Projects } TBK Capital

Partner sought for Gold and Silica mining

Our client, Southland Silka Limited, owned and managed by an experienced mining engineer, holds title to New Zealand Petroleum and Minerals (NZPAM) permits in Southland. It is currently receiving interest from multinationals.

Our client, Southland Silka Limited, owned and managed by an experienced mining engineer, holds title to New Zealand Petroleum and Minerals (NZPAM) permits in Southland. It is currently receiving interest from multinationals.

Underneath its exploration permit, covering 7,500 hectares of the Waimumu Quartz Gravels, lies unexplored gold and silica deposits. This permit contains an Inferred Ore Reserve of 50 million cubic metres of high purity silica and 50,000 ounces of gold. 

The revolution in batteries

With climate change related events appearing regularly in the news, even the climate change sceptics must be re-appraising their position. International celebrities like Greta Thornburg, David Attenborough and Stephen Hawkins have predicted the transition from hydrocarbon powered vehicles to EV vehicles needs to be both radical and immediate.

This fits perfectly with New Zealand’s desire to be “Clean and Green” and provides an opportunity for investors here to participate in the transition from graphite lithium-ion anode batteries to silicon lithium-ion batteries for jobs and industry.

The recent release of the Climate Change Commission report announced - no new hydrocarbon cars after 2032. Also read How New Zealand will go Zero Carbon.

International market

It is no surprise that NASA provided the grant which constitutes the breakthrough for the next generation of EV batteries capable of holding 10 times the charge, more lightweight and faster to recharge. An Israeli company StoreDot has already achieved this commercial goal.

Nowhere on the Globe, within an equilateral triangle with 150 km sides, is there:

  • A renewable energy power station the equivalent of Manapouri.

  • A high-purity silica deposit such as the Southland Silica Limited asset

  • An about to be redundant industrial facility like Tiwai Point.

Together with New Zealand’s “Clean and Green” international reputation, there arises the opportunity to use this situation to participate in the transition from graphite lithium-ion anode batteries to silicon lithium-ion batteries for jobs and industry. Those interested in this concept include the following comments:

  • Dr Doron Myersdorf, CEO of Israeli EV battery researcher StoreDot. “We’re on the cusp of achieving a revolution in the EV charging experience that will remove the critical barrier to mass adoption of EVs.”

  • Produced by StoreDot’s strategic partner in China, EVE Energy, the new XFC (extra fast charging) battery cells do not require a redesign of manufacturing equipment, being designed to be produced on existing lithium-ion battery production lines.

  • Joe Biden ran on the most ambitious environmental agenda of any president in US history, promising not only to roll back the damage done by his predecessor, but to bring a greater focus to fighting climate change than any administration before his.

  • John Kerry the special presidential envoy for climate stated that literally trillions of dollars globally are being invested in electric vehicles and in battery storage.  “We have just 9 months to make this change in industry and attitudes take effect”.

Progress to date and the goals

Batteries capable of fully charging in five minutes have been produced in a factory for the first time, marking a significant step towards electric cars becoming as fast to charge as filling up petrol or diesel vehicles.

As a result Southland Silica Limited is in negotiation with multinationals from around the globe working on developing new generation EV battery production at Tiwai Point. The gold they have in under their prospecting license is a bonus.

The initial goal is to make Nomad Mining a profitable enterprise by upgrading and completing the automation of the current plant. This alongside marketing our Wamumu Pearl product including capital investment in value adding to the product.

The ultimate goal is to secure the feedstock contract to a metallurgical silicon smelter at the Awarua Industrial Estate. The product from which facility will be used to manufacture the next generation of EV batteries. The income from this contract at 300,000 tons per annum for 50 years will be $30 million per annum plus sale of gold another $20 million per annum.

Further information

This is a company that owns valuable mining rights. It is looking for investors to join its business and make it profitable enterprise by upgrading and completing the automation of the current plant.  Email or call me on +64 21 902 901 for further details.

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The above investment is not an offer of financial products that requires disclosure under the Financial Markets Conduct Act 2013 (Act) and is available only to wholesale investors as defined by that Act. It is intended for distribution only to selected people to whom, under the relevant laws, it can be lawfully distributed. It cannot be distributed in any other jurisdiction, or to any other people. It is not an offer or solicitations in any jurisdiction in which such offers or solicitations are not authorised, or in which the person making such offers or solicitations are not qualified to do so, or to any person to whom it is unlawful to make such offers or solicitations. Any representation to the contrary would be unlawful. No action has been taken by any person that would permit a public offering in any jurisdiction where action for that purpose would be required.

Cheers




John Paine B.Sc., Dip BIA
TBK Capital Limited
Level 10,120 Albert Street
Auckland 1010, New Zealand
Phone +64 9 307 3257
Mobile +64 21 902 901
Email john.paine@tbkcapital.co.nz

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