Northern Minerals Limited · ASX:NTU
Northern Minerals — Metal-Pages Conference Beijing September 2011
31 slides from Northern Minerals's conference presentation, Sep 16, 2011
Slide 1: Metal-Pages Conference Presentation, Beijing, September 2011
ASX ANNOUNCEMENT For personal use only 16 September 2011 METAL-PAGES CONFERENCE PRESENTATION BEIJING, SEPTEMBER 2011 XENOTIME A PROVEN SOURCE OF HEAVY RARE EARTHS Please find attached a presentation titled “Xenotime a Proven Source of Rare Heavy Rare Earths” being presented by Managing Director Geor
Slide 2: Xenotime, a proven source of Heavy Rare Earths
For personal use only Xenotime, a proven source of Heavy Rare Earths Metal-Pages Conference September 2011 George Bauk Managing Director ASX: NTU
Slide 3: Important Notice
Important Notice For personal use only This presentation has been prepared by Northern Minerals Limited (“Northern ( Northern Minerals” Minerals or the “Company”) Company ). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an indu
Slide 4: Rare Earth Project Overview
Rare Earth Project Overview For personal use only High value, Heavy Rare Earth Elements Xenotime mineralisation – rich in yttrium (60-65%) and dysprosium (8-12%) Quality metallurgy – >40% concentrate via simple processing; crush, grind, magnetic separation and flotation Drilling ongoing – confirms H
Slide 5: Focused on our HREE projects
Focused on our HREE projects For personal use only
Slide 6: Capital Structure
Capital Structure For personal use only ASX Codes NTU 12 Month Share Price NTU Ordinary Shares 174.9m* Listed Options NTUOA $0 20 expires $0.20 i 30 S Septt 2012 86 8.6m NTUOB $0.15 expires 31 Mar 2012 12.4m Unlisted Options Various prices and expiry dates 8.3m Trading Summary Major Shareholders Mar
Slide 7: Board & Management
Board & Management For personal use only George Bauk Adrian Griffin Kevin Schultz Dudley Kingsnorth Colin McCavana Managing Director Non Executive Director Non Executive Non Executive Director Non Executive Director Ch i Chairman - 20 years mining - Specialising in mine - 20+ years - Former Managing
Slide 8: What is Xenotime
What is Xenotime For personal use only Xenotime (YPO ( 4) is a rare earth phosphate mineral rich in yttrium (60- 65%) and dysprosium (8-12%) A rare earth th phosphate h h t off llow radioactivity A proven source of HREE’s HREE s for 50 years Similar mineral to monazite but much lower radioactivity X
Slide 9: Processing Xenotime
Processing Xenotime Metallurgical beneficiation studies For personal use only Nagrom Conceptual Flow Sheet completed by NAGROM with surface rock chip samples from Grizzly Primary Crush Rod Mill/ Ball Mill KEY Crushing/Grinding g g Wolverine, Gambit and Area 5 +0.8mm Magnetic Separation North Primary
Slide 10: Browns Range HREE Distribution
Browns Range – HREE Distribution For personal use only Browns Range Mt Weld (Lynas Corp) **By Volume *By Volume Cerium 46.74% Yttrium 62.15% Neodymium 18.50% Other 44.00% 00% Light 5.24% SSamarium i Praseodymium 1.71% Samarium5.32% Lanthanum Ytterbium Gadolinium 25.50% Europium 2.27% Terbium 5.34% E
Slide 11: John Galt HREE Distribution
John Galt – HREE Distribution For personal use only John Galt Mt Weld (Lynas Corp) *By Volume **By Volume Yttrium Cerium 66.77% 46.74% 46 74% Neodymium Other 18.50% 3.12% Light 0.46% Samarium 1.25% Europium 0.40% Gadolinium Praseodymium 4.57% Terbium Samarium5.32% Lanthanum 1.18% Europium 2.27% 25.5
Slide 12: Project
Browns Range Project For personal use only Drill Rig at Area 5 North in July 2011
Slide 13: Project
Browns Range Project For personal use only Northern Minerals 100% ownership and marketing rights Significant new HREE discoveries in 2009 Focus to date on the Western Australian tenements in a focussed 5km2 area, awaiting Northern Territory approval to begin exploration in the eastern portion of Bro
Slide 14: Project History
Browns Range Project History For personal use only 1980’s - Xenotime identified at Area 5 by PNC Exploration 2009 - HREE mineralised rock chip samples taken at Gambit prospect 2010 - Rock chip and soil sampling identified Wolverine and Area 5 North prospects and enhanced Gambit prospect - Metallurgi
Slide 15: 2011 – Area 5 and Area 5 North
Browns Range 2011 – Area 5 + Area 5 North For personal use only Extensive (1km x 0.5km) soil geochemical anomaly identified 50 RC drillholes completed l t d tto date d t in i 2011 – 37 at Area 5 North, 13 at Area 5 First assay results at Area 5 North include 12m @ 1.73% TREO including 5m @ 3.49% TRE
Slide 16: 2011 - Gambit
Browns Range 2011 - Gambit For personal use only NMBRRC048 NMBRRC057 NMBRRC046 3m@1.54% 18m@1.19% 11m@1.07% NMBRRC051 7m@1.61% NMBRRC045 NMBRRC055 NMBRRC071 9m@1 68% 9m@1.68% 11m@2 07% 11m@2.07% 6m@0 96% 6m@0.96% Area of Drilling (400m) Area of Drilling
Slide 17: 2011 – Gambit
Browns Range 2011 – Gambit For personal use only Extensive soil geochemical anomaly – over 2km in length First drilling commenced in Julyy 2011 57 RC drill holes completed to date – partially tested an area approximately 600m x 200m
Slide 18: 2011 – Gambit
Browns Range 2011 – Gambit For personal use only
Slide 19: 2011 - Gambit Cross Section
Browns Range 2011 - Gambit Cross Section For personal use only Significant Si ifi t REO mineralisation (>0.2% TREO) intersected on all drill traverses across 600m zone Xenotime mineralisation in quartz veined, silicified and/or hematitic arkoses Structurally controlled hydrothermal mineralisation Mu
Slide 20: 2011 - Wolverine
Browns Range 2011 - Wolverine For personal use only Discovery Outcrop at Wolverine
Slide 21: 2011 - Wolverine
Browns Range 2011 - Wolverine For personal use only Soil geochemical anomaly coincident with fault breccia structure 33 RC drill holes completed to date – east- west trending mineralised zone encountered on western end of geochemical anomaly Significant g widths ((up p to 40m) of REE mineralisation
Slide 22: 2011 - Regional
Browns Range 2011 - Regional For personal use only Browns Range Dome (BRD) - Possible new HREE province (unexplored for REE in NT) Palaeoproterozoic granitoid intruded into Browns Range metasediments t di t Total Northern Mi Minerals l llandholding dh ldi iin BRD area 1700km2
Slide 23: Work Program
Browns Range – Work Program For personal use only High g resolution eso ut o aairborne bo e magnetics and ag et cs a d radiometric survey – completed RC Drilling gpprogram g 10,000m at Area 5/Area 5 North and Gambit/Wolverine targets – ongoing On-going metallurgical studies of mineralisation from th
Slide 24: John Galt Project
John Galt Project For personal use only Aerial Photo of John Galt Prospect looking West - May 2011
Slide 25: John Galt Project
John Galt Project For personal use only Northern Minerals has option ti to t acquire i 100% off the project, secured in June 2010 Exciting REE prospect, tenement granted December 2010 Regional proximity to the Browns Range HREE Project Similar geology – high value HREE in xenotime mineralisation Det
Slide 26: John Galt – Historical Exploration
John Galt – Historical Exploration For personal use only Xenotime-hosted mineralisation at three different zones Rock chip assays up to 53.5% TREO At Gadolin prospect three radiometricallyy anomalous zones extend over 360m alongg a N-S trending g fault, with rock chip assays up to 17.6% TREO
Slide 27: John Galt – Historical Drilling
John Galt – Historical Drilling For personal use only Fan of nine diamond drill holes for 503m from two drill sites Every drill hole intercepted at least one mineralised zone Best intercepts: – 9.80m @ 1.58% TREO – 3.48m @ 3.48% TREO – 2.05m @ 5.98% TREO Not all downhole radiometric anomalous zones
Slide 28: John Galt - Work Program
John Galt - Work Program For personal use only High resolution airborne magnetics and radiometric survey – completed Reconnaissance g geological g investigations g – completed p Aboriginal Heritage Survey – Q3/4 2011 Detailed structural mapping and systematic program of rock chip and soil sampling –
Slide 29: 2011 – The Year Ahead
2011 – The Year Ahead For personal use only Schedule of Exploration Program QTR 1 QTR 2 QTR 3 QTR 4 Rebranded to Northern Minerals Browns Range geophysics John Galt geophysics REE drilling at Browns Range Fi li NT tenements Finalise t t with ith T/O T/Os Regional Browns Range HREE exploration
Slide 30: Value Proposition
Value Proposition For personal use only High value, Heavy Rare Earth Elements Xenotime mineralisation – amenable to processing Metallurgy >40% concentrate grade Drilling underway - first results from Area 5 North of 12m @ 1.73% TREO backed up with 11m @ 2.07% TREO from Gambit Hit significant mineral
Slide 31: For more information
For more information For personal use only George Bauk Managing Director Suite 10, Level 2 12-14 Thelma Street West Perth WA 6005 T: +61 8 9481 2344 info@northernminerals.com.au www.northernminerals.com.au th i l
Northern Minerals — Metal-Pages Conference Beijing September 2011 on 6ix