QIM Development plan - 24 Oct 2014

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Queensland Industrial
Minerals Holdings Ltd
Project
Development Plan
QIMH
Development Plan
Queensland Industrial Minerals Holdings Ltd
QIMH
Prepared
in
October 2014
2
Company Structure
Queensland Industrial Minerals Holdings
Ltd (QIMH)
(1) A unlisted public
company
Queensland Industrial
Minerals
Holdings Ltd (QIMH)
(2) 76 shareholders
An unlisted public company
(3) Issued share numbers: 117,058,447
100% ownership of
Queensland Industrial
Queensland Industrial Minerals Pty Ltd (QIM)
Minerals Pty Ltd (QIM)
An operating entity
An operating entity
100% ownership of
Wateranga Project
100% ownership of
EPM 13278
77.6 km2
MDL 355
15.47 km2
MLA 80116
14.97 km2
3
The Board of Director
Chairman & Director
David Li
Non- Executive Directors
Felix Cheung
Harry Mavrolefterou
Yi Wei Shi
Company Secretary
Tony Tao
Ian Mitchell
4
Tenement
EPM 13278
Size: 77.6 km2
Date Granted: 06 March 2001
Minerals Sought: All Minerals other than
coal
Location: 25km SE of Mount Perry Town
MDL 355
MLA 80116
Size: 14.97 km2
Term Sought: 50 Years
Minerals Sought: Ilmenite, Feldspar, Apatite,
Zircon, Iron-Magnetite, Corundum, Rutile and
Scandium
Size: 15.47 km2
Date Granted: 01 August 2004
Minerals Sought: Ilmenite, Feldspar, Apatite,
Zircon, Iron-Magnetite, Corundum, Rutile and
Scandium
Location: 25km SE of Mount Perry Town
5
Development Overview
Development Overview
 Environmental Impact Statement (EIS) was lodged on 05 April
2013.
 CHMP was approved by QLD Government on 03 September 2014.
 EIS was approved and Draft EA (MLA 80116) was received on 19
September 2014
 Mining Lease Application (MLA 80116) is to be approved in due
course in accordance with statutory timeframe.
 MLA 80116 Underlying Land Parcel - Native Title extinguished
 New drilling program is started in Northern tenement.
6
Construction & Mining Plans
Construction Plan
 Mine Construction expects to commence in 2015.
 High Level Process Plant Design is completed and verified by
independent third party expert.
 Detailed modular plant has been confirmed.
 Plant & Equipment suppliers have been identified.
 Capex ranges have been verified.
 Potential EPC has been identified.
7
Construction
Plan
Plant & Infrastructure
Mine & Infrastructure
Design Document Generation
Detailed Mine Design
Detailed Design
Mine Schedule
Tender Packages
& Procurement
Waste Management Plan
Tender Packages
& Construction
Procurement & QA
Commissioning
& Operation
Mining
8
Mine Plan
9
Mining & Backfilling Sequencing
10
ASX Listing Plan
Investment Highlights
 IPO – BBY Lead Manager for ASX Listing
Australia’s largest independent stock broker
 Significant high grade JORC Resource
69Mt JORC classified resource @ 5.1%
 Upside from Additional Resource
Drilling in the contiguous northern section indicate significantly higher resources at
higher yields. Initial estimates indicate a further 40Mt of additional resource.
 Low Cost Operation
Minimal overburden with no drilling and blasting required
 Simple Processing Flow sheet
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ASX Listing Plan
Investment Highlights
Close Proximity to Existing Infrastructure
(1) Located next to the Burnett River
(2) 150km to Port of Bundaberg for shipment
(3) 2 economical routes to be chosen to haul without further refurbishment.
 Advanced Regulatory Approvals
 Expected Strong Cash flows & Investor Returns
(1) NPV of $25M before capital raising
(2) Expected potential IRR over 60%
(3) Expected Payback period less than 3 years
 Attractive Discount for Pre-IPO Subscription
12
Key Infrastructure


1
Power
3
Road
Access
2
Water
4
Port
Access &
Facilities
13
Power
KMS-1000KW C2G Diesel Generator Set is
equipped with Cummins KTA38-G9 diesel
engine made by CCEC Cummins Engine
Company, Ltd. as original power. It is
consisted of three-phase pure copper
brushless AC alternator.
Cummins 1000KW C2G DIESEL
GENERATOR SET
Besides Solar Power, a KMS-1000KW
DIESEL GENERATOR SET will be our
power alternative before the
Government's power line stretched into
out sites a few years later.
14
Water
15
Road Access
Northern route to
Bundaberg port - 150km
The most economical
route is travelling north
from the site to
Bundaberg Port by road
via Mt Perry and
GinGin.
16
Port Access & Facilities
Memorandum of Understanding has been signed with
Queensland Sugar Limited (Port facilities owner) and Port
authority in term of the utilisation of Bundaberg BST
Shiploading Facilities for mineral sands exports and land
for further development.
QIMH will have privilege to its loading facilities
and indoor pile sites.
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Wateranga
Project
Sydney
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