Document 6521454
Transcription
Document 6521454
Nevada Clean Magnesium, Inc. A junior mining company actively engaged in developing its 100% owned Tami-Mosi Magnesium Project Approximate claim boundary Dolomite outcrop on surface Nevada Clean Magnesium is focused on becoming a major U.S. producer and distributor of primary, high grade, low cost magnesium metal, extracted from its 100% owned Tami-Mosi property located in North Central Nevada. Based on the Company’s NI 43-101 Preliminary Economic Assessment Report (PEA) completed in late 2011, the Tami-Mosi Project has an estimated inferred 111 billion pounds of magnesium contained within a high purity dolomite block on the Project site covering over 1600 acres. Given that the dolomite lays at or near the surface, the Tami-Mosi Project will employ open pit mining to recover only 1.6% of the ore body, or 8.8 million tons of dolomite, over the 30-year mine plan. Today, magnesium is used in a diverse range of markets and applications, each one exploiting the unique physical and mechanical properties of the element and its alloys. In 2012, total world production of magnesium exceeded 770,000 metric tons and this figure is increasing annually as the lightweight properties of magnesium alloys are used increasingly in the automotive and aerospace industries as a means of reducing weight, increasing fuel efficiency and reducing greenhouse gas emissions. WHY INVEST IN NEVADA CLEAN? • Poised to become one of only two primary magnesium suppliers in the U.S. • Based on PEA, low capital cost of US$424 million for 30,000 metric tons of annual production of 99.9% pure Magnesium • PEA reflected low CAPEX of $424 million with payback term of 5.9 years • Pre-tax NPV (@6%) of US$547million with IRR of 16% • Long history of mineral mining in the region; established infrastructure in place – roads, rail, power and natural gas • “Opportunities Paper” listing additional significant savings and revenues • Highly experienced and accomplished management team and Board of Directors LEADERSHIP TEAM Edward Lee, Chairman and Chief Executive Officer James Sever, President and Director Rob Bailey, Chief Operating Officer and Director Annie Story, Chief Financial Officer Dan Koyich, Director Grant Smith, Independent Director Peter Stuntz, Independent Director CORPORATE HEADQUARTERS 15216 North Bluff Road, Suite 602 White Rock, British Columbia V4B 0A7 Canada Phone: 604-210-9862 www.nevadacmi.com IR/PR Contact: Hanover|Elite 407-585-1080 or via email at NVM@hanoverelite.com TSXV: NVM (In Canadian Dollars) OTC Pink: MLYFF (in US Dollars) $0.01 $0.01 126 126 Market Capitalization (mm) $1.26 $1.26 Warrants (mm) 14.85 14.85 Options (mm) 2.38 2.38 Recent Share Price Shares Issued & Outstanding (mm) PROJECT PARAMETERS* DESCRIPTION OUTCOME Capacity 30,000 metric tons Mg annually Operating Cost US$1.28 Per Pound Mg Capital Cost $424 million Mine Life in Economic Model 30 years ECONOMIC CHARACTERISTICS* DESCRIPTION OUTCOME Annual Gross Revenue US$331 million Magnesium Pricing @ US$2.45 Per Pound Payback (post-tax) 5.9 years Project IRR 16.1% NPV @ 6% (Pre-tax) US$547 million Average EBITDA US$77 million * As reflected in Preliminary Economic Assessment and Technical Report, authored by Wardrop, a Tetra Tech Company, September 15, 2011 Magnesium alloys exhibit the highest strength to weight and stiffness to weight ratios in many structural applications and typically provide weight savings of between 50‐75% over conventional steel, 40‐60% over high strength “light steel” and 20‐35% over aluminum. In addition, magnesium alloys also demonstrate excellent castability, fabrication characteristics and dent resistance. From an environmental and performance perspective, ultra‐light magnesium components have the potential to significantly reduce vehicle weight which in turn has important implications for reducing emissions from combustion engines and increasing the range of electric vehicles. Certain information set forth in this two-page fact sheet may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Nevada Clean Magnesium, Inc., including, but not limited to, risks associated with mineral exploration and mining activities, the impact of general economic conditions, industry conditions, dependence upon regulatory approvals, and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.