Jangada Mines Plc · LSE:JAN
Jangada Mines — Investor Presentation (June 2022)
34 slides from Jangada Mines's investor presentation, June 2022
Slide 1: Investing in Metals of the Future
ADVANCING BATTERY METALS PROJECTS Investing in Metals of the Future JAGANDA MINES | JUNE 2022 ADVANCING BATTERY METALS PROJECTS
Slide 2: Disclaimer
Disclaimer The information contained in this document (the “Presentation”) has been prepared by Jangada Mines plc (the “Company”) solely branches or agencies of such corporations or entities. This Presentation is not being made available to persons in Australia, for informational purposes. It is sub
Slide 3: Overview
Overview Advanced, multi commodity asset base AIM listed resource development company primarily focused in Brazil Proven track record of creating value via project development Multi-commodity exposure - titanium, vanadium & iron ore B R A Z IL Advancing 100% owned Pitombeiras VTM Project –Post-tax N
Slide 4: Key Data
Key Data Healthy balance sheet SHARE PRICE* 3.35p M A RKET CAP* ~£8.9m *As at 29.06.22 Structure at 28.06.22 LON:JAN Liquidity Ordinary Shares 256,002,032 Cash Position (31 Dec ‘21) C$3.6m Investments (31 Dec ‘21) C$1.3m Directors Shareholding 42.8% ValOre Shares (Holding at 28.06.22) 500,000 Outsta
Slide 5: Board
Board Proven industry, financial & in-country experience to execute strategy Mr McMaster has 20 years’ experience in corporate reconstruction, turnaround, and performance improvement within the Brian mining industry. He was the founder of Highfield Resources, an ASX-listed potash company, with proje
Slide 6: Management
Management A team to deliver production José Luis de Mr Martins has over 35 years of mining experience, having played key roles in project feasibility studies, development, construction and operations of major iron ore, copper, coal and bauxite mines in Brazil and internationally. Previously, he was
Slide 7: Positioned for Growth
Positioned for Growth Advancing existing portfolio & evaluating additional opportunities to build shareholder value A Two A Two Pronged Pronged ApproachTo Approach ToBuilding Building Value Value Advance Pitombeiras VTM Project Expand Portfolio Excellent Project Fundamentals Market Drivers 100.3% po
Slide 8: Proven at Creating Value
Proven at Creating Value Advanced Pedra Branca project ahead of sale to ValOre Metals VEND DEAL FUNDAMENTALS Strengthening Balance Sheet CASH C$3,000,000 – August 2020 - Sold 7 million shares for total gross proceeds of CAD$1,750,000 VALORE ORDINARY SHARES (PAYABLE IN TRANCHES) 25,000,000 – February
Slide 9: Brazil: The right location
Brazil The right location C O L U M B I A A T L A N T I C O C E A N 5th largest country in the world with a population of approximately 212.6 million people Top three producer of graphite, nickel, manganese, and lithium - critical metals for the energy economy BRAZIL 5th largest mineral producer in
Slide 10: Pitombeiras VTM Project
Pitombeiras VTM Project 10 JANGADA MINES PLC l JULY 2022 ADVANCING BATTERY METALS PROJECTS
Slide 11: Pitombeiras VTM Project
Pitombeiras VTM Project High-grade vanadium, titanium & iron Project Area Eight ground magnetic priority anomalies identified with VTM signatures over a total area of 1,958 hectares Current Resource (Pitombeiras North/South & Goela) 5.10Mt at 0.46% V2O5, 9.04 % TiO2 and 46.06% of Fe2O3, and Inferred
Slide 12: Achieving Milestones
Achieving Milestones Rapidly advancing Pitombeiras - Confirmed continuous high- - Utilised airborne magnetic – Announced positive PEA - Expanded project dynamics to grade vanadium, titanium and surveys to delineate VTM include titanium iron grades at surface drilling targets – Strengthened Senior Ma
Slide 13: Location
Location Infrastructure is key to bulk commodities Located in the mining friendly State of Ceará Established infrastructure at site including road, rail and power Trained and skilled workforce Three identified routes to ports - the major bulk Pecem seaport is 352km from site & accessible via a feder
Slide 14: Exploration
Exploration Substantial upside with both vanadium & titanium Mineralogy comparative to the prolific Bushveld Complex 01 (South Africa), the Skaergard Intrusion (Greenland), and the Windimurra Complex (Australia) Layered and massive vanadium-bearing magnetite body 02 associated with large airborne ma
Slide 15: Target Area in Section
Target Area in Section Consistent mineralisation at surface Visual validation in section located on Goela target area Ferrovanadium magnetite concentrate Visual validation in section located on Pitombeiras North 15 JANGADA MINES PLC l JULY 2022 ADVANCING BATTERY METALS PROJECTS
Slide 16: Robust Resources
Robust Resources Well-defined deposit with circa 62% within the Measured & Indicated (‘M&I) categories Total Mineral Resource Estimate Overall average grade of 45.86% VTM mineralisation continues to (‘MRE’) of 8.26Mt - 62% classified of ferric oxide (‘Fe2O3’), 0.45% be open - drilling to date has at
Slide 17: Drilling Programme 2019-20 & Resource
Drilling Programme 2019-20 & Room for expansion Resource Ferrovanadium magnetite concentrate 17 JANGADA MINES PLC l JULY 2022 ADVANCING BATTERY METALS PROJECTS
Slide 18: Metallurgical Tests
Metallurgical Tests High grade recovery is straight forward 01 Bench & pilot scale test works yielded excellent results through magnetic separation using dry & wet concentration routes to produce a ferrovanadium-rich concentrate 02 High quality final product - saleable FeV- rich magnetite concentrat
Slide 19: Project Economics
Project Economics Excellent potential to become a profitable producer of Ferrovanadium Concentrate & Titanium Dioxide Operational Highlights Robust Economics Inclusive of TiO2 • Annual production 186,000t of Fe 62%/ V2O5 concentrate & • Post-tax US$96.5 million NPV8 66,000t TiO2 at processing/produc
Slide 20: Standard Processing
Standard Processing Simple processing routes established Technological characterisation of Pitombeiras' ore defined a wet & dry magnetic separation flowsheet to produce Ferrovanadium concentrate and titanium dioxide Ferrovanadium magnetite concentrate The plant flowsheet for the dry and wet stages T
Slide 21: Defined Path to Production
Defined Path to Production Potential for excellent returns Completed to Feasibility Standard: ➢ Exploitable Mineral resource ➢ Metallurgical tests ➢ Pit design and operation ➢ Processing route ➢ Production matrix ➢ Logistics ➢ Sales route ➢ Economic analysis ➢ Legal pathway To Do: ➢ TiO2 to be added
Slide 22: A Robust Project
A Robust Project Key variables for production completed to feasibility standard 01 Strong technical and economic fundamentals including an NPV of US$101.3 million, IRR of 100.3%, 13-month payback (mkt Cap c.£9) 05 Low cost, flexible and scalable operation with the potential to significantly increase
Slide 23: Market – Iron Ore
Market – Iron Ore Global market for iron ore is estimated to reach 2.7 billion metric tons by 2026, growing at CAGR of 3.7%* Iron ore is the most used metal worldwide Iron Ore Price Graph Australia & Brazil together dominate the world's iron ore exports, each having about one-third of total exports
Slide 24: Market - Vanadium
Market - Vanadium A growing market in the net zero transition – a green metal - Ferrovanadium (FeV) is an alloy formed by combining iron and Estimated Annual Demand for Energy technologies as a percentage of 2018 vanadium with a vanadium content range of between 35–85% Production levels under 2 DS -
Slide 25: Market - Titanium
Market - Titanium Titanium metal global market value is expected to reach US$6,312.6 million by the end of 2026, growing CAGR of 5.4% during 20212026* $90,00 R2: 98% 6,750 Often alloyed with iron, aluminium, vanadium, and molybdenum, to 0 produce strong, lightweight alloys for aerospace, military, i
Slide 26: Investments
Investments 26 JANGADA MINES PLC l JULY 2022 ADVANCING BATTERY METALS PROJECTS
Slide 27: Fodere Titanium Limited
Fodere Titanium Limited Titanium dioxide & vanadium from waste materials 3.6% interest in UK business that has developed zero waste recovery technology Advancing the commercialisation of environmentally sustainable & highly innovative technology to extract high value metals from the titanium, vanadi
Slide 28: Blencowe Resources PLC
Blencowe Resources PLC Portfolio of key battery metal projects 3.5 million shares in Blencowe (AIM: BRES) bought in December 2021, & 1,750,000 warrants with an exercise price of £0.08 per share & expiry date of 12 November 2024 Holds an emerging portfolio of key battery metals projects located in no
Slide 29: Conclusion
Conclusion 29 JANGADA MINES PLC l JULY 2022 ADVANCING BATTERY METALS PROJECTS
Slide 30: Pitombeiras Project Economics vs Peers
Pitombeiras Project Economics vs Peers 150 130 110 Shanta Gold JANGADA MINES PLC 90 POST TAX IRR (%) Terramin Ferro Alloy Resources 70 Red 5 50 Vanadium Resources Neometals Copper Mountain Mining TNG 30 Technology Metals Australia 10 Galena Mining Australian Vanadium 0 2 4 6 8 10 12 14 -10 CAPITAL E
Slide 31: Why Invest
Why Invest Excellent relationships with Government & Trending, multi-commodity project portfolio local authorities in Brazil Asset backed with Pitombeiras NPV of $96.5 Steered by a highly experienced Board & million, IRR 103% (discount to current pricing) Management with a proven track record of plu
Slide 32: Appendix
Appendix 32 JANGADA MINES PLC l JULY 2022 ADVANCING BATTERY METALS PROJECTS
Slide 33: Project Economics
Project Economics SIMPLIFIED DISCOUNTED CASH FLOW Year 0 1 2 3 4 5 6 7 8 9 TOTAL Total Mined (Mt) - 1.69 1.69 1.66 1.77 1.88 1.96 1.30 1.30 1.06 14.31 ROM (Mt) - 0.60 0.64 0.58 0.67 0.69 0.63 0.60 0.60 0.49 5.50 Waste (Mt) - 1.09 1.06 1.08 1.09 1.20 1.33 0.70 0.70 0.57 8.81 Product 62 % Fe (kt) - 18
Slide 34: Contacts
Brian McMaster Hugo de Salis St Brides Partners Ltd Executive Chairman Advisor Financial PR [email protected] [email protected] [email protected] 34 ADVANCING BATTERY METALS PROJECTS