Nagambie Resources Limited · ASX:NAG
Nagambie Resources — Panaegis Gold Mines — Investor Presentation (October 2008)
22 slides from Nagambie Resources's investor presentation, October 2008
Slide 1: Investor Update – A small company on the way up
ASX Code: PAU “A small company on the way up” Issued Shares: 95.0 Million Price: 3.0 Cents Market Cap: $2.9 Million October 2008 INVESTOR UPDATE
Slide 2: Important Notice
Important Notice The information contained in this presentation is current as at 9 October 2008 and all statements are based upon the Company’s best information as at 9 October 2008. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense, ne
Slide 3: Panaegis Shareholders
PANAEGIS SHAREHOLDERS Significant Shareholders Cairnglen Investments Pty Ltd 12.4% Beaconsfield Gold Mines Pty Ltd 11.1% Mr Ralph Douglas Russell & Ms Ann Maree Hynes 9.5% Mr Michael Ward Trumbull 5.8% Top 20 65.4% Total Number of Shareholders 445
Slide 4: Panaegis Personnel
PANAEGIS PERSONNEL Directors Mike Trumbull Non-Executive Chairman Colin Glazebrook Executive Director, CEO & Exploration Manager Geoff Turner Non-Executive Director Executive Alfonso Grillo Company Secretary Joe Fekete CFO Sally Sutherland Senior Exploration Geologist Liz Fuller Heathcote Office Man
Slide 5: Panaegis Exploration Areas
Panaegis Exploration Areas
Slide 6: Melbourne - Bendigo Zone Licences
Melbourne - Bendigo Zone Licences Nagambie Group Redcastle/Heathcote Group Taradale Group
Slide 7: Nagambie Mine Site – MIN 5412
Image © 2008 DigitalGlobe © 2008 MapData Sciences FtyLtd, PSMA Google elev 138m Aug 31, 2006 Eye alt 2.21km PANAEGIS
Slide 8: Nagambie MIN 5412
NAGAMBIE MIN 5412 Panaegis now holds 100% of Nagambie MIN 5412, including 187 hectares of freehold land and facilities from the previous gold mining operation. MIN 5412 is a particularly valuable asset for Panaegis: 1. MIN 5412 itself contains obvious additional heap-leachable oxide gold targets awa
Slide 9: MIN 5412 – Oxide Gold Potential Areas
Panaegis Gold Mines Limited MIN 5412 – Oxide Gold Potential Areas Northern Waste Dump Stockpile 3 Oxide Potential Oxide Area Western Waste Dump Stockpile 4 Oxide Potential Potential Sand Area NRP 26 Oxide Potential
Slide 10: MIN 5412 Oxide Gold Targets
MIN 5412 OXIDE GOLD TARGETS The Nagambie Gold Mine was worked by the previous owner, Perseverance Corporation Limited, between 1990 and 1997. The operation produced approximately 135,000 ounces of gold from the heap leaching of 7.3 million tonnes of ore mined from two adjacent pits. Average head gra
Slide 11: Regional Exploration Strategy
REGIONAL EXPLORATION STRATEGY The aim is to establish significant oxide gold resources, typically averaging 1 to 2 g/t, that can be mined and trucked to MIN 5412 for heap leaching along with oxide ore from MIN 5412. Including the oxide targets on MIN 5412, Panaegis is targeting total heap-leachable
Slide 12: Trucking Distances to MIN 5412
RUSHWORTH PROJECT 50 km WHROO PROJECT 40 km 30 km NAGAMBIE REGIONAL 20 km HEATHCOTE NORTH PROJECT REDCASTLE PROJECT MIN5412 MIN5412 Ε GREYTOWN PROJECT MITCHELSTON PROJECT HEATHCOTE SOUTH PROJECT TRUCKING DISTANCES TO MIN 5412
Slide 13: Redcastle Goldfield
REDCASTLE GOLDFIELD Reef Line Mine Name Depth (m) Grade (g/t) Associated Mitchell Line Minerals Mitchells Reef u 18.4 Chapman and Babbage Reef 24 10.2 Welcome Line Welcome Reef 107 174.7 Antimony Why Not Reef u 2.1 New Breccia Line Curly Dog Reef 60 33.0 Antimony Beautiful Venice Reef 76 36.3 Native
Slide 14: Redcastle Project Reef Trends Tested by Costeaning Program
EL 3316 BOUNDARY REDCASTLE PROJECT REEF TRENDS TESTED BY COSTEANING PROGRAM
Slide 15: Heathcote South Goldfield
HEATHCOTE SOUTH GOLDFIELD Reef Line Mine Name Depth (m) Grade (g/t) Associated Argyle Line Minerals Golden Gully Reef u 25.8 Peters Gully Reef u 21.1 Argyle Reef u 67.4 William Tell Reef u 60.0 Butlers Line Alabama Reef 182 35.5 Butlers Reef 262 33.3 Whites Reef u 31.1 Bell Topper Reef u 51.2 Hermit
Slide 16: Heathcote South Project - Reef Trends to be Tested
Argyle Line EL 3316 BOUNDARY Butlers Line HEATHCOTE SOUTH PROJECT - REEF TRENDS TO BE TESTED BY COSTEANING PROGRAM
Slide 17: MIN 5412: Supplier of Rock for Road Making
MIN 5412: SUPPLIER OF ROCK FOR ROAD MAKING Before gold mining commenced at Nagambie in 1990, the site was a quarry supplying the local region. As a result of that gold mining operation, which ran until 1997, around 5 million tonnes of crushed rock and 10 million tonnes of uncrushed rock were placed
Slide 18: VicRoads and EPA
VICROADS AND EPA VicRoads gave a favourable report on the rock in the 1990’s and concluded that the stockpiled rock would make an excellent select or capping material or could be a suitable sub base material for road making. VicRoads subsequently used 200,000 tonnes of the crushed rock for construct
Slide 19: Nagambie Bypass
NAGAMBIE BYPASS VicRoads is carrying out pre- construction planning for the 17.4 km Nagambie bypass highway, an AusLink National Project. Road building is planned to start in 2010. The D1 route (green) was approved in July 2006 following a lengthy process of community consultation. It is understood
Slide 20: MIN 5412 – Waste Rock Stockpiles
Panaegis Gold Mines Limited MIN 5412 – Waste Rock Stockpiles East Stockpile Heap Leach Stockpile Uncrushed Rock Crushed & Uncrushed North Stockpile Uncrushed Rock Oxide Area West Stockpile Top Soil & Uncrushed Rock
Slide 21: Water in West Pit
Panaegis Gold Mines Limited Water in West Pit
Slide 22: Corporate: Cash and Nagambie Mining Limited
CORPORATE Cash 30 June 2008 $1,002,000 30 September 2008 $ 703,000 Nagambie Mining Limited With Nagambie MIN 5412 now clearly the most valuable asset of the Company and central to its exploration and development aims in central Victoria, the directors consider that a change of name to Nagambie Minin
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