King River Resources Limited · ASX:KRR
King River Resources — Investor Presentation (February 2020)
16 slides from King River Resources's investor presentation, Feb 20, 2020
Slide 1: Australia's largest deposit of Specialty Metals
1 Australia’s largest ASX / KRR deposit of Specialty February 2020 Metals King River Resources Speewah Specialty Metals (SSM) PREFEASIBILITY STUDY project planning is well advanced with a process route UNDERWAY incorporating sulphuric acid leaching in heated tanks and refining to initially produce h
Slide 2: Overview of HPA ambition
2 Overview of HPA ambition KRR engaged Como Engineers to scope several processing options and is now assisting in preparing a Prefeasibility Study (PFS) for expected release late March 2020. Current focus is to design a modest sized project that minimizes Capex whilst retaining attractive margins. T
Slide 3: Prefeasibility Study for late March 2020
3 Prefeasibility Study for late March 2020 The study will include estimates of Capital Expenditure (CAPEX) and Operating Expenditure (OPEX), including breakdowns of the costs of beneficiation, a leach and metal recovery processing facility and the acid contact and regeneration plant required for sul
Slide 4: Overseas processing potential
Fox Slides 4 Overseas processing potential The assumptions surrounding the PFS will be based around a project located in the Eastern Kimberley, of northern Western Australia. The next progressive step of this project will be a Definitive Feasibility Study (DFS) that will involve larger scale pilot s
Slide 5: Example of heated agitated tank leaching plant
5 Example of heated agitated tank leaching plant
Slide 6: High Purity Alumina process breakthrough
6 High Purity Alumina process breakthrough In November 2019, KRR made a breakthrough extracting aluminium (Al) directly from the V, Ti, Fe, Al and Mg rich sulphuric acid leach solution as the first precipitation product (KRR ASX release 26 November 2019). This process development resulted from inves
Slide 7: Project Location
7 Project Location Nearby infrastructure includes sealed major highway, Wyndham Port, Ord River Dam and hydro electric project, Kununurra skilled workforce and industry involved with servicing the Argyle Diamond Mine. This project is ~110 kilometres southwest of Kununurra
Slide 8: 4.7 billion tonne JORC resource
8 4.7 billion tonne JORC resource Vanadium resource estimates by CSA Global Pty Ltd, an ERM Group Company (refer ASX announcements 2 April 2019 and 6 November 2019, and Resource Statements in Tables 1 and 2 on Slide 14). Measured, Indicated and Inferred Mineral Resource, reported at a 0.23% V2O5 cut
Slide 9: Flat lying geometry: Conceptual pit shell
9 Flat lying geometry: Conceptual pit shell Flat lying geometry of magnetite gabbro outcropping in the West in the Central deposit. The flat lying nature of the Speewah mineralisation presents the opportunity to mine with minimum waste. An earlier study by CSA Global modelled a preliminary pit shell
Slide 10: Specialty metals project summary
10 Specialty metals project summary The conceptual PFS project plan can be summarised as follows: 1. Open pit mining The current plan is to mine the flat lying mineralisation of the Central deposit. The head grade feed, based on an earlier unrestricted mine study, should assay: 0.31% V2O5, 3.37% TiO
Slide 11: Corporate Overview
11 Corporate Overview ASX CODE ASX OPTIONS (exc. 12 cents 30/7/20) KRR ~413 million SHARE PRICE (17/2/2020) UNLISTED OPTIONS ~11.5 2.3 cents million ISSUES SHARED MARKET CAPITALISATION ~1.25 billion ~ $28.8 million
Slide 12: Board of Directors and Top Shareholders
12 Board of MR ANTHONY BARTON MR GREG MACMILLAN MR LEONID CHARUCKYJ Non Executive Chairman Non Executive Director Non Executive Director Directors Mr Barton has been involved in Mr MacMillan has wide ranging Mr Charuckyj has had extensive AND TOP founding and growing a number corporate, financial, c
Slide 13: World class mineral projects typically need?
13 World class mineral projects typically need? A unique orebody with a very long mine life, consistent grades amenable to the most modern day large scale mining methods Commodity/revenue diversification Economically viable process routes to produce high demand and high quality/purity products Leadi
Slide 14: Mineral Resource Estimates
14 A LU M I N A - VA N A D I U M - T I TA N I U M Table 1 (left): Speewah Project Global Mineral Resource estimate (at Mineral 0.23% V2O5 cut-off grade) Note: Vanadium Resources estimated under JORC 2012 Resource KRR ASX announcement 1 April 2019 Estimates Central Mineral Resource estimate, 0.23% V2
Slide 15: Important Notices
15 Note 1: Competent Persons Statement The information in this Presentation that relates to Exploration Results, Mineral Resources, Metallurgical Results and Studies is based on information compiled by Ken Rogers and fairly represents this information. Mr. Rogers is the Chief Geologist and an employ
Slide 16: Thank You
= THANK YOU = =
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