Yari Minerals Limited · ASX:YAR
Yari Minerals — Corporate Update (May 2020)
19 slides from Yari Minerals's corporate update, May 21, 2020
Slide 1: Plomosas Position and Potential – Shareholder Update 21 May 2020
PLOMOSAS POSITION AND POTENTIAL SHAREHOLDER UPDATE 21 MAY 2020 consolidatedzinc.com.au |
Slide 2: Ready to Restart – Mining and Exploration
READY TO RESTART – MINING AND EXPLORATION Successfully Operations paused Operations Exciting gold Targeting growth transitioned to by COVID-19 optimised during exploration results from surface gold owner operating downtime, opening exploration and mining Restarted 18 May up more stopes. Significant
Slide 3: Gold Exploration – Results and Plans
GOLD EXPLORATION – RESULTS AND PLANS • First systematic gold exploration program undertaken in the area • Gold exploration completed in north western tenement areas • Including 94 samples over 2 campaigns • Widespread gold bearing structurally controlled system identified • Chona-Enrique vein system
Slide 4: Gold Exploration Potential at Plomosas
GOLD EXPLORATION POTENTIAL AT PLOMOSAS EXPLORING 7KM WITHIN CURRENT LEASES consolidatedzinc.com.au |
Slide 5: Plomosas Gold Prospects and Exploration
PLOMOSAS GOLD PROSPECTS AND EXPLORATION 1500m consolidatedzinc.com.au |
Slide 6: Potrero Prospect Area
POTRERO PROSPECT AREA 600m Note: Excised means concession area not owned by MLAZ consolidatedzinc.com.au |
Slide 7: Chona–Enrique Vein Systems
CHONA –ENRIQUE VEIN SYSTEMS 300m 400m Note: Chona – Enrique are 420m apart along strike consolidatedzinc.com.au |
Slide 8: Highlights of Anomalous Gold and Copper Rock Chip Sampling
HIGHLIGHTS OF ANOMALOUS GOLD AND COPPER ROCK CHIP SAMPLING Project Sample No Sample Type Rock type Au (g/t) Cu % Zn % Ag (g/t) Pb % Chona- Enrique prospect 38158 Selected Vein 4.77 4.06 0.00 3.80 0.00 Chona- Enrique prospect 38160 Selected Vein 27.50 2.19 0.00 4.10 0.00 Chona- Enrique prospect 38161
Slide 9: Plomosas Mine, Mexico
PLOMOSAS MINE, MEXICO consolidatedzinc.com.au |
Slide 10: Operations – Production and Optimisation
OPERATIONS– PRODUCTION AND OPTIMISATION • Mine site repairs and maintenance undertaken during lockdown • Plant maintenance works to optimise the plant performance • ~10,000 tonnes ore mined and processed Q1 2020 • Q1 2020 cash costs US$1.05/lb zinc down 29% from Q4 2019 • Operating costs down 20% fr
Slide 11: Plomosas Mine Geology & Mineralisation
PLOMOSAS MINE GEOLOGY & MINERALISATION Zinc and lead sulphide mineralisation is contained within carbonate-rich units such as limestones and marbles within a large basinal sedimentary sequence. Mineralisation preferentially replaces the carbonate so multiple stacked limestone sequences are highly pr
Slide 12: Plomosas Silver Lead Zinc Mine Layout
PLOMOSAS SILVER LEAD ZINC MINE LAYOUT Extensive underground access to 360 360m metres below surface (mbs) - in good condition for mining and exploration drilling Haulage via decline capacity up to 350t/d Stoping progressing on Level 7: 4 stopes and SOX from Level 7 Development works for 12 months st
Slide 13: Base Metal Infill Drilling Excellent Results
BASE METAL INFILL DRILLING EXCELLENT RESULTS : Reference CZL announcement 30 January 2020 consolidatedzinc.com.au |
Slide 14: JORC (2012) Mineral Resource as Depleted December 2019
JORC (2012) MINERAL RESOURCE AS DEPLETED DECEMBER 2019 Indicated Mineral Resource Prospect Tonnes %Zn %Pb g/t Ag Zn tonnes Pb tonnes Ag oz Level 7 107,000 19.7 9.5 557.7 17,000 8,000 157,000 Tres Amigos 42,000 7.7 2.3 12.0 3,000 1,000 16,000 Tres Amigos North 38,000 7.8 3.6 13.1 3,000 1,000 16,000 S
Slide 15: Corporate Overview
CORPORATE OVERVIEW CAPITAL STRUCTURE (PRE-ENTITLEMENT ISSUE) Share price A$0.004 Market Capitalisation A$6.9M 100% CONSOLIDATED ZINC LTD Shares on Issue 1,725,933,313 Options on Issue 123,283,882 Performance Rights 129,750,000 Cash & Accounts Receivable (31/03/20) US$2.2M Debt & Con Notes (31/03/20)
Slide 16: Directors and Management
DIRECTORS AND MANAGEMENT LED BY A TEAM OF HIGHLY SUCCESSFUL, EXPERIENCED MINING PROFESSIONALS CHAIRMAN NON-EXECUTIVE DIRECTOR Mr Andrew Richards Ms Angela Pankhurst • Over 30 years’ experience as a a geologist in exploration, mine • 20 years experience as executive and non-executive director with a
Slide 17: Social Responsibility
SOCIAL RESPONSIBILITY CZL HAS UNDERTAKEN ACTIVITIES IN: Providing water to long-term residents in the Chihuahua Desert Assisting with waste management for local community Falomir Maintaining the access road Sustainable projects with Falomir mayor Supporting local ranchers CZL IS WORKING WITH LOCAL G
Slide 18: Important Information
IMPORTANT INFORMATION FORWARD-LOOKING STATEMENTS AND INFORMATION mineral resources or that the production target itself will be realised. The stated production target is based on the Company’s current expectations of future results or events and should This report contains forward looking statements
Slide 19: consolidatedzinc.com.au |
consolidatedzinc.com.au |