Convergent Minerals presentation, Resources Roadshow July 2013

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Investor presentation given by Convergent Minerals' Chief Executive Officer, David W. Price.

Investor presentation given by Convergent Minerals' Chief Executive Officer, David W. Price.

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  • 1. Convergent Minerals Limited | ASX:CVG Symposium Resources Roadshow Sydney and Melbourne, July 2013 David W Price, Chief Executive Officer +1 million ounces of gold Mt Holland Goldfield, WA
  • 2. Convergent Minerals Limited | ASX:CVG Important Information This presentation has been prepared by Convergent Minerals Limited (“Convergent” or the “Company”). It should not be considered as an offer or invitation to subscribe for, or purchase any, securities in the Company or as an inducement to make an offer or invitation with respect to those securities. This presentation contains forecasts, projections and forward looking information. Such forecasts, projections and information are not a guarantee of future performance and involve unknown risks and uncertainties, many of which are out of Convergent’s control. Actual results and developments will almost certainly differ materially from those expressed or implied. Convergent has not audited or investigated the accuracy or completeness of the information, statements and opinions contained in this presentation. To the maximum extent permitted by applicable laws, Convergent makes no representation and can give no assurance, guarantee or warranty, express or implied, as to, and takes no responsibility and assumes no liability for (1) the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omission from, any information, statement or opinion contained in this presentation and (2) without prejudice to the generality of the foregoing, the achievement or accuracy of any forecasts, projections or other forward looking information contained or referred to in this presentation. This overview of the Company does not purport to be all inclusive or to contain all information which its recipients may require in order to make an informed assessment of Convergent’s prospects. You should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinions contained in this presentation before making any investment decision. Competent Person’s Statement The information in this presentation that relates to Exploration Results and Mineral Resources is based on information compiled by David W. Price who is an Officer of the Company. David is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM) and a Member of the Australian Institute of Geoscientists (MAIG). David has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. David consents to the inclusion in this presentation of the matters based on the information in the form and context in which it appears. The information in this Document that relates to Mineral Resources at Blue Vein is based on information compiled by Robin Rankin, who is a Member of the Australasian Institute of Mining and Metallurgy (MAusIMM) and accredited as a Chartered Professional (CP) by the AusIMM in the Geology discipline. Robin Rankin is Principal Consulting Geologist and operator of independent geological consultancy GeoRes. He has sufficient experience which is relevant to the style of mineralization and type of deposit under consideration, and to the activity which he is undertaking, to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’ (the JORC Code). He consents to the inclusion in this presentation of the matters based on his information in the form and context in which it appears. 2 DISCLAIMER
  • 3. Convergent Minerals Limited | ASX:CVG 3 Robert Reynolds – Chairman Glenn Goodacre – Non-Exec Director John Haggman – Non-Exec Director David Price – Chief Executive Officer Hamlet Hacobian – Chief Financial Officer Evan Spencer – Project ManagerShares On Issue 270.5 million Unlisted Options 6.5 million Market Capitalisation A$ 4.06 million Cash (31st Mar, 2013) A$ 1.6 million 52 week range A$ 0.015 - 0.043 Management 9.1% CONVERGENT OVERVIEW • Gold-focused Company • Western Australian-focused • Proven producing goldfield • 1.16Moz gold in JORC resource • No debt • Scoping study nearing completion • Experienced technical and management team • Excellent Infrastructure • Close to Perth • Substantial exploration potential
  • 4. Convergent Minerals Limited | ASX:CVG 4
  • 5. Convergent Minerals Limited | ASX:CVG 5 Twinings Group 128,000oz Bush Pig Razorback 38,000oz Van Uden 238,000oz Victory 18,000oz Bounty Group 380,000oz MT HOLLAND: DEVELOPMENT PROJECTS Blue Vein 364,000oz
  • 6. Convergent Minerals Limited | ASX:CVG 6 Haul Roads MT HOLLAND: EXISTING INFRASTRUCTURE Water Borefield Airstrip Waste Dumps Tailings Dams Haul Roads Waste Dumps Mains Electricity Waste Dumps Old CIP Plant
  • 7. Convergent Minerals Limited | ASX:CVG 7 MT HOLLAND: EXISTING INFRASTRUCTURE Mains electricity substation t Holland CIL processing plant
  • 8. Convergent Minerals Limited | ASX:CVG 8 Twinings Group 128,000oz Bush Pig Razorback 38,000oz Van Uden 238,000oz DEVELOPMENT PROJECT: BLUE VEIN Blue Vein 364,000oz Resource Class Oz % Tonnes (t) Au (g/t) Au (oz) Measured 39% 1,828,000 2.41 142,000 Indicated 22% 1,153,000 2.14 79,000 Inferred 39% 1,467,000 3.04 143,000 Total 4,448,000 2.55 364,000 Measured 37% 422000 5.84 79000 Indicated 18% 199000 5.76 37000 Inferred 45% 337000 8.72 95000 Total 958,000 6.84 211,000 Measured 35% 228000 7.7 57000 Indicated 16% 104000 7.7 26000 Inferred 48% 199000 12.27 78000 Total 531,000 9.41 161,000 0.5g/t cut 3.0g/t cut Blue Vein JORC Mineral Resource - October 2012 4.5g/t cut
  • 9. Convergent Minerals Limited | ASX:CVG 9 BLUE VEIN: DEPOSIT FLY-THROUGH
  • 10. Convergent Minerals Limited | ASX:CVG MT HOLLAND: BLUE VEIN PROJECT 10 Tailings Storage Facility BLUE VEIN GOLD MINE BLUE VEIN NORTH DEPOSIT BRIE PROSPECT
  • 11. Convergent Minerals Limited | ASX:CVG 11 Twinings Group 128,000oz Bush Pig Razorback 38,000oz Van Uden 238,000oz Victory 18,000oz Bounty Group 380,000oz DEVELOPMENT PROJECT: VAN UDEN Blue Vein 365,000oz Resource Class Oz % Tonnes (t) Au (g/t) Au (oz) Measured 8% 326,000 1.72 18,000 Indicated 33% 1,601,000 1.51 78,000 Inferred 60% 3,451,000 1.28 142,000 Total 5,378,000 1.38 238,000 Measured 8% 200000 2.34 15000 Indicated 35% 975000 2.02 63000 Inferred 57% 1675000 1.89 102000 Total 2,850,000 1.96 180,000 Measured 9% 125000 3.02 12000 Indicated 36% 570000 2.58 47000 Inferred 55% 892000 2.47 71000 Total 1,587,000 2.55 130,000 0.5g/t cut 1.0g/t cut Van Uden JORC Mineral Resource - February 2013 1.5g/t cut
  • 12. Convergent Minerals Limited | ASX:CVG 1 km VAN UDEN PROJECT Gold mineralisation above 1g/t Au VAN UDEN: DEPOSIT FLY-THROUGH
  • 13. Convergent Minerals Limited | ASX:CVG MT HOLLAND: VAN UDEN PROJECT 13 ZEEHAN DEPOSIT DIEMAN GOLD MINE TASMAN GOLD MINE KIRK DEPOSIT HEEMS DEPOSIT BLUE HAZE GOLD MINE
  • 14. Convergent Minerals Limited | ASX:CVG 14 MT HOLLAND: SCOPING STUDY – RANGE OF OPTIONS Blue Vein • High grade underground mining (uphole retreat stoping) • Open cut and underground options for Blue Vein North • On-site CIL scoping for both oxide and fresh ore • Toll treatment of both open cut and underground ore Van Uden • Lower grade open pit mining • On-site heap leach scoping for open cut oxide ore • On-site CIL scoping for both oxide and fresh ore
  • 15. Convergent Minerals Limited | ASX:CVG 15 MT HOLLAND: SCOPING STUDY – INPUT COMPONENTS  Pit optimisation studies  Conceptual mine designs  Initial metallurgical testwork  Process water bores inspected for reuse  CIL plant condition report commissioned
  • 16. Convergent Minerals Limited | ASX:CVG MT HOLLAND: ORGANIC GROWTH 16 Stilton 6m @ 44.6g/t Au Irish Breakfast 16m @ 4.3g/t Au Dreadnought 4m @ 4.4g/t Au Victory 15m @ 5.2g/t Au Defiance 5m @ 6.42g/t AuDrake 9m @ 5.23g/t Au
  • 17. Convergent Minerals Limited | ASX:CVG MT HOLLAND: BUSH PIG / RAZORBACK PROJECTS 17 RAZORBACK GOLD MINE BUSH PIG GOLD MINE SQUEALER DEPOSIT
  • 18. Convergent Minerals Limited | ASX:CVG MT HOLLAND: JASMINE / DARJEELING / EARL GREY PROJECTS 18 Tailings Storage Facility JASMINE GOLD MINE DARJEELING GOLD MINE EARL GREY GOLD MINE IRISH BREAKFAST DEPOSIT STILTON DEPOSIT
  • 19. Convergent Minerals Limited | ASX:CVG 19 CONVERGENT: A STAND-OUT MICROCAP • No debt • Commodity-focused (gold) • Geographically-focused (WA) • Proven producing goldfield • 1.16Moz gold in JORC resource • Detailed scoping study nearing completion • Experienced technical and management team • Excellent Infrastructure • Close to Perth • Substantial exploration potential
  • 20. Convergent Minerals Limited | ASX:CVG Convergent Minerals Limited Suite 702, Level 7, 121 Walker Street North Sydney NSW 2060 Phone: +61 (0)2 9956 8750 Contact us info@convergentminerals.com www.convergentminerals.com