Golden Deeps Limited · ASX:GED
Golden Deeps — Investor Presentation (September 2019)
19 slides from Golden Deeps's investor presentation, Sep 18, 2019
Slide 1: Investor Presentation September 2019
Investor Presentation September 2019 For personal use only Production on Target 2020 World’s Next Primary Vanadium Producer
Slide 2: Near Term Production
Near Term Production For personal use only • On target to become a V2O5 producer from the Abenab Project in 2020 • Unique geology and operating model delivers a very low capex and competitive opex • Low capital cost enables the project to proceed without the usual high capital cost barrier to develo
Slide 3: Abenab Vanadium Project, Namibia
Abenab Vanadium Project, Namibia For personal use only • The Abenab Project covers 35km of the prospective Abenab mineralised trend and is host to: o Abenab Mine o Abenab West Mine o Nosib Mine o Okarundu Pipe Vanadium Mine o Nine additional vanadium occurrences have been identified • Current (addit
Slide 4: Abenab Project Location
Abenab Project Location • Located in the mineral-rich Otavi Mountain Land in For personal use only northern Namibia • GED controls key mines and prospects along a 35km long lithological and structural trend • Five granted EPLs • 434km² of highly prospective ground for vanadium, copper, lead and zinc
Slide 5: The GED Difference
The GED Difference For personal use only The Abenab Project presents a fundamental difference from (all) other primary vanadium projects as its ore is simple to beneficiate and concentrates to a very high level. Comparison Abenab Ore Typical Vanadium Source Ore Type Descloizite Titano-magnetite Conc
Slide 6: GMC Joint Venture
GMC Joint Venture For personal use only • Joint Venture entered with Hong Kong based metals trading company Generous Metals Company Limited (GMC) • Stage 1 Metallurgical Testwork complete - Stage 2 Trial Operation underway • JV will produce high-grade vanadium concentrate in Namibia which will be sh
Slide 7: Development Pathway
Development Pathway • Initial operations : process existing surface mineralised materials followed by development of below ground For personal use only mineral resources • Further drilling of surface mineralised areas to identify additional material • Additional resource definition drilling to devel
Slide 8: Abenab Mine Exploration Program
Abenab Mine Exploration Program For personal use only • Phase 1 Resource Definition and Development Drilling Complete: o Resource Definition Drilling Program o Mine Development Evaluation Drilling Program o Surface Mineralised Ore and Tails Drilling Program Vanadium mineralisation in brecciated carb
Slide 9: Phase Drilling Results
Phase 1 Drilling Results • Resource Definition Drilling Program intersects broad zones of high-grade vanadium pentoxide For personal use only mineralisation including: o ABD0015 64.18m at 0.90% V2O5, 2.01% Pb, 0.65% Zn from 207m1 (Total 80m of mineralization above cut-off grade) o ABRCD011 23m @ 1.3
Slide 10: Resource Definition Drilling
Resource Definition Drilling • 5 diamond holes for 1,781m For personal use only • Results in from 4 holes with 1 hole to be reported • Hole ABD0151 o 64.18m at 0.90% V2O5, 2.01% Pb, 0.65% Zn from 207m o Includes 19m at 1.25% V2O5, 2.73% Pb, 0.878% Zn from 230m • Hole ABRCD0161 o 10.68m at 0.26% V2O5
Slide 11: Mine Development Drilling
Mine Development Drilling For personal use only Mine Development Evaluation RC Drilling Program • Targeted shallow vanadium mineralisation adjacent to the historic Abenab open pit • ABRC019-20 intersect multiple zone of vanadium mineralization1: o ABRC019 2m @ 1.8% V2O5, 5.07% Pb, 2.53% Zn from 64m
Slide 12: Surface Mineralisation Drilling
Surface Mineralisation Drilling For personal use only • RC drilling tested surface mineralised material and tails over a broad area around the pit o Considered to be vanadium pentoxide bearing material from earlier mining operations that includes old stockpiles and tails • The surface mineralised ma
Slide 13: Abenab West Exploration
Abenab West Exploration For personal use only Abenab West (Christiana Mine) is located along strike, approximately 300m west of Abenab Mine • Historic production 74,000 tonnes of concentrates grading, 13% V2O5 72% Pb from 540,000t 1,2 • Underground mapping and channel sampling reveals remnant vanadi
Slide 14: Nosib Block Mine
Nosib Block Mine For personal use only • Nosib mine is approximately 27km West of Abenab • Underground channel sampling on three levels to 60m shows high grade vanadium mineralisation associated with copper Nosib • Potential exists for an open cut mine Block • To be drilled shortly to generate a res
Slide 15: Regional Exploration
Regional Exploration For personal use only • Nine vanadium occurrences recorded along the Abenab mineralised trend • No modern exploration has been completed on these targets • Potential exists to substantially increase current resource inventory 15
Slide 16: Corporate
Corporate Shares Share Price $0.025 Board and Management For personal use only Michael Minosora Chairman Market Cap $5.9M Robert Collins Director Shares on Issue 236.3m Michael Norburn Director Michael Rodriguez Director Michael Scivolo Director Options on Issue - 4.25m @ $0.15 1 Sep 2020 - 4.25m @
Slide 17: Why Invest?
Why Invest? For personal use only • Opportunity to invest in a very low capex The GED Difference and opex near term production play • Abenab is simple to beneficiate and • On target for initial production 2020 concentrates to a very high level • Multiple high quality mineral targets at • Abenab Proj
Slide 18: Disclaimer / CPS
Disclaimer / CPS For personal use only Caution Regarding Forward-Looking Information This document contains forward-looking statements concerning Golden Deeps. Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in
Slide 19: Thank You
For personal use only Thank You. For further information please contact: Michael Minosora Chairman +61 (0) 413 056 909 Victoria Humphries Investor Relations victoria@nwrcommunications.com.au +61 (0) 431 151 676
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