New Age Exploration Limited · ASX:NAE
New Age Exploration — Mines and Money December 2013
11 slides from New Age Exploration's conference presentation, Dec 3, 2013
Slide 1: Lochinvar Coking Coal Project
Lochinvar Coking Coal Project For personal use only “A New Age of coking coal for the UK” Mines and Money December 2013 ASX : NAE
Slide 2: Disclaimer – Competent Persons Statement
Disclaimer Competent Persons Statement - Lochinvar For personal use only Resources: The Resources estimate is based on information compiled by Dr John Bamberry, who is a Member of the Australasian Institute of Geoscientists (Member No. 4090). Dr Bamberry is General Manager of Geological Services of
Slide 3: Company Summary
Company Summary ASX Code : NAE Gary Fietz - Managing Director For personal use only Geologist with 25+ years experience in exploration, business development and project Share Price : A$0.042 (30 November 2013) evaluation. Previously VP Iron Ore Business Development with BHP Billiton. Ordinary Shares
Slide 4: Lochinvar – A Unique Coking Coal Project
Lochinvar – A Unique Coking Coal Project A major undeveloped resource, with low capital intensity, in a For personal use only prime location… Position • 100% ownership, UK advantage Platform • 112Mt Inferred Resource • Potential long life underground mine Product • Attractive low ash coking coal Pro
Slide 5: Position – United Kingdom
Position – United Kingdom • Undeveloped coalfield For personal use only • Licence granted 2012 (100% NAE) • Attractive investment destination: Low risk Low cost structure • Supportive landowners, local and national (Scottish) government N • Aiming to be first major United Kingdom Australia new u
Slide 6: Platform – Initial Inferred Resource 112Mt
Platform – Initial Inferred Resource 112Mt Inferred Exploration For personal use only Coal Seam Resource Target (Mt)1 (Mt)2 Nine Foot 78 6 – 10 Six Foot 34 7 – 13 Five Foot - 15 – 24 Total 112 28 – 47 • 8 historic NCB holes + 4 holes drilled by NAE in 2013 • Over 100km seismic lines • Within accepte
Slide 7: Platform – Nine Foot Seam Depth Profile
Platform – Nine Foot Seam Depth Profile • Attractive depth, dip (average 7o) and seam thickness (1.5 -2.2m) for underground mining For personal use only • Initial planning indicates workable mining panels between known faults • Shallow coal - 66Mt Inferred Resource from 180m to 500m depth 7 7
Slide 8: Product – Low Ash Coking Coal
Product – Low Ash Coking Coal Clean Coal Analysis (Air Dried Basis) For personal use only Hole Clean Coal Inherent Ash Volatile Sulphur CSN Phos. Gieseler Calorific RoMax Yield1 Moisture Matter Max Value Fluidity % % % % % % DDPM Kcal/kg % LCL-004 Nine Foot 89 3.2 3.1 33.8 1.26 7.0 0.003 TBA 7,951 T
Slide 9: Proximity – UK and Western Europe
Proximity – UK and Western Europe • Adjacent rail with connections to UK steel mills, For personal use only coke plants and export ports 2012 Coking Coal Imports: • UK 4.8Mt • West Europe 22.9Mt • Total 27.7M 2012 Suppliers to UK and Western Europe: • Australia 40% • USA 38% • Other 22% Proximity to
Slide 10: Program
Program For personal use only • Second phase of drilling to commence in early January – Converting inferred to indicated resource • Scoping study commenced – delivery in mid 2014 10
Slide 11: Lochinvar Coking Coal Project – Contact
Lochinvar Coking Coal Project For personal use only “A New Age of coking coal for the UK” Gary Fietz, Managing Director New Age Exploration Limited Telephone: + 61 3 9620 9931 Email: [email protected] Web: www.nae.net.au