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Resources & Energy Symposium Broken Hill, May 2012 David Price - Chief Executive Officer The Mt Holland Goldfield

Convergent Minerals - Resources & Energy Symposium 2012

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Page 1: Convergent Minerals - Resources & Energy Symposium 2012

Resources & Energy Symposium

Broken Hill, May 2012

David Price - Chief Executive Officer

The Mt Holland Goldfield

Page 2: Convergent Minerals - Resources & Energy Symposium 2012

This presentation has been prepared by Convergent Minerals Limited (“Convergent” or the “Company”). It should

not be considered as an offer or invitation to subscribe for, or purchase any, securities in the Company or as an

inducement to make an offer or invitation with respect to those securities. This presentation contains forecasts,

projections and forward looking information. Such forecasts, projections and information are not a guarantee of future

performance and involve unknown risks and uncertainties, many of which are out of Convergent’s control. Actual

results and developments will almost certainly differ materially from those expressed or implied. Convergent has not

audited or investigated the accuracy or completeness of the information, statements and opinions contained in this

presentation. To the maximum extent permitted by applicable laws, Convergent makes no representation and can give

no assurance, guarantee or warranty, express or implied, as to, and takes no responsibility and assumes no liability

for (1) the authenticity, validity, accuracy, suitability or completeness of, or any errors in or omission from, any

information, statement or opinion contained in this presentation and (2) without prejudice to the generality of the

foregoing, the achievement or accuracy of any forecasts, projections or other forward looking information contained or

referred to in this presentation. This overview of the Company does not purport to be all inclusive or to contain all

information which its recipients may require in order to make an informed assessment of Convergent’s prospects. You

should conduct your own investigation and perform your own analysis in order to satisfy yourself as to the accuracy

and completeness of the information, statements and opinions contained in this presentation before making any

investment decision.

Competent Person’s Statement

The information in this presentation that relates to Exploration Results and Mineral Resources is based on information

compiled by David W. Price who is an Officer of the Company. David is a Fellow of the Australasian Institute of Mining

and Metallurgy, a Member of the Australian Institute of Geoscientists and a Member of the Australian Institute of

Company Directors. David has sufficient experience which is relevant to the style of mineralisation and type of deposit

under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the

2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’.

David consents to the inclusion in this presentation of the matters based on the information in the form and context in

which it appears.

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Disclaimer

Page 3: Convergent Minerals - Resources & Energy Symposium 2012

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Directors and ManagementRob Reynolds Chairman

David Price CEO

Glenn Goodacre Non-Exec Director

John Haggman Non-Exec Director

Gordon Hart Non-Exec Director

Experienced Guidance

ASX Code: CVGQuoted on ASX 18 December 2006

Ordinary Shares 244.5 million

Unlisted Options 31.5 million

Market Cap ($0.035) - Diluted $10 million

Range (12 months) $0.027 - $0.08

Cash on hand (30 April) $4.30 million

Shareholder Shares (M) %Rogo Investments Pty Ltd 10.0 4.1

H Wallace-Smith and Co Pty Ltd 8.1 3.3

Technica Pty Limited 7.1 2.9

Blue Lake Resources Pty Ltd 5.3 2.2

Davies Nominees Pty Limited 5.0 2.1

Directors 17.9 7.3

Page 4: Convergent Minerals - Resources & Energy Symposium 2012

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Mt Holland – easy access

30

30km

Page 5: Convergent Minerals - Resources & Energy Symposium 2012

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Mt Holland

Goldfield

10km

N

12 open cut

gold mines

Page 6: Convergent Minerals - Resources & Energy Symposium 2012

1.34 Mozs of

gold produced

Av grade of 5.21g/t

4% holes >100m

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Partly-mined

Open pits

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Page 7: Convergent Minerals - Resources & Energy Symposium 2012

BLUE VEIN – Underground mine potential

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100m

Gold lodes

+ 2.5g/t Au

RC Drilling 2012

Page 8: Convergent Minerals - Resources & Energy Symposium 2012

Blue Vein – Resource definition

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Page 9: Convergent Minerals - Resources & Energy Symposium 2012

3D image looking north

Earl Grey – Jasmine gold mineralisation +2.5g/t

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50m

Page 10: Convergent Minerals - Resources & Energy Symposium 2012

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Earl Grey – Jasmine

Page 11: Convergent Minerals - Resources & Energy Symposium 2012

Near mine targets

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CONVERGENT MINERALS LIMITED

Page 12: Convergent Minerals - Resources & Energy Symposium 2012

A record of achievement – June half 2012

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Assumed Management of CVG

Raised $5million capital for exploration

Announced successful RC drilling results at Blue Vein

Commenced diamond drilling at Blue Vein

Announced successful RC drilling results at Earl Grey-Jasmine

Identified +40 near-mine targets

Complete current diamond drilling at Blue Vein

Commence resource definition drilling at Blue Vein

Further RC drilling at Earl Grey-Jasmine

Undertake metallurgical tests at Blue Vein

Commence RC drilling at Van Uden

Maiden resource estimate at Blue Vein

What to expect - December half 2012

Page 13: Convergent Minerals - Resources & Energy Symposium 2012

• High grade (visible) gold

• Experienced management with a track record of taking junior

companies into production

• A clear and logical strategy for growth

• 10 partly-mined open pits with cut-back and/or underground

potential

• Excellent infrastructure and easy access

• Recent exploration success likely to continue

• Over 40 near-mine targets identified

• Undervalued stock

CVG – a unique, undervalued opportunity

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