Odessa Minerals Limited · ASX:ODE
Odessa Minerals — Investor Presentation (January 2022)
19 slides from Odessa Minerals's investor presentation, January 2022
Slide 1: The Diamond Discovery Company
THE DIAMOND DISCOVERY COMPANY January 2022
Slide 2: Disclaimer
Disclaimer This document is confidential and may not be reproduced, redistributed or passed on, directly or indirectly. This document has been prepared by Odessa Minerals Limited (the Company, ODE, Odessa Minerals)(previously Fargo Enterprises Limited). This document is neither a prospectus nor an o
Slide 3: Corporate Overview: Capital Structure
Corporate Overview 18th January 2022 on relisting CAPITAL STRUCTURE ODE Shareholders ODE ~$7M ASX Code Cash (est. post transaction and receivables) $14.7M 733.5m Market Cap (at $0.02 per share) Shares on Issue (post-transaction) 150.6M ~$7.7m Unlisted Options ($0.04 exercise) Enterprise Value Existi
Slide 4: Experienced Board and Management
Experienced Board and Management Zane Lewis Alistair Stephens Darren Holden Lisa Wells Non-Executive Chairman Chief Executive Officer Non-Executive Director Non-Executive Director BEcons FGIA MBA, Grad Dip Business, BSc (hons) BSc (hons) (Geology), PhD (History) BAppSc (geology) (Geology) Mr Lewis i
Slide 5: Investment Snapshot
Investment Snapshot Advanced exploration projects – >2,400km2 including the Aries diamond minpipee, 26 confirmed other pipes and extensive alluvial channels in diamond elephant country Strong market fundamentals – Rough diamond prices are rising* Accelerated exploration program planned – Odessa plan
Slide 6: Why Odessa?
Why Odessa? • No significant scale diamond exploration in Australia for nearly 20 years; • Closure of Argyle Diamond Mine removed millions of carats from the market; • Strong increase in reported rough diamond prices over the past 18 months;* • New interest in ASX-listed diamond sector: • Lucapa’s a
Slide 7: Rough diamond market
Rough diamond market Ziminsky Global Rough Diamond Price Index RoughDiamondIndex.com 52-week Chart 185 Starting Index Value 100 in December 2007 nd li ne Predicted long term supply 175 tre shortfall of 20 to 35% due to limited exploration* 165 35-75 million carats per year 155 required from future m
Slide 8: Odessa's Project Portfolio
Odessa’s Project Portfolio 0 100 kilometres odessaminerals.com.au 8
Slide 9: Premium diamond region
Premium diamond region Aries • 2 granted tenements and 16 applications Aries Diamond d • >2,400km2 b Ri ve r Roa Field Aries Gib Extension • 144 individual diamond occurrences (Minedex) Burgundy Diamonds Ellendale (Ellendale ) Extensions Ellendale Diamond • Aries is the largest and most Field diamon
Slide 10: Premium diamond footprint
Premium diamond footprint Commercially exploited Odessa’s Kimberlite Odessa’s Lamproite Pipe diamond pipes in WA Pipe Footprints Footprints Aries Argyle (0.35km x 0.25km) (2km x 0.25km) Athena (0.5km x 0.15km) Aries Dyke Walgidee Mt Abbott Calwynyardah Laymans Bore East South Target (2.3km x 2.2km)
Slide 11: Aries Project (ODE 90%)
Aries Project (ODE 90%) • Aries is the largest known Hann River Police Valley – Possible kimberlite in Western Australia Alluvials diatreme kimberlite • Previous bulk sampling 1991 recovered 4,973 diamonds Aries Alluvials totaling 1,074 carats Main Aries/Athena/ • 2005 exploration sampling Persephon
Slide 12: Searching for the Lost Diamonds of Aries
Searching for the Lost Diamonds of Aries Nyairgul Creek Alluvials Harris Creek Alluvial Nyairgul Creek Alluvial Main Aries/Athena/ Persephone Pipes Moonlight Valley Trap Site Moonlight Valley Trap Site >20km of paleochannels odessaminerals.com.au to explore 12
Slide 13: Aries: Not just about pipes & gravel
Aries: Not just about pipes & gravel Aries Pipe is possibly Aries an extension of a buried kimberlite dyke Helena / Athena Persephone (Argyle is a dyke) Positive indicators Area around Gemini upstream from was drilled to ~130m Aries! Gemini Positive in sandstone without Indicators the magnetic respo
Slide 14: Aries – 95% gem quality diamonds
Aries – 95% gem quality diamonds Varying shades, hues and colours Approx. maximum size ~6mm Aries Diamonds from UKD Sampling 2005. A total 181 diamonds were returned for 25.34 carats – Photograph supplied L. Wells odessaminerals.com.au 14
Slide 15: Ellendale Extensions: the home of the fancy yellows
Ellendale Extensions: the home of the fancy yellows Lennard River Alluvial diamonds Multiple diamond occurrences Ellendale 17 Pipe Ellendale Pipe 17: Diamonds confirmed Ellendale Pipe 13: Untested channel draining Ellendale Diamonds confirmed Ellendale 13 Pipe Four potential alluvial channel West El
Slide 16: Noonkanbah & Calwynyardah Field
Noonkanbah & Calwynyardah Field Multiple diamond occurrences ripe for exploration with modern Calwynyardah: extensive field of technologies diamond bearing pipes Diamond bearing alluvial channels virtually untested with Liveringa: multiple modern techniques undrilled pipes White Rock: extensive fiel
Slide 17: Proposed Exploration Program
Proposed Exploration Program Aries Project § Passive seismic for mapping alluvial channels – sample and test § Model the pipes and south dyke extension for drill targeting § Assess historic drill core for diamond pipe potential Ellendale, Calwynyardah, Noonkanbah Field § Commence on granted Calwynya
Slide 18: Why invest in Odessa?
Why invest in Odessa? Strong market Advanced Accelerated fundamentals projects exploration program planned State-of-the-art Ethically Quality technologies sourced management diamonds team odessaminerals.com.au 18
Slide 19: Contact Details
Contact Details Alistair Stephens Chief Executive Officer astephens@odessaminerals.com.au M: +61 488 992 544 odessaminerals.com.au
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