Sable Tin Resources owns the Sable Tin deposit in Russia which contains high grade tin, copper, and tungsten reserves. The deposit has been extensively explored through 529 drill holes and shows potential to be a world class, low cost operation. It is located near existing infrastructure in a mining region of Russia that offers tax incentives and government support for development. The deposit could help address a growing global tin supply shortage as major producers face declining grades and capacity constraints.
2. Pridolian
Now is the time to invest in Tin !
–And this is one of
the most exciting opportunities
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3. Sable Tin Resources registered as Zaibaikalsky
Gornorudniy Kompanii (“ZGK”) is a privately held company
focused 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
4. 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 Non
Compliant
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% 712 000
ITRI 2016 Report: Global Tin Resources and Reserves
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5. 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 battery
applications
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 $13000
Rallied 33% on Indonesian and Chinese production cuts,
and low inventories,
Demand climbed 4.3% in Q1 2016 (Chinese demand 12%)
2013 14 15 16 17 18 19 20 21 22 23 24 2025
0
5000
10000
15000
20000
25000
Tin Price Forecasts
LME Stocks
World Bank
WB US$ Constant
EIU
BMI
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6. 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
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7. Location
Pridolian
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
www.tinresources.com
8. Site Geology
Pridolian
Morphology
Quartz-tourmaline impregnated vein bodies
Near-vertical and easy gradient (60-48°)
Exception: Leningradskaya and part of Nezhdannaya
zones
Upper Host rocks: Cretaceous sedimentary
Lower Host rocks: Jurassic terrigenous hosted
volcanics
Mineralisation
Same mineral assemblages within deposit zones
quartz-tourmaline, quartz-cassiterite, quartz-sulphide,
and supergene
Concentrated in lower structural floor – Jurassic sand
and shale
Minerals
Cassiterite, chalcopyrite, arsenopyrite
Wolframite, pyrite, cellular-pyrite
85-90% of tin in cassiterite, mainly quartz associated
Oxidized 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)
www.tinresources.com
9. Site Geology
Pridolian
Komsomolsk Tin District
35 occurrences - 500 mineralised zones (1000 km2)
13 fields of which 9 are economical
Deposit - geological structure
Similar to other deposits in the district
Complex Jurassic-Lower Cretaceous flysch sedimentation
and late cretaceous marine sedimentation and
volcanogenic units.
Extrusions of acidic and intermediate composition intrude
units.
Represented by quartz dioritic porphyries
Widely developed tectonic structures
Practically all are mineralized
Industrial mineralization controlled by NW and NS
structures
Ore bodies / zones
Similar material composition
Six large and medium scale ore bodies were identified
83% of mineralisation in three zones - Sobolinaya,
Leningradskaya and Nezhdannaya
Numerous small ore bodies
Mineralisation related to cassiterite- silicate ore units of
cassiterite-tourmaline mineral type
Mineralisation along strike and dip, ranges from tens to
several hundreds of meters
Thickness: 0.2 – 18.0m; average: 4.4m
www.tinresources.com
10. Pridolian
Exploration
Discovery
1964 on the basis of 1:5000 – 1:10000 Mapping
Areal, prospecting and geophysical surveying
Presence of commercial concentrations of tin at surface
Preliminary exploration 1972-1977
Detailed exploration 1977-1987
Drilling
529 wells Depth: 50 - 700 m
230 800 m
Grid: C1 20x20; C2 40x40
Core Recovery 60-70%. No remaining core
Sampling
8100 trench samples
24 Bulk samples
12 technological laboratory samples
Core sampling 39046
Petrographic research
2400 samples, 30 bulk samples,
146 mineralogical technological; 343 mono-mineralogical
Intense geophysical surveys
Gamma ray logging: position and size of contacts of
quartz-tourmaline zones in context of exploratory wells
X-ray radiometric to determine Sn content
SP, IP. Electrical Correlation in 75x2 wells
Directional surveying and 245 calliper surveys)
Hydrogeology: 250 exploratory wells; Stream studies
Old trenching at Sobolinoyewww.tinresources.com