Investor Presentaiton
RECORD RIDGE MAGNESIUM MINE
A Unique Investment Opportunity
Advanced
Project
Magnesium
Market
C
•
•
World Class advanced-stage project expected permit shovel ready in 2022, with
robust economics based on KPM PFS-2 Study, showing economics after tax NPV
10% of $1,243 millions and an IRR of 55%
1
Conventional open pit mining operation with potential 43 years mine life¹
High purity (over 99%) MgO and Mg(OH)2 products with Ni, Fe and SiO2 byproducts.
Global annual market for all magnesium products exceeding 29M tonnes
High purity magnesium oxide is growing globally with CAGR projections of 6% in
the next 10 years. High demand for multiple verticals including metals, food and
pharma, agriculture, tech, infrastructure, etc.
Premium
MgO Product
Proprietary process producing premium (>99%) MgO and Mg(OH)2 products
with nickel and silica byproducts
Green process with no waste and little to no emissions.
Great
Infrastructure
•
Located near Rossland, BC - one of the best mining jurisdictions in the world
Full infrastructure in place including established roads and highways, electrical
power, water and natural gas.
Local labor and support services in proximity
1. Based on 1M tpy mining operation
WHY.V | October, 2022
4View entire presentation