Greenx Metals Limited · ASX:GRX
Greenx Metals — Prairie Downs Metals — Shareholder Meeting (2006)
14 slides from Greenx Metals's shareholder meeting presentation, 2006
Slide 1: 2006 Annual General Meeting
Prairie Downs Metals Limited 2006 Annual General Meeting
Slide 2: Disclaimer
Disclaimer The material in this presentation (“material”) is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase any security in Prairie Downs Metals Ltd (“PDZ”) nor does it form the basis of any contract or commitment. PDZ makes no representation or warr
Slide 3: Corporate Objectives
Corporate Objectives 1. Increase the existing resource of one million tonnes at 8.3% zinc, 1.7% lead and 22g/t silver to a size that justifies mine development 2. Finance and develop a zinc mine with production commencing in 2008/09 3. Continue exploration with current evidence indicating potential
Slide 4: Investment Rationale
Investment Rationale 1. Strong future for zinc 2. Significant value in the current zinc resource 3. Excellent project economics 4. Outstanding exploration upside from a very large mineralised system Prairie Downs Metals Limited Page 4
Slide 5: The Future for Zinc
The Future for Zinc ¾ Main use is galvanising ¾ Strong demand ¾ Low price elasticity and limited substitution ¾ Stockpiles now very low ¾ No exploration, no new supply Prairie Downs Metals Limited Page 5
Slide 6: Prairie Downs Metals Limited
Prairie Downs Metals Limited Prairie Downs Zinc-lead-silver Perenjori Copper-lead-zinc- silver-gold Longreach Well Zinc-lead-silver Coppermine Bore Copper-gold- uranium Prairie Downs Metals Limited Page 6
Slide 7: Existing Resources
Existing Resources Lode Category Tonnes Zinc Lead Silver Zinc Lead Silver Grade Grade Grade Metal Metal Metal (t) (%) (%) (g/t) (t) (t) (oz) Main Indicated 802,000 8.0% 1.7% 21 64,160 13,634 541,543 Gabbro Inferred 124,000 6.9% 0.7% 5 8,556 868 19,936 East Inferred 106,000 11.9% 3.0% 47 12,614 3,180
Slide 8: Potential Project Economics
Potential Project Economics The following is based upon a minimum treatment rate of 250,000 tonnes of ore per year: ¾ Mine life of eight years ¾ Producing 20,000 tonnes of zinc & 3,000 tonnes of lead per year ¾ NPV (8%) - $287 million at USD4,400/t zinc ¾ NPV (8%) - $50 million at USD2,000/t zinc NO
Slide 9: Excellent Location and Infrastructure
Excellent Location and Infrastructure Prairie Downs Metals Limited Page 9
Slide 10: Outstanding Exploration Potential
Outstanding Exploration Potential Prairie Downs Metals Limited Page 10
Slide 11: Gravity over Magnetics
Gravity over Magnetics Prairie Downs Metals Limited Page 11
Slide 12: Zed Lode – A New Discovery
Zed Lode – A New Discovery Prairie Downs Metals Limited Page 12
Slide 13: Lode Mineralisation
Lode Mineralisation Prairie Downs Metals Limited Page 13
Slide 14: Questions
Questions Prairie Downs Metals Limited Page 14