King River Resources Limited · ASX:KRR
King River Resources — Corporate Update (February 2016)
16 slides from King River Resources's corporate update, Feb 11, 2016
Slide 1: 2011 Strategy Outline & Shareholder Presentation
2011 Strategy Outline & Shareholder Presentation ANNOUNCEMENT 20 April 2011 Speewah Metals Limited (“Speewah” or “the Company”) (ASX: SPM) is pleased to provide a shareholder update that details the key strategic objectives for 2011. The Shareholder Presentation attached is also provided on the Comp
Slide 2: Speewah Background
SPEEWAH BACKGROUND Speewah Metals Limited (“Speewah”) is a mining and exploration company whose prime focus is the definition and development of its vanadium/titanium and copper/gold/silver discoveries in the East Kimberly region of Western Australia. The tenements contain Australia’s largest vanadi
Slide 3: Vanadium/Titanium | Copper/Gold | Fluorite | PGE+Au
VANADIUM/TITANIUM | COPPER/GOLD | FLUORITE | PGE+AU | ASX:SPM
Slide 4: Disclaimer
DISCLAIMER The Company has prepared this presentation. Whilst the information contained in this presentation has been prepared with all reasonable care from information provided by the Company and from sources, which the Company believes are reliable, no responsibility or liability is accepted by Sp
Slide 5: Background
BACKGROUND • Unique 575 km2 geological setting • 100% owned • World class resources of Vanadium/Titanium and Fluorspar achieved within 3 years. • Copper/Gold/Silver potential identified along more than 80 km of major fault systems. • Cash $9.5 m • 130 m shares on issue • Major Shareholders - Institu
Slide 6: Overview
OVERVIEW Development Opportunity Vanadium/Titanium Australia’s largest Vanadium/Titanium in magnetite deposit 3.16 Billion tn at 0.3% V205 and 2.0% Ti (at 0.23% V205 cut-off grade)* High grade zone of 1.427 Billion tn at 0.35% V205 and 2.1% Ti (at 0.23% V205 cut-off grade)* Upgrade tenor in Concentr
Slide 7: Vanadium/Titanium Information
VANADIUM/TITANIUM INFORMATION Total Vanadium/Titanium Resource1 3.16 Billion tonnes @ 0.3% V205 and 2.0% Ti (at 0.23% V205 cutoff grade) Metallurgical Testwork Confirmed high tenor throughout high grade resource (concentration of V205 in magnetite of 2.48% compared to 1.25-1.37% of other Australian
Slide 8: Maximum Tenor of Concentrate
WORLD CLASS VANADIUM/TITANIUM PROJECT CIRCLE SIZE IS RELATIVE SIZE IN CONTAINED V205 0.3 IS GRADE OF DEPOSIT IN V205 3.5 3 MAXIMUM TENOR OF CONCENTRATE PRODUCED (% V205 IN MAGNETITE) 2.5 0.3 0.51 Xstrata Speewah 0.3 Speewah JORC Target 2 2010 2011 Barrambie 1.5 0.82 Windimurra 0.46 0.29 1 0.65 Balla
Slide 9: Copper Surface Samples
COPPER SURFACE SAMPLES SPEEWAH METALS
Slide 10: Fluorite Resource
INFRASTRUCTURE SHARING OPPORTUNITY Fluorite Resource Indicated and Inferred Resources1: C Vein 6.7 Mt @ 24.6% CaF2 (at 10% CaF2 cut-off grade) A Vein B Vein Exploration Target2: E Vein Additional 5-10Mt @ 20-25% CaF2 (at 10% CaF2 cut-off grade) 1. Please refer to full Resource statement attached as
Slide 11: Exploration Strategy
EXPLORATION STRATEGY 2011 – Largest Exploration Programme in Company History Maiden Heli-borne EM survey (over 2,000 line kms), RC drilling (10-15,000m), Diamond drilling (5,000m), approved to commence in May 2011. Two Key Objectives 1. Vanadium/Titanium - Target additional 2-5 Billion tn @ 0.3- 0.3
Slide 12: Metallurgical Study
METALLURGICAL STUDY Metallurgical Testwork Objective -potential to multiply project value through recovery of V, Ti and Fe Initial recoveries of around 90% Vanadium from the processing technologies: 1. Direct smelting to produce pig iron (Blast furnace) 2. Ferro-vanadium (Salt Roast Kiln) 3. Hydrome
Slide 13: Development Alternatives
DEVELOPMENT ALTERNATIVES Short Term - Develop Industry Related Strategic Relationship Medium Term - Development of Vanadium/Titanium Mine - Exploitation of Fluorite Resource alongside Mine - Ascertain value of Platinum reef within existing Vanadium/Titanium Resource - Determine potential for Copper/
Slide 14: Summary
SUMMARY 2011 Value Add Objectives: • Largest Exploration Programme in Company History; • Exploration Target for 2011 season further 2-5 Billion tonnes @ 0.3- 0.32% V205 and 1.8-2.0% Ti;* • Double Measured & Indicated components of Vanadium/Titanium Resource; • Potential to Multiply Project value thr
Slide 15: Contact Details
CONTACT DETAILS RICHARD WOLANSKI EXECUTIVE DIRECTOR Speewah Metals Limited Level 22 Allendale Square 77 St Georges Terrace Perth WA 6000 Ph: + 61 8 9221 8055 Email: rwolanski@speewah.com.au Mr KA Rogers (Member of the Australian Institute of Geoscientists), acting Chief Geologist for Speewah Metals
Slide 16: Appendix 1 - Detailed Resource Statements
Appendix 1 - Detailed Resource Statements Table B: Speewah Fluorite Prospect Mineral Resource Estimate. Speewah Fluorite Deposit August 2009 Resource Estimate Indicated Inferred Total Type Tonnes CaF2 Tonnes CaF2 Tonnes CaF2 CaF2 Mt % Mt % Mt % Mt High Grade 4.1 25.3 2.6 23.6 6.7 24.6 1.7
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