Kore Potash Plc · LSE:KP2
Kore Potash — Elemental Minerals — Investor Presentation (March 2015)
22 slides from Kore Potash's investor presentation, March 2015
Slide 1: Sintoukola Projects: A high grade potash district in the making
For personal use only ASX: ELM Sintoukola Projects A high grade potash district in the making March 2015 update
Slide 2: Forward Looking Statement and Disclaimer
Forward Looking Statement and Disclaimer For personal use only Forward Looking Statements This presentation contains statements that are "forward-looking". Generally, the words "expect," “potential”, "intend," "estimate," "will" and similar expressions identify forward- looking statements. By their
Slide 3: Pipeline of quality projects
Pipeline of quality projects For personal use only Kola Sylvinite Deposit: High grade (33% KCl) and shallow (200-300m) large (573 Mt M+I) sylvinite deposit. PFS completed for conventional underground mine for 1 Mtpa MoP ramping up to 2 Mtpa. LOM Opex US$ 91/tonne MoP. Dougou Carnallitite Deposit: Ve
Slide 4: Corporate Structure
Corporate Structure For personal use only Elemental has a 97% holding in Elemental Minerals Ltd Sintoukola Potash which holds: (ELM – ASX) MGM RoC 100 % of Sintoukola Permit which 100% 97% includes Dougou Deposit and Yangala, 3% renewed January 2015 100% of Kola Mining which holds the Mining Lea
Slide 5: Board of Directors
Board of Directors For personal use only ● 20 years experience in the mining and minerals industry. 11 years with the BHP Billiton Group (“BHP”) in various senior managerial roles, Project manager for the integration of the BHP and Billiton merger with extensive global business Tom Borman experience
Slide 6: Elemental's Potash Resources
Elemental’s Potash Resources Reserves and Resources For personal use only Total potash Mineral Resources of over 4 Bt Kola Measured + Indicated Resources 573 Mt grading 33.1% KCl Dougou Measured + Indicated Resource of 1.1 Bt grading 21.6% KCl Both deposits are open laterally (potential to e
Slide 7: Elemental's Deposits are high grade and large vs peers
Elementals Deposits are high grade and large vs peers For personal use only Comparison of Measured + Indicated Resources for junior potash companies Yangala not shown but Exploration Target grade is 55-60% KCl… Grade % KCL Allana Potash - Dallol 12.0 14.0 16.0 18.0 20.0 22.0 24.0 26.0 28.0 30.0 32.0
Slide 8: Infrastructure and access to the Brazilian market
Infrastructure and access to the Brazilian market For personal use only Permit < 80 kms to Pointe Noire port Pointe Noire Port expansion Power, gas, water, readily available Existing tarred road serves the area Bulk export facility under construction at Pointe Indienne, < 60 kms from permit
Slide 9: Kola Deposit Highlights
Kola Deposit Highlights For personal use only Grade: 33.1% KCl sylvinite and seam average 4 m thick Size: 573 Million tonne Measured and Indicated Mineral Resource Shallow: 200 to 300 metres below surface Ore Quality: sylvinite only, <0.2% insols, <0.1% magnesium Simple Geometry: flat/gent
Slide 10: Location and deposit quality underpin highest margins
Location and deposit quality underpin highest margins For personal use only Elemental - Elemental - Company MagIndustries Highfield Uralkali* Allana Potash Corp* Dougou Kola Phased Scoping Study Implementation Study Update July Technical Study May Data Source February 2015 Study October 2014 2014 20
Slide 11: Kola – Reduced Capital by Phasing
Kola – Reduced Capital by Phasing For personal use only Total Phase 1 Phase 2 Description Project (US$000’s) (US$000’s) (US$000’s) Mining 159,390 21,688 181,078 Material Handling - - - Processing 262,534 234,270 496,805 Marine and Transshipment 14,433 99,673 114,106 Solid Residue and Brine Disposal
Slide 12: Dougou Deposit Highlights
Dougou Deposit Highlights Dougou Deposit - Highlights For personal use only Grade: 21.6% KCl Hangingwall Seam: 91% carnallite, average 10 m thick and 24.6% KCl Thickness: Four seams with average combined thickness of 35 metres Size: > 1.1 Billion tonnes Measured and Indicated Mineral Resourc
Slide 13: Dougou Deposit – Excellent Scoping Study Results
Dougou Deposit – Excellent Scoping Study Results For personal use only Phase 1 free cash flows (~US$100m/annum) potentially allow Phase 1 MoP Production 400ktpa self-financing of Phase 2 and Phase 3 Phase 1 Capital Expenditure (including 20% contingency) US$430m capital expenditures Average Life o
Slide 14: Significant Milestones
Significant Milestones For personal use only 2009/10 2011 2012 2013 2014 2015 • Acquired • Continued drilling • Updated and • Kola ESIA • Dougou • Yangala Sintoukola and seismic Expanded Kola approved and Maiden Exploration Permit and surveying Resource Mining License Mineral Target Jan listing of i
Slide 15: Yangala, candidate for world's highest grading potash seam
Yangala, candidate for worlds highest grading potash seam For personal use only • Two drillholes completed. Both hosted by sylvinite of the Hangingwall Seam (HWS). 1 ED_01:4.47m grading 57.7 % KCl ED_03: 4.21m grading 59.5 % KCl • Exploration Target for the HWS of 235 to 470 million tonnes (Mt)
Slide 16: Work Programme
Work Programme For personal use only 2014 2015 2016 2017 2019 Phased Kola Implementation BFSQ1-16 Q1-16 Basic Engineering and Construction Q3-19 Study Scoping Dougou Study PFS Q2-16 BFS Construction Exploration Yangala Target Exploration Drilling Complete Planned 2018 not shown
Slide 17: The Republic of Congo is open for business
The Republic of Congo is open for business For personal use only Established Democracy Africa ● Denis Sassou Nguesso presides since 1997; Through democratic elections in March 2002 and July 2009; Presidential elections slated for 2016 ● 2013 GDP of $14.09 billion Investment Friendly Jurisdiction Rep
Slide 18: Appendix
For personal use only Appendix
Slide 19: Financial Overview
Financial Overview For personal use only Capitalisation Summary Major Shareholders Exchange Listing: ASX AU$ Name Holding Share Price (A$/share) 0.24 Harlequin Investments* 18.60% 52 Week High / Low (A$/share) 0.29 / 0.14 Dingyi Investments 10.63% Shares Outstanding (m) 381.9 EMC* 9.30% Options (unl
Slide 20: Core Sample, Core Shed
For personal use only Core Sample Core Shed Core Shed Bridge over Kouilou River
Slide 21: Pointe Noire Harbour, Kola Drill site
For personal use only Pointe Noire Harbour Kola Drill site Kola Tented Camp Pointe Noire Train Station
Slide 22: For personal use only
For personal use only John Sanders Leonard Math Managing Director Director Elemental Minerals Ltd Elemental Minerals Ltd Email: john.sanders@elementalminerals.com Email: Leonard@gdacorporate.com.au Office: +27 11 469 9140 Office: +27 11 469 9140 Direct: +27 11 469 9144 Direct: +27 11 469 9148 Mobile
Elemental Minerals — Investor Presentation (March 2015) on 6ix