Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — Investor Presentation (August 2024)
22 slides from Zenith Minerals's investor presentation, Aug 26, 2024
Slide 1: Australian-based mining exploration company – Immediate gold focus
Australian-based mining exploration company – Immediate gold focus Investor update - 26 August 2024 (ASX:ZNC)
Slide 2: Forward looking statements and JORC statements
Forward looking statements Some statements in this Company Update regarding prospects, estimates or future events are forward looking statements. They involve risks and uncertainties that could cause actual results to differ from estimated results. Forward looking statements include estimates or ass
Slide 3: Investment Highlights
“New Dawn” – New strategic focus on gold with new management Three exciting gold projects – High quality, drill ready targets Investment at 100% owned Dulcie Far North “DFN” (WA) and Highlights Red Mountain (QLD) Positioned to become a multi-project gold producer Maintaining a strategic hold on our
Slide 4: Strong Executive Team
ASX:ZNC Andrew Smith Geoff Rogers Nicholas Ong Managing Director/CEO Non-Executive Director Company Secretary Andrew Smith is a Geoff Rogers is a Nicholas Ong has 20 years Strong seasoned mining executive with 15 years of experience. corporate and resources lawyer with over 40 years of of experience
Slide 5: Company Snapshot
ASX:ZNC Share Price Project Ownership % Note Red Mountain Gold 100% Wide zone of mineralisation $0.048 Split Rocks Shares on Issue Dulcie Far North Au 100% 150koz Gold Resource Company Market Cap 352.4m Rio Lithium 100% 11.9Mt Li2O Resource $17m Snapshot Cash1 Waratah Well Lithium Earaheedy Zinc 100
Slide 6: Gold – High Quality Drill Ready Targets
Gold – High Quality Drill Ready Targets 10m @ 10.2 g/t Au 129m @ 0.51 g/t2 12m @ 6.1 g/t Au 19m @ 1.9 g/t Au1 21m @ 5.0 g/t Au 12m @ 2.0g/t Au and 26m @ 2.5 g/t Au 3 Notes: 1. ASX Releases: 13-Jun-23, 25-Jan-23 & 14-Jun-22 2. ASX Release: 29-Aug-23 3. ASX Release: 5-Oct-22 Zenith Minerals Limited In
Slide 7: Dulcie Far North – Gold (WA)
Dulcie Far North – Gold (WA) 100% owned1 Multi-million-ounce gold district Excellent access & infrastructure. Maiden Inferred Mineral Resource – 3.3 million tonnes @ 1.4 g/t Au for 150,000 ounces1 High grade gold, including: • 12m at 6.1 g/t Au1 • 5m at 10.6 g/t Au • 12m at 2.9 g/t Au and • 3m at 10
Slide 8: Dulcie Far North - Grow to stand-alone size
Dulcie Far North - Grow to stand-alone size Upside in multiple untested drill targets: N • T1a & T1b – Mineralised zones not resource classified due to wide spaced drilling • T2 - Footwall untested, indications of additional lodes underneath existing drilling • T3 - Northern strike extension • T4 -
Slide 9: Red Mountain – aim at Company making discovery
Red Mountain – aim at Company making discovery Multi-million-ounce gold region. Confirmation of prospectivity and ability to operate mines in this area. Geological analogues - Mt Wright, Mt Leyshon and Mount Rawdon Gold Mines. Extensive visible gold and strong gold grades in upper levels of breccia
Slide 10: Red Mountain Gold-Silver – Exciting Results to Date but Still Wide Open
Red Mountain Gold-Silver – Exciting Results to Date but Still Wide Open Wide open-ended gold system. High-grade gold in western zone. Very thick gold mineralised A B intervals in rhyolite host. Reinterpretation of data sets including IP geophysics provides multiple new targets ready to drill test (T
Slide 11: Cowarra Gold Project - Forgotten gold mine
Cowarra Gold Project - Forgotten gold mine Location & Ownership • Situated in the Lachlan Fold Belt, New South Wales – a region renowned for high-grade gold deposits. Indirectly owned through a 26% stake in Oxley Resources, positioning Zenith with strategic influence over project development. Histor
Slide 12: Driving Growth with New Leadership
Driving Growth with New Leadership Led by our new Managing Director, we are committed to a strategic growth plan that leverages both our gold and lithium assets to enhance shareholder value. Investment Expanding Resource Base for Sustainable Development Focused on growing our gold resource base to a
Slide 13: Lithium – Long term view
Lithium – Long term view • Expansive tenure (470 sq. km) in the Forrestania Greenstone Belt south of Marvel Loch, covering the Split Rocks holding. • Adjacent to Mt Holland. • One of Nine undeveloped JORC Resources in Western Australia. • Waratah Well – Discovery of Li-pegmatites ~20km north of Yalg
Slide 14: Zenith Lithium Projects
Zenith Lithium Projects Split Rocks • JORC Inferred Mineral Resource 11.9Mt @ 0.72% Li2O, 415ppm Cs, 75ppm Nb, 217ppm Sn and 59ppm Ta (0.5% Li2O cut-off grade)1 • Best intersections • 26m @ 1.2% Li2O • 10m @ 1.7% Li2O • 13m @ 1.9% Li2O Waratah Well • 10m @ 1.4% Li2O including 6m @ 2% Li2O (2) Notes:
Slide 15: Split Rocks – Strong Blue-Sky Potential
Split Rocks – Strong Blue-Sky Potential 2022 Program – 100 holes for 22,369m - results include1: Extensive tenement holdings (367 26m @ 1.2% Li2O sq km) in the Forrestania 10m @ 1.7% Li2O greenstone belt north of Mt Holland 13m @ 1.9% Li2O lithium mine (SQM-Wesfarmers) +$9.4M spend on Split Rocks &
Slide 16: Additional Information
Additional Information Zenith Minerals Limited Investor Presentation – August 2024 16
Slide 17: Red Mountain- IP Geophysics Showing the Way
Red Mountain- IP Geophysics Showing the Way ZMRDD052 -213m, brown (Fe-rich) sphalerite in an extension vein, surrounded by disseminated pyrite (1m @ 1.1 g/t Au, 29.9 g/t Ag) Mineralised rhyolite unit from ZRMDD052 (129m @ 0.51 g/t Au) demonstrates strong B correlation between IP chargeability anomal
Slide 18: Split Rocks – Rio Prospect
Split Rocks – Rio Prospect Maiden Rio Mineral Resource – Sep 2023 The Mineral Resource estimate for the Split Rocks Rio project reported at a 0.5% Li 2O cutoff is shown below. The entire resource is classified Inferred and is open at depth and along strike. Pegmatite domains and optimised pit Rio Li
Slide 19: Waratah Well - Lithium
Waratah Well - Lithium Located 20km northwest of Yalgoo in the Murchison Region, 190km from the Geraldton Port Discovery of shallow blind high grade lithium mineralisation from RC drilling in pegmatites 1 just north of an outcropping 4x2km pegmatite field. Pegmatites shallow dipping; up to 24 meters
Slide 20: WA Lithium Projects
WA Lithium Projects Western Australian Lithium Landscape 3 8 7 14 Lithium Lithium Mines JORC Advanced Hydroxide Resources exploration Facilities plays (Tianqi, Covalent and Kemerton) Zenith owns one of each of these Notes: 1. ASX Release 3-Jul-24 Slide 23 for Exploration Project details, (excludes R
Slide 21: Additional Zinc Exposure via Earaheedy JV – Free Carry
Additional Zinc Exposure via Earaheedy JV – Free Carry Zenith holds a 25% free-carried interest in the Earaheedy Joint 3D View maiden EJV Zn-Pb-Ag Inferred Mineral Resource - 100% basis Venture (EJV) with Rumble Resources Ltd (ASX:RTR) An emerging Tier-1 base metal province in WA Maiden Zn Pb Ag Inf
Slide 22: Australia-Focused Diversified Mineral Developer
AUSTRALIA-FOCUSED DIVERSIFIED MINERAL DEVELOPER Zenith Minerals Limited (ASX:ZNC) www.zenithminerals.com.au
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