Hillgrove Resources Limited · ASX:HGO

Hillgrove Resources — 11th SA Exploration and Mining Conference 2014

21 slides from Hillgrove Resources's conference presentation, Dec 5, 2014

  1. Slide 1: SAEMC Presentation on Proposed Oxide Treatment Operations at Kanmantoo

    Friday, 5 December 2014 For personal use only SAEMC PRESENTATION ON PROPOSED OXIDE TREATMENT OPERATIONS AT KANMANTOO Please find attached a presentation made by representatives of Hillgrove Resources Limited (ASX:HGO) at the 11th SA Exploration and Mining Conference in Adelaide today. This presentat

  2. Slide 2: Kanmantoo Global Mineral Resource and Ore Reserve Estimate

    HILLGROVE RESOURCES LIMITED Kanmantoo Global Mineral Resource Estimate at end February 2013 JORC 2012 Tonnage Cu Au Ag Classification (Mt) (%) (g/t) (g/t) Measured 2.63 0.88 0.10 1.95 In Situ Resource Indicated 21.77 0.82 0.23 2.21 For personal use only Inferred 5.0 0.67 0.13 1.79 29.46 0.80 0.20 2.

  3. Slide 3: Kanmantoo Copper Mine: Primary to Oxide

    For personal use only KANMANTOO COPPER MINE “PRIMARY TO OXIDE” HAYDEN ARBON IIIII MINE GEOLOGIST BEN ALEXANDER IIIII METALLURGICAL SUPERINTENDENT 5 DECEMBER 2014

  4. Slide 4: Copper Mine and Lease Areas

    KANMANTOO COPPER MINE AND LEASE AREAS For personal use only  100%-owned by Hillgrove  55km from Adelaide, South Australia  Mining Lease is within 500km2 exploration Exploration license, and relatively unexplored Area EL4401 Kitticoola  Organic growth potential considered high Prospect  Project

  5. Slide 5: Copper Mine – Summary of Operation

    KANMANTOO COPPER MINE – SUMMARY OF OPERATION For personal use only  Historic copper mining area from 1840’s  BH South developed and operated open pit mine and plant from 1971 to 1976  HGO acquired leases in 2004, resource development 2005-08, feasibility and construction 2009-11, initial producti

  6. Slide 6: Mine – Orebody and Site Layout

    KANMANTOO MINE – OREBODY AND SITE LAYOUT For personal use only Cross section through main Kanmantoo orebody with interim Kavanagh pit and final Giant pit (above) Plan view of all Kanmantoo pits (right) Note: Giant will include Kavanagh, Spitfire, Falcon, Lean, Matthew and Valentine 4

  7. Slide 7: Geology: Geological Context

    KANMANTOO GEOLOGY For personal use only Geological Context  Located in Adelaide Fold Belt  Early Cambrian Kanmantoo Group Metasediments  Deposit hosted in the Tapanappa Formation – longest formation in the Kanmantoo Group  Several deformation stages related to Delamerian orogeny  Same metasedim

  8. Slide 8: Geology: Lithology

    KANMANTOO GEOLOGY For personal use only Lithology  Regionally hosted in Biotite Schist (BS)  Mineralisation hosted in a 6km wide Fe rich pelite (GABS)  Staurolite with minor Muscovite also present  Main zone mineralisation hosted in chlorite alteration (BGCS)  Deposit Fe-rich; Na/Ca-poor  Magn

  9. Slide 9: Geology: Mineralisation

    KANMANTOO GEOLOGY For personal use only Mineralisation  Most likely epigenetic, though a SEDEX system is still argued  Fe-rich fluid metasomatism  Mineralisation usually hosted in stockwork vein selvages or podiform lenses  Hosted commonly in quartz veins, but also magnetite/chlorite rich fluid

  10. Slide 10: Geology: Mineralogy - Oxides

    KANMANTOO GEOLOGY For personal use only Mineralogy - Oxides  ‘Oxides’ encountered at shallow depths are predominately the Cu- carbonate malachite  Azurite is also common in higher grade areas  Atacamite, Cu in magnesium oxides, and Cu sulphates are minor occurrences 8

  11. Slide 11: Geology: Mineralogy - Primary

    KANMANTOO GEOLOGY For personal use only Mineralogy - Primary  Most common Cu-bearing sulphide mineral is chalcopyrite  Others include chalcocite, covellite and rare bornite  Pyrite is mostly ubiquitous, transitioning to pyrrhotite at depth  Rare galena and sphalerite along Cp with bismuth  Silv

  12. Slide 12: Oxide / Transitional Processing Introduction

    OXIDE / TRANSITIONAL PROCESSING For personal use only INTRODUCTION  Started processing primary sulphide copper (chalcopyrite) ore November 2011  Low cost capital throughput improvement projects have resulted in accelerated processing rates (2.4 to 3.2 Mtpa)  1.2 Mt of high grade copper oxide / tr

  13. Slide 13: Primary to Oxide: Primary Ore

    PRIMARY TO OXIDE For personal use only PRIMARY ORE  Primary copper sulphide ore is coarse grained chalcopyrite with fast flotation kinetics (P80 -212um)  Kanmantoo Mineral Resource (Feb 13) 31.30Mt @ 0.78% Copper, 0.20 g/t Gold, 2.11 g/t Ag  Ore beneficiation via two stage crushing, SAG milling,

  14. Slide 14: Primary to Oxide: Oxide / Transition Ore

    PRIMARY TO OXIDE For personal use only OXIDE / TRANSITION ORE  Extensive metallurgical testwork undertaken – 4 in-depth studies completed  Operational parameters and modified process flow sheet developed  Comminution - Oxide ore less competent, exhibits slight rheology difference  Flotation – Co

  15. Slide 15: What Is Controlled Potential Sulphidisation (CPS)?

    WHAT IS CONTROLLED POTENTIAL SULPHIDISATION (CPS)?  Sulphidise the copper oxide mineral surface (provide a copper sulphide layer) For personal use only  Sodium Hydrosulphide (NaHS) employed as sulphidising agent  Process involves a sulphidising or conditioning stage followed by collector addition

  16. Slide 16: Oxide Process Flow Design

    OXIDE PROCESS FLOW DESIGN For personal use only Config 65 oxide (2) FLOAT FEED ROUGHER 0 ROUGHER 1 / SCAV 1‐2 SCAVENGER 1‐2 SCAVENGER 4‐7 SCAVENGER 8‐12 OK100TC CONDITIONING CONDITIONING CONDITIONING CONDITIONING TANK 1 TANK 3 TANK 4 TANK 2 CLEANER 1‐4 CLEANER 5‐10 FINAL TAIL CONDITIONING FINAL TANK

  17. Slide 17: Transitional Process Flow Design

    TRANSITIONAL PROCESS FLOW DESIGN For personal use only Config 65 oxide (2) FLOAT FEED ROUGHER 0 ROUGHER 1 / SCAV 1‐2 SCAVENGER 1‐2 SCAVENGER 4‐7 SCAVENGER 8‐12 OK100TC CONDITIONING CONDITIONING CONDITIONING CONDITIONING TANK 1 TANK 3 TANK 4 TANK 2 CLEANER 1‐4 CLEANER 5‐10 FINAL TAIL CONDITIONING FIN

  18. Slide 18: Processing Plant

    For personal use only PROCESSING PLANT

  19. Slide 19: Key Contacts

    KEY CONTACTS For personal use only For further information please contact:  Greg Hall, CEO and Managing Director Suite 1709 Australia Square Level 17, 264 George Street Sydney NSW 2000  E: info@hillgroveresources.com.au  T: 61 2 8247 9300 17

  20. Slide 20: Competent Person Statements

    COMPETENT PERSON STATEMENTS For personal use only Kanmantoo Global Mineral Resource Estimate at End February 2013 ABOUT HILLGROVE JORC 2012 Tonnage Cu Au Ag Classification (Mt) (%) (g/t) (g/t) Hillgrove is an Australian mining company Measured 2.63 0.88 0.10 1.95 listed on the Australian Securities

  21. Slide 21: Disclaimer – Important Notice

    DISCLAIMER – IMPORTANT NOTICE For personal use only No representation or warranty is or will be made by any person (including Hillgrove Resources Limited ACN 004 297 116 (“Hillgrove”, “HGO”, or the “Company”) and its officers, directors, employees, advisers and agents) in relation to the accuracy or

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