Nt Minerals Limited · ASX:NTM
Nt Minerals — Investor Presentation (October 2020)
22 slides from Nt Minerals's investor presentation, Oct 13, 2020
Slide 1: Growth Through Exploration
Growth Through Exploration Diggers and Dealers Investor Presentation October 2020
Slide 2: Disclaimer
Disclaimer Disclaimer The information in this document has been prepared as of September 2020. The document is for information purposes only and has been extracted entirely from documents prior materials publicly filed with the Australian Securities Exchange and/or the Australian Securities and Inve
Slide 3: Corporate Snapshot
Corporate Snapshot Capital Structure (ASX:NTM) Major Shareholders Share price (cob 12/10/20) $/sh 0.12 Board, 5.7% Shares on Issue (m) 683.9m DGO, 13.6% Unlisted Options (March 2022, 10c) (m) 60.0m Remainder, Market Capitalisation (A$m) $82.1m 51.8% Empire Resources Cash (31 Sep 2020) (A$m) $5.0m Gr
Slide 4: Directors & Management
Directors & Management Board of Directors • Prominent Perth businessman with 40 years’ experience in management. Extensive knowledge of the capital markets and has well-established Edward Van Heemst mining industry networks. Currently the Managing Director of Vanguard Press, a non-executive Director
Slide 5: Redcliffe Gold Project
Redcliffe Gold Project 5
Slide 6: Project Overview
Project Overview Redcliffe Gold Project (100% NTM): • +720km2 of highly prospective ground • 679koz1 resource with substantial upside & large areas untested • Exploration Target of 1.4Moz to 2.2Moz2 (including existing Resource) • Maiden Hub Resource of 141koz @ 4.9g/t1 • High grade oxide mineralisa
Slide 7: Mertondale Shear
Mertondale Shear • NTM owns 100% of the Redcliffe Gold Project - centred on the highly prospective Mertondale Shear Zone – Mertondale Shear Zone (MSZ) is a major gold-rich fluid pathway – Multiple deposits discovered to date • Almost 40km strike within the Redcliffe Project, containing key prospects
Slide 8: Ineffective Historic Exploration
Ineffective Historic Exploration All drilling N • Historic exploration at Redcliffe has been limited to shallow depths GTS Bindy Hub Nambi Aliso (predominantly less than 50m) • Large areas remain untested Kelly • As evidenced by the Hub discovery, c.40km significant potential remains to Drilling dee
Slide 9: Hub: High Grade Growth Prospect
Hub: High Grade Growth Prospect • Discovered October 2018 via aircore drilling • High grade oxide close to surface • Maiden Mineral Resource Estimate: – 890.3kt @ 4.9 g/t Au for 141koz Au1 • Oxide component is 43koz @ 6.6g/t to 80m depth • Open at depth and along strike N Hub 1: See Appendix I for R
Slide 10: Hub: Testing Extensions Now
Hub: Testing Extensions Now 10
Slide 11: Hub: Preliminary Met Testwork
Hub: Preliminary Met Testwork • Initial cyanide leach work using LeachWell process averaged 96.2% recovery: Diamond core from 20RDD001: 0.2m @ 468g/t from 61.9m o Oxide – 97.3% o Transitional – 96.5% o Fresh – 94.1% • Can be treated by normal cyanidation methods (i.e. not refractory) • High grades n
Slide 12: Hub & GTS Resources
Hub & GTS Resources Indicated and Inferred JORC Resource at 0.5g/t lower cut off1 Oxide Transitional Fresh Total Deposit kT g/t Au kOz Au kT g/t Au kOz Au kT g/t Au kOz Au kT g/t Au kOz Au Hub (2020) 201.8 6.6 42.9 133.1 4.1 17.7 555.4 4.5 80.2 890.3 4.9 140.8 GTS (2018) 456.9 2.2 31.7 452.3 1.9 27.
Slide 13: Current Exploration
Current Exploration • Mineralisation along entire strike of Redcliffe tenements • Aircore Completed: – Following up historic hits, structures and conceptual targets • Diamond & RC drilling underway: – Extensions to Hub & GTS deposits – Gully area • All deposits still open N GTS Aliso Hub Deposits Pr
Slide 14: GTS Deposit
GTS Deposit N • 138koz Resource1 • Still open • Drilling shortly GTS 1: See Appendix I for Resource Statement 14
Slide 15: Bindy Deposit
Bindy Deposit N • 99koz Resource1 Bindy • Still open • Requires more drilling 1: See Appendix I for Resource Statement 15
Slide 16: Wells Group Acquisition
Wells Group Acquisition • Large area of 426km2 • More than doubles NTM’s land position to +720km2 • Very prospective with little historic exploration • Contains northern extent of Mertondale Shear Zone • Crosscut by multiple regional structures • Early stage greenfield’s opportunity • Multiple targe
Slide 17: Strategic Value
Strategic Value • NTM’s strategy is to build economic gold resources via exploration • Increasing resource scale will enhance value and scope for project monetisation • Significantly, there are four processing plants in the region providing: – Potential demand for more (oxide) ore – Regional consoli
Slide 18: Summary
Summary Outstanding Region • Gold rich area, highly prospective • Significant infrastructure 679koz1 Resource with Substantial Upside • High grade oxide mineralisation close to surface at Hub & GTS • All deposits open Strategic Location Provides Opportunities • Close proximity to four large gold ope
Slide 19: Appendix I: JORC Resource
Appendix I: JORC Resource Redcliffe Gold Project JORC Resource at 0.5g/t lower cut off1 Indicated Inferred Total Deposit kT g/t Au kOz Au kT g/t Au kOz Au kT g/t Au kOz Au Hub (2020) 890.3 4.9 140.8 890.3 4.9 140.8 GTS (2018) 1,050.7 1.9 65.2 1,785.6 1.3 73.1 2,836.3 1.5 138.4 Kelly (2018) 3,065.9 0
Slide 20: Appendix II: Exploration Target
Appendix II: Exploration Target • Independent assessment of Redcliffe Gold Project1 – Prepared by Dr James Lally Low 14.38 Mt @ 1.8g/t for 0.84Moz High 21.55 Mt @ 2.5g/t for 1.70Moz Excludes current resource of: 13.42 Mt @ 1.6g/t for 0.68Moz2 Note: The upper and lower grades of the Exploration Targe
Slide 21: Appendix III: Recent Announcements Pertaining to Exploration
Appendix III Recent Announcements Pertaining to Exploration 21-September-2020 Hub Extension Program Intersects Further High Grades 1-September-2020 High Grade Gold Confirms Southern Extension at Hub 12-August-2020 Extensional Drilling Underway 12-May-2020 Maiden Hub Resource of 141koz 27-April-2020
Slide 22: Contacts
Contacts Andrew Muir Managing Director Email: amuir@ntmgold.com.au Phone: +61 8 9481 6666