Terrain Minerals Ltd · ASX:TMX

Terrain Minerals — IPO Roadshow (January 2006)

15 slides from Terrain Minerals's IPO roadshow presentation, January 2006

  1. Slide 1: Investor Presentation

    Investor Presentation January 2006

  2. Slide 2: Disclaimer

    Disclaimer • This presentation is provided to you, as a professional or sophisticated investor as defined in Chapter 6D.2 of the Corporations Act, for the sole purpose of providing information to enable recipients to review Terrain Minerals Limited. • The material provided to you does not constitute

  3. Slide 3: Introduction

    Introduction  Terrain Minerals Ltd (“Terrain”) is a focused gold explorer with a portfolio of four advanced projects in the Eastern Goldfields of WA  All projects have been chosen according to strict criteria, including demonstrated but under-tested mineralisation  Active 2006 drilling program pl

  4. Slide 4: Capital Structure and Raising

    Capital Structure and Raising Description Shares Market Cap Holding Options2 Existing shares 19,150,000 $3.8m 36% 9.0m Vendors of projects 8,600,000 $1.7m 16% 0.3m IPO @ $0.201 25,000,000 $5.0m 47% Total 52,750,000 $10.5m 100% 9.3m 1. Based on raising of $5 million 2. All options have an expiry date

  5. Slide 5: Board of Directors

    Board of Directors  Daniel Tucker Chairman (Non Executive) • Ex-WMC, Managing Director of Carey Mining, Non-executive Director of View Resources  Keith Wells Managing Director • Geologist with over 30 years experience (Henty, Mt Coolon, Hamata, Magellan deposits)  (Jimmy) Lee Kong Leng Director (

  6. Slide 6: Source and Use of Funds

    Source and Use of Funds Source of funds: $4 million raising $5 million raising Pre-IPO cash $1.1m $1.1m Cash raised through IPO $4.0m $5.0m Total $5.1m $6.1m Use of funds: $4 million raising $5 million raising Pre-IPO expenses $0.2m $0.2m Acquisition of projects $0.5m $0.5m Two-year exploration prog

  7. Slide 7: Project Locations

    Project Locations  Premier Australian gold location  Well-established infrastructure  Four projects • Celtic • Coogee • Redcastle • Euro 7

  8. Slide 8: Celtic

    Celtic  JORC resources of 194.5kozs @ 1.96g/t gold, 83% in measured/indicated categories  Ore grade material (>3g/t) exposed on existing open cuts offering immediate drilling targets  Ore zones exposed in open cuts open along strike and down dip with high grade intercepts: • 13m @ 10.4g/t gold •

  9. Slide 9: Coogee

    Coogee  JORC resources of 34.8kozs @ 3.91g/t gold (representing only 800m of largely untested 2km of mineralisation)  Two other trends largely untested but with encouraging geochemical and geophysical anomalies  Encouraging nickel indicators with ultramafic associations – yet to be tested  Immed

  10. Slide 10: Coogee

    Coogee  Initial drilling has produced some high grade intercepts: • 8m @ 51.7g/t gold • 11m @ 31.4g/t gold • 7m @ 10.7g/t gold • 6m @ 42.4g/t gold • 8m @ 8.6g/t gold 10

  11. Slide 11: Redcastle

    Redcastle  Historical production of 2.2kozs @ 24g/t gold  Local geology and limited drilling indicates potential for large mineralised shear-hosted gold system  First time tenements have been consolidated - largely unexplored with modern methods  RC drilling scheduled to commence in first half o

  12. Slide 12: Euro

    Euro  Large geochemical anomaly (500m wide and up to 2km long) with limited drilling  Structurally similar to Granny Smith  Drilling planned for late 2006 12

  13. Slide 13: US$ Gold Price

    $400 $420 $440 $460 $480 $500 $520 $540 $560 $580 Jan-05 Feb-05 Mar-05 Gold price Apr-05 May-05 Jun-05 13 Jul-05 Aug-05 US$ Gold Price Sep-05 Oct-05 Nov-05 Dec-05 Jan-06

  14. Slide 14: Indicative Timetable

    Indicative Timetable Action Timing* Pre-lodgment roadshow 23 to 30 January Firm allocation closing date 1 February Despatch of firm allocation acceptances 1 February Lodge prospectus 2 February Opening of offer 9 February Closing of offer 9 March Despatch of holding statements 16 March Quotation on

  15. Slide 15: Investment summary

    Investment summary  Focused on advanced projects Lowers exploration risk with demonstrated but poorly- tested mineralisation  Immediate drilling targets Shortens timeframe to returns  Existing JORC resources Baseline value  Experienced management team Lowers execution risk with a successful trac

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