POZ Minerals — Investor Presentation (December 2017)
19 slides from POZ Minerals's investor presentation, December 2017
Slide 1: Australia's Next Diamond Producer
Australia’s Next Diamond Producer Blina Diamond Project, West Kimberley, WA: Targeting high grade diamond production from proven alluvial channels using new bedrock mapping technology ASX Code: POZ 8.4 carat Fancy Yellow diamond Investor Presentation from the Blina Project December 2017
Slide 2: POZ Minerals Limited (ASX Code – POZ)
POZ Mineral Limited (ASX Code – POZ) Board Of Directors Total Shares on Issue 167,168,333 Market Capitalisation (undiluted at $0.05 per share) $8.0 M Cash on Hand (30 September 2017) $1.8 M Major Shareholders Shares % of Capital Jim Richards 35,016,401 20.9 Other Directors 13,134,999 7.9 Executive C
Slide 3: Peer Comparison
Peer Comparison Market capitalisation shows POZ as undervalued within peer group Company Stock Exchange Diamond Operations Location Market Cap & Code A$ million Lucapa Diamond Company ASX: LOM Mining/Development Angola/Lesotho 95 Newfield Resources Limited ASX: NWF Bulk Sampling Sierra Leone 66 Kenn
Slide 4: Blina Diamond Project, WA: Location
Blina Diamond Project, WA: Location Excellent access,120km west of Derby, WA. Gibb River Road sealed nearly all the way to project turn-off, then good laterite road to project camp site 4
Slide 5: Previous Work: Trial Mining of Terrace 5
Previous Work: Trial Mining of Terrace 5 • Trial mining in 2005/06 produced 1,432 carats from 40,613 cubic metres at a grade of 3.53 carats per hundred cubic metres (cphm3) • Previous bulk sampling and trial mining covered only 0.5% of Terrace 5 • High grade trap sites might cover just 3% of Terrace
Slide 6: Blina Terrace 5 Diamond Valuation
Blina Terrace 5 Diamond Valuation A recent independent valuation of a 1,497 carat parcel of diamonds from Terrace 5 stated: • The overall parcel valuation was US$389 per carat (A$505 per carat) • The Fancy Yellow component was valued at US$3,391 per carat (A$4,403 per carat) Terrace 5 diamonds. All
Slide 7: Terrace 5 Diamond Source – Eroded E9 Pipe
Terrace 5 Diamond Source – Eroded E9 Pipe Eroded E9 pipe has liberated diamonds which have ended up in the Terrace 5 alluvials 7
Slide 8: 'Missing Diamonds' of Ellendale
‘Missing Diamonds’ of Ellendale Ancient surface levels indicate 40 to 76 metres of erosion from E9 pipe 8
Slide 9: Terrace 5 Alluvials - JORC Exploration Target
Terrace 5 Alluvials - JORC Exploration Target Target amount of ‘Missing Diamonds’ in Terrace 5 estimated from the erosion of E9 The potential quantity and grade of this Exploration Target is conceptual in nature, there has been insufficient exploration to estimate a Mineral Resource and it is uncert
Slide 10: The Target: High Grade Diamond Trap Sites
The Target: High Grade Diamond Trap Sites How potholes concentrate diamonds Auchas Diamond Mine, Namibia: Pothole sequence Boulder field trap site Target gravels in a pothole Jim Richards, mining diamonds from potholes in Guyana, 1991 10
Slide 11: The Target: High Grade Diamond Trap Sites
The Target: High Grade Diamond Trap Sites Cuango River Diamond Rush, Angola,1992. High grade trap sites (centre of photo) 11
Slide 12: Using Ground Penetrating Radar (GPR) to Discover High Grade Trap Sites at Blina
Using Ground Penetrating Radar (GPR) to Discover High Grade Trap Sites at Blina 2002 2017 Old GPR Technology: New GPR Technology: • Compare GPR last used at Previous Blina Survey POZ Minerals Survey Blina in 2002 with latest POZ GPR survey data in 2017 • New rapid GPR data acquisition rates fixes pr
Slide 13: 9 x New 'High Grade' Trap Site Targets
9 x New ‘High Grade’ Trap Site Targets Untested ‘High Grade’ targets within ‘Low Grade’ channels • Nine untested ‘High Grade’ targets from GPR work • Area of 28 hectares • ‘High Grade’ targets sit within two ‘Low Grade’ Channels (1 & 2) • Four bulk samples from the ‘Low Grade’ channels returned 4.1
Slide 14: Untested 'High Grade' Targets 2, 3 & 4
Untested ‘High Grade’ Targets 2, 3 &4 When the GPR is run from a different direction over the same target (below), you get the same result 14
Slide 15: Untested High Grade Targets 5, 7 & 8
Untested High Grade Targets 5, 7 & 8 Previously sampled grades of up to 10.5 cphm3 lie close to POZ untested ‘High Grade Targets’ 15
Slide 16: Historic Mining Agreement with Bunuba People
Historic Mining Agreement with Bunuba People • Recent historic Mining Agreement with the Bunuba Dawangarri Aboriginal Corporation (‘Bunuba’), the Traditional Owners for the main part of the Blina Diamond Project area • This Agreement has allowed the grant of Mining Leases M04/466 and M04/467 which a
Slide 17: Project Milestones
Project Milestones Activities to commence operations in 2018 are well underway Achievements So Far Historic mining Agreement with Bunuba Dawangarri Aboriginal Corporation Grant of four Mining Tenements and two Miscellaneous Licenses Blina Project, Terrace 5, independent diamond valuation Fau
Slide 18: POZ Minerals Limited (ASX: POZ)
POZ Minerals Limited (ASX: POZ) Australia’s Next Diamond Producer Contact Details: Jim Richards – Executive Chairman +61 8 9422 9503 16 Ord Street, West Perth, WA 6005 Email – [email protected] www.pozminerals.com.au 18
Slide 19: Disclaimer
Disclaimer This presentation is an overview of the Company prepared with good intention. It is not a prospectus and offers no securities for subscription or sale in any jurisdiction, nor a securities recommendation. All information necessary for investment decisions is not contained herein and inves