Vault Minerals Limited · ASX:VAU
Vault Minerals — RED 5 — Corporate Update (March 2010)
7 slides from Vault Minerals's corporate update, Mar 29, 2010
Slide 1: Siana Gold Project update - March 2010
For personal use only RED 5 Limited Siana Gold Project update - March 2010 RED5 Limited
Slide 2: Board changes
For personal use only Board changes Kevin Dundo and Barry Bolitho join board Lance Govey and Peter Rowe retire Board governance improves - now 4 NEDs and one executive, previously 3 NEDs and two executives Board skill set moves from typical explorer to more appropriate for a producer status
Slide 3: Management appointments
Management appointments For personal use only Project director – Dave Jerdin former Leightons (Asia) executive, builds include Masbate, Didipio, Rapu Rapu Chief Financial Officer - Joe Mobilia Mine Manager – current and past Surigao del Norte operations postings Compliance officers – with mi
Slide 4: Project status
Project status For personal use only EPCM contract awarded to TWP Mining contract submissions under review Dewatering pump orders placed Deutsche Bank financing package due diligence – technical review by BDA complete, legal on-going. No show stoppers. Mine access road and site buildings c
Slide 5: About TWP
About TWP For personal use only TWP is a subsidiary of the JSE listed Basil Read Holdings Ltd, a multi-disciplinary engineer, project manager & constructor Employs 950 engineers, project managers, technical staff, technical support, construction resources Experience in the provision of FEED, E
Slide 6: Design Development: 3D, 4D and 5D Modelling
For personal use only Design Development 3D Modelling TWP ensures that the engineering design is translated into a quality product using a 3D model at the outset. 2D drawings and shop detail drawings for fabrication purposes are outputs of the 3D model. The 3D model is controlled and therefore forms
Slide 7: Mapawa
Mapawa For personal use only MDD001 hole completed at 546 metres - 100 metres beyond planned depth - evidence of bulk tonnage gold potential confirmed in porphyry host - confirms IP modelling MDD002 completed at 560 metres - sample consignment in progress - increased sulphide content observed RE