Accent Resources Nl · ASX:ACS
Accent Resources Nl — Investor Presentation (February 2016)
35 slides from Accent Resources Nl's investor presentation, Feb 11, 2016
Slide 1: Investor Update
INVESTOR UPDATE Accent Resources NL is pleased to advise that it has recently completed a road show to Chinese investors and potential partners for the purposes of assessing interest in its flagship Magnetite Range Iron Ore project. The road show presented to steel mills, commodity traders, potentia
Slide 2: Accent Resources NL Emerging Iron Ore Producer
ACCENT RESOURCES NL Emerging Iron Ore Producer June 2010
Slide 3: Important notice and JORC compliance
Important notice and JORC compliance • This presentation has been prepared and issued by Accent Resources NL (“ACS”) with the objective of providing information to interested parties about ACS. This presentation should not be considered as an offer or invitation to subscribe for or purchase any secu
Slide 4: Corporate Snapshot
Corporate Snapshot Capital Structure Ordinary Fully Paid Shares @ 30 June 2009 144,032,233 Unlisted Options 12c (expire 31st July 2010) 10,000,000 Unlisted Options 12c (expire 1st Dec 2012) 12,000,000 Market Capitalisation $A28,000,000 Cash (approx) $A3,500,000 Top 10 Shareholders (March 2010) Rich
Slide 5: Accent Projects
Accent Projects Arcadia Gold Magnetite Range Iron Norseman Gold Katanning Ti V
Slide 6: Overview
Overview • Focus on Accent’s 100% owned Magnetite Range Iron Ore Project • Proximal to Extension Hill and Karara Mine Developments in Emerging Mid West Iron Ore Region • High Category Maiden Resource • More than 19,000m of drilling completed • 391Mt @ 30%Fe (30.8% DTR mass recovery for 67% Fe concen
Slide 7: Mid West Iron Ore Projects
Mid West Iron Ore Projects Magnetite Range Geraldton Iron Ore Alliance GIOA
Slide 8: Emerging Iron Ore Region - Infrastructure Projects Increase Development Options
Emerging Iron Ore Region - Infrastructure Projects Increase Development Options Energy • DBNG pipeline to supply >900 TJ/day • State Government Stage One 330kv network upgrade approved • Future power transmission lines to Karara and Extension Hill Rail • Oakajee Rail Network including Karara spur Po
Slide 9: Magnetite Range - Not a remote deposit
Magnetite Range - Not a remote deposit • Infrastructure Upgrades in Mid-West • Easy Access via Sealed Highway Region • Adjacent to Emerging Producers - Geraldton and Proposed Oakajee Ports • Adjoins Extension Hill Project - 45km from Karara Rail Spur or consider • 45km from Karara Magnetite Project
Slide 10: Maiden Resource Estimate
Maiden Resource Estimate • 391Mt maiden resource estimate • 70% in Indicated category This Area to • Extensively drilled - more than 19,000m in 128 be Drilled RC & DD holes • Excellent results in south • Some targets have not yet been drilled • Additional drilling to add to project scale Extension H
Slide 11: Resource Statement
Resource Statement Magnetite Range Mineral Resource at 15% davis tube mass recovery Head Assay Davis Tube Concentrate Values DTR mass Class Mt Fe % S% SiO2 % Al2O3 % Recovery % Fe % S% SiO2 % Al2O3 % Indicated 288.2 30.4 0.40 46.53 2.43 31.2 66.8 0.61 5.52 0.28 Inferred 102.8 28.9 0.37 47.36 3.27 29
Slide 12: Southern Area Exceeds Expectations
Southern Area Exceeds Expectations • Thick Banded Iron Formations MGD019: 91.5m @ 50.5% mass recovery to a 69.2% Fe concentrate from 90.5m MGD018: 118m @ 43.2% mass recovery to a 67.5% Fe concentrate from 76m MGD021: 188 m @ 45.7% mass recovery to a 67.6% Fe concentrate from 113m MGRD072: 128m @ 42.
Slide 13: Types of Mineralisation at Magnetite Range
Types of Mineralisation at Magnetite Range 1. Coarse grained magnetite – low sulphur 3 2. Fine grained magnetite – low sulphur 3. Coarse grained magnetite – high sulphur 1 4. Fine grained magnetite – high sulphur Main types characterised by existing or in progress testwork 2 4 1&2
Slide 14: Metallurgical Testwork
Metallurgical Testwork • Significant metallurgical test work and process engineering studies completed and underway • Julia prospect – Premium Product.. Simple processing produces high quality concentrate (high mass recovery, high Fe, low impurities). 75 and 45 micron grind size. (Blast Furnace pell
Slide 15: Testwork – Magnetite Concentrates
Testwork – Magnetite Concentrates Coarse Grained Low Sulphur LIMS Concentrate P80 = 75 microns Mass Recovery Fe SiO2 Al203 P S % % % % % % Concentrate 45.9 69.2 4.20 0.12 0.004 0.003 Head Assay 100 37.0 42.00 0.64 0.066 0.036 Fine Grained Low Sulphur LIMS Concentrate P80 = 45 microns Mass Recovery F
Slide 16: Pre-concentration route favoured
Pre-concentration route favoured Dry cobbing pre-concentration route •Reduces water consumption •Improves milling efficiency •Early rejection of contaminants ahead of milling The mass recovery of magnetite is higher than for many other local projects (>40%) Opportunity for recovery of magnetite at c
Slide 17: Concentrator Process Design Criteria
Concentrator Process Design Criteria Based on bench-scale metallurgical testwork supervised by METS Production Capacity 5 Mtpa concentrate Coarse grained types Plant Throughput 12.5 Mtpa Crushing Work Index average and max 5.4 kWh/t ;14.4 kWh/t Unconfined Compressive Strength average 98.2 MPa Primar
Slide 18: Concentrator Flowsheet Development
Concentrator Flowsheet Development Operating Cost OPEX $A31.1 – 35.1/tonne concentrate (incl. transport and ship loading) Comparable to OPEX for other proposed Australian magnetite projects
Slide 19: Infrastructure Engineering
Infrastructure Engineering Infrastructure review completed Engineering estimates for transport infrastructure have been developed Scoping level Groundwater study completed Materials handling testwork completed to assist with pumping and product transport Slurry pipeline or road / rail tran
Slide 20: Project Achievements
Project Achievements Advanced magnetite resource at Magnetite Range. Resource upgrade possible Consolidation of landholding to 100% ownership of project Substantial drilling (+19,000m) and geological interpretation has allowed early recognition of ore types Extensive metallurgical testwork a
Slide 21: Study Team
Study Team Mineral Resources Micromine Consulting Mine Design & Ore Reserves Golder Associates Geotechnical Golder Associates Process Engineering METS Infrastructure Engineering METS Metallurgical Testwork AMDEL, AMMTEC, Nagrom Environmental Golder Associates Hydrogeological Golder Associates Tailin
Slide 22: Katanning Vanadium Exploration
Katanning Vanadium Exploration Mine Hill Red Hill Linda Sue • Large tenement holding , 80km strike. Titano vanadium magnetite outcrops • 85 shallow RC holes completed, significant vanadium intersections,. • Follow-up core drilling. Massive magnetite in gabbro - await assays • Highly encouraging prel
Slide 23: Red Hill Prospect
Red Hill Prospect eastern limb Red Hill western limb • Partially tested 6km long target • Titano vanadium magnetite outcrops • Recent drilling massive magnetite in metagabbro – Await Ti V Magnetite Outcrop assays
Slide 24: Red Hill
Red Hill 08KTR075: 20m @ 0.65 per cent V 2O5 from 6 to 26m Includes 6m @ 0.93 per cent V2O5 08KTR076: 12m @ 0.54 per cent V2O5 from 0 to 12m includes 4m @ 0.82 per cent V2O5 08KTR001: 4m @ 0.62 per cent V 2O5 from 0 to 4m 08KTR009: 17m @ 0.46 per cent V 2O5 from 0 to 17m includes 5m @ 0.91 per cent
Slide 25: Mine Hill Prospect
Mine Hill Prospect Mine Hill • Hole 10KTD001: Massive magnetite in metagabbro – Await assays 10KTD001 Drill Site • Priority follow up required
Slide 26: Linda Sue Prospect
Linda Sue Prospect Ti V Magnetite Outcrop • Anomalous V2O5 geochemistry and Ti V magnetite • Hole K4 intersected 5m @ 0.36% V2O5 • Priority follow up required
Slide 27: Preliminary Vanadium Testwork
Preliminary Vanadium Testwork Mine Hill Magnetic Separation 300 microns %V2O5 % % % % % % % wt% %V2O5 recovery Fe TiO2 SiO2 S CaO Al2O3 P LOI % LIMS magnetic concentrate 61.8 1.89 83.6 62.85 6.47 0.43 0.01 <0.01 2.42 0.00 -1.50 Scavenger conc 0.8 1.88 1.1 62.65 6.93 0.43 0.01 0.01 2.18 0.01 -1.53 To
Slide 28: Geological Interpretation & Targets
Geological Interpretation & Targets Source: Mackay & Schnellmann • Drill targets at Mine Hill, Red Hill and Linda Sue
Slide 29: Geological Targeting
Geological Targeting • Follow up +20 regional geological / geochemical targets • Anomalous geochemistry and titano magnetite outcrop at Linda Sue priority target
Slide 30: Gold Projects
Gold Projects • Arcadia Project – Significant Intersections • Norseman Project – Defined Gold Resources Arcadia Gold Norseman Gold
Slide 31: Arcadia Gold Project
Arcadia Gold Project • Three +2 mill Oz gold deposits in district • Promising drill intercepts • 8m @ 3.89 g/t Au • 8m @ 4.24 g/t Au • 3m @ 5.93 g/t Au • 12m @ 1.7 g/t Au • Drill follow up proposed Arcadia Gold Project
Slide 32: Norseman Regional
Norseman Regional 121o50’E Legend Jimberlana Dyke Granite Mt Kirk Formation 32o10’S Woolyeenyer Formation Norseman (2.2M ozs) Noganyer Formation (Mined 5M ozs) Penneshaw Formation Red White & Blue Surprise (24,000 ozs) Plant Fault Iron Duke Anticline, interpreted (41,300 ozs) 32o20’S Major Gold Depo
Slide 33: Norseman Gold Project
Norseman Gold Project Red White & Blue Plant • Norseman Goldfield • Mining operations in district Surprise Resource 24,200oz Au • Defined two open cut resources Iron Duke Resource 41,300oz Au Lady Miller Open Cut
Slide 34: Iron Duke Deposit – Drill Cross Section
Iron Duke Deposit – Drill Cross Section
Slide 35: Surprise Deposit – Drill Cross Section
Surprise Deposit – Drill Cross Section
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