildare Mineralised Block
Kildare Mineralised Block A new focus on previously overlooked structural controls ✦ Fault-bounded block is a good Kildare Mineralised Block setting for Irish-type zinc deposits. ✦ Abundant Waulsortian Reef, principal host of Irish-type deposits. ✦ Favourable structural history. ✦ Consolidation of l
Slide 7: New Focus Delivers First Major Development
New Focus Delivers First Major Development Celtic Tiger; Discovery opens up 4km-long structural platform ✦ Western Margin of Kildare Kildare Mineralised Block Mineralised Block has seen very little exploration. ✦ 4km long structural ‘platform’ with Thick, high-grade mineralisation within 200m of the
Slide 8: Kildare geophysics
Kildare geophysics Fault corridors identified Kildare Mineralised Block Major magnetic anomaly Kildare Project ✦ New structural model: ~E-W regional faults cutting the mineralised block. ✦ These form fault corridors within the mineralised block. 8
Slide 9: Fault Corridors: Zinc Mineralisation Strung Along Corridors
Fault Corridors: Zinc Mineralisation Strung Along Corridors ‘String of Pearls’ D Drill Hole >200m Celtic Tiger Deposit McGregor Shamrock Deposit Deposit C ✦ 3 key corridors – Allenwood, McGregor and Ballyteague. ✦ Historical overburden sampling highlights zinc enrichment along the corridors. ✦ Zinc
Slide 10: McGregor Corridor: the First String of Pearls
McGregor Corridor: the First String of Pearls W Drill Hole >200m E Celtic Tiger Deposit McGregor Shamrock Deposit Deposit ✦3 deposits defined along the McGregor Corridor, additional targets identified. ✦Initial JORC Inferred Resource of 5.2Mt @ 8.6% Zn+Pb. ✦Potential for mineralisation to have devel
Slide 11: Kildare Resource: Considerable Upside Potential
Kildare Resource: Considerable Upside Potential ✦McGregor and Shamrock Scope to extend have both returned thick, Resource to the north MC4 and west high grade intercepts: Kildare Resource ✦23.3m @ 13.5% Zn+Pb McGregor 5.2Mt @ 8.6% Zn+Pb (McGregor) ✦15.7m @ 11.2% Zn+Pb MC2 McGregor Corridor (Shamrock
Slide 12: Allenwood Corridor: The Next String of Pearls?
Allenwood Corridor: The Next String of Pearls? Drill Hole >200m A B Allenwood corridor AC3 AC2 AC4 AC1 Mcgregor corridor MC4 Shamrock Deposit MC1 MC2 MC3 Celtic Tiger McGregor Deposit Deposit ✦ Historical exploration in Allenwood Corridor focused on outdated ‘pipe’ model. ✦ License boundary coincidi
Slide 13: Ballyteague Corridor: Another String of Pearls?
Ballyteague Corridor: Another String of Pearls? Mcgregor corridor Celtic Tiger MC4 Drill Hole >200m Shamrock Deposit Deposit MC1 MC2 MC3 McGregor Deposit BC1 BC2 BC3 BC4 ✦ Sparse historical exploration, some testing of geophysical anomalies. ✦ Geology stepping up to the west similar to Celtic Tiger.
Slide 14: Lisheen's 'Strings of Pearls' (22.4Mt @ 13.6% Zn+Pb)
Lisheen’s ‘Strings of Pearls’ (22.4Mt @ 13.6% Zn+Pb) ✦ Thick (10+m) zinc rich lenses at the Base of Waulsortian Reef. ✦ High Grade and structurally controlled. ✦ Analogous to a strings of pearls. 14
Slide 15: Silvermines' and Tynagh's 'Strings of Pearls'
Silvermines’ and Tynagh’s ‘Strings of Pearls’ ✦ Multiple lenses are a common theme in Irish-type zinc deposits. ✦ In total the ‘pearls’ can add up to significant tonnes. ✦ Lisheen 22.4Mt…Silvermines 10.8Mt….Tynagh 9.0Mt 15
Slide 16: Kildare: Numerous similarities to Irish-Type deposits
Kildare: Numerous similarities to Irish-Type deposits ‘IRISH-TYPE’ SETTING Lisheen Silvermines Tynagh Kildare Sited on Regional ‘Mineralised’ Trend Extensional Tectonics and Basin Formation Proximity to Basin Margin ‘IRISH-TYPE’ GEOLOGY Waulsortian Reef, Principal Target for
Slide 17: ZMI: Paving the Way for an Exciting 2018
ZMI: Paving the Way for an Exciting 2018 ✦ Poised for high-impact drilling campaign ✦ Kildare emerging as a major Irish zinc project. ✦ Initial exploration model produced immediate success: ✦ Thick high-grade zinc, McGregor ‘growth fault’, Celtic Tiger discovery. ✦ New model highlights potential for
Slide 18: Appendices
Appendices ✦ ZMI Snapshot ✦ Corporate Overview ✦ Peer Comparison ✦ Zinc ✦ Ireland ✦ Disclaimer 18
Slide 19: ZMI Snapshot
ZMI Snapshot ✦ Ireland: world’s richest zinc real estate in tonnes/km2 found. ✦ Maiden JORC Inferred Resource published May ‘17: ✦ 5.2Mt @ 8.6% Zn+Pb, including 3.5Mt @ 10.1% Zn+Pb. ✦ 3 drilling programs to date delivering spectacular results, including: ✦ 23.3m @ 13.5% Zn+Pb (McGregor Prospect, Jun
Slide 20: Corporate overview (ASX code: ZMI)
Corporate overview (ASX code: ZMI) Small Market Cap./EV compared to peers; huge leverage to exploration success; no debt; on the brink of transformation Capital Structure DIRECTORS Patrick Corr – Non Executive Chairman Share price (as at 1 April 2018) $0.005 Barrister and Solicitor of the Supreme Co
Slide 21: Zinc, the World's Fourth Most Consumed Metal
Zinc, the World’s Fourth Most Consumed Metal Poised for further price increase ✦ Zinc price broke through $3,500/t January 2018. ✦ LME zinc stockpiles at 12yr lows, deficit of 500,000t in 2017. ✦ Demand continues to grow. ✦ Supply continues to fall. ✦ Continued price strength likely. ✦ Shortage of l
Slide 22: Ireland: A Prized Zinc Jurisdiction
Ireland: A Prized Zinc Jurisdiction ✦ The world’s most fertile zinc real estate (tonnes/km2 found). ✦ Home to large, high-grade zinc mines: ✦ Navan, Lisheen, Galmoy, Tynagh. ✦ The world’s 10th largest zinc producer. ✦ Stable, mining-friendly government with low corporate taxes. ✦ Rail and port infra
Slide 23: Peer Comparisons: Considerable Leverage to the Upside
Peer Comparisons: Considerable Leverage to the Upside ✦ Lowest EV despite 566,000t of contained metal. ✦ Low valuation offers significant upside potential ✦ Current in-ground zinc resources undervalued base on EV of AUD $9.54 per tonne of zinc . Disclaimer; ZMI contained zinc based on the JORC Infer
Slide 24: Disclaimer
Disclaimer The following disclaimer applies to this presentation and any information provided regarding the information contained in this presentation. You are advised to read this disclaimer carefully before reading or making any other use of this presentation or any information contained in this p
Zinc of Ireland NL — Investor Presentation (April 2018) on 6ix