Skylark Minerals Limited · ASX:SKM
Skylark Minerals — Ironbark Gold — Investor Presentation (May 2008)
24 slides from Skylark Minerals's investor presentation, May 2008
Slide 1: May 2008 Presentation
MAY 2008 PRESENTATION A well funded, focused and dynamic Company For personal use only that is seeking to become a significant global miner through its wholly owned large scale resource base
Slide 2: Disclaimer
Disclaimer For personal use only The following information is for shareholders and not intended to guide any investment decisions in Ironbark Gold Limited (Ironbark). Some of the information is intended as a guide to the potential of the Citronen zinc project but is not predictive. Consideration of
Slide 3: Directors' & Management
Directors’ & Management For personal use only Peter Duncombe Bennetto - Chairman Banking & Finance Jonathan Charles Downes - Managing Director Geologist Adrian Paul Byass - Technical Director Geologist Gregory Clyde Campbell - Director of Engineering Process Engineer David William Round – Chief Fina
Slide 4: Issued Capital
Issued Capital For personal use only Shares on Issue: 213,601,965 Options on Issue: 92.3 Million (execution yields ~ $25 Million) Investments: 3 Million shares in Wolf Minerals Limited (ASX Listed) 4 Million shares in Sabre Resources Limited 4 Million Options in Sabre Resources Limited exercisable a
Slide 5: Major Shareholders (Top 10)
Major Shareholders (Top 10) For personal use only Holder Name Number Held Percentage 1 Singpac Investment Holding PTE (Glencore) 42,110,593 19.8 2 Bedford Resources Holdings 24,000,000 11.28 3 HSBC Custody Nominees 11,183,734 5.26 4 Morgreen Holdings Pty Ltd 8,000,000 3.76 5 Kale Capital Corporation
Slide 6: Zinc Consumption
Zinc Consumption Correlates with global construction For personal use only
Slide 7: Zinc Supply Gap
Zinc Supply Gap Predictable For personal use only Source: Brook Hunt, Xstrata Zinc
Slide 8: Secure & Supportive Tenure
“Secure & Supportive Tenure” Geologically Prospective For personal use only Home Rule – Danish/Greenland Government – negligible sovereign risk Exploration Licence to Exploitation Licence BMP exceptionally supportive – looking to minerals and petroleum to support independence
Slide 9: Discovery Zone
Discovery Zone (30m high wall of sulphide mineralisation) For personal use only
Slide 10: Citronen - World Class Resource
Citronen - World Class Resource For personal use only (JORC and NI43-101 Compliant) Indicated 40.4Mt 4.2% zinc 0.5% lead Inferred 32.1Mt 4.2% zinc 0.6% lead Total* 72.5Mt 4.2% zinc 0.5% lead * Previously reported inferred resource of 16.8Mt @ 7.8% zinc and 0.9% lead
Slide 11: Billion pounds of zinc and growing
~ 7 Billion pounds of zinc and growing For personal use only Citronen World Class zinc resource 100% owned Independently calculated by Wardrop to NI 43-101 and JORC standards (>50%Mt resource now categorised as Indicated) Mineralisation begins at surface, has excellent mining geometry and has
Slide 12: Scope of Mine
Scope of Mine For personal use only Ausenco targeting completion of prefeasibility study late 2008 Investigating production scenarios up to 200,000 tpa of zinc metal for revenues of up to ~$450M pa Underground and open pit mining schedules being reviewed by SRK Target to become one of the wo
Slide 13: Preliminary & Conceptual Plant & Reserve Plan
For personal use only Preliminary & Conceptual Plant & Reserve Plan
Slide 14: Australian Peer Comparison
Australian Peer Comparison For personal use only Ironbark represents compelling exposure to zinc Company Market Capitalisation Zn (000’t) MC$/lb Zn Zinifex $ 5,100,000,000 16,640 $ 0.14 Kagara $ 1,140,000,000 746 $ 0.69 Perilya $ 185,000,000 2,100 $ 0.04 Terramin* $ 373,800,000 2,040 $ 0.18 CBH Reso
Slide 15: Larger Peer Operations
Larger Peer Operations For personal use only Ironbark resource base 72.5Mt @ 4.2% Zn, 0.5% Pb (3% Zn cutoff) Apex Silver - (The Worlds most recent large zinc mine to be commissioned- 35% Sumitomo) - San Cristobal Mine, ~15Mtpa (Reserves 251Mt @ 1.5% Zn, 0.5% Pb, 55 g/t Ag) - (Oxide reserves show 0
Slide 16: Exploration Targets
For personal use only Exploration Targets First mover advantage Numerous large exploration targets Mineralisation is often open ended Gravity survey over broader region SEDEX deposits occur in cluster 100% owned exploration licenses’ over 2,847 km2 of prospective area
Slide 17: The Tip of The Iceberg?
The Tip of The Iceberg? The prospective horizon is largely and truly untested For personal use only
Slide 18: Exceptional Exploration Potential
Exceptional Exploration Potential Mineralisation currently only constrained by drilling For personal use only
Slide 19: World Class Australian SEDEX Camp
World Class Australian SEDEX Camp SEDEX deposits occur in clusters For personal use only
Slide 20: For personal use only
J ey +1 ity Tab but + id (3 = Kino
Slide 21: Other Projects
Other Projects For personal use only Captains’ Flat Ironbark has entered into a three way Joint Venture with Glencore International AG (Glencore) and Monaro Mining Limited (Monaro) to explore the Captains Flat Base Metal Project located south of Canberra in New South Wales. The Project covers a stri
Slide 22: For personal use only
For personal use only
Slide 23: The Future
The Future For personal use only Appraise the rapid development of Citronen - work has commenced Determine the size of Citronen Deliver a major base miner to our shareholders The information in this presentation that relates to Exploration Results, Mineral Resources or Ore Reserves is based on
Slide 24: For personal use only
For personal use only