2. Minco Plc (“Minco” or the “Company”) has prepared this presentation for information purposes only. The
information contained herein was prepared by management on a best efforts basis and is believed to be accurate.
This presentation contains or refers to "forward-looking information" within the meaning of applicable Canadian
securities legislation. All statements in this release, other than statements of historical fact, which address
activities, events or developments that the Company believes, expects or anticipates will or may occur in the future
are forward-looking information. Wherever possible, words such as "plans", "expects" or "does not expect",
"budget", "scheduled", "estimates", "forecasts", "anticipates" or "does not anticipate", "believes", "intends" and
similar expressions or statements that certain actions, events or results "may", "could", " "would", "might" or "will"
be taken, occur or be achieved, have been used to identify forward-looking information. In particular, all statements
in this presentation that address estimated resource quantities, grades and contained metals, possible future
mining, and exploration and development activities are forward looking statements.
Forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to
differ materially from expected results. Shareholders and prospective investors are cautioned not to place undue
reliance on forward-looking information. By its nature, forward-looking information involves numerous
assumptions, inherent risks and uncertainties, both general and specific, that contribute to the possibility that the
predictions, forecasts, projections and various future events will not occur. The Company undertakes no obligation
to update publicly or otherwise revise any forward-looking information whether as a result of new information,
future events or other such factors which affect this information, except as required by law.
This presentation may contain certain information derived from official government publications, industry sources
and third parties. While we believe inclusion of such information is reasonable, such information has not been
independently verified by us or our advisers, and no representation is given as to its accuracy or completeness.
Forward Looking Statement Disclaimer Minco Plc
3. Disclaimer Minco Plc
• The information contained in this document is being supplied (in the case of distribution in the UK) only to persons who fall
within certain exemptions of the Financial Services and Markets Act 2000, including a limited number of specified persons
and institutions which meet the requirements of articles 19, 43, 48, 49 and 50 of the Financial Services and Markets Act
2000 (Financial Promotion Order 2001), or are persons to whom this document may otherwise lawfully be issued or passed
on to. It must not be distributed or passed on to any other person. No representation or warranty, express or implied is
given to the accuracy of the information or opinions contained in this document and no liability is accepted by Minco plc
(Minco or the Company) or any of their respective directors, members, officers, employees, agents or advisers for any such
information or opinions.
• Accordingly, this information is being supplied to you, in whole or in part, for information purposes only and not for any
other purpose. In particular, the distribution of this document in jurisdictions other than the United Kingdom may be
restricted by law and persons into whose possession this document comes should inform themselves about, and observe
any such restrictions. Any failure to comply with these restrictions may constitute a violation of laws of any such other
jurisdiction.
• This document and the information contained in it do not constitute a prospectus and do not form any part of an offer to
sell or allot or issue, or any invitation to apply for, securities.
• The contents of this document are not intended for the use of, nor is it intended to be relied upon by any person, firm, or
corporation, other than Minco. The Company denies any liability whatsoever to other parties for damages or injury suffered
by such third party arising from use of this document by them. Any retention, reproduction, distribution or disclosure to
parties other than Minco is prohibited without the express written authorization of Minco.
• Quoted historic estimates are based on data obtained and prepared by previous operators. The Company has not
undertaken the work necessary to verify or classify the mineral resource estimates. The Company is not treating any
historical mineral resource estimates as a NI 43-101 or JORC defined resources verified by a qualified person, and estimates
should not be relied upon.
6. Lundberg – Pivotal deposit
in District
Lundberg
VLSG (all 43-101)
District Total
0
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2,000
Zn (lbs)
Pb (lbs)
Cu (lbs)
851
361
207
1,049
316
122
1,901
677
329
Millions
The district hosts almost 2
billion pounds of Zn, almost
700 million pounds Pb, and
over 300 million pounds Cu.
Lundberg hosts more than
half the district’s Cu and Pb,
and almost as much zinc as
all the other deposits
combined.
Minco Plc
* combined Indicated & Inferred resources
8. Red Indian Lake
deposits (past producers-projected to surface)
sulphide prospects
favourable alteration
5 km
Lundberg (stockwork near surface)
Outline of Buchans Camp rocks after GSC 2007
Buchans camp rocks
Lucky Strike (in situ)
BUCHANS
Lundberg Deposit
Minco Plc
9. Lundberg Resource (Lundberg + Engine House) (effective date February 22, 2013)
NSR (US $)
Cut-off*
Category tonnes Zn % Pb % Cu % Ag g/t Au g/t
Combined
Zn+Pb+Cu %
15 Indicated 23,440,000 1.41 0.60 0.35 5.31 0.07 2.36
15 *Inferred 4,310,000 1.29 0.54 0.27 4.47 0.08 2.10
Tonnages rounded to the nearest 10,000 tonnes. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The estimate of mineral
resources may be materially affected by environmental permitting, legal, title, taxation, socio-political, marketing, or other relevant issues. Resource Estimate reported from:
Technical Report prepared by Michael Cullen, P. Geo. & Andrew Hilchey, P.Geo., of Mercator Geological Services Limited. * “break-even cut off” based on operating &
processing costs estimated by Tetra Tech (2011 PEA). Feb 2013 - 3yr trailing average metal prices: $0.95 /lb Zn, $1.00 /lb Pb, $3.68 /lb Cu, $29.00 /oz Ag, $1,493.65 /oz Au.
LUNDBERG RESOURCE Minco Plc
…from the “back of the envelope”…”double exploitable metal”
• ~1.9 Mt massive ore (23.6% Cu+Pb+Zn) would be equivalent to Lundberg’s pitable metal
• 2 Mt of Lucky Strike ore (28% Cu+Pb+Zn) would more than double project’s contained metal
…Exploration Strategy…
• look for additional high-grade resources close by that could best contribute to infrastructure
and enhance project’s overall viability
…what can exploration do to enhance this project’s viability?
10. BUCHANS - Exploration Strategy Minco Plc
Asarco mined 16.2 Mt 14.5% Zn, 7.6% Pb, 1.3% Cu, 1.37 g/t Au & 126 g/t Ag
(1928-1984)
• Since 2007 - identification of resources left behind
Lundberg - large near-surface lower-grade resource
(possible open pit mine & processing facility)
• Positive PEA 2011 (Inferred Resource)
• 2013 expanded to Indicated & Inferred resources
• rather than wait for external market forces to improve the viability of our
project – what can we do to enhance the viability of our project?
Exploration
• 2014 – expanding resources at Lundberg – included or accessed by
Lundberg open pit
• 2015 – expanded exploration to explore for new discoveries nearby
• add tonnes that best contribute to Lundberg infrastructure
11. 1 km
N
Lucky Strike
Buchans Prospects
Relogging
Lundberg
Orebodies
(mined 1928-1984 - 16.2 M tonnes 14.5% Zn, 7.6% Pb, 1.3% Cu, 1.37 g/t Au & 126 g/t Ag
Stringer Mineralization
(projected to surface)
Prospect
(undeveloped,
projected to surface)
Lundberg & Engine House Zone
(projected to surface)
others
others
MincoMinco
Minco
Minco
Sandfill (historic, non-43-101 compliant)
68,000 tonnes – 1.5% Cu, 4.7% Pb,
10.0% Zn, 85.7 g/t Ag & 0.34 g/t Au
Clementine (historic, non-43-101 compliant) 360,000 tonnes
0.3% Cu, 2.6% Pb, 4.9% Zn & 41.0 g/t Ag
Relogged
61 holes
26,962 m
Relogged
32 holes
14,503 m
Relogged
156 holes
13,418 m
Lundberg Model Open Pit
Relogged (2014-15)
55,000 m of core (250 holes)
Minco Plc
12. 2015
15 to 25
25 to 50
50 to 75
75 to 100
100 to 150
NSR ($ US)
>150
at bedrock
Minco Plc
contour interval 2 m
100 m
LUCKY STRIKE
Geology
New Year Orebody – mined
790,000 tonnes @ 29.9% BM
1.40% Cu, 9.75% Pb, 18.76%
Zn, 110.7 g/t Ag, 1.41 g/t Au
West Orebody
mined
<100,000 tonnes
high-grade
Thrust Fault
Ski Hill (basalt/ intermediate fragmentals)
Geology
Sandy Lake (prominent qtz rhyolite/ arkose)
Diabase
Buchans River (rhyolite/ m.sulphs./ basalt/ felsic tuffs
Surface/ underground drill hole
Minco DDH (2014-15)
widespread Ore Clast
mineralization below
Lucky Strike horizon
13. 100 m
Minco Plc
Lucky Strike - 5.6 Mt
1.6% Cu, 8.6% Pb, 18.4% Zn,
112 g/t Ag & 1.7 g/t Au
Thrust Fault
Ski Hill (basalt/ intermediate fragmentals)
Geology
Sandy Lake (prominent qtz rhyolite/ arkose)
Diabase
Buchans River (rhyolite/ m.sulphs./ basalt/ felsic tuffs
Surface/ underground drill hole
Buchans
West Orebody Trend
contour interval 10 m
Too Shallow
14. Summary
Buchans
• Lundberg - a large metal inventory - potential stand-alone open pit mine
• excellent potential exists to enhance our project through discovery of
new high-grade resources
• small deposits too small for stand alone development may significantly
improve overall viability
• relogging of archived drill core - a cost effective exploration strategy
• new targets generated could eventually lead to discovery of new large
deposits
Exploration - Near Term
• drilling - early 2016
• relogging to continue – Lucky Strike – other areas
Lucky Strike
Minco Plc
16. Minco plc
Exploration Concept
• largest area carbonate-hosted
lead-zinc mineralisation in British
Isles next to Irish Midlands Orefield
• same stratigraphic package
• similar structural setting & regional
trends
• historic production (C17-1938) from
stratigraphy 300-400 m above key
productive units in Irish Midland
Orefield
• Minco drill testing targets in
previously untested lower
stratigraphy (basal Carboniferous)
• potential for significantly larger
deposits at depth comparable to
Irish deposits
North Pennine Orefield
Northern
Pennine
Orefield
Zn-Pb
Northern Pennine & Irish Midlands
Orefields with respect to major
structural elements of the geology
of the British Isles.
17. Minco plc
History
• Mining is documented back to 1130 at
the Manor of Alston Moor in the
county of Cumbria although it is
believed that the Romans worked the
lead deposits
• Historic production (C17-1938) from
stratigraphy 300-400 m above key
productive units in Irish Midland
Orefield
• Lead was historically mined in the
North Pennines in near vertical veins,
however in the Nent Valley, lead
mineralization is found in horizontal
‘flats’ lying adjacent to veins
North Pennine Orefield
19. Minco plc
North Pennine Orefield
• Most of the major mines around
Nenthead were developed during the
18th by the London Lead Company
(1692-1882)
• Many of the leases were subsequently
acquired by the Vielle Montagne Zinc
Company of Belgium (1906-1921, and
minor production to 1938)
• Many of the major mines in the area
were eventually joined underground,
with ore brought to surface through the
most convenient level from any of a
number of different actual mines
20. Minco plc
North Pennine Orefield
• The Smallcleugh Mine, discovered in 1796, is
renowned for flat workings found in the Great
Limestone up to 65 feet thick
• An 8 mile long horse level extends north at Nenthead
toward Altson from the Smallcleugh Mine along the
Great Limestone that provides access to some 10+
other past producing mines
Nenthead Smelt Mill
21. Minco plc
Flat Mineralisation at the
Smallcleugh Mine
Ballroom Flat (40m long by 6.5m
wide)- a large chamber which,
unusually for the area, wasn't
backfilled with waste stone
(deads).
The flat gained it's 'Ballroom' title
in September 1901 after the Vielle
Montagne Zinc Company
entertained 28 guests from the
local Masonic Lodge with a grand
feast. The food was prepared by a
local hotel, before being trammed
to the chamber underground.
North Pennine Orefield
22. Minco plc
In 1949, the assets of the Vielle
Montagne Zinc Company were
sold to the Imperial Smelting
Corporation Ltd. and put under
the control of one of its
subsidieries Anglo-Austral Mines
Ltd. but the mines were quickly
run down and abandoned.
Flourspar mining continued until
1960 when it became uneconomic
and the final batch of flourspar
was processed at Rampgill Mill in
1961. In 1970, British Steel took
over the whole of Alston Moor to
explore for Flourspar.
North Pennine Orefield
24. Minco plcNorth Pennine Orefield
Mineralization Style
Mississippi-type lead & zinc mineralisation
should really be called Northern Pennine type
as emigrating Northern Pennine miners first
recognised geological similarities in the
eighteenth century.
25. Minco plcNorth Pennines Zn-Pb Project:
CA008 intersection in Great Limestone
17.7% Zn, 0.40% Pb over 1.05 m (CA008 from 154.70 to 155.75m depth)
29. Minco plc
CONLUSION
• Historic flats indicate presence of extensive stratiform
mineralisation
• Blackhill potential for 300,000 tonnes averaging 5.2
percent zinc, 3.6 percent lead and 14.3 g/t silver over
202m strike length with an average width of 9.6m.
• Similar mineralisation demonstrated adjacent the
Barneycraig-Whitewood fault system by NW002, with
potential for 3.5 km strike length of similar flat
development.
• Barneycraig-Whitewood fault system is major structure
with potential in Great Limestone and basal succession.
• Lies on the Weardale Estate
• Obtaining agreement with Weardale is key to advancing
the project
31. Minco plc
Moate Lead-Zinc Property
Moate Lead-Zinc Property
October 2015
Minco was awarded three new prospecting licences PL 1228,
1229, and 3981) in County Westmeath, Ireland.
32. Minco plc
The Irish Midland Orefield
TYNAGH
• 9.2Mt @ 5%Zinc,
6.2% Lead
BALLINALACK
• 5.7Mt @ 6.8% zinc,
1.1% lead
43. Minco plc
Recommendation for Exploration at Moate
Following compilation and preparation of a base map:
– drill series of six inclined holes to:
• Locate MVF
• Determine extent of Marginal Reef facies
• Determine potential for Zinc-Lead mineralisation
44. Woodstock Manganese Minco Plc
Toronto
Woodstock Manganese
one of the largest undeveloped deposits
in North America
manganese carbonate - Rhodochrosite
pre-development - Plymouth deposit
45. • EMM is primarily consumed in the steel industry as an alloy additive:
− 74% of EMM was consumed in the steel sector (42% to the 200 series Stainless Steel sector)
− 12% is used in the production of specialty manganese alloys such as aluminum alloys
− 14% is consumed in electronics and chemical industries
• EMM represents ~9% of the global manganese market
• China currently supplies >95% of world EMM supply
• EMM is produced primarily from manganese carbonate deposits that offer cheaper operating
costs over manganese oxide deposits
EMM Market – What is EMM?
45
Minco Plc
46. Electrolytic Manganese Metal Minco Plc
Commercial grade Electrolytic Manganese Metal produced during
commissioning of batch scale electrowinning cell. >99.7% Mn
47. Woodstock Manganese
Development Plan
Minco Plc
Woodstock Development Plan:
• Is the historical resource real?
− Log & twin 1986 drill holes to verify results
− Drill an NI 43-101 Inferred Resource over the
Plymouth Deposit
• Hydrometallurgy – Can we produce EMM?
− Conduct bench scale program to design
hydrometallurgical flowsheet
− Produce EMM
• Preliminary Economic Assessment – Can
production of EMM be profitable?
− Given that the Chinese dominate production of EMM
with 98% of world production, can we be competitive
and can we produce EMM cheaper than their lowest
cost producer at ~US$0.81 / lb EMM?
MAINE-U.S.A.
NEWBRUNSWICK-CANADA
Saint
River
gravity anomalies
5 km
Geology Legend
Ordovician- Silurian sediments
Silurian sediments
I-95
R-
95
Plymouth Deposit
Woodstock
pop. ~5,000
Hartford Deposits
48. Plymouth Deposit Inferred Resource
48
1 km
Plymouth Deposit
Hartford Deposits
Minco Plc
Plymouth Deposit Inferred Resource
(National Instrument 43-101 compliant)
Mn% Cut-
off
Tonnes Mn % Fe %
3.5% 44,770,000 9.85 14.15
5% 43,710,000 9.98 14.29
8% 33,800,000 10.92 15.36
10% 22,460,000 11.86 16.42
Notes:
1. An Mn cut-off value of 3.5% for this resource statement
reflects a reasonable expectation of economic viability for a
deposit of this nature based on market conditions and open
pit mining methods.
2. Mineral resources that are not mineral reserves do not
have demonstrated economic viability.
3. This estimate of mineral resources may be materially
affected by environmental permitting, legal, title, taxation,
sociopolitical, marketing, or other relevant issues.
…9.62 billion pounds contained Mn at 5%
Mn cut-off …