Renascor Resources Ltd · ASX:RNU
Renascor Resources — Noosa Mining and Exploration Conference 2016
29 slides from Renascor Resources's conference presentation, Jul 21, 2016
Slide 1: Developing Australia's Largest High-Grade Graphite Deposit
Renascor Resources Limited ASX code: RNU Renascor For personal use only Resources Limited Developing Australia’s Largest High-Grade Graphite Deposit Presented at Noosa Mining and Exploration Conference 21 July 2016
Slide 2: Important notices
Important notices 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 reaso
Slide 3: Investment highlights
Investment highlights For personal use only Australia’s Largest Graphite Deposit • Siviour deposit is large, shallow and open along strike • Considerable scope to add to resource with follow-up drill program • Drilling currently underway High Quality Deposit • Renascor is targeting a coarse flake, h
Slide 4: Renascor corporate profile
Renascor corporate profile For personal use only Adelaide-based management team with track record of discovery and development in South Australia ASX code RNU Shares on issue 363.0M Options 64.4M* Cash (Estimate at 30 Jun 16) $790K Conditional placement proceeds $589K Share price (14 Jul 16) $0.026
Slide 5: Experienced board & management team
Experienced board & management team Stephen Bizzell, Non-Executive Chairman For personal use only Stephen is highly experienced in the fields of corporate restructuring, debt and equity financing, mergers and acquisitions and has over 20 years corporate finance and public company management experien
Slide 6: Focused graphite strategy
Focused graphite strategy For personal use only Strategy To capitalise on the highly encouraging progress to date at Siviour with the establishment of Australia’s largest graphite resource, Renascor intends to continue to progress toward goal of becoming a low-cost producer of high-quality coarse fl
Slide 7: Siviour graphite deposit
Siviour graphite deposit For personal use only Siviour graphite deposit in South Australia has quickly emerged as a potential commercial graphite development with several key components already established Deposit size and quality Australia’s largest graphite resource with ample scope to grow Locati
Slide 8: Re-rating potential
Re-rating potential For personal use only Triggers for share price re-rating: • Market recognition of new Siviour discovery • Expansion of Siviour resource • Definitive mineral processing • Scoping study Renascor Resources 8
Slide 9: Graphite market
Graphite market For personal use only High tech growth areas are adding to historical industrial uses and driving increased demand for flake graphite Lithium Ion batteries Graphene Expandable graphite Super capacitors Green technologies Pebble bed reactors Renascor Resources 9
Slide 10: Why graphite in Australia?
Why graphite in Australia? For personal use only Graphite market needs secure supply • China dominates current supply • Emerging production from Africa Renascor aims to provide secure supply from Australia Source: Company data, Macquarie Research, November 2015 Renascor Resources 10
Slide 11: Arno graphite project
Arno graphite project For personal use only Located centrally in Eyre Peninsula graphite corridor Arno graphite project, showing location and nearby graphite deposits Renascor Resources 11
Slide 12: Arno graphite 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 13: Arno graphite project
Arno graphite project For personal use only Multiple graphite prospects –first drill program (Jan 2016) leads to Siviour discovery Carpa prospect Mt Priscilla prospect Siviour graphite Lipson Cove prospect deposit* Dominant land position ~1,400km2 Electromagnetic image showing Arno Graphite Project,
Slide 14: Australia's largest graphite deposit
Siviour graphite deposit For personal use only Australia’s largest graphite deposit JORC-compliant Mineral Resource of 16.8Mt @ 7.4% TGC for 1,243,200t of contained graphite* High-grade portion: 5.9Mt @ 10.0% TGC for 590,000t of contained graphite* JORC Mineral Resource Estimate by Optiro Pty Ltd –
Slide 15: Siviour deposit – flat-lying and near-surface
Siviour deposit – flat-lying and near-surface For personal use only Siviour has unique shallow, flat-lying orientation Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 15
Slide 16: Other graphite deposits are deeper, more vertical
Siviour deposit – flat-lying and near-surface For personal use only Other graphite deposits are deeper, more vertical Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 16
Slide 17: Other graphite deposits are deeper, more vertical
Siviour deposit – flat-lying and near-surface For personal use only Other graphite deposits are deeper, more vertical Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 17
Slide 18: Other graphite deposits are deeper, more vertical
Siviour deposit – flat-lying and near-surface For personal use only Other graphite deposits are deeper, more vertical Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 18
Slide 19: Siviour offers lower strip ratio, more efficient mining
Siviour deposit – flat-lying and near-surface For personal use only Siviour offers lower- strip ratio, less waste, more efficient mining Siviour prospect: Geological cross-section for north-south Section 631800E, showing graphite-mineralised zones Renascor Resources 19
Slide 20: Ample scope to grow resource
Siviour – ample scope to grow resource For personal use only Siviour remains open at shallow depths Undrilled high conductivity targets to west of Indicated Resource Exploration target and new EM anomalies to immediate east Additional EM targets along-strike from Inferred Resource (to west) Electrom
Slide 21: Resource upgrade potential
Siviour – resource upgrade potential For personal use only Siv021: 35m @ 6.9%* Siv010: 30m @ 9.0%* Siv009: 36m @ 5.8%* Siv003: 19m @ 5.9%* West-east EM cross-section for Section 6246000N showing existing drill holes and High potential to upgrade resource results within Indicated Resource and Recent
Slide 22: High-grade drill targets
Siviour – high-grade drill targets For personal use only South-north EM cross-section of 631200E, showing northern, central and southern portions of western EM Drilling underway on largest EM anomaly anomaly and planned drill holes Ten times the conductive response of anomaly within Indicated resour
Slide 23: Versus other Australian graphite deposits
Siviour versus other Australian graphite deposits For personal use only Potential to reach globally competitive scale Renascor Resources 23
Slide 24: Arno graphite project – flake size
Arno graphite project – flake size For personal use only Petrological testing shows abundance of flake graphite at Siviour High proportion of coarse flake Siviour high-grade drill samples return: • 62% in super-jumbo (+500µm) category • Up to 1,600µm Strong basis for producing high quality concentra
Slide 25: Arno graphite project – metallurgy
Arno graphite project – metallurgy For personal use only Positive preliminary metallurgy tests at adjacent Paxtons prospect Simple bench flotation and gravity tests yield positive initial results • 87% recoveries • Up to 94.9% purity of concentrates • Super-jumbo (600µm) graphite Comprehensive miner
Slide 26: Arno graphite project - conclusions
Arno graphite project - conclusions For personal use only Siviour is large and growing Australia’s largest graphite deposit, with potential to reach globally competitive scale High-quality coarse flake graphite High proportion of valuable jumbo and super-jumbo flake from petrological samples Potenti
Slide 27: Munglinup project – lithium and graphite
Munglinup project – lithium and graphite For personal use only High upside potential from lithium and graphite prospects Young River lithium prospect – elevated lithium in Archean greenstone belt adjacent to Mt Cattlin lithium mine Drill-ready EM targets adjacent to high-grade Halbert’s graphite dep
Slide 28: Other projects
Other projects For personal use only Project portfolio includes additional high-upside exploration projects Eastern Eyre -- Copper Advance large-scale copper prospect, with results including13m at 1.45% Cu, 66 ppm Ag and 0.17% Co Olary* – Lithium/Gold Elevated lithium in outcropping pegmatites Shall
Slide 29: Forward work program
Forward work program For personal use only Renascor intends to fast-track Siviour through development and into production High-grade graphite at Arno Renascor option to purchase Resource delineation drill program Flake size and purity Initial JORC resource Drilling to expand resource* Mineral proces
Renascor Resources — Noosa Mining and Exploration Conference 2016 on 6ix