Platina Resources Limited · ASX:PGM
Platina Resources — Greenland Sustainable Mineral & Petroleum Development Conference 2010
21 slides from Platina Resources's conference presentation, June 2010
Slide 1: Greenland Sustainable Mineral & Petroleum Development
Platina Resources Limited Rob Mosig, Managing Director Greenland Sustainable Mineral & Petroleum Development
Slide 2: Disclaimer
Disclaimer This presentation contains “forward-looking information” which may include, but is not limited to, statements with respect to the future financial or operating performance of Platina Resources Limited (“Platina”), its subsidiaries and its projects, the future price of platinum group metal
Slide 3: Agenda
Agenda • Brief Platina Resources Overview • Skaergaard Project • PGM & Gold Market Highlights
Slide 4: Greenland – A Major Exploration and Mining Frontier
Greenland – A Major Exploration and Mining Frontier
Slide 5: Project Locations
Project Locations • Global portfolio of emerging gold and PGM projects in Greenland and Australia
Slide 6: Vision
Vision • Platina Resources Limited is focused on building shareholder wealth through the exploration & development of gold and PGM projects globally • The Company’s intention is to become a PGM and gold producer through the development of one or more of its projects and to continue aggressive explor
Slide 7: Skaergaard Project, Greenland
Skaergaard Project, Greenland • At forefront of a new generation of significant mineral projects in Greenland • Located 400km west of geothermal power-rich Iceland • 100%-owned (no production royalties) • World-class resource containing 5.8Moz gold, 2.03Moz palladium and 0.17Moz platinum • Pre-Feasi
Slide 8: Skaergaard Project Geology
Skaergaard Project Geology North South Triple Group: 1m PGE-Au Horizons Upper Border Series 2% PLATINA RESOURCES LIMITED
Slide 9: Skaergaard Project Inferred Resource Estimate
Skaergaard Project • Inferred Resource Estimate Grades Contained Metal Metric Au Pd Pt Au Pd Pt Zone Tonnes (millions) (g/t) (g/t) (g/t) (Moz) (Moz) (Moz) Combined Zone 1,520 0.21 0.61 0.04 10.3 29.6 2.0 Contained within the Combined Zone Gold Zone 107 1.68 0.59 0.05 5.8 2.0 0.2 Palladium Zone 104 0
Slide 10: Skaergaard Project – Current Status
Skaergaard Project – Current • Status Positive Scoping Study Review completed by GRD Minproc in October 2009 • Confirmed viability of conceptual 2.4Mtpa underground mine development • Room & pillar mining identified as the preferred underground mining method • Operating costs ranging from US$49- 81/
Slide 11: Skaergaard – Metallurgical Testwork
Skaergaard – Metallurgical Testwork • Excellent bench-scale metallurgical recoveries of gold, palladium and platinum achieved from bulk samples – up to 92.7% gold recovery via flotation… Test Number Head Grade (g/t) Mass Pull Recovery (%) Cum. Grade (g/t) (%) Au Pd Au Pd Au Pd GJ3216 1.55 0.47 3.4 8
Slide 12: Skaergaard Project Underground Processing Plant
Skaergaard Project • Underground Processing Plant Reduced: Surface infrastructure CAPEX OPEX Labor Minimal environmental impact (noise, dust) Smaller TSF footprint Improved Mine Call Factor Maximum 50tph Gravity, Flotation 650µm (VSI) A$ 8/t (excl. Labor) 5m x 5m
Slide 13: Skaergaard Project Proposed 2010 Drilling
Skaergaard Project Proposed 2010 Drilling • Distinctive trend – high grade Au located immediately above PGM-rich zone within Au zone. • Western border of the intrusion. • Region of coherent 2g/t and 3g/t contours identified within 7.5km² area. • Evidence that high grade area could contain combined g
Slide 14: Skaergaard Project Major Considerations
Skaergaard Project Major Considerations • Consider harsh climatic conditions, terrain and restricted access (sea ice). • Minimise surface infrastructure and associated cost: – Cladding – Power (heating) • Cash flow – Produce dorē and concentrate UNDERGROUND PROCESSING MAXIMISE USE OF GRAVITY • CYANI
Slide 15: World's Largest Palladium Deposits
Platina Resources Overview World's Largest Palladium Deposits (1) 35,000,000 30,000,000 Pd Contained Oz 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 0 Skaergaard Beestkraal Kennedy's Sheba's Nokomis Arctic Kingash Vale Ridge Platinum (1) Source MEG: Includes active projects in either the re
Slide 16: PGM & Gold Market Highlights
PGM & Gold Market Highlights $/Ounce $/Ounce 2,500 2,500 Gold Palladium Platinum 2,000 2,000 1,500 1,500 1,000 1,000 500 500 0 0 1990 1990 1990 1990 1990 1990 1990 1990 1990 1990 1990 1990 1991 1991 1991 1991 1991 1991 1991 1991 1991 1991 1991 1991 1992 1992 1992 1992 1992 1992 1992 1992 1992 1992 1
Slide 17: Gold Long Term Investment Demand Has Shifted Upwards
PGM & Gold Market Highlights Gold Long Term Investment Demand Has Shifted Upwards Investment Demand Million Ounces Million Ounces 60 60 Actual Projections 50 50 40 40 30 30 20 20 10 10 0 0 -10 -10 66 6768 69 7071 7273 7475 7677 78 7980 8182 8384 8586 87 8889 9091 9293 9495 96 9798 9900 01 0203 0405
Slide 18: BRIC Vehicle Sales In Relation To Global Vehicle Sales
PGM & Gold Market Highlights BRIC Vehicle Sales In Relation To Global Vehicle Sales Thousand Vehicles Thousand Vehicles 80,000 80,000 Global BRIC 70,000 70,000 60,000 60,000 50,000 50,000 40,000 40,000 30,000 30,000 20,000 20,000 10,000 10,000 - - 99 00 01 02 03 04 05 06 07 08 09p
Slide 19: Percentage of Supply Held by ETFs
PGM & Gold Market Highlights Percentage of Supply Held by ETFs • In recent years, a growing proportion of PGM supply is being held by ETFs. Investment demand via ETFs has been the driving force behind platinum and palladium prices, consuming excess supply and offsetting some of the weakness in fabri
Slide 20: Platina Resources Summary
Platina Resources Summary • Platina Resources Limited (“Platina” or the “Company”) is a PGM and gold development and exploration company with a global portfolio of advanced and early-stage projects. • Platina has advanced development of its two primary assets, Skaergaard (located in Greenland) and M
Slide 21: Thank You
Thank You PLATINA RESOURCES LIMITED
Platina Resources — Greenland Sustainable Mineral & Petroleum Development Conference 2010 on 6ix