2. CVI Investment Highlights
Private company with experienced management
International coloured gemstone expertise
Exploring global targets - the big five stones
Focused on low cost, fast-track projects
Near-term production and positive cash flow
Market share for coloured stones on the rise
Follows best practises in CSR protocols
3. Business Model
Crusader Ventures will:
explore, mine and market international
gemstone and mineral resources
with a leading edge, revenue-driven and
value-added business model
to advance properties and projects to their
maximum effect for shareholder value
4. Corporate Principles
Crusader Ventures will be guided by the first
principles of corporate social and shareholder
responsibility coupled with a professional culture
for achieving best practises in mineral exploration,
mineral development, human resource, health,
safety and environmental protocols.
5. Operations Management
Crusader Ventures will manage its growth by:
building in-country relationships,
consulting and investment opportunities
operating partnerships and joint ventures with
local exploration, mining and business groups,
strategic alliances with downstream cutting
facilities for specific products.
6. Project Development
Crusader Ventures will develop revenue streams by:
Mining and processing coloured gemstone rough
from multiple sources
Manufacturing contracts with select product-
specific cutting houses
Building in-house inventory of loose polished
goods for direct sales into the wholesale market
7. Exploration - Country Focus
Crusader Ventures intends use its technical
expertise to identify, acquire, explore and develop
property opportunities in regions known for
production of high quality gemstones.
Cambodia, Laos, Thailand, Vietnam
Madagascar, Tanzania, Brazil
Canada, USA
9. Project Due Diligence
Ruby and pink sapphire, grade 3-6 ct/t
Polished goods suitable for wholesale market
Melee goods comprise majority of carats
Phase 1 valuation US$40-450 per carat
Large polished goods, over 0.5ct to 3.80ct
Phase 1 valuation US$300-1,500 per carat
Property targets, regional potential, historic Pailin
10. Country Investment Highlights
Rising economy in Cambodia
Stable government, tax and royalty regime
No export limitations on rough or revenue
Proximal to mining suppliers, cutting industry
and growing Asian markets
Low cost base for operations, experienced
work force, excellent project security
11. Geological Framework
Geo type - intra-plate flood basalts
Provenance - deeply weathered alkali basalt
Age - Late Mesozoic to Late Cenozoic
Major sapphire production worldwide in
secondary hosts in basaltic terranes
Laos, Vietnam, Thailand, China, Russia,
Australia, Tasmania
13. Regional Mining History
The ruby and sapphire mines of the
Chantaburi, Trat and Pailin district, one of the
world’s pre-eminent producing regions,
generated many tens of millions of carats of
high quality gems mainly sourced from
alluvials, and to a lesser degree, from eluvial,
weathered bedrock deposits.
14. Luc Yen
Ban Huai
Mogok Sai
Bo Ploi Quy Chau
Chantaburi-
Trat-Pailin
Principal ruby and sapphire mining areas of southeast Asia
28. Sen Chao Activities
Bulk sampling of eluvial and saprolitic ore
completed - 500 tonnes from mining area
Primary processing conducted on site
Professional geological oversight
Concentrate shipment to Canada for upgrading
and sorting, test cutting overseas
Independent valuation of rough and polished
33. Sen Chao Activities
Sorted ruby to Bangkok for heating
Heated ruby to Thailand, Sri Lanka, China,
USA and Canada for cutting and polishing
Independent, multiple, loose polished
wholesale valuation
Test sales with receipt of net revenue to
Crusader Ventures
34. Product Development
Ongoing development of optimal mineral
processing and sorting parameters
Ongoing heating tests to optimize colour and
colour distribution
Ongoing assessment of cutting houses for
optimal rough usage, yield, size distribution,
shape, quality of cutting, and goods valuation
38. Polished Stone Valuations
Three independent professional gem valuations
96 faceted stones from artisanal mining
Melee goods comprise majority of carats
Phase 1 valuation US$40-450 per carat
Average melee goods US$134.85 per carat
Large goods, over 0.5ct to 2.31ct
Phase 1 valuation US$300-1,500 per carat
39. Sen Chao Plans
Confirm process design specifications
Equipment procurement – capex <US$2MM
Concurrent detailed exploration, resource definition,
site engineering, and mine facilities construction
Mine process plant commissioning
Projected operation end of Q2 2010
Commercial sales revenue by Q4 2010
40. Production Overview
Process 500-1000tpd @ 1ct/t polished
Valuation @ US$40-250/ct melee goods
Royalty - Kingdom of Cambodia 10% on rough
Corporate tax in Kingdom of Cambodia 20%
Rough mainly exported to cutting houses
Polished sales via marketing company
Production dividends paid to shareholders
41. CVI Investment Highlights
Experienced management team
International coloured gemstone expertise
Focus on ruby, sapphire, alexandrite, emerald
Low cost, small footprint, fast-track projects
Near-term production and cash flow generation
Market share for coloured stones on the rise
Best operating practice in CSR protocols
42. Thank you.
Khmer children photographed at their home, Samlot North, April 2009