Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — Shareholder Meeting (November 2020)
18 slides from Zenith Minerals's shareholder meeting presentation, Nov 25, 2020
Slide 1: Investor Presentation AGM 25 Nov 2020
INVESTOR For personal use only P R E S E N TAT I O N A G M 2 5 th N o v 2 0 2 0 Focused Exploration on Core Gold & Copper Projects
Slide 2: Why Zenith?
Why Zenith? For personal use only 1. Our Strategy - very focused on precious and base metals 2. Very active on 3 Gold & 1 Copper Project in Australia – drilling 3 projects this quarter 3. Gold projects are in Tier 1 regions that have proven multi-million ounce historic and current gold endowment 4.
Slide 3: Corporate Structure
Corporate Structure For personal use only Share Price Capital Structure ASX:ZNC Source: CommSec.com.au Share Price (20 Nov 20) $0.13 Shares on Issue - ZNC fully paid ordinary 294.4m Market Capitalisation $37m Cash (30 Sep 20) $5.0m Listed Equities 4.1m RTR Shares (30 Sep 20) $0.7m Contact Details: M
Slide 4: Our most active Projects
Our most active Projects For personal use only 1. Red Mountain Gold Project – Queensland (100% owned) • High-grade near surface gold & silver in Zenith’s maiden drill campaign 1 - drilling continuing • 13m @ 8.0 g/t Au incl 6m @ 16.7 g/t Au from surface • 15m @ 3.5 g/t Au, 2m @ 8.0 g/t Au & 109.4 g/
Slide 5: Queensland Project Locations
Queensland Project Locations For personal use only 15 Moz Au Gold Region1 Red Mountain Gold Project (100% ZNC) Flanagans Gold Project (100% ZNC) – to be further advanced in early 2021 Develin Creek Copper Zinc Project (100% ZNC) >15m oz Au gold district. Located b/w Cracow (2Moz), Mt Rawdon (2.5Moz)
Slide 6: Red Mountain Gold
Ownership: 100% Location: QLD Red Mountain Gold Commodity: Gold & Silver Stage: Prospect For personal use only Discovery History1 • 1200m long high-order gold anomaly: soils 2.2g/t Au, 1.6 g/t Au, 1.3 g/t Au, 0.56 g/t Au, • Gold in rocks to 2.0 g/t Au & 114 g/t Ag (silver); • Previously unknown volc
Slide 7: Maiden Drill Results
Maiden Drill Results For personal use only Results awaited Results awaited Long Section - Red Mountain Western Zone High-Grade Gold with Gold Metal Content Contours Next Step: Diamond drilling ZNC ASX Releases 17 Jun 2020 3 Aug 2020 Red Mountain Plan with West Zone High-Grade 24 Aug 2020 19 Oct 2020
Slide 8: Red Mountain Gold: Mt Wright Analogy
Red Mountain Gold Mt Wright Analogy For personal use only Zenith’s Red Mountain gold mineralisation like that at the Mount Wright gold mine
Slide 9: Split Rocks Gold
Ownership: 100% Location: WA Split Rocks Gold Commodity: Gold & Lithium Stage: Drilling For personal use only >10Moz Au gold district 650 sq km of tenure, most licences 100% owned 18 targets defined over 18km strike extent First large anomaly now being RC tested Located halfway between Perth & Kalgo
Slide 10: Split Rocks Gold
Figure 2 Split Rocks Gold For personal use only Recent ZNC results2: Dulcie Laterite Pit • 16m @ 3.7 g/t Au • 18m @ 2.0 g/t Au (eoh) • 10m @ 1.8 g/t Au • 2m @ 14.5 /t Au • 4m @ 2.7 g/t Au • 8m @ 1.1 g/t Au • 4m @ 1.7 g/t Au • 16m @ 0.8 g/t Au (eoh) • 14m @ 0.9 g/t Au (eoh) Value Generation Dulcie No
Slide 11: 2km long drill target
2km long target For personal use only Area of Initial RC Drill Test Next Steps: 2km long drill target – RC drill test Nov 2020
Slide 12: Jackadgery Gold Project
Jackadgery Gold Project For personal use only Jackadgery Gold Project - Location Jackadgery Project – Target Summary (Zenith planned drill hole locations are subject to final design, access & permitting) Next Steps: Permitting for maiden drill test Q1 2021 Historic Trench 160m @ 1.2 g/t Au ZNC ASX R
Slide 13: Develin Creek Copper
Develin Creek Copper For personal use only • 100% owned VMS copper – zinc play • 2.57Mt @ 1.76% copper, 2.01% zinc, 0.24g/t gold and 9.6g/t silver (2.62% CuEq)1 • Control of 50km of prospective host sequences • New Snook copper prospect identified - high- grade surface results to 7.6% copper2 • Maid
Slide 14: Partner Funded Projects
Partner Funded Projects Kavaklitepe Gold Project – Turkey For personal use only • ZNC ~20% equity • Shale & schist hosted gold mineralisation • High-grade JV gold drill results highly encouraging1: • 20m @ 15.6 g/t Au, • 16m @ 4.7 g/t Au, • 21m @ 3.29 g/t Au, • 14m @ 6.09 g/t Au, • 16m @ 4.7 g/t and
Slide 15: Newsflow
Newsflow For personal use only Red Mountain Gold Project – Queensland (100%) Drilling now RC / DD drilling continuing Split Rocks Project Gold - Western Australia (100%) Drilling Nov Board has approved major RC drill program to test 2km long target Develin Creek Copper Zinc Project – Queensland (100
Slide 16: Zenith's pathway to value
Z e n i t h ’s p a t h w a y t o v a l u e For personal use only Assets of Right Team scale & relevance Value Generation Sufficient Capital
Slide 17: Disclaimer & JORC Statements
Disclaimer & JORC Statements Forward looking statements For personal use only Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties that could cause actual results to differ from estimated results. Forward-lookin
Slide 18: www.zenithminerals.com.au
For personal use only www.zenithminerals.com.au
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