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LIMESTONE DSO PROJECT NEAR TERM OPPORTUNITY FOR EARLY CASH FLOW - PowerPoint PPT Presentation

LIMESTONE DSO PROJECT NEAR TERM OPPORTUNITY FOR EARLY CASH FLOW GENERATION; LIME FOR NICKEL PROCESSING PLANT 1 AGATA LIMESTONE DEPOSITS Payong Payong deposit 2 PAYONG PAYONG LIMESTONE DEPOSIT CHARACTERISTICS Payong Payong Exploration


  1. LIMESTONE DSO PROJECT NEAR TERM OPPORTUNITY FOR EARLY CASH FLOW GENERATION; LIME FOR NICKEL PROCESSING PLANT 1

  2. AGATA LIMESTONE DEPOSITS Payong Payong deposit 2

  3. PAYONG PAYONG LIMESTONE DEPOSIT CHARACTERISTICS Payong Payong Exploration Target (1) : 5 • Tonnage: 20~30 Million • Apparent Thickness: 35~50 metres • Apparent Area: ~400 metres X 800 metres 4 Dip: ~ 35 0 • 3 *Based on five holes drilled into the Payong Payong limestone deposit by JV partner, Mindoro Resources Ltd., in 2011 SECTION 776 200E 3 Payong Payong Limestone Quality (1) : • CaCO 3 97.26% - 99.96% 4 • MgO 0.41% - 0.75% 5 • Al 2 O 3 0.07% - 0.30% • Fe 2 O 3 0.12% - 0.37% (1) The potential quantity and grade of the Exploration Target described is conceptual in nature, there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource. Until a feasibility study has been completed there is no certainty that the Company's projections will be economically viable. 3

  4. AMVI 2014 EXPLORATION DRILL PROGRAM Drilling Count Status* Proposed 25 Ongoing 2 Completed 2 MRL DDH 5 *Updated as of Nov. 26, 2014

  5. LIMESTONE PROSPECTS WITHIN MPSA

  6. ASSAY RESULTS OF PAYONG PAYONG LIMESTONE DRILL HOLES, 2011 Source: Mindoro Resources Ltd., 2011 Hole 1 Hole 2 Hole 3 Hole 4 Hole 5 Wt Avg. Meters 47.30 38.20 58.35 60.50 97.95 60.46 Ca % 38.93 39.59 39.41 40.01 39.70 39.57 CaO % 54.47 55.39 55.13 55.98 55.54 55.36 %CaCO3 97.26 98.90 98.45 99.96 99.18 98.86 Mg % 0.45 0.24 0.28 0.29 0.41 0.34 Si % 0.32 0.08 0.47 0.10 0.20 0.23 Fe % 0.17 0.09 0.26 0.08 0.10 0.14 Al % 0.12 0.06 0.16 0.04 0.05 0.08 MgO % 0.75 0.41 0.47 0.47 0.68 0.57 SiO2 % 0.68 0.17 1.00 0.21 0.42 0.50 Ni % 0.01 0.01 0.01 0.01 0.01 0.01 Co % 0.00 0.00 0.00 0.00 0.00 0.00 Al2O3 % 0.23 0.11 0.30 0.07 0.09 0.15 Cr2O3 % 0.02 0.01 0.01 0.01 0.01 0.01 Fe2O3 % 0.25 0.13 0.37 0.12 0.14 0.20 K2O % 0.01 0.00 0.01 0.00 0.00 0.00 MnO % 0.00 0.00 0.00 0.00 0.00 0.00 Na2O % 0.00 0.00 0.00 0.00 0.04 0.01 P2O5 % 0.00 0.00 0.00 0.00 0.00 0.00 TiO2 % 0.02 0.02 0.02 0.02 0.01 0.02 V2O5 % 0.02 0.02 0.02 0.02 0.02 0.02 Cu % 0.01 0.01 0.01 0.01 0.01 0.01 Pb % 0.02 0.02 0.02 0.02 0.02 0.02 Zn % 0.00 0.00 0.00 0.00 0.00 0.00 As % 0.00 0.00 0.00 0.00 0.00 0.00 S % 0.00 0.00 0.00 0.00 0.00 0.00 BaO % 0.07 0.07 0.07 0.07 0.06 0.07 Sn % 0.03 0.03 0.03 0.03 0.03 0.03 Cl % 0.00 0.00 0.00 0.00 0.00 0.00 TOTAL % 99.68 99.85 100.43 100.37 100.24 100.17 LOI % 43.30 43.66 43.18 43.57 43.36 43.39

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