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Exploring Myanmar March 2018 Disclaimer We acknowledge our - - PowerPoint PPT Presentation
Exploring Myanmar March 2018 Disclaimer We acknowledge our - - PowerPoint PPT Presentation
1 Exploring Myanmar March 2018 Disclaimer We acknowledge our responsibility for fair and accurate representation in this Presentation and for the appropriate disclosure of information we believe is required by prospective investors. There
Disclaimer
- We acknowledge our responsibility for fair and accurate representation in this Presentation and for the appropriate disclosure of information we
believe is required by prospective investors.
- There have been no:
– Violations or possible violations of any laws or regulations, the effects of which should be considered for disclosure in this Presentation; – Communications from regulatory authorities concerning non-compliance with, or deficiencies in, financial reporting practices.
- Access Asia Mining Pte Ltd was incorporated in Singapore on the 26 January, 2015. Company number 201502441N.
- All statutory records of the Company and its subsidiaries have been properly kept.
- The number of shares on issue at the date of this Presentation is ~ 21.5 million. Apart from what is disclosed in this Presentation, there is no other
entitlement to acquire shares in this Company either by agreement or option.
- There were no material deficiencies or encumbrances attaching to the title of the Company’s assets at the date of this Presentation.
- No significant liabilities are attributable to the Company or any of its subsidiaries at the date of this Presentation.
- There were no material contingent liabilities, including guarantees and letters of comfort, at the date of this Presentation.
- The Company is not aware of any breach or non-compliance with the terms of any contractual arrangements, however caused, which could initiate
claims on the Company which would have a material effect on this Presentation or its representations.
- Investment in mineral exploration is highly speculative and there is no guarantee of success. Investment in Myanmar is also highly speculative and
there is considerable uncertainty attaching to the political process and future legal developments in that country. Given these factors and the need to raise further working capital in the future to fund corporate overheads and exploration activities no guarantees can be given with respect to the payment of dividends, return of capital or the Company’s continued existence as a going concern.
- All Warranties and Representations contained in this Presentation are true and correct to the best of our knowledge at the date of issue
Myanmar – The Golden Land
The Opportunity
- World class mineral potential
- Limited systematic and modern
exploration exploration
- Improving regulatory
environment
- Amended mining regulations
reduce costs and risk
- Genuine early mover opportunity
Myanmar - Discovery Potential
Major Gold and Base Metal Deposits Discovery History of Southeast Asia
Myanmar’s Political Isolation A period of major mineral discovery in SE Asia Systematic Exploration Period Modern Exploration Period Prospecting Period
Myanmar - Discovery Potential
SE Asia Metallogenic Belts (Permissive Tracts) With Gold and Base Metals Deposits (Resources)
Myanmar 252,500 sq km
Permissive Tract Surface Area
Myanmar 252,500 sq km Indonesia 501,800 sq km Philippines 418,500 sq km PNG 170,500 sq km Gold Base Metals
Myanmar - Discovery Potential
SE Asia Metallogenic Belts and Deposits Insitu Value
Metal Belt Area Gold Deposits Contained Au Moz Au Insitu Value $M Copper Deposits Contained Copper Mt Copper Insitu Value $M Total Insitu Value $M Insitu Value per sq km $M Myanmar 252,500 3 2 2,730 2 8 54,600 57,330 0.23 Philippines 418,500 39 63 81,640 27 38 266,700 348,340 0.83 Indonesia 501,800 39 94 122,590 7 51 354,330 476,920 0.95 Papua New Guinea 170,500 22 122 158,600 8 27 189,700 348,300 2.04
0.00 0.50 1.00 1.50 2.00 2.50
Papua New Guinea 170,500 22 122 158,600 8 27 189,700 348,300 2.04 Average (All) 335,825 26 70 91,390 11 31 216,332 307,722 1.01
Myanmar Philippines Indonesia Papua New Guina
Myanmar Discovery Potential
SE Asia Deposits Insitu Value per sq km
$M per sq km
Average
63Moz Au 19Mt Copper
AAM – Who We Are
PETER STUNTZ | CHAIRMAN Peter has extensive investment, corporate advisory and financing experience gained through >30 years in the natural resources sector. This includes involvement with several successful start-up companies in the Asian resource sector and as a Senior Portfolio Manager with AMP
- Investments. Peter is a Fellow of the AusIMM and FINSIA and a Member of the Society of Mining Engineers; he holds Bachelor degrees in Science
(Geology), Engineering (Mining) and has a Masters of Geoscience (Mineral Economics) and a Graduate Diploma from the Securities Institute of Australia.
Board of Directors
PAUL L’HERPINIERE | MANAGING DIRECTOR Paul L'Herpiniere is one of the founders of AAM and as the Managing Director of our local subsidiary, is responsible for the growth of our business in Myanmar. The former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience in multi-commodity project generation and exploration management across Mongolia, South-East Asia, China, South Africa, Ethiopia, Botswana, Zambia, Mozambique, Nigeria, New Zealand and Australia. Paul has a Bachelor of Science (Hons) in Applied Geology from Curtin University, Australia and is a member of the AusIMM. GEOFF McNAMARA | NON EXECUTIVE DIRECTOR Geoff has >25 years of resource sector experience as a geologist, project manager, corporate financier and fund manager. He was most recently an
- wner and Investment Director of Pacific Road Capital, a private equity manager, investing in the global mining industry. Prior to that he was a
Director of Societe General’s Mining Finance group in New York. Geoff holds a Bachelors degree in Geology, a Graduate Diploma from the Securities Institute of Australia. He is a member of the Australian Institute of Company Directors (AICD) and the Australasian Institute of Mining and Metallurgy (AusIMM). JASON ROGERS | CHIEF FINANCIAL OFFICER Jason is a qualified Finance and Accounting specialist with >20 years experience in financial management, accounting, risk analysis and business
- management. Since 2009. Jason has been involved with the establishment of several successful mining related businesses in Australia. Prior to this,
Jason had a successful investment banking career, working for major financial institutions in London, Tokyo and Singapore, where he was an analyst working with some of the world’s largest corporations and investors.
AAM – Who We Are
U KHIN MAUNG HAN | DIRECTOR Khin Maung Han is one of Myanmar’s highest profile mining entrepreneurs. He is the major shareholder and Managing Director of Future Engineering Group (FEG), the owner/operators of the Thabeikyin Gold Mine north of Mandalay. FEG are also contract mining at Modi Taung Gold Mine and are currently developing the Narbu Taung Gold deposits. Khin Maung Han is also currently President of The Myanmar Federation of Mining Association, the country’s leading mining industry advocate. DAVID ROYLE | TECHNICAL MANAGER
Myanmar Management
DAVID ROYLE | TECHNICAL MANAGER David has >40 years of international experience in all aspects of mineral exploration and project feasibility, including senior management positions at Eurasian Minerals, East Asia Minerals, Kentor Gold, MIM Exploration and Newcrest Mining. He has managed exploration teams over a diverse range of geographic and cultural environments which have led to the discovery of several major gold and base metal deposits in the Pacific Rim including; Tolukuma, PNG (Au), Cerro Negro, Argentina (Au), Rio Blanco, Peru (Cu-Mo) and Pierina, Peru (Au-Ag). HENRY RENOU | SENIOR GEOLOGIST Henry has been leading our field-based project evaluation program since early 2015, responsible for generating new ideas and information relating to Myanmar’s gold potential. A geology graduate from Monash University, Henry gained his initial exploration experience with Fortescue Metals Group, where he was a team leader for gold and base metals explorion in Western Australia.
AAM – Company Structure
Access Asia Mining Pte Ltd (Singapore Parent)
21.5 million shares, 2.5 million options 48 shareholders Directors and Management own ~63%
Access Resources Asia Company Ltd (Myanmar Subsidiary)
20% owned by Myanmar Local Company - Future Engineering Group Company Ltd 80%
AAM – Well Positioned Early Movers
- Systematic project generation in Myanmar since early
2015
- 11 highly prospective, large-scale exploration licenses,
covering >5500 sq km across 4 strategic project areas covering >5500 sq km across 4 strategic project areas
- Draft amended mining regulations indicate a 75%
reduction in license rental fees
- An improving framework for minerals investment
- Strong foundation for long term sustainable success
Research Driven Approach
- Myanmar’s most comprehensive
database of mineral potential
- >3 years of research, compilation,
interpretation of exploration and geoscientific data
1M scale geology Tectonics Remote Sensing Mineralisation
geoscientific data
- Targeting by Dr Jon Hronsky,
Centre of Exploration Targeting UWA
- Field evaluation of >50 mines and
prospects
Gravity Free Air Gravity Geochemistry Mapping Targeting Relief Licenses Evaluations
Project Generation
Focused on the Discovery of Large Scale Gold and Base Metals Deposits
Research, compilation, interpretation of historical exploration and geoscientific data Targeting studies to identify key regional mineralisation controls
- AAM Projects and Field Evaluations
controls Systematic field evaluation of operating mines and exploration prospects within target areas Improved understanding of local mineralisation controls and spatial distribution of resource potential Increasing probability of a major discovery
Project Generation
Project Generation
Project Generation
Project Generation
License Applications
Sagaing Project
800 sq km across 4 license application areas Former Ivanhoe and Newmont prospects Former Ivanhoe and Newmont prospects within the Wuntho-Popa Magmatic Arc High tenor gold and arsenic anomalism in streams Artisanal workers producing alluvial gold Extensive alteration associated with large scale gold and copper systems
License Applications
East Shan Project
1,500 sq km across 2 license application areas The northern continuation of Sukhothai Arc Multiple regional gold and base metals
- ccurrences and small scale mines
- ccurrences and small scale mines
Favourable structural framework for large minerals systems Widespread alteration No previous systematic exploration Artisanal workers producing alluvial gold Geochemical anomalies identified in streams Bulk tonnage open pit potential
License Applications
Mandalay Project
1,300 sq km in Mandalay Subdivision +80km prospective strike along major regional structural control Operating open pit mine with average ore Operating open pit mine with average ore grade of 3g/t Au Artisanal workings within application area Large-scale potential, sediment-hosted Au and Cu style of mineralisation Strong history of gold mining in the region Well located with respect to regional infrastructure
License Applications
Bago Project
2,000 sq km across three license application areas in Bago Subdivision Former Ivanhoe prospect within the southern extension of Wuntho-Popa magmatic arc extension of Wuntho-Popa magmatic arc +100km prospective strike 30km alluvial gold train indicates a large-scale source of mineralisation Artisanal hard rock and alluvial workings within application area High grade (+5g/t Au) mineralisation in float and ROM samples Sediment-hosted epithermal style of mineralisation plus porphyry potential
Stakeholder Engagement
East Shan License Approvals
Engaging with the local communities and Government of East Shan since July 2017 Village and town surveys to discuss our exploration plans with local population exploration plans with local population Stakeholder meetings to educate on the exploration process Forestry and land surveys to verify land use within the license area Local government approval received late 2017 State level approval expected in coming months
AAM – Investment Summary
- Myanmar has world class
mineral potential
- Underexplored due to 60 years
- f political isolation
How big is 5,500 sq km?
- f political isolation
- AAM is an early mover with a
massive land position in each of the major metallogenic belts
- New mining regulations
substantially reduce the cost and risk of exploration
Big enough to cover the majority of the Kalgoorlie Goldfields: +20Moz contained Gold
AAM – Exploring Myanmar
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