Slide 1: ASX announcement: TZMI Congress 2012 Presentation
DIATREME RESOURCES LIMITED ABN: 33 061 267 061 Postal Address: P.O Box 10288 Brisbane Adelaide Street QLD 4000 Registered Office: Level 2 87 Wickham Terrace Spring Hill QLD 4000 PH: +61 (0)7 3832 5666 FX: +61 (0)7 3832 5300 www.diatreme.com.au manager@diatreme.com.au For personal use only ASX : DRX
Slide 2: Cyclone Zircon Deposit Discovery to Bankable and Beyond
For personal use only DIATREME RESOURCES Cyclone Zircon Deposit Discovery to Bankable and Beyond November 2012
Slide 3: Statements
Statements For personal use only This presentation contains certain forward-looking statements and forecasts which include without limitation, expectations regarding future performance, exploration, mineral resources, the financial position of Diatreme Resources Limited (the “Company”), industry gro
Slide 4: Diatreme Resources Limited: A Snapshot
Diatreme Resources Limited For personal use only A Snapshot Copper, Gold, Base Metals Rosevale Porphyry Clermont, Central Queensland 100% Equity (Antofagasta Minerals earning 60%) • 10x3km Porphyry Cu Au System • Affinities to Cadia / Ridgeway Geology • Deep Diamond Core Drilling 700 to 900m planned
Slide 5: Diatreme Board
Diatreme Resources Limited For personal use only Diatreme Board David Hall, George White, William Wang, Tony Fawdon, Andrew Tsang, Neil McIntyre 4
Slide 6: Investment Fundamentals
Investment Fundamentals For personal use only Zircon & DRX Dynamics • Mineral Sands sector commanding attention with demand driven by urbanisation and wealth. • Emerging supply shortfall of Zircon worldwide. • No relief of zircon short supply on the horizon. • Massive imbalance between current share
Slide 7: Zircon Supply / Demand Analysis
Zircon Supply / Demand Analysis For personal use only TZMI 6
Slide 8: Cyclone Deposit, Eucla Basin, Western Australia
CYCLONE DEPOSIT For personal use only EUCLA BASIN WESTERN AUSTRALIA
Slide 9: Location - Eucla Basin
Location - Eucla Basin For personal use only •The Cyclone Deposit is in the highly prospective Eucla Basin • Eucla Basin known for very high value mineral sand deposits including Iluka’s Jacinth-Ambrosia Project. • Single underlying landowner who is committed to development. • Port options by standa
Slide 10: Peer Comparison for Cyclone
Peer Comparison for Cyclone For personal use only US$/t General resource value US$/t (Developers) 16.00 14.00 Lowest 12.00 10.00 8.00 6.00 4.00 2.00 0.00 SFX MRC MDL GUN PFP WTR MZI BSE DRX ATR IMA 9
Slide 11: Peer Comparison for Cyclone
Peer Comparison for Cyclone For personal use only 10
Slide 12: Peer Comparison for Cyclone
Peer Comparison for Cyclone For personal use only 11
Slide 13: Cyclone Project Financials – PFS
Cyclone Project Financials – PFS For personal use only Capital Investment (including PFS & DFS) AUD$223 Million Average Annual Sales Revenue AUD$191 Million Average Annual Operating Costs AUD$88 Million Average Annual Tax Payable AUD$24 Million Average Annual Operating Cash Flow After Tax AUD$78 Mil
Slide 14: Cyclone Project Timeline
Cyclone Project Timeline For personal use only Schedule Date Pre-Feasibility Study Completed - March 2012 Definitive Feasibility Study Q2 2014 Project Financing Q3 2014 Construction & Development 2014-2015 Mining & Production 2015 13
Slide 15: Cyclone Mining Stats
Cyclone Mining Stats For personal use only Strip Ratio 1.1 : 1 Mining Rate (Dry) 1,300 tonnes per hour – 2 x Dozer traps Mine Site 26 Tonnes / Hour Wet Concentration Plant Product 147,000 Tonnes PA @ 98.5% Concentrate Transport - Road 240km - 4 trucks x 110 tonnes to Forrest. Transport - Rail 1,000k
Slide 16: Cyclone Products
Cyclone Products For personal use only Zircon: 65,000 tonnes per year ZrO2 % FE2O3 % SiO2 % Al2O3 % TiO2 % P2O5 % U+Th CeO2 % ppm 66.0 0.10 32.8 0.20 0.31 0.07 369 0.020 HiTi87: 10,000 tonnes per year TiO2 % FE2O3 SiO2 % Al2O3 ZrO2 MgO MnO CaO % CR2O3 U+Th % % % % % % ppm 86.6 2.6 5.0 1.01 3.3 0.04
Slide 17: Cyclone Mining Lease Application
Cyclone Mining Lease Application For personal use only 16
Slide 18: Cyclone Deposit – 3D
Cyclone Deposit – 3D For personal use only 17
Slide 19: Proposed Mining Methods
Proposed Mining Methods For personal use only 18
Slide 20: Mining Operations
For personal use only Mining Operations 19
Slide 21: Wet Concentration Plant
Wet Concentration Plant For personal use only CYCLONE 20
Slide 22: Transport Options
Transport Options For personal use only CYCLONE 21
Slide 23: DRX Corporate Details
DRX Corporate Details For personal use only DRX—Capital Structure Management Position Directors Position Shares on Issue 442 Million Options on Issue (ex Sept 2013 @ $0.15) 88.7 Million Tony Fawdon Executive Chairman / Phil McMurtrie Cyclone Project Share Price (as at 25/10/2012) A$0.025 CEO Manager
Slide 24: Cyclone Zircon Deposit Discovery to Bankable and Beyond
For personal use only DIATREME RESOURCES Cyclone Zircon Deposit Discovery to Bankable and Beyond November 2012