Blackstone Minerals Ltd · ASX:BSX
Blackstone Minerals — RIU Resurgence Conference 2020
23 slides from Blackstone Minerals's conference presentation, Sep 16, 2020
Slide 1: Corporate Presentation September 2020
CORPORATE (ASX:BSX) September 2020 www.blackstone .com.au admin@blackstone .com.au
Slide 2: Project Portfolio
Project Portfolio Silver Swan South Project 03 (Gold-Nickel) ▪ Drill ready targets for both nickel sulfide and gold along strike of major gold and nickel sulfide mines, accessed via sealed road ~40km from Kalgoorlie, Western Australia 02 ▪ Aircore drilling 500m x 300m gold anomaly with best result t
Slide 3: Corporate Overview
Corporate Overview Blackstone Minerals is a leading battery and precious metals exploration and development company focused on the flagship Ta Khoa Nickel PGE (Cu Co) sulfide project ASX Code BSX Board of Directors Shares on Issue (pro forma) 317.7m Over 20 years corporate and technical experience,
Slide 4: Nickel – the Fastest Growing Battery Raw Material
Nickel – the Fastest Growing Battery Raw Material Nickel and Cobalt are used in the most dominant battery chemistries for electric vehicles (EVs) – NMC (Ni Mn Co) and NCA (Ni Co Al) • Cathode and battery manufacturers are moving towards higher nickel and lower cobalt chemistries (migration from NMC
Slide 5: Nickel – Class 1 vs Class 2
Nickel – Class 1 vs Class 2 Tesla’s Elon Musk stated that he would award a “giant contract for a long period of time if you mine nickel efficiently and in an environmentally sensitive way” Class 1 nickel Class 2 nickel Suitable for batteries ✓ Suitable for stainless steel ✓ ✓ Sourced from sulfide
Slide 6: EcoPro - World’s Second Largest and Korea’s Largest Nickel-rich Cathode Manufacturer
EcoPro - World’s Second Largest and Korea’s Largest Nickel- rich Cathode Manufacturer Blackstone recently partnered with EcoPro, the world’s second largest nickel-rich cathode manufacturer: • EcoPro is a South Korea-based company engaged in the battery and environment material businesses • EcoPro ma
Slide 7: Ta Khoa Nickel-PGE (Cu Co) Sulfide Project
Ta Khoa Nickel-PGE (Cu Co) Sulfide Project Large Scale, Infrastructure Advantage, Epicentre of Asia Electronics and EV Manufacturing Large scale modern underutilised hydroelectric power generation within Son La province, Vietnam Vietnam is the centre of a large electronics manufacturing industry wit
Slide 8: Ta Khoa Nickel PGE (Cu Co) Sulfide Project
Ta Khoa Nickel PGE (Cu Co) Sulfide Project 8
Slide 9: Ta Khoa Nickel District Geological Setting and Deposit Model
Ta Khoa Nickel District Geological Setting and Deposit Model Deposit Model Norilsk District Nickel PGE (Cu Co) Ban Phuc Tunguska Flood Basalts Circum Pacific orogens Ni-Cu – (PGE) Transbaikal backarc rifts Sulfide-dominated deposit1 • Ta Khoa Nickel District analogy Altaid orogenic collage Ni-Cu Sul
Slide 10: Ta Khoa Nickel PGE (Cu Co) Sulfide Project – Latest Ban Phuc drill results
Ta Khoa Nickel PGE (Cu Co) Sulfide Project Latest Ban Phuc drill results; King Cobra Discovery Ban Phuc Drillhole Locations – Plan View Ban Phuc 3D-View Drill Results and Infrastructure Aggressive Blackstone drill program ongoing at Ban Phuc disseminated sulfide (DSS) Ban Phuc Blackstone has drilled
Slide 11: Ban Phuc DSS – King Cobra Discovery
Ban Phuc DSS – King Cobra Discovery Section 49950 • Blackstone recently discovered the King Cobra shallow, high grade zone within the Ban Phuc DSS • The King Cobra discovery provides a potential vector towards the high grade “feeder zone” • Approximately one third of the Ban Phuc DSS target is open
Slide 12: Ban Phuc DSS – King Cobra Discovery
Ban Phuc DSS – King Cobra Discovery www.blackstone .com.au admin@blackstone .com.au 12
Slide 13: Ta Khoa Nickel – PGE (Cu – Co) Sulfide District
Ta Khoa Nickel – PGE (Cu – Co) Sulfide District Underexplored district scale nickel sulfide opportunity • District scale Nickel PGE (Cu Co) sulfide project • Over 25 advanced stage massive sulfide vein (MSV) targets and a number of large bulk-tonnage disseminated sulfide (DSS) prospects • Blackstone
Slide 14: Ban Chang – Massive Sulfide in Maiden Drill Holes
Ban Chang – Massive Sulfide in Maiden Drill Holes 14 www.blackstone .com.au admin@blackstone .com.au
Slide 15: Ban Chang – Massive Sulfide in Maiden Drill Holes
Ban Chang – Massive Sulfide in Maiden Drill Holes 15 www.blackstone .com.au admin@blackstone .com.au
Slide 16: Ban Chang – Massive Sulfide in Maiden Drill Holes
Ban Chang – Massive Sulfide in Maiden Drill Holes 16 www.blackstone .com.au admin@blackstone .com.au
Slide 17: New Blind Discovery – Viper Zone
New Blind Discovery – Viper Zone Blackstone’s in-house geophysics crew recently generated the blind discovery of potential massive sulfide nickel targets at VDZ with a series of new shallow EM anomalies located ~200m north-east of Ban Chang East 17 www.blackstone .com.au admin@blackstone .com.au
Slide 18: Ta Cuong – Drilling Commences at New Nickel target
Ta Cuong – Drilling Commences at New Nickel target • Blackstone commenced drilling, using electromagnetic (EM) plates to test new massive sulfide vein (MSV) targets for high impact drilling over the coming months • Ta Cuong is the second high priority MSV prospect within a portfolio of 25 MSV prospe
Slide 19: Ta Khoa Downstream Nickel Sulfate Refinery
Ta Khoa Downstream Nickel Sulfate Refinery Blackstone is advancing an initial scoping study in parallel with resource drilling that includes plans for a Nickel Sulfate Refinery in Vietnam • Metallurgical text work commenced on disseminated mineralisation • Competitive input costs based on bulk minin
Slide 20: Ta Khoa Nickel PGE (Cu Co) Sulfide Project – Next steps and timeline
Ta Khoa Nickel PGE (Cu Co) Sulfide Project Next steps and timeline; anticipated newsflow Blackstone’s ongoing aggressive exploration program and development of the Ta Khoa Nickel PGE (Cu Co) Sulfide Project next steps include: 01 Deliver a maiden resource in the current quarter, focused initially on
Slide 21: Presentation Summary
Presentation Summary Proven track record of mineral discovery and corporate success • An international portfolio of high-quality battery and precious metals exploration projects across South East Asia, North America and Australia • Exploring the Ta Khoa Nickel Project, South East Asia’s Premier Nick
Slide 22: Disclaimer
Disclaimer Forward Looking Statement This presentation may contain certain forward looking statements and projections regarding: • estimated resources and reserves; • planned production and operating costs profiles; • planned capital requirements; and • planned strategies and corporate objectives. S
Slide 23: Contact details
Suite 3, Level 3, 24 Outram Street, West Perth, WA, 6005 T: +61 8 6425 5217 | F: +61 8 6500 9982 | E: admin@blackstoneminerals.com.au | www.blackstoneminerals.com.au @blackstone_BSX @blackstoneminerals Blackstone Minerals This presentation has been prepared for Blackstone Minerals by Global Ore Disc