Aeon Metals — Shareholder Meeting (November 2015)
17 slides from Aeon Metals's shareholder meeting presentation, Nov 25, 2015
Slide 1: Aeon Metals Limited Annual General Meeting
AEON METALS LIMITED Annual General Meeting, 25 November 2015 Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au
Slide 2: Disclaimer
Disclaimer Important Information This document has been prepared by Aeon Metals Limited (Aeon) for the purpose of providing a comprehensive company and technical overview to interested analysts and investors. This document is not a prospectus and should not be considered an offer or an invitation to
Slide 3: Corporate Overview
Corporate Overview Aeon Capital Structure Aeon Board of Directors & Management Board of Directors Current Post Refinance(1) Over 30 years’ experience in Share Price (A$) 0.04 0.04 Thomas Mann Chairman financial markets and global Shares Outstanding (#) 347,832,225 347,832,225 trade 24 years’ exp
Slide 4: 2015 - Successful Capital Raising & Debt Refinance
2015 - Successful Capital Raising & Debt Refinance Total funding package (debt + equity) of net ~A$8M = WELL FUNDED VS PEERS $3.26M Equity Rights Issue component, underwritten by major shareholder Soul Pattinson, sub underwritten by other major shareholders Successful Refinance, increase and e
Slide 5: Queensland Based Base Metal Assets
Queensland Based Base Metal Assets North West Qld South East Qld • World class copper district • Large copper province • Walford Creek Project (100%): in close proximity to existing infrastructure • JORC Resource1 - 296,000t of copper • Growing JORC Resource base - 623,000t of zinc - 475,000t of cop
Slide 6: North West Queensland – Projects Overview
North West Queensland – Projects Overview Extensive exploration tenement portfolio in proven base metals province of Northwest Queensland Priority: Walford Creek Project Development - Large JORC Inferred & Indicated Resource Measured & Indicated conversion planned - Open pit potential - Convention
Slide 7: Walford Creek Project – Advanced, Large Resource
Walford Creek Project – Advanced, Large Resource Large sediment hosted mineral system - Mineralisation is both structurally (Fish River fault) & lithologically controlled - Potential for resource extensions along the strike-length of the Fish River fault Total of +40,000m in 4 phases of work - 6,890
Slide 8: Walford Creek Video
Walford Creek Video Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au 8
Slide 9: Walford Creek: Project parameters starts with MINING
Walford Creek: Project parameters starts with MINING • Indicative project parameter options linked to optimised pit cut-off: - Runge Minarco Pincock mandated - Pit limit optimisation and scheduling using Whittle 4X - Open pit - from 20 - 3 continuous “layered” mineralised lens over +5kms - Fault bou
Slide 10: Walford Creek: Processing Options Available
Walford Creek: PROCESSING Options Available • Extensive metallurgical work undertaken since acquisition and new drill core material. • Conventional (crush, grind, float technology) metallurgical processing flowsheet defined: - produce copper, zinc, lead and cobalt rich pyrite concentrates. • Options
Slide 11: Walford Creek: Infrastructure & Environmental
Walford Creek: INFRASTRUCTURE & ENVIRONMENTAL • Infrastructure options available. • Environmental – Base line studies commenced in February. Area located on cattle station – no red flags identified. Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au 11
Slide 12: Walford Creek – 2016 Drilling Program
Walford Creek – 2016 Drilling Program • Extensive 2016 Walford Creek drilling program. • The program will commence at the end of the wet season in April 2016 and run over a 4-5 month period. • This drill program will be designed for 4 purposes: 1. Define a measured Resource; 2. Convert a large porti
Slide 13: Walford Creek – Fault Bound Mineralisation Extending +25km
Walford Creek – Fault Bound Mineralisation Extending +25km Open to East Open to West ~2km 73mt @ 1.43% CuEquiv WFPD179 11m @ 5.67% Zn Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au
Slide 14: Aeon: An Emerging Player in Australian Base Metals
Aeon: An Emerging Player in Australian Base Metals • Resource investment all about cyclical timing, quality resource base, and getting “set”. • 2016 big year for Walford Creek. • Aeon - Base metal (Cu, Pb, Zn, Mo, Co) + Ag leverage. Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au
Slide 15: Appendix A: Walford Creek Competent Person Statement
Appendix A: Walford Creek Competent Person Statement Competent Person Statement The data in this report that relates to Mineral Resource Estimates for the Walford Creek Deposit is based on information evaluated by Mr Simon Tear who is a Member of The Australasian Institute of Mining and Metallurgy (
Slide 16: Appendix B: Resource Estimate & CuEquiv Assumptions
Appendix B: Resource Estimate & CuEquiv Assumptions 2013 and 2015 Resource Estimate Assumptions Price Price Grade Value per Value per Element Recovery (US$) Units Grade Units Tonne Grade Unit Equivalence Cu 0.90 $3.52 Pounds 0.1 % $ 6.98 69.84 0.90 Pb 0.75 $1.00 Pounds 0.1 % $1.65 16.53 0.24 Zn 0.75
Slide 17: Appendix C: ASX Copper Comparables
Appendix C: ASX Copper Comparables Company Name Market Cap1 Total JORC Resources Contained JORC Metal EV/Resource (2) (2) Tonnes Cu Equiv Cu Pb Zn Ag Mo Au Co Cu Equiv (A$m) (mt) (%) (tonnes) (tonnes) (tonnes) (ounces) (tonnes) (ounces) (tonnes) (tonnes) (A$/t CuEquiv) (A$/lb CuEquiv) Aeon Metal s 1