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Disclaimer
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The information contained in this confidential document ("Presentation") has been prepared by Anson Resources Limited (the "Company"). It has not been fully verified and is subject to material updating, revision and further amendment. The Information many not be distributed to others at any time without the prior written consent of the Company (including the presentation) any copies thereof, and will destroy all analysis, complications and other documents or writings whatsoever containing or reflecting any such material. While the information contained herein has been prepared in good faith, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers give, have given or have authority to give, any representations or warranties (express or implied) as to, or in relation to, the accuracy, reliability or completeness of the information in this Presentation, or any revision thereof, or of any other written or oral information made or to be made available to any interested party or its advisers (all such information being referred to as "Information") and liability therefore is expressly disclaimed. Accordingly, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers take any responsibility for, or will accept any liability whether direct or indirect, express or implied, contractual, tortuous, statutory or otherwise, in respect of, the accuracy or completeness of the Information or for any of the opinions contained herein or for any errors, omissions or misstatements or for any loss, howsoever arising, from the use of this Presentation. Neither the issue of this Presentation nor any part of its contents is to be taken as any form of commitment on the part of the Company to proceed with any transaction and the right is reserved to terminate any discussions or negotiations with any prospective investors. In no circumstances will the Company be responsible for any costs, losses or expenses incurred in connection with any appraisal or investigation of the Company. In furnishing this Presentation, the Company does not undertake or agree to any obligation to provide the recipient with access to any additional information or to update this Presentation or to correct any inaccuracies in, or omissions from, this Presentation which may become apparent. This Presentation should not be considered as the giving of investment advice by the Company or any of its shareholders, directors, officers, agents, employees or advisers. Each party to whom this Presentation is made available must make its own independent assessment of the Company after making such investigations and taking such advice as may be deemed necessary. In particular, any estimates or projections or opinions contained herein necessarily involve significant elements of subjective judgment, analysis and assumptions and each recipient should satisfy itself in relation to such matters. This Presentation includes certain statements that may be deemed “forward-looking statements”. All statements in this discussion, other than statements of historical facts, that address future activities and events or developments that the Company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and that actual results or developments may differ materially from those projected in forward-looking statements. Competent Person’s Statement The information in this presentation is an accurate representation of the available data and studies for the deposit reviewed by Mr Greg Knox (MAusIMM), a Director of the Company. Mr Knox has over 25 years of exploration and mining experience in a variety of mineral deposit styles. Mr Knox has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for reporting of Exploration Results, Mineral Resources.
Summary
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ASX listed company focused on supplying materials to the new energy sector
Regulation driving clean energy demand:
Renewable energy
Battery storage
Electric vehicles
3 exploration projects:
Graphite in Western Australia – 100% owned
Lithium brines in Utah, USA – farm-in, completing legals
Zinc, lead, silver in Western Australia – 100% owned
Directors
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Bruce McLeod, B.Sc. (Maths), M.Com (Econ) - Non Executive Chairman
Experienced public company director
>25 years experience in the Australian capital markets.
Corporate funding experience in resources and property industries.
Extensive experience in the takeover and rationalisation of listed and unlisted companies
Bruce Richardson, B.A (Hons) - Managing Director
>30 years of international business experience, particularly China
Proven track record in exploration, mining and production
In the past few years has raised over $170 million dollars of investment in mining projects
Peter (Greg) Knox B.Sc. (Geology) – Non Executive Director
Mr Knox is a qualified geologist with over 30 years of experience in exploration, mine development and mining operations
He has worked on projects from grass-roots exploration through to mine development and production
Corporate Overview
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Capital Structure
Shares on issue 176m
Share Price 5.3 cents
Market Capitalisation $9.3m
Net Cash and quoted equities
$1.5m
Enterprise Value $7.8m
Share Price
Top Shareholders (total shareholders circa 470, top 20 hold 63%)
Wu Xiaonan 19.43%
Bruce Richardson 8.62%
Ouro Pty Ltd 7.10%
Greg Knox 4.27%
Wo Wah 3.41%
Bruce McLeod 3.37%
Sassey Pty Ltd 2.69%
Listed options: 52m 3 cent, 13 July 2017 options
Market Opportunity
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The increasing use of Lithium Ion batteries (Li B’s) as the storage of electricity for power electric vehicles (EV’s) and domestic and industrial generated electricity has resulted in a surge in demand for the minerals contained in batteries: lithium, graphite, cobalt and nickel:
The prices for these minerals have risen and shortage of supply
is expected
Anson aims to take advantage of this opportunity and has
identified projects that can be developed to supply the growth
expected
Graphite Project - Location
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500km from Perth, 130km from the port of Geraldton
Historic mining area in one of
the world’s leading mining
states
Majority Crown land
Existing infrastructure
Skilled mining workforce and
contractors within close
proximity
No fly-in, fly-out workforce
costs
Graphite Project - Geology
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High grade metamorphism
with hydrothermal
alteration
Graphite schist within a
Proterozoic Gneiss
Similar to Tanzanian
graphite deposits
Samples indicate graphitic
schist up to 42.3% total
graphitic carbon (TGC)
Graphite Project – Drilling Program
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Drill targets based on:
Historical drill logs
and data
Rock chip samples
Trenching
VTEM (Versatile Time
Domain Electromagnetic)
aerial survey
Drilling Feb/Mar 2017
50m x 50m
2,500m
35 holes
Graphite Project – Metallurgical Testwork
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Li-Ion Battery grade test work completed in September 2016 produced:
99.97% TGC purity achieved v’s industry
specification of 99.95% TGC
Li-ion battery specifications achieved
with conventional milling and
purification techniques
Test work carried out in Germany by
ANZAPLAN* *Dorfner Analysenzentrum und Anlagenplanungs-Gesellschaft
Lithium Project - Highlights
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Lithium concentrations up to 1,700ppm in nearby historic wells
Super-saturated brines with 40% dissolved solids
Associated high grade products (Boron, Bromine, Iodine)
Claims cover Roberts Rupture which cuts Clastic Zone 31 (contains Lithium brines)
Depths between 1,080 and 2,400m
Clastic Zone 31 contains a blanket-type brine aquifer in the Crane Creek Anticline-Kings Bottom Syncline area
Brine under significant pressure
Higher temperatures (145 degrees fahrenheit) than would be expected at those depths
Historic wells (high Li) penetrated Roberts Rupture structure
Lithium Project - Location
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Location:
Grand County Utah, USA
15km west of Moab
4km northwest of operating potash mine
11 hr drive to Tesla Giga-factory
4km from Colorada River
Weather:
High semi-desert region
Rainfall – 10 inches
300 days of sun
Lithium Project - Geology
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6.7km strike length along Robert’s Rupture
Adjacent to historic oil wells
Brine analysis ranging from 64ppm to 1,700ppm Lithium (within radius of 10 square kilometres, 1,700ppm within 1km)
Most wells not assayed for salts
Parallel fractures to topography
East-West joints provides the traps
Lithium Project - Oil Field Brines
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Extensive historical database - seismic data located and drillhole data
Infrastructure related to petroleum based operations
Highly pressurized mineralized brine expected to flow freely
Lithium Project – Earn-in Terms
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10% on signing JV agreement
+ 40% for completing Phase 1 within 1 year:
Existing data compilation; Modelling of existing data;
Area specific permit requirements; Field work plans; and
Completion of a technical report prepared in accordance with NI 43-101.
+ 20% for completing Phase 2 within 3 years :
Permit related field work; Exploration permit applications;
Execution of geological field work; Completion of appropriate geophysical surveys; Definition of drill targets;
Completion of at least 1 exploratory well (if drill permit granted); and
Issuance of an updated NI 43-101 compliant technical report.
Option to purchase the remaining equity for a cost based on an independent valuation with the vendor retaining a 3% royalty
Zinc, Lead, Silver Mineralisation
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Within the Ajana Graphite Project tenements
JORC (2004) compliant Indicated and Inferred Lead
Zinc and silver mineralisation
Planned to be drilled during the Ajana Graphite Project Feb 2017 drilling program
Zinc, Lead, Silver Mineralisation
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Within the Ajana Graphite Project tenements
JORC (2004) compliant Indicated and Inferred Lead Resource for approximately 25,637 tonnes of contained lead metal:
Zinc and silver mineralisation
Cut-off TOTAL
% Pb BCM Tonnes %Pb
>10 17,100 51,300 19.3
>5 57,788 173,636 6.6
>1 56,585 169,756 3.4
Total 131,473 394,419 6.5
Contact Details
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Bruce Richardson Managing Director E: [email protected] T: +61 8 9226 0299 W: www.ansonresources.com twitter.com/anson_ir Linkedin.com/ansonresourcedlimited