Sky Metals Limited · ASX:SKY
Sky Metals — IMARC (November 2024)
15 slides from Sky Metals's conference presentation, Nov 6, 2024
Slide 1: Sky Metals – Large-scale tin deposit matched with technology advantage
3° SKY METALS LARGE-SCALE TIN-DEPOSIT i MATCHED WITH TECHNOLOGY ADVANTAGE TO MEET GROWING GLOBAL DEMAND FOR TIN- ee ~ A VITAL TECHNOLOGY METAL =< =
Slide 2: Disclaimer
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 associated with investments in private and publi
Slide 3: Capital Structure, Board & Management, Shareholders
CAPITAL STRUCTURE 30+ years in the full-time management of natural 25+ years experience in the mineral resources sector as a Shares on issue 589.6M resource companies. Past Chairman and Director of geologist and solicitor. Mr. Hill has a successful track record Options & Performance Rights 49.9M lis
Slide 4: Increase in tin demand
Fundamental structural demand growth – Triggering Increase in tin demand supply crunch after 30+ year under Tin Price investment. Tin is vital within EVs, Renewable Energy, AI and all electronics. Source: BNEF, Rho Motion, Macquarie Strategy – April 2024 ASX: SKY 4
Slide 5: Inelastic tin price and supply disruption
• Inelastic tin price – driven by irreplaceable demand in electronics sector, AI and global electrification. • Heavily disrupted Indonesian tin production – previously 20% of global supply. • Tin mining suspended in Myanmar – previously 4th largest source globally and over 40% of concentrate supply
Slide 6: Tallebung tin mine history and infrastructure
• 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 place from previous mining includes: - Powerlines to site. - Excellent road access. •
Slide 7: New shallow, high-grade tin intercepts
• New shallow, high-grade intercepts in TBRC078 and TBRC090 show potential for shallow, higher-grade tin outside of the current MRE, results included: 11m @ 1.02% Sn, 77.9g/t Ag & 0.13% W from 64m 10m @ 0.69% Sn & 23.7g/t Ag from 23m • Southern extension drilling has intercepted further shallow, hig
Slide 8: Low-cost mining and processing proposition
Tallebung Tin Mine – Drone Photo looking East down the Central Lead Open Pit. • Low-Cost Mining Proposition – Shallow deposit at surface, very low strip ratio and deposit grows with every new drillhole. • Exceptional Upgrade– Ore sorting ideally suited to the deposit and increases grade >5x, removin
Slide 9: January 2024 MRE and Exploration Target
• Jan 2024 MRE , Inferred and Indicated, totalling: 15.6 Mt @ 0.15% Tin for 23kt of contained Tin1. • Exploration Target estimated concurrently: 23 – 32 Mt @ 0.14 – 0.17% Tin1,2. • Tin mineralisation highly amenable to 5x upgrade using TOMRA Ore Sorting – 0.15% = +0.70% Tin. • 0.70% Tin equivalent t
Slide 10: Tallebung deposit matched to ore sorting technology
Cassiterite from Tallebung – Scale in mm • Tallebung tin deposit is ideally matched to ore sorting technology. Dense tin – cassiterite “nuggets” detected by ore sorter and accepted • Conservative TOMRA Ore Sorting increases Host rock and quartz vein without tin grade +500% and rejects +80% of mass.
Slide 11: Effective ore sorting of coarse tin
• Extremely effective sorting of Tallebung Tin is possible as Tin is present as large, discrete ‘chunks’, easily classified by the TOMRA XRT ore sorter. • Initial, conservative ore sorting aimed to accept all rocks with Tin shown in the scan – this gave an average of 5x upgrade with +98% Tin recover
Slide 12: Shallow high-grade tin zone for fast payback
• 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% Tin from 23m. Plan View Aerial Image of the Tallebung Project ASX: SKY 12 Schematic Cr
Slide 13: Next steps: studies, drilling and approvals
Feasibility studies to commence mining. design and requirements. Further infill drilling and metallurgical testing to precisely establish plant Infill of existing MRE to increase resource confidence and expand on high-grade discoveries. PROGRESSING Metallurgical testwork across the entire deposit to
Slide 14: ASX: SKY
ASX SKY.
Slide 15: Appendix: MRE and Exploration Target details
Details on the MRE and Exploration Target for Tallebung can be found in SKY ASX Table 1 – Tallebung MRE showing total tonnage, grade and contained metals at a 0.08% Tin cut-off grade. NB: Announcement 23 January 2024, available at skymetals.com.au. WO3 refers to the Tungsten reported as an oxide as