TSX-V: PF PRIMA FLUORSPAR CORP. expanding an historic mineral resource April 15, 2013
Aug 23, 2014
TSX-V: PF
PRIMA FLUORSPAR CORP. expanding an historic mineral resource
April 15, 2013
TSX-V: PF
This Presentation has been prepared by Prima Fluorspar Corp. (Prima) using its best efforts to realistically and factually present the information contained. However, subjective opinion, dependence upon factors outside Prima’s control and outside information sources unavoidably dictate that Prima cannot warrant the information contained to be exhaustive, complete or sufficient. In addition, many factors can affect the Presentation which could significantly alter the results intended by Prima, rendering the Presentation unattainable or substantially altered. Therefore, interested Users should conduct their own assessment and consult with their own professional advisors prior to making any investment decisions.
This Presentation does not constitute a prospectus or public offering for financing, and no guarantees are made or implied with regard to the success of Prima’s proposed ventures. Interested investors are advised to seek advice from their investment advisors.
The Presentation is being disclosed to User for User’s discussion, review, and/or evaluation only. User agrees to hold the Presentation, and all related information and discussions, in strict confidence, except that User may disclose the Presentation to a limited number of advisors and employees of the User to the extent necessary for User to adequately evaluate the Presentation. User warrants that any such persons shall be advised of the confidential nature of the Presentation before gaining access to the same and that no such advisor or employee shall use or disclose the Presentation except as specifically permitted by this Agreement. *Historical Data: Prima Fluorspar Corp (Prima) has not undertaken an independent verification to classify the historic resource estimate quoted from a Mineral Potential Compilation Report for the BC Department of Economic Development, written by Wright Engineers Limited and H.N. Halvorson Consultants Ltd., in January 17, 1975 as a current mineral resource. Neither has Prima independently verified the results of the previous exploration work. Therefore, the historical mineral resource should not be relied upon, but the issuer believes the information to be relevant and reasonably reliable. An unknown quantity of the 3.2 million tonnes are on mineral claims outside of the current Liard Fluorspar Property. However, based on the information available, the majority of the estimate is based on the deposits located on Prima’s Liard Fluorspar Property. The key assumptions, parameters and methods of the resource estimate are unknown at this time. New deposit definition drilling is needed to develop a current resource estimate on the property.
Prima believes that these historical mineral resources provide a conceptual indication of the potential of the property and are relevant to ongoing exploration.
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Disclaimer
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About Prima
Expanding an historic fluorspar resource* on 22,500 ha (55,000 acres)
of 100%-owned claims in British Columbia
*Please refer to Historical Data statement on page 2. 3
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Corporate Highlights
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Strong Industry Partners Zimtu Capital Corp.
49 North Resources Inc.
Historic Resource* 3.2 million tonnes averaging 32% fluorspar*
61 drill holes, 20 showings, 7 major showings* Historic metallurgical testing: 97% CaF2*
Large 100%-owned Property 22,588 ha (55,000 acres) On Alaska Highway 100% Prima-owned claims
Mineralization at Surface Quarry Mining Potential
*Please refer to Historical Data statement on page 2.
30 km Strike Length Contact of limestone and
shale
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Management Team Structured for Success
Robert Bick, President/CEO/Director Experienced Company Builder
Former CEO/Executive Chair, Evolving Gold Corp. Increased EVG market cap from $3M to $100M. Raised $50 million.
Andrew Davidson, CFO Extensive Financial and Pubco Knowledge Wide experience in Canadian and international publicly listed enterprises. CFO, 49 North Resources Inc.
Sean Charland, Director Critical Market Presence in Toronto Wide experience raising capital and marketing resource exploration companies. Director, Zimtu Capital Corp.
Dean Nawata, Director Public Market and Capital Finance Depth 18 years of public market experience, 9 years as licensed stockbroker focusing on financing of junior mining and oil/gas projects. President/CEO, Olympic Resources Ltd.
Jenna Hardy, Director Technical, Geological Expertise
30 years as mining industry geoscientist. Director, Commerce Resources
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Why Fluorspar? Indispensable for Modern Life
Uses of Fluorspar Refrigeration Consumer products: eg Teflon®, Gore-Tex®
Aluminum and steel production Petroleum-based fuels Medicines
Fluorspar Market 2011: $2.4 billion 2011: 6.2 million tonnes sold @ average selling price of $400/tonne
China Demand Straining Global Supply China consumption rising dramatically China projected to be net importer of fluorspar within 5 years
No Existing Fluorspar Production in Canada and United States Canada Fluorspar Inc. (CFI) mine planned for Q3, 2014 in Newfoundland
Large North American Purchasers Chemical companies: Dupont, Honeywell Aluminum producers: Rio Tinto Alcan
Simple Processing Proven, tested techniques
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Liard Fluorspar Project Large Property, Easy Access
22,500 ha (55,000 acres)
100%-owned mineral claims
On Alaska Highway
Strong relationship with Kaska First Nation
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Historic Fluorspar Resource* Resource Expansion Potential
Size and Grade* 3.2 million tonnes Average Grade: 32% fluorspar
Historic Metallurgical Testing* 97% CaF2
Acid Grade = Highest Price
30 km Strike Length Contact of limestone and shale
2013 Drill Program Resource Building Near surface drilling
Quarry Mining Potential Mineralization close to surface
*Please refer to Historical Data
statement on page 2. 8
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Industry Partners
Company Building Western Potash Corp:
137 million tonne reserve; Enterprise NPV - $2.44 billion Commerce Resources Corp:
Two rare metal Preliminary Economic Assessments
Deep Experience in Critical Industrial Minerals Tantalum, Niobium, Graphite, Rare Earth, Fluorspar
Ongoing Marketing Programs Phone, Social media, Email, Conferences European and Toronto Presence
Success Stories Athabasca Potash Inc: Acquired by BHP Billiton for $340 million Copper Canyon Resources: Acquired by Novagold for $70 million
Flow-Through Funds >$50 million raised
VALUE
IPO
IDEA
SHA
RE
PRIC
E
TIME
LIFE CYCLE OF TYPICAL EXPLORATION STOCK
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2013 Work Program Expansion of Historic Resource
Liard Fluorspar Property
Q2, 2013: Phase One Ground Work Ground geophysics Target generation
Q2, 2013: Baseline Environmental Studies Target Advancement
Q3, 2013: Drill Program Resource Building
Near Surface Drilling
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Robert Bick President/CEO
T 604-681-1568 C 778-847-1089 [email protected]
Sean Charland Director
T 416-364-0303 C 647-926-7326 [email protected]
For More Information:
Dean Nawata Director
T 604-561-2821 C 604-561-2821 [email protected]
www.primafluorspar.com
Tyler Lowes Corporate Communications
T 604-681-1568 C 604-329-5097
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