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CRITICA LIMITED Investor Presentation 2008

Feb 25, 2008

64706_rns_2008-02-25_fd4f4b34-af91-4027-987b-4dce783bae5d.pdf

Investor Presentation

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Venture Minerals Ltd (VMS)

Mount Lindsay Project February 2008

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Mount Lindsay-“compelling in 3 major ways”

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  • Location -

  • Production Precedent (Savage River & Renison Bell)

� Infrastructure (water, power, road, rail & port)

  • Expected Low Capital Expenditure -

  • Com p arison to other p ro j ects

  • Advantage in current debt market

  • Short lead time

  • Exposure to Multiple Commodities -

  • Iron ore

  • Tin

  • Tun g sten

  • Copper

Capital Structure

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  • Listed on ASX:

22 Sep 2006

  • Shares on issue:

51.5 million . 3 m illi on ra t d ea bl e (34 )

  • Market Cap

$15 . 5 million

  • Management Ownership:

33%

  • Cu rr e nt Cas h in ba nk:

A $ 2.4 milli o n

  • Current Share Price:

30c

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Directors/Management

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Experienced management team in all areas of operations, with a focus on accelerated drill p ro g rams

  • Mr Mel Ashton ; Non-Executive Chairman Regional Councillor at the Institute of Chartered Accountants, a number of other Board Appointments including Chairman of Gryphon Minerals Limited and Vice President/Director of the Fremantle Football Club.

  • Mr Andrew Radonjic ; Managing Director Geologist with over 20 years experience, instrumental in three gold discoveries totaling >3 Mozs and in developing over 1Mozs . Most recently the MD for Nickelore Limited where was .

  • responsible for more than a four fold increase in the market capitalisation

Mr Hamish Halliday ; Non-Executive Director Founding Director of successful junior exploration company Adamus Resources Limited which has grown from a $3 Million float to now owning a multi-million ounce gold project with an estimated NPV o f $180 Milli on.

Mr Kent Hunter ; Non-Executive Director/ Co Secretary Over 15 years’ corporate and company secretarial experience. Has been involved in the listing of 15 junior exploration companies on the ASX in the past 4 years with capital raisings . exceeding $54 million

Dr Stuart Owen ; Exploration Manager Instrumental in the discovery of the Paulsens Deposit and the development of the Adamus Resources Limited’s - Southern Ashanti Gold Project where a multi million ounce resource was identified for a discovery cost of less than US$10 per ounce. Recently was consulting to an Uranium exploration company.

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Recent Highlights

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� New Iron Zone discovered at Stanley River- 31m @ 61.9%Fe

- Metallurgical results far exceed expectation 150 micron grind

  • Excellent results from Venture’s first drill holes- 46m @ 43.4%Fe

  • Three Drill rigs on site- completing 10,000 metres.

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Location of Mount Lindsay (Renison West) Project

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1,000Km

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Tenement Locations
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Savage River Mine

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Magnetite Potential

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  • Only 17 of the 81 historic holes have been assayed for Iron in the m nera i li se d Ti n zones.

  • 15 of those drill intersections have an average width of 24m at a weighted average grade of 32%Fe.

  • One drill intersection was selected for initial metallurgical testwork, results of which produced a magnetic concentrate assaying above 68% Fe. The concentrate was described b ProMet En ineers as “a y g

  • high quality concentrate product”.

� T o d a e t on yl 4 kilometres of the 22 kilometres of magnetic skarns currently identified in the company’s tenure has been drill tested.

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Tenement Locations
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Drill Plan –No.2 Zone
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ML37 Drill Section

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150m
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330m NW-New Drilling

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50m
1
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Long Section-No.2 Zone

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150m
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50m
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Drill Plan-No.2 Zone with the Main Zone

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Mount Lindsay Project

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Regional Magnetics With Target Zones

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Power

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Road and Rail

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Water

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Port at Burnie
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Metallurgical Testwork – Second Stage Results

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  • G r n i d Si ze 4 ti mes coarser m cron i an mos o t th er M tit e (150 ) th agne

  • Projects = Cost Savings.

  • Most other Magnetite Projects are BIF hosted deposits that require a grind of 40 micron or less to achieve saleable iron ore product.

  • Standard Davis Tube Recovery results confirm high quality concentrate p roduct with 69%Fe , 1.5%SiO 2, 0.02%P & 1.9%S.

  • Coarse Grind Size beneficial to a potential Tin recovery circuit.

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Tin Potential

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  • L oca e t d 15 k m NW an d a ong s r l t ik e o t th e en son e R i B ll Mi ne w hi c h has produced more than 200,000t of Tin worth >$3.5 Billion today.

  • Tin mining began at Mount Lindsay during the 1890s.

  • Substantial tin mineralisation within historic drill results including 16.1 metres @ 1.55% tin, 10.9 metres @ 1.72% tin, 23 metres @ 0.79% tin and 36.2 metres @ 0.49% tin.

  • Potential for a significant stand alone Tin Deposit.

  • Magnetite production by-products (Tin, Tungsten & Copper).

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Current Work Program

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  • V en ure as con rac e t h t t d th ree r D ill Ri gs w ith an n i iti a campa gn o up o l i f t 10,000 metres of Diamond Core to be completed by June 2008, with 3,000 metres already completed.

  • Fugro Airborne Surveys Pty Ltd completed a detailed airborne .

  • magnetic survey in December This will soon provide further information on the magnetite tonnage potential of the project.

  • ProMet Engineers will do additional coarse grind analysis on the No.2 Zone, DTR analysis on the Main Zone and, combined Tin liberation testwork .

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Going Forward

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  • Maiden Resource Statement

  • Scoping Study

  • Phase Two Drill Program

  • Resource Update

�I d
t
C
i
n us ry ompar sons-
�I d
t
C
i
n us ry ompar sons-
Magnetite Deposit
WilcherryHill
Company
Ironclad Mining
Ownership
50�80%
Resource Tonnage*
44Mt
Cairn Hill IMX Resources 100�90% 14.3Mt
  • Publically announced JORC compliant resources

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THE END

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For to date information click to our website up please www.ventureminerals.com.au

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