Nh3 Clean Energy Limited · ASX:NH3
Nh3 Clean Energy — Hexagon Resources — Shareholder Meeting (September 2017)
20 slides from Nh3 Clean Energy's shareholder meeting presentation, Sep 26, 2017
Slide 1: MD Presentation to General Meeting of Shareholders
ASX ANNOUNCEMENT 26 September, 2017 MD PRESENTATION TO GENERAL MEETING OF SHAREHOLDERS “EXPLORATION UPDATE: VITAL PILLAR TO MARKETING STRATEGY” Hexagon Resources Limited (Hexagon or the Company) is pleased to provide a copy of the presentation that Mike Rosenstreich, Hexagon’s Managing Director will
Slide 2: Competent Person
technology manufacturing markets in SE Asia. Located in the stable geopolitical environment of Australia and underpinned by large scale resource potential – this project offers customers long-term stable supply of essential raw materials in batteries and other high-tech applications. Competent Perso
Slide 3: Recent Exploration Highlights
Recent Exploration Highlights Vital Pillar to HXG’s Graphite Marketing Strategy Mike Rosenstreich 26 September, 2017 Hexagon General Meeting of Shareholders Perth, Western Australia
Slide 4: Recent Exploration (2017) Program Objectives & Activities
Recent Exploration (2017) 2017 Program –Objectives & Activities Objective: • Advance the feasibility study and continuing to assess and demonstrate the large scale potential of the Project area. Activities: • drilling at the Longtom and Barracuda deposits to generate metallurgical samples, geotechni
Slide 5: Review: Location - Western Australia
Review: Location - Western Australia The McIntosh Project…… McIntosh Flake Graphite Project - is well located “politically” & geographically: • East Kimberley is an established mining area. • Project & Port access is well positioned to key customer groups – gateway to Asia and shipping routes to Eur
Slide 6: Review: Achievements to date - Geology & Resources
Review: - Achievements to date Geology & Resources-Large Scale…… Scale is important – it demonstrates long-term supply capability. Contained JORC Classification Tonnes (Mt) TGC (%) Graphite (kt) Total Indicated & 21.3 4.5% 964 Inferred ASX Report 25 May, 2017; Cut-off is 3%TGC and rounding errors ma
Slide 7: Positive Pre-Feasibility Outcomes
Review: - Achievements to date Positive Pre-Feasibility Outcomes… Annual Life of Mine Life of Mine PHYSICALS Unit PFS FINANCIAL OUTCOMES Unit Average (LOM) (LOM) Ore Mined Mt 2.4 14.3 Site Operating Costs AUD/t Conc 987 Strip Ratio W:O 4.3 4.5 Realisation Costs (FOB) AUD/t Conc 51 Total Mined Mt 11.
Slide 8: Value adding with downstream processing of flake concentrate
Review: - Achievements to date Value adding with additional downstream processing of flake concentrate • Pre-Feasibility - examined only production of a high-purity flake concentrate for the lithium ion battery market. • Recent battery test work results for spheroidised material are highly encouragi
Slide 9: RC & DDC Drilling Program
Exploration Findings RC & DDC Drilling Program Drilling: 32 drill holes for 2,306m. Barracuda: - aimed to improve confidence in the Mineral Resources, upgrade classification from Inferred. Longtom: - aimed to extend the resources along strike and generate metallurgical samples.
Slide 10: Exploration Findings: Longtom
Exploration Findings Longtom: Current Mineral Resource is 5.5Mt at 5.01% TGC. Defined an additional 1.8km of strike length of strongly graphitic schist. [yellow outline is existing PFS pit outline]. Excellent potential to extend Mineral Resource to south west. (assays pending) Drill core: Graphitic
Slide 11: Longtom Schematic Cross-Section
Exploration Findings Longtom: Schematic cross-section with geology interpretation based on drill hole logging. • 15 metres true width. • shallow • Excellent correlation with EM modelling – shown in dashed lines. (assays pending)
Slide 12: Exploration Findings: Barracuda
Exploration Findings Barracuda: Current Mineral Resource is 0.7Mt at 4.41% TGC (100% Inferred). 5 drill holes completed to: • upgrade Resource classification from Inferred • Provide additional data e.g. metallurgical & geotech. Graphite horizons were intersected where predicted. (assays pending) Yel
Slide 13: Reconnaissance sampling – new generation of targets
Exploration Findings Reconnaissance sampling – new generation of targets. Preliminary follow-up of new targets from EM in Eastern Prospects. Investigated two areas: • Threadfin • Mahi Mahi Threadfin & Mahi-Mahi comprise 45 to 90 Mt at 3 to 5% TGC of the overall Exploration Target* estimate. *Caution
Slide 14: Reconnaissance sampling – finding the next generation of targets
Exploration Findings Reconnaissance sampling – finding the next generation of targets. “Boots on the Ground” A series of rock-chip samples collected (assays Main access/Haul Road pending) Discovered shallow-outcropping graphite units In close proximity to the Copernicus Open Pit Haul- road.
Slide 15: Graphitic schist outcrops at Mahi Mahi and Threadfin
Exploration Findings A Coarse grained, crystalline C graphitic schist from Mahi Mahi (A) and Threadfin (B) B Drainage cutting c.15m wide graphitic schist outcrop at Threadfin (C).
Slide 16: Exploration Findings - Summary
Exploration Findings-Summary 1. Longtom Drilling • Major 1.8km potential extension to the Longtom resource • Thick (up to 15m true width), shallow graphite mineralisation. 2. Barracuda Drilling • Confirmed geological model; graphitic zones were intersected where predicted – resource classification u
Slide 17: Development Outlook: The Next Steps
Development Outlook The Next Steps… Stage1 Project in WA: 1. Complete Feasibility study including: • Enhanced process flow sheet to reduce OpEx and enhance flake size; • Review CapEx – look at the real likely numbers; and • Verify two product streams suitable for 2 different market segments. 2. Fina
Slide 18: McIntosh Graphite – “Made in Australia”
McIntosh Graphite – “Made in Australia” Compelling reasons to get involved Sound Project Fundamentals: 1. Quality product - purity and no deleterious elements suitability for LiB verified, other uses possible: 2. Large Scale – in terms of annual production rates and long-term supply 3. Sound financi
Slide 19: Important Notices
Important Notices Competent Person The information within this report that relates to exploration results, Exploration Target Estimates, geological data and Mineral Resources at the McIntosh Project is based on information compiled by Mr Shane Tomlinson and Mr Mike Rosenstreich who are both employee
Slide 20: Contact
Hexagon Resources Limited www.hexagonresouces.com Contact Mike Rosenstreich Managing Director miker@hexagonresources.com +61 (08) 6244 0349
Hexagon Resources — Shareholder Meeting (September 2017) on 6ix