Eq Resources Limited · ASX:EQR
Eq Resources — Speciality Metals International — Shareholder Meeting (November 2020)
30 slides from Eq Resources's shareholder meeting presentation, Nov 26, 2020
Slide 1: Annual General Meeting – Chair's Address and CEO Presentation
ABN: 77 115 009 106 (ASX: SEI) 26 November 2020 Company Announcements Office ASX Limited Exchange Centre 20 Bridge Street SYDNEY NSW 2000 Annual General Meeting – Chair’s Address and CEO Presentation In accordance with Listing Rule 3.13.3, attached is a copy of the Chair’s Address and CEO’s Presenta
Slide 2: 2020 AGM Chair's Address
ABN: 77 115 009 106 (ASX: SEI) 2020 AGM Chair’s Address Oliver Kleinhempel, Chair of the Board The past 12 months has been a period of consolidation for the Company; building on the momentum started in 2019 to transition from a junior exploration company to an emerging tungsten producer. Against the
Slide 3: Annual General Meeting
Annual General Meeting 26 November 2020 AGM 2020 Mt Carbine Site
Slide 4: Disclaimer
Disclaimer Competent Person's Statement • The information in this presentation relating to Mineral Resource summary are extracted from the following report on the Company's website, http://www.specialitymetalsintl.com.au/: Mineral Resource & JORC 2012 Compliance Update dated 13 January 2014. The und
Slide 5: Mt Carbine Overview
Mt Carbine Quarry Mt Carbine Overview 3 AGM 2020
Slide 6: Progress Since AGM 2019 and Opportunities Ahead
Progress Since AGM 2019 and Opportunities Ahead Mt Carbine Site Tungsten Operation Production and cash-flow today… Refurbished tungsten process plant commissioned and expanded to 300k tpa capacity Proven viability of advanced XRT ore sorting for 20+ times upgrade of feedstock grade Crushed (lo
Slide 7: Mt Carbine Site Tour
Mt Carbine Site Tour Office, Lab & 1 Core Shed 2 3 5 Tailings Pond / 2 4 Retreatment Plant Quarry & 3 OOSR Stock- pile 1 4 XRT Sorter LG Ore Stock- 5 pile 5 AGM 2020
Slide 8: Site Tour - Retreatment Plant
Mt Carbine Site Tour - Retreatment Plant 6 AGM 2020
Slide 9: Site Tour - Quarry
Mt Carbine Site Tour - Quarry 7 AGM 2020
Slide 10: Site Tour - XRT Sorter
Mt Carbine Site Tour - XRT Sorter 8 AGM 2020
Slide 11: Site Tour - Low Grade Ore / Waste Stockpile
Mt Carbine Site Tour - Low Grade Ore / Waste Stockpile ~30m 9 AGM 2020
Slide 12: Mt Carbine Production & Development
Mt Carbine Production & Development Tungsten Processing Plant 10 AGM 2020
Slide 13: Retreatment Plant Progress 2019/20
Retreatment Plant Progress 2019/20 11 AGM 2020
Slide 14: Mt Carbine Project Timeline
Mt Carbine Project Timeline 2020 2021 2022 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Amendment Process for 300,000tpa Commence Phase 1 – XRT Pilot Plant Conversion to full time operation @300,000tpa & quarry project pipeline development Pilot Plant Test Program while the Amendment is completed on the EA* to incr
Slide 15: XRT Pilot Plant - Mine Waste Transformation Process
XRT Pilot Plant - Mine Waste Transformation Process XRT Sensor Based Sorting: Increasing productivity Lowering resource Oversize consumption Stockpile Maximising value derived -40mm +8mm from deposit Aggregates Primary Crush Historic & Screen Stockpile REJECT ACCEPT +8mm Upgraded Tungsten Ore -8mm t
Slide 16: XRT Pilot Plant - Development
XRT Pilot Plant - Development Structured & logical approach Development program Commissioning completed Development & feasibility work In line with environmental ongoing Production scale-up permitting ongoing Bulk Testing Of mineralized stockpiles to understand characteristics of each (positive resu
Slide 17: Historic Stockpile Sampling for XRT Pilot Plant
Historic Stockpile Sampling for XRT Pilot Plant Trench & Pit Sample Program Under the METS Ignited program, in line with SEI’s XRT feasibility work, several samples are being extracted and processed on a bulk basis. In addition to this, several other bulk samples simulating production runs are being
Slide 18: Quarry - Evaluation & Development
Mt Carbine Quarry - Evaluation & Development Growth Planning Historic Stockpiles • Value-Add Product • 12Mt Historic Waste Rock • Leverage Government • 2Mt Historic Tailings Mt Carbine Infrastructure Plans Quarry Development Site Assessment Beneficial Reuse • Stockpiles low OPEX • XRT and Retreatmen
Slide 19: Underground Development
Mt Carbine Underground Development Open We completed re-assaying of historical drill core, as a basis for reinterpretation of the Mt Carbine underground resource and definition of High-Grade King-Veins. Open Next steps in developing the underground resource: • Submission of facility documentation to
Slide 20: Expansion Targets
Mt Carbine Expansion Targets (part of ongoing feasibility work) Tonnes installed capacity* 3000 2500 - 3000 XRT Sorter Upgrade subject to positive outcome of feasibility work & permitting 2000 Production Guidance 2021 1200 - 1500 with existing plant arrangement UG Mine opening 1000 subject to positi
Slide 21: Gold Exploration NSW
Gold Exploration NSW Drill Core 19 AGM 2020
Slide 22: Our Gold Exploration Assets (100% owned)
Our Gold Exploration Assets (100% owned) Extensive exploration potential both at Crow Mountain (EL6648) and Panama Hat (EL8024) Shallow and underground gold workings dating back to the late 19 th and early 20 th century Significant data set available from historical exploration programs and more
Slide 23: Strategic Roadmap with ESG Agenda
Strategic Roadmap with ESG Agenda Tailings Dam 21 AGM 2020
Slide 24: Our Value Proposition
Our Value Proposition Critical Minerals Security Low Cost Expansion First Class Infrastructure US, UK, EU, Japan, South Korea and Minimal investment since acquisition of Highway connecting to Cairns within India classified tungsten as critical for mining leases, take over of existing two hours (Int’
Slide 25: Competitive Environment & Peer Analysis
Competitive Environment & Peer Analysis Industry Cash Cost vs Historic APT Price (in US$)* 2018 2019 2020 It’s all about China…: High cost producers (primarily state-owned) supported floor pricing around 210 US$/mtu throughout 2020 Quota restrictions keeping domestic market in balance (thus “cri
Slide 26: Our Roadmap 2025
Our Roadmap 2025 The Company aims to create shareholder value through the exploration and development of its current portfolio whilst continuing to evaluate corporate and exploration opportunities within the new economy & critical minerals sector. 2020 2022 2025 2020 2022 2025 Prepare Focus Accelera
Slide 27: Our Values
Our Values Act Safe. Feel Safe. Act safe at work. Care and respect each other. Feel safe to be yourself. Embrace Difference Diversity of thinking, skills and background creates value and drives innovation. Tread Lightly Embed resource efficiency to minimise environmental footprint and deliver positi
Slide 28: Our Positioning
Our Positioning Resource Efficient Value-Oriented Critical for Tomorrow • We support the transition to a low carbon • We ‘leapfrog’ old models and methods, • We target new economy and critical future and are committed towards and adopt new ways to maximise the minerals and metals that are in high su
Slide 29: Walk the Talk
Walk the Talk Resource Efficient Buddy up Tread Lightly …extract from secondary sources … integrate advanced technologies …collaboration is key to …minimise environmental to increase resource, cost and realising shared value footprint energy efficiencies 27 AGM 2020
Slide 30: Thankyou
Thankyou Follow us Tailings Dam 28 AGM 2020
Speciality Metals International — Shareholder Meeting (November 2020) on 6ix