Heavy Minerals Ltd · ASX:HVY
Heavy Minerals — NWR Virtual Conference (September 2022)
14 slides from Heavy Minerals's conference presentation, Sep 14, 2022
Slide 1: Focused on Industrial Minerals
FOCUSED ON Industrial Minerals SEPTEMBER 2 0 2 2 | A S X : H V Y
Slide 2: Important Notice
Important Notice This presentation has been prepared by Heavy Minerals Limited and its related entities (the “Company”). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. You should not treat the con
Slide 3: Investment Highlights
Investment Highlights Heavy Minerals Limited (HVY) is an Emerging Industrial Minerals Explorer with Projects adjacent to world class deposits in pro-mining jurisdictions • Western Australia – Port Gregory Project: JORC Mineral Resource 135 MT @ 4.0% THM containing 4.9 Mt Contained Garnet Titanium In
Slide 4: Capital Structure
Capital Structure1 Directors 18.9% ASX CODE SHARES ON ISSUE1 MARKET CAP1 Retail HVY 56.43M $9M 33.5% CASH2 DEBT1 EV3 Remaining Top 20 $2.41M nil $6.6M 47.6% Position Holder Name % IC 1 CHRISTOPHER ADAM SCHOFIELD 4,104,283 7.27% 2 GLENN SIMPSON 3,963,445 7.02% 3 MR KENNETH JOSEPH HALL 3,846,071 6.81%
Slide 5: Board of Directors
Board of Directors Adam Schofield GREG JONES GLENN SIMPSON Non-Executive Chairman Non-Executive Director Non-Executive Director Mr. Schofield is a mining company Over 25 years’ experience as a mineral sands Mr. Simpson has been a Chartered executive with over 20 years’ experience Geologist with Iluk
Slide 6: Port Gregory
Port Gregory JORC Mineral Resource 135 MT @ 4.0% THM THM Assemblage (2) Summary of Mineral Resource estimate (1) Classification 4.9 Mt contained garnet (96% VHM fraction in THM) Material (Mt) In Situ THM (Mt) In Situ Garnet (Mt) THM (%) SL (%) OS (%) Garnet (%) Ilmenite (%) Zircon (%) Rutile (%) Ana
Slide 7: Scoping Study Results
Scoping Study Results • Substantial NPV8 (real) of AUD$253M relative to HVY market capitalisation of $9.96M (at 18.5 cps) AUD$253M 4.2 years AUD$1.59B After Tax NPV Payback period LOM Revenue • 16-year mine life with the potential to extend with further successful drilling (planned for 2022) • Low C
Slide 8: Simple Mining
Simple Mining Production Method Production flow diagram • Conventional dozer trap mining (MUP) • 488 TPH to produce a slurry that is pumped to a Wet Concentration Plant (WCP) • Heavy Mineral Concentrate (HMC) is produced via processing the sand fraction through a series of gravity spirals and up-cur
Slide 9: Garnet to 2030
Garnet to 2030 HVY’S unique opportunity is the Global average (nominal) Garnet price (unrefined)1 significant and widening supply deficit Current price (USA3) forecast from 2022 onwards2 540 kt deficit in 2030 without new sources of supply TZMI 2021 long-term forecast price of US$210 per tonne (inde
Slide 10: Red Hill Discovery
Red Hill Discovery Red Hill prospect: 37 km south of Port Gregory Project HVY will continue exploration of its tenure for garnet and High grade garnet from surface other industrial minerals Analogous to the Port Gregory Project High Priority Exploration target AC drilling in Q3 2022 Red Hill highlig
Slide 11: Inhambane Mineral Sands Project
Inhambane Mineral Sands Project OWNERSHIP 213.8 km2 of tenure under mining application: Adjacent to HV power, road and the Port of Inhambane. 70% 30% Mining Concession application lodged (25-year tenure), Heavy Minerals Local pending regulatory approvals Partners JORC Inferred Mineral Resource of 90
Slide 12: JORC Mineral Resource
JORC Mineral Resource Inhambane 2022 metallurgy results1 – Highly marketable product suite (No roasting): Primary ilmenite containing 49.8% TiO2 , 0.6% SiO2, 0.4% Al2O3 and <0.1% Cr2O3 Zircon containing 66% Zr02 with < 500ppm U + Th High Titanium product containing > 90% Ti02 1 W E Potential strandl
Slide 13: Market Outlook – Mineral Sands
Market Outlook – Mineral Sands1 Heavy Mineral Sands Market Dynamics – Rapid uplift in pricing over the last 18 - 24 months Existing producers are seeing an increase in pricing Full suite of valuable heavy minerals (VHM) have on the full suite of valuable heavy minerals (VHM) seen growth over the pre
Slide 14: www.heavyminerals.com
Registered Office: Level 8, London House 216 St Georges Terrace Perth Western Australia 6000 Phone: (08) 9481 0389 Fax: (08) 9463 6103 Email: info@heavyminerals.com www.heavyminerals.com
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