Slide 1: Boardroom Radio Interview – Investor Presentation
Argent Minerals Limited ABN 89 124 780 276 ASX ANNOUNCEMENT For personal use only 19 May 2011 BOARDROOM RADIO INTERVIEW – INVESTOR PRESENTATION Argent Minerals Limited (“Argent”) advises that an audio broadcast with Argent’s Executive Chairman, Kerry McHugh, commenting on Argent’s Investor Presentat
Slide 2: Investor Presentation
Argent Minerals Limited ABN 89 124 780 276 ASX ANNOUNCEMENT 27 April 2011 For personal use only INVESTOR PRESENTATION Argent Minerals Limited (“Argent” or “Company”) advises that the following presentation was made to investors on 27 April 2011. For more information contact: www.argentminerals.com.a
Slide 3: Argent Minerals Limited
For personal use only ARGENT MINERALS LIMITED l www.argentminerals.com.au
Slide 4: Disclaimer
Disclaimer Certain statements contained in this presentation, including information as to the future financial or operating performance of Argent Minerals Limited (ASX:ARD) and its projects, are forward looking statements: -may include, among other things, statements regarding targets, estimates and
Slide 5: Corporate Overview
Corporate Overview For personal use only ARGENT MINERALS A focused silver exploration and development company • The 100% owned Kempfield silver, lead, zinc project is the Company’s key asset. • JORC Resource of 31.6m oz of silver and 261,000 tonnes of zinc and lead – Definitive Feasibility Study (DF
Slide 6: Corporate Information
Corporate Information For personal use only Capital Structure ASX Code - Shares: ARD Share Price Chart ASX Code – Options: ARDO Shares on Issue 89.4m Options on Issue (17.8 c) 43.2m Share Price $0.19 Market Cap $17.0m Cash at 31 Dec $3.1m Directors Kerry McHugh – Executive Chairman Marcus Michael –
Slide 7: Investment Highlights
Investment Highlights For personal use only Near term development • Kempfield DFS due for completion Dec 2011 • Silver production targeted for mid 2013 • At current prices, project net cash flow estimated to exceed A$550m Leverage to rising silver prices • Reserve base highly sensitive to silver pri
Slide 8: Kempfield Project
Kempfield Project For personal use only • Kempfield is a silver, lead, zinc VMS deposit, located 30km south of Blayney • Known mineralisation extends for more than 3 kilometres 500 km NEW SOUTH WALES Yellow Streak Cobar Sunny Corner Broken Hill Kempfield LA Orange CH Sydney West Wyalong LA N F OL D
Slide 9: Local Geology
Local Geology For personal use only Defined mineralisation is over a 3 km long silver rich barite horizon with six zones, Of those six zones, three contain significant economic resources : - Quarries Zone - BJ Zone - McCarron Zone Three types of mineralisation are present: • Oxide • Transitional • S
Slide 10: Project Site
Project Site For personal use only ARGENT MINERALS LIMITED l www.argentminerals.com.au
Slide 11: Resources
Resources For personal use only • 20.6 million tonnes for:- 31.6 m ozs Silver, 65,000 ozs Gold, (Equivalent to 1million ozs of gold at silver/gold ratio of 33:1) Plus 261,000 tonnes of Lead and Zinc. • Approx 69% measured or indicated See later slides for details. ARGENT MINERALS LIMITED l www.argen
Slide 12: BJ Zone Cross Section 3200N
BJ Zone Cross Section 3200N For personal use only ARGENT MINERALS LIMITED l www.argentminerals.com.au
Slide 13: McCarron Zone Cross Section 2650N
McCarron Zone Cross Section 2650N For personal use only ARGENT MINERALS LIMITED l www.argentminerals.com.au
Slide 14: Kempfield Site
Kempfield Site For personal use only ARGENT MINERALS LIMITED l www.argentminerals.com.au
Slide 15: Project Economics
Project Economics For personal use only Pit Optimization 1.5 million tpa (pit shells only) US$30 per ounce silver Operating Parameters Tonnes Treated 16.3mt Strip Ratio 1.3 to 1 Mine Life 11 years Silver Produced 22.3 million ounces Gold Produced 35,000 ounces Lead Produced 26,800 tonnes Zinc Produc
Slide 16: DFS Key Appointments
DFS Key Appointments For personal use only Project Manager Mr Derek White EIS W.R. Corkery Pty Ltd Water RPS Aquaterra, Sydney Process Design Lycopodium Minerals Queensland P/L Metallurgy Mr B.Sceresini/Metcon Labs Tailings Dam Knight Piesold Pty Ltd Mine Design Aust Mine Design and Development P/L
Slide 17: Processing
Processing Pit Crusher Ball Mill For personal use only • 3 Stage Crushing • Ball Mill Merrill- Agitated Crowe Cyanide • Agitated Cyanide Leach Circuit Leach • Followed by: (a) Merrill - Crowe Circuit to Recover Ag and Au to Dore Ag, Au Dore (b) Flotation Circuit to Recover Pb, Zn and additional Ag f
Slide 18: Site Layout
Site Layout For personal use only ARGENT MINERALS LIMITED l www.argentminerals.com.au
Slide 19: Indicative Project Timetable
Indicative Project Timetable For personal use only ARGENT MINERALS LIMITED l www.argentminerals.com.au
Slide 20: Key Advantages
Key Advantages For personal use only Resource Size Long mine life Reserves sensitive to commodity prices Potential to increase resources Short time to Production Feasibility work underway Targetting first production mid 2013 Skilled labour pool Close to infrastructure Strong community & Govt relatio
Slide 21: In Conclusion: Argent's Key Aim
In Conclusion ………ARGENT’S KEY AIM IS: For personal use only Producing Silver at Kempfield by mid 2013 ARGENT MINERALS LIMITED l www.argentminerals.com.au
Slide 22: Mineral Resources
Mineral Resources Silver Gold Lead Zinc For personal use only Tonnes Grade Contained Grade Contained Grade Contained Grade Contained Metal Metal Metal Metal g/t M ozs g/t 000 ozs % 000t % 000t Million Oxide/Mixed* 5.8 58 10.8 0.1 19 N/A N/A N/A N/A Cut off grade 25g/tAg Primary** 14.4 45 20.8 0.1 46
Slide 23: Resources by Category
Resources by Category For personal use only Tonnes Grade (g/t) Grade (%) Oxide and Mixed million Silver Gold Lead Zinc Measured 2.1 70.3 0.1 Indicated 2.7 52.4 0.1 Inferred 1.0 45.5 0.1 Primary Measured 2.1 60.2 0.1 0.64 1.08 Indicated 7.5 45.7 0.1 0.59 1.21 Inferred 4.8 38.5 0.1 0.60 1.31 ARGENT MI
Slide 24: For personal use only
For personal use only ARGENT MINERALS LIMITED l www.argentminerals.com.au