Gem Resources Plc · LSE:GEMR
Gem Resources — URA Holdings — Investor Presentation (November 2023)
19 slides from Gem Resources's investor presentation, November 2023
Slide 1: Investor Presentation
URA HOLDINGS PLC November 2023 Investor Presentation African Mineral Exploration and Development Company (LSE:URAH)
Slide 2: About us
BACKGROUND ON URA About us URA listed on the Standard Market of the London Stock Exchange as an African focused mineral exploration company on 2 March 2022 URA’s strategy is to seek unique, value-enhancing opportunities Strategy in the minerals sector with Southern Africa URA’s main focus is bringin
Slide 3: Board & Management
John Treacy Board & Management Independent Non Executive Director Corporate financier and former solicitor with experience in Capital Markets, Mergers & Acquisitions, IPOs and placings – currently independent Non Executive Director of Ananda Edward Nealon Dr Bernard Olivier Developments plc Non Exec
Slide 4: Gravelotte Emerald Mine (GEM) Overview
Gravelotte Emerald Mine is located in NE South Africa AN OVERVIEW approximately 50km from the Kruger National Park. Much of the Gravelotte Emerald extensive mine site infrastructure has recently been refurbished and upgraded in preparation for recommencing operations Mine (GEM) Gravelotte Emerald Mi
Slide 5: Gravelotte Emerald Mine – A Rich History
AN OVERVIEW Gravelotte Emerald Mine – A Rich History Original Share Certificate For Gravelotte Emerald Mine from 1938 Sorting tables at Gravelotte Emerald Mine in 1978; URA replaces hand sorting through Mechanised Optical Sorting 5 GEM 5
Slide 6: Maiden JORC Mineral Resource
NOV 2022 – ACA HOWE INT. Maiden JORC Mineral Resource Total Independent maiden JORC (2012) Mineral Resource Estimate of 29 million carats of contained emerald established by ACA Howe International (See Table 1) Prior to the work conducted by URA in 2022 Gravelotte had no code-compliant Mineral Resou
Slide 7: Additional JORC Exploration Targets
NOV 2022 – ACA HOWE INT. TABLE 2 Additional JORC JORC Exploration Target mineralisation for the Gravelotte Emerald Mine Exploration Targets Exploration Target Tonnage Range Grade Emerald Content 12 Additional JORC (2012) Exploration Targets totalling between (MT) (g/t) Million carats Min Max Min Max
Slide 8: 3D Geological Model
NOV 2022 – ACA HOWE INT. 3D Geological Model 3D GEOLOGICAL MODEL 8
Slide 9: Gravelotte Mine site and infrastructure photo
Gravelotte Mine site and infrastructure photo GRAVELOTTE MINE SITE PHOTO 9
Slide 10: Mine Infrastructure
Mine Infrastructure: The Gravelotte Mine comprises: • Established infrastructure currently being upgraded and refurbished for mine restart • Existing and accessible open pits with JORC Resource established in 2022 based on recent drilling and historical mining data • Nearby and available work force
Slide 11: Ongoing mine restart activities
Ongoing mine restart activities: • Significant on site work both ongoing and completed as part of preparing for the restart of mining operations at the Gravelotte Emerald Mine: Angelon Optical Sorter o Upgrade of water supply and water storage capacity available for processing operations Vibrating S
Slide 12: Optical Sorter
Optical Sorter • Custom-made Optical Sorter current being manufactured at Angelon following at successful completion of testwork. • Manufacturing expected to be completed in late October / early November • Optical sorter will be shipped to site in containers • Manufacturer sending engineers to site
Slide 13: Emerald Market & Price Trends
GEMFIELDS (AIM:GEM) ACHIEVE RECORD EMERALD SALES DURING 2022 Emerald Market & Price Trends Emerald demand is driven by the increased promotion and marketing of high-end coloured gemstones as tangible, high-value safe-haven investment. These safe- haven investments, designed to offer wealth protectio
Slide 14: Emerald price per carat more than doubles for high quality emeralds
Emerald price per carat more than doubles www.gemval.com for high quality emeralds over 12 months. 2021 In December 2021, price per carat achieved at auction for high-quality emeralds increased to US$ 150.65. This is 2.5 times higher than the price per carat price achieved in December 2020 and over
Slide 15: Zambian Strategic Minerals Project
AN OVERVIEW Zambian Strategic Minerals Project 100% Ownership of two licences located in NE Zambia, covering over 1,200km2 (~296,500 acres) • Acquired prior to the acquisition of the Gravelotte Emerald Mine • Significant potential but greenfields exploration project requiring capital • Work in Zambi
Slide 16: Environmental, Social & Governance (ESG)
Environmental, Social & Governance (ESG) • Environmentally friendly operations • No Chemicals used in mine’s emerald processing circuit • Water used in emerald processing plant will be re-circulated and re-used • Historic gold slimes and tailings on mine site now 80% rehabilitated • Various game spe
Slide 17: Capital Structure
Major Shareholders Capital Structure AFRICA CRITICAL METALS LIMITED* Pershing Nominees Limited 60,000,000 10,945,746 34.81% 6.45% The Bank of New York (Nominees) Limited 9,219,396 6.45% Top Shareholders(>3%) and Management Ed Nealon 8,834,615 5.13% as at 1 October 2023 GHC Nominees Limited 7,741,499
Slide 18: Gravelotte Mine Summary of Opportunity
SUMMARY Gravelotte Mine Summary of Opportunity Large historic economically successful emerald mine with well known Strong Management team with proven track record in mining including geology, existing infrastructure, granted Mining License and near-term production pathway in coloured gemstones URA e
Slide 19: Disclaimer
Disclaimer The information contained in this presentation is provided as at the date of its publication and is subject to updating, completion, revision, amendment and further verification and does not purport to contain all information that may be required to evaluate URA Holdings plc (the "Company