Aguia Resources Limited · ASX:AGR
Aguia Resources — Investor Presentation (March 2017)
26 slides from Aguia Resources's investor presentation, Mar 7, 2017
Slide 1: March 2017 AGUIA Resources Limited
For personal use only March 2017 AGUIA Resources Limited ASX Code: AGR
Slide 2: Disclaimer
DISCLAIMER For personal use only This document has been prepared as a summary only, and does not contain all information about the Company’s assets and liabilities, financial position and performance, profits and losses, prospects and the rights and liabilities attaching to the Company’s securities.
Slide 3: AGUIA: A Brazilian Fertilizer Company
AGUIA: A Brazilian Fertilizer Company For personal use only Aguia Resources is focused on being the sole source of domestic phosphate supply to the fertilizer market in southern Brazil 74.7Mt JORC compliant resource (0.745Mt Measured, 15.07Mt Indicated and 58.9Mt Inferred) with average grade of
Slide 4: Global Agriculture Powerhouse
Global Agriculture Powerhouse In 30 years Brazil has transformed from a food importer to one of the world’s largest breadbaskets with For personal use only agriculture representing 20% of GDP and exports now totalling US$175bn per annum A national commitment to research, technology and introduct
Slide 5: The Growth Continues
The Growth Continues For personal use only The FAO predicts that the world’s population will World’s Largest Availability of Arable Land increase from 7 to 9 billion by 2050 400 Global grain output will have to increase by 50% 303 300 269 Hectares (million) and meat output will have to increase
Slide 6: Fastest Growing Fertilizer Market
Fastest Growing Fertilizer Market For personal use only With nutrient-poor soil and crops that require intensive fertilizer usage, Brazil is the world’s 3rd largest consumer of fertilizer, but accounts for only 4% of global fertilizer production Brazil currently imports 65% of its phosphate requ
Slide 7: Strategic Importance For Local Market
Strategic Importance For Local Market For personal use only Southern Brazil’s agriculture sector is completely reliant on imports of phosphate Most imported rock is from North Africa with typical logistics costs of between $50-$70/t1 Aguia will have a sustained logistics cost advantage over im
Slide 8: 2017 Big Push Towards Production
2017 Big Push Towards Production In 2015, Aguia increased the Três Estradas JORC resource by 130%, finalized a PEA demonstrating the For personal use only economic viability of Três Estradas, refocused the Company under new management and institutionalized the shareholders base In 2016, Aguia Op
Slide 9: Mining Plan
Mining Plan For personal use only Open-pit truck and shovel operation mining Três Estradas 14 years life of mine 59 million tonnes of ROM mined with a strip ratio of 3.1:1 (waste to phosphate) ~50% increase in the mined tonnes compared to 2015 mining model 9
Slide 10: Bankable Feasibility Study
Bankable Feasibility Study For personal use only Bankable Feasibility Underway Mining engineer Guilherme Jacome joins Aguia to lead BFS Millcreek Mining Group selected to oversee BFS report Supported by local Brazilian engineering firm (ECM) that has participated in construction of almost ever
Slide 11: Bankable Feasibility & Trade Off Studies
Bankable Feasibility & Trade Off Studies For personal use only Optimization of mining plan Footprint minimization Scale, Capex, Opex Power consumption minimization Optimization of water balance Calcite market expansion Opex & Capex optimization Cement, Aglime, DCP, Thermal. Figure
Slide 12: Rio Grande Do Sul: Três Estradas
Rio Grande Do Sul: Três Estradas For personal use only 74.7Mt JORC compliant resource with average grade of 4.13% P2O5: 0.745Mt Measured @ 4.42% P2O5 15.07Mt Indicated @ 4.75% P2O5 58.9Mt Inferred @ 3.97% P2O51 Current drilling converting inferred to M&I Mineralization expanding2 Sample
Slide 13: High-Grade Oxide Ore At Surface
High-Grade Oxide Ore At Surface For personal use only High-grade oxide material at surface Aguia is considering mining and stockpiling upfront and blending with fresh rock over LOM Mining method from surface is low-cost and simple: open cut with low strip ratio Shallow high- grade oxide from s
Slide 14: Phosphate Metallurgical Results
Phosphate Metallurgical Results Column flotation test work conducted by Eriez Floatation returned exceptional results for both fresh For personal use only and oxidized carbonatite, substantially improving on 2015 results that used conventional mechanical flotation1 Test work shows oxide ore can
Slide 15: Processing Plant
Processing Plant For personal use only The processing plant will include a primary crusher, SAG mill and a sequence of rougher-cleaner-cleaner- scavenger column flotation Production will be a 30 to 31% P2O5 concentrate Tailings of the phosphate rougher flotation will be subject to magnetic sep
Slide 16: High Quality Calcite By-Product
High Quality Calcite By-Product Metallurgical studies conducted by Eriez Flotation For personal use only Division confirm a high quality calcite by-product suitable for aglime can be produced from the Três Estradas deposit1 From the rougher tailings of the phosphate flotation, a calcite concentr
Slide 17: Três Estradas Photos
Três Estradas Photos For personal use only Photos clockwise from top left: Rolling countryside around Três Estradas; phosphate mineralization at surface; railway line that goes through the property; Yara’s facility at port of Rio Grande; TIMAC’s 17 facility at port of Rio Grande
Slide 18: Rio Grande Do Sul Belt Consolidation
Rio Grande Do Sul Belt Consolidation For personal use only Adjacent targets being explored in a effort to expand the regional resource Option signed on 4,500 ha Terra Santa located adjacent to Três Estradas, expanding footprint by 30% Initial exploration underway in a zone where up to 11.57% P
Slide 19: Path to Production
Path to Production For personal use only Key Q4 2016 Q1 2017 Q2 2017 Q3 2017 Q4 2017 2018 Milestones Exploration & Drilling Resource conversion drilling @TE to M&I Ongoing exploration & analysis of new claims Column Column Flotation Pilot Plant Metallurgy flotation test work for TE Program PEA
Slide 20: Experienced Board & Management
Experienced Board & Management For personal use only Justin Reid, Managing Director Paul Pint, Executive Chairman Geologist and capital markets executive with over 20 years Mr. Pint, is a capital markets professional with over 20 years of experience in experience focused exclusively in the mineral r
Slide 21: Capital Structure & Financing Activities
Capital Structure & Financing Activities Fully Diluted Equity AGR Performance For personal use only Ordinary Shares issued 451.8m Options 18m Fully Diluted 469.8m Undiluted Market Cap at A$0.09 $40.7m (6 March 2017) Fully Diluted Market Cap at A$0.09 $42.3m Cash at 1 February 2017 A$5m Average Daily
Slide 22: Thank You
For personal use only THANK YOU
Slide 23: Competent Persons Statement
Competent Persons Statement For personal use only The Três Estradas Phosphate Project has a current JORC compliant inferred and indicated mineral resource of 74.7 Mt which includes Measured Resources of 0.745 Mt grading 4.42% P2O5. Indicated Resources of 15.07 Mt @ 4.75% P2O5 and Inferred Resources
Slide 24: Enquiries
For personal use only Enquiries: Registered Office Head Office Suite 4, Level 9, 341 George Rua Antonio de Justin Reid, Executive, Managing Director Street, Sydney NSW 2000, Albuquerque, 156 jreid@aguiaresources.com.au Australia 15º andar - Funcionarios +612 9299 9690 Belo Horizonte – MG, Brazil Cat
Slide 25: Três Estradas Mineral Resource
Três Estradas Mineral Resource For personal use only CaO as Resource Tonnage P2O5 CaO P2O5 as Domain Calcite Classification (T X 1,000) (%) (%) Apatite (%) (%) WMCBT 204 5.23 35.58 12.38 63.68 Measured MCBT 541 4.11 34.44 9.75 61.63 Total Measured Resources 745 4.42 34.75 10.47 62.19 Total pit-con
Slide 26: Process Flowsheet
Process Flowsheet For personal use only 2 11 Crusher Product - Mill Feed Apatite NaOH & Starch Concentration Collector Circuit 1 4 8 10 5 12 6 R C1 C2 13 LIMS Magnetic Fraction 3 14 17 19 7 9 16 20 LIMS Magnetic Fraction 15 WHIMS Magnetic Fraction S 21 18 22 MIMS Magnetic Fraction Phosphate Concentr