Zinc Of Ireland Nl · ASX:ZMI
Zinc Of Ireland Nl — Investor Presentation (2019)
23 slides from Zinc Of Ireland Nl's investor presentation, 2019
Slide 1: Building on a Historic Discovery
ASX Code: ZMI BUILDING ON A HISTORIC DISCOVERY The Kildare Zinc Project – On the Pathway to Development
Slide 2: Disclaimer
Disclaimer The following disclaimer applies to this presentation and any information provided regarding the information contained in this presentation. You are advised to read this disclaimer carefully before reading or making any other use of this presentation or any information contained in this p
Slide 3: Competent Person's Statements
Competent Person’s Statements The information in this report that relates to exploration results is based on information compiled by Mr. Sean Hasson, a Competent Person who is a Member of the Australian Institute of Geoscientists. Mr. Hasson is Zinc of Ireland NL’s Exploration Manager. Mr. Hasson ha
Slide 4: The Project, Team and Plan to Progress Development
The Project, Team and Plan to Progress Development • Located within a mature mining district with excellent infrastructure. • Targeting resource addition around currently defined zinc resources. • Significant exploration upside; 7,500m of drilling planned for 2019 focusing on discovering additional
Slide 5: Corporate Overview
Corporate Overview TICKER SHARES ON ISSUE OPTIONS ON ISSUE MARKET CAPITALISATION CASH AT BANK ASX: ZMI 121.5 million 82 million ~A$12 million ~A$4.3 million Positioned with a strong share Board & register including significant insider & Related Parties institutional ownership; fully funded (13%) 201
Slide 6: Experienced and Proven Board of Directors
Experienced and Proven Board of Directors Richard Monti Patrick Corr Julian Barnes Adrian Goldstone Thomas Corr Chairman Executive Director Non Executive Director Non Executive Director Non Executive Director Corporate geologist with Corporate lawyer with Geologist with over 37 In excess of 35 years
Slide 7: Active in the World's Most Prospective Zinc Region
Active in the World’s Most Prospective Zinc Region IRELAND IS RANKED FIRST IN THE WORLD FOR ZINC DISCOVERED PER KM2 • 50 years of exploration has resulted in the discovery of >25 deposits containing +20Mt of Zn metal. • Majors presently exploring and mining; Boliden, Teck & Glencore. Year of Grade %
Slide 8: Ireland - A Place Where Zinc Mines are Built
Ireland - A Place Where Zinc Mines are Built • Established mining industry. • Home to Boliden’s Tara mine; Europe’s largest Zn mine in operation since 1977. • Grid power, roads, railways & ports. • Modest cost profiles, skilled local workforce. • Numerous smelters within Europe. • 25% corporate tax
Slide 9: The Kildare Project
The Kildare Project ~240KM2 WITHIN THE RATHDOWNEY TREND • ZMI owns a large (~240km2), contiguous and prospective land package within the well-endowed Rathdowney Trend. • The Rathdowney Trend has to date produced two profitable zinc mines: Lisheen and Galmoy. • ZMI is focused on exploring the Allenwo
Slide 10: The Allenwood Graben
The Allenwood Graben KEY ATTRIBUTES OF IRISH-TYPE Zn-Pb DEPOSITS • Carbonate-hosted Zn-Pb deposits are stratigraphically and Carbonate-rock structurally controlled. Sequence • Hosted primarily within the Waulsortian Limestone Formation. (Hanging wall) • Occur largely in the complexly faulted hanging
Slide 11: The Allenwood Graben: Historic Exploration
The Allenwood Graben: Historic Exploration • Well-constrained exploration search area. • <20% of all drilling has actually tested the prospective ‘base of Allenwood reef’ position within the Allenwood Graben. McGregor • Historic exploration has been Celtic Tiger skewed towards PL 4069 which Shamrock
Slide 12: The Allenwood Graben: Stratigraphy and Mineralisation
The Allenwood Graben: Stratigraphy and Mineralisation Allenwood Beds Upper Zone • Extremely well-preserved ~340Ma hydrothermal system with ~400m Mineralisation Zn-Pb mineralisation developed over a ~400m vertical extent. Waulsortian Reef • Favourably, the supra-reef rocks (Allenwood Beds) in the Kil
Slide 13: The Allenwood Graben: Bedrock Zn Geochemistry
The Allenwood Graben: Bedrock Zn Geochemistry • Due to the extensive presence of glacial till (overburden/cover) across the project area, ‘top of bedrock’ drill sampling was employed historically. • ~1,500 ‘top of bedrock’ samples have been collected through time with better coverage (drill spacing)
Slide 14: The Allenwood Graben: Selected Drill Intersections by Style & Location
The Allenwood Graben: Selected Drill Intersections by Style & Location Upper Zone Hole ID From Length Zn Pb Zn+Pb Zone Min. Style Mineralisation <6% Zn+Pb% (m) (m) (%) (%) (%) cut-off A 1629_66* 135 5 8 1 9 Allenwood Upper Zone B RHB_19* 32 19 13 2 15 McGregor Upper Zone C RHB_02* 38 18 11 4 15 Sham
Slide 15: The Allenwood Graben: The Exploration Model
The Allenwood Graben: The Exploration Model Supra-reef: Upper pelsparite Supra-reef Micrite Supra-reef: Basal pelsparite Metal rich and slightly Waulsortian reef: acidic hydrothermal Stromatactic limestone fluid derived from basement are channeled up pre- and Sub-reef: syn-sedimentary faults Bioclas
Slide 16: The Allenwood Graben: The Structural Model
The Allenwood Graben: The Structural Model • A large asymmetric half graben. • Major basin-bounding normal fault on the eastern margin with subparallel, subsidiary normal faults within the basin. • Stratigraphy generally dips 10-20° to the east. • Internal fault fabric compartmentalised by transfer
Slide 17: The Allenwood Graben: 2019 Exploration Programme
The Allenwood Graben: 2019 Exploration Programme • ZMI have planned a comprehensive and staged exploration programme within the Allenwood Graben during 2019. Objective 1: • Targeting resource addition at McGregor and Shamrock. Objective 2: • A staged exploration programme within the Allenwood Graben
Slide 18: Additional Activities During 2019
Additional Activities During 2019 Metallurgical Testwork • Confirmatory test work programme in process. • McGregor ‘base of reef’ mineralisation; 50kg metallurgical composite core sample @ 11.6% Zn, 2.2% Pb. • Results expected late Q1. Resource Review • Based on additional drilling and sampling sinc
Slide 19: Reasons to Invest
Reasons to Invest • EXISTING DEFINED ZINC RESOURCE – reduces the exploration target threshold. • STAGED EXPLORATION DRILLING – based on the newly-defined exploration and structural models. • PROJECT DE-RISKING – parallel activities to reduce study timeframes. • PROVEN BOARD AND MANAGEMENT – operatio
Slide 20: Appendix: Additional Technical & Corporate Slides
Appendix Additional Technical & Corporate Slides 20
Slide 21: Additional Corporate Information
Additional Corporate Information PRE-CONSOLIDATION CAPITAL STRUCTURE • Post-Consolidation the exercise prices of each of the options will be Shares 2,430,695,208 increased by 20, such that there are options exercisable from 30c to $1.20. The number of options will decrease by 20. • Additional inform
Slide 22: Zinc, the World's Fourth Most Consumed Metal
Zinc, the World’s Fourth Most Consumed Metal DEMAND FUNDAMENTALS REMAIN STRONG – 10 YEAR OUTLOOK • Global demand forecast to grow by 2% annually • Consumption dominated by China and growing living standards • 2028 consumption forecast – 17.5Mt of zinc metal • 287,000t additional metal per annum requ
Slide 23: Break-up and brecciation of massive colloform sulfide
Break-up and brecciation of massive colloform sulfide by late infill of grey to white manganocalcite. Sphalerite Galena ~6.4cm DDH Z-4069-027: McGregor zone, base of Waulsortian reef (HQ half core); 16m @ 22% Zn+Pb 23