Nt Minerals Limited · ASX:NTM
Nt Minerals — Shareholder Meeting (November 2019)
20 slides from Nt Minerals's shareholder meeting presentation, Nov 28, 2019
Slide 1: AGM Presentation
AGM Presentation November 2019 NTM Gold Ltd ASX: NTM ntmgold.com.au
Slide 2: Disclaimer
Disclaimer The information in this document has been prepared as of June 2019. The document is for information purposes only and has been extracted entirely from documents prior materials publicly filed with the Australian Securities Exchange and/or the Australian Securities and Investments Commissi
Slide 3: Company Snapshot
Company Snapshot ◼ Exceptional Location – Leonora WA Strategic: Four large gold operations nearby Regional consolidation and/or synergy potential ◼ Competitive Advantage High grade oxide mineralisation close to surface Optionality on monetizing the Redcliffe Gold Project ◼ Growth Focused 5
Slide 4: Corporate
Corporate Share Price Performance Board & Management $/share Vol. (m) Edward Van Heemst Chairman, Non-Executive Director 0.07 7.0 Andrew Muir Managing Director 0.06 6.0 Rodney Foster Non-Executive Director 0.05 5.0 Eduard Eshuys Non-Executive Director 0.04 4.0 Shareholders 0.03 3.0 Board 8% 0.02 2.0
Slide 5: Strategic Location
Strategic Location ◼ +300km2 of tenements ◼ 12Moz mined to date from the region ◼ 4 existing gold operations within trucking distance ◼ Optionality on how to monetize Redcliffe ◼ NTM has high grade oxide close to surface at Hub and GTS 5
Slide 6: Mertondale Shear
Mertondale Shear ◼ Almost 40km strike within Redcliffe ◼ Major gold rich fluid pathway ◼ Mineralisation associated with kinks, bends, offsets and intrusives, often along geological contacts ◼ Mineralisation at very north (Aliso) and very south (GTS) Redcliffe N GTS East Aliso Hub Deposits Priority P
Slide 7: Historic Exploration – Not Deep Enough
Historic Exploration – Not Deep Enough N GTS Bindy Aliso Hub Nambi All drilling Kelly c.40km Drilling deeper than 50m Drilling deeper than 100m 7
Slide 8: Historic Exploration – Not Deep Enough
Historic Exploration – Not Deep Enough ◼ All deposits & prospects still open at depth &/or strike ◼ Large areas still to be tested 30km 8
Slide 9: NTM Exploration
NTM Exploration ◼ Excellent Track Record 39% of all holes have +1g/t gold <$15/oz discovery cost ~70% of funds go into exploration $3.2m exploration spend since Jun-18 of which $1.9m has been on Hub tenement ◼ Focus is on Growth - Expanding the Resource: Solid platform Existing deposits
Slide 10: Highly Successful Explorers
Highly Successful Explorers ◼ NTM methodical explorers – drilling deeper, starting with Aircore Year Area Aircore Result Now 2017 Bindy 17m @ 1g/t from 60m 99koz resource1, open 2018 Hub 7m @ 5g/t from 40m 1,130m strike, high grades Since then 10m @ 23g/t from 55m 10m @ 9g/t from 65m 2019 Redcliffe
Slide 11: Hub
Hub ◼ High grade oxide close to surface ◼ +1,130m strike, surface to +300m Hub North depth ◼ Hub not in current resource base ◼ RC & DDH results include: +3,000m Hub +1,130m 7m @ 9.2 g/t Au from 49m incl. 1m @ 48.0 g/t Au; 6m @ 12.9 g/t Au from 63m incl. 3m @ 21.7 g/t Au; 8m @ 8.8 g/t Au from
Slide 12: Hub – Long Section
Hub – Long Section 1,130m See Appendix III for all announcements pertaining to drill results 12
Slide 13: Redcliffe East
Redcliffe East ◼ +250m strike and +150m vertical - still open ◼ Outstanding widths with local high grades ◼ Mineralisation comes close to surface ◼ Follow-up required ◼ Redcliffe East not in the current NTM resource See Appendix III for all announcements pertaining to drill results 13
Slide 14: Mertondale Shear
Mertondale Shear ◼ Mineralisation seen entire strike of MSZ within Redcliffe Aliso in the north to GTS in the south Large areas untested between ◼ Multiple targets to test Structural, Aircore intercepts, Historic drilling to follow up N GTS Aliso Hub Deposits Prospects 14
Slide 15: Regional Dynamics
Regional Dynamics ◼ Four processing plants in the region ◼ Requirements for more oxide ore ◼ Regional consolidation and/or synergy potential NTM has high grade oxide close to surface ◼ Ongoing assessment of opportunities We see Leonora as an outstanding region in which to be exploring 15
Slide 16: 2019 – A Busy and Successful Year
2019 – A Busy and Successful Year ◼ Drilling Holes: Aircore - 253 RC - 85 DD - 10 Metres: Aircore - 17,277m RC - 14,374m DD - 1,659m ◼ Hub Prospect Extended from 300m in Aircore to 1.13km with RC & DD - Still Open Shallow high grades with mineralisation also present at +300m depth ◼ Redcliff
Slide 17: Summary
Summary ◼ Excellent Location Strategic: Four gold operations nearby Prospective: Multiple +1Moz gold deposits Consolidation and/or synergy potential ◼ Adding Value by Drilling Actively exploring Immediate focus is Hub Many other areas and deposits to be tested ◼ Successful and Efficient
Slide 18: Appendix I
Appendix I Redcliffe Resource Base JORC Resource at 0.5g/t lower cut off1 Indicated Inferred Total Deposit Tonnes g/t Ounces Tonnes g/t Ounces Tonnes g/t Ounces Nambi 702,617 2.68 60,456 866,592 2.77 77,240 1,569,209 2.73 137,696 GTS 1,050,663 1.93 65,250 1,785,613 1.27 73,141 2,836,276 1.52 138,391
Slide 19: Appendix II
Appendix II Exploration Target Independent assessment of Redcliffe Gold Project1 Prepared by Dr James Lally Low 14.38 Mt @ 1.8g/t for 0.84Moz High 21.55 Mt @ 2.5g/t for 1.70Moz Excludes current resource of: Note: The upper and lower grades of the Exploration Target 12.53 Mt @ 1.34g/t for 0.54Moz2
Slide 20: Appendix III
Appendix III Recent Announcements Pertaining to Exploration 19-November-2019 Aircore Highlights New Trends, Hub RC Singles Confirm Grades 23-October-2019 RC and Diamond Drilling Extend Hub 16-September-2019 Exploration Continues at Redcliffe 30-August-2019 More High-Grade RC Results from Hub 14-Augu