Platina Resources Limited · ASX:PGM
Platina Resources — Noosa Mining Conference 2020
20 slides from Platina Resources's conference presentation, Nov 11, 2020
Slide 1: Going for Gold – Investor Presentation
For personal use only Photo positional only. To be replaced with drilling photo. GOING FOR GOLD Investor Presentation Corey Nolan, Managing Director NOOSA MINING CONFERENCE | NOVEMBER 2020
Slide 2: Company Profile
COMPANY PROFILE Platina controls a portfolio of For personal use only precious, speciality and base metal projects at various stage of development Value is created by advancing projects through exploration, feasibility, permitting and towards development Project value realised through sale, joint ve
Slide 3: Investment proposition
COMPANY PROFILE Investment proposition For personal use only 01 02 03 $ Skaergaard sale Significant exploration Unlocking the value proceeds minimises upside in gold and of other assets future equity dilution palladium PLATINA RESOURCES ASX: PGM SLIDE / 3
Slide 4: Strength in numbers
COMPANY PROFILE Challa Strength in numbers Mt Narryer For personal use only Platina Scandium Munni Munni (30%) Cash Skaergaard sale Investments Other assets Market capitalisation $1.1m + $0.5m + $15.2m + $1.4m = $18.2m 30 September 2020 Cash payment. Due for Listed Investment Holdings CSE: SIZE & TS
Slide 5: Skaergaard Project – Sale process unlocks value
TRANSFORMATIONAL TRANSACTION MAJOR SHARE PRICE Skaergaard Project For personal use only JULY 2020 Sale process unlocks value C$0.80 • Sale process to Canadian listed Major Precious Metals Corp (CSE: SIZE) nearing completion NOV 2019 • A$15.1m of value generated: C$0.03 • C$0.5m in cash; and 10 NOV 2
Slide 6: Major's plan to add value to Skaergaard
TRANSFORMATIONAL TRANSACTION Skaergaard Project For personal use only Major’s plan to add value to a globally significant, multi million ounce palladium and gold deposit 02 Drilling summer 2021 02 Complete Preliminary Economic Assessment 01 Update NI-43101 resource estimate PLATINA RESOURCES ASX: PG
Slide 7: Strategic focus directed towards Australian gold/PGM
COMPANY PROFILE Strategic focus directed towards For personal use only Australian gold/PGM • Record prices in 2020 for gold and palladium • New gold projects acquired in Western Australia • Gold M&A opportunities being assessed PLATINA RESOURCES ASX: PGM SLIDE / 7
Slide 8: Challa Gold Project
NEW ASSET Challa Gold Project For personal use only Prime location • Two exploration licences covering 293km2 • Prolific gold producing district: • Sandstone - 1.3 million ozs • Mt Magnet - 6 million ozs • Youanmi - 670,000 ozs Minimal historical exploration • Tenements covered by shallow outcrop •
Slide 9: Targeting major gold deposits undercover
CHALLA GOLD PROJECT Targeting major gold deposits undercover For personal use only Challa West • Major structure associated with 1Moz Au deposits • Favourable greenstone host rocks • Hydrothermal alteration along zones of major structural dislocation Challa East • Paynesville gold trend with many go
Slide 10: Mt Narryer project
A NEW HIGHLY PROSPECTIVE OPPORTUNITY Mt Narryer project For personal use only Prime location • Tenement application (E09/242) covering 165km2 • Located in the western Yilgarn Craton • Very little modern exploration due to lack of outcropping greenstones Robust geological model • Structure - covers a
Slide 11: Munni Munni Project
STRIKING WHILE THE IRON IS HOT Munni Munni Project (PGM 30%)# For personal use only Location, location, location • 100 km from Karratha • Well established mining district • 20km from Radio Hill processing plant A significant Australian PGM deposit • Historical resource containing platinum, palladium
Slide 12: Platina Scandium Project
BUILDING A SPECIALITY METALS BUSINESS Platina Scandium Project For personal use only Platina Scandium Project – New South Wales Exploring options to unlock value from our Definitive Feasibility Study Results – December 2018 speciality metals business Start up CAPEX Stage 2 CAPEX • Market development
Slide 13: Blue Moon Project
SIGNIFICANT POTENTIAL Blue Moon Project For personal use only A high-grade zinc-copper-gold deposit with significant resource expansion and development potential • Exploration activities on hold due to the impact of the Coronavirus pandemic • Exploring options to realise value from the project PLATI
Slide 14: Share price catalysts
GOING FOR GOLD Share price catalysts For personal use only 05 Monetisation of 04 non-core assets Mergers & 03 acquisitions 02 Mt Narryer gold prospect granted 01 Challa soil sampling and Closure of drilling programs Skaergaard sale PLATINA RESOURCES ASX: PGM SLIDE / 14
Slide 15: Disclaimer
Disclaimer For personal use only CAUTIONARY AND FORWARD-LOOKING STATEMENTS COMPETENT PERSON STATEMENT 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 Limit
Slide 16: Corporate overview
Appendix 1 Corporate overview For personal use only Share price Market capitalisation Board of directors 4.5¢ 10 November 2020 $18.2m Corey Nolan 52 week high 8.2c, low 1.0c Managing Director Investments* Cash Brian Moller Chairman $15.2m $1.11m Chris Hartley 30 September 2020 Director Shares on iss
Slide 17: Strong Investor Support
Appendix 2 Strong Investor Support For personal use only ✓ Tight share register Top 20 shareholders ✓ Strong major investor support ✓ Skaergaard sale minimises future potential share dilution 48% ✓ $2 million in funding raised to pursue gold strategy 0.08 0.06 Major shareholders 0.04 0.042c Cairngle
Slide 18: Skaergaard Mineral Resources
Appendix 3 Skaergaard Mineral Resources For personal use only Resource Tonnes Au Pd Pt AuEq Au Pd Pt Classification (kt) (g/t) (g/t) (g/t) (g/t) (Moz) (Moz) (Moz) Indicated 5,080 1.25 0.88 0.06 1.66 0.2 0.14 0.01 Inferred 197,140 0.87 1.35 0.11 1.51 5.49 8.53 0.68 TOTAL 202,220 0.88 1.33 0.11 1.52 5
Slide 19: Platina Scandium Project Ore Reserves and Mineral Resources
Appendix 4 Platina Scandium Project Ore For personal use only Reserves and Mineral Resources JORC Ore Reserve (400 ppm Sc cut-off) Dry Sc Co Ni Sc2O3 Co Ni Category Mt ppm % % t* t t Proven 3.05 575 0.10 0.13 2,696 2,945 4,054 Probable 0.97 550 0.07 0.08 816 654 767 Total 4.02 570 0.09 0.12 3,512 3,
Slide 20: Contact
For personal use only CONTACT Corey Nolan Managing Director Telephone: +61 7 5580 9094 Email: admin@platinaresources.com.au platinaresources.com.au