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Un Unleas ashin ing V Valu lue f from
- m the W
Wor
- rld
ld’s Best Diamond P Projec ects
Peter Ravenscroft
Managing Director March 2020
EHR HR R Resou
- urces
EHR HR R Resou ources es Ltd (AS ASX:EHX) Un Unleas ashin - - PowerPoint PPT Presentation
EHR HR R Resou ources es Ltd (AS ASX:EHX) Un Unleas ashin ing V Valu lue f from om the W Wor orld lds Best Diamond P Projec ects Peter Ravenscroft Managing Director March 2020 1 Forward L d Looking ng S Statemen ents
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Peter Ravenscroft
Managing Director March 2020
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Certain information contained herein regarding EHR Resources Ltd, including management’s assessment
law and necessarily involve risks, including but not limited to risks associated with mining exploration,
resource and reserve estimates, environmental risks and ability to access sufficient capital from internal and external sources. As a consequence, actual results may differ materially from those anticipated in any forward looking
should not be read as guarantees of future results or events, and will not necessarily be accurate indications of whether or when or by which such results or events will be achieved. Except as required by law, EHR Resources Ltd expressly disclaim any intention and undertake no
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Share price trends show diamond company valuations at 3 year low Diamond exploration companies unable to function:
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Other 47 Petra 4 Dominion 9 Rio Tinto 19 De Beers 33 ALROSA 31
Global Revenue 2019 US$ billions ($160B total) Rough Diamonds
Exploration, Production, Sales
12 Polished Diamonds
Cutting and Polishing, Sales
19 Diamond Jewelry
Design and manufacturing
51 Retail Sales
Jewelry and Watches
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Other 9 Angola 9 South Africa 8 DRC 17 Australia 13 Botswana 25 Canada 24 Russia 39
2019 World Production – Total 142 Million Carats by country and by company Significant Forecast Supply Shortfall
billion
demand
projects
2030
An industry needing significant investment over next ten years
3x increase in exploration spend required now to meet industry demand
Optimistic demand Base supply Base demand Optimistic supply
Source: The Global Diamond Industry 2019, Bain & Company
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Exploiting a unique upside opportunity in an underfunded high-value sector
diamond investment vehicle
Breakthrough strategy
project value
Unresolved
awaiting harvest
shortfall in next ten years
Strong fundamentals
World-class management team
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Incubation funding focused on missed opportunities
varying risk profiles
company experience
Managed risk through balanced portfolio
Leverage global industry knowledge and technical expertise A bold new strategy to transform the diamond sector
Patient capital invested in asset
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Project style
diamonds
stones, higher qualities
Location
country (Canada, Botswana, Australia)
Scale
focus for majors
value generation
Bulk sampling of more advanced projects
stalled projects
Earlier stage generative exploration
areas of unresolved opportunities
leading diamond explorers
Potential early cashflow
current operations
Core strategic focus, with higher/lower risk supporting investments
Managing risk through a diverse portfolio of hand-picked projects
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First project investment in Canada
(formerly George River, 100km)
Remote Location
lands of New Quebec Territory
environmental and social impact assessment and review
100% Ownership
approved by shareholders 9 March 2020
Recent Acquisition
dykes
for last 15 years
Known Diamond Occurrence
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An unresolved diamondiferous district
and further surface sampling 2020
Planned Work Program
dyke potential and larger blows, possible kimberlites
identified
collected in 2019 expected Q2 2020
Nanuk Diamonds Work 2018-19
2018/2019 Nanuk Diamonds Inc work identified a number of new dykes and other targets of interest
2004 including mapping, sampling, bulk sampling.
relatively coarse size distribution
produced 13 carats, largest stone 0.7 carats, but relatively flat size distribution
price established
Exploration History pre 2018
known dykes in green new dykes in purple 2019 surface samples as red dots
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Steady implementation of strategy and early results anticipated
Botswana and Australia
Additional investments under evaluation
bulk sampling
Early drilling and sampling results expected
An exciting new entrant into the diamond space
growth in EHR
in 2020
Capital raising being considered
target
La Victoria Project, Peru
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Exc xchange ASX:EHX X Shares es I Issued ued:
Options:
146. 146.7 m million
13. 13.5 million u unliste ted, e escrowe wed
Ma Market C Capit pitalis lisatio ion ( n (@ $ $0.10 share pric ice) e): A$14. $14.7 millio lion Fina nanc ncia ial: l: $2. $2.1 millio lion c n cash, h, z zer ero debt Board rd of Di
Step ephen en D Denn nnis is (Cha hair irman) n) Mi Micha hael O el O’Keeffe Jeremy my King ng David id B Bradle dley Pet eter er R Ravens nscroft Ma Major H Holde lders: M O O’Kee eeffe e 16.39% 39% M M Dor Dorion 6. 6.82% 82% HSBC N Nominee ees 3. 3.89% 89% S D Denn nnis is 3. 3.05% 05%