February Investor Series: Lithium...Zinc...Gold

Event

Title:
February Investor Series: Lithium...Zinc...Gold
When:
Fri, 17. February 2017
Where:
Perth, WA
Category:
National Mining Chronicle Events
Created by:
Jack McGinn

Description

FEBRUARY INVESTOR SERIES

Lithium … Zinc … Gold

These are widely tipped to be the three hot metals of 2017. 

So Resources Rising Stars is starting our 2017 Investor Luncheon Series with a high-growth stock from each of these sectors. 
 

Friday, 17th February 2017


WHERE: Frasers Kings Park, Fraser Ave, West Perth
TIME: 12.15pm - 2.30pm
(first presentation starts at 12.30pm)
  • Lithium: Kidman Resources (ASX: KDR) was one of the stand-out success stories of 2016 thanks to its discovery of the world-class Earl Grey lithium deposit in WA. Earl Grey has already been established as one of the largest hard-rock lithium deposits in the world. Studies are now underway to fast-track production and revenue, while minimising costs, using the nearby Lake Johnston processing plant.
  • Zinc: The recent closure and mothballing of some of the world’s biggest zinc operations has sent the zinc price on a tear … and analysts say it is just getting started. Investors hungry for a slice of the action will soon have another zinc stock available to them in the form of Todd River Resources (allocated ASX Code: TRT). As a spin-out from TNG Ltd, Todd River boasts a portfolio of highly promising zinc assets in the Northern Territory. With drilling programs already planned, Todd River offers investors exposure to both the zinc price and an extensive exploration program over coming months.
  • Gold: Kin Mining (ASX: KIN) is set to complete the Definitive Feasibility Study on its Leonora Gold Project in WA by the middle of this year. The recently-completed updated Pre-feasibility Study found that Kin stands to be a high-margin ~50,000 ounce-a-year producer for a capital outlay of just $35m. All-in sustaining costs are forecast to be A$1084/oz and first gold is scheduled for the middle of next year.
Registration is free for all genuine investors and includes a two-course lunch, beer, wine and soft drinks. Places are strictly limited, so contact Read Corporate on 
(08) 9388 1474 or email This email address is being protected from spambots. You need JavaScript enabled to view it. today to secure your seat.
Kidman Resources
ASX: KDR - Market cap: ~$165M – Shares on Issue: 315.9M
Presenter – Martin Donohue, Managing Director
It’s been a stellar 12 months for the global lithium sector, with surging growth in the lithium-ion battery sector driving unprecedented demand for the metal, particularly in China.
 
One of the most exciting new entrants to the sector is Kidman Resources (ASX: KDR), which has taken its world-class Earl Grey lithium deposit in the Forrestania region of Western Australia from maiden discovery to Tier-1 resource in less than five months.

With a current resource of 128 million tonnes grading 1.44% Li2O, Earl Grey is already established as one of the largest hard rock lithium deposits in the world, rivalling the giant Pilgangoora deposit in the Pilbara region. And with additional high-quality exploration prospects delivering a further Exploration Target of 75-100 million tonnes, there's still enormous exploration upside.

In addition, Earl Grey offers the potential for a low-cost, fast-tracked development pathway for Kidman, with a granted Mining Lease and extensive infrastructure already in place.

A Feasibility Study is scheduled for completion in early 2017, with drilling also set to continue throughout the year to further expand the resource base. 
 
Todd River Resources
Allocated ASX ticker: TRT 
Presenter – Paul Burton, Technical Director
Following a string of recent mine closures, zinc was the top performing commodity of 2016 and looks set to continue its impressive run, already up by a further 8% since the start of the New Year.

With very few opportunities currently available on the ASX, investors will soon have a new opportunity to capitalise on zinc's exciting growth outlook, with the upcoming Initial Public Offering (IPO) of Todd River Resources (allocated ASX Ticker: TRT).

A former subsidiary of ASX-listed vanadium developer TNG Ltd (ASX: TNG), Todd River Resources has emerged holding the largest base metal exploration portfolio in the Northern Territory, with a project portfolio ranging from advanced near-term development assets through to grass-roots exploration.

The Company is planning to launch a $5-7M IPO in February to underpin an aggressive exploration campaign across 2017 aimed at establishing the Company as a leading force in Australian zinc exploration and development. A Prospectus for the IPO is expected to be lodged shortly.

Todd River Resources’ asset portfolio includes:
  • Manbarrum: 22.5Mt JORC 2012 Mineral Resource at Sandy Creek and historic 20Mt JORC 2004 Resource at Djibitgun
  • Mount Hardy: Thick zones of high-grade zinc intersected in multiple EM and IP geophysical targets
  • McArthur River: 25km zinc-lead-silver-copper anomalous zone, with surface grades up to 48% copper
  • Stokes Yard: Up to 22.5% Zn from surface rock sampling in the Warumpi Province west of Alice Springs
  • Plus a further nine projects prospective for copper, gold, zinc, lithium, tantalum and tin
For a brief overview of Todd River Resources, click here to view the Pre-IPO Advice Flyer. 
 
Kin Mining
ASX: KIN - Market cap: $21.7M – Shares on Issue: 114.4M
Presenter – Don Harper, Chief Executive Officer
Kin Mining (ASX: KIN) is plotting a rapid path to near-term gold production, with a Definitive Feasibility Study on the Company’s Leonora Gold Project (LGP) in the North-Eastern Goldfields of Western Australia on track for completion by mid-year.

A Pre-feasibility Study completed in December concluded that the LGP is technically viable and economically robust, with a forecast production profile from open pit sources commencing at a rate of 43,000 ounces per annum, and rising to 52,000ozpa by Year 3. Life-of-mine all-in sustaining costs (AISC) are forecast to be A$1,084/oz. Capital costs are estimated to be approximately A$35 million, with a capital payback period of approximately 18 months.
 
The initial mine life stands at approximately 6.5 years with a Production Target of 6.8 million tonnes grading 1.54g/t gold for 309,000 ounces of recovered bullion. There is significant potential to grow the mineral resource with a corresponding increase in mine life on the back of exploration at and around known deposits and advanced exploration prospects within the project area.

Results from the Company's latest drilling programs have already proved very encouraging, with in-fill drilling results expected to upgrade a significant portion of the Resource to the Indicated category as part of the Feasibility Study, and extensional drilling highlighting the strong potential to significantly grow the inventory and mine life at Leonora, further boosting the project's economic credentials.


Venue

Location:
Frasers Kings Park
Street:
Fraser Avenue
City:
Perth
State:
WA
Country:
Australia