Element 25 Limited · ASX:E25

Element 25 — Montezuma Mining Company — Shareholder Meeting (November 2011)

23 slides from Element 25's shareholder meeting presentation, November 2011

  1. Slide 1: AGM Update November 2011

    AGM'UPDATE'NOVEMBER'2011! MANGANESE 'Large'tonnages'of'beneficiable'manganese'mineralisa8on.' ' 'Plans'in'place'to'produce'500K'–'1M't'p/a'at'>36%'Mn.'' COPPER' 'High'grade'mineralisa8on'intersected'in'maiden' ' 'copper'drilling'programme.'Discovery'confirmed.' GOLD ' 'Significant'JORC'upgrade'at'Peak'

  2. Slide 2: Disclaimer

    Disclaimer' This!presenta,on!contains!only!a!brief!overview!of!Montezuma!Mining!Company!Ltd!and!its! associated!en,,es!(“Montezuma")!and!their!respec,ve!ac,vi,es!and!opera,ons.!The!contents!of! this!presenta,on,!including!maCers!rela,ng!to!the!geology!of!Montezuma’s!projects,!may!rely!on! various!as

  3. Slide 3: Corporate Snapshot (listed 9 November 2006)

    Corporate'Snapshot'(listed'9'November'2006)' ! Board'of'Directors' ! Market'Data' " Seamus'Cornelius 'Chairman' " Shares'on'Issue: '67.4M' (Denis'O’Meara're8red)' " Share'Price:'' '$0.57' " Jus8n'Brown 'MD' " Market'Cap:'' '$38.4M' " John'Ribbons 'Director' " Cash: ' '~$9M' ! Share'Price' " ASX'Code

  4. Slide 4: Butcherbird Project

    Butcherbird'Project' ! Proven!manganese!and!copper! poten,al.! ! Excellent!infrastructure:!straddles!the! main!highway!! ! and!gas!pipeline.! ! Approx.!550km!to!Port!Headland.! ! Drilling!has!confirmed!large!tonnages! of!beneficiable!manganese!and!good! copper!poten,al.! ! Ac,ve!explora,on!and!preG pr

  5. Slide 5: Butcherbird Manganese

    —C*is‘SCSCSCsSCSC‘s‘éCR BUTCHERBIRD MANGANESE peed bara

  6. Slide 6: Why Manganese?

    Why'Manganese?' ! Cri,cal!in!modern!steelGmaking.!No! sa,sfactory!subs,tute.! ! While!manganese!is!abundant! globally,!highGgrade!manganese!is! not.! ! Global!highGgrade!manganese!sector! is!dominated!by!just!a!handful!of! players.! ! Demand!will!con,nue!to!rise!on! parallel!with!increasing!global!s

  7. Slide 7: EM Survey

    ti EM Survey ms ie inde Hilt Coodarpudgi } afer he a —~~ Richies nd

  8. Slide 8: Exploration targets map

    ste + Budgie North vs Wey 7 <p « ie KPLORATION TARGET Budgie East 7 EXPLORATION TARGET EXPLORATION TARGET Cadgies Flats ORATION TARGET Bindi Bindi Hilt Coodamudgi Richies Find Yanneri Ridge EXPLORATION TARGET 64. 7Mt @ 11.2%

  9. Slide 9: Yanneri Ridge JORC Resource Estimate

    Production of between 0.5 Mt and 1 Mt per annum. Simple, low cost conventional mining possible with very low strip ratios. Relatively simple beneficiation using conventional treatment plant. Road transport to Port Hedland for loading onto ships. Financial outcomes of the study strongly support devel

  10. Slide 10: Cross-Section 772,300E

    Cross-Section 772,300E wOP (uonese66ex3 jeome, xg)

  11. Slide 11: Unique Geology

    Unique'Geology' • Geology!allows!for!low!cost!beneficia,on!to!commercial!grades.!

  12. Slide 12: Independent Scoping Study

    Independent'Scoping'Study' ! Scoping!Study!posi,ve!based! on!produc,on!of!0.5!Mt!to!1! Mt!per!annum.! ! Projected!NPV10!of!up!to! AUD$376M!with!IRR!of!up!to! 59%.! ! Feasibility!Study!to!has! commenced.! ! Some'Key'Assump8ons' ! Long!term!manganese!price!of!USD!$5.40/dmtu.! ! Long!term!exchange!rate

  13. Slide 13: Conceptual Site Layout Plan

    Conceptual Site Layout Plan

  14. Slide 14: Strategy Going Forward

    Strategy'Going'Forward' ! Complete!environmental!studies!and!mining! approvals.! ! Confirm!metallurgical!studies!and!process!flow!sheet! for!beneficia,on.! ! Complete!Feasibility!Study.! ! Fast!track!to!produc,on!and!cashflow.! ! Resource!es,mates!in!progress!for!other!deposits.! ! Con,nue!to!drill!out!

  15. Slide 15: Butcherbird Copper

    nn —“CtSCSC‘(SC gs MONTEZUMA BUTCHERBIRD COPPER MINING COMPAN

  16. Slide 16: Montezuma Mining Company Ltd

    MONTEZUMA MINING COMPANY LTD

  17. Slide 17: Regional Overview

    Regional'Overview' BBRC0153: 61m @ 1.96% Cu from 113m (including 6m @ 6.08% Cu) *hole ends in mineralisation INSET AREA (NEXT SLIDE) BBRC0159: 2m @ 0.22% Cu from 98m

  18. Slide 18: Latest Drilling Results

    Latest'Drilling'Results' BBRC0153: 61m @ 1.96% Cu from 113m BBRC0172: (including 6m @ 6.08% Cu) 3m @ 3.42% Cu from 91m *hole ends in mineralisation BBRC0174: 3m @ 3.66% Cu from 63m BBRC0175: 2m @ 4.74% Cu from 102m BBRC0154: 16m @ 0.72% Cu from 178m (including 1m @ 3.1% Cu) BBRC0168: 83m @ 0.43% Cu

  19. Slide 19: Geology (early days!)

    Geology'(early'days!)' ! Primary!ore!mineral!is!chalcocite.!Subordinate! tetrahedrite!and!chalcopyrite.! ! Aqua!Regia!assays!display!near!total!dissolu,on! –!indicates'the'ore'may'be'leachable.!Detailed! metallurgical!work!required!to!inves,gate!this.! ! High!grade!copper!mineralisa,on!appears!to!be

  20. Slide 20: Peak Hill Gold Mine

    —C*is‘SCSCSCsSCSC‘s‘éCR MONTEZUMA MINING COM

  21. Slide 21: Peak Hill Gold Mine

    MONTEZUMA MINING COMPANY LTD Peak Hill Gold Mine Over 500K JORC Resource ounces in a goldfield that has produced over 900K ounces 8 Project includes the historic Peak Hill gold mine in a>1M ounce gold system Numerous targets requiring follow up drilling to expand the existing resource base Good futu

  22. Slide 22: Summary

    Summary' ! JORC!Resource!at!Yanneri!Ridge!as!the!focus!for!first!produc,on.! ! Favourable!infrastructure,!loca,on!and!geology!underpin!compe,,ve! es,mated!opera,ng!costs!of!approximately!AUD$3.76/dmtu.! ! Posi,ve!Scoping!Study!with!Feasibility!Study!underway.! ! Very!large!global!manganese!tonnage!po

  23. Slide 23: Contact Details

    Contact'Details' ! Please!direct!queries!to:! ! 'Jus8n'Brown!(Managing!Director)! Mobile:! !+61!438!745!675! Email:! !info@montezumamining.com.au! ! ! Website:!hCp://www.montezumamining.com.au! '! !

Montezuma Mining Company — Shareholder Meeting (November 2011) on 6ix