Critica Limited · ASX:CRI
Critica — Noosa Investor Conference November 2020
26 slides from Critica's conference presentation, Nov 11, 2020
Slide 1: Corporate Presentation
M I N E R A L S CORPORATE PRESENTATION (ASX:VMS) Noosa Investor Conference | November 2020 | www.ventureminerals.com.au | admin@ventureminerals.com.au |
Slide 2: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement FORWARD LOOKING STATEMENT 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
Slide 3: Highlights
Highlights Wet screening plant construction underway at Riley with first shipment now scheduled for Q1 2021; First three drill holes at Orcus intersects Copper and Zinc in sulfides at Golden Grove North beneath historic intersection of 22m @ 0.76g/t Au, 0.64% Cu & 1.3% Zn, and along strike from
Slide 4: Corporate Snapshot
Corporate Snapshot ASX Code: VMS Market Capitalisation A$43m (@ A$0.042) Shares on Issue 1,026m Enterprise Value A$38m Unlisted Options: 41.4m Cash at 31 October 2020 A$5m 10.9m@ A$0.001, 25m @ A$0.052, 1m @ A$0.45, 2m @ A$0.50, 2.5m @ $0.55 Top 20 Shareholders 30.3% VMS Share Price and Volume Ventu
Slide 5: Directors and Key Management
Directors and Key Management A dedicated management team with a wealth of experience and credited with a number of discoveries both in Australia and internationally Mel Ashton Hamish Halliday Andrew Radonjic Dr Stuart Owen Non-Executive Chairman Non-Executive Director Managing Director Exploration M
Slide 6: Project Locations
Project Locations Golden Grove Caesar Project North Project Au & Ni- Cu Zn-Cu-Au North West Tasmanian Projects Riley Iron Ore Mine & Mount Lindsay Tin-Tungsten South West Project Thor Cu-Pb-Zn Prospect & Odin Ni-Cu Prospect Kulin Project Au & PGE -Ni–Cu Venture Minerals | Noosa Investor Conference |
Slide 7: Location of Riley & Livingstone Hematite DSO Deposits
Location of Riley & Livingstone Hematite DSO Deposits RILEY IRON ORE MINE Venture Minerals | Noosa Investor Conference | 11 November 2020 7
Slide 8: Riley Iron Ore Mine – Ore Deposit
Riley Iron Ore Mine – Ore Deposit PAGE 3 Venture Minerals | Noosa Investor Conference | 11 November 2020 8
Slide 9: Riley Iron Ore Mine - Currently
Riley Iron Ore Mine - Currently Successful completion of initial stage of mining and dry screening operations; Wet Screening Plant construction underway with Stage One in progress; Qube awarded preferred Road Haulage tenderer status and also engaged to provide the necessary Burnie Port Service
Slide 10: Upcoming Milestones and Conclusions
Upcoming Milestones and Conclusions Upcoming milestones include: Secure wet screening plant financing; First ore haulage; First ore shipment. Conclusions: Venture targeting first shipment early 2021; Exciting phase for the Company as it looks to move from explorer to producer. Venture Mine
Slide 11: Project Locations
Project Locations Golden Grove Caesar Project North Project Au & Ni- Cu Zn-Cu-Au North West Tasmanian Projects Riley Iron Ore Mine & Mount Lindsay Tin-Tungsten South West Project Thor Cu-Pb-Zn Prospect & Odin Ni-Cu Prospect Kulin Project Au & PGE -Ni–Cu Venture Minerals | Noosa Investor Conference |
Slide 12: Golden Grove North Project
Golden Grove North Project 288 km2 located less than 10 kilometres from the Golden Grove Camp (Mine); 25 strike kilometres of a largely untested, prospective sequence for VMS style mineralisation; 25km of Prospective VMS Style Sequence Historic shallow gold drill Endowment (Resources and Produ
Slide 13: Initial Exploration Identified Four VMS Prospects
Initial Exploration Identified Four VMS Prospects Vulcan Prospect: Rock chips - 23% Cu, 3.3g/t Au Gossan mapped at surface Vulcan West Prospect: VMS style mineralisation in historic drilling Vulcan North Prospect: Large VMS soil anomaly Ex sulfides mapped at surface Neptune Prospect: Anomalo
Slide 14: Critical Acquisition Delivers Fifth VMS Target
Critical Acquisition Delivers Fifth VMS Target Completed a critical acquisition of Orcus Prospect containing historic drill intersections of: 22m @ 0.76g/t Au, 0.64% Cu & 1.3% Zn Ground based Electromagnetic (EM) survey delivers “walk up” drill targets at all four prospects: Vulcan Prospect Vulc
Slide 15: First drill holes at Orcus intersects Copper and Zinc rich sulfides
First drill holes at Orcus intersects Copper and Zinc rich sulfides Venture Minerals | Noosa Investor Conference | 11 November 2020 15
Slide 16: Orcus shallow VMS mineralisation extended down dip by first hole
Orcus -shallow VMS style mineralisation intersected in historic drilling extended down dip by Venture’s First Hole Venture Minerals | Noosa Investor Conference | 11 November 2020 16
Slide 17: EM Surveys unveil Priority Massive Sulfide drill targets at Vulcan
EM Surveys unveil Priority Massive Sulfide drill targets at Vulcan Cu-Au prospect Venture Minerals | Noosa Investor Conference | 11 November 2020 * Refer ASX announcement 6th August 2020 17
Slide 18: New Priority Massive Sulfide targets at Vulcan West and Vulcan North
New Priority Massive Sulfide targets at Vulcan West and Vulcan North analogous to Scuddles Vulcan West EM Target sits along strike from shallow drill intersections of up to 0.5% Zn (Scuddles lookalike). Vulcan North EM Target sits within a highly prospective VMS rock sequence below a highly anom
Slide 19: Project Locations
Project Locations Golden Grove Caesar Project North Project Au & Ni- Cu Zn-Cu-Au North West Tasmanian Projects Riley Iron Ore Mine & Mount Lindsay Tin-Tungsten South West Project Thor Cu-Pb-Zn Prospect & Odin Ni-Cu Prospect Kulin Project Au & PGE -Ni–Cu Venture Minerals | Noosa Investor Conference |
Slide 20: Kulin – Gold Discovery delivers Drill Ready Targets
Kulin – Gold Discovery delivers Drill Ready Targets Kulin is also located in an emerging Western Australian Gold Province. Kulin is within the South West Terrane of the Yilgarn Archean Craton which already contains several major gold deposits such as Boddington >30 Mozs (currently Australia’s 2nd
Slide 21: Kulin Project – Prospective Geological Setting for PGE-Ni-Cu
Kulin Project – Prospective Geological Setting for PGE-Ni-Cu discoveries Kulin Project is located ~230 km south-southeast of Perth in Western Australia. Venture is focusing on the interpreted layered mafic-ultramafic intrusion near the town of Kulin. The layered mafic-ultramafic intrusion target s
Slide 22: Chalice to earn-in on Julimar look-a-like in the South West Project
Chalice to earn-in on Julimar look-a-like in the South West Project Chalice Gold Mines (ASX:CHN) who recently discovered the new exciting Julimar Ni-Cu-PGE discovery in a new province near Perth, Western Australia has committed to spend up to $3.7M to earn 70% in Venture’s South West Project; Ch
Slide 23: Chalice's Julimar and Venture's South West Projects
Chalice’s Julimar and Venture’s South West Projects aeromagnetic signatures of a similar scale Venture Minerals | Noosa Investor Conference | 11 November 2020 * Refer Chalice Gold Mines ASX announcement 21st July 2020 23
Slide 24: South-West Project poised to deliver early Ni-Cu-PGE exploration success
South-West Project poised to deliver early Ni-Cu-PGE exploration success to the Chalice JV • Thor has a 20km long magnetic anomaly associated with chromium rich rocks indicative of mafic- ultramafic intrusions with potential to host Julimar type mineralisation; • Recent EM survey having identified 1
Slide 25: Conclusions
Conclusions Exciting phase for the Venture as it looks to move from explorer to producer with first shipment from Riley Q1 2021; Drilling results imminent from Golden Grove North program testing multiple priority EM targets including the priority Orcus VMS Target, all along strike to the world c
Slide 26: Thank You
CORPORATE PRESENTATION (ASX:VMS) Thank You M I N E R A L S | www.ventureminerals.com.au | admin@ventureminerals.com.au |