Greenvale Energy Limited · ASX:GRV
Greenvale Energy — Resources Rising Stars Investor Luncheon Series May 2021
24 slides from Greenvale Energy's conference presentation, May 18, 2021
Slide 1: Resources Rising Stars Investor Luncheon Presentation
ASX ANNOUNCEMENT 18 May 2021 RESOURCES RISING STARS INVESTOR LUNCHEON PRESENTATION For personal use only In accordance with our continuous disclosure obligations, enclosed is a copy of the presentation to be made by Mr. Neil Biddle, Managing Director of Greenvale Mining Limited, at the Resources Ris
Slide 2: A dual roadway to growth and value creation
For personal use only ASX: GRV A dual roadway to growth and value creation ü Alpha: fast-tracking the development of a unique torbanite deposit ü Georgina: unlocking a new IOCG copper-gold province RRS Investor Luncheon Series, May 2021 | Neil Biddle, Managing Director
Slide 3: Important Information Disclaimer
I M P O R TA N T I N F O R M AT I O N DISCLAIMER 2. Do not accept any responsible to inform the recipient or any other person of any matter arising or This document and all other information (whether in writing or otherwise) which may be made available, or coming to its notice which may affect any m
Slide 4: Corporate Summary
C O R P O R AT E S U M M A RY SHAREHOLDER SNAPSHOT For personal use only CAPITAL STRUCTURE Shares M 393 Board & Options M - Management 25% Share price (11 May 2021) A$ $0.21 Market Capitalisation (11 May 2021) A$ $82.5m Cash & Investments A$ $10.21m Top 20 Shareholders % 53% Other 75% SHARE PRICE 0.
Slide 5: On the road to success at Alpha
ALPHA TORBANITE PROJECT ON THE ROAD TO SUCCESS AT ALPHA For personal use only • Located in central QLD, 500km west of Rockhampton • Discovered in 1939 – 80 year history of exploration and testing • Torbanite is an ultra high grade and very pure oil shale, up to 650 litres of hydrocarbons per tonne •
Slide 6: Road to Success – Bitumen Supply & Demand
ALPHA TORBANITE PROJECT ROAD TO SUCCESS – BITUMEN SUPPLY & DEMAND For personal use only Supply: • Australia imports 100% of its bitumen • Top five import sources – South Korea, China, Singapore, Thailand and Malaysia • 44% comes from NE Asia, predominately China – unstable trade relationship • South
Slide 7: Road to Success – Bitumen Pricing
ALPHA TORBANITE PROJECT ROAD TO SUCCESS – BITUMEN PRICING Average HIGH/LOW Global Bitumen FOB Prices (US$/t) For personal use only • Rising oil price set to increase prices of petrochemical $500 products (including bitumen) $450 $400 $350 • Steady increase in bitumen FOB pricing globally $300 US$/t
Slide 8: Activated Carbon Market
ALPHA TORBANITE PROJECT A C T I VAT E D C A R B O N M A R K E T For personal use only • Fast growing commodity market, worth ~US$5B pa in 2019 and growing at a consensus annual growth rate of 8% • Activated carbon market expected to be worth US$14.07B by 2027* • Global growth in activated carbon dem
Slide 9: Road to Success – Alpha Process Retort
ALPHA TORBANITE PROJECT ROAD TO SUCCESS – ALPHA PROCESS RETORT For personal use only N • “Retorting” is the refining process, a large oven designed to operate at temperatures up to 800 degrees C • Drill core will provide samples for reservoir characterisation, including resource quality, organic pet
Slide 10: Road to Success – Alpha Drilling Update
ALPHA TORBANITE PROJECT ROAD TO SUCCESS – ALPHA DRILLING UPDATE For personal use only N • Preliminary open hole (non-core) drilling program completed March 2021 • 49 holes for 3,027m on a ~500m x 500m grid spacing • Drill-hole depths ranged from 38m to 116m, averaging approximately 62m, with all hol
Slide 11: Torbanite In-Situ Strip Ratio Model
ALPHA TORBANITE PROJECT TORBANITE IN-SITU STRIP For personal use only R AT I O M O D E L • Scoping Study completed by SRK Consulting in 2019 • Assumed mine plan of 7Mt over 10-year mine life at 700ktpa • Torbanite zone approx. 800ha (~4km x 2km) • Extends from 5m depth on eastern side to maximum 80m
Slide 12: Exploring for under-cover extensions of the East Tennant Creek IOCG Provinces
GEORGINA IOCG PROJECT For personal use only Exploring for under-cover extensions GR of the East Tennant Creek Iron-Oxide V Copper Gold Provinces in the Northern Territory, Australia 11
Slide 13: Georgina Tenements – Extensive Footprint
GEORGINA IOCG PROJECT – EXTENSIVE FOOTPRINT GEORGINA TENEMENTS For personal use only • Seven granted tenements • Two under application • Total Area 4,475km2 • All tenements cover high prospectivity areas • Two NDI diamond holes in current program • Coincident geophysics with drilling 12
Slide 14: Unlocking the Georgina Basin's Hidden Potential
GEORGINA IOCG PROJECT For personal use only UNLOCKING THE GEORGINA BASIN’S HIDDEN POTENTIAL • 15,261 line kilometres completed • High-res aero-mag completed over EL’s 32282-96 NW Group & EL 32295 Central Group NW GROUP • Merged Magnetic and Gravity Data over EL32282-32296 indicate multiple high-mag
Slide 15: Magnetic and Gravity Data Sets EL32282-32296
GEORGINA IOCG PROJECT For personal use only • Two drill ready targets identified in first round of Airborne magnetics High-Mag Bullseye Targets • Three additional high priority targets identified MAGNETIC AND GRAVITY DATA SETS EL32282-32296 14
Slide 16: Planned Drill Hole Locations
GEORGINA IOCG PROJECT For personal use only • HIGH MAG ANOMALIES HOSTED BY ZONES OF MAGNETIC DESTRUCTION • INTERPRETED AS HEMATITE RICH ALTERATION ZONES PLANNED DRILL H O L E L O C AT I O N S EL32282 & 32296 15
Slide 17: Targeting IOCG Mineralisation Central Tenements
GEORGINA IOCG PROJECT For personal use only TARGETING IOCG MINERALISATION CENTRAL TENEMENTS 16
Slide 18: Magnetics Comparison Tennant Creek Field with ELs
GEORGINA IOCG PROJECT MAGNETICS COMPARISON TENNANT CREEK FIELD WITH EL’S 32283,84,95 For personal use only 17
Slide 19: Bouger Gravity Comparison Tennant Creek Field
GEORGINA IOCG PROJECT BOUGER GRAVITY COMPARISON TENNANT CREEK FIELD TO EL’s 32283,84,95 For personal use only 18
Slide 20: Insights from the National Drilling Initiative
GEORGINA IOCG PROJECT For personal use only INSIGHTS FROM THE NATIONAL DRILLING INITIATIVE NDIBK05 and NDIBK10, were completed to depths of 293.8m and 765.7m, respectively, adjacent to Greenvale’s tenement – EL32295. • NDIBK05&10 intersected broad zones of the Proterozoic Waramanga Formation • Stron
Slide 21: NDIBK05 core description
NDIBK05: (199.4m-202.7m) Altered, sheared unit. Looks granitic in composition. Brick red colour from hematite-potassic alteration. Lower contacts of the Georgina Basin with underlying granite shows strong hematite. For personal use only 20
Slide 22: NDIBK10 core description (756.06–759.32)
NDIBK10 (756.06 – 759.32): Equicrystalline qtz-plg-kfp-bio-mus granodiorite with poorly-developed schistose texture expressed mostly by bio and mus. Hem-altered 2 cm chilled margin (only slightly finer-grained than rest of unit) on lower boundary. No chilled margin or alteration at upper margin. Bio
Slide 23: NDIBK10 core description (762.57–765.67)
NDIBK10 (762.57 – 765.67): Qtz-biotite-amphibole schist of psammitic protolith and minor granitoid protolith (kfp regions). Cut by qtz-kfp-muscovite pegmatites. All poly-deformed and gneissose in part. Minerals present (quartz, biotite, amphibole, k-feldspar, muscovite, hematite). For personal use o
Slide 24: Summary – Key Takeaways
S U M M A R Y – K E Y TA K E A W AY S For personal use only ü Unique high-value deposit at Alpha ü Near-term development potential ü DFS Underway ON THE ROAD TO ü Outstanding opportunity in bitumen market SUCCESS AT ALPHA ü Investigating other value-add opportunities UNLOCKING A NEW ü First-mover po
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