Sparton Resources Inc. · TSXV:SRI
Sparton Resources — International Flow Battery Forum 2014
29 slides from Sparton Resources's conference presentation, July 2014
Slide 1: VanSpar: Xiushui Vanadium Region, Jiangxi, China
VanSpar 斯帕顿钒业 XIUSHUI VANADIUM REGION JIANGXI, CHINA LONG TERM, HIGH QUALITY VANADIUM RESOURCES FOR THE FLOW BATTERY INDUSTRY International Flow Battery Forum - July 2014 VanSpar Mining Inc. a subsidiary of
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation contains “forward-looking statements”, within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of
Slide 3: Cautionary Statement
CAUTIONARY STATEMENT •It should be noted that the resources quoted here are only compliant as “Historical Estimates” under Canadian Securities Policy NI 43 -101 and include estimates from comprehensive data available to VanSpar from work done by PRC Licensed Exploration Organizations engaged by the
Slide 4: Vanadium
VanSpar 斯帕顿钒业 VANADIUM Barrack Obama recently championed “multi-megawatt vanadium redox fuel cells” for mass-storage batteries as “one of the coolest things I’ve ever said out loud” (Cleveland, Feb 2011) USES: Steel Industry & Alloys 85% Major growth opportunities in large storage batteries for sola
Slide 5: Advantages of Vanadium Redox Batteries vs. Lithium Batteries
Advantages of Vanadium Redox Batteries vs. Lithium Batteries VANADIUM LITHIUM Redox Number of Cycles 35,000+ (35-50 yrs) 300 (3-5 yrs) Low Self-discharge √ X Low Environmental Footprint √ X Highly Expandable √ X Generates Low Levels of Heat ***** √ X Charges and Discharges Simultaneously √ X Can Rel
Slide 6: Major Vanadium Sources
MAJOR VANADIUM SOURCES Where does your Vanadium(V) come from? HIGH V MAGNETITE IRON ORES (V is usually co-product, with Fe ore) South Africa, Russia, China, Brazil, Australia (mostly Ferro V production) HIGH V URANIUM ORES (by-product, depends on U production) USA, Africa, France, China, etc.
Slide 7: Cost Factors
COST FACTORS What Contributes to the Cost of Your V? LENGTH OF SUPPLY CHAIN SOURCE TO CUSTOMER Intermediate Processing or in-house Refining and Processing? RAW ORE MINE PROCESS REMOVE V2O5 Refine V2O5 Convert to Required V Compounds Produce Battery Compounds or Electrolyte ADJUST CHEMISTRY OF
Slide 8: Price of V2O5
PRICE OF V2O5 Currently Dominated by Steel Industry Supply - Demand - Trading COST VARIABLES OF VANADIUM (V2O5) PRODUCTION GRADE OF DEPOSITS - Variable 0.2 to +2% V2O5 PRIMARY or CO-PRODUCT or BY-PRODUCT PRODUCTION MINING COSTS - Variable with type of deposit, location, infrastructure, power,
Slide 9: Cost Advantages of Xiushui Area and Its Deposit Types
WHY COST ADVANTAGES OF XIUSHUI AREA AND ITS DEPOSIT TYPES Large High Grade Primary Deposits - Average 0.9% V205 - up to +2% V2O5 locally, low impurities Known Resources in only 3 areas with detailed evaluation - over 670,000 tonnes V2O5 defined - only 30% of area evaluated in detail Partially
Slide 10: Cost Advantages of Xiushui Area Cont'd
COST ADVANTAGES OF XIUSHUI AREA Cont’d Clean, efficient, patented process technology + 85% recoveries, + 99.7% V2O5 Low levels of V battery impurities in raw V ore, hence low levels in V2O5 Direct V battery electrolyte production possible Potential co-product revenue to subsidize V productio
Slide 11: New Patents for Clean Vanadium Extraction Technology
NEW PATENTS FOR CLEAN VANADIUM EXTRACTION TECHNOLOGY
Slide 12: Xiushui Vanadium Area Location
XIUSHUI VANADIUM AREA LOCATION FORWARD LOOKING STATEMENTS 200 KM
Slide 13: Several Area V Deposits: 670,000 Tonnes V2O5
D E Infrastructure Center C A B SEVERAL AREA V DEPOSITS –A+B+C= 670,000 TONNES V2O5 Government Mandate to Consolidate Vanadium Production in Area
Slide 14: Stone Coal Vanadium Mineralization
“STONE COAL” VANADIUM MINERALIZATION 0.93% V2O5 / 10 METRES 15% FREE CARBON
Slide 15: Pits Developed for Stone Coal Mining
PITS DEVELOPED FOR STONE COAL MINING 5-7 DEG. DIPS 25 metres PARTIALLY DEVELOPED FOR VANADIUM MINING
Slide 16: High Grade Oxidized Vanadium Rich Zones Easily Processed
HIGH GRADE OXIDIZED VANADIUM RICH ZONES EASILY PROCESSED 1 - 2% V2O5
Slide 17: Detailed Database - Surface and Drilling Results
DETAILED DATABASE - SURFACE AND DRILLING RESULTS 1.3% V2O5 / 5 METRES
Slide 18: Several Areas with Detailed Drilling
SEVERAL AREAS WITH DETAILED DRILLING
Slide 19: 1.08% V2O5, 18 g/t Ag, 0.42% Zn over 5 Metres
1.08% V205, 18 g/t Ag, 0.42% Zn / 5 METRES DDH 03-11 45M
Slide 20: 1.1% V2O5 over 28 Metres
0.32% Zn 1.1% V2O5 OVER 28 OVER 28 METRES METRES
Slide 21: 0.90% V2O5 over 12 Metres
0.90% V2O5 OVER 12 METRES 0.30% Zn OVER 24.3 METRES 11.5 G/T Ag OVER 24.3 METRES 0.83% V205 OVER 8.5 METRES
Slide 22: Partial Resources Summary Xiushui Area Vanadium
PARTIAL “RESOURCES” SUMMARY XIUSHUI AREA VANADIUM NON- NI 43-101 COMPLIANT A 18.2M tonnes @ 0.820% V2O5, (0.5% V2O5 cut off) 170,000 tonnes V2O5 B 35.7M tonnes @0.91% V2O5, (0.7% V2O5 cut off) 350,000 tonnes V2O5 C ~15M tonnes @ 0.90% V2O5, (0.5% V2O5 cut off) 150,000 tonnes V2O5 TOTAL + 670,000 TON
Slide 23: Grade Thickness Contours
GRADE THICKNESS CONTOURS CROSS SECTIONS Area A Area B Vanadium Project Area B
Slide 24: Flat Lying, Easily Mined Zones
FLAT LYING, EASILY MINED ZONES
Slide 25: Available Vanadium Processing Plant
AVAILABLE VANADIUM PROCESSING PLANT NEW IN 2010
Slide 26: Processing Plant Equipment
COOLING KILN WATER MIX PRIMARY CRUSHER FEED TO ROASTER ROASTING KILN CHLORINE RECOVERY SYSTEM ORE STORAGE
Slide 27: Cost Competitive Summary
COST COMPETITIVE SUMMARY WHY XIUSHUI AREA VANADIUM DEPOSITS? World Class PRIMARY Vanadium Deposits. Very Large Resources, Above Average Grade Low Content of Impurities Patented, Clean Metallurgical Processing Developed Low Environmental Impact, Recyclable Waste Established Infrastructure,
Slide 28: Conclusions
CONCLUSIONS FUTURE PRODUCTION OF VANADIUM FROM THE XIUSHUI AREA CAN RESULT IN: Stable, Long Term Supply of Vanadium Products Lower Cost, High Quality Vanadium Products Possible Vertical Integration for End Product Users of Vanadium
Slide 29: For Further Information
FOR FURTHER INFORMATION: 更多信息请联系： Lee Barker Tel：+1 – 416-716-5762 Email: info@spartonres.com Richard Williams Tel : +1-416-364-3123 Email: blackwell@tcn.net Charles (Qiming) Ge Tel: +86-18670107777 Email: charlesge@vip.163.com A SUBSIDIARY OF SPARTON RESOURCES INC.
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