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Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Jul 26, 2020

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Page 1: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

1

Exploring Myanmar

November 2018

Page 2: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Disclaimer

• We acknowledge our responsibility for fair and accurate representation in this Presentation and for the appropriate disclosure of information we

believe is required by prospective investors.

• There have been no:

– Violations or possible violations of any laws or regulations, the effects of which should be considered for disclosure in this Presentation;

– Communications from regulatory authorities concerning non-compliance with, or deficiencies in, financial reporting practices.

• Access Asia Mining Pte Ltd was incorporated in Singapore on the 26 January, 2015. Company number 201502441N.

• All statutory records of the Company and its subsidiaries have been properly kept.

• The number of shares on issue at the date of this Presentation is ~ 23 million. Apart from what is disclosed in this Presentation, there is no other

entitlement to acquire shares in this Company either by agreement or option.

• There were no material deficiencies or encumbrances attaching to the title of the Company’s assets at the date of this Presentation.

• No significant liabilities are attributable to the Company or any of its subsidiaries at the date of this Presentation.

• There were no material contingent liabilities, including guarantees and letters of comfort, at the date of this Presentation.

• The Company is not aware of any breach or non-compliance with the terms of any contractual arrangements, however caused, which could initiate

claims on the Company which would have a material effect on this Presentation or its representations.

• Investment in mineral exploration is highly speculative and there is no guarantee of success. Investment in Myanmar is also highly speculative and

there is considerable uncertainty attaching to the political process and future legal developments in that country. Given these factors and the need

to raise further working capital in the future to fund exploration activities and corporate overheads no guarantees can be given with respect to the

payment of dividends, return of capital or the Company’s continued existence as a going concern.

• All Warranties and Representations contained in this Presentation are true and correct to the best of our knowledge at the date of issue

Page 3: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Myanmar – The Golden Land

The Opportunity

• Highly prospective geology

• Limited systematic modern

exploration

• Pre-eminent potential for Tier 1

discoveries

• Early mover opportunity

Page 4: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Myanmar - Discovery Potential

Major Gold and Base Metal Deposits Discovery History of Southeast Asia

Myanmar’s Political IsolationA period of major mineral discovery in SE Asia

Systematic

Exploration

Period

Modern

Exploration

Period

Prospecting

Period

Page 5: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Myanmar - Discovery Potential

SE Asia Metallogenic Belts and Deposits Insitu Value

0.00

0.50

1.00

1.50

2.00

2.50

Metal Belt

Area

Gold

Deposits

Contained

Au Moz

Au Insitu

Value $M

Copper

Deposits

Contained

Copper Mt

Copper Insitu

Value $M

Total Insitu

Value $M

Insitu Value per sq

km $M

Myanmar 252,500 3 2 2,730 2 8 54,600 57,330 0.23

Philippines 418,500 39 63 81,640 27 38 266,700 348,340 0.83

Indonesia 501,800 39 94 122,590 7 51 354,330 476,920 0.95

Papua New Guinea 170,500 22 122 158,600 8 27 189,700 348,300 2.04

Average (All) 335,825 26 70 91,390 11 31 216,332 307,722 1.01

Myanmar Philippines Indonesia Papua New

Guina

Myanmar

Discovery

Potential

SE Asia Deposits Insitu Value per sq km metal belt

$M per sq km

Average

63Moz Au

19Mt

Copper

Page 6: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

AAM – Well Positioned Early Movers

• Systematic project generation in Myanmar since early 2015

• The largest exploration land package in Myanmar

• New mining regulations highlight an improving framework for

minerals investment

• Strong foundation for long term sustainable success

Page 7: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Project Generation

• Myanmar’s most comprehensive geological database

• 4 years of research, field work, compilation, interpretation of exploration and geoscientific data

• Targeting by Dr Jon Hronsky, Centre of Exploration Targeting UWA

• Field evaluation of >50 mines and prospects

• Focused on the discovery of large-scale minerals systems

1M scale geology Tectonics Remote Sensing Mineralisation

Gravity Free Air Gravity Geochemistry Mapping

Targeting Relief Licenses Evaluations

Page 8: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Project Generation

Page 9: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Project Generation

Page 10: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Projects

SAGAING

MANDALAY

EAST SHAN

Myanmar Gravity

BAGO

BALADOKHTA

Myanmar’s largest land package

12 licenses covering >5,500 km2

across 5 strategic project areas

Orogenic Gold, Epithermal Gold and

Porphyry Cu-Au systems

Targeting bulk tonnage open pit

potential

Page 11: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Projects

Baladokta

Former Freeport Project in Tagaung-

Myitkyina Arc covering 120 km2

Earn in with Myanmar Precious Resources

Group (AAM earning 80%)

Major first order structural intersection with

large-scale hydrothermal alteration system

Two large (>1km strike) zones of skarn

alteration with up to 2.4% Cu and 5.5g/t Ag

in outcrop

Multiple targets identified for Skarn Cu-Ag,

Porphyry Cu-Au and Epithermal Au

mineralisation

Final stage of approval process

Page 12: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Projects

East Shan Project

1,500 km2 across 3 license application

areas

Initial license in final stage of approval

process

Northern continuation of Sukhothai Arc

Favourable structural framework for large

minerals systems

Widespread alteration, gold and base

metals occurrences, geochemical

anomalies and small scale mines

No previous systematic exploration

Bulk tonnage open pit potential

Page 13: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Projects

Sagaing Project

800 km2 across 4 license application areas

Former Ivanhoe and Newmont prospects

within the Wuntho-Popa Magmatic Arc

High tenor gold and arsenic anomalism in

streams

Artisanal workers producing alluvial gold

Extensive alteration associated with large

scale gold and copper systems

Page 14: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Projects

Bago Project

2,000 km2 across 3 license application areas in

Bago Subdivision

Former Ivanhoe prospect within the southern

extension of Wuntho-Popa magmatic arc

>100km prospective strike

30km alluvial gold train indicates a large-scale

source of mineralisation

Artisanal hard rock and alluvial workings

within application area

High grade (>5g/t Au) mineralisation in float

and ROM samples

Sediment-hosted epithermal style of

mineralisation plus porphyry potential

Page 15: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Projects

Mandalay Project

1,300 km2 in Mandalay Subdivision

>80km prospective strike along major regional

structural control

Proximal operating open pit mine with average

ore grade of 3g/t Au

Artisanal workings within application area

Large-scale sediment-hosted Au and Cu style

of mineralisation

Strong history of gold mining in the region

Well located with respect to regional

infrastructure

Page 16: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Stakeholder Engagement

License Approvals Process

Engaging with the local communities and

Government since July 2017

Village and town surveys to discuss our

exploration plans with local population

Forestry and land surveys to verify land use

within the license areas

Two licenses in final (Federal level) stage of

approvals process

Page 17: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

Corporate Social Responsibility (CSR)

AAM’s Commitment To:

Make a positive impact on the communities in

which we work

Preserve the environment

Embrace the culture of our host-communities

Create employment opportunities

Open and transparent communication

Collaborative CSR Initiatives

CULTURE

EMPLOYMENT

HEALTH

EDUCATION ENVIRONMENT

CSR Initiatives

Page 18: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

AAM – Investment Summary

• Its all about Geological Endowment

• Pre-eminent potential for Tier 1

discoveries

• AAM is an early mover with Myanmar’s

most comprehensive geological

database

• Largest land package in each of the

major metallogenic belts

How big is 5,500 km2?

Big enough to cover the majority of the

Kalgoorlie Goldfields: +20Moz contained Gold

Page 19: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

AAM – Who We Are

PETER STUNTZ | CHAIRMAN

Peter has extensive investment, corporate advisory and financing experience gained through >30 years in the natural resources sector. This

includes involvement with several successful start-up companies in the Asian resource sector and as a Senior Portfolio Manager with AMP

Investments. Peter is a Fellow of the AusIMM and FINSIA and a Member of the Society of Mining Engineers; he holds Bachelor degrees in Science

(Geology), Engineering (Mining) and has a Masters of Geoscience (Mineral Economics) and a Graduate Diploma from the Securities Institute of

Australia.

PAUL L’HERPINIERE | MANAGING DIRECTOR

The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience in multi-

commodity project generation and exploration management across Mongolia, South-East Asia, China, Ghana, South Africa, Ethiopia, Botswana,

Zambia, Mozambique, Nigeria, New Zealand and Australia. Paul has a Bachelor of Science (Hons) in Applied Geology from Curtin University,

Australia and is a member of the AusIMM.

GEOFF McNAMARA | NON EXECUTIVE DIRECTOR

Geoff has >25 years of resource sector experience as a geologist, project manager, corporate financier and fund manager. He was most recently an

owner and Investment Director of Pacific Road Capital, a private equity manager, investing in the global mining industry. Prior to that he was a

Director of Societe General’s Mining Finance group in New York. Geoff holds a Bachelors degree in Geology, a Graduate Diploma from the Securities

Institute of Australia. He is a member of the Australian Institute of Company Directors (AICD) and the Australasian Institute of Mining and

Metallurgy (AusIMM).

JASON ROGERS | CHIEF FINANCIAL OFFICER

Jason is a qualified Finance and Accounting specialist with >20 years experience in financial management, accounting, risk analysis and business

management. Since 2009. Jason has been involved with the establishment of several successful mining related businesses in Australia. Prior to this,

Jason had a successful investment banking career, working for major financial institutions in London, Tokyo and Singapore, where he was an analyst

working with some of the world’s largest corporations and investors.

Board of Directors

Page 20: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

AAM – Who We Are

U KHIN MAUNG HAN | DIRECTOR

Khin Maung Han is one of Myanmar’s highest profile mining entrepreneurs. He is the major shareholder and Managing Director of Future

Engineering Group (FEG), the owner/operators of the Thabeikyin Gold Mine north of Mandalay. FEG are also contract mining at Modi Taung Gold

Mine and are currently developing the Narbu Taung Gold deposits. Khin Maung Han is also currently President of The Myanmar Federation of

Mining Association, the country’s leading mining industry advocate.

HENRY RENOU | EXPLORATION MANAGER

Henry has been leading our field-based project evaluation program since early 2015, responsible for generating new ideas and information

relating to Myanmar’s gold and base metals potential. A geology graduate from Monash University, Henry gained his initial exploration experience

with Fortescue Metals Group, where he was a team leader for gold and base metals exploriaton in Western Australia.

DAVID ROYLE | CONSULTING GEOLOGIST

David has >40 years of international experience in all aspects of mineral exploration and project feasibility, including senior management positions

at Eurasian Minerals, East Asia Minerals, Kentor Gold, MIM Exploration and Newcrest Mining. He has managed exploration teams over a diverse

range of geographic and cultural environments which have led to the discovery of several major gold and base metal deposits in the Pacific Rim

including; Tolukuma, PNG (Au), Cerro Negro, Argentina (Au), Rio Blanco, Peru (Cu-Mo) and Pierina, Peru (Au-Ag).

Myanmar Management

Page 21: Exploring Myanmar November 2018 Company... · The founder of AAM and the former Manager of Exploration at Fortescue Metals Group (FMG), Paul has considerable experience inmulti-commodity

AAM – Exploring Myanmar

• For further information please contact:

Paul L’herpiniere

[email protected]

– +64 210 830 4493

– Access Asia Mining Pte Ltd

8 Robinson Road

#03-00, ASO Building

Singapore, 048544

– www.accessasiamining.com