Dart Mining Nl · ASX:DTM
Dart Mining Nl — Investor Presentation (June 2008)
18 slides from Dart Mining Nl's investor presentation, Jun 23, 2008
Slide 1: Molybdenum Discovery in NE Victoria
For personal use only Molybdenum Discovery in NE Victoria June 2008
Slide 2: Important Notice and Disclaimer
IMPORTANT NOTICE AND DISCLAIMER For personal use only The information contained in this document is disclosed to you by Dart Mining NL (ACN 119 904 880) (the "Company"). Nothing in this document shall form the basis of any contract or commitment, or constitutes investment, financial product, legal,
Slide 3: Highlights
Highlights For personal use only • A significant, high grade molybdenum and base metals anomaly discovered in the Lachlan Fold Belt, NE Victoria • Extraordinarily consistent anomaly recorded from soil and rock chip sampling • Surface expression covers approximately 20 hectares, over 500 metres width
Slide 4: Mt Unicorn
Mt Unicorn For personal use only Dart Mining Tenements Mt Unicorn Porphyry plug and silica lithocap 4
Slide 5: Porphyry Exploration
Porphyry Exploration For personal use only • Targets identified using the Polygonal Vortex Model • Non-Intrusive exploration to date, – rock chip, soil, water sampling • Geochemical survey over 20 hectares, 100x100m grid identified: – Average Mo grade >400ppm within the 220ppm grade contour – Large
Slide 6: Polygonal Vortex Model
POLYGONAL VORTEX MODEL MT UNICORN MT MORGAN iz} | io km I & 3 DART EL AREA
Slide 7: Key Mineralisation Centres - PVM
Key Mineralisation Centres - PVM For personal use only Mt Unicorn, Mt Morgan Schematic showing mineralised corridors North Mammoth Porphyry 7
Slide 8: Mt Unicorn Molybdenum Geochemistry
Mt Unicorn Molybdenum For personal use only Geochemistry 8
Slide 9: Mt Unicorn Geochemistry – 3D
Mt Unicorn Geochemistry – 3D For personal use only 9
Slide 10: Mt Unicorn Molybdenum Discovery Area
Mt Unicorn Molybdenum Discovery Area For personal use only 10
Slide 11: Mt Unicorn Mo Porphyry
Mt Unicorn Mo Porphyry For personal use only Haematic and siliceous quartz porphyry, from outer south east Mo anomaly shell. Here an As-Bi-Au association is more common, whereas silver follows more the molybdenum zone. 11
Slide 12: Molybdenum Markets
Molybdenum Markets For personal use only • Market size 200,000 tonnes pa • Market growth 4-6% pa • Current price of Mo oxide US$33/lb – average last five years US$23.40/lb • Uses: strength and corrosion resistance – Stainless steels – High quality steels – Chemicals/catalysts • China currently net e
Slide 13: Molybdenum usage
Molybdenum usage For personal use only First use of new Mo: • 25% of Mo is used in the Stainless steel industry • 50% used in constructional steel, tool and high speed steel and cast iron • 25% in chemicals including lubricants 13 Source: www.imoa.info
Slide 14: Molybdenum Producers
Molybdenum Producers For personal use only • 60% as by-product of copper mining – Chile (down by 9,000tpa from 2005 to 2007) – Canada (down by 4,000tpa from 2004 to 2007) • Climax Mine, Colorado, USA (Phelps Dodge) – Reopening: 1600ppm head grade, 12,000tpa • Spinifex ridge project, WA (Moly Mines)
Slide 15: Opportunity for Victoria
Opportunity for Victoria For personal use only • What this means for Victoria is… • New mineral province • New greenfields exploration • Employment growth – regional opportunities • Regional spend – direct and indirect • Mining Revenue 15
Slide 16: Mt Unicorn Infrastructure
Mt Unicorn Infrastructure For personal use only • Only 20km from Corryong, the regional centre for NE Victoria which has an airport • Land – the project is in State Forest • Power – close to the Snowy Hydro Scheme • Water – large subsurface aquifers believed to exist in the area • Supportive regiona
Slide 17: Next Steps
Next Steps For personal use only • Follow up geochemistry results with exploration drilling – Works plan submitted for approval late June 2008 – Await assay results of 50x50 infill geochemical rock sampling • Conduct further geochemical sampling on other projects in the area – Mt Morgan with 6500ppm
Slide 18: Molybdenum Discovery in NE Victoria
For personal use only Molybdenum Discovery in NE Victoria June 2008