G11 Resources Limited · ASX:G11
G11 Resources — Odin Metals — Noosa Mining Virtual Conference 2020
17 slides from G11 Resources's conference presentation, Jul 9, 2020
Slide 1: ODM to Present at Virtual Conference
ASX Announcement 9 July 2020 Fast Facts ASX Limited ASX: ODM Companies Announcement Office Shares on Issue: 259.7m Electronic Lodgement System Board of Directors & Officers ODM TO PRESENT AT VIRTUAL CONFERENCE Simon Mottram Director & CEO Odin Metals Limited (ASX:ODM) (“the Company”) is pleased to p
Slide 2: An Emerging Brazilian Base Metal Producer
An Emerging Brazilian Base Metal Producer Noosa Mining Virtual Conference 15-17 July 2020
Slide 3: Disclaimer
DISCLAIMER DISCLAIMER This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation does not
Slide 4: Company Overview
COMPANY OVERVIEW HIGH GRADE ZINC PROJECT IN A WORLD CLASS MINERAL RICH MINING JURISDICTION CORPORATE SNAPSHOT MAJOR SHAREHOLDERS ASX Code ODM Cash1 $3.0m Celtic Capital 6.3% Shares on issue 253.7m Enterprise value $8.4m Top 20 40% Market $11.4m (at $0.045 Non-Vested Unlisted D&M Options2,3,4,5 44.9m
Slide 5: Zinc Market Outlook
ZINC MARKET OUTLOOK Zinc Metal Stocks Consecutive deficits decreasing zinc inventories • Zinc price is close to 4-year lows Daily Zinc Prices1,2 (US$/mt) • Deficits over past 5 years have driven down stocks, with terminal stocks at only 2.1 days at the beginning and Stocks1,2 (kmt) • Covid-19 disrup
Slide 6: Why Brazil?
WHY BRAZIL? WORLD CLASS LOCATION, EASY ACCESS & EXCELLENT INFRASTRUCTURE • Pro-mining administration Brazil • Modern & stable mining code • Consistent approval & permitting process • Brazil is a net importer of Zinc • Considered an essential raw material in Brazil • Federal government royalty – 2% N
Slide 7: Board & Management
BOARD & MANAGEMENT EXPERIENCED MANAGEMENT TEAM WITH PROVEN TRACK RECORD Jason Bontempo – Executive Chairman 22 years’ public company management, corporate advisory, investment banking & public company accounting experience. Mr Bontempo qualified as a Chartered Accountant with Ernst & Young in 1997.
Slide 8: Project Summary
PROJECT SUMMARY MONTE AZUL – SUBSTANTIAL DEVLOPMENT POTENTIAL LOCATION Monte Azul located in the established mining state of Minas Gerais. PROJECT Discovered in 2000 by Vale through geophysics and has never been mined. Odin has exploration licences and mining leases spanning ~400km2 of ground which
Slide 9: High Quality Asset
HIGH QUALITY ASSET MONTE AZUL HIGH GRADE ZINC DEPOSIT Advancing the High Grade Monte Azul Deposit • Drilling to date comprises of 57 diamond holes and 6 RC holes for 17,300m over a strike length of c.1.4km • The deposit is interpreted to comprise of 3 lenses located closely within the known strike,
Slide 10: Monte Azul Anomaly Targets
MONTE AZUL ANOMALY TARGETS 3D RESOURCE MODEL 3D Model – Along Strike View 3D Model – Subsurface View Target Target Area Area Open Open Open • Shallow oxidation with fresh rock close to surface • Ore lenses (red) have the potential to join, as interpretation is from limited wide spaced drilling • Ore
Slide 11: Metallurgy Results
METALLURGY RESULTS POTENTIAL FOR HIGH QUALITY, CLEAN ZINC CONCENTRATES Excellent Preliminary Metallurgical Results Zn % Pb % Fe % S% • Simple SEDEX Zn-PB metallurgy Sample 6.8 1.2 7.9 6.2 • Clean and simple concentrates can be produced from traditional and simple froth flotation methods Initial Meta
Slide 12: Exploration Potential
EXPLORATION POTENTIAL Under-explored 40km Strike Length Consolidation of Strike Length • Odin has consolidated its regional land holding to cover the vast majority of the belt through low cost transactions • Acquisitions include the highly prospective Alto Alegre Zinc prospect to the NE where minera
Slide 13: Monte Azul Zinc Project Core Shed
Monte Azul Zinc Project Core Shed 12 INVESTOR PRESENTATION JUNE 2020
Slide 14: Indicative Exploration Timeline
INDICATIVE EXPLORATION TIMELINE Q1 2020 Q4 2020 Q2-Q3 2020 Q1-Q2 2021 Monte Azul Q4 2020 Metallurgical Infill and Extensional Additional drilling / Acquisition Regional drilling at Testwork Drilling at Monte Azul works for PFS Study Monte Azul 2020 2021 Q1 2020 Q3 2020 Q1 2021 Option & Joint JORC 20
Slide 15: Investment Summary
INVESTMENT SUMMARY Odin is well positioned to deliver the next high grade Brazilian base metals project HIGHLY PROSPECTIVE Monte Azul high grade zinc project boasts a Historical Foreign Resource Estimate of 7.6Mt at 6.1% ZnEq, including a higher-grade core of 3.6Mt @ 9.0% ZnEq. MINING JURDICTION AND
Slide 16: Contact
CONTACT Jason Bontempo Simon Mottram Executive Chairman CEO & Executive Director E:jbontempo@odinmetals.com. E: smottram@odinmetals.com.au www.odinmetals.com.au ASX: ODM 16 INVESTOR PRESENTATION JUNE 2020
Slide 17: Appendix: Key Acquisition Terms
Appendix: Key Acquisition Terms Monte Azul GRB Option Agreement IMS Joint Venture • In February 2020, Odin executed an option to • Odin has entered into a binding letter of intent • Odin have entered into an exploration Joint acquire 100% of the Monte Azul Zinc Project in with GRB Grafite Do Brasil