Northern Minerals Limited · ASX:NTU
Northern Minerals — Investor Presentation (November 2011)
19 slides from Northern Minerals's investor presentation, Nov 10, 2011
Slide 1: Investor Presentation November 2011
For personal use only Investor Presentation November 2011 George Bauk Managing Director/CEO
Slide 2: Important Notice
Important Notice For personal use only This presentation has been prepared by Northern Minerals Limited (“Northern Minerals” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or inv
Slide 3: Agenda
For personal use only Agenda Company Overview Value Proposition Rare Earths • Market • Metallurgy • Browns Range • John Galt Uranium and Gold Achievements / Plan In Summary 3
Slide 4: Capital Structure
Capital Structure ASX Codes For personal use only NTU Ordinary Shares 175.5M* Listed Options NTUOA $0.20 expires 30 Sept 2012 8.5M NTUOB $0.15 expires 31 Mar 2012 12.3M Unlisted Options Various prices and expiry dates 8.7M Trading Summary Market Capitalisation (in AUD) Major Shareholders $77M (as at
Slide 5: Board & Management
Board & Management For personal use only George Bauk Adrian Griffin Kevin Schultz Dudley Kingsnorth Colin McCavana Managing Director Non Executive Director Non Executive Non Executive Director Non Executive Director Chairman - 20 years mining - Specialising in mine - 20+ years - Former Managing oper
Slide 6: Value Proposition
Value Proposition Vision For personal use only To become the global benchmark in the production of heavy rare earth elements for the benefit of all our stakeholders Strategy • $90M concentrator built at Browns Range Project by end of 2014 • To produce and deliver 3,000 tpa HREO in concentrate in 201
Slide 7: High Value Heavy Rare Earths
High Value Heavy Rare Earths POINT OF DIFFERENCE IS THE OUTSTANDING DRILL RESULTS For personal use only MIX – “HEAVIES” Wolverine: 33m @ 1.53% TREO (1,470ppm Dy2O3) from 54m 11m @ 1.89% TREO (1,806ppm Dy2O3) from 50m 41m @ 1.01% TREO (881ppm Dy2O3) from 24m Gambit: 11m @ 2.07% TREO (1,943ppm Dy2O3)
Slide 8: HREE – New Technology/New Energy
HREE – New Technology/New Energy For personal use only Dysprosium • Assessed as “critical” by US Energy Dept. • Prized for magnetic properties under high temperatures for NdPr permanent magnets • Plays a crucial role in clean energy eg wind turbines and electric vehicles Yttrium • Key component in a
Slide 9: HREE – serious supply shortfalls
HREE – serious supply shortfalls Dysprosium Oxide For personal use only Supply and Demand Forecasts Strong Demand 4,000 3,447 3,500 • Demand driven by high-tech 3,000 2,799 Tonnes per annum applications in energy generation and 2,500 1,902 2,240 2,000 Supply efficiency applications 1,500 1,377 1,353
Slide 10: Simple Flowsheet
Simple Flowsheet For personal use only Paramagnetic properties of xenotime allows utilisation of magnetic separation process Browns Range metallurgical results completed by NAGROM have reported yttrium recovery up to 89.5% and a concentrate in excess of 30% Bateman Engineering have been engaged to c
Slide 11: Browns Range Project
Browns Range Project For personal use only Northern Minerals 100% ownership and marketing rights Significant new HREE discoveries in 2009 & 2010 Focus to date on the Western Australian tenements, awaiting Northern Territory approval to begin exploration in the eastern portion of Browns Range Dome Ex
Slide 12: Browns Range - Wolverine
Browns Range - Wolverine For personal use only 39 RC drill holes completed to date – east-west trending mineralised zone encountered on western end of geochemical soil anomaly Significant widths (up to 20m true width) of HREE mineralisation identified over a strike length of 200m Best drill intercep
Slide 13: Browns Range - Wolverine
Browns Range - Wolverine For personal use only Structurally controlled hydrothermal mineralisation Xenotime mineralisation in quartz veined, brecciated, silicified and hematitic arkosic sandstones Mineralisation open at depth – diamond drilling to commence in November 2011 to test depth extensions M
Slide 14: Browns Range – Gambit
Browns Range – Gambit For personal use only Image looks south 14
Slide 15: John Galt HREE Project
John Galt HREE Project For personal use only Northern Minerals has option to acquire 100% of the project Similar mineralisation as Browns Range – high value HREE in xenotime Xenotime-hosted mineralisation at three different zones Historical drilling results at only zone drilled: • 9.80m @ 1.58% TREO
Slide 16: Gardiner-Tanami Project – Gold/Uranium
Gardiner-Tanami Project – Gold/Uranium For personal use only Gold Project located within Tanami Arunta region – a world-class gold province, with several plus million ounce deposits (Callie, Granites, Tanami) Gold geochemical soil anomalies defined in the Don- Venus prospect area Follow-up drilling
Slide 17: 2010/11 Achievements
2010/11 Achievements For personal use only Technical • Discovered significant HREE at all 4 prospects through RC drilling • Intersected significant HREE mineralisation at Wolverine over 200 metres including; • 33m @ 1.53% TREO (1,470ppm Dy2O3) from 54m • 11m @ 1.89% TREO (1,806ppm Dy2O3) from 50m •
Slide 18: Pathway to Production
Pathway to Production Browns Range Project 2011 2012 2013 2014 2015 For personal use only Stakeholder Engagement Exploration JORC Resource Drilling Scoping Study (incl. desktop capex study) Metallurgy Testwork Environmental Studies and EIS Strategic Alliance Partner Engagement Pre Feasibility Study
Slide 19: In Summary
In Summary Strategy For personal use only To produce and deliver 3,000 tpa HREO in concentrate in 2015 2012 “Pathway to Production” • Deliver JORC resource at Browns Range • Ongoing exploration to build mineral inventory • Complete Pre-Feasibility Study • Advance HREO strategic off-take partner disc
Northern Minerals — Investor Presentation (November 2011) on 6ix