Vrx Silica Ltd. · ASX:VRX
Vrx Silica — Ventnor Resources — Brisbane Resources Round-up (October 2018)
27 slides from Vrx Silica's conference presentation, Oct 17, 2018
Slide 1: WA Silica Sand Projects
Ventnor Resources Limited WA Silica Sand Projects October 2018
Slide 2: Disclaimer
Disclaimer • This document has been prepared by Ventnor Resources Limited (VRX). The information contained in this document is for information purposes only and has been prepared for use in conjunction with a verbal presentation and should be read in that context. • The information contained in this
Slide 3: The world is facing a global sand crisis
The world is facing a global sand crisis 3
Slide 4: Silica Sand Use
Silica Sand Use Construction Sand Concrete Glassmaking Float, Containers, Architectural, Thin Film Metal Casting/Foundry Automobile parts Oil/Gas Well Stimulation Frac sand/proppant Metallurgical Ferrous and Non-ferrous Alloys Paint and Coatings Brightness and durability Chemical Production Sodium s
Slide 5: Silica Sand Markets
Silica Sand Markets Priority for Marketing Construction Silica sand for Foundry sand Frac sand sand glassmaking proppant 5
Slide 6: Market Outlook
Market Outlook Estimated demand for silica sand for glassmaking by region: Region % of Global demand Asia Pacific 47% North America 20% Western Europe 16% Eastern Europe 8% Africa/Middle East 5% Central and South America 4% Source: Freedonia 6
Slide 7: Market Outlook
Market Outlook Asian glass making production increasing 5-6% per year Use Spec Market in Asia Float (Plate) Glass 99.5% SiO2 60-65 Mt Container Glass 99.5% SiO2 70-75 Mt Cover Glass (Solar Panels) 99.95% SiO2 Low Fe 5-6 Mt Smart Glass (Ultra Clear) 99.97% SiO2 Low Fe 1-2 Mt Specialist Glass (Thin Sc
Slide 8: Identify and delineate large scale silica sand resources close to infrastructure
Identify and delineate large scale Ventnor’s silica sand resources close to infrastructure silica sand Develop plans for the mining strategy and export of high quality silica sand Explore opportunities for further processing to value-add 8
Slide 9: Setting
Setting VIEL Ventnor Resources Limited __Laterte| Ocean Coastal Marine Dunes High CaO Darling Scarp Pleistocene Aeolian Silica Sand Dune fe — le => 12 Granite SP MS = Is Wetlands/Rivers “—@ Deposits Swamp/Salt Lake | Water Table_______. Silica Sand Pleistocene Limestone Projects Ventnor Resources Li
Slide 10: WA Silica Sand Projects
Ventnor Resources Limited WA Silica Sand Projects ) ' a | -30° 500 kilometres | -35° 10
Slide 11: Arrowsmith
Arrowsmith • 270km nth of Perth • South of Dongara with rail connections to Geraldton Port • Very large-scale potential • Preliminary testwork confirms glass-making quality (+99.5% SiO2) • Low capital intensity and low environmental impact mining propositions 11
Slide 12: Arrowsmith North Inferred Resource 193.6 million tonnes @ 98% SiO2
Arrowsmith North Inferred Resource 193.6 million tonnes @ 98% SiO2* Classification Domain Million Tonnes SiO2% Al2O3% Fe 2O3% TiO2% LOI% Yellow Sand 149.4 97.7 1.1 0.4 0.2 0.5 Inferred White Sand 44.2 99.1 0.3 0.1 0.2 0.2 All Sand 193.6 98 0.9 0.3 0.2 0.4 *Note: Interpreted mineralisation is domaine
Slide 13: Arrowsmith North Upgrade
Arrowsmith North Upgrade VIL Ventnor Resources Limited Arrowsmith Silica Sand Project - "Cream Sand" Size by Analysis Data 6.0 + + 100 I i 4 Target sizing h 98 0.212mm to 1.0mm | 48 1 96 I i ” i 2 42 | 4 o— | 2 ES 36 1 2 = 2s 1 © o 1 2 9 30 | so xe} g H = a ' © 2g 24 t 38 @ & H a o ' 2 a 18 1 36 ~ .
Slide 14: Arrowsmith North Upgrade
Arrowsmith North Upgrade VIL Ventnor Resources Limited Arrowsmith Silica Sand Project - "Yellow Sand" Size by Analysis Data 70 100 I t I t 83 | Target sizing n 98 | 0.212mm to 1.0mm | 56 96 1 t —_ 1 ' = =a 1 1 gs { | 4 o 1 1 c 6 I ' 4 42 t 1 92 35 | 5 6 2. oo “4 H 1 & gg S — 28 t 1 88 n — 1 fl a 3a
Slide 15: Geraldton Port
VIEL Ventnor Resources Limited Geraldton Port 15
Slide 16: Muchea
Muchea • Significant high grade Silica Sand deposit • 50 km nth of Perth • 14 km nth of Muchea • Transport logistics - rail products to Kwinana Port for export • Adjacent to Brand Highway • Granted tenure 100% VRX 16
Slide 17: Muchea Exploration Target
Muchea Exploration Target Exploration Target 170-275Mt @ 98-99.5% SiO2 * Tonnes (Mt) Grade SiO2 Area Low High Low High Aircore Drilling Area 70 125 98% 99.5% Auger Drilling Area 100 150 98% 99.5% Total 170 275 98% 99.5% *The potential quality and grade of the Muchea Exploration Target is conceptual
Slide 18: Muchea Exploration Target
Muchea Exploration Target Aircore Drill Area Exploration Auger Area Exploration Target Target • 37 aircore drill holes • 50 auger holes • Exploration Target area 835 ha • Exploration Target area 1,800 ha • 1.6t/m3 in situ bulk density • 1.6t/m3 in situ bulk density (meas) • Between 80% and 100% of a
Slide 19: Muchea
Muchea • Muchea is potentially a world class high- grade silica sand deposit • With an unusually high grade feed stock simple processing can provide almost any required grade product 19
Slide 20: Muchea
Muchea • Due diligence drilling indicated high-grade SiO2 (+99.7% Avg) • Preliminary testwork indicates processing can upgrade sand to specialised glass quality • Current logistics under-utilised with significant interest from operators 20
Slide 21: Proposed Exploration Program
Proposed Exploration Program Drilling using 4WD-mounted AC rig and hand held auger 21
Slide 22: Proposed Exploration Program
Proposed Exploration Program • Exploration to date is adequate for Inferred Resources following QA/QC review • All exploration above the water table • Closer spaced drilling required for an Indicated Resource planned for January 2019 • Very low cost shallow drilling (10-15m) in free running sand • S
Slide 23: Development Program
Development Program • First Pass drilling by AC and hand auger completed on all projects • Third iteration bulk testwork will determine potential products and required processing equipment • Testwork will also produce final quality samples to send to potential importers in Japan, China, India, Vietn
Slide 24: Processing
Processing Established processing techniques (no chemicals, no dust) 24
Slide 25: Corporate & Capital Summary
Corporate & Capital Summary Share Code (ASX) VRX Shares Shares on Is s ue 364.7 m Options is s ued 46.25 m ASX 52 week high/low $0.18/$0.009 Cas h $1.7 m Debt Nil Market Capitalis ation $47 m Directors Paul Boyatzis Non-Executive Chairman Bruce Maluish Managing Director Peter Pawlowitsch Non-Executi
Slide 26: Investment Considerations
Investment Considerations EMERGING IDEALLY PLACED OUTSTANDING TO CAPITALISE AUSTRALIAN PROJECT ON ROBUST STRATEGIC ECONOMICS MARKET SILICA SAND AND LOGISTICS OUTLOOK AND PRODUCER DEMAND POTENTIAL RAPID PATHWAY LARGE SAND TO FINANCING RESOURCES AND AND PRODUCTION PRODUCTION OTHER PROSPECTS UNDER INVE
Slide 27: Competent Person’s Statement
Competent Person’s Statement The information in this document that relates to Arrowsmith Exploration Results is based on data collected under the supervision of Mr David Reid, in his capacity as Exploration Manager for Ventnor. Mr Reid, BSc (Geology), is a registered member of the Australian Institu
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