Bezant Resources Plc · LSE:BZT
Bezant Resources — Investor Presentation (March 2023)
23 slides from Bezant Resources's investor presentation, March 2023
Slide 1: Corporate Presentation March 2023
CORPORATE PRESENTATION MARCH 2023 WWW.BEZANTRESOURCES.COM 1
Slide 2: Disclaimer
DISCLAIMER The information contained in this document, including any information and opinions contained or discussed in any accompanying oral presentation, question and answer session and any other materials distributed in connection with this document (the ‘Presentation’) has been prepared by or on
Slide 3: Board of Directors
BOARD OF DIRECTORS Colin Bird Chief Executive Officer & Chairman Mr Bird is a Fellow of the Institute of Materials, Minerals and Mining and a UK Chartered Engineer. He also holds a UK and South African Mine Managers Certificate for coal mines. The formative part of his career was spent in the UK coa
Slide 4: Mission Statement
MISSION STATEMENT Namibia, Hope and Gorob Project: • To advance the Hope and Gorob mining license application • To re-work the Hope and Gorob resource statement following the successful drilling campaign in 2022 • Develop an exploration programme for the general 17 km of strike at Hope and Gorob, a
Slide 5: Bezant Project Overview
BEZANT PROJECT OVERVIEW Region Project Status Cu Cu Cu Philippines Mankayan • BZT has a 26.36% holding in the Project Cu - Au • Feasibility and mine design studies underway • Snowden’s JORC (2004) resource statement was updated to a JORC (2012) Mineral Resource Estimate in 2020: Indicated & Inferred
Slide 6: Hope & Gorob, Namibia (Cu – Au)
HOPE & GOROB, NAMIBIA (Cu – Au) 6
Slide 7: Hope & Gorob, Namibia (Cu – Au)
HOPE & GOROB, NAMIBIA (Cu – Au) • Mining Licence application pending issue & ESIA being commissioned • 3 Exploration Licences active • UG Indicated/Inferred Mineral Resource Estimate (JORC 2012) completed • 10.18Mt @ 1.89% Cu & 0.3 g/t Au @ 0.7% Cu cut-off • 192kt Cu metal & 3,190kg Au • Additional
Slide 8: Hope & Gorob, Namibia (Cu – Au)
HOPE & GOROB, NAMIBIA (Cu – Au) Short-term Production Focus • Mineral Resource Estimate pending for Hope open pit • Targeting 3Mt @ 1% Cu to 100m depth • Open pit highwall to provide entry point for primary UG development to access JCI shaft & high-grade UG resource Medium-term Exploration • Continu
Slide 9: Kanye, Botswana (Mn)
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Slide 10: Kanye, Botswana (Mn)
KANYE, BOTSWANA (Mn) • South-central Botswana, 70km by road from Gaborone • 2 prospecting licences Moshaneng Prospect • Trench sampling returned assays of 41.4%, 49.23% & 40.83% MnO (Bezant) from 1m wide zones of siliceous manganese in a mineralised zone of 40m @ 11.53% MnO Loltware Prospect (Bezant
Slide 11: Mankayan, Philippines (Cu – Au)
MANKAYAN, PHILIPPINES (Cu – Au)
Slide 12: Mankayan, Philippines (Cu – Au)
MANKAYAN, PHILIPPINES (Cu – Au) • Cu - Au porphyry deposit • Located 240km north of Manila on Luzon Island, Philippines • Bezant holds a 26.36% interest in Mankayan • JORC (2012) Mineral Resource Estimate update produced in 2020: Indicated & Inferred 793Mt and 2.8Mt Cu, 9.6Moz Au & 20Moz Ag • Renewa
Slide 13: Mankayan, Philippines (Cu – Au)
MANKAYAN, PHILIPPINES (Cu – Au) · Discussions with private equity and mining finance houses for the funding Option 3 4 8 9 of the Pre-Feasibility Studies work programme (Comparator) Medium Rate Scaled Intermediary Description 24mtpa 12mtpa 6mtpa 6mtpa IRR pre-tax and royalty Cu $3/Ib 29% 27% 21 14 •
Slide 14: Eureka, Argentina (Cu - Au)
EUREKA, ARGENTINA (Cu - Au) <p} BEZANT 14
Slide 15: Eureka, Argentina (Cu - Au)
EUREKA, ARGENTINA (Cu - Au) • 11 licences cover 10,000ha located in the NW of Jujuy province, N Argentina • 100% ownership of title • Geology dominated by the Bolivian – Argentinian Tertiary Belt • Ordovician gold-bearing quartz veins resulting in placer deposits • Miocene auriferous conglomerates a
Slide 16: Bezant Investment Case
BEZANT INVESTMENT CASE Namibia: Company established in Namibia with immediate prospects for mine development and further expansion towards a potential large – scale copper - gold project Botswana: A well positioned battery manganese project in a mining friendly jurisdiction Philippines: Retained 26.
Slide 17: Copper and Green Energy Transition
COPPER AND GREEN ENERGY TRANSITION 17
Slide 18: Green Energy Transition
GREEN ENERGY TRANSITION • Cu is essential to ALL energy transition plans • Energy Transition requires electrification on an unprecedented scale • Substitution and recycling will not meet the demands of EV’s, renewable power generation and power storage infrastructure • There is an urgent need to upg
Slide 19: Global Recognition of the Importance of Copper
GLOBAL RECOGNITION OF THE IMPORTANCE OF COPPER World Bank: “A low-carbon future will be very mineral intensive because clean energy technologies need more materials than fossil-fuel-based electricity generation technologies” IMF: “Striving to achieve net zero by 2050 is likely to spur unprecedented
Slide 20: Copper Demand
COPPER DEMAND • Global refined copper demand is projected to double from 25MMt in 2021 to nearly 49MMt in 2035 • Energy transition technologies will account for approximately half of the growth in demand • Cu production worldwide has never produced at the rate required to meet projected demand • Cu
Slide 21: Copper Supply Constraints
COPPER SUPPLY CONSTRAINTS • Rapid deployment globally of Energy Transition technologies will cause a huge surge in copper demand • Assuming aggressive capacity utilization rates and record recycling rates, refined copper demand will outstrip supply up to 2035 • The shortfall in Cu demand is projecte
Slide 22: Refined Copper Usage
REFINED COPPER USAGE • Growth in Cu demand will vary significantly by technology • During the period 2021 to 2035 Cu demand is projected to increase by 82% Sector demand during the same period: 2021 2035 Power and auto Sectors: 2.2MMtpa 9.3MMtpa Transmission/Distribution: 4.7MMtpa 7.5MMtpa Power Gen
Slide 23: Democracy Index 2021
DEMOCRACY INDEX 2021 • Information derived from Economist Intelligence Unit Democracy Index 2021* (“EIU”) annual report on democracy 10 9 8 • The Democracy Index provides a snapshot of the state 7 of democracy worldwide in 165 independent states 6 and two territories 5 4 • This covers almost the ent
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