Pearl Gull Iron Limited · ASX:PLG
Pearl Gull Iron — Investor Presentation (September 2021)
17 slides from Pearl Gull Iron's investor presentation, September 2021
Slide 1: Pearl Gull Iron Limited
Pearl Gull Iron Limited Premium Iron Ore Development Opportunity Investor Presentation | September 2021
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Pearl Gull Iron Limited ABN 62 621 103 535 (ASX:PLG) (Pearl Gull or the Company) and contains information about Pearl Gull current at the date of this presentation. The presentation is in summary form, has not been independently verified and does not
Slide 3: Capital Structure (ASX: PLG)
Capital Structure (ASX: PLG) Major Shareholders Shareholder % Capital Structure Holder Shares % of SOI Fully Paid Ordinary Shares 100,027,858 Cockatoo Iron NL 43,250,001 43.24% Share Price (20/09/2021) $0.20 Jasper Hill Resources Pty Ltd <T A/C> 2,194,082 2.19% Cockatoo Iron NL Market Cap (undiluted
Slide 4: Investment Highlights (ASX:PLG)
Investment Highlights (ASX:PLG) Granted Tenements and Drilling Underway; Multiple Near-term News Flow and Ideal Location Strong Team and Alliances Existing Infrastructure Paths to Revenue Cash Flow ● Cockatoo Island is located within ● Granted mining lease M04/235 in ● Geological model developed. ●
Slide 5: Cockatoo Island – Location & Layout
Cockatoo Island – Location & Layout Cockatoo Island has had a rich history of iron ore mining going back to the 1950’s. From 1951 to 2012 over 45Mt of ultra-high grade, low impurity Direct Shipping Ore (DSO) was mined and shipped. Camp accommodation (third party) North Bay area Potable water bore fi
Slide 6: Company Strategy to Deliver Near Term Value
Company Strategy to Deliver Near Term Value The Company has a well considered strategy to deliver near term operations back to the island, that will generate significant returns to shareholders. Island and Relationship Funding and investor Exploration Strategy Project Strategy Development Strategy S
Slide 7: Geology and Exploration Model – Looking for high grade repeats
Exploration Strategy Geology and Exploration Model – Looking for high grade repeats This type of repeat is present at the nearby Koolan Island (owned by Mount Gibson Iron Ltd) with Acacia, Barramundi, Eastern and Mullet pits in the central and northern parts of that island in along strike equivalent
Slide 8: Koolan Island Analogue
Exploration Strategy Koolan Island Analogue This type of repeat is present at the nearby Koolan Island (owned by Mount Gibson Iron Ltd) with Acacia, Barramundi, Eastern and Mullet pits in the central and northern parts of that island in along strike equivalent positions of the stratigraphy that Pear
Slide 9: Project Overview - Switch Pit
Project Strategy Project Overview - Switch Pit The Switch Pit project comprises the continuation of the previously mined high grade sea wall mineralization, which crosses over to PLG tenements and is visible on surface. Observable Geology Current Exploration Potential Development ● Mineralisation ca
Slide 10: Project Overview - North Bay
Project Strategy Project Overview - North Bay Exploration success at North Bay provides life extension opportunities after Switch Pit. Erosion of friable haematite formation into North Bay Interpreted line of potential mineralisation East Beach iron mineralisation Observable Geology Current Explorat
Slide 11: Industrial Minerals: Subsea Ballast and Quarry Rock
Project Strategy Industrial Minerals: Subsea Ballast and Quarry Rock Context ▪ Cockatoo Island contains an abundance of material which is inert, iron and quartz-rich and heavy Forces at work under the sea (high SG). ▪ Subsea ballast is required for major oil and gas developments being undertaken in
Slide 12: Infrastructure Opportunity – Wharf/Supply Base
Development Strategy Infrastructure Opportunity – Wharf/Supply Base Context ▪ Cockatoo Island is ideally located to support the development of a large-scale supply base, wharf and new airstrip. ▪ There is currently insufficient supporting infrastructure in the region. ▪ KTS is the proponent of such
Slide 13: Deliberate model to facilitate quick start up with limited upfront capex
Development Strategy Deliberate model to facilitate quick start up with limited upfront capex Already drilling Existing airstrip Accommodation available • First drill campaign through to end of season. • Existing airport in use. • Existing island accommodation being used • Preliminary results due so
Slide 14: Building Relationships on the Island
Island and Relationship Strategy Building Relationships on the Island Dambi KTS Accom, Catering, Barge Other • Cockatoo Island lies within • PLG and KTS have a • PLG has a history of • Island serviced by multiple the Native Title strong working relationship supporting local island- flight charter co
Slide 15: The Case for High Grade Product
Development Strategy The Case for High Grade Product Consuming higher-grade ores can allow mills to produce steel more efficiently with less environmental impact Global Seaborne trade by grade of product ● The global iron and steel industry accounts for around 7-10% of global greenhouse gas emission
Slide 16: Next Steps for Pearl Gull
Next Steps for Pearl Gull Complete the current drill campaign, progress to resource estimation, metallurgical testwork and desktop studies Finalise the already developed Mining Proposal for the Switch Pit area and plan a near term, small scale DSO operation focused on Switch Pit Dependent on drill r
Slide 17: Alex Passmore | Director, Jonathan Fisher | Director
ALEX PASSMORE | Director JONATHAN FISHER| Director E: alexp@pearlgulliron.com.au E: jonathan@pearlgulliron.com.au M: +61 438 558 149 M: +61 407 981 867
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