Black Canyon Limited · ASX:BCA
Black Canyon — RIU Resources Round-Up Conference 2023
17 slides from Black Canyon's conference presentation, May 9, 2023
Slide 1: ASX Announcement: Corporate Presentation – RIU conference
ASX Announcement 09 May 2023 ASX:BCA Corporate Presentation – RIU conference For personal use only Black Canyon (ASX: BCA) is pleased to release the following presentation that Executive Director, Mr Brendan Cummins will be presenting at the RIU Sydney Resources Round-up, on Tuesday 9 May. The video
Slide 2: Pilbara Focused Manganese Developer and Explorer
For personal use only PILBARA FOCUSED MANGANESE DEVELOPER AND EXPLORER Brendan Cummins – Executive Director RIU Resources Round-Up Conference May 2023 1
Slide 3: Disclaimer & Forward Looking Statements
Disclaimer & Forward Looking Statements The Company does not purport to give financial or investment advice. No account has been taken of the objectives, financial situation or needs of any recipient of this document. The opinions and recommendations in this presentation are not intended to represen
Slide 4: Corporate Overview and Experienced Board
Corporate Overview Experienced Board BCA $1.7M For personal use only ASX Code Cash (As of 31 March 2023) 51.7m $10.3M Graham Ascough Brendan Cummins (Non-Executive Chairman) (Executive Director) Geophysicist Geologist Shares on Issue Market Cap (As at 04/05/2023) Mr Ascough is a resources executive
Slide 5: Explorer and Developer
Explorer and Developer Manganese focused Growth Potential For personal use only MRE announced at LR1 and FB3 – Essential for alloys used in the 171 Mt @ 10.3% Mn. Higher Grade - steel industry and critical for 40Mt @ 13.0% Mn w Electric Vehicle Li-Ion batteries Significant organic growth potential a
Slide 6: Manganese Fundamentals
Manganese Fundamentals Essential for steel and critical for EV Li-ion batteries Manganese (Mn) is the fourth most consumed metal in the world by tonnage with 60Mt tonnes ore mined on an annual basis For personal use only Approximately 90% is used in steel manufacturing with Mn alloys added to pr
Slide 7: Manganese – Critical Energy Mineral
Manganese – Critical Energy Mineral More manganese required to feed the battery technology evolution Ternary (NMC) Li-ion batteries Development of more battery manufacturing capacity in the USA and Europe with the Inflation Reduction Act and Critical Raw Materials Act respectively NMC 111 NMC 532
Slide 8: Downstream and Expanded HPMSM Strategy
Downstream and Expanded HPMSM Strategy High Purity Manganese Sulphate Initial leach tests yielded a 91% extraction rate For personal use only Crystallised Manganese Sulphate crystals containing 32.3% Mn which is greater than 99% Manganese Sulphate purity Highly comparable to the typical 32.2% Mn con
Slide 9: Asset Overview – 2,500km2 under tenure
Asset Overview – 2,500km2 under tenure KR1 Target - E46/1383 (BCA 100%) Hydrothermal Style For personal use only Drilling at Flanagan Bore E46/1301 (BCA 75%) Supergene Style 8
Slide 10: Potential for Global Scale Discoveries
Potential for Global Scale Discoveries Kalahari Manganese Balfour Manganese Field, Mineral Resources Parameter Kalahari Balfour Field and Mines and Prospects For personal use only Basin Scale 35km x 15km 70km x 30km Carbonate & Manganese Ore type Oxide Oxide 1960’s to 2010 Establishment date 2010 (1
Slide 11: Flanagan Bore - 171Mt @ 10.3% Mn for 17.7Mt of contained Mn
Flanagan Bore - 171Mt @ 10.3% Mn for 17.7Mt of contained Mn Outcropping Discovery With Scale, Grade & Thickness ► Delivers a large-scale, high quality Measured and Indicated Mineral Resource from surface with outcropping higher-grade zones with impressive geological and grade For personal use only c
Slide 12: Flanagan Bore Scoping Study Results
Flanagan Bore Scoping Study Results Key Financial and Project Metrics For personal use only ASX Announcement 18 August 2022 - Robust Economics, Long Life Mine with Low Development CAPEX confirmed from the Flanagan Bore Scoping Study 11
Slide 13: Flanagan Bore – Positive Metallurgical Studies
Flanagan Bore – Positive Metallurgical Studies Crushing and washing testwork Significant manganese grade uplifts from feed grades of 11% and 15% Mn upgraded to approximately 23% and 24% Mn through scrubbing For personal use only and washing - an important first step for beneficiation. Pre-Feasibil
Slide 14: ESG – Partnered With Socialsuite
ESG – Partnered With Highlights and achievments Partnered with Socialsuite to commence ESG reporting against the World Economic Forum (WEF) Stakeholder Capitalism Framework For personal use only Commenced wider community engagement - Heritage surveys conducted on site prior to drilling, involvin
Slide 15: Planning for Success
Planning for Success Dec ‘22 Feb ‘23 Apr ‘23 Jun ‘23 Aug ‘23 Oct ‘23 Dec ‘23 2022-23 For personal use only Drilling Assay MRE Updates Discovery Drilling – Balfour Mn Field BCA Manganese Sulphate for the EV market HPMSM Hydrometallurgical Studies HPMSM Pilot Plant HPMSM Scoping Study BCA Manganese Ox
Slide 16: Why invest in Black Canyon?
Why invest in Black Canyon? Manganese is essential to the steel industry and a critical battery mineral, with strong growth forecast For personal use only Clear strategy to add value & grow the Company through discovery, development & downstream processing Significant exploration programs to continu
Slide 17: Contact Us
Contact Us For personal use only Brendan Cummins Executive Director E: brendan.cummins@blackcanyon.com.au T: 0400 799 756 Media and Broker Enquiries Andrew Rowell White Noise Communications E: andrew@whitenoisecomms.com T: 0400 466 226 www.blackcanyon.com.au 16
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