MINING AN ESSENTIAL RESOURCE SUPPORTING SUSTAINABLE AGRICULTURE
SEPTEMBER 2022
INVESTOR PRESENTATION
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INVESTMENT SUMMARY
PROVIDES INVESTORS EXPOSURE TO THE FAST-GROWING ORGANIC FERTILISER MARKETS
100% owned, | Integrated | Premium | Rapid rise in | Establishing a | Compelling | |||||
fully funded, | mine to | organically | synthetic | foothold in | growth strategy | |||||
cash flow | market | certified DSO | fertilizer pricing | carbon credit | through organic | |||||
positive | operation - | organic | - growth in | market - | development | |||||
Full autonomy | products - | demand for | initiating | and strategic | ||||||
of operations | building market | organic | programme to | partnerships | ||||||
and sales | share in the US | fertilizers within | unlock value | |||||||
organic fertiliser | the sector | through lower | ||||||||
market forecast | supports | net carbon | ||||||||
to grow at | expectations | footprint | ||||||||
>8%pa | for real price | |||||||||
growth | ||||||||||
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BOARD OF DIRECTORS
PROVEN TRACK RECORD OF DEVELOPING MINING PROJECTS TO PROFITABLE PRODUCTION
Russell Lamming | Graham Stacey | Brian Moritz | Claire Parry | |||||||
Non-Exec Director & | Independent Non- | |||||||||
Non-Exec Chairman | CEO | |||||||||
Company Secretary | Exec Director | |||||||||
• | Geologist with wide | • | Mining Engineer with | • | Chartered Accountant | • | A Chartered | |||
ranging mining | 20 years' experience | and former Senior | Accountant and a | |||||||
industry experience, | across a range of | Partner of Grant | partner of Azets, a | |||||||
previously worked as | • | commodities | Thornton, London | top 10 UK | ||||||
an analyst and then | Previously worked for | • | Involved in listing | accounting firm | ||||||
independent | Anglo American and | many mining | • | Specialist in IFRS | ||||||
consultant | Venmyn Rand, AIM | companies, and | accounting and | |||||||
• | Previously CEO of | listed Chromex, JSE | Chairman of several | financial control for | ||||||
Chromex Mining, | • | listed Keaton Energy | mining companies. | smaller quoted | ||||||
Goldplat Plc and part | Background in mining | Formerly Chairman of | companies, primarily | |||||||
of the African | project exploration, | African Platinum PLC | in the natural | |||||||
Platinum | evaluation and | and Metal Bulletin PLC | resources sector. | |||||||
management team | construction | |||||||||
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DIAMOND CREEK MINE
IDEAL LOCATION, STRONG TECHNICALS
- Tabular orebody with mapped geological continuity with access from the south in place, approximately 3m in thickness
- Historical production of ~17,000t during 1950s with quality data
- The most recent estimate during the 1980s quotes ~5mt of 'surface mineable' phosphate bed within the 840 acre Lease
- 2 acre block of immediately mineable ore - 40kt of pre-stripped ore representing the first 2.5 - 3 years of production
- Organic certifications in place - WSDA, CDFA & OMRI
- 15 Core boreholes during 2016 and 2019 programs largely within the pre-stripped block demonstrated volumes & qualities to support bulk sample
- 500t Bulk sample extracted late 2019 presented data to support development of the mine
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DIAMOND CREEK MINE
2020 INVESTMENT DECISION & MINE DEVELOPMENT
- USD2.5m investment during 2020 to earn 51% shareholding
- Small-scaleMining Permit secured
- Access & haul road upgrades
- Contractor appointed to mine, load & haul, crush & mill
- Mining commenced July 2020
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Keras Resources plc published this content on 13 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 September 2022 11:59:04 UTC.