Nagambie Resources Limited · ASX:NAG
Nagambie Resources — Nagambie Mining — Investor Presentation (November 2009)
38 slides from Nagambie Resources's investor presentation, Nov 24, 2009
Slide 1: Brief Review of 2009 and a Look at 2010
For personal use only Nagambie Mining Limited “BRIEF REVIEW OF 2009 AND A LOOK AT 2010” Issued Shares: 151.3 Million Price: 3.4 Cents Market Cap: $5.1 Million Colin Glazebrook
Slide 2: Important Notice
Important Notice The information contained in this presentation is current as at 24 November 2009 and all statements are based upon the Company’s best information as at 24 November 2009. Any estimates or projections as to events that may occur in the future (including projections of revenue, expense
Slide 3: Nagambie Personnel
NAGAMBIE PERSONNEL Directors For personal use only Mike Trumbull Non-Executive Chairman Colin Glazebrook Executive Director, CEO & Exploration Manager Geoff Turner Non-Executive Director - Exploration Executive Alfonso Grillo Company Secretary Joe Fekete CFO Liz Fuller Heathcote Office Manager Techn
Slide 4: Nagambie Shareholders
NAGAMBIE SHAREHOLDERS For personal use only Significant Shareholders 1. CAIRNGLEN INVESTMENTS PTY LTD 13.92 2. MR RALPH DOUGLAS RUSSELL + MS ANNE-MAREE HYNES 10.94 3. M W TRUMBULL 6.97 4. NORMET INDUSTRIES NOMINEE PTY LTD 5.51 Top 20 63.6% Total Number of Shareholders 429
Slide 5: Corporate
CORPORATE For personal use only Cash 30 September 2008 $ 703,000 30 September 2009 $1,127,000 Nagambie Mining Limited Fund Raising 2008 - 2009 • The Company’s Rights Issue (1 for 3 at 3.0 cents per share) 10 November 2008 received total subscriptions of approximately $401,000, representing a 42.2% t
Slide 6: Company Overview
COMPANY OVERVIEW For personal use only • Focused Operations: Exploration for shallow gold (oxide and reef) deposits in Victoria which is historically the second highest State in Australia for gold production and gold prospectivity but second last in exploration investment. Over 250 km2 of prospectiv
Slide 7: Why Victoria?
WHY VICTORIA? For personal use only Victoria has produced over 2,400 tonnes of gold - which is 32 per cent of all the gold mined in Australia and 2 per cent of all the gold ever mined in the world On a yield per area basis, Victoria has produced an average of 10.8kg of gold / km2 an order of magnitu
Slide 8: Nagambie Mining Limited - Project Areas
[__MAGAMBIE MIMING LIMITED - PROJECT AREAS |
Slide 9: Group Areas, Gold Fields & Licences
Group Areas, Gold Fields & Licences Historic For personal use only Group Area Project Name Licence Interest % Holder Goldfield EXPLORATION GROUP AREAS Nagambie Nagambie North Fontainbleau? EL 4887 100 Nagambie Nagambie South EL 4718 100 Sierra Nagambie EL 5023 100 Sierra Rushworth Rushworth EL 4723
Slide 10: Main Exploration Group Areas, Gold Fields & Prospects
Main Exploration Group Areas, Gold Fields & Prospects Historic Reef Reported For personal use only Exploration Historic Production Grade* Project Prospects Group Area Goldfield (tonnes) (g/t gold) Redcastle - Redcastle 11,489 29.8 Redcastle 6 Heathcote Toolleen 7,751 12.0 Heathcote North 3 Heathcote
Slide 11: Nagambie's Central Victorian Licences
Nagambie’s Central Victorian Licences For personal use only
Slide 12: Main Exploration Group Areas
MAIN EXPLORATION GROUP AREAS For personal use only
Slide 13: 1. Redcastle – Heathcote Group
1. REDCASTLE – HEATHCOTE GROUP Redcastle Project For personal use only • 33 km2 covering the old Redcastle Goldfield • Historic Goldfield averaged 29.8 g/tonne with average mine depth across the field of 56m • Encouraging 2006 - 2007 drilling results from the five (5) identified structural zones: 7m
Slide 14: Planned Costeans
For personal use only Planned Costeans
Slide 15: Redcastle Project
REDCASTLE PROJECT Example Structure For personal use only Target: Gold associated with stockwork quartz where oblique faults intersect thicker sandy units close to an anticlinal fold. As the folds plunge at a shallow angle to the south-east, multiple shoots can be expected, confined to repeating (or
Slide 16: 2. Nagambie Group
2. NAGAMBIE GROUP For personal use only Nagambie North Project • 34 km2 covering five (5) surface geochemical gold and 4 arsenic anomalies. • Anomalies are roughly coincident and have an elevated antimony association. • 2.5 km north of Nagambie Mine which produced over 134,000 ozs of gold from an ox
Slide 17: Anomaly Drill Plan
For personal use only Anomaly Drill Plan
Slide 18: Development Group Areas
DEVELOPMENT GROUP AREAS For personal use only
Slide 19: Nagambie MIN 5412
NAGAMBIE MIN 5412 For personal use only Nagambie holds 100% of MIN 5412, including 187 hectares of freehold land and facilities from the previous gold mining operation. MIN 5412 is a particularly valuable asset for Nagambie: • MIN 5412 itself contains potential additional heap-leachable oxide gold t
Slide 20: 1. Nagambie – MIN 5412
1. NAGAMBIE – MIN 5412 For personal use only
Slide 21: Oxide Gold Project
Oxide Gold Project • Mine produced 134,774 ounces of gold at 0.78 g/t For personal use only gold from original oxide gold deposit. • The exploration potential west of the West Pit is highlighted by hole NRP 26 which, intersected 24 metres at 1.0 g/t gold (including 6 metres at 2.2 g/t gold) in oxide
Slide 22: Oxide Drill Plan
For personal use only Oxide Drill Plan
Slide 23: Oxide Gold Project Extension Aircore Drilling
Oxide Gold Project Extension Aircore Drilling For personal use only
Slide 24: Regional Exploration Strategy
REGIONAL EXPLORATION STRATEGY The aim is to establish significant oxide gold resources from projects For personal use only within historic goldfields 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 ta
Slide 25: Project Trucking Distance
For personal use only Project Trucking Distance
Slide 26: Rehabilitation and Site Utilisation
Rehabilitation and Site Utilisation As part of the overall rehabilitation of the site during and after the For personal use only current exploration and anticipated mining activities, the Company will be investigating use of the stockpiles and other attributes of the site to realise its full potenti
Slide 27: MIN 5412 - Rock Stockpiles
MIN 5412 - ROCK STOCKPILES For personal use only Eastern Waste Dump Heap Leach Stockpile 2 Stockpile 1 Northern Waste Dump Stockpile 3 Western Waste Dump Oxide Area Stockpile 4
Slide 28: The Waste Rock Stockpiles
THE WASTE ROCK STOCKPILES For personal use only 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 3.6 million tonnes of crushed rock and 7.3 million tonnes of uncrushed rock exis
Slide 29: The Waste Rock Stockpiles - VicRoads/Coffey Information and EPA
THE WASTE ROCK STOCKPILES For personal use only VICROADS/COFFEY INFORMATION 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. Coffey I
Slide 30: The Heap Leach Stockpile
THE HEAP LEACH STOCKPILE For personal use only No quarrying is required and the dump contains the following estimated amounts of easily loaded and/or treatable onsite material: Total Volume 3.4 million cubic metres Crushed Rock (14mm top size) 3.6 million tonnes Uncrushed 1.4 million tonnes
Slide 31: The East Dump Stockpile
THE EAST DUMP STOCKPILE For personal use only The East Dump overburden was not subject to leaching with cyanide and the EPA has declared that the overburden is not mine tailings and is thus not a notifiable chemical product. Total Volume 1.1 million cubic metres Uncrushed 1.9 million tonnes
Slide 32: The North Dump Stockpile
THE NORTH DUMP STOCKPILE For personal use only Total Volume 2.3 million cubic metres Uncrushed 4.0 million tonnes
Slide 33: Sales Potential
SALES POTENTIAL For personal use only Since 1997, approximately 200,000 tonnes of the crushed rock and 160,000 tonnes of the uncrushed rock have been sold as part of the rehabilitation process. The most recent sales from the overburden stockpiles, during the 2007 and 2009 years, were of uncrushed ro
Slide 34: Nagambie Bypass
NAGAMBIE BYPASS For personal use only Construction will commence in late 2009 on the $270 million Bypass due for completion in late 2012. The project will be constructed in two sections: Northern duplication - a 3.5 km duplication of the existing highway north of Nagambie Main bypass - a new 13.5 km
Slide 35: 2009 - 2010 Programme
2009 - 2010 PROGRAMME For personal use only • Objectives: Continue investigation of shallow gold deposits in exploration group areas and progress the study of the full utilisation of MIN 5412 with particular emphasis on the use of the waste rock stockpiles. • Exploration Group Areas: REDCASTLE: Cost
Slide 36: Nagambie Share Price Past Months
NAGAMBIE SHARE PRICE PAST 12 MONTHS For personal use only
Slide 37: Comparison Peer Companies Share Price Past Months
COMPARISION PEER COMPANIES SHARE PRICE PAST 12 MONTHS CGT, CASTLEMAINE GOLDFIELDS ORD NAG, NAGAMBIE MINING ORD For personal use only SML, SYNERGY METALS ORD MCO, MORNING STAR ORD
Slide 38: Gold Price in AUD/oz
5 Year Gold Price in AUD/oz Last Close; 1253.80 High: 1546.00 Low: 536.43 «673.73 116.14% 1600 1500 1400 1300 1200 1100 1000 900 600 700 600, 500 400 goldprice.org 2005 2007 2008 2009 Friday, November 20, 2009 @reambie mining
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