Slide 1: Sri Lanka High Grade Mineral Sands Corporate Presentation
For personal use only Sri Lanka High Grade Mineral Sands Corporate Presentation Q3 2019
Slide 2: Disclaimer & Forward Looking Statements
DISCLAIMER & FORWARD LOOKING STATEMENTS For personal use only This presentation has been prepared by Titanium Sands Limited (“TSL”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from th
Slide 3: Company Overview
COMPANY OVERVIEW Actively targeting and developing high grade, low cost heavy mineral sand deposits in Sri Lanka For personal use only CORPORATE SNAPSHOT ASX Code TSL Options on issue at $0.05 (exp. 18/1/21) 30.00m Shares on Issue 635.31m Options on issue at $0.021 (exp. 25/1/21) 14.28m Market capit
Slide 4: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only High Grade JORC Resource JORC Inferred Resource of 53.08MT at 6.66% THM from low-cost drilling program. Clear Strategy to Further Upgrade Resource Further resource infill and extension drilling already completed and continuing Strategic Land Position Premi
Slide 5: Project Summary: Mannar Project Development Potential
PROJECT SUMMARY Mannar Project – Development Potential For personal use only Country Sri Lankan a stable democratic nation of ~21m people. Very supportive of foreign investment and favourable tax regime with project 100% owned. Infrastructure SRI LANKA Access to existing railway and road infrastruct
Slide 6: Mannar Island Project: Primary Tenements
MANNAR ISLAND PROJECT Primary Tenements For personal use only Mannar Island showing location of the tenement package • EL’s in Sri Lanka are granted for 2 years and may be extended for an additional four 2 year periods. • Royalty rate in Sri Lanka for industrial minerals is 4%/5% if not exported/exp
Slide 7: JORC Resource & Assemblage
JORC RESOURCE & ASSEMBLAGE Block model inferred mineral resource at a 2% total heavy mineral cut off For personal use only Domain Vol (Mm3) Tonnes (M) THM % VHM % Silt % Oversize % 0 Sub total 5.91 10.33 11.86 7.44 2.10 8.41 1 Sub total 17.85 31.42 4.35 2.56 0.93 4.03 2 Sub total 5.66 9.85 9.06 5.72
Slide 8: Comparison Valuation: Valuable Heavy Mineral %
COMPARISON VALUATION Valuable Heavy Mineral (VHM)% For personal use only 7.00 6.00 5.00 4.00 VHM% 3.00 2.00 1.00 0.00 Compiled from various published information sources Titanium Sands Ltd 8 Corporate Presentation Q3 2019
Slide 9: Comparison Valuation: TiO2 Minerals %
COMPARISON VALUATION TiO2 Minerals % (Ilmenite + Leucoxene + Rutile) For personal use only Compiled from various published information sources Titanium Sands Ltd 9 Corporate Presentation Q3 2019
Slide 10: Recent Drilling Results & Exploration Scale
RECENT DRILLING RESULTS & EXPLORATION SCALE Clear strategy resulted in Significant Resource Upgrade For personal use only Recently completed drilling intersected significant mineral sands, significantly extending the Inferred JORC Resource to 53.08 million tonnes at 6.67% total heavy minerals (THM).
Slide 11: Milestones
MILESTONES For personal use only $6m Capital Significant Resource Scoping study RC aircore Resource Metallurgical Market/ off Process plant JORC update Mining Raise for JORC infill drilling commenced drilling rig infill and test work take study study option study acquisition of 5 upgrade 802 holed p
Slide 12: Mineral Sand Markets
MINERAL SAND MARKETS Sri Lanka is a Gateway to International Markets For personal use only Attractive Mining Jurisdiction with Chinese Offtake Bilateral trade Potential and other international markets with China Sri Lanka forms part of China’s ‘One Belt, One Road’ trade route with Chinese interests
Slide 13: Heavy Mineral Project – Sri Lanka Meets All the Criteria
HEAVY MINERAL PROJECT – SRI LANKA MEETS ALL THE CRITERIA Primed for Rapid Development For personal use only High Grades Simple Operation • Grades of high quality ilmenite amongst the • Estimated low cost expansion drilling given highest in the world for a substantial deposit. surface mineralization.
Slide 14: JORC Resource Expansion: Regional Potential
JORC RESOURCE EXPANSION Regional Potential Adjacent to Mannar Island For personal use only Heavy mineral sands at surface in Supra tidal flats 10km south of Mannar Island 30% HMs panned from beach ridges Srinel field base backyard showing very high HM concentration 5km N of Mannar Island Titanium Sa
Slide 15: Investment Summary
INVESTMENT SUMMARY For personal use only HIGHLY PROSPECTIVE Recent 300% increase in JORC tonnage to 53.08MT at 6.7%THM. Further JORC Resources expansion potential EXTENSIVE LICENSES 5 licenses covering 166km2 of Mannar Island. Regional potential adjacent to Mannar Island. INFRASTRUCTURE Established
Slide 16: Contacts
CONTACTS For personal use only REGISTERED OFFICE Level 11, 216 St Georges Terrace Perth Western Australia 6000 www.titaniumsands.com.au James Searle james.searle@titaniumsands.com.au MANAGING DIRECTOR +61 (08) 9481 0389 +61 419 949 636 Titanium Sands Ltd 16 Corporate Presentation Q3 2019