Taruga Minerals Limited · ASX:TAR
Taruga Minerals — Investor Presentation (September 2018)
20 slides from Taruga Minerals's investor presentation, Sep 20, 2018
Slide 1: Investor Presentation September 2018
For personal use only September 2018 Investor Presentation
Slide 2: Investment Highlights
Investment Highlights For personal use only A high grade cobalt-copper play in the DRC Favourable technical due diligence completed at Kamilombe and Mwilu in the Kolwezi Mining District High grades included 50.87m at 0.5% Co including 13.68m at 1.2% Co & 42.85m at 0.4% Co including 6.40m at 1.11% Co
Slide 3: Corporate Overview
Corporate Overview For personal use only Well positioned to become a substantial cobalt-copper player Capitalisation Data(1) LTM Share Price and Volume(1) A$/share Volume (M) Share Price A$ 0.08 0.40 Max: 14.0 A$0.35 0.35 Basic S/O(2) M 138.8 12.0 0.30 10.0 Market Cap A$M 11.1 0.25 Min: 8.0 Net Cash
Slide 4: Project Overview
Project Overview For personal use only Excellent grades at Kamilombe – 50.87m at 0.49% Co from 5.8m including 13.68m at 1.21% Co from 30.47m • Located in the Kolwezi “Klippe” in the DRC with access to excellent infrastructure • Completed technical due diligence at Kamilombe and Mwilu supports furthe
Slide 5: Management Overview
Management Overview For personal use only A strong, diversified and qualified team with extensive experience in the DRC 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 6: Kolwezi "Klippe" – Includes Mwilu and Kamilombe Projects
Kolwezi “Klippe” – Includes Mwilu and Kamilombe Projects For personal use only Host to 50% of Katanga deposits • Covers an area of over 20km x 8km centered on Kolwezi • Includes Glencore’s Kamoto deposit (~1.6M tonnes contained cobalt) • High grade cobalt mineralization from surface • Largest cluste
Slide 7: Kamilombe Project – High Grade Drill Intersections
Kamilombe Project – High Grade Drill Intersections For personal use only Borders on KCC’s Mashamba deposit (400,000 tonnes of contained cobalt) • High grade cobalt intersected in due diligence drilling • Best cobalt results included:(1) ─ 50.87m at 0.49% Co from 5.8m including 13.68m at 1.21% Co fro
Slide 8: Kamilombe Project – Sections
Kamilombe Project – Sections For personal use only Near surface, shallow dipping, mineralised Mines R2 Series lithologies 1. Refer ASX Announcements 30 Jul 2018 and 31 Aug 2018 8
Slide 9: Mwilu Project – Multiple Mineralised Zones at Surface
Mwilu Project – Multiple Mineralised Zones at Surface For personal use only Mineralisation defined over 700m width down to 280m below surface • Best cobalt & copper results included:(1) ─ 42.85m at 0.39% Co from 256.55m including 6.40m at 1.11% Co from 282.45m & 8.40m at 2.7% Cu from 269.15m ─ Chann
Slide 10: Mwilu Project – Sections
Mwilu Project – Sections For personal use only Potential for open pit and underground mining operations 1. Refer ASX Announcements 31 Aug 2018 and 14 Sep 2018 10
Slide 11: High Grade Cobalt Located in the DRC
High Grade Cobalt Located in the DRC For personal use only Kamilombe and Mwilu compare favourably to global cobalt peers Total Measured and Indicated Resource(1) % Co Mt Contained Co Grade, Measured & Indicated (% Co) Contained, Measured & Indicated (Mt Co) 0.70 2.50 (4) 0.59 0.60 (4) (2) 0.54 2.00
Slide 12: Cobalt DDH Drill Results Since 2016
Cobalt DDH Drill Results Since 2016(1,2) For personal use only Early drilling at Taruga highlights potential scale • UEX Corp – 858 tonnes of contained inferred cobalt resource(3) • Azure Minerals – cobalt enrichment on surface, ~50m strike(4) Interval Cobalt Grade Cobalt Grade x Date Hole or Sampli
Slide 13: Mwilu & Kamilombe Projects – Next Steps
Mwilu & Kamilombe Projects – Next Steps For personal use only Fast track drilling programmes for early resource definition • Conclude ongoing due diligence at both Kamilombe and Mwilu • Infill drilling on a 100 x 100m grid at Kamilombe • Drilling at 100 x 50m centers on the high grade, steeply dippi
Slide 14: PEPM2315 – Location and Geology
PEPM2315 – Location and Geology For personal use only Early stage cobalt-copper project in highly prospective Roan belt • Permit covers an area of 28.35km2 and lies roughly 8km SSE of Kolwezi • 85% of the property is overlain by recent soil cover • Good potential for discovery of blind deposits • Ro
Slide 15: EV Battery Thematic
EV Battery Thematic For personal use only Cobalt expected to be a big winner Cathode Active Material Allocation(1) 2016 2025E • NMC batteries favoured by the EV industry LMO, NCA, 8% • Cobalt concentrations need to be maintained in NMC 9% LFP, 24% batteries to stabilise nickel LCO, 21% NMC, 26% NMC,
Slide 16: DRC: The Answer to the Cobalt Supply Dilemma
DRC: The Answer to the Cobalt Supply Dilemma For personal use only Future cobalt shortages are all but inevitable Scenarios for Refined Cobalt Supply & Demand(1) • High demand driven by EV batteries, however supply is challenged ─ Mainly produced as a by-product of copper and nickel, with only 1% fr
Slide 17: Appendix
For personal use only Appendix
Slide 18: Central African Copperbelt - Geology
Central African Copperbelt - Geology For personal use only Roan Sequence - host to worlds largest stratiform cobalt and copper deposits • DRC hosts 60% of the worlds cobalt resources • Cobalt-copper mineralisation traditionally within the lower Roan, Mine Group (R-2) series • Discovery of Kamoa (>25
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 Minerals Limited (Company). The information in this report that relates to exploration results is based on, and fairly represents information and supporting docume
Slide 20: tarugaminerals.com.au
For personal use only tarugaminerals.com.au
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