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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
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ASX Code - DTM
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Shares on Issue ~ 99.95m
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Options on Issue ~ 35.56m
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Market Capitalisation @ $0.18 = ~A$18.0m
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Management
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Steve Groves – Senior Geologist, Head of Exploration
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Ben Hines – Senior Geologist, Field Operations
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Dean Turnbull – Senior Geologist, Founder
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Tommy Ashley - Operations
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Michael Roberts – Finance & Administration
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Board
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James Chirnside – Chairman & Managing Director
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Dr. Denis Clarke – Non-executive Independent Director
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Luke Robinson – Non-executive Independent Director
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Julie Edwards – Company Secretary
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Service Providers
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Accounting, Co. Sec, ASX Reporting, Tax – Lowell Accounting Services
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Audit - Morrows
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Legal Advisors – Resources Law International
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R&D, Taxation – International Technology Group
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Environment & Cultural Heritage – Biosis
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Mining Engineering – Simon Law & Associates
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Metallurgical Consulting – David Foster
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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
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Accelerated engagement with potential partners
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Increased inbound commercial enquiry
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COVID management challenges
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Strategically important EL, RL licence grants
Operations
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Geophysics – IP, Ground Mag, Lidar
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Multi-project RC Drilling programs
Operations
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~5,000m multi-project percussion drilling program
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60% of DTM licences areas burnt out in Jan / Feb fires
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Access issues are largely resolved
Marketing and ASX
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Successful completion of $5m Rights Issue
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20% increase in shareholder numbers
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Higher daily liquidity and turnover
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Institutional shareholder participation
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Multi-project DD drilling programs
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Project generation (mapping, surface sampling etc.)
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Expect interpretations from Govt. deep seismic reflection survey
Marketing and ASX
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Increased participation in conferences
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Increase in Broker and Shareholder engagement
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Increase in institutional shareholder engagement
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~$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
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LiDAR Granite Flat, Buckland, Sandy Ck, Eskdale
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Ground Mag – Granite Flat
RC/DD Drilling – 1500m, $150k
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Granite Flat follow-up of 2020 results
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Project Gen (mapping, sampling etc)
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Rushworth
2[nd] Quarter
RC/DD Drilling – 4100m, $500k
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Granite Flat (cont), Buckland, Sandy Creek
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Project Gen (mapping, sampling etc)
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Tallandoon, Buckland, Zulu/Saltpetre, Dart
3[rd] Quarter
RC/DD Drilling – 6400m, $640k
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Fairleys Ext (Murrays), Mt View, Granite Flat, Eskdale*
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Project Gen (mapping, sampling etc)
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Tallandoon, Buckland, Zulu/Saltpetre, Dart
4[th] Quarter
RC/DD Drilling – 3000m, $300k
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Follow up previous outstanding drill results
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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
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desktop review, mapping, sampling, ground geophysics
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Walwa, Blue Jacket, Dorchap Dyke Swarm
2[nd] Quarter
Project Generation
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desktop review, mapping, sampling, ground geophysics
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Walwa, Blue Jacket, Dorchap Dyke Swarm
3[rd] Quarter
RC/DD Drilling
- Eskdale (Dorchap Dyke Swarm – part of orogenic gold drilling)
Project Generation
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desktop review, mapping, sampling, ground geophysics
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Walwa, Blue Jacket, Dorchap Dyke Swarm
4[th] Quarter
RC/DD Drilling –1000m, $100k
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Glen Wills – Blue Jacket dyke
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Follow up previous outstanding drill results
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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
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Dart has accumulated an exceptional and commanding tenement position in one of the most mineralised regions in Australia
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Of all the critical minerals identified by Geoscience Australia Dart has ~33% existing within its license footprint
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Major mining companies are actively seeking exploration targets for joint venture with exploration juniors
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Covid related production shutdowns leading to constriction of supply of precious and base metals
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Global monetary stimulus underpinning demand for the entire metals complex
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Money printing underpinning precious metals status as a safe haven asset
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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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