aam company presentation march 2018 - access asia mining
TRANSCRIPT
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
explorationexploration
• 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
owner 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 areascovering >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
SAGAING
MANDALAY
Myanmar Gravity
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
EAST SHAN
BAGO
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 occurrences and small scale mines occurrences 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 arcextension 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 populationexploration 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
of political isolation
How big is 5,500 sq km?
of 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
• For further information please contact:
Paul L’herpiniere
– +64 210 830 4493– +64 210 830 4493
– Access Asia Mining Pte Ltd
8 Robinson Road
#03-00, ASO Building
Singapore, 048544
– www.accessasiamining.com