Nex Metals Exploration Ltd · ASX:NME
Nex Metals Exploration — Shareholder Meeting (October 2008)
21 slides from Nex Metals Exploration's shareholder meeting presentation, Oct 30, 2008
Slide 1: Annual General Meeting 30 October 2008
For personal use only Annual General Meeting 30 October 2008
Slide 2: Progress since listing in December 2007
For personal use only Since Nex Metals successfully listed Dec 2007 your company has: • Achieved the exploration goals set out in the IPO. • Taken a prudent and conservative approach to exploration both domestically and overseas • Investigated many highly prospective domestic and overseas projects.
Slide 3: Action taken in light of the Global Financial Crisis
For personal use only Action taken in light of the current Global Financial Crisis. • Nex is well placed in this bad market to take advantage of the new opportunities created in this economic environment. • We have an enviable cashed up position with over $4m in the bank currently. • Due to tighteni
Slide 4: Kalgoorlie West Project
For personal use only Kalgoorlie West Project • The project area is located approximately 8km south west of the Kalgoorlie Superpit and 9km south east of the Binduli Mining Centre, a prolific environment for gold mineralisation. • Close to major infrastructure. • The project comprises 8 granted pros
Slide 5: Kalgoorlie Superpit and Kalgoorlie West Project map
For personal use only Kalgoorlie Superpit Kalgoorlie West Project
Slide 6: Kalgoorlie West Exploration as proposed in IPO
For personal use only Kalgoorlie West Exploration as proposed in IPO • Data review & Processing • Data Acquisition & Processing • Equipment & Software Acquisition • Geological Mapping • Geochemical / Auger Sampling
Slide 7: Euro Project
For personal use only Euro Project • The Euro Project comprises 6 tenements located approximately 10 kilometres south of Laverton, situated on the Craggiemore- Euro gold trend, a regional zone of significant gold anomalism. • Work focused on a mapping and sampling program over the tenement areas to
Slide 8: Euro Project exploration as proposed in IPO
For personal use only Euro Project exploration as proposed in IPO • Data Acquisition & Processing • Mapping and Rock Chip Sampling
Slide 9: Randalls
For personal use only Randalls • The Randalls project originally comprised 8 exploration Licences located to the east of Kalgoorlie. • Pegging of an additional 12 exploration leases in the area to build a more cohesive package. • Review of historical data available has provided wide spaced Au and Ni
Slide 10: Randalls North Rainbow Dam Soil Sampling
hy Nex Metals 4 to 6 (60) 6to 8 (13) 8 to 20 (3) scaled by Au ppb | | SETEOOON Oe OOO OO -- + @- - a. See ee eee rr oe oe) 6575500N = ee a 2 oo ehoreooe OSTSCOON , Pe ee 2 of 2 oe | | PH SHH CSHHESOOS COSCO SOS | Nex Metals Explorations Lid Randalls North £25315 | Rainbow Dam Soil Sampling ‘Au ppb 6
Slide 11: Randalls Dam Soil Sampling
hy Nex Metals = ae | + ——|X Easting | Y Northing ‘Au Colour Legend ae 3 to 4 (38) 4 to 5 (36) 5 to 6 (12) | | 6 to 8 (7) | | ‘Au Symbol Legend © 0 to 8 (138) OO OOoe so SH Hee OFF Symbols scaled by Au |8563500N | | —— | O05 6000054 + OOOOOre | | | | | ee Se See eee ee es fh le eT +Ore o¢ east Ad ooo
Slide 12: Randalls Project exploration as proposed in IPO
For personal use only Randalls Project exploration as proposed in IPO • Data review & Processing • Data Acquisition & Processing • Geological Mapping • Auger Drilling Geochemical Sampling
Slide 13: Collurabbie
For personal use only Collurabbie (E38/1736, E38/1746, E38/1781-1782) • The project is located approximately 180 kilometres north of Laverton in a largely soil covered and remote area. Exploration in the area has been precipitated by a nickel and platinum discovery in 2004. • Tenement E38/1746 cover
Slide 14: Collurabbie Project aeromag and tenure
fy) Nex Metals tC) Fis t jl z somym= _a00 —— ‘ COLLURABBIE PROJECT Hy . AERMAG & TENURE £38/1783 —_T Sen iS aS .
Slide 15: Collurabbie Project exploration as proposed in IPO
For personal use only Collurabbie Project exploration as proposed in IPO • Data review & Processing • Data Acquisition & Processing • Geological Mapping • Geochemical Sampling
Slide 16: Kookynie
For personal use only Kookynie • The Kookynie project is comprised of 3 tenements in 2 areas, Tampa in the north, and Jungle Well in the south. • First pass mapping, rock-chip sampling and analysis provided a large number of plus 1.0 g/t Au rock chip samples. • On the Tampa tenements, located to the
Slide 17: Kookynie - Tampa, Jungle Well
For personal use only Kookynie - Tampa Jungle Well
Slide 18: Kookynie - Jungle Well
For personal use only Kookynie - Jungle Well
Slide 19: Kookynie Project exploration as proposed in IPO
For personal use only Kookynie Project exploration as proposed in IPO • Data Acquisition & Processing • Geological Mapping
Slide 20: International: Why Laos
For personal use only International • WHY LAOS • Recently opened to selected Foreign Companies. • Unexplored by modern techniques. • Potential for significant Cu Au project discovery. • Previously favourable exchange rate. • We must now reassess Nex’s position in light of the global financial situat
Slide 21: In Summary
For personal use only In Summary • Conservative approach has placed Nex Metals in a position of strength to take advantage of new opportunities being created by the current market conditions. • Well placed with cash to invest in a near term advanced project. • This is a time of great uncertainty, a
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