Platina Resources Limited · ASX:PGM
Platina Resources — RIU Fremantle Explorers Conference 2020
24 slides from Platina Resources's conference presentation, Feb 19, 2020
Slide 1: New Frontiers, New Growth – Investor Presentation
For personal use only Photo positional only. To be replaced with drilling photo. NEW FRONTIERS NEW GROWTH Investor Presentation Corey Nolan, Managing Director FEBRUARY 2020
Slide 2: Advancing projects around the world
COMPANY PROFILE Advancing projects around Skaergaard For personal use only the world Greenland 100% owned Gold, Platinum Group Metals • Platina controls a portfolio of precious, speciality and base metal Blue Moon projects at various stage of California Earning 70% development Zinc, Copper, Gold, Si
Slide 3: Corporate overview
COMPANY PROFILE Corporate overview For personal use only Share price Market capitalisation Top 20 shareholders A$1.8c 14 February 2020 $5.8m 46% 52 week high 8.7c, low $1.8c Major shareholders Shares on issue Cash Cairnglen Investments 12.3% 323m $802K Electrum Global Holdings Yandal Investments 6.3
Slide 4: 2020 corporate objectives
COMPANY PROFILE 2020 corporate objectives For personal use only Blue Moon Skaergaard • Resource expansion drilling • Identify an investment partner • Metallurgical testwork • Permitting Munni Munni • Currently assessing options given the Platina Scandium Project significant increase in the price of
Slide 5: Project Snapshot: Blue Moon Project
PROJECT SNAPSHOT USA Blue Moon Project For personal use only A drill-ready, high-grade Joint Venture zinc-copper-gold deposit earning 70% with significant resource expansion and development potential PLATINA RESOURCES ASX: PGM SLIDE / 5
Slide 6: Resource with significant expansion potential
BLUE MOON PROJECT Resource with significant expansion For personal use only potential • Historical drilling – 43,000m in ~113 holes • High-grade, Volcanogenic Massive Sulphide deposit hosted in rhyolite • High-grade zinc, copper, gold and silver Main Vein • Potential to expand the existing mineral r
Slide 7: Large, well-defined resource
BLUE MOON PROJECT Large, well-defined resource* For personal use only Foreign Inferred Mineral Resource @ 4% ZnEq Cut-off * Cautionary Note - National Instrument 43-101 is a national Tons Zinc Copper Lead Gold Silver instrument for the Standards of Disclosure for Mineral Projects within Canada. The
Slide 8: BMZ80 – three zones of mineralisation
BLUE MOON PROJECT BMZ80 – three zones of mineralisation 19.58m at 8.41% Zn, 0.49% Cu, 1.65g/t Au & Significant resource 82.7g/t Ag from 398m, including: expansion potential For personal use only • 1.26m at 4.57% Zn, 0.37% Cu, 1.51% Pb, 6.71g/t Au & 513 g/t Ag from 398m highlighted from • 2.16m at 16
Slide 9: Recent drilling highlights gold and silver potential
BLUE MOON PROJECT BMZ78 Recent drilling W BMZ80 BMZ79 E For personal use only highlights gold and BMZ80 – three zones of mineralisation silver potential 19.58m at 8.41% Zn, 0.49% Cu, 1.65g/t Au & 82.7g/t Ag from 398m, including: • BMZ-78/79/80 represents the • 1.26m at 4.57% Zn, 0.37% Cu, 1.51% Pb,
Slide 10: Tenement wide exploration potential
BLUE MOON PROJECT Tenement wide exploration For personal use only potential • Extent of the alteration indicates a large mineralising system may extend south of the current resource • Geophysical anomalies along strike • Untested trend of coincident soil and geophysical anomalies • Blue sky potentia
Slide 11: Simple metallurgy
BLUE MOON PROJECT Simple metallurgy For personal use only • 1988 Lakefield Research* results indicated potential: • High zinc recoveries and concentrate grades • High copper recoveries into concentrates containing gold and silver • Low iron and deleterious elements in the zinc concentrate • Conventi
Slide 12: Major drilling program planned
BLUE MOON PROJECT Major drilling program planned For personal use only • 1,100 metres completed in December 2019 • 8,900m drilling program planning underway • Infill drilling for resource conversion • Exploration drilling for resource expansion • Initial focus on new high-grade zone within deposit –
Slide 13: Located close to infrastructure
Reno BLUE MOON PROJECT Located close to infrastructure For personal use only • Located 193 km east of San Francisco in Mariposa County • 1 km from low-cost hydro-electric power • 150 km to Oakland export port via sealed roads • Labour and contractors available locally and Reno Oakland Blue Moon Zinc
Slide 14: Pathway to production
BLUE MOON PROJECT Pathway to production For personal use only 01 Infill and resource expansion drilling program to expand Mineral Resource 02 Metallurgical testing to confirm process flow sheet Pre-Feasibility Study 03 Update of baseline environmental studies 04 PLATINA RESOURCES ASX: PGM SLIDE / 14
Slide 15: Platina Projects
PROJECT SNAPSHOT Platina Projects For personal use only Our existing assets still have Realising full value real value. of other Platina projects remains a priority. Skaergaard project, Greenland PLATINA RESOURCES ASX: PGM SLIDE / 15
Slide 16: Skaergaard Gold & PGM Project
EXISTING ASSETS • Located on the east coast of Greenland • Updated Scoping Study in December 2019 Skaergaard For personal use only • 100% owned by Platina • Palladium market fundamentals robust – Gold & PGM Project price peaked over US$2,500/oz in January • 68 drill holes and 35,000m of diamond Seek
Slide 17: Palladium more precious than gold
MARKET FUNDAMENTALS Palladium more precious than gold For personal use only • One of the best performing metals in 2019 • Price trading above US$2,500/oz • Palladium's largest single use (~85%) is in automotive catalytic converters which clean petrol vehicle exhaust emissions • Few primary supply so
Slide 18: Platina Scandium Project
EXISTING ASSETS Platina Scandium Project Scandium market development and offtake For personal use only program underway Start up CAPEX Stage 2 CAPEX A$68m A$16m Post-tax NPV (8% real) Post-tax IRR A$234.0m 29% Capital payback Annual Revenue (avg) 5.3 years A$77m Annual EBITDA (avg) Price forecast A$
Slide 19: Significant value upside
PLATINA INVESTMENT PROPOSITION 292 Significant value upside ADRIATIC For personal use only METALS 127 • Blue Moon historical expenditure ~$10 million Explorer NEW CENTURY Market Capitalisation ($A million) Developer • Significant value in the ASX Zn/Pb peer group* RESOURCES Producer 110 • Platina va
Slide 20: Summary investment proposition
PLATINA RESOURCES Summary investment proposition For personal use only • Blue Moon project underpinned by a large resource with significant expansion potential • News flow to increase with Blue Moon drilling and feasibility work programs • Market capitalisation underwritten by existing portfolio of
Slide 21: Disclaimer
DISCLAIMER CAUTIONARY AND FORWARD-LOOKING STATEMENTS COMPETENT PERSON STATEMENT For personal use only This presentation contains “forward-looking information” which may include, but is not limited to, The information in this report that relates to Blue Moon Exploration Results is based on informatio
Slide 22: Peer comparison company description
APPENDIX 2 PEER COMPARISON COMPANY DESCRIPTION For personal use only Company & Website ASX Status Description Code New Century Zinc NCZ Producer An Australian based zinc and lead producer operating the Century Mine tailings project in Queensland, www.newcenturyzinc.com.au Australia. Heron Resources
Slide 23: Peer comparison company description
APPENDIX 2 PEER COMPARISON COMPANY DESCRIPTION For personal use only Company & Website ASX Status Description Code Myammar Metals MYL Explorer Controls a 51% majority participating interest in the world class Bawdwin deposit located in Shan State, www.myammarmetals.com.au Myanmar. Pre-Feasibility St
Slide 24: Contact
For personal use only CONTACT Corey Nolan Managing Director Telephone: +61 7 5580 9094 Email: admin@platinaresources.com.au platinaresources.com.au
Platina Resources — RIU Fremantle Explorers Conference 2020 on 6ix