Dni Metals Inc · OTC:DMNKF
Dni Metals — Investor Presentation (July 2011)
20 slides from Dni Metals's investor presentation, July 2011
Slide 1: DNI Metals Inc – Alberta Black Shale Metals Projects
DNI METALS INC July 2011 Alberta Black Shale Metals Projects Mo – Ni – U – V - Zn – Cu – Co – Ag – Au - Li Safe Harbour Athabasca Region, Alberta, Canada - 2,720 sq km - DNI 100% Statement This presentation includes forward looking statements. While these statements represent our best current judgme
Slide 2: DNI Alberta Black Shale Metals Projects
DNI Alberta Black Shale Metals Projects Rift-Volcanic Type Metals Enrichment Tabular “Giant” Deposits (1+ Billion tons) 10’s-100’s sq kms - 20m-100m thick Modest Bulk Grades 10’s-100’s ppm Base Metals+ Metal Zones Near Exhalative Venting Metal Equiv of Oil Sands - As Big as Oil Sands Explored & Bulk
Slide 3: Polymetallic Black Shales: Trapped Metals a Prior Challenge to Recovery
Polymetallic Black Shales ”Trapped” Metals a Prior Challenge to Recovery Like Other Black Shale Metals Deposits … Alberta Polymetallic Black Shales Discovered 1995 - “Shelved” Metals Could Not Be Recovered by Traditional Methods Metals Extraction – a Prior Challenge to Exploiting Black Shales Very F
Slide 4: Trapped Metals No Longer Challenge Recovery
Polymetallic Black Shales ”Trapped” Metals No Longer Challenge Recovery First Polymetallic Black Shale Bio-Heap-Leaching Mine Started Production 2008 Talvivaara Mine Ni-Co-Zn-Cu-(Mn)-(U) - Finland – Subarctic Discovered mid 1990’s – “Shelved” - Could Not Be Recovered by Traditional Methods Evaluate
Slide 5: Six Polymetallic Properties - 2,720 sq km
DNI Alberta Black Shale Metals Projects Six Polymetallic Properties - 2,720 sq km 2 Large Mineralized Zones* Resource In- In-Fill Drilling Stage Mo- Mo-Ni- Ni-U-V-Zn- Zn-Cu- Cu-Co- Co-Cd- Cd-Ag- Ag-(Au,Li) (Au,Li) +2 Drill Ready Properties +2 Early Stage Properties F ro ntie r-U T S- Tec es k 2nd Wh
Slide 6: Large Mineralized Zones + Other Targets
DNI Alberta Black Shale Metals Projects 2 Large Mineralized Zones* + 4 Other Targets Overall ~2,700 km2 Property Six Prospective Systems Mo- Mo-Ni- Ni-U-V-Zn- Zn-Cu- Cu-Co- Co-Ag- Ag-(Au,Li) (Au,Li) 100-300 sq km each Resource Study In Progress Scoping Study 2012 BUCKTON ZONE Mineralized Zone* Zone*
Slide 7: Sulfides & Gold in 2nd White Speckled Shale
DNI Alberta Black Shale Metals Projects Sulfides & Gold in 2nd White Speckled Shale Shale Debris In Asphalt Creek Shale Slump Terraces Speckled Shale Traced by Stream Heavy Minerals Wet Shale Mud Flow Muddy Concentrate Coarse Sulfides in Pan Concentrate •Speckled Shale Contains up to 20% Sulfides •G
Slide 8: 2nd White Speckled Shale Poorly Consolidated
DNI Alberta Black Shale Metals Projects 2nd White Speckled Shale Poorly Consolidated Speckled Shale Poorly Consolidated Amenable to “Ripping” Like Oil Sands Mines !High Mining Rate 100,000- 100,000-500,000 tpd Black Shale 2WS Outcrop Repelling For Samples Trench Sampling Second White Speckled Shale
Slide 9: The Buckton Mineralized Zone (NI-43-101)
DNI Alberta Black Shale Metals Projects The Buckton Mineralized Zone* (NI-43-101) Buckton Mineralized Zone* - Bulk Average Grade Estm 1.2- 1.2-1.3 Billion short tons – 26 sq km – 20.5- 20.5-21.9m thick Grade Range Grade Range Gross Metal/Oxide Content (lb) (oz)* (ppm) (lb/st)(opt) Low Estimate High
Slide 10: Good Metals Recoveries – Leaching R&D
DNI Alberta Black Shale Metals Projects Good Metals Recoveries – Leaching R&D • Bacterial Inoculum Cultured From Host Shale – DNI Culture Bank ARC • Good Recoveries - Initial BioLeaching Tests + Sulfuric Acid Leaching Tests Ni- Ni-U-Zn- Zn-Co- Good-Excellent Recoveries 80%- Co-Cd Good- 80%-90%+ Mo-
Slide 11: Bulk Mining Benchmarks – How Low Can You Go?
DNI Alberta Black Shale Metals Projects Bulk Mining Benchmarks – How Low Can You Go? In-Situ Recovered Value High Enough to Compel “Close Look” Viability = Efficient Collective Recovery What is Maximum Recovery? At What Cost? Operating Cost Benchmarks – Bulk Mining High Tonnages Talvivaara – BioHeap
Slide 12: Other Polymetallic Black Shale Projects
Other Polymetallic Black Shale Projects Only 5 Others Worldwide – New Deposit Type • Talvivaara Mine – Finland – Ni-Co-Zn-Cu (Mn,U) – Talvivaara Mining Co. Kainuu JV Projects – Finland - Ni-Co-Zn-Cu – Western Areas NL & Magnus Minerals • MMS Viken Property – Sweden – U-Mo-V (Oil,Ni) – Continental Pr
Slide 13: Talvivaara: First Polymetallic Black Shale Bio-Heap-Leaching Mine
Polymetallic Black Shales ”Trapped” Metals No Longer Challenge Recovery First Polymetallic Black Shale Bio-Heap-Leaching Mine Started Production 2008 – Finland - Subarctic Talvivaara Mine Ni-Co-Zn-Cu-(Mn,U) Equity Support & Off-Takes - NORILSK , NYRSTAR , OUTOKUMPU , CAMECO DNI Alberta Polymetallic
Slide 14: Talvivaara Polymetallic Black Shale Mine
Polymetallic Black Shales – Finland Talvivaara Polymetallic Black Shale Mine Primary Plant 1.5+ billion tonnes Secondary Open Pit 15MM tpa -> 75-100yr LOM Grade Ni 0.23% (5 lb/t) Co 0.02% (0.4 lb/t) Zn 0.55% (11 lb/t) Cu 0.14% (2.8 lb/t) U ~15-20 ppm (0.03-0.04 lb/t) Co-product U *Image courtesy ot
Slide 15: Talvivaara Polymetallic Mine – a Template
Polymetallic Black Shales – Finland Talvivaara Polymetallic Mine – a Template Drill-Blast-Bucket Operation @ 1.6 Strip Capex $820 MM – Opex $11/t $32 Billion Gross Rev – EUR10MM to Feas *Image courtesy ot Talvivaara Can Mine to $3/lb Ni - to $2.3/lb w/Mn to $1.5/lb Ni by 2012 - even lower w/U Expl D
Slide 16: Talvivaara Polymetallic Mine in Sub-Arctic
Polymetallic Black Shales – Finland Talvivaara Polymetallic Mine – In Sub-Arctic Heap-Pads & Metals Recovery Plant Bioleaching Heap-Pad in Subarctic Winter Natural-Bugs + Air + Water + (S) + (CO2) Bulk Leach Recovery Primary 18 mo - Secondary 60 mo Low Opex – Low Capex Bioleaching Generates Heat Low
Slide 17: Talvivaara Polymetallic Mine – Offtakes
Polymetallic Black Shales – Finland Talvivaara Polymetallic Mine – Offtakes Metals Selectively Sequentially Re-precipitated from PLS with H2S •Ni-Co Collected as Sulfide -> NORILSK Off-take Agmt •Zn Collected as Sulfide -> NYRSTAR Streaming Agmt •Mn by Electrowinning -> Oxide -> OUTOKUMPU JV-Offtake
Slide 18: DNI Metals Inc. Corporate Profile
DNI METALS Inc. Corporate Profile Directors & Officers Capital Structure Denis A. Clement LLM - Chairman & Director Share Price (CAN$) --– yr range $0.10-$0.40 Shares Issued ------------------- 59 million Shahé F. Sabag MSc PGeo - President-CEO and Director Fully Diluted --------------------- 70 mil
Slide 19: DNI Metals Inc. Narrative Summary
DNI METALS Inc. Narrative Summary DNI Metals Inc. holds 100% mineral rights interest in a 2,720 sq km property located approximately 120 km to the north of Fort McMurray, in the Athabasca oil sands region, in northeast Alberta, Canada. The Property extends over a 50kmx60km quadrant covering the east
Slide 20: Select References and NI 43-101 Note
DNI METALS INC *Section 2.3(2) of National Instrument 43-101 (“NI-43-101”), as enacted December 30, 2005, provides for written disclosure of the potential quantity and grade, expressed as ranges, of a “potential mineral deposit that is to be the target of further exploration”, provided the disclosur