New Age Exploration Limited · ASX:NAE
New Age Exploration — Investor Presentation (September 2014)
15 slides from New Age Exploration's investor presentation, Sep 16, 2014
Slide 1: Lochinvar Coking Coal Project
Lochinvar Coking Coal Project For personal use only “A New Age of coking coal for the UK” Investor Presentation September 2014 ASX : NAE
Slide 2: Lochinvar – A Unique Coking Coal Project
Lochinvar – A Unique Coking Coal Project A major undeveloped resource, with low capital intensity, in a For personal use only prime location… Position • 100% ownership • UK advantage Platform • 111Mt total Resource • Potential long life underground mining project Product • Attractive low ash coking
Slide 3: Position – United Kingdom
Position – United Kingdom • Undeveloped coalfield For personal use only • Original Licence granted 2012, Lochinvar South Licence granted 2014 (both 100% NAE) • Attractive investment destination: Low risk Low cost structure • Supportive landowners, local and national (Scottish) N government Unite
Slide 4: Platform – Initial Inferred Resource 112Mt
Platform – Initial Inferred Resource 112Mt Coal Indicated Inferred Total For personal use only Seam Resource Resource Resource (Mt)1 (Mt)1 (Mt) Nine Foot 37 49 86 Six Foot 13 13 26 Total 49 62 111 • Additional Exploration Target of 31 – 64Mt2 • Based on 9 historic NCB holes and 10 holes drilled by N
Slide 5: Platform – Nine Foot Seam Depth Profile
Platform – Nine Foot Seam Depth Profile • Attractive depth, dip and seam For personal use only thickness for underground mining • Increased understanding of structural interpretation • Initial planning indicates workable mining panels between known faults • Shallow coal: • 67Mt of total resource fro
Slide 6: Platform – Seam Thickness
Platform – Seam Thickness Coal (West) (East) For personal use only Six Foot Seam Ave 1.5m (1.5m coal) Nine Foot Seam1 Ave 2.2m (2.0m coal) 1 The Indicated and Inferred Resource for the Nine Foot Seam includes upper plies of the Nine Foot Seam in the north part of 6 the deposit. In the south part of
Slide 7: Product – Low Ash Coking Coal
Product – Low Ash Coking Coal Raw Coal Analysis – Total Resource Average (Air Dried Basis) For personal use only Seam Resource Inherent Ash Volatile Sulphur CSN Tonnage Moisture Matter Million Tonnes % % % % Nine Foot 86 2.5 13.4 31.9 2.2 6.0 Six Foot 26 3.0 11.0 32.0 3.5 6.5 Indicative Lochinvar Co
Slide 8: Proximity – UK Infrastructure and Domestic Market
Proximity – UK Infrastructure and Domestic Market For personal use only • West Coast Main Line adjacent to licence (300m) • Direct rail links to potential domestic customers: Minimises project capital expenditure Minimises project build time • No indigenous coking coal supply in UK • Opportunity
Slide 9: Proximity – Logistics Options
Proximity – Logistics Options 2012 Coking Coal Imports: For personal use only • UK 4.8Mt • West Europe 22.9Mt • Total 27.7Mt 2012 Suppliers to UK and Western Europe: • Australia 40% • USA 38% • Other 22% Export Options • Ports – Reviewing port options including; Hunterston, Ayr, Workington, Blyth, T
Slide 10: Scoping Study
Scoping Study • Scoping Study progressing to completion in October • Indicated Resource forms strong foundation for study For personal use only • Encouraging results to date Lochinvar Scoping Study - Priority Development Case Coal Mining • Main coal production via a single bi-directional miniwall sh
Slide 11: Indicative Schedule
Indicative Schedule Short Term Schedule - 2014 Second Half For personal use only Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Phase 1b Drilling Program (4 holes) Completed: 16 May Extended Phase 1b Drilling Program Completed: 2 July Clean Coal Analysis Completed: 29 August Phase 1b
Slide 12: Peer Comparison
Peer Comparison New Age Attila Jameson Cokal Atrum For personal use only Exploration Resources Resources Coal (ASX: NAE) (ASX: AYA) (ASX: JAL) (ASX: CKA) (ASX: ATU) Project Lochinvar Kodiak Crown Bumi Barito Groundhog Mountain Country UK USA Canada Indonesia Canada Ownership 100% 70% 90% 60% 100% St
Slide 13: Company Summary
Company Summary ASX Code : NAE Gary Fietz - Managing Director For personal use only Geologist with 25+ years experience in Share Price : A$0.021 (8 September 2014) exploration, business development and project evaluation. Previously VP Iron Ore Business Development with BHP Billiton. Ordinary Shares
Slide 14: Disclaimer
Disclaimer Competent Persons Statement - Lochinvar Resources: The Resources estimate is based on information compiled by Dr John Bamberry, who is a Member of the Australasian Institute of Geoscientists (Member For personal use only No. 4090). Dr Bamberry is General Manager of Geological Services of
Slide 15: Lochinvar Coking Coal Project
Lochinvar Coking Coal Project For personal use only “A New Age of coking coal for the UK” Jon Reynolds, Business Development New Age Exploration Limited Telephone: + 61 3 9620 9931 Email: info@nae.net.au Web: www.nae.net.au
New Age Exploration — Investor Presentation (September 2014) on 6ix