Asiabasemetals Inc. · TSXV:ABZ
Asiabasemetals — Investor Presentation (October 2018)
41 slides from Asiabasemetals's investor presentation, Oct 29, 2018
Slide 1: New Discovery: Cobalt and Zinc – Gnome Project
AsiaBaseMetals Inc. Trading Symbol: (TSX.V: ABZ) OCTOBER 29, 2018 New Discovery “Cobalt and Zinc” 1 GNOME PROJECT (British Columbia, Canada) “One of the safest and mining friendly jurisdictions in the world” ASIABASEMETALS INC. TXS.V: ABZ
Slide 2: Disclaimer & Cautionary Note
2 DISCLAIMER & CAUTIONARY NOTE (See Appendix B - for complete Disclaimer & Cautionary Note) AsiaBaseMetals Inc. This presentation contains forward looking statements including but not limited to comments regarding predictions and projections. Forward looking statements address future events and cond
Slide 3: AsiaBaseMetals Inc.
3 ASIABASEMETALS INC. AsiaBaseMetals Inc. (“the Company” - Trading Symbol: TSX.V: ABZ), is a mining company with a successful team and an excellent newly discovered Cobalt and Zinc project (Gnome Project). The Company led by an experienced and successful business and mining team, is prudently adva
Slide 4: Gnome Project Location
4 GNOME PROJECT LOCATION Gnome Project Size. AsiaBaseMetals’s 100% owned Gnome Property comprises 12 mineral claims covering 5,868 hectares land in northeastern British Columbia, Canada. Gnome Project Location. Gnome is located approximately 230 kilometres northwest of Mackenzie, BC and 40 KM ea
Slide 5: Property Geology – Gnome Project
5 PROPERTY GEOLOGY – Gnome Project Gnome is located within the Kechika Trough. The Gnome Property is geologically underlain by a northwest trending belt of the Kechika Trough. Gnome has the right setting for SEDEX-type deposits. The Paleozoic sedimentary rocks underlying the Gnome Project, speci
Slide 6: Exploration History – Gnome Project
6 EXPLORATION HISTORY – Gnome Project Intermittently Explored. The Gnome Property was intermittently explored between 1979 to 2018. Cominco, Ltd. conducted geologic mapping and soil, silt and rock geochemical sampling programs (1979-81). This work identified associated Pb-Zn mineralization on th
Slide 7: Exploration Potential – Gnome Project
7 EXPLORATION POTENTIAL – Gnome Project Gnome Property is located in the Kechika Trough, an area covering over 140 km long zinc exploration sedimentary belt hosting significant SEDEX-type deposits. Gnome Property is located 35 km from the Cirque Deposit and 15 km from the Cardiac Creek Deposit, wi
Slide 8: Exploration Potential - Gnome Project - Cont’d
8 EXPLORATION POTENTIAL - Gnome Project - Cont’d Gnome Property exhibits excellent potential for economic Cobalt, Zinc and other base-metal mineralization. It contains favorable stratigraphic units with bedded barite and pyrite horizons, and it displays significant soil geochemical anomalies. Hi
Slide 9: 2018 Exploration – Gnome Project
9 2018 EXPLORATION – Gnome Project Soil and Sediment samples. A total of 123 soil / sediment samples and 34 grab rock samples were collected from four selected exploration areas (Areas C, D, E, and F) in the 2018 exploration program. Soil Sample Results – Highlights Cobalt (Co) values up to 0.58
Slide 10: 2018 Exploration – Gnome Project – Cont’d
10 2018 EXPLORATION – Gnome Project – Cont’d Soil Sample Results – Highlights - Cont’d Manganese (Mn) values up to 10.62% Mn: values are in the range of 6 ppm to over 106,223 ppm (10.62%) Mn, where 34 samples are over 1% Mn, and 54 samples are over 1,000 ppm (0.10%) Mn. Iron (Fe) values up to 51
Slide 11: Plan Moving Forward
11 PLAN MOVING FORWARD 2018 Exploration work on Gnome Property identified four (4) target areas in the central and southern part of the Property, being Area C (*50,000 sq m area), Area D (*60,000 sq m area), Area E (*80,000 sq m area), and Area F (*2,500 sq m area). Previous Exploration Work. Ar
Slide 12: Gnome Exploration Advantages
12 GNOME EXPLORATION ADVANTAGES Gnome style of mineralization has advantages over other known deposits in the area. Gnome’s low cost of exploration: Gnome, will have a lower cost of exploration in the beginning as the mineralization at Gnome starts on surface; whereas at Cardiac Creek deposit mi
Slide 13: Signs of Potential – Gnome Property
13 SIGNS OF POTENTIAL – Gnome Property Visible Zinc and Cobalt Barite seepage potentially Fault related sulphides Mineralization on Surface leading to Zinc Mineralization on outcrops Next Step “Trench for Cobalt & Drill for Zinc (define the deposit)” ASIABASEMETALS INC. TXS.V: ABZ
Slide 14: Uses of Cobalt
14 USES OF COBALT Cobalt is a hard, gray metal that looks much like iron and nickel. It is one of only three naturally occurring magnetic metals with the other two being iron and nickel. Majority of cobalt is used to make alloys, mostly superalloys. Superalloys are used to strengthen metal that
Slide 15: Cobalt Supply and Demand
15 COBALT SUPPLY AND DEMAND DRC produces more than 60%. More than 60 percent of global cobalt production comes from a single country - the Democratic Republic of the Congo (DRC). Generally, cobalt is produced as a byproduct from copper - nickel mines; therefore its production depends upon other
Slide 16: Uses of Zinc
16 USES OF ZINC Zinc is currently the fourth most widely consumed metal in the world after iron, aluminum, and copper. Zinc has strong anti-corrosive properties. Due to Zinc’s strong anti-corrosive properties, one-half of the zinc production is used in galvanizing, which is the process of adding
Slide 17: Zinc Demand and Supply
17 ZINC DEMAND AND SUPPLY The Zinc market outlook remains positive with the market expected to stay tight during most of 2018. A combination of scheduled mine closures (Glencore cuts production strategically) and environmental measures in China have already contributed to a tight market in Zinc
Slide 18: Cobalt and Zinc Prices
18 COBALT AND ZINC PRICES ASIABASEMETALS INC. TXS.V: ABZ
Slide 19: Stock Information (TSX.V: ABZ)
19 STOCK INFORMATION (TSX.V: ABZ) (As of October 29, 2018) Shares: Issued and Outstanding: 37,200,032 Stock Options: 2,837,500 (Potential Proceeds from Options): $666,237 Warrants; 362,145 (Potential Proceeds from Warrants Approx.): $36,000 ASIABASEMETALS INC. TXS.V: ABZ
Slide 20: Board of Directors and Management
20 Board of Directors and Management Henry Park, Director Terrylene Penstock, Director Raj I. Chowdhry, CPA, CA., President, CEO, and Chairman of the Board Bruce Bragagnolo, Director Kara Norman, Interim CFO (See Appendix A For Detailed Biography) ASIABASEMETALS INC. TXS.V: ABZ Ioannis (Yannis) Tsit
Slide 21: Advisory Board
21 Advisory Board (See Appendix A For Detailed Biography) Yuvraj S. Joe Piekenbrock, M.Sc Yuvraj Solanki Andrew Bowering , Bob Jacko Sorin Posescu Stephen Leahy Carl Hering, Ph.D. Tunaye Sai Rafael Ovallos ASIABASEMETALS INC. TXS.V: ABZ
Slide 22: Contact Information
2222 AsiaBaseMetals Inc. 10th Floor – 595 Howe Street Vancouver, BC CONTACT Canada, V6C 2T5 INFORMATION Email: info@asiabasemetals.com Tel: +1(604) 765-2030
Slide 23: Appendix A Board of Directors, Advisory Board and Management
23 Appendix A Board of Directors, Advisory Board and Management Detailed Biography ASIABASEMETALS INC. TXS.V: ABZ
Slide 24: Board of Directors
24 BOARD OF DIRECTORS Raj I. Chowdhry, CPA, CA., President, CEO and Chairman of the Board Mr. Chowdhry, the founder, Chairman and Chief Executive Officer of Futura Capital Limited., a private venture capital company, has invested in and raised funds for various projects around the world. Mr. Chowdhr
Slide 25: Board of Directors – Cont’d
25 BOARD OF DIRECTORS – Cont’d Henry Park, Director Mr. Park, the Chief Investment Officer of Foundation Capital, was formerly a partner at Vulcan Mining, a mining private equity investment platform of Soros Fund Management. Prior to Vulcan Mining, Mr. Park held the position of managing director and
Slide 26: Board of Directors – Cont’d
26 BOARD OF DIRECTORS – Cont’d Bruce Bragagnolo, Director Mr. Bragagnolo is the co-founder and former Chief Executive Officer of Timmins Gold Corp. (name changed to Alio Gold Inc.) an emerging intermediate, Mexican-focused gold producer. He is also the co-founder and the former CEO of Silvermex Reso
Slide 27: Board of Directors – Cont’d
27 BOARD OF DIRECTORS – Cont’d Terrylene Penstock, Director Ms. Terry Penstock has over 20 years of experience in the finance and securities industry. Terry started in finance, in the investment and insurance business, as a licensed insurance broker (1995-1998) going on to achieve an agency license
Slide 28: Board of Directors – Cont’d
28 BOARD OF DIRECTORS – Cont’d Ioannis (Yannis) Tsitos, Director Mr. Tsitos, trained as a physicist-geophysicist, having over 27-year experience in the mining industry; 19 years with BHP Billiton group prior to his departure in December 2007 from his position as New Business Manager for Minerals Exp
Slide 29: Advisory Board
29 ADVISORY BOARD Joe Piekenbrock, M.Sc Mr. Piekenbrock, the recipient of the 2009 Thayer Lindsey Award & the 2015 Colin Spence Award, respectively for International Discovery for contributions to the Alaskan discoveries of both the giant Donlin Gold (Au) deposit and the high- grade Bornite Copper (
Slide 30: Advisory Board – Cont’d
30 ADVISORY BOARD – Cont’d Bob Jacko Mr. Jacko has more than thirty years of mining experience. During that time, Mr. Jacko has worked for Falconbridge, Cominco (Teck Cominco), Thompson Creek and Tintina Resources Inc. He has spent 14 years as General Manager at numerous mines including the Polaris
Slide 31: Advisory Board – Cont’d
31 ADVISORY BOARD – Cont’d Carl Hering, Ph.D. Dr. Hering, a professional geologist, is an independent consultant and a Director of several public companies. Having over 35 years of worldwide diversified technical and managerial experience in mineral exploration and corporate development he has exper
Slide 32: Advisory Board – Cont’d
32 ADVISORY BOARD – Cont’d Yuvraj S. Solanki Mr. Solanki, an entrepreneur with over 10 years of hands-on mining experience, especially in India and Ethiopia, is a board member and the Executive Director of Sainik Mining and Allied Services Limited. In those capacities, Mr. Solanki played a major rol
Slide 33: Advisory Board – Cont’d
33 ADVISORY BOARD – Cont’d Sorin Posescu Mr. Posescu is a professional geologist having more than 20 years of experience in natural resource exploration and development. Sorin has, to date, worked both with major and junior resource companies throughout Europe and North America, including working on
Slide 34: Advisory Board – Cont’d
34 ADVISORY BOARD – Cont’d Tunaye Sai Mr. Sai has over 40 years of diversified technical and managerial experience in the mining and energy industries. Born and raised in Myanmar (Burma, prior to name change), Tunaye, upon graduating with a Mining Engineering Degree in Burma worked for 15 years with
Slide 35: Advisory Board – Cont’d
35 ADVISORY BOARD – Cont’d Andrew Bowering Mr. Bowering has over 30 years of experience in the venture capital and public company arenas primarily in the Mining sector with involvement in projects located around the globe. Andrew is a self-employed management consultant to public companies and has p
Slide 36: Advisory Board – Cont’d
36 ADVISORY BOARD – Cont’d Stephen Leahy Mr. Leahy has over 33 years of experience in the venture capital and public company arenas primarily in the Mining and Petroleum sectors with involvement in projects located around the globe. Mr. Leahy, as Chairman and CEO of North American Tungsten Corporati
Slide 37: Advisory Board – Cont’d
37 ADVISORY BOARD – Cont’d Rafael Ovallos Mr. Ovallos has over 25 years of experience in the venture capital and Mining sector with involvement in projects located in South America with emphasis in Colombia, Mexico, Chile, Peru and Argentina. Rafael, the Chief Executive Officer (CEO) of Colombian Go
Slide 38: Management
38 MANAGEMENT Raj I. Chowdhry, CPA, CA., President, CEO and Chairman of the Board Mr. Chowdhry, the founder, Chairman and Chief Executive Officer of Futura Capital Limited., a private venture capital company, has invested in and raised funds for various projects around the world. Mr. Chowdhry, curre
Slide 39: Management – Cont’d
39 MANAGEMENT – Cont’d Kara Norman – Interim CFO Ms. Norman has over 20 years of professional experience in non-profit, manufacturing, and resource exploration sectors. She is a chartered Professional Accountant (CPA, CMA). ASIABASEMETALS INC. TXS.V: ABZ
Slide 40: Appendix B Disclaimer and Cautionary Note
40 Appendix B Disclaimer and Cautionary Note Including Forward Looking Statements ASIABASEMETALS INC. TXS.V: ABZ
Slide 41: Disclaimer and Cautionary Note
41 Disclaimer and Cautionary Note Including Forward Looking Statements Disclaimer & Cautionary Note: This presentation contains forward looking statements including but not limited to comments regarding predictions and projections. Forward looking statements address future events and conditions and
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