Eq Resources Limited · ASX:EQR
Eq Resources — Noosa Mining Conference 2021
15 slides from Eq Resources's conference presentation, Jul 14, 2021
Slide 1: EQR CEO to present at Noosa Mining Conference
resourcing the new economy for a better tomorrow For personal use only 14th July 2021 EQR CEO TO PRESENT AT NOOSA MINING CONFERENCE EQ Resources Limited is the 100% owner of the Mt Carbine Tungsten Mine near Cairns, Australia’s only primary tungsten producer. EQ Resources Limited (EQR or the Company
Slide 2: Forward-looking Statements
resourcing the new economy for a better tomorrow Mr. Bainbridge confirms there is no new information or data in this announcement that materially affects the historical results from the report issued by the Company (formerly known as Icon Resources Limited) titled, ‘Mt Carbine Project Resource Estim
Slide 3: EQ Resources Ltd (EQR) – Noosa Mining Conference
For personal use only EQ RESOURCES LTD (EQR) Noosa Mining Conference 14th July 2021
Slide 4: Disclaimer – Competent Person's Statement
Disclaimer Competent Person's Statement For personal use only • The information in this presentation relating to Mineral Resource summary are extracted from the following report on the Company's website, www.eqresources.com.au/: Mineral Resource & JORC 2012 Compliance Update dated 13 January 2014. T
Slide 5: Board & Leadership
Board & Leadership Diverse and Experienced Board & Leadership Team For personal use only Oliver Kleinhempel - Non-executive Chairman Stephen Layton - Non-executive Director Zhui Pei Yeo - Non-executive Director • Appointed Non-executive Director 12 • Appointed Non-executive Director 14 • Appointed N
Slide 6: Critical Metal Producer (Tungsten) with Established Infrastructure
Critical Metal Producer (Tungsten) with Established Infrastructure For personal use only EQR - ASX • Tungsten mine located in Queensland Australia • Tungsten is a strategic critical mineral for Australia and several Western countries • First class infrastructure • Strong Government support for criti
Slide 7: Operational Mine
Operational Mine For personal use only EQR - ASX • Brownfield low-cost expansion • Currently Operational & the only primary producer in Australia • Simplistic Gravity Flow Sheet • 12Mt Stockpile suitable for XRT Sorting technology 5
Slide 8: BFS for Expansion Underway
BFS for Expansion Underway • BFS underway – Led by JukesTodd with Completion Q4 2021 For personal use only EQR - ASX • Reserve drilling completed – assays pending • BFS informed by operational data for optimal design • Strong interest from debt financiers 6
Slide 9: Strong Partnership
Strong Partnership • 50/50 JV on Tailings & Mineralised Stockpiles with CRONIMET For personal use only EQR - ASX • CRONIMET is a multi-billion dollar per year specialty commodity trader • CRONIMET support concentrate off-take at fair market value and distribute to it’s global customer network • CRON
Slide 10: Established By-product Revenues
Established By-product Revenues For personal use only EQR - ASX • By-Product revenue through well established quarry business • 2020/21 financial year had gross revenue of $4.1 Million • Quarry upgraded, targeting additional revenues • Successfully completed one of the largest quarry contracts in +3
Slide 11: Strong Tungsten Fundamentals
Strong Tungsten Fundamentals • Classified as a Critical / Strategic Metal in leading For personal use only industrialised economies EQR - ASX • Australia - 2nd largest resources in the world • 82% produced in China, Australia has potential to lead supply • Pricing at recent highs, forecast to contin
Slide 12: Mt Carbine Site Overview
Mt Carbine Site Overview For personal use only EQR - ASX Office, Lab & 1 Core Shed 2 Tailings Pond / 3 5 Retreatment 2 4 Open Plant 3 Quarry & OOSR Stock- Potential Pit Extension pile More Vein 6 Packages 4 XRT Sorter 1 5 LG Ore Stock- pile 6 Exploration Targets – Iron Duke 10
Slide 13: Iron Duke Exploration & Development Upside
Iron Duke Exploration & Development Upside For personal use only EQR - ASX • Schematic cross-section of the Mt Carbine Deposit showing veins intersected in drilling to date. • Open pit potential with underground long term development plan. EQ012 22616 26187 388.18 412.00 -45 50 327.11 328.78 1.67 3.
Slide 14: Development Timeline
Development Timeline UG Secure Funding Facilitation & Drawdown Environmental Doc Approval For personal use only Approval EQR - ASX Ph 1 Feasibility Ph 2 Feasibility Complete Complete Full Scale 2020 2021 2022 Operation Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Feasibility – Mineralised Stockpile Secure 1 MTPA Pl
Slide 15: Thank You
For personal use only Follow us THANKYOU