+Sob teaser xi15

Pridolian

www.tinresources.com

http://www.tinresources.com/

Pridolian

Now is the time to invest in Tin !

–And this is one of the most exciting opportunities



Sable Tin Resources registered as ZaibaikalskyGornorudniy Kompanii (“ZGK”) is a privately held companyfocused on developing the Sable Tin deposit (Sobolinoye)in Khabarovsk Region in the Russian Far East.

High Grade World class Deposit

91 983 tonnes of Tin;

53 661 tonnes of Copper, 6 196 tonnes of Tungsten

Average Grades: Sn 0.88%, Cu 0.53%, WO3 0.06%

Intensely explored property

Major Russian tin mining district.

529 drill holes, 230 800 meters

Well understood mineralogy and metallurgy

Extensive field documentation and reports (Archives)

1987 State commission registered reserves

1993 Feasibility study and Technical Engineering plan

Close to Infrastructure (Road, Gas, Electricity, Rail)

Full government and administrative support

Potential to benefit from special tax regimes

Government Far Eastern Fund- equity and debt facilities

Secure title

Mining and exploration licence 7.3 km2;

Acquired: State public auction; Valid to 31.12.2032

Registered Resources (GKZ 1987)

Tin Copper

Category Tonne Grade Tonne Grade

C1 (Measured) 46 872 1.07% 27 100 0.62%

C2 (Indicated) 45 111 0.74% 26 500 0.46%

Introduction

Sable license areawww.tinresources.com


Tin Supply

Source: www.stellarresources.com.

Global decline: top 10 producers fall 7.4% in 2015

Capacity shortage: low exploration investment

Existing producers face lower grades and higher OPEX

Shift towards hard rock resources as alluvials deplete

Increased regulations leading to mine suspension

Pollution control in China: Closure of 45% of processing

Stretched supply chain

2014 Global refined tin production: 369,5000/t.

LME Tin stocks at 1.2% of annual consumption

90% of global tin mining occurs in developing countries (70% China and Indonesia)

Recycled tin contributing ~30% of supply

Top 4 companies: 50% of world production. Top 10: 75% Resources: Top 5 Countries

% Ton % Ton

Compliant(CRIRSCO)

3.4 Million NonCompliant

11.7 Million

Australia 24% 794 000 China 35% 4 096 000

Brazil 16% 540 800 Russia 12% 1 350 000

Kazakhstan 14% 463 100 Australia 8% 900 000

Germany 8% 271 900 Indonesia 7% 833 000

Peru 8% 262 400 Brazil 6% 712 000ITRI 2016 Report: Global Tin Resources and Reserves



Pridolian

Forecasted growth at 2% (5-10 yrs)

Global demand: $9 billion;

Long-term price ~$25,000 /t

Electronics (China, Japan): ~50% global consumption

Replacing antimony and cadmium in lead acid batteries

Support from new energy and lithium-ion batteryapplications

Market supported by transition to lead free solders

Tinplate requirement stable at ~60,000 tpy since 2010

Strong Tin chemicals market - 15% total refined use

Replacing nickel and chromium in stainless steel

Tin Demand

Recent Tin Prices

2014-15 fall – New Myanmar supply (50000/t)

Economic slow down

Fall in price greater in US dollars than other currencies

Price drop accompanied by strengthening US dollar

Support found at $13000

Rallied 33% on Indonesian and Chinese production cuts,and low inventories,

Demand climbed 4.3% in Q1 2016 (Chinese demand 12%)

2013 14 15 16 17 18 19 20 21 22 23 24 20250

5000

10000

15000

20000

25000Tin Price Forecasts

LME StocksWorld BankWB US$ ConstantEIUBMI



Investment Climate

Russian Far East

Rule of law has replaced insecure investment climate of 1990s

Favourable regulatory and Investment regime

Direct proximity to rapidly growing Asian markets

4200 km border with China, neighbouring Japan and Korea

Linking Europe to Asia: Trans-siberian rail; Northern Sea route

Enormous natural resource base – Geologically enriched.

Potential Investment support for Sobolinoye through TADs

Territories of Accelerated Development (TAD)

National Priority for development

15 trillion ruble ($230 bln) fund in place.

Mechanisms for infrastructure creation established in 2015

Budgetary funds financing the construction of TAD infrastructure

Limits on inspections

Environmental expertise of infrastructure facilities – 45 days

Obtaining permits for capital construction – Maximum 40 days

Free Customs zone system for TAD residents

Duty- and tax-free import, storage, use of goods inside TAD

No requirement for permits to employ foreigners

Tax concessions for TAD Residents

Reduced Mineral Extraction Tax Rate of 0 – 0.8 for 10 years

7.6% Social Security (& Pension) Payment

Profit Tax 5% for 5 years after first profit, 12% for years 6-10



LocationPridolian

Coordinates

Miao Chan Foothills (Sikhote Alin geanticlinal System)

50°55’N 136°30’E

Intersecting of Sikhote Alin - Mongol-Okhotsk tectonic systems

Eastern part of the Khingan-Okhotsky Volcanic Belt

Solnechny District, Khabarovsk Region, Russian Far East

50 kms from Solnechny — a tin mining town

85 kms from Komsomolsk on Amur - major industrial centre

Property access

35 km unpaved road from national road system.

10 kms from high voltage transmission station

20 kms from high pressure natural gas station

25 kms from Baikal-Amur railway system

Property Description

Slightly dissected foothills (Rel. Elevation 50-150m)

Intersected by the Shaman River (sub-tributary of Amur)

Covered by young birch woods

Climate

Warm, rainy summers (Max temperature: July +35°C)

Cold, dry winters. (Min recorded temperature: Jan -43°C)

Average annual precipitation — 633 mm



Site Geology

Pridolian

MorphologyQuartz-tourmaline impregnated vein bodies Near-vertical and easy gradient (60-48°) Exception: Leningradskaya and part of Nezhdannayazones

Upper Host rocks: Cretaceous sedimentary Lower Host rocks: Jurassic terrigenous hostedvolcanics

MineralisationSame mineral assemblages within deposit zonesquartz-tourmaline, quartz-cassiterite, quartz-sulphide,

and supergene Concentrated in lower structural floor – Jurassic sand

and shale

MineralsCassiterite, chalcopyrite, arsenopyriteWolframite, pyrite, cellular-pyrite85-90% of tin in cassiterite, mainly quartz associatedOxidized ores account for 9.4%

Associated minerals distributed among concentrates:- Tin: tungsten concentrates. - Copper: lead, zinc, bismuth, silver

Average Tin extraction – 63% (Soviet technology 1987)



Site Geology

Pridolian

Komsomolsk Tin District35 occurrences - 500 mineralised zones (1000 km2)13 fields of which 9 are economical

Deposit - geological structureSimilar to other deposits in the districtComplex Jurassic-Lower Cretaceous flysch sedimentationand late cretaceous marine sedimentation andvolcanogenic units. Extrusions of acidic and intermediate composition intrudeunits.Represented by quartz dioritic porphyries

Widely developed tectonic structuresPractically all are mineralized Industrial mineralization controlled by NW and NSstructures

Ore bodies / zonesSimilar material compositionSix large and medium scale ore bodies were identified83% of mineralisation in three zones - Sobolinaya,Leningradskaya and Nezhdannaya

Numerous small ore bodies Mineralisation related to cassiterite- silicate ore units ofcassiterite-tourmaline mineral type

Mineralisation along strike and dip, ranges from tens toseveral hundreds of metersThickness: 0.2 – 18.0m; average: 4.4m



Pridolian

Exploration

Discovery1964 on the basis of 1:5000 – 1:10000 MappingAreal, prospecting and geophysical surveyingPresence of commercial concentrations of tin at surface

Preliminary exploration 1972-1977Detailed exploration 1977-1987

Drilling529 wells Depth: 50 - 700 m230 800 mGrid: C1 20x20; C2 40x40Core Recovery 60-70%. No remaining core

Sampling8100 trench samples24 Bulk samples12 technological laboratory samplesCore sampling 39046

Petrographic research2400 samples, 30 bulk samples, 146 mineralogical technological; 343 mono-mineralogical

Intense geophysical surveysGamma ray logging: position and size of contacts ofquartz-tourmaline zones in context of exploratory wellsX-ray radiometric to determine Sn contentSP, IP. Electrical Correlation in 75x2 wells

Directional surveying and 245 calliper surveys) Hydrogeology: 250 exploratory wells; Stream studies

Old trenching at Sobolinoyewww.tinresources.com


Contact

Philip AndrewsAdvisor

Pridolian LtdNatural Resources M&A Advisory

Email: [email protected]: philip_andrews.ru

Tel: +353 1 254 2212Mob:+353 83 141 1304Mob:+7 926 947 1211www.pridolian.com

Pridolian

Moussa Palankoev Director

Sable Tin Resources - ZGK 44 Bol. Nikitskaya st. Moscow 121069 Email: [email protected] Tel:+7 495 502 9289www.tinresources.com


mailto:[email protected]


+Sob teaser xi15

Documents

Transcript of +Sob teaser xi15