Golden Deeps Limited · ASX:GED

Golden Deeps — Investor Presentation (March 2019)

15 slides from Golden Deeps's investor presentation, Mar 4, 2019

  1. Slide 1: Golden Deeps Ltd Investor Presentation March 2019

    GOLDEN DEEPS LTD (ASX: GED) For personal use only Investor Presentation March 2019

  2. Slide 2: Corporate Objective

    Corporate Objective TO ACCELERATE THE DEVELOPMENT OF THE ABENAB For personal use only VANADIUM PROJECT (Stage One 500,000 tpa, Low Cost, High Grade, Near Term Ore Processing Facility) This will be achieved by: 1. A fully informed exploration program to identify >3Mt vanadium pentoxide (V2O5) bearing

  3. Slide 3: Project Highlights

    Project Highlights ✓ Large tenement holding located in a proven vanadium-rich province For personal use only ✓ Province hosts several historic high-grade vanadium mines ✓ Updated maiden JORC (2012) Mineral Resource of 2.8Mt @0.66% V2O5, 2.35% Pb, 0.94% Zn (reported January 2019) ✓ Metallurgy is prov

  4. Slide 4: Project Development Pathway

    For personal use only Project Development Pathway • Resource definition drilling plan identified to develop the working mine plan • Detailed engineering study to develop a 500,000 tpa modular concentrator process to produce the high value concentrate of up to 21% V₂O₅, 14% Zn and 53% Pb using a low

  5. Slide 5: Project Timeline

    For personal use only Project Timeline Q1 2019 Q2 2019 Q4 2019 2020 Drilling Drilling Bankable Feasibility Study Recruitment (Concentrator) Metallurgical Engineering Scoping Study Mining Commences Testwork Mine Plan Developed Mining Concession Approval Production of Develop Process Flow Sheet Detail

  6. Slide 6: Background: Project Location

    For personal use only Background: Project Location • Located in the mineral-rich Otavi Mountain Land in northern Namibia Abenab West • GED controls all key mines and prospects along a 40km long lithological and structural trend • Four granted EPLs and three pending EPL applications • 562km² of highl

  7. Slide 7: Geology: Section through Abenab Mine

    Geology: Section through Abenab Mine NW SE • Updated geological model generated by consulting For personal use only group Shango Solutions incorporates additional historic data • Updated JORC 2012 Inferred Mineral Resource of 2.8Mt @0.66% V2O5, 2.35% Pb, 0.94% Zn reported • Abenab cross section demo

  8. Slide 8: Mineralogy – Higher Grade & Recovery

    For personal use only Minerology – Higher Grade & Recovery COMPARISON ABENAB ORE TYPICAL VANADIUM SOURCE Ore Type Descloizite Titano-magnetite Concentrate 18-21% V2O5 1-3% V2O5 Crushing & Crushing, grind & regrind required to support effective Crushing circuit with gravity separation Concentrating m

  9. Slide 9: Concentrator – Simple, Efficient & Reliable

    Concentrator – Simple, Efficient & Reliable Concentrator Process For personal use only • Gravity Separation with water • 500,000 tpa ore throughput with modular design to enable ease of construction & ramp up • High recovery through recycle & multi stage separation producing a high grade product up

  10. Slide 10: Metallurgy – Peer Comparison

    Metallurgy – Peer Comparison Comparison between Mine Grade and Concentrate Grades For personal use only Vanadium resource company peer comparison depicting resource and concentrate grades (Price basis: $US38.3/kg V2O5) Abenab Vanadium Project 10

  11. Slide 11: Refining Process: Options for Processing

    Refining Process: Options for Processing Processing Option PROs CONs For personal use only • Commercial applications currently available in the • Competent Ph balance is required to maximise Alkaline Leach minerals processing industry recovery • Pb & Zn recoverable as usable OH by-product • Commerci

  12. Slide 12: Geology & Process Consultants

    For personal use only Geology & Process Consultants SHANGO SOLUTIONS A highly respected exploration and mining consultancy that has worked on more than 800 projects over a 14 year period. Established in 2004 in Northcliff, Johannesburg, Shango is committed to creating value through provision of tech

  13. Slide 13: Geology & Process Consultants

    Geology & Process Consultants SEGOELELE PROCESS AND ADVISORY SERVICES For personal use only Provides leading edge engineering solutions, outsourced operations, maintenance services, designs and supply of equipment to the minerals processing industry. SEGOELELE has been engaged to develop the scoping

  14. Slide 14: Disclaimer & Declarations

    Disclaimer & Declarations Overview For personal use only This presentation has been prepared by Golden Deeps Ltd (“GED”) as a summary of the company’s exploration and development activities, with particular reference to the Abenab V-Pb-Zn Project in Namibia. No Offer of Securities The presentation i

  15. Slide 15: Historical Exploration and Resource Estimate

    Historical Exploration and Resource Estimate Resource Estimate For personal use only The resource estimate stated in this presentation was compiled by Mr Manie Swart of Shango Solutions and announced to the ASX on January 31, 2019. Mr Swart is a Member of the South African Council for Natural Scient

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