Slide 1: Australian Graphite Conference
For personal use only Australian Graphite Conference 22 March 2016 www.ansonresources.com 1
Slide 2: Disclaimer
Disclaimer The information contained in this confidential document ("Presentation") has been prepared by Anson Resources Limited (the "Company"). It has not been fully verified and is subject to material updating, revision and further amendment. The Information many not be distributed to others at a
Slide 3: Capital structure
For personal use only ASX:ASN AUD Shares on issue 109.7m Share Price (as at11th March 2016) 2.0 cents Market Capitalisation $2.0m Net Cash (as at 16th March 2016) $1.1m Enterprise Value $0.9m Options Unlisted Options 3.5m Total 3.5m 3
Slide 4: Project location in Western Australia
For personal use only } Located in a Western Australia, 500 km from Perth, 130 km from Anson Resources Geraldton } Historical mining area in one of the world’s leading mining States. } Majority Crown land } Existing Infrastructure } Skilled mining workforce and contractors within close proximity } N
Slide 5: Geology and exploration targets
Geology: For personal use only } High grade metamorphism with hydrothermal alteration } Graphite schist within a Proterozoic Gneiss } Similar to Tanzanian/Sri Lanka graphite deposits } Samples from old graphite mine indicate Jumbo flakes with up to 18% TGC Exploration Targets: } 4 Regional EM Target
Slide 6: Rock chip assays up to 18.15% TGC
For personal use only } Rock chip assays up to 18.15% TGC } Localised graphitic pits mapped by Geological Survey of Western Australia across the tenement 6
Slide 7: Geophysical interpretation of Walcott area
For personal use only } Previous geophysical interpretation indicates 4 magnetic anomalies in the Walcott area } 2 priority conductors were identified by the magnetic interpretation 7
Slide 8: Flake size distribution and TGC
For personal use only Classifica(on Microns ASX:ASN TGC µm Mass Distribu-on % TC % Jumbo >300 16.59% 96.59% Large 180-300 26.21% 94.30% Medium 150-180 13.68% 91.80% Fine 75-150 43.52% 89.76% Total 100% 92.36% • Samples taken from shallow pits and shafts below surface comparable with other graphite pr
Slide 9: TGC grade comparison with peers
For personal use only TGC% Grade 30.0% 25.0% 24.0% 20.0% 18.0% 14.8% 15.0% 14.0% 10.7% 9.3% 10.0% 8.5% 8.3% 7.0% 5.0% 5.0% 2.10% 0.0% Talga Anson Focus Syrah Triton Flinders Kibaran Energizer Valence Magnis Northern Resources Resources Graphite Resources Resources Resources Resources Resources Indus
Slide 10: Equity Risk Premium comparison
For personal use only Equity Risk Premium (ERP) 16.00% 14.00% 12.00% 10.00% ERP % 8.00% 6.00% 4.00% 2.00% 0.00% Kibaran Magnis Triton Syrah Energizer Talga Flinders Focus Northern Valance Anson resources Resources Minerals Resources Resources Resources Resources Graphite Graphite Industries Resource
Slide 11: Project advantages
For personal use only q Mining: At surface – shallow pits. q Mining: Low strip ratio 3:1. q Grade: Low processing costs q Logistics: Proximity to established bulk commodity port – Geraldton. q Exchange Rate: AUD below long term average of $0.75 to USD. q Labour Rates: Skilled Mining Workforce availa
Slide 12: Infrastructure and logistics
For personal use only } National Highway passes through the Ajana tenement, approximately 130 km to Geraldton } Geraldton Port, existing shipping channels to key markets, bulk and “rotainer” capable with capacity available } Geraldton International Airport capable of shipping smaller volumes quickly
Slide 13: Capex requirements
For personal use only Capex Requirements $US Million 165 163 150 138 134.1 110 77 56 30 13
Slide 14: Production timeline and target production tonnes
For personal use only Production Timeline and Target Production Tonnes 250,000 220,000 200,000 180,000 150,000 150,000 100,000 50,000 46,000 40,000 20,800 25,000 0 Energizer Magnis Resources Northern Graphite Kibaran Anson Syrah Talga Resources 2016 2017 2018 14
Slide 15: Costeans to identify graphite schist
For personal use only } Costeans to be dug to identify if and where graphite schist comes to surface } Predictions based upon CRA drill hole log } Heritage clearance to be conducted next month 15
Slide 16: Drilling program approved
For personal use only } DMP approval received for a diamond and RC drilling program } Heritage clearance to commence in April 2016 } Drilling program scheduled for May 2016 16
Slide 17: Historic CRA drilling
For personal use only } Drilling program conducted by CRA in 1993 recorded graphitic schist from 128.6 m to 148.5m (down hole). } From 148.5 to 161.05m graphitic units were logged within the pelitic granulite. } Planned drilling program objective is to confirm the width, grade and flake size of the
Slide 18: Metallurgical test work
For personal use only } Metallurgical test work to continue and expanded to include samples from drilling program } It is expected that grade and flake size distribution to improve } Production process test work to continue } Suitability for a number of end uses to be tested Float cell in operation
Slide 19: Market capitalisation comparison
800 700 Market Capitalisa-on 600 For personal use only 500 A$ million 400 ift ? 300 p Up l 200 M kt Ca 100 0 ANS – ANS ASX Listed Co. WKT HXG KNL TLG MNS SYR current (2016) Mkt Cap $A mill $1.0 $5.5 $12.0 $13.0 $32.0 $53.0 $135.0 $737.0 Country Australia Australia Tanzania Australia Tanzania Sweden
Slide 20: Summary
For personal use only Location • Stable business environment, well established mining regulations, skilled work force, existing infrastructure Geology • High grade metamorphism with hydrothermal alteration • Graphite schist within a Proterozoic Gneiss • Similar to Tanzanian/Sri Lanka graphite deposi