Odessa Minerals Limited · ASX:ODE
Odessa Minerals — Investor Presentation (March 2022)
17 slides from Odessa Minerals's investor presentation, March 2022
Slide 1: Diamond Exploration
DIAMOND Exploration March 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, or Odessa Minerals). This document is neither a prospectus nor an offer to subscribe for Share
Slide 3: Corporate Overview
Corporate Overview CAPITAL STRUCTURE Top 5 ODE Shareholders ODE ~$5.5M ASX Code Cash (est. post transaction and receivables) ~$10.2M 733.5m Market Cap (at $0.014 per share) Shares on Issue (post-transaction) 150.6M ~$4.7m PHOENIXAVIER PTY LTD Unlisted Options ($0.04 exercise) Enterprise Value GOLDEN
Slide 4: Experienced Board and Management
Experienced Board and Management Zane Lewis Alistair Stephens Darren Holden Lisa Wells Non-Executive Chairman Chief Executive Non-Executive Director Non-Executive Director BEcons FGIA Officer BSc (hons) (Geol), PhD (History) BAppSc (Geol) MBA, Grad Dip Business, BSc (hons) (Geol) Mr Lewis is a princ
Slide 5: Investment Snapshot
Investment Snapshot Why Diamonds? Supply down, demand up, prices rising Why Odessa? Brownfield projects ~2,600km2 : Aries diamond pipe, and 26 other pipes confirmed Extensive alluvial channels in diamond enriched provinces Our Objective Ethically sourced diamond producer Odessa is an ESG focused gro
Slide 6: Why Odessa?
Why Odessa? • No significant scale diamond exploration in Australia for nearly 20 years • Argyle is closed forever = millions of carats deficit • Diamond supply is down, demand is up, prices are rising • Diamond sector is revitalized: • Lucapa’s acquisition of Merlin Diamond Mine (NT) in 2021 • Burg
Slide 7: Odessa's Project Portfolio
Odessa’s Project Portfolio • 2 granted tenements and 18 applications • >2,600km2 Wyndham • >150 individual diamond occurrences • Aries is the largest and most diamondiferous known kimberlite in Western Australia • Identified extensions beyond the known pipe at Kununurra Ellendale • New application t
Slide 8: 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 9: 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 10: Aries: A big system – long & deep
Aries: A big system – long & deep Aries Pipe is possibly an extension of a buried kimberlite dyke Geophysical data Positive indicators indicates a system 3 upstream from to 5km in strike and at Aries! extends surface to 900m in depth Gemini positive indicator minerals Geophysical data Drill program
Slide 11: Aries – gem capable diamonds
Aries – gem capable 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 odessaminerals.com.au 11
Slide 12: Argyle South – Bow River – New Application
Argyle South – Bow River – New Application Over 200km2 of tenement downstream of Argyle Diamond bearing occurrences in alluvial channels Exploration target: alluvial channels with increased concentrations in channel beds One of the larger stones previous recovered from the Argyle South project from
Slide 13: Ellendale Extensions: the home of the fancy yellows
Ellendale Extensions: the home of the fancy yellows Lennard River Alluvial diamonds Ellendale Pipe 17: Diamonds confirmed Ellendale 17 Pipe Ellendale Pipe 13: Diamonds confirmed Four potential alluvial channel Untested channel draining Ellendale fields identified Ellendale 13 Pipe Awaiting grant bef
Slide 14: Noonkanbah & Calwynyardah Field
Noonkanbah & Calwynyardah Field Largest known lamproites in Australia (Walgidee & Mt Abbott) Calwynyardah: extensive field of diamond bearing pipes Multiple diamond occurrences identified in alluvial channels Liveringa: multiple Underexplored undrilled pipes White Rock: extensive field of diamond Aw
Slide 15: Exploration Objectives
Exploration Objectives Aries Project ▪ Access agreements - underway and awaiting approval – environmental works underway ▪ Diamond drilling at depth and along strike of exposed pipe to test diamond pipe extensions ▪ Auger drilling of exposed pipe to test macrodiamond & microdiamond relationship ▪ wi
Slide 16: The Odessa Value Proposition
The Odessa Value Proposition Brownfield projects RESPECT Relationships that Last Strong market Walk up targets fundamentals Environmental Care Social Care Producing Responsibly Using new Quality technologies management Engage Openly and Honestly Cultural & Spiritual Awareness Ethical is us Tolerance
Slide 17: Contact Details
Contact Details Zane Lewis Chairman zane@sccperth.com.au M: +61 400 007 900 Alistair Stephens Chief Executive Officer astephens@odessaminerals.com.au M: +61 488 992 544 odessaminerals.com.au