Platina Resources Limited · ASX:PGM
Platina Resources — Raw Materials Group 6th Annual Exploration & Mining Investment Conference 2009
24 slides from Platina Resources's conference presentation, Nov 12, 2009
Slide 1: New Frontiers in Gold and PGM Exploration
For personal use only ASX Code: PGM ³New Frontiers in Gold and PGM Exploration´ Thomas Abraham-James ² Exploration Manager Raw Materials Group 6th Annual Exploration & Mining Investment Conference, Stockholm: 12-13 November 2009 1
Slide 2: Snapshot
Snapshot International resource development company ± listed in Australia (ASX: PGM) For personal use only Global portfolio of PGM and gold assets Two advanced Gold/PGM assets at Scoping Study/Pre-Feasibility stage: Skaergaard (100%) ± Greenland Munni Munni (100%) ± Western Australia Pipeline of
Slide 3: Project Locations
Project Locations For personal use only A global portfolio of emerging gold and PGM projects spanning three continents 3
Slide 4: Vision
Vision For personal use only Platina Resources Limited is focused on building shareholder wealth through the exploration & development of gold and PGM projects globally The Company¶s intention is to become a PGM and gold producer through the development of one or more of its projects and to continue
Slide 5: Board & Management
Board & Management Robert W. Mosig, Managing Director ² MSc, FAusIMM, FAICD For personal use only Robert Mosig is a geologist with over 30 years experience in Platinum Group Metals, gold and diamond exploration within Australasia. Thomas Abraham-James, Exploration Manager ² BSc (Hons), MAusIMM T
Slide 6: Capital Structure & Corporate Details
Capital Structure & Corporate Details For personal use only Share Structure (as at November 2009) Platina listed via IPO on the ASX at A$0.20 per share on May 29, 2006 Basic issued & outstanding shares 58,621,749 Options on issue 5,503,000 Fully Diluted 64,124,749 Common Shares Listing ASX: PGM Sh
Slide 7: Skaergaard Project, Greenland
Skaergaard Project, Greenland At forefront of a new generation of For personal use only significant mineral projects in Greenland Located 400km west of geothermal power-rich Iceland 100% -owned (no production royalties) World-class inferred resource containing 10.23Moz gold, 29.61Moz palladium and 1
Slide 8: Skaergaard Geology
Skaergaard ± Geology For personal use only Layered intrusion originally discovered in 1930s Mineralisation consists primarily of palladium, gold and platinum within a titanium and vanadium-rich magnetite gabbro Distinctive trend with high-grade gold located immediately above PGM-rich zone within Au
Slide 9: Skaergaard Inferred Resource Estimate
Skaergaard Project For personal use only Inferred Resource Estimate Grades Contained Metal Metric Au Pd Pt Au Pd Pt Zone Tonnes (millions) (g/t) (g/t) (g/t) (Moz) (Moz) (Moz) Combined 1,520.0 0.21 0.61 0.04 10.25 29.61 1.95 Contained within the Combined Zone Gold 106.6 1.68 0.59 0.05 5.77 2.03 0.17
Slide 10: A World-Scale Gold and Palladium Resource
A World-Scale Gold and Palladium Resource World¶s Largest Un-developed Gold Deposits (1) For personal use only (1) Source MEG: Includes active, wholly-owned projects in either the development, feasibility or preproduction stage. World¶s Largest Un-developed Palladium Deposits (1) (1) Source MEG: Inc
Slide 11: Skaergaard Project – Current Status
Skaergaard Project ± Current Status For personal use only Positive Scoping Study Review completed by GRD Minproc in October 2009 Confirmed viability of conceptual 2.4Mtpa underground mine development Room & pillar mining identified as the preferred underground mining method Operating costs ranging f
Slide 12: Skaergaard – Metallurgical Testwork
Skaergaard ± Metallurgical Testwork For personal use only Excellent bench-scale metallurgical recoveries of gold, palladium and platinum achieved from bulk samples ± up to 92.7% gold recovery via flotation Test Number Head Grade (g/t) Mass Pull Recovery (%) Cum. Grade (g/t) (%) Au Pd Au Pd Au Pd GJ3
Slide 13: Skaergaard Process Considerations
Skaergaard Project Process Considerations For personal use only Consider harsh climatic conditions, terrain and restricted access (sea ice) Minimise surface infrastructure and associated cost: Cladding Power (heating) Cash flow Produce dore and concentrate UNDERGROUND PROCESSING MAXIMISE USE
Slide 14: Skaergaard Process Flow Sheet
Skaergaard Project Process Flow Sheet For personal use only 14
Slide 15: Skaergaard Underground Processing Plant
Skaergaard Project Underground Processing Plant For personal use only Reduced: Surface infrastructure CAPEX OPEX Labor Minimal environmental impact (noise, dust) Smaller TSF footprint Improved Mine Call Factor Maximum 50tph Gravity, Flotation 650µm (VSI) A$ 8/t (excl. Labor) 5m x 5m 15
Slide 16: Skaergaard Proposed 2010 Drilling
Skaergaard Project For personal use only Proposed 2010 Drilling Focus on higher grade gold zone (>4g/t Au + PGM) identified previously by AMC Consultants Planned 6,000m diamond drilling program for 2010 to delineate the gold zone as foundation for a strong, long-life mining operation 2010 field dril
Slide 17: Munni Munni Project, Western Australia
Munni Munni Project, Western Australia Located in the Pilbara region, Western For personal use only Australia 100% owned by Platina JORC Measured, Indicated and Inferred Resource of 24Mt grading 2.9 g/t PGM¶s and gold (1.4Mt Inferred, 9.8Mt Indicated, 12.4Mt Measured) Located 40km from a deepwater p
Slide 18: Munni Munni Project
Munni Munni Project For personal use only One of Australia¶s largest undeveloped platinum- palladium projects Munni Munni undiluted resource estimate at a cut-off grade of 1.9g/t PGM + Au (SRK, 2002, subsequently confirmed by Snowden, 2003). JORC Million Pt Pd Au Rh Cu Ni Category Tonnes (g/t) (g/t)
Slide 19: Munni Munni Project
Munni Munni Project For personal use only Updated conceptual study currently in progress by GRD Minproc Objectives of the study are: To identify potential high-grade portions of the resource Review metallurgy and processing options Review possibility of on-site smelting Review Opex and Capex
Slide 20: Other Exploration Projects
Other Exploration Projects For personal use only Kangerlussuaq Alkaline Complex ~20km west of Skaergaard 1,000km2 circulate target At least 13 satellite intrusions Recent assays from epithermal veins up to 2.5g/t Au, 1,583g/t Ag, 7.7% Cu, 4.3% Mo, 10.1% Pb, 12.2% Zn 100% owned Exploration Li
Slide 21: Summary & Outlook
Summary & Outlook For personal use only Planning well-advanced for major 6,000m diamond drilling program in 2010 at Skaergaard to confirm high-grade gold zone Complete Pre-Feasibility Study at Skaergaard by end 2011 Complete Scoping Study and commence Feasibility Study at Munni Munni PGM Project 21
Slide 22: Disclaimer
Disclaimer This presentation contains ³forward-looking information´ which may include, but is not limited to, statements with respect to For personal use only the future financial or operating performance of Platina Resources Limited (³Platina´), its subsidiaries and its projects, the future price o
Slide 23: Competent Person's Statement
Competent Person¶s Statement For personal use only The information in this presentation that relates to Exploration Results and Mineral Resources is based on information compiled by Mr R. W. Mosig, who is a Fellow of the Australasian Institute of Mining and Metallurgy. Mr Mosig is a full-time employ
Slide 24: New Frontiers in Gold and PGM Exploration
For personal use only ASX Code: PGM ³New Frontiers in Gold and PGM Exploration´ Thomas Abraham-James ² Exploration Manager Raw Materials Group 6th Annual Exploration & Mining Investment Conference, Stockholm: 12-13 November 2009 24