Millennium Minerals — Trigg Minerals — Noosa Mining Investment Conference 2022
17 slides from Millennium Minerals's conference presentation, Nov 8, 2022
Slide 1: Investor Presentation
8 NOVEMBER 2022 ASX: TMG Investor Presentation Trigg Minerals Limited (ASX: TMG) (Trigg or the Company) is pleased to announce its participation in the Noosa Mining Conference, to be held from Wednesday 9th to Friday 11th November 2022. Trigg will be presenting on Wednesday 9th November at 10.59am A
Slide 2: Trigg Minerals - Noosa Mining Investment Conference
Trigg Minerals ASX : TMG Forward Facing Minerals vital for Global Food Security Noosa Mining Investment Conference 9-11 November 2022 Developing a new, world-class source of essential mineral fertiliser NOT FOR RELEASE TO US WIRE SERVICES OR DISTRIBUTION IN THE UNITED STATES OF AMERICA
Slide 3: Disclosures and Disclaimers
DISCLOSURES AND DISCLAIMERS Disclaimer This presentation (Presentation) has been prepared by Trigg Minerals Limited ACN 168 269 752 (ASX:TMG) (Company) and is for informational purposes only. The material contained in this Presentation is a summary of general background information about the activit
Slide 4: Disclosures and Disclaimers cont.
DISCLOSURES AND DISCLAIMERS cont. Cautionary Statement (cont.) The Scoping Study results contained in this Presentation relate solely to the Project and does not include Exploration Targets or Mineral Resources defined elsewhere. The Company has concluded it has a reasonable basis for providing the
Slide 5: Corporate Overview
CORPORATE OVERVIEW Directors Capital Structure Keren Paterson Mike Ralston Ordinary Shares (TMG) 201 million MD & CEO Non Executive Chair Share Price (04/11/22) $0.048 Maree Arnason Rod Baxter Market Capitalisation $9.6 million Non Executive Director Non Executive Director Cash (30/09/22) $3.3 milli
Slide 6: Tier 1 Location
TIER 1 LOCATION THREE 100% OWNED SOP PROJECTS • From ~170km east of Laverton covering approximately 3,400km2 LAKE THROSSELL • 14.4Mt SOP greenfields discovery (open along strike)1 • Scoping Study • Low operating cost • 21-year Initial mine life • Potential top-10 global producer of sulphate of potas
Slide 7: Plant Nutrition 101
Mineral fertilisers account for 50% of PLANT the world’s food NUTRITION 101 supply PLANTS NEED: sun, water, carbon, oxygen & growing medium + MACRO NUTRIENTS – NPK + S: • N - Nitrogen: urea (from natural gas) • P - Phosphorus: phosphate rock • K - Potassium: potash – muriate/sulphate of potash • S –
Slide 8: Why Sulphate of Potash?
WHY SULPHATE OF POTASH? SULPHATE OF POTASH (K2SO4) - SOP Potassium Sulphate contains only nutrients the plants need. It is a niche, inelastic, essential and efficient fertiliser necessary for high-value, chloride sensitive crops such as fruit, vegetables, avocados, coffee beans, grapes, tree nuts, c
Slide 9: Potash Market
POTASH MARKET TOTAL POTASH MARKET 2021 - 80 Mt | 2036F – 100 Mt SOP MARKET 2021 - 7 Mt | 2036F - 9 Mt SULPHATE OF POTASH • 35% comes from primary sources constrained - very few natural Reacted deposits Other Salts Primary Brine • Remainder from secondary processes such as Mannheim SOP • Energy inten
Slide 10: Geopolitics
GEOPOLITICS “The war in Ukraine is the biggest geopolitical disruption to hit the global fertiliser market in decades” IMPACTING AROUND HALF GLOBAL International Fertiliser Association POTASH PRODUCTION • Sanctions against Belarus and Russia – two of the world’s largest producers of MOP; and • China
Slide 11: Fertiliser Price Boom
FERTILISER PRICE Change in Commodity Prices from 1 July 2021 BOOM Lithium 543% Phosphate 327% IMPACT OF GEOPOLITICS Nitrogen 236% • Since Belarusian sanctions SOP 90% • SOP price up 90% MOP 73% • Lake Throssell Scoping Study Wheat 31% Nickel 25% LAKE THROSSELL SCOPING STUDY Coffee 11% • Price assump
Slide 12: Lake Throssell
LAKE THROSSELL LARGE, HIGH-GRADE DISCOVERY • SCOPING STUDY • Total drainable Resource: 14.4Mt of SOP • 41% of Resource in study achieves: • 245,000tpa SOP • 21-year Initial mine life • CAPEX - US$276M OPEX - US$249/t AISC - US$272/t • Potential top 10 global producer • EXPLORATION UPSIDE • Deposit o
Slide 13: Lake Throssell Production Model
LAKE THROSSELL PRODUCTION MODEL • Bores and trenches harvesting the drainable brine followed by solar evaporation, crystallisation and purification • Producing a low carbon, natural source of essential SOP T RIG G M INER AL S LIM IT ED 12 N O T F O R R E L E A SE T O U S W I R E S E R V I C E S O R
Slide 14: Lake Throssell Current Workstreams
LAKE THROSSELL CURRENT WORKSTREAMS • PROCESSING PATHWAYS • Bulk evaporation trial underway to produce first SOP • Reviewing alternative pathways to improve process reliability • OPTIMISE NATURAL ENDOWMENT • Brine – water, sulphate, Bulk evaporation trial set-up Halite from the bulk trial magnesium &
Slide 15: The Trigg Investment Case
THE TRIGG SOP is vital for global food security INVESTMENT Sanctions and domestic policies are disrupting approximately CASE half of the world’s traditional potash supply Three SOP projects, all located in the world class mining jurisdiction of Western Australia At lake Throssell - aiming to become
Slide 16: Contact details
Level 1, Office E, 1139 Hay Street West Perth, WA 6005 +61 8 6114 5685 info@trigg.com.au www.trigg.com.au T RIG G M INER AL S LIM IT ED N O T F O R R E L E A SE T O U S W I R E S E R V I C E S O R D I S T RI B U T I O N I N T H E U N I T E D S T A TE S O F A M E R I C A
Slide 17: Appendix A – Total Mineral Resource Estimate
APPENDIX A – TOTAL MINERAL RESOURCE ESTIMATE Drainable Equivalent Drainable Total Brine Specific SO4 SO4 Mg Mg K K Total Brine Mineral Resource Volume Brine SOP Grade Brine SOP Aquifer Porosity Volume Yield Grade Mass Grade Mass Grade Mass SOP Mass Category (106 m3) Volume (K2SO4) Mass (%) (106 m3)
Trigg Minerals — Noosa Mining Investment Conference 2022 on 6ix