YANDEYARRA LITHIUM DEPOSITS · 2019. 2. 7. · prospect Known brownfields mining areas Established...

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YANDEYARRA LITHIUMDEPOSITS POSITIONED FOR EXCEPTIONAL GROWTH

Transcript of YANDEYARRA LITHIUM DEPOSITS · 2019. 2. 7. · prospect Known brownfields mining areas Established...

Page 1: YANDEYARRA LITHIUM DEPOSITS · 2019. 2. 7. · prospect Known brownfields mining areas Established road, rail and gas infrastructure Budgeted Capital Expenditure 2 0 18 US$ 1.0 m

YANDEYARRA LITHIUM DEPOSITS

POSITIONED FOR EXCEPTIONAL GROWTH

Page 2: YANDEYARRA LITHIUM DEPOSITS · 2019. 2. 7. · prospect Known brownfields mining areas Established road, rail and gas infrastructure Budgeted Capital Expenditure 2 0 18 US$ 1.0 m

Mineral Commodities Ltd(ASX : MRC)

Transworld Energy & Minerals Resources (SA) (Pty) Ltd26% B-BBEE Ownership of Xolobeni Mineral Sands Project

Mineral Sands Resources (Pty) Ltd

50% B-BBEE Ownership of Tormin Mineral Sands Operation

MRC Graphite Pty Ltd

GRAPHITE PROJECT51% Ownership of Munglinup Graphite

Project under Joint Venture Agreement

Head OfficeWelshpool WAOperating MineMSR Tormin South Africa

MRC Exploration Australia Pty LtdYANDEYARRA LITHIUM PROJECT

Indigenous equity participation

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SHARES ON ISSUE421,091,571PERFORMANCE RIGHTS3,800,000

MARKET CAPITALISATIONA$67m @ A$0.16cpsCASH BALANCEUS$14.8M @ 30 Sept 2018BORROWINGS US$2.5M @ 30 Sept 2018

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DANIEL HASTINGSBUSINESS DEVELOPMENT 19 years’ mining experienceOk Tedi | Newcrest | Equinox Allied Gold | Silver Standard

SURINDER GHAGTECHNICAL SERVICES MANAGER

21 years’ mining experience Atlas Iron | Nautilus Minerals | Ok Tedi

Consolidated Rutile Limited

TONY SHEARDCFO

33 years’ mining & engineering experienceIluka | WMC Resources

ROSS HASTINGSNON-EXECUTIVE DIRECTOR

GEOLOGIST44 years’ mining experience

BHP | Allied Gold | Placer PacificNord Resources

A PROVEN TECHNICAL AND MANAGEMENT TEAM THAT HAS

SUCCESSFULLY DELIVERED PROJECTS ON TIME AND ON

BUDGET

MARK CARUSOEXECUTIVE CHAIRMAN/

CHIEF EXECUTIVE OFFICER 37 years’ mining experience

Allied Gold | FMG

SAIT UYSALMARKETING MANAGER

12 years’ mining experienceSyrah Resources

Black Mountain Minerals Holding

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FLETCHER HANCOCKLEGAL COUNSEL

12 years’ legal advisory & mining experience

Ashurst | Hancock Prospecting Pty Ltd

PETER TORRENON-EXECUTIVE DIRECTOR/

COMPANY SECRETARY23 years’ corporate, governance &

mining experienceAllied Gold | Aditya Birla Minerals

MANAGEMENT TEAM

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AUSTRALIA | EXPLORATION

WA EXPLORATION● 6 granted and 2 pending

applications made ove r 5 areas prospective for lithium pegmatite s, channe l iron ore and coppe r-gold

● Option to purchase 100% of the Triple Eight vanadium deposit near Collie

● Option to acquire up to 90% of Doolgunna coppe r-gold prospect

● Known brownfie lds mining areas● Established road, rail and gas

infrastructure● Budge ted Capital Expenditure

2018 US$1.0m● Strategic commodity

dive rsification ● 1,500m of RC drilling recently

comple ted at Doolgunna targe ting high grade gold. Results pending

PROJECT INVESTMENTS

YANDEYARRA● Lithium● Granted E47/3884,

E47/3885 & E45/5109● Applications E47/3916

GERALDTON● Lithium● Granted E59/2325,

E59/2326GLEN FLORRIE

● Channe l Iron Ore ● Application E08/2963

DOOLGUNNA / CAVE HILL ● Copper/Gold ● Granted E51/1766 (1)/

Application E51/1867TRIPLE EIGHT HARVEY

● Vanadium/titanomagne tite● Granted M70/888(1)

(1) Transfer of tenement in process

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SOCIALLY AND ENVIRONMENTALLY RESPONSIBLE

ENVIRONMENT

MRCembraces through its operations:

1. World best practice environmental

standards

2. Track record of compliance with

environmental authorisation

obligations

COMMUNITY TRADITIONAL OWNERSHIP

MRCcommitted to Local Community:

Social upliftment through contribution

to infrastructure and academic funding

Economic upliftment through business

deve lopment/integration programs

MRC acknowledges:

Traditional Land Ownership

Economic empowerment through

equity

Partcipation/engagement in mine

deve lopment and operation5

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YANDEYARRA LITHIUM PROSPECT

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➢ Joint venture equity participation

➢ Ownership of the project inte rest

➢ Control and influence concerning community deve lopment programs

➢ Point of contact -Yandeyarra Community and/orYamatji Marlpa Aboriginal Corporation

THE KARIYARRA PEOPLE

OPPORTUNITY FOR

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TENEMENTS

MRC Exploration Australia Pty Ltd has applied for 4 exploration licences:

E47/3884

E47/3885

E47/3916

E45/5109

The tenement areas are highlighted in ye llow on the plan to the right

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PROCESS

PHASE ONE – 1 monthsNegotiate Traditional Landowners ’ Equity Negotiate Heritage Agreement Heritage surveys Mapping

PHASE TWO – 3 monthsDrilling Define size and grade of deposits Kariyarra observers and surveys as

required

PHASE THREE – 6 monthsFeasibility study Resource determination Community engagement

PHASE FOUR – 3 monthsMining Proposal

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PROPOSAL – TRADITIONAL LANDOWNER EQUITY

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MRC EXPLORATION AUSTRALIA PTY LTD

75%

TRADITIONAL LANDOWNERS

25%

YANDEYARRA LITHIUM PROJECT SPV

100%

Equity issued to TO trust upon decision to mine

Equity is funded out of future project cashflows

Immediate royalties from commencement of production and dividends to flow upon commencement of profitable operations

Preferential procurement, employment and service entitlements

Responsible for funding Project through to decision to mine

Responsible for Social Labour Upliftment Programs and training of TOs

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MAKING HISTORY

TOGETHER

SKILLS & VALUE TRANSFER

● Traditional employment● Local spending● Building a partne rship

EMPOWERMENT & ENTITLEMENT

● Capacity and Qualifications● Visibility● Self-esteem

TRADITIONAL OWNERSHIP THE FUTURE OF AUSTRALIAN INDIGENOUS MINING

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Tormin Mineral Sands Operation South Africa