GIYANI METALS CORP, K.HILL PROJECT
K.HILL PROJECT INVESTMENT HIGHLIGHTS
Manganese oxide deposit in a supportive mining investment jurisdiction
Robust project economics: 80% IRR and CAD442M NPV10
Low project capex of CAD159M*
*PEA April 2021
Low operating costs of USD583/t HPMSM
Feasibility Study due Q3 2021
Mining friendly jurisdiction
Experienced management and board with a track record of successful project delivery
Well positioned to leverage the growth in the battery electric vehicle market
OWNERSHIP
100% interest in an extensive land package covering 2,588km2 in south-eastern Botswana
PROJECT PIPELINE
3 battery-amenable manganese Prospects (K.Hill, Otse & Lobatse), as well as several additional targets, provides optionality for increasing the overall resource size and extending the project life
ROUTE TO MARKET
5 seaports accessible by rail and road with cost effective shipping to Asia, Europe and North America
INFRASTRUCTURE
The K.Hill Project is located near the 45,000-inhabitant town of Kanye, which hosts good rail and road connections, sufficient water supply, a 167-bed hospital and reliable power connectivity
JURISDICTION
Botswana is consistently rated as one of the most attractive African countries for supporting investment in mining, due to favourable tax regulations and efficient government processes
Only African country with investment grade credit rating. Established mining industry since independence in the 1960s. Very low levels of corruption - ranked 34 of 198 countries by transpency.org (highest in Africa)
K.HILL FLYOVER
PROJECT PEA (April 2021)
| Net Present Value | CAD442M (USD332M)* after tax CAD573M (USD431M)* pre tax |
|---|---|
| Internal Rate of Return | 80% after tax |
| Capex | CAD159M (USD118M)* Capex CAD7M (USD5M)* closure cost |
| Cash Costs | USD583/t HPMSM Produced |
| Payback | within year 3 |
| Project Life | 10 years |
| Planned Production Rate | 40 - 115kt per annum of High Purity Electrolytic Manganese Metal |
| Mining Method | Open pit, free-digging mining (no blasting required) |
PROJECT MILESTONES ACHIEVED
Dec. 2017
Appointment of Mr. Robin Birchall as CEO & Director
Sep. 2018
Completion of K.Hill maiden Mineral Resource estimate; 1.1M tonnes at 31.2% MnO
Aug. 2019
Completed K.Hill PEA with NPV10 of C$379M & IRR of 90%
Dec. 2019
Commencement of K.Hill Feasibility Study & ESIA
Apr. 2020
Updated K.Hill PEA increasing resource & project economics to NPV10 of C$389M & IRR of 82%
Dec. 2020
Received approval for ESIA Scoping & Terms of Reference by DEA
Jan. 2021
Completed Solar Plant Study & Appointed Tetra Tech to design Demo Plant
Mar. 2021
Dec 2020 raised C$7.5M equity financing and in Mar 2021 raised C$11.5M in bought deal equity financing
Apr. 2021
Updated PEA 36% increase in MRE with 21% increase in NPV10 of C$442M & IRR of 80%