Korab Resources Limited · ASX:KOR
Korab Resources — Northern Territory Week - Mining the Territory 2018
17 slides from Korab Resources's conference presentation, Sep 6, 2018
Slide 1: Korab Resources Ltd - New Force in the Magnesia Supply Chain
MINING THE TERRITORY Northern Territory Week KORAB RESOURCES LTD NEW FORCE IN THE MAGNESIA SUPPLY CHAIN Andrej K. Karpinski Chairman September 2018
Slide 2: Important Information
Important Information This presentation has been prepared by Korab Resources Limited (“Korab” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation with respect to those s
Slide 3: Korab Resources Ltd
Korab Resources Ltd Established in 1998, listed on ASX in 2005 Address Capital Structure 20 Prowse Street, West Perth WA, 6005 303 Mln shares and 4 Mln 10c options Tel: +61 (0) 89474 6166 Last Price: 3.6 cents Market Capitalisation: $11 Mln www.korab.com.au Market Codes: Directors ASX: KOR Andrej K.
Slide 4: Magnesium Carbonate Markets and Users
Magnesium Carbonate Markets and Users Magnesium carbonate markets Magnesium carbonate users Raw magnesite ore Calcined magnesia Dead burned magnesia Fused magnesia 3
Slide 5: Current Magnesium Carbonate and Magnesia market
Current Magnesium Carbonate and Magnesia market 85 % of global magnesite production used to come from area in China and North Korea within 50 km of NK border. China clamped down in 2nd quarter 2017 on environmental pollution and this has led to closing down of most of the magnesite and magnesia prod
Slide 6: Batchelor Group of Projects location
Batchelor Group of Projects location 5
Slide 7: Batchelor Project Group
Batchelor Project Group Large exploration area straddling the Stuart Hwy, 70 km south of Darwin Batchelor Project group consists of multiple mineral titles which comprise 3 projects and several prospects: Winchester project (MgCO) Geolsec project (P2O5) Batchelor project (Au, Ag, Fe, Li) White Bomb
Slide 8: Winchester Magnesium Carbonate Deposit
Winchester Magnesium Carbonate Deposit Company status Tenure Winchester deposit is held by AusMag Pty Ltd which is a wholly owned subsidiary of Korab Resources Ltd AusMag owns 100% of the Winchester deposit and the Mineral Lease ML30587 where it is located AusMag is focused on developing the Winches
Slide 9: Simplified Quarry Layout and Development Costs
Simplified Quarry Layout and Development Costs CAPEX estimates from FS report Capital expenditure is exceptionally low due to very simple quarry operation involving no processing other than crushing and screening. The terrain is flat requiring very little work. Sealed road with high voltage power pa
Slide 10: Quarry Stage 1 Open Pit Design
Quarry Stage 1 Open Pit Design 9
Slide 11: Test Quarry (Drill & Blast)
Test Quarry (Drill & Blast) 10
Slide 12: Test Quarry (Setting Charges)
Test Quarry (Setting Charges) 11
Slide 13: Test Quarry (Loading)
Test Quarry (Loading) 12
Slide 14: Potential Additional Revenue Streams
Potential Additional Revenue Streams • Preliminary results from current review of potential new revenue stream from toll-processing of magnesite into CCM and DBM97 and DBM98 shows robust economics • Assuming 1st year tonnages suggested by trading houses and end users (reported to ASX 16 August 2018)
Slide 15: Winchester Project Status
Winchester Project Status Various tests and studies successfully completed Metallurgical testing, and production of magnesium metal Calcination testing Hydrological studies Environmental studies Commercialisation is progressing Granted mining lease (to 2040 with rights to extend) Offtakes, sales and
Slide 16: Other Project Details
Other Project Details •Exceptionally low capex estimates EBITDA Sensitivity to MgCO3 prices •Quarry can be developed in stages and easily expanded •No need for additional funding once quarry is in operation, capacity expansion can be fully funded from cashflow •Quarry can produce various grades of m
Slide 17: Logistics - Darwin Port
Logistics - Darwin Port 16
Korab Resources — Northern Territory Week - Mining the Territory 2018 on 6ix