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DART Mining – AGM Presentation| 28 November 2016 Dart Mining NL AGM Presentation James Chirnside Managing Director November 28 2016 ASX:DTM For personal use only

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Page 1: Dart Mining NL - Home - Australian Securities Exchange … Mining NL AGM Presentation James Chirnside Managing Director November 28 2016 For personal use only ASX:DTM DART Mining –

DARTMining– AGMPresentation| 28November 2016

DartMiningNLAGMPresentation

JamesChirnsideManagingDirectorNovember282016

ASX:DTMFor

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Page 2: Dart Mining NL - Home - Australian Securities Exchange … Mining NL AGM Presentation James Chirnside Managing Director November 28 2016 For personal use only ASX:DTM DART Mining –

DARTMining– AGMPresentation| 28November 2016

Corporate&ManagementDirectory

External

LegalAdvisors–ResourcesLawInternational

Accountants– LowellAccountingServices

Auditors–MSIRaggWeir

Tax&R&DAdvisor– InternationalTechnology

Group

Internal

JamesChirnside–ManagingDirector

RussellSimpson–Director

LukeRobinson–Director

DeanTurnbull– Geology&Exploration

JohnCoombs– FinanceandAdministration

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Page 3: Dart Mining NL - Home - Australian Securities Exchange … Mining NL AGM Presentation James Chirnside Managing Director November 28 2016 For personal use only ASX:DTM DART Mining –

DARTMining– AGMPresentation| 28November 2016

TechnicalAdvisoryTeam

Mr.DeanTurnbull– GeologyandExploration

Dr.RodneyBoucher– GeologyandExploration

Mr.SimonLaw– Mineraleconomics,MineEngineering

Mr.CarlSwensson– Lithium,Uranium,Porphyries

Mr.DavidFoster– MetallurgyandProcessingeconomics

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Page 4: Dart Mining NL - Home - Australian Securities Exchange … Mining NL AGM Presentation James Chirnside Managing Director November 28 2016 For personal use only ASX:DTM DART Mining –

DARTMining– AGMPresentation| 28November 2016

ThreeCommercialStrategies

1. GoldProductionØ OrogenicØ Relativelysmall-scale,RestrictedlifeofmineØ ContemporaryandHistoricworkings

2. LithiumØ RegionalexplorationprogramØ Targetdykeidentification

3. PorphyriesØ IMpreparationØ PorphyrymarketingprogramJVFarm-outnegotiations

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Page 5: Dart Mining NL - Home - Australian Securities Exchange … Mining NL AGM Presentation James Chirnside Managing Director November 28 2016 For personal use only ASX:DTM DART Mining –

DARTMining– AGMPresentation| 28November 2016

Historic-focusActivitiesSummary

Geology,Exploration,DevelopmentØ ContinuousexternalprojectsassessmentØ CompilationandpublishingofgeologicalsummarydocumentoutliningDartsmineralprospectsØ Tenementandprojectjoint-ventureestablishmentØ AdvancementoftechnicalunderstandingoninternalGoldandLithiumdevelopmentprojectsØ TenementsrationalisationandapplicationlodgmentsØ CompletionofeconomicviabilitystudyaroundUnicornMo,Cu,Agproject(unviableatthisprice)Ø DesignanddevelopmentofLithiumexplorationprograms

Corporate,AdministrativeØ AdvancementandconclusionoflegacylegaldisputesØ 2012,2013R&Dre-submissionØ 2014,2015R&DsubmissionandpaymentØ Expensereductionandbusiness rationalisationØ Strategydefinitionandimplementation

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Page 6: Dart Mining NL - Home - Australian Securities Exchange … Mining NL AGM Presentation James Chirnside Managing Director November 28 2016 For personal use only ASX:DTM DART Mining –

DARTMining– AGMPresentation| 28November 2016

Forward-focusActivitiesSummary

Geology,Exploration,DevelopmentØ ContinuousexternalprojectsassessmentØ PreparationofPorphyryinformationmemorandumsØ Landmanagementinitiativesincludingestablishmentofretentionlicenses(RL)Ø FurtheradvancementandunderstandingofnumerousinternalGoldandLithiumprojectsØ DynamicupdatestogeologicalsummarydocumentØ SpecifyandcostplantandtailingsfacilitiesforregionalGoldproductionandToll-treatmentØ SeekfasttrackapprovalsforpermittingØ CompleteeconomicmodellingonGoldprojectsØ DesignandscopeGeochemistry,GeophysicsandDrillingprograms

Corporate&AdministrativeØ R&D2012,2013submission disputeresolution(expectendofMarch2017)Ø ResolveongoingunfairdismissaldisputewithformerCEOØ Establishfieldofficeanddrill-corestoragefacilityclosertoDart’sLithiumtenementsatBeechworthØ Capitalraisingforestablishmentofregionalgoldprocessingfacility,goldoreextraction,androlloutof

comprehensivelithiumexplorationprogram.Ø Porphyrymarketingprogram-postRLapplication

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Page 7: Dart Mining NL - Home - Australian Securities Exchange … Mining NL AGM Presentation James Chirnside Managing Director November 28 2016 For personal use only ASX:DTM DART Mining –

DARTMining– AGMPresentation| 28November 2016

TenementStatusTenement

NumberName

Tenement Type

Area (Grats)Unless

specifiedInterest Location

EL4724 Buckland2 Exploration 40 100% NE Victoria

EL4726 Dart1&2 Exploration 164 100% NE Victoria

EL5058 Cudgewa Exploration 216 100% NE Victoria

EL5194 Mt. Alfred Exploration 51 100% NE Victoria

EL006277 Empress Applic. ~220 100% NE Victoria

EL006300 Eskdale3 Applic. ~240 100% NEVictoria

EL5468 Upper Murray Exploration 148 100% NE Victoria

ML5559 Mt View2 Mining 4.8 Ha 100% NE Victoria

ML5246 Chinaman’s4 Mining 5 Ha 50% JV Central Victoria

ML5306 Phoenix4 Mining 5 Ha 50% JV Central Victoria

ML5538 Rushworth4 Mining 34.8 Ha 50% JV Central Victoria

EL4697 Beechworth4 Exploration 36 50% JV NE Victoria

EL5315 Mitta Mitta4 Exploration 195 50% JV NE Victoria

§ EL006277(Empress)andEL006300(Eskdale)underapplicationandawaitingapproval.

§ EL5467(McCormack’s)wassurrenderedduringtheMarchQuarter2016.

§ RenewalapplicationssubmittedduringtheDecemberQuarterforEL4724(Buckland)andEL4726(Dart)approved to30/10/2017.

§ RenewalapplicationsforthethreeRushworthjointventureminingtenementsML5246,5306and5538areapproved to2/5/2019.

§ ARetentionLicense(RL)ApplicationoverthehighlyprospectiveportionsofEL4697(Beechworth)ispendingapproval,explorationactivitieswithintheareaofEL4697coveredby theRLApplicationarepermitted.

§ Alltenementsremainingoodstandingat31Oct2016(AdditionalNotes– seeDTMJuneQuarterlyReport).

NOTE1:UnicornProjectareasubject toa2%NSRRoyaltyagreementwithBCKPLimited(OrionMineFinance)dated29April 2013.

NOTE2:Areassubject toa1.5%FoundersNSRRoyaltyAgreement.

NOTE3:Areassubject toa1.0%NSRRoyaltyAgreementwithMinvest CorporationPtyLtd(SeeDTMASXRelease1June2016).

NOTE4:Areassubject toaJointVentureAgreementwithNMVPtyLtd(SeeDTMASXRelease13November2015)applies toGoldproductiononly.Othercommerciallyexploitedmineralswithin the JointVenture tenementareaswithNMVPtyLtdaresubject toa1%NetSmelterRoyaltyAgreementpayable toNMVPtyLtd.F

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Page 8: Dart Mining NL - Home - Australian Securities Exchange … Mining NL AGM Presentation James Chirnside Managing Director November 28 2016 For personal use only ASX:DTM DART Mining –

DARTMining– AGMPresentation| 28November 2016

*SeeDTMASX9August2016

LithiumStrategyAdopted§ LithiumExplorationStrategyInitiatedWithStrategicTenementPackage§ LithiumConfirmedInFirstAssaysUpTo1.57%*Li2OWithinLCTPegmatite§ TantalumConfirmedInFirstAssaysUpTo1172ppm*Ta2O5

§ DartMiningConfirmsLCTNatureOfTheDorchap DykeSwarmAndIsTheFirstToExploreForLithiumAlongA50kmLongZoneInNEVictoria

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Page 9: Dart Mining NL - Home - Australian Securities Exchange … Mining NL AGM Presentation James Chirnside Managing Director November 28 2016 For personal use only ASX:DTM DART Mining –

DARTMining– AGMPresentation| 28November 2016

GeologicalSettingShowsLithiumPotential

SimplifiedgeologicalinterpretationanddepositmodelalongtheDorchap DykeSwarm(NNWtrendingsectionline)showingpotentialzonesoflithium-fertilePegmatites–magentahatch.AlsoillustratesOrogenicgoldandAu/CuPorphyry potentialwithintenements(offsection).

§ LCTNatureofTheDorchap DykeSwarmEvidentoversome50kms

§ LimitedassaydatafromGSVandBHPshowLithiumFertilePegmatitewithinEL5315

§ Previousmappingshowsmorethan1840dykesalongthedykeswarm*

§ LithiumExplorationStrategyInitiated:o StrategicTenementPackageo BlueJacketOrientation

Programnearcompletiono RegionalStreamSediment&

SoilProgramScheduledforMarchQuarter2017

*SeeDTMASX9August2016For

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Page 10: Dart Mining NL - Home - Australian Securities Exchange … Mining NL AGM Presentation James Chirnside Managing Director November 28 2016 For personal use only ASX:DTM DART Mining –

DARTMining– AGMPresentation| 28November 2016

SummaryPoints

Ø Thefuturecommercialactivitiesarepredicatedonraisingcapitalwhichwewillundertakeinfirstquarter2017

Ø Establishmentofregionalgoldprocessingplantforinternalandtoll-treatmentactivities

Ø Potentiallarge-scalelithiumbearingdykeswarmwithassayedcommercialgradesamplesofLi,Ta

Ø AnomalousSn,Ta,NbØ R&DTaxissueinitsfinalphaseandweexpectpositiveresolutionØ Reasonabletoassume12-18monthstosmall-scalegoldproductionsubjecttofinancing

Ø RetentionlicensecontainingPorphyrieshopefullygrantedwithin3monthsØ PorphyrymarketingprogramtostartassoonasRLgrantedØ PorphyryJVnegotiationswithin6-12months

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Page 11: Dart Mining NL - Home - Australian Securities Exchange … Mining NL AGM Presentation James Chirnside Managing Director November 28 2016 For personal use only ASX:DTM DART Mining –

DARTMining– AGMPresentation| 28November 2016

Disclaimer

TheinformationcontainedinthisdocumentisdisclosedtoyoubyDartMiningNL(ACN119904880)(the"Company").

Nothing in this document shall form the basis of any contract or commitment, or constitutes investment, financial product, legal, taxor other advice. The information in this document does not take into account your investment objectives, financial situation orparticular needs.

The Company has prepared this document and is not aware of any errors in this document, butdoes not make any recommendationsor warranty, express or implied concerning the accuracy of any forward looking statements or the likelihood of achievement orreasonableness of any assumptions, forecasts, prospects or returns contained in the information. Such assumptions, forecasts,prospects or returns areby their naturesubject to significantuncertainties and contingencies.

This document is intended to provide background information only and does not purport to make any recommendation upon whichyou may reasonably rely without taking further and more specific advice. Potential investors should make their own decision whetherto purchase any share in the Company based on their own enquiries. Potential investors are advised to seek appropriate independentadvice, if necessary, to determinethesuitability of the investment.An investment in theCompany shouldbeconsidered speculative.

This document is nota prospectus or other disclosuredocument.

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