Focus Minerals Ltd · ASX:FML
Focus Minerals — Shareholder Meeting (May 2016)
18 slides from Focus Minerals's shareholder meeting presentation, May 20, 2016
Slide 1: Annual General Meeting Presentation
FFT:FZA ASX:FML Focus Minerals Ltd For personal use only Focus’ 1.2Mtpa Three Mile Hill processing plant in Coolgardie, WA Annual General Meeting Presentation ASX:FML 20 May 2016 focusminerals.com.au
Slide 2: Disclaimer Statement
Disclaimer Statement This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. For personal use only The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making inv
Slide 3: Focus has the key ingredients for success
Focus has the key ingredients for success Focus has a clear purpose: Enable a profitable and sustainable restart of operations For personal use only Focus has the right land • Highly prospective tenure in two of Australia’s leading gold producing regions, Coolgardie and Laverton. Focus has the right
Slide 4: Corporate overview: Well structured for growth
Corporate overview: Well structured for growth For personal use only Corporate Information Board of Directors ASX Code FML Dianfei Pei Non-Executive Chairman Shares on Issue 182.75M Wanghong Yang Interim CEO Share price at 19 May 2016 $0.460 Gerry Fahey Non-Executive Director Market capitalisation a
Slide 5: Assets overview: 700km2 of prime gold country
Assets overview: 700km2 of prime gold country Highly prospective landholding in two of Australia’s leading gold districts For personal use only Coolgardie Gold Project • 1.97Moz JORC-reported gold Mineral Resource base across multiple deposits • 1.2 Mtpa Three Mile Hill plant • Landholding of ~200 k
Slide 6: Coolgardie: Pulling the pieces together
Coolgardie: Pulling the pieces together Coolgardie is the ‘Mother of the Goldfields’ - Focus is building the next generation For personal use only Clear goal: Restart when sufficient Ore Reserves to enable five years of high margin production Converting to Ore Reserves have been defined. and advanci
Slide 7: Tindals: Potential to be backbone of future production
Tindals: Potential to be backbone of future production Current Mineral Resources of 13.2Mt @ 2.5g/t Au For personal use only for 1.05Moz Au The company’s goal is to grow resources and convert Mineral Resources to Ore Reserves. We’ve already had success extending the known mineralisation at Possum an
Slide 8: Tindals highlight #1: Brilliant
Tindals highlight #1: Brilliant Overview For personal use only Brilliant deposit is fault-controlled and consists of several discrete east-dipping lodes. Mineralisation is mainly associated with altered diorites on or near a sheared mafic/ultramafic contact. Recent Exploration Success Drilling activ
Slide 9: Brilliant target areas
Brilliant target areas For personal use only Our next steps at Brilliant are designed to help expand Mineral Resources • Further drilling on the western side of the Brilliant Pit to further investigate the potential for footwall lodes • Drilling in the north of the Brilliant pit to test the gap betw
Slide 10: Tindals highlight #2: Possum
Tindals highlight #2: Possum For personal use only Overview Mineralisation at Possum is generally hosted within or near the contacts of narrow silicified diorites in the black shale. Two additional styles of mineralisation within a sulphidic black shale in the absence of diorite and within a massive
Slide 11: Possum target areas
Possum target areas Our next steps at Possum are designed to further delineate the mineralised system For personal use only • Follow-up drilling is planned to: o Test the extent of high-grade mineralisation around the Possum Pit. o In-fill drilling to increase the confidence in the identified minera
Slide 12: Bonnie Vale: High grade resource with untapped potential
Bonnie Vale: High grade resource with untapped potential Overview For personal use only Bonnie Vale gold mineralisation is hosted in large (strike lengths >300m) quartz reefs which range in thickness from centimetre scale to several metres. The known reefs strike sub-parallel to the edge of the tona
Slide 13: Bonnie Vale: High grade resource with untapped potential
Bonnie Vale: High grade resource with untapped potential Our next steps at Bonnie Vale seek to grow Mineral Resources and convert to Ore Reserves For personal use only • In-fill drilling at the Quarry Reef with the goal of expanding the Mineral Resources. • Follow-up drilling on the encouraging resu
Slide 14: Laverton: Hunting for the company maker
Laverton: Hunting for the company maker Laverton has a history of 500,000oz+ mines. We’re searching for the next one. For personal use only Clear goal: Discover enough Ore Reserves to justify standalone production. Converting to Ore Reserves and advancing to development projects Focus is targeting t
Slide 15: Karridale: A significant gold mineralisation system
Karridale: A significant gold mineralisation system Overview Recent Exploration Success For personal use only Gold mineralisation at the Karridale Project is Karridale and Boomerang were small scale historic primarily associated with multiple, stacked, broad workings. Focus recognised their flat nor
Slide 16: Lancefield: A sleeping giant
Lancefield: A sleeping giant For personal use only Lancefield is back on the radar in 2016 • Prior to the discovery of Granny Smith / Sunrise Dam, Lancefield was the largest mine in the Laverton District. • Current Mineral Resource inventory of 2.8Mt @ 6.6g/t Au for 596,000 ounces. The grade and fut
Slide 17: Contact details
Contact details For personal use only Dane Etheridge Company Secretary and GM Business Development Mail: PO Box 3233 East Perth ,WA, 6892 Phone: +61 8 9215 7888 Email: info@focusminerals.com.au Web: www.focusminerals.com.au
Slide 18: Combined Mineral Resources (Dec 2015)
Combined Mineral Resources (Dec 31 2015) Measured Resources Indicated Resources Inferred Resources Total Resources For personal use only Tonnes Grade Tonnes Grade Tonnes Grade Tonnes Grade Ounces Ounces Ounces Ounces '000t Au g/t '000t Au g/t '000t Au g/t '000t Au g/t COOLGARDIE GOLD PROJECT Tindals