Focus Minerals Ltd · ASX:FML
Focus Minerals — Shareholder Meeting (May 2017)
20 slides from Focus Minerals's shareholder meeting presentation, May 25, 2017
Slide 1: Annual General Meeting Presentation
FFT:FZA ASX:FML Focus Minerals Ltd For personal use only Focus’ 1.2Mtpa Three Mile Hill processing plant in Coolgardie, WA Annual General Meeting Presentation ASX:FML May 2017 focusminerals.com.au
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. For personal use only The information in this presentation is an overview and does not contain all information necessary for investment d
Slide 3: Corporate overview: Well structured for growth
Corporate overview: Well structured for growth For personal use only Corporate Information Board of Directors ASX Code FML Dianfei Pei Non-Executive Chairman Shares on Issue 182.75M Wanghong Yang Interim CEO Share price at 19 May 2017 $0.42 Gerry Fahey Non-Executive Director Market capitalisation at
Slide 4: Focus has the key ingredients for success
Focus has the key ingredients for success Focus has a clear purpose: Profitable and sustainable restart of operations For personal use only Focus has the right land • Highly prospective tenure in two of Australia’s leading gold producing regions, Coolgardie and Laverton. Focus has the right people •
Slide 5: Two track strategy: Near Term Production at Three Mile Hill
Two track strategy being implemented Track One: Near Term Production at Three Mile Hill For personal use only Four reasons Coolgardie has potential for near term production: 1. 2.12Moz JORC Code gold resource base in multiple deposits. 2. 1.2 Mtpa Three Mile Hill plant in care and maintenance. 3. Gr
Slide 6: Two track strategy: Discovery of Company Maker at Laverton
Two track strategy being implemented Track Two: Discovery of Company Maker at Laverton For personal use only Focus’ Laverton operations contains a 1.83Moz resource base and a 1.45Mtpa plant. Exploration prioritising discovery of substantial, 1Moz+ deposits. Two exciting prospects: • Karridale remain
Slide 7: Coolgardie: PFS nearing completion but hunt continues
Coolgardie: PFS nearing completion but hunt continues Coolgardie is the ‘Mother of the Goldfields’ - Focus is building the next generation For personal use only Clear goal: Restart when sufficient reserves to enable five years of high Converting to Reserve and advancing to development Bonnie Vale ma
Slide 8: Tindals: Potential to be backbone of future production
Tindals: Potential to be backbone of future production Current Mineral Resources of 13.98Mt @ For personal use only 2.6g/t Au for 1.16Moz Au The company’s goal is to grow resources and convert resources to reserves. We’ve already had success extending the known mineralisation at Brilliant and Possum
Slide 9: Tindals highlight 1: Brilliant exploration
Tindals highlight 1: Brilliant exploration Overview For personal use only Brilliant deposit is fault-controlled and consists of several discrete east-dipping lodes. Mineralisation is mainly associated with altered diorites on or near a sheared mafic/ultramafic contact. Recent Exploration Success Dri
Slide 10: Brilliant target areas
Brilliant target areas Our next steps at Brilliant are designed to expand Mineral Resources For personal use only • We expect to finish our Brilliant drilling campaign in the next couple of weeks. It is designed to follow up the mineralisation delineated from previous drilling and also test the exte
Slide 11: Tindals highlight 2: Possum
Tindals highlight 2: Possum Overview For personal use only Mineralisation at Possum is generally hosted within or near the contacts of narrow silicified diorites in the black shale. Two additional styles of mineralisation within a sulphidic black shale in the absence of diorite and within a massive
Slide 12: Possum target areas
Possum target areas Our next steps at Possum are designed to further delineate the mineralised system For personal use only • Follow-up drilling dependent on Mineral Resource results. • Additional exploration targets in the footwall of New Australasia and along strike to the south. • Several analogo
Slide 13: Bonnie Vale exploration summary
Bonnie Vale exploration summary Overview For personal use only Bonnie Vale gold mineralisation is hosted in large (strike lengths >300m) quartz reefs which range in thickness from centimetre scale to several metres. The known reefs strike sub-parallel to the edge of the tonalite, with the main orien
Slide 14: Bonnie Vale: High grade resource with untapped potential
Bonnie Vale: High grade resource with untapped potential Our next steps at Bonnie Vale seek to grow Mineral Resources and convert to Ore Reserves For personal use only • Follow up drilling at the east of Quarry Reef with the goal of expanding the Mineral Resources. • Further drilling on the encourag
Slide 15: Lindsays open pit: Large resource close to mill
Lindsays open pit: Large resource close to mill For personal use only Overview The main gold mineralisation at Lindsays consists of a series of stacked en-echelon quartz shear hosted lenses. At west of the pit the mineralisation consists of a series of north-south striking veins and shears which typ
Slide 16: Laverton: Hunting for the company maker
Laverton: Hunting for the company maker Laverton has a history of 500,000oz+ mines. We’re searching for the next one. For personal use only Clear goal: Define Mineral Resources sufficient to justify standalone production. Converting to Reserve and advancing to development projects Focus is targettin
Slide 17: Karridale: A significant gold mineralisation system
Karridale: A significant gold mineralisation system Overview Recent Exploration Success For personal use only Gold mineralisation at the Karridale Project is Karridale and Boomerang were small scale historic primarily associated with multiple, stacked, broad workings. Focus recognised their flat nor
Slide 18: Lancefield: A sleeping giant
Lancefield: A sleeping giant Lancefield is back on the agenda in 2017 For personal use only • Prior to the discovery of Granny Smith / Sunrise Dam, Lancefield was the largest mine in the Laverton District. • Current Mineral Resource inventory of 2.8Mt @ 6.6g/t Au for 596,000 ounces. The grade and fu
Slide 19: Summary: A busy months ahead for the exploration team
Summary: A busy 6 months ahead for the exploration team! Coolgardie For personal use only Expect to undertake a regional exploration program in the second half of the year (e.g. Norris, Mystery Mint, Bonnie Vale North, Jolly Briton). Additional brownfields exploration in the Tindals District is bein
Slide 20: Combined Mineral Resources (May 2017)
Combined Mineral Resources (May 24 2017) Measured Resources Indicated Resources Inferred Resources Total Resources For personal use only Tonnes Grade Tonnes Grade Tonnes Grade Tonnes Grade Ounces Ounces Ounces Ounces '000t Au g/t '000t Au g/t '000t Au g/t '000t Au g/t COOLGARDIE GOLD PROJECT Tindals