Vault Minerals Limited · ASX:VAU
Vault Minerals — Red 5 — Resources Rising Stars conference 2018
19 slides from Vault Minerals's conference presentation, May 28, 2018
Slide 1: Red 5 Limited – Resources Rising Stars presentation
ASX Code: RED For personal use only 29 – 30 May 2018 – Mark Williams, Managing Director
Slide 2: Competent Person's Statement & Disclaimer
Competent Person’s Statement & Disclaimer Competent Person Statement for Exploration Results For personal use only The information in this presentation which relates to Exploration Results is extracted from the ASX announcement titled “High-Grade Drilling Results Confirm Potential for Resource Exten
Slide 3: Red 5 – Corporate Summary
Red 5 – Corporate Summary For personal use only Share Price Issued Shares Market Cap • Kevin Dundo Chairman (at 25/05/18) (undiluted) (at 25/05/18) • Mark Williams Managing Director A$0.066 1,240.7M A$81.9M • Ian Macpherson Non-executive Director • Colin Loosemore Non-executive Director Enterprise V
Slide 4: Red 5 Projects: 2.4Moz Resource Inventory
Red 5 Projects: 2.4Moz Resource Inventory Siana Gold Project, Philippines For personal use only • Open pit and underground mining Darlot Gold Mine, WA • CIL process plant • Underground mining • Operations temporarily suspended • CIL process plant Mapawa Project, Philippines King of the Hills Gold Pr
Slide 5: Growth Potential – Against Peers
Growth Potential – Against Peers 400 For personal use only 350 Projects with processing option in Projects with no current EV A$/oz resources 300 place or close to commissioning processing option 250 (average A$122/oz) (average A$67/oz) 200 150 100 50 0 Source: Share Prices from ASX 22 May 2018, com
Slide 6: Eastern Goldfields – Production and Processing
Eastern Goldfields – Production and Processing For personal use only Strong performance at Darlot Underground since 2 October 2017 Underground mining commenced at KOTH in January 2018 – ramp-up progressing well Forecast guidance for CY2018 of 85,000-95,000oz Forecast guidance for June 2018 Q
Slide 7: Ockerburry Hill Tenement
Ockerburry Hill Tenement Acquisition consistent with Red 5’s Eastern Goldfields For personal use only consolidation strategy Tenement EL36/865, located approximately 20km west of Darlot, acquired from global gold miner AngloGold Ashanti Tenement covers a highly prospective part of the Yandal G
Slide 8: Darlot – A Treasure Trove of Opportunity
Darlot – A Treasure Trove of Opportunity For personal use only Lords High Pipeline of ranked Amplitude exploration and resource targets Large number of bolt-on opportunities for El Dorado near-term Resource South and Reserve growth Recent acquisition of Ockerburry Hill Tenement, 20km west of D
Slide 9: Darlot – Multiple Near-Surface & Deep Targets
Darlot – Multiple Near-Surface & Deep Targets For personal use only Darlot Thrust extension targets Aurora Target – strong multi-element geochemical target along strike from Centenary Darlot - Key underground targets Waikato Open Pit – Waikato IP, Thrust Magnetic Target – Repeat Mine Targets near-su
Slide 10: Waikato Open Pit – Magnetic High Target
Waikato Open Pit – Magnetic High Target 2km of largely untested strike potential For personal use only High priority walk-up drill targets identified: Magnetic high feature 300m NW of Waikato North and 400m SE of Waikato South 400m section of magnetic high response between Waikato and Waikat
Slide 11: Darlot – Key Underground Targets
Darlot – Key Underground Targets For personal use only Second underground drill rig arriving in June – El Dorado focus on near-mine targets and 3D seismic Oval North Lords High Amplitude targets: North West Lords High Amplitude CDA Lords Oval North West Felsics Oval Flattening El Dorado Pede
Slide 12: Growth Potential – Resources & Reserves
Growth Potential – Resources & Reserves Updated JORC 2012 Resource of 6.0Mt @ 4.6g/t for 895koz For personal use only – four-fold increase in contained ounces over previous Gold Fields SAMREC Resource estimate4, primarily due to: Inclusion of areas previously considered sterilised Reduced mini
Slide 13: Growth Potential – Near-Mine Extensional Drilling
Growth Potential – Near-Mine Extensional Drilling5 For personal use only 5.0m @ 5.7g/t Au (CAD0400) 5.0m @ 5.5g/t Au (CAD0401) 1.0m @ 7.8g/t Au (CAD0402) 9.0m @ 13.2g/t Au (CAD0403) 0.8m @ 0.8g/t Au (CAD0404) 4.5m @ 7.2g/t Au (CAD0405) 5.0m @ 50.0g/t Au (CAD0406) 5.0m @ 10.0g/t Au (CAD0407) 4.5m @ 2
Slide 14: King of the Hills Mine – Growth and Upside
King of the Hills Mine – Growth and Upside Located in prolific Leonora Greenstone Belt For personal use only Underground Indicated and Inferred Resource of 2.71Mt @ 4.6g/t Au for 402koz (Saracen Minerals Resource and Reserve Statement, 2 August 2017) Underground mining and resource drilling co
Slide 15: King of the Hills – Growth Opportunities
King of the Hills – Growth Opportunities Heap Leach assessment: For personal use only Potential to heap leach lower-grade ore from KOTH underground and cut-back to historical open pit Preliminary test work indicates +70% recovery achievable at typical heap leach operating conditions Second s
Slide 16: King of the Hills – Regional Targets
King of the Hills – Regional Targets 11,751 ha tenement package in the Leonora Greenstone For personal use only Belt, complete with extensive high-quality exploration datasets: High resolution magnetics High resolution gravity 2D seismic lines (over deposit position) Tenement-wide soil geo
Slide 17: Siana Gold Project, Philippines
Siana Gold Project, Philippines Mining suspended at Siana Gold Project in April 2017 in response For personal use only to regulatory delays Suspension plan rapidly and effectively implemented to preserve the significant retained value of the large in-ground gold inventory at Siana During the p
Slide 18: Red 5 – New Mines, Not Old Mines
Red 5 – New Mines, Not Old Mines For personal use only Commanding 36,489ha footprint in the highly-endowed Leonora- Leinster gold district – Darlot, King of the Hills and Ockerburry Hill On EV / Resource oz, on known resources, Red 5 is undervalued Darlot exploration is delivering broad minera
Slide 19: Thank-you
For personal use only Thank-you 19 ASX Code: RED