Andromeda Metals Limited · ASX:ADN
Andromeda Metals — Exchange SA Conference 2019
18 slides from Andromeda Metals's conference presentation, Sep 26, 2019
Slide 1: Andromeda: An Emerging Force in Industrial Minerals
ExchangeSA Presentation Sep 2019 Andromeda An Emerging Force in Industrial Minerals 2018 ANNUAL GENERAL MEETING Managing Directors Address ASX:ADN
Slide 2: Company Presentation
Andromeda Metals Limited (ASX:ADN) Company Presentation James Marsh Managing Director 2
Slide 3: Our Vision
To be a world leading producer of halloysite kaolin, and specialist nanotube technology company Our Vision 3
Slide 4: The Andromeda Evolution
The Andromeda Evolution Development Program • Andromeda Metals born January 2017 • Entered into a JV with Minotaur Exploration (ASX:MEP) for the Poochera Project - April 2018 • JORC 2012 Resource – August 2018 • Acquired Mt Hope tenements – October 2018 • High Purity Alumina (HPA) Testing Completed
Slide 5: Company Snapshot
Company Snapshot Rhod Grivas - Non-Executive Chairman ▪ Geologist with 30 years experience Capital Structure (26/09/2019) ▪ 16 years of corporate/board experience Shares on Issue 1,356,485,250 ▪ Taken projects from exploration to production Listed Options ($0.012/sh, exp 30/11/2020) 703,602,124 ▪ Ex
Slide 6: The Andromeda Transformation
The Andromeda Transformation Transforming from gold-copper explorer to industrial minerals developer Primary Project Focus ▪ Poochera Halloysite-Kaolin Project JV with Minotaur Exploration ▪ Building an experienced team Kaolin ▪ Halloysite-Kaolin Explorer, Developer and Producer 6
Slide 7: Joint Venture Projects
Joint Venture Projects Minimising Holding Costs/Maximising Value ▪ JV with Evolution Mining - Gold in Qld ▪ JV with Environmental Copper Recovery - Copper in SA ▪ JV with Cobra Resources PLC - Gold in SA ▪ Gold project in Pilbara - Opportunities being investigated 7
Slide 8: Poochera Project - Overview
Poochera Project - Overview • World class halloysite-kaolin deposit • Estimated short timeframe to production • Very long mine life • Offtake Letters of Intent signed for almost 1 million tpa of three product forms: 1. Direct Shipping Ore (DSO) 2. Dry-processed 3. Wet-refined • High Purity Alumina (
Slide 9: Defined Resource
Defined Resource JORC 2012 Resource Estimate for Carey’s Well ▪ Halloysite component of 9.7Mt* ▪ Total 20Mt of “bright white” kaolinised granite (includes 9.7Mt halloysite component) ▪ Drilling campaign recently completed and analysis in progress ▪ Significant exploration targets** Carey’s Well Prop
Slide 10: What is Halloysite Kaolin?
Typical Kaolin with Plate-Like Structure What is Halloysite Kaolin? (Al2O3 2SiO2.2H2O) Halloysite is a rare ‘tubular shaped’ derivative of kaolin The Poochera resource is a naturally occurring hybrid blend of halloysite and kaolin Halloysite Kaolin Hybrid Pure Halloysite with Tubular Structure (Al2O
Slide 11: Where is Halloysite-Kaolin Used?
Where is Halloysite-Kaolin Used? Mature Established Markets ▪ Ceramics - for high-quality porcelain ▪ Catalysts - for Fluid Catalytic Cracking (FCC) New and Emerging Markets ▪ High Purity Alumina production (HPA) ▪ Halloysite Nanotube Technologies Indicative Relative Commercial Values ▪ DSO (50% san
Slide 12: The World of Halloysite Nanotechnology
The World of Halloysite Nanotechnology Emerging Applications: ➢ Hydrogen Storage and Transport ➢ Batteries and Super-Capacitors ➢ Water Purification ➢ Carbon Dioxide Capture - Storage and Conversion to Fuel ➢ Medical Delivery of Drugs ➢ Construction – Delivery of Biocides ➢ Agriculture – Delivery of
Slide 13: Marketing Strategy
Marketing Strategy Opportunities Short Term– early cash flow ▪ Direct Shipping Ore ▪ Wet Refining Toll Process (China/Japan) – premium product Medium Term ▪ Dry or Wet Process at Mine Site ~50% waste reduction ▪ Wet Refining Toll Process (China/Japan) – premium product Long Term ▪ Premium HPA feedst
Slide 14: Mine Plan
Mine Plan ▪ Open cut mine ▪ Shallow/Low stripping ratio ▪ Stockpile at site and/or near port facility ▪ Pit backfill and progressive mine rehabilitation Typical Dry Mining Kaolin Operation 14
Slide 15: Processing Options
Processing Options ▪ Dry-processing to remove 50% waste (sand) and 10% moisture ▪ Transport cost reduced approx. half ▪ Potential to give market ready products ▪ Potential to wet-refine overseas 15
Slide 16: Existing Infrastructure
Existing Infrastructure ▪ Adjacent to Streaky Bay, SA ▪ Several port opportunities offer suitable shipping options 16
Slide 17: In Summary / Thank You
In Summary ▪ South Australia has one of the world’s largest resources of halloysite kaolin ▪ This is a relatively high value industrial mineral ▪ Global demand is increasing*and supply is decreasing ▪ Right product, at the right time, in the right place ▪ Andromeda is well positioned to become the w
Slide 18: Cautionary Statements
Cautionary Statements The Scoping Study referred to in this announcement has been undertaken to determine the potential viability of a direct shipping and dry-processing operation to produce high-quality halloysite- kaolin product at Poochera in South Australia that will provide Andromeda Metals wit