Korab Resources Limited · ASX:KOR
Korab Resources — NT Resources Week (September 2016)
20 slides from Korab Resources's conference presentation, Sep 15, 2016
Slide 1: Mining the Territory
Korab Resources Limited Mining the Territory NT RESOURCES WEEK Andrej K. Karpinski Executive Chairman ASX: KOR
Slide 2: Diversified International Minerals Company
Diversified International Minerals KORAB Company RESOURCES LIMITED Precious metals, agricultural and industrial commodities Magnesium carbonate development project in the Northern Territory (Winchester) Phosphate rock quarry in the Northern Territory (Geolsec) Polymetallic exploration project in the
Slide 3: Magnesium Carbonate (Winchester)
Magnesium Carbonate KORAB (Winchester) RESOURCES LIMITED Large deposit of high grade magnesium carbonate rock Located 80km south of Darwin Local infrastructure includes water, power, gas, roads, rail, accommodation Granted mineral lease Low environmental footprint and impact Low CAPEX High return 2
Slide 4: Winchester Economics
KORAB Winchester Economics RESOURCES LIMITED CAPEX of ~$4 Mln (including $1 Mln contingency) EBITDA of $395 Mln EBITDA (in AU$ '000) Sensitivity to magnesite selling price at US$0.82 exchange rate Year/Volume YEAR 1 YEAR 2 YEAR 3 YEAR 4 YEARS 5-14 TOTAL Mag price @200KT @400KT @800KT @800KT @800KT U
Slide 5: Winchester Status
KORAB Winchester Status RESOURCES LIMITED Granted mining lease Test mining complemented Metallurgical, crushing and calcining studies completed Initial off take for raw magnesium carbonate secured Conditional funding secured Commenced work on permitting 4 ASX: KOR
Slide 6: Winchester test mining
KORAB Winchester test mining RESOURCES LIMITED 5 ASX: KOR
Slide 7: Magnesium carbonate markets
KORAB Magnesium carbonate markets RESOURCES LIMITED Key established markets Refractories - steel, cement, glass, energy, chemicals Flame retardants Buildings - mag wall, MgO board, mag cement, geopolymers Magnesium alloys – cars, airplanes, tanks, APC-s Hydrometallurgy – nickel/cobalt production Wat
Slide 8: Location of Winchester
KORAB Location of Winchester RESOURCES LIMITED 7 ASX: KOR
Slide 9: Geolsec phosphate
KORAB Geolsec phosphate RESOURCES LIMITED Located near Batchelor Potential low cost rock producer Actively marketing rock to overseas and domestic buyers Market for rock phosphate in oversupply Operations of Geolsec currently under review 8 ASX: KOR
Slide 10: Sundance gold mine
KORAB Sundance gold mine RESOURCES LIMITED 9 ASX: KOR
Slide 11: Sundance mining options
KORAB Sundance mining options RESOURCES LIMITED 10 ASX: KOR
Slide 12: Sundance mining option
KORAB Sundance mining option RESOURCES LIMITED 11 ASX: KOR
Slide 13: Sundance location
KORAB Sundance location RESOURCES LIMITED 12 ASX: KOR
Slide 14: Batchelor polymetallic project
KORAB Batchelor polymetallic project RESOURCES LIMITED Large 170km2 exploration licence + 50km2 exploration application Located near Batchelor with good road access Multiple gold, silver, zinc, lead, copper, nickel and cobalt prospects with 20 km long corridor Adjoins Winchester magnesium carbonate
Slide 15: Batchelor prospects
KORAB Batchelor prospects RESOURCES LIMITED 14 ASX: KOR
Slide 16: Batchelor geology
KORAB Batchelor geology RESOURCES LIMITED 15 ASX: KOR
Slide 17: Mt. Elephant/Ashburton project
KORAB Mt. Elephant/Ashburton project RESOURCES LIMITED Large exploration project located in a mostly unexplored part of northern WA south of Paraburdoo Multiple copper and gold prospects proximal to a crustal scale fault, coincident with high grade copper and gold rock chip and soil samples, EM anom
Slide 18: Bobrikovo gold and silver mine
KORAB Bobrikovo gold and silver mine RESOURCES LIMITED Historic mining region with very good infrastructure and highly BOBRIKOVO skilled workforce 3.3 million ounces Au JORC resource with significant potential to further build resource inventory Fresh rock mineralisation open at depth and along stri
Slide 19: Appendix 1 Winchester resource
Appendix 1 KORAB Winchester resource RESOURCES LIMITED At 40% MgO Cut-Off MgCO Mass MgO grade ‘000 Tonnes % Indicated Resources 12,200 43.1 Inferred Resources 4,400 43.6 Total 16,600 43.2 There has been no change to the Winchester mineral resource estimate since it was last reported in the Annual Re
Slide 20: Important Information
KORAB Important Information RESOURCES LIMITED This presentation has been prepared by Korab Resources Limited (“Korab” or the “Company”). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company or as an inducement to make an offer or invitation