Vault Minerals Limited · ASX:VAU

Vault Minerals — Red 5 — Shareholder Meeting (November 2013)

16 slides from Vault Minerals's shareholder meeting presentation, Nov 28, 2013

  1. Slide 1: Siana gold mine update

    Red 5 Limited For personal use only * IFRIC 20 Standard and includes royalties (2%) and SDMP and EPEP commitments (4%) Siana gold mine update 28 November 2013 Slide 1 RED 5 Li m i t ed

  2. Slide 2: Company overview

    Company overview For personal use only •  Gold production suspended 25 April 2013 due to compromised tails dam wall.  • Tailings impoundment strategy could see production re-commence within four months (subject to Cease and Desist Order being lifted).  • Placement and SPP raise $62 million at 10c

  3. Slide 3: Red 5 at a glance

    Red 5 at a glance... For personal use only RED – ASX: (Share price – 27 November 2013) A$0.075 Issued shares 759 m Market capitalisation $56.9m Cash (at 27 November 2013) $39.2m Debt nil Enterprise Value (per LOM production ounce): A$20/ounce Substantial Shareholders - Baker Steel Capital Managers (

  4. Slide 4: Siana - site layout

    Siana - site layout For personal use only Slide 4 RED 5 Li m i t ed

  5. Slide 5: Dam wall compromised April 2013

    Dam wall compromised 25 April 2013 For personal use only Tailings dam wall crack over 200 metres Slide 5 Downstream from compromised wall RED 5 Li m i t ed

  6. Slide 6: Actions taken in first days

    Actions taken in first 20 days For personal use only 900m long x 3m high retaining embankment Load taken off dam wall River diversion 240m long x 30m wide Backfill 700m original water course Slide 6 RED 5 Li m i t ed

  7. Slide 7: Interim tails storage solution

    Interim tails storage solution For personal use only  First 4 months - conventional dam within containment bund - raise wall to 10 metres with HDPE liner - 3 months to construct  Next 18/24 months - install thickener to produce paste - add cement - co-deposit with waste - all within existing taili

  8. Slide 8: For personal use only

    For personal use only RED 5 Li m i t ed

  9. Slide 9: Cease and desist order 6/6/2013

    Cease and desist order 6/6/2013 For personal use only “……to cease and desist from undertaking gold ore processing until such time that remedial /corrective measures to restore the stability and integrity of the TSF 4 have been instituted, as certified by a third party expert and validated by the Env

  10. Slide 10: Progress on CDO

    Progress on CDO For personal use only  Company has complied with all aspects of the order – Ceased milling activities 25 April 2013 – Remedial works completed 29 May 2013 – GHD As built report submitted 14 June 2013, further endorsement of report by registered Philippines Engineer 10 October 2013 –

  11. Slide 11: Progress on CDO

    Progress on CDO For personal use only  Outstanding requirement ..validation by the Environmental Management Bureau Onsite Meeting on 22 July 2013 with MGB/EMB experts was thought to have achieved this requirement however further meeting is now required by MGB. This was conveyed to the company on th

  12. Slide 12: Summary

    Summary For personal use only  Cease and Desist order still in place  New tailings impoundment strategy determined  Business Interruption Insurance Claim ($10 million cap) liability accepted, quantum to be determined  remains Asset quality and tenement growth potential  Intrinsic asset value pr

  13. Slide 13: Questions

    Questions For personal use only Slide 13 RED 5 Li m i t ed

  14. Slide 14: Competent Persons Statement

    Competent Persons Statement For personal use only The information in this Public Report that relates to Exploration Results, Mineral Resources or Ore Reserves is based on, and accurately reflects, information compiled by Mr Rohan D Williams who was a full time employee of Red 5 Limited as at the dat

  15. Slide 15: Siana Resource

    Siana Resource For personal use only Mineral Resource (as at July 2013) Gold Contained Silver Contained Category Tonnes Grade Gold Grade Silver (million) (g/t) (‘000 oz) (g/t) (‘000 oz) Indicated Resource Open Pit 9.3 2.5 740 4.2 1,254 Underground 0.9 6.7 199 12.2 359 Total Indicated Resource 10.2 2

  16. Slide 16: Contact details

    Contact details For personal use only Australia Philippines  Level 2, 35 Ventnor Avenue  Greenstone Resources Corporation West Perth, Western Australia 6005 Level 5, NOL Tower PO Box 1911 West Perth, WA 6872 Commerce Ave, cnr Acacia Ave  Ph: + 61 8 9322 4455 Madrigal Business Park Muntinlupa City

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