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CENTAURUS METALS LIMITED — Investor Presentation 2007
Sep 9, 2007
64715_rns_2007-09-09_58beaa7e-29f9-419d-95b7-d511ad74672b.pdf
Investor Presentation
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10 September 2007
Manager Company Announcements Company Announcements Office Australian Securities Exchange Limited Level 10, 20 Bond Street SYDNEY NSW 2000
by e-Lodgement
Dear Sir/Madam
ROADSHOW PRESENTATION
Attached please find a copy of a presentation which David Richards, Managing Director, is presenting in a roadshow in Melbourne, Sydney and Brisbane during the week beginning the 10 September 2007.
Yours faithfully
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David Richards Managing Director
GLENGARRY RESOURCES LIMITED ABN 40 009 468 099 Telephone: (08) 9322 4929 Facsimile: (08) 9322 5510 PO Box 975, West Perth, WA 6872 - 35 Havelock Street, West Perth, WA 6005 Website: www.glengarry.com.au Email: [email protected]
Moving Forward September 2007
Corporate Summary - Glengarry Resources
- A energised, focussed company
Shares on issue Market cap. Cash Investments
~284 million (ASX:GGY) ~$35 million ~$6 million ~$3 million
(575,000 MGA/TSX shares) (3,000,000 MNM/ASX shares)
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Priority Project – Greenvale, North Queensland
Greenvale
Townsville
Brisbane
Perth
Sydney
Adelaide
Priority, wholly-owned Project
Melbourne
Other, wholly-owned Project
Joint venture
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Greenvale – Regional Setting
Einasleigh Kagara Zinc (KZL)
(Cu,Zn,Pb,Ag) Balcooma operations
Kidston
(Au)
Greenvale
(Ni)
Maitland
(Cu-Mo)
GGY 100%
GGY-BCN JV
KZL 100%
20 km
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Greenvale – Possible Processing Options
Cairns
Mt Garnet
Einasleigh
Balcooma
Maitland
Townsville
Mill
Ore
Concentrate
Future route? Thalanga ChartersTowers
100 km
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Greenvale – Maitland Long Section - Current
B
A
MTRC18
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Greenvale – Maitland Southern Shoot – Drill Sections
Maitland Long Section – Resource drilling/Existing data
Maitland Long Section – Resource drilling/Phase 1
Maitland Long Section – Resource drilling/Phase 2
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Greenvale – Maitland Area – Other Targets
Northern soil
anomaly
Residual cover –
follow up soil
sampling completed.
Maitland
Assays pending. Cu-Mo
Shoots
Alluvial cover –
Open
follow up interface
sampling completed.
>100 ppm Cu
Assays pending.
Southern
interface
anomaly
Open
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Greenvale - Work Program and Budget
| Prospect | Activity | Q3 2007 | Q4 2007 | Q1 2008 | Q2 2008 | Budget ($000) |
|---|---|---|---|---|---|---|
| Maitland | Camp/ Infrastructure |
185 | ||||
| Resource drilling |
Ph 1 d 2 | Phase 3 | 1,607 | |||
| ase an | ||||||
| Environmental | 100 | |||||
| Resource calculation |
30 | |||||
| Other prospects |
Target definition |
40 | ||||
| Drilling | 50 |
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Other Projects - Glengarry Resources
Rum Jungle
Greenvale
Citadel
Townsville
Snake Creek Brisbane
Cannington
Perth
Sydney
Adelaide
Priority, wholly-owned Project
Melbourne
Other, wholly-owned Project
Joint venture
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Glengarry – Mt Isa Projects
Snake Creek Project (Copper/Gold/Uranium)
Consternation Prospect
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500 m
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Cannington Project (Base Metals and Uranium)
Cloncurry Cannington
Fault Mine
Outline of RAB (Sep 07)
drilling program
Up to 0.9 lb/t U3O8
and 10 g/t Ag
in drilling
2 km
•
• Crackpot prospect
Prospective Cloncurry Fault
•
Anomalous base metals and
structural corridor
• uranium in drill and float samples
Follow up geochemistry completed
•
Shallow RAB program completed –
assays pending.
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Rum Jungle – Acacia North Prospect (Gold)
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•
Acacia North prospect
•
>1 km long gold anomaly
•
High grade mineralisation
•
Previous drilling largely ineffective
•
Follow up drilling pending
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Citadel Project – Strategic Landholding
5 m @
1.2 g/t Au,
2.4% Cu
2 m @
11.7 g/t Au
15 m @
7 m @
14.1 g/t Au
1.9 g/t Au
2 m @
3.8 g/t Au
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Glengarry Resources – Why Invest?
Maitland Cu-Mo Deposit
� Resource definition and related studies to start Sep 07.
-
Mine ready within 2 years.
-
Limited access issues
Nearby Targets
- Potential to increase resource base.
Kagara Association
-
Logistical support and milling infrastructure.
-
Commercial options not restricted.
Well Funded
-
>$6,000,000 cash.
-
>$3,000,000 investments.
Strategic Land Holdings in World Class Mining Provinces
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