Gcm Corp., Ltd. · ASX:GCM
Gcm — Investor Presentation (November 2018)
31 slides from Gcm's investor presentation, Nov 1, 2018
Slide 1: High Grade Nickel-Copper Sulphides Investor Presentation
HIGH GRADE NICKEL-COPPER SULPHIDES INVESTOR PRESENTATION NOVEMBER 2018
Slide 2: Disclaimer
Disclaimer Disclaimer: TopTung Limited has taken all reasonable care in compiling and producing the information contained on this presentation. The Company will not be responsible for any loss or damage arising from the use of the information contained in this presentation. The contents of this pres
Slide 3: Corporate Overview
Corporate Overview CLASS 1 NICKEL-COPPER SULPHIDES
Slide 4: Corporate Team and Key Partnerships
Corporate Team and Key Partnerships Dr Leon Pretorius – Executive Chairman BSc (Hons) MSc PhD FAusIMM (CP) MAIG PrNatSci Dr Pretorius is a Geochemist with 47 years international mineral and mining experience. Since settling in Brisbane in 1978 he has worked on varied commodities with discovery succe
Slide 5: Corporate Team and Key Partnerships
Corporate Team and Key Partnerships Charles Thomas – Non Executive Director Mr Charles Thomas is an Executive Director and Founding Partner of GTT Ventures a leading boutique corporate advisory firm based in Australia. Mr Thomas holds a Bachelor of Commerce from UWA majoring in Corporate Finance. Mr
Slide 6: Investment Overview
Investment Overview TopTung Ltd Corporate Overview Cash at Bank ~$3,750,000 Dr Leon Pretorius (Chairman) - 6.76% GTT Global - 5.52% Hustler Investments - 4.83% Major and Significant Shareholders Southern Reaches - 4.61% Kitara Investments Pty Ltd - 2.28% Steven Scott Day - 2.28% Mounts Bay Investmen
Slide 7: Project Overview
Project Overview CLASS 1 NICKEL-COPPER SULPHIDES
Slide 8: The Right Type of Nickel: Nickel Sulphides
The Right Space, At The Right Time, With The Right Type of Nickel…. Nickel Sulphides Canada hosts more Nickel Sulphides deposits than anywhere in the world. Only Class 1 Nickel is suitable for the battery market, Class 1 Nickel is dominantly & preferentially derived from Sulphides. Expectation
Slide 9: Belleterre-Angliers Greenstone Belt (BAGB)
Belleterre-Angliers Greenstone Belt (BAGB) TopTung Ltd is a Nickel-Copper Sulphide focused explorer with three highly prospective project areas within the mining friendly jurisdiction of Quebec, Canada. 24 EM targets have been identified by Falconbridge in a 2001 program targeting multiple shall
Slide 10: Drill Proven Nickel-Copper Sulphides
1 Drill Proven Nickel-Copper Sulphides Broad Intersects 26.50m @ 3.05% NiEq, 1.37g/t Pd & 0.09% Co from 36.80m (Hole BT-01-19) Including 22.20m @ 1.88% Ni, 2.04% Cu, 1.47g/t Pd and 0.10% Co from 36.80m 48.05m @ 3.05% NiEq and 0.09% Co from 54.25m (Hole BT-01-32) Including 13.1m @ 1.59% Ni, 1
Slide 11: 2018 Drill Program
2018 DRILL PROGRAM Maiden Drill Program The company completed its maiden drill programme totalling 801m over 9 holes within 10 days at Alotta. The programme successfully intersected significant zones of mineralisation in all 9 holes. 8 holes intersected significant zones of massive sulphides.
Slide 12: Massive Sulphides
Massive Sulphides (Assays Pending) Massive Fine Pentlandite Crystals in Grained Pentlandite Pyrrhotite Matrix & Pyrrhotite Hole ZA-18-01 Hole ZA-18-08 Hole ZA-18-04 Hole ZA-18-05
Slide 13: TopTung's Unique Opportunity
TopTung’s Unique Opportunity Substantial Depletion of Nickel Sulphide Resources Globally Extensive mining of Nickel Sulphide deposits has meant that large scale high grade deposits of this type are being depleted at a faster rate than discovery. In terms of production Class 1 Nickel has preferential
Slide 14: Canada – Tier 1 Mining Jurisdiction
Canada – Tier 1 Mining Jurisdiction Processing Facilities Quebec Numerous Nickel, Copper, PGE and Cobalt Ranked 6th in the global Fraser Institute processing facilities with toll milling capacity. investment attractiveness rankings. Abitibi Greenstone Belt 50 km North of TopTung’s properties.
Slide 15: Significant Drill Intercepts
Significant Drill Intercepts Hole No. From (m) To (m) Interval (m) NiEq%1 Ni% Cu% Pt g/t Pd g/t Co% BT-01-05 50.00 75.00 25.00 1.42 0.78 0.97 0.16 0.70 0.04 inc 50.75 60.42 9.67 2.68 1.61 1.71 0.29 1.35 0.07 BT-01-07 53.40 78.00 24.60 2.44 1.46 1.57 0.29 1.21 0.06 inc 53.40 66.50 13.10 3.19 1.89 2.2
Slide 16: ASX Nickel Sulphide Juniors Comparison Table
ASX Nickel Sulphide Juniors Comparison Table $120,000,000 Limited Exposure To High Grade Nickel-Copper Sulphide Plays On The ASX $100,000,000 MARKET CAPITALISATION $80,000,000 $70,000,000 $60,000,000 TopTung offers attractive $50,000,000 investment potential as its valuation catches up to its peers
Slide 17: Project Areas & Technical Work
Project Areas & Technical Work CLASS 1 NICKEL-COPPER SULPHIDES
Slide 18: Recent Technical Work – 3D Inversion
Recent Technical Work – 3D Inversion 1 1 ASX:TTW announcement – 3 Oct 2018
Slide 19: Project Areas
Project Areas The Company owns 100% exploration rights over three project areas covering 63.5km² within the Belleterre-Angliers Greenstone Belt in Quebec, Canada. The project areas include: Baby Projects - Alotta/Delphi/Patry/Zullo Laverlochere Project - Laverlochere Lac Des Bois Project - Lorraine
Slide 20: Alotta Project Technical Work
Alotta Project Technical Work Mineralisation controlling structures 6.5km of faulting intersecting gabbro across all projects Historic Drill Holes Midrim Multiple high resolution airborne magnetic surveys completed Numerous shallow magnetic anomalies identified along strike of known mineralisati
Slide 21: Delphi/Patry/Zullo Technical Work
Delphi/Patry/Zullo Technical Work Historic Drill Holes Mineralisation controlling structures 6.5km of faulting intersecting gabbro across all projects DELPHI-PATRY-ZULLO DRILL HOLE LOCATIONS Highlights Include 1.45m @ 6.2% Ni, 2.91% Cu, 0.10 Co - BT-01-36 19m @ 1.38% Ni-Cu - BT-01-40 At Patry
Slide 22: Lorraine Project Area
Lorraine Project Area Hosts the historical Lorraine Nickel-Copper Sulphide mine that produced 14.28 million pounds of Copper and 6.34 million pounds of Nickel @ 1.57% Cu, 0.62% Ni - producing AUD $100,000,000 of ore in less than 24months, from a 600kt Gabro Sill. Project located within the south
Slide 23: Nickel Market
Nickel Market CLASS 1 NICKEL-COPPER SULPHIDES
Slide 24: Nickel Sulphides Vs Nickel Laterites
Nickel Sulphides Vs Nickel Laterites The majority of commercial Nickel mining is focused on 2 types of ore, generally classed as: Sulphides – Class 1 Laterites – Class 2 Only Class 1 Nickel is suitable for battery manufacturing because of its high purity and dissolvability. Laterite ores have a
Slide 25: Nickel Sulphides Vs Nickel Laterites
Nickel Sulphides Vs Nickel Laterites Laterite-derived Nickel is not only more costly than Sulphides, but it also brings a suite of additional environmental concerns since the intensive processing uses more energy, pollutes more water and has a greater negative impact on biodiversity. As shown in Fig
Slide 26: Nickel Sulphides Enormous Battery Market Potential
Nickel Sulphides Enormous Battery Market Potential Nickel Sulphide is the Major Source for Battery Cathodes Due to its Ease of Processing Refinery Sulphide Ore Smelter Concentrate Ni Metal 40% Matte Ni Sulphate Ni Metal HPAL Ni 10% Chemicals Ni Pig Iron Laterite Ore 30% 60% Ferro Ni 20%
Slide 27: Nickel Market Drivers and The Boom That Lies Ahead
Nickel Market Drivers and The Boom That Lies Ahead A Strong Supply vs Demand Story Unfolding LME warehouse levels only quote Class 1 Nickel (Figure 2). LME warehouse levels are being depleted at a rapid rate, Class 1 Nickel was in deficit of ~100’000 tones in 2017 and the deficit is growing rapi
Slide 28: Class 1 Nickel Testimonials
Class 1 Nickel Testimonials UBS - Reported that nickel was its “preferred play” in the next 12 months due to its uptake in electric vehicles, with demand “rapidly rising”. “The projected growth in EV battery demand has electrified the Nickel price, which in turn is sparking a revival in the prod
Slide 29: Why Nickel Dominated Batteries?
Why Nickel Dominated Batteries? The top two reasons consumers cited for not buying an EV are the price and the driving range, Nickel rich batteries increase the driving range and lower the cost of the battery making EVs more affordable, and helping EVs to become more competitive for mass adoption.
Slide 30: Battery Chemistries
Battery Chemistries The 2 most common battery chemistries deployed in EV’s are: NCA (Nickel-Cobalt-Aluminium) NMC (Nickel-Manganese-Cobalt) NCA Batteries –Are a Nickel dominated battery with 80% Ni, 15% Co & 5% Al (Currently deployed in Tesla’s) NMC Batteries – Which take 4 main forms: NMC 1
Slide 31: Contact
Contact Marnus Bothma 0404 198 749 marnus@toptung.com.au Or Martin Kavanagh 0419 429 974 martin@toptung.com.au