American Rare Earths Ltd · ASX:ARR
American Rare Earths — Broken Hill Prospecting — Resources Investment Conference, Broken Hill 2015
22 slides from American Rare Earths's conference presentation, May 29, 2015
Slide 1: MD Presentation on Heavy Mineral Sand Projects
Broken Hill Prospecting Limited ARBN 003 453 503 Level 14, 52 Phillip Street, Sydney NSW 2000 Box 3486 GPO, Sydney NSW 2001 P: +61 2 9252 5300 F: +61 2 9252 8400 E: info@bhpl.biz Website: www.bhpl.biz ASX ANNOUNCEMENT ASX Code: BPL ASX Limited 20 Bridge Street Sydney, NSW 2000 29 May 2015 MD Present
Slide 2: The Copi North and Magic HMS Deposits
The Copi North and Magic HMS Deposits New development opportunities in the northern Murray Basin 1
Slide 3: Cautionary Notes
Cautionary Notes Disclaimer This presentation contains forward-looking statements that involve subjective judgement and analysis and accordingly, are subject to significant uncertainties and risks, many of which are outside the control of, and are unknown to, Broken Hill Prospecting Pty Ltd ( “BPL”)
Slide 4: Murray Basin HMS – Regional Setting
Murray Basin HMS – Regional Setting • The Murray Basin is a globally important Heavy Mineral Sand (‘HMS’) Province with current Broken Hill Broken Hill resources valued >US$200b Broken Hill Broken Hill • HMS deposits south of Broken Target area project areas Hill were evaluated by Iluka & others in
Slide 5: Advanced Mineral Sands Opportunities
Advanced Mineral Sands Opportunities 5 granted Exploration licences and one ELA over a portfolio of HMS projects, North Murray Basin, NSW Located west of Cristal Mining’s Ginkgo & Snapper mines Investigated (drilling) in 1990’s by Iluka Resources Ltd, Bemax Resources Limited & Westralian Sands
Slide 6: Corporate Strategy
Corporate Strategy Stage 1 – Establishing the Early Uplift Advantage • Low Cost Entry Point – 100% Ownership (Application/grant not Purchase) ✔ • Quantify the Opportunity – Desk Top Studies ✔ • Communicate the Opportunity to Investors ✔ • Arrange Financing – part through JV (RRL) part & via a Rights
Slide 7: BPL's HMS Project Portfolio (100% BHM)
BPL’s HMS Project Portfolio (100% BHM) • Three Exploration Licences, >10 Prospects. • HM mineralogy: ilmenite, rutile, zircon, leucoxene • Prospect data currently being evaluated & ranked • More aircore drilling planned later in 2015 to test deposits in 100% BHM tenements • Maiden JORC resource esti
Slide 8: Drilling April 2015 Copi North HMS Deposit
Drilling April 2015 Copi North HMS Deposit INSET 1 • Assays for 129 drill holes (3,838m completed) INSET 2 INSET 3 • Very high-grade intersections (>20% HM) start at INSET 4 INSET 5 shallow depths ranging from 8 metres to 42 INSET 6 metres (av. 18m of cover) INSET 7 INSET 8 • Numerous holes contain
Slide 9: Copi North HMS Deposit – INSET 1
Copi North HMS Deposit – INSET 1 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 8
Slide 10: Copi North HMS Deposit – INSET 2
Copi North HMS Deposit – INSET 2 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 9
Slide 11: Copi North HMS Deposit – INSET 3
Copi North HMS Deposit – INSET 3 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 10
Slide 12: Copi North HMS Deposit – INSET 4
Copi North HMS Deposit – INSET 4 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 11
Slide 13: Copi North HMS Deposit – INSET 5
Copi North HMS Deposit – INSET 5 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 12
Slide 14: Copi North HMS Deposit – INSET 6
Copi North HMS Deposit – INSET 6 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 13
Slide 15: Copi North HMS Deposit – INSET 7
Copi North HMS Deposit – INSET 7 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 14
Slide 16: Copi North HMS Deposit – INSET 8
Copi North HMS Deposit – INSET 8 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 15
Slide 17: Copi North drill hole sections A & K
Copi North drill hole sections A & K SECTION A SECTION K S N S N 16
Slide 18: Copi North drill hole sections M & Q
SECTION Q Copi North drill hole sections M & Q SECTION M S N S N 17
Slide 19: Drilling April 2015 Magic HMS Deposit
Drilling April 2015 Strategically located almost midway Magic HMS Deposit between Snapper & Ginkgo Mines and Broken Hill • 88 air core holes, for 2,124 metres • Only a few results (~10%) received: Widespread, shallow, high-grade intersections of >5% HM (up to 12%), from 15 metres depth over 12km. •
Slide 20: 120km south of Broken Hill
Drill rig setting up at White lake, SE end of Magic Deposit 120km south of Broken Hill 10km west of Silver City Highway Close to groundwater bores 5km from 99Kv power Limited land use 19
Slide 21: Corporate Overview
Corporate Overview Pre After Non renounceable Rights Issue Broken Hill Prospecting Limited ASX Code: BPL rights rights Announced 20 May 2015, Opens 29 May, 2015 issue issue To issue up ~25m new shares raising up to ~$1m Ordinary Shares on Issue 99.40m 124.6m Underwritten, 1 new share for every
Slide 22: Contact
Contact Ian Pringle, MD, Broken Hill Prospecting Ltd Tel: +61 408 548 767 Email: ipringle@bhpl.biz Ian Spence, MD, Broken Hill Minerals Pty Ltd Tel: +61 437 880 455 Email: ianspence71@gmail.com Copi North to Wentworth road Broken Hill Prospecting Limited Level 14, 52 Phillip Street, Sydney Box 3486
Broken Hill Prospecting — Resources Investment Conference, Broken Hill 2015 on 6ix