Voyageur Pharmaceuticals Ltd · TSXV:VM
Voyageur Pharmaceuticals — Voyageur Minerals — Investor Presentation (October 2017)
39 slides from Voyageur Pharmaceuticals's investor presentation, Oct 23, 2017
Slide 1: Voyageur Minerals Ltd: Focused on Critical & Strategic Minerals
VOYAGEUR MINERALS LTD FOCUSED ON CRITICAL & STRATEGIC MINERALS WWW.VOYAGEURMINERALS.CA
Slide 2: Forward looking statement
Forward looking statement • This presentation, its contents and any related oral presentations are confidential and the property of VIM Industrial Minerals Ltd. (“VIM” or the “Company”) and have been prepared by the Company solely for the use at the meeting where this document is presented and may n
Slide 3: Two Strategic Critical Minerals
Two Strategic Critical Minerals Barite (Ba) BaSO4 Lithium Chloride LiCl •High Grade: 99.5% BaSO4 & •LiCl is converted into Li2CO3, Industrial Grade: 4.3sg-4.47sg Lithium Carbonate or into LiOH- (sg = specific gravity, used as a measure of purity) H2O lithium hydroxide •High grade Industrial Ba is 10
Slide 4: Share Structure
Share Structure Issued and Outstanding 39,331,220 Fully Diluted 46,513,072
Slide 5: Voyageur Minerals: barite and lithium brine projects
➢Voyageur Minerals Ltd., VM: TSX-V Is developing near term cash flow on barite projects in BC, Canada and is actively exploring and developing lithium brine projects in Utah USA. ➢VM business plan is to immediately develop its advanced stage industrial grade barite deposit, Frances Creek, and create
Slide 6: New Canadian High Grade Barite Deposit Near Term Production
New Canadian High Grade Barite Deposit Near Term Production
Slide 7: Worldwide Barite Production Declining
The world production is in decline while the Worldwid largest demand driver of barite is increasing e BARITE BaritePRODUCTION DECLINING NATURAL GAS DEMAND INCREASING Shortage China (>42%), India (18%), totalling 60% 25% increase in USA demand near-term: 2012-2015 Chinese production declined 8%
Slide 8: China Will Become Largest Consumer of Barite by 2020
China Will Become Largest Consumer of Barite by 2020 Limiting World Exports China barite consumption is rapidly growing and by 2020 they will have limited exports for the North American and world markets. China shale gas drilling projected to consume 50% of Chinese barite consumption. Currentl
Slide 9: VM's Target Market: The Industrial Barite Market
VM`s Target Market: The Industrial Barite Market = Financial Diversification and Stability The Industrial Barite Market • Estimated imports of 400,000 metric tonnes per year into USA. (USGS) • Prices for Industrial-grade barite are at a premium due to the fact that high grade barite is very rare. •
Slide 10: Barite properties and industrial applications
• Crushing • Gravity Separation • Grinding • Dry Separation Barite (Barytes, Barium Sulfate) is the naturally occurring mineral form of barium Barite is ground into a fine powder and used in a sulphate. number of industrial applications. Pharmaceuticals Contrast Imaging Barite's main properties are
Slide 11: Industrial Production Economics per tonne of barite
Owning the only high grade industrial barite deposit in Canada will allow Voyageur to grow rapidly and produce cash flow. Industrial Production Economics CAN$ per tonne of recoverable barite • Sales Powder : $1,267 per metric tonne • Costs: $ 200 per metric tonne • Profit EBITA: $1,067 per metric to
Slide 12: Industrial Grade Barite Is Highly Profitable
INDUSTRIAL GRADE BARITE IS HIGHLY PROFITABLE Focussed marketing for industrial barite sales on the first three sectors: ➢ Pharmaceutical markets ➢ Barium Carbonate production ➢ Filler in paints and plastics ➢ Brake pads for the automotive industry ➢ Chemical industry ➢ Vehicle floor mats ➢ Copper Sm
Slide 13: No High Grade Industrial Barite Mines Remain in Canada or USA
No High Grade Industrial barite mines remain in Canada or USA ➢100% of high grade industrial barite is IMPORTED into North America. ➢Majority of foreign industrial grade barite requires an acid treatment to high grade the barite to +97% BaSO4, which is expensive. ➢Majority of barite grading over 97%
Slide 14: Mine Planning: Low volume required for long term mine life
Mine Planning: Low volume required for long term mine life ➢VM requires 120,000 metric tonnes of (barite) reserves for a 10 year mine life. A solid block of barite 100m long x 10m wide x 25m depth = +100,000 tonnes. ➢Voyageur is currently drilling the surface deposit to 50m and zone width is 20m. ➢V
Slide 15: Frances Creek, Pedley Mountain and Jubilee Mountain properties
Frances Creek 552.2 Ha ➢ 2,253 meters historical drilling and resource confirmed in 2017. ➢ 2017- 2000m drilling program on going and hitting 20m wide barite zones. ➢ 700m of strike on surface and a depth of 90m, open to depth and strike ➢ Drilling confirming wide zones of barite ➢ Voyageur stakes m
Slide 16: Frances Creek - Highest Grade Deposit In The World
Frances Creek - 99.5% BaSO4 Highest Grade Deposit In The World Current drilling confirms high grade wide zones of barite Confirming +20m wide zones of high grade barite Easily accessible ➢ Located 40km from Radium Hot Springs BC and easily accessible. 1,949m drilled in 2003 and 2005 ➢ 600m of stri
Slide 17: Independent Testing confirmed 99.5% BaSO4
Independent Testing confirmed 99.5% BaSO4 is Highest Grade Deposit in the World. • Current drill program has confirmed historical resource • All drill holes to date have intersected the zone • Average width of zone +20m • Voyageur has added additional claims along strike of the FC high grade deposit
Slide 18: 2017 Drill Program Highlights
2017 Drill Program Highlights Average width of the barite zone is 20.37m wide grading 30-40% barite in the zones Grade of the barite is 98% to +99% BaSO4 Frances Creek deposit is a world class high grade barite discovery Allows Voyageur to access multiple high end markets that currently purc
Slide 19: Moving Towards Production Frances Creek
Moving Towards Production Frances Creek 2017 drilling to tie in the two proven zones, expand reserves and produce NI-43-101 resource report. Mine feasibility study est. in Q2 2018 Mine construction est. Q3-Q4 2018. Production commencement est. Q2 2019 Cash flow to be used to fund further e
Slide 20: Pedley Mountain High-Grade Industrial Barite
“The Pedley Mountain barite- bearing structure is known to be 200m on strike, with a possible strike distance of 1,200m. It is also known to be 100m on dip, with sub- crops further down dip suggesting a total dip length of 150-200m. Consequently, the barite resource available at this prospect could
Slide 21: Pedley Mountain: Looking down strike on the vertical barite vein
Pedley Mountain: Looking down strike on the vertical high grade barite vein
Slide 22: Jubilee Mountain
Jubilee Mountain Discovered in 1997 ➢ Drilling from 1997 to 1998; 10,259m ➢ Multiple high grade barite veins visible on surface ➢ The mine produced a 40,000 metric tonne bulk sample Near Radium Hot Springs BC ➢ Accessible by paved highway and well - used logging roads
Slide 23: Lithium
LITHIUM “Lithium isn’t a bubble, it’s a fundamental change in energy usage” “Financial post.com” New Technology Allows Processing of Magnesium Rich Brines
Slide 24: Lithium is in a Long Term Bull Market
Lithium is in a Long Term Bull Market Research from Markets and Markets states that, “the increasing demand of energy-efficient, safe, and low-cost batteries is the key factor driving the growth of the lithium ion battery market. The market is estimated to grow at a CAGR of 16.6% between 2016 and 20
Slide 25: Lithium market commentary and demand forecasts
“Despite new brine projects in Argentina, the emergence of e- transport and later ESS makes the positive lithium cycle much longer than some anticipate. The bottom line is that supply will have a hard time keeping up with demand well into the next decade and perhaps beyond”Global Lithium LLC “The ma
Slide 26: Lithium King Property
Lithium King Property 1920 acres Average Surface Li Grade 215ppm (USGS) There are indications that the deeper brines are possibly geothermal flowing brines. Two faults cut across our claims creating permeable zones Objective is to drill 600m to 900m wells into the lower aquifers which are faul
Slide 27: Lithium King Project Play Concept Map
LITHIUM KING PROJECT PLAY CONCEPT MAP Faults rupture (mapped) Subsurface fault from Cook, etal,, 1964 Interpreted fault, ball/bar =downthrown side. Interpreted from structural relationships. Postulated zone of structurally controlled brine leakage into basin fil sediments from basement rocks - infer
Slide 28: Roberts' Rupture: Highest Grade Li Brine in USA
Roberts' Rupture Highest Grade Li Brine in USA In Q2 2016 VM acquires acreage in the prolific lithium rich Paradox basin located in Utah USA. Focussing on the high grade fault zone known as the Roberts’ Rupture. Historic fluid analysis from the immediate area range as high as 1,700 ppm lithium i
Slide 29: Joint Venture Agreement
Joint Venture Agreement Voyageur Minerals Ltd and Anson Resources Ltd Anson agrees to fund entire project to the post drilling phase to earn 70% of the working interest in the project in three stages. First stage 10% - payment $75,000 Second phase 40% - by defining the location(s) for one or m
Slide 30: Roberts' Rupture Is the Future For Low Cost USA Lithium Production
Roberts' Rupture Is the Future For Low Cost USA Lithium Production Roberts' Rupture is the controlling geologic feature responsible for the high grade brine concentrations and flow rates Latest seismic interpretation indicates the aquifer is intact at depth and trapped. Geology indicates grade
Slide 31: High Value Bi-Products
High Value Bi-Products The average concentration of Lithium, Iodine, Bromine, Boron and Magnesium in the brine samples from the Long Canyon #1 and the Roberts Brine Well, is comparable to the highest grades currently being produced at operating mines worldwide. WELL Lithium Bromine Boron Iodine Magn
Slide 32: Robust Potential Economics Per Well
Robust Potential Economics Per Well Li, Br, B, Mg, I Flowing at 10,000 bbl/day the potential combined cash flow per well is: @ 30% Recovery: US$78,332 per day ($ 28,591,180 / year) to $148,192 per day ($54,000,000 / year) @ 50% Recovery: US$130,554 per day ($47,652,210 / year) to $246,987
Slide 33: Multiple Li Production Zones
Multiple Li Production Zones Continuous Cycling of Li Zones Utilizing modern drilling techniques, one drill site may allow production from multiple Lithium Brine zones. Cycling through these zones may provide continuous high production rates. New advances in technology are available to process magne
Slide 34: Utah Hosts The Highest Grade Lithium Brine Waters In The USA
Utah Hosts The Highest Grade Lithium Brine Waters In The USA Voyageur is currently developing processing technology to concentrate and extract lithium from Utah lithium brines. Voyageur USA subsidiary Voyageur Inc is currently evaluating several other high grade lithium prospects in Utah. Will
Slide 35: Investment highlights
➢ VM Shareholders own the rights to the ULI Utah lithium project. Joint venture structured with no capital commitments until after the projects economics are proven ➢ VM Roberts Rupture Lithium Project is located in the sweet spot of the Utah lithium land rush ➢ VM is actively exploring for new lith
Slide 36: Executive Officers
Executive Officers Mr. John Rucci, President & CEO Bradley C Willis, P. Eng., Vice President Chairman of the Board and CEO John Rucci brings over Exploration 35 years of experience running public companies in the Mr. Willis has 30 years’ experience in the exploration and mining mining and oil & gas
Slide 37: Directors Officers
John M. Rucci, President & CEO, Chairman of the Board Mr. Rucci graduated from University of Calgary in 1977 with a Bachelor of Commerce degree. During the past 33 years Mr. Rucci has been involved with numerous public and private companies. He has been involved in many start- up companies, providin
Slide 38: Risk Factors
➢ As barite prices continue to rise more companies may begin exploration and new mines may come into production adding to supply which may lower prices in the long term. ➢ Geological risks may prove that the current barite deposits are not Risk economic after drilling is completed. Factors ➢ Politic
Slide 39: For more information please contact
For more information please contact: Mr. Steven R. Livingston Voyageur Minerals Ltd. VM:TSX.V + (403) 471-1658 Cell/Text + (587) 779-6166 Office + (403) 508-2670 Office Fax 1-877-262-5197 Toll-Free steve@voyageurminerals.ca Please sign up for updates and more information here: www.voyageurminerals.c
Voyageur Minerals — Investor Presentation (October 2017) on 6ix