Boab Metals Ltd · ASX:BML
Boab Metals — Pacifico Minerals — Investor Presentation (June 2020)
21 slides from Boab Metals's investor presentation, June 2020
Slide 1: Company Presentation – June 2020
Advancing an Exciting Near Surface Lead-Silver-Zinc Project in Western Australia. Company Presentation – June 2020 PACIFICO MINERALS LIMITED ASX:PMY
Slide 2: Disclaimer
DISCLAIMER Forward-Looking Statements Certain statements in the presentation are or may be “forward-looking statements” and represent the Company’s intentions, projections, expectations or beliefs concerning, among other things, future operating and exploration results or the Company’s future perfor
Slide 3: Corporate Snapshot (5 June 2020)
CORPORATE SNAPSHOT (5 JUNE 2020) SHARE PRICE Company Highlights 12-Month Share Price Performance A$ 0.007 60 $0.012 ✓ ASX-listed base metal explorer and developer. Trading Volume ISSUED SHARES Share Price 2,890 M ✓ Experienced Board and Management with a proven 40 $0.008 Trading Volume (millions) Sh
Slide 4: The Case for Lead
THE CASE FOR LEAD Lead Batteries Support Clean Energy Transition Supply and Demand • Lead batteries are a key element in the transition to a low carbon economy, with • Lead batteries provide 75% of worldwide rechargeable energy storage2. unrivalled sustainability credentials2. • Predicted growth in
Slide 5: Sorby Hills Lead-Silver-Zinc Project
SORBY HILLS LEAD-SILVER-ZINC PROJECT Western Australia PACIFICO MINERALS LIMITED ASX:PMY
Slide 6: Project Highlights
PROJECT HIGHLIGHTS Reaching key investment catalysts with Optimised PFS and Ore Reserve planned for completion in July 2020. ✓ Partnered with lead and silver heavyweight to develop the ✓ Compelling economics including modest CAPEX, fast Project (Pacifico 75%, Henan Yuguang 25% contributing). payback
Slide 7: Project Overview
PROJECT OVERVIEW Approvals • Granted mining tenements. • Ministerial and WA Environmental Protection Authority (‘EPA’) approval for an open pit mine and infrastructure. • Pre-native title tenements. Location and Infrastructure • ~50km north-east from the regional centre of Kununurra, Western Austral
Slide 8: Mineral Resource Estimate
MINERAL RESOURCE ESTIMATE Resource Growth Since Oct. 2018 Acquisition (Pb Eq. Only at 1.0% Cut Off) 1 • Global Resource of 44.1 Mt @ 4.5% Pb equivalent1 (3.3% Pb, 38g/t Ag) and 0.5% Zn from 20 m below surface and open along strike and down dip2. 2000 Inferred Measured & Indicated • Resource size and
Slide 9: Pre-Feasibility Study (PFS) Highlights
PRE-FEASIBILITY STUDY (‘PFS’) HIGHLIGHTS March 2019 PFS Highly Robust Financials 8 Year Initial Mine Life CAPEX A$95.4M NPV8 A$243M IRR 62% Optimised PFS – Completion July 2020 Principal consultants DRA Global (engineering) and Entech (mining). Recent Resource upgrade has materially derisked the pro
Slide 10: Mining, Metallurgy, and Processing
MINING, METALLURGY, AND PROCESSING Open pit mining, high recoveries and simple processing to produce high quality concentrate. Mining Metallurgy Processing • Initial 8-year production from shallow to • Optimised PFS testwork confirmed average metal • Single stage SAG mill selected for direct flotati
Slide 11: Drilling Success
DRILLING SUCCESS Pacifico’s drilling has materially increased confidence in ore body geometry, grade, and continuity, resulting in the Omega and Norton deposits with a combined strike length of over 4 km. Noteworthy Expansion and Infill Drilling Intercepts • 22.0m at 8.8% Pb, 52g/t Ag, 0.3% Zn • 23.
Slide 12: Exploration Upside and Next Steps
EXPLORATION UPSIDE AND NEXT STEPS Exploration Upside • Gravity provides the best vectors and has identified several high priority targets for extensions of mineralisation. Mineralisation correlates with the transition from linear gravity lows to gravity highs. • Pacifico holds all unrestricted explo
Slide 13: Project Development Strategy and Key Takeaways
PROJECT DEVELOPMENT STRATEGY AND KEY TAKEAWAYS On track to become a significant lead-silver-zinc producer in Western Australia. CY2020 CY2021 Q1 Q2 Q3 Q4 Q1 Q2 Optimised PFS Ore Reserve Estimate DFS and Expansion Drilling Definitive Feasibility Study Financing and Offtake Process Decision to Mine Ke
Slide 14: Contact Us
Simon Noon – Managing Director L1, 105 St Georges Tce, Perth WA 6000 61 8 6268 0449 CONTACT US info@pacificominerals.com.au www.pacificominerals.com.au Research Coverage by Andrew Clayton from Euroz PACIFICO MINERALS LIMITED ASX:PMY
Slide 15: Appendices
APPENDICES A-F PACIFICO MINERALS LIMITED ASX:PMY
Slide 16: Board and Management
BOARD AND MANAGEMENT Experienced Board and Management with a proven track record in exploration and development. GARY COMB Simon Noon Richard Monti Andrew Parker Chairman Managing Director and CEO Non-Exec. Director Non-Exec. Director Engineer with over 30 years’ Experienced executive with a strong
Slide 17: Resource Estimate at Selected Cut Off Grades
RESOURCE ESTIMATE AT SELECTED CUT OFF GRADES Cut-Off Grade Pb% JORC Classification Tonnes (Mt) Pb % Zn % Ag g/t Measured 7.1 4.3 0.4 57 Indicated 13.7 3.3 0.4 31 1.0 Inferred 23.4 3.0 .5 36 Total 44.1 3.3 .5 38 Measured 6.9 4.4 .4 58 Indicated 12.7 3.4 .4 32 1.5 Inferred 19.8 3.3 .5 38 Total 39.3 3.
Slide 18: Equivalent Calculation
EQUIVALENT CALCULATION The contained metal equivalence formula is based on the published London Metal Exchange closing metal prices of 29 May 2020. • Lead Price US$ 1,615.50/t; • Silver Price US$ 17.87/oz; • Lead recovery of 93.5% (weighted average of oxide/transition and fresh recoveries); and • Si
Slide 19: Capital Investment and Operating Costs
CAPITAL INVESTMENT AND OPERATING COSTS Sorby Hills Lead-Silver-Zinc Project March 2019 PFS PRE-PRODUCTION CAPITAL EXPENDITURE (A$M) OPERATING COST ESTIMATES On-site Capital Expenditure 52 A$/lb US$/lb EPCM 8 Mining 0.31 0.22 Owner’s Project Costs 10 Processing 0.11 0.07 Mining (inc. de-watering, pre
Slide 20: Lead Market Opportunity – Demand by Application
LEAD MARKET OPPORTUNITY – DEMAND BY APPLICATION • Automotive batteries are the largest sector of demand - accounting for more than 86% of Lead Consumption By Sector refined lead (of which 64% is used in replacement batteries)1.. • Automotive demand expected to boost lead battery production across 20
Slide 21: Non-Core Assets
NON-CORE ASSETS Exploring opportunities to sell or establish Joint Ventures for our non-core assets to realise shareholder value. BORROLOOLA WEST JOINT VENTURE (NORTHERN TERRITORY) • Joint Venture Project in the McArthur Basin with Sandfire Resources NL (PMY 51%, SFR 49%). • Potential for Mt Isa sty
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