King River Resources Limited · ASX:KRR
King River Resources — Investor Presentation (September 2017)
17 slides from King River Resources's investor presentation, September 2017
Slide 1: Vanadium Concept Study / New Horizons
VANADIUM CONCEPT STUDY High Purity Vanadium Pentoxide and Titanium Dioxide for Vanadium Electrolyte Battery Market NEW HORIZONS Gold Copper and Silver Exploration in the Kimberley WA and Tennant Creek NT ASX: KRC September 2017
Slide 2: Corporate Overview
CORPORATE OVERVIEW ASX code KRC Share price (4 Sep 2017) $0.01 Issued shares 867.7 million Listed Options 124.4 million Unlisted Options 5.55 million Market capitalisation ~ $9.0 million Cash (30 June 2017) $716,000 Board of Directors Top Shareholders Interest Anthony Barton – Chairman Anthony Barto
Slide 3: Vanadium Concept Study
VANADIUM CONCEPT STUDY A Vanadium Concept Study is underway to investigate the potential of producing a high purity vanadium pentoxide (V2O5) and titanium dioxide (TiO2) from the Central vanadium deposit at Speewah (refer KRC ASX announcement 21 April 2017). • The major objective being to identify t
Slide 4: Location of Vanadium Resources
LOCATION OF VANADIUM RESOURCES ASX:KRC - EXPLORING NEW HORIZONS 4
Slide 5: High Grade Concentrate
HIGH GRADE CONCENTRATE Vanadium occurs in magnetite disseminated in gabbro along with ilmenite which contains most of the titanium. Magnetite and ilmenite are separated from the host gabbro by crushing and grinding to P80 45 microns (0.045mm) by the low intensity magnetic separation (LIMS) techn
Slide 6: Hydrometallurgical Testwork
HYDROMETALLURGICAL TESTWORK Hydrometallurgical testwork commenced in 2017 aiming to produce high purity vanadium pentoxide (V2O5) and titanium dioxide (TiO2) products. o Initial HCl acid leaching of a magnetite concentrate reported: • V recovery of up to 99.1% • Ti recovery of up to 85%. • Optimiz
Slide 7: Project Locations in WA
PROJECT LOCATIONS IN WA • Speewah Dome • Flagship project area • All granted tenements, including Mining Leases • 694 km2 in area • 110 km SW of Kununurra • Significant regional dome structure with major regional faults (King River and Pentecost) • Mt Remarkable • Recent acquisition, granted tenemen
Slide 8: Exploration Strategy
EXPLORATION STRATEGY • KRC plan of action is to test appropriate geological models, and apply cost effective geochemical and geophysical field methods, and new laboratory research techniques, to direct our drilling programmes. • Minimising costs to maximise field activity Quad helicopter drone takes
Slide 9: Mt Remarkable
MT REMARKABLE • Significant historical drill intersections in the Trudi Vein: • 5m @ 15.36g/t Gold (Au) and 35g/t Silver (Ag), including 1m @ 35.55g/t Au and 41.8g/t Ag • 4m @ 15.1g/t Au including 1m @ 57.2g/t Au (KRC ASX announcement 5 April 2016) • Initial field surveys completed over main drilled
Slide 10: Geological Models
GEOLOGICAL MODELS Iron Oxide Copper Gold (IOCG) Model Tennant Creek Source: Large 1991 Targeting high grade gold-silver-copper quartz ± adularia epithermal veins IOCG alteration at Bartons ASX:KRC - EXPLORING NEW HORIZONS 10
Slide 11: Priority Drill Targets at Speewah
PRIORITY DRILL TARGETS AT SPEEWAH • Priority drill targets • Gold-Arsenic Quartz Chlorite Veins in Shears • New discovery of gold-bearing arsenic quartz chlorite veins in both multiple E-W flat dipping thrusts and N-S vertical shears associated with gold-base metal epithermal quartz veins, dolerite
Slide 12: Chapman-Bartons Targets
CHAPMAN-BARTONS TARGETS • New discovery of gold-bearing arsenic- chlorite quartz veins (yellow lines) in both flat dipping and sub-vertical structures • More of the flat dipping veins are found throughout the Speewah Dome (Vaux, Bartons West, Hidden Valley, Gap, Catto, Haydens, Greys, Calamondah, Sp
Slide 13: Tennant Creek Copper Gold
TENNANT CREEK COPPER GOLD • 12 Exploration Licences applications • Treasure Creek Pty Ltd - wholly owned subsidiary of KRC • 6,634 km2 • Tennant Creek copper-gold belt NT • Prospective for Tennant Creek/Rover Style Iron Oxide Copper Gold deposits (IOCG) Refer KRC ASX announcement 8 August 2017. ASX:
Slide 14: Indicative Project Timings
INDICATIVE PROJECT TIMINGS Initial vanadium metallurgical test work completed and reported on 21 August 2017. Q3 2017 Mt Remarkable ground magnetic and rock sampling surveys completed and reported on 30 August 2017. Follow up vanadium metallurgy underway and to be reported. Mt Remarkable RC drilling
Slide 15: Mineral Resource Estimates
MINERAL RESOURCE ESTIMATES FLUORITE Note: Fluorite Resources estimated under JORC 2004 Massive fluorite core Table 1: Fluorite Mineral Resource estimate (10% CaF2 cut-off grade) Zone JORC Classification Tonnage (Mt) V (%) V 2 O5 (%) Fe (%) Ti (%) High Grade Measured Indicated 181 404 0.21 0.20 0.37
Slide 16: Important Notices
IMPORTANT NOTICES Note 1: Competent Persons Statement The information in this report that relates to Exploration, Mineral Resources and Metallurgical Results is based on information compiled by Ken Rogers and Andrew Chapman and fairly represents this information. Mr. Rogers is the Chief Geologist an
Slide 17: Thank You
THANK YOU ASX:KRC - EXPLORING NEW HORIZONS 17
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