Heavy Minerals Ltd · ASX:HVY
Heavy Minerals — NWR Virtual Conference (September 2022)
17 slides from Heavy Minerals's conference presentation, Sep 15, 2022
Slide 1: ASX Announcement: Revised Corporate Presentation
ASX Announcement Date: 15 Sept 2022 REVISED CORPORATE PRESENTATION - NWR VIRTUAL CONFERENCE Heavy Minerals Limited (ACN 647 831 833) (“HVY”, “Heavy Minerals” or the “Company”) would like to provide the attached revised corporate presentation. There was an omission of information in accordance with A
Slide 2: Focused on Industrial Minerals
FOCUSED ON Industrial Minerals SEPTEMBER 2 0 2 2 | A S X : H V Y
Slide 3: Important Notice
Important Notice This presentation has been prepared by Heavy Minerals Limited and its related entities (the “Company”). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. You should not treat the con
Slide 4: Presentation Outline
Presentation Outline • Investment Highlights • Capital Structure • Board of Directors • Projects Overview • Port Gregory Project • Scoping Study Results • Simple Mining • Garnet to 2030 • Red Hill Discovery • Inhambane Mineral Sands Project • Inhambane Mineral Resource • Market Outlook – Mineral San
Slide 5: Investment Highlights
Investment Highlights Heavy Minerals Limited (HVY) is an Emerging Industrial Minerals Explorer with Projects adjacent to world class deposits in pro-mining jurisdictions • Western Australia – Port Gregory Project: JORC Mineral Resource 135 MT @ 4.0% THM containing 4.9 Mt Contained Garnet Titanium In
Slide 6: Capital Structure
Capital Structure1 Directors 18.9% ASX CODE SHARES ON ISSUE1 MARKET CAP1 Retail HVY 56.43M $9M 33.5% CASH2 DEBT1 EV3 Remaining Top 20 $2.41M nil $6.6M 47.6% Position Holder Name % IC 1 CHRISTOPHER ADAM SCHOFIELD 4,104,283 7.27% 2 GLENN SIMPSON 3,963,445 7.02% 3 MR KENNETH JOSEPH HALL 3,846,071 6.81%
Slide 7: Board of Directors
Board of Directors Adam Schofield GREG JONES GLENN SIMPSON Non-Executive Chairman Non-Executive Director Non-Executive Director Mr. Schofield is a mining company Over 25 years’ experience as a mineral sands Mr. Simpson has been a Chartered executive with over 20 years’ experience Geologist with Iluk
Slide 8: Projects Overview
Projects Overview Port Gregory Garnet Project Two projects with the potential to grow into globally significant mineral sands (100 km North of Geraldton, Western Australia) resources. Both Projects adjacent to Tier 1 Assets (GMA, RDG & Rio Tinto). • 4.9 Mt contained Garnet (~5 years of Global demand
Slide 9: Port Gregory Project
Port Gregory Project JORC Mineral Resource 135 MT @ 4.0% THM THM Assemblage (2) Summary of Mineral Resource estimate (1) Classification 4.9 Mt contained garnet (96% VHM fraction in THM) Material (Mt) In Situ THM (Mt) In Situ Garnet (Mt) THM (%) SL (%) OS (%) Garnet (%) Ilmenite (%) Zircon (%) Rutile
Slide 10: Scoping Study Results
Scoping Study Results • Substantial NPV8 (real) of AUD$253M relative to HVY market capitalisation of $9.96M (at 18.5 cps) AUD$253M 4.2 years AUD$1.59B After Tax NPV Payback period LOM Revenue • 16-year mine life with the potential to extend with further successful drilling (planned for 2022) • Low C
Slide 11: Simple Mining
Simple Mining Production Method Production flow diagram • Conventional dozer trap mining (MUP) • 488 TPH to produce a slurry that is pumped to a Wet Concentration Plant (WCP) • Heavy Mineral Concentrate (HMC) is produced via processing the sand fraction through a series of gravity spirals and up-cur
Slide 12: Garnet to 2030
Garnet to 2030 HVY’S unique opportunity is the Global average (nominal) Garnet price (unrefined)1 significant and widening supply deficit Current price (USA3) forecast from 2022 onwards2 540 kt deficit in 2030 without new sources of supply TZMI 2021 long-term forecast price of US$210 per tonne (inde
Slide 13: Red Hill Discovery
Red Hill Discovery Red Hill prospect: 37 km south of Port Gregory Project HVY will continue exploration of its tenure for garnet and High grade garnet from surface other industrial minerals Analogous to the Port Gregory Project High Priority Exploration target AC drilling in Q3 2022 Red Hill highlig
Slide 14: Inhambane Mineral Sands Project
Inhambane Mineral Sands Project OWNERSHIP 213.8 km2 of tenure under mining application: Adjacent to HV power, road and the Port of Inhambane. 70% 30% Mining Concession application lodged (25-year tenure), Heavy Minerals Local pending regulatory approvals Partners JORC Inferred Mineral Resource of 90
Slide 15: Inhambane Mineral Resource
Inhambane Mineral Resource Inhambane 2022 metallurgy results1 – Highly marketable product suite (No roasting): Primary ilmenite containing 49.8% TiO2 , 0.6% SiO2, 0.4% Al2O3 and <0.1% Cr2O3 Zircon containing 66% Zr02 with < 500ppm U + Th High Titanium product containing > 90% Ti02 1 W E Potential st
Slide 16: Market Outlook – Mineral Sands
Market Outlook – Mineral Sands1 Heavy Mineral Sands Market Dynamics – Rapid uplift in pricing over the last 18 - 24 months Existing producers are seeing an increase in pricing Full suite of valuable heavy minerals (VHM) have on the full suite of valuable heavy minerals (VHM) seen growth over the pre
Slide 17: www.heavyminerals.com
Registered Office: Level 8, London House 216 St Georges Terrace Perth Western Australia 6000 Phone: (08) 9481 0389 Fax: (08) 9463 6103 Email: info@heavyminerals.com www.heavyminerals.com
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