diversified junior exploration company March 2018

Transcription

1 diversified junior exploration company March 2018

2 Forward Looking Statements This presentation contains certain forward-looking statements, including, but not limited to, the statements regarding the Company s strategic plans, its anticipated benefits and the use of proceeds resulting thereof, in particular, future financial results, production targets and timetables, the evolution of mineral reserves and resources, mine operating costs, capital expenditures, work programs, development plans, exploration programs, objectives and budgets, the possible determination of additional reserves, and the Company's eventual success to execute its strategy to focus on building its portfolio of properties. Forward looking statements express, at this date, the Company s plans, estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with fluctuations in the market price of metals, mining industry risks, exploration risks, risks associated with foreign operations, environmental risks and hazards, uncertainty as to calculation of mineral reserves, requirement of additional financing or additional permits, authorizations or licenses, risks of delays in construction and production and other risks referred to in the Company s Annual Information Form. Claude Dufresne, P. Eng, acted as the qualified person as defined in National Instrument He reviewed and approved the technical and scientific content of this presentation. 2

3 Introduction Niobay Metals Inc. is a mineral resource exploration company listed on the Toronto Venture Exchange (TSX-V) Symbol: NBY. Market Capitalization of 14M$ w/ 46 M shares outstanding. NioBay CEO is a world expert in the niobium world. Company focus: Prime Focus: Development of Green Critical Metals. Secondary Focus: Exploration assets in Base Metals & Gold. Recent Activities: Acquisition of the James Bay Niobium Project in Ontario, Canada. Option La Peltrie Project (base metals & gold) from Midland Explorations. 3

4 Company Profile STOCK INFORMATION ($CAD) Symbol NBY Exchange TSX-V Market Cap $12 M Shares Outstanding 45.7 M 52-week high $ week low $0.11 Cash (March18, 2018) LARGEST SHAREHOLDERS Osisko Gold Royalties 20% Toronto based High Net Worth 16% Caisse de Dépôt & Placement Inc 6% Management 6% $3.3 M DIRECTORS & MANAGEMENT Serge Savard, ex NHL Businessman, Real Estate Claude Dufresne, P.Eng +15 years niobium biz, Iamgold Alain Krushnisky, CA Highland Copper, Reunion Gold Jean-Sébastien David, P.Eng Ariane Phosphate Inc, Osisko Raymond Legault Retired Financial Advisor Jacques Bonneau, Geo Ex Co-owner Niobec Mine Chairman President & CEO CFO Director Director Director Updated March 15 th,

5 Niobium Current Applications Niobium s main application is to Strengthen high-strength-low-alloy steels by maintaining its other properties such as : Weldability, Flexibility, and Toughness. 300g Nb decreases total vehicle mass by 200kg (1) Fuel Economy Emissions Gas/Oil transmission pipelines Superconductor High Strength Light weight MRI Structural Steel Turbines (1) 5

6 Niobium Innovation and Development Toshiba Battery Toshiba New EV battery with possible range of 320 km with a 6-minute charge. Anode made of a niobium-titanium oxide, replacing graphite. Estimated market entry : 2019 Aluminum Grain Refinement Niobium- Boron alloy to Aluminum in vehicle parts for example: Potential Weight Loss 30% with no loss of strength Increased Toughness and Mechanical properties 6

7 g FeNb / t Steel Niobium - Demand China will drive the demand South Korea Crude Steel vs Niobium Intensity 2017 Americas 80 Japan 60 Europe & CIS India FeNb consumption increased +25% from China , , , , , , , , ,000 Note: Size is relative to Total consumption Crude Steel Output (Mt) Source: Camet Metallurgy Inc 7

8 Global Supply Only 3 producers sharing global demand for over 40 years Other countries rely 100% on imports Niobium Market Distribution (2017) 11% Resources (M tonnes) % 75% Grade (%Nb 2 O 5 ) Recovery 64% 42% 61% Location M&A (USD million) Sold 2015 $500 Sold 2016 $1,700 Sold 30% 2012 $3, Anglo American Fact Book December 2010 Reserves & Resources 2,400 without backfill on block 5 Reduction of 20M tons over the last 7 years 8

9 Project Location James Bay Lowlands, North Eastern Ontario, Canada 40 km South-East of the town of Moosonee 110 km North-West of the Detour Gold mine 9

10 James Bay Niobium s History Discovered in holes - 14,000 meters of drilling at an average depth of 170 meters. Historical estimate of % Nb 2 O 5. Open at depth. Major exploration work carried in 1968 & 1969 Exploration shaft (~40m ) & a 76m cross-cut. 225t extracted for metallurgical testing (pilot plant). SGS Lakefield Research carried out pilot metallurgical tests Overall recovery of 78%, very low impurities, and high grade concentrate. Feasibility study completed by Bechtel Canada in 1969 All historical technical documents & drill cores are available Capital required: Today s value of historical works estimated at $25 M. Note: NioBay Metals has not yet undertaken the work necessary to verify or classify the historical estimates. Economic studies completed in the 1960s does not mean the James Bay Niobium deposit would be found to be economic today. NioBay Metals is not treating the historical results as a current mineral resource nor ashaving been verified by a qualified person. 10

11 Recents activities on JBN project Relogging 12 drill holes from the historical surveys. Assaying over 700 samples from historical drill holes. Assays results are in-line with historical assays. Metallurgical testing of historical samples to validate historical met results. Initial tests show improved results with recoveries as high as 80%. Production of a Mineral Resource Estimate (NI ) by Roscoe Postle Associates Inc. NioBay is continuing its efforts to engage with the leadership of the local first nation group. The local Chief does not support resource development projects, however many community members are forcing the leaders to discuss with NioBay. Next step: To begin a Preliminary Economic Assessment of the project. Seeking a strategic partner/investor to support the development of JBN. Relogged & reassayed holes 11

12 275 m Mineralized Zone View from NWW Mineral Resource Estimate (43-101) Classification (cut-off 0.3%Nb 2 O 5 ) Tonnes (mt) Grade (%Nb 2 O 5 ) Contained Nb 2 O 5 (Mkg) %Nb 2 O 5 Indicated Inferred Open at depth 12

13 James Bay Niobium Benchmark James Bay Niobium Niobec Catalao Araxa Owner Location Ontario, Canada Quebec, Canada Brazil Brazil Market Cap USD 9 M USD 500 M USD 3 1,700 M USD 2 14,000 M Resource (M tonnes) Resource Grade (%Nb2O5) 0.52% 0.53% 0.93% 2.50% Recovery 78% 64% 42% 61% Prod. Capacity (Nb) (tonnes) ~4,000 6,000 9,000 70,000 Opex (US$/kg Nb) Expected = Niobec 22 ~ 20 ~10 Recoverable Unit (Nb 2 O 5 kg/tonne) James Bay Niobium Niobec Catalao CBMM Recovery % Source: Company reports RPA Mineral Resources Estimate w/ 0.3% Nb2O5 cut-off 2. Based 2012 transaction with Asian partners acquisition included a phosphate asset. Acquisition based on 10X EBITDA 4. Anglo American Fact Book December 2010 Reserves & Resources 2,400 without backfill on block 5 Reduction of 20M tons over the last 7 years 13