Element 25 Limited · ASX:E25
Element 25 — Montezuma Mining Company — Corporate Update (June 2017)
22 slides from Element 25's corporate update, June 2017
Slide 1: Montezuma Mining Company Ltd June 2017 Activities Update
MONTEZUMA MINING COMPANY LTD June 2017 Activities Update Montezuma is a diversified, commodity agnostic exploration company focussed on adding shareholder value through targeted exploration and selected corporate transactions. “TECH METALS” “TRADITIONAL METALS” Strong Sustained Demand Growth Establi
Slide 2: Disclaimer
Disclaimer This presentation contains only a brief overview of Montezuma Mining Company Ltd and its associated entities (“Montezuma") and their respective activities and operations. The contents of this presentation, including matters relating to the geology of Montezuma’s projects, may rely on vari
Slide 3: Corporate Overview
CORPORATE OVERVIEW Tight Capital Structure Strong Balance Sheet § Board of Directors § Market Data § Seamus Cornelius Chairman § ASX Ticker: MZM § Justin Brown Executive Director § Shares on Issue: 83.5M § John Ribbons Director § Share Price: $0.15 § Market Cap: $12.5M § Management § Cash: ~$4.3M §
Slide 4: Tech Metal Supercycle?
TECH METAL SUPERCYCLE? Strong Forecast Li-Ion Market Growth beyond 2025 Will Drive Demand Growth for “Tech Metals”: Li, Mn, Co and Ni1,2 § Deutsche Bank forecasts predict over 15 million electric vehicles on roads by 2025. § Non EV Li-Ion battery demand to also grow strongly for an extended period.
Slide 5: Montezuma Tech Metals Portfolio: Targeting Key Battery Inputs
MONTEZUMA “TECH METALS” PORTFOLIO Targeting Key Battery Inputs § Butcherbird Manganese Deposit: § Australia’s largest onshore manganese deposit. § Resource to date of >170 Mt of manganese ore1. § Excellent local infrastructure. BUTCHERBIRD MANGANESE DEPOSIT § Pinnacles Cobalt Deposit: § Extensive dr
Slide 6: Butcherbird Manganese Deposit
BUTCHERBIRD MANGANESE DEPOSIT § Dual strategy: § Produce manganese oxide concentrate for use in steel making. MANGANESE ORE IN OUTCROP § Produce high value Electrolytic Manganese Dioxide (“EMD”) for use in battery cathode manufacture. § EMD is a critical, high value component of alkaline and Li-ion
Slide 7: Australia's Largest Onshore Manganese Resource
BUTCHERBIRD MANGANESE DEPOSIT Australia’s Largest Onshore Manganese Resource • Inferred Resource Estimates completed for eight deposits. • Significant upside potential to increase the resource with further drilling. • Potential for additional discoveries. Reference: Montezuma Mining Company Ltd ASX
Slide 8: Simple Geology/Favourable Infrastructure
BUTCHERBIRD MANGANESE DEPOSIT Simple Geology/Favourable Infrastructure § Mineralisation starts at surface - low mining cost § Deposit straddles the Great Northern Highway - low infrastructure cost Manganese orebody • Starts at surface § Goldfields Gas Pipeline • Low strip ratio • Low cost mining run
Slide 9: Simple Processing – Stage 1 Process Proven
BUTCHERBIRD MANGANESE DEPOSIT Simple Processing – Stage 1 Process Proven § Supergene partitioning allows for simple, low cost beneficiation to >30% Mn concentrate product with low deleterious elements. § Can be sold as a bulk commodity for use in the steel manufacturing industry. § Provides feedstoc
Slide 10: Secondary Processing – Testing In Progress
BUTCHERBIRD MANGANESE DEPOSIT Secondary Processing – Testing In Progress § CSIRO currently designing a flowsheet to produce high purity, battery grade Electrolytic Manganese Dioxide (“EMD”) and/or Metal (“EMM”). § Programme being co-funded by the Federal Government Department of Industry, Innovation
Slide 11: Pinnacles Cobalt Project
PINNACLES COBALT PROJECT § Multiple deposits drilled out in the late 90’s for nickel laterite. CAROSUE DAM GOLD CAMP (>4Moz) § High grade cobalt mineralisation occurs in association with zones on manganese enrichment. § Cobalt previously seen as a PINNACLES GOLD potential by product of nickel DEPOSI
Slide 12: Cobalt Potential in the Nickel Laterites
PINNACLES COBALT PROJECT Cobalt Potential in the Nickel Laterites § Extensive historic drilling data set currently being compiled. § Results show a flat lying near surface cobalt zone including: § PN44 16m @ 0.27% Co, >1% Ni, 0.58% Mn from 18m § PN100 8m @ 0.29% Co, 0.73%Ni, 2.09% Mn from 10m; inclu
Slide 13: Greenfields Lithium Exploration
LAKE JOHNSTONE LITHIUM PROJECT Greenfields Lithium Exploration n Lake Johnston region developing as a recognised lithium province. n Montezuma’s Lake Johnston Project located along strike from other lithium projects in the region. n First pass target generation has identified significant potential f
Slide 14: Growing Regional Interest
LAKE JOHNSTONE LITHIUM PROJECT Growing Regional Interest n Lake Johnston region is building as a key lithium province. n A number of companies progressing lithium exploration programmes near MZM’s tenure. n Early stage, but potential based on competitors efforts to date. n Very low cost programme re
Slide 15: Looking Forward
MONTEZUMA “TECH METALS” PORTFOLIO Looking Forward § Butcherbird Manganese Deposit -> near term production potential § Complete CSIRO metallurgical test programme. § Subject to positive results, move to feasibility studies and potentially an EMD pilot plant. § Co-funding opportunities available. § Pi
Slide 16: Two Drill-Ready Targets
MONTEZUMA “TRADITIONAL” PORTFOLIO Two Drill-Ready Targets § Holleton Project - Gold § 2km long drill ready auger/aircore anomaly. § Confirmed bedrock gold with strong alteration proven in very limited deeper drilling. § Located in pastoral land with easy access. § Approximately 300km east of Perth.
Slide 17: The Holleton Gold Project – Unfinished Business
THE HOLLETON GOLD PROJECT – UNFINISHED BUSINESS § Acquisition costs: application fees only. § Early work done by Independence Group NL in 2008/09. next slide shows this area in detail § Project contains multiple >100ppb soil anomalies providing a pipeline of priority targets. § “Walk up drill target
Slide 18: Brahma Prospect – Drill Ready
BRAHMA PROSPECT – DRILL READY § Coherent gold in soil anomaly 2.5 km in strike. § Confirmed by aircore drill traverses along the entire strike length. § Only three deeper holes drilled and all three intersected significant gold!
Slide 19: Brahma Prospect – Just Scratching the Surface?
BRAHMA PROSPECT – JUST SCRATCHING THE SURFACE? § Only three holes deeper than 40m – all mineralised!
Slide 20: Pinnacles Nickel Sulphide Potential – Lost in the Laterites?
PINNACLES NICKEL SULPHIDE POTENTIAL – LOST IN THE LATERITES? n Historic drilling includes a nickel sulphide intercept of 2m @ 2.3% Ni, 0.11% Cu, including 1m @ 3.5% Ni, 0.15% Cu in hole PNR266. n Not previously recognised as sulphide. n Ni:Cu:Co ratios as well as down hole MgO and CrO profiles are i
Slide 21: Pinnacles Nickel Sulphide Potential – Drill Ready
PINNACLES NICKEL SULPHIDE POTENTIAL – DRILL READY n Historic drilling provides “a free hit” with near surface sulphide signature. n Plate 1: Sub-vertical, directly beneath interpreted near surface sulphide drill intercept. n Plate 2: North-plunging in interpreted fold nose position. Open to the nort
Slide 22: Competent Person's Statement
COMPETENT PERSON’S STATEMENT Note: The information in this presentation that relates to Exploration Results, and Mineral Resources is based on information compiled by Mr Justin Brown who is a full-time employee of the Company and is a member of the Australasian Institute of Mining and Metallurgy. Ju
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