Impact Minerals Limited · ASX:IPT
Impact Minerals — Shareholder Meeting (November 2011)
28 slides from Impact Minerals's shareholder meeting presentation, Nov 22, 2011
Slide 1: 2011 Annual General Meeting Presentation by Managing Director
ASX ANNOUNCEMENT ASX: IPT Date: 22 November 2011 Number: 192/221111 For personal use only 2011 ANNUAL GENERAL MEETING PRESENTATION BY MANAGING DIRECTOR Please find attached a presentation which will be delivered by the Company’s Managing Director, Dr Michael Jones, at today’s 2011 Annual General Mee
Slide 2: Presentation to Shareholders, Annual General Meeting
For personal use only Dr Michael Jones, Managing Director Presentation to Shareholders Annual General Meeting 22 November 2011 The Celtic Club, 48 Ord Street, West Perth
Slide 3: Disclaimer
Disclaimer For personal use only • The review of exploration activities and results contained in this report is based on information compiled by Dr Mike Jones, a Member of the Australian Institute of Geoscientists. Mike Jones is a working Director of Impact Minerals Limited. He has sufficient experi
Slide 4: Corporate Overview
Corporate Overview For personal use only ASX Code: IPT Issued Shares: 117 m Options: 5.1 m Market Cap: $7.9 m (at 6.8 c) Cash: $2.0 m Shares: IVG and TOE: $2.2 m Enterprise Value: $3.6 m Board of Directors Shareholders Non-Executive Chairman Peter Unsworth China Growth Minerals Ltd 10.1% Managing Di
Slide 5: Capital Structure
For personal use only Capital Structure Fully subscribed Total issued shares prior to this Offer 31,800,002 Vendor shares to be issued to vendors of exploration 6,500,000 tenements Shares to issued under this Prospectus 25,000,000 Total Shares on issue at completion of the Offer 63,300,002 Top 50 Sh
Slide 6: Six Key Projects
For personal use only Six Key Projects Quinns Lake: Nowthanna uranium Uranium and Nickel in WA deposit (40%): and Gold in Queensland ~ 1,800 t (4,000,000 lb) U3O8 (Impact share); Yarrabubba (20%): World Class Sudbury style Ni-Cu-PGM deposits; CITIC funding exploration; Junction South (100%): a
Slide 7: Botswana Uranium: 100% IPT
Botswana Uranium: 100% IPT • Located north and south of A-Cap’s For personal use only 250 Mlb* Letlhakane Project; • 30,000 km² with 500 km strike of prospective host rocks; • Potential for calcrete, Karoo and Proterozoic-hosted uranium deposits; Letlhakane • Four discoveries in 2010; 5Mlb Target Mi
Slide 8: Impact in Botswana
Impact in Botswana For personal use only • 2006: discovery of the first uranium deposit in Botswana (A-Cap Resources Ltd); Karoo sandstone and mudstone hosted deposit: now 260 Mlb at 150 ppm U3O8; • 2007: Impact applies for 29,000 sq km of Prospecting Licences. • 2008: Tenements granted; Compilation
Slide 9: Impact in Botswana
Impact in Botswana For personal use only • 2010: Major drill programmes for Karoo-uranium at Lekobolo, Morolane and Mosolotsane: Lekobolo: Target Mineralisation of 4-7 Mlb at a grade of 135 and 180 ppm; Further deposits at Morolane and Mosolotsane; No results at Sua Pan; Discovery of unconformity-st
Slide 10: Impact in Botswana
Impact in Botswana For personal use only • 2011: Focus on southern part of the Licences; Detailed Surface Geology Maps; Further field checking identifies extensive uranium mineralisation in Proterozoic granites (“alaskites”) of the Mahalapye complex; Follow up drilling at Moiyabana for Karoo and Pro
Slide 11: Highlights of 2011
Highlights of 2011 For personal use only Extremely large Uranium and Cu-Ni-PGE Projects in Botswana; Spin out of Queensland gold assets to Invictus Gold Ltd, ASX-listed Jan. 2011; Impact owns 44%; Market Value of $1.6 million Drilling at gold porphyry targets is in progress. Sale of 40% of
Slide 12: Rossing, Husab, Langer Heinrich
Rossing, Husab, Langer Heinrich For personal use only Rossing Husab (Rossing South) 10 km Langer Heinrich The Kalahari sediments of Namibia hid Husab for 35 years 11 11
Slide 13: Botswana: The Uranium Province that was missed
Botswana: The Uranium Province that was missed For personal use only • 1970’s: some prospects identified; _____________________________ • 1979-2006: no exploration; • Sand cover obscures airborne radiometric responses; • Botswana off the radar; _____________________________ KK • 2006 re-discovery of
Slide 14: Discovery of Proterozoic Uranium
Discovery of Proterozoic Uranium For personal use only 13
Slide 15: Encouraging Initial Targets
Encouraging Initial Targets • Field checking and airborne radiometric data identified For personal use only numerous targets in Proterozoic rocks • Initial drilling identified intense and widespread uranium mineralisation and alteration in both Proterozoic sedimentary rocks and granite at 3 prospect
Slide 16: The Athabasca-Pine Creek Model
The Athabasca-Pine Creek Model 1. Sediment-fault- 2. Subhorizontal 3. Palaeovalley, For personal use only basement intersect, elongate, polymetallic; monometallic; eg Key polymetallic; eg Cigar Lake Lake 15
Slide 17: Proterozoic: Unconformity-Related
Proterozoic: Unconformity-Related For personal use only Sediment-hosted Proterozoic unconformable on fertile granite-gneiss basement; Anomalous uranium up to 100 ppm eU3O8 in Palapye Kodibeleng Area Group conglomerates and sandstones in many places throughout a 60 km by 60 km area; Widespread
Slide 18: Moiyabana Prospect: Proterozoic basement
Moiyabana Prospect: Proterozoic basement For personal use only • Large airborne anomaly up to 3 km x 1 km in size; • Surface readings up to 470 ppm U3O8 • Thick drill intercepts in basement Mahalapye Complex: – 16 m @ 115 ppm – 4.2 m @320 ppm (in chlorite schist shear zone) • Trace and REO signature
Slide 19: Proterozoic Granite-hosted Uranium
Proterozoic Granite-hosted Uranium • Recent recognition of extensive uranium mineralisation in granite For personal use only rocks; also not previously reported in Botswana; • Very similar to alaskite-hosted mineralisation at Rossing and Husab (but older); • Extensive and large airborne radiometric
Slide 20: A Plethora of Targets
A Plethora of Targets For personal use only 19
Slide 21: Ikongwe and Shosong: calcrete channels
Ikongwe and Shosong: calcrete channels For personal use only • Soil survey identifies at least 8 large targets for further work • Open to north • Field checking & further soil surveys planned • Drill testing later in 2011 Comparisons: Langer Heinrich: 80,000 t U3O8 Yeelirrie, W.A: 56,000 t U3O8 20
Slide 22: 2011 Drill Programme
2011 Drill Programme • Drilling at Red Hill to test for Proterozoic Athabasca- For personal use only style uranium; • Drilling at Moiyabana for Karoo-hosted and underlying Proterozoic basement-hosted uranium; • Drilling at Mogome for Rossing-style mineralisation; • Results pending; • Drilling of soi
Slide 23: Xade JV: Copper-nickel-PGE
Xade JV: Copper-nickel-PGE • JV to earn into For personal use only 11,000 km² project owned by private company; • Impact to spend a further $1m to earn 51%; • Generated as part of Impala Alliance and now IPT-only; • Very large aeromagnetic and gravity feature • 2 important diamond drill holes inters
Slide 24: Regional Intrusion-Related Cu-Ni-PGE
Regional Intrusion-Related Cu-Ni-PGE On same Craton as For personal use only Bushveld and Great Dyke – 300 km 80% of World’s PGE; Similar size to half the Bushveld Complex;
Slide 25: Xade Complex: Magnetic image
Xade Complex: Magnetic image For personal use only • Few igneous complexes of this size (>260 x 180 km); • Feeder dyke zone identified – potential for richer zone; • Impala Alliance funded 320m of core assays. 24
Slide 26: Xade Complex: Rift Model
Xade Complex: Rift Model For personal use only TARGET AREA 25
Slide 27: Analogue: Duluth Complex
Analogue: Duluth Complex For personal use only North Target Area: Possible Feeder and a Lobe Xade Duluth •Nokomis Deposit: 550 Mt @ 0.64% Cu + 0.2% Ni + 0.6 g/t PGE/Au; •Rio Tinto’s Eagle: 3.6 Mt at 3.5% Ni + 2.9% Cu; •Magma Metals Thunder Bay North: 8 Mt @ 2.3 g/t Pt equivalent (Pt + Pd + Ni + Cu)
Slide 28: Well Positioned for a Major Discovery
Well Positioned for a Major Discovery For personal use only World Class potential for both Cu-Ni-PGE and Uranium; A new large and fertile Proterozoic Uranium Province; Multiple uranium target styles in ~25,000 sq km; Results imminent: follow up work required; Botswana politically and legislative
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