Anson Resources Limited · ASX:ASN
Anson Resources — Shareholder Meeting (November 2019)
17 slides from Anson Resources's shareholder meeting presentation, Nov 12, 2019
Slide 1: Paradox Basin Brine Project
Paradox Basin Brine Project - Multi mineral/revenue brine - Early cash flow from bromine Moab, Utah, USA 12 November 2019 Annual General Meeting Presentation
Slide 2: Multiple Minerals / Revenue Strategy
Multiple Minerals / Revenue Strategy Bromine (Br) Lithium (Li) • Grades up to 6,595 ppm = world class grades. • Grades up to 253 ppm. • 90% recovery in bench scale test work. • 99.9% pure Lithium Carbonate (Li2CO3) produced. • De Dietrich performing piloting to establish modular • Lithium Hydroxide
Slide 3: Simplified Br-Li Commercial Plant Conceptual Flow Sheet
Simplified Br-Li Commercial Plant Conceptual Flow Sheet • 6 products: bromine, lithium hydroxide, lithium carbonate, chlorine, hydrogen gas and hydrochloric acid. • Major chemical inputs are replaced by the complimentary extraction plants reducing costs. • Br extraction plant acts as a pre-treatment
Slide 4: Project Steps
Project Steps In Progress Next Steps Future Steps Br testwork and piloting by Product samples for testing by Cashflow from commercial DeDietrich to provide OPEX and prospective customers bromine plant, train 1 CAPEX estimates Veolia to produce LiOH.H2O, Lithium plant piloting to test Southwest Techn
Slide 5: About Bromine
About Bromine • Bromine has been successfully produced in the USA for over 100 years and the technology is fully developed and well understood enabling early cash flow without the need for on-site piloting. • USA is the second largest producer of Bromide after Israel, supplying about 30% of the worl
Slide 6: About the Paradox Brine Project
About the Paradox Brine Project • Century old mining district - uranium, copper, potash, oil and gas, etc. • Road, rail, high voltage power and water easily accessible. • World-class Br grades proved in drilling • High Li concentrations in natural brines recorded in the 1960s. • Brines known to exis
Slide 7: JORC Resource and Exploration Target
JORC Resource and Exploration Target Category Clastic Brine Tonnes Li Br Porosity Contained (t) Zone (Mt) (ppm) (ppm) (%) Li2CO3 Br2 JORC Resource (Indicated and 31 129 173 3,321 21 118,264 426,824 Inferred) Min Max Min Max Min Max 29 67 101 50 150 3,000 3,500 16 Exploration 19 218 280 50 150 3,000
Slide 8: Project Area
Project Area • Total project area: over 1,317 claims covering 27,000 acres (108 km2) of land. • Well re-entry program: sampled brines from clastic layers ~6,000 feet deep. • Leases awarded 1: oil/gas and mineral leases at Cane Creek 32- 1 (red dot) and industrial lease which includes large pad for b
Slide 9: Clastic Zones
Clastic Zones • JORC Resource for Clastic Zone 31. • Exploration Target for Clastic Zones 17, 19 and 29 – drilled in Q4 2019 and JORC Resource is being updated. • Upside potential: • Clastic Zones 33, 43 and potentially additional Clastic Zones; and • Step out drilling and expanding the project area
Slide 10: Example Bromine Plant
Example Bromine Plant ASX: ASN 10
Slide 11: Proposed Location of Br-Li Plant
Proposed Location of Br-Li Plant • Pilot plant location only 600m from Long Canyon No 2 well. • Disposal well only 400m from pilot plant location. • Pilot plant location only 1.2 km from gas pipeline. ASX: ASN 11
Slide 12: Bromine Market by Country
Bromine Market by Country • 2018 Market Size USD2.5 billion. • 9% CAGR to 2023. ASX: ASN 12
Slide 13: Capital Structure
Capital Structure Capital Structure Nov 2019 Number of shares 600M Price per share (AUD) $0.03 Market Capitalization (AUD) 19M Major Shareholders Nov 2019 Chia Tai Xingye Intnl – strategic investor 19.6% Directors and officers 6.4% ASX: ASN 13
Slide 14: Directors and Technical Advisor
Directors and Technical Advisor Bruce Richardson, B.A (Hons) – Executive Peter (Greg) Knox, B.Sc. (Geology) – Director Chairman & CEO ▪ Mr Knox is a qualified geologist with over 30 years of ▪ Proven track record of 9 years in exploration, experience in exploration, mine development and mining and p
Slide 15: Disclaimer
Disclaimer The information contained in this confidential document ("Presentation") has been prepared by Anson Resources Limited (the "Company"). It has not been fully verified and is subject to material updating, revision and further amendment. The Information many not be distributed to others at a
Slide 16: Competent Persons’ Statements
Competent Persons’ Statements Competent Person’s Statement 1: The information in this presentation that relates to exploration results and geology is based on information compiled and/or reviewed by Mr Greg Knox, a member in good standing of the Australasian Institute of Mining and Metallurgy. Mr Kn
Slide 17: Thank you
Thank you Contact: Bruce Richardson, Executive Chairman & CEO Email: brichardson@ansonresources.com Phone: + 61 478 491 355 Website: www.ansonresources.com @anson_ir Anson Resources
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