Gibb River Diamonds Limited · ASX:GIB
Gibb River Diamonds — POZ Minerals — Investor Presentation (February 2018)
20 slides from Gibb River Diamonds's investor presentation, February 2018
Slide 1: POZ Minerals Limited Investor Presentation
POZ Minerals Limited Investor Presentation Australia’s Next Diamond Producer February 2018 Blina Diamond Project Kimberley, Western Australia ASX Code: POZ
Slide 2: POZ Minerals Limited (ASX Code – POZ)
POZ Mineral Limited (ASX Code – POZ) Board Of Directors Total Shares on Issue 167,168,333 Market Capitalisation (undiluted at $0.085 per share) $14 M Cash on Hand (31 December 2017) $1.65 M Major Shareholders Shares % of Capital Jim Richards 35,016,401 20.9 Other Directors 13,134,999 7.9 Executive C
Slide 3: Peer Comparison
Peer Comparison Market capitalisation shows POZ as undervalued within peer group Company Stock Exchange Diamond Operations Location Market Cap & Code A$ million Lucapa Diamond Company ASX: LOM Mining/Development Angola/Lesotho 95 Newfield Resources Limited ASX: NWF Bulk Sampling Sierra Leone 66 Kenn
Slide 4: Blina Diamond Project, WA: Location
Blina Diamond Project, WA: Location Excellent access,120km west of Derby, WA. Gibb River Road sealed nearly all the way to project turn-off, then good laterite road to project camp site 4
Slide 5: Blina Site Video Update Link
Blina Site Video Update Link Blina Site Video Update Link 5
Slide 6: 'Missing Diamonds' of Ellendale
‘Missing Diamonds’ of Ellendale Erosion of the E9 pipe has liberated diamonds into surrounding alluvial channels 6
Slide 7: Terrace 5 Diamond Source – Eroded E9 Pipe
Terrace 5 Diamond Source – Eroded E9 Pipe Main flow of E9 liberated diamonds has been into the Terrace 5 alluvials Elevation Model: Current Land Surface RL 7
Slide 8: Terrace 5 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) • Previous bulk sampling and trial mining covered only 0.5% of Terrace 5 • High grad
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 How potholes concentrate diamonds Auchas Diamond Mine, Namibia: Pothole sequence Boulder field trap site Target gravels in a pothole Jim Richards, mining diamonds from potholes in Guyana, 1991 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: Using Latest Ground Penetrating Radar (GPR) to Discover High Grade Trap Sites at Blina
Using Latest Ground Penetrating Radar (GPR) to Discover High Grade Trap Sites at Blina 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 f
Slide 14: 9 x New 'High Grade' Trap Site Targets
9 x New ‘High Grade’ Trap Site Targets 9 x untested ‘High Grade’ targets within newly defined diamondiferous channels 1 & 2 • Nine untested ‘High Grade’ targets from GPR work • Area of 28 hectares • ‘High Grade’ targets in Channels 1 & 2, • Targets only 2 to 8 metres deep • Four bulk samples from th
Slide 15: Untested 'High Grade' Targets 2, 3 & 4
Untested ‘High Grade’ Targets 2, 3 &4 When the GPR is run from a different direction over the same target (below), you get the same result 15
Slide 16: 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’ 16
Slide 17: Historic Mining Agreement with Bunuba People
Historic Mining Agreement with Bunuba People Agreements are Signed and Mining Leases are Granted • Recent historic Mining Agreement with the Traditional Owners, the Bunuba Dawangarri Aboriginal Corporation (‘Bunuba’) • Terms of the agreement include employment and training, share options, profit sha
Slide 18: Project Milestones
Project Milestones Activities to commence operations in 2018 are well underway Achievements So Far Historic mining Agreement with Bunuba Dawangarri Aboriginal Corporation Grant of four Mining Tenements and two Miscellaneous Licenses Blina Project, Terrace 5, independent diamond valuation Fau
Slide 19: 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 19
Slide 20: 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