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DART MINING NL AGM Information 2021

Jan 19, 2021

64792_rns_2021-01-19_fc15f30b-da1e-4177-8259-1fb438d312f4.pdf

AGM Information

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(ASX:DTM) Dart Mining NL

Unearthing the Mineral Riches of North East Victoria

James Chirnside - Managing Director Dart Mining NL AGM (2020) 11:00am, January 20[th] , 2021 Virtual Meeting via Zoom

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ASX:DTM
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Forward Looking Statements Caution

Certain statements contained in this document constitute forward looking statements. Such forward-looking statements are based on a number of estimates and assumptions made by the Company and its consultants in light of experience, current conditions and expectations of future developments which the Company believes are appropriate in the current circumstances. These estimates and assumptions while considered reasonable by the Company are subject to known and unknown risks, uncertainties and other factors which may cause the actual results, achievements and performance of the Company to be materially different from the future results and achievements expressed or implied by such forwardlooking statements.

Investors are cautioned that forward looking information is no guarantee of future performance and accordingly, investors are cautioned not to place undue reliance on these forward-looking statements.

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ASX:DTM
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Corporate Directory

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Corporate Metrics

  • ASX Code - DTM

  • Shares on Issue ~ 99.95m

  • Options on Issue ~ 35.56m

  • Market Capitalisation @ $0.18 = ~A$18.0m

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Management

  • Steve Groves – Senior Geologist, Head of Exploration

  • Ben Hines – Senior Geologist, Field Operations

  • Dean Turnbull – Senior Geologist, Founder

  • Tommy Ashley - Operations

  • Michael Roberts – Finance & Administration

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Board

  • James Chirnside – Chairman & Managing Director

  • Dr. Denis Clarke – Non-executive Independent Director

  • Luke Robinson – Non-executive Independent Director

  • Julie Edwards – Company Secretary

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Service Providers

  • Accounting, Co. Sec, ASX Reporting, Tax – Lowell Accounting Services

  • Audit - Morrows

  • Legal Advisors – Resources Law International

  • R&D, Taxation – International Technology Group

  • Environment & Cultural Heritage – Biosis

  • Mining Engineering – Simon Law & Associates

  • Metallurgical Consulting – David Foster

  • Lab Services – ALS Limited

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Summary Update

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Activities review 2020

Corporate

  • Appointment of Steve Groves to Head of Exploration

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Activities preview 2021

Corporate

  • Accelerated engagement with potential partners

  • Increased inbound commercial enquiry

  • COVID management challenges

  • Strategically important EL, RL licence grants

Operations

  • Geophysics – IP, Ground Mag, Lidar

  • Multi-project RC Drilling programs

Operations

  • ~5,000m multi-project percussion drilling program

  • 60% of DTM licences areas burnt out in Jan / Feb fires

  • Access issues are largely resolved

Marketing and ASX

  • Successful completion of $5m Rights Issue

  • 20% increase in shareholder numbers

  • Higher daily liquidity and turnover

  • Institutional shareholder participation

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  • Multi-project DD drilling programs

  • Project generation (mapping, surface sampling etc.)

  • Expect interpretations from Govt. deep seismic reflection survey

Marketing and ASX

  • Increased participation in conferences

  • Increase in Broker and Shareholder engagement

  • Increase in institutional shareholder engagement

  • ~$9m of potential options exercise proceeds

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Corryong
Region
Mitta Mitta
Onslow
Region
Dart/Mt View
Sandy Creek
RC/DD 1000m
Tallandoon, Eskdale
RC/DD 2000m
Zulu/Saltpetre
Buckland
Region Upper Indi
Buckland
RC/DD
Granite Flat
4500m+
RC/DD 5000m+
Rushworth
Region
Buchan
Region
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2021 Orogenic Gold Program

1[st] Quarter

Geophysics - $75k

  • LiDAR Granite Flat, Buckland, Sandy Ck, Eskdale

  • Ground Mag – Granite Flat

RC/DD Drilling – 1500m, $150k

  • Granite Flat follow-up of 2020 results

  • Project Gen (mapping, sampling etc)

  • Rushworth

2[nd] Quarter

RC/DD Drilling – 4100m, $500k

  • Granite Flat (cont), Buckland, Sandy Creek

  • Project Gen (mapping, sampling etc)

  • Tallandoon, Buckland, Zulu/Saltpetre, Dart

3[rd] Quarter

RC/DD Drilling – 6400m, $640k

  • Fairleys Ext (Murrays), Mt View, Granite Flat, Eskdale*

  • Project Gen (mapping, sampling etc)

  • Tallandoon, Buckland, Zulu/Saltpetre, Dart

4[th] Quarter

RC/DD Drilling – 3000m, $300k

  • Follow up previous outstanding drill results

  • Initial test of new targets from Project Gen

RC/DD Drilling = Contractor RC drilling or Dart-owned portable DD drilling * Denotes pegmatite targets prospective for Li, Ta, Sn, REE

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Copper Quarry Corryong 2021 Porphyry Program
Region
Empress South Unicorn
1 [st] Quarter
Dart Porphyries
Mitta Mitta Region Morgan/Gentle Annie, Staceys Geophysics / Remote sensing
RC3000m • IP/MT – Granite Flat/Empress ~$100k
DD 3000m
Empress
DD 1500m 2 [nd] Quarter
Geophysics - $300k
Buckland North • IP/MT – Dart Porphyry Projects
Region Mammoth Diamond – 1500m, $300k
• Granite Flat/Empress porphyry targets
Demon Ridge 3 [rd] Quarter
RC Drilling – 1500m, $150k
• Shallow test or pre-collars at Dart porphyry
targets
Shippen
DD Drilling – 1500m, $300k
Rushworth • Deep test of Dart porphyry targets
Region
4 [th] Quarter
RC Drilling – 1500m, $150k
• Further shallow tests or pre-collars at Dart
porphyry targets
Buchan DD Drilling – 1500m, $300k
Region • Further Deep test of Dart porphyry targets
RC/DD Drilling = Contractor RC drilling or Dart-owned portable DD drilling
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Corryong
Region
Mitta Mitta
Walwa Pegmatites
Region
Project Gen
Dorchap Dyke Swarm
Project Gen, RC/DD
Drilling
Buckland
Region
Blue Jacket Dyke
RC 250m+
Rushworth
Region
Buchan
Region
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2021 Pegmatite Multi-Commodity Program (Li, Ta, Sn, W, Be, Cs)

1[st] Quarter

Geophysics

  • LiDAR – Eskdale (Dorchap Dyke Swarm)

Project Generation

  • desktop review, mapping, sampling, ground geophysics

  • Walwa, Blue Jacket, Dorchap Dyke Swarm

2[nd] Quarter

Project Generation

  • desktop review, mapping, sampling, ground geophysics

  • Walwa, Blue Jacket, Dorchap Dyke Swarm

3[rd] Quarter

RC/DD Drilling

  • Eskdale (Dorchap Dyke Swarm – part of orogenic gold drilling)

Project Generation

  • desktop review, mapping, sampling, ground geophysics

  • Walwa, Blue Jacket, Dorchap Dyke Swarm

4[th] Quarter

RC/DD Drilling –1000m, $100k

  • Glen Wills – Blue Jacket dyke

  • Follow up previous outstanding drill results

  • Initial test of new targets from Project Gen

RC/DD Drilling = Contractor RC drilling or Dart-owned portable DD drilling

Strong & Supportive Fundamentals to Underpin the Metals Complex & Exploration

  • Dart has accumulated an exceptional and commanding tenement position in one of the most mineralised regions in Australia

  • Of all the critical minerals identified by Geoscience Australia Dart has ~33% existing within its license footprint

  • Major mining companies are actively seeking exploration targets for joint venture with exploration juniors

  • Covid related production shutdowns leading to constriction of supply of precious and base metals

  • Global monetary stimulus underpinning demand for the entire metals complex

  • Money printing underpinning precious metals status as a safe haven asset

  • Global Electrictrification and Technology thematics creating strong demand for Copper, Battery and other metals including Lithium.

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Tenement Status

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Tenement Area (km2)
Number Name Tenement Type Unless Interest Location
specified
EL5315 Mitta Mitta4 Exploration License 172 100% NE Victoria
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Tenement
Number
Name Tenement Type Area (km2)
Unless
specified
Interest Location
EL5315 Mitta Mitta4 Exploration License 172 100% NE Victoria
EL006016 Rushworth Exploration License 60 100% Central Victoria
EL006277 Empress Exploration License 165 100% NE Victoria
EL006300 Eskdale3 Exploration License 183 100% NE Victoria
EL006486 Mt Creek Exploration License 190 100% NE Victoria
EL006764 Cravensville EL (Application) 170 100% NE Victoria
EL006861 Buckland Exploration License 414 100% NE Victoria
EL006865 Dart EL (Application) 567 100% NE Victoria
EL006866 Cudgewa EL (Application) 508 100% NE Victoria
EL006994 Wangara Exploration License 190 100% Central Victoria
EL007007 Union Exploration License 3 100% Central Victoria
EL007008 Buckland West EL (Application) 344 100% NE Victoria
EL007099 Sandy Creek EL (Application) 437 100% NE Victoria
EL007170 Berringama EL (Application) 27 100% NE Victoria
EL007426 Walwa EL (Application) 499 100% NE Victoria
EL007428 Boebuck EL (Application) 355 100% NE Victoria
EL007425 Deddick EL (Application) 341 100% Eastern Victoria
EL007430 Buchan EL (Application) 546 100% Eastern Victoria
RL006615 Fairley’s2 Retention License 340 Ha 100% NE Victoria
RL006616 Unicorn1&2 Retention License 23,243 Ha 100% NE Victoria
MIN006619 Mt View2 Mining License 224 Ha 100% NE Victoria

All tenements remain in good standing at December 2020.

NOTE 1: Unicorn Project area subject to a 2% NSR Royalty agreement with Osisko Gold Royalties Ltd dated 29 April 2013.

NOTE 2: Areas subject to a 1.5% Founders NSR Royalty Agreement.

NOTE 3: Areas subject to a 1.0% NSR Royalty Agreement with Minvest Corporation Pty Ltd (See DTM ASX Release 1 June 2016). NOTE 4: Areas are subject to a 0.75% Net Smelter Royalty on gold production, payable to Bruce William McLennan

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Disclaimer

The information contained in this presentation is for informational purposes only and does not constitute an offer to issue, or arrange to issue, securities or other financial products. The information contained in this presentation in not investment or financial product advice and is not intended to be used as the basis for making investment decisions. The presentation has been prepared without taking into account the investment objectives, financial situation or particular needs of any particular person. Before making an investment decision, you should consider, with or without the assistance of a financial advisor, whether an investment is appropriate in light of your particular investment needs, objectives and financial circumstances.

No representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum extent permitted by law, none of Dart Mining NL, their directors, employees or agents, nor any other person accepts any liability, including, without limitation, any liability arising out of fault of negligence, for any loss arising from the use of the information contained in this presentation. In particular, no representation or warranty, express or implied is given as to the accuracy, completeness or correctness, likelihood of achievement or reasonableness or any forecasts, prospects or returns contained in this presentation nor is any obligation assumed to update such information. Such forecasts, prospects or returns are by their nature subject to significant uncertainties and contingencies.

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