Premier African Minerals Ltd. · LSE:PREM
Premier African Minerals — Investor Presentation (February 2018)
32 slides from Premier African Minerals's investor presentation, February 2018
Slide 1: Developing High Value Tungsten and Lithium Assets
Developing High Value Tungsten and Lithium Assets FEBRUARY 2018
Slide 2: Disclaimer
Disclaimer The information contained in this document has been prepared based upon This Document should not be considered as the giving of investment advice by the information supplied by Premier African Minerals Limited “the Company”. This Company or any of its shareholders, directors, officers, ag
Slide 3: Premier African Minerals – Overview
Premier African Minerals – Overview Profile Strategy Key Projects Value AIM-listed mining and Expanding the Large Zulu Lithium & Tantalum Scoping Study exploration company Resource base at Zulu Project demonstrates a robust Lithium and Deliver a project with attractive Developing lithium, Feasibilit
Slide 4: Capital Structure
Capital Structure Daily Share Price 3 AIM Closing Price (pence) 2 1 0 52 Week Share Price Major Shareholders AIM 0.15-1.0p George Roach – 7.25% Capital Structure as of 22 February 2018 Share Price 0.22 pence Shares Outstanding 6,498,216,350 Average daily trading volumes Warrants/options 443,684,541
Slide 5: Board of Directors
Board of Directors Highly experienced Board with extensive experience in exploration, development and mining George Roach Extensive experience in natural resource business development in Africa. He has held positions in and/or initiated a number Chairman & CEO of start-up businesses listed on AIM an
Slide 6: Management Team
Management Team Extensive experience in natural resource business development in Africa. He has held positions in and/or initiated a George Roach number of start-up businesses listed on AIM and/or TSX-V. Other interests include Anglo African Agriculture and Agriminco Chairman & CEO Corp. A mining pr
Slide 7: Southern African Assets
Southern African Assets Tinde Project Fluorite & Barite Katete Project Rare Earths TCT (Catapu RHA Project Project) Tungsten Forestry & Limestone Globe Project Graphite Zulu Project Lithium & Tantalum FEBRUARY 2018 PREMIER AFRICAN MINERALS | AIM : PREM 7
Slide 8: Exploration Projects In Southern Africa
Exploration Projects In Southern Africa Project Mineral Geology Status Update / Potential Zulu Lithium & Two pegmatite zones totaling 3.5km in length Mineral Resource Estimate of 20.1 MT Project Tantalum with lithium oxide (Li₂O) grades up to 4.24%, grading 1.06% Li20. Initial Metallurgical tantalum
Slide 9: RHA Tungsten Project
RHA Tungsten Project Location Hwange Area, Zimbabwe Product Wolframite – (Fe,Mn) WO4 Concentrate Resource Underground Measured, Indicated and Inferred Resource of 1.325 million tonnes at composite grade of 4.72kg/t WO3 Open Pit Indicated and Inferred Resource of 19.565 million tonnes at 1.55 kg/t WO
Slide 10: RHA Tungsten Project
RHA Tungsten Project FEBRUARY 2018 PREMIER AFRICAN MINERALS | AIM : PREM 10
Slide 11: RHA Tungsten Project
RHA Tungsten Project High Grade Resource with upside potential 〉 Underground M+I*, and Inferred Resource of 1.325mt at 4.72kg/t WO3 〉 Open Pit Indicated & Inferred Resource of 20.882mt at 2.34kg/t WO3 Historic mining record 〉 1,919t WO3 concentrate between 1931 – 1979 RHA Plant 〉 Vertical shaft, num
Slide 12: Tungsten Market
Tungsten Market 〉 World’s hardest metal with the highest melting Forecast Global Primary Tungsten Consumption to 2018 point 〉 Tungsten is used in essential applications such as steel tools, cutting blades, military applications, alloys, lighting and electronics 〉 Strong demand growth - global tungst
Slide 13: Zulu Lithium Project
Zulu Lithium Project 〉 The Zulu Lithium and Tantalum Project covers 3.5km² and is located 80km east of Bulawayo 〉 Maiden Mineral Resource Estimate of 20.1 million tonnes of 1.06% Li₂O and 51 ppm Ta₂O₅ using a cut-off grade of 0.5% Li₂O and 7 million tonnes at 1.50% Li₂O using a cut-off grade of 1.1%
Slide 14: Zulu Lithium - Tantalum Project Compilation Map
1,000 metres Zulu Lithium - Tantalum Project Compilation Map, February 2018 LEGEND 2° Li Ta pegmatites, drill tested and proved Li Ta pegmatites in trenches/outcrops presumed continuation of Li Ta pegmatites area for MMI survey * ++ positions of DDHs, 2011, 2016 and 2017 sa New step-out zones with l
Slide 15: Zulu Lithium Project – Mineral Resource Estimate
Zulu Lithium Project – Mineral Resource Estimate 〉 Maiden Mineral Resource Estimate of 20.1 Category million tonnes of 1.06% Li₂O and 51 ppm Tonnes Grade Li₂0 Contained Ta₂O₅ using a cut-off grade of 0.5% Li₂O (millions) % Li₂0 in tonnes 〉 Containing 526,000 tonnes of Lithium Measured - - - Carbonat
Slide 16: Zulu Lithium Project – Metallurgical Testwork
Zulu Lithium Project – Metallurgical Testwork 〉 Metallurgical testwork was conducted by German based Dorfner Anzaplan 〉 Flotation testwork on spodumene pegmatite achieved a lithium recovery of 81.8% 〉 Flotation testwork on mixed pegmatite sample achieved a spodumene concentrate containing 5.9% Li₂0
Slide 17: Zulu Lithium Project – Scoping Study
Zulu Lithium Project – Scoping Study A ROBUST PROJECT WITH COMPELLING ECONOMICS Concentrate Sales Option Lithium Carbonate Plant Mine life 15 years Project life 15 years 84,000 tonnes of spodumene Target Annual Production 14,500 tonnes of Li₂CO₃ Target Annual Production concentrate and 32,500 tonnes
Slide 18: Drill Hole ZDD-45
Drill Hole ZDD-45 〉Intersected 40.58m containing an average grade of 1.56% Li₂0 in multiple intersections 〉 Including 0.95m at 4.24% Li₂0 〉ZDD-45 drilled 220m south-east of the Main Zone demonstrate the potential for an additional 60-80m tonnes in the Step Out Zones 〉An infill drilling programme is
Slide 19: Zulu – Global Significant Hardrock Lithium Resource
Zulu – Global Significant Hardrock Lithium Resource 180.00 2.00% 1.86% 160.00 156 140.00 136 1.48% 1.44% 128 1.50% 1.37% 1.40% 120.00 1.25% Resources Mllion Tonnes 1.18% 1.13% 100.00 1.06% 1.06% 1.07% Grade in % 1.02% 1.00% 1.00% 80.00 70 66 60.00 40 0.50% 37 37 40.00 20 20.00 12 10.8 10 1.2 0.00 0.
Slide 20: Circum Minerals Limited – Overview
Circum Minerals Limited – Overview 〉 5,010 million shares in Circum Minerals Limited (Circum) with a fair value of US$7.5 million 〉 Circum is a privately owned company, developing its 100% owned Danakil Potash Project, located in the Danakil Depression of Ethiopia. The Danakil project is one of the
Slide 21: Circum Minerals Limited – Overview
Circum Minerals Limited – Overview Danakil Project at a Glance Danakil Project Location Location Northern Ethiopia Ownership 100% Size 365 sq. km Production Target 2 Mtpa MOP, 0.75 Mtpa SOP Mining Solution mining Process Solar evaporation Initial Capital Costs US$2.3 billion US$1.8 billion due to ea
Slide 22: Danakil – a World-class Potash Project
Danakil – a Wold-class Potash Project Steady State Status of Company Resource Production Mine Licensing MCAP in Name Project Ownership In Mt in Mtpa Life Permitted Capex Opex USD Danakali Colluli 50% 1,289 0.4 200 years + • DFS US$300m SOP - US$255/t US$152m Limited (Eritrea) underway ASX | DKN • De
Slide 23: CASA Mining Limited – Overview
CASA Mining Limited – Overview 〉 3.9% interest in Casa Mining Limited (CASA) 〉 Casa is a privately owned exploration company with a 71% interest in the Misisi Project which comprises mining licenses over a 60km long exploration corridor with a number of highly prospective gold exploration targets. (
Slide 24: Investment Highlights
Investment Highlights 〉 Explored, Developed and built mid-size Tungsten mine in Zimbabwe 〉 RHA Tungsten Mine, potential to deliver for the long term 〉 Delineated a 20.1 million tonnes at 1.06% Li₂O Maiden Mineral Resource Estimate at Zulu – resource on only 1/3 of the strike length 〉 Metallurgical t
Slide 25: Appendix
Appendix FEBRUARY 2018 PREMIER AFRICAN MINERALS | AIM : PREM 25
Slide 26: Lithium Raw Materials
Lithium Raw Materials 〉 Lithium raw materials are the vital ingredient for lithium battery technology 〉 Lithium is sourced predominantly from: 〉 Hard-rock mining of spodumene deposits 〉 Extracting lithium from brine deposits 〉 Zimbabwe is the world’s 5th largest producer of lithium mineral concentra
Slide 27: Lithium Market
Lithium Market Lithium Supply / Demand Curves Source: Canaccord Genuity A sunny day in Shanghai 〉 Hardrock lithium minerals have a variety of 〉 Pollution has driven Government policies applications with traditional uses including towards “New Energy” ceramics, glass and greases 〉 Lithium carbonate p
Slide 28: Global Motor Vehicle Lithium Demand
Global Motor Vehicle Lithium Demand Global Electrical Vehicle Car Sales Forecast 〉 Tesla Series 3 to be released in 2017, retail price of US$36,000; 450,000 orders already placed 〉 Mercedes Benz releasing 12 new models of EV’s in 2017 〉 BMW i3 Series due for release in late 2017 in direct competitio
Slide 29: Potash Market
Potash Market Macro Themes • Population growth • 12bn people in 2050 • Rising Incomes • Diets are richer in proteins • Increased soya production for cattle feed. • Strong growth in Developing Markets • China, India, Brazil • China import growth Q1 y-o-y up 48% FEBRUARY 2018 PREMIER AFRICAN MINERALS
Slide 30: Mining in Zimbabwe
Mining in Zimbabwe 〉 Population 13 million 〉 Area 390,759 square km (150,873 square miles) 〉 GNI per capita US$820 per annum 〉 Major languages English (official), Shona, Sindebele 〉 Major religions: Christianity, indigenous beliefs 〉 Currency: multi-currency system; US$ & ZAR 〉 Government: Zimbabwe
Slide 31: Mining in Zimbabwe
Mining in Zimbabwe 〉 African mining country with > 100 years of modern mining history 〉 Last mining boom between 1995-2004 saw 98% of the country under reconnaissance, exploration or mining license 〉 Major companies that have operated in Zimbabwe, Rio Tinto, BHP, Anglo American, Falconbridge, Impala
Slide 32: Contact Information
Contact Information For additional information or enquiries, please contact: George Roach - Chairman & CEO [email protected] www.premierafricanminerals.com FEBRUARY 2018 PREMIER AFRICAN MINERALS | AIM : PREM 32
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