Argent Minerals Limited · ASX:ARD
Argent Minerals — Shareholder Meeting (November 2018)
16 slides from Argent Minerals's shareholder meeting presentation, Nov 28, 2018
Slide 1: AGM Presentation
ARGENT MINERALS LIMITED ASX:ARD AGM Presentation For personal use only 28 November 2018
Slide 2: Disclaimer
DISCLAIMER For personal use only This investor presentation (Presentation) has been prepared by Argent Minerals Limited (ABN: 89 124 780 276) (Argent or the Company). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement
Slide 3: Why Invest in Argent?
WHY INVEST IN ARGENT? For personal use only § Highly experienced board and management • Highly focused on Argent share price turnaround and growth • Evolution of Argent strategy underway § FY2018 achievements • Kempfield advances to large scale potential • Pine Ridge Gold Mine – significant upside i
Slide 4: The Evolution of Argent
THE EVOLUTION OF ARGENT For personal use only • Increase share price and limit dilution • A focus shift to gold exploration and production in well-endowed Lachlan Orogen within the larger Kempfield area • High-value gold exploration will boost future Kempfield economics • Option of realising early r
Slide 5: Kempfield Advances to Large Scale Potential
KEMPFIELD ADVANCES TO LARGE SCALE POTENTIAL 680,000 mE 690,000 mE 700,000 mE 710,000 mE 720,000 mE § Metallurgical breakthroughs 6,310,000 mN 6,310,000 mN For personal use only Mineral Resource3 42 Moz gold, 8.7 Mt copper § Significant mineral resource update – 100 M oz silver equivalent § Significa
Slide 6: Metallurgical Breakthroughs
METALLURGICAL BREAKTHROUGHS § Separate commercial grade concentrates achieved For personal use only • Zinc and lead concentrates – each also containing silver and gold § High recoveries • Zinc (87-92%), silver (75-85%), gold (66-90%) High grade zinc concentrate § Boost to modelled cash flows (54-59%
Slide 7: New 3D Geology and Exploration Model and Exploration Target
NEW 3D GEOLOGY AND EXPLORATION MODEL AND EXPLORATION TARGET + 4 KM FURTHER POTENTIAL ADDITIONAL For personal use only STRIKE LENGTH IDENTIFIED to 7 km TOTAL Strike length – increased 2.5 X to 3,000 metres ` Width – increased 1.8 X to 650 metres ] Predicted mineralisation host horizons Depth – increa
Slide 8: Gold-Focused Value Enhancement
GOLD-FOCUSED VALUE ENHANCEMENT 680,000 mE 690,000 mE 700,000 mE 710,000 mE 720,000 mE § High value gold exploration in well-endowed gold belt 6,310,000 mN 6,310,000 mN For personal use only Mineral Resource3 42 Moz gold, 8.7 Mt copper § Goal: boost Kempfield economics to viability • Supplement Kempf
Slide 9: Major Event for Pine Ridge Gold Mine Acquisition
MAJOR EVENT FOR PINE RIDGE GOLD MINE ACQUISITION § Low cost 2016 acquisition within trucking distance of Kempfield, native title clearance obtained For personal use only § Extensive prospectivity identified around gold mine, testing large system § Pine Ridge analogous to 2 Moz ore reserves 50 km to
Slide 10: Kempfield Central Site
KEMPFIELD CENTRAL SITE • Ideal mine site location for noise/dust/visual containment For personal use only • Heavy vehicle route now direct from Kempfield to rail (NSW Forestry road upgrade 2018) • Argent 100% owned freehold land + agreement with the main neighbour (2018) • Reduced lead times and cos
Slide 11: West Wyalong Drilling Intersects Porphyry Cu-Au System
WEST WYALONG DRILLING INTERSECTS PORPHYRY Cu-Au SYSTEM § Near position to Cu-Au-Mo in For personal use only fertile system (drillcore evidence) § 4 km2 prospective area delineated § Big Cadia analogy indicated • Skarn geochemistry and lithology § Argent interest increased to 78.2% Copper-Au-Mo inter
Slide 12: Summary
SUMMARY For personal use only § Board and management goals – ARD share price § Significant achievements in FY2018 • Major breakthroughs at Kempfield ⎯ Metallurgy and geology • Resource contained silver equivalent -> 100 Moz AgEq • Exploration Target -> + 58-190 Moz AgEq @ 80-130 g/t AgEq • Pine Ridg
Slide 13: Contact Details
CONTACT DETAILS For personal use only § Website www.argentminerals.com.au § Chief Executive Officer • David Busch • Mobile 0415 613 800 • Email david.busch@argentminerals.com.au 13
Slide 14: Competent Person Statements
COMPETENT PERSON STATEMENTS Previously Released Information For personal use only This Presentation contains information extracted from the following reports which are available for viewing on the Company’s website http://www.argentminerals.com.au : § 3 July 2017 West Wyalong Drilling Confirms Miner
Slide 15: Appendix – Kempfield Mineral Resource and Exploration Target Estimates
APPENDIX – KEMPFIELD MINERAL RESOURCE AND EXPLORATION TARGET ESTIMATES Mineral Resource estimate Resource Summary The updated Kempfield JORC 2012 Mineral Resource estimate as announced on 30 May 2018 is summarised in For personal use only 1 the following table at cut-off grades of 25 g/t Ag for Oxid
Slide 16: Exploration Target drilling programme
Exploration Target drilling programme The Company plans to test the Exploration Target through the following drilling programme schedule: For personal use only ■ Stage 1 – Mineralisation and genetic model verification – comprising approximately 4,100 metres of drilling, targeting completion before t
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