YANDEYARRA LITHIUM YANDEYARRA LITHIUM DEPOSITS DEPOSITS MRC - - PowerPoint PPT Presentation

YANDEYARRA LITHIUM YANDEYARRA LITHIUM DEPOSITS DEPOSITS

POSITIONED FOR EXCEPTIONAL GROWTH POSITIONED FOR EXCEPTIONAL GROWTH

Mineral Commodities Ltd Mineral Commodities Ltd (ASX : MRC) (ASX : MRC)

Transworld Energy & Minerals Transworld Energy & Minerals Resources (SA) (Pty) Resources (SA) (Pty) Ltd Ltd 26% B-BBEE Ownership of Xolobeni Mineral Sands Project

Mineral Sands Resources (Pty) Mineral Sands Resources (Pty) Ltd Ltd

50% B-BBEE Ownership of Tormin Mineral Sands Operation

MRC MRC Graphite Pty Ltd Graphite Pty Ltd

GRAPHITE PROJECT GRAPHITE PROJECT

51% Ownership of Munglinup Graphite Project under Joint Venture Agreement

Head Office Head Office Welshpool WA Operating Mine Operating Mine MSR Tormin South Africa MRC Exploration Australia MRC Exploration Australia Pty Ltd Pty Ltd

YANDEYARRA LITHIUM PROJECT YANDEYARRA LITHIUM PROJECT Indigenous equity participation

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SHARES ON ISSUE SHARES ON ISSUE 421,091,571 PERFORMANCE RIGHTS PERFORMANCE RIGHTS 3,800,000 MARKET CAPITALISATION MARKET CAPITALISATION A$67m @ A$0.16cps CASH BALANCE ASH BALANCE US$14.8M @ 30 Sept 2018 BORROWINGS BORROWINGS US$2.5M @ 30 Sept 2018

DANIEL HASTINGS DANIEL HASTINGS

BUSINESS DEVELOPMENT

19 years’ mining experience Ok Tedi | Newcrest | Equinox Allied Gold | Silver Standard

SURINDER GHAG SURINDER GHAG

TECHNICAL SERVICES MANAGER

21 years’ mining experience Atlas Iron | Nautilus Minerals | Ok Tedi Consolidated Rutile Limited

TONY SHEARD TONY SHEARD

CFO

33 years’ mining & engineering experience Iluka | WMC Resources

ROSS HASTINGS ROSS HASTINGS

NON-EXECUTIVE DIRECTOR GEOLOGIST

44 years’ mining experience BHP | Allied Gold | Placer Pacific Nord Resources

A PROVEN TECHNICAL AND A PROVEN TECHNICAL AND MANAGEMENT TEAM THAT HAS MANAGEMENT TEAM THAT HAS SUCCESSFULLY DELIVERED SUCCESSFULLY DELIVERED PROJECTS ON TIME AND ON PROJECTS ON TIME AND ON BUDGET BUDGET

MARK CARUSO MARK CARUSO

EXECUTIVE CHAIRMAN/ CHIEF EXECUTIVE OFFICER

37 years’ mining experience Allied Gold | FMG

SAIT UYSAL SAIT UYSAL

MARKETING MANAGER

12 years’ mining experience Syrah Resources Black Mountain Minerals Holding 3

FLETCHER HANCOCK FLETCHER HANCOCK

LEGAL COUNSEL

12 years’ legal advisory & mining experience Ashurst | Hancock Prospecting Pty Ltd

PETER TORRE PETER TORRE

NON-EXECUTIVE DIRECTOR/ COMPANY SECRETARY

23 years’ corporate, governance & mining experience Allied Gold | Aditya Birla Minerals

MANAGEMENT TEAM MANAGEMENT TEAM

AUSTRALIA | EXPLORATION AUSTRALIA | EXPLORATION

WA EXPLORATION WA EXPLORATION

• 6 granted and 2 pending

applications made over 5 areas prospective for lithium pegmatites, channel iron ore and copper-gold

• Option to purchase 1

00% of the Triple Eight vanadium deposit near Collie

• Option to acquire up to 90% of

Doolgunna copper-gold prospect

• Known brownfields mining areas
• Established road, rail and gas

infrastructure

• Budgeted Capital Expenditure

201 8 US$1 .0m

• Strategic commodity

diversification

• 1

,500m of RC drilling recently completed at Doolgunna targeting high grade gold. Results pending

PROJECT PROJECT INVESTMENTS INVESTMENTS

YANDEYARRA YANDEYARRA

• Lithium
• Granted E47/3884,

E47/3885 & E45/51 09

• Applications E47/391

6 GERALDTON GERALDTON

• Lithium
• Granted E59/2325,

E59/2326 GLEN FLORRIE GLEN FLORRIE

• Channel Iron Ore
• Application E08/2963

DOOLGUNNA / DOOLGUNNA / CAVE HILL CAVE HILL

• Copper/Gold
• Granted E51

/1 766 (1

)/

Application E51 /1 867 TRIPLE EIGHT HARVEY TRIPLE EIGHT HARVEY

• Vanadium/titanomagnetite
• Granted M70/888(1

)

SOCIALLY AND ENVIRONMENTALLY RESPONSIBLE SOCIALLY AND ENVIRONMENTALLY RESPONSIBLE

ENVIRONMENT ENVIRONMENT

MRCembraces through its operations:

• 1. World best practice environmental

standards

• 2. Track record of compliance with

environmental authorisation

• bligations

COMMUNITY COMMUNITY TRADITIONAL OWNERSHIP TRADITIONAL OWNERSHIP

MRCcommitted to Local Community:

• Social upliftment through contribution

to infrastructure and academic funding

• Economic upliftment through business

development/integration programs MRC acknowledges:

• Traditional Land Ownership
• Economic empowerment through

equity

• Partcipation/engagement in mine

development and operation

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YANDEYARRA LITHIUM PROSPECT YANDEYARRA LITHIUM PROSPECT

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➢ Joint venture equity participation ➢ Ownership of the project interest ➢ Control and influence concerning community development programs ➢ Point of contact - Yandeyarra Community and/or Yamatji Marlpa Aboriginal Corporation

THE KARIYARRA THE KARIYARRA PEOPLE PEOPLE

OPPORTUNITY FOR OPPORTUNITY FOR

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TENEMENTS TENEMENTS

MRC Exploration Australia Pty Ltd has applied for 4 exploration licences:

• E47/3884
• E47/3885
• E47/391

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• E45/51

09 The tenement areas are highlighted in yellow on the plan to the right

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PROCESS PROCESS

PHASE ONE PHASE ONE – 1 months 1 months Negotiate Traditional Landowners Negotiate Traditional Landowners ’ Equity Equity

• Negotiate Heritage Agreement
• Heritage surveys
• Mapping

PHASE TWO PHASE TWO – 3 months 3 months Drilling Drilling

• Define size and grade of deposits
• Kariyarra observers and surveys as

required PHASE THREE PHASE THREE – 6 months 6 months Feasibility study Feasibility study

• Resource determination
• Community engagement

PHASE FOUR PHASE FOUR – 3 months 3 months Mining Proposal

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PROPOSAL PROPOSAL – TRADITIONAL LANDOWNER EQUITY TRADITIONAL LANDOWNER EQUITY

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MRC EXPLORATION MRC EXPLORATION AUSTRALIA AUSTRALIA PTY PTY LTD LTD 75 75% TRADITIONAL TRADITIONAL LANDOWNERS LANDOWNERS 25 25% % YANDEYARRA LITHIUM YANDEYARRA LITHIUM PROJECT SPV PROJECT SPV 100% 100%

• Equity issued to TO trust upon decision to

mine

• Equity is funded out of future project

cashflows

• Immediate royalties from commencement of

production and dividends to flow upon commencement of profitable operations

• Preferential procurement, employment and

service entitlements

• Responsible for funding Project through to

decision to mine

• Responsible for Social Labour Upliftment

Programs and training of TOs

MAKING HISTORY

TOGETHER TOGETHER

SKILLS & VALUE SKILLS & VALUE TRANSFER TRANSFER

• Traditional employment
• Local spending
• Building a partnership

EMPOWERMENT & EMPOWERMENT & ENTITLEMENT ENTITLEMENT

• Capacity and Qualifications
• Visibility
• Self-esteem

TRADITIONAL OWNERSHIP TRADITIONAL OWNERSHIP

THE FUTURE OF AUSTRALIAN INDIGENOUS MINING THE FUTURE OF AUSTRALIAN INDIGENOUS MINING

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Tormin Mineral Sands Operation South Africa South Africa