Terrain Minerals Ltd · ASX:TMX
Terrain Minerals — Investor Presentation (November 2011)
16 slides from Terrain Minerals's investor presentation, Nov 18, 2011
Slide 1: Terrain Minerals Presentation November 2011
Terrain Minerals Presentation November 2011 ABN: 45 116 153 514 1
Slide 2: Forward Looking Statements; Competent Persons Statement
FORWARD LOOKING STATEMENTS This presentation has been prepared by Terrain Minerals Ltd (“Terrain”) as a summary of the Company, its mineral assets and its plans to explore its tenements and for general information purposes only. This presentation contains material that can be construed as forward lo
Slide 3: Company Snapshot
Company Snapshot Company Restructure 2011 Asset Sale Great Western, Bundarra: $8m (equals 3.4c per share undiluted) made up of: » $1.3m cash received October 2011 » $700k cash on first gold production or 24 October 2012 » 1.0g per ounce produced up to a total value of $6m with a minimum of $600k per
Slide 4: Project Locations
Project Locations CAPITAL STRUCTURE Issued Shares (TMX): 231.02 m Issued Options Listed (TMXOA): 18.24 m Expiry: Dec 2012 at 8 cents Unlisted: 72.18 m Expiry: Various dates/prices Share Price (10/11/11): 2.6c Market Cap: $6m BOARD OF DIRECTORS Non executive Chairman: Dick Sandner Vice Chairman: Jona
Slide 5: East Kambalda Location Map
East Kambalda Location Map KAMBALDA DOME Nickel Production: • Over 1,000,000 tonnes of CONTAINED NICKEL PRODUCED discovery in 1967 5 • Average production of 30 000 tonnes nickel per year with value of > $600,000,000
Slide 6: Aztec Dome
Aztec Dome Advanced Nickel Project Aztec Dome East Kambalda - Nickel Project 42 km2 (priority) » Originally explored in the 1960’s by BHP with little recent work prior to Terrain 2006 » Under explored tenement package in known nickel province Completed Exploration Programs: Geophysics » Gravity & Ma
Slide 7: Aztec Dome Nickel Exploration Program
Aztec Dome Nickel Exploration Program Explorations Aim is to Identify the Base of Ultramafics Stratigraphical Drilling – budget $1m (results 1st Q 2012) » Two x 1km deep diamond core holes » Aim to find the base of ultramafics (same rock profile as Kambalda) Drill Identified EM Target with these hol
Slide 8: Kambalda Dome V Aztec Dome
Kambalda Dome V Aztec Dome (15km apart) Exploration to date indicates the same soil sequence exists 8
Slide 9: Aztec Dome Proposed Stratigraphic Diamond Drill Holes
Aztec Dome Proposed Stratagraphic Diamond Drill Holes (Two holes each 1km deep) 9
Slide 10: Aztec Dome Geophysical Map (TMI Magnetics)
Aztec Dome Geophysical Map (TMI Magnetics) 10
Slide 11: Black Cat Project Area
Black Cat Project Area Bundarra Region 11
Slide 12: Black Cat Gold Joint Venture
Black Cat Gold Joint Venture Black Cat Joint Venture with St. Barbara - Budget $300,000 » TMX has a 60% interest, with minimum expenditure of $150K per year Craig/Katalina » Exciting topographical high one km long X 160m wide with strong geochemical signature. Drilling recommended by independent geo
Slide 13: Black Cat - Craig Extended Soil Anomaly
Black Cat - Craig Extended Soil Anomaly 13
Slide 14: Corporate
Corporate » Debt Free » Current Market Capital $6m » Cash Position On Hand 500,000 Offer proceeds 2,300,000 (before cost of Issue) Total 2,800,000 AZTEC Drilling 1,000,000 » Less Exploration Costs Geophysics 400,000 Geology 100,000 Future Drilling Program 400,000 1,900,000 BLACK CAT Drilling 200,000
Slide 15: Capital Raising
Capital Raising » Two for two (1:2) underwritten renounceable rights issue at 2.0c to raise $2,310,214.82 » Capital Structure post raising: Shares Listed Options Amount Raised 2.0c Existing Securities 231,021,483 18,237,998 - Rights Issue 1:2 115,510,741 - $2,310,214.82 Total 346,532,224 18,237,998
Slide 16: Terrain Minerals Offers:
Terrain Minerals Offers: Highly Leveraged Market Exposure » Market capitalisation of $6million after raising with no debt and cash $2.8 million » Tight Register - Top 30 hold 60.32% » Motivated Management Team Drilling November 2011 » Short lead time to results! » All funds raised for exploration -
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