Reward Minerals Ltd · ASX:RWD
Reward Minerals — Shareholder Meeting (May 2009)
20 slides from Reward Minerals's shareholder meeting presentation, May 27, 2009
Slide 1: Reward Minerals Limited – Company Update May 2009
For personal use only REWARD MINERALS LIMITED Australia’s potash company Company Update May 2009
Slide 2: Disclaimer
DISCLAIMER For personal use only This Presentation is provided on the basis that neither the Company nor its respective officers, shareholders, related bodies corporate, partners, affiliates, employees, representatives and advisers make any representation or warranty (express or implied) as to the a
Slide 3: Company Highlights
COMPANY HIGHLIGHTS For personal use only National Native Title Tribunal decision imminent for Lake Disappointment. JORC resource of over 24 million tonnes of potassium sulphate (SOP). Proven technology – low technical risk. No other potash producers in Australia. Potash prices remaining bu
Slide 4: Snapshot
SNAPSHOT Share Capital For personal use only Directors Geoffrey E Lambert Ordinary Fully Paid Shares on Issue 63,002,843 MEc, FAICD, FinSIA Options - $0.1508 expiring 30/06/09 5,015,310 (Chairman) Current Share Price $0.68 Dr Michael Ruane PhD MRACI (Closing price 21 May 2009) (Executive Director) M
Slide 5: Overview of Potash
OVERVIEW OF POTASH For personal use only Potash is a generic term for various potassium salts. Used primarily as an agricultural fertiliser. Increases yields, water retention and disease resistance. Potassium (K) is one of three primary nutrients for plants. Potash has no substitute as a pla
Slide 6: Reward's Potash Projects
REWARD’S POTASH PROJECTS For personal use only
Slide 7: Lake Disappointment
LAKE DISAPPOINTMENT For personal use only REWARD’s KEY PROJECT…… AUSTRALIA’S ONLY DEFINED POTASH RESOURCE 24-27 mt K2SO4 JORC compliant. Located in the Gibson desert, Western Australia. Internal drainage. Greater than 4m per annum evaporation. Less than 200mm per annum rainfall. 300km fr
Slide 8: Lake Disappointment – Project Summary
LAKE DISAPPOINTMENT For personal use only Project summary: Brine collected via lakebed trenches. Solar evaporation of brines to precipitate the salts. Flotation process to refine the potash. Transported to market. Total project cost – approximately $120 million. Pilot ponds construction concom
Slide 9: Mg – K2 – SO4 System at 25oC
Mg – K2 – SO4 System at 25oC (All points saturated with NaCl) For personal use only Bischofite Mg Carnallite MgCl2 - 6H2O KClMgCl2 - 6H2O Kieserite MgSO4 - 6H2O MgSO4 - H2O Kainite MgSO4 - 7H2O MgSO4KCl - 3H2O Sea Water Leonite Great Salt Lake Brine Mg2SO4K2SO4 - 4H2O Astrakanite Schoenite Na2SO4MgS
Slide 10: Lake Disappointment – Timetable and Next Steps
LAKE DISAPPOINTMENT For personal use only Timetable and next steps – subject to approvals: May/Jun ‘09 - NNTT decision to grant access and mining lease. - Appointment of key personnel. - Initiate environmental studies and mining approvals. Jun/July ’09 - Commence project design and engineering.
Slide 11: Exploration Projects
EXPLORATION PROJECTS For personal use only Concurrent with the development of Lake Disappointment deposit, and exploration at Lake MacKay. Reward will continue its exploration for world class, buried evaporite hosted, potash deposits. The sedimentary basins of Australia are geologically similar
Slide 12: Gascoyne Project
GASCOYNE PROJECT For personal use only Located in the Carnarvon Basin in Western Australia. Recent drilling by RWD intersected a substantial evaporite horizon. Great infrastructure. Located less than 50 km’s from the NW highway and the coastline. 15 exploration licenses covering approximatel
Slide 13: Willara Project
WILLARA PROJECT For personal use only Located in the Canning Basin in Western Australia. Six exploration licenses covering approximately 1971 sq km’s. Reward has pegged the most prospective areas. Current activity in the area should facilitate more efficient exploration. Previous explorati
Slide 14: Officer Project
OFFICER PROJECT Located in the Officer Basin in Western Australia. For personal use only Well defined target. Previous seismic surveys have delineated areas of salt uplift. Very large basin with very extensive salt horizons. Potential to host a world class potash deposit. Major salt diapers
Slide 15: Rodinga Project
RODINGA PROJECT For personal use only Located in the Amadeus Basin in the Northern Territory. Well defined target. Previous oil and gas exploration has defined the basin to drilling stage. Great infrastructure. Located close to both road and rail transport routes. 6 granted exploration licen
Slide 16: Jervois Base Metals Project
JERVOIS BASE METALS PROJECT For personal use only Cu-Pb-Zn-Ag mineralisation intersected over 9.5km of strike.
Slide 17: Gabanintha Gold Project
GABANINTHA GOLD PROJECT For personal use only 151,000 tonnes @ 12.1 g/t Au for 59,121 ozs (JORC – Indicated). Large contiguous landholding in the Murchison. Only 45km from Meekatharra, a major mining and pastoral community in Western Australia. Additional resources of 63,000 ozs – within or
Slide 18: Yagahong Development
YAGAHONG DEVELOPMENT For personal use only 151,000 tonnes @ 12.1 g/t Au for 59,121 ozs (JORC – Indicated). Ore shoot illustrated in red, decline in yellow, ore drives in blue and green.
Slide 19: Outlook
12 MONTH OUTLOOK For personal use only NNTT determination on Mining Lease Application over Lake Disappointment. Grant of Mine development and environmental permits. Complete the construction of the access road, airstrip, campsite and pilot pond facilities Establishment of brine supply ditche
Slide 20: For personal use only
For personal use only 159 Stirling Hwy Nedlands WA 6909 Tel: (08) 9386 4699 Fax: (08) 9386 9473 www.rewardminerals.com ASX Code: RWD