Daleco Resources Corp.
Transcription
Daleco Resources Corp.
Daleco Resources Corporation OTCBB: DLOV Industrial Minerals Division Shareholders Presentation March 7, 2007 www.dalecoresources.com Daleco Resources Corp. Contents • • • • Industrial Mineral Market Properties Status Report Acquisition Strategy 2007 Work Plan Daleco Resources Corp. Industrial Mineral Market • • • • • • Displace a Competitor, or Introduce New Products (R&D) Intensive Testing Protocols Transportation / Logistics Marketing / Distribution Network Competitive and Stable Daleco Resources Corp. Properties Status Report Current Properties • • • • Sierra Kaolin Marfa Zeolite Oro Grande Calcium Carbonate Beaver Zeolite Daleco Resources Corp. SIERRA KAOLIN™ PROJECT Gila National Forest Sierra Kaolin™ (Tecumseh Professional Associates) Fall 2005 • • 16 Core Holes (+1500’) +600 Samples 1st Q 2006 • • • • • Steve Maynard – Geology-Report, Map & X-Sections ACME Labs - Whole Rock Chemical Analysis University of Indiana – X-ray Diffraction University of New Mexico – SEM Mineral & Resource Technology and Dr. R. Conley - Physical 2nd Q 2006 • • • US Forest Service Approval to Remove 30K tons Analysis and Analytical Work Continued Pincock, Allen & Holt (PAH) - Geologic Model and Resource Report Daleco Resources Corp. Sierra Kaolin™ 3rd Q 2006 • • • • Filed 8 Federal Lode Claims - further protect position Resource Estimate & Geology Model by PAH Resources on 32 acres of + 2700 acres (~1%) – Indicated Resource – 1.4 M tons – Inferred Resource – 2.0 M tons Commenced the Pre-Feasibility Study Documentation 4th Q 2006 • • • Technical Review of Database - Ginn Mineral Technology GINN Commences Ore Analytical and Laboratory Tests Preliminary Mining Concept Daleco Resources Corp. Sierra Kaolin™ 1st Q 2007 • • • • • Initial Processing Trials - being completed Processing Trials (GINN) – ongoing Product Development Work (GINN) - continues Permit Applications – begun Mine Pit Design (PAH) – awarded 2nd Q 2007 • • • • Pre-Feasibility Study & Initial Business Plan Process Flowsheet Develop Marketing Strategy Begin Processing Plant Design Daleco Resources Corp. Sierra Kaolin™ Remaining 2007 • • • • • • • Product Development & Specifications Client Identification & Marketing Client Testing of Sample Products Permitting Process - Plant Additional Drilling & Trenching Program – Identify Proven and Probable Reserves – Supplemental Quality Information Place Mine into Production Plant Design and Equipment Procurement 1st Half 2008 • Plant Construction & Start Up Daleco Resources Corp. Potential Products GINN Mineral Technology Assessing Viability • • • • • Coatings – Pulp & Paper Pigments - Paint Fillers – Plastic & Ceramic Meta-Kaolin – Cement Admixture Halloysite - Nano Tube Technology Daleco Resources Corp. Marfa Zeolite El Paso, TX Marfa Zeolite Property Mexican Border Daleco Resources Corp. Reserve Definition Program • • • • • • • Geological Field Mapping Regional Geology Interpretation Surveying of Property Drilling & Sampling 2400’ (26 holes) Analytical Work - +240 composite samples Work on only ~500 acres (10% of Claim Area) Geological and Reserve Report – KT Minerals – – Preliminary Numbers of Approximate Proven Reserves = 35M to 40M tons Reportable Reserves & Resources All Categories – end of March 2007 Daleco Resources Corp. Aerial View Maintenance Shops Crushing Plant & Active Pit Area Resource Base Access Road Railway Daleco Resources Corp. Overview Raw Stockpile Active Pit Railway Crushing Facilities Future Pit Access Road Daleco Resources Corp. Crushing Facilities Daleco Resources Corp. ZeoCast • • • • • • • • • ZeoCast JV in Place with Zinkan Enterprises Clients Continue Testing/Formulation New Clients Identified – testing to start Process Design on Hold – final specifications Produce Bulk Sample - once testing completed Sales Potential – short term 100K to 300K t/yr Capital Investment - $3M to $5M Total North American Market – +1.0 M tons t/yr Timing to Production – 3 to 6 months Daleco Resources Corp. Steps to ZeoCast Production • • • • • • • • • • Reserve Definition Program – being completed Testing & Acceptance of Product – by various clients Bulk Sample Tests – 25 to 100 tons Marketing / Sales Contracts – sign long term contract Technical Work – mining, crushing, classifying, storage Transportation & Logistics – study underway Economics & Financing – financed by JV partner Permit / Government Affairs – current permit Purchase Equipment – mining and processing Development & Construction– earthworks & civil Daleco Resources Corp. Other Zeolite Uses • • • • • • • Dr. Norbert Schmidtke Engaged Internationally Recognized Scientist in Wastewater Treatment Conducting a Peer Reviewed Literature Search on the Current Uses of Zeolite Review Past Work & Patents, including ReNuGen™ Work together with Bill Smith on Applications Develop a Scientific Database that Supports Product Introduction to Clients Zinkan Enterprises Researching Other Applications of Marfa Zeolite Daleco Resources Corp. Oro Grande Calcium Carbonate Interstate Highway I-40 BNSF Railroad Correo Plant Site C Oro Grande Property View towards Plant Site from Oro Grande Mine Site Oro Grande Mine Site Layered Calcium Carbonate Beds Oro Grande Mine Mining Trench using Milling Machine (no blasting) Scoping Study • • • • • • Study Completed & Indicated Best Uses of Property – Cement Plant, Local Aggregate Inferred Resources ~ >500M tons Cement Plant Study Initiated Concludes that Cement Plant Viable Marketing Presentation Prepared Approach Potential Cement Companies as Partners Daleco Resources Corp. Regional Market (NM & AZ) Cement Plant • • • • • • • Currently 1 plant in NM (capacity 500K t/yr - GCC) Regional Demand – 6.1M t/yr* / Supply – 3.0M t/yr* Remainder Supplied from Other Areas Avg. Price (fob plant 2004) was $84.40 per ton National Average Price (2004) was $70.98 per ton Room for a plant of 600K or larger per year Cost of Small Cement Plant ~$ 160M Aggregate • • Local Road Construction Small Market for Ground Cover (* Source: U.S.G.S. – for 2005) Daleco Resources Corp. Aggregate Supply (Denali Enterprise) • Upgrade to Navajo Regional Route N55 (16 miles of grading and surfacing near Oro Grande) • Aggregate Supplier Needed (~300K tons over 6 months) • • • • Currently in the Design Phase Bid Packages from CCR – 2nd Q Construction Work by BIA Scheduled to start 3Q 2007 Oro Grande Calcium Carbonate in Good Position Daleco Resources Corp. Beaver Zeolite • • • High Grade Zeolite Deposit No Work Done to Date 3rd Q Field Geology Investigation • 4th Q Develop Resource Definition Program Daleco Resources Corp. Acquisition Strategy • • • • • • Cash Flow Synergies Logistics Marketing Industrial Mineral Expertise Plant Facilities Daleco Resources Corp. Acquisitions Three Pursued in 2006 • Borates Industry – chose not to sell • Filler & Additives Industry – unsuccessful • Talc Industry – discussions continue 2007 Opportunities • Zeolite Industry – current producer • Filler Industry – non-core subsidiary • Other Compatible Opportunities - ??? Daleco Resources Corp. 2007 Work Plan • • • • • • • • Sierra Kaolin Towards Production with TPA ZeoCast JV Start Up with Zinkan Enterprise R & D & Marketing Other Uses of Zeolite Search for Cement Plant Partner Aggregate Supply Bid Talc Acquisition Other Potential Acquisitions Beaver Zeolite Geology Investigation Daleco Resources Corp. Daleco Resources Corporation A Changing Company Offering Growth Opportunity www.dalecoresources.com OTCBB: DLOV Daleco Resources Corp.