Red Metal Limited · ASX:RDM
Red Metal — Investor Presentation (February 2014)
20 slides from Red Metal's investor presentation, Feb 20, 2014
Slide 1: Investor Presentation February 2014
For personal use only ASX:RDM Investor Presentation February 2014 2013 Queensland Explorer of the Year
Slide 2: Caution Regarding Forward-Looking Statements
Caution Regarding Forward-Looking Statements For personal use only Statements regarding the Company’s plans with respect to exploring its projects are forward-looking. There can be no assurance that any mineralisation identified will be proven to be economic, that future evaluation work will con
Slide 3: Corporate Profile
Corporate Profile For personal use only ASX:RDM Issued Capital 144,771,919 Ordinary shares 9,300,000 Unlisted options Directors Rob Rutherford Managing Director Russell Barwick Chairman Joshua Pitt Non-executive Director Well Managed Very attractive asset base Low overheads with
Slide 4: Searching for Giants
For personal use only $10 $20 $30 $40 $50 $60 $70 $0 PEGMONT- QLD NiCu CuAu AuCu AREA55- NT PbZnAg NORTH PORTIA- SA ROVER 1- NT JERVOIS- NT ELOISE- QLD MAROCHYDORE- WA ROCKLANDS- QLD BASIL- NT KANMANTOO- SA WALFORD CREEK- QLD E1 MONAKOFF- QLD MUTOOROO- SA LADY ANNIE- QLD MT ROSEBY- QLD BROWNS EAST-
Slide 5: Market Values of Australian Deposits
For personal use only $10 $20 $30 $40 $50 $60 $70 $0 PEGMONT- QLD NiCu CuAu AuCu AREA55- NT PbZnAg NORTH PORTIA- SA ROVER 1- NT JERVOIS- NT ELOISE- QLD MAROCHYDORE- WA ROCKLANDS- QLD CDU $404M BASIL- NT KANMANTOO- SA WALFORD CREEK- QLD HGO E1 MONAKOFF- QLD $106M MUTOOROO- SA LADY ANNIE- QLD MT ROSEB
Slide 6: Searching for Giants: In Ground Value
Searching for Giants For personal use only In Ground Value A$ Bn : Tier 1 “Country Makers” Province Deposit Mt Lead Zinc Silver Copper Gold In ground % % g/t % g/t $AUS Bn Timmons Kidd Creek Canada 124 0.2 6.2 87 2.3 $47 Isa DUGALD RIVER 53 1.9 12.5 36 $18 Isa CENTURY 98 1.7 11.6 43 $32 Isa MOUNT IS
Slide 7: Cannington Mine
Cannington Mine BHPB owned 100% For personal use only Cannington Plan Worlds largest silver and lead mining operation One of the worlds lowest cost producers High-Grade Vent Core(?) Total published resources Underground (1998) 500m 48Mt @ 11.6% lead, 4.4% zinc, 538g/t silver Proposed O
Slide 8: Mount Isa Project Focus
Mount Isa Project Focus For personal use only Silver-Lead ± Zinc QLD Maronan Silver-Lead - Cannington look alike Copper ± Gold QLD Recently discovered high-grade intercepts below Corkwood (Xstrata JV) northern fold structure; Walford Creek East Nextisa (plus Ag-Pb-Zn) Thicker, shallower,
Slide 9: Mount Isa Inlier
Mount Isa Inlier Mount Isa Inlier For personal use only Worlds most productive silver-lead- zinc terrain and geological time period Giant silver-lead-zinc deposits include Cannington, Mount Isa, George Fisher, Century, Lady Loretta, Dugald River, HYC and Broken Hill Significant copper deposi
Slide 10: Maronan Project
Maronan 100% Red Metal For personal use only Two separate mineral systems Bedded Cannington or Broken Hill- type silver-lead mineralisation Partially overprinted by Osborne-type copper-gold Excellent Infrastructure 80 kilometres by bitumen due north of Cannington Mine, 50 kilometres by
Slide 11: Historic Drilling
Maronan Historic Drilling 43 wide spaced core holes on 200m x 200m For personal use only spacing MRN13002 Two separate, parallel, banded iron formation (BIF) horizons Each BIF is about 50m true width Zoned from distal iron oxide-silicate to lead MRN13001 sulphide-carbonate towards the core
Slide 12: Recent Drilling
Recent Drilling For personal use only Northern Hinge Zone Target MRN13002 2.3m @ 9.8% lead, 277 g/t silver; 13.7m @ 7.9% lead, 230 g/t silver; 10.1m @ 8.9% lead, 202 g/t silver; 15.1m @ 5.8% lead, 134 g/t silver;
Slide 13: Silver-Lead Open at Depth, North and Shallower
Maronan Silver-Lead Open at Depth, North and Shallower For personal use only ”New Discovery” First strong lead/silver at Northern Hinge Zone
Slide 14: Copper-Gold Open at Depth
Maronan Copper-Gold Open at Depth For personal use only MRN13001 115m @ 0.8% Cu, 0.5 g/t Au including 13m @ 1.6% Cu, 1.0g/t Au and 9m @ 2.1% Cu, 1.4g/t Au
Slide 15: Recent Drilling
Recent Drilling For personal use only Bedded Carbonate-Lead Sulphide Copper Vein Zone carbonate-galena±calcsilicate silica-chalcopyrite- pyrrhotite±magnetite
Slide 16: Recent Drilling: Bonanza Potential
Recent Drilling For personal use only Galena enrichment or “bonanza zones” focused in the hinge zone to complex folded beds Bedded carbonate-galena MRN13002 MRN13001 Banded carbonate-lead sulphide from MRN13002, 526.9m Grading 15.4% lead, 378g/t silver “Bonanza Potential” at Fold Apex
Slide 17: Zoned Vent System Model
Maronan Silver-Lead For personal use only Vent Core Deeper Maronan Target Semi-massive Lead sulphide Modern Day Vents Vent Core? Cannington Long Section Deposited at Ancient Seafloor as Zoned Vent System Possibly similar to modern day “White Smokers” or “Black Smokers” Zoned from distal Iron O
Slide 18: Silver-Lead Open at Depth, North and Shallower
Maronan Silver-Lead Open at Depth, North and Shallower For personal use only Shallow Ore Potential Bonanza Potential to North Vent Core Target At Depth
Slide 19: 3D View
Maronan 3D View For personal use only Northern Hinge Zone MRN13002 2.3m @ 9.8% lead, 277 g/t silver; 13.7m @ 7.9% lead, 230 g/t silver; 10.1m @ 8.9% lead, 202 g/t silver; 15.1m @ 5.8% lead, 134 g/t silver; Bonanza Potential at Fold Apex Vent Core Target At Depth
Slide 20: Greenfields Explorer
Greenfields Explorer For personal use only Tight Capital Structure 144,771,919 Ordinary shares 9,300,000 Unlisted options Awarded Exploration Team Innovation/Bold Drilling/Success Well Managed Low overheads >90% cash raised spent on exploration Number of well funded joint ventures