Resource Minerals International Ltd · ASX:RMI
Resource Minerals International — Resource Mining — Shareholder Meeting (November 2006)
12 slides from Resource Minerals International's shareholder meeting presentation, Nov 30, 2006
Slide 1: Annual General Meeting
Hesource Mining Corportation Limited Annual General Meeting 30 November 2006
Slide 2: Wowo Gap (100%) and Argyle Iron Ore (75%)
WOWO GAP (100%) > Nickel laterite deposit > Inferred Resource 120mt at 1.2% Ni, 0.1% Co > Potential to significantly expand resource tonnage > Rights issue to conduct further resource definition work Boe 8 ee Hesource Mining Corportation Limited ARGYLE IRON ORE (75%) > Haematite/plus Magnetite poten
Slide 3: Rights Issue
Rights Issue ¢ 1 for 4 renounceable rights issue © price of 2.3 cents ® to raise $1,966,697 Share Capital (M/shares) At 31 October 342.0 Rights Issue 85.5 Total 427.5
Slide 4: Simberi
Wowo Gap - Nickel/Cobalt Project Simberi Buinir 2 Namatanai Kavieng. ‘& mannance Mn fedang NORTH Sinivit qoaweres AST NEWBRITAN C totes ¢ ae a _.Woodiark ‘Mining Projects i heresy @ large Scale Mine : ® Medium Seale Mine Eo eansvse ® Small Scale Mine iq © Possible Large Scole Mine ® Possible Medium
Slide 5: Program for 2007
Wowo Gap - Nickel/Cobalt Project Program for 2007 . Grid Line Clearing . Ground Penetrating Radar . Diamond Drilling . Analysis & Metallurgy
Slide 6: Ground Penetrating Radar
Wowo Gap - Nickel/Cobalt Project Ground Penetrating Radar Proven technique Ni laterite deposits around the world (eg Ramu, Weda Bay, Goro) Maps boundaries of laterite layers within profile eLess drilling required: drilling used to confirm layer identification and grade
Slide 7: Wowo Gap - Nickel/Cobalt Project
Wowo Gap - Nickel/Cobalt Project
Slide 8: Wowo Gap - Nickel/Cobalt Project
Wowo Gap - Nickel/Cobalt Project
Slide 9: Gap — Nickel/Cobalt Project
Gap — Nickel/Cobalt Project
Slide 10: Argyle Iron Ore
Argyle Iron Ore | er Age < Kununurra
Slide 11: Argyle Iron Ore
Argyle Iron Ore Operational Philosophy 1-2 Mtpa JORC Inferred Resource: 17mt 55%Fe MINE See Minimal overburden, ore horizon dips 10 to 15 degrees to East, Waste: Ore <0.5:1 Contractor operation, 45/50 tonne trucks, small excavator/front end loader PROCESSING Contractor crush/screen Lump and fines pr
Slide 12: Summary
Summary CHANGE OF EMPHASIS FOR RMC >» Nickel opportunity at Wowo Gap has the potential to add great value » The Directors believe that worldwide demand for nickel (and thus prices) should remain high > Focus on Wowo Gap to increase understanding of this large prospective resource > Argyle Iron Ore c
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