Andromeda Metals Limited · ASX:ADN
Andromeda Metals — Investor Presentation (April 2018)
19 slides from Andromeda Metals's investor presentation, Apr 27, 2018
Slide 1: High Purity Alumina & Halloysite/Kaolin Development Opportunity
For personal use only HIGH PURITY ALUMINA & HALLOYSITE/ KAOLIN DEVELOPMENT OPPORTUNITY April 2018 ASX:ADN 1
Slide 2: Disclaimer
For personal use only DISCLAIMER The information in this presentation is published to inform you about Andromeda Metals Limited (“Andromeda” or the “Company”) and its activities. Some statements in this presentation regarding estimates or future events are forward looking statements. They involve ri
Slide 3: A Transformation for Andromeda
For personal use only A TRANSFORMATION FOR ANDROMEDA • Heads Of Agreement (“HOA") with Minotaur Exploration ("Minotaur”) to acquire HPA/Halloysite projects and divest the Rover Cu/Au project. Demand for HPA • Poochera Project (South Australia) includes the world class kaolin/halloysite Carey’s growi
Slide 4: Experienced Board and Management
For personal use only EXPERIENCED BOARD AND MANAGEMENT Rhod Grivas Non-Executive Chairman Geologist with 30 years experience, including 16 years of corporate/board experience. Previously taken projects from exploration to production, and was Managing Director of Dioro Exploration - South Kal/Frogs L
Slide 5: Poochera Project Overview
For personal use only POOCHERA PROJECT OVERVIEW Infrastructure • Adjacent to Streaky Bay, SA, 130km (by road) east from Ceduna • Port 15km from highway, power and rail infrastructure • Tenements located on freehold land (sheep/wheat) Defined Resource • Carey‘s Well kaolin (+halloysite) deposit: • JO
Slide 6: Carey's Well: Pathway to Production
For personal use only CAREY’S WELL: PATHWAY TO PRODUCTION • Complete HPA test work to confirm amenability of existing ore • Update 2012 JORC resource based on Halloysite test work on existing drill samples • Revise Scoping Study using updated resource and a dry-processing pathway • Conduct additiona
Slide 7: High Purity Alumina (HPA)
For personal use only HIGH PURITY 4N HPA CONSUMPTION BY APPLICATION (2016) ALUMINA (HPA) PRODUCT PURITY PRICE (US$/t) 13% 3N HPA 99.9% $6,000 • High Purity Alumina (HPA) is 4N HPA 99.99% $23,000 aluminum oxide (Al2O3) powder with a purity equal or greater than 99.99%. 15% 53% 5N HPA 99.999% $50,000
Slide 8: Global Opportunities: High Purity Alumina
For personal use only GLOBAL OPPORTUNITIES: HIGH PURITY • Traditional manufacturing of HPA involves utilising expensive refined aluminum metal and intensive labour and energy costs resulting in a significant cost of production, with a stringent ALUMINA overlay of environmental and government regulat
Slide 9: Halloysite: A Rare & High Value Kaolin Derivative
For personal use only HALLOYSITE: A RARE & HIGH VALUE KAOLIN DERIVATIVE • High quality tableware ceramics (porcelain, bone china and fine china) for whiteness, Halloysite is a rare ‘tubular shaped’ translucency and plasticity (Approx.$500mt) derivative of kaolin that has a wide • Catalysts – Fluid C
Slide 10: Global Opportunities: Nanotechnology Applications
For personal use only GLOBAL OPPORTUNITIES: NANOTECHNOLOGY APPLICATIONS • Replacement for expensive carbon nanotubes - energy storage and carbon-hydrogen capture and storage applications • Fibre reinforcement - plastics, body armour and blast protection • Micro-containers - delivery of drugs, biocid
Slide 11: Carey's Well Deposit: Scoping Study
For personal use only CAREY’S WELL DEPOSIT: SCOPING STUDY • Minotaur ran an internal Scoping Study on the Carey’s Well Deposit. • Pilot plant work demonstrated recovery of ~ 75% kaolin for semi-refined (dry processed) product. • A range of halloysite/kaolinite product blends were obtained. The resou
Slide 12: In Conclusion
For personal use only IN CONCLUSION • Acquisition of the Kaolin Project from Minotaur will provide Andromeda with an advanced project capable of being advanced rapidly through feasibility to a The price of development decision within 2-3 years halloysite kaolin • The project comprises a globally sig
Slide 13: Contact Details
For personal use only CONTACT DETAILS James Marsh Managing Director* *(Commencing 1st June 2018) Nick Harding Executive Director 69 King William Road Unley, South Australia P: 08 8271 0600 admin@andromet.com.au 13
Slide 14: Appendices
For personal use only APPENDICES 14
Slide 15: Farmin Deal Proposals
For personal use only FARMIN DEAL PROPOSALS Deal delivers Andromeda a cost effective entry into the HPA/Halloysite sector HOA TERMS Option Period 60 days Minimum Spend within 9 months $400,000 Spend to achieve 51% $3m within 2 years Spend to achieve additional 24% $3m within 3 years Other 75% on Dec
Slide 16: Poochera Project & Carey's Well Deposit
For personal use only POOCHERA PROJECT & CAREY’S WELL DEPOSIT JORC 2004 Measured Resource 16.3Mt with 45% yield of ‐45 micron kaolin, using an ISO Brightness R457 cutoff of 75 The Carey’s Well kaolin Mineral Resource Estimate, and the supporting Exploration Data was published by Minotaur Exploration
Slide 17: Carey Well: Process Flowsheet
For personal use only CAREY WELL: PROCESS FLOWSHEET Short Perfect for Simple low cost Rapid entry to construction resource and operation market time location Mining Stockpiles Lump Breaker Heated Classifier Mill Transport Bagging Operation Product Silo Bag House Filter 17
Slide 18: Simplified HPA Production Route
For personal use only SIMPLIFIED HPA PRODUCTION ROUTE Bauxite Mining Bauxite feedstock Alumina Refinery Smelter grade alumina Smelter grade alumina Aluminium metal (~30%Al) (~99.5%Al) (~99.5%Al) Traditional multi‐stage process route using refined aluminium metal VERSUS Aluminium metal Simplified rou
Slide 19: Thank You
For personal use only THANK YOU 19
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