Platina Resources Limited · ASX:PGM
Platina Resources — Investor Presentation (November 2010)
22 slides from Platina Resources's investor presentation, Nov 22, 2010
Slide 1: Gold, Platinum, Palladium – The right metals at the right time
For personal use only ASX Code: C d PGM “Gold, Platinum, Palladium – The right metals at the right time” Thomas o as Abraham-James b a a Ja es – Exploration p o at o Manager a age November 2010 1
Slide 2: Disclaimer
Disclaimer For personal use only This presentation contains “forward-looking information” which may include, but is not limited to, statements with respect to the future financial or operating performance of Platina Resources Limited (“Platina”), its subsidiaries and its projects, the future price o
Slide 3: Why Invest in Platina?
Why Invest in Platina? For personal use only Platinum, palladium and gold explorer Focusedd on ttwo kkey projects F j t iin mining i i ffriendly i dl jurisdictions: • Skaergaard: a giant precious metal repository • Owendale: high high-grade grade platinum platinum, scandium and base metals project P
Slide 4: Corporate Strategy
Corporate Strategy For personal use only DEVELOP SKAERGAARD Continue to convert the deposit to indicated and measured resource Rapidly progress from pre-feasibility to d fi iti ffeasibility definitive ibilit study t d CREATE NEW RESOURCES Owendale: create maiden platinum and ppoly-metallic y resourc
Slide 5: Corporate Summary
Corporate Summary For personal use only Ordinary shares listing: ASX:PGM Basic issued & outstanding shares: 85.5m Options on issue: 15.4m Fully diluted: 104.4m Share Price ((17/11/10): ) 40c Management ownership (fully diluted): 5% Cash on hand: $1.9m Market capitalisation: $34.2m Top 20 shareholder
Slide 6: Board and management
Board and management For personal use only Reg Gillard, Non-Executive Chairman – BA, FAICD, FASCPA, MRAJWA • Reg has over 30 years experience in the formation, governance and financial maintenance of exploration and mining companies throughout the world. world Robert W. Mosig, Managing Director – MS
Slide 7: The Right Time to be in PGM's: The Supply Side
The Right Time to be in PGM’s: The Supply Side Measured and Indicated Resources By Region Platinum price up 14% in past year, Other Countries: 1.1% For personal use only United States: 2.5% palladium price up 91% Canada: 0.5% Production outages in South Africa Russia: 8.3% due to: • resource (electr
Slide 8: Demand: Robust Investment Further Underpins Prices
Demand: Robust Investment Further Underpins Prices Palladium For personal use only $/Oz Supply and fabrication demand Million Ounces 4 700 ETF Holdings Net Long Non-Commercial Positions fundamentals are expected to keep 3 Palladium Price 600 500 investors interested in PGMs over 400 the long term. 2
Slide 9: The Right Time to be in PGM's: The Demand Side
The Right Time to be in PGM’s: The Demand Side Vehicle Sales For personal use only Million Vehicles Million Vehicles Global vehicle sales to rise at a 80 Global Total Sales BRIC's Portion of Global Total Sales 80 70 70 compound annual growth rate of 60 60 around 5% over the next 10 years 50 50 40 40
Slide 10: Skaergaard
SKAERGAARD PGM & Gold Project #
Slide 11: Skaergaard: A giant precious metal deposit
Skaergaard: A giant precious metal deposit For personal use only At forefront of a new generation g of significant mineral projects in Greenland World-class inferred resource containing 29.6Moz palladium, 10.3Moz gold & 2.0Moz platinum 100%-owned (no production li ) royalties) No social or environme
Slide 12: Skaergaard: a world-scale resource with more to come
Skaergaard: a world-scale resource with more to come For personal use only Gold Zone contains 5.8Moz gold, 2Moz palladium Underlying Palladium Zone contains 6.4Moz 6 4Moz palladium palladium, 400 400,000oz 000oz gold Resource update in progress; emphasis on upgrading classification JORC and CNI 43-1
Slide 13: Skaergaard: Riding the palladium wave
Skaergaard: Riding the palladium wave For personal use only Soaring palladium price has prompted full review of project plan and economics Study will examine prospect of mining the Palladium Zone in addition to the Gold Zone Possible open-cut followed by underground Palladium Zone has consistent thi
Slide 14: Skaergaard: robust metallurgy
Skaergaard: robust metallurgy For personal use only Bench-scale testing by AMEC Flotation recoveries of up to: • 92.7% for gold • 89.7% 89 7% for f palladium ll di Small leach circuit will enable production of doré bars Creates ability to fly out a saleable product on a weekly basis, year round 14
Slide 15: Owendale
OWENDALE Multi-element Project
Slide 16: Owendale: on the road to production
Owendale: on the road to production Advanced exploration project, For personal use only progressing toward maiden resource calculation l l ti 100% owned Drilling results include: • 1m @ 6.5g/t platinum from 349m drilled depth (OWDD001) • 66m @ 0.8g/t platinum & 0.3% copper from 96m drilled depth (FK
Slide 17: Owendale: multiple prospects
Owendale: multiple prospects For personal use only 3 known prospects: p p Owendale North, Cincinnati and Kelvin Grove Owendale North, North partly tested by Platina Cincinnati and Kelvin Grove to be investigated in 2011 17
Slide 18: Owendale: 2011 Work Program
Owendale: 2011 Work Program For personal use only RC drilling program, Q1 2011 Maiden JORC resource estimate scheduled for Q2, 2011 Scoping p g study, y Q3 2011 18
Slide 19: For personal use only
For personal use only 19
Slide 20: Munni Munni: Australia's largest PGM resource
Munni Munni: Australia’s largest PGM resource For personal use only 40km south of Karratha, WA Located 40km from a deepwater port and 8km from rail access Grid power and groundwater available on the project site Recent review found open-cut scenario would generate operating surplus; underground mini
Slide 21: Planned 2011 Budget
Planned 2011 Budget For personal use only Skaergaard $4M Owendale $2M Other Exploration $1M Corporate costs $1.5M TOTAL $8 5M $8.5M 21
Slide 22: Gold, Platinum, Palladium – The right metals at the right time
For personal use only ASX Code: C d PGM “Gold, Platinum, Palladium – The right metals at the right time” Thomas Abraham-James – Exploration p Manager g November 2010 22
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