Hillgrove Resources Limited · ASX:HGO
Hillgrove Resources — SA Government Copper Summit 2015
17 slides from Hillgrove Resources's conference presentation, May 6, 2015
Slide 1: Kanmantoo Copper Mine: Strategy and Opportunity
For personal use only KANMANTOO COPPER MINE: STRATEGY AND OPPORTUNITY SA GOVERNMENT COPPER SUMMIT GREG HALL IIIII CEO & MANAGING DIRECTOR 6 MAY 2015
Slide 2: Strategy – Enhancing Shareholder Value
STRATEGY – ENHANCING SHAREHOLDER VALUE For personal use only THREE PILLARS FOR ENHANCING SHAREHOLDER VALUE REGIONAL CAPITAL KANMANTOO GROWTH MANAGEMENT Enabling the Grow reserves and Productivity and cost Company to establish extend mine life of focus in order to a foundation for Kanmantoo through m
Slide 3: Sustainable Operations Supporting Growth
SUSTAINABLE OPERATIONS SUPPORTING GROWTH For personal use only LOWER COSTS SUSTAINABLE OPERATIONS OPPORTUNITY FOR INCREASED RESOURCES BROWNFIELDS EXPLORATION NEW TECHNOLOGIES 3
Slide 4: Sustainable Operations
SUSTAINABLE OPERATIONS For personal use only Productivity and cost improvements assist to create a sustainable operation, and hence ongoing employment, through Enabling profitable operations through low price cycles Potentially enabling lower cut-off grades and hence increased resources Producti
Slide 5: Mining Productivity and Cost Improvements
MINING PRODUCTIVITY AND COST IMPROVEMENTS For personal use only 5
Slide 6: Processing Productivity and Improvements
PROCESSING PRODUCTIVITY AND IMPROVEMENTS For personal use only 6
Slide 7: Controlled Potential Sulphidisation (CPS) for Oxide Ore Treatment
CONTROLLED POTENTIAL SULPHIDISATION (CPS) FOR OXIDE ORE TREATMENT For personal use only Sulphidise the copper oxide mineral surface (provide a copper sulphide layer) Sodium Hydrosulphide (NaHS) employed as sulphidising agent CPS much more effective than unmetered additions of sulphidising agen
Slide 8: Lower Costs – Potential Larger Giant Pit with Existing Resource
LOWER COSTS – POTENTIAL LARGER GIANT PIT WITH EXISTING RESOURCE For personal use only Current Confirmatory Mined Optimisation Surface Current Giant Pit Design Optimisation Options with Reduced Costs Section Line Model Legend > 0.6% Cu 0.4% < Cu <0.2% < 0.2% Cu 8
Slide 9: Applying Alternate Exploration Techniques to Old Areas
APPLYING ALTERNATE EXPLORATION TECHNIQUES TO OLD AREAS For personal use only Hillgrove reported initial exploration success in a deep RC hole on the Mining Lease 200 metres to the north of the current resource profile The 433 metre deep reverse circulation (RC) hole returned the following assays at
Slide 10: Initial Exploration Success
INITIAL EXPLORATION SUCCESS For personal use only Two density inversion shells that may cause the observed surface gravity signature, and the location of KTRC995 exploration hole Conceptual 3D model of the two potential density shells. Note that the shells terminate just north of the pit due to limi
Slide 11: Kanmantoo Exploration Next Steps
KANMANTOO EXPLORATION NEXT STEPS For personal use only 11
Slide 12: Regional Exploration – Helicopter-Borne Electromagnetics
REGIONAL EXPLORATION – HELICOPTER-BORNE ELECTROMAGNETICS For personal use only Mag Collection of 70km2 or 500 line km of EM Via helicopter system called HeliTEM – very low impact, apart from interaction with community 100m - 200m line spacing, 35m array height ~5 days duration Potential is
Slide 13: Adelaide Geosyncline – Potential for New Mineral Discoveries
ADELAIDE GEOSYNCLINE – POTENTIAL FOR NEW MINERAL DISCOVERIES For personal use only 13
Slide 14: Enhancing Copper Mining – Areas of Opportunity
ENHANCING COPPER MINING – AREAS OF OPPORTUNITY For personal use only Possible areas of opportunity for increased copper mining and discovery include Brownfields exploration: resource extension has a higher probability of success than greenfields exploration – consider portion of PACE funding for e
Slide 15: Key Contacts
KEY CONTACTS For personal use only For further information please contact: Greg Hall, CEO and Managing Director Ground Floor 5 – 7 King William Road Unley SA 5061 Suite 1709 Australia Square Level 17, 264 George Street Sydney NSW 2000 E: info@hillgroveresources.com.au T: 61 2 8247 9300 15
Slide 16: Competent Person Statements
COMPETENT PERSON STATEMENTS For personal use only Kanmantoo Global Mineral Resource Estimate at End February 2013 ABOUT HILLGROVE JORC 2012 Tonnage Cu Au Ag Classification (Mt) (%) (g/t) (g/t) Hillgrove is an Australian mining company listed on Measured 2.63 0.88 0.10 1.95 In Situ Resource Indicated
Slide 17: Disclaimer – Important Notice
DISCLAIMER – IMPORTANT NOTICE For personal use only No representation or warranty is or will be made by any person (including Hillgrove Resources Limited ACN 004 297 116 (“Hillgrove”, “HGO”, or the “Company”) and its officers, directors, employees, advisers and agents) in relation to the accuracy or
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