Vital Metals Ltd · ASX:VML
Vital Metals — Investor Presentation (November 2017)
20 slides from Vital Metals's investor presentation, November 2017
Slide 1: Investor Presentation
For personal use only Investor Presentation November 2017
Slide 2: Disclaimer
Disclaimer For personal use only Competent Person’s Statement The information that refers to Mineral Resources in this presentation was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the information has not mat
Slide 3: Corporate Overview
Corporate Overview For personal use only Top 10 Shareholders Capital Structure (ASX:VML) Share price (16 Nov 2017) A$0.007 per share Shares on issue 1,320 million Market capitalisation A$9.3 million Options on Issue 187 million Cash* A$2.7 million Debt A$1.4 million Enterprise value A$8 million 1 Ye
Slide 4: Directors
Directors For personal use only David Macoboy Non‐Executive Chairman Mr Macoboy holds a Bachelor of Economics and a Bachelor of Commerce from the University of WA. David is a Certified Practicing Accountant. He is a former Chairman of Ammtec Limited, AVZ Minerals Limited and Territory Resources Ltd
Slide 5: Diversified Developer and Explorer
Diversified Developer and Explorer For personal use only Queensland West Africa Queensland Germany Near Term Exploration Exploration Exploration Development Tungsten Gold, Zinc Gold, Copper Tungsten, Tin, Cobalt www.vitalmetals.com.au
Slide 6: Tungsten is a Vital Metal
Tungsten is a Vital Metal For personal use only Tungsten’s very high density and high Tungsten is critical for a range of temperature properties make it unique and vital industries and sectors: for a wide range of applications Industrial engineering End uses: Automotive Cemented carbines
Slide 7: Watershed – Development Ready
Watershed – Development Ready For personal use only Project Summary Key Value Drivers Location Positive DFS Vital Metals acquired the Watershed Project in 2005 DFS (2014) has confirmed a 2.5Mtpa operation will deliver high-quality tungsten concentrate over an initial Watershed is located in fa
Slide 8: Watershed – Development Ready
Watershed – Development Ready For personal use only Simple Mining Low Cost High Recovery High grade (>65% WO3) Ore High quality Ore is Visible High purity Scheelite concentrate No Molybdenum (Mo) - BDL No Radioactivity No Arsenic High grade scheelite in veins Waste Estimated Pre-Prod Capex^ Pr
Slide 9: Niger – Bouli Project
Niger – Bouli Project For personal use only Exploration Agreement signed to earn interest in a portfolio of three highly prospective gold permits located in Niger, West Africa* Bouli is located 20km to North of the 2.5Moz Samira Hill project High‐grade gold intercepts returned from limited dia
Slide 10: Niger – Bouli Project
Niger – Bouli Project For personal use only Bella Tondi ‐ 20,000 artisanal miners have been RC Drilling planned working a strike length of over 1.5km has never to test Bella Tondi been drill tested 3,000m RC drilling program to test 1.5km structure at Bella Tondi www.vitalmetals.com.au
Slide 11: Burkina Faso - Growing Gold Producer
Burkina Faso - Growing Gold Producer For personal use only 4th largest gold producer in Africa 8 gold mines commissioned since 2007 with most recent being: Karma (Endeavour Mining TSX:EDV) AISC of US$750/oz Yaramoko (Roxgold Inc TSX.V:ROG) AISC of US$760/oz Exceptional geological potential
Slide 12: Located in a Multi Million Ounce Belt
Located in a Multi Million Ounce Belt For personal use only Nahouri project located in a premier gold corridor – the fertile Markoye Fault Corridor Markoye is delivering company making gold grades for those that drill Three 100% owned exploration permits of Birimian Greenstone Along strike f
Slide 13: Nahouri - Similar Structural Setting to Sanbrado
Nahouri - Similar Structural Setting to Sanbrado For personal use only Granite Strong parallels with WAF’s +2Moz Sanbrado 1. Major regional structure that wraps a granite 2. Intersection/interplay between structures 3. Sub‐vertical mineralisation 4. Local very high grades www.vitalmetals.com.au
Slide 14: Nahouri – Zinc Exploration
Nahouri – Zinc Exploration For personal use only Historical exploration work has defined multiple Zn‐ Pb‐Cu anomalies over 30 km of lightly explored contact around the Tiebele dome Previous drill holes only tested depleted oxide zone or shallow mineralisation Targeting Perkoa style VMS occurre
Slide 15: Nabenia Zinc Prospect
Nabenia Zinc Prospect For personal use only Highly prospective for VMS style mineral deposit ‐ 150 x 800m multi‐element soil geochemical anomaly Historic ore grade drill intercepts of: 14.2m @ 3.1% Zn from 44m 6m @ 2.6% Zn from 30m 10m @ 2.7% Zn from 59m including 2m @ 8.3% Zn Mineralisa
Slide 16: Queensland: Gold and Copper Exploration
Queensland: Gold and Copper Exploration For personal use only Elephant Creek (gold) and Peninsula (copper) located in Far North Queensland 2016 exploration at Elephant Creek identified outstanding epithermal gold potential with numerous targets Copper mineralisation observed at Peninsula is ma
Slide 17: Elephant Creek: Emerging Gold system
Elephant Creek: Emerging Gold system For personal use only 2016 RC drilling on Ivory: • 4m @ 26.39 g/t Au from 17m • 6m @ 2.23 g/t Au from 18m • 8m @ 3.37 g/t Au from 42m • 14m @ 2.56 g/t Au from 28m • 9m @ 1.48 g/t Au from 5m • 6m @ 1.46 g/t Au from 51m • 3m @ 2.52 g/t Au from 9m Further drilli
Slide 18: Peninsula: Copper Potential
Peninsula: Copper Potential For personal use only ~150m of copper‐gold rich gossan on surface c.10km south of Elephant Creek May represent sulphide mineralisation at depth Coincident with a magnetic/gravity anomaly First pass reconnaissance drilling intercepted anomalous copper and gold Mo
Slide 19: Germany – Tungsten, Tin and Cobalt
Germany – Tungsten, Tin and Cobalt For personal use only Aue Exploration Permit is prospective for tungsten, tin, cobalt, silver and uranium mineralisation Located in the western Erzgebirge region, the heart of one of Europe’s most famous mining regions, a world‐class mineral field Large tungs
Slide 20: In Summary…
In Summary… For personal use only Watershed Tungsten Project in Queensland is a near term development opportunity Currently working to update – resource, metallurgy, project capex, arranging offtake and project finance 3,000m RC drilling program to test the 1.5km Bella Tondi prospect in Niger