Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — Shareholder Meeting (November 2014)
20 slides from Zenith Minerals's shareholder meeting presentation, Nov 21, 2014
Slide 1: Zenith Minerals Limited Investor Update November 2014
Zenith Minerals Limited For personal use only ABN 96 119 397 938 Investor Update November 2014 Mick Clifford – Managing Director
Slide 2: Disclaimer
Disclaimer For personal use only Forward looking statements 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-looking statements inclu
Slide 3: Corporate Structure
Corporate Structure For personal use only Capital Structure Top 10 Shareholders as at 31 October 2014 Shareholder Million Shares % of Total Share Price (as at 12 Nov 2014) $0.051 HSBC Custody Nominees 10.50 8.50 GDR PL 6.15 4.97 Shares on Issue 123.6m Suzi Miquilini 5.92 4.79 Nada Granich 5.41 4.37
Slide 4: Experienced Management Team
Experienced Management Team For personal use only Mike Joyce – Non-Executive Chairman Geologist, substantial prior experience at Aberfoyle Resources Ltd (1980-98) then MD at Giralia Resources NL (1998-2011 - $828m takeover). Chairman of Gascoyne Resources Ltd. Mick Clifford - Managing Director Geolo
Slide 5: Clear Strategy for Growth
Clear Strategy for Growth For personal use only Zenith has a clear strategy for adding value for shareholders. 1. Acquire counter-cyclical projects near bottom of market; 2. Undertake low cost smart exploration to add real value to projects; 3. Monetise through development, joint venture, spin out o
Slide 6: Zenith's Projects
For personal use only Zenith’s Projects
Slide 7: Develin Creek
Develin Creek Ownership: 51-100% Location: Queensland Commodity: Cu-Zn-Ag-Au Stage: Resource For personal use only JORC (2012) Inferred Resources: 1.76Mt at 1.71% Cu, 2.05% Zn, 8.5g/t Ag and 0.24g/t Au 40 - 200m South Recent (2011) drilling outside existing resource intersected: 13.2m @ 3.3% Cu, 4.0
Slide 8: Develin Creek
Develin Creek Ownership: 51-100% Location: Queensland Commodity: Cu-Zn-Ag-Au Stage: Resource For personal use only Soils VHMS deposits normally occur in clusters HeliTEM
Slide 9: Develin Creek JORC 2012 Resources
Develin Creek Ownership: 51-100% Location: Queensland Commodity: Cu-Zn-Ag-Au Stage: Resource For personal use only 17m @ 1.5%Cu, 1.3%Zn 15m @ 3.1%Cu, 2.4%Zn 16.7m @ 2.1%Cu, 2%Zn 48m 48m @@ 1.2%Cu 1.2%Cu 11m @ 2.6%Cu Massive Cu-Zn 14m @ 2.1%Cu 2.8%Zn Sulphide Lenses EM Geophysical 9m @ 3%Cu, 5.6%Zn T
Slide 10: Develin Creek - Targeting
Develin Creek - Targeting Ownership: 51-100% Location: Queensland Commodity: Cu-Zn-Ag-Au Stage: Resource For personal use only Drilling Geophysics Geochemistry 2011 drilling extended Sulphide City 4 small areas covered historically deposit 5000 new samples collected by Zenith Not yet included in res
Slide 11: Kavaklitepe
Kavaklitepe Ownership: Earning 70% Location: Turkey Commodity: Gold Stage: Reconnaissance For personal use only Discovered in 2013 Coincident IP and rock/soil anomaly No drilling. ZNC planning first holes Turkey - Highly Ranked 8 Europe’s endowed out of 96 by largest gold Tethyan Frazer producer Met
Slide 12: Kavaklitepe
Kavaklitepe Ownership: Earning 70% Location: Turkey Commodity: Gold Stage: Reconnaissance For personal use only Location of rock samples – Kuzey Zone (SW) View Looking NE Anomalous gold in soils and coincident IP chargeability anomaly * Samples behind trees
Slide 13: Kavaklitepe
Kavaklitepe Ownership: Earning 70% Location: Turkey Commodity: Gold Stage: Reconnaissance For personal use only Kuzey Zone 54m @ 3.33g/t Au incl Rock samples 7.39g/t, 5.03g/t 21.5m @ 7.2g/t Au (continuous rock chip) Discovery Zone camera location 400m strike length (previous slide) 21m @ 2.67g/t Au
Slide 14: Mt Minnie
Mt Minnie Ownership: 100% Location: WA Commodity: Gold Stage: Reconnaissance For personal use only 7 defined gold prospects over 50km strike High-grade rock samples include: 64.2g/t gold, 21.5g/t gold Only reconnaissance exploration activity to date Mid-Proterozoic granite host New geological model
Slide 15: Earaheedy
Earaheedy Ownership: 100% Location: WA Commodity: Manganese Stage: Resource For personal use only Zenith first recognised potential new manganese province in Earaheedy Basin in 2010 First mover advantage Strong tenement position After new Rio acquisition - 130 strike km of target horizon. Zenith com
Slide 16: Earaheedy DSO Mn Targets
Earaheedy DSO Mn Targets Ownership: 100% Location: WA Commodity: Manganese Stage: Resource For personal use only Red Lake 2012 – 1st DSO grade Mn in Earaheedy; 3m @ 41.0% Mn within 5m @ 34.8% Mn from 22m 1m @ 40.2% Mn within 3m @ 30.7% Mn from 3m Red Lake 2013 - follow up resource drilling; 2m @ 32.
Slide 17: Mt Alexander Magnetite
Mt Alexander Magnetite Ownership: 100% Location: WA Commodity: Iron Ore Stage: Resource For personal use only Well located close to – sealed roads, gas pipelines Only 120km from coast near Onslow (Mitsui, Chevron ports) Base case in 2011 Scoping study - slurry pipeline, tranship by barge to vessel o
Slide 18: Mt Alexander Magnetite
Mt Alexander Magnetite Ownership: 100% Location: WA Commodity: Iron Ore Stage: Resource For personal use only
Slide 19: Investment Summary
Investment Summary Sungai Roi For personal use only (coal) Drill assays next week Field recon rock results ~ 1 week Divestment underway Resource update 2 – 3 weeks Offer of $500k + royalty Soil results ~ 3 weeks Mt Alexander (iron ore) Large magnetite resource Close to infrastructure Develin Creek N
Slide 20: Contact Details
Contact Details For more information: Media and Broker Enquiries: For personal use only Mick Clifford Andrew Rowell Managing Director Cannings Purple E: mick@zenithminerals.com.au E: arowell@canningspurple.com.au Registered office: Postal address: Level 2, 33 Ord St PO Box 1426 West Perth West Perth
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