Execution of Research, Development and The Creation of Efficient Technologies of Rare Earth Production 1
Statements contained in this presentation which are not historical facts are forward-looking statements that involve risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that could cause such differences, without limiting the generality of the following, include: risks inherent in exploration activities; volatility and sensitivity to market prices for uranium and rare earths; volatility and sensitivity to capital market fluctuations; the impact of exploration competition; the ability to raise funds through private or public equity financings; imprecision in resource and reserve estimates; environmental and safety risks including increased regulatory burdens; unexpected geological or hydrological conditions; a possible deterioration in political support for nuclear energy and rare earth technologies; changes in government regulations and policies, including trade laws and policies; demand for nuclear power and rare earth products; failure to obtain necessary permits and approvals from government authorities; weather and other natural phenomena; and other exploration, development, operating, financial market and regulatory risks. Although Stans Energy Corp. believes that the assumptions inherent in the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this release. Stans Energy Corp. disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise Cautionary Note to United States and Other Investors Concerning Estimates of Measured, Indicated and Inferred Resources: Certain tables may use the terms “Measured”, “Indicated” and “Inferred” Resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, however, the United States Securities and Exchange Commission does not recognize them. “Inferred Mineral Resources” have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of a Mineral Resource is economically or legally mineable. 2
Stans Energy is focused on re-starting a past producing Rare Earth Elements mine and processing facility in Kyrgyzstan Kutessay II Mine: • Past producing open pit mining operation • Produced equal quantities of heavy and light rare earth elements • Known metallurgical processes • 20-year mining license in place Kashka Rare Earth Processing Facility (KRP): • Processed ore from Kutessay II Mine for 30 years • Produced 120 metal, alloy, and oxide products • Start-Up of Operational Testing for REO production in Q3 2012 • Private rail terminal provides access to Russia, Europe, and Asia Strong Board, Technical Advisors, and Management: • Many involved with Kutessay II and the KRP prior to 1991 3
Stock Exchange HRE (TSX-Venture) Shares Outstanding 157,263,986 as at June 30, 2012 Warrants 8,475,476 Options 14,468,333 Total (fully diluted) 180,207,795 Market Cap C$70m Share price (Jan 2) C$0.45 52 week high/low C$1.59/ C$0.28 Net cash C$12 m Debt Nil 4
Major REEs to be produced by Stans Energy Properties Industry Use Yttrium Defense Applications High Tech Terbium Reduces Europium Weight Dysprosium Emissions Gadolinium Energy Consumption Holmium Hybrid Electric Vehicles Green Tech Erbium Allows Thulium Greater Efficiency Luteium Performance Ytterbium Miniaturizatoin Lanthanum Speed Water Treatment Other Applications Cerium Durability Praseodymium Thermal Stability Neodymium Samarium 5
Global REE Demand Pacing to Outstrip Supply 250,000 200,000 (Tonnes of REO) 150,000 100,000 50,000 0 2005 2006 2007 2008 2009 2010 2011f 2012f 2013f 2014f 2015f China Demand Adjusted Global Demand ROW Supply China Supply Source: IMCOA – Industrial Mineral Company of Australia 6
Source: US Department of Energy/ TMR 7
• • Present – 2015 2015 - 2025 Source: US Department of Energy 8
RUSSIA EUROPE JAPAN CHINA Kyrgyzstan 9
• 100% ownership of former Soviet-era mine • Produced 80% of FSU’s REE needs • March 2011: Pit-contained mineral resources – Measured + Indicated: 45,650 tonnes of contained TREO – Inferred: 3,560 tonnes of contained TREO • Bankable Feasibility Study (BFS) to commence in Q3 2012 • 20-year mining license and all permits are in place 10
Aktyuz Ore Field: Kutessay II REE Mine And Exploration Areas Kutessay III Kalesay Kutessay II Aktyuz Aktyuz Mill
Kutessay II REE Mine
NEW MINERALIZED ZONE 13
Drillhole No.D012. Weighted average grade of ∑TR2O3 Table No.5 Drilling Parameters ∑ TR 2 O 3 grade, % Drillhole No. Mineralized Intervals Ratio Profile No. Drillhole Item No. depth, m of drilling, Direction Drillhole Thicknes inclinatio n angle Interval Rock Description s, m ∑ TR 2 O 3 % %HRE %LRE 0 from to min - max 1 XIV-XIV D012 94.5-95.0 41.5-40.9 295.0 0.04 49.0 51.0 267.0 274.5 7.5 Amphibole schist 0.13 2 0.32 3 0.10 54.2 45.8 278.0 295.0 17.0 Granophyre 0.22 4 0.48 51.60 48.40 14
15
• 100 % ownership • Processed Kutessay II ores for 30 years • 120 metal, alloy, and oxide products • Operational Testing has commenced • 50 kg of Dysprosium produced using Ion Exchange technology – Q3 2012 • Dysprosium, Terbium, Gadolinium metals produced in Q3 2012 • Private Rail Terminal provides access to Asia, Europe, and Russia • Facility originally designed by VNIIHT, one of Stans Energy’s core consultants 16
• 2011 Acquisition: $5,500,000 USD • Improvements 2011: $1,284,143 USD • Improvements 2012: $3,073,627 USD • Improvements To Date: $4,357,770 USD Improvements: Capital improvements, equipment overhaul, electrical upgrades, water and heating systems, steam generation, roof repairs, sewage and tailings pipe repairs 17
18
19
20
21
22
30 year proven track record of 99.99% oxide production 23
24
25
REE Breakdown by Value Element Oxide REEs % REO USD/kg (Asian Metals FOB prices in USD Jan 1, 2013) Dysprosium Dy 6.14 700 Yttrium Y 26.73 38 Terbium Tb 1.55 1230 Neodymium Nd 8.18 78 0.23 Europium Eu 1600 3.25 Erbium Er 75 3.78 Praseodymium Pr 76 3.59 Gadolinium Gd 60 4.1 Samarium Sm 26 0.5 Lutetium Lu 1,316 19.68 Cerium Ce 11 16.55 Lanthanum La 11 CREO = 85% of projected gross revenues 26
VNIIHT’S ROLE • Stans Energy’s Bankable Feasibility Study (Q3 2012) will be conducted under the guidance of VNIIHT. VNIIHT’s sixty years of chemical technology experience combined with their capabilities of executing the complete cycle of rare earths research, development, and production will give Stans Energy a significant advantage relative to its competitors. • VNIIHT will also assist with evaluation and acquisition of other HREE properties in areas of the Former Soviet Union (FSU) 27
VNIIHT ACHIEVEMENTS Technologies developed in the Institute became the production cycle base for over 20 hydrometallurgical plants Over 150 sorbents, extractants and resins were engineered Over 3600 developments were industrially implemented Over 2600 inventors certificates and patents were issued 7 minerals were discovered Over 100 PhDs are employed 28
Canada Honorary Consul of the Kyrgyz Republic for Canada Russia Kyrgyzstan Kyrgyz-Russian VNIIHT Slavic University IGPMG RAS Asiarudproject ARRIMR GEOTEP Ecoservice 29
CORPORATE STRATEGY • Bankable Feasibility Study commencing in H2-2012 • Advance off-take agreement discussions with end users • Continue to explore: • August 2012 - deep drilling of areas of know mineralization • 2829m program to delineate pit contained blind ore-bodies • Refurbish Kashka Rare Earth Processing Facility (KRP) • Enhance recovery process with new technology • Continued optimization for REO production • Build out operating and construction teams • Assess HREE and joint-venture opportunities 30
Recommend
More recommend
