Black Canyon Limited · ASX:BCA
Black Canyon — CRU New World Metals Investment Series (September 2022)
20 slides from Black Canyon's conference presentation, Sep 21, 2022
Slide 1: ASX Announcement – Corporate Presentation RIU conference
ASX Announcement For personal use only 21 September 2022 ASX:BCA Corporate Presentation – RIU conference Black Canyon (ASX: BCA) is pleased to release the following presentation that Executive Director, Mr Brendan Cummins presented at the CRU New World Metals Investment Series, on Wednesday 21 Septe
Slide 2: Pilbara Focused Manganese Explorer
For personal use only PILBARA FOCUSED MANGANESE EXPLORER Brendan Cummins – Executive Director September 2022 1
Slide 3: Disclaimer & Forward Looking Statements
Disclaimer & Forward Looking Statements For personal use only 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 no
Slide 4: Scoping Study Cautionary Statement
Scoping Study Cautionary Statement For personal use only The Scoping Study referred to in this presentation has been undertaken for the purpose evaluating the potential development of the Flanagan Bore Manganese Project, Pilbara region, Western Australia. It is a preliminary technical and economic s
Slide 5: Corporate Overview
Corporate Overview For personal use only BCA $4.75M BCA Shareholders 12% ASX Code Cash (As of 30 Jun 2022) Other Shareholders Board & 51.4m $13.4M Management 88% Shares on Issue Market Cap (As at 16/09/2022) Top 20 shareholders – 37% 3.04M $8.6m $0.60 2.50 $0.50 Share Price (A$/share) 2.00 Unlisted
Slide 6: Experienced Board
Experienced Board For personal use only Graham Ascough Brendan Cummins Simon Taylor Adrian Hill (Non-Executive Chairman) (Executive Director) (Non-Executive Director) (Non-Executive Director) Geophysicist Geologist Geologist Finance Mr Ascough is a resources executive and Mr Cummins has over 25 year
Slide 7: Primed for Growth
Primed for Growth For personal use only w Manganese Premier Mineral Strategy to Experience focused location Resources develop counts Essential component Tier 1 location - Western Mineral Resource Proven pathway to Strong record into the steel industry Australia announced at LR1 and discover and deve
Slide 8: Manganese – critical to a low carbon future
Manganese – critical to a low carbon future Essential for steel and critical for EV Li-ion batteries Manganese ore price, China port stocks by grade For personal use only Manganese (Mn) is the fourth most consumed metal in the world by tonnage Approximately 90% is used in steel manufacturing wit
Slide 9: Manganese – an emerging energy mineral
Manganese – an emerging energy mineral Ternary (NMC) Li-ion batteries More manganese to feed the battery technology evolution For personal use only LFMP batteries increase energy density and km range. LFP batteries were previously used for energy NMC 111 NMC 532 NMC 811 storage or within high-volu
Slide 10: Portfolio Overview – 2,400km2 under tenure
Portfolio Overview – 2,400km2 under tenure Exploring for “Woodie-Woodie” hydrothermal (high-grade Mn) and Hydrothermal Style “Supergene Balfour” style manganese deposits (med-grade Mn/Fe) For personal use only Leveraging of existing transport infrastructure Black Canyon (100%) ► Large exploration fo
Slide 11: Flagship Project - Flanagan Bore (Carawine JV)
Flagship Project - Flanagan Bore (Carawine JV) Ticks the boxes – scale, outcropping geology, grade & thickness FB1 upside Carawine Project Tenements (BCA earning 75% For personal use only ► Delivers a large-scale, high quality manganese Mineral Resource from surface with outcropping higher-grade zon
Slide 12: Flanagan Bore FB3 - 67Mt @ 10.4% Mn
Flanagan Bore FB3 - 67Mt @ 10.4% Mn FB3 Deposit – RC drilling results For personal use only ► 39m @ 13.5% Mn from surface (FBRC060) ► Including 15m @ 15.8% Mn from surface ► 40m @ 11.9% Mn from surface (FBRC061) ► Including 13m @ 14.1% Mn from surface ► 29m @ 14.5% Mn from surface (FBRC066) ► Includ
Slide 13: Flanagan Bore LR1 - 37Mt @ 10.8% Mn
Flanagan Bore LR1 - 37Mt @ 10.8% Mn LR1 Deposit – RC drilling results For personal use only ► 40m @ 13.4% Mn from surface (FBRC018), incl. ► 11m @ 20.4% Mn from 10m ► 47m @ 10.6% Mn from 10m (FBRC001), incl. ► 10m @ 14.5% Mn from 13m ► 35m @ 11.7% Mn from surface (FBRC035) incl. ► 15m @ 14.7% Mn fro
Slide 14: Flanagan Bore – Metallurgical Studies
Flanagan Bore – Metallurgical Studies Positive sighter level test work For personal use only Significant manganese grade uplifts from feed grades of 11.7% and 13.7% Mn upgraded to approximately 19% and 26% Mn through scrubbing and washing - an important first step for beneficiation. Heavy Liquid
Slide 15: Flanagan Bore Scoping Study – August 2022
Flanagan Bore Scoping Study – August 2022 Key Financial and Project Metrics For personal use only NPV8 (before tax, real) A$134 million IRR (before tax) 67% Production Targets (LOM) 36.1Mt @ 11.7% Mn Initial Mine Life @ 1.8Mtpa 20 Years Annual Mn concentrate production 500kt Project Capital Expendit
Slide 16: Black Canyon - developing assets and creating value for shareholders
Black Canyon - developing assets and creating value for shareholders MRE 104Mt @ 10.5% Mn Cathode battery precursor For personal use only studies Widespread Site review of 6,046m RC Thick Mn Met testwork Regional Commence mineralisation @ all project and DD intercepts @ exceeds 30% Exploration Feasi
Slide 17: Oakover East (Carawine JV)
Oakover East (Carawine JV) Targeting high grade hydrothermal Mn For personal use only ► Previous drilling has identified north-south striking zones of ore grade Mn mineralization, located 35km south of Woodie Woodie ► Continuity of the mineralised horizon along the strike of the Pinjian Chert and Ca
Slide 18: Balfour Regional
Balfour Regional For personal use only Flanagan Bore 104Mt @10.5% Mn Balfour South BCA ASX Announcement 07/03/2022 BCA Completes Acquisition of Panther Exploration 17
Slide 19: Why invest in Black Canyon?
Why invest in Black Canyon? Manganese is essential to the steel industry and a For personal use only key battery mineral, with strong growth forecast Well-funded, tight capital structure with a clear strategy to add value and grow the Company through discovery, development and downstream processing
Slide 20: 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 19
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