Vault Minerals Limited · ASX:VAU
Vault Minerals — Red 5 — Shareholder Meeting (November 2018)
16 slides from Vault Minerals's shareholder meeting presentation, Nov 21, 2018
Slide 1: Annual General Meeting – Presentation to Shareholders
Annual General Meeting 21 November 2018 For personal use only Presentation to Shareholders – ASX Code: RED Mark Williams, Managing Director
Slide 2: Competent Person's Statement and Disclaimer
Competent Person’s Statement and Disclaimer Competent Person Statement for Exploration Results For personal use only The information in this presentation which relates to Exploration Results is extracted from ASX announcements titled “High-Grade Drilling Results Confirm Potential for Resource Extens
Slide 3: Red 5 – Corporate Summary
Red 5 – Corporate Summary For personal use only Share Price Issued Shares Market Cap Kevin Dundo Chairman (at 20/11/18) (undiluted) (at 20/11/18) Mark Williams Managing Director A$0.071 1,242.0M A$88.2M Ian Macpherson Non-executive Director Colin Loosemore Non-executive Director Enterprise V
Slide 4: A Year of Major Milestones
A Year of Major Milestones For personal use only October 2017 – Assumed operational control at Darlot and KOTH December 2017 – Initial Ore Reserve estimate for Darlot of 131Koz January 2018 – Commenced mining operations at KOTH April 2018 – Exceptional drill results upgrade mining potential at Darlo
Slide 5: Red 5 Projects: 2.7Moz Resource Inventory
Red 5 Projects: 2.7Moz Resource Inventory Siana Gold Project, Philippines For personal use only • Open pit and underground mining Darlot Gold Mine, WA • CIL process plant • Underground mining • Operations temporarily suspended • CIL process plant Mapawa Project, Philippines King of the Hills Gold Pr
Slide 6: Eastern Goldfields Operations – Transitional year
Eastern Goldfields Operations – Transitional year For personal use only FY2018 production of 48,259oz (Oct – Jun) - ore sourced predominantly from Darlot, with a growing contribution from KOTH Flexible mining strategy to accommodate multiple underground ore bodies, including “right-sizing” minin
Slide 7: King of the Hills – A big producer with big potential
King of the Hills – A big producer with big potential Historical production For personal use only Tarmoola open pit produced 28Mt at 1.8g/t for 1.65Moz contained gold over the period 1985 to 2004. The maximum depth of the open pit in the north is 180m King of the Hills underground has produced 2
Slide 8: King of the Hills – Bulk Tonnage Target
King of the Hills – Bulk Tonnage Target For personal use only Underground Resource increased 64% to 3.89Mt @ 5.3g/t Au for 658Koz Maiden Red 5 Ore Reserve of 0.71Mt @ 3.9g/t for 88Koz Significant zone of high-grade tension veins and stockworks identified along eastern margin of granodiorite co
Slide 9: Darlot - Increased Resources & Reserves
Darlot - Increased Resources & Reserves For personal use only Celebrating 30 years of continuous gold production in November 2018, producing 2.8 million ounces of contained gold Updated JORC 2012 Resource of 6.2Mt @ 4.8g/t Au for 949koz Increased Ore Reserve to 1.92Mt at 3.5g/t Au for 219koz i
Slide 10: Oval – Resource increases 79% in six months
Oval – Resource increases 79% in six months Oval Probable Ore Reserve by Level as at June 2018 For personal use only Level Tonnes Grade g/t Au Contained Gold oz OV738 58,604 7.08 13,347 OV723 72,276 8.22 19,210 OV707 35,878 8.25 9,518 Upper Oval West 167,208 7.83 42,075 OV690 31,607 5.00 5,084 OV673
Slide 11: Darlot – Oval West Mining Now Underway
Darlot – Oval West Mining Now Underway For personal use only • High-grade Oval West deposit discovered by Red 5 in February 2018 • Bulk stoping underway • Expected to contribute to a strong uplift in gold production and reduction in costs in December 2018 Quarter Oval West – 738 Hanging Wall drive d
Slide 12: Darlot – A Treasure Trove of Exploration Opportunity
Darlot – A Treasure Trove of Exploration Opportunity For personal use only Lords High Pipeline of ranked Amplitude exploration and resource targets Large number of bolt-on opportunities for near-term El Dorado Resource and South Reserve growth Recent acquisition of Ockerburry Hill Tenement, 20
Slide 13: King of the Hills – Underexplored Regional Targets
King of the Hills – Underexplored Regional Targets 11,751 ha tenement package in the Leonora Greenstone For personal use only Belt, complete with extensive high-quality exploration datasets: High resolution magnetics High resolution gravity 2D seismic lines (over deposit position) Tenement
Slide 14: Siana Gold Project, Philippines
Siana Gold Project, Philippines Red 5’s Philippine affiliated company, Greenstone Resources has For personal use only received government clearance to construct and operate a new Tailings Storage Facility Previous delays in receiving this approval resulted in the decision to suspend Siana mining
Slide 15: Red 5 – New Mines, Not Old Mines
Red 5 – New Mines, Not Old Mines Commanding 365km2 footprint in the highly-endowed Leonora- For personal use only Leinster gold district – Darlot, King of the Hills and Ockerburry Hill Darlot exploration is delivering broad mineralised intercepts at grades equal to or possibly better than the be
Slide 16: Thank-you
For personal use only Thank-you 16 ASX Code: RED