Red Hill Minerals Ltd · ASX:RHI
Red Hill Minerals — Shareholder Meeting (November 2023)
11 slides from Red Hill Minerals's shareholder meeting presentation, Nov 24, 2023
Slide 1: Annual General Meeting CEO Presentation
For personal use only Annual General Meeting CEO Presentation 24 November 2023
Slide 2: Important Notices and Disclaimer
IMPORTANT NOTICES AND DISCLAIMER This Presentation has been prepared by Red Hill Minerals Limited (“Red Hill”) to provide summary information about Red Hill and its As such, undue reliance should not be placed on any forward looking statement. Past performance is not necessarily a guide to activitie
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT Capital Structure Share Price Performance ASX Code RHI $6.00 80,000 For personal use only 70,000 Shares on issue 63.9 million $5.00 $0.10 Div. 60,000 Share Price ($) Options 1.06 million $4.00 $0.20 Div. 50,000 Volume Share price1 $4.73 $3.00 40,000 30,000 Market Cap1 $302 million
Slide 4: Location Plan
LOCATION PLAN For personal use only Pannawonica Iron Project Ore Reserves¹ Category Mt Fe (%) Proved 0.63 55.7 Probable 4.05 56.0 Total 4.68 56.0 ¹Refer Red Hill Minerals ASX Announcement dated 23 July 2021. 4 ²Refer Red Hill Minerals ASX Announcement dated 30 July 2021.
Slide 5: Regional Prospectivity
REGIONAL PROSPECTIVITY ► Project located along boundary between Hamersley and Ashburton Basins. For personal use only ► Known gold occurrences. ► Major mantle-tapping regional faults that act as fluid flow pathways. ► Intrusive heat sources to circulate fluids. ► Reactive rocks with widespread evide
Slide 6: Exploration Progress
EXPLORATION PROGRESS Focus for 2023 has been ground truthing of VTEM targets and establishing access to allow first pass drill testing. For personal use only Exploration Activities ► Formed experienced exploration team ► Completed a 5,905 line km VTEM airborne survey including processing of the data
Slide 7: Exploration Results
EXPLORATION RESULTS Encouraging drill results support the potential for mineralisation associated with regional structures. For personal use only Drill Results BARKLEY ► 2m @ 1.4 g/t Au from 31m in SRC004. ► 4m @ 3.7 g/t Au from 90m including 2m @ 6.4 g/t Au from 91m in 23BKRC005. ► Significant gold
Slide 8: Exploration Results
EXPLORATION RESULTS Encouraging drill results support the potential for mineralisation associated with regional structures. For personal use only Drill Results URANDY ► 9m @ 5.1 g/t Au from 46m in RCW007. ► 5.4m @ 4.4 g/t Au from 42m in URDD0002. ► 7m @ 2.3 g/t Au from 1m in BCW0010. ► High grade, n
Slide 9: Target Pipeline
TARGET PIPELINE Target Ground Drill use only Drill Ready Generation Truthing Permitting • VTEM anomalies • 12 A2 & A3 • Malone 17 •8 A1 •1 Barkley •5 Jubilee West TARGETS (North) • 13 Bloodwood • Snappy Gum 18 •9 Stockton •2 Beechworth •6 Mr Wonderful • Hoist EM anomalies • Bronzewing • Three Peaks
Slide 10: 2024 Work Program
2024 WORK PROGRAM ► Continue ground truthing of targets including ground based geophysics (ground EM, gravity, magnetics) of For personal use only priority VTEM anomalies. ► Continue to assess VTEM data and results to progress target pipeline. ► Complete heritage surveys and earthworks in preparatio
Slide 11: For personal use only
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