Terrain Minerals Ltd · ASX:TMX

Terrain Minerals — Investor Presentation (November 2010)

38 slides from Terrain Minerals's investor presentation, Nov 25, 2010

  1. Slide 1: Terrain Minerals Presentation November 2010

    For personal use only ABN: 45 116 153 514 Terrain Minerals Presentation November 2010

  2. Slide 2: Forward Looking Statements

    For personal use only FORWARD LOOKING STATEMENTS This presentation has been prepared by Terrain Minerals Ltd (“Terrain”) as a summary of the Company, its mineral assets and its plans to explore its tenements and for general information purposes only. This presentation contains material that can be c

  3. Slide 3: Capital Structure

    CAPITAL STRUCTURE For personal use only Issued Shares (TMX): 171.2 m Issued Options Listed (TMXOA): 16.9 m U li t d Unlisted: 10 6 m 10.6 Share Price (08/11/10): 2.7c Market Cap: $4.6 m Cash 30/09/10: $0.48m $1.5m Con/Note secured. BOARD OF DIRECTORS Non executive Chairman: Dick Sandner Vice Chair:

  4. Slide 4: Celtic mining preparation and recent highlights

    For personal use only » Mining preparation – dewatering & grade control drilling. » $1.5m convertible note completed. » Toll treatment agreement completed ‐ Gold Fields Agnew Gold Mine » Anticipated recovery of 6,000oz of gold. » Cash surplus of $2‐3m expected.

  5. Slide 5: Celtic

    P Celtic TERRAIN MIENERALS

  6. Slide 6: Celtic

    ic P Celt TERRAIN MIENERALS

  7. Slide 7: Celtic Deposit Cross Section: Proposed Pit Extension

    AN Celtic Deposit Cross Section: BANS Proposed Pit Extension Resource Blocks are is anein pgock) Roe (2) 20-25 git Au (=25-30gt Au 130-35 git Au GG > 35 g/t Au For oersonal use onl Resource Blocks 50 Metres

  8. Slide 8: Great Western mine scoping studies

    For personal use only » Mine Scoping Studies Completed: » Great Western Open Pit & Underground » Potential Mine Extensions: » Great Western – underground, down plunge

  9. Slide 9: Great Western Deposit Proposed Mine Plan

    AIN Great Western Deposit a Proposed Mine Plan AT WE A Longitudinal Section) Open Cut 128,000t @ 2.70 git gold MAIN SHAFT PROPOSED MINE PLAN Total 322,500t @ 5.14 g/t (53,0000z) LEGEND Q > 10 gram/metres Underground Stopes (Stopes on parallel lodes not shown) © 5-10 gram/metres OQ <Sgram/metres Unde

  10. Slide 10: Great Western Prospect Section

    INERALS we Great Western h Deposit | [21m @ 6.21 g— BUNDARRA PROJECT Great Western Prospect Section 1455mE

  11. Slide 11: Great Western next steps

    For personal use only » Geotechnical Drilling » Resource Expansion Drilling » Permitting to be obtained – drilling/mining

  12. Slide 12: Wonder North mine scoping studies

    For personal use only » Mine Scoping Studies Completed: » Wonder North Open Pit & Underground » Potential Mine Extensions: » Wonder North – underground, down plunge

  13. Slide 13: Wonder North mining inventory

    For personal use only » “Small Pit” mining inventory = 449,000t at 2.56g/t gold 36,955 oz (1g/t gold lower cut‐off) » “Big Pit” mining inventory = 697,200t at 2.45g/t gold 54,918oz (1g/t gold lower cut‐off) » High grade (+3g/t gold) Indicated and Inferred Resource below current p pit = 621,600t , @

  14. Slide 14: Wonder North Exploration and Grade Control Drilling 9390E

    Wonder North Deposit SSS 500 rc x 7m @ 10.51 git Au inc. 3m @7.25 gtAuj =\ \_ % \ \ 13m @ 4.69 git Au Nan sf | ee 14m @ 7.54 git Au Waemgtyi tyr 10m @ 4.44 g/t Au +f inc, 2m @ 8.31 git Au hel 25m @ 2.71 git Au inc, 5m @ 4,06 git Au AN Bundarra Project reer ain Wonder North Exploration and TERRAIN MI

  15. Slide 15: Wonder North Grade Control Drilling 9500mE

    Wonder North Deposit ‘Wim @270grAu inc. 4mm @ 4.04 gh Au and 11m &@ 10.9 git Au ZN TERRAIN MINERALS LTD Bundarra Project Lene Grade Control Dring Some Grade Control Drilling - 9500mE "

  16. Slide 16: Wonder North JORC Resource

    For personal use only JORC Resource 621,600t @ 4.8 g/t Au (96,080oz)

  17. Slide 17: Wonder North next steps

    For personal use only » Geotechnical Drilling » Resource Expansion Drilling » Permitting to be obtained – drilling/mining

  18. Slide 18: Black Cat Joint Venture with St. Barbara

    For personal use only Black Cat Joint Venture with St. Barbara: » TMX has earnt a 60% interest, » by spending $750,000 TMX will increase its interest to 75% Craig/Katalina » Exciting topographical high 1Km long X 160m wide with strong geochemical signature. » Previous prospector drill intercepts inc

  19. Slide 19: Dodgers Well drilling results

    For personal use only » First pass shallow RC drilling tested high grade gold targets. targets » DWRC013 9m @ 17.04 g/t au from 76m including 4m @ 36.10 g/t au from 76m, including l d 1m @ 115.7 g/t / au from f 76m Re assay of 1m @ 220.5 g/t au. » DWRC014 6m @ 5.65 g/t au including 3m @ 9.67 g/t au

  20. Slide 20: Dodgers Well Project

    For personal use only WELL PROJECT DODGERS

  21. Slide 21: Dodgers Well Project

    For personal use only WELL PROJECT DODGERS

  22. Slide 22: Project Update — East Kambalda

    TERRAIN MINERALS Project Update — East Kambalda >

  23. Slide 23: East Kambalda Location Map

    ait /UN . East Kambalda Location Map N L | \

  24. Slide 24: Similarities to Kambalda Dome

    For personal use only » Similar Structure: a dome intersected and adjacent to major faults f l » Similar Geology: gy basalts,, minor shales,, ultramafics,, syenite y intrusions » Similar Trace Element Geochemistry » Similar magnetic g and gravity g y signatures g » Presence of nickel sulphides

  25. Slide 25: Kambalda Dome vs Aztec Dome Idealised Cross Sections

    Z7UN T4'" Kambalda Dome V Aztec Dome Kambalda Dome Aztec Dome Idealised Cross Section Idealised Cross Section W E)W iE f AsD0001 | Granitoid intrusion [|] Basalt / | Ultramafic f | Sediment 0 2km 0 2km ya Nickel deposits as VS a

  26. Slide 26: Aztec Dome Geophysical Map + Drill Holes

    Aztec Dome Geophysical Map + Drill Holes

  27. Slide 27: Aztec Dome IP anomalies and drilling

    For personal use only » Four IP anomalies ‐ Disseminated sulphides in each (up to 20%). “Anomaly C” » Sulphides with high magnesian basalts » Narrow bands of ultramafic, above the main ultramafic horizon(s). “Anomaly A” » AZRC009 intersected a 143m wide zone (81m –224m) of anomalous nickel values (u

  28. Slide 28: EM survey and what's next

    For personal use only » EM survey identified; » 2 strong conductors d 140‐ 400m depth d h along l eastern edge d off Aztec Dome. » What’s Wh t’ NNext? t? » Diamond core drilling required to: » test geophysical h i l & geological l i l targets, » better define ultramafic host stratigraphy, and » test

  29. Slide 29: Aztec Dome EM Anomaly

    ZLN INERALS Aztec Dome EM Anomaly 1 387800E 387B00E | } " 388200E PLAN VIEW

  30. Slide 30: For personal use only

    For personal use only

  31. Slide 31: Upcoming plans and drill programs

    For personal use only » Successfully mine Celtic and bank $2‐3m. » Plan a $1m $ drill program at Wonder Nth/Great Western to add minable resources, (aim is to grow to 350koz) 350koz). » Plan Terrain’s next mining campaign at (Wonder Nth/Great Western). » Plan a drill program at the Aztec Dome to tes

  32. Slide 32: Thank You

    za -m zn "7 >? Lz Chris Tomich Terrain Minerals Ltd Managing Director =61 (8) 9331 5558 Work =61 (0) 400 206 734 Mobile chris.tomich@terrainminerals.com.au Thank You

  33. Slide 33: Resource table by deposit

    For personal use only Measured Indicated Inferred TOTALS Deposit Tonnes Grade Tonnes Grade Tonnes Grade Tonnes Grade Ounces(‘ (‘000) (g/t) (‘000) (g/t) (‘000) (g/t) (‘000) (g/t) 000) Wonder 354 23 2.3 872 24 2.4 1314 19 1.9 2540 21 2.1 172 6 172.6 North Celtic 684 1.8 199 1.5 204 1.5 1088 1.7 58.1 G

  34. Slide 34: Bundarra Regional Map

    ma" Bundarra — Regional Map Wi s21°0E \ Great Western SN s2r12E \\ Black Cat JV \\ Bundarra y Teutonic (Au) ie

  35. Slide 35: Wonder North

    Wonder North P TERRAI 5 IN ™M

  36. Slide 36: Wonder North Deposit long section

    fe» Wonder North Deposit 1m@7z10 — 4.3m@1.6O LEGEND Pe 25 Grade x metres 12m/3.3 @ Pre 2007-08 TMX drill intercepts (12m @ 3.3g/t Au) 16m/3.4 @ 2007-08 TMX drill intercepts (16m @ 3.4gft Au) = Plunge of mineralisation

  37. Slide 37: Dodgers Well Project

    For personal use only WELL PROJECT DODGERS

  38. Slide 38: For personal use only

    For personal use only

Terrain Minerals — Investor Presentation (November 2010) on 6ix