Poseidon Nickel — Diggers & Dealers Mining Forum 2015
36 slides from Poseidon Nickel's conference presentation, August 2015
Slide 1: Australia’s New Nickel
Australia’s New Nickel Diggers & Dealers Mining Forum David Singleton, MD & CEO August 2015
Slide 2: Indonesian Ore Stocks in China are well down as predicted
Indonesian Ore Stocks in China are well down as predicted Private & Confidential 2
Slide 3: Philippines Ore exports up - but not much
Philippines Ore exports up - but not much Private & Confidential 3
Slide 4: Chinese NPI reducing as predicted albeit more slowly
Chinese NPI reducing as predicted albeit more slowly Private & Confidential 4
Slide 5: As a result Ferronickel and Refined Nickel imports up
As a result Ferronickel and Refined Nickel imports up Private & Confidential 5
Slide 6: Australia’s New Nickel
Australia’s New Nickel Diggers & Dealers Mining Forum David Singleton, MD & CEO August 2015
Slide 7: Projects within 300kms centred around Australia’s Major Nickel Region
Projects within 300kms centred around Australia’s Major Nickel Region Private & Confidential 7
Slide 8: 3 Production ready nickel projects in Western Australia
3 Production ready nickel projects in Western Australia • Windarra Nickel Project • Black Swan Nickel Project • Lake Johnston Nickel Project Private & Confidential 88
Slide 9: Windarra Nickel Project
Windarra Nickel Project Commercial in Confidence 9
Slide 10: Long section of Mt Windarra at mine closure
Long section of Mt Windarra at mine closure Original Long Section Pre Drilling Mineralisation Private & Confidential 10
Slide 11: Upper G Shoot Mineralisation
Upper G Shoot Mineralisation Commercial in Confidence 11
Slide 12: H Shoot Mineralisation
H Shoot Mineralisation Private & Confidential 12
Slide 13: C & G Deeps Mineralisation
C & G Deeps Mineralisation Private & Confidential 13
Slide 14: D Deeps Mineralisation
D Deeps Mineralisation Private & Confidential 14
Slide 15: F Shoot Mineralisation
F Shoot Mineralisation Private & Confidential 15
Slide 16: Windarra Nickel Project Discovery of Cerberus
Windarra Nickel Project Discovery of Cerberus Commercial in Confidence 16
Slide 17: Development of the Windarra Project
Development of the Windarra Project Mt Windarra Cerberus Greenfields South Windarra Orebody Open Pit Private & Confidential 17
Slide 18: Cerberus: Further Developments
Cerberus: Further Developments Modelled Resource Positions Extensions With Limited to No Drill Testing Private & Confidential 18
Slide 19: Mt Windarra - Operational Site
Mt Windarra - Operational Site Private & Confidential 19
Slide 20: Black Swan Nickel Project
Black Swan Nickel Project Commercial in Confidence 20
Slide 21: The Black Swan Process Plant and open pit resource bought from Norilsk
The Black Swan Process Plant and open pit resource was bought by Poseidon from Norilsk in July 2014 Private & Confidential 21
Slide 22: Black Swan pit showing smeltable reserves
Black Swan pit showing smeltable reserves Ore for smeltable grade concentrate Private & Confidential 22
Slide 23: Black Swan resources available for non-traditional uses
Black Swan resources available for non-traditional uses Private & Confidential 23
Slide 24: Lake Johnston Nickel Project Maggie Hayes
Lake Johnston Nickel Project Maggie Hayes Commercial in Confidence 24
Slide 25: Lake Johnston includes 2 mines, a concentrator and camp in operational ready condition
Lake Johnston includes 2 mines, a concentrator and camp in operational ready condition Concentrator and Administration Emily Ann Mine Maggie Hays Mine Tailings Dam Windy Hill Camp Private & Confidential 25
Slide 26: Maggie Hays - Increasing Life by over 3 times
Maggie Hays - Increasing Life by over 3 times Suture Zone MINED North Shoot OUT SLC Remaining SLC Private & Confidential 26 26
Slide 27: Maggie Hays initial resource extension targets
Maggie Hays Initial resource extension targets Maggie Hays South Potential for Future North Shoot Production Western Zone Expansion Opportunity Opportunity Private & Confidential 27 27
Slide 28: Lake Johnston Nickel Project Emily Ann
Lake Johnston Nickel Project Emily Ann Commercial in Confidence 28
Slide 29: Emily Ann was a 4% Ore Body truncated by Toolangi Fault
Emily Ann was a 4% Ore Body truncated by Toolangi Fault Surface Decline Structurally Offset Targets Fault Movement=into page (westward) Fault Movement=out of page (eastward) Commercial in Confidence 29
Slide 30: Electromagnetics support strong targets dislocated from the original ore body
Electromagnetics support strong targets dislocated from the original ore body. Supporting Modelled DHEM Targets Private & Confidential 30
Slide 31: EIS Grant will support drilling these targets
EIS Grant will support drilling these targets. Planned Drill Holes Private & Confidential 31
Slide 32: High Quality Process Plant
High Quality Process Plant Processing capacity of 1.5m tonnes per annum 3 stage crushing circuit operating Grinding Mills operating Flotation Cells inspected Concentrate Filtration & Storage facilities tested Private & Confidential 32
Slide 33: Windy Hill Camp
Windy Hill Camp 277 Rooms available 180 required Private & Confidential 33
Slide 34: Published Resources
Poseidon has the second largest published nickel sulphide resource in Australia* 500 450 400 350 Published Resources (‘000 tonnes Nickel) 300 250 200 150 100 50 0 *Australian nickel sulphide producers and developers excluding BHP(B). Data compiled from Deutsche Bank report dated 28.07.14. Private &
Slide 35: Summary
Summary • Lake Johnston can be in production in 4 months • Definitive Feasibility Study completed • Fully permitted • Major contracts either signed or nearing signature • Offtake Contracts and working capital loans agreed subject to final contract • 8,000 tonnes in nickel concentrate • All in sustai
Slide 36: Poseidon
POSEIDON » | & ="
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