Australian Silica Quartz Group Limited · ASX:ASQ
Australian Silica Quartz — Bauxite Resources — Mines & Money Hong Kong 2012
18 slides from Australian Silica Quartz's conference presentation, Mar 22, 2012
Slide 1: Mines & Money Conference Hong Kong 21-22 March 2012
Mines & Money Conference Hong Kong 21-22 March 2012 1
Slide 2: Forward Looking Statements
Forward Looking Statements No representation or warranty, express or implied, is made by Bauxite Resources Ltd that the material contained in this presentation will be achieved or prove to be correct. Except for statutory liability which cannot be excluded, each of Bauxite Resources Ltd, its officer
Slide 3: Company Profile
Company Profile Stock Code: BAU Company Profile Ordinary 235m Options 25m Market Cap $32.9m (01/03/12) Bank Debt $0 Current cash $50.6m (31/12/11) Scott Donaldson CEO & Executive Director Barry Carbon AM Chairman 3
Slide 4: Experienced Leadership Team
Experienced Leadership Team Barry Carbon AM – Chairman John Sibly – Director Past CEO of Western Australian Environmental Highly respected mining executive with Protection Agency, past Chairman of the Waste expertise in the bauxite alumina industries. Authority of Western Australia. Past President o
Slide 5: Darling Range, WA Tenements
Darling Range, WA Tenements • ~24,000 km2 tenement area • 57 ELs granted, covering 13,000km2 • 59 ELs pending • 150 landowner have signed exploration access agreements covering 352 properties • Two established joint ventures • 51.2Mt bauxite resource @ 41.1% Total Al2O3, 30.1% Available Al2O3, 3.9%
Slide 6: Darling Range Prospectivity
Darling Range Prospectivity • Existing JVs agreements only cover bauxite rights on BRL tenements • Ability for BRL to exploit other mineral opportunities • Tenements largely under explored by modern methods • Historic mining operations in region include Boddington Gold Mine, Collie coalfields & Gree
Slide 7: Priority Minerals
Priority Minerals • Bauxite – established bauxite production region with BRL current holder of an interest ~51MT of bauxite resource. * • Gold - numerous historic gold occurrences through the Darling Range, Boddington Gold mine reopened in 2010 • Iron Ore – First historic iron ore production in WA w
Slide 8: Darling Range bauxite Joint Ventures
Darling Range bauxite Joint Ventures 1. Bauxite Alumina Joint Venture (BAJV) with Yankuang Resources (YK) • Bauxite and Alumina rights only – BRL retains 100% other mineral rights • YK to fund 70% of all bauxite exploration costs for 70% bauxite rights • YK will fund 90% of alumina refinery feasibil
Slide 9: Darling Range bauxite Joint Ventures
Darling Range bauxite Joint Ventures 2. Shandong # 1 Institute of Geology & Minerals Exploration (Shandong ) • Bauxite rights only – BRL retain 100% of other mineral rights • Agreement covers 1,000km2 in Darling Range • Shandong fund 100% of exploration and Feasibility Costs(FS) • Once successful co
Slide 10: Global Aluminium market
Global Aluminium market • Growing demand for aluminium • Projected 20Mt increase in new aluminium production in 10 years • Requiring 40Mt increase in alumina production • Meaning ~100Mt of new bauxite production within next 10 years Source: International Aluminium Institute 10
Slide 11: Why Bauxite/Alumina?
Why Bauxite/Alumina? • Extensive tenement base • Premium product and superior bauxite resource potential • Established bauxite mining & alumina refining industry in region • Skilled local labour force • Established export routes • Existing Infrastructure to support new industry • Established JVs for
Slide 12: 2011 progress
2011 progress December 2010 December 2011 Increase in cash $50M $50.6M Increase in bauxite resource 18.2Mt 51.2Mt (Note 1) Inferred Inferred & Indicated Increase in granted Exploration 13 53 Licences (Darling Range) Increase in properties with 213 352 exploration access agreements Increase in explor
Slide 13: Total Bauxite Resource for north Darling Range (Nov 2011)
Total Bauxite Resource for north Darling Range (Nov 2011) 1: BRL retain 30% of bauxite rights and 100% of all other minerals 2: Shandong can earn up to 60% of bauxite rights upon completion of a BFS leading to a decision to mine. BAU retain 100% of all other minerals. *Differences due to rounding 13
Slide 14: Other Business Opportunities
Other Business Opportunities • Potential asset quality across a range of tenements – moving towards diversification • Significant exploration potential throughout all tenements including Kimberley tenements • Strong growth forecast in core bauxite/alumina JVs • Robust balance sheet to fund future pr
Slide 15: Longer term business opportunities Kimberley tenements
Longer term business opportunities Kimberley tenements • ~5,200km2 tenement area • 5 Exploration Licences granted with 8 in application • Seeking Joint Venture partners • Aerial survey completed and desktop study progressing • Prospectivity for gold, diamonds, base metals as well as bauxite within B
Slide 16: Summary
Summary • Looking to build on success of 2011 • Strong Cash Position • Bauxite JORC Resources increasing • 55% of tenement holdings now granted covering half of total tenement area • 150 property owners have agreements to explore for bauxite • Projected strong long term market expectations for bauxi
Slide 17: Bauxite Resources Ltd Mines & Money Hong Kong 21-22 March 2012
BAUXITE RESOURCES LTD MINES & MONEY HONG KONG 21-22 MARCH 2012 17
Slide 18: JORC List of Assessment and Reporting Criteria
JORC List of Assessment and Reporting Criteria ‘Sampling Techniques and Data Estimation and Reporting of Mineral Resources ‘Sampling techniques | Vacuum samples were collected as 0.5m samples using a twin riffle splitter Drilling techniques All driling is vacuum using a 4mm drill bit Drill sample re