Accent Resources Nl · ASX:ACS
Accent Resources Nl — Investor Presentation (July 2010)
35 slides from Accent Resources Nl's investor presentation, Jul 13, 2010
Slide 1: Investor Update
INVESTOR UPDATE For personal use only Accent Resources NL is pleased to advise that it has recently completed a road show to Chinese investors and potential partners for the purposes of assessing interest in its flagship Magnetite Range Iron Ore project. The road show presented to steel mills, commo
Slide 2: Accent Resources NL - Emerging Iron Ore Producer
For personal use only ACCENT RESOURCES NL Emerging Iron Ore Producer June 2010
Slide 3: Important notice and JORC compliance
Important notice and JORC compliance • This presentation has been prepared and issued by Accent Resources NL (“ACS”) with the objective of providing information to interested parties about ACS. This presentation should not be considered as an offer or invitation to subscribe for or purchase any secu
Slide 4: Corporate Snapshot
Corporate Snapshot Capital Structure For personal use only Ordinary Fully Paid Shares @ 30 June 2009 144,032,233 Unlisted Options 12c (expire 31st July 2010) 10,000,000 Unlisted Options 12c (expire 1st Dec 2012) 12,000,000 Market Capitalisation $A28,000,000 Cash (approx) $A3,500,000 Top 10 Sharehold
Slide 5: Accent Projects
For personal use only Accent Projects Arcadia Gold Magnetite Range Iron Norseman Gold Katanning Ti V
Slide 6: Overview
Overview • Focus on Accent’s 100% owned Magnetite Range Iron Ore Project For personal use only • Proximal to Extension Hill and Karara Mine Developments in Emerging Mid West Iron Ore Region • High Category Maiden Resource • More than 19,000m of drilling completed • 391Mt @ 30%Fe (30.8% DTR mass reco
Slide 7: Mid West Iron Ore Projects
For personal use only Mid West Iron Ore Projects Magnetite Range Geraldton Iron Ore Alliance GIOA
Slide 8: Emerging Iron Ore Region - Infrastructure Projects Increase
Emerging Iron Ore Region - Infrastructure Projects Increase Development Options For personal use only Energy • DBNG pipeline to supply >900 TJ/day • State Government Stage One 330kv network upgrade approved • Future power transmission lines to Karara and Extension Hill Rail • Oakajee Rail Network in
Slide 9: Magnetite Range - Not a remote deposit
Magnetite Range - Not a remote deposit • Infrastructure Upgrades in Mid-West • Easy Access via Sealed Highway For personal use only Region • Adjacent to Emerging Producers - Geraldton and Proposed Oakajee Ports • Adjoins Extension Hill Project - 45km from Karara Rail Spur or consider • 45km from Kar
Slide 10: Maiden Resource Estimate
Maiden Resource Estimate • 391Mt maiden resource estimate • 70% in Indicated category For personal use only This Area to • Extensively drilled - more than 19,000m in 128 be Drilled RC & DD holes • Excellent results in south • Some targets have not yet been drilled • Additional drilling to add to pro
Slide 11: Resource Statement
Resource Statement Magnetite Range Mineral Resource at 15% davis tube mass recovery For personal use only Head Assay Davis Tube Concentrate Values DTR mass Class Mt Fe % S% SiO2 % Al2O3 % Recovery % Fe % S% SiO2 % Al2O3 % Indicated 288.2 30.4 0.40 46.53 2.43 31.2 66.8 0.61 5.52 0.28 Inferred 102.8 2
Slide 12: Southern Area Exceeds Expectations
Southern Area Exceeds Expectations • Thick Banded Iron Formations MGD019: 91.5m @ 50.5% mass recovery to a For personal use only 69.2% Fe concentrate from 90.5m MGD018: 118m @ 43.2% mass recovery to a 67.5% Fe concentrate from 76m MGD021: 188 m @ 45.7% mass recovery to a 67.6% Fe concentrate from 11
Slide 13: Types of Mineralisation at Magnetite Range
Types of Mineralisation at Magnetite Range For personal use only 1. Coarse grained magnetite – low sulphur 3 2. Fine grained magnetite – low sulphur 3. Coarse grained magnetite – high sulphur 1 4. Fine grained magnetite – high sulphur Main types characterised by existing or in progress testwork 2 4
Slide 14: Metallurgical Testwork
Metallurgical Testwork • Significant metallurgical test work and process engineering studies completed For personal use only and underway • Julia prospect – Premium Product.. Simple processing produces high quality concentrate (high mass recovery, high Fe, low impurities). 75 and 45 micron grind siz
Slide 15: Testwork - Magnetite Concentrates
Testwork – Magnetite Concentrates Coarse Grained Low Sulphur LIMS Concentrate P80 = 75 microns For personal use only Mass Recovery Fe SiO2 Al203 P S % % % % % % Concentrate 45.9 69.2 4.20 0.12 0.004 0.003 Head Assay 100 37.0 42.00 0.64 0.066 0.036 Fine Grained Low Sulphur LIMS Concentrate P80 = 45 m
Slide 16: Pre-concentration route favoured
For personal use only Pre-concentration route favoured Dry cobbing pre-concentration route •Reduces water consumption •Improves milling efficiency •Early rejection of contaminants ahead of milling The mass recovery of magnetite is higher than for many other local projects (>40%) Opportunity for reco
Slide 17: Concentrator Process Design Criteria
Concentrator Process Design Criteria Based on bench-scale metallurgical testwork supervised by METS For personal use only Production Capacity 5 Mtpa concentrate Coarse grained types Plant Throughput 12.5 Mtpa Crushing Work Index average and max 5.4 kWh/t ;14.4 kWh/t Unconfined Compressive Strength a
Slide 18: Concentrator Flowsheet Development
Concentrator Flowsheet Development Operating Cost OPEX $A31.1 – 35.1/tonne concentrate (incl. transport and ship loading) For personal use only Comparable to OPEX for other proposed Australian magnetite projects
Slide 19: Infrastructure Engineering
Infrastructure Engineering Infrastructure review completed For personal use only Engineering estimates for transport infrastructure have been developed Scoping level Groundwater study completed Materials handling testwork completed to assist with pumping and product transport Slurry pipeli
Slide 20: Project Achievements
Project Achievements Advanced magnetite resource at Magnetite Range. Resource upgrade possible For personal use only Consolidation of landholding to 100% ownership of project Substantial drilling (+19,000m) and geological interpretation has allowed early recognition of ore types Extensive me
Slide 21: Study Team
For personal use only Study Team Mineral Resources Micromine Consulting Mine Design & Ore Reserves Golder Associates Geotechnical Golder Associates Process Engineering METS Infrastructure Engineering METS Metallurgical Testwork AMDEL, AMMTEC, Nagrom Environmental Golder Associates Hydrogeological Go
Slide 22: Katanning Vanadium Exploration
For personal use only Katanning Vanadium Exploration Mine Hill Red Hill Linda Sue • Large tenement holding , 80km strike. Titano vanadium magnetite outcrops • 85 shallow RC holes completed, significant vanadium intersections,. • Follow-up core drilling. Massive magnetite in gabbro - await assays • H
Slide 23: Red Hill Prospect
For personal use only Red Hill Prospect eastern limb Red Hill western limb • Partially tested 6km long target • Titano vanadium magnetite outcrops • Recent drilling massive magnetite in metagabbro – Await Ti V Magnetite Outcrop assays
Slide 24: Red Hill
Red Hill 08KTR075: 20m @ 0.65 per cent V 2O5 from 6 to 26m For personal use only Includes 6m @ 0.93 per cent V2O5 08KTR076: 12m @ 0.54 per cent V2O5 from 0 to 12m includes 4m @ 0.82 per cent V2O5 08KTR001: 4m @ 0.62 per cent V 2O5 from 0 to 4m 08KTR009: 17m @ 0.46 per cent V 2O5 from 0 to 17m includ
Slide 25: Mine Hill Prospect
For personal use only Mine Hill Prospect Mine Hill • Hole 10KTD001: Massive magnetite in metagabbro – Await assays 10KTD001 Drill Site • Priority follow up required
Slide 26: Linda Sue Prospect
For personal use only Linda Sue Prospect Ti V Magnetite Outcrop • Anomalous V2O5 geochemistry and Ti V magnetite • Hole K4 intersected 5m @ 0.36% V2O5 • Priority follow up required
Slide 27: Preliminary Vanadium Testwork
Preliminary Vanadium Testwork Mine Hill Magnetic Separation 300 microns %V2O5 % % % % % % % For personal use only wt% %V2O5 recovery Fe TiO2 SiO2 S CaO Al2O3 P LOI % LIMS magnetic concentrate 61.8 1.89 83.6 62.85 6.47 0.43 0.01 <0.01 2.42 0.00 -1.50 Scavenger conc 0.8 1.88 1.1 62.65 6.93 0.43 0.01 0
Slide 28: Geological Interpretation & Targets
For personal use only Geological Interpretation & Targets Source: Mackay & Schnellmann • Drill targets at Mine Hill, Red Hill and Linda Sue
Slide 29: Geological Targeting
For personal use only Geological Targeting • Follow up +20 regional geological / geochemical targets • Anomalous geochemistry and titano magnetite outcrop at Linda Sue priority target
Slide 30: Gold Projects
For personal use only Gold Projects • Arcadia Project – Significant Intersections • Norseman Project – Defined Gold Resources Arcadia Gold Norseman Gold
Slide 31: Arcadia Gold Project
For personal use only Arcadia Gold Project • Three +2 mill Oz gold deposits in district • Promising drill intercepts • 8m @ 3.89 g/t Au • 8m @ 4.24 g/t Au • 3m @ 5.93 g/t Au • 12m @ 1.7 g/t Au • Drill follow up proposed Arcadia Gold Project
Slide 32: Norseman Regional
Norseman Regional For personal use only 121o50’E Legend Jimberlana Dyke Granite Mt Kirk Formation 32o10’S Woolyeenyer Formation Norseman (2.2M ozs) Noganyer Formation (Mined 5M ozs) Penneshaw Formation Red White & Blue Surprise (24,000 ozs) Plant Fault Iron Duke Anticline, interpreted (41,300 ozs) 3
Slide 33: Norseman Gold Project
Norseman Gold Project Red White & Blue For personal use only Plant • Norseman Goldfield • Mining operations in district Surprise Resource 24,200oz Au • Defined two open cut resources Iron Duke Resource 41,300oz Au Lady Miller Open Cut
Slide 34: Iron Duke Deposit - Drill Cross Section
For personal use only Iron Duke Deposit – Drill Cross Section
Slide 35: Surprise Deposit - Drill Cross Section
For personal use only Surprise Deposit – Drill Cross Section
Accent Resources NL — Investor Presentation (July 2010) on 6ix