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Investor Presentaiton

Ⓒ Taronga - Australia FIFTH LARGEST UNDEVELOPED TIN RESERVE GLOBALLY TARONGA IS A LOW RISK ASSET IN A LOW RISK JURISDICTION The updated JORC MRE is reported using a 0.05% tin cut-off to a maximum depth of 300m below surface, delivering a 240% increase in size on the previous MRE Category Measured Freehold Land Ownership Low Risk Indicated Sub-Total (M&I) Inferred Low Strip Ratio Low Cost Mining TOTAL Simple Metallurgy Low Cost Processing Tonnage (Million) 33.0 38.9 71.9 61.1 133.0 Grade (% Sn) 0.13 0.11 0.12 0.09 0.10 Tin (Tonnes) 44,200 42,000 86,200 51,900 138,300 (Minor rounding errors) Resources estimated under JORC 2012 guidelines (details and Table 1 on First Tin website) Comparison with 2014 MRE using a 0.10% Sn cut-off shows a 40% increase in tin content 2014 MRE 2023 MRE Solar Grid Power Low Cost And Reliable Tonnes Grade Tin (Million) (%Sn) (Tonnes) Tonnes (Million) Grade (%Sn) Tin (Tonnes) Change % Water Rights Allocation Received History of Mining Social License Measured Indicated Sub-Total Inferred TOTAL 21.5 0.17 35,700 26.9 26.9 9.4 0.17 45,200 16.5 0.16 26,000 (42.5) 0.17 45,200 38.0 0.16 61,700 36.5 0.13 12,000 13.4 0.14 18,600 55 36.3 0.16 57,200 51.5 0.16 80,300 40.4 FIRST TIN OWNS 25KM² OF FREEHOLD LAND *First Tin owns freehold land covering 70% of the resource area. 30% is potentially subject to Native Title negotiations FIRST TIN INVESTOR PRESENTATION | Q4 2023 (Minor rounding errors) Resources reported in accordance with JORC 2012 guidelines (details and Table 1 on First Tin website) 2014 Estimates prepared by Mining One, August 2014, at a 0.10% tin cut-off grade. 2023 Estimates prepared by H&S Consulting, September 2023, at a 0.05% tin cut-off, quoted here at a 0.10% Sn cut-off Forecast Tin Production ~3000-4000 tpa tin in ~55-60% conc 7
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