Giyani Metals Corp · TSXV:EMM
Giyani Metals — Investor Presentation (June 2019)
31 slides from Giyani Metals's investor presentation, June 2019
Slide 1: Emerging Battery-Grade Manganese Opportunity
GIYANI METALS CORP. EMERGING BATTERY-GRADE MANGANESE OPPORTUNITY JUNE 2019 BATTERY-GRADE MANGANESE SOUTHERN AFRICA
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements and factual information that are current as of the date the presentation was originally delivered. When used in this presentation, words such as “may”, “would”, “could”, “will”, “expect”, “anticipate”, “estimate”, “beli
Slide 3: The Asset
THE ASSET LARGE LAND PACKAGE IN SE BOTSWANA; FAVORABLE MINING JURISDICTION OWNERSHIP 88-100% interest in an extensive land package covering 8,135 square kilometres in south-eastern Botswana. PROJECT PIPELINE Several battery-amenable manganese occurrences which provides Giyani with a pipeline of mult
Slide 4: The Asset: K.Hill, Otse and Lobatse
THE ASSET K.HILL, OTSE AND LOBATSE: HIGH GRADE MN-OXIDE DEPOSITS OTSE • Located just outside the village of Otse. • 2km from the main A1 tarmac road between Gaborone and the RSA border and North-South railway. • Historically mined for high grade, low Fe content Mn-ore. • Two existing pits. • Mineral
Slide 5: Non-Metallurgical Manganese Applications
MANGANESE APPLICATIONS STEEL MAKING, METAL ALLOYS, BATTERIES, AND SPECIAL CHEMICALS MANGANESE ORE AND MANGANESE METAL • Mn-Ore is used as Ferro-Manganese and Silico-Manganese in the production of steel and Mn-alloys. About 86% of all Mn-Ore mined is currently used in steel making. • The total global
Slide 6: EMM Market
EMM MARKET MARKET SIZE, MARKET FORECAST, PRODUCT PRICING EMM / MN-ORE PRICE COMPARISON • EMM trades at a significant premium price to Mn-Ore. EMM sells per tonne, and Mn- Ore per Dry Metric Tonne Unit. • I.e. • 37% Mn-ore in August 2018 sold at: 37 x 6 = USD 222 per ton. • 99,7 % EMM in August 2018
Slide 7: EMM Making Process
EMM MAKING PROCESS ACID DISSOLUTION, SOLVENT EXTRACTION AND ELECTROWINNING ELECTROLYTIC MANGANESE METAL (EMM) • Mn gets extracted from its mineral form using an acid leach, solvent extraction and electrowinning (SX/EW) process, much similar to the processing method of copper and other base metals. •
Slide 8: Giyani Metals: Milestones Achieved
GIYANI METALS: MILESTONES ACHIEVED HIGHLIGHTS Completion of reconnaissance Publication of mineral resource surface mapping and sampling Successful fund raising of CAD estimate at K.Hill, 1.1M tonnes at program 1.2M for 2018 exploration 31.2% MnO July 2017 Dec 2017 Sept 2018 Feb 2019 Sept 2017 Feb 20
Slide 9: K.Hill Resource Estimate, 2018
K.HILL RESOURCE ESTIMATE, 2018 1.1 Million tonnes at 31.2 % MnO North • Two Manganese shale horizons. One at the top of the stratigraphy North Northern portion and a second further down the stratigraphy. Northern portion Southern portion • Average thickness of the Mn-Shale is 3m and appears to be pr
Slide 10: 2019 Work Streams
2019 WORK STREAMS WORK STREAMS: DEVELOPMENT OF K.HILL, DSO PROGRAM AND EXPLORATION DEVELOPMENT OF K.HILL (ONGOING) ENVIRONMENTAL MANAGEMENT PLANS (ONGOING) • PEA - Preliminary Economic Assessment • Approval granted from the Department of Environmental • Hydrometallurgical Testing Affairs (DEA) in Bo
Slide 11: 2019 Work Streams: Development of K.Hill
2019 WORK STREAMS DEVELOPMENT OF K.HILL – BUILDING A MINE AND EMM PROCESSING FACILITY PRELIMINARY ECONOMIC ASSESSMENT (ONGOING) RESERVE DRILLING • Early indication of NPV • Based on comments from PEA and requirements for DFS • Process flow for hydrometallurgical processing • Increase geological and
Slide 12: 2019 Work Streams: DSO Program
2019 WORK STREAMS DSO PROGRAM - EXPLOITING HISTORICAL STOCKPILE MATERIAL FROM OTSE AND K.HILL METALLURGICAL TESTING (ONGOING) REHABILITATION AND RECLAMATION - OTSE • Sampling (completed) • Implementation of bench cutting program • Ore characterization, Crushing and Screening test (on-going) • Upgrad
Slide 13: 2019 Work Streams: DSO Program - Otse
2019 WORK STREAMS DSO PROGRAM - OTSE Otse South quarry Otse quarry REHABILITATION AND RECLAMATION • Surface sampling has proven grade of ore material. • Metallurgical testing to determine product specification. • Benches to improve safety of old sites • ~200kt of rock to be moved • Mineralized mater
Slide 14: 2019 Work Streams: DSO Program - K.Hill
2019 WORK STREAMS DSO PROGRAM – K.HILL HISTORICALLY DISCARDED MATERIAL # Piles Est. Tons Ave. Mn % 5 16.36 37 13 7,025 23 8 18,467 17 2 133 3 • Majority of material is below a sellable grade. • Screen tests will indicate particle size distribution and Mn grade. Densimetric test to determine upgraded
Slide 15: 2019 Work Streams: Exploration
2019 WORK STREAMS EXPLORATION K.HILL OTSE • Detailed geological mapping and surface sampling towards the • Detailed geological mapping and surface sampling around SW of the deposit. existing Mn occurrences and historical pits. • Exploration drilling on geophysical anomalies. • RC drilling over geoph
Slide 16: 2019 Work Streams: Exploration Maps
2019 WORK STREAMS EXPLORATION - MAPS GEOLOGICAL MAPPING AND SURFACE SAMPLING EXPLORATION DRILLING – K.HILL • Geological mapping to prioritize areas around known • Green markers on map indicating drill holes completed for mineralization at K.Hill, Otse and Lobatse. resource estimate as well as explor
Slide 17: Marketing, Financing and Offtake
2019 WORK STREAMS MARKETING, FINANCING AND OFFTAKE – DSO MATERIAL, PROJECT FINANCING AND EMM TRAXYS Financing, investing, marketing and sourcing of metals and minerals • Terms signed with Traxys for the offtake and Convertible Loan Facility. • Traxys will market the DSO produced from the rehabilitat
Slide 18: Investment Opportunity
INVESTMENT OPPORTUNITY VALUE: ASSET, JURISDICTION, TEAM, MARKET AND ECONOMICS ASSET • Mineral Resource Estimate completed for K.Hill (1 of 3 prospects) • PEA ongoing. To be followed by Definitive Feasibility Study in Q1 2020. • Relatively easy mining conditions with low CAPEX requirements. • Hydrome
Slide 19: Business Strategy
BUSINESS STRATEGY GROWTH, VERTICAL INTEGRATION, PREMUIM PRODUCTS ORGANIC GROWTH • Accelerating the K.Hill project into production • Developing the Otse and Lobatse prospects • Exploring the rest of the Kanye Basin Project licence area PRIMARY MARKET • Premium products for the battery electric vehicl
Slide 20: Board and Management
BOARD AND MANAGEMENT PROVEN RECORD IN MINING AND MANAGEMENT OF PUBLIC ENTITIES ROBIN BIRCHALL WAJD BOUBOU AAMER SIDDIQUI CEO - DIRECTOR PRESIDENT CFO Mr. Birchall brings more than eighteen years of experience in the Mr. Boubou is an experienced executive with a 28-year history of Mr. Siddiqui is a C
Slide 21: Share Structure
SHARE STRUCTURE CAPITAL STRUCURE AND MAJOR SHAREHOLDING MAJOR SHAREHOLDERS Public Domain 94% Tribeca 2% US Global 1% RAB Capital 1% Directors and Management 2% TICKER MARKET CAP SHARE PRICE 52 WEEK RANGE SHARE IN ISSUE TSXV : EMM CAD 10.98 M * CAD 0.13 CAD 0.07 – 0.40 84.46 M * As of May 13, 2019 Ju
Slide 22: Appendix – Global EMM Production
APPENDIX – GLOBAL EMM PRODUCTION GLOBAL PRODUCTION: ONLY TWO COUNTRIES PRODUCING EMM June 2019 22
Slide 23: Appendix – Battery Chemistries
APPENDIX – BATTERY CHEMISTRIES LI-ION BATTERIES USES DIFFERENT TYPES CATHODES BASICS OF LI-ION CHARGEABLE BATTERY COMPARISON BETWEEN CURRENT CATHODE CHEMISTRIES • A Li-Ion move between an anode and a cathode, by means of an • Commercially developed technologies are slow to adapt. electrolyte. During
Slide 24: Appendix – Cost of Batteries
APPENDIX – COST OF BATTERIES MN IS REQUIRED TO MAKE NMC BATTERIES, BUT IS NOT PRICE SENSITIVE MANGANESE AS RAW MATERIAL • In a NMC (1:1:1), Li-ion battery the cathode has equal portions of the three metals. From the cost break down below, it can be seen that Mn currently only contributes about USD 2
Slide 25: Appendix – Flow Sheet
APPENDIX – FLOW SHEET PRELIMINARY DESIGN OF EMM PROCESSING FLOW SHEET R1 R3 In Screen Crushing Air Fines R2 R4 SIZE REDUCTION R6 R5 Grind Screen Washing Water • Mined ore to be crushed, screened and milled to an optimal size fraction for the leaching. R7 R8 R9 Fe/Kaolin Grinding Dissolved Solids R10
Slide 26: Appendix – Botswana as Mining Jurisdiction
APPENDIX – BOTSWANA AS MINING JURISDICTION EXCHANGE CONTROL, OWNERSHIP AND TAXES BOTSWANA MINING ADVANTAGE • One of the most attractive mining jurisdictions in Africa with political stability and transparency. • 26% Investment advantage compared to neighbouring countries with active Black Economic E
Slide 27: Resource and Exploration Drilling, 2018
RESOURCE AND EXPLORATION DRILLING, 2018 29 DIAMOND DRILL HOLES, 1,832 M, AND 622 SAMPLES Diamond drill collars, K.Hill Finished and marked drill hole High grade Mn mineralization, K.Hill • Diamond drill holes completed: • K.Hill = 18 (15 Resource, 2 exploration and 1 metallurgical) • Otse = 7 Explor
Slide 28: Surface Mapping and Sampling, 2017
SURFACE MAPPING AND SAMPLING, 2017 GEOLOGICAL MAPPING AND SURFACE SAMPLING AT K.HILL AND OTSE Surface samples collected, K.Hill. Manganese mineralization within the Mn-shale, K.Hill Artisanal room and pillar mining, KHill. Nodular type Ore, Otse • A total of 214 grab samples collected and analysed b
Slide 29: Ground Geophysics, 2018
GROUND GEOPHYSICS, 2018 GROUND MAGNETICS, GROUND GRAVITY AND IP/DC SURVEYS Total horizontal derivative of the Bouguer Anomaly with structure, Otse. 50m density depth slice image, K.Hiill • 50 x 50m gravity grid, total 2,557 stations completed at K.Hill and Otse. • Continues WalkMag survey. • 101.3km
Slide 30: 2019 Work Streams: Exploration Maps
2019 WORK STREAMS EXPLORATION - MAPS EXPLORATION DRILLING - OTSE GREENFIELDS EXPLORATION - LOBATSE • 100 x 100m RC drilling grid designed to follow up on • Geological mapping and Surface sampling required to geophysical anomalies at Otse. understand the deposit and the historical mining activity. •
Slide 31: Contact Us
CONTACT US TSXV : EMM Registered Office 277 Lakeshore Road East Suite 403 Oakville, Ontario Canada L6J 6J3 info@giyanimetals.com www.giyanimetals.com June 2019 31