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DOME GOLD MINES LIMITED THE NEW FORCE IN MINING IN FIJI Slide 1 - - PowerPoint PPT Presentation
DOME GOLD MINES LIMITED THE NEW FORCE IN MINING IN FIJI Slide 1 - - PowerPoint PPT Presentation
DOME GOLD MINES LIMITED THE NEW FORCE IN MINING IN FIJI Slide 1 Disclaimer This Presentation has been prepared by Dome Gold Mines Ltd (Dome Gold) (Presentation). It is being provided by Dome Gold to parties (Recipients) for use by
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Disclaimer
This Presentation has been prepared by Dome Gold Mines Ltd (“Dome Gold”) (“Presentation”). It is being provided by Dome Gold to parties (Recipients) for use by Recipients in obtaining information about Dome Gold Mines Ltd (“Information”). This Presentation is not a prospectus, any other form of disclosure document or product disclosure statement within the meaning of the Corporations Act 2001 or an offer to subscribe for shares and it has not been lodged with the Australian Securities and Investments Commission. The Information is not being provided to Recipients as an invitation or offer of shares, whether or not such invitation or offer would require disclosure under Section 708 of the Corporations Act 2001. No financial product advice is provided in the document related to the issue of shares in Dome Gold and nothing in the document should be taken to constitute a recommendation or statement of opinion that is intended to influence a person or persons in making a decision to invest in shares in Dome Gold. To the maximum extent permitted by law, no representation, warranty or undertaking, express or implied, is made and, to the maximum extent permitted by law no responsibility or liability is accepted by Dome Gold or their directors, employees, agents, advisers and consultants (Representatives) as to the adequacy, accuracy, completeness or reasonableness of the Information or any other written or oral communication, transmitted or made available to any Recipient. To the maximum extent permitted by law, no responsibility for any errors or
- missions from this Information whether arising out of negligence or otherwise is accepted by Dome Gold or their Representatives. Dome
Gold and their Representatives have no liability for any costs incurred by a Recipient in relation to the use of the Information. The Information has been prepared as of the date on the cover page. The delivery of the Information after that date does not imply, and should not be relied on as a representation or warranty that there has been no change since that date in the affairs or financial condition of Dome Gold or that the information contained in this Presentation remains correct at, or at any time after, that date. No part of this document may be shown or distributed to third parties or reproduced, stored or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise without prior written permission of Dome Gold.
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Company Overview
Dome Gold Mines…
- Is an Australian mining company with gold, copper and iron ore
assets in Fiji
- Has a flagship project which offers excellent scope to move rapidly
towards feasibility and development during 2014-15
- Holds 50,338 ha of very prospective land in three tenements
- Has an experienced, highly qualified Board and management
- Can demonstrate very strong Fiji geology, exploration and business
credentials
- Is backed by international investors, who have contributed over $8
million to date
- Listed successfully on the ASX on October 22nd, 2013
The People
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Experienced Board
Chairman Director Director Director Company Sec.
Garry Lowder Geologist Marcelo Mora Accountant Allen Jay Geologist Andrew Skinner Chartered Acc. Tadao Tsubata Investment Mngt.
Exploration Management Team
John McCarthy Consulting Geologist Suliano Niurou Senior Geologist
Supported by a team of Fijian geologists and field assistants
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Benefits of Fiji
- Mining friendly government and culture
- Well mineralised region
- Local examples for all our targets
- Corporate Tax Rate is 20%
- High level local expertise
- Suliana Niurou: Highly experienced
exploration geologist and former senior economic geologist, Mines Dept in Fiji
- Allen Jay: More than 15 years of Fiji
exploration experience; former manager at Namosi for Placer
Dome project Major mining/exploration project
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Exploration & Corporate History
- 1960s – 1980s: Exploration by Anglo, Placer, Amoco et al
- October 2007: Current tenements granted to Dome Mines (Fiji company)
- 2008-2010: Initial field programs conducted ; including MMI geochemistry
and seismic survey; attractive targets identified
- Mid 2011: Dome Gold Mines Limited formed and acquires Dome Mines Ltd
and its interests in Fiji
- 2011-12: Follow up field work; epithermal gold and porphyry copper-gold
targets confirmed
- 2012: Mineral sand (iron ore) potential recognised at Nasivi Delta
- 2012: Sonic drilling at Nasivi in October-November: 36 holes completed
- 2012: MMI soil geochemistry on Ono island – finds gold-silver-copper
anomaly in “Emperor Gold Mine” geological setting
- 2013: Pilot plant processing of bulk sand sample commissioned- Robbins
Metallurgical
- 2013: Renewal of the three tenements for 3-year terms
- 2013: IPO and listing of securities on the ASX (October)
- 2013: New phase of drilling begins at Nasivi (November)
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The Projects
Three wholly owned projects with distinct target models, each with local examples
Nadrau Project Commodities: copper and gold Status: Exploration Target : Giant Cu-Au porphyry Example: Namosi Kadavu Islands Project Commodities: gold, silver, copper Status: Exploration Target: High-grade gold-silver Example: Vatukoula Nasivi Delta Project Commodities: Mineral sands (Iron ore) and gold Status: Drilling underway Target: Near term production Example: Mba Delta
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NASIVI DELTA PROJECT
- Flagship project – large mineral sand deposit
- Both onshore and offshore
- Contains abundant heavy minerals, including
magnetite (iron ore), ilmenite, olivine and gold (downstream from Vatukoula)
- Initial drilling completed: 36 holes
- New phase of drilling commenced
- Targeting production by conventional
dredging within 2 years
- Robust and competitive project potential
SPL 1454 4125 ha of Nasivi River delta NASIVI DELTA Making Dome a Mining Company
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Onshore Nasivi Delta, looking south
NASIVI DELTA PROJECT
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- Phase I drilling completed and
Phase II commenced
- Initial resource estimate due 2014
- Feasibility study in 2015
- Analogue of Mba Delta and
Sigatoka River
- Mba Delta resource = 220Mt @
10.9% Fe
- Mba project held by Amex
Resources Ltd (code AXZ )
NASIVI DELTA PROJECT
Sand flats at onshore at Nasivi
FORWARD PROGRAM
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Magnetite sand at Nasivi Delta Ionic Leach gold geochemistry at Nasivi Delta Targeting gold and magnetite iron ore
NASIVI DELTA PROJECT
Phase I sonic drill hole locations at the Nasivi Delta and first line for Phase II
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NASIVI DELTA PROJECT
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Sonic drill rig in use by Dome at Nasivi Delta Soft sediment “core” being extruded from the sonic drill
- Sonic drill is a major technological advance
- Further drilling commenced this week
- Produces high quality samples
- Low cost and fast
- Key to establishing resources
NASIVI DELTA PROJECT
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Sonic core logging at Nasivi Delta Weighing of half-core samples in preparation for laboratory analysis
NASIVI DELTA PROJECT
Geological cross section at Nasivi looking north Note thick iron sand deposits developing toward the NW
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- 36 holes drilled to date
- Average iron sand thickness from 36 holes = 8m
- Average heavy mineral content -1mm fraction = 29.4%
- Best hole to date is SVS035: 19m @ 36.5% heavy minerals
NASIVI DELTA PROJECT
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NASIVI DELTA PROJECT
Pilot plant test program – photo shows shaking table products; black band representing ilmenite-magnetite (iron ore); green band (metal casting sand?); brown band (reclamation sand)
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- Average iron sand thickness from 36 holes = 8m
- Average heavy mineral content -1mm fraction = 29.4%
- Best hole to date is SVS035: 19m @ 36.5% heavy minerals
NASIVI DELTA PROJECT
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- Prime targets are epithermal gold-silver deposits
- Geological setting very analogous with Emperor
Gold Mine at Vatukoula
- Also has porphyry copper-gold potential
- Good access with promising drill targets emerging
- Target definition by soil sampling in 2013
- IP surveys & reconnaissance drilling 2014
SPL 1451 4213 ha in two parts Kadavu and Ono Islands KADAVU Targeting discovery of Emperor-like high grade gold-silver deposits
KADAVU ISLANDS PROJECT
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Gasele Prospect Ono Prospect
KADAVU ISLANDS PROJECT
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Ionic Leach Gold (ppb) Ionic Leach Copper (ppb)
KADAVU ISLANDS PROJECT
Ono Island soil geochemistry targets
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- 42,000 ha located just north of giant
Namosi porphyry copper-gold deposits (Newcrest JV)
- Two main intrusive centres with many
porphyry style features
- Strongly encouraging results at the
Wainivau & Namoli Prospects
- Geology very analogous with Namosi
- Target definition 2013
- IP surveys & exploration drilling 2014/15
SPL 1452 – NADRAU Giving Dome world class discovery potential
Namosi porphyry copper-gold deposits Namoli & Wainivau Prospects Wainivalau Intrusive target
NADRAU PROJECT
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Wainivau & Namoli Prospects
Ionic Leach soil geochemistry targets
Gold (ppb) Copper (ppb)
NADRAU PROJECT
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Budget Year 1 Year 2 Total Nasivi Delta (SPL 1454)
$ 210,406 $ 227,939 $ 438,345
Central Viti Levu (SPL 1452)
$ 87,669 $ 162,188 $ 249,857
Kadavu (SPL 1451)
$ 78,902 $ 109,586 $ 188,488
TOTAL EXPLORATION
$ 376,977 $ 499,713 $ 876,690
Focus is on Nasivi Delta over next two years; other projects will ramp up when cash flow comes from Nasivi
Exploration Budget
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Nasivi:
- Sonic drilling onshore for balance of 2013
- Sonic drilling from barge off-shore in early 2014
- Sample analysis at Robbins Metallurgical
- Objective to produce initial JORC resource estimate by second quarter 2014
- Move on to feasibility in late 2014
Kadavu:
- IP surveys of gold & multi-element Ionic Leach anomalies on Ono Island
- Reconnaissance drilling later in 2014
- Targeting epithermal gold-silver deposit
Nadrau:
- IP survey of copper-gold multi-element anomalies
- Reconnaissance drilling in late 2014 or 2015
- Targeting Namosi-like porphyry copper-gold deposit(s)
Current Program
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- Strong geographic and commodity focus
- Exposure to iron ore, gold and copper
- Fiji is mining friendly, with an attractive investment environment
- Dome has high quality geological, exploration and business expertise in Fiji
- Balanced portfolio comprising well defined targets, all with local analogues
- Sound business strategy –
- Explore and evaluate Nasivi as first priority;
- Develop mineral sand dredging operation
- Fund detailed exploration, evaluation and development of Kadavu and
Wainivau from cash flow generated at Nasivi
Why Invest in Dome?
Each of Dome’s projects has something special:
- Nasivi Delta: potential for quick progression to cash flow to fuel future
growth
Uncomplicated, low cost evaluation process, with excellent access Could be developed as conventional mineral sand dredging operation Potential products are titanomagnetite, “green” metal casting sand and quartz reclamation sand Robust project that can be scaled to match available capital
- Kadavu (Ono Island): could contain another Emperor Gold Mine
- Nadrau: potential for world class Namosi-like porphyry copper
deposit(s)
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Why Invest in Dome?
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Competent Person: The contents of this presentation that relate to geology and exploration results are based on information compiled by consulting geologist John V McCarthy, who is a Member of the Australian Institute of Mining and Metallurgy. He has sufficient experience relevant to the styles of mineralisation and types of deposits under consideration and to the activity being undertaken to qualify as a “Competent Person”, as defined in 2004 edition of the Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC code). John V McCarthy consents to the inclusion in this presentation of the matters compiled by him in the form and context in which they appear. Note: JORC Resource information on the Mba Delta, Emperor Gold Mine and Namosi is from published and publically available company reports and/or presentations.
Competent Person Statement
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