REIS 2013 Broken Hill - Convergent Minerals ASX:CVG


Published on

The 3rd annual Resources & Energy Investment Symposium (REIS) is on 19-22 May, once again held in the unique city of Broken Hill; Last year’s event exceeded the expectations of all that attended - including over 350 delegates, 12 keynote speakers and more than 30 resource companies presenting their investment opportunities.

A focus for this year’s symposium will be on the current economic climate including its challenges and opportunities, not only in the Australian resources industry, but Australia’s position in the international market.

Published in: Education, Technology, Business
  • Be the first to comment

  • Be the first to like this

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

REIS 2013 Broken Hill - Convergent Minerals ASX:CVG

  1. 1. Convergent Minerals Limited | ASX:CVGResources and Energy SymposiumBroken Hill, May 2013Edward Fry, Regional Geologist+1 million ounces of goldMt Holland Goldfield, WA
  2. 2. Convergent Minerals Limited | ASX:CVGImportant InformationThis presentation has been prepared by Convergent Minerals Limited (“Convergent” or the “Company”). It should not be considered as an offer or invitation tosubscribe 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 containsforecasts, projections and forward looking information. Such forecasts, projections and information are not a guarantee of future performance and involve unknownrisks and uncertainties, many of which are out of Convergent’s control. Actual results and developments will almost certainly differ materially from those expressed orimplied. Convergent has not audited or investigated the accuracy or completeness of the information, statements and opinions contained in this presentation. To themaximum extent permitted by applicable laws, Convergent makes no representation and can give no assurance, guarantee or warranty, express or implied, as to, andtakes no responsibility and assumes no liability for (1) the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omission from, anyinformation, statement or opinion contained in this presentation and (2) without prejudice to the generality of the foregoing, the achievement or accuracy of anyforecasts, projections or other forward looking information contained or referred to in this presentation. This overview of the Company does not purport to be allinclusive or to contain all information which its recipients may require in order to make an informed assessment of Convergent’s prospects. You should conduct yourown investigation and perform your own analysis in order to satisfy yourself as to the accuracy and completeness of the information, statements and opinionscontained in this presentation before making any investment decision.Competent Person’s StatementThe 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 ofthe Company. David is a Fellow of the Australasian Institute of Mining and Metallurgy (FAusIMM), a Member of the Australian Institute of Geoscientists (MAIG) and aMember of the Australian Institute of Company Directors (MAICD). David has sufficient experience which is relevant to the style of mineralisation and type of depositunder 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 Reportingof Exploration Results, Mineral Resources and Ore Reserves’. David consents to the inclusion in this presentation of the matters based on the information in the formand 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 theAustralasian Institute of Mining and Metallurgy (MAusIMM) and accredited as a Chartered Professional (CP) by the AusIMM in the Geology discipline. Robin Rankin isPrincipal Consulting Geologist and operator of independent geological consultancy GeoRes. He has sufficient experience which is relevant to the style of mineralizationand 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 ofthe matters based on his information in the form and context in which it appears.2DISCLAIMER
  3. 3. Convergent Minerals Limited | ASX:CVG 3Robert Reynolds – ChairmanGlenn Goodacre – Non-Exec DirectorJohn Haggman – Non-Exec DirectorDavid Price – Chief Executive OfficerHamlet Hacobian – Chief Financial OfficerEvan Spencer – Project ManagerShares On Issue 270.5 millionUnlisted Options 31.5 millionMarket Capitalisation A$ 5.4 millionCash (31st Mar, 2013) A$ 1.6 million52 week range A$ 0.015 - 0.043Management 9.1%•  1.16Moz JORC gold resource•  WA tenements•  Scoping study underway•  Experienced teamCONVERGENT OVERVIEW
  4. 4. Convergent Minerals Limited | ASX:CVG 4
  5. 5. Convergent Minerals Limited | ASX:CVG 5TwiningsGroup128,000ozBush PigRazorback38,000ozVan Uden238,000ozVictory18,000ozBountyGroup380,000ozMT HOLLAND: DEVELOPMENT PROJECTSBlue Vein365,000oz
  6. 6. Convergent Minerals Limited | ASX:CVG 6TwiningsGroup128,000ozBush PigRazorback38,000ozVan Uden238,000ozVictory18,000ozBountyGroup380,000ozDEVELOPMENT PROJECTS: VAN UDENBlue Vein365,000ozVan  Uden  JORC  Mineral  Resources  -­‐  February  20130.5g/t  low  grade  cut-­‐offResource Tonnes Gold Goldclass (t) (g/t) (oz)Measured 326,000 1.72 18,000Indicated 1,601,000 1.51 78,000Inferred 3,451,000 1.28 142,000Total 5,378,000 1.38 238,000
  7. 7. Convergent Minerals Limited | ASX:CVG17VAN UDEN DEPOSIT238,000oz Gold1.0kmBlock model0.5g/t Au cut
  8. 8. Convergent Minerals Limited | ASX:CVG 8TwiningsGroup128,000ozBush PigRazorback38,000ozVan Uden238,000ozVictory18,000ozBountyGroup380,000ozMT HOLLAND: DEVELOPMENT PROJECTSBlue Vein365,000oz
  9. 9. Convergent Minerals Limited | ASX:CVG 9TwiningsGroup128,000ozBush PigRazorback38,000ozVan Uden238,000ozDEVELOPMENT PROJECTS: BLUE VEINBlue Vein365,000ozBlue Vein JORC mineral resource - October 20120.5g/t cutResourve class oz % Tonnes (t) Au (g/t) Au (oz)Measured 39% 1,828,000 2.41 142,000Indicated 22% 1,153,000 2.14 79,000Inferred 39% 1,467,000 3.04 143,000Total 4,448,000 2.55 365,0001.5g/t cutMeasured 39% 950,000 3.77 115,000Indicated 21% 571,000 3.36 62,000Inferred 41% 731,000 5.17 122,000Total 2,252,000 4.12 298,000
  10. 10. Convergent Minerals Limited | ASX:CVG 10BLUE VEIN: LONG-SECTION2m @ 4.2g/t Au14.78m @ 13.39g/t Au3m @ 6.60g/t Au5m @ 4.20g/t Au5m @ 16.00g/t Au8m @ 8.10g/t Au6m @ 6.50g/t Au17m @ 14.90g/t Au12m @ 16.50g/t Au6m @ 8.60g/t Au9m @ 13.90g/t Au
  11. 11. Convergent Minerals Limited | ASX:CVG 11BLUE VEIN: DEPOSIT FLY-THROUGH
  12. 12. Convergent Minerals Limited | ASX:CVG 12HaulRoadsMT HOLLAND: EXISTING INFRASTRUCTUREWaterBorefieldAirstripWasteDumpsTailingsDamsHaulRoadsWasteDumpsMains ElectricityWasteDumpsOld CIPPlant
  13. 13. Convergent Minerals Limited | ASX:CVG 13•  +3km under-explored•  Only 24 shallow RAB holes9m @ 5.23g/t gold from surface(RAB drilling)2km238,000ozVAN UDEN: EXPLORATION POTENTIAL
  14. 14. Convergent Minerals Limited | ASX:CVG 141km•  Blue Vein strike potential•  Western structure previouslyunexplored•  CVG soil sampling returned 300mgold anomaly (max +1g/t Au)BLUE VEIN: EXPLORATION POTENTIAL
  15. 15. Convergent Minerals Limited | ASX:CVGMT HOLLAND: REGIONAL EXPLORATION15Stilton6m @ 44.6g/t AuIrish Breakfast16m @ 4.3g/t AuDreadnought4m @ 4.4g/t AuVictory15m @ 5.2g/t AuDefiance5m @ 6.42g/t Au
  16. 16. Convergent Minerals Limited | ASX:CVG• 1.16Moz JORC gold resource• Excellent infrastructure• Exciting projects• Scoping studies underway• Exploration potential• Experienced team16SUMMARY
  17. 17. Convergent Minerals Limited | ASX:CVGConvergent Minerals LimitedSuite 702, Level 7, 121 Walker StreetNorth Sydney NSW 2060Phone: +61 (0)2 9956 8750Contact