Terrain Minerals Ltd · ASX:TMX
Terrain Minerals — Investor Presentation (May 2006)
23 slides from Terrain Minerals's investor presentation, May 2006
Slide 1: Investor Presentation
INVESTOR PRESENTATION May 2006
Slide 2: Executive Summary
EXECUTIVE SUMMARY • Current gold resource base of 229,000oz. • Successful initial Celtic exploration program post-23 March listing. • Portfolio of mostly advanced 100%-owned exploration projects. • Celtic - 195,000oz resource; 1.5km mineralised zone confirmed • Redcastle – high gold grades; little o
Slide 3: Corporate Structure
CORPORATE STRUCTURE Capital Structure: • Issued shares: 52.8 million • Issued options: 9.7 million • Share price: $0.18 • Market capitalisation: $9.5 million • ASX Code: TMX • Cash @ 31 March 2006: $5.2 million Major shareholders: • St Barbara Limited (17.1%) • Denton Pty Ltd (7.6%)
Slide 4: Business Strategy
BUSINESS STRATEGY Exploration Strategy: • Focus on Eastern Goldfields of Western Australia. • Projects to include known mineralisation. • Projects preferably with ore grade intercepts. • Projects to preferably include resources/reserves. • Projects with insufficient or no modern exploration techniqu
Slide 5: Board Composition
BOARD COMPOSITION • Daniel Tucker (Chairman) Over 20 years experience in the mining industry and holds directorship in Carey Mining (Managing Director and Founder). Studied Geology at Curtin University and was awarded the Outstanding Manager award in the 2003 Corporate Leaders for Indigenous Employm
Slide 6: Celtic Project Location Map
LEGEND [EY Granitoia ‘2 Major deposits {__}) Greenstone O Projects [EY Dolerite Dyke Main roads 20 kilometres Location Map
Slide 7: Celtic Project Resource Table
CELTIC PROJECT Resource Table Deposit Tonnes Grade (g/t Au) Ounces Celtic 1,087,677 1.66 58,050 Wonder North 1,978,328 2.13 136,541 TOTALS 3,066,005 1.96 194,591
Slide 8: Celtic Project: Drilling Targets
Celtic Project: Drilling Targets
Slide 9: Celtic Open Cut (looking east)
se Celtic Open Cut (looking east) SOOTY TERRAIN MINERALS LTD CELTIC PROJECT
Slide 10: Celtic Project Wonder North Drilling Summary
4000mN 3800mN 3600mN, 3400mN 3200mN “WNRC 202 2m @ 1.42.9 Au (HW Lode) | Open along Hat “fl WNRC 204 19m @ 2.43 g/t Au (Main Lode) py. |} 2000mE WNRC 201 37m @ 1.00 g/t Au (Main Lode) ita gY |WNRC 200 12m @ 2.78 gt Au (Main Lode) . VY WNRC 199 54m @ 1.26 g/t Au (Main Lode) po y 4 1800mE d a, | WNRC
Slide 11: Shear Hosted: Wonder North Open Cut
Shear Hosted Wonder North Open Cut (looking east) za . nil — Ore Zone Poe Pee . alt WEIS VR ev i ers, ‘Site oemeaioa aa TERRAIN MINERALSLTD |= : 3 Seimei TERRAIN CELTIC PROJECT Nee RS aes 2 oa
Slide 12: Celtic Project Wonder North Cross-Section 321650E
s00mRL 450mRL 400mRL \ Open Cut previous resource estimate Ore outline determined by \ Zone \ WONDER NORTH pometzes ZEIN_ Cross-Section 321650E TERRAIN Number of shallow N-S holes and wimerats drill intercepts inside open pit omitted CELTIC PROJECT
Slide 13: Celtic Project Wonder North Cross-Section 321850E
CELTIC PROJECT WONDER NORTH ZIN Cross-Section 321850E TERRAIN Number of shallow N-S holes with Pe aS significant intercepts omitted
Slide 14: Redcastle Project Location Map
REDCASTLE PROJECT Location Map
Slide 15: Redcastle Project
395000mE 397000mE | — 6794000mN Redcastle Mining Centre 2,400t @ 23.0g/t gold id Ss a i ey Shear hosted quartz vein systems gf 2, ? “Sa. Major shear 26.2 26.2g/t gold P Nicks Prospect Redcastle Project 29 }— 6790000mN, 1000m 28.4 - R A au 5A 26.2 ee ee 4.9 aa a woe *edcasqe— ee ine ? 6794000mN 67900
Slide 16: Coogee Project
COOGEE PROJ ECT \ Sane : ~~ prospective MA r » 4 “gold horizon \\ ¢ 7 S vn <-—-—-—-— Lake Lefroy LEGEND 42) Nickel Mine A TEM Anomaly Komatite Major Shear TERRAIN MINERALS LTD Gold deposit Coogee Project Gold prospect TERRAIH
Slide 17: Coogee Project Resource Table
Coogee Project Resource Table Coogee Gold Deposit Resource (>1.0g/t gold cut-off) Tonnes Grade (g/t gold) Ounces Indicated 137,800 4.12 18,250 Resource Inferred 139,700 3.70 16,620 Resource Total Resources 277,500 3.91 34,870
Slide 18: Coogee Deposit Pit Optimisation Study – May 2006
Coogee Deposit Pit Optimisation Study – May 2006
Slide 19: Coogee Gold Deposit Long Section – Pit Shell
Coogee Gold Deposit Long Section – Pit Shell May 2006
Slide 20: Euro Project Location Map
LEGEND [ES Granitoia [J Greenstone ——— Main roads 42 Major deposits © Projects 15 kilometres URO PROJECT | Location Map
Slide 21: Euro Prospect v Granny Smith Deposit Comparison
EURO PROJECT COMPARISON EURO PROSPECT V GRANNY SMITH DEPOSIT Granny Smith Deposit Euro Prospect Located on NW striking shear system Located on NW striking shear system Shallow East dipping shears Shallow East dipping shear Gold located in flat to moderately Mineralised zone flat to shallow dipping l
Slide 22: Exploration Program June to December 2006
EXPLORATION PROGRAM JUNE TO DECEMBER 2006 CELTIC: ¾ Model Celtic & Wonder N. gold deposits Air magnetic survey. ¾ 5,000m RC/DD drilling program ND (2 ½ 2006-7: 10,000m RC/DD drill program) Objective: Increase current 200,000 oz resource to 500,000 oz by June 2007 COOGEE: ¾ Review & model Coogee gold
Slide 23: Important Notice
Important Notice This presentation has been prepared by Terrain Minerals Limited (“Terrain”) as a summary of the Company, its minerals assets and its plans to explore its tenements and for general information purposes only. This presentation is not and should not be considered as an offer or invitat