Greenx Metals Limited · ASX:GRX
Greenx Metals — Prairie Downs Metals — Investor Presentation (July 2006)
14 slides from Greenx Metals's investor presentation, July 2006
Slide 1: Prairie Downs Metals Limited July 2006
Prairie Downs Metals Limited July 2006
Slide 2: Disclaimer
Disclaimer The material in this presentation (“material”) is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase any security in Prairie Downs Metals Ltd (“PDZ”) nor does it form the basis of any contract or commitment. PDZ makes no representation or warr
Slide 3: Corporate Objectives
Corporate Objectives 1. Increase the existing resource of one million tonnes at 8.3% zinc, 1.7% lead and 22g/t silver to two million tonnes at a similar grade 2. Finance and develop a 250,000 tonnes per year zinc mine with a mine life of eight years 3. Continue exploration with a Stage II target of
Slide 4: Investment Rationale
Investment Rationale 1. Significant value in the existing zinc resource 2. Early stage backing by Sempra Metals & Concentrates Corp proves project value 3. Excellent economics for low capex, short lead time mining operation 4. Outstanding exploration upside from a very large mineralised system Prair
Slide 5: Capital Structure
Capital Structure ¾ ASX Code PDZ ¾ Issued Shares 38.1m ¾ Options 1 23.1m ¾ Cash at Bank (June 2006) $3.1m 1 Comprises 0.94m 21.25c options expiring 31/12/06 and 22.18m 25c options expiring 31/05/08 Prairie Downs Metals Limited Page 5
Slide 6: Company Details
Company Details ¾ Directors • Jeremy Shervington Non-executive Chairman • Mark Hansen Managing Director • Alec Pismiris Company Secretary ¾ Shareholders • Directors 20.3% • Sempra Metals & Concentrates Corp 8.8% • Linq Resources Fund 7.5% • Top 40 66.4% Prairie Downs Metals Limited Page 6
Slide 7: Resource Statement
Resource Statement Lode Category Tonnes Zinc Lead Silver Zinc Lead Silver Grade Grade Grade Metal Metal Metal (t) (%) (%) (g/t) (t) (t) (oz) Main Indicated 802,000 8.0% 1.7% 21 64,160 13,634 541,543 Volc. Breccia Inferred 124,000 6.9% 0.7% 5 8,556 868 19,936 East Inferred 106,000 11.9% 3.0% 47 12,61
Slide 8: Resource Model
Resource Model East Surface West East Lode Main Lode 200 metres Volcanic Breccia Lode Prairie Downs Metals Limited Page 8
Slide 9: The Next Drill Program
The Next Drill Program ¾ The next drill program is scheduled for August with the objective to increase tonnage. ¾ Additional tonnage is expected to be met from the three lodes which already host resources; the Main Lode, East Lode and Volcanic Breccia Lode ¾ Exploration for new occurrences of minera
Slide 10: Excellent Location and Infrastructure
Excellent Location and Infrastructure Prairie Downs Metals Limited Page 10
Slide 11: Financing & Offtake
Financing & Offtake ¾ Early stage backing by Sempra Metals & Concentrates Corp ¾ Placement of $2 million @ at 60c per share ¾ Development funding of up $6 million ¾ Offtake and hedging on standard commercial terms Prairie Downs Metals Limited Page 11
Slide 12: Potential Project Economics
Potential Project Economics ¾ Treatment rate of 250,000 tonnes of ore per year ¾ Mine life of eight years ¾ Producing 20,000 tonnes of zinc & 3,000 tonnes of lead per year ¾ Capital cost of $35m ¾ NPV (8%) - $150 million at USD3,000/t zinc ¾ NPV (8%) - $50 million at USD2,000/t zinc NOTE The above a
Slide 13: Outstanding Exploration Upside
Outstanding Exploration Upside Main Mineralised Horizon (Only named lodes have been drilled to date) Prairie Downs Fault Six Lode T Lode Main Lode East Lode Volcanic Breccia Lode Prairie Downs Metals Limited 5 Km Page 13
Slide 14: Prairie Downs Metals Limited
Prairie Downs Metals Limited Prairie Downs Zinc-lead-silver Perenjori Copper-lead-zinc- silver-gold Longreach Well Zinc-lead-silver Coppermine Bore Copper-gold- uranium Prairie Downs Metals Limited Page 14
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