Centaurus Metals Limited · ASX:CTM
Centaurus Metals — Glengarry Resources — Shareholder Meeting (November 2006)
26 slides from Centaurus Metals's shareholder meeting presentation, Nov 28, 2006
Slide 1: Annual General Meeting
Annual General Meeting 28 November 2006
Slide 2: Corporate Summary - Glengarry Resources
Corporate Summary - Glengarry Resources - A energised, focussed company Shares on issue 247 million (ASX:GGY) Market cap. $13.5 million (5.5 cps) Cash >$2.0 million Investments 3,000,0000 MNM shares (24 cps 27/11/06) Status Diversified, Australian- focused, mineral explorer
Slide 3: 2006 Highlights – Greenvale
Glengarry Resources – 2006 Highlights – Greenvale - Delivering results Maitland 21 Kt copper metal defined Oasis Significant uranium confirmed T3 Strong base metal anomalism confirmed Mt Remarkable Strong gold anomalism confirmed
Slide 4: 2006 Highlights – Other Projects
Glengarry Resources – 2006 Highlights – Other Projects - Delivering results Cannington Crackpot IP anomaly defined New Projects Citadel Strategic landholding World class mineral province 15 m @ 14.1 g/t Au Rum Jungle Strategic landholding 6 m @ 11.3 g/t Au
Slide 5: 2006 Highlights – Corporate
Glengarry Resources – 2006 Highlights – Corporate - Maintaining the balance • Exploration expenditure increased 60% • Capital raisings well supported (~$3,000,000) • Sempra Metals joins registry • Charters Towers Project successfully vended into Mantle Mining (listed Nov 06) for 3,000,000 shares • N
Slide 6: Projects - Glengarry Resources
Projects - Glengarry Resources l l Greenvale l l l l Townsville l l l l l l ll l l l ll Brisbane Cannington Perth Sydney Adelaide l l Active, wholly-owned Project l l Other, wholly-owned Project Melbourne l l Joint venture l l Indirect interest
Slide 7: Greenvale – Tenure and Prospects
Greenvale – Tenure and Prospects Oasis Balcooma (uranium) (Zn/Pb/Cu/Ag) Ì ÌÌ Ì Ì Ì Kidston (Au) Ì Ì Greenvale (Ni) Ì Ì Maitland (copper) T3 Z LM (base metals) F BR Advanced GGY 100% prospect Metallica JV (Uranium only) Major Lucky Creek JV Structure Mt Remarkable 25 km (gold)
Slide 8: Greenvale – Maitland Copper-Molybdenum Prospect
Greenvale – Maitland Copper-Molybdenum Prospect South North Ë Ë Ë Ë Ë Ë Ë Ë Ë Surface Ë 0m 50m 100m Open 150m >10 %m 1960’s Drill hole GGY Drill hole 200m Open Open 100 metres
Slide 9: Greenvale – Maitland Copper-Molybdenum Prospect
Greenvale – Maitland Copper-Molybdenum Prospect 29 m @ 2.1% Cu 23 m @ 2.4% Cu South 30 m @1.3% Cu 18 m @ 4.8% Cu North Ë Ë Ë Ë Ë Ë Ë Ë Ë Surface Ë 0m 31 m @ 1.4% Cu ? ? 18 m @ 2.2% Cu 50m ? 39 m @ 2.3% Cu ? ? ? 100m Open 12 m @ 4.3% Cu 150m >10 %m ? 1960’s Drill hole ? GGY Drill hole 39 m @ 1.9% Cu
Slide 10: Greenvale – Oasis Uranium Prospect
Greenvale – Oasis Uranium Prospect West East >1 lb/t U3O8 ? 0m 2.65m @ 3.3 lb/t ? 50m 6m @ 2.4 lb/t 5m @ 3.3 lb/t 2.5m @ 2 lb/t ? 100m 0.5m @ 15.2 lb/t 2m @ 3.3 lb/t ? 150m ? 200m No assays- 8 m ore zone 100 m 100m
Slide 11: North Queensland – Uranium Infrastructure
Greenvale – North Queensland – Uranium Infrastructure Maureen 100 km 3,000 tonnes Ì Ì U3O8 Georgetown ! ! ! Oasis Ì Ì ! ! ! Greenvale Townsville Ì Ì ! ! ! Ben Lomond 5,000 tonnes U3O8
Slide 12: T3 : Another Balcooma?
Greenvale – T3 : Another Balcooma? Balcooma Balcooma (Zn/Pb/Cu/Ag) Sequence Ì ÌÌ Ì Kidston (Au) Oasis Ì Ì Ì Ì Maitland Ì Ì Greenvale (Ni) GGY 100% T3 Metallica JV (Uranium only) Mt Remarkable Lucky Creek JV 25 km
Slide 13: T3 Zinc-Lead-Silver Prospect
Greenvale – T3 Zinc-Lead-Silver Prospect Balcooma Sequence • Up to 8% Zn, 11% Pb and 52 g/t Ag in outcrop. • Up to 0.83% Pb and 1.13% Zn in soils. • 5km prospective stratigraphy 2 km • No drilling
Slide 14: T3 Prospect – Soil Geochemistry
Greenvale – T3 Prospect – Soil Geochemistry EM Anomaly EM Anomaly EM Anomaly Gossan Gossan Gossan 1 km 1 km 1 km Zinc Lead Copper
Slide 15: Gold Potential
Greenvale – Gold Potential Kidston Balcooma 4.5 M oz Au (Zn/Pb/Cu/Ag) Ì ÌÌ Ì Ì Ì Ì Ì Ì Ì Greenvale (Ni) Mt Remarkable GGY 100% Metallica JV (Uranium only) Lucky Creek JV 25 km
Slide 16: Mt Remarkable – Another Mt Leyshon?
Greenvale – Mt Remarkable – Another Mt Leyshon? Mt Remarkable Mt Leyshon 3.5 M oz gold deposit 95 ppb Au Breccia hosted 2 km Mt Leyshon Mt Remarkable Breccia in streams Gold in streams No bedrock source located No drilling 2 km
Slide 17: Mt Remarkable – Another Mt Leyshon?
Greenvale – Mt Remarkable – Another Mt Leyshon? Mt Remarkable Mt Leyshon 3.5 M oz gold deposit 95 ppb Au Breccia hosted BFS 2 km Mt Leyshon Mt Remarkable Breccia in streams Gold in streams No bedrock source located No drilling 1 km 2 km
Slide 18: Mt Remarkable – Another Mt Leyshon?
Greenvale – Mt Remarkable – Another Mt Leyshon? Mt Remarkable ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( Mt Leyshon 3 3 4 3 3 5 ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( ( 3.5 M oz gold deposit ( ( ( ( ( ( ( 95 ppb Au ( ( 9 4 ( ( 118 1 Breccia hosted ( ( ( 4 7 ( ( ( ( ( ( (
Slide 19: Greenvale – Future Plans
Greenvale – Future Plans #1 Project • Maitland Evaluate mining options • Oasis Evaluate present value vs future value • T3 Drill test soil and EM anomalies • Mt Remarkable Drill test soil anomaly
Slide 20: Cannington – World Class Potential
Cannington – World Class Potential Glengarry Prospect Cannington (Ag-Pb-Zn) Ì Ì Crackpot Osborne Ì Ì (Cu-Au) 10 km
Slide 21: Cannington – Crackpot Prospect
Cannington – Crackpot Prospect Crackpot Gossan BHPB GGY 500 m
Slide 22: Cannington – Crackpot Prospect
Cannington – Crackpot Prospect Gossan float Surface 2003 drill holes Proposed drill hole 100 m 200 m IP Cross Section
Slide 23: Citadel Project – Strategic landholding
Citadel Project – Strategic landholding 5m@ 1.2 g/t Au, 2.4% Cu 2m@ 11.7 g/t Au 15 m @ 7m@ 14.1 g/t Au 1.9 g/t Au 2m@ 3.8 g/t Au
Slide 24: Rum Jungle – Acacia North Prospect
Rum Jungle – Acacia North Prospect W E 50 m 6 m @ 6.4 g/t Au 100 m 6 m @ 11.3 g/t Au 150 m 200 m 50 m 200 m Drill Hole Plan - >0.5 g/t Au Drill Section – Mineralised contact
Slide 25: Glengarry Resources – Investment Criteria
Glengarry Resources – Investment Criteria Advanced prospects Resource definition Outstanding drill targets (Company makers!!) Strategic land holdings in world class mineral provinces Focussed, efficient explorers (65% in-ground expenditure 2002 - 2006) >$2,000,000 cash plus investments Good infrastr
Slide 26: Clee | G A R KR
Clee | G A R KR
Glengarry Resources — Shareholder Meeting (November 2006) on 6ix