Beowulf Mining Plc · LSE:BEM
Beowulf Mining — Investor Presentation (April 2019)
21 slides from Beowulf Mining's investor presentation, April 2019
Slide 1: Beowulf Mining plc
BEOWULF MINING plc 0
Slide 2: Disclaimer
Disclaimer The presentation has been prepared by Beowulf Mining Plc (the “Company” or “Beowulf”) solely in connection with providing information on the Company and may be subject to change. It is being issued only to certain persons on the basis that they fall within one of the exemptions contained
Slide 3: Introduction to Beowulf Mining
Introduction to Beowulf Mining • Listed in London and Stockholm • Listed in Sweden since 6 August 2008 • 61.32% owned by Swedish shareholders • Exploration and development • Nordic focus, but with an interest in Kosovo • Multi-commodity exposure: iron ore; graphite portfolio; base metals; and precio
Slide 4: Corporate Snapshot
Corporate Snapshot AIM Share Mkt Cap* 2019 Avg Ticker Price* (£) Daily (p) Trading Volume** BEM 7.65 43.3m ~313k Spotlight Share Mkt Cap* 2019 Avg Ticker Price* (SEK) Daily (SEK) Trading Volume** BEO 0.975 552.1m ~1.6m *As at 6 March 2019 **YTD as at 28 February 2019 3
Slide 5: Directors and Management
Directors and Management Göran Färm - Non-Executive Chairman Göran was born in 1949, and has been an elected Member of European Parliament (“MEP”) from 1999 to 2004 and, then again, from 2007 to 2014. Göran was also Deputy Mayor of Norrköping during the 1990s. Göran has experience in industrial poli
Slide 6: Our Approach
Our Approach “Visar respekt för alla intressenter” “Vill samverka lokalt” “Står för ansvarsfull utveckling” “Showing respect to all our stakeholders” “Becoming a local partner” “Delivering responsible development” “Kunnioittaa kaikkia sidosryhmiä” “Toimia yhteistyössä paikallisten kanssa” “Vastuulli
Slide 7: Sustainable Mining
Sustainable Mining • Working in partnership with, and investing in the community • Designing, engineering, innovating and planning a mining operation that is: – Fit for…….purpose, the environment, community, its location, infrastructure, markets, and financing • Responsible extraction of natural res
Slide 8: Kallak - Magnetite Iron Ore Project
Kallak - Magnetite Iron Ore Project • Discovered by the SGU in 1940s and designated an Area of National Interest in February 2013, affording it protection against competing land use Kallak North and measures that may hinder future potential mineral extraction Kallak South Exploration • ~ £7.1m milli
Slide 9: Balancing Stakeholder Interests
Balancing Stakeholder Interests • We speak with and listen to all stakeholders • It’s not a case of mining or reindeer herding or tourism, as all can prosper side-by-side • The mining sector in Sweden already cooperates with Sami reindeer herders • Kallak is a transformational opportunity for Jokkmo
Slide 10: Kallak – 'Big Picture' – Vision for Jokkmokk
Kallak – ‘Big Picture’ – Vision for Jokkmokk • Create 250 direct jobs and over 300 indirect jobs in Jokkmokk, over the period that a mine is in operation. • Jobs could be sustained over a period of 25 years or more, if the Kallak South deposit is mined after the Kallak North deposit, and further dep
Slide 11: It's not just about a mine
It’s not just about a mine g BEOWULF MINING plc Job centres Business associations and incubators Local businesses and suppliers Regional banking/finance e.g. commercial banks, Norlandsfonden me Tidas LULEA HAMN LULEA TEKNISKA UNIVERSITET Government (local, regional, national) Social, Public Infrastr
Slide 12: Aitolampi - Graphite in Finland
Aitolampi - Graphite in Finland • Indicated and Inferred Mineral Resource (JORC Code 2012) of 19.3Mt at 4.5% Total Graphitic Carbon ("TGC") for 878,000t of contained graphite • Higher-grade Western Zone of 9.8 Mt at 5% TGC for 490,000t of contained graphite • Strike length of at least 350m along the
Slide 13: Aitolampi - Purification Results
Aitolampi - Purification Results • Alkaline purification produced: • 99.86% C(t) for +100-mesh concentrate • 99.82% C(t) for -100-mesh concentrate • Acid purification produced: • 99.60% C(t) for the +100-mesh • 99.41% for the –100-mesh concentrate. • Both sets of purification results indicate that,
Slide 14: Finland's Emerging Battery Sector
Finland’s Emerging Battery Sector • Finland is moving quickly to play a major role in the European battery sector • Beowulf is seeking to capture the value from moving downstream, from natural graphite production to suitable anode-material for lithium ion battery manufacturing • 2019 – focus on furt
Slide 15: Investment in Vardar Minerals - Kosovo
Investment in Vardar Minerals - Kosovo • Initial investment ~ 14.1% stake • Follow-on investment of £500k will increase ownership ~ 31.3% 2 • Five exploration licences ~ 270 km • Targeting four types of mineralisation: • Porphyry copper-gold • Epithermal gold-silver • Lead-zinc-silver replacement ty
Slide 16: Mitrovica Project
Mitrovica Project • Drill ready lead-zinc (silver) target - Wolf Mountain • 4km strike-length, up to 250m width • Mineralised gossans identified – up to 5.5% lead- zinc, 98 g/t silver, 1.5% nickel • Close proximity to Stan-Terg lead-zinc mine (40Mt) • Classic porphyry alteration mapped • Gold, zinc,
Slide 17: Mitrovica Project
Mitrovica Project • Cu anomalies associated with dykes and breccias in basement = indicative of Cu (Au) porphyry targets • Zn, Ag, Au (Cu) anomalies associated with breccias on sub- volcanic sill contacts = epithermal base/precious metal target • Au anomalies associated with advanced argillic altera
Slide 18: Viti Project
Viti Project Metal Creek: Extensive (kms) silicified • Licences target an gossans and stockworks. Fault controlled eastern interpreted circular gossan target associated with phyllic alteration, Cu and Au intrusive (caldera) anomalies, high As and Zn. • Intense alteration typically associated with po
Slide 19: 2019 Programme
2019 Programme Mitrovica Project Viti Project • Drill testing Wolf Mountain lead-zinc (silver) • Drill testing Metal Creek copper-gold target – strat holes to confirm target alteration/mineralisation at depth • Soil sampling, ground magnetic and IP • Soil sampling grids to constrain copper/gold anom
Slide 20: Summary – Value Drivers in 2019
Summary – Value Drivers in 2019 Business Area Near-term Medium-term Foundation Asset Kallak Exploitation Concession – Pressing Development Planning, new Government for action - identify Strategic Partner to Decision awaited – Potential re- ensure efficient delivery of rating event vision for Kallak
Slide 21: Kurt Budge Chief Executive Officer
www.beowulfmining.com Kurt Budge Chief Executive Officer [email protected]