Building(aleading(( copper&goldcompany( · 2013-03-21 · Overview 1 Highlights’ 2 Leadership’...
13
Building a leading copper & gold company Corporate Presenta6on March 2013 For personal use only
Transcript of Building(aleading(( copper&goldcompany( · 2013-03-21 · Overview 1 Highlights’ 2 Leadership’...
Building a leading copper & gold company
Corporate Presenta6on
March 2013
For
per
sona
l use
onl
y
Overview
1 Highlights
2 Leadership
3 Project Por6olio
4 Project Profiles
5 Coking Coal JV
6 HSE & Community
Contact Details
For
per
sona
l use
onl
y
Highlights
Capital Structure (A$) Last trade 7.2 c
Issued shares 199.2 m
Market capitaliza6on $14.3 m
Cash $7.5 m
Enterprise Value $6.9 m
Building a leading copper and gold company
Strategic Investors Sakari Energy (PTT) 12.4%
The Noble Group 9.0%
One of the last great explora6on fron6ers: highly mineralised and vastly underexplored mineral belts known to host large deposits
Culture of explora6on: project generaPon through boQom-‐up exploraPon and deep regional knowledge led experienced geoscienPsts
A strategic posi6on in emerging mineral belts: por6olio of exploraPon assets with idenPfied high priority targets
Strong project execu6on: exploraPon team with decades of combined experience running exploraPon programs under Mongolian condiPons
Experienced management: proven record of mine discovery and development with a strong team built over two decades
Value Crea6on: through project generaPon, prospect ranking and prioriPzaPon and Pght capital management
Leadership Chairman Denis Gately
CEO George Lloyd
CFO Mark Langan
Chief Geologist Andrew Stewart
Exec. Director Ganbayar Lkhagvasuren
For
per
sona
l use
onl
y
Leadership
Mr Denis Gately Chairman
Denis is a commercial/corporate lawyer, with over 30 years’ experience in the resources sector. He was a partner at law firm Minter Ellison and led the firm’s resources and energy industry. He was a director of Gloucester Coal Ltd during its recent merger with Yancoal.
Mr George Lloyd Chief ExecuPve Officer
George is an engineer with 12 years of corporate finance and direct investment experience in the natural resources sector including substanPal experience in Mongolia and other resource-‐rich emerging markets.
Mr Mark Langan Chief Financial Officer
Mark is a Chartered Accountant with 25 years experience in public pracPce and commerce. He has worked companies with operaPons in the Asia Pacific region and has substanPal listed company experience.
Mr Andrew Stewart Chief Geologist
Andy is a geologist with +15 yrs mineral exploraPon, project generaPon & evaluaPon across several commodiPes with Vale and Ivanhoe. Specialist in Asian Copper & Gold ExploraPon.
Mr Ganbayar Lkhagvasuren ExecuPve Director
Ganbayar has over 15 years experience in the resource sector in Mongolia. Extensive network of high level contacts in government and business throughout Mongolia.
The Noble Group
Mrs Hannah Badenach Non ExecuPve Director
Hannah is VP of Asset Development & OperaPons at Noble Resources Limited. A lawyer with several years experience in Asia. Hannah was MD of QGX Mongol LLC from 2006 unPl the company was sold in 2008.
Strong team with a balance of technical and commercial experience in natural resources
For
per
sona
l use
onl
y
Project Por6olio Copper-‐gold & gold strategy based on exploring newly recognised mineral districts (emerging belts)
For
per
sona
l use
onl
y
Project Por6olio
Phase 3 -‐ Mineralised Prospects • Prospects containing drill intersecPons of
mineralised width and grade which would be economic if a sufficient tonnage was located.
Phase 2 -‐ Anomalous Prospects • Strongly anomalous geochemical results • Exploratory drilling • First approach on ore/deposit
quality and infra-‐structure
Elgen Uul
?
Suug
Oyut Ulaan
Phase 4 -‐ Mineral Deposits • Prospects containing mineralisaPon of a sufficient
Inferred width, grade and potenPal tonnage to warrant the esPmaPon of resources
• Economic evaluaPon
Sharchuluut Uul
Phase 1 -‐ Areas of Interest • Conceptual exploraPon models • Favourable host rocks, structures and/or geophysics
South Gobi Explora6on Licenses Argalant Uul & Amgalant
Zost Uul
Discovery
ConfirmaPon of Resources
High Priority Project
Medium Priority Projects
Long Term Strategy
Aggressive & focused explora6on • ExploraPon discovery remains our key driver for value adding growth and for maximising shareholder returns over the long term. A
key objecPve of our copper-‐gold & gold exploraPon strategy is based on exploring newly recognised mining or mineral districts (emerging belts). The principal targets for XAM’s exploraPon are porphyry copper-‐gold & epithermal gold deposits.
For
per
sona
l use
onl
y
Oyut Ulaan
A significant gold-‐rich porphyry copper district with numerous mineralised porphyry centres
South West (7660) 1.78 g/t Au, 1.78% Cu Stockwork (7661) 1.74% Cu, 1.06 g/t Au
Stockwork (7662)
2.18% Cu & 0.66g/t Au
Tourmaline (7659) 15% Cu & 33g/t Ag
• Located within the Dornogovi Province • XAM to earn 100% on a staged basis • Subject to regulatory approval under
the new foreign investment law
Au-‐rich Porphyry Copper District • Large district (40 square kilometres) • Moderately-‐eroded porphyry
environment • High grade, Au-‐rich structurally
controlled porphyry systems with walk-‐up drill targets
• FerPle, oxidized, mineralised monzoniPc intrusions and copper-‐mineralised magnePte skarns is reminiscent of the Cadia Cu-‐Au porphyry deposits in NSW Australia
For
per
sona
l use
onl
y
Sharchuluut Uul Poten6al for large copper-‐gold resource close to infrastructure
Regional air magnetic data taken JICA
Hydrothermal / magmatic breccia Magnetite veins (A veins)
• Bulgan Province of Mongolia, approximately 230km NW of Ulaanbaatar
• Approximately 40km NW of the world-‐class Erdenet Cu-‐Mo deposit • Rail & road infrastructure is nearby and well-‐developed
Erdenet Porphyry Trend • Project strategically located within 40km of world class Erdenet
mine • Operated by Erdenet Mining CorporaPon • Giant porphyry Cu-‐Mo deposit (2.370 Mt @ 0.38% Cu & 0.013% Mo) • Annual producPon 20 to 25 Mt @ 0.65% Cu
Sharchuluut project • High potenPal to discover a large satellite deposit(s) to the Erdenet • Porphyries typically occur in clusters • Poorly explored (current drilling is relaPvely shallow)
For
per
sona
l use
onl
y
Elgen Zost Uul
A low-‐sulphida6on epithermal gold with numerous drill targets and untested prospects
Exposed silica sinters at Suuj Elgen Uul Prospect Zost Uul Prospect
• Located within the Dornogovi Province of Mongolia • XAM currently holds 80% through a joint venture • Three shallowly eroded epithermal • Excellent potenPal for the discovery of a mulP-‐million ounce Au
deposit with bonanza grade shoots
Large License holding • Regional Landsat & geochemical anomalies held by Xanadu • 4 exploraPon licenses covering approximately 401km²
Regional Geology • Mesozoic ConPnental extension • Bimodal volcanism associated with extension • Two exploraPon targets (1) High grade quartz-‐adularia epithermal veins (2) Low grade bulk tonnage silicified breccia's (Zost & Suug)
For
per
sona
l use
onl
y
Amgalant & Argalant
Targe6ng porphyry Cu-‐Au & epithermal Au deposits in known Mineral Belts • Aggressive Project GeneraPon
• Emerging World-‐class Porphyry Belt
Amgalant (15157X) & Argalant (15259X) • Along strike from OT & Tsagaan Suvarga Cu-‐Mo deposits
• Numerous geochemical & geophysical anomalies
• Shallowly eroded Cu ± Mo-‐Au porphyry environment
• Large untested geophysical targets idenPfied
Argalant Prospect
Stockwork outcrop Cu Stockwork Porphyry veins
Cu Stockwork Oxide Cu mineralisation
Amgalant Prospect
For
per
sona
l use
onl
y
Coking Coal JV
Mongolian Coking Coal alliance with The Noble Group
• Ekhgoviin Chuluu LLC joint venture company with each party holding 50% • Experienced JV partner validates exploraPon and project generaPon model • Increased access to markets (China & Pacific coast ports) • Ability to fast track project development • Three highly prospecPve projects acquired in 2011/12 • Laboratory results confirm high quality coking coal at Nuurstei
Nuurstei Coking Coal Project is a highly prospec6ve coking coal project • Middle to Upper Triassic coal bearing sedimentary package • Numerous moderately dipping thick coal seams • 3,000m reconnaissance drill program completed • IniPal Laboratory results confirm high quality coking coal
Khavtsgait Coal Project is a highly prospec6ve coking coal project • Mesozoic coal bearing sedimentary package • Numerous moderately dipping thick coal seams
Javkhlant Coal Project is a highly prospec6ve coking coal project • The large (1,005km²) exploraPon license lies along the south Gobi Basin which
is known to host premium coking coal deposits of Permian and Carboniferous age
For
per
sona
l use
onl
y
HSE & Community
Health and Safety • Proven Environmental Stewardship
• Xanadu is commiQed to the principles of workplace health and safety
as per the Workplace Safety and Hygiene Law of Mongolia
• Strong safety culture based on visible and effecPve leadership, ongoing
educaPon, training, provision of effecPve tools and equipment
Environmental Management • Xanadu's standards, strategies, targets and systems are all designed to
manage environmental risks
• To facilitate educaPon of employees & contractors in relaPon to their
roles and responsibiliPes in environmental management in respect to
the Company's acPviPes
Xanadu's approach to corporate social responsibility • Communicate honestly and transparently with stakeholders & the
broader investment community
• Guided by transparency, respect for stakeholders rights, protecPon of
the environment, and seek to improve the quality of life in the
communiPes in which the company operates
• Assist and support regional development, training, community based
projects and small business opportuniPes
For
per
sona
l use
onl
y
Summary
www.xanadumines.com
Informa6on Not A Recommenda6on
The views expressed in this presentaPon are based on informaPon derived from Xanadu's own internal sources and from publicly available sources that have not been independently verified by Xanadu. No representaPon, warranty or undertaking, express or implied, is made or given by Xanadu or any of its officers or employees as to the fairness, accuracy, completeness or reliability of that informaPon. This presentaPon should not be relied upon as a recommendaPon or forecast by Xanadu. Any recipient of this presentaPon is responsible for conducPng their own due diligence and other enquiries as to the informaPon provided herein. Recipients of this presentaPon should seek and rely upon their own legal, tax, financial and accounPng advice. Any decision to rely on the informaPon contained in this presentaPon is the sole responsibility of the recipient of this document and Xanadu will not be responsible for any loss incurred by the recipient as a result of any acPons taken by them relying on the informaPon in this presentaPon. InformaPon on the Company’s exploraPon results is sourced from informaPon compiled by Dr. Andrew Stewart. Dr. Stewart is an employee of Xanadu Mines and is a Member of the Australasian InsPtute of GeoscienPsts and has sufficient experience in the areas being reported on to qualify as the “Competent Person” as defined in the 2004 EdiPon of the “Australasian Code for the ReporPng of Mineral Resources and Reserves”. Dr. Stewart consents to the informaPon in the form and context in which it appears.
George A. Lloyd MNG: +976 9400 9211 Chief ExecuPve Officer HK: +852 6397 3308 [email protected] Andrew Stewart MNG: +976 9999 9211 Chief Geologist Office: +976 5011 0211 [email protected]
For
per
sona
l use
onl
y
