Yari Minerals Limited · ASX:YAR
Yari Minerals — Shareholder Meeting (May 2021)
14 slides from Yari Minerals's shareholder meeting presentation, May 14, 2021
Slide 1: Annual General Meeting Presentation
ANNUAL GENERAL MEETING PRESENTATION MAY 2021 consolidatedzinc.com.au |
Slide 2: Important Information
IMPORTANT INFORMATION FORWARD-LOOKING STATEMENTS AND INFORMATION There is a low level of geological confidence associated with Inferred Mineral Resources and there is no certainty that further exploration work will result in the determination of indicated This report contains forward looking stateme
Slide 3: CZL Corporate Overview
CZL CORPORATE OVERVIEW CAPITAL STRUCTURE Share price A$0.042 Market Capitalisation A$12.3M 100% CONSOLIDATED ZINC LTD Shares on Issue 293,857,802 Quoted Options on Issue 68,118,999 Unquoted Options/Performance Rights 7,783,331 Cash, Receivables & Inventory (31/3/2021) US$3.8M Debt (31/3/2021) US$0.1
Slide 4: Plomosas Mine, Mexico
PLOMOSAS MINE, MEXICO consolidatedzinc.com.au |
Slide 5: Plomosas - Milestones to Full Control of Production
PLOMOSAS - MILESTONES TO FULL CONTROL OF PRODUCTION July 2018 2021 Plomosas mine 2021 TARGET recommissioning April - Plomosas Plant expansion to approved Plant first production 6,000 tpm September 2020 Contract mining commenced December 2019 January 90% ownership of Owner mining commenced Plomosas M
Slide 6: Plant Refurbishment Completed
PLOMOSAS PLANT REFURBISHMENT COMPLETED • Plant refurbishment completed within budget • First production: Thursday afternoon 14 April 2021 • Tailings storage facility operating as expected • Plant consistently operating at or above 100tpd, production being ramped up consolidatedzinc.com.au | 6
Slide 7: Plomosas Plant - Operating Above Design
PLOMOSAS PLANT – OPERATING ABOVE DESIGN • Plant commissioning 14 April to 30 April • 30 April plant run at design production for 10 hours • Constant mine water quality stabilises reagent consumption and plant performance • Plomosas plant production will be stepped up on a weekly basis to establish t
Slide 8: Plomosas Mine Operations
PLOMOSAS MINE OPERATIONS • Current production rates average 100 tpd, targeting 200 tpd • Current ore stockpiles exceed 3,000t (~US$1.2M NRV), plan to reduce by end Q2, 2021 • Pumping rates set to reach target water level depth by November 2021 • Mine infrastructure renewed with new pumps to be insta
Slide 9: Plomosas Mine Planning
PLOMOSAS MINE PLANNING Depth extension to L10 Untested awaits dewatering L7 to access for resource definition across the mineralised units Depth extension above L10 Mineralised block at +25% zinc TA Requires drill testing Targeted for mining 2022 Down dip extension hosts a Mineralised block at +22%
Slide 10: Exploration - Base Metal and Gold
EXPLORATION - BASE METAL AND GOLD Base Metal Exploration • Recent surface mapping has resulted in a rethink of the orientation of the base metals north of the current mineralised blocks • Targets generated along strike and down dip • Exploration planned for 2021 to replace depleted resources Gold ex
Slide 11: Mine Sequence Base Metal Exploration Targets
MINE SEQUENCE BASE METAL EXPLORATION TARGETS STRATIGRAPHY OF MINE MINERALISED SEQUENCE MINE SEQUENCE WITHIN TENEMENTS SHOWING PROSPECTIVE (BLUE SHOWS IDENTIFIED CARBONATE UNITS) STRATIGRAPHY, STRUCTURES AND TARGETS. consolidatedzinc.com.au | 11
Slide 12: JORC (2012) Mineral Resource as Depleted December 2020
JORC (2012) MINERAL RESOURCE AS DEPLETED DECEMBER 2020 Indicated Mineral Resource Prospect Tonnes %Zn %Pb g/t Ag Zn tonnes Pb tonnes Ag oz Level 7 72,000 19.4 9.3 57.0 14,000 6,700 132,600 Tres Amigos 42,000 7.7 2.3 12.0 3,300 1,000 16,200 Tres Amigos North 38,000 7.8 3.6 13.1 2,900 1,400 15,800 Sub
Slide 13: Social Responsibility in Action
SOCIAL RESPONSIBILITY IN ACTION Providing water to long-term residents in Chihuahua Desert Assisting with waste management for local community Falomir Maintaining the access road Sustainable projects with Falomir mayor Supporting local ranchers CZL IS WORKING WITH LOCAL GOVERNMENT TO BENEFIT THE COM
Slide 14: consolidatedzinc.com.au
~— Cheonsounstenzncua ©) CONSOLIDATEDZINC LTD