Impact Minerals Limited · ASX:IPT
Impact Minerals — Africa DownUnder Conference 2010
19 slides from Impact Minerals's conference presentation, Sep 2, 2010
Slide 1: Presentation to Africa DownUnder Conference
Market Cap ASX ANNOUNCEMENT A$13.5 m ($0.115 p/s) ASX: IPT For personal use only Date: 2 September 2010 Number: 151/020910 Issued Capital 117,403,328 IMPACT MINERALS LIMITED PRESENTATION TO AFRICA DOWNUNDER CONFERENCE Attached is a copy of a presentation to be delivered by Dr Mike Jones to the Afric
Slide 2: Dr Michael Jones - Managing Director
For personal use only Dr Michael Jones ‐ Managing Director
Slide 3: Investment Highlights
Investment Highlights For personal use only 932,000 sq km exploration portfolio in Botswana with world class uranium exploration potential: up to 18,000 m drill programme in progress: • 400 km of strike of uranium prospective rocks north and south of A‐Cap’s large Letlhakane Uranium Project, which i
Slide 4: Corporate Overview
Corporate Overview For personal use only ASX Code IPT Issued Shares 117 million Options 8 million Market Cap (at 17 cents) $17 million Cash (30 June) $5.8 million Debt nil Enterprise Value $12 million 3
Slide 5: Project Locations
Project Locations For personal use only Botswana – Uranium Australia – Uranium, Nickel and Gold Botswana Uranium Project Killarney Drummond West Quinns Lake Drummond East Clermont 500 km Yarrabubba Moly King Southern Africa – Platinum Group Metals and Nickel 4
Slide 6: Why Botswana?
Why Botswana? For personal use only • Ranked No. 1 in Mining in Africa by Fraser Institute 2009; • Excellent access and infrastructure; • Very long record of political and macroeconomic stability; • 43% of GDP in mining; 5
Slide 7: Botswana Uranium
Botswana Uranium For personal use only • 100% Impact; • Tenements totaling 32,000 sq km with 450 km strike of highly prospective Karoo host rocks; Sua • Largest uranium landholding in Botswana; 10,000 m • Further tenements pending; • Tenements are north and south of A‐Cap’s 158 Mlb* Letlhakane‐Serul
Slide 8: No Exploration 1970's-2006
No Exploration 1970’s‐2006 For personal use only Letlhakane (116 Mlb) Kalahari sand covers much of 116 Mlb U3O8 central Botswana and greatly reduced or obscured radiometric responses. Sand is generally less than 20 m thick. 10 km 7
Slide 9: Lekobolo: Surface Geology
Lekobolo: Surface Geology For personal use only Target Styles: Karoo Host Rocks 116 Mlb U3O8 Letlhakane (A‐Cap) Serule resource analogue 42 Mlb 344 Mt at 152 ppm for 116 Mlb U3O8 (100 ppm cut off) Kayelekera (Paladin) analogue Ore Reserve 12.6 Mt @ 1,053 ppm for 29 Mlb U3O8 (400 ppm cut off) 8
Slide 10: Lekobolo Q1 2010 Drill Results
Lekobolo Q1 2010 Drill Results For personal use only Area of infill drilling • 2009‐2010 Programme: 27 out of 59 holes returned anomalous uranium results • Significant mineralisation defined at eastern end of area tested • 2010 INFILL DRILL PROGRAMME: 2,000 m of infill drilling 9
Slide 11: Lekobolo Q1 2010 Drill Results
Lekobolo Q1 2010 Drill Results For personal use only • Mineralisation occurs at or near surface and extends for 3 km • High grade intercepts occur at contact of mudstone with sandstone and conglomerate 10
Slide 12: Lekobolo: Local high grades
Lekobolo: Local high grades For personal use only XRF PPM U values from INNOVX handheld XRF. 529 191 1319 1346 4656 1079 3220 4193 1335 11
Slide 13: Morolane and Mosolotsane
Morolane and Mosolotsane For personal use only • Soil geochemistry and airborne radiometric data survey has identified numerous targets for follow up work; • Drilling of Karoo‐style targets at Morolane and Mosolotsane has identified modest mineralisation in palaeochannels; • Follow up work along the
Slide 14: Sua: Airborne Radiometric Data
Sua: Airborne Radiometric Data For personal use only Two very large airborne radiometric uranium Area to be drilled anomalies covering 200 sq km Soil sampling results confirm radiometric anomaly eU anomaly 5-15 ppm 13
Slide 15: Sua: Soil Results and Drill Targets
Sua: Soil Results and Drill Targets For personal use only • Soil survey identifies 200 sq km of elevated uranium; • At least 8 targets for further work; • Open to north and south; and • Further soil surveys being planned. Area to be drilled • September DRILL PROGRAMME of 10,000 m aircore 14
Slide 16: Ikongwe and Shosong: Calcrete channels
Ikongwe and Shosong: Calcrete channels For personal use only Yeelirrie Analogue: 56,000 t U3O8 • Soil survey identifies at least 8 large targets for further work; • Open to north; • Field checking and further soil surveys being planned; • Drill testing ASAP. 10 km 15
Slide 17: Impala Platinum Alliance
Impala Platinum Alliance For personal use only Impala Platinum Alliance – partnering with the world’s second largest platinum producer • Impala Platinum is funding project generation activities in 8 southern African countries over at least two years for a total investment of US$800,000 renewable; •
Slide 18: Summary & Investment Highlights
Summary & Investment Highlights For personal use only 932,000 sq km exploration portfolio in Botswana with world class uranium exploration potential; 910,000 m drill programme to start September with follow‐up drilling in October‐November; 9A Strategic Alliance with Impala Platinum to identify PGE p
Slide 19: For personal use only
For personal use only The review of exploration activities and results contained in this report is based on information compiled by Dr Mike Jones, a Member of the Australian Institute of Geoscientists. He is a director of the company and works full time for Impact Minerals Limited. He has sufficient