Black Rock Mining Limited · ASX:BKT
Black Rock Mining — Investor Presentation (March 2015)
21 slides from Black Rock Mining's investor presentation, Mar 31, 2015
Slide 1: A Tanzanian Graphite Explorer
A Tanzanian Graphite Explorer For personal use only INVESTOR PRESENTATION March 2015 Diamond drilling at Epanko North www.blackrockmining.com.au
Slide 2: Disclaimer
DISCLAIMER The release, publication or distribution of this presentation in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which this presentation is released, published or distributed should inform themselves about and observe such restrictions. For
Slide 3: Corporate Overview
CORPORATE OVERVIEW Re-compliance with Chapters 1 & 2 completed together with acquisition of Board and Management For personal use only Tanzanian Graphite projects. Prospectus Stephen Copulos (Chairman) closed 25% oversubscribed +30 years experience in a variety of businesses Raising completed
Slide 4: A Tanzanian Graphite Explorer
A TANZANIAN GRAPHITE EXPLORER Commenced exploration in Tanzania July 2014 following acquisition of the Mahenge For personal use only North Graphite Project (300km2). Early exploration success led to further acquisitions – Current tenure of 1,539km2. Four priority zones identified, each with potent
Slide 5: First Drill Programme Completed Feb15 - 2,200m
First Drill Programme Completed Feb15 - 2,200m Drilling has confirmed significant For personal use only graphite mineralisation at Epanko North All 16 holes began and ended in graphite mineralisation. Assay results expected March/April Follow up infill programme planned for June 2015 to establ
Slide 6: Project Overview
PROJECT OVERVIEW 1,539km2 exploration footprint compiled For personal use only since July 2014 Priority focus within four initial zones: • Epanko North (northern extension of KNL’s Epanko orebody). • Kituti (Mahenge Southwest) • Cascade (Mahenge North) • Ndololo (Mahenge North) Initial Explora
Slide 7: Epanko North Prospect – Drilled!
EPANKO NORTH PROSPECT – DRILLED! >3km of graphite mineralisation identified at Epanko North, along the same north-south For personal use only trending lode structures of Kibaran’s 22.8Mt Epanko orebody Mapping, sampling, trenching programme ~1,500m of trenching completed in 2014. Best trench r
Slide 8: Cascade Prospect
CASCADE PROSPECT Cascade is a new discovery with unusually wide For personal use only zones of graphite mineralisation Graphite mineralised envelope is >1km strike x 200m-400m width One trench (TC01) excavated to date – 186m @ 5.95% TGC including two zones of: 24m @ 7.89% TGC and 86m @ 8.3
Slide 9: Kituti Prospect
KITUTI PROSPECT New discovery identified and mapped in 2014 For personal use only Narrower widths than Epanko but visibly coarser flake graphite observed Trenched northern portion of structure Two diamond drill holes completed in February 2015. Assay results in March/April Coarse flake graph
Slide 10: Development Pathway
DEVELOPMENT PATHWAY For personal use only Construction & Exploration Development Production Tenure Acquisition Metallurgical testwork, Project Execution Plan Community engagement Pre-feasibility or scoping Financing study, Commence exploration Offtake marketing Construction Maide
Slide 11: Summary
SUMMARY To deliver shareholder upside through defining For personal use only and developing a graphite resource Tenure is demonstrably highly prospective for graphite. Four prospects have delivered excellent early stage results - Epanko North and Kituti drilled Highly experienced and competent
Slide 12: Contact
CONTACT Steven Tambanis Managing Director T: (+61) 0407 689 231 For personal use only E: info@blackrockmining.com.au W: www.blackrockmining.com.au Appendices 11 www.blackrockmining.com.au
Slide 13: Location
LOCATION Close proximity to transport For personal use only infrastructure ~60km from Ifakara (rail station and regional airport) TAZARA rail line runs to Dar Es Salaam’s port ~350km Access to grid power and water Mahenge North Graphite Project is contiguous to Ifakara 22.8Mt Epanko orebody
Slide 14: Why Tanzania?
WHY TANZANIA? Mineral-rich landscape supported by For personal use only stable government Major domestic commercial mining activity – 3rd largest gold industry in Africa Significant mining support services and extensive infrastructure network Government committed to mining sector growth and de
Slide 15: Why Graphite?
WHY GRAPHITE? New applications to underpin increased demand For personal use only Growing demand from traditional applications – steel, refractory, foundry, batteries and lubricants. Diversification and replacement of falling Chinese supply – 2014 Chinese production >80% of global production Rap
Slide 16: ASX Peer Comparison
ASX PEER COMPARISON For personal use only Market Resource Grade Resource Category Company Capitalisation Size Type Project Location (TGC%) (JORC) ($m) (Mt) Syrah Resources (SYR) 594 1,150 10.2% Flake Measured, Ind, Inf Mozambique Triton Minerals (TON) 111 1,457 10.7% Flake Indicated, Inferred Mozamb
Slide 17: Diamond Drill Core
Diamond Drill Core Core from DD01 at Epanko North, For personal use only showing coarse flake graphite 0.5mm-2mm flakes Core is 64mm diameter A5 www.blackrockmining.com.au
Slide 18: Reverse Circulation Drilling
Reverse Circulation Drilling For personal use only RC rig at Epanko North, January 2015 A6 www.blackrockmining.com.au
Slide 19: Epanko Drill Plan
Epanko Drill Plan Epanko North Drill plan and For personal use only drill traces February 2015 Pale green is newly mapped surface expression of graphite A7 www.blackrockmining.com.au
Slide 20: Exploration Target Statement
Exploration target Statement Criteria JORC Code explanation Commentary Exploration • In any statement referring to potential quantity and grade Exploration target is a combined 30-60 Mt at a grade range of 8-12% TGC For personal use only Target of the target, these must both be expressed as ranges a
Slide 21: Exploration Target Statement (Cont'd)
Exploration target Statement (Cont’d) Criteria JORC Code explanation Commentary Exploration A Public Report that includes an Exploration Target must be The Exploration target calculations are based on information compiled by For personal use only • Target accompanied by a Competent Person statement
Black Rock Mining — Investor Presentation (March 2015) on 6ix