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TIVAN LIMITED Investor Presentation 2007
65967_rns_2007-07-02_c1dcb63d-031b-4ef6-92e8-45de535559a3.pdf
Investor Presentation
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TNGLIMITED
PRESENTATION TO ZINC CONFERENCE IN SYDNEY
3 July 2007
TNG LTD (ASX: "TNG") today announces that Paul Burton, the Company's Exploration Manager, will be delivering the latest Company presentation at the Zinc Conference at the Radisson Plaza Hotel in Sydney today. The presentation is attached to this announcement, but can also be found on the Company website at www.tngltd.com.au later today.
Yours faithfully TNG Limited
DAMIAN DELANEY Company Secretary
TNGLIMITED
MANBARRUM PROJECT
The Manbarrum Zinc-Lead-Silver Project Bonaparte Basin, NT, Australia
Presented by
Neil G Biddle Managing Director TNG Ltd
CORPORATE
Chairman Managing Director
Non-Exec Director Non-Exec Director Non-Exec Director
Shares on Issue
John W Barr Neil G Biddle
Michael Bowen Edward Fry Terry Smith
$182m$ ASX: TNG
Cash on hand
Major Share Holders
\$10.0m
Directors 16.7% $14.7%$ ANZ CBH $8.0%$ RAB $7.7%$
Top 20 Shareholders hold 61% of Issued Capital
ASSET SUMMARY
CAWSE EXTENDED NICKEL PROJECT Managed by Norilsk Nickel TNG 20% free carried or 2% NSR Resource 84Mt @ 0.84% NiEq for 690,000t contained Ni Large income potential in short-medium term
NORTHERN TERRITORY PROJECTS
Manbarrum Zinc-Lead-Silver Rover Gold-Zinc-Copper Petermann Ranges Gold-Copper-Uranium Mt Peake Nickel Goddards Copper Croker Island Bauxite
CASH \$10.0 Million
TERRATION IN STRU
Opic Lister ERIME
Danvin
Carlon Shah 20 19 19 19 Euricage Steit a stad
MANBARRUM
- . . . . . . . . . . . . . . . . . . e material
TEnnsnitterek 1.41 1940 - 24 FAQUI
Maria II M
CALGE STRINGS
EGIEN DELLE au 2014.
LOCATION & LOGISTICS
- Large tenement position 100% TNG
- Weaber Gas Field 10km
- Kununurra 82km by road
- Wyndham Port 180km by road
- Darwin 400km by air
2007 EXPLORATION OBJECTIVES
Sandy Creek Main Zone
Drill out and upgrade resource to measured status
Complete metallurgical, geotechnical, environmental to prefeasibility standard
Regional
Demonstrate multiple MVT deposits by RC drilling advanced targets at NEIP, Browns, Djibitgun and Landandi
Upgrade project resource inventory
Identify new targets from IP and Gravity surveys
2007 Exploration Budget + \$8M
TNG Policy – Traditional Owners
- . Health and wellbeing of elders
- Elder and community consultation
- Youth education
- Employment and certified training
Resource Estimation Model - Looking East
Resource Estimation - Results
| Resource Estimation |
Category | Tonnes Mt |
$Zn$ % | Pb% | Ag g/t | ZnEq% $(Zn+Pb)$ |
|---|---|---|---|---|---|---|
| Pipes | Indicated | 3.3 | 3.5 | 0.9 | 6.4 | 3.9 |
| Inferred | 2.1 | 4.6 | 0.3 | 4.1 | 4.7 | |
| Stratabound | Indicated | 3.8 | 1.9 | 0.7 | 5.2 | 2.3 |
| Inferred | 1.3 | 2.0 | 1.3 | 6.4 | 2.6 | |
| Grand Total | 10.5 | 3.0 | 0.7 | 5.5 | 3.3 | |
| Supergene | Indicated | 0.2 | 1.2 | 5.1 | 15.7 | 3.7 |
Loading Sally Malay nickel concentrates at Wyndham Port. Wyndham Port is 180 road km's from Sandy Creek resource
CORPORATE SUMMARY
| Address: | Level 1 282 Rokeby Road Subiaco WA 6008 |
|---|---|
| Telephone: | $+61893270900$ |
| Fax: | $+61893270901$ |
| Share Registry: Computershare Investor Services Level 2 Reserve Bank Building 45 St Georges Terrace Perth WA 6000 |
Contacts:
| Neil Biddle: Managing Director [email protected] |
Mobile: +61 (0)418 915 752 |
|---|---|
| John W Barr: Chairman [email protected] |
Mobile: +61 (0) 418 912 885 |
| Damian Delaney: CFO and Company Secretary [email protected] |
Mobile: +61 (0)438 921 666 |
| Paul Burton: Exploration Manager [email protected] |
Mobile: +61 (0)434 957 535 |
| Simon Dorling: Manbarrum Project Manager [email protected] |
Mobile: +61 (0)421 051 563 |