Taruga Minerals Limited · ASX:TAR
Taruga Minerals — Taruga Gold — Investor Presentation (April 2018)
20 slides from Taruga Minerals's investor presentation, Apr 13, 2018
Slide 1: Acquisition of Major Cobalt-Copper Projects, Democratic Republic of Congo
For personal use only TARUGA GOLD LIMITED Acquisition of Major Cobalt-Copper Projects, Democratic Republic of Congo April 2018
Slide 2: Investment Highlights
Investment Highlights A high grade cobalt-copper play in the DRC For personal use only Acquisition(1) of high grade advanced cobalt projects in the Kolwezi Mining District Acquisition(2) of early stage cobalt-copper projects in Lualaba and Haut Katanga Provinces, Central African Copperbelt A strong,
Slide 3: Corporate Overview
Corporate Overview Well positioned to become substantial cobalt-copper player For personal use only Capitalisation Data(1) LTM Share Price Performance & Volume(1) A$/share Volume (M) Share Price A$ 0.31 0.40 Max: 14.00 A$0.35 Basic S/O(2) M 114.8 0.35 12.00 0.30 Market Cap A$M 35.6 Min: 10.00 0.25 A
Slide 4: Management Overview
Management Overview A strong, diversified and qualified team with extensive experience in the DRC For personal use only Executive Management & Advisors • Geologist with 33 years of experience Mark Gasson • Active in the DRC since 2004 in gold and base metals exploration and resource development Exec
Slide 5: Central African Copperbelt - Geology
Central African Copperbelt - Geology Roan Sequence - host to the worlds largest stratiform cobalt and copper deposits For personal use only • Located within the Lufflian Fold Belt in southeast DRC and Zambia • Cobalt-copper mineralisation traditionally within the lower Roan, Mines Group (R-2) series
Slide 6: Economic Importance of Copperbelt in DRC
Economic Importance of Copperbelt in DRC DRC is host to 65% of the worlds cobalt resources and some of the largest copper deposits in the world For personal use only •1 Multiple large, high grade deposits •2 Major source of cobalt mineralisation •3 Largest copper reserves outside of Chile 6
Slide 7: Portfolio of Cobalt Projects – southeast DRC
Portfolio of Cobalt Projects – southeast DRC Advanced cobalt projects in Kolwezi “Klippe” – host to world class cobalt and copper deposits For personal use only • Mwilu and Kamilombe are key projects for Taruga in Kolwezi “Klippe” • High grade cobalt mineralisation currently being extracted by artis
Slide 8: Taruga – Project Location within Copperbelt
Taruga – Project Location within Copperbelt Strong association with Roan sediments For personal use only 8
Slide 9: Kolwezi "Klippe" – Includes Mwilu and Kamilombe Projects
Kolwezi “Klippe” – Includes Mwilu and Kamilombe Projects Host to 50% of Katanga deposits For personal use only Kolwezi “Klippe” • Covers an area of over 20km x 8km centred on Kolwezi • Host to some of the largest high-grade open pit and underground copper mines • High grade cobalt mineralisation • L
Slide 10: Mwilu Project – Initial High Grade Cobalt
Mwilu Project – Initial High Grade Cobalt Assay results up to 16% cobalt from artisanal pits and trenches For personal use only • Mwilu Project covers an area of 3.36km2 • Mineralised R2 Mines series exposed over >4km at surface • Active artisanal mining recovering high grade cobalt, little copper •
Slide 11: Mwilu Project – Cross Section
Mwilu Project – Cross Section Mineralisation down to 350m – strong structural control For personal use only • Interpreted mineralisation within two folded R2 Mines sequences thrust faulted to surface • Typical R2 Mines style of mineralisation – combined thickness >10m • Interpretation of geology ind
Slide 12: Kamilombe Project – High Grade Drill Intersections
Kamilombe Project – High Grade Drill Intersections Borders on KCC’s deposits (400,000 tonnes of contained cobalt)¹ For personal use only • Kamilombe project covers a surface area of 2.37km2 • Structurally complex mineralised R2 Mines lithologies • Reconnaissance sampling of artisanal pits reported g
Slide 13: PR12423 – High Grade Cobalt Mineralisation
PR12423 – High Grade Cobalt Mineralisation Early stage cobalt project For personal use only • PR12423 covers 5.04km2, located approximately 30km NE of Kolwezi • Early stage project assessed previously for copper potential • 3km of mineralised R2 Mines Series thrust faulted to surface • Historical tr
Slide 14: PEPM2315 – Location and Geology
PEPM2315 – Location and Geology Early stage cobalt-copper project in highly prospective Roan belt For personal use only • Permit covers an area of 28.35 km2 and lies roughly 8km SSE of Kolwezi • Eighty five percent of the property is overlain by recent soil cover • Good potential for discovery of bl
Slide 15: Lubumbashi Region – Location and Geology
Lubumbashi Region – Location and Geology Early stage cobalt-copper projects For personal use only • 3 concessions covering 82.71 km2, approximately 60km NE of Lubumbashi • Over 20km of Roan sediments interpreted to transgress licence areas • Roan sediments mined on PR12726 on strike from interpreted
Slide 16: EV Battery Thematic
EV Battery Thematic The world is changing: electric vehicles will be a disruptive force For personal use only 1. Glencore Investor Update: 12 Dec 2017 16
Slide 17: EV Battery Thematic: Cobalt expected to be a big winner
EV Battery Thematic Cobalt expected to be a big winner For personal use only • NMC batteries favoured by the EV industry Cathode Active Material Allocation(1) 2016 2025E • Cobalt concentrations need to be maintained in NMC batteries to stabilise LMO, NCA, 8% 9% nickel LFP, 24% ─ High nickel concentr
Slide 18: Cobalt Supply & Demand
Cobalt Supply & Demand High demand, challenged supply, increasing price For personal use only • High demand driven by EVs, however LTM LME Cobalt Price Performance(1) supply is challenged US$/t 100,000 ─ Mainly produced as a by-product of 90,000 copper and nickel, with only 1% 80,000 from primary mi
Slide 19: Competent Person Statement & Disclaimer
Competent Person Statement & Disclaimer For personal use only The information contained in this presentation has been prepared by Taruga Gold Limited (Company). The information in this Presentation that relates to exploration results and geological information is compiled by Mr Bernard Aylward. Mr A
Slide 20: For more information contact
For personal use only TARUGA GOLD LIMITED For more information contact: Mark Gasson Executive Director Phone: +33 640 612 921 Email: mark@gasson.co.za 20