Renascor Resources Ltd · ASX:RNU
Renascor Resources — South Australian Chamber of Mines and Energy presentation, 28 October 2016
26 slides from Renascor Resources's conference presentation, Oct 27, 2016
Slide 1: Presentation to the South Australian Chamber of Mines and Energy
ASX Announcement 27 October 2016 For personal use only Presentation to the South Australian Chamber of Mines and Energy Attached please find a copy of the presentation to be delivered to the South Australian th Chamber of Mines and Energy tomorrow morning, Friday 28 October 2016. BACKGROUND INFORMAT
Slide 2: The Siviour Graphite Deposit
Renascor Resources Limited ASX code: RNU The Siviour For personal use only Graphite Deposit David Christensen Presented to the South Australian Chamber of Mines and Energy 28 October 2016
Slide 3: Important notices
Important notices For personal use only Forward Looking Statements This Presentation may include statements that could be deemed “forward-looking” statements. Although Renascor Resources Limited (the “Company”) believes the expectations expressed in such forward-looking statements are based on reaso
Slide 4: Highlights
Highlights For personal use only Recent Drilling Nearly Quadruples Resource • 60.8 million tonnes @ 7.8% (Total Graphitic Carbon) TGC for 4.7 million tonnes of contained graphite • Higher-grade mineralisation of 22.2 million tonnes @ 10.0% TGC for 2.2 million tonnes of contained graphite • Considera
Slide 5: Renascor corporate profile
Renascor corporate profile For personal use only ASX code RNU Shares currently on issue 438.1M Shares to be issued to acquire EPM* 42.0M Options to be issued to acquire EPM* 15.0M Fully diluted (after EPM acquisition)* 495.1M Cash (30 Sep 16) $2.1M Additional placement proceeds** $0.9M Share price (
Slide 6: Experienced board & management team
Experienced board & management team For personal use only Stephen Bizzell, Non-‐ExecuAve Chairman Stephen is highly experienced in the fields of corporate restructuring, debt and equity financing, M&A and has over 20 years corporate finance and public company management experience in the resources sec
Slide 7: Rapid transition to graphite development
Rapid transition to graphite development For personal use only December 2015 – Non-cash deal Acquisition s 2ENASCOR CAN ACQUIRE OF PROJECT HOLDING COMPANIES %0- AND !USMIN BY ISSUING SHARES s !DDITIONAL ^M SHARES AND M OPTIONS FOR %0- s !USMIN CAN BE ACQUIRED AT BANKABLE FEASIBILITY STAGE BY ISSUING
Slide 8: Siviour graphite deposit
Siviour graphite deposit For personal use only Siviour graphite deposit in South Australia has quickly emerged as a potential commercial graphite development with several key components already established Deposit size and quality Australia’s largest graphite resource with ample scope to grow to glo
Slide 9: Re-rating potential
Re-rating potential For personal use only Renascor currently trades at a significant discount to its peers on an enterprise value per tonne basis given the recent and rapid progress at Siviour. Potential riggers for share price re-rating: Syrah (Mozambique) $1063m Magnis (Tanzania) $309m • Market re
Slide 10: Why graphite in Australia?
Why graphite in Australia? For personal use only Graphite market needs secure supply • China dominates current supply • Emerging production largely from Africa ROW 5% Canada 5% India 5% Renascor aims to Renascor targeting Brasil provide securesecure supply supply from 15% China stable jurisdiction f
Slide 11: Graphite market
Graphite market For personal use only High tech growth areas are adding to historical industrial uses and driving increased demand for flake graphite Lithium Ion batteries Graphene Expandable graphite Super capacitors Green technologies Pebble bed reactors Growing demand from new and emerging techno
Slide 12: Located centrally in Eyre Peninsula graphite corridor
Siviour graphite deposit For personal use only Located centrally in Eyre Peninsula graphite corridor Siviour graphite deposit, showing location and nearby graphite deposits Renascor Resources 11
Slide 13: Graphite deposit: location
Siviour graphite deposit: location For personal use only Optimal location for development and production Favourable jurisdiction • South Australia • Supportive government • Freehold land Port, Road, Rail, Power • Established ports -- Port Lincoln, Whyalla • Highway - 10km • Railhead - 16km • Power -
Slide 14: Large-scale graphite deposit
Siviour graphite deposit For personal use only Large-scale JORC-compliant Mineral Resource of 60.8Mt @ 7.8% TGC for 4.7Mt of contained graphite* Higher-grade portion: 22.2Mt @ 10.0% TGC for 2.2Mt of contained graphite* Open along-strike N-S distance of 300m Average true thickness: 20m Average grade:
Slide 15: Australia's largest graphite deposit
Siviour is Australia’s largest graphite deposit For personal use only Australian Graphite Deposits 20 18 Halberts Yalbra 16 Mt Dromedary South Kookaburra Gully 14 Mt Dromedary Central Grade % TGC Uley Pit 2 12 Campoona Central Siviour (8.5% cut-off) Koppio 10 Campoona Shaft Siviour (3% cut-off) Wilc
Slide 16: Ample scope to grow resource
Siviour – Ample scope to grow resource For personal use only Contained MineralisaAon Category TGC graphite (Mt) (Mt) Indicated* 33.4 8.2% 2.7 Inferred* 27.4 7.4% 2.0 Total* 60.8 7.8% 4.7 Siviour remains open at shallow depths Undrilled high conductivity target extending north from western portion of
Slide 17: Flat-lying and near-surface
Siviour deposit – Flat-lying and near-surface For personal use only Siviour has unique shallow, flat-lying orientation Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 16
Slide 18: Flat-lying and near-surface
Siviour deposit – Flat-lying and near-surface For personal use only Other graphite deposits are deeper, more vertical e Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 17
Slide 19: Flat-lying and near-surface
Siviour deposit – Flat-lying and near-surface For personal use only Other graphite deposits are deeper, more vertical Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 18
Slide 20: Flat-lying and near-surface
Siviour deposit – Flat-lying and near-surface For personal use only Other graphite deposits are deeper, more vertical Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 19
Slide 21: Flat-lying and near-surface
Siviour deposit – Flat-lying and near-surface For personal use only Siviour offers lower- strip ratio, lower-cost mining Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 20
Slide 22: Graphite Deposit – Flake size
Siviour Graphite Deposit – Flake size For personal use only Petrological examination shows abundance of flake graphite at Siviour High proportion of coarse flake Siviour high-grade drill samples return: • 62% in super-jumbo (+500µm) category • Up to 1,600µm Strong basis for producing high quality co
Slide 23: Graphite Deposit – Metallurgy
Siviour Graphite Deposit – Metallurgy For personal use only Positive preliminary results Simple bench flotation tests on adjacent prospect • 87% recoveries • Up to 94.9% purity of concentrates • Super-jumbo (600µm) graphite Tests on Siviour ore currently underway • Initial results confirm recovery o
Slide 24: Forward work programs
Forward work programs For personal use only Renascor intends to fast-track Siviour through development and into production High-grade graphite Renascor option to purchase Resource delineation drill program Flake size and purity JORC resource Mineral processing testing Drilling to expand/increase con
Slide 25: Graphite Deposit - Conclusions
Siviour Graphite Deposit - Conclusions For personal use only Siviour is large and growing Australia’s largest graphite deposit, with potential to reach globally competitive scale High-quality coarse flake graphite High proportion of valuable jumbo and super-jumbo flake from petrological samples Pote
Slide 26: Thank you
For personal use only Thank you Renascor Resources 25