nevado resources corporation brings power strait from the earth
TRANSCRIPT
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
1/19
NEVADO RESOURCES CORPORATION VDO-V
Corporate Presentation
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
2/19
FORWARD
LOOKINGSTAT
EMENTS/CORPO
RATEINFORMAT
ION
Forward-Looking Statements
Certain information regarding Nevado Resources Corporation, including the assessment of future plans and operation, may constitute
forward-looking statements under applicable securities law, and necessarily involve risks, including but not limited to risks associated with
mineral exploration, operating costs, production costs, volatility of share prices, currency fluctuations, imprecision of 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 statements. Plans, intentions orexpectations disclosed in any forward-looking statements or information should not be read as guarantees of future results or events, and
will not necessairly be accurat indications of whether or when or by which such results or events will be achieved. Except as required by
law, the authors expressly disclaim any intention and undertakes no obligation to update any forward-looking statements or information as
conditions change.
Ticker TSX-V: VDO
Shares Outstanding 47.3 million
Options 3.8 million
Warrants 17.9 million
Fully Diluted Shares 69.0 million
Share Price C$ 0.10 C$ 0.74 (52 week)
Market Cap 14 million (@ C$ 0.30/share)
Cash C$ 4.0 million
Debt Nil
Corporate Information
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
3/19
HIGHLIGHTS
Highlights
Canadian junior mining exploration company (TSX-V: VDO)
Qualifying Transaction in Q4 -2009
Focused on the exploration and development of mineral exploration projects
Liquidity C$ 4 million in cash
Strategic Industrial Metals in Iron, Titanium and Vanadium
Main asset is the 832 claims / 450 km2 La Blache Iron-Titanium-Vanadium Project
Nearing completion of 25,000 metres drill program
16,000 metres tested the highly prospective Farrell-Taylor Occurrence
Near term plan to deliver NI 43-101 compliant mineral resources
Follow up to deliver a Bankable Feasibility Study in 2012
Highlights
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
4/19
MANAGEM
ENTANDDIRECTORS
Management
Michael Curtis, Director, St-Eustache, Qubec
President and Chief Executive Officer
Mr. Michael Curtis has over 35 years of experience in the Canadian financial industry in the areas of trading, research, corporate finance
and the management of public companies. In 1998, he founded and became President and Director of Cardwell Capital Inc., a private
investment and trading corporation that invests in small and mid-capitalization public companies trading in North American markets. Hewas also a director of Argex Silver Capital, MD Multimdia Inc., VVC Exploration Corporation, AAER Inc., Holding Cl dOr Inc., He has been
President, Chief Executive Officer and Director of Roadrunner Oil and Gas Inc. (now Bowood Energy inc) and of Pershimco Resources Inc.,
Mr. Curtis is presently a Director of eShippers Management Ltd., Cellstop Systems Inc., and Quinto Real Capital Corporation.
Marcel Bergeron, Director, Montreal, Qubec
Chief Financial Officer
Marcel Bergeron is a member of the Ordre des comptables agrs du Qubec and of the Ordre des comptables en management accrdits
du Qubec. Mr Bergeron began his career with the accounting firm Petrie Raymond, LLP specialized in the SME sector. Following almost 30
years of practice and having held significant management positions, Mr. Bergeron left the firm to join Devimco Inc., a commercial realestate development corporation, as General Director from June 2006 to June 2009. Since 2009, Mr. Bergeron acts as financial consultant.
In addition to his accomplished public accounting career, Mr. Bergeron also sits on the Board of Directors and Audit Committees of mining
corporations, namely Strateco Resources Inc., Matamec Explorations Inc., the capital pool companies Kilkenny Capital Corporation and
Quinto Real Capital Corporation, and sat on the Board of Directors and Audit Committees of two other mining corporations, namely MDN
Inc. and Fairstar Explorations Inc. Mr. Bergeron is also the Vice President of Finance of Northern Precious Metals Management Inc.
Jean Lafleur, M.Sc., P. Geo., Laval, Qubec
Mineral Exploration Consultant
Mr. Lafleur is a Professional Geologist with 30 years of experience in various capacities within the mineral exploration industry. He received
B.Sc. and M.Sc. in Geology from the University of Ottawa, and has been active in Canada and internationally, with a wide range of industry-
leading mining companies, such as Newmont, Falconbridge and Placer Dome. Since 2003, he has been a mineral exploration consultant
leading teams in the search for gold, base metals, nickel, PGEs, uranium, titanium and iron in eastern Canada and abroad. From 2003, he
was an executive, director and/or technical advisor in a number of junior exploration companies . Mr. Lafleur is currently a Director of
Pershimco Resources. He is also a Technical Advisor to Jourdan Resources.
Management
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
5/19
MANAGEM
ENTANDDIRECTORS
Management
Dr. Michael Dry, Peterborough, Ontario
Metallurgical Consultant
Dr. Dry is an expert in the conventional and innovative metallurgical circuits applied to the recovery of valuable metals from ores and
wastes, particularly, in the hydrometallurgical processing technology. He has over 30 years experience in hydrometallurgy with 5 years
managing the applied research side. He obtained his PhD from the University of the Witwatersrand in Engineering and a B.Sc. from theUniversity of Cape Town in Chemical Engineering. He is a Member of the CIM Metallurgical Society, Hydrometallurgy Section Committee
Andr Bergeron, Director, Verdun, Qubec
Andr Bergeron graduated from the University of Montreal with a law degree and he was admitted to the Qubec Bar in 1974. Specialized
in Labour Law, Mr. Bergeron has been acting as an arbitrator in labour relations since 1979. Mr. Bergeron was also Director of three (3)
Capital Pool Companies that have completed their Qualifying Transactions, namely, Sonus Venture Capital Corporation (Ace/Security
Laminates Corporation since the completion of its Qualifying Transaction), from May 2001 to May 2004, Pamerica Corporation (Wanted
Technologies Corporation since the completion of its Qualifying Transaction), from February 2004 to October 2005, and Laurent Venture
Capital Corporation (Carbon2Green Corporation since the completion of its qualifying transaction), from February 2006 to February 2011.Mr. Bergeron was also Director of Ace/Security Laminates Corporation from May 2004 to May 2005 and Exploration First Gold Inc. from
November 2006 to February 2008. He has been a Director of First Gold Exploration Inc. since November 2006. Mr. Bergeron is presently a
Director and the President and Chief Executive Officer of Woden Venture Capital Corporation.
Rick Bonner, Director, Westport, Ontario
Rick Bonner is a registered professional geologist. His exploration experience was gained during 35 years while working on six continents
exploring for gold, base metals, diamonds and uranium for senior and junior mining companies, including Diavik and BHP Billiton. Mr.
Bonner was a co-founder of Westport Resources Namibia and was responsible for the delivery of the Valencia Uranium Deposit to the
mine development stage. He is also a member of the Institute of Corporate Directors (ICD) and is an Independent Director experienced onseveral junior mining companies board of directors. Mr. Bonner currently sits on the board of directors of Augustine Ventures Inc. and Key
Gold Holding Inc. and was also a director of Delta Uranium Inc. Mr. Bonner is a Qualified Person as per 43-101 Guidelines.
Directors
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
6/19
MANAGEM
ENTANDDIRECTORS
Management
Philippe Frre, Director, St-Lambert, Qubec
Philippe Frre is a graduate of Collge Jean-de-Brbeuf and Universit de Montral and has been called to the Quebec Bar in 1984. The
same year, he joined Lavery, de Billy, L.L.P., and became partner with the firm in 1991. His practice is mainly devoted to administrative
litigation, labour law and professional law. Over the years, he has gained solid experience in all areas of labour law, including collective
agreement negotiations and labour litigation in the private and public sectors. He also has extensive knowledge of pharmacy law, includingfederal and provincial laws and regulations pertaining to drugs marketing and distribution, provincial formularies, private and public drug
insurance coverage and regulatory affairs. He has represented and advised numerous drug manufacturers and distributors in complex
litigations and regulatory matters. He also acts on a regular basis as legal counsel to a number of private and public clients, including
professional orders and matters related to administrative litigation, legislative drafting, constitutional law, judicial review and injunctions.
He was also a Director of a Capital Pool Company that has completed its Qualifying Transaction, namely Cyclonic Investments Corporation
(Imaflex Inc. since the completion of the Qualifying Transaction), from November 1996 to June 2002. Mr. Frre also sits on the Board of
Directors of Quinto Real Capital Corporation, a capital pool company.
Louis Ploquin, Director, Lorraine, QubecMr. Ploquin graduated in 1980 from Universit Laval, in 1984 from Universit de Montral with a law degree and in 1987 from New York
University. He was admitted to the Qubec Bar in 1985 and to the New York Bar in 1988. Mr. Peloquin is a business consultant combining
several specialties, including transactional law, and has extensive international experience in management, mergers and acquisitions,
corporate development, government relations and corporate finance. Mr. Peloquin has developed a solid expertise in natural resources
with over ten years experience as senior executive at major mining companies in Canada and the United States. Mr. Peloquin was a
member of the management committees and senior executive of one of the largest mining companies in Canada and of an international
mining company based in Denver, Colorado with operations in Africa and South America. Mr. Ploquin is also an instructor at the Faculty of
Law of the Universit de Montral.
Directors
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
7/19
PROPERTY
LOCATIONS
ManagementProperty Locations
FERMONT IRON PROJECT
LA BLACHE IRON-TITANIUM-VANADIUM PROJECT
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
8/19
LA BLACHE VANADIUM-IRON ORE-TITANIUM PROPERTY
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
9/19
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
10/19
LABLACHE
VANADIUM-IRO
NORE-TITANIUM
PROPERTY
Field Work
During the summer-fall 2010 exploration program, NEVADO announced the discovery of several new Iron, Titanium and Vanadium lenses
which are characterized by massive magnetite-ilmenite in outcrops. NEVADO owns 832 claims / 450 km2 in the La Blache Iron-Titanium-
Vanadium Project.
Seven (7) new massive magnetite-ilmenite lenses were discovered by inferring that the known Hervieux East, Hervieux East Extension,
Hervieux West and Schmoo Lake occurrences appears to be aligned within a 200 m wide zone. The zone is part of a 45 km long corridorforming the perimeter of an 18 km by 10 km ellipse.
The massive magnetite-ilmenite lenses range from a range of 1 m to 25 m in width and 25 m to 450 m in length. Average grades for the
massive lenses are in the range of 60% to 63% Fe2O3 (42.0% to 44.1% FeT), 16.5% to 19.5% TiO2 and 0.07% to 0.17% V2O5
Highlights From Field Work
Occurrence
name % Fe2O3
Average grades
% FeT % TiO2 % V2O5
Massive magnetite-ilmenite lenses
Hervieux East
Extension
63.1 44.1 19.4 0.112
Hervieux
North
Extension
61.9 43.3 16.7 0.17
Farrell-Taylor 63.5 44.4 18.7 0.10
Zorro-Leduc 63.5 44.4 17.4 0.11
Leduc-Farrell 60.0 42.0 19.6 0.07
E. Girard 61.9 43.3 16.5 0.11
Disseminated magnetite-ilmenite (5% to 50%)
Lac La Blache
west
13.5 9.4 3.6 0.08
The summer 2011 prospecting program found 18 new surface
massive oxides lenses. Highlights of the program include:
Vertical to sub-vertical dykes and large veins of massive oxides
ranging from 5 to 400 metres in observed length and 3 to 7 m
wide;
Horizontal to sub-horizontal lenses, sills and veins of massive
oxides ranging from 3 to 750 m in observed length, and 50 to
900 m wide;
The 18 new massive oxides discoveries are distributed within 6
kilometric sized target ellipses or rings, some as sub-rings to the
original 45 km long La Blache Ring of Iron-Titanium-Vanadium
and others associated with one new ring, the 16 km long La
Blache East Ring of Iron-Titanium-Vanadium;
Further synthesis work has demonstrated that each massive
oxides occurrence are part of larger systems based on the
topographic, lineament, geological and geophysical trends,
ranging from 400 to 4,000 m in potential length for the vertical
lenses, and 700 to 3,000 m in potential length and 50 to 900
metres in potential width.
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
11/19
LABLACHE
VANADIUM-IRO
NORE-TITANIUM
PROPERTY
Metallurgical WorkHighlights From Drilling
DDH #
Azimuth
Dip ()
Length (m)
Massive
oxides(m)(1)
%
Fe2O3
%
FeT
%
TiO2
%
V2O5(2)
FT-10-01 180 / -70 / 223 33 64.5 45.1 17.7 0.07
116.2(3)
32.7 25.5 9.7 0.09
FT-10-02 180 / -70 / 192 23 58.9 41.1 17.5 0.12
37.9(3)
48.0 33.6 13.4 0.09
FT-10-06 000 / -55 / 205 19.9 59.7 41.7 17.5 0.11
32.6(3)
41.6 29.1 12.0 0.08
FT-10-08 000 / -55 / 316 89.7 58.9 41.2 17.9 0.08
130.5(3)
44.9 31.4 13.6 0.06
FT-10-04 180 / -70 / 291 81 59.2 41.4 18.1 0.09
96.5(3)
50.2 35.1 15.4 0.08
FT-10-05 180 / -70 / 233 62.6 59.8 41.8 17.9 0.08
153.2(3)
36.0 25.2 10.8 0.06
FT-10-07 000 / -55 / 307 48.1 62.0 43.3 19.1 0.09
116.5(3)
37.1 25.9 11.3 0.06
FT-10-09 000 / -55 / 359 10.2 63.4 44.3 18.9 0.09
4.1 63.5 44.4 18.6 0.14
2.5 64.3 45.0 18.2 0.15
28.5 59.4 41.5 18.4 0.10
220.5(3)
29.8 20.9 8.8 0.06
FT-10-11 000 / -55 / 271.0 2.4(3)
23.0 16.1 5.9 0.09
FT-10-13 000 / -75 / 322.0 37.5 63.0 44.1 18.8 0.08
59.4(3)
44.5 31.2 13.3 0.07
FT-10-14 330 / -55 / 320.0 1.2 63.5 44.4 17.6 0.06
5.9(3)
41.1 28.7 10.6 0.07
40.9(3)
15.3 10.7 4.68 0.04
FT-10-17 330 / -75 / 318.0 24.1 54.9 38.4 15.8 0.06
175.6(3)
23.4 16.3 6.6 0.04
FT-10-19 330 / -75 / 314.0 56.6 58.1 40.6 17.2 0.09
73.2(3)
50.6 35.4 14.9 0.08
FT-10-20 330 / -75 / 322.0 53.1 62.8 44.0 17.8 0.09
157.0(3)
34.3 24.0 9.8 0.06
The Corporation has
completed a fully permitted
and helicopter-supported 32
drill holes for 9,618 metres
drill program with the
objective of determining inthe first pass the full-size and
grade potential of the main
showing, the Farrell-Taylor
magnetite-ilmenite
occurrence, with the ultimate
objective of eventually
proving up significant near-
term iron-titanium-vanadium
mineral resources.Notes:
(1) Core lengths in metres of
massive oxides.
(2) V2O5 assay results
reported here used the ME-
MS81 preparation (Lithium
Borate Fusion) and assay
method.
(3) Wider intervals includedisseminated (>10%), vein
and semi-massive oxides
mineralization surrounding
the massive oxides.
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
12/19
LABLACHE
VANADIUM-IRO
NORE-TITANIUM
PROPERTY
ManagementLa Blach Iron-Titanium-Vanadium Property
1. Ilmenite-
Magnetite
Outcrop
2. Ilmenite-
Magnetite Core
3. Core Storage
2011 drilling
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
13/19
LABLACHE
VANADIUM-IRO
NORE-TITANIUM
PROPERTY
Metallurgical Work
The heart of the Nevados planned metallurgy campaign is Neomets unique and patented Acid Recovery and Regeneration Process, which
based on third party evaluations, operates at a fraction of the cost compared to more conventional and energy consuming technologies
such as pyrohydrolysis, especially when the latter is coupled with solvent extraction for Iron and/or Titanium. Simultaneously, the Neomet
Process produces higher grade hematite of greater than 99% purity (Iron oxide), which is a premium product suitable for the pigment
market or for processing into higher quality steels.
Leaching is a simple, rapid and effective process method, requiring no heat input, and able to operate at high solids loading, all of whichminimize both the capital and operating costs of the leaching circuit. Sufficient information has now generated to allow for a rigorous
process model to be compiled, which will enable both capital and operating costs to be estimated at the Preliminary Economic Assessment
level.
Highlights to date of the Stage 2 mini-plant campaign
The mini-plant circuit has been set up as a continuous operation process
High extractions of greater than 90% Titanium and Vanadium have been achieved
Titanium was easily and effectively precipitated directly from the leach liquor as TiO2 of purity greater than 98%;
TiO2 was easily upgraded to a product of greater than 99.9% purity in a second step, offering the option of marketing two product grades;
High purity Vanadium (greater than 99.9% pure as ammonium metavanadate or AMV) has been recovered;
QA/QC work revealed individual and interval assay grades almost four times higher than reported by NEVADO egs: a 27.6 metre interval
from drill hole FT-10-09 had originally yielded 0.10% V2O5 (using the ME-MS81 preparation and assay method), whereas control testing
using a different sample preparation protocol and assay method (using the ME-MS61 preparation and assay method) found 0.37% V2O5 in
the same interval;
The dissolution of the minor elements present in oxides mineralization (Aluminum, Magnesium, Calcium and Manganese) are not a cause
for concern in the Neomet process and may be opportunities for valueadded byproducts;
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
14/19
FERMONT IRON ORE PROPERTY
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
15/19
FERMONT
IRONOREPROPERTY
ManagementLabrador Trough Fremont Area
NEVADO has a direct property interest in 928
active mining claims in The Fermont region,
located in northeastern Quebec, Canada.
Those claims, covering over 470 km2, arecomprised of 3 major blocks contiguous to the iron
producers ArcelorMittal, Consolidated Thompson
and Champion Minerals.
The geophysical prospecting campaign of those
properties is set to begin in Q4 2011.
20 km
AMMC
Mt-
Reed
FERMONT
CHM
VDO
VDO
VDO
VDO
AMMC
Fire
Lake
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
16/19
COMMODITY PRICES AND MARKETS
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
17/19
COMMODI
TYPRICESANDM
ARKETS
Commodity Prices
V2O5 = 14,000 US$ per metric tonne
TiO2 = 3,800 US$ per metric tonne
Fe2
O3
= 160 US$ per metric tonne
Uses and Market Outlook
Vanadium is a soft, ductile, metallic element that is very corrosion resistant. Metallurgical applications account for about 90% of
consumption. The main non-metallurgical use is in catalysts. Mine production is confined to five countries of which China, Russia and
South Africa are the largest producers. In 2010 Chinese share in world production reached 40%. In 2012, the global vanadium market is
estimated to have a surplus which will start to reduce in size over the next few years. Prices in 2014 are forecast to reach US$10/lb for
pentoxide and US $45/kg for ferrovanadium, as the market prepares for a potential deflect in 2015. Although prices are forecast to
increase rapidly, Roskill expects prices to remain below the record highs seen in 2005. In real US$2010 terms, vanadium prices throughout
the forecast period are expected to remain below those seen in 2005. However, any issues which stop or delay vanadium reaching themarket could see a deflect caused, causing prices to spike.
Titanium dioxide is a key ingredient in paint production and currently is in short supply. As the demand for cars and other consumer
goods increases so does the demand for titanium dioxide. The global titanium dioxide sector ended 2010 with prices soaring through the
market. 2011 gains are reported to be significant as well. Current pricing expectations are founded on low inventory levels of pigment
starting paint season and poor supply brought on by scarcity of investment for several years. Such tight conditions on titanium dioxide
market would lead to rapid price escalation during 2012 and likely 2013. Over the next several years titanium dioxide producers and
feedstock suppliers will escalate margins in 2011 thereby by much controlling the pricing balance in the value chain.
Iron oxide is principally used in steel making with China and India being the main steel makers. An uncertain global growth outlook may
impact global steel production and thereby the Iron ore market; however, spot iron ore prices remain robust at this time. A key factor
supporting high spot iron ore prices is Chinas leading position in global steel production and its increasing reliance on the seaborne iron
ore market due to falling domestic iron ore grades. Some 49 potential iron ore development projects have the ultimate potential to
provide ~1.3Bt to the market, implying potential for future oversupply. However, the ability to deliver these projects remains a key risk.
Short term, the market should remain tight.
Sources: Merchant Research & Consulting Ltd., Roskill Information Services; BMO Global Research.
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
18/19
TIO2MAR
KET
Fiscal Year 2005 Annual ReportChange in Regional Demand (% of total global production) Titanium Dioxide Pigment Producers
89%
5%6% Pigment
Metal
Other
Titanium Dioxide Pigment Market
2007 2008 2009 2010 2011F 2012F 2013F 2014F
TiO2 Global Production 6,482 6,050 5,400 6,300 6,118 6,485 6,685 6,775
TiO2 Global Consumption 6,100 5.906 5,200 6,355 6,670 6,985 7,330 7,685
Surplus (Deficit) 382 144 200 -55 -552 -500 -645 -910
TiO2 forecast shortfall to 2015 (in thousands of tonnes)
Sources: Euro Pacific, TZMI, Credit Suisse Estimate
56%
23%
9%
4%3%2%2%1% Paint
Plastics
Paper
Specialities
Inks
Fibres
Rubber
Food/Pharma
22%
20%
13%10%
9%
7%4%
15%
China
Dupont
Cristal Global
Kronos
HuntsmanTronox
Sachtleben
Others
Titanium Dioxide Usage
-
8/3/2019 Nevado Resources Corporation Brings Power Strait From The Earth
19/19
CONTACTINFORMATION
Stock Chart (As of Oct. 26, 2011) TSXV VDO
Nevado Resources
Contact
Michael CurtisPresident and CEO
Tel: (514) 793-1915
Corporate Address
100 777 De La Commune Ouest, Montral,
Qubec H3C 1Y1
Tel: 514 303-7895 | Fax: 514 439-5709
www.nevadoresources.com
http://www.nevadoresources.com/mailto:[email protected]:[email protected]://www.nevadoresources.com/http://www.nevadoresources.com/