Gibb River Diamonds Limited · ASX:GIB
Gibb River Diamonds — POZ Minerals — Brisbane Mines & Money 2018
21 slides from Gibb River Diamonds's conference presentation, June 2018
Slide 1: POZ Minerals Limited Investor Presentation
POZ Minerals Limited Investor Presentation June 2018 Australia’s Next Diamond Producer Blina Diamond Project ASX Code: POZ Kimberley, Western Australia www.pozminerals.com.au
Slide 2: POZ Mineral Limited (ASX Code – POZ)
POZ Mineral Limited (ASX Code – POZ) Total Shares on Issue 179,079,445 Board Of Directors Market Capitalisation (undiluted at $0.08 per share) $14 M Cash on Hand (31 March 2018) $2.4 M Major Shareholders Shares % of Capital Jim Richards 35,016,401 19.7 Other Directors 14,540,555 8.1 Executive Chairm
Slide 3: Peer Comparison
Peer Comparison Market capitalisation shows POZ as undervalued within peer group Company Stock Exchange Diamond Operations Location Market Cap & Code A$ million Lucapa Diamond Company ASX: LOM Mining/Development Angola/Lesotho 117 Newfield Resources Limited ASX: NWF Bulk Sampling Sierra Leone 110 Ke
Slide 4: Blina Diamond Project, WA: Location
Blina Diamond Project, WA: Location Excellent access,120km west of Derby, WA. • Total of 446km2 of POZ ground • Excellent logistics & access • Previous diamond production from Terrace 5 • Surrounds the former Ellendale 9 diamond mine • Granted mining leases 4
Slide 5: Targets North and East of the E9 Mine Area
Targets North and East of the E9 Mine Area 5
Slide 6: Terrace 5 Target West of the E9 Mine Area
Terrace 5 Target West of the E9 Mine Area 6
Slide 7: ‘Missing Diamonds’ of Ellendale
‘Missing Diamonds’ of Ellendale Erosion of the E9 pipe has liberated diamonds into surrounding alluvial channels 7
Slide 8: Terrace Alluvials - JORC Exploration Target
Terrace 5 Alluvials - JORC Exploration Target The JORC Exploration Target of ‘Missing E9 Diamonds’ in Terrace 5 ‘High Grade’ trap sites: Volume Gravels Grade Total Diamonds (m3) (carats per cubic metre) (million carats) From To From To From To 700,000 1,000,000 2.3 4.1 1.6 4.1 The potential quantity
Slide 9: Previous Work: Trial Mining of Terrace 5
Previous Work: Trial Mining of Terrace 5 • Trial mining in 2005/06 (outside of new ‘High Grade’ target areas) produced 1,432 carats from 40,613 cubic metres at a grade of 3.53 carats per hundred cubic metres (cphm3) Terrace 5 diamonds are in the basal gravels • Previous bulk sampling and trial minin
Slide 10: Blina Terrace 5 Diamond Valuation
Blina Terrace 5 Diamond Valuation A recent independent valuation of a 1,497 carat parcel of diamonds from Terrace 5 stated: • The overall parcel valuation was US$389 per carat (A$505 per carat) • The Fancy Yellow component was valued at US$3,391 per carat (A$4,403 per carat) Terrace 5 diamonds. All
Slide 11: The Target: High Grade Diamond Trap Sites
The Target: High Grade Diamond Trap Sites Target gravels in a pothole Jim Richards, mining diamonds from How potholes concentrate diamonds potholes in Guyana, 1991 Auchas Diamond Mine, Namibia: Pothole sequence 11
Slide 12: The Target: High Grade Diamond Trap Sites
The Target: High Grade Diamond Trap Sites Cuango River Diamond Rush, Angola,1992. High grade trap sites (centre of photo) 12
Slide 13: New Technology Ground Penetrating Radar (GPR) Targets High Grade Trap Sites
New Technology Ground Penetrating Radar (GPR) Targets High Grade Trap Sites 2002 2017 Old GPR Technology: New GPR Technology: • Compare GPR last used at Previous Blina Survey POZ Minerals Survey Blina in 2002 with latest POZ GPR survey data in 2017 • New rapid GPR data acquisition rates fixes previo
Slide 14: Untested ‘High Grade’ Targets 2, 3 & 4
Untested ‘High Grade’ Targets 2, 3 &4 May 2018: Target 2 was auger drilled and returned these highly prospective gravels from 5 to 7 metres 14
Slide 15: Untested High Grade Targets 5, 7 & 8
Untested High Grade Targets 5, 7 & 8 Previously sampled grades of up to 10.5 cphm3 lie close to POZ untested ‘High Grade Targets’ 15
Slide 16: 12 x New ‘High Grade’ Trap Site Targets
12 x New ‘High Grade’ Trap Site Targets 12 x untested ‘High Grade’ targets within newly defined diamondiferous channels 1 & 2 • Four bulk samples from the ‘Low Grade’ channels returned 4.1 to 10.5 cphm3 • POZ ‘High Grade’ Exploration Target is 2.3 to 4.1 cpm3 (i.e. ~50x the previous sampled grade of
Slide 17: Alluvial Bulk Sampling and Mining
Alluvial Bulk Sampling and Mining Shallow & Simple Blina Diamonds NL • Targets gravels only 2 to 8 mining alluvials in 2007 metres deep • Phase 1: trenching bulk sampling • Phase 2: mining of best grades Blina Diamonds NL mining alluvials in 2007 17
Slide 18: POZ Diamond Recovery Plant
POZ Diamond Recovery Plant Trommel, Screens, and Diamond Sortex Feed Bin Grizzly Trommel DMS, Screens Diamond Sortex & Classifier Machines, E9 mine: 2 x acquired by POZ Trommel acquired by POZ Lights from DMS Lights Concentrate bags discard Blina Diamonds NL recovery plant in 2006 (~30m3 per hour) t
Slide 19: Project Milestones
Project Milestones Diamond Recovery to commence in 2018 Achievements So Far Historic mining Agreement with Bunuba Group Grant of four Mining Tenements and two Miscellaneous Licenses Fauna and flora survey report completed Tailings Storage Facility (TSF) permitting report completed Addition
Slide 20: POZ Minerals Limited
POZ Minerals Limited Australia’s Next Diamond Producer Contact Details: Jim Richards – Executive Chairman +61 8 9422 9501 16 Ord Street, West Perth, WA 6005 Email – info@pozminerals.com.au www.pozminerals.com.au ASX Code: POZ 20
Slide 21: Disclaimer
Disclaimer This presentation is an overview of the Company prepared with good intention. It is not a prospectus and offers no securities for subscription or sale in any jurisdiction, nor a securities recommendation. All information necessary for investment decisions is not contained herein and inves