New Age Exploration Limited · ASX:NAE
New Age Exploration — Investor Presentation (August 2013)
21 slides from New Age Exploration's investor presentation, Aug 20, 2013
Slide 1: Advancing a Major New UK Coking Coal Project
Lochinvar For personal use only “Advancing a Major New UK Coking Coal Project” Investor Presentation August 2013
Slide 2: Important Notices and Forward Looking Statements
Important Notices and Forward Looking Statements Competent Persons Statement Information in this document that relates to Mineral Resources and Exploration Targets is based on information compiled by: For personal use only UK: Dr William Hatton (C.Geol – Geological Society of London) to qualify as a
Slide 3: NAE Company Summary
NAE Company Summary United Kingdom Projects Melbourne based, ASX Listed For personal use only • Lochinvar Coking Coal Project • Regional offices in UK and Colombia • Redmoor Tin Tungsten Project • Supportive major institutional investors Colombia Projects • Experienced management and Board • Terrano
Slide 4: Lochinvar Coking Coal Project, UK
For personal use only Lochinvar Coking Coal Project, UK 4
Slide 5: A Great Starting Point
A Great Starting Point • Undeveloped Canonbie coalfield For personal use only Contours - Depth from Surface of Nine Foot Seam • 67km2 licence granted to NAE by the Coal Authority in June 2012 • 100% interest with no vendor payments • 13 NCB boreholes completed from 1950’s to 1980’s within Canonbie c
Slide 6: Drill Program – Phase 1a
Drill Program – Phase 1a • Phases 1a completed For personal use only – Good thicknesses of Nine Foot Seam intersected in 3 of 4 holes – 4th hole defines the basin margin – Coal analysis from LOI-001 indicates potential to produce an attractive low ash high volatile coking coal – Coal analysis from L
Slide 7: Phase 1a Results in Line with Historic Coal Analysis
Phase 1a Results in Line with Historic Coal Analysis For personal use only 7
Slide 8: Schematic Cross Sections
Schematic Cross Sections For personal use only Initial Drilling focussing on shallower, flatter zones 8
Slide 9: Phase 1a Completed
Phase 1a Completed • Three of four holes successfully intersected target seams For personal use only • Target seams intersected at shallower than expected depths in 2 holes (LOI-004 and LOI-005) • Nine Foot seam coal thickness ranged from 1.42m to 2.81m • Successful twinning of historic National Coa
Slide 10: LOI-001: Raw Coal Results
LOI-001: Raw Coal Results • Initial drill hole intersected both key For personal use only target seams, the Nine Foot and Six Foot Seams; – Nine Foot: 3.51m (2.85m coal) from 311.6m depth – Six Foot: 1.78m (1.66m coal) from 295.0m depth • Twin of the 1983 Bogra hole (“Bogra”) drilled by the NCB – co
Slide 11: LOI-001: Coal Analysis (Clean Coal)
LOI-001: Coal Analysis (Clean Coal) • Results from Clean Coal Analysis of LOI-001 demonstrate: For personal use only – Lochinvar coal to be an attractive low ash, high volatile coking coal • Sulphur values attributed to high pyritic content, reduced through washing: – 2.05% to 1.36% for the complete
Slide 12: Market Access
Market Access For personal use only • Close proximity to all major infrastructure and UK / European markets • Rail directly to UK Steel mills (6 Mtpa coking coal imports) • Rail directly to UK ports for shipment to European Steel mills (46 Mtpa coking coal imports) Rail and Port Infrastructure Conne
Slide 13: Excellent Project Infrastructure
Excellent Project Infrastructure First world country For personal use only • • West Coast Main rail line located <1km from SE licence boundary (direct rail connection to steel mills and ports) • Motorway (M6 / A74) adjacent to the licence • High voltage power lines (400Kv and 132Kv) and substation o
Slide 14: Drill Program – Phase 1b
Drill Program – Phase 1b / 2 For personal use only • 5 – 7 hole program planned to commence in Q4 2013 • Targeting infilling of previous drilling to define an Indicated Resource • Tendering for drilling contractor complete. Significant reductions expected in: – Cost – Footprint – Time frame • Land a
Slide 15: Delivering to Schedule
Delivering to Schedule Jul. Aug. Sept. Oct. Nov. Dec. Jan. Feb. Mar. For personal use only 2013 2013 2013 2013 2013 2013 2014 2014 2014 Phase 1a Drilling Program Complete Drilling tender & Contract – Phase 1b/2Program LOI-004 Raw Coal Analysis Complete LOI-004 Washability & Clean Coal Analysis Maide
Slide 16: Summary - Lochinvar Coking Coal Project
Summary - Lochinvar Coking Coal Project Initial NAE analysis indicated attractive low ash high volatile coking coal For personal use only • • Phase 1a drilling complete (4 holes) and 8 historic holes now JORC compliant • Nationally important project providing domestic supply of coking coal • High qu
Slide 17: Other Projects
For personal use only Other Projects 17
Slide 18: Colombia Coal Projects
Colombia Coal Projects Terranova Hard Coking Coal Project For personal use only • Concession 887T - 3.6Mt JORC Resource • Adjacent Concession (FL2-151) – 10 to18Mt Exploration Target • Adjacent Application JBI-11091 • Targeting 0.5Mtpa & >10 year mine life subject to permitting Cesar Thermal Coal Pr
Slide 19: UK Tin Tungsten Project
UK Tin Tungsten Project For personal use only Redmoor Tin Tungsten Project • Exploration licence located in world class Cornwall mining district acquired in October 2012 Redmoor • Inferred resource of 9.1Mt at 0.69% Tin equivalent. • Additional 4-6Mt exploration target • 35 boreholes (12,146m) on Re
Slide 20: Redmoor Project - Maiden Inferred Resource
Redmoor Project - Maiden Inferred Resource • Recently completed drill core re-sampling program For personal use only • Redmoor maiden Inferred Mineral Resource as derived by SRK is as follows: REDMOOR INFERRED MINERAL RESOURCE (Feb 2013) Cut-off grade 0.53% Sn(eq)1 Tonnes (Mt) Sn % W% Cu % Zn % Pb %
Slide 21: For Further Information Please Contact
For personal use only FOR FURTHER INFORMATION PLEASE CONTACT: Gary Fietz, Managing Director New Age Exploration Limited Telephone: + 61 3 9620 9931 Email: [email protected] Web: www.nae.net.au Image: M3 Hard Coking Coal Seam, Terranova. Seam height approx. 1.6m 21
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