Platina Resources Limited · ASX:PGM
Platina Resources — Investor Presentation (January 2020)
19 slides from Platina Resources's investor presentation, Jan 28, 2020
Slide 1: Skaergaard Project – Scoping Study Highlights
For personal use only SKAERGAARD PROJECT One of the world’s largest undeveloped gold and palladium resources Scoping Study Highlights January 2020
Slide 2: Strong development potential
SKAERGAARD GOLD & PGM PROJECT Strong development potential For personal use only One of the world’s largest undeveloped gold and palladium resources. • Scoping Study completed in December 2019 highlights development potential • Significant JORC Mineral Resource of palladium, gold and platinum. Poten
Slide 3: Strong development potential
SKAERGAARD GOLD & PGM PROJECT Strong development potential For personal use only A$16 million invested in drilling, metallurgy and studies. • Located on the east coast of Greenland • 100% owned by Platina • 68 drill holes and 35,000m of diamond drilling • Updated Scoping Study completed in December
Slide 4: Palladium more precious than gold
MARKET FUNDAMENTALS Palladium more precious than gold For personal use only • One of the best performing metals in 2019 • Price peaked at US$2,500/oz in January 2020 • Palladium's largest single use (~85%) is in automotive catalytic converters which clean petrol vehicle exhaust emissions • Few prima
Slide 5: Palladium demand driven by environmental benefits
MARKET FUNDAMENTALS Palladium demand driven by For personal use only environmental benefits • Rare precious / industrial metal with unique catalytic and physical properties • Dominant material for gasoline (petrol) engine auto-catalyst emission controls including hybrids • Stricter global emission s
Slide 6: Greenland a land of opportunity
PROJECT LOCATION Greenland a land of opportunity For personal use only Greenland has had a number of historical operations including lead, zinc, gold, and various industrial mineral • There are a number of advanced development projects including: • Citronen (zinc/lead) • Kvanefjeld (rare earths) • N
Slide 7: Location
SKAERGAARD GOLD & PGM PROJECT Location For personal use only • Located Greenland east coast, approximately 450km west of Iceland • Nearest townships are Ittoqqortoormiit 500km to the north-east and Tasiilaq 500km to the south • Nuuk, the capital of Greenland, is located approximately 1,000km to the
Slide 8: Exploration licences
SKAERGAARD GOLD & PGM PROJECT Exploration licences For personal use only • Platina controls two Exploration Licences: • EL2007/01* 100 km2, (hosts the Skaergaard deposit) • –EL2012/25, 16 km2, located 10km east of EL2007 • The project is 100% owned by Platina with no royalties or encumbrances Skaerg
Slide 9: History
SKAERGAARD GOLD & PGM PROJECT History For personal use only 2008 2011 2019 Scoping Study prepared by SRK 11 diamond drill holes completed Updated Scoping Study Consulting (UK) • Platina acquired the project Five diamond drill holes completed from the Greenland Bureau of Exploration camp established
Slide 10: Geology & mineralisation
SKAERGAARD GOLD & PGM PROJECT Geology & mineralisation For personal use only • Skaergaard intrusion is an example of a layered mafic igneous complex with stratiform PGM with gold and iron- titanium oxide mineralisation • Intrusion exposed over an area of 70km2 with dimensions of 7.5km east-west and
Slide 11: Geology & mineralisation
SKAERGAARD GOLD & PGM PROJECT Geology & mineralisation For personal use only • In between the three reef structures, there are two middling zones (H2 and H4) which are thick but low grade in gold and palladium but contain iron, titanium and vanadium Skaergaard Project SLIDE / 11
Slide 12: Mineral resource
SKAERGAARD GOLD & PGM PROJECT Mineral resource For personal use only • Main Mineral Resource within three reefs of the Triple Group horizon: • H0 – palladium rich mineralisation • H3 – gold and palladium mineralisation • H5 – gold rich mineralisation • Mineralisation outcrops at surface and extends
Slide 13: JORC Mineral Resource
SKAERGAARD GOLD & PGM PROJECT JORC Mineral Resource For personal use only Wardell Armstrong International (WAI) July 2013 JORC Mineral Resource (1g/t AuEq cut-off) Resource Tonnes Au Pd Pt AuEq Au Pd Pt Classification (kt) (g/t) (g/t) (g/t) (g/t) (Moz) (Moz) (Moz) Indicated 5,080 1.25 0.88 0.06 1.66
Slide 14: Example geological cross section of triple group
SKAERGAARD GOLD & PGM PROJECT Example For personal use only geological cross section of triple group Skaergaard Project SLIDE / 14
Slide 15: Mineralogy & metallurgy
SKAERGAARD GOLD & PGM PROJECT Mineralogy & metallurgy For personal use only • Skaergaard mineralogy is unique • Leaching of the concentrates has demonstrated the potential to produce gold doré on site • ~90% of PGM and Au-bearing minerals are associated with base metal sulphides • Preliminary result
Slide 16: Scoping study 2019
SKAERGAARD GOLD & PGM PROJECT Scoping study 2019 For personal use only • The Scoping Study was based on the Skaergaard Mineral • The significant increase in the price of palladium in Resource report prepared by Wardell Armstrong in July recent has had a positive impact on the project’s 2013 (see ASX
Slide 17: Next steps
SKAERGAARD GOLD & PGM PROJECT Next steps For personal use only • Advancing to feasibility stage will require: • drilling to convert inferred to indicated mineral resources (estimated at more than 10,000 metres) • detailed metallurgical test work to determine processing characteristics and refine the
Slide 18: Disclaimer
Disclaimer For personal use only CAUTIONARY AND FORWARD-LOOKING STATEMENTS COMPETENT PERSON STATEMENT This presentation contains “forward-looking information” which may include, but is not limited to, The information in this presentation that relates to the Mineral Resources and Ore Reserves were la
Slide 19: Contact
For personal use only CONTACT Corey Nolan Managing Director Telephone: +61 7 5580 9094 Email: admin@platinaresources.com.au platinaresources.com.au
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