Critica Limited · ASX:CRI
Critica — Venture Minerals — Non-Deal Roadshow (September 2010)
28 slides from Critica's roadshow presentation, September 2010
Slide 1: Mt Lindsay - Three Deposits in one
“Mt Lindsay - Three Deposits in one”
Slide 2: Presentation Disclaimer
Presentation Disclaimer Forward Looking Statements This presentation may contain certain forward looking statements and projections regarding: estimated, resources and reserves; planned production and operating costs profiles; planned capital requirements; and planned strategies and corpor
Slide 3: Venture Minerals Highlights
Venture Minerals Highlights The Company p y o Shares on issue - 168 million Market Cap $75m (45 cents) o Major Shareholders - Management, Sophisticated Investors (Chinese & European) World-Class Resource Base >100,000 tonnes of Tin/Tungsten metal Detailed Scoping Study Completed Commenced Pr
Slide 4: Mt Lindsay Deposit: Tin/Tungsten - Strategic Metals
Mt Lindsay y Deposit p Tin/Tungsten - Strategic Metals Tin Market o Tin LME price $US23,000 or approx. 3 times the price of copper (as at 21/09/2010) o The average grade of large hard rock deposits worldwide - 0.4% Sn o China is the world world’ss largest producer and consumer of Tin o Demand grow
Slide 5: Tin production in Indonesia to 2008
Tin production in Indonesia to 2008 140 ’000 tonnes Mined 120 Refined 100 80 60 40 20 0 1980 1985 1990 1995 2000 2005 ITIR: Tin Annual Review 2009
Slide 6: Forecast weeks' supply and prices
Forecast weeks’ supply and prices Weeks’ supply, pp y, price p in US$/tonne $ 14.0 Forecast 30,000 W eeks' supply Prices 12 0 12.0 25,000 10.0 20,000 8.0 15,000 6.0 10,000 4.0 2.0 5,000 0.0 0 1990 1995 2000 2005 2010 ITIR: Tin Annual Review 2009
Slide 7: Mt Lindsay Deposit: Tin/Tungsten - Strategic Metals
Mt Lindsay y Deposit p Tin/Tungsten - Strategic Metals Tin Market o Tin LME price $US23,000 or approx. 3 times the price of copper (as at 21/09/2010) o The average grade of large hard rock deposits worldwide - 0.4% Sn o China is the world world’ss largest producer and consumer of Tin o Demand grow
Slide 8: Directors/Management
Directors/Management g Management team with a wealth of experience, from exploration, through construction, to production Mel Ashton Hamish Halliday Andrew Radonjic Bruce McFadzean John Jetter Non-Exec Chairman Managing Director Technical Director Non-Exec Director Ind. Non-Exec Director National
Slide 9: The Projects
The Projects j Paulsens South Maitland Channel Gawler Craton Mt Lindsay
Slide 10: Slide 10
Slide 11: North-West Tasmania
North-West Tasmania King Island Scheelite 3RUW/DWWD Mt Bischoff Savage River Cleveland Mt Lindsay Renison Bell
Slide 12: Mt Lindsay Project
Mt Lindsay y Project j Mt Lindsay Deposit
Slide 13: Geological Setting
Geological g Setting g Mt Lindsay Deposit No 2 Skarn and Main Skarn No.
Slide 14: High Grade Tin Zone
High Grade Tin Zone No. 2 Skarn Main Skarn Crimson Creek Formation Meredith Granite (with carbonate subunits) High-Grade MacDonald Tin Zone
Slide 15: Main Skarn - Long Section
Main Skarn - Long g Section 11m @ 1.7% Sn 10m @ 0.9% Sn 10m @ 1.1% Sn 16m @ 1.6% Sn 12m @ 0.7% 0 7% Sn 12m @ 0.8% Sn Equi 10m @ 0.6 % Sn 18m @ 0.9 % Sn Equi (0.5% Sn) (0.2% Sn) 10m @ 0.8 % Sn Equi 18 @ 1.4% 18m 1 4% Sn S Equi. (0.3% Sn) (0.9% Sn) 10m @ 1.1% Sn Equi. 24m @ 1.4% Sn (0 8% Sn) (0.8% Equ
Slide 16: Main Skarn - Long Section
Granite 0 100 200m Macdonald Tin Zone Main Skarn 400m Horizontal Scale Main Skarn - Long Section Surface Magnetite - tin skarn 2500mRL | 2250mRL_| 1000 metres depth 2000mRL 1750mRL_| 1500mRL
Slide 17: High Grade Tin & Tungsten Zones
High Grade Tin & Tungsten Zoness No. 2 Skarn Main Skarn Crimson Creek Formation Meredith Granite (with carbonate subunits) High-Grade MacDonald Tin Zone High-Grade Tungsten Zone
Slide 18: No.2 Skarn - Long Section
No.2 Skarn - Long g Section 18m @ 0.8% WO3 Equivalent (0.80% WO3) High g Grade Tungsten g 40m @ 0.78% WO3 Equivalent 22m @ 1.1% WO3 Equivalent (0.40% WO3) (0.64% WO3) 46m @ 1.01% 1 01% WO3 Equivalent (0.61% WO3) 20m @ 1.1% WO3 Equivalent (0.76% WO3)
Slide 19: No.2 Skarn - Long Section
No.2 Skarn - Long g Section 22m @ 1.1% WO3 eq. 18m @ 0.8% WO3 eq. (0.64% WO3) (0.80% WO3) 20m @ 1.2% WO3 eq. (0 76% WO3) (0.76% 42m @ 0.6% WO3 eq. 46m @ 1.0% WO3 eq. (0.3% Sn) High-Grade (0.61% WO3) Tungsten Zone 40m @ 0.8% WO3 eq. 40m @ 0.5% Sn eq. (0.40% WO3) (0.4% Sn) 36m @ 0.5% Sn eq. (0.2% Sn)
Slide 20: Resource Upgrade - March 2010
Resource Upgrade - March 2010 JORC Compliant Inferred Resource Tin (Sn) Tin Equiv Tin (Sn) Tungsten Trioxide Contained Combined Tonnes Equivalent Contained Tin cut-off Grade (WO3) Grade WO3 Metal Grade 0.20% 36Mt 0.40% 0.20% 0.09% 71,000t 34,000t 105,000t 0.35% 13Mt 0.61% 0.32% 0.19% 42,000t 25,000t
Slide 21: Scoping Study Highlights
Venture Minerals Scoping Study Highlights (A$) (please refer to ASX Announcement 14/05/2010) O Operating ti R Revenue per annum $127 million illi Operating Cost per annum $47 million Net cash per annum at full production - $80 million Net Cash LOM - $531 million Greater than 7 years mine l
Slide 22: High Priority Drill Targets
High Priority Drill Targets No. 2 Skarn M i Sk Main Skarn High-Grade Combined Inferred Resources MacDonald Tin Zone - Mt Lindsay Project (0.20% Cut-off) 36Mt @ 0.40% Tin (Sn) Equiv. (0.45% Cut-off) 7.1Mt 7 1Mt @ 0 0.81% 81% Tin Ti (S (Sn)) Equiv. No.1 Skarn High-Grade Tungsten Zone Waterhouse New Ti
Slide 23: Mt Lindsay - High Priority Drill Targets
Mt Lindsay y - High g Priority y Drill Targets g High Grade Targets
Slide 24: Slide 24
Slide 25: Regional Exploration Targets
Regional Exploration Targets Savage River Mine Magnetite Mine producing at 2.3mtpa 34km of Interpreted g Magnetic Skarns to be tested Combined Inferred Resources - Mt Lindsay Project (0.20% Cut-off) 36Mt @ 0.40% Tin (Sn) Equiv. (0.45% Cut-off) 7.1Mt @ 0.81% Tin (Sn) Equiv.
Slide 26: Indicative Schedule
Indicative Schedule Commenced Pre-Feasibility On going exploration drilling Resource Upgrade - 3rd Quarter 2010 Completion of Pre Feasibility - 4th Quarter 2010 Commencement of Bankable Feasibility Study - 4th Quarter 2010 Completion of Bankable Feasibility Study - 4th Quarter 2011 Fin
Slide 27: Exploration Tasmania Style
“Exploration p Tasmania Style” y
Slide 28: www.ventureminerals.com.au
For up to date information please click to our website www ventureminerals com au www.ventureminerals.com.au
Venture Minerals — Non-Deal Roadshow (September 2010) on 6ix