Terrain Minerals Ltd · ASX:TMX
Terrain Minerals — Investor Presentation (November 2010)
38 slides from Terrain Minerals's investor presentation, November 2010
Slide 1: Terrain Minerals Presentation November 2010
ABN: 45 116 153 514 Terrain Minerals Presentation November 2010
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: Capital Structure
CAPITAL STRUCTURE Issued Shares (TMX): 171.2 m Issued Options Listed (TMXOA): 16.9 m Unlisted: 10.6 m Share Price (08/11/10): 2.7c Market Cap: $4.6 m Cash 30/09/10: $0.48m $1.5m Con/Note secured. BOARD OF DIRECTORS Non executive Chairman: Dick Sandner Vice Chair: Jonathan Lim Keith Wells Paul Dickso
Slide 4: Celtic mining preparation and toll treatment
» Mining preparation – dewatering & grade control drilling. » $1.5m convertible note completed. » Toll treatment agreement completed - Gold Fields Agnew Gold Mine » Anticipated recovery of 6,000oz of gold. » Cash surplus of $2-3m expected.
Slide 5: ccd)
2. 5) » ccd) O
Slide 6: Celtic Pit
ZN Celtic Pit
Slide 7: Celtic Deposit Cross Section
Celtic Deposit Cross Section: Proposed Pit Extension Resource Blocks 110-15gtAu |— [=115-20gtAu (120-25 gt Au [2325-30 gtAu 130-35 gt Au GM > 35 gitAu 50 Metres 40000mIN 40100mN CELTIC OPEN PIT Showing Resource Blocks. Existing Pit 7d Proposed Pit ) 400mRL —4 Resource Blocks
Slide 8: Great Western Mine Scoping Studies
» Mine Scoping Studies Completed: » Great Western Open Pit & Underground » Potential Mine Extensions: » Great Western – underground, down plunge
Slide 9: Great Western Proposed Mine Plan
MAIN SHAFT LEGEND > 10 gram/metres 5-10 gram/metres <5 cram/metres. 350m ooo Great Western Deposit Proposed Mine Plan Open Cut 128,000t @ 2.70 git gold OLD DEF (Longitudinal Section) PROPOSED MINE PLAN 500m. Total 322,500t @ 5.14 git (53,00007) ° a fe) ie) -~-------=-- : — pooo-- ] { STOPE | | STOPE
Slide 10: Great Western Deposit Section
Great Western Deposit BUNDARRA PROJECT Great Western Prospect Section 1455mE 2m @ 11.20
Slide 11: Great Western next steps
» Geotechnical Drilling » Resource Expansion Drilling » Permitting to be obtained – drilling/mining
Slide 12: Wonder North Mine Scoping Studies
» Mine Scoping Studies Completed: » Wonder North Open Pit & Underground » Potential Mine Extensions: » Wonder North – underground, down plunge
Slide 13: Wonder North mining inventory
» “Small Pit” mining inventory = 449,000t at 2.56g/t gold 36,955 oz (1g/t gold lower cut-off) » “Big Pit” mining inventory = 697,200t at 2.45g/t gold 54,918oz (1g/t gold lower cut-off) » High grade (+3g/t gold) Indicated and Inferred Resource below current pit = 621,600t @ 4.8g/t au – 96,000 oz » Ba
Slide 14: Wonder North Exploration and Grade Control Drilling 9390E
‘om @ 2.64 g 13m @ 4.69 f- 400m [300m 7m @ 10.51 git Au _ Z nil \ Au S 7m @ 2.82 git Au / 10m @ 5.10 git Au [\ yr \ 14m @ 7.54 g/t Au LE we. 4m @ 20.28 glt Au Tom @ 4.44 git Au : ( inc. me fat gtau fel 25m @ 2.71 git Au inc, 5m @ 4.06 git Au! YUN TERRAIN TERRAIN MINERALS LTD Bundarra Project Wonder
Slide 15: Wonder North Exploration and Grade Control Drilling 9500mE
tm @ 191 gt Av AAR —_Bundarra Project {r#=4.% Wonder North Exploration and ry Grade Control Drilling - 9500mE r x / TERRAIN MINERALS LTD
Slide 16: JORC Resource 621,600t @ 4.8 g/t Au
JORC Resource 621,600t @ 4.8 g/t Au (96,080oz)
Slide 17: Wonder North next steps
» Geotechnical Drilling » Resource Expansion Drilling » Permitting to be obtained – drilling/mining
Slide 18: Black Cat Joint Venture with St. Barbara
Black Cat Joint Venture with St. Barbara: » TMX has earnt a 60% interest, » by spending $750,000 TMX will increase its interest to 75% Craig/Katalina » Exciting topographical high 1Km long X 160m wide with strong geochemical signature. » Previous prospector drill intercepts include: » Craig: 6m @ 37
Slide 19: First pass shallow RC drilling
» First pass shallow RC drilling tested high grade gold targets. » DWRC013 9m @ 17.04 g/t au from 76m including 4m @ 36.10 g/t au from 76m, including 1m @ 115.7 g/t au from 76m Re assay of 1m @ 220.5 g/t au. » DWRC014 6m @ 5.65 g/t au including 3m @ 9.67 g/t au from surface » Presence of coarse gold
Slide 20: Dodgers Well Project cross section
Linger & Die AIN ay _ Ba o> DODGERS WELL PROJECT im @ 1157 git Au (Reauegy 1220 gt Au) TERRAIN MINERALS LTD UMS ZAIN Dodgers Well Project Shear ed Linger & Die Main Pit Cross Section —— se
Slide 21: Dodgers Well Project
DODGERS WELL PROJECT TERRAIN MINERALS LTD 7tUN IN Dodgers Well Project || Rese Shs sates Wenge Eat A i acca |
Slide 22: Project Update — East Kambalda
TERRAIN MINERALS Project Update — East Kambalda )
Slide 23: East Kambalda Location Map
Slide 24: Aztec Dome similarities to Kambalda Dome
» Similar Structure: a dome intersected and adjacent to major faults » Similar Geology: basalts, minor shales, ultramafics, syenite intrusions » Similar Trace Element Geochemistry » Similar magnetic and gravity signatures » Presence of nickel sulphides
Slide 25: Kambalda Dome v Aztec Dome cross sections
5 re." Kambalda Dome V Aztec Dome Kambalda Dome Idealised Cross Section [| Granitoid intrusion [Basalt [| Ultramafic Ly Sediment ECE Nickel deposits ————— Aztec Dome Idealised Cross Section AsD0001
Slide 26: Aztec Dome Geophysical Map + Drill Holes
TERRAIN MINERALS Aztec Dome Geophysical Map + Drill Holes
Slide 27: Aztec Dome IP anomalies
» Four IP anomalies - Disseminated sulphides in each (up to 20%). “Anomaly C” » Sulphides with high magnesian basalts » Narrow bands of ultramafic, above the main ultramafic horizon(s). “Anomaly A” » AZRC009 intersected a 143m wide zone (81m –224m) of anomalous nickel values (up to 0.32%). » Associa
Slide 28: EM survey and next steps
» EM survey identified; » 2 strong conductors 140- 400m depth along eastern edge of Aztec Dome. » What’s Next? » Diamond core drilling required to: » test geophysical & geological targets, » better define ultramafic host stratigraphy, and » test for nickel sulphides. » Coogee Gold Deposit - for sale
Slide 29: Aztec Dome EM Anomaly
INERALS “LIN Aztec Dome EM Anomaly 1 2005 B00E 3882008 PLAN VIEW
Slide 30: Plan view
| | PLAN VIEW
Slide 31: Upcoming plans and drill programs
» Successfully mine Celtic and bank $2-3m. » Plan a $1m drill program at Wonder Nth/Great Western to add minable resources, (aim is to grow to 350koz). » Plan Terrain’s next mining campaign at (Wonder Nth/Great Western). » Plan a drill program at the Aztec Dome to test the EM anomaly's with Diamond
Slide 32: Thank You
INERALS Chris Tomich Terrain Minerals Ltd Managing Director =61 (8) 9331 5558 Work =61 (0} 400 206 734 Mobile chris.tomich @terrainminerals.com.au Thank You
Slide 33: Resource totals
Measured Indicated Inferred TOTALS Deposit Tonnes Grade Tonnes Grade Tonnes Grade Tonnes Grade Ounces(‘ (‘000) (g/t) (‘000) (g/t) (‘000) (g/t) (‘000) (g/t) 000) Wonder 354 2.3 872 2.4 1314 1.9 2540 2.1 172.6 North Celtic 684 1.8 199 1.5 204 1.5 1088 1.7 58.1 Great 58 3.0 284 2.8 131 2.3 473 2.7 40.9
Slide 34: Bundarra Regional Map
“23° Bundarra — Regional Map ra \ aye rate Pury Black Cat JV | \ ; Siar-ot the West ‘(Great Western zat = ~ Wonder Pi Bundarra —— u \ a ~
Slide 35: Wonder North Pit
“UN ~~ Wonder North Pit ER
Slide 36: Wonder North drill intercepts legend
LEGEND Grade x metres Pre 2007-08 TMX drill intercepts (12m @ 3.3g/ Au) 2007-08 TMX dil intercepts (16m @ 3.4g/t Au) Plunge of mineralisation
Slide 37: Dodgers Well Drill Hole & Rock Chip Results
DODGERS WELL PROJECT F 28°37S gee. Za 7 -~ LEGEND C—O SD openpit BR Histodo workings 82.0 |X Rock chip sample (ptAu) —> Drill Hole Number with nS metres @ gf Au Se — a” T 129°19E incl 1m @115.7 reassay 1m @ 220.5 u \ 121"20€ TERRAIN MINERALS LTD Dodgers Well Project Drill Hole & Rock Chip Results
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