Nova Minerals Limited · ASX:NVA
Nova Minerals — Investor Presentation (January 2018)
35 slides from Nova Minerals's investor presentation, Jan 10, 2018
Slide 1: Corporate Presentation January 2018
For personal use only CORPORATE PRESENTATION JANUARY 2018
Slide 2: Nova Minerals: North America Focus
NOVA MINERALS: NORTH AMERICA FOCUS For personal use only Corporate Presentation December 2017 1
Slide 3: Disclaimer & Forward Looking Statements
DISCLAIMER & FORWARD LOOKING STATEMENTS For personal use only The information contained in this confidential Neither the issue of this Presentation nor any part of Neither this presentation nor any copy of it may be document (“Presentation”) has been prepared by its contents is to be taken as any fo
Slide 4: Company Background
COMPANY BACKGROUND For personal use only Shares On Issue: 701,891,788 Unlisted Options Nova Minerals Limited (ASX: NVA) Current Share Price: $0.045 ($0.020, 31-08-19): 7,500,000 ABN 84 006 690 348 52 Week High: $0.054 Unlisted Options Level 17, 500 Collins Street 52 Week Low: $0.005 ($0.0325, 17-11-
Slide 5: Board and Senior Management
BOARD AND SENIOR MANAGEMENT For personal use only Avi Kimelman – Managing Director & CEO Avi Kimelman has held senior positions in both local and overseas listed and private entities across a diverse range of investment disciplines. Avi has developed a reputation within the resources sector for iden
Slide 6: Lithium Project - Highlights
THOMPSON BROS LITHIUM PROJECT - HIGHLIGHTS For personal use only ADVANCED EXPLORATION LITHIUM PROJECT IN MANITOBA Highlights: • Project comprises 18 contiguous claims covering 1829 acres in Manitoba, Canada. • Right to earn up to 80% project interest by financing option commitments THOMPSON BROS LIT
Slide 7: Lithium Project - Highlights: Friendly Manitoba
THOMPSON BROS LITHIUM PROJECT - HIGHLIGHTS For personal use only FRIENDLY MANITOBA Stable Jurisdiction Nearby community of Snow Lake is mining friendly. First Nation consultation and engagement not required. THOMPSON BROS LITHIUM PROJECT T he Tanco Mine in Southeast Manitoba is one of two North Amer
Slide 8: Lithium in Manitoba
THOMPSON BROS - MANITOBA LITHIUM For personal use only LITHIUM IN MANITOBA Snow Lake Lithium District Thompson Bros. (NVA) 4.3 Mt averaging 1.3% Li2O (Historic) Flin Flon Area Sherritt Gordon (NVA) Thompson Area Mines 0.2 Mt @ 1.2% Li2O (Historic) SNOW LAKE Zoro (CSE: FAT) LITHIUM DISTRICT Red Cross
Slide 9: Access to Market
THOMPSON BROS - ACCESS TO MARKET For personal use only CLOSE PROXIMITY TO SIGNIFICANT MARKET END USERS • Tesla and its partners committed to up to $5 billion in investment in Nevada battery operations. • Plans to ramp up production to 1 million cars per annum by 2020. THOMPSON BROS “Tesla intends to
Slide 10: Thompson Bros – Exploration History
THOMPSON BROS - EXPLORATION HISTORY For personal use only THOMPSON BROS – EXPLORATION HISTORY • Main Pegmatite first worked in 1955 by CDL. • 26 diamond drill holes, 2,536m. • CDL estimated a tonnage of 5,260,000 tonnes grading 1.2% Li2O (NON-JORC COMPLIANT) based on their drilling results. • Second
Slide 11: 2016 Confirmation
THOMPSON BROS - 2016 CONFIRMATION For personal use only 2016 CONFIRMATION SAMPLING CAMPAIGN Purpose: Prove lithium content in rock samples analysed with modern technology in relation to broader results from historic work. Result: Representative rock chip samples collected during the visit identified
Slide 12: 2017 Confirmation
THOMPSON BROS - 2017 CONFIRMATION For personal use only 2017 GEO CHEM SAMPLING CAMPAIGN The majority of planned stage 1 geochemical sampling has been completed with all samples compiled and ready for low level multi element analysis. A total of 978 samples were taken and analysed. The results show a
Slide 13: 2017 Exploration
THOMPSON BROS - 2017 EXPLORATION For personal use only 2017 EXPLORATION CAMPAIGN • Assays and mapping work confirm existence of lithium mineralisation at Thompson #5 in a distinct, parallel structure. • Five samples greater the 4,000 ppm Lithium, with three samples greater than 6,000 ppm Lithium (ma
Slide 14: Additional Mineralisation: Thompson #5 Outcrop
THOMPSON BROS - ADDITIONAL MINERALISATION For personal use only THOMPSON #5 OUTCROP • Located approximately 500m north of the main pegmatite dyke. • In 1989, a representative sample from the area tested 2.93% Li2O. (Historical, NON-JORC Compliant). • Visited and sampled as part of 2016 Exploration P
Slide 15: Additional Mineralisation: Thompson #7 Outcrop
THOMPSON BROS - ADDITIONAL MINERALISATION For personal use only THOMPSON #7 OUTCROP Sherritt Gordon • Located approximately 700m south of the main pegmatite body. Zone • Recent mapping determined that Thompson #7 represents a mineralogically distinct system. • Lithium mineralisation yet to be determ
Slide 16: Upcoming Work Program
THOMPSON BROS - UPCOMING WORK PROGRAM For personal use only 2018 DRILLING PROGRAM • Drill permits received from relevant local and provincial departments. • Planning to systematically test the pegmatite to follow much of the historic drilling. • Drill holes will test the extent of the mineralisation
Slide 17: MOU with Far Resources
THOMPSON BROS - MOU WITH FAR RESOURCES For personal use only Nova has signed a strategic Memorandum of Understanding (‘MOU’) with Far Resources (FAR.CSE) under which the two parties have agreed to work together and collaborate in assessing the synergies between the companies neighbouring lithium pro
Slide 18: Valuation Comparables
THOMPSON BROS - VALUATION COMPARABLES For personal use only SIGNIFICANTLY UNDERVALUED RELATIVE TO PEERS IN SECTOR Confirmation of resources via upcoming drilling campaign anticipated to result in re-rating Hard Rock Lithium Company Comparisons As at: Market Company Name Code Stage Deposit Location M
Slide 19: Work Timetable & Value Generation Pathway
WORK TIMETABLE & VALUE GENERATION PATHWAY For personal use only WORK TIMETABLE January February March April May TASK NAME B M E B M E B M E B M E B M E Planning & Permitting Access Construction & Reclimation Drill Program Analysis Data Compilation, Reporting & Modelling VALUE GENERATION PATHWAY NOW
Slide 20: Terms of the Option and Proposed Joint Venture
ALASKA - PROJECT PORTFOLIO For personal use only THE TERMS OF THE OPTION AND THE PROPOSED JOINT VENTURE a. Stage 1 (30% interest) – Nova will earn an initial 30% initial interest in a new entity (Newco) to be interposed between AKM and AKCM through spending $300,000 on exploration over the first 12
Slide 21: Why Alaska?
ALASKA - PROJECT PORTFOLIO For personal use only WHY ALASKA? Alaska has been chosen by Nova Minerals as a primary focus area for the following reasons: • Outstanding geological pedigree. • Thriving mining industry poised to grow. • Deposits of global significance known; more to discover. ESTELLE GOL
Slide 22: Alaska's Mining Industry
ALASKA - PROJECT PORTFOLIO For personal use only ALASKA’S MINING INDUSTRY Producing Mines: Mining is a growing force in Alaska’s economy with six producing mines and nine advanced exploration projects. ★ Fort Knox Kinross Gold Corp ★ Red Dog Teck Resources Limited ★ Greens Creek Hecla Mining Company
Slide 23: Estelle - Advanced Gold Project in Alaska
ALASKA - PROJECT PORTFOLIO For personal use only ESTELLE - ADVANCED GOLD PROJECT IN ALASKA LOWER END: 57.72 Mt using an average grade of 0.6 g/t Au provides an exploration target of 1.11 Moz Au HIGHER END: 121.21 Mt using an average grade of 0.6 g/t Au provides an exploration target of 2.33 Moz Au C
Slide 24: Estelle Project is a District Scale Porphyry Project
ALASKA - PROJECT PORTFOLIO For personal use only ESTELLE PROJECT IS A DISTRICT SCALE PORPHYRY PROJECT Corporate Presentation December 2017 23
Slide 25: Comparable Large Tonnage Gold Deposits and Company Valuations
ALASKA - PROJECT PORTFOLIO For personal use only COMPARABLE LARGE TONNAGE GOLD DEPOSITS AND COMPANY VALUATIONS MARKET PROJECT RESOURCE STAGE OWNER CAP (AUD) Aitik Gold resource: Indicated 1,3Bt @ 0.09g/t Au, 0.8 Ag, 0.16% Cu & 23 Mo Production Boliden $11.97b Fort Knox Gold resource: Measured & Indi
Slide 26: Large-Scale Porphyry Deposits
ALASKA - PROJECT PORTFOLIO For personal use only LARGE-SCALE PORPHYRY DEPOSITS – LOOK WHERE THERE’S LOTS OF THEM • Alaska home to the largest porphyry deposit in the world – Pebble Mine. • New Copper-Gold discoveries being made in the gold rich Alaskan portion of the Tintina-Cordilleran Gold Provinc
Slide 27: Value in Large-Scale Porphyry Deposits – Batu Hijau
ALASKA - PROJECT PORTFOLIO For personal use only VALUE IN LARGE-SCALE PORPHYRY DEPOSITS – BATU HIJAU • Large porphyry Au-Cu Situated in Sumbawa, Indonesia. • 900 mt @ 0.4 g/t Au & 0.5 % Cu. • In 2016, the mine produced ~477m lb Cu and 800koz Au. • Batu Hijua generated more free cash flow for Newmont
Slide 28: Chip Loy (Prospective Ni, Cu, Co Sulphides Project)
ALASKA - PROJECT PORTFOLIO For personal use only CHIP LOY (PROSPECTIVE NI, CU, CO SULPHIDES PROJECT) Chasing the next NOVA/BOLLINGER: Geological setting favours nickel sulphide discoveries. The Chip-Loy deposit contains disseminated to massive sulfides, mainly pyrrhotite and chalcopyrite, with minor
Slide 29: Nickel Discovery: History of Booms
ALASKA - PROJECT PORTFOLIO For personal use only NICKEL DISCOVERY: HISTORY OF BOOMS Nickel explorers gain remarkable share price increases on the back of exploration success Western Areas (ASX: WSA) – market cap at IPO of $7.4m, now $1.2 billion Jubilee Mines – market cap of $20m at discovery, taken
Slide 30: Chip Loy – Nickel Market Supply and Demand
ALASKA - PROJECT PORTFOLIO For personal use only CHIP LOY – NICKEL MARKET SUPPLY AND DEMAND Electric vehicle battery growth to disrupt markets: • Market dynamics to change over the coming years as a result of electric vehicle batteries… 10 - 40% increase in nickel demand by 2025. • Electric vehicle
Slide 31: Bowser Creek (Silver, Zinc, Lead)
ALASKA - PROJECT PORTFOLIO For personal use only BOWSER CREEK (SILVER, ZINC, LEAD) • During a heavy metals investigation of the southern Alaska Range in 1967 a U.S. Geological Survey Team discovered occurrences of lead, zinc and silver of potential economic significance. • The reported cost of this
Slide 32: Windy Fork (REE's)
ALASKA - PROJECT PORTFOLIO For personal use only WINDY FORK (REE’S) • Cerium enriched, REE placer gravels concentrations occurs throughout large areas of the project area. • Systematic surface sampling of the placer deposit was completed by Barker (1991) during 1988. • Target drilling of REE placer
Slide 33: Ozzna Creek (Base Metals Project)
ALASKA - PROJECT PORTFOLIO For personal use only OZZNA CREEK (BASE METALS PROJECT) • The Ozzna creek prospect consists of base metal sulfide veins and replacement deposits within an extensive quartz-sericite-pyrite halo rimming a 450 meter wide, rugged, quartz monzonite breccia pipe, which forms the
Slide 34: Investment Summary
INVESTMENT SUMMARY For personal use only INVESTMENT SUMMARY • Strategically positioned for strong, long-term growth in lithium. • A significant opportunity in the lithium market, with well-defined development pathway at Thompson Brothers Lithium Project with access to market. • Given the current sho
Slide 35: Contact
CONTACT For personal use only Nova Minerals Limited (ASX: NVA ) ABN 84 006 690 348 Level 17, 500 Collins Street Melbourne, Victoria 3000, Australia T + 61 3 9614 0600 | F + 61 3 9614 0550