Gem Resources Plc · LSE:GEMR
Gem Resources — URA Holdings — Investor Presentation (February 2023)
19 slides from Gem Resources's investor presentation, February 2023
Slide 1: Investor Presentation
URA HOLDINGS PLC FEBRUARY 2023 Investor Presentation African Mineral Exploration and Development Company (LSE:URAH)
Slide 2: About us
BACKGROUND ON URA About us URA listed on the Standard Market of the London Stock Exchange as an African focused mineral exploration company on 2 March 2022 URA’s strategy is to seek unique, value-enhancing opportunities Strategy in the minerals sector with Southern Africa URA’s main focus is bringin
Slide 3: Board & Management
Board & Management Edward Nealon Dr Bernard Olivier Sam Mulligan Non Executive Chairman Chief Executive Officer Operations Director Geologist with 47 years’ experience in mining and Geologist with 23 years’ experience in mining & exploration Based in Lusaka – developed successful exploration – found
Slide 4: Gravelotte Emerald Mine (GEM)
Gravelotte Emerald Mine is located in NE South Africa AN OVERVIEW approximately 50km from the Kruger National Park. Much of the Gravelotte Emerald extensive mine site infrastructure has recently been refurbished and upgraded in preparation for recommencing operations Mine (GEM) Gravelotte Emerald Mi
Slide 5: Gravelotte Emerald Mine – A Rich History
AN OVERVIEW Gravelotte Emerald Mine – A Rich History Original Share Certificate For Gravelotte Emerald Mine from 1938 Sorting tables at Gravelotte Emerald Mine in 1978 GEM 5
Slide 6: Maiden JORC Mineral Resource
NOV 2022 – ACA HOWE INT. Maiden JORC Mineral Resource Total Independent maiden JORC (2012) Mineral Resource Estimate of 29 million carats of contained emerald established by ACA Howe International (See Table 1) Prior to the work conducted by URA in 2022 Gravelotte had no code-compliant Mineral Resou
Slide 7: Additional JORC Exploration Targets
NOV 2022 – ACA HOWE INT. TABLE 2 Additional JORC JORC Exploration Target mineralisation for the Gravelotte Emerald Mine Exploration Targets Exploration Target Tonnage Range Grade Emerald Content 12 Additional JORC (2012) Exploration Targets totalling between (MT) (g/t) Million carats 168 million car
Slide 8: 3D Geological Model
NOV 2022 – ACA HOWE INT. 3D Geological Model Section line 15E shown in inset Emerald crystals in host rock at Gravelotte Mine 3D GEOLOGICAL MODEL 8
Slide 9: 3D Geological Model
NOV 2022 – ACA HOWE INT. 3D Geological Model Section of Discovery Mineralisation model looking east Emerald Crystals from Gravelotte Mine 3D GEOLOGICAL MODEL 9
Slide 10: Restarting the Gravelotte Emerald Mine
Restarting the The Gravelotte Mine comprises: established infrastructure, existing and accessible open cuts together with extensive low grade dumps, a large historic data base, a nearby and available work force, local onsite technical expertise. Gravelotte Mine and Site infrastructure include: Major
Slide 11: Gravelotte Mine site photo
Plant & Offices Cobra North Pit Discovery Pit Runway Cobra South Pit Gravelotte Mine “Now…. younger buyers are coming to appreciate jewels, with their multiplicity of meanings. According to Sotheby’s, 25 per cent of its online bidders between January and July were aged 40 and under Source: site phot
Slide 12: Emerald Market & Price Trends
GEMFIELDS (AIM:GEM) ACHIVE RECORD EMERALD SALES DURING 2022 Emerald Market & Price Trends Emerald demand was driven by the increased promotion and marketing of high- end coloured gemstones as tangible, high-value safe-haven investment. These safe-haven investments, designed to offer wealth protectio
Slide 13: Emerald price per carat more than doubles for high quality emeralds
Emerald price per carat more than doubles for high quality emeralds over 12 months. 2021 In December 2021, price per carat achieved at auction for high-quality emeralds increased to US$ 150.65. This is 2.5 times higher than the price per carat price achieved in December 2021 and over twice as high a
Slide 14: Gravelotte Mine Opportunity
SUMMARY Gravelotte Mine Opportunity Large historic economically successful emerald mine with well known If the average price per carat of the lowest quality emerald, mine and geology, existing infrastructure, granted Mining License and near-term sold by Gemfields (AIM:GEM) is conservatively used the
Slide 15: Zambian Strategic Minerals Project
AN OVERVIEW Zambian Strategic Minerals Project 100% Ownership of two licences located in NE Zambia, covering over 1,200km2 (~296,500 acres) Strategic Minerals identified through exploration and/or historical mining within combined licence areas include: Niobium, Tantalum, Beryllium (Beryl), Rare Ear
Slide 16: Strategic Minerals Project Geology
GEOLOGY Artisanal mining now focused on Strategic extraction of Coltan (Columbite -Tantalite) as a source of Niobium and Tantalum Minerals Project • 15 grab samples reported average Li concentrations of over 5000ppm with Excavation, mapping and sampling of 35 an average Li of 9,194ppm and a trenches
Slide 17: Capital Structure
Major Shareholders Capital Structure AFRICA CRITICAL METALS LIMITED* 65,384,615 43.10% Independent Shareholders 74,469,694 52.50% Top Shareholders(>3%) and Management Peter Redmond 1,051,281 0.75% as at 1 February 2023 Jeremy Sturgess-Smith 940,000 0.66% Total Shares on Issue 141,845,590 Market Capi
Slide 18: Investment Opportunity
Investment Opportunity Strong and successful management team Near term production potential Multiple routes to expansion, with routes to early value creation INVESTMENT OPPORTUNITY 18
Slide 19: Disclaimer
Disclaimer The information contained in this presentation is provided as at the date of its publication and is subject to updating, completion, revision, amendment and further verification and does not purport to contain all information that may be required to evaluate the Company or the Offering. T