Australian Mines Limited · ASX:AUZ

Australian Mines — Investor Presentation (October 2017)

23 slides from Australian Mines's investor presentation, Oct 31, 2017

  1. Slide 1: Sconi and Flemington: Two near-production cobalt-nickel-scandium deposits

    For personal use only Sconi and Flemington: Two near-production cobalt-nickel-scandium deposits ASX: AUZ October 2017 www.australianmines.com.au

  2. Slide 2: Important notes on these slides

    Important notes on these slides For personal use only This document is a visual aid accompanying a presentation to investors by the Managing Director from October 2017. It is not intended to be read as a stand-alone document. It contains select information, in abbreviated or summary form, and does n

  3. Slide 3: Investment Criteria: Australian Mines vs Clean TeQ

    Investment Criteria Australian Mines Clean TeQ Sconi Project Syerston Project Mineral Resource 89 million tonnes 109 million tonnes For personal use only Expected feed grade 0.11% Co & 0.80% Ni 0.13% Co & 0.59% Ni (for the first 20 years Life of Mine) Processing efficiency 93% Co & 93% Ni 93% Co & 9

  4. Slide 4: Australian Mines – a market leader

    For personal use only Australian Mines – a market the leader logical solution Sconi Cobalt-Nickel-Scandium Project Production and processing facility Flemington Cobalt-Scandium-Nickel Project Thackaringa Cobalt Project Key upcoming value drivers

  5. Slide 5: Australian Mines ticks ALL the boxes

    Australian Mines ticks ALL the boxes For personal use only Source: Apex Geoscience Pty Ltd Table based on publicly available information as at 10 July 2017 **Whilst Platina Resources has a low grade 0.06% cobalt resource, their PFS of 10 July According to ASX Listing Rules and the JORC Code, only pr

  6. Slide 6: Australian Mines – a market leader

    For personal use only Australian Mines – a market leader Sconi Cobalt-Nickel-Scandium Project Production and processing facility Flemington Cobalt-Scandium-Nickel Project Thackaringa Cobalt Project Key upcoming value drivers

  7. Slide 7: Sconi Project

    Sconi Project For personal use only 100%-owned Australian Mines’ project Located within 250 kilometres of the approved cobalt exporting port of Townsville in northern Queensland, Australia Existing surrounding infrastructure including; * roads * port * electivity * water * housing * telecommunicatio

  8. Slide 8: Sconi: One Giant Battery

    Sconi: One Giant Battery For personal use only The existing Pre-Feasibility Study has projected the Sconi Project, once in production, could supply at least; 24,000 tonnes of nickel sulphate and 3,000 tonnes of cobalt sulphate per annum for its first 20 years of operation Estimated breakdown of coba

  9. Slide 9: Sconi: Ready for development

    Sconi: Ready for development For personal use only Sconi is de-risked and on the road to a final investment decision ✓ Trial mining in completed ✓ Mining Lease granted ✓ Plant design identified ✓ Electricity source confirmed ✓ Proposed water supply on site ✓ Environmental Licence granted The ore bod

  10. Slide 10: Australian Mines – a market leader

    For personal use only Australian Mines – a market leader Sconi Cobalt-Nickel-Scandium Project Production and processing facility Flemington Cobalt-Scandium-Nickel Project Thackaringa Cobalt Project Key upcoming value drivers

  11. Slide 11: Demonstration-scale plant under construction

    Demonstration-scale plant under construction For personal use only Construction underway of demonstration-size processing plant in Perth, Western Australia Will produce saleable cobalt sulphate, nickel sulphate and scandium oxide samples to progress our negotiations with potential customers First co

  12. Slide 12: One of the largest test plants in Australia

    One of the largest test plants in Australia For personal use only With a throughput capacity of 2,200 kilograms of ore per day the demonstration-scale plant has the potential to deliver a weekly output of: ✓ 67 kilograms of cobalt sulphate (CoSO4.7H2O) ✓ 500 kilograms of nickel sulphate (NiSO4.6H2O)

  13. Slide 13: Australian Mines – a market leader

    For personal use only Australian Mines – a market leader Sconi Cobalt-Nickel-Scandium Project Production and processing facility Flemington Flemington Cobalt-Nickel-Scandium Cobalt-Scandium-Nickel Project Project Thackaringa Cobalt Project Key upcoming value drivers

  14. Slide 14: Flemington Project

    Flemington Project For personal use only Located in central New South Wales, 370 kilometres west of Sydney Direct continuation of Clean TeQ’s Syerston ore body, separated purely by a tenement boundary Continuing to extend and increase the mineral endowment at Flemington through a series of drilling

  15. Slide 15: Flemington Project

    Flemington Project For personal use only Flemington represents a potential second cobalt production source for Australian Mines Present Mineral Resource area covers only 1% of the interpreted prospective host geology within the Flemington project area Resource expansion drilling program to commence;

  16. Slide 16: Australian Mines – a market leader

    For personal use only Australian Mines – a market leader Sconi Cobalt-Nickel-Scandium Project Production and processing facility Flemington Cobalt-Scandium-Nickel Project Thackaringa Cobalt Project Key upcoming value drivers

  17. Slide 17: Thackaringa Cobalt Project

    Thackaringa Cobalt Project For personal use only Australian Mines’ Thackaringa Cobalt Project immediately adjoins Cobalt Blue’s Pyrite Hill and Railway cobalt projects in New South Wales, Australia ASX: AUZ australianmines.com.au 17

  18. Slide 18: Thackaringa: Offers additional cobalt upside

    Thackaringa: Offers additional cobalt upside For personal use only Thackaringa Cobalt Project complements the company’s existing world-class Sconi and Flemington Projects, and cements Australian Mines as one of the country’s major emerging cobalt companies Australian Mines holds 100% interest in thi

  19. Slide 19: Key Upcoming Value Drivers

    For personal use only Australian Mines – a market leader Sconi Cobalt-Nickel-Scandium Project Production and processing facility Flemington Cobalt-Scandium-Nickel Project Thackaringa Cobalt Project Key upcoming value drivers Key Upcoming Value Drivers

  20. Slide 20: Key upcoming value drivers

    Key upcoming value drivers For personal use only 2017 Nov: Commencement of Resource Expansion Drilling at Flemington Commissioning of demonstration-scale processing plant Dec: First shipment of cobalt, nickel and scandium products to potential customers Release of assay results from Resource Expansi

  21. Slide 21: Corporate Overview

    Corporate Overview For personal use only BOARD OF DIRECTORS CAPITAL STRUCTURE Michael Ramsden (Chairman) Market Cap at 8.8cps $208 million Michael Ramsden is a lawyer with more than 25 years' (30 October 2017) experience as a corporate advisor. He has been involved with all forms of finance, includi

  22. Slide 22: For personal use only

    For personal use only ASX: AUZ australianmines.com.au 22

  23. Slide 23: For personal use only

    For personal use only Level 1 / 83 Havelock Street, West Perth, Western Australia, 6005 +61 8 9481 5811 +61 46 777 00 16 bbell@australianmines.com.au www.australianmines.com.au

Australian Mines — Investor Presentation (October 2017) on 6ix