Slide 1: Highfield Resources
Highfield 0) Resources
Slide 2: May 2012
For personal use only May 2012
Slide 3: McLarty Potash Project shows world class potential
For personal use only Highfield’s McLarty Potash Project shows world class potential displaying all necessary attributes required to translate discovered potash mineralisation into a low cost, high profit operating mine.
Slide 4: Disclaimer
For personal use only The information contained in this presentation This presentation includes certain ‘forward that relates to Exploration Results, Mineral looking statements’. All statements, other than Resources or Ore Resources is based on statements of historical fact, are forward looking info
Slide 5: Highfield Resources overview
For personal use only • Highfield Resources is a potash exploration and discovery company with an exceptional asset in the Kimberley region of Northern Western Australia. • A potash discovery is likely to deliver competitive operating costs relative to other major market participants. • Two robust t
Slide 6: Agenda
For personal use only 1 Company Overview 2 McLarty Potash Project 3 Potash 4 Management Team 5 Equity Structure 6 Summary
Slide 7: Summary
For personal use only 1. Potash exploration and discovery company. 2. Raised $4m and listed on the ASX in early 2012 (current market cap circa $10m). 3. Key project is the Company’s McLarty Potash Project located in the Kimberley region of Western Australia. 4. The Company has a farm in agreement to
Slide 8: Great Project Location
For personal use only Great Project Location • Project is located in the Canning Basin of Northern Western Australia. • The Canning Basin contains a thick salt sequence (Mallowa Salt) largely untested for Potash. • Potential ports – Broome and Derby. • Unparalleled access to Asian markets. • OECD Co
Slide 9: Largely Untested Evaporite Basin
For personal use only Largely Untested Evaporite Basin Salt layer is similar to other potash bearing evaporite sequences in: – Saskatchewan, CA – Sergipe, Brazil – Michigan, USA. Prospective because: – Extensive salt formation – Similar age – Potash present – Limited exploration – Analogous to Michi
Slide 10: Positive Signs from Previous Exploration
For personal use only Positive Signs from Previous Exploration Tenement package is ~70km x 35km and covers 1,900 km2. Fruitcake 1 intersected low levels of potash (25m at 1.83% K20). McLarty 1 intersected values of over 200ppm Br indicating potash precipitation occurred. Both Fruitcake 1 and McLarty
Slide 11: Top of salt – Shallow
For personal use only Top of salt – Shallow Both Fruitcake 1 and McLarty 1 intersected the salt layer at <700m depth. Shallow depth favourable for conventional potash mining or solution mining.
Slide 12: Thick Salt Layer
For personal use only Thick Salt Layer Interpretation of the salt layer from seismic data indicates salt thickness of between 500-700m. Major Potash deposits occur within thick salt sequences.
Slide 13: Salt Layer – Sub-Horizontal
For personal use only Salt Layer – Sub-Horizontal Interpretation of seismic data indicates minimal salt disturbance in the McLarty Sub Basin. This indicates that potash units are likely to be horizontal to gently dipping – optimal for potash extraction.
Slide 14: Targets identified ready for drill testing
For personal use only Targets identified ready for drill testing Target 1: Near sub-basin margin Top of Salt: ~700m Planned Depth: 1,400m. Target 2: Follow up of Fruitcake 1 in more favourable structural setting – less faulted Top of Salt: ~600m Planned depth: 1,100m.
Slide 15: Completing access arrangements and finalising drilling contractors
For personal use only Completing access arrangements and finalising drilling contractors • Access route to the targets have been identified along existing tracks. • Initial discussions with the Traditional Owners of the country have been positive. • Experienced drilling contractor identified and bri
Slide 16: What is Potash?
For personal use only What is Potash? The term potash is used to describe various minerals and chemicals valued primarily for their potassium content. The main source of potash is potassium chloride. Potash is a widely used nutrient fertiliser along with nitrogen and phosphorous. Fertiliser use acco
Slide 17: Role of potash in plants
For personal use only Its primary role in plants is to support and improve: • Plant growth; Sunflower • Water retention; • Nutrient value; • Enzyme activation; • Yield; • Taste; and • Disease resistance. N NP NPK Potash also helps the milk production process in animals.
Slide 18: Management team
For personal use only Jonathan Anthony Mark Scott Aaron Murray Hall Arundell Funston Bertolatti Chairman Managing Director Exploration Director Company Secretary Company Secretary LLB (Hons) BBus, LLB (Hons), BSc (Hons), BBus, CA, ACIS BCom, CA ACIS MEconGeol A lawyer with over 15 A chartered accoun
Slide 19: Management and Shareholders' interests strongly aligned
For personal use only Management and Shareholders’ interests strongly aligned Ordinary Shares on Issue: 44m Options with a strike price of 20c on issue: 6m Fully Diluted Market Capitalisation: $11m (based on share price of $0.20 17 May 2012).
Slide 20: Summary
For personal use only Potash Prospective Economic Strong Full Alignment Exploration Exploration Potash Management of Interests And Discovery Project Mineralisation Team with Company Potash Tightly held share The McLarty Any potash is likely register. Experience Highfield is a pure Potash project to
Slide 21: McLarty Potash Project shows world class potential
For personal use only Highfield’s McLarty Potash Project shows world class potential displaying all necessary attributes required to translate discovered potash mineralisation into a low cost, high profit operating mine.
Slide 22: For personal use only
For personal use only