Freehill Mining Ltd. · ASX:FHS
Freehill Mining — Investor Presentation (March 2019)
21 slides from Freehill Mining's investor presentation, Mar 13, 2019
Slide 1: Freehill Mining Limited Investor Presentation 2019
Freehill Mining Limited (ASX: FHS) Investor Presentation 2019
Slide 2: Important Information & Disclaimer
Important Information & Disclaimer The information contained in this Presentation is of a general nature and does not purport to include or summarise all information that an investor should consider when making an investment decision. The Presentation does not contain all the information which would
Slide 3: Overview
Overview § Owns 100% of the 398 Ha Yerbas Buenas magnetite project in Region IV, Chile § Trial mining and demonstration processing plant producing magnetite concentrates which are being sold and generating revenues § Recent completion of maiden 4,300m Reverse Circulation drill program to test variou
Slide 4: Concessions & Boundaries
YERBAS BUENAS 1-16 ARENAS Ill 1TO 15 ARENAS IV 1TO 10 ARENAS VI 1 TO 20 ARENAS X_1TO 18 TOTAL AYF MUZARD LTD SAN PATRICIO SPA SAN PATRICIO SPA SAN PATRICIO SPA. SAN PATRICIO SPA 04102-2723-1 04102-2714-2 04102-2715-0 04102-2755-K 04102-2937-4 Mining Lease Exploitation Lease Exploitation Lease Exploi
Slide 5: Corporate Snapshot
Corporate Snapshot Share price and volume (March 2018 – March 2019) $0.092 $0.082 $0.072 $0.062 $0.052 $0.042 $0.032 $0.022 $0.012 $0.002 7.0 6.0 Board & management 5.0 4.0 Chairman Ray Mangion 3.0 Chief Executive Officer & Company Secretary Peter Hinner 2.0 1.0 Chief Financial Officer Paul Davies 0
Slide 6: Company History & Project Features
Company History & Project Features § Listed on ASX January 2017. Previously, Freehill mined and processed iron sands and sold a 60-64% Fe magnetite product to the CAP/CMP Romeral § Product currently sold to Compania Minera Del Pacifico S.A ‘Romeral’ pellet feed plant under ongoing supply agreement F
Slide 7: Significant Infrastructure
Significant Infrastructure § 2km from the PanAmerican Highway Yerbas Buenas § 32km north of a well serviced city of 400,000 population § Coquimbo-La Serena provides support services to the southern Atacama mining industry § 18km from Chile’s next major export port, Cruz Grande at Chungungo that will
Slide 8: Trial Mining & Processing
Trial Mining & Processing In only 12 months November 2016 March 2017 February 2018 8
Slide 9: Sale of Magnetite from Trial Mining
Sale of Magnetite from Trial Mining § The Yerbas Buenas Project is the only company in Chile to have an offtake agreement with a CMP processing plant for the supply of magnetite concentrates § Compania Minera del Pacifico “CMP” is a division of CAP S.A , Chile’s largest iron ore and steel producer.
Slide 10: The Chilean Iron & Copper Belt
The Chilean Iron & Copper Belt Yerbas Buenas is in the company of good neighbours The Chilean iron & copper belt has dozens of operating iron ore & copper mines and numerous identified world class resources § Latin Americas oldest iron ore mine ‘El Tofo’ just 15km to the north along same fault § CAP
Slide 11: Geology
Geology § Project situated on the confluence of Atacama and El Tofo structural faults – significant features of the ‘Iron Belt’ in Chile § Tenement contains 7 major magnetic structures § CAP’s historical drilling in southern portion suggests that these Position of CAP drill holes are magnetite based
Slide 12: Northern Area Magnetics Survey and Structures
Northern Area Magnetics Survey and Structures § Northern portion of project area dominated by YB7 structure § Structure forms the northern half of a 2.3km N-S structure § 200m line spaced Ground Magnetics survey done in 2015 and a 50m line spaced one done in late 2018 § YB7 structure will be drilled
Slide 13: Northern Area Induced Polarisation Survey
Northern Area Induced Polarisation Survey • First IP survey completed late 2018 & second in January 2019 – “2” structures • Northern structure appears to come within 50m of surface – see image to right • Anomaly could confirm source of significant surface copper mineralisation • Several artisanal co
Slide 14: 2018 Drilling campaign
2018 Drilling campaign § 24 RC holes drilled by Major Drilling Group, 4300m total § Only southern half of tenement drilled for stage 1 drilling which covers about 1.1km of the 2.3km N-S magnetic structures § 16 holes drilled in YB1 structure to model a Mineral Resource Estimate § Most southern struc
Slide 15: 2018 Drilling campaign cont.
2018 Drilling campaign cont. § Significant intersections for the YB016 hole § Trend of graded intervals increasing in southerly direction from hole YB013 § Only 12-14m sand overburden on hole YB016 § Sand grades 6-8% Fe and would cover cost of a downhill stripping and processing method with Dozer Tr
Slide 16: 2018 Drilling campaign continued
2018 Drilling campaign continued Opposite views of the project site %Fe DTT %Al2O3 %SiO2 %TiO2 %MnO %CaO %K2O %MgO %P %S Davis Tube magnetic concentrate from 68.420 0.256 0.598 0.116 0.09 0.162 0.016 0.268 0.013 0.002 YB016 intervals %Fe DTT %Al2O3 %SiO2 %TiO2 %MnO %CaO %K2O %MgO %P %S Davis Tube ma
Slide 17: Exploration Targets
Exploration Targets The image below shows the Yerbas Buenas tenement relative to the El Tofo fault which hosts primarily iron ore mineralisation and the Atacama fault which typically host copper. Yerbas Buenas lies at the confluence of the two faults. Magnetic structures shown as pink dotted lines w
Slide 18: Gold and Copper Potential
Gold and Copper Potential § Numerous artisanal gold and copper tunnels and shafts § Very clear vein structures visible in El Dorado and Gavilan fault areas § Gold mineralisation only 1500m from current mining pit § Respected Chilean geologist has confirmed that geology is consistent with an IOCG (ir
Slide 19: Gold and Copper Potential cont.
Gold and Copper Potential cont. Northern half of tenement contains significant surface copper mineralisation Typical artisanal tunnel Examples of copper minerals found at surface 19
Slide 20: 2019 Value Catalysts
2019 Value Catalysts Completed tasks Scheduled tasks Declare maiden Drill YB6 Declare maiden List Nth.geophysics survey Install tertiary JORC Resource - structure JORC Resource - on - IP & 50m GMag crushing Magnetite Magnetite Copper ASX 2017 2018 2019 2020 2021 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q
Slide 21: Freehill Mining Limited
Freehill Mining Limited Tel: 03 8658 5976 info@freehillmining.com www.freehillmining .com