Sky Metals Limited · ASX:SKY
Sky Metals — Investor Presentation (September 2023)
22 slides from Sky Metals's investor presentation, Sep 14, 2023
Slide 1: Developing Large Scale Tin Deposits in NSW to Feed Global Electrification
For personal use only DEVELOPING LARGE SCALE TIN DEPOSITS IN NSW – TO FEED GLOBAL ELECTRIFICATION SEPTEMBER 2023
Slide 2: Disclaimer - Important Information
ASX: SKY D I S CL A I MER - I MPO R T AN T I N FO R MA TI O N Disclaimer For personal use only Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward l
Slide 3: SKY's Team: Experienced and Proven Management
ASX: SKY S KY’ S TE AM EXPERIENCED AND PROVEN MANAGEMENT For personal use only NORMAN SECKOLD | Chairman RICHARD HILL | Non-Executive Director CAPITAL STRUCTURE 30+ years in the full-time management of natural resource 25+ years experience in the mineral resources sector as a Shares on issue 454.6M
Slide 4: Tin: Key Technology Metal
ASX: SKY A PP E N D I X: T I N M AR KE T TIN: KEY TECHNOLOGY METAL For personal use only Supply crunch driven by 30+ year under investment & growing demand for tin primarily within EVs, Renewable Energy and all electronic goods. Demand Increase with Emerging Technologies
Slide 5: Tin: The Forgotten Electrification Metal - Global Supply Constraints
ASX: SKY TI N M A R K E T Visible Global Tin Stockpiles TIN: THE FORGOTTEN ELECTRIFICATION METAL For personal use only – GLOBAL SUPPLY CONSTRAINTS Inelastic tin price driven by irreplaceable demand in electronics sector and global electrification. Record low stockpiles – US strategic stockpile deple
Slide 6: Tallebung Tin Project: Major Historic Tin Operation
ASX: SKY TALLEBUNG TIN PROJECT MAJOR HISTORIC TIN OPERATION For personal use only • Tin discovered in the 1890s and mined into the mid-1980s. • Small shafts and open pits mined hardrock tin veins until large scale alluvial mining production in the 1960s-70s. • Infrastructure already in place from pr
Slide 7: Large Historic Open Pit Alluvial Mining Operation
ASX: SKY TA L L E B UN G TI N PR O J EC T LARGE HISTORIC OPEN PIT ALLUVIAL MINING OPEATION For personal use only 7
Slide 8: Tallebung Tin Project: Large Hardrock Tin Resource
ASX: SKY TALLEBUNG TIN PROJECT LARGE HARDROCK TIN RESOURCE For personal use only • Maiden MRE completed, March 2023: 10.2 Mt @ 0.18% Tin for 18kt of contained Tin. • Initial Exploration Target estimate: 16 – 21 Mt @ 0.16 – 0.20% Tin • Tin mineralisation highly amenable to 3x upgrade using TOMRA Ore
Slide 9: TOMRA - Game Changer
ASX: SKY TA L L E B UN G TI N PR O J EC T Cassiterite Ore from Tallebung – Scale in mm For personal use only Black Tin – cassiterite “nuggets” detected by ore sorter and accepted TOMRA – GAME CHANGER Host rock and quartz vein without tin are rejected by ore sorter • TOMRA Ore Sorting more than tripl
Slide 10: TOMRA - Game Changer (video)
ASX: SKY TA L L E B UN G TI N PR O J EC T TOMRA – GAME CHANGER For personal use only 10 Video Courtesy of Carlos Crowley Vazquez, BOEq and TOMRA Ore Sorting Solutions
Slide 11: TOMRA - Proven Technology
ASX: SKY TA L L E B UN G TI N PR O J EC T For personal use only TOMRA – PROVEN TECHNOLOGY • Renison Tin Mine, Australia’s largest operating tin mine, uses TOMRA Ore Sorters to increase tin grade and decrease mass for processing – reducing processing costs. • TOMRA Ore Sorters commissioned at Rension
Slide 12: Exceptional, Consistent TOMRA Ore Sorting Results
ASX: SKY Feed: 0.18% Tin TA L L E B UN G TI N PR O J EC T EXCEPTIONAL, CONSISTENT For personal use only TOMRA ORE SORTING RESULTS • TOMRA Ore Sorting first tested on drill chips from Tallebung, successfully demonstrated: Rejected Accepted • Upgrading of 0.19% tin to 0.70% tin • +96% recovery of tin
Slide 13: Uniquely Simple Metallurgy - Low-Cost Processing
ASX: SKY TA L L E B UN G TI N PR O J EC T UNIQUELY SIMPLE METALLURGY – For personal use only LOW-COST PROCESSING • Simple, conventional gravity circuit produces a very desirable +60% tin concentrate for sale. • TOMRA Sorting and DMS results in only a Cassiterite Ore from Tallebung – Scale in mm quar
Slide 14: Resource Growth Potential and Shallow High-Grade Start Up
ASX: SKY TA L L E B UN G TI N PR O J EC T RESOURCE GROWTH POTENTIAL AND For personal use only SHALLOW HIGH-GRADE START UP • Gravity anomaly coincident with tin mineralisation extends well beyond current extent of drilling. • Shallow, at surface high-grade tin zone identified for fast payback potenti
Slide 15: Next Steps
ASX: SKY TA L L E B UN G TI N PR O J EC T NEXT STEPS For personal use only Expand the maiden MRE and convert +20Mt Exploration Target. Drill high-grade tin zones and grow an Indicated Resource for Mine Scoping Studies. Bulk sampling across the deposit, growing confidence in low cost sorting upgrade
Slide 16: Developing Large Scale Tin Deposits in NSW to Feed Global Electrification
DEVELOPING LARGE SCALE TIN DEPOSITS IN NSW – For personal use only TO FEED GLOBAL ELECTRIFICATION
Slide 17: Upcoming Work Program
ASX: SKY WORK PROGRAM UPCOMING WORK PROGRAM For personal use only Indicative Work Program Timeline • Assess the mining economics at FY2024 Tallebung once Indicated Project Activities Q1 Q2 Q3 Resources have been defined. Resource Infill and Tallebung • Expand the Tallebung Resource and Extension Dri
Slide 18: Narriah Project - Tin-Tungsten-Lithium
ASX: SKY A PP E N D I X: N A R R I A H P R O J EC T NARRIAH PROJECT For personal use only – TIN-TUNGSTEN-LITHIUM • 59 rock chips have been taken from six major workings. • Preliminary assay results show multiple +0.5% Tin, +0.2% Tungsten and +0.1% Lithium rock chips. • Previous drilling of only thre
Slide 19: Doradilla - 16km Mineral Powerhouse
ASX: SKY A P PE N D I X: D O R A DI L L A P R O JE C T DORADILLA – 16km For personal use only MINERAL POWERHOUSE SCHEMATIC LONG SECTION
Slide 20: Doradilla Project: Tin and REE Potential
ASX: SKY A P PE N D I X: D O R A DI L L A P R O JE C T TIN AND REE POTENTIAL For personal use only • Three tin deposits previously discovered in the 1970s, namely Doradilla, Midway and 3KEL, the 16km strike of these is named the ‘DMK’ Line. • SKY has discovered REE within the tin deposits in all thr
Slide 21: Doradilla Project: Next Steps
ASX: SKY A P PE N D I X: D O R A DI L L A P R O JE C T For personal use only NEXT STEPS Further assaying of previous historic drilling for REE – 100s of holes drilled for tin along the DMK Line, SKY has only assayed 46 holes for REE so far. Drilling program planned to test Midway Granite targets and
Slide 22: Tin: The Forgotten Electrification Metal
ASX: SKY A PP E N D I X: T I N M AR KE T TIN: THE FORGOTTEN ELECTRIFICATION METAL For personal use only Inelastic tin price driven by irreplaceable demand in electronics sector 20-year 3M tin price (AUD/tonne) (source: LME).