New Age Exploration Limited · ASX:NAE
New Age Exploration — Investor Presentation (March 2016)
18 slides from New Age Exploration's investor presentation, Mar 15, 2016
Slide 1: Redmoor Project Presentation
For personal use only Redmoor Project Presentation March 2016
Slide 2: Tin and Tungsten Outlook
Tin and Tungsten Outlook The LME Tin Price on 9 March 2016 reached US$17,350/t – up 16% year to date and the 3rd best performing metal this year after iron ore and gold For personal use only Tin Tungsten • Main uses: • Unique commination of properties • Lead free solder (electronics) (high density,
Slide 3: Redmoor Location and Ownership
Redmoor Location and Ownership • Redmoor Project located in the world class Cornwall tin– For personal use only tungsten–copper mineralised district • ‘Mining friendly’ region with Imerys and Wolf Minerals currently operating open pit mines (China Clay and Tungsten) • Excellent local infrastructure
Slide 4: Geology and Historic Mining
Geology and Historic Mining • Tin, Tungsten & Copper mineralisation spatially related to granite intrusions which caused mineral For personal use only containing fluids to be mobilised along fractures and faults • Redmoor located adjacent to the Kit Hill Granite - source of mineralised fluids • 2 st
Slide 5: Redmoor Project – 3D View Looking East
Redmoor Project – 3D View Looking East For personal use only 5
Slide 6: 2015 Mineral Resource Update
2015 Mineral Resource Update • Review of historical drilling (35 holes), mining and geological data recently completed resulting in a number of For personal use only high grade lodes being identified • Updated Inferred Mineral Resource Statement and Exploration Target for the Redmoor Project complet
Slide 7: 2015 Exploration Target
2015 Exploration Target The high grade Exploration Target is 2 to 3 times the size of the High Grade Resource at a similar For personal use only expected grade highlighting the exciting exploration potential High Grade Exploration Target • 4Mt to 6Mt with an estimated grade of between 0.6% WO3Eq (0.
Slide 8: Schematic Cross Section
Schematic Cross Section For personal use only 8
Slide 9: Johnsons Lode
Johnsons Lode Historic Mining • Mined to 250m depth over a strike For personal use only length of ~200m • Average recovered grade of 1.0% Sn & 0.6% WO3 (WO3Eq 1.2% or SnEq 1.9%) Inferred Resource • 920m strike length, 340m down dip extent • Resource based on 7 drillhole intercepts Exploration Target
Slide 10: Great South Lode
Great South Lode Historic Mining • Not mined but has ~125m of For personal use only development within the lode • Assays of 1.4%Sn to 6.1%Sn from development sampling Inferred Resource • 525m strike length, 620m down dip extent • Resource based on 13 drillhole intercepts Exploration Target • Extensi
Slide 11: Kelly Bray Lode
Kelly Bray Lode Historic Mining For personal use only • Mined to a depth of 230m over a strike length of 325m • Records indicate that primarily Cu ore was mined but that Sn and WO3 grades were increasing with depth and largely ignored by previous mining Inferred Resource • Insufficient drilling data
Slide 12: Mining Study
Mining Study • Preliminary Mining Study completed by technical consultants, Mining One including; stope optimisation, high level mine design, high level capital and operating costs for two options For personal use only • Bench stoping with backfill underground mining method assumed • High level mine
Slide 13: Mineral Processing Study
Mineral Processing Study “Redmoor is a coarse grained, simple to process ore For personal use only with expected low processing costs and high recoveries” • Preliminary Mineral Processing study completed by metallurgical consultant, Ron Goodman including preliminary metallurgical flowsheet design, c
Slide 14: Proposed Exploration Program
Proposed Exploration Program • Encouraging results from an internal evaluation of the Redmoor project (stand alone and toll processing options) For personal use only • 3 Phase exploration program aimed at converting a portion of the Exploration Target to Inferred Resource and at upgrading a portion
Slide 15: Lochinvar Coking Coal Project
Lochinvar Coking Coal Project For personal use only • NAE owns 100% of Lochinvar, a low cost coking coal project, ideally located to supply UK and European steel mills • Scoping study completed in 2014 demonstrated robust economics with an NPV of US$263M and IRR of 20% (at forecast prices) • Activit
Slide 16: Company and Board Summary
Company and Board Summary Gary Fietz Managing Director For personal use only ASX Code : NAE Geologist with 25+ years experience in exploration, business development and Share Price : A$0.005 (09 March 2016) project evaluation. Previously VP Iron Ore Business Development with BHP Ordinary Shares: 343
Slide 17: Disclaimers
Disclaimers This report contains “forward-looking information” that is based on the Company’s expectations, estimates and forecasts as of the date on which the statements were made. For personal use only This forward-looking information includes, among other things, statements The forward looking in
Slide 18: New Age Exploration Limited
For personal use only New Age Exploration Limited ABN 64 004 749 508 Level 3, 480 Collins Street Melbourne, VIC 3000 Australia Phone: +61 3 8610 6494 Fax: +61 3 8610 6334 Email: info@nae.net.au Website: nae.net.au
New Age Exploration — Investor Presentation (March 2016) on 6ix