Apc Minerals Limited · ASX:APC
Apc Minerals — Australian Potash — Shareholder Meeting (November 2017)
23 slides from Apc Minerals's shareholder meeting presentation, Nov 30, 2017
Slide 1: Annual General Meeting Presentation
For personal use only Australian Potash Limited (ASX:APC) Annual General Meeting Presentation 30 November 2017 Australian Potash Limited (ASX:APC) 1
Slide 2: Cautionary Statement & Disclaimer
Cautionary Statement & Disclaimer For personal use only Scoping study – cautionary statement The Study referred to in this announcement is a preliminary technical and economic investigation of the potential viability of the Lake Wells Potash Project. It is based on low accuracy technical and economi
Slide 3: Competent Persons Statement
Competent Persons Statement For personal use only The information in the announcement that relates to Exploration Targets and Mineral Resources is based on information that was compiled by Mr Jeffery Lennox Jolly. Mr Jolly is a principal hydrogeologist with AQ2, a firm that provides consulting servi
Slide 4: The Last Year
The Last Year For personal use only Q4 2016 Q1 2017 Q2 2017 Q3 2017 Q4 2017 Approvals received to First test-production bore construct pilot ponds Pilot solar evaporation Scoping Study findings Production bore flow rates reported ponds commissioned reported installation program q Up to 27 l/s reache
Slide 5: Corporate Overview
Corporate Overview For personal use only APC provides investors with a capital efficient exposure to the rapidly evolving SOP outlook Capital structure ASX ticker APC Share price (29 Nov 2017) A$0.11 Shares on issue (ASX: APC) 261m Listed Options (ASX: APCOA) 38m Unlisted Options 31m Market capitali
Slide 6: Lake Wells Sulphate of Potash Project
For personal use only Lake Wells Sulphate of Potash Project Western Australia, 100% owned Australian Potash Limited (ASX:APC) 6
Slide 7: Lake Wells Sulphate of Potash Project
Lake Wells Sulphate of Potash Project For personal use only • 100% ownership of +2,000km2 Lake Wells SOP project • March 2017 Scoping Study confirms potential for high returning 2 stage, 300ktpa SOP operation • No Native Title lodged, registered and determined • Long life, lowest cost quartile SOP o
Slide 8: APC's Lake Wells Tenure
APC’s Lake Wells Tenure For personal use only Mining lease applications 10km 10km 10km 2015 2016 2017 Today APC holds a commanding position at Lake Wells • +2,000kms2 of exploration tenure • Mining Leases covering entire Stage 1 ++ SOP project development envelope recommended for grant • And 1/3rd o
Slide 9: A Significant SOP Resource
A Significant SOP Resource For personal use only APC has the largest indicated resource amongst ASX development peers • Four out of the five Australian domiciled SOP aspirants report a specific yield 20 100% Drainable SOP resources (mt) % resource indicated resource estimate 15 80% 60% – JORC & CIM
Slide 10: Advanced Permitting Process
Advanced Permitting Process For personal use only • Australian Potash submitted Mining Lease applications over its development area in December 2016 • The Department of Mines, Industry Regulation and Safety (DMIRS) has recommended the Mining Leases be granted • The Mining Lease applications have com
Slide 11: Logistics Advantage
Logistics Advantage For personal use only Lake Wells is located within close proximity to sealed road and rail • Australia consumes c.72kt SOP annually, therefore 2250 80% Australian projects will be required to established a 2000 70% Product transport as a % of FOB costs Distance to port by segment
Slide 12: On-Playa Unlined Evaporation Ponds
On-Playa Unlined Evaporation Ponds For personal use only Low evaporation pond intensity per unit of SOP • Pre-concentration and crystalliser ponds can be lined or unlined subject to base composition 60 450 400 Target production rate (ktpa) Evaporation pond area (km 2) • APC will develop the pre-conc
Slide 13: Highly Value Accretive MOP Conversion Circuit
Highly Value Accretive MOP Conversion Circuit For personal use only Lower brine extraction intensity per unit of SOP • APC planned MOP conversion circuit utilises 70 400 excess sulphate levels in brine to maximise 60 350 value capture of resource and capital efficiency 300 SOP production (ktpa) 50 •
Slide 14: Lake Wells: Bore versus Trench Analysis
Lake Wells: Bore versus Trench Analysis For personal use only In addition to data collection APC considered the following factors in the Scoping Study analysis to utilise a 100% borefield abstraction option at Lake Wells Parameter Bores Trenches Does the system work if & when the lake is under water
Slide 15: Peer Comparison
Peer Comparison For personal use only Australian Reward Salt Lake Agrimin Kalium Lakes Potash Minerals Potash (AMN) (KLL) (APC) (RWD) (SO4) Indicated JORC compliant SOP resource 12.7Mt 12.3Mt 4.4Mt n/a 4.3Mt 2 claims 1 claim 1 claim 2 claims Native Title status NT free 1 ILUA 1 ILUA NO ILUA 1 ILUA R
Slide 16: Key DFS Work Streams
Key DFS Work Streams For personal use only Scheduled to Activity Status complete 2017 bore install program Complete - Fresh water program Complete - 2017 geotech program Complete - Send trial SOP to MOU partners On going Q2 2018 2018 bore install program Scheduled Q2 2018 2018 geotech program Schedu
Slide 17: Yamarna Gold Project
For personal use only Yamarna Gold Project Western Australia, 100% owned Australian Potash Limited (ASX:APC) 17
Slide 18: Yamarna Gold Project
Yamarna Gold Project For personal use only q Location - proven gold mineralised system south of and contiguous with Yamarna Gold project tenure q Structural review and targeting conducted with 18 targets identified q Pathfinder geochemistry & alteration mapping review conducted with 16 targets ident
Slide 19: Yamarna Shear – Structural Dilationary Zone
Yamarna Shear – Structural Dilationary Zone For personal use only Outstanding regional success • June 2017 adjoining neighbour Gold Road Resources (ASX: GOR) 2 3 released outstanding gold results 2kms south-east of APC’s tenement holding at Ibanez prospect including – 10m @ 28.76g/t Au – 9m @ 4.56g/
Slide 20: Structural Analogues: Archean greenstone
Structural Analogues: Archean greenstone For personal use only Australian Potash Limited (ASX:APC) 20
Slide 21: Geochemical targeting
Geochemical targeting For personal use only Geochemical analysis by Dr Scott Halley indicates intrusion related mineralization, where analogues include; Kanowna Belle (+6Moz WA), Wallaby (+8Moz WA), Jupiter (+1.3Moz WA), Hemlo (+20Moz Canada) Australian Potash Limited (ASX:APC) 21
Slide 22: Directors
Directors For personal use only Matt Shackleton Rhett Brans Brett Lambert Executive Chairman Non-executive Director Non-executive Director Matt is a resources executive and Chartered Mr Brans is an experienced director and civil Mr Lambert is a mining engineer and Accountant with 20 years experience
Slide 23: Registered Office Address
For personal use only Registered Office Address 31 Ord Street, West Perth WA 6005 PO Box 1941, West Perth WA 6872 Reception: +61 8 9322 1003 Email: m.shackleton@australianpotash.com.au Website: www.australianpotash.com.au ABN 58 149 390 394 Australian Potash Limited (ASX:APC) 23
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