Jangada Mines PLC · LSE:JAN
Jangada Mines — Investor Presentation (June 2017)
23 slides from Jangada Mines's investor presentation, June 2017
Slide 1: Developing South America's largest and most advanced PGM project
Developing South America’s largest and most advanced PGM project INVESTOR PRESENTATION JUNE 2017
Slide 2: Disclaimer
DISCLAIMER The information contained in this document (the “Presentation”) has been prepared by Jangada Mines plc (the “Company”) solely for informational purposes. It is subject to material updating, completion, revision, verification and further amendment. This Presentation has not been approved b
Slide 3: Forward Looking Statements
FORWARD LOOKING STATEMENTS All statements of opinion and/or belief contained in this Presentation and all views expressed represent the directors’ own current assessment and interpretation of information available to them as at the date of this Presentation. In addition, this Presentation contains c
Slide 4: The Opportunity
THE OPPORTUNITY AIM LISTED COMPANY DEVELOPING SOUTH AMERICA’S LARGEST AND MOST ADVANCED PLATINUM GROUP METAL (‘PGM’) PROJECT WITH SIGNIFICANT POLYMETALLIC UPSIDE Focused on establishing a low cost open pit operation • JORC compliant resource of approximately 1 million ounces of PGM+Au • Fully funded
Slide 5: A Team to Deliver
A TEAM TO DELIVER OVER 50 YEARS OF COLLECTIVE EXPERIENCE IN FUNDING & DEVELOPING PROJECTS IN SOUTH AMERICA + IN-DEPTH KNOWLEDGE OF THE ASSET Brian McMaster Brian is a member of the Institute of Chartered Accountants with 20 years’ experience in corporate reconstruction and Executive turnaround and p
Slide 6: Pedra Branca PGM Project
PEDRA BRANCA PGM PROJECT “One of the best undeveloped PGM Projects in the Western Hemisphere” “Platinum-Nickel-Chromium Deposits: Geology, Exploration and Reserve Base”* 66 *Published by Elsevier in new (2017) scientific book by Emeritus Scientist S.K. Haldar
Slide 7: Snapshot
SNAPSHOT UNIQUE OPERATION WITH A CLEAR PATH TO EARLY PRODUCTION AND CASH FLOW LOCATION KEY FACTS State of Ceará - BRAZIL 280km SW from the port city of Fortaleza Location on a paved highway Total project area covers 55,000 hectares, Mining Licence which includes 3 mining licences and 44 exploration
Slide 8: Brazil: Supportive Investment Climate
BRAZIL SUPPORTIVE INVESTMENT CLIMATE AT A GLANCE KEY FACTS Stable country with European-oriented culture GDP GROWTH RATES (in %) 4 and business practices 2 Established, transparent, and reliable mining 0 Q4 15 Q4 16 Q4 17 code -2 Favourable to mining operations and -4 investments -6 Numerous active
Slide 9: Key Strengths
KEY STRENGTHS WITH DRILL DATA, GEOPHYSICS, GEOMETALLURGICAL TESTS, GRADE CONTINUITY AND A JORC RESOURCE, THE PROJECT IS PRIMED FOR RAPID DEVELOPMENT INITIAL PRODUCTION TARGETED Q3 2018 EXTENSIVE UNDERSTANDING SIMPLE OPERATION Low CAPEX and OPEX project Surface deposits +US$35 million spent by previo
Slide 10: Historic Development
HISTORIC DEVELOPMENT +US$35 MILLION SPENT PROVIDES IN-DEPTH UNDERSTANDING OF THE PROJECT, ITS POTENTIAL, AND PATH TO PRODUCTION Gencore and Rio Tinto identified platinum- Regional scale, high palladium mineralisation & Resource estimate quality airborne Discovered by completed airborne & scoping stu
Slide 11: Current Resource Inventory
CURRENT RESOURCE INVENTORY JORC (2012) COMPLIANT RESOURCE WITH POTENTIAL TO INCREASE • Current measured, indicated and inferred resources total 23 million tonnes at 1.3g/t PGM+Au • Exploration targets provide “walk up” resource expansion opportunity Zone Classification Tonnes (kt) PGE (g/t) Pd (g/t)
Slide 12: Licences & Targets
LICENCES & TARGETS • 3 existing mining licences cover circa 52% of the current resource • Primary surface target areas include Curiu, Esbarro, Cedro & Trapia • Grades include 803kt and 1.5Mt @ 2.84g/t PGM • Additional targets identified Pitombeiras West target: Soil and magnetometry complete Jangada
Slide 13: Development Schedule
DEVELOPMENT SCHEDULE DEFINED DEVELOPMENT PLAN TO MAXIMISE PRODUCTION POTENTIAL - REGULAR HIGH IMPACT NEWS AS DEVELOPMENT PROGRAMME INTENDED TO BE IMPLEMENTED IN THE NEAR TERM Activity Q3 2017 Q4 2017 Q1 2018 Q2 2018 Q3 2018 Infill Reserve Drilling Bulk Metallurgy Test Resource Upgrade Scoping Study
Slide 14: Mine Plan
MINE PLAN CONVENTIONAL PROCESSING METHODS MEANS LOW CAPEX & OPEX WHICH UNDERPINS VALUE CASE Source: Tharisa Jangada Mines PLC – Investor Presentation – June 2017 14
Slide 15: Project Differentiators
PROJECT DIFFERENTIATORS Cash cost US$/oz Pedra Branca PGM Project is open-pit • Industry currently dominated by relatively high cost underground operations in South Africa, Zimbabwe, and Russia Supportive Investment Climate • Many peers exposed to geo-political risk and labour concerns Production of
Slide 16: Exploration Upside
EXPLORATION UPSIDE FAVOURABLE REGIONAL GEOLOGY & LICENCE PACKAGE TRANSLATE INTO SCALABILITY Portfolio of additional 44 contiguous exploration licences 11 deposits with confirmed PGM mineralisation identified and demonstrating chrome, nickel and copper mineralisation Additional undrilled targets show
Slide 17: Informed Market View
INFORMED MARKET VIEW PLATINUM IS ONE OF THE WORLD’S RAREST METALS WITH UNIQUE PHYSICAL & CATALYTIC PROPERTIES MAKING IT HIGHLY VALUED ACROSS A NUMBER OF DIVERSE DEMAND SEGMENTS “A supply cliff is approaching “We’re positive on the so we see substantial deficits platinum group metals, and in the year
Slide 18: PGM Market
PGM MARKET STRONG DEMAND DYNAMICS AND GLOBAL SUPPLY CONCERNS GLOBAL PLATINUM PRODUCTION IS DECREASING GLOBAL PLATINUM DEMAND IS INCREASING Forecast platinum deficit for 2016 revised from Platinum demand expected to reach 9 million 455,000 ounces to 520,000 ounces ounces by 2025 South Africa forecast
Slide 19: Multiple Polymetallic Potential
MULTIPLE POLYMETALLIC POTENTIAL HISTORIC DATA INDICATES SIGNIFICANT POTENTIAL FOR BOTH PRECIOUS AND BASE METALS ON THE JANGADA LICENCE AREAS Rich multi-element ore zone at Pedra Branca demonstrates the potential to produce platinum, palladium, rhodium, nickel, copper, gold and chrome Palladium Pedra
Slide 20: Additional Metal Credits
ADDITIONAL METAL CREDITS THE ADDITIONAL METALS HAVE THE POTENTIAL TO INCREASE THE VALUE OF THE PROJECT • Each additional metal can be simultaneously mined and processed at little additional cost - all-in opex not expected to exceed US$12.5 per tonne • At today’s prices, final in-situ basket value es
Slide 21: Price Graphs for PB Metals
PRICE GRAPHS FOR PB METALS “One of the best undeveloped PGM Projects in the Western Hemisphere*” * Published by Elsevier in new (2017) scientific book by Emeritus Scientist S.K. Haldar Jangada Mines PLC – Investor Presentation – June 2017 21
Slide 22: Investment Case
INVESTMENT CASE UNIQUE PGM INVESTMENT OPPORTUNITY OUTSIDE SOUTH AFRICA Largest and most advanced PGM project in South America Approximately 1 million ounces of PGM+Au – potential to extend significantly Shallow, low capex, low opex project with a clear path to early production and cash flow Known up
Slide 23: Contacts
CONTACTS JANGADA MINES Registered Address Postal Address 5 Fleet Place Level 2, 34 Dover Street London London EC4M 7RD W1S 4NG info@jangadamines.co.uk BEAUFORT SECURITIES LTD ST BRIDES PARTNERS LTD 63 St Mary Axe 3 St Michael’s Alley London London EC3A 8AA EC3V 9DS +44 (0)20 7382 8300 +44 (0)20 7236