American Rare Earths Ltd · ASX:ARR

American Rare Earths — Broken Hill Prospecting — Investor Presentation (May 2015)

21 slides from American Rare Earths's investor presentation, May 2015

  1. Slide 1: The Copi North and Magic HMS Deposits

    The Copi North and Magic HMS Deposits New development opportunities in the northern Murray Basin 1

  2. Slide 2: Cautionary Notes

    Cautionary Notes Disclaimer This presentation contains forward-looking statements that involve subjective judgement and analysis and accordingly, are subject to significant uncertainties and risks, many of which are outside the control of, and are unknown to, Broken Hill Prospecting Pty Ltd ( “BPL”)

  3. Slide 3: Murray Basin HMS – Regional Setting

    Murray Basin HMS – Regional Setting • The Murray Basin is a globally important Heavy Mineral Sand (‘HMS’) Province with current Broken Hill Broken Hill resources valued >US$200b Broken Hill Broken Hill • HMS deposits south of Broken Target area project areas Hill were evaluated by Iluka & others in

  4. Slide 4: Advanced Mineral Sands Opportunities

    Advanced Mineral Sands Opportunities  5 granted Exploration licences and one ELA over a portfolio of HMS projects, North Murray Basin, NSW  Located west of Cristal Mining’s Ginkgo & Snapper mines  Investigated (drilling) in 1990’s by Iluka Resources Ltd, Bemax Resources Limited & Westralian Sands

  5. Slide 5: Corporate Strategy

    Corporate Strategy Stage 1 – Establishing the Early Uplift Advantage • Low Cost Entry Point – 100% Ownership (Application/grant not Purchase) ✔ • Quantify the Opportunity – Desk Top Studies ✔ • Communicate the Opportunity to Investors ✔ • Arrange Financing – part through JV (RRL) part & via a Rights

  6. Slide 6: BPL's HMS Project Portfolio (100% BHM)

    BPL’s HMS Project Portfolio (100% BHM) • Three Exploration Licences, >10 Prospects. • HM mineralogy: ilmenite, rutile, zircon, leucoxene • Prospect data currently being evaluated & ranked • More aircore drilling planned later in 2015 to test deposits in 100% BHM tenements • Maiden JORC resource esti

  7. Slide 7: Drilling April 2015 Copi North HMS Deposit

    Drilling April 2015 Copi North HMS Deposit INSET 1 • Assays for 129 drill holes (3,838m completed) INSET 2 INSET 3 • Very high-grade intersections (>20% HM) start at INSET 4 INSET 5 shallow depths ranging from 8 metres to 42 INSET 6 metres (av. 18m of cover) INSET 7 INSET 8 • Numerous holes contain

  8. Slide 8: Copi North HMS Deposit – INSET 1

    Copi North HMS Deposit – INSET 1 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 8

  9. Slide 9: Copi North HMS Deposit – INSET 2

    Copi North HMS Deposit – INSET 2 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 9

  10. Slide 10: Copi North HMS Deposit – INSET 3

    Copi North HMS Deposit – INSET 3 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 10

  11. Slide 11: Copi North HMS Deposit – INSET 4

    Copi North HMS Deposit – INSET 4 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 11

  12. Slide 12: Copi North HMS Deposit – INSET 5

    Copi North HMS Deposit – INSET 5 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 12

  13. Slide 13: Copi North HMS Deposit – INSET 6

    Copi North HMS Deposit – INSET 6 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 13

  14. Slide 14: Copi North HMS Deposit – INSET 7

    Copi North HMS Deposit – INSET 7 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 14

  15. Slide 15: Copi North HMS Deposit – INSET 8

    Copi North HMS Deposit – INSET 8 INSET 1 INSET 2 INSET 3 INSET 4 INSET 5 INSET 6 INSET 7 INSET 8 15

  16. Slide 16: Copi North drill hole sections A & K

    Copi North drill hole sections A & K SECTION A SECTION K S N S N 16

  17. Slide 17: Copi North drill hole sections M & Q

    SECTION Q Copi North drill hole sections M & Q SECTION M S N S N 17

  18. Slide 18: Drilling April 2015 Magic HMS Deposit

    Drilling April 2015 Strategically located almost midway Magic HMS Deposit between Snapper & Ginkgo Mines and Broken Hill • 88 air core holes, for 2,124 metres • Only a few results (~10%) received: Widespread, shallow, high-grade intersections of >5% HM (up to 12%), from 15 metres depth over 12km. •

  19. Slide 19: Magic Deposit location and infrastructure

    Drill rig setting up at White lake, SE end of Magic Deposit  120km south of Broken Hill  10km west of Silver City Highway  Close to groundwater bores  5km from 99Kv power  Limited land use 19

  20. Slide 20: Corporate Overview

    Corporate Overview Pre After Non renounceable Rights Issue Broken Hill Prospecting Limited ASX Code: BPL rights rights  Announced 20 May 2015, Opens 29 May, 2015 issue issue  To issue up ~25m new shares raising up to ~$1m Ordinary Shares on Issue 99.40m 124.6m  Underwritten, 1 new share for every

  21. Slide 21: Contact

    Contact Ian Pringle, MD, Broken Hill Prospecting Ltd Tel: +61 408 548 767 Email: [email protected] Ian Spence, MD, Broken Hill Minerals Pty Ltd Tel: +61 437 880 455 Email: [email protected] Copi North to Wentworth road Broken Hill Prospecting Limited Level 14, 52 Phillip Street, Sydney Box 3486

Broken Hill Prospecting — Investor Presentation (May 2015) on 6ix