Greenx Metals Limited · ASX:GRX
Greenx Metals — Prairie Downs Metals — Investor Presentation (August 2009)
20 slides from Greenx Metals's investor presentation, August 2009
Slide 1: Company Presentation August 2009
Company Presentation August 2009
Slide 2: Disclaimer Notice
Disclaimer Notice The material in this presentation (“material”) is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase any security in Prairie Downs Metals Ltd (“PDZ”) nor does it form the basis of any contract or commitment. PDZ makes no representation
Slide 3: Investment Highlights
Investment Highlights Australian exploration company in strong financial position with significant cash reserves and no debt. Quality asset: 550 km2 tenement holdings with proven mineralisation and massive exploration upside. Current JORC high grade indicated and inferred resource of 1.6 million ton
Slide 4: The Prairie Downs Project
The Prairie Downs Project Page 4
Slide 5: The Prairie Downs Tenure
The Prairie Downs Tenure Page 5
Slide 6: The Past
The Past 1969-1974 Base metal mineralisation confirmed 1980’s & 1990’s Sporadic base metal and uranium exploration October 2005 Prairie Downs Metals Ltd listed on ASX June 2006 Maiden JORC resource announced Oct 2007 Pre feasibility study commenced July 2007 to GFC! Zinc price falls from +$US4,000/t
Slide 7: 2009 Target Generation
2009 Target Generation 51 targets identified, including 9 high priority targets Base metal system Channel iron ore Uranium Archaean gold targets Page 7
Slide 8: The Current JORC Resource
The Current JORC Resource Total Global Inferred and Indicated Resource in three lodes (Main, Zed, Gabbro) is 4.7 million tonnes at a grade of 8.1% zinc + lead and 18g/t silver at a nominal cut-off of 1% zinc (refer to Resource Statement on page 9). This resource contains 295,000 tonnes of zinc, 83,0
Slide 9: Resource Statement
Resource Statement The resource statement provides the classification of the Global Resources including the Indicated Resource and Inferred Resource for the respective lodes. Lode Category Tonnes Zinc Lead Silver Zinc Metal Lead Metal Silver Metal (%) (%) (g/t) (tonnes) (tonnes) (Ounces) Main Local
Slide 10: Why Zinc?
Why Zinc? Improving fundamentals Global supply diminishing Demand growth associated with industrialisation in China and India Source: Anglo American Page 10
Slide 11: Positive outlook for Zinc
Positive outlook for Zinc Zinc price US$ / tonne: 2006 - 2009 Zinc price US$ / tonne: Feb 2009 – present Source: London Metals Exchange Page 11
Slide 12: High Grade Resource Wireframe
High Grade Resource Wireframe Page 12
Slide 13: Deposit Orientation
Deposit Orientation Page 13
Slide 14: Exploration Focus
Exploration Focus Base metals – 6 target zones over 17km strike length. Only 1.2 km of strike length effectively tested to date. Six additional high priority base metals target zones along 17km strike length to be developed. Channel iron ore target. Page 14
Slide 15: Peer Comparison: Grade is King
Peer Comparison: Grade is King PRAIRIE JABIRU TERRAMIN DOWNS (JAGUAR) (ANGUS) Size (Mt) 1.6 1.6 2.4 7% Zn - 2.7% Pb 12.3% Zn – 3.7% Pb 3% Cu - 11.3% Zn - Grade 0.24% Cu - 31g/t Ag - 36 g/t Ag 0.7% Pb - 115g/t A 0.48g/t Au Metallurgical 92% Zn 78% Zn 90% Zn Recoveries 94.8% Pb 87% Cu 85% Pb Contained
Slide 16: Iron Ore Potential
Iron Ore Potential Globally significant iron ore producing region; Pilbara. Channel iron ore target identified in March 2009. Dynasty Metals announced discovery in June 2009 channel iron ore (58.8% Fe) and in situ Marra Mamba formation iron ore (65.0% Fe) in adjoining tenement. Drill program commenc
Slide 17: Capital Structure
Capital Structure ASX Code PDZ Shares on Issue 72.9m Cash at Bank (10 Aug 2009) $4.3m Market Capitalization (10 Aug 2009) $8.0m Page 17
Slide 18: Corporate Information
Corporate Information Shareholders Sempra Metals Limited 5.2% HSBC Custody Nominees 4.2% Top 20 29.8% Directors Jeremy Shervington Chairman John Welborn Managing Director Alec Pismiris Company Secretary Stuart Hall Non Executive Director Page 18
Slide 19: The Future
The Future 1. Build existing base metal resource through exploration with a target of 5 million high grade tonnes. 2. Drill testing of channel iron ore potential. 3. Investigate joint venture opportunities for base metals, iron ore, and other commodities. 4. Complete base metal project feasibility s
Slide 20: www.prairiedownsmetals.com.au
www.prairiedownsmetals.com.au For further information: John Welborn Managing Director info@prairiedownsmetals.com.au +61 8 9225 5755 Page 20
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