Giyani Metals Corp · TSXV:EMM
Giyani Metals — Investor Presentation (October 2018)
34 slides from Giyani Metals's investor presentation, October 2018
Slide 1: Emerging Battery-Grade Manganese Opportunity
EMERGING BATTERY-GRADE MANGANESE OPPORTUNITY INVESTOR PRESENTATION – OCTOBER 2018 1
Slide 2: Forward Looking-Statements
FORWARD LOOKING-STATEMENTS This presentation contains forward-looking statements and factual information that are current as of the date the presentation was originally delivered. When used in this presentation, words such as “may”, “would”, “could”, “will”, “expect”, “anticipate”, “estimate”, “beli
Slide 3: Operational Update
O P E R A T I O N A L U P D A T E • MAIDEN RESOURCE ESTIMATE FOR K.HILL • HYDROMETALLURGICAL STUDIES FOR BATTERY PRODUCTS • STOCKPILES OF MANGANESE ORE FROM OLD MINING OPERATION • ENVIRONMENTAL MANAGEMENT PLANS FOR K.HILL AND OTSE • MINERAL PROCESSING • ON-GOING OFF-TAKE DISCUSSIONS • COMMENCE PEA (
Slide 4: The Assets
T H E A SSE T S • 88-100% INTEREST IN AN EXTENSIVE LAND PACKAGE COVERING 8,135 SQUARE KILOMETERS IN SOUTHEASTERNBOTSWANA • SEVERAL BATTERY-GRADE MANGANESE OCCURRENCES WHICH PROVIDES GIYANI WITH A PIPELINE OF MULTIPLE PROJECTS TO COLLECTIVELY FORM A LARGE-SCALE RESOURCE • CLOSE PROXIMITY TO THE TOWNS
Slide 5: Resource Estimate
R E SO U R CE E S T I M A T E • TWO MANGANESE SHALE HORIZONS. ONE AT THE TOP OF THE STRATIGRAPHY AND A SECOND AT FURTHER DOWN THE STRATIGRAPHY - CLOSE TO THE FELSITE. • THE MN-SHALE APPEARS TO REPRESENT PRIMARY MANGANESE DEPOSITION IN A SHALLOW MARINE BASIN • THERE IS CLEAR EVIDENCE OF UPGRADING BY
Slide 6: Resource Estimate
R E SO U R CE E S T I M A T E • ESTIMATES IN THE ENTIRE TOP MANGANESE SHALE • CONSISTENT GRADE AROUND 20% (ABOVE THE GRADE REQUIRED TO MAKE EMM) K-Hill Inferred Mineral Resource Grade-Tonnage Table Cut-Off Grade Tonnes MnO Al2O3 SiO2 Fe2O3 LOI % MnO % (Millions) % % % % 18 1.1 31.2 8.9 26.3 16.9 8.8
Slide 7: Hydrometallurgical Testing
H Y D R O M E T A L L U R G I CA L T E S T I N G • STA GE 1 I NCLU DED O PTIC AL AND ELECTRO N PROB E WORK TH AT IDE NTI FIE D T HE VAL U ABLE A ND WA ST E Run-of-Mine MI NER ALS , T HE P ARTICLE S IZES , AND TH E AP PRO XI MATE GR IND SIZE S REQU IRED FO R LIBERATION TO EXPOSURE. Size Reduction THI
Slide 8: Stockpiles of Old Ore
S T O CK P I L E S O F O L D O R E • K.HILL STOCKPILES ESTIMATE ~ 25K TONNES • OTSE STOCKPILES ESTIMATE ~ 2K TONNES • POTE NT IAL ADDIT IONA L STO CK PILE S FROM ENVIRONMENTAL CLEANUP ~ 40K TONNES • SALEABLE PROD UCT S A FTER BA SIC PROCE SSING TO UPGRADE THE STO CK PILE S TO 37-41 % M N . T HREE PR
Slide 9: DSO Flow Sheet
DSO FLOW SHEET SECONDARY SCREENING MOBILE ROCK BREAKER +900MM 0-900MM 75-250MM <0.5-75MM 0-250MM LUMPY PRODUCT STOCKPILES RUN OF MINE FEED 6-75MM 0-900MM SCREENING PRIMARY CRUSHING FINES PRODUCT STOCKPILE <0.5MM 0.5-6MM FINES DISCARD FINES DISCARD HANDLING <0.5MM MAKE UP WATER RESERVOIR PLANT SERVIC
Slide 10: Stockpiles Locations
S T O CK P I L E S L O CA T I O N S GPS Marked locations of K.Hill piles GPS Marked locations of Otse piles 10
Slide 11: Sample Piles
S A M P L E P I L E S 11
Slide 12: Environment Management Plan (EMP)
E N VI R O N M E N T M A N A G E M E N T P L A N ( E M P ) • EMP S SUBMITTED TO THE DEPARTMEN T OF ENVIRONMEN TAL AFFAIRS TO REHABIL ITATE THE K.HILL AND OTSE SITES • REHABIL ITATION AND ENVIRONMEN TAL CLEAN-UP WORK PLANNED FOR THE TWO SITES Existing shaft at K.Hill • RESULTIN G MATERIAL WILL BE UPG
Slide 13: Proposed Bench Design for Otse
P R O P O S E D B E N CH D E S I G N F O R O T S E Otse Quarry Otse Quarry Bench Layout 13
Slide 14: SX/EW to EMM: Simple, and Economic Processing
SX/EW TO EMM: SIMPLE, AND ECONOMIC PROCESSING • THE TYPICAL HYDROMETALLURGICAL METHOD OF PROCESSING MANGANESE INVOLVES LEACHING, AND PURIFICATION • LEACHIN G IS THE DISSOLUTION OF THE MANGANESE MINERALS INTO A SOLUTION BY THE USE OF ACID OR BASE • PURIFICATION INVOLVES THE REMOVAL OF OTHER METALS AN
Slide 15: Off-Take Progress
O FF - T A K E P R O G R E S S • ON-GOING DISCUSSIONS WITH MULTIPLE POTENTIAL OFF-TAKE PARTNERS • TRAXYS • GLENCORE • GUNVOR • SMALLER TRADERS • SPECS AND PRICING MODELS REVIEWED • GIYANI IS DESIGNING THE HIGHEST VALUE PRODUCT SPEC GIVEN THE KNOWN SPECS OF THE SURFACE MATERIAL AT K.HILL AND THE BULK
Slide 16: Operational Timeline
O P E R A T I O N A L T I M E L I N E ⏳ 15 Oct. - 15 Jan. 19 • Environmental 15 Jan. 19 - 15 Apr.19 • Hydrometallurgical Management • Environmental • Pilot DSO Testing Plan Impact Analysis mining • 3D Modelling and • Processing Plant • Environmental • Reserve Resource Estimation Design clean-up Dril
Slide 17: Plans Ahead
PLANS AHEAD • Mine construction • Process report • PEA Initial - Plant design, • Pilot DSO mining costing and mine plan • Pre-Feasibility studies • Cash flow from stockpile recovery • Environmental • Financing of construction • Environmental commence management plan • Additional Resource drilling ma
Slide 18: Essential Attributes of a Successful Mine
ESSENTIAL ATTRIBUTES OF A SUCCESSFUL MINE MANAGEMENT G I Y A N I ’ S K A N Y E MA N G A N ES E P R O J E CT H A S EXPERIENCED MANAGEMENT TEAM ENSURES A LL O F THE A TTR I B UTES O F A S UC C ES S FUL MI N E FULL POTENTIAL IS REALIZED JURISDICTION MATURE MINING CULTURE, STABLE POLITICAL SYSTEM, GOOD
Slide 19: Summary & Investment Opportunity
S U M M A R Y & I N VE S T M E N T O P P O R T U N I T Y • MAIDEN RESOURCE ESTIMATE COMPLETED FOR THE K.HILL PROSPECT • EASY TO MINE WITH RELATIVELY LOW CAPEX REQUIREMENTS TO GET TO PRODUCTION • HYDROMETALLURGY INDICATES K.HILL MANGANESE AMENABLE TO BATTERY MAKING • HEALTHY EMM MARGINS IN A HIGH-GRO
Slide 20: Business Growth Strategy
BUSINESS GROWTH STRATEGY • ORGANIC GROWTH • ACCELERATING THE K.HILL PROJECT INTO PRODUCTION • DEVELOPING THE OTSE AND LOBATSE PROSPECTS • EXPLORING THE REST OF THE KANYE PROJECT LICENCE AREA • GROWTH BY ACQUISITIONS • ACQUIRING UNDERVALUED MANGANESE PROJECTS IN SOUTHERN AFRICA • DE-RISKING NEW ACQUI
Slide 21: Management
M A N A G E M E N T R O B I N B I R C H A L L W A J D B O U B O U D A N C R A N D A L L Mr. Wajd Boubou is a n experienced Mr. Robin Birchall b rings more than executive with a 26-year hi story of Mr. Daniel Crand all is a Senior Manager eighteen years of experience in the achievements in the Oil &
Slide 22: Board of Directors
BOARD OF DIRECTORS J O N A TH A N H EN R Y EU G EN E L EE J O H N P ETER S EN M I C H A EL J O N ES S C O T T B R E A R D R O B I N B I R C H A L L Mr. Lee is a mi ning finance Mr. Breard is a marketin g Mr. Henry ha s over 20 years' Mr. Jones is a Professional Mr. Robin Birchall brings more profess
Slide 23: Giyani Metals Corp.
TSXV:WDG GERMANY:A2DUU8 Giyani Metals Corp. 277 Lakeshore Road East Suite 403 Oakville, Ontario, Canada L6J 6J3 289-837- 0066 info@giyanimetals.com www.giyanimetals.com Giyani is a publicly trading, vertically integrated, well managed junior resource company 23 focused on building a superior hybrid
Slide 24: Appendix
G{YA METALS CORR,
Slide 25: Share Structure
SHARE STRUCTURE Symbol TSXV: WDG Directors and management Tribeca 2% US Global 1% 1% Share Price* $0.23 RAB Capital 1% Basic Shares 81,779,628 Warrants 3,761,665 Options 8,100,000 FD Shares 93,641,293 Market Capitalization $18.81 million Others 95% *s ha re price as of October 10, 2018 MAJOR SHAREHO
Slide 26: Manganese Uses
MANGANESE USES METALLURGICAL NON-METALLURGICAL APPLICATIONS APPLICATIONS STEEL BATTERIES MAKING EMM/EMD NON- FERROUS CHEMICALS ALLOYS ~ 90% ~ 10% 26
Slide 27: Manganese in Batteries
MANGANESE IN BATTERIES • MANGANES E IS RE QUIRED TO MAK E CAT HOD ES FOR TWO OF THE MOST PRO MINENT LIT HI UM- ION BA TTE RY C HEM ISTR IES , NICKEL -MANG ANESE -CO BAL T (NMC ) AND LIT HI UM- MANGANESE-OXIDE (LMO) • MANGANES E IS ALSO USED AS A DEPOL ARIZE R IN D RY -CEL L BATTERIES • HIGH P URIT Y
Slide 28: EMM / EMD Global Production
cans. 99.9 EMM is used as starting material for some NCM cathodes, but the vastEMM basis. majority of NCM lumpy cathodes production are made probably represents around ha from MnSO4, which in turn is made from EMM or Mn ore directly. The use being of EMM for LMO cathode production is very EMM flake
Slide 29: EMM / Mn Prices
EMM / MN PRICES 99.7% EMM Prices - US$ MANGANESE ORE (37% Mn) PRICES 3500 US$/dMtu 9.0 3000 8.0 7.0 2500 6.0 5.0 2000 4.0 3.0 1500 2.0 1.0 1000 0.0 SOURCE: METAL BULLETIN 29
Slide 30: Battery Chemistries
BAT T E RY CH E M I S TRI ES T H E R E A R E V A RI O US BA TT E RY CA TH O D E CH E MI S TRI ES TH A T US E D I F F E RE NT M E T A L S . N M C I S P R O V I N G T O B E T H E M O S T W E L L - R O UN D ED C A T H O D E C H E MI S T R Y B A L A NC ED P E RF O R MA N C E ( EN ER G Y D E NS I TY, TH
Slide 31: Manganese Battery Chemistries NMC & LMO
M ANG ANE S E BAT T E RY CH E M I S TRI ES NM C & L M O Li thi um Ma nganese Oxi de Li Mn2O4 (LMO) Li thi um Nickel Ma nganese Cobalt Oxi de (NMC) LMO METAL COMPOSITION NMC METAL COMPOSITION 19% 33% MANGANESE 33% MANGANESE COBALT 61% COBALT NICKEL NICKEL 20% LITHIUM 4% LITHIUM OTHER OTHER 7% 1% 20%
Slide 32: Battery Cost Structure
BAT T E RY CO S T S T RUCT URE GIY AN I ’S S TR ATEG Y IS T O B E I N TH E S WEET SP OT OF B ECOM IN G TH E L EA DING IN DEP EN DEN T F EE DST OC K MAN GAN ES E SUP PL IER TO TH E MAK ER S OF THE HIGHEST COST ITEM IN A LITHIUM-ION BATTERY, THE CATHODE. 32
Slide 33: Botswana Mining Advantage
B O T S W A N A M I N I N G A D VA N T A G E • BOTSWA NA I S ONE OF T HE MOST ATTR ACTIVE MI NIN G J URI SDICTION S I N SOUT HERN AFRIC A W ITH POLITICAL STABILITY AND TRANSPARENCY • 26 % IN VEST ME NT ADVA NT AGE CO MP ARED TO NEIGHBO URIN G COUNTR IES W ITH ACTIVE BL ACK ECONOMIC EMPOWERMENT (BEE)
Slide 34: SX/EW to EMM: Simple, and Economic Processing
SX/EW TO EMM: SIMPLE, AND ECONOMIC PROCESSING R1 R3 Initial Screen Crushing Air Fines Size R2 R4 R6 R5 Reduction G Screen Washing Water Circuit R7 R8 R9 Fe/Kaolin Grinding Solids R10-L1 L7 L6 Leaching Leaching Low Conc Circuit L2 L3 Silicate Wastes Filtration L4 H3 L5 Extraction H2 H1 High High Conc