Your SlideShare is downloading. ×
0
+1 million ounces of gold
Mt Holland Goldfield, WA
Gold Symposium
Luna Park Sydney, October 2013
David W Price, Chief Exec...
BLUE VEIN: AN IMPRESSIVE START

Convergent Minerals Limited | ASX:CVG

2
DISCLAIMER
Important Information
This presentation has been prepared by Convergent Minerals Limited (“Convergent” or the “...
CONVERGENT OVERVIEW
• Gold company

• Western Australian focused
• Proven producing goldfield
• 1.16Moz gold in JORC resou...
Convergent Minerals Limited | ASX:CVG

5
MT HOLLAND: DEVELOPMENT PROJECTS
Twinings
Group
128,000oz

Bush Pig
Razorback
38,000oz
Van Uden
238,000oz
(80% CVG)

Bount...
MT HOLLAND: EXISTING INFRASTRUCTURE

Waste
Dumps

Haul
Roads

Tailings
Dams
Old CIP
Plant
Airstrip

Mains Electricity
Haul...
MT HOLLAND: EXISTING INFRASTRUCTURE

Mains electricity substation

Mt Holland CIL processing plant
Convergent Minerals Lim...
DEVELOPMENT PROJECT: BLUE VEIN
Blue Vein JORC Mineral Resource - October 2012

Twinings
Group
Tonnes (t) Au (g/t)
Au (oz)
...
BLUE VEIN

• Strong, consistent gold
• Vertical mineralisation
• Deepest hole is 300m
below the pit floor
• Open at depth
...
MT HOLLAND: BLUE VEIN PROJECT
Tailings Storage Facility

BRIE PROSPECT

BLUE VEIN NORTH DEPOSIT

BLUE VEIN GOLD MINE

Conv...
MT HOLLAND: SCOPING STUDY – STRONG RETURNS
Blue Vein
•

High grade resource (+5.5g/t Au)

•

In-pit decline access

•

Und...
MT HOLLAND: FEASIBILITY – INPUT COMPONENTS
• Granted Mining Leases = reduced approval timeframe
• In-fill drilling to incr...
MT HOLLAND: VAN UDEN PROJECT (80% CVG)

BLUE HAZE GOLD MINE
ZEEHAN DEPOSIT
TASMAN GOLD MINE
KIRK DEPOSIT
HEEMS DEPOSIT
14
...
MT HOLLAND: BUSH PIG / RAZORBACK PROJECTS

SQUEALER DEPOSIT
RAZORBACK GOLD MINE

BUSH PIG GOLD MINE

Convergent Minerals L...
MT HOLLAND: JASMINE / DARJEELING / EARL GREY PROJECTS
Tailings Storage Facility

STILTON DEPOSIT

EARL GREY GOLD MINE
IRIS...
MT HOLLAND: ORGANIC GROWTH

Irish Breakfast
16m @ 4.3g/t Au

Dreadnought
4m @ 4.4g/t Au

Stilton
6m @ 44.6g/t Au

Victory
...
CONVERGENT: A STAND-OUT MICROCAP
• Commodity-focused (gold)
• Experienced technical and management team

• Proven producin...
Contact us
Convergent Minerals Limited
Suite 702, Level 7, 121 Walker Street
North Sydney NSW 2060
Phone: +61 (0)2 9956 87...
Upcoming SlideShare
Loading in...5
×

Gold 2013 Sydney - Convergent Minerals ASX:CVG

150

Published on

Investor Presentation at the Gold Investment Symposium in Sydney, 16-17 October 2013. Presentation given by Convergent Minerals' Managing Director, David Price.

Published in: Technology, Business
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
150
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Transcript of "Gold 2013 Sydney - Convergent Minerals ASX:CVG"

  1. 1. +1 million ounces of gold Mt Holland Goldfield, WA Gold Symposium Luna Park Sydney, October 2013 David W Price, Chief Executive Officer Convergent Minerals Limited | ASX:CVG
  2. 2. BLUE VEIN: AN IMPRESSIVE START Convergent Minerals Limited | ASX:CVG 2
  3. 3. DISCLAIMER 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), a Member of the Australian Institute of Geoscientists (MAIG) and a Member of the Australian Institute of Company Directors (MAICD). 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. Convergent Minerals Limited | ASX:CVG 3
  4. 4. CONVERGENT OVERVIEW • Gold company • Western Australian focused • Proven producing goldfield • 1.16Moz gold in JORC resource • No debt • Scoping study completed • Experienced technical and management team Robert Reynolds David Price Glenn Goodacre John Haggman Hamlet Hacobian Evan Spencer Shareholder • Close to Perth Directors Shares (M) Rogo Investments Pty Ltd Navigator Australia Ltd Bellarine Gold Pty Ltd Technica Pty Limited Blue Lake Resources P/L • Substantial exploration upside – Chairman – Chief Executive Officer – Non-Exec Director – Non-Exec Director – Chief Financial Officer – Project Manager • Excellent infrastructure % 17.1 14.9 12.5 11.0 7.7 25.6 Convergent Minerals Limited | ASX:CVG 6.3 5.5 4.6 4.1 2.8 9.5 4
  5. 5. Convergent Minerals Limited | ASX:CVG 5
  6. 6. MT HOLLAND: DEVELOPMENT PROJECTS Twinings Group 128,000oz Bush Pig Razorback 38,000oz Van Uden 238,000oz (80% CVG) Bounty Group 380,000oz Victory 18,000oz Blue Vein 364,000oz Convergent Minerals Limited | ASX:CVG 6
  7. 7. MT HOLLAND: EXISTING INFRASTRUCTURE Waste Dumps Haul Roads Tailings Dams Old CIP Plant Airstrip Mains Electricity Haul Roads Water Borefield Waste Dumps Waste Convergent Minerals Limited | ASX:CVG Dumps 7
  8. 8. MT HOLLAND: EXISTING INFRASTRUCTURE Mains electricity substation Mt Holland CIL processing plant Convergent Minerals Limited | ASX:CVG 8
  9. 9. DEVELOPMENT PROJECT: BLUE VEIN Blue Vein JORC Mineral Resource - October 2012 Twinings Group Tonnes (t) Au (g/t) Au (oz) 128,000oz 0.5g/t cut Resource Class 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 4,448,000 2.55 364,000 79000 Total 3.0g/t cut Measured 37% 422000 5.84 Indicated 18% 199000 5.76 Inferred 45% 337000 Total 958,000 4.5g/t cut 35% 228000 16% 104000 48% 199000 531,000 Measured Indicated Inferred Total Van Uden 238,000oz Bush37000 Pig Razorback 8.72 95000 38,000oz 6.84 7.7 7.7 12.27 9.41 211,000 Blue Vein 364,000oz 57000 26000 78000Convergent Minerals Limited 161,000 | ASX:CVG 9
  10. 10. BLUE VEIN • Strong, consistent gold • Vertical mineralisation • Deepest hole is 300m below the pit floor • Open at depth • Open along strike Convergent Minerals Limited | ASX:CVG 10
  11. 11. MT HOLLAND: BLUE VEIN PROJECT Tailings Storage Facility BRIE PROSPECT BLUE VEIN NORTH DEPOSIT BLUE VEIN GOLD MINE Convergent Minerals Limited | ASX:CVG 11
  12. 12. MT HOLLAND: SCOPING STUDY – STRONG RETURNS Blue Vein • High grade resource (+5.5g/t Au) • In-pit decline access • Underground mining (uphole benching) • On-site gravity, flotation, high-intensity NaCN leach • Plant capital cost <$16 million • Optimised throughput 300,000tpa • Planned production 42,000oz gold • C1 = ~$800/oz. • Cashflow $38 million from first 2.5 years mining C2 = ~$1130/oz. C3 = ~$1190/oz. Convergent Minerals Limited | ASX:CVG 12
  13. 13. MT HOLLAND: FEASIBILITY – INPUT COMPONENTS • Granted Mining Leases = reduced approval timeframe • In-fill drilling to increase ‘Measured’ category of resource • Definitive underground mine and stope design • Geotechnical drilling along path of decline • Maiden ‘Reserve’ estimation • Detailed metallurgical tests (comminution, gravity, leach optimisation) • Waste characterisation study • Final process flowsheet • Detailed costings and cashflow projections • Mining proposal submission and approval Completion anticipated before end of Sept quarter 2014 Convergent Minerals Limited | ASX:CVG 13
  14. 14. MT HOLLAND: VAN UDEN PROJECT (80% CVG) BLUE HAZE GOLD MINE ZEEHAN DEPOSIT TASMAN GOLD MINE KIRK DEPOSIT HEEMS DEPOSIT 14 DIEMAN GOLD MINE Convergent Minerals Limited | ASX:CVG
  15. 15. MT HOLLAND: BUSH PIG / RAZORBACK PROJECTS SQUEALER DEPOSIT RAZORBACK GOLD MINE BUSH PIG GOLD MINE Convergent Minerals Limited | ASX:CVG 15
  16. 16. MT HOLLAND: JASMINE / DARJEELING / EARL GREY PROJECTS Tailings Storage Facility STILTON DEPOSIT EARL GREY GOLD MINE IRISH BREAKFAST DEPOSIT DARJEELING GOLD MINE JASMINE GOLD MINE Convergent Minerals Limited | ASX:CVG 16
  17. 17. MT HOLLAND: ORGANIC GROWTH Irish Breakfast 16m @ 4.3g/t Au Dreadnought 4m @ 4.4g/t Au Stilton 6m @ 44.6g/t Au Victory 15m @ 5.2g/t Au Drake 9m @ 5.23g/t Au Defiance Convergent Minerals Limited | ASX:CVG 17 5m @ 6.42g/t Au
  18. 18. CONVERGENT: A STAND-OUT MICROCAP • Commodity-focused (gold) • Experienced technical and management team • Proven producing goldfield • 1.16Moz gold in JORC resource • Scoping study completed • Feasibility phase commenced • Excellent Infrastructure • Close to Perth • Substantial exploration upside Convergent Minerals Limited | ASX:CVG 18
  19. 19. Contact us Convergent Minerals Limited Suite 702, Level 7, 121 Walker Street North Sydney NSW 2060 Phone: +61 (0)2 9956 8750 info@convergentminerals.com www.convergentminerals.com Convergent Minerals Limited | ASX:CVG
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×