Nex Metals Exploration Ltd · ASX:NME
Nex Metals Exploration — Nex Metals Explorations — Shareholder Meeting (November 2010)
14 slides from Nex Metals Exploration's shareholder meeting presentation, Nov 30, 2010
Slide 1: Nex Metals Explorations Ltd
Explorations Ltd www.nexmetals.com
Slide 2: Disclaimer
For personal use only Disclaimer • This presentation is provided to you for the sole purpose of providing preliminary background technical, financial and other information to enable you to review the business activities of Nex Metals Explorations Ltd. • The material provided to you does not constitu
Slide 3: Located in Historical Mining Area
For personal use only Located in Historical Mining Area 200km north of Kalgoorlie on a bitumised all weather highway. Bus in bus out (Kalgoorlie) workforce 3
Slide 4: Huge Exploration Upside
Huge Exploration Upside For personal use only • Many prospects being evaluated and many more are ready to drill. • All resource estimations include close-spaced RC drilling and are JORC compliant • Resources are at surface, flat lying and with low ore to waste strip ratios. • 100% Nex Metals 4
Slide 5: Resource Estimate Summary Total Kookynie Gold Project
ey) Nex Metals Table 1; Resource Estimate Summary Total Kookynie Gold Project Resource summary at a 0.35g/t cut-off grade Phase 1 deposits Measured Indicated Inferred Total Mt Aug/t Ounces Mt AugA Ounces Mt Au git Ounces Mt Au gh Ounces Orient Well Laterite Z 0.67 0.53 11,000 1.17 0.4 15,000 184 05
Slide 6: For personal use only
For personal use only • Kookynie Gold Project 100% owned, with 22.18Mt resources for 749,000 ounces of gold (ASX). • Robust Economics, annual production potential in excess of 100,000 oz au / pa. • Central Location close to infrastructure. • Mid Tier Gold Production Targeted & Long Mine Life Potenti
Slide 7: Robust Project Economics
For personal use only Robust Project Economics Current 3 Year Kookynie Gold Production Plan • Year 1 - July 2011 to June 2012 EBITDA $14M** 26,000 ounce Gold production. • Year 2 - July 2012 to June 2013 EBITDA $29M** 100,000 ounce Gold production. • Year 3 - July 2013 to June 2014+ EBITDA $42M** 12
Slide 8: Low Initial Start Up Cost ($5M)
For personal use only Low Initial Start Up Cost ($5M) Mine Site Infrastructure Setup & Paid For! • 40 person camp $ 2,500,000 • haul roads $ 2,500,000 • remnant 1.2 Mt/a CIP gold treatment plant+ ROM pads etc $ 3,500,000 • flora and fauna studies 1 year time saved • abundant excellent quality Raw Pr
Slide 9: Mid Tier Gold Production Targeted, Long Mine Life Potential
For personal use only Mid Tier Gold Production Targeted, Long Mine Life Potential. The Nex 3 Phase Plan for Growth Part 1 – Near term cash flow generation Part 2 - Expansion of shallow 1990’s open pits 4+ yrs. (Targeting production of 100,000 to 150,000 ounces of gold in 2012 and 2013) Part 3 - Esta
Slide 10: Orient Well / JJ Laterite and Heap Leach
For personal use only Orient Well / JJ Laterite and Heap Leach 10
Slide 11: Expansion of shallow 1990's open pits
For personal use only Part 2 – Expansion of shallow 1990’s open pits due to a historically high gold price. • Nex targets greater than 100,000 ounce p/a gold production in 2012+. • Huge exploration potential. • Excellent preliminary metallurgical results for Heap Leach Processing. 11
Slide 12: Butterfly / Admiral Area
Nex Metals Undérexpiored With!potential for depiieontinuity of ore Nex Metals Explorations Lid Butterfly / Admiral Area Map Data|Sclances FlyLtd PSMA 009) Digital lobe
Slide 13: For personal use only
For personal use only 13
Slide 14: Kookynie Gold Project
Explorations Ltd www.nexmetals.com Kookynie Gold Project 2oroioa/t4
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