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TIVAN LIMITED — Investor Presentation 2010
Mar 22, 2010
65967_rns_2010-03-22_d8836694-36e5-4b13-8e51-5971407cec80.pdf
Investor Presentation
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OUTLOOK FOR 2010 Paul Burton Executive Director and CEO
Forward-Looking Statements
This presentation has been prepared by TNG Ltd. This document contains background information about TNG Ltd current at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or complete. Recipients should conduct their own investigations and perform their own analysis in order to satisfy themselves as to the accuracy and completeness of the information, statements and opinions contained in this presentation.
This presentation is for information purposes only. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of TNG Ltd shares in any jurisdiction.
This presentation may not be distributed in any jurisdiction except in accordance with the legal requirements applicable in such jurisdiction. Recipients should inform themselves of the restrictions that apply in their own jurisdiction. A failure to do so may result in a violation of securities laws in such jurisdiction.
This presentation does not constitute investment advice and has been prepared without taking into account the recipient's investment objectives, financial circumstances or particular needs and the opinions and recommendations in this presentation are not intended to represent recommendations of particular investments to particular persons. Recipients should seek professional advice when deciding if an investment is appropriate. All securities transactions involve risks, which include (among others) the risk of adverse or unanticipated market, financial or political developments.
To the fullest extent permitted by law, TNG Ltd, its officers, employees, agents and advisers do not make any representation or warranty, express or implied, as to the currency, accuracy, reliability or completeness of any information, statements, opinions, estimates, forecasts or other representations contained in this presentation. No responsibility for any errors or omissions from this presentation arising out of negligence or otherwise is accepted.
This presentation may include forward looking statements. Forward looking statements are only predictions and are subject to risks, uncertainties and assumptions which are outside the control of TNG Ltd. Actual values, results or events may be materially different to those expressed or implied in this presentation.
Competent Person’s Statement
The information in this report that relates to Exploration Results and Exploration Targets is based on information compiled by Paul Burton who is a Member of The Australasian Institute of Mining and Metallurgy and a Director of TNG Limited. Paul Burton has sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Paul Burton consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
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Strong financial position >$4.4m
Advanced exploration projects
Improved asset base
TNG Shareprice
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Focus on NT projects – Ferrous Non-Ferrous Precious Metals Discussions with Companies to develop projects Search new project acquisitions Geothermal Exploration applications
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Mount Peake Project – Ferrous
Mount Peake Project
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Highly Prospective Tenement Holding 100% TNG Iron – Vanadium –Titanium deposit discovered in 2008 JORC inferred resource: 140 mt @ 0.3% V205, 9% Ti02, 35% Fe Metallurgical work positive upgrading >1.2% V205, 18% Ti02, 55% Fe after low level mag.sep, crushing and grinding Recovery of Fe, V205 and TiO2 by Hydro-met processes Potential revenue from all 3 products Initial Scoping study by Snowdens = Positive
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Mount Peake Project – Quality and Quantity
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Vanadium
Vanadium (V) is a soft silvery, grey metal Commonly used in the hardening of steel. Vanadium demand driven by global steel production rates – set to INCREASE Price $10 USD / LLB ($17000/tonne) New future demand expected for battery cells
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Vanadium prices to increase (prices in USD / llb 2008 Price of $80 USD/LLB ($176,000 USD/t)
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Principal FUTURE uses:
Source: METS report for TNG.
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Stirling Deeps Project – Nickel Copper
Highly Prospective Area for Ni – Cu – PGM’s Potential layered mafic intrusion Numerous untested AEM and EM targets
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Mount Peake Project
Rock Chips
Cu max 1300 ppm
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Mount Peake Project – Stirling Deeps Ni - Cu
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New EM target BGC1 anomaly
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Plan for 2010:
Complete Metallurgical studies Bring in JV partner to develop project “STIRLING DEEPS PROJECT” - Test Nickel Copper targets
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Manbarrum Project – Base Metals
Emerging Base Metal District 100% TNG: 1500 km[2] land holding Excellent location Numerous base metal occurances Over 50mt inventory of combined Zn – Pb – Ag occurrences Exploration Target 100Mt
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Established 2 JORC
resources 16mt @ 3% Zn+Pb 20Mt @ 19 g/t Ag Sandy Creek resource estimate UP 54% Metallurgical work completed mineralisation at Browns Numerous targets remain untested
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Sandy Creek (Looking NE)
Estimated model coloured on ZN% grade
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Section looking north at 8297307 mN
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Steady firming of base metals prices in 2009 – Zinc forecast $3000/t USD
Source: KITCO
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Excellent infrastructure Kununurra Town – 80km
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Excellent infrastructure Wyndham Port – 150km
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Rover Project – Gold
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EL 25581. TNG 100%, WDR earning in to 80%
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Continue develop NT projects – Assess potential development New Resources - Mount Peake, Sandy Creek
Completion Metallurgical work - Mount Peake – Give Project Direction
Drilling of Rover Targets by WDR Continue potential JV discussions to develop projects Assess New project acquisitions
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