Sky Metals Limited · ASX:SKY
Sky Metals — Blue Ocean Equities NSW and Qld Mining Day (February 2024)
21 slides from Sky Metals's conference presentation, Feb 5, 2024
Slide 1: Developing Large Scale Tin Deposits in NSW – To Feed Global Electrification
For personal use only DEVELOPING LARGE SCALE TIN DEPOSITS IN NSW – TO FEED GLOBAL ELECTRIFICATION FEBRUARY 2024
Slide 2: Disclaimer - Important Information
ASX: SKY DISCLAI ME R - IMPORTANT INFORMATI ON Disclaimer Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward looking information, including risks a
Slide 3: SKY's Team: Experienced and Proven Management
ASX: SKY SKY’S T E AM EXPERIENCED AND PROVEN MANAGEMENT For personal use only NORMAN SECKOLD | Chairman RICHARD HILL | Non-Executive Director CAPITAL STRUCTURE 30+ years in the full-time management of natural resource 25+ years experience in the mineral resources sector as a Shares on issue 461.4M c
Slide 4: Appendix: Tin Market – Tin: Key Technology Metal
ASX: SKY APPE NDIX : TIN MARKET TIN: KEY TECHNOLOGY METAL For personal use only Supply crunch driven by 30+ year under investment & growing demand for tin primarily within EVs, Renewable Energy and all electronic goods. Demand Increase with Emerging Technologies
Slide 5: Appendix: Tin Market – Tin: The Forgotten Electrification Metal
ASX: SKY APPE NDIX : TIN MARKET TIN: THE FORGOTTEN ELECTRIFICATION METAL For personal use only Inelastic tin price driven by irreplaceable demand in electronics sector 20-year 3M tin price (AUD/tonne) (source: LME).
Slide 6: Tin Market: Global Supply Disruptions
ASX: SKY TIN MARKET Visible Global Tin Stockpiles TIN: THE FORGOTTEN ELECTRIFICATION METAL For personal use only – GLOBAL SUPPLY DISRUPTIONS – Inelastic tin price – driven by irreplaceable demand in electronics sector and global electrification. – Record low stockpiles – US strategic stockpile deple
Slide 7: Bung Tin Project: Major Historic Tin Operation
ASX: SKY TALLEBUNG TIN PROJECT MAJOR HISTORIC TIN OPERATION For personal use only • Tin discovered in the 1890s and mined into the mid-1980s. • Small shafts and open pits mined hardrock tin veins, culminating in large scale alluvial mining production in the 1960s-70s. • Infrastructure already in pla
Slide 8: Large Historic Open Pit Alluvial Mining Operation
ASX: SKY TALLE B UN G TIN PROJECT LARGE HISTORIC OPEN PIT ALLUVIAL MINING OPEATION For personal use only Tallebung Tin Mining Field – Drone Photo looking North. 8
Slide 9: Tallebung Tin Project
ASX: SKY TALLEBUNG TIN PROJECT TALLEBUNG TIN PROJECT For personal use only Low-Cost Mining – Shallow deposit from surface with very low strip ratio. Exceptional Ore Sorting –increases grade >5x and removes 80% of mass as waste. Low-Cost Processing – Simple gravity circuit for a saleable tin concentr
Slide 10: Large Hardrock Tin Resource
ASX: SKY TALLEBUNG TIN PROJECT LARGE HARDROCK TIN RESOURCE For personal use only • Updated Jan 2024 MRE, totals: 15.6 Mt @ 0.15% Tin for 23kt of contained Tin. • New Exploration Target estimate: 23 – 32 Mt @ 0.14 – 0.17% Tin • Tin mineralisation highly amenable to 5x upgrade using TOMRA Ore Sorting
Slide 11: TOMRA – Game Changer
ASX: SKY TALLE B UN G TIN PROJECT Cassiterite Ore from Tallebung – Scale in mm TOMRA – GAME CHANGER For personal use only Black Tin – cassiterite “nuggets” detected by ore sorter and accepted Host rock and quartz vein without tin are rejected by ore sorter • TOMRA Ore Sorting increase grade to quint
Slide 12: TOMRA – Game Changer (video)
ASX: SKY TALLE B UN G TIN PROJECT TOMRA – GAME CHANGER For personal use only 12 Video Courtesy of Carlos Crowley Vazquez, BOEq and TOMRA Ore Sorting Solutions
Slide 13: TOMRA – Proven Technology
ASX: SKY TALLE B UN G TIN PROJECT TOMRA – PROVEN TECHNOLOGY For personal use only • Renison Tin Mine, Australia’s largest operating tin mine, uses TOMRA Ore Sorters. • TOMRA Ore Sorters commissioned 6 years ago in 2018. • Operate 24/7, year-round, sorting 1Mtpa ROM. • Sorting started with rejecting
Slide 14: Exceptional, Consistent TOMRA Ore Sorting Results
ASX: SKY Feed: 0.15% Tin TALLE B UN G TIN PROJECT EXCEPTIONAL, CONSISTENT TOMRA ORE SORTING RESULTS For personal use only • TOMRA Ore Sorting first tested on drill chips: • Upgrading of 0.19% tin to 0.70% tin Rejected Accepted • +96% recovery of tin • 74% mass reduction. Waste: <0.01% Tin Upgraded O
Slide 15: Uniquely Simple Metallurgy – Low-Cost Processing
ASX: SKY TALLE B UN G TIN PROJECT UNIQUELY SIMPLE METALLURGY – For personal use only LOW-COST PROCESSING • Simple, conventional gravity circuit produces a desirable +60% tin concentrate for sale. • Environmentally best practice, no chemicals or water required for TOMRA Sorting. Cassiterite Ore from
Slide 16: Shallow, High-Grade Start Up
ASX: SKY TALLE B UN G TIN PROJECT SHALLOW, HIGH-GRADE START UP For personal use only • Shallow, at surface high-grade tin zone identified for fast payback potential at commencement of mining. • Results within the high-grade zone include: TBD002: 60.2m @ 0.54% Tin from 12.8m. TBD003: 60.55m @ 0.36% T
Slide 17: Large Tin System Expanding
ASX: SKY TALLE B UN G TIN PROJECT LARGE TIN SYSTEM EXPANDING For personal use only • Previous drilling interpreted tin associated with tungsten in the north and with silver in the south. • Recent drilling and rock chip samples have changed this – now two different lode packages are seen in the depos
Slide 18: Upcoming Catalysts
ASX: SKY TALLE B UN G TIN PROJECT UPCOMING CATALYSTS For personal use only MRE Growth: converting +20-30Mt Exploration Target into resources. Drill high-grade tin zones and grow Indicated Resources for Mine Scoping Studies. Bulk sampling across the deposit, growing confidence in low-cost sorting upg
Slide 19: Developing Large Scale Tin Deposits in NSW – To Feed Global Electrification
DEVELOPING LARGE SCALE TIN DEPOSITS IN NSW – For personal use only TO FEED GLOBAL ELECTRIFICATION
Slide 20: Narriah Project – Tin-Tungsten-Lithium
ASX: SKY NARRIAH PROJECT NARRIAH PROJECT – TIN-TUNGSTEN-LITHIUM For personal use only • Six major historic workings discovered at surface, however, most of the area is undercover. • Six diamond drillholes completed to test the tin and tungsten at depth. • Strong tin and tungsten intercepted in all h
Slide 21: Narriah Project – Undercover & Under-Explored
ASX: SKY NARRIAH PROJECT NARRIAH PROJECT – UNDERCOVER & UNDER-EXPLORED For personal use only 21
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