Tungsten Mining Nl · ASX:TGN
Tungsten Mining Nl — Investor Presentation (February 2013)
21 slides from Tungsten Mining Nl's investor presentation, February 2013
Slide 1: The Model of Growth for Tungsten
The Model of Growth for Tungsten ASX:TGN www.tungstenmining.com February 2013
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Tungsten Mining NL (“Tungsten Mining”) and consists of slides for a presentation concerning the company. By reviewing/attending this presentation, you acknowledge and agree the following: This presentation includes forward-looking statements. Forward
Slide 3: Investments Highlight
Investments Highlight Tungsten is the right sector to be in, with sound fundamental drivers giving strong demand and firm pricing Tungsten Mining offers the best value investment in the tungsten Mosquito Creek space: Gascoyne (Kilba) – High grade tungsten deposits Callie Soak – A thorough understand
Slide 4: Corporate Overview
Corporate Overview Company Information Share Price Performance Ticker: TGN Listing: ASX (December 2012) Shares in issue: 79,054,379 Market Cap: A$15.8 million Top 5 Shareholders (as of 20 Feb 2013) Poh Yeo Siak 7.59% Options: 15,000,000 Northern Minerals Ltd 5.06% Cash: A$4.3 million SM3 Res PL 5.06
Slide 5: Experienced Leadership
Experienced Leadership Paul Berndt - Managing Director of Tungsten Mining – A Metallurgist with a strong background in project development, mining operations and process engineering – 38-year career in Australia, China, Indonesia, Peru, Spain and Venezuela – Enterprises involving tungsten, base meta
Slide 6: Strong Board & Management
Strong Board & Management Patrick McManus – Non-Executive Chairman – Metallurgist and Industrial minerals specialist with over 35 years experience – CEO and MD of Potash West NL – Founding Director and former MD of Corvette Resources Francis Loh – Non-Executive Director – Accountant (Level 2 ACCA),
Slide 7: Kilba – Flagship Project
Kilba – Flagship Project 100% owned Explored by Union Carbide up to the 1980s Target pits: 1.3-1.4Mt @+0.7- 0.9% WO3 JORC compliant resources is on Gascoyne (Kilba) the way Coarse mineralogy and simple metallurgy ~ 84% recovery Equivalent to 5g/t Au deposit Situated on a granted mining Perth lease C
Slide 8: Kilba Well Phase I Drilling Results
Kilba Well Phase I Drilling Results Kilba Project, Zone 11 Prospect, HQ Diamond Drilling– (>1.5m at 0.10 % WO3) MGA Z50 Coordinates Intersections Hole No Easting Northing Dip/ Depth From To Interval WO3% (m) (m) Azim (m) (m) (m) (m) KDD0001 350,406 7,479,911 -60/020 54.6 9.9 19.6 9.70 0.38 Incl. 9.9
Slide 9: Kilba Zone Drilling Highlights
Kilba Zone 11 Drilling Highlights February 13 9
Slide 10: Phase I Drilling Results: Cross-Section
Phase I Drilling Results: Cross-Section February 13 10
Slide 11: Kilba Exploration Camp, Feb 2013
Kilba Exploration Camp, Feb 2013 February 13 11
Slide 12: Drilling at Kilba Well, Feb 2013
Drilling at Kilba Well, Feb 2013 February 13 12
Slide 13: Core logging, Kilba
Core logging, Kilba February 13 13
Slide 14: Kilba Milestones
Kilba Milestones Project Production Commitment Feasibility Study and JORC Reserve Commence Project Definition studies. Scoping Study Commence JORC Resource Drilling Sep ‘12 Dec ‘12 Mar ‘13 Jun ‘13 Sep ‘13 Sep ‘14 February 13 14
Slide 15: Project Pipeline
Project Pipeline Loves Find Kilba Kilba Hill of Extension Leaders Martins Lode Lake Crush Seabrook Zone Kilba U/G Lode A Mt Murray Whiskey- Hatches Kurundi pool Creek Mosquito Koolya- Gascoyne Callie Creek nobbing Wood- 10km The Hill Zone cock February 13 15
Slide 16: Tungsten Mining Summary
Tungsten Mining Summary Listed successfully on ASX during December, 2012 Environmental base line studies complete, with no issues noted Fully operational base camp established at Kilba site Phase I drilling results supported the Kilba resource hypothesis In-fill drilling underway and expected comple
Slide 17: Appendix: Overview of Tungsten
Appendix: Overview of Tungsten February 13 17
Slide 18: Tungsten
Tungsten Tungsten is unique in its Tungsten Demand extreme qualities and difficult 8% 18% to replace: 12% – Very hard • Only diamonds are harder • 100x harder than steel – Very heat resistant • Highest melting point • Lowest expansion – Very dense 62% • Greater than lead or uranium Steel Alloy Cemen
Slide 19: Global Tungsten Market
Global Tungsten Market China is a major tungsten supplier producing 85% of global tungsten in 2010 With Chinese tungsten Global Supply vs. Demand mines reaching exhaustion, China’s decision to serve growing domestic needs brings decrease in Chinese tungsten export quotas Like with REE it presents a
Slide 20: Tungsten Pricing
Tungsten Pricing Tungsten is relatively price inelastic, and commercially sensitive China is effectively the “price setter” – One province now sets monthly “guiding” prices for the sale of APT (Ammonium Para-Tungstate, a chemical that most mine concentrate is converted into) – The tungsten concentra
Slide 21: Contact
Contact Paul Berndt Suite 3, 23 Belgravia Street Managing Director Belmont WA 6104 Mobile +61 (0) 427 074 477 [email protected] PO Box 588 Belmont WA 6984 Phone +61 (0) 8 9477 3031 Patrick McManus Fax +61 (0) 8 9475 0847 Chairman Mobile +61 (0) 408 956 798 [email protected] Fe
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