King River Resources Limited · ASX:KRR
King River Resources — Investor Presentation (October 2018)
23 slides from King River Resources's investor presentation, Oct 23, 2018
Slide 1: Australia's largest Vanadium in magnetite deposit
Australia’s largest Vanadium in magnetite deposit … delivering the highest grade Vanadium concentrates for leach processing into high purity vanadium pentoxide, titanium dioxide and iron oxide products High grade Mt Remarkable gold discovery in the Kimberley ASX: KRC Oct 2018
Slide 2: Corporate Overview
Corporate Overview ASX code KRC Share price (19/10/2018) 5.5 cents Issued shares ~1.24 billion ASX Options (exc.10 cents 30/6/18) ~413 million Unlisted Options ~8 million Market capitalisation ~ $68 million Board of Directors Top Shareholders Interest Anthony Barton – Chairman Anthony Barton & Assoc
Slide 3: Vanadium project location
Vanadium project location • Nearby infrastructure includes sealed major highway, Wyndham Port, Ord River Dam and hydro electric project, Kununurra skilled workforce and industry involved with servicing the Argyle Diamond project. • The project is ~110 kilometres southwest of Kununurra
Slide 4: 4.7 billion tonne JORC resource
4.7 billion tonne JORC resource Vanadium resource estimate by CSA Global Pty Ltd (refer ASX announcement 26 May 2017 and Resource Statements in Tables 2 and 3 on Slide 19). • Measured, Indicated and Inferred Mineral Resource, reported at a 0.23% V2O5 cut-off grade from the Central, Buckman and Red H
Slide 5: Vanadium-Titanium-Iron Resources Location
Vanadium-Titanium-Iron Resources Location 5
Slide 6: Global peer comparisons
Vanadium Resource Company Peer Comparison Resource Tonnes and Grade and Concentrate Grade g (mmm Resource Tonnes (Million) Resource Grade (%V205) —#— Concentrate Grade (% V205) g g 8 g 8 3 Resource Tonnes (Millions) g MAGN i. Balla Balla Windimurra Barrambie Mt Peake ~~ Gabanintha Australian V- Reso
Slide 7: CSA Global: Concept pit shell
CSA Global: Concept pit shell Preliminary pit shell 4.2km x 1.2 km with a low strip ratio of 0.4 has been modelled 7
Slide 8: Scoping progress
Scoping progress In June 2018, CSA Global completed an initial conceptual mining study using open cut optimisation techniques on the Central vanadium deposit only (KRC ASX 20 June 2018). This pit study enabled KRC to upscale our scoping work to almost twice the size of the operation modelled in a 20
Slide 9: Primero: Beneficiation flow sheet
Primero : Beneficiation flow sheet 9
Slide 10: Acid leaching of concentrates
Acid leaching of concentrates KRC’s Vanadium testwork has examined a process flow sheet that processes high grade vanadium samples from the Central Vanadium deposit (0.37-0.39% V2O5). Initially a magnetite concentrate grading >2% vanadium pentoxide (V2O5) is produced by crushing, grinding and magnet
Slide 11: Test work and study progress
Test work and study progress Our main objective is to outline a project that clearly differentiates ours from others around the globe. The flat lying nature of the Speewah mineralisation gives King River Copper the opportunity to mine very large volumes of material with minimum waste (0.4 tonne wast
Slide 12: Potential for heap or vat leaching
Potential for heap or vat leaching Nagrom have recently completed a baseline bottle roll sulphuric acid (H2SO4) leach test on a concentrate sample that assayed 1.7% V2O5, 15.37% TiO2 and 60.04% Fe2O3, with 14.49% SiO2, 4.02% Al2O3, 3.77% CaO and 2.35% MgO. After 58 days, leach efficiencies were 92%
Slide 13: Fluorspar Scoping
Fluorspar Scoping A very recent Scoping Study has outlined a path forward for the development of a Fluorite Project, and the positive business case supports progression of that study towards a prefeasibility. Indicated Mineral Resources represent 100% of planned mining scenario on existing mining le
Slide 14: King River
KING //RIVER
Slide 15: Whitewater Volcanics - a new WA gold province?
Whitewater Volcanics - a new WA gold province? WA Tenements The East Kimberley • Speewah: Vanadium, Fluorite, Gold, Copper Speewah Project Kununurra • Mt Remarkable: Gold Mt Remarkable Project WA NT Halls Creek
Slide 16: Trudi Vein drill pad
Trudi Vein drill pad 16
Slide 17: Recent gold assays Mt Remarkable
Recent gold assays Mt Remarkable High Grade Gold Results at Mt Remarkable ❖ Multiple high-grade intersections have been returned from several RC drill sections, defining a very high-grade gold zone at the eastern end of the main Trudi 5m grid drilling (KRC ASX 5 June 2018, 20 June 2018, 28 June 2018
Slide 18: Speewah Dome deep gold target
Speewah Dome deep gold target Previously Drilled Area New RC hole Structure and Arsenic Mineralisation BARTON FAULT ZONE Large Gold Target: Chapman Thrust • 1km step out • Close to Major Regional Fault • Close to Base of Gabbro 0 100m 18
Slide 19: Top of Trudi Hill outcrop
Top of Trudi Hill outcrop KING //RIVER
Slide 20: World class mineral projects typically need?
World class mineral projects typically need? • A unique orebody with a very long mine life, consistent grades amenable to the most modern day large scale mining methods • Commodity/revenue diversification • Economically viable process routes to produce high purity products • Leading international en
Slide 21: Mineral Resource Estimates
Mineral Resource Estimates FLUORITE Note: Fluorite Resources estimated under JORC 2012 Massive fluorite core KRC ASX 23 February 2018 Table 1: Fluorite Mineral Resource estimate (10% CaF2 cut-off grade) Zone JORC Classification Tonnage (Mt) V (%) V 2 O5 (%) Fe (%) Ti (%) High Grade Measured Indicate
Slide 22: Important Notices
IMPORTANT NOTICES Note 1: Competent Persons Statement The information in this report that relates to Exploration Results, Mineral Resources and Metallurgical Results is based on information compiled by Ken Rogers and Andrew Chapman and fairly represents this information. Mr. Rogers is the Chief Geol
Slide 23: Thank You
KING (/ RIVER
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