Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — Shareholder Meeting (March 2014)
21 slides from Zenith Minerals's shareholder meeting presentation, Mar 18, 2014
Slide 1: General Meeting Presentation cover letter
For personal use only 18 March 2014 Company Announcements Office Announcements Office 4th Floor, 20 Bond Street SYDNEY NSW 2000 Dear Sir/Madam Re: General Meeting Presentation 18 March 2014 Please find attached copy of a presentation to be delivered at the General Meeting of shareholders scheduled f
Slide 2: EGM Presentation - S2M2 Transaction
Zenith For personal use only Minerals Limited ABN 96 119 397 938 EGM Presentation - 18th March 2014 S2M2 Transaction „Acquisition of drill-ready Turkish gold project‟
Slide 3: Zenith Minerals Limited - Corporate
Zenith Minerals Limited - Corporate For personal use only ASX code: ZNC Major shareholders: Feb ‘14 Post-Deal Issued shares: 112.3 million HSBC CUSTODY NOM AUST LTD 13.47% 11.46% (post transaction) GIRALIA (ATLAS IRON LTD) 10.8% 9.14% MIQUILINI S 3.46% 5.73% Market Cap: ~A$10 million TILBROOK/GREY W
Slide 4: Transaction rationale
Transaction rationale Earaheedy - Kavaklitepe Gold - Turkey For personal use only Key drivers for the acquisition of S2M2 Coal Pty Ltd; • Allows ZNC holders to participate in upside potential from first drilling into a new, highly prospective and drill-ready gold project at Kavaklitepe • Handy boost
Slide 5: Combined Project Portfolio
Combined Project Portfolio For personal use only Mt Alexander – Iron Kavaklitepe - Turkey • 535 Mt @ 30.0% Fe (magnetite) • 54m @ 3.33g/t Au (surface) • Close to Coast • >800m long soil anomaly, up • Scoping Study Complete to 1 g/t Au • Conc grades av. 69.9%Fe • Surface samples to 28.2g/t Au • New d
Slide 6: Zenith's newly acquired projects
Zenith’s newly acquired projects For personal use only New projects acquired via S2M2 Coal transaction; GOLD– Kavaklitepe (ZNC earning 70%) • Two strong, coherent + 800m long gold in soil anomalies, values over 1 g/t gold • Kuzey soil anomaly -continuous rock chip traverse of 54.0m @ 3.33 g/t gold,
Slide 7: Kavaklitepe Gold - Turkey
Kavaklitepe Gold - Turkey For personal use only Kavaklitepe New gold discovery (2013) in Turkey. Option-JV terms Earning 51%/ 3 yrs $150K option payment $2.5M in ground Earn 70%/ +4 yrs by additional $500K and BFS ZNC plans first drilling into this exciting target Tethyan Metallogenic Belt - highly
Slide 8: Kavaklitepe Gold - Turkey
Kavaklitepe Gold - Turkey For personal use only Kuzey Zone 54m @ 3.33g/t Au Incl 21.5m @ 7.2g/t Au Continuous rock chips Continuous rock sample location Discovery Zone 21m @ 2.67 g/t Au Continuous rock chips Guney Zone Silica clay mica alteration Kavaklitepe – A Grassroots (Kuzey Zone) Discovery in
Slide 9: Kavaklitepe Gold - Turkey
Kavaklitepe Gold - Turkey For personal use only Location of rock samples – Kuzey Zone (SW) View Looking NE Anomalous Gold in Soils * Samples behind trees
Slide 10: Mt Minnie Gold - WA
Mt Minnie Gold - WA For personal use only • Mid-Proterozoic granite batholith • New geological model prospective for reduced intrusion related gold deposits • Trace element metal association including: • bismuth, molybdenum and tungsten. • 7 existing gold prospects over 50km of strike • High grade r
Slide 11: Zenith's two ongoing major projects
Zenith’s two ongoing major projects For personal use only IRON – Mt Alexander (ZNC 100%) • Magnetite iron close to the coast in West Pilbara • JORC Inferred Resource 535 Mt @ 30.0% Fe • Only 50% strike tested -additional Exploration Target • Concentrate av. 69.9%Fe, 2.4%SiO2 (+40microns) • Scoping s
Slide 12: Mount Alexander magnetite iron ore project
Mount Alexander magnetite iron ore project For personal use only Location Plan- local infrastructure options 100% Zenith • Well located close to – sealed roads, gas pipelines • Only 120km from coast near Onslow (Mitsui, Chevron ports) • Base case in 2011 Scoping study - slurry pipeline, tranship by
Slide 13: Mount Alexander magnetite iron ore project
Mount Alexander magnetite iron ore project For personal use only Prominent range +4 km long, Up to 200 metres thick Low waste:ore ratio ~ 1:1, Good compact mining shape
Slide 14: Mount Alexander magnetite iron ore project
Mount Alexander magnetite iron ore project For personal use only Potential for excellent concentrate quality • JORC Inferred Resource of 535Mt @ 30 % Fe is only ~ 50% of target iron formation (“BIF”) area. Clear potential to grow resource within significant additional Exploration Target. • Scoping S
Slide 15: Earaheedy Manganese
Earaheedy Manganese For personal use only Zenith 100% • Zenith first mover, Regional Setting recognised potential new manganese province in Earaheedy Basin in 2010. • Strong tenement position; 75 strike kilometres of target horizon. • Manganese appears both structurally controlled and stratiform. •
Slide 16: Earaheedy Manganese
Earaheedy Manganese For personal use only Drilling Intersections: Lockeridge 2010; •12m @ 11.1% Mn from 28m •3m @ 18.0% Mn from 37m Lockeridge 2013; •3m @ 25.1% Mn from 8m •3m @ 20.2% Mn from 27m Black and Blue 2011; •2m @ 17.1 %Mn, •3m @ 14.3 %Mn Lockeridge Prospect Section 247600E Red Lake 2012 –
Slide 17: Earaheedy Manganese - Red Lake drilling and maiden resource
Mn% ZR L For personal use only ZR RC LR 01 10 20 30 40 50 60 0 1 ZR C0 (2 L R 13 m) a( ZR C0 22 L R 13a m) C (2 0 3 ZR 13 m) L R a(2 4 ZR C0 m) L R 14( 7 ZR C0 m) L R 15( 2 ZR C0 m) L R 21 (6 ZR C0 m) L R 21( 7 ZR C0 m) L R 21 (8 Drillhole Sample, Depth ZR C0 m) L R 24( C 3m Red Lake Dry Screen Test
Slide 18: Conclusions & Forward Program
Conclusions & Forward Program For personal use only Kavaklitepe Gold Project, Turkey (ZNC earning 70%) • Recent grass roots gold discovery in Tethyan Belt – (“elephant” terrain) • Large, virtually drill-ready, high order gold soil anomaly >1km strike Trenching and drilling (permitting in progress)
Slide 19: Activity Schedule
Activity Schedule For personal use only Project Planned Activity Q1 2014 Q2 2014 Q3 2014 Q4 2014 Kavaklitepe Gold Permitting, Mapping and Geophysics Trenching Drilling Mt Minnie Gold Native Title Agreement Mapping and Sampling Mt Alexander Development Partner Assessments Ongoing Evaluate newly purch
Slide 20: Disclaimer
Disclaimer For personal use only Forward looking statements Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties that could cause actual results to differ from estimated results. Forward-looking statements inclu
Slide 21: Zenith Minerals Limited
Zenith Minerals Limited For personal use only Registered office: Postal address: Level 3, 33 Ord St PO Box 1426 West Perth West Perth WA 6005 WA 6872 Telephone: +61 8 9226 1110 Fax: +61 8 9321 0070 Email: info@zenithminerals.com.au Website: www.zenithminerals.com.au Australian Securities ASX: ZNC Ex