Vrx Silica Ltd. · ASX:VRX
Vrx Silica — Ventnor Resources — Investor Presentation (November 2018)
30 slides from Vrx Silica's investor presentation, Nov 26, 2018
Slide 1: WA Silica Sand Projects
For personal use only Ventnor Resources Limited WA Silica Sand Projects November 2018
Slide 2: Disclaimer
Disclaimer For personal use only • This document has been prepared by Ventnor Resources Limited (VRX). The information contained in this document is for information purposes only and has been prepared for use in conjunction with a verbal presentation and should be read in that context. • The informa
Slide 3: Competent Person
Competent Person For personal use only The information in this Report that relates to Muchea Exploration Results is based on data collected under the supervision of Mr David Reid, in his capacity as Exploration Manager. Mr Reid, BSc (Geology), is a registered member of the Australian Institute of Ge
Slide 4: The world is facing a global sand crisis
The world is facing a global sand crisis For personal use only 4
Slide 5: Silica Sand Use
Silica Sand Use For personal use only Construction Sand Concrete Glassmaking Float, Containers, Architectural, Thin Film Metal Casting/Foundry Automobile parts Oil/Gas Well Stimulation Frac sand/proppant Metallurgical Ferrous and Non-ferrous Alloys Paint and Coatings Brightness and durability Chemic
Slide 6: Silica Sand Markets
Silica Sand Markets For personal use only Priority for Marketing Construction Silica sand for Foundry sand Frac sand sand glassmaking proppant 6
Slide 7: Market Outlook
Market Outlook For personal use only Estimated demand for silica sand for glassmaking by region: Region % of Global demand Asia Pacific 47% North America 20% Western Europe 16% Eastern Europe 8% Africa/Middle East 5% Central and South America 4% Source: Freedonia 7
Slide 8: Market Outlook
Market Outlook For personal use only Asian glass making production increasing 5-6% per year Use Spec Market in Asia Float (Plate) Glass 99.5% SiO2 60-65 Mt Container Glass 99.5% SiO2 70-75 Mt Cover Glass (Solar Panels) 99.95% SiO2 Low Fe 5-6 Mt Smart Glass (Ultra Clear) 99.97% SiO2 Low Fe 1-2 Mt Spe
Slide 9: For personal use only
For personal use only Identify and delineate large scale silica sand resources close to Ventnor’s infrastructure silica sand Develop plans for the mining strategy and export of high quality silica sand Explore opportunities for further processing to value-add 9
Slide 10: Setting
For personal use only Setting 10
Slide 11: WA Silica Sand Projects
WA Silica Sand Projects For personal use only 11
Slide 12: Arrowsmith
Arrowsmith For personal use only • 270km nth of Perth • South of Dongara with rail connections to Geraldton Port • Very large-scale potential • Preliminary testwork confirms glass-making quality (+99.5% SiO2) • Low capital intensity and low environmental impact mining propositions 12
Slide 13: Arrowsmith
For personal use only Arrowsmith 13
Slide 14: Arrowsmith North Inferred Resource
Arrowsmith North Inferred Resource For personal use only 193.6 million tonnes @ 98% SiO2* *Note: Interpreted mineralisation is domained into different sand types based on drill logging data and publicly available soil mapping information, above a basal surface wireframe defined based on the current
Slide 15: Arrowsmith North Upgrade
Arrowsmith North Upgrade For personal use only 15
Slide 16: Arrowsmith North Upgrade
Arrowsmith North Upgrade For personal use only 16
Slide 17: Exploration
For personal use only Exploration 17
Slide 18: Rail Access to Geraldton
Rail Access to Geraldton For personal use only 18
Slide 19: Geraldton Port
For personal use only Geraldton Port 19
Slide 20: Muchea
Muchea For personal use only • Significant high grade Silica Sand deposit • 50 km nth of Perth • 14 km nth of Muchea • Transport logistics - rail products to Kwinana Port for export • Adjacent to Brand Highway • Granted tenure 100% VRX 20
Slide 21: Muchea
Muchea For personal use only • Due diligence drilling indicated high-grade SiO2 (+99.6% Avg) • Preliminary testwork indicates processing can upgrade sand to specialised glass quality • Current logistics under-utilised with significant interest from operators 21
Slide 22: Muchea Indicated/Inferred Resource
Muchea Indicated/Inferred Resource For personal use only 191Mt @ 99.6% SiO2 Million Classification SiO2% Al2O3% Fe 2O3% LOI% TiO2% Tonnes Indicated 19 99.7 0.03 0.03 0.2 0.08 Inferred 172 99.6 0.04 0.02 0.2 0.08 Indicated + Inferred 191 99.6 0.04 0.02 0.2 0.08 *Note: Interpreted mineralisation is do
Slide 23: Muchea
Muchea For personal use only • Muchea is potentially a world class high- grade silica sand deposit • With an unusually high grade feed stock simple processing can provide almost any required grade product 23
Slide 24: Proposed Exploration Program
Proposed Exploration Program For personal use only Drilling using 4WD-mounted AC rig and hand held auger 24
Slide 25: Exploration Program
Exploration Program For personal use only • Exploration to date has allowed and estimate for an Inferred Resources at Arrowsmith North and an Indicated/Inferred Resource at Muchea • All exploration above the water table • Very low cost shallow drilling (10-15m) in free running sand • Sand 2-3% moist
Slide 26: Development Program
Development Program For personal use only • Closer spaced drilling for an Indicated Resource at Arrowsmith North and an expanded Indicated Resource at Muchea is planned for January 2019 • Third iteration bulk testwork underway will determine potential products and required processing equipment • Wet
Slide 27: Processing
Processing For personal use only Established processing techniques (no chemicals, no dust) 27
Slide 28: Processing
For personal use only Processing 28
Slide 29: Corporate & Capital Summary
Corporate & Capital Summary Share Code (ASX) VRX Shares For personal use only Shares on Is s ue 364.7 m Options is s ued 52.0 m ASX 52 week high/low $0.19/$0.036 Cas h $1.6 m Debt Nil Market Capitalis ation $62 m Directors Paul Boyatzis Non-Executive Chairman Bruce Maluish Managing Director Peter Pa
Slide 30: Investment Considerations
Investment Considerations For personal use only EMERGING IDEALLY OUTSTANDING PLACED TO AUSTRALIAN PROJECT CAPITALISE ON STRATEGIC ECONOMICS ROBUST SILICA SAND AND MARKET PRODUCER LOGISTICS OUTLOOK AND DEMAND POTENTIAL RAPID LARGE SAND PATHWAY TO RESOURCES FINANCING AND AND PRODUCTION PRODUCTION OTHE
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