Sky Metals Limited · ASX:SKY
Sky Metals — Shareholder Meeting (November 2024)
16 slides from Sky Metals's shareholder meeting presentation, Nov 25, 2024
Slide 1: Large-scale tin deposit matched with technology advantage
°° SKY METALS LARGE-SCALE TIN-DEPOSIT i MATCHED WITH TECHNOLOGY ADVANTAGE TO MEET GROWING GLOBAL DEMAND FOR TIN- ee ~ A VITAL TECHNOLOGY METAL =< =
Slide 2: Disclaimer
Disclaimer Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward looking information, including risks associated with investments in private and publi
Slide 3: Capital Structure, Board & Management
For personal use only CAPITAL STRUCTURE 30+ years in the full-time management of natural 25+ years experience in the mineral resources sector as a geologist and solicitor. Mr. Hill has a successful track record Shares on issue 678.3M resource companies. Past Chairman and Director of Options & Perfor
Slide 4: Structural demand growth triggering tin supply crunch
For personal use only Fundamental structural demand growth – Triggering Increase in tin demand supply crunch after 30+ year under Tin Price investment. Tin is vital within EVs, Renewable Energy, AI and all electronics. Source: BNEF, Rho Motion, Macquarie Strategy – April 2024 ASX: SKY 4
Slide 5: Inelastic tin price driven by irreplaceable demand
For personal use only • Inelastic tin price – driven by irreplaceable demand in electronics sector, AI and global electrification. • Heavily disrupted Indonesian tin production – previously 20% of global supply. • Increased tin mining disruptions in Myanmar with ongoing internal conflict – previousl
Slide 6: Tallebung Tin Mine history and infrastructure
For personal use only • Tin discovered in the 1890s and mined into the mid-1980s. • Small shafts and open pits mined hardrock tin veins, culminating in large scale alluvial mining production in the 1960s-70s. • Infrastructure already in place from previous mining includes: - Powerlines to site. - Ex
Slide 7: New shallow high-grade tin intercepts
For personal use only • New shallow, high-grade intercepts in TBRC078 and TBRC090 show potential for shallow, higher-grade tin outside of the current MRE, results included: 11m @ 1.02% Sn, 77.9g/t Ag & 0.13% W from 64m 10m @ 0.69% Sn & 23.7g/t Ag from 23m • Southern extension drilling has intercepte
Slide 8: Low-cost mining and processing proposition
Tallebung Tin Mine – Drone Photo looking East down For personal use only the Central Lead Open Pit. • Low-Cost Mining Proposition – Shallow deposit at surface, very low strip ratio and deposit grows with every new drillhole. • Exceptional Upgrade– Ore sorting ideally suited to the deposit and increa
Slide 9: January 2024 MRE and Exploration Target
For personal use only • Jan 2024 MRE , Inferred and Indicated, totalling: 15.6 Mt @ 0.15% Tin for 23kt of contained Tin1. • Exploration Target estimated concurrently: 23 – 32 Mt @ 0.14 – 0.17% Tin1,2. • Tin mineralisation highly amenable to 5x upgrade using TOMRA Ore Sorting – 0.15% = +0.70% Tin. •
Slide 10: Ore sorting ideally matched to Tallebung tin
Cassiterite from Tallebung – For personal use only Scale in mm • Tallebung tin deposit is ideally matched to ore sorting technology. Dense tin – cassiterite “nuggets” detected by ore sorter and accepted • Conservative TOMRA Ore Sorting increases Host rock and quartz vein without tin grade +500% and
Slide 11: Effective sorting of discrete tin chunks
For personal use only • Extremely effective sorting of Tallebung Tin is possible as Tin is present as large, discrete ‘chunks’, easily classified by the TOMRA XRT ore sorter. • Initial, conservative ore sorting aimed to accept all rocks with Tin shown in the scan – this gave an average of 5x upgrade
Slide 12: Shallow high-grade tin zone for fast payback
For personal use only • Shallow, at surface high-grade tin zone identified for fast payback potential at commencement of mining. • Results within the high-grade zone include: TBD002: 60.2m @ 0.54% Tin from 12.8m. TBD003: 60.55m @ 0.36% Tin from 23m. Plan View Aerial Image of the Tallebung Project AS
Slide 13: Trenching and bulk sampling program
For personal use only • 9 trenches/costeans are planned to sample the entire area of the Tallebung mineralisation footprint. • 3-4 bulk samples of 10-20 tonnes each will be taken from selected trenches for bulk metallurgical testwork. • Metallurgical testwork will include bulk TOMRA Ore Sorting. Upg
Slide 14: For personal use only
For personal use only ASX: SKY 14
Slide 15: For personal use only
For personal use only
Slide 16: Appendix 1: MRE and Exploration Target details
For personal use only Details on the MRE and Exploration Target for Tallebung can be found in SKY ASX Table 1 – Tallebung MRE showing total tonnage, grade and contained metals at a 0.08% Tin cut-off grade. NB: Announcement 23 January 2024, available at skymetals.com.au. WO3 refers to the Tungsten re