Renascor Resources Ltd · ASX:RNU
Renascor Resources — Investor Presentation (December 2015)
27 slides from Renascor Resources's investor presentation, Dec 14, 2015
Slide 1: Sourcing High-Tonnage Graphite in Australia
Renascor Resources Limited ASX code: RNU For personal use only Investor Presentation Sourcing High-Tonnage Graphite in Australia 14 December 2015
Slide 2: Our graphite projects
Our graphite projects For personal use only Recent acquisitions offer immediate opportunities to define large-tonnage flake graphite projects in proven mining provinces of Australia Arno graphite • Major, high-grade graphite project • Large tonnage potential • High-grade, coarse-flake graphite in al
Slide 3: Corporate profile
Corporate profile For personal use only Experienced management team with track record of discovery and development in South Australia ASX code RNU Board of Directors Shares on issue (11 Dec 15) 216.7m Stephen Bizzell (Chairman) Cash (30 Sep 15) $1.1m David Christensen (MD) Share price (11 Dec 15) $0
Slide 4: Investment highlights
Investment highlights For personal use only Triggers for share price re-rating Recent acquisitions into proven provinces • Arno: major high-grade graphite project • Munglinup: low-cost discovery opportunity Undervalued versus peers • New entrant into graphite sector • Advanced project • Graphite pot
Slide 5: Re-rating potential
Re-rating potential For personal use only Major value enhancement potential from: • Market recognition of Arno acquisition • Move from explorer to developer Renascor Resources 5
Slide 6: Why graphite?
Why graphite? For personal use only Uplift potential • Renascor’s advanced prospects offer potential for rapid transition from exploration to development Positive market dynamics • Growing graphite market • Potential supply shortfall • Need for reliable supply from stable jurisdictions Strategic acq
Slide 7: Graphite growth sectors
Graphite growth sectors For personal use only High tech growth areas driving increased demand for flake graphite Lithium Ion batteries Green technologies Expandable graphite Super capacitors Graphene Pebble bed reactors Renascor Resources 7
Slide 8: Key graphite market: lithium-ion batteries
Key graphite market: lithium-ion batteries For personal use only High-quality flake graphite is the key input in lithium-ion batteries used in electric cars Source: Company data, Macquarie Research, November 2015 Renascor Resources 8
Slide 9: Graphite supply
Graphite supply For personal use only Potential supply gap for spherical graphite – high quality, flake graphite used in lithium batteries Source: Company data, Macquarie Research, November 2015 Renascor Resources 9
Slide 10: Graphite market: security of supply
Graphite market: security of supply For personal use only Renascor is targeting sourcing high quality graphite from secure mining jurisdictions in Australia • China dominates current supply • Emerging production from Africa Source: Company data, Macquarie Research, November 2015 Renascor Resources 1
Slide 11: Arno graphite project
Arno graphite project For personal use only Major, high-grade graphite project in South Australia’s Eyre Peninsula Arno graphite project, showing location and significant nearby graphite deposits Renascor Resources 11
Slide 12: Arno project: overview
Arno graphite project: overview For personal use only High-grade graphite project with immediate potential to deliver large resource High-grade graphite • High-grade, coarse-flake graphite in all 8 holes drilled, including: ~ 19m @ 11.14% TGC (Siv004) ~ 20m @ 10.78% TGC (Siv005) Large tonnage potent
Slide 13: Arno project: location
Arno graphite project: location For personal use only Optimal location for development and production Favourable jurisdiction • South Australia • Supportive government • Freehold land Port, Road, Rail, Power • Established ports -- Port Lincoln, Whyalla • Highway - 10km • Railhead - 16km • Power - on
Slide 14: Arno project: size
Arno graphite project: size For personal use only Large-tonnage potential High-grade graphite High-grade, coarse-flake graphite in all 8 holes drilled Extensive EM conductive zones All holes shows strong correlation between high-grade coarse flake graphite and conductive anomalies Coarse flake High
Slide 15: Arno project: drill results
Arno graphite project: drill results For personal use only Long intervals of Hole Prospect Collar (MGAE) Collar (MGAN) From (metres) To (metres) Interval (metres) TGC %* high-grade TGC in SIV001 Siviour 632367 6245703 51 78 27 7.08 including 60 74 14 10.41** all eight holes 6245820 55 109 54 6.11 dr
Slide 16: Arno project: Siviour prospect
Arno graphite project: Siviour prospect For personal use only Immediate high-tonnage potential from Siviour prospect Immediate drill targets • Commencing this month Extensive untested EM zone • Immediately adjacent to existing high grade zones Siviour prospect: EM image (Ch15 Zcomponent) showing loc
Slide 17: Arno project: Siviour prospect
Arno graphite project: Siviour prospect For personal use only Existing drill N-S section shows high quality • High-grade • Coarse-flake • Flat-lying and shallow Siviour prospect: EM conductivity depth image for north-south Section 632340E (note: SIV003 100m west of section) Ou Renascor Resources 17
Slide 18: Arno project: Siviour prospect
Arno graphite project: Siviour prospect For personal use only Areas to west of existing drill section offer immediate potential for high- tonnage, high-quality resource at shallow depth • Extensive shallow strike zone • Immediate drill targets Siviour prospect: EM conductivity depth image for east w
Slide 19: Arno project: flake size
Arno graphite project: flake size For personal use only Metallurgical testing shows Arno offers large flake size needed for graphite growth markets High average flake size Metallurgical sighter test over historical core at margin of Paxton prospect returns 70% flake graphite (+75µm flake) Super jumb
Slide 20: Arno project: metallurgy
Arno graphite project: metallurgy For personal use only Positive preliminary metallurgy tests Simple bench flotation and gravity tests yield positive initial results • 87% recoveries • 93% purity of concentrates Extra large coarse flakes (>>600µm) from diamond core hole (CRD090) at Paxton prospect R
Slide 21: Drilling to start this month
Arno graphite project For personal use only Drilling to start this month Renascor Resources 21
Slide 22: Munglinup project
Munglinup project For personal use only Low-cost entry into proven graphite/nickel sulphide region of Albany-Fraser Range province of Western Australia Renascor’s Munglinup project (in blue), showing major mineral occurrences and regional structures Renascor Resources 22
Slide 23: Munglinup project
Munglinup project For personal use only High upside from potential discovery drilling Immediate discovery targets • Untested EM conductors • Drill-ready Low-cost • Acquisition for shares • Extensive reconnaissance exploration already completed • WA drill grant Untapped opportunity • “Dormant” projec
Slide 24: Munglinup project: graphite targets
Munglinup project For personal use only Graphite targets High-grade graphite Historic drill results of coarse flake graphite of up to 34.9% TCG within a target horizon of over 25km Proven large flake graphite province Immediately adjacent to Halbert’s graphite deposit (1.47Mt @ 18.2%TCG) Drill-ready
Slide 25: Next steps
Next steps For personal use only Fast-track through development and into production High-grade graphite discovery at Arno Renascor option to purchase Establish resource delineation drill program Flake size and purity Drilling JORC resource Metallurgy Scoping study Permitting Feasibility Offtake Cons
Slide 26: Share price drivers
Share price drivers For personal use only Catalysts for re-rating Imminent drill program at Arno graphite Strong news flow from fast-tracked program at Arno Value up-lift shift from exploration to development Renascor Resources 26
Slide 27: Important notice
Important notice For personal use only Forward Looking Statements This Presentation may include statements that could be deemed “forward-looking” statements. Although Renascor Resources Limited (the “Company”) believes the expectations expressed in such forward-looking statements are based on reason
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