Dart Mining Nl · ASX:DTM
Dart Mining Nl — Corporate Update (July 2013)
30 slides from Dart Mining Nl's corporate update, Aug 1, 2013
Slide 1: Corryong Community Meeting
For personal use only Corryong Community Meeting 31 July 2012 Lindsay Ward ASX : DTM Managing Director July 2013 1
Slide 2: Disclaimer
For personal use only DISCLAIMER The information contained in this document is disclosed to you by Dart Mining NL (ACN 119 904 880) (the "Company"). Nothing in this document shall form the basis of any contract or commitment, or constitutes investment, financial product, legal, tax or other advice.
Slide 3: DTM Cashed Up + Moving Forward
DTM CASHED UP + MOVING FORWARD For personal use only Cash ~$6.2M1 with burn rate ~$240,000 / month PLUS $4.7M 2nd Red Kite Tranche2 PLUS FY13 R&D refund Vic. Govt re-affirming it’s commitment to resource development Single contact point, project facilitation, statutory timeframes Strategy 1 – Progre
Slide 4: DTM Investment Highlights
For personal use only DTM INVESTMENT HIGHLIGHTS • Unicorn deposit – potentially a long life Mo + Cu + Ag porphyry mine • Red Kite (US metal merchant) invests upto A$10M – detailed due diligence • Prefeasibility underway – fully funded, as is regional exploration • High grade from surface – very low
Slide 5: About RK Mine Finance – Red Kite
ABOUT RK MINE FINANCE – RED KITE • RK Mine Finance specializes in providing development, acquisition and bridge For personal use only financing to miners of precious & non-ferrous metal (www.RKMineFinance.com) • Red Kite Group – ~$3.5B under management1 (~$1.7B mine finance exclusively) • Large glob
Slide 6: High Grade Zones Continue at Depth
HIGH GRADE ZONES CONTINUE AT DEPTH For personal use only Additional Rhyolitic Pulse showing UST - Pulse centre to the east of drilling. Coarse visible Mo within radial veins showing strong Potassic alteration halos. 6
Slide 7: Scoping Study Production Parameters
SCOPING STUDY PRODUCTION PARAMETERS • Initially open cut mine – potential to move to underground For personal use only • Residential mine within Corryong Community – not fly in fly out • High grade from surface and outcrops – very low strip ratio • Clear / Mine / Crush / Float / Tailings – simple se
Slide 8: Pre-Feasibility Study Partners
PRE-FEASIBILITY STUDY PARTNERS Ecology & Cultural Heritage - Biosis Environmental and Approvals - For personal use only are expert consultants in the field of GHD are a longstanding Global Environmental, Ecology (fauna & flora) consultancy firm specialising in and Cultural Heritage Management Enviro
Slide 9: Indicative Pathway to Production
For personal use only INDICATIVE PATHWAY TO PRODUCTION 1Unicorn is not in production and there is no certainty that the pathway to production will occur
Slide 10: Employment Opportunities
EMPLOYMENT OPPORTUNITIES • Approximately 85 full time jobs when in operation For personal use only Trades, equipment & plant operators, supervisors and warehousing Geology, mining, processing, metallurgy, surveying, accounting Only essential employees onsite - other staff based in Corryong N
Slide 11: Environmental Effects Statement
For personal use only ENVIRONMENTAL EFFECTS STATEMENT • In Victoria, environmental assessment of the potential environmental impacts or effects of a proposed development may be required under the Environmental Effects Act 1978 • When a proposed project could potentially have significant environmenta
Slide 12: What Is Included in an EES?
For personal use only WHAT IS INCLUDED IN AN EES? • A description of the proposed development • An outline of public and stakeholder consultation • A description of the existing environment that may be affected • Predictions of significant environmental effects of the project • Proposed measures to
Slide 13: Studies Likely to Be Completed
For personal use only STUDIES LIKELY TO BE COMPLETED • Risk assessment • Cultural heritage • Soils and geochemistry • Air quality • Surface water, flooding and • Noise and vibration drainage • Visual • Biodiversity and habitat • Social and economic • Groundwater • Road, traffic and transport • Water
Slide 14: Community Involvement
For personal use only COMMUNITY INVOLVEMENT • Dart Mining is committed to involving the community in the EES process • Dart Mining will further develop their Consultation Plan to inform individuals and groups who could be affected and provide opportunities for input • Consultation will help Dart Min
Slide 15: Ecological Assessment - Biosis
For personal use only ECOLOGICAL ASSESSMENT - BIOSIS • Biosis Wangaratta office is managing the Ecological and Cultural Heritage aspects of the Prefeasibility Study for Dart Mining • Biosis provide expert consulting services in ecology and cultural heritage. They are industry leaders and have 30 yea
Slide 16: Key Legislation & Government Policy
KEY LEGISLATION & GOVERNMENT POLICY • Commonwealth Environment Protection and Biodiversity For personal use only Conservation Act 1999 (EPBC Act) • Victorian Flora and Fauna Guarantee Act 1988 (FFG Act) • Victorian Environmental Effects Act 1978 • Victorian Planning and Environment Act 1987 (includi
Slide 17: Survey Aims and Methodology
For personal use only SURVEY AIMS AND METHODOLOGY • Database searches to determine potential for listed species and communities • General field survey (collecting lists of species, assessing vegetation, habitat type and quality) • Map suitable habitat for listed flora species (survey during spring f
Slide 18: Field Survey Results - Fauna
FIELD SURVEY RESULTS - FAUNA For personal use only • Majority of fauna habitat types within the study area are common and widespread in the region (drier forests and woodlands) • Most of the fauna species detected during survey are common, and typical of the habitat types present • White-footed Dunn
Slide 19: Some Fauna Species Identified
SOME FAUNA SPECIES IDENTIFIED Black Feral For personal use only Wallaby Cat DRILL RIG Long-nosed White- Bandicoot Winged Chough Eastern Superb Yellow Lyrebird Robin 19
Slide 20: Field Survey Results - Flora
For personal use only FIELD SURVEY RESULTS - FLORA • The majority of the vegetation types within the investigation area are common widespread, and have a conservation status of ‘least concern’ • The investigation area may contain two species listed under the EPBC and FFG Acts (Purple Eyebright and A
Slide 21: Ecological Assessment - Summary
For personal use only ECOLOGICAL ASSESSMENT - SUMMARY • Preliminary flora and fauna findings are being reviewed by the regulatory authorities • Further survey’s will be undertaken in spring • Cultural heritage studies will be undertaken in 2014 • Biosis will provide ongoing objective advice to ensur
Slide 22: Tailings Storage Options
For personal use only TAILINGS STORAGE OPTIONS • ATC Williams (specialist tailings engineers) retained to develop a tailings and water management solution for Unicorn • Five tailings storage options investigated Teapot Creek - adjacent to Mt Unicorn Bunroy Creek - located south-east of Mt Unicor
Slide 23: Tailings Site Selection Parameters
For personal use only TAILINGS SITE SELECTION PARAMETERS • Potential to store life of mine tailings production (200Mt) • High storage efficiency - ratio of storage volume to wall height • Community, cultural heritage and societal considerations • Site vegetation and current land use • Tailings disch
Slide 24: Tailings Storage Options
TAILINGS STORAGE OPTIONS For personal use only 24
Slide 25: Proposed Tailings Storage Site
For personal use only PROPOSED TAILINGS STORAGE SITE 25
Slide 26: Bull Paddock Creek - Preferred Site
For personal use only BULL PADDOCK CREEK - PREFERRED SITE • Efficient site in terms of ratio of wall height to storage volume • Relatively isolated location with minimal visual impact • Low grade regrowth forest rather than prime agricultural land • No known cultural heritage constraints – detailed
Slide 27: Bull Paddock Creek - Preferred Site
For personal use only BULL PADDOCK CREEK - PREFERRED SITE • Tailings dam will block run off from Bull Paddock creek • It will be a NIL DISCHARGE Tailings dam ie no runoff from tailings into Thowgla creek • Investigating the viability of diverting part of the southern Bull Paddock creek catchment to
Slide 28: Summary and Key Take Aways
For personal use only SUMMARY AND KEY TAKE AWAYS • Unicorn deposit – potentially a long life Mo + Cu + Ag porphyry mine • Red Kite investing up to A$10M into Unicorn – detailed due diligence • Prefeasibility underway – fully funded, with cash at bank $6.2M1 • Approvals process has commenced – EES re
Slide 29: Further Disclaimer
FURTHER DISCLAIMER Economic Potential For personal use only The Unicorn project remains at an early stage of planning and assessment and there are risks associated with the estimates of key parameters (including but not limited to further metallurgical test work to advance mineral processing design
Slide 30: Competent Person Statement
9 For personal use only Competent Person Statement Information in this report that relates to a statement of Exploration Results and Mineral Resources of the Company is based on information compiled by Dean Turnbull B.App.Sc.(Geol) Hons. M. AIG. Mr Turnbull is a Director and full time employee of Da