Zinc Of Ireland Nl · ASX:ZMI
Zinc Of Ireland Nl — Global Metals Exploration NL — Investor Presentation (December 2012)
24 slides from Zinc Of Ireland Nl's investor presentation, December 2012
Slide 1: Investor Presentation
Investor Presentation “Jutson Rocks - Western Australia’s under-explored greenstone belt” ASX: GXN & Frankfurt FRA:39G December 2012
Slide 2: Disclaimer
Disclaimer The information contained in this Presentation has been prepared by Global Metals Exploration NL ( “GXN” the “Company”). This Presentation does not constitute an offer or invitation to any person to subscribe for or apply for any securities in the Company. While the information contained
Slide 3: Create value for shareholders by advancing our Western Australian asset base
Create value for our shareholders by advancing our asset base in Western Australia from explorer to developer and producer, through an intensive exploration campaign in 2013 February 2012 3
Slide 4: Company Projects
Company Projects Jutson Rocks Project (Au) • A parallel Greenstone Belt to the Yamarna Belt that already has established copper-nickel mineralisation on the eastern edge with gold mineralisation in the central zone Mt Venn • Considerable tenement activity in these two under-explored Project belts wi
Slide 5: Global Metals Overview
Global Metals Overview Market Capitalisation of A$2.80M (undiluted) on Issued Capital of (as at 6th December 2012): 560.3M ASX:GXN Share price of ordinary $0.005 shares 116.0M partly ASX:GXNCA With 8.25c to pay paid shares (note NL company) 251.1M options ASX:GXNOB Expiry at 1 at 2c November 2015 Li
Slide 6: Exploration Strategy for 2013
Exploration Strategy for 2013 Create value for our shareholders by advancing our asset base in Western Australia from explorer to developer and producer, through an intensive exploration campaign in 2013 January 2013 January 2014 Jutson Rocks Mt Venn Leonora • Complete the geochemical gold • Follow
Slide 7: GXN Exploration Completed
GXN Exploration Completed Jutson Rocks • Geological analysis and interpretation • Three BLEG programs totalling 100km2 • Three Auger drill programs totalling 4,636m • 2,181m RAB drilling program • Doubling the Jutson Rocks gold anomalies to 20 for further review Mt Venn • Review and interpretation o
Slide 8: Leonora Project (Au)
Leonora Project (Au) Project Overview • Tenement position located over the Leonora Belt, including granted Mining Lease • Heads of Agreement for Global Metals to acquire Messina Resources Limited, which holds the Leonora project in the Leonora goldfields of WA • Previous exploration work on the proj
Slide 9: Jutson Rocks (Au)
Jutson Rocks (Au) Project Overview • GXN holds 90% of the Jutson Rocks Greenstone Belt (“JRGB”) • 35km long “gold corridor” identified • First company to explore the belt with a multi- commodity approach and the first to systematically target gold • Soil anomalies >10ppb gold: 20 gold anomalies iden
Slide 10: Jutson Rocks Greenstone Belt
Jutson Rocks Greenstone Belt Gold – shear zone hosted Associated with competency contrasts along sediment/mafic contacts Associated with high Fe and S reactive brittle positions (basal dolerite sills) Nickel-copper sulphides “Kambalda-style” – associated with komatiites Sudbury/Salay Malay s
Slide 11: Jutson Exploration Completed
Jutson Exploration Completed GXN discovers gold mineralisation at Jutson Rocks through investment of approx $2m over three years incorporating ….”. Exploration Program Completed Date BLEG Chemistry – E38/1540 & 1541 (Au) 19-09-2011 BLEG Chemistry - E38/1540 & 1541 (Au) 23-12-2011 BLEG Chemistry - E3
Slide 12: GXN Exploration Completed - BLEG
GXN Exploration Completed Gold Exploration Program - BLEG • Approximately 100km2 of the prospective central part of the JRGB has been sampled using Bulk Leach Extractable Gold (“BLEG”) soil geochemistry. The initial BLEG results defined three broad anomalous areas. • The second phase of BLEG samplin
Slide 13: GXN Exploration Completed - 2nd Phase Auger
GXN Exploration Completed 2nd Phase Auger Extended Gold Jutson auger prospect locations Southern gold prospect (“A”) Northern gold prospect (“B”) • 2nd phase soil-auger drilling (241 holes) defined two gold prospects • Southern gold prospect (“A”) is open south with a number of individual anomalies
Slide 14: GXN Exploration Completed - 3rd Phase Auger Results
GXN Exploration Completed 3rd Phase Auger Results • The third phase of the geochemical auger sampling program conducted during April and May 2012 on tenements EL 38/1540 and 38/1541. 1,326 auger soil samples were collected during this programme • Interpretation of the assays has revealed further ano
Slide 15: GXN Exploration Completed - RAB
GXN Exploration Completed Gold Exploration Program - RAB • Recently completed RAB drilling program consisted of 86 drill holes for a total of 2,181m. All holes were drilled to “blade refusal” which means that only the oxidised zone was drill tested. • At the Central Prospect auger geochemical anomal
Slide 16: GXN Exploration Completed - RAB Results
GXN Exploration Completed Hole ID E GDA 94 N GDA From To Interval Au EOH 94 ppm (g/t) JRAB050 537473 6910751 29 30 1 0.465 48 RAB Drilling Gold Highlights JRAB072 537616 6909612 42 43 1 4.76 52 • Initial program of RAB/Air Core JRAB073 537636 6909632 32 36 4 3.5 51 drilling returned highly anomalous
Slide 17: Rotary Air Blast Geochemistry
Rotary Air Blast Geochemistry December 2012 17
Slide 18: Jutson Rocks 2013 Q1 Air Core Program
Jutson Rocks 2013 Q1 Air Core Program Drilling out mineralisation • 10,000m Air Core drilling planned for Q1 2013 to build towards a resource through further exploration. • Past work has defined the zones of mineralisation December 2012 18
Slide 19: Mt Venn (Cu, Ni)
Mt Venn (Cu, Ni) Project Overview • Mt Venn Gabbro-Pyroxenite Sill, is located on Jutson Rocks Greenstone Belt (“JRGB”) • Targets worthy of additional exploration, priority being the Tasminex hole area where we have a poorly tested (Helix hole did not intersect the target from the last modelling exe
Slide 20: Geophysical Targets at Mt Venn
Geophysical Targets at Mt Venn • Second phase of VTEM identified several priority targets at Mt Venn with first round of RC drilling showing several mineralised zones • Several close to significant copper- nickel intersections in old Tasminex hole • In addition, subsequent follow-up showed copper mi
Slide 21: Re-splits of RC drilling at Mt Venn
Location map of MVRC025 to Re-splits of RC MVRC029 drill holes and VTEM targets (Datum GDA94 Zone 51) drilling at Mt Venn MVRC029 • Recent resampling of the copper-nickel sulphide have confirmed and improved the base metal results at Mt Venn Significant mineralised widths outlined below (Based on a
Slide 22: Historical Tasminex Core from Mt Venn
Historical Tasminex Core from Mt Venn Tasminex Hole TDH3 – multiple intersections of up to 2.85% Cu and 0.44% Ni over 1’ intervals in basal zones of the differentiated Mt. Venn Sill December 2012 22
Slide 23: GXN has exciting projects, experienced management and a clear vision
“GXN has exciting projects, experienced management and a clear vision for building several economic mines” The information in this release that relates to Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Carl Swensson, who is a Member of the Australasian Ins
Slide 24: Contact Details
Contact Details Global Metals Exploration NL Head Office: Address: Suite 1901, Level 19 109 Pitt Street Sydney NSW 2000 Phone: +61 2 9225 4050 Website: www.gmetex.com.au Email: info@gmetex.com.au December 2012 24
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