Platina Resources Limited · ASX:PGM
Platina Resources — Corporate Update (November 2016)
12 slides from Platina Resources's corporate update, Nov 3, 2016
Slide 1: Owendale Project Update
For personal use only ASX Code: PGM Owendale Project Update 3 Nov 2016 1
Slide 2: Disclaimer: Cautionary and Forward-Looking Statements
Disclaimer Cautionary and Forward-Looking Statements For personal use only This presentation contains “forward-looking information” which may include, but is not limited to, statements with respect to the future financial or operating performance of Platina Resources Limited (“Platina”), its subsidi
Slide 3: Project Location
3 For personal use only Project Location
Slide 4: Environmental Studies
Environmental Studies Completed For personal use only • Initial water bore inspection – first assessment of three old bores • Aerial survey - by drones for ground location and air photos • Ecological survey (recent and yet to be reported) On hold • Briefing paper - while we consider processing and s
Slide 5: Environmental Studies
Environmental Studies Planned (longer term) For personal use only • Surface water assessment • Heritage survey • Noise survey • Air survey • Traffic survey • Road realignment design • Soil survey • Waste material characterisation • EIS study 5
Slide 6: Environmental Studies: Water bore assessment
Environmental Studies Water bore assessment For personal use only • Three existing water bores assessed • Cincinnati bore is dry • Owendale and Box Cowal bores have water at 35 m depth (50 m holes) with slow redraw and good quality • Water monitors to be installed • Will need additional water monito
Slide 7: Environmental Studies: Aerial survey
Environmental Studies Aerial survey For personal use only 7
Slide 8: Process Selection – where to from here?
Process Selection – where to from here? Review of testwork For personal use only Review of engineering studies Competitor’s projects / comparisons Comparison of process options Site selection considerations The Way Forward 8
Slide 9: High Level Cost Comparison
High Level Cost Comparison PROJECT STUDY COMPARISON For personal use only Parameter Nyngan Syerston SCONI Owendale Ore Feed (dtpa) 71,820 64,000 200,000 50,000 Feed Grade (ppm Sc) 410 580 210 460 Sc Recovery 84% 88% 82% 86% Sc2O3 Production (tpa) 38 49 51 30 Study level / Contingency PFS, 10% FS, 5%
Slide 10: High Grade Mineral Resource Opportunity
High Grade Mineral Resource Opportunity Tonnes Grades In-situ Metal Content ~ For personal use only Mineral Resource Sc Pt Ni Co Sc2O3* Pt Ni Co Classification kt ppm g/t % % t koz t t Measured 120 665 0.52 0.17 0.17 120 2.0 200 200 Indicated 100 670 0.56 0.20 0.18 110 1.9 210 190 Inferred 390 650 0
Slide 11: Conclusions
Conclusions Comparison conclusions For personal use only • Capex and Opex similar relative cost per tonne processed • Quality projects discriminated by Sc grade The Owendale advantage • Higher grade potential than the Scoping Study, • with up to 650 ppm Sc as announced 12 July 2016 • 40% higher grad
Slide 12: Thank You
For personal use only ASX Code: PGM Website: www.platinaresources.com.au Head Office: PO Box 281 Mount Hawthorn WA 6915 Thank You Phone: +61 (0)7 5580 9094 Fax: +61 (0)8 9380 6761 12 Email: admin@platinaresources.com.au