Viking Mines Limited · ASX:VKA
Viking Mines — Investor Presentation (February 2017)
22 slides from Viking Mines's investor presentation, Feb 21, 2017
Slide 1: Reung Kiet Lithium Project
For personal use only Reung Kiet Lithium Project One of the few projects in the hard rock peer group which ... i. is positioned in a low cost, advanced industrial economy, ii. is close to all required infrastructure, iii. has exceptional access for all required inputs, and iv. is in close proximity
Slide 2: Company highlights
Company highlights For personal use only Acquired Argo Metals Group Limited (Argo): • 75% interest in the Reung Kiet Lithium Project. • Orientation and reconnaissance soil and rock chip sampling, and mapping programs, delivering consistently strong results. Combined strike based on pits, exposures a
Slide 3: Corporate snapshot
Corporate snapshot For personal use only One of the few companies with a pathway to lithium carbonate manufacturing. Financial Information (17-Feb-2016) Share Price (12 Months) Share price 1.8 cents 52 Week high / low 1.3 – 3.1 cents Shares on issue (undiluted) 313,717,856 Market Capitalisation $5.6
Slide 4: Viking valuation underwritten
Viking valuation underwritten For personal use only Viking’s lead asset is the Reung Kiet Lithium Project (RK Project). • License applications well progressed, high grades, good strike, drill ready. • Khao Soon Tungsten, high grades, good strike, drill ready. • We believe both projects are low capex
Slide 5: Development strategy
Development strategy For personal use only Viking’s objective: • Identify strategically positioned specialty, base and precious metal assets which can deliver near term low cost production. Viking is well positioned to enter the Asian lithium carbonate market, The RK Project: • Is positioned is in a
Slide 6: ASX/TSX Lithium Landscape - Soil trends
ASX/TSX Lithium Landscape - 1 For personal use only Soil trends are good, definable strikes with mineralisation are better: • The RK Project pegmatites have been exposed by previous mining, the estimated strike lengths are commensurate with peer group leaders. • Less than 20 hard rock lithium explor
Slide 7: ASX/TSX Lithium Landscape - Defining a pegmatite strike
ASX/TSX Lithium Landscape - 2 For personal use only Defining a mineralised pegmatite strike early reduces a project’s risk profile: • The RK Project’s definable strike is based on ~1.6km of historic tin mining pits and 900m of pegmatite exposures to the south of the Reung Kiet and Bang I Tum pits ,
Slide 8: The Cost Curve
The Cost Curve For personal use only Potential position on the lithium carbonate cost curve is a key driver of Viking’s strategy: • The Lithium Carbonate market currently has two key sources of lithium: i. Brines – which are generally low cost but chemistry, and front end capital expenditure, can be
Slide 9: Technology Strategy
Technology Strategy For personal use only Reung Kiet is one of the few projects with a pathway to lithium carbonate production: Several Li-Mica processes are well advanced, producing lithium carbonate: • Lepidico (LPD) aims to earn royalties through the licensing of L-Max, a well understood hydromet
Slide 10: Reung Kiet Lithium Project (VKA 75%)
Reung Kiet Lithium Project (VKA 75%) For personal use only The SE Asian tin-tungsten granite belt has globally significant production and history: • A late 1960’s major study identified lepidolite in pegmatites, then being mined for tin. • Lepidolite was found to contain 3-4% Li2O. • Significant foc
Slide 11: Reung Kiet Prospect
Reung Kiet Prospect For personal use only Work to date has identified a new significant lepidolite pegmatite trend: • Work includes rock chip sampling, soil sampling, geological mapping and other observations. • The Main Trend extends southwest along strike and exhibits excellent exposures of severa
Slide 12: Bang I Tum Prospect
Bang I Tum Prospect For personal use only The Bang I Tum project was a relatively large scale open pit tin mine. • Mining for tin continued into the 1980’s. • The open cut is approximately 650m long and up 100-125m wide. • Mining of weathered pegmatites reportedly extended to about 40m below surface
Slide 13: Appendix
For personal use only Appendix 1
Slide 14: Khao Soon Tungsten Project (VKA Option for 75%)
Khao Soon Tungsten Project (VKA Option for 75%) For personal use only High grade, historic tungsten mining area: • Strong government and community support with access to all required infrastructure. • District scale mineralisation, >20km2 of tungsten anomalism, outcropping mineralisation, multiple t
Slide 15: Thailand - Overview
Thailand - Overview For personal use only Thailand is a complex industrial economy: Thailand is the 22nd largest export economy • has highly sophisticated industrial policies. in the world: • forms an important part of the pan-Asian industrial • exports $240B, imports $210B, trade balance production
Slide 16: Thailand – Political Risk
Thailand – Political Risk For personal use only Investments are protected: Based on the PRS Group’s ‘Political Risk • A Free Trade Agreement exists between Thailand Index’, Thailand is ranked: and Australia (TAFTA). • No. 9 /15 in East and South East Asia. • Thailand is a member of ASEAN, which in i
Slide 17: Thailand – Industrial Policy
Thailand – Industrial Policy For personal use only Thailand has a sophisticated industrial strategy supported by comprehensive policy: • Thailand plays a vital role in the global supply chain, and specifically the Asian supply chain. • Focused on value added initiatives and the development of up/dow
Slide 18: Appendix
For personal use only Appendix 2
Slide 19: Board & Management
Board & Management For personal use only Strong Board and Management team: • Viking’s Chairman has extensive global experience in ore processing, mining, shipping and marketing, including having a hand in the construction of over 60 mineral processing plant. • The team brings financial acumen to Vik
Slide 20: Argo Acquisition Details
Argo Acquisition Details For personal use only On 18 November, 2016, Viking announced the acquisition of 100% of Argo Metals Group Limited (Argo). Viking Mines Share based transaction, geared towards project Limited development and production: Option • Viking will acquire 100% of Argo by the issue o
Slide 21: Important Information
Important Information For personal use only Disclaimer This presentation has been prepared by Viking Mines Limited (Viking Mines). The information contained in this presentation is a professional opinion only and is given in good faith. This document is dated 18 November 2016. Certain information in
Slide 22: Competent & Qualified Persons’ Statement
Competent & Qualified Persons’ Statement For personal use only Competent Person and Report Source Statements – Thailand The information in this Public Report that relates to technology metals Exploration Results, Mineral Resources or Ore Reserves is based on information compiled by Mr David Hobby, w