Titanium Sands Ltd. · ASX:TSL
Titanium Sands — Investor Presentation (February 2020)
27 slides from Titanium Sands's investor presentation, Feb 21, 2020
Slide 1: Marvellous Mannar
• Creating a world class Mineral Sands deposit in Sri Lanka • Investor Presentation • 21 February 2020 Marvellous Mannar
Slide 2: Disclaimer & Forward Looking Statement
DISCLAIMER & FORWARD LOOKING STATEMENT This presentation has been prepared by Titanium Sands Limited (“TSL”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third parties and though
Slide 3: Company Overview
COMPANY OVERVIEW Creating a world class, low cost heavy mineral sand deposit in Sri Lanka TOP 20 SHAREHOLDERS – 74.78% | TOP 50 SHAREHOLDERS – 86.64% LEE CHRISTENSEN Corporate Snapshot NON-EXECUTIVE CHAIRMAN ASX Code : TSL JAMES SEARLE Shares on Issue 778.7m MANAGING DIRECTOR JASON Market Capitalisa
Slide 4: Why Mineral Sands?
• Mineral sands are old beach, river or dune sands that contain concentrations of the important minerals, rutile, ilmenite, zircon and monazite. • These minerals all originally grew as crystals in igneous rocks such as granite or basalt and some metamorphic rocks. Over millions of years, these rocks
Slide 5: Mineral Sands, where is it used?
Mineral Sands, where is it used? • There are two core product streams in the Mineral Sands industry being : titanium minerals (also referred to as titanium dioxide ore feedstocks or TiO2 ore feedstocks) and zircon. • Titanium Minerals Titanium minerals – ilmenite, leucoxene and rutile – are primaril
Slide 6: Global TiO2 Market Opportunities and Forecasts 2018 to 2023
Global TiO2 Market Opportunities and Forecasts 2018 to 2023 Global Paints and Coatings market ZIRCON Forecast to reach USD$204.83b in 2023 Growing at a CAGR of 4.92% (2018 to 2023) TiO 2 Source www.researchandmarkets.com Source www.alliedmarketresearch.com
Slide 7: Key Value industries of Mineral Sands
Providing product to a US$340b industry. Key Value industries of Mineral Sands? • The global paints and coatings market is forecast to reach US$204.83 billion by 2023. d • Ceramic Tiles Market Outlook-2022 Global ceramic tiles market size is expected to reach US$145 billion by 2022, Source www.resea
Slide 8: The world Mineral Sands market is growing at an unprecedented rate
The world Mineral Sands market is growing at an unprecedented rate with demand for paints, ceramics and building supplies continuing to grow.
Slide 9: Mineral Sands value proposition
Mineral Sands value proposition • The value proposition for TSL mineral sands product is being developed and advanced through ongoing off-take discussions which are expected to take shape throughout 2020 as the Mannar Island projects nears production. • Market indications suggest a base case pricing
Slide 10: Benefits of Sri Lanka
Benefits of Sri Lanka • Sri Lanka is a democratic nation of approximately ~21m people • Sri Lankan government is supportive of foreign investment and local job creation. • Mannar Island has excellent existing infrastructure including access to rail, road, water and power and is close to existing shi
Slide 11: Sri Lanka's trade with China has been growing
Sri Lanka’s trade with China has been growing faster than its trade with the rest of the world over the last 5 years
Slide 12: Sri Lanka is a Gateway to International Markets
Sri Lanka is a Gateway to International Markets Bilateral trade with China Attractive Mining Jurisdiction with Chinese Offtake Potential and other international markets Sri Lanka forms part of China’s ‘One Belt, One Road’ Sri Lanka’s trade with China trade route with Chinese interests controlling 70
Slide 13: Titanium Sands – Mannar Island Project
Titanium Sands – Mannar Island Mannar Project has Project the potential for an • Mannar Island is approximately 100km North of Iluka’s Puttalam Quarry mineral sands project. extended mine life. • The Titanium Sands project encompasses almost 204km2 / 93% (approx.) of Mannar Island in Sri Lanka’s Nor
Slide 14: The Mannar Island project has significant potential for an extended mine life
The Mannar Island project has significant potential for an extended mine life.
Slide 15: Resource
Res Class Domain Volume (Mm³) Tonnes (M) THM % Silt % Oversize % Ilm % Leu % Rut % Zir % 1 20.36 35.83 4.23 0.74 3.99 1.94 0.34 0.10 0.09 Indicated 2 14.97 26.05 8.03 0.75 20.53 3.88 0.72 0.11 0.15 Sub Total 35.33 61.88 5.83 0.74 10.95 2.76 0.50 0.11 0.12 1 1.06 1.87 3.85 0.57 2.67 1.69 0.31 0.10 0.
Slide 16: Project Drilling: Clear strategy resulted in significant resource upgrade
PROJECT DRILLING Clear strategy resulted in significant resource upgrade throughout 2019.
Slide 17: Outline of mineral resource zones defined in 2019
Outline of mineral resource zones defined in 2019
Slide 18: Mannar Island resource has increased 774%
Mannar Island resource has increased 774% since December 2018 (Including acquisition target).
Slide 19: RC Aircore depth drilling underneath existing resource
RC Aircore depth drilling underneath existing resource indicates widespread heavy mineral concentration down to at least 12m below surface. The depth extension represents an exploration target which based on assay results received* could grow the project multiple times. * https://www.asx.com.au/asxp
Slide 20: Further exploration target adjacent to existing mineral resource
Further exploration target adjacent to existing mineral resource shows great potential for increased HMS deposits.
Slide 21: Mannar Island project poised to expand to world class deposit
Mannar Island project poised to expand to world class deposit. https://www.asx.com.au/asxpdf/20200128/pdf/44djxdjvpy22gj.pdf https://www.asx.com.au/asxpdf/20200205/pdf/44dv0t2q7xdty0.pdf
Slide 22: Bubble chart of projects by VHM%
Note: 1. Bubble size represents reported VHM% for each project. 2. Only projects with VHM% greater than 1% shown. 3. Data compiled by TSL from public sources with assistance from CPS Capital analysts.
Slide 23: Milestones
MILESTONES Infill and Commenced extension DD identifies Acquisition Trading on drilling High Grade DD approved Offtake Scoping ASX – continues zone and Completed increasing discussions study to Extension Resource with a potential for on resource to leading to depth outline 10.33Mt further 802 resour
Slide 24: Strong Team – Aligned vision
Strong Team – Aligned • • Experienced Board and Management Track record of delivering outstanding exploration and expansion results vision • • Quality outsourced hands on consultants at Mannar Island Full time on site Geo throughout exploration • Analysis and lab results provided by world renowned S
Slide 25: Heavy Mineral Project – Sri Lanka meets all the criteria
HEAVY MINERAL PROJECT – SRI LANKA MEETS ALL THE CRITERIA Primed for Rapid Development High Grades Simple Operation • Grades of high quality ilmenite amongst the • Estimated low cost expansion drilling given highest in the world for a substantial deposit. surface mineralization. • Rutile and zircon m
Slide 26: Project Highlights
PROJECT HIGHLIGHTS High Grade JORC Resource • Combined JORC indicated/inferred resource of 90.03Mt* @ 6.60% THM from low cost drilling program. Clear strategy to further upgrade resource • RC Air Core drilling target results pending. Based on Assay results as announced, total deposit anticipated to
Slide 27: Contacts
CONTACTS REGISTERED OFFICE Level 11, 216 St Georges Terrace Perth Western Australia 6000 www.titaniumsands.com.au James Searle james.searle@titaniumsands.com.au MANAGING DIRECTOR +61 (08) 9481 0389
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