Zinc Of Ireland Nl · ASX:ZMI
Zinc Of Ireland Nl — Global Nickel Investments NL — Corporate Update (August 2011)
21 slides from Zinc Of Ireland Nl's corporate update, Aug 17, 2011
Slide 1: Drilling Commences
August 17, 2011 Drilling Commences ASX Release: GNI Global Nickel Investments NL is pleased to announce the commencement of drilling at its Mt. Cornell and Mt. Warren projects on the Jutson’s Rocks Greenstone Belt in Western Australia. Drilling commenced ahead of schedule on the 11th August with Qua
Slide 2: Competent Person's Statement
Competent Person’s Statement 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 Institute of Mining & Metallurgy. Mr Swensson is a director of Global Nickel Inve
Slide 3: Corporate Presentation
I N V E S T M E N T S N L Corporate Presentation August 2011 “A multi-commodity approach to an under-explored greenstone belt” Carl Swensson – Technical Director
Slide 4: Disclaimer
I N V E S T M E N T S N L Disclaimer • This document is not a disclosure document nor does it constitute the provision of financial product advice. No representation or warranty is made as to the accuracy, completeness or reliability of the information. The information is provided expressly on the b
Slide 5: GNI's Corporate Strategy
I N V E S T M E N T S N L GNI’s Corporate Strategy • Dominate, prospective, under-explored greenstone belt • Demonstrated mineralisation • Multi-commodity targeting • Rapid drill targeting - geophysics + geochemistry + geology • Drill-ready targets • Strong technical management August, 2011 3
Slide 6: Global Nickel Overview
I N V E S T M E N T S N L Global Nickel Overview • Market Capitalisation of $5m on Issued Capital of: • 212m ordinary shares (ASX: GNI), last traded at $0.024 • 115m partly paid shares (ASX: GNICA) with 8.25c to pay • 215m 10c, 30 June 2012 options (ASX: GNIOA) • Governance and Management: • Directo
Slide 7: Commanding a Dominant Position
I N V E S T M E N T S N L Commanding a Dominant Position • Controls 90% of the Jutson's Rocks Greenstone Belt (JRGB) in Western Australia - 60km strike totalling 675km2 • Strategic acquisition and consolidation though 100% holdings and joint ventures • Modern exploration minimal due to inability to
Slide 8: GNI Title Position - JRGB
I N V E S T M E N T S N L GNI Title Position - JRGB 90% GNI 70% GNI 100% GNI 100% GNI 80% GNI 100% GNI August, 2011 6
Slide 9: Targets
I N V E S T M E N T S N L Targets • Nickel-copper sulphides “Kambalda-style” – associated with komatiites Sudbury/Salay Malay style – associated with gabbro intrusions • Copper-lead-zinc sulphide deposits Volcanogenic deposits associated with intermediate volcanic-sediment sequences • Gold – shear z
Slide 10: Previous Exploration
I N V E S T M E N T S N L Previous Exploration • Various exploration campaigns by a number of companies, mostly dating back to the 70’s, prior to access problems • With the exception of Tasminex, very little follow up of initial results • GNI first company to integrate all of this work: 575 rock sam
Slide 11: Historical Tasminex Core
I N V E S T M E N T S N L Historical Tasminex Core August, 2011 9
Slide 12: New Targets from Previous Exploration
I N V E S T M E N T S N L New Targets from Previous Exploration • Identification of significant geochemical anomalies – many with support from multiple surveys • Copper and nickel: 7 Ni geochemical anomalies 13 Cu anomalies • 2 co-incident Cu-Ni anomalies One Cu anomaly is co-incident with strong VT
Slide 13: Geochemistry Has Tightened in on Targets
I N V E S T M E N T S N L Geochemistry Has Tightened in on Targets Anomalous Gold Anomalous Anomalous Domains Nickel Domains Copper Domains August, 2011 11
Slide 14: GNI Exploration 2010
I N V E S T M E N T S N L GNI Exploration 2010 • Airborne VTEM surveys – Mt Cornell and Jutson’s Rocks and Mt. Venn projects 20+ significant conductors • Drilling of VTEM anomalies – 36 holes for 5482m Generated a number of anomalous mineralised intersections of Cu, Zn and Au in the Mt Cornell area
Slide 15: GNI Exploration 2011 to Date
I N V E S T M E N T S N L GNI Exploration 2011 to Date • Second phase of VTEM – Mt Cornell SW and Mt. Venn Projects (750km) • 10 priority targets Mt. Venn – follow up showed Cu mineralisation over two anomalies. Several targets close to significant Cu-Ni intersections in old Tasminex holes 9 priorit
Slide 16: Priority VTEM Drill Targets Mt. Cornell and Mt. Venn – Second Phase Programme
I N V E S T M E N T S N L Priority VTEM Drill Targets Mt. Cornell and Mt. Venn – Second Phase Programme August, 2011 14
Slide 17: Current Status of Exploration
I N V E S T M E N T S N L Current Status of Exploration • Programme delayed early this year due to rain • This resulted in the postponement of geophysics ground work and geochemical sampling • Which resulted in delays to the submission of the Programme of work (PoW) to the Department of Mines and En
Slide 18: Current Status of Exploration (cont.)
I N V E S T M E N T S N L Current Status of Exploration (cont.) • Infill and additional soil geochemistry to define drill targets will commence as soon as statutory permissions granted. • This work is expected to define new targets with follow up using RAB drilling possibly in late September-October
Slide 19: Price: Rebuilding After Phase 1 Excitement
I N V E S T M E N T S N L Price: Rebuilding After Phase 1 Excitement Fully primed drilling to commence in Phase 2 careful Phase 3 Phase 1 data acquisition exploration excitement Source: ASX August, 2011 17
Slide 20: Competent Persons Statement
I N V E S T M E N T S N L Competent Persons Statement • The information in this presentation 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 Institute of Mining & Metallurgy. Carl Swensson i
Slide 21: Contact Details
I N V E S T M E N T S N L Contact Details Global Nickel Investments NL Head Office: Address: Suite 1901, Level 19 109 Pitt Street Sydney NSW 2000 Phone: +61 2 9225 4050 Website: www.globalnickel.com.au Email: info@globalnickel.com.au August, 2011 19
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