Golden Deeps Limited · ASX:GED
Golden Deeps — Investor Presentation (November 2019)
15 slides from Golden Deeps's investor presentation, Nov 19, 2019
Slide 1: Abenab Surface Mineralised Materials And Tailings to Underpin 2020 Production Target
Investor Presentation November 2019 Abenab Surface Mineralised Materials And Tailings to Underpin 2020 Production Target World’s Next Primary Vanadium, Lead & Zinc Producer
Slide 2: Near Term Low Capex and Opex Production
Near Term Low Capex and Opex Production • On target to become a Vanadium, Lead (and Zinc) producer from the Abenab Vanadium-Lead- Zinc Project (Abenab Project) in 2020 underpinned by surface mineralised materials and tailings o Continuing exploration success potentially extends the life of the Abena
Slide 3: Abenab Vanadium-Lead-Zinc Project
Abenab Vanadium-Lead-Zinc Project • The Abenab Vanadium-Lead-Zinc Project covers 35km of the prospective Abenab mineralised trend • Current (additional exploration results pending) Inferred Mineral Resource of o 2.80Mt @ 0.66% V2O5 (vanadium pentoxide), 2.35% Pb (lead), 0.94% Zn (zinc) at a 0.2% V2O
Slide 4: Abenab Project Location
Abenab Project Location • Located in the mineral-rich Otavi Mountain Land in northern Namibia • GED controls key mines and prospects along a 35km long lithological and structural trend • Five granted EPLs • 434km² of highly prospective ground for vanadium, copper, lead and zinc • Historic Vanadium m
Slide 5: GMC Joint Venture
GMC Joint Venture • Joint Venture entered with Hong Kong based metals trading company Generous Metals Company Limited (GMC) • Under the JV: • GED to provide existing material from Abenab Project stockpile and tailings and oversee operations in Namibia • GMC will pay all costs of crushing, concentrat
Slide 6: Abenab Project Development Pathway
Abenab Project Development Pathway Operations Strategy Process existing surface mineralised materials and tailings followed by development of below ground mineral resources • Further testing of stockpiles, dumps and tailings to identify and prove up additional surface mineralised material • Ongoing
Slide 7: Surface Mineralisation Materials & Tailings
Surface Mineralisation Materials & Tailings • RC drilling tested surface mineralised material and tails over a broad area around the pit • The surface mineralised material and tails has a vanadium grade commonly ranging from 0.1 to 0.5% V2O5 with high-grade zones of up to 1.45% V2O5 1,2 • 100x bulk-
Slide 8: Surface Mineralisation Materials & Tailings
Surface Mineralisation Materials & Tailings Current extent of sampling of surface mineralised materials and tailings 8
Slide 9: Surface Mineralisation Materials & Tailings
Surface Mineralisation Materials & Tailings Extent of sampling of surface mineralised materials and tailings after completion of current auger program 9
Slide 10: Abenab De-risked
Abenab De-risked • Focus on extending known surface mineralised material and tailings to produce very low cost feed and to extend the life for the proposed concentrate plant at the Abenab • Ongoing metallurgical test work underway to further enhance the economics of the Abenab Vanadium, Lead (and Zi
Slide 11: Corporate
Corporate Shares Share Price $0.022 Board and Management Michael Minosora Chairman Market Cap $6.1M Robert Collins Director Shares on Issue 277.7m Michael Norburn Director Michael Rodriguez Director Michael Scivolo Director Options on Issue - 4.25m @ $0.15 1 Sep 2020 - 4.25m @ $0.20 1 Sep 2020 Cash
Slide 12: Why Invest?
Why Invest? • Opportunity to invest in a very low capex and The GED Difference opex near term production play • Abenab is simple to beneficiate and • Commodity hedged – Vanadium – Lead - Zinc concentrates to a very high level • On target for initial production 2020 • Abenab Project benefitted by hig
Slide 13: Appendix - The GED Difference
Appendix - The GED Difference The Abenab Project presents a fundamental difference from (all) other primary vanadium projects as its ore is simple to beneficiate and concentrates to a very high level. Comparison Abenab Ore Typical Vanadium Source Ore Type Descloizite Titano-magnetite Concentrate Up
Slide 14: Disclaimer / CPS
Disclaimer / CPS Caution Regarding Forward-Looking Information This document contains forward-looking statements concerning Golden Deeps. Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward looking s
Slide 15: Thank You.
Thank You. For further information please contact: Michael Minosora Chairman +61 (0) 413 056 909 Victoria Humphries Investor Relations victoria@nwrcommunications.com.au +61 (0) 431 151 676