Premier exploration projects in a new copper district July 2017 | - - PowerPoint PPT Presentation
Premier exploration projects in a new copper district July 2017 | - - PowerPoint PPT Presentation
Premier exploration projects in a new copper district July 2017 | HEC - TSX-V CAUTIONARY NOTE The information contained herein has been prepared solely for the purposes of providing the reader with general information to assist in understanding
CAUTIONARY NOTE
The information contained herein has been prepared solely for the purposes of providing the reader with general information to assist in understanding Handa Copper Corporation’s (‘Handa’ or ‘the Company’) projects in the Republic of Congo. Such being the case, no representation or warranty, expressed or implied, is made as to the realization or the ability of Handa to successfully explore and develop this project. Though the information contained herein is obtained from sources that are deemed to be reliable and thought to be accurate, nothing in this presentation is, or shall be, relied upon as a promise or representation of the future performance of the Company, and the Company’s activities are subject to the usual risk factors involved in exploration and mining ventures
- f this nature.
The reader is cautioned that the Company’s future plans, objectives, and goals are forward-looking statements. The forward-looking statements are not guarantees of future performance and undue reliance should not be placed on them. Actual results may differ materially as a result of any number of factors and uncertainties, many of which are beyond the Company’s control. Handa undertakes no obligation to revise any forward-looking statements except as required by applicable securities laws. None of the information contained herein is intended to or imply as an offering of securities. This information is provided solely for the purposes of enabling interested parties to evaluate the Company and the Projects. 2 Handa Copper Corporation | HEC-TSX.V
INVESTMENT HIGHLIGHTS
Handa Copper Corporation | HEC-TSX.V 3
Good jurisdiction with excellent infrastructure and proximity to coast A solid team with proven track record Sound geological model supported by findings to date Important new understanding of regional geology First-mover advantage in a highly prospective copper belt Attractive soil geochemical anomalies identified
REPUBLIC OF CONGO (BRAZZAVILLE): WHY WE ARE EXCITED
Handa Copper Corporation | HEC-TSX.V 4
Copper malachite in soils at Maboudou Project APRIL 2014
REPUBLIC OF CONGO The Republic of Congo (Brazzaville) has produced copper for centuries. The geological parallels between the Republic of Congo (Brazzaville) and Central African Copper Belt have been recognized since the 1930s. However, sustained modern exploration has never been carried
- ut.
A review of previously undisclosed archival records revealed over 20,000 stream sediment and soil samples on our licenses that were never followed up. New data from recent regional airborne magnetic survey (500m lines spacing) and geological mapping promises critical new interpretive insights. Handa has generated over 32 geochemical and structural targets, of which 3 have undergone initial testing, all with positive results.
THE REPUBLIC OF CONGO (BRAZZAVILLE)
Handa Copper Corporation | HEC-TSX.V 5
SOLID LEGAL FRAMEWORK
- EITI candidate country
- Investor-friendly mining code
enacted in 2005:
- Allows 100% foreign
- wnership
- 10% government free-carry in
mining operations
- 3% Royalty
- Exemption on all import
duties and taxes
- Corporate tax - 30%
INVESTMENT
- Well-established and
lucrative petroleum industry
- 5th largest oil producer in
sub-Saharan Africa
- Advanced mineral projects
- Handa Copper has signed
confidentiality agreement with a major African Copper Producer
Republic of Congo (Brazzaville) is politically and financially stable with strong infrastructure and solid legal framework.
STABILITY
- Politically and financially
stable and improving for the last 15 years.
- 3.4% GDP real growth rate
- Population 4.4 million
INFRASTRUCTURE
- Bitumen road rehabilitation
and construction underway
- New airports at Brazzaville
and Pointe Noire – 3 domestic carriers
- Currently utilizes less than
4% of energy potential
- Cement output increased
by 100% in 2012 (USGS)
WATER, ENERGY, PROXIMITY TO PORT, ROAD AND RAIL
Handa Copper Corporation | HEC-TSX.V 6
The West Congolian Belt has excellent infrastructure with both project areas benefiting from proximity to port and good road and rail access.
Deep-water port at Pointe Noire Road rehabilitation Pointe Noire to Dolisie and to Gabon
Upgrade of Brazzaville to Pointe Noire Rail.
Road Railway
Upgrade of northern railway for advanced iron-ore Projects
INFRASTRUCTURE ADVANTAGE VS CENTRAL AFRICAN COPPERBELT
Djeno gas fired station. 45 MW Moukoukoulou hydro- electric – 74 MW
THE HANDA COPPER TEAM
Handa Copper Corporation | HEC-TSX.V 7
MANAGEMENT
Jan Nelson, CEO B.Sc. (Earth Sciences) B.Sc. (Hons) Geology Jan is a seasoned industry veteran possessing a diverse range of skills acquired as an exploration geologist, mine manager and successful CEO of an intermediate-sized gold producer. Acting as Chief Executive Officer of AIM-listed Pan African Resources PLC, Jan oversaw its evolution from an exploration company with a market value of $30 million to a $550 million underground gold and platinum producer within a period of 5
- years. During this rapid growth period, Pan African was one of
the most successful junior gold mining companies in South Africa and among the first to pay a high yield dividend for more than five consecutive years. In his capacity as CEO, Jan raised
- ver US$125 million in debt and equity to transform the
company from explorer to producer. Jan started his career with Gold Fields, one of the world’s largest gold producers where he received an award as the best post graduate geologist. He also received the Rand Pioneers award as the best graduating geologist during his final year at
- university. Jan has held progressively senior positions with
Harmony Gold, beginning as a mine geologist and advancing to the position of acting Mine Manager.
BOARD OF DIRECTORS
Marek Kreczmer, M.Sc. Director Over 25 years of experience developing projects in Africa and public natural resources companies. Founded Tanzanian Royalty Exploration Corp. TSX/NYSE, Hana Mining Ltd. TSX- V, acquired by Cupric Canyon Capital; and Handa Copper
- Corp. TSX-V.
. Anton Gabriel Esterhuizen, BSc (Hons), Msc (MinEx), FGSSA Director A South African geologist and recipient of the Dreyer Award by the Society for Mining Metallurgy and Exploration Inc. (USA) for outstanding achievements in applied economic geology, along with the Des Pretorius Memorial Award for
- utstanding work in economic geology in Africa. Founder and Managing Director of Pangea Exploration (Pty) Limited
with 40 years of experience on the African continent. His discoveries include:
- In Tanzania: Tulawaka, Buzwagi and Golden Ridge
- In South Africa: the world class high grade Rhovan vanadium deposit, the Taaiboschspruit coal mine, the 16Moz
Burnstone gold deposit, Hillendale Ti-Zr deposit
- In Kenya: the Kwale Ti-Zr deposit
- In Mozambique: the world class Corridor Sands deposit
- Dr. Paul Elgin Walker
Director
- Dr. Walker is a professional economist who was educated in South Africa and the United Kingdom where he received
his doctorate in economics at the University of Nottingham in 1998. With over 20 years of diverse experience in the analysis of metals markets, he ran the world’s leading precious metals consultancy, GFMS, for over 12 years until its sale to Thomson Reuters in 2011, at which time he became Global Head of Precious Metals. The consultancy’s core publication is the prestigious annual Gold Survey which began in 1967. Dr. Walker was instrumental in developing LME Precious, a joint venture between the London Metal Exchange (LME), the World Gold Council and a number of banks including Goldman Sachs, Société Générale and Morgan Stanley. He has made regular appearances on major global TV networks including CNN, BBC, CNBC and Bloomberg in addition to being a featured speaker at key international conferences.
- Dr. Humphrey Mathe, M.Sc, P.H.D.,
Director Over 36 year relevant experience developing projects in Africa. During his distinguished career was involved in senior executive positions with Exxaro and Eyesizwe Coal, the largest black-owned, controlled, operated coal mining company in South Africa. Darryl Yea, M.Sc., Director President of Investco Capital management Inc. and previously President and CEO of TSX-listed Datawest Solutions Inc and a national financial services organization. Former member of the Board of Governors of the predecessor of the TSX-Venture Exchange and chaired its Corporate Finance Committee.
HANDA COPPER ADVISORY BOARD
8 Handa Copper Corporation | HEC-TSX.V Greg McKelvey, M.Geol.
- Geologist with over 40 years of world-wide exploration
experience.
- Directed and lead exploration efforts resulting in the discovery
and identification of three major ore deposits
- Currently an Adjunct Faculty member at the University of
Arizona
- Published two USGS mineral resource assessment programs
- Participated in or organized and lead teams that discovered
deposits containing copper, gold, silver, zinc, cobalt, lead in Chile, Peru, Brazil, New Mexico, Montana, Nevada and Alaska.
Ross McGowan, PhD Economic Geology
- Key contributor to the team that received the 2015 PDAC
Thayer Lindsley Award for the discovery of the Kamoa copper deposit in the Democratic Republic of Congo (DRC).
- Geologist with 16 years of academic, practical and corporate
experience in the mining and exploration industry.
- Worked in partnership with Anglo American as a PhD
candidate, focusing on understanding the evolution of sediment hosted copper deposits within the Central African Copperbelt.
- Published academic papers on the origin of copper-cobalt
deposits in the Zambian Copperbelt
- Managed and executed regional exploration and evaluation
drilling programs and bankable feasibility studies.
Thomas Rogers, BSc. (Hons.) Geography and Geology
- Key contributor to the team that received the 2015 PDAC
Thayer Lindsley Award for the discovery of the Kamoa copper deposit in the Democratic Republic of Congo (DRC).
- Geologist with 18 years of exploration experience covering a
wide variety of geological environments and exploration techniques.
- Broad experience in the search for and evaluation of
sediment-hosted Central African Copperbelt-style mineralization in Zambia, the DRC and the Republic of Congo
- Has gained specific knowledge and insights into the controls
- f mineralisation in the under-explored sedimentary basin
currently being evaluated by Handa Copper
- Has also managed the execution of drilling programs from
regional exploration through to bankable feasibility studies.
CORPORATE STRUCTURE
Handa Copper Corporation | HEC-TSX.V 9
MAJOR SHAREHOLDERS % OF O/S
Management 24.1% EMC Investments Limited 8.77% Harlequin Investments Limited 8.77% MacKenzie Financial 5.99% NWT Uranium Corporation 4.47% Armada Resources Capital 4.42% Cupric Canyon Capital 3.97% Origin Merchant Partners 2.63%
HANDA COPPER CORPORATION TSX-V.HEC
Market Capitalization (April 27, 2017) 1.4 M Outstanding Shares (Post Consolidation) 8,469,180 $0.06 Private Placement 9,410,000 $0.072 Private Placement 1,105,263 Shares Total 18,984,443 Warrants 10,515,263 Fully Diluted Shares 29,499,706
SEDIMENTARY COPPER IN SUB-SAHARAN AFRICA
10 Handa Copper Corporation
FIRST-MOVER ADVANTAGE
Handa Copper Corporation | HEC-TSX.V 11
Cu Deposit
Handa Target
West Congolian Belt Upper Tillite Formation Lower Tillite Formation Cu Occurrence
SIZE COMPARISON OF HANDA PROJECTS WITH CENTRAL AFRICAN COPPERBELT
Handa Copper Corporation | HEC-TSX.V 12
BANDA-KAYES PROJECT
Handa Copper Corporation | HEC-TSX.V 13 13
BANDA-KAYES
- Handa uncovered historic data from archives in Paris
that identified 17 stream-geochemical anomalies in the Banda Kayes license.
- The targets were identified following a comprehensive
stream and soil geochemical survey carried out in the 1960’s specifically targeting Copperbelt-style copper mineralization concealed by regolith cover.
- This work is of immeasurable value to Handa. It
includes over 9,500 samples taken at 250m spacing in every drainage and along access roads and pathways.
- Due to the change of administration upon
independence, this work was never followed up!
Handa Copper Corporation | HEC-TSX.V 14
- Handa has identified the
Mbiongo and Tsangui targets as highest priority for initial follow up.
- Preliminary mapping and soil
geochemical sampling has been carried out at both targets producing exciting results.
Tsangui Mbiongo
BANDA KAYES GEOCHEMICAL TARGETS
TSANGUI TARGET
Handa Copper Corporation | HEC-TSX.V 15
Malachite clast from target area
- 2 clearly discernible
copper anomalies >120ppm Cu associated with diamictite and pyritic shales.
- Soil geochemistry
interacts well with mapped geology.
- Infill soil sampling
currently underway Section line Arkose Pyritic shale
Cu anomaly
TSANGUI TARGET ANALOGUE – KAMOA, DRC
Handa Copper Corporation | HEC-TSX.V 16 *Kamoa schematic section (from Ivanhoe corporate presentation)
Broad anticlinal features Surface leaching masking geochemical signature Similar lithologies Sulphide mineralisation Mineralisation zoning suggesting target zones are down dip.
*Tsangui schematic section Sandstone/Quartzite Pyritic Siltstone Diamictite Target mineralisation
Note: not to scale
Relative Cu anomaly from soil geochemistry Pyritic sandstone 20% - 40% Pyrite Leached zone SW NE
MBIONGO TARGET
Handa Copper Corporation | HEC-TSX.V 17
- Anomalous soil
geochemical values associated with fold hinge of large anticline.
- Soil geochemistry
interacts well with mapped geology showing very clear contacts with barren sandstone units.
- Further sampling
currently underway
Arkose/Quartzite Volcanic sediments
Copper in soil (ppm)*
*Analysis by portable XRF
MABOUDOU PROJECT – approx. 3,000 sq. km.
Handa Copper Corporation | HEC-TSX.V 18
- Reinterpretation of geology
- completed. 10 structural targets
identified.
- Soil sampling and hand auguring
completed at initial target (T4)
- Malachite in soils identified and
determined to be associated with pre-colonial copper smelting
- activities. Some copper ingots
recovered.
- Low-grade stratabound copper
mineralisation located.
THE TAKE-AWAY
Handa Copper Corporation | HEC-TSX.V 19
Cu
ATTRACTIVE GEOCHEMICAL TARGETS ALREADY ESTABLISHED CONFIDENTIALITY AGREEMENT RECENTLY SIGNED WITH 3 MAJOR AFRICAN COPPER PRODUCERS
Technical
EXPERIENCED TECHNICAL TEAM WITH CRITICAL NEW KNOWLEDGE
REFERENCES
Handa Copper Corporation | HEC-TSX.V 20 PRINT REFERENCES
Kampunzu, D. Kapenda, B. Manteka. 1991. Basic magmatism and geotectonic evolution of the Pan African belt in central Africa: Evidence from the Katangan and West Congolian segments. Tectonophysics, Volume 190, Issues 2–4, 10 May 1991, Pages 363-371 Tack, M.T.D Wingate, J.-P Liégeois, M Fernandez-Alonso, A Deblond. 2001. Early Neoproterozoic magmatism (1000–910 Ma) of the Zadinian and Mayumbian Groups (Bas-Congo): onset of Rodinia rifting at the western edge of the Congo craton. Precambrian Research, Volume 110, Issues 1–4, 1 August 2001, Pages 277-306 Feybesse, V. Johan, C. Triboulet, C. Guerrot, F. Mayaga-Mikolo, V. Bouchot, J. Eko N'dong. 1998. The West Central African belt: a model of 2.5–2.0 Ga accretion and two-phase orogenic evolution. Precambrian Research, Volume 87, Issues 3–4, February 1998, Pages 161-216 Scolari, G. 1965. Études Géologique du Bassin du Niari Oriental et de ses Mineralisations Cu-Pb-Zn. BRGM Memoire 35, pp219.
WEB REFERENCES:
USGS Mineral Yearbook - http://minerals.usgs.gov/minerals/pubs/country/2012/myb3-2012-cf.pdf First Quantum Minerals - www.first-quantum.com/ Weatherly International Plc - http://weatherlyplc.com/ Kombat Copper - www.kombatcopper.com Mining Weekly - http://www.miningweekly.com/topic/republic-of-congo Mining Journal - http://www.mining-journal.com/reports/republic-of-congo-bulking-up Kamoa - www.ivanhoemines.com Bernstein Research – Copper Report August 2013 - www.bernsteinresearch.com