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DART MINING NL — AGM Information 2015
Nov 26, 2015
64792_rns_2015-11-26_999ff643-b1dd-491e-be6b-3a4107812eb4.pdf
AGM Information
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Dart Mining NL Annual General Meeting Presentation Friday 27th November 2015 Melbourne
Corporate Profile
- ASX Code DTM
- Latest share price 1.1 cents, Mkt Cap \$3.0m approx.
- Shares outstanding – 259,924,632 (post recent placement)
- Unlisted Options 15,473,048, VWEP \$0.1199, Expiries ranging from 12/15 – 12/17
- Main office - Corryong
- Directors – James Chirnside, Russell Simpson, Luke Robinson
- Managing Director – James Chirnside
- Manager Geology – Dean Turnbull
- Company Secretary – Julie Edwards
- Advisory Board – Simon Law, Rod Boucher, Bernie Hochwimmer
- Auditors – Ragg Weir
- Solicitors – Cooper Grace Ward
Summary of Recent Significant Events
- May 2015 249D lodged to remove previous board
- June 18 2015 resolution to remove board passed at general meeting
- New board appointed
- Conducted review of assets and strategic direction in light of extremely difficult global mining industry conditions
- Re-focus on the company's original strategy of Gold exploration and exploitation in NE Victoria
- Rationale in re-focus of strategy based on well qualified internal resources as well as virtuous dynamics around A\$ Gold price i.e. comfortable margin
- Mt Unicorn Mo and other Porphyry targets have substantial long-term value and will continue to be maintained for the benefit of shareholders
- R&D Certificate of finding issued by Innovation Australia challenging company's tax concessions from FY2012, FY2013
- Tax concession experts International Technology Group appointed to assist in managing process of review and re-submission.
- The company remains confident that this issue will be resolved favourably
Dart Gold Strategy
- Dart is pursuing opportunities in gold exploration, development and production
- Targets are located within Dart's existing tenements as well as JV tenements within a geographically manageable and geologically familiar region
- Targets are characterised by relatively small ML size, acceptable preliminary development risk and able to be managed on a cost efficient basis
- Opportunity exists through lack of large company development interest in projects sizes <300k oz.
- Dart's own Mountain View ML project is company's project priority in short-term
- NMV Joint Venture opportunity offer substantial upside potential to supplement and compliment Dart's pre-existing projects



Dart Mining - Intrinsic Value Proposition
- Long and deep Victorian environmental and mines department relationships
- More exploration activities within Victoria than any other exploration company in the past 10 years
- Significant and valuable proprietary geological data on NE Victoria
- EL and ML proprietary database covering the eastern seaboard
- First class technical and administrative team with excellent Victorian Gold fields knowledge and experience
- Upside potential via Dart's extensive porphyry targets including the world class Mt Unicorn Mo/Cu project
Conclusion
- Company with a distinguished history in exploration in NE Victoria
- Refocusing back to original mandate in gold exploration, development, and production
- Excellent technical and administrative support and management
- Significant existing tenements totaling 1500 sq. km in NE Victoria
- Transparent, dependable, and dedicated team
- Excellent template for JV arrangements with emphasis on aligned interests and staged expenditure
- Significantly reduced overhead allowing for survivability and prosperity with a genuine focus on profitability and shareholder value.
- Deal making expertise and experience in house
- Virtuous dynamics around A\$ Gold price
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