Zinc Of Ireland Nl · ASX:ZMI
Zinc Of Ireland Nl — Investor Presentation (May 2019)
24 slides from Zinc Of Ireland Nl's investor presentation, May 6, 2019
Slide 1: Building on a Historic Discovery
ASX Code: ZMI May 2019 BUILDING ON A HISTORIC DISCOVERY The Kildare Zinc Project – On the Pathway to Development
Slide 2: Disclaimer
Disclaimer The following disclaimer applies to this presentation and any information provided regarding the information contained in this presentation. You are advised to read this disclaimer carefully before reading or making any other use of this presentation or any information contained in this p
Slide 3: Competent Person's Statements
Competent Person’s Statements The information in this report that relates to exploration results is based on information compiled by Mr. Sean Hasson, a Competent Person who is a Member of the Australian Institute of Geoscientists. Mr. Hasson is Zinc of Ireland NL’s Exploration Manager. Mr. Hasson ha
Slide 4: The Project, Team and Plan to Progress Development
The Project, Team and Plan to Progress Development • Located within a mature mining district with excellent infrastructure. • Existing resources located in ideal Irish-type zinc setting. • Significant exploration upside; 7,500m drilling program commencing May 2019. • Excellent metallurgical performa
Slide 5: Corporate Overview
Corporate Overview TICKER SHARES ON ISSUE OPTIONS ON ISSUE MARKET CAPITALISATION CASH AT BANK ASX: ZMI 121.5 million 83 million ~A$12 million ~A$3.6 million Positioned with a strong share Board & register including significant insider & Related Parties institutional ownership; fully funded (14%) 201
Slide 6: Experienced and Proven Board of Directors
Experienced and Proven Board of Directors Richard Monti Patrick Corr Julian Barnes Adrian Goldstone Thomas Corr Chairman Executive Director Non Executive Director Non Executive Director Non Executive Director Corporate geologist with Corporate lawyer with Geologist with over 37 In excess of 35 years
Slide 7: Active in the World's Most Prospective Zinc Region
Active in the World’s Most Prospective Zinc Region IRELAND IS RANKED FIRST IN THE WORLD FOR ZINC DISCOVERED PER KM2 • 50 years of exploration has resulted in the discovery of >25 deposits containing +20Mt of Zn metal. • Majors presently exploring and mining; Boliden, Teck & Glencore. Year of Grade %
Slide 8: Ireland: A Place Where Zinc Mines are Built
Ireland: A Place Where Zinc Mines are Built • Established mining industry. • Home to Boliden’s Tara mine; Europe’s largest Zn mine in operation since 1977. • Grid power, roads, railways & ports. • Modest cost profiles, skilled local workforce. • Numerous smelters within Europe. • 25% corporate tax r
Slide 9: The Kildare Project
The Kildare Project THE RATHDOWNEY TREND – THE HOME OF PROFITABLE ZINC MINES • Large (~240km2), contiguous and prospective land package within the Rathdowney Trend. • The Rathdowney trend has produced two profitable zinc mines: Lisheen and Galmoy, both located within ~80km of Kildare and along the s
Slide 10: The Allenwood Graben: Historic Exploration
The Allenwood Graben: Historic Exploration • Well-constrained exploration search area hosting a large hydrothermal system. • <20% of all drilling has tested Allenwood the prospective ‘base of reef’ position. McGregor • ~40% of historic drilling have no Celtic Tiger available assays and where Shamroc
Slide 11: McGregor Zone: Reduces the Exploration Target Threshold
McGregor Zone: Reduces the Exploration Target Threshold • Initial Resource Estimate (May 2017): McGregor: 4Mt @ 100m 8.8% Zn+Pb of Global Resource of 5.2Mt @ 8.6% Zn+Pb. 12m @ 22 + 3 17m @ 17 + 4 • Review of Initial Resource Estimate underway. 18m @ 8 + 1 36m @ 10 + 1 • Post-Initial Resource Estimat
Slide 12: Exceptional Metallurgy: McGregor
Exceptional Metallurgy: McGregor Zinc concentrate: • 96% recovery of Zn to concentrate. • 56% Zn in concentrate. • Minimal Pb in Zn concentrate. • Minimal levels of deleterious elements in either concentrate. Lead concentrate: • Standard differential flotation process employed using a • 86% recovery
Slide 13: The Allenwood Graben: Widespread Zinc Mineralisation
The Allenwood Graben: Widespread Zinc Mineralisation GOOD POTENTIAL FOR ADDITIONAL DISCOVERY Upper Zone Hole ID From Length Zn Pb Zn+Pb Zone Min. Style Mineralisation <6% Zn+Pb% (m) (m) (%) (%) (%) cut-off A 1629_66* 135 5 8 1 9 Allenwood Upper Zone B RHB_19* 32 19 13 2 15 McGregor Upper Zone C RHB_
Slide 14: The Allenwood Graben: The Exploration Model
The Allenwood Graben: The Exploration Model Supra-reef: Upper pelsparite Supra-reef Micrite Supra-reef: Basal pelsparite Metal rich and slightly Waulsortian reef: acidic hydrothermal Stromatactic limestone fluid derived from basement are channeled up pre- and Sub-reef: syn-sedimentary faults Bioclas
Slide 15: The Allenwood Graben: The Structural Model
The Allenwood Graben: The Structural Model • Reinterpretation of the Allenwood Graben structural architecture has resulted in an increase in the potential for the discovery of additional Zn-Pb massive sulfides. • The major basin-bounding normal fault (Kildare Inlier) on the eastern margin of the gra
Slide 16: The Allenwood Graben: 2019 Exploration Programme
The Allenwood Graben: 2019 Exploration Programme • Comprehensive and staged exploration programme within the Allenwood Graben commencing during May. Objective 1: • Staged exploration drilling focussing on specific areas proximal to the prospective Kildare Inlier to define additional Zn-Pb resources.
Slide 17: Additional Activities During 2019
Additional Activities During 2019 Metallurgical Testwork ✓ Excellent recoveries and concentrates produced. Resource Review ❑ Based on additional drilling and sampling since Initial Resource Estimate dated May 2017. Environmental Baseline ❑ Establish EIA-related baseline requirements. ❑ Commence pre-
Slide 18: Reasons to Invest
Reasons to Invest • EXISTING ZINC RESOURCE – reduces the exploration risk threshold. • EXPLORATION DRILLING COMMENCING MAY – new exploration and structural models. • EXCELLENT METALLURGY – high quality zinc and lead concentrates produced. • PROJECT DE-RISKING – parallel activities to reduce study ti
Slide 19: Appendix: Additional Technical Slides
Appendix Additional Technical Slides 19
Slide 20: The Allenwood Graben: Stratigraphy and Mineralisation
The Allenwood Graben: Stratigraphy and Mineralisation Allenwood Beds Upper Zone • Extremely well-preserved ~340Ma hydrothermal system with ~400m Mineralisation Zn-Pb mineralisation developed over a ~400m vertical extent. Waulsortian Reef • Favourably, the supra-reef rocks (Allenwood Beds) in the Kil
Slide 21: The Allenwood Graben: Bedrock Zn Geochemistry
The Allenwood Graben: Bedrock Zn Geochemistry • Due to overburden/cover, ‘top of bedrock’ drill sampling was employed historically. • ~1,500 ‘top of bedrock’ samples have been collected through time predominantly in the northern half of the graben. • Zn anomalism at the top of bedrock is primarily h
Slide 22: The Allenwood Graben: The Structural Model
The Allenwood Graben: The Structural Model • A large asymmetric half graben. • Major basin-bounding normal fault on the eastern margin with subparallel, subsidiary normal faults within the basin. • Stratigraphy generally dips 10-20° to the east. • Internal fault fabric compartmentalised by transfer
Slide 23: Break-up and brecciation of massive colloform sulfide
Break-up and brecciation of massive colloform sulfide by late infill of grey to white manganocalcite. Sphalerite Galena ~6.4cm DDH Z-4069-027: McGregor zone, base of Waulsortian reef (HQ half core); 16m @ 22% Zn+Pb 23
Slide 24: Zinc: The World's Fourth Most Consumed Metal
Zinc: The World’s Fourth Most Consumed Metal DEMAND FUNDAMENTALS REMAIN STRONG – 10 YEAR OUTLOOK • Global demand forecast to grow by 2% annually. • Consumption dominated by China and growing living standards. • 2028 consumption forecast: 17.5Mt of zinc metal • 287,000t additional metal per annum req
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