Beowulf Mining Plc · LSE:BEM
Beowulf Mining — ProHearings, Stockholm (October 2020)
25 slides from Beowulf Mining's conference presentation, Oct 26, 2020
Slide 1: Beowulf Mining plc, ProHearings Stockholm
BEOWULF MINING plc 16 October 2020, ProHearings, Stockholm SCANDIAN VARDAR KALLAK FENNO- 0
Slide 2: Disclaimer
Disclaimer The information contained in this confidential document (“Presentation”) has been prepared by Beowulf Mining Plc (the “Company”). It has not been fully verified and is subject to material updating, revision and further amendment. This Presentation has not been approved by an authorised pe
Slide 3: Introduction to the Company
Introduction to the Company Diversified by geography and commodity, focus on developing sustainable mining operations, offering security of supply Country Business Commodity Sweden Kallak Iron ore Finland Fennoscandian Resources Graphite Kosovo Vardar Minerals Base metals, gold and silver Shareholde
Slide 4: Current Positioning and Outlook
Current Positioning and Outlook Playing our part in a Nordic and European ‘Green Transition’ KALLAK FENNOSCANDIAN KOSOVO Sweden’s largest drill defined iron Developing a production base of Exploration in the highly ore deposit, with the ability to natural flake graphite projects in prospective Tethy
Slide 5: Sustainable Mining
Sustainable Mining Planning for the lifecycle of a mining project from ‘Concept to Closure and Beyond’ • Responsible extraction of natural resources to meet society’s needs for metals • Working in partnership and investing in the communities where we operate • Collaborating, innovating, engineering
Slide 6: Jokkmokk Iron Mines AB
Jokkmokk Iron Mines AB > gG BEOWULF MINING plc
Slide 7: Kallak Iron Ore Project
Kallak Iron Ore Project ‘Market leading potential’ - 71.5 per cent iron magnetite concentrate with low levels of impurities Kallak North • > SEK 80 million invested Kallak North • Potential resource up to 250 Mt (including exploration target) • Conceptual 25-year production life Kallak South Explora
Slide 8: 'Big Picture' – Northern Connections
‘Big Picture’ – Northern Connections Green business ecosystem – collaboration to maximise benefits 7
Slide 9: 'Made in Sweden'
‘Made in Sweden’ “The right conditions for a strong Swedish mining and minerals industry.” 8
Slide 10: Exploitation Concession Awarded
EXPLOITATION CONCESSION AWARDED Blueprint for Sustainable Mining 9 2024-2025
Slide 11: Fennoscandian Resources
@) FENNOSCANDIAN RESOURCES gG BEOWULF MINING plc
Slide 12: Graphite in Finland
Graphite in Finland Fennoscandian is building a sustainable and transparent supply chain of natural flake graphite, that maximises resource conversion to final products and contributes to Finland achieving its ‘Green Transition’ goals. Four development areas: 1. Mine production base of high grade co
Slide 13: European Battery Production
European Battery Production For European Cell Manufacturing 5.9% OF 455.6 GWh =26.9 GWh 15.5% OF 1,587.1 GWh =246.0 GWh 17.3% OF 2,937.5 GWh =414.8 GWh 800 tonnes of graphite anode per GWh 800 tonnes of graphite anode per GWh 800 tonnes of graphite anode per GWh Demand = 21,520 tonnes Demand = 196,8
Slide 14: Aitolampi Graphite Project
Aitolampi Graphite Project Almost perfect crystallinity, an important prerequisite for high tech applications, such as lithium ion batteries • Alkaline purification produced: • 99.86% C(t) for +100-mesh concentrate • 99.82% C(t) for -100-mesh concentrate • Acid purification produced: • 99.60% C(t) f
Slide 15: Aitolampi – Indicative Timeline
Aitolampi – Indicative Timeline Source: Roskill, January 2019 Developing Finnish ‘Battery Cluster’ 2021-2022 2022-2024 2024-2025 Environmental Initiate Scoping Impact Build/ Study Assessment/ Produce Permitting Environmental Baseline Pre-feasibility, Feasibility Study Commission, ramp-up Studies Fin
Slide 16: Vardar Minerals
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Slide 17: Vardar Minerals
Vardar Minerals • Beowulf has invested approximately £1.6m in Vardar and owns 46.1% of the company • Vardar has two projects both of which are located in prolific Tethyan Belt: • Mitrovica: lead, zinc, silver, copper, gold • Viti: copper, gold, lithium • The Tethyan Belt of south-east Europe can be
Slide 18: Classic Porphyry Model Features
Classic Porphyry Model Features Large mineralised systems with 2 potential for several types of deposit: 4 1. Stan Terg lead-zinc-silver mine 5 2. Majdan Peak gold target 3 1 3. Mitrovica South 4. Wolf Mountain lead-zinc-silver 5. Viti porphyry copper-gold target Translation: Porphyry = Porfyr (Swe)
Slide 19: Mitrovica Project
Mitrovica Project • Immediately west and northwest of the world-class Stan Terg lead-zinc-silver mine • Licence includes numerous base and precious metal Wolf Mountain : Pb-Zn-Ag soil sampling anomalies, gossans and extensive alteration typical in porphyry related systems • Priority targets include:
Slide 20: Wolf Mountain (zinc-lead-silver)
Wolf Mountain (zinc-lead-silver) • Mapping, trenching and drilling confirm extensive lead-zinc-silver B WM007 B’ 489300 E 4759600 N 4759400 N 4759000 N WM 1100 RL 006 1100 RL mineralisation over an area 800 metres x 400 metres Mapping control WM005 1050 RL 1050 RL 5 0 m 50 m • Induced Polarisation a
Slide 21: Majdan Peak (gold)
Majdan Peak (gold) • Extensive gold anomalies associated with mapped advanced argillic alteration • Gold trends supported by multi-element soil sampling anomalies • Scale and size of the anomaly, 1400 metres x 700 metres, together with coincident multi-element anomalies and extensive hydrothermal al
Slide 22: Mitrovica South (zinc-copper-gold)
Mitrovica South (zinc-copper-gold) Legend • Mapped zinc mineralisation associated with Rock samples Zn_ppm * # 2 - 1440 trachyte dykes * # 1441 - 5380 # 5381 - 10950 * * # 10951 - 20300 # * 20301 - 35400 • Shares similarities with Stan Terg deposit Soil sampling anomalies Cu Pb located just 4 kilome
Slide 23: Viti - Metal Creek Porphyry Target
Viti - Metal Creek Porphyry Target • Intense alteration typically associated with porphyry systems identified • Several gossans, hydrothermal breccias and iron- stockworks identified with anomalous copper, gold and zinc Legend A) Outcropping intense argillic alteration and stockwork, B) Altered trac
Slide 24: Value Drivers
Value Drivers Defining our business in the context of a Climate Emergency KALLAK FENNOSCANDIAN KOSOVO Near-term: Near-term: Near-term: Exploitation Concession – Fennoscandian is capitalising on Geophysics programme results ‘forthcoming decision’ – potential momentum in the Finnish battery expected f
Slide 25: Kurt Budge, Chief Executive Officer
www.beowulfmining.com Kurt Budge Chief Executive Officer kurt.budge@beowulfmining.com
Beowulf Mining — ProHearings, Stockholm (October 2020) on 6ix