Slide 1: Investor Presentation
Investor Presentation For personal use only This presentation was prepared with due care and attention and is current at the date of the presentation. The summary is not an offer or recommendation to purchase or subscribe for securities in Ventnor Resources Limited or to retain any securities curren
Slide 2: Company Overview
Company Overview For personal use only Company Data Share Price Chart ASX Code VRX Share Price A$0. 02 Shares on Issue 137.6m Options 12.9m Market Cap (Fully diluted) A$2.8m Cash A$1.5m Major Shareholders % Board of Directors Goldbondsuper Pty Ltd 6.9% Paul Boyatzis Non-executive Chairman Baseshine
Slide 3: Exploration Targets
Exploration Targets For personal use only Red Dragon – Gold Silver Dragon – Cu-Ni Black Dragon – Gold September 2016
Slide 4: Regional Geology
For personal use only Regional Geology 4
Slide 5: Local Geology
Local Geology • 28km NE of Tropicana For personal use only ~8Moz gold deposit • Extensive database of previous exploration work. • Extensive regional work undertaken by GSWA and other institutions • Highly prospective but challenging exploration due to extensive cover material. 5
Slide 6: Extensive Previous Exploration
Extensive Previous Exploration For personal use only • Gravity – 900 stations • Airborne EM – 500m spaced SPECTRUM • IP – 2 prospects • Air Mag and Radiometrics – 50m spacing • Soils and Auger – significant anomalies • AC, RC and DDH drilling – 1,104 holes • Regional research – 6 mths review 6
Slide 7: Previous Exploration Drilling
Previous Exploration Drilling For personal use only • Extensive • ?effective not Archaean? 7
Slide 8: Geophysical Data (Gravity, EM)
Geophysical Data (Gravity, EM) For personal use only 8
Slide 9: Targets
Targets For personal use only • Targets encompass 3 known mineralisation styles. • Further geophysical work to refine targets will save drilling costs • Several recommendations 9
Slide 10: Magnetic dataset (RTP Regional)
For personal use only Magnetic dataset (RTP Regional) Magnetic body Area of Demagnetised magnetic Zone in depletion magnetic body These are late dykes and have largely been ignored
Slide 11: Magnetic dataset south end of tenement
For personal use only Magnetic dataset south end of tenement Detailed 50m spaced magnetics
Slide 12: Magnetic domain and cross-structures
BLACK DRAGON For personal use only Between The major magnetic domain two faults break features Magnetic feature These are the structures SILVER DRAGON that truncate and offset the magnetic bodies Several NW-SE cross- Demagnetised Zone in magnetic structures body RED DRAGON With Augur Samples
Slide 13: Gravity Data (Bouguer Anomaly)
Black Dragon For personal use only Between Gravity Data (Bouguer two faults Anomaly) Extensive 900 stations Demagnetis ed Zone in magnetic body RED DRAGON
Slide 14: Gravity Data (1VD)
BLACK DRAGON Between two For personal use only faults Gravity Data (1VD) Extensive SILVER DRAGON 900 stations gravity high RED DRAGON gravity low
Slide 15: Gravity low coincident with subdued magnetism
Gravity low is coincident For personal use only with area of subdued magnetism – further evidence it is a granitoid. A gravity low enriched in Fe, Area of Pb, Sb, As & W and depleted in magnetic Mg is most likely depletion a granitoid… and a fairly FERTILE ONE Gravity low Augur Fe – Enriched embay
Slide 16: Red Dragon Gold Prospect
For personal use only Red Dragon Gold Prospect 16
Slide 17: Red Dragon
For personal use only Red Dragon Demagnetised zone within magnetic body. Other demagnetised zones RED DRAGON in the area Magnetic Low Magnetic Low Magnetic Low
Slide 18: Red Dragon
For personal use only Red Dragon Demagnetised zone within magnetic body. 1.5km by 1km gold anomaly Au with elevated background High on 5km by 4km area UNKNOWN – How much cover is there affecting the geochemistry? Au Elevated Background Background = Augur Au
Slide 19: Red Dragon Conclusions
Deeper Red Dragon Conclusions hole For personal use only Large scale gold plus silver arsenic Tested (BDRC021) and tellerium anomalies has best top 30 grade Magnetic lows are likely alteration to 50m areas (magnetite -> hematite + Te, As clays) Anomaly As Near surface environment on main partl
Slide 20: Exploration Budget
Exploration Budget First Pass Drilling For personal use only Red Dragon 2DD x 200m = $50k Follow Up Drilling = $200k Total = $250k (pursue Co-funded drilling grants) 20
Slide 21: Silver Dragon Cu-Ni Potential
For personal use only Silver Dragon Cu-Ni Potential 21
Slide 22: Magnetic body NE of Red Dragon
For personal use only Investigate the magnetic body NE of Red Dragon? Magnetic feature
Slide 23: What is the magnetic body NE of Red Dragon?
What is the magnetic body NE of For personal use only Red Dragon? Zoned? M M g Cu Cu Ng Zn Co Augur Mg – Enriched i Augur Fe – Depleted Z These indicate a Augur Zn- Enriched n Ni mafic to ultramafic Augur Cu – Enriched body Augur Co – Enriched Augur Ni - Enriched Co Tilt derivative ovoidal fea
Slide 24: Exploration Budget
Exploration Budget For personal use only Ground EM to refine targets = $50k Nova Follow Up Drilling Bollinger MagDragon Silver at 2DD x 300m = $150k Same Total = $200k Scale!! M M g Nova Bollinger (pursue background Co-funded drilling grants and R&D cost recovery) Ng ZC C image is detailed i nu o gr
Slide 25: Black Dragon Gold Potential
For personal use only Black Dragon Gold Potential 25
Slide 26: For personal use only
For personal use only 26
Slide 27: Black Dragon
Black Dragon For personal use only Black Dragon NW mineralisation on parallel structure Black Dragon Trend Black Dragon HG drilling Black Dragon Black Dragon East – South Target mineralisation Area possibly along In same cross-fault structural zone BD Soils and Augur by Au
Slide 28: Exploration Budget
Exploration Budget For personal use only Follow Up Drilling Black Dragon East 4RC x 150m = $100k (pursue R&D cost recovery) 28
Slide 29: Exploration Program
Exploration Program For personal use only Program to end of 2016 Ground EM surveys at Copper Nickel prospects Follow up drilling on EM Targets Drill program at Black Dragon east Total Budget Cost $550,000 29