Velox Energy Materials Inc · TSXV:VLX
Velox Energy Materials — Currie Rose Resources — Investor Presentation (April 2013)
27 slides from Velox Energy Materials's investor presentation, April 2013
Slide 1: Platinum (PGM), Gold, Base Metals and Uranium – South Africa
Platinum (PGM), Gold, Base Metals and Uranium South Africa
Slide 2: Directors and Officers
Directors and Officers ¤ Michael Griffiths – President ¤ Harold Smith – CEO ¤ Joshua Hattingh (Director ¤ TSX-V Code: CUI -V &VP Exploration on ¤ Frankfurt: CDV Completion) ¤ Share Price: $0.07 ¤ Dwane Brosseau– Director ¤ Market Cap: $2.5m ¤ Shiv Madan - Director ¤ Shares on Issue: 35,701,313 ¤ Ken
Slide 3: Rock and Stock Investments geoscience consultancy
¤ Currie has secured the services of Rock and Stock Investments, a leading geoscience consultancy based in South Africa. ¤ Rock and Stock has strong capabilities in both surface and underground work and provides services across the geological spectrum including: ¤ mining, exploration, ¤ orebody mode
Slide 4: Currie to purchase a 74% interest in Isibaya Mining Resources
¤ Currie to purchase a 74% interest in Isibaya Mining Resources (Pty) Ltd. (“Isibaya”) through the purchase South African company Rock & Stock holding. ¤ A Black Economic Empowerment (“BEE”) group is the owner of the remaining 26% of Isibaya. ¤ Currie will pay US$500,000 to Rock and Stock as follows
Slide 5: South Africa is one of the world's most important mining countries
¤ South Africa is one of the world's and Africa's most important mining countries in terms of the variety and quantity of minerals produced. It has the world's largest reserves of chrome, gold, vanadium, manganese and PGM's. ¤ As a result, infrastructure development (road, rail, ports and air travel
Slide 6: Project selection criteria
¤ Historical deposits over-looked by majors due to either size or historical grade. ¤ Deposits with considerable historical exploration information. ¤ Minerals in demand (platinum, gold & copper). ¤ Walk-up drill targets, convertible to Resources value adding into production or sale. ¤ Phase 1 explo
Slide 7: Uitvalgrond, Sondzela and Steinkopf Projects
Uitvalgrond Project ¤ East Limb - Bushveld Complex) ¤ PGE and Chromite Sondzela Project ¤ Barberton Achaean Greenstone belt ¤ Bien Venue: Base Metals, Silver and Gold ¤ Three Sisters: Historic Gold Mine and tailings ¤ Figaro: Historic Gold Mine Steinkopf Project ¤ Western Cape ¤ Uranium and pegmatit
Slide 8: Currie African Operations
@ Currie African Operations
Slide 9: Isibaya Project Locations
@ Isibaya Project Locations
Slide 10: The Bushveld Complex hosts 90% of known PGE reserves
¤ The Bushveld Complex (“Bushveld”) is host to 90% of the world's known Platinum Group Elements (PGE) reserves. ¤ The 1-5metre thick Merensky Reef is the primary source of the world's platinum. ¤ In addition, nearly 70 % of the world's chromium is hosted in the Bushveld complex.
Slide 11: Uitvalgrond: East Limb Bushveld
Uitvalgrond: East Limb Bushveld Uitvalgrond Project
Slide 12: 3,629.5 Ha of Bushveld adjacent to major platinum producers
¤ 3,629.5 Ha of Bushveld ¤ Adjacent to Anglo Platinum, Aquarius Platinum, East Plats and Northam properties. ¤ Proven outcrop of UG2 (a platiniferous chromititc layer) over at least 1.5km ¤ Extensive outcrops of chromitite seams identified across entire project. ¤ Potential for Merensky, UG, MG and
Slide 13: P1 and P2 areas underlain by UG2 and chromite seams
¤ P1 - approximately 195Ha underlain by UG2 (a platiniferous chromite layer). ¤ P2 approximately 1500Ha potentially underlain by other Chromite seams (with platinum) on remainder. ¤ Chromite thicknesses from 30cm to 100cm on mapped areas. ¤ Everest Mine (PGE) sits between P1 and P2.
Slide 14: Uitvalgrond Potential
Uitvalgrond Potential P1- Sterkfontein Farm P2 –Vygenhoek & ¤ UG2 (195 hectares) Uitvalgrond Farms ¤ Based on known along ¤ 1,500 hectares strike deposits P1 has ¤ 30cm – 100cm width potential for: seam ¤ 30cm – 100cm Reef ¤ Grade 1-3.15g/t PGE width ¤ Additional potential for ¤ Grade 2.5-3.15g/t PG
Slide 15: Phase 1 Drilling Programme
Phase 1 Drilling Programme ¤ 16 diamond holes on already defined targets ¤ Aeromagnetic & radiometric survey to enhance and generate additional targets ¤ Geology, logistics ¤ Target - Inferred Resources
Slide 16: Sondzela project: Bien Venue, Three Sisters, Figaro
Minimum of three targets within one project, covering 6 farms over 7,336.4Ha. ¤ Bien Venue – Historic Anglo American base metal prospect: silver, gold and base metals. ¤ Three Sisters – Former historic gold mine: ¤ open at depth with ¤ possible strike extensions and ¤ Historic tailings from earlier
Slide 17: Sondzela Geology & Location
Sondzela Geology & Location 31°18 E 31°24 E Kaapmuiden BIEN VENUE (—] Farm Boundary aaa Railway line National Route Main Roads
Slide 18: Bien Venue Simplified Geology
Bien Venue Simplified Geology
Slide 19: Anglo American historical work at Bien Venue
Anglo American completed the following: ¤ 1,450m of trenches & 275 pits ¤ 33 Diamond Drill holes (27 surface + 6 underground) ¤ 82 Percussion Drill holes ¤ 3,204 drill hole Samples Collected ¤ Underground development of ~500m from adit ¤ Historic “In-house” resources defined only to a max. depth of
Slide 20: Three Sisters underground development
¤ Underground development on three mine units on 15 levels. ¤ Underground plans available for all sections. ¤ Grades and mapping for mined areas available. ¤ Investigation into stoping between 12 and 15 levels and strike extensions of three sections. ¤ Potential for re-evaluation of remnant areas, d
Slide 21: Three Sisters underground level outlines
Farm Boundary Mine Road Underground Development ‘Three Sisters N Level 6 outline Level 8 outline Level 10 outiine “WZ Level 11 outiine L—] J RLVVVNVV
Slide 22: Figaro coincident base metal anomaly
¤ Coincident base metal anomaly over historical gold workings. ¤ Gold up to 100g/t and Silver up to 14.6g/t in samples from old workings. ¤ 91Km of sampling lines and almost 4,000 soil samples collected by Anglo. ¤ Anomaly identified measures ~3km length by up to 700m width. ¤ Significant potential
Slide 23: Figaro Project - Ag Soil Anomaly
Figaro Project - Ag Soil Anomaly vm Figaro Project ye Figaro Mine [EE salisbury Kop Granodiorite Silver Assay Anomalies (Jj 0.1-0.3 p.p.m.
Slide 24: Steinkopf Project uranium
¤ Steinkopf Project covers 67,908 Ha immediately adjacent to the historical (1979) Anglo American Henkries uranium deposit (subsequently further investigated by Niger Uranium). ¤ Early stage target is principally shallow (10-15m below surface) Uranium-enriched sediments with secondary targets of peg
Slide 25: Steinkopf geology map
[HEEB Nama Group (siliciclastic Rocks) [Ea Bushmaniand Group (schist) (EG Orange River Group (mafic and ultramafic volcanic rocks) [EE tie Namaqualand Suite ( gnetss) =) [[) Hoogoor Suite (granite gneiss) [BI iadkop suite (gneiss) § Woost suite (felsic, Intermediate, mafic) Datum: WGS84 Created by M
Slide 26: Prospecting rights and high priority targets
¤ Three separate prospecting rights. ¤ At least 5 high priority targets. ¤ Exploration expenditure - results driven. ¤ Key exploration can be completed in ~12 months. ¤ Opportunity to add significant value to all projects with relatively low spend with large upside potential.
Slide 27: TSX Venture Exchange and forward-looking statements notice
¤ Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this Presentation. ¤ “This Presentation includes certain forward-looking statements or information. All
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