Australian Silica Quartz Group Limited · ASX:ASQ
Australian Silica Quartz — Bauxite Resources — RIU Conference 2012
17 slides from Australian Silica Quartz's conference presentation, Feb 21, 2012
Slide 1: RIU Conference 21 Feb 2012
BAUXITE ine) RESOURCES © LIMITED RIU Conference 21 Feb 2012
Slide 2: Forward Looking Statements
Forward Looking Statements No representation or warranty, express or implied, is made by Bauxite Resources Ltd that the material contained in this presentation will be achieved or prove to be correct. Except for statutory liability which cannot be excluded, each of Bauxite Resources Ltd, its officer
Slide 3: Company Profile
Company Profile Stock Code: BAU Company Profile Ordinary 235m Options 25m Market Cap $31.8m (01/02/12) Bank Debt $0 Current cash $50.6m (31/12/11) Scott Donaldson CEO & Executive Director Barry Carbon AM Chairman 3
Slide 4: Darling Range, WA Tenements
Darling Range, WA Tenements • ~24,000 km2 tenement area • 51 ELs granted, covering 13,000km2 • 61 ELs pending • 150 landowner have signed exploration access agreements covering 352 properties • Established joint ventures • Additional resources currently being modelled 4
Slide 5: Darling Range Prospectivity
Darling Range Prospectivity • JVs agreements only cover bauxite rights on BRL tenements • Ability for BRL to exploit other mineral opportunities • Tenements largely under explored by modern methods • Historic mining operations in region include Boddington Gold Mine, Collie coalfields & Greenbushes T
Slide 6: Priority Minerals
Priority Minerals • Gold - numerous historic gold occurrences through the Darling Range, Boddington Gold mine reopened in 2010 • Iron Ore – First historic iron ore production in WA was from deposit within the southwest region prior to the Pilbara operations • Coal - Collie coalfield supported by Wil
Slide 7: Darling Range bauxite Joint Ventures
Darling Range bauxite Joint Ventures 1. Bauxite Alumina Joint Venture (BAJV) with Yankuang Resources (YK) • Bauxite and Alumina rights only – BRL retains 100% other mineral rights • YK to fund 70% of all bauxite exploration costs for 70% bauxite rights • YK will fund 90% of alumina refinery feasibil
Slide 8: Darling Range bauxite Joint Ventures
Darling Range bauxite Joint Ventures 2. Shandong # 1 Institute of Geology & Minerals Exploration (Shandong ) • Bauxite rights only – BRL retain 100% of other mineral rights • Agreement covers 1,000km2 in Darling Range • Shandong fund 100% of exploration and Feasibility Costs(FS) • Once successful co
Slide 9: Global Aluminium market
Global Aluminium market • Growing demand for aluminium • Projected 20Mt increase in new aluminium production in 10 years • Requiring 40Mt increase in alumina production • Meaning ~100Mt of new bauxite production within next 10 years Source: International Aluminium Institute 9
Slide 10: Why Bauxite/Alumina?
Why Bauxite/Alumina? • Extensive tenement base • Premium product and superior bauxite resource potential • Established bauxite mining & alumina refining industry in region • Skilled local labour force • Established export routes • Existing Infrastructure to support new industry • Established JVs for
Slide 11: 2011 progress
2011 progress December 2010 December 2011 Increase in cash $50M $50.6M Increase in bauxite resource 18.2Mt 51.2Mt (Note 1) Inferred Inferred & Indicated Increase in granted Exploration 13 53 Licences (Darling Range) Increase in properties with 213 352 exploration access agreements Increase in explor
Slide 12: Total Bauxite Resource for north Darling Range (Nov 2011)
Total Bauxite Resource for north Darling Range (Nov 2011) 1: BRL retain 30% of bauxite rights and 100% of all other minerals 2: Shandong can earn up to 60% of bauxite rights upon completion of a BFS leading to a decision to mine. BAU retain 100% of all other minerals. *Differences due to rounding 12
Slide 13: Other Business Opportunities
Other Business Opportunities • Potential asset quality across a range of tenements – moving towards diversification • Significant exploration potential throughout all tenements including Kimberley tenements • Strong growth forecast in core bauxite/alumina JVs • Robust balance sheet to fund future pr
Slide 14: Longer term business opportunities Kimberley tenements
Longer term business opportunities Kimberley tenements • ~5,200km2 tenement area • 5 Exploration Licences granted with 8 in application • Seeking Joint Venture partners • Aerial survey completed and desktop study progressing • Prospectivity for gold, diamonds, base metals as well as bauxite within B
Slide 15: Summary
Summary • Looking to build on success of 2011 • Strong Cash Position • Bauxite JORC Resources increasing • 55% of tenement holdings now granted covering half of total tenement area • 150 property owners have agreements to explore for bauxite • Projected strong long term market expectations for bauxi
Slide 16: Bauxite Resources Ltd RIU Conference Feb 2012
BAUXITE RESOURCES LTD RIU CONFERENCE 21 FEB 2012 16
Slide 17: JORC List of Assessment and Reporting Criteria
JORC List of Assessment and Reporting Criteria ‘Sampling Techniques and Data Estimation and Reporting of Mineral Resources ‘Sampling techniques | Vacuum samples were collected as 0.5m samples using a twin riffle splitter Drilling techniques All driling is vacuum using a 4mm drill bit Drill sample re