Element 25 Limited · ASX:E25
Element 25 — Montezuma Mining Company — Investor Presentation (September 2010)
29 slides from Element 25's investor presentation, September 2010
Slide 1: Investor Update September 2010
Investor Update September 2010 GOLD High quality gold asset, with cash available to ramp up exploration and increase resource base MANGANESE Exciting new 100% owned Butcher Bird Project Major shareholding in Auvex Resources Limited COPPER High grade mineralisation intersected in maiden programme at
Slide 2: Disclaimer
Disclaimer This presentation contains only a brief overview of Montezuma Mining Company Ltd and its associated entities (“Montezuma") and their respective activities and operations. The contents of this presentation, including matters relating to the geology of Montezuma’s projects, may rely on vari
Slide 3: Corporate Snapshot (listed 9 November 2006)
Corporate Snapshot (listed 9 November 2006) ! Board of Directors ! Structure " Denis O’Meara (Chairman) " Shares: 42.33M " Justin Brown (Managing Director) " Options (20c): 20.90M " John Ribbons (Non-executive Director) " Options (35c): 6.05M " Cash: $5.3M (approx) " Market Cap (34c): $14.39M ! Shar
Slide 4: Share Price Chart
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Slide 5: Share Register - Top 20
Share Register - Top 20 Number Holder Name No. Shares Percentage 1 SOUTH BOULDER MINES LTD 3,975,000 9.39% 2 ALPHA BOXER LTD 2,690,000 6.35% 3 MR PAUL HARTLEY WATTS 2,665,000 6.30% 4 DUKETON CONSOLIDATED LTD 2,550,000 6.02% 5 MANDIES MEATS PTY LTD 2,493,520 5.89% 6 AVANIA NOMINEES PTY LTD 1,806,415
Slide 6: Core Projects and Non-Core/Residual
! CORE PROJECTS " Peak Hill: gold (85-100%) " Durack: gold, VMS (earning 85%) " Butcher Bird: Mn, Cu (100%) " Mt Padbury: gold (100% excl. Fe & Mn) ! Non-Core/Residual " Egerton: gold (Selling 100%) " Tuckabiana (10%)
Slide 7: Why Gold?
Why Gold? ! Strong price performance ! Future projections by most analysts very strong ! Underpinned by strong physical demand from emerging markets ! Safe haven in uncertain economic times
Slide 8: Peak Hill Gold Mine
Peak Hill Gold Mine ! Peak Hill " Approximately 160km2 of highly prospective Archean and Proterozoic rocks. " Proven history of high grade gold production of over 900K oz. " Existing resource base with potential to extend the known mineralisation as well as a large number of untested targets. ! Nara
Slide 9: Peak Hill regional map
PLUTONIC MINE SANDFIRE RESOURCES NL MONTEZUMA MINING COMPANY LTD DE GRUSSA PROSPECT HERMES PROSPECT PEAK HILL MINE TALISMAN MINING LIMITED ALCHEMY RESOURCES LTD
Slide 10: Naracoota Formation
NARACOOTA FORMATION TOTAL MAPPED AREA: 220km? 7760000M 7140000r§ Peak Hill Newly acquired ground at McCarthy Well 5 10 —_—_ kilometres ee . ‘ [-] Aichemy Tenements MONTEZUMA MINING COMPANY LTD om Map Legend ° Mine Site Prospects Cy Montezuma Tenements SJ [7] naracoota rm Geological Legend Proterozoi
Slide 11: Peak Hill geological map
MONTEZUMA MINING COMPANY LTD i : 8 7165000m HARMONY @ ENIGMA NORTH 7160000m_ Map Legend 7155000m_ @ Mine Site/Resource @ Prospects Geological Legend Proterozoic __Bengemall Group Os Earaheedy Group ‘y Padbury Group o Bryah Group 7180000 _Narracoota Formation [1 ~—_—_—Mooloogoo! Subgroup C) 25 5 - _w
Slide 12: Recent Gold Drilling
Recent Gold Drilling ! A total of 39 RC holes completed at Peak Hill for 6,696m, testing seven potential new target areas. ! Best results include: 6m @ 4.16 g/t from 38m 3m @ 14.6 g/t from 8m 8m @ 1.58 g/t from 8m 5m @ 3.37 g/t from 102m 5m @ 2.65 g/t from 53m 3m @ 7.11g/t from 63m
Slide 13: Butcher Bird Project
Butcher Bird Project ! Tenements recently granted. ! Two drilling campaigns completed. ! Large manganese ore tonnage potential confirmed. ! Full assays awaited to guide where to complete the first resource drill-out. ! High grade copper confirmed at Butcherbird copper mine.
Slide 14: Why Manganese?
Why Manganese? ! Critical in modern steel-making. No satisfactory substitute. ! While manganese is abundant globally, high-grade manganese is not. ! Global high-grade manganese sector is dominated by just a handful of players. ! Only three established manganese mines in Australia. ! New sources of s
Slide 15: Manganese Ore Price
Manganese Ore Price ! Strong recovery through 2010. ! Currently sluggish due to destocking in China but medium term uptrend expected to continue.
Slide 16: Butcherbird
! BUTCHERBIRD " Excellent manganese and copper potential. " Excellent infrastructure: straddles the main highway and gas pipeline. " Approx. 500km to Port Headland. " Maiden recon. Drilling has confirmed manganese and copper potential. " Active exploration ongoing. " A potential “Company Maker”.
Slide 17: Reconnaissance drilling completed at seven priority targets
MAP LEGEND ! Reconnaissance drilling completed at Completed RC drillhole seven priority targets. collar locations ! Significant manganese intersected at Manganese Target six of the seven. BUDGIE HILL CADGIES FLATS ILGARARIE HILL ALCOA HOLE BUTCHERBIRD COPPER DRILLING MUNGAJERRY BINDI BINDI HILL YANN
Slide 18: Manganese Update
Manganese Update ! Two RC drilling campaigns completed. ! Significant tonnage potential at mineable thicknesses confirmed at five target areas with low tonnage high grade potential at a sixth. ! Most assay results still pending. Results received to date from Bindi Bindi Hill include: 10BB067: 30m @
Slide 19: Bindi Bindi Hill
Bindi Bindi Hill ! Manganiferous material within a clay matrix ! Can be upgraded by screening, washing and DMS. ! Preliminary results yielded up to 34.5% Mn ! Significant size potential. Exploration Target of 10-20 Mt @ 8-12% Mn It should be noted that the potential quantity and grade is conceptual
Slide 20: Budgie Hill
Budgie Hill ! Broad widths of strongly manganiferous material. ! Large tonnage potential. ! Low clay content, potentially easier to beneficiate than Bindi Bindi Hill. ! Assays pending. ! Beneficiation test work underway.
Slide 21: Yaneri Ridge
Yaneri Ridge ! Highest density drilling to date. ! At least 2 km long. ! Clearly defined manganese zone. Exploration Target of 30-40 Mt @ 10-15% Mn It should be noted that the potential quantity and grade is conceptual in nature, that there has been insufficient exploration to define a Mineral Resou
Slide 22: Strategy Going Forward
Strategy Going Forward ! Confirm the best candidate for early production from list of known mineralised areas and/or new ones discovered going forward. ! Complete the drill out of a maiden resource which will form the basis for early development. ! Apply for mining leases and commence approvals proc
Slide 23: Butcher Bird Copper Mine
Butcher Bird Copper Mine ! Min. approx 4km known strike potential. ! Primary copper sulphide identified in thin section. ! Previous source of high grade oxide production. ! No known drilling to date.
Slide 24: MONTEZUMA
MONTEZUMA MINING COMPANY LTD Silicified host rock and breccia clasts.
Slide 25: High Grade Copper Confirmed
High Grade Copper Confirmed ! Five holes completed for 470m in maiden programme. ! Results include: 10BBC01: 4m @ 6.97% Cu, 566ppm Co 10BBC05: 4m @ 1.52% Cu, 140ppm Co ! Strong associated cobalt, lead and zinc mineralised halo. ! Shear hosted polymetallic deposit. ! Approx. 4km strike potential base
Slide 26: Exploration Focus – 2010/2011
Exploration Focus – 2010/2011 " Butcher Bird ! Identify the highest priority target area. ! Drill out maiden resource. ! Complete beneficiation test work. ! Commence mine studies including work required for approvals and mining lease applications. ! Subject to outcomes of the above, fast track to pr
Slide 27: Maturing Investments
Maturing Investments ! Mt Padbury Iron Ore Sale " Royalties payable on production going forward ! Auvex Resources Limited " 7.5M shares held in Auve (approx 5.6%) " $1M realised to date through partial sale of 2.5M shares @ $0.40 ! Buxton Resources " 3M fully paid shares held ! Exterra Resources Lim
Slide 28: Summary
Summary ! High grade manganese and copper potential at Butcher Bird – possible “company maker” ! Flagship project at the Peak Hill Mine with existing resources and exploration upside. ! Satellite gold exploration ground at Mt Padbury and Durack – recent new discovery ! Significant cash to continue a
Slide 29: Contact Details
Contact Details ! Please direct queries to: Justin Brown (Managing Director) Mobile: 0438 745 675 Email: info@montezumamining.com.au ! Website: http://www.montezumamining.com.au
Montezuma Mining Company — Investor Presentation (September 2010) on 6ix