Vrx Silica Ltd. · ASX:VRX
Vrx Silica — Ventnor Resources — Shareholder Meeting (November 2014)
31 slides from Vrx Silica's shareholder meeting presentation, Nov 6, 2014
Slide 1: Ventnor Resources
ASX: VRX For personal use only www.ventnorresources.com.au
Slide 2: Disclaimer & Competent Person
Disclaimer & Competent Person This presentation was prepared with due care and attention and is current at the date of the presentation. The For personal use only summary is not an offer or recommendation to purchase or subscribe for securities in Ventnor Resources Limited or to retain any securitie
Slide 3: Table of Contents
Table of Contents For personal use only 1 PROJECT LOCATIONS 4 2 COPPER JV SUMMARY 5 3 JORC RESOURCE 9 4 OPEN PITS 10 5 UNDERGROUND RESOURCE 11 6 CONCENTRATE 14 7 WARRAWANDA NICKEL PROJECT 16 8 BLACK DRAGON GOLD PROJECT 29 9 COMPANY OVERVIEW 31 10 REASONS TO INVEST 32 3
Slide 4: Projects Locations
1. Projects Locations For personal use only Projects located in WA Thaduna Green Dragon Copper Project • JV with Sandfire Warrawanda Nickel Project • Encouraging geochem Black Dragon Gold Project • Recent application 4
Slide 5: Company Projects
Company Projects For personal use only 1. Thaduna Copper Project 2. Warrawanda Nickel Project 3. Black Dragon Gold Project 5
Slide 6: Copper Project Location
1. Copper Project Location For personal use only 40 kms 6
Slide 7: Copper JV Summary
2. Copper JV Summary Thaduna/ JORC Resources of 142,000t Cu @ 1.8% Cu For personal use only Green Continuous and high grade orebody Dragon Short term open cut Resources Project Potential for long term production from underground sulphide development High grade bornite mineralisation Upda
Slide 8: JV Summary
2. JV Summary For personal use only Attractive JV with Sandfire for Thaduna/Green Dragon $3m up front to Ventnor Sandfire earn in to 80% spending $6m Sandfire to sole fund project development Toll treatment arrangement at C1 cost No requirement for Ventnor to fund Capex Work underway; Re
Slide 9: Updated JORC 2012 Copper Resource
3. Updated JORC 2012 Copper Resource For personal use only 9
Slide 10: Open Pits
4. Open Pits Shallow flat (35o) drilling required to infill For personal use only 10
Slide 11: Underground Resource
5. Underground Resource For personal use only Underground target 5mt @5% Cu 11
Slide 12: Bornite!! Key to underground
For personal use only Bornite!! Key to underground
Slide 13: For personal use only
For personal use only High-grade core from recent drilling below Thaduna pit 13
Slide 14: Concentrate
6. Concentrate For personal use only Concentrate Ag As Bi Cu Fe K Mg Mn Ni P Pb S Ti Zn Assay Detection 1 5 1 0.01 0.01 0.01 0.01 1 1 20 5 0.002 0.002 1 Limit Units ppm ppm ppm % % % % ppm ppm ppm ppm % % ppm Sample 1 91 47 12 29.91 8.68 0.77 2.26 484 272 455 148 9.646 0.364 50 Sample 2 89 51 8 30.3
Slide 15: Company Projects
Company Projects For personal use only 1. Thaduna Copper Project 2. Warrawanda Nickel Project 3. Black Dragon Gold Project 15
Slide 16: Warrawanda Project (Seeking JV)
7. Warrawanda Nickel Project (Seeking JV) For personal use only 40Kms 16
Slide 17: Warrawanda Project
7. Warrawanda Nickel Project 17km intrusive ultramafic For personal use only EM drill targets Helicopter mounted EM survey 17
Slide 18: Warrawanda Project
7. Warrawanda Nickel Project Significant data sets from prior work For personal use only – Shallow drilling targeting nickel in laterite 1993 – Flew close-spaced SkyTEM, mag and HyMap – 12 deep drill holes targeting high EM/Mag anomalies 2012 – Followed up with soil geochem, mapping 2014 – TEMPEST S
Slide 19: Geochem
7. Warrawanda Nickel Geochem Significant surface sampling coverage For personal use only 19
Slide 20: Base Metal Response
7. Warrawanda Nickel Base Metal Response Nickel Copper For personal use only Cobalt Chromium 20
Slide 21: For personal use only
7. Warrawanda Nickel For personal use only 21
Slide 22: For personal use only
7. Warrawanda Nickel For personal use only 22
Slide 23: TEMPEST Survey
7. Warrawanda Nickel TEMPEST Survey For personal use only 23
Slide 24: For personal use only
7. Warrawanda Nickel For personal use only 24
Slide 25: TEMPEST Survey
7. Warrawanda Nickel TEMPEST Survey For personal use only Confirms southerly dip and deep EM anomaly 25
Slide 26: Nickel Gossan in central area
7. Warrawanda Nickel Nickel Gossan in central area For personal use only 26
Slide 27: Company Projects
Company Projects For personal use only 1. Thaduna Copper Project 2. Warrawanda Nickel Project 3. Black Dragon Gold Project 27
Slide 28: Black Dragon Gold (seeking JV partner)
8. Black Dragon Gold (seeking JV partner) For personal use only • New application 28kms along strike from Tropicana Gold Mine (3.5M Oz Au) Significant 2008 rock chip assays • Reported by IGO Significant previous expenditure Historic drill data available November 2014 28
Slide 29: Black Dragon Gold (seeking JV partner)
8. Black Dragon Gold (seeking JV partner) For personal use only 29
Slide 30: Company Overview
9. Company Overview For personal use only ASX Code VRX Share Price A$0.06 Shares on Issue 118.3m Options 3.05m Market Cap (Fully diluted) A$7m Cash (30 Sept 2014) A$0.95m 30
Slide 31: Reasons to Invest
10. Reasons to Invest Company has experienced team with proven results in For personal use only developing and exploiting mining projects High-grade copper deposits at Thaduna Copper Project located in an emerging world-class copper/gold province Short-term mining opportunity with Sandfire JV to
Ventnor Resources — Shareholder Meeting (November 2014) on 6ix