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.