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December 2013 RDS: TSX.V 1

RDS Corporate presentation 2013

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Here's a look at what we did in 2013 and what is up for 2014. We cover the potential of both Lac Gouin SSO property and the O'Brien project.

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Page 1: RDS Corporate presentation 2013

December 2013

RDS: TSX.V

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Page 2: RDS Corporate presentation 2013

Cautionary Statement

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

Except for historical information, the statements made in this presentation are forward-looking statements involving significant risks and uncertainties. These risks and uncertainties include the inherent risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drilling results and other geological data, fluctuating metal prices, the possibility of project cost overruns or unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed in the future, and other factors. The Company undertakes no obligation to update forward-looking statements if circumstances or Management’s estimates or opinions should change. The reader is cautioned not to place undue reliance on forward-looking statements. All references to currency made in this presentation are in Canadian dollars unless otherwise stated.

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Page 3: RDS Corporate presentation 2013

Corporation Overview

Head Office 1750 chemin de la Baie Verte Rouyn-Noranda, Quebec J0Z 2XO

Contacts Mario Bouchard, President & CEO [email protected] T. 819.797.0396 C. 819.277.6578 Donald Lacasse, CFO [email protected]

Infos General inquiries: [email protected] Website: www.radissonmining.com Facebook page: www.facebook.com/Radissonmining TSX Venture: RDS

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Page 4: RDS Corporate presentation 2013

Corporation Overview

The objective of this document is to present Radisson’s main assets. The content includes four sections: I Radisson 2013 milestones and 2014 action plan II Phosphate sector overview, added-value potential and description of

the property III Presentation of the O’Brien/Kewagama project IV Capital structure and the Board of directors

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Page 5: RDS Corporate presentation 2013

RDS Milestones in 2013

Months   Achievements  January   Nomination of a new President  January   Hiring of a geologist certified 43-101  

February   Nomination of 2 directors combining more than 60 years in mining  

February   Creation of a Facebook page  March   Promotional booth at the PDAC  April   Closing of a $108 000 placement  June   Closing of a $193 000 placement  July   Acquisition of the Lac Gouin SSO property  August   Creation of a new website  

September   Attended the International Fertilizer Institute Conference  

September   Started the metallurgical study on the O'Brien/Kewagama project  September   Creation of twitter account  September   Sampling work on Lac Gouin SSO property  October   Started a newsletter for the shareholders  October   New 43-101 report on O'Brien  October   Closing of a $180 000 placement  

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Page 6: RDS Corporate presentation 2013

2014   Action Plan   Costs  

January   New 43-101 report on the Kewagama property   $50,000  

March   Metallurgy study on the O'Brien/Kewagama project   $50,000  

April   Prefeasibility study on the O'Brien/Kewagama project   $150,000  

June   Field exploration on the Lac Gouin SSO property   $200,000  

Miscellaneous   Communication and representation   $25,000  

Financial needs   $475,000  

Capital dilution@$0,18 (nb of shares)   2,638,889  

% Capital dilution   3,68%  

2014 Action Plan

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Page 7: RDS Corporate presentation 2013

FEEDING THE PLANET

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Page 8: RDS Corporate presentation 2013

Phosphate’s Role in Agricultural Production

Phosphate 23%

Potash 16% Nitrogen

61%

Global fertilizer market

Fertilizer increases food production by over 40%

•  Accelerates plant growth •  Facilitates root development •  Improves water management efficiency •  Increases crop yield

In agriculture, there is no substitute for phosphate

Source: FAO, percentages based on the number of tons of fertilizer used annually 8

Page 9: RDS Corporate presentation 2013

Use of Phosphate

Source1: U.S. Geological Survey, Mineral Commodity Summaries and Minerals Yearbook. Grade data 1990 - 2011.

•  85% of world production of phosphate is used in fertilizer production •  Together, Morocco and the Western Sahara hold 74.6% of global

phosphate rock reserves (50,000 million tonnes)

•  In 2013, Canada will start importing more than 1 million tons of phosphate rock per year

Year Production Grade

1990 46.3 Mt

-37%

30,7% P2O5

-5.2%

2012 29.2 Mt 29,1% P2O5

U.S. production of phosphate: 1990 vs. 20121

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Page 10: RDS Corporate presentation 2013

Market and Price of Phosphate

Source: Phosphate Rock Price, Infomine.com

•  The global market is 220 Mt per year and is growing by about 2.5% annually •  8 countries in the Middle East and North Africa are responsible for 24% of the

global production of phosphate: Morocco, Western Sahara, Algeria, Tunisia, Egypt, Israel, Jordan, Syria

World demand for phosphate is guided by

•  Population growth •  Increase in the use of

cropland for biofuel •  Lack of arable land •  Dietary changes in

emerging countries

CAD $162,85/t

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Page 11: RDS Corporate presentation 2013

Lac Gouin-SSO Property

•  3,066 hectares •  Located 115 km north of the city of Saguenay •  Southeastern portion of the property accessible by logging roads •  Power lines nearby •  Identified cells with 15% apatite concentration1

1 Publication of MNRF Géologie Québec, Anderson, A., 1963, RP 504; Laurin, A.F., Sharma, KNM, 1975, RG161 11

Page 12: RDS Corporate presentation 2013

Setting of the Lac Gouin-SSO Igneous Deposit

§  The phosphate rock of the Lac Gouin-SSO property is igneous in origin, which is a factor influencing Radisson’s decision to acquire the property, as opposed to sedimentary deposits.

Igneous Deposits Sedimentary Deposits

Rock content 7-15% P2O5 10-30% P2O5

Mine and grinding Hard rock Easy, in a setting where the rocks are

unconsolidated

Concentration Recovery > 85%

Recovery between 75% and 85%

Phosphate rock grade Between 35%-41% P2O5

Average grade of 29%

Phosphate rock quality Very little to no contaminants

May contain some contaminants (uranium, heavy metals, arsenic)

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Page 13: RDS Corporate presentation 2013

Development Activities – Lac Gouin-SSO Property

Objectives Period Completed

Acquiring the property July 2013

Surface sampling September 2013

Analyzing samples October 2013

Starting drilling June 2014

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Page 14: RDS Corporate presentation 2013

Drilling Program

$1,000,000 drilling program 60 drilling holes for a total of 10,000 metres §  300 metres wide §  2,000 metres long §  150 metres thick §  Density 2.8 t/m3

§  This represents only 2% of the property’s area

Potential of 250,000,000 tonnes @$28 per tonne =

in-situ value $7,000,000,000

*The potential quantity and grade 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. 14

Page 15: RDS Corporate presentation 2013

Economic Value of the Phosphate Deposit

$1,000,000 drilling

250,000,000 tonnes P2O5 (6.6%)

At $28 per tonne, value= $7,000,000,000

Effect of added value = 7,000X

*The potential quantity and grade 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. 15

Page 16: RDS Corporate presentation 2013

Leverage Effect of a Drilling Program

Announcement of drilling results, February 23, 2011

Announcement of a 3,500m drilling program November 3, 2010

Arianne Phosphate Inc. TSX: DAN

Source: Bigcharts.com 16

Page 17: RDS Corporate presentation 2013

Insurance Policy for Radisson’s Share

Ø  Radisson has a 100% interest in the O’Brien and Kewagama properties, located in the heart of the Bousquet-Cadillac mining camp

Ø  $300,000 in equity

Historical Resources

Source1 Charlton Report, 1994 – Non NI 43-101 compliant historic resources Source2 Scott Wilson RPA, 2013

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Old Mine Area1

596,000 tons à 0.17 opt Au Total: 103,600 ounces

36 East Zone2    

560,000 tons @ 0.19 opt Au Indicated: 106,000 ounces

317,000 tons @ 0.21 opt Au Inferred: 67,000 ounces

Current Resources

Page 18: RDS Corporate presentation 2013

Insurance Policy for Radisson’s Share

O’Brien/Kewagama Project A classic high-grade mining model

Source: Standard chartered bank, *Discoveries over 1 million ounces

Average grade of ounces of gold discoveries in the West

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Page 19: RDS Corporate presentation 2013

Remark on 36 East Zone nugget effect

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NI 43-101 report produced by RPA in 2013, reports that high assays were cut to 2.0 oz/ton gold. We note the presence of a nugget effect in the veins modelisation of 36 East Zone. Nugget effect is estimated at 0.38 and affects cut resource calculation.

Page 20: RDS Corporate presentation 2013

History of the O’Brien/Kewagama Project

•  The project is located in the heart of the Abitibi gold belt along the Cadillac-Larder Lake Break

•  Located in the Bousquet-Cadillac mining camp, the project is accessible

by provincial highway 117 •  Today, the Bousquet-Cadillac mining camp hosts more than 45 million

ounces of gold (past production, reserves and resources) •  Abitibi is known worldwide for its skilled mining industry workforce •  4 gold projects are

in production along the Cadillac-Larder Lake Break

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Page 21: RDS Corporate presentation 2013

Bousquet-Cadillac Mining Camp

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Page 22: RDS Corporate presentation 2013

The O’BRIEN/KEWAGAMA Project - Longitudinal Section

17.5 g per ton /1.0 m

13.68 g per ton /0.30 m Discovery potential to be drilled = 3,648,000 ounces

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Page 23: RDS Corporate presentation 2013

Potential of Profitability for Gold Producers

Source1 Aurizon Mines 2012 annual report

Source2 Richmont Mines, 2012 annual report

Casa Berardi Mine- Hecla Mining1 2012   2011   2010  Located 227 km from the O’Brien/Kewagama project Grade gold g/t 6,80   8,00   6,80  Gold ounces produced 136 848   163 845   141 116  Average selling price 1 658 $   1 578 $   1 145 $  Average production cost 976 $   775 $   786 $  Revenue from mine 223 558 000 $   259 999 000 $   178 743 000 $  Profit 91 770 000 $ 132 274 000 $ 67 825 824 $ Mark-up 41%   51%   38%  

Island Gold Mine-Richmont Mines2   2012   2011   2010  Located 677 km from the O’Brien/Kewagama project

Grade gold g/t 5,45   6,10   5,95  Gold ounces produced 41 686   49 196   45 865  Average selling price 1 666 $   1 570 $   1 243 $  Average production cost 884 $   766 $   783 $  Revenue from mine 69 448 876 $   77 237 720 $   57 010 195 $  Profit 32 598 452 $   39 553 584 $   21 097 900 $  Mark-up 47%   51%   37%  

Lapa Mine-Agnico-Eagle Mines3   2012   2011   2010  Located 8 km from the O’Brien/Kewagama project Grade gold g/t 6,48   6,62   8,26  Gold ounces produced 106 191   107 068   117 456  Average selling price 1 636 $   1 565 $   1 285 $  Average production cost 691 $   641 $   564 $  Revenue from mine 173 753 000 $   167 536 000 $   150 917 000 $  Profit 100 377 000 $   98 937 000 $   84 718 000 $  Mark-up 58%   59%   56%  

Source3 Agnico Eagle website, Interactive analyst center 23

Page 24: RDS Corporate presentation 2013

JEAN-MARIE DUPONT Director and Chairman of the Board

MARIO BOUCHARD President & CEO, Director

DONALD LACASSE, Eng. VP, CFO & Secretary-Treasurer, Director

DENIS LACHANCE, Eng. Director

MICHEL GARON, Eng. Director

LUC SIMONEAU Director

PAUL CREGHEUR Director

Board of Directors

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Page 25: RDS Corporate presentation 2013

Outstanding Class A shares 72,807,982

Management 7,918,750

Class A stock options 3,610,000

Class A warrants 4,829,434

Diluted share capital 81,247,416

Capital Structure

Management ownership is 7,918,750= 10.88% of the share capital

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