Narryer Metals Limited · ASX:NYM
Narryer Metals — Investor Presentation (February 2023)
22 slides from Narryer Metals's investor presentation, Feb 7, 2023
Slide 1: Exploring Renewable Energy Resources
Exploring Renewable Energy Resources I n v e s t o r Pr e s e n t a t i o n - F e b r u a r y 2 0 2 3 ASX:NYM
Slide 2: Important Notice & Disclaimer
2 Important Notice & Disclaimer This presentation has been prepared by Narryer Metals Limited (Narryer or the Company) and contains background information about Narryer current as at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or comple
Slide 3: Why Narryer?
3 Why Narryer? ‣ Strategic ground, 100% owned for Ni-Cu-PGE and REE in both the Narryer Terrane (Western Australia) and Gawler Craton (South Australia) ‣ Drilling of Ni-Cu-PGE Targets completed at Narryer Project – assay results pending ‣ REE and scandium mineralisation identified at Ceduna Project,
Slide 4: Experienced Team
4 Experienced Team Philip Warren Non-Executive Director Richard Bevan • Chartered accountant and Managing Director of corporate advisory firm Grange Consulting Group Non-Executive Chairman • 15+ years of corporate advisory experience specialising in financing, capital • Extensive senior management e
Slide 5: Narryer Ni-Cu-Co-PGE and REE Project, WA
Narryer Ni-Cu-Co-PGE and REE Project, WA 5
Slide 6: Location and Background
6 Location and Background ‣ Narryer Project covers >2000km2 of tenure ‣ M-UM intrusives identified by previous explorers and the GSWA in Narryer Terrane, Yilgarn Craton ‣ Minimal modern Ni-Cu-PGE exploration ‣ Targeting chonolith-style Ni-Cu-PGE (e.g. Nova Bollinger, Savannah) and layered PGE-Ni- Cu
Slide 7: Prospective Terrane for intrusion related Ni-Cu-PGE Deposits
7 Prospective Terrane for intrusion related Ni-Cu-PGE Deposits Exploration Criteria for magmatic Ni-Cu Positives for the Narryer Project area Large igneous province (LIP) near the edge of an ancient craton Near a major province boundary, connecting with deep penetrating faults Small to medium size m
Slide 8: Exciting Terrane
8 Exciting Terrane ‣ Chalice Mining (CHN) with surrounding tenure, recognising similar geological setting to Julimar 1 ‣ Desert Minerals (DM1) Innouendy Prospect area shows evidence of Ni-PGE and ionic clay hosted REE mineralisation 2,3,4 ‣ Krakatoa Resources (KTA) has made a major ionic clay-hosted
Slide 9: Mt Nairn Ni-Cu-Co-REE Project, WA
Mt Nairn Ni-Cu-Co-REE Project, WA 9
Slide 10: Mt Nairn – Drilling
10 Mt Nairn – Drilling ‣ Key Ni-Cu-PGE target area > 20km zone of M-UM intrusive rocks in outcrop and magnetics at Milly Milly and Irrida areas ‣ Cumulate UM observed, Rock chip assays up to 0.6% Ni1 ‣ ~ 3700m of RC drilling completed. Assays results in coming weeks ‣ Targets include – ‣ 8 anomalies
Slide 11: Taccabba Well PGE Prospect Area
11 Taccabba Well PGE Prospect Area ‣ Taccabba Well Prospect targets PGE associated with chromite-layering in layered Mafic Ultramafic complex (e.g. Panton Sill PGE deposit, Future Metals) ‣ Newly discovered layered Intrusive ~ 25km strike length, mostly under cover ‣ Chromite bands (up to 3% Cr) ide
Slide 12: REE at Mt Nairn
12 REE at Mt Nairn Th Channel, Milly Milly area ‣ Narryer Terrane new frontier for ionic clay REE ‣ Mt Nairn has similar geology to Innouendy 1 (Desert Metals) and Mt Clere 2 (Krakatoa Resources) Discoveries ‣ Th anomalies related to weathered leucocratic gneisses at Milly Milly Prospect area, simil
Slide 13: Rocky Gully REE Project, WA with Ni-Cu-Co mineralisation potential
Rocky Gully REE Project, WA with Ni-Cu-Co mineralisation potential 13
Slide 14: Significant REE Project, WA
14 Significant REE Project, WA ‣ Narryer entered an option agreement to acquire REE project at Rocky Gully, Western Australia1 ‣ Targeting clay hosted REE and Scandium – mineralogy and metallurgy underway ‣ Carbonatite Hosted REE – new focus ‣ 80km NW from Albany, located along the Albany Frazer Bel
Slide 15: Clay-Hosted REE / Scandium
15 Clay-Hosted REE / Scandium ‣ Significant REE ( > 5000 ppm TREO) and Scandium (> 500 ppm Sc2O3)mineralisation identified in saprolite from multiple drilling intersects over ~ 1.5km strike, ~ 30m average thickness ‣ Mineralised intervals are rich in “high value” magnet suite of REE oxides (MREO – P
Slide 16: Rocky Gully REE Carbonatite
16 Rocky Gully REE Carbonatite ‣ Investigation underway on high value, carbonatite hosted mineralisation – major source for REE and Nb ‣ Previous drilling identified carbonatite intrusive and assoc. alteration ‣ Possible source for REE in the surrounding and regolith ‣ Geophysical modelling underway
Slide 17: Sturt and Ceduna Ni-Cu-Co-PGE-REE Projects, SA
Sturt and Ceduna Ni-Cu-Co-PGE-REE Projects, SA 17
Slide 18: Ceduna & Sturt, SA Ni-Cu-Co-PGE-REE
18 Ceduna & Sturt, SA Ni-Cu-Co-PGE-REE ‣ Two areas targeting magmatic hosted Ni-Cu-Co- PGE and Ionic Clay REE mineralisation in Gawler Craton, South Australia ‣ M-UM intrusive sited along major tectonic structures ‣ Previous exploration of NYM ground identifies anomalous Ni sulphides and PGE’s which
Slide 19: Ceduna, SA Ni-Cu-Co-PGE-REE
19 Ceduna, SA Ni-Cu-Co-PGE-REE ‣ ~3,200km2 of prospective tenure ‣ Near existing infrastructure ‣ M-UM intrusive sited along major tectonic structures ‣ Eight key Ni-Cu-PGE targets ‣ Cooper Hill a priority PGE target, with PGE mineralisation in gabbro's identified in previous RAB drilling - 1 • 20 m
Slide 20: Ceduna, SA Ni-Cu-Co-PGE-REE
20 Ceduna, SA Ni-Cu-Co-PGE-REE ‣ 45 historic drillholes from over 300 tested, contained intervals between 500 to 2484 ppm TREO, hosted in saprolite clays 1 ‣ Several of the tested areas contained elevated scandium oxide, with a sample up to 590 ppm 1 NYM : ASX announcement 7 February 2023
Slide 21: Six Month Catalysts to Drive Shareholder Value
21 Six Month Catalysts to Drive Shareholder Value UNDERWAY UNDERWAY UNDERWAY UNDERWAY UNDERWAY ON TRACK ON TRACK Drilling of EM Taccabba Well Mapping/rock Ceduna testing Rocky Gully RAB drilling of On going targets at Mt chromite bands chip sampling of of >300 historic metallurgy – PGE target at eva
Slide 22: Contact Details
Contact Details Dr Gavin England Investor Relations Managing Director Evy Litopoulos – ResolveIR gavin@narryer.com.au evy@resolveir.com +61 8 9322 7600 ASX:NYM For more info: www.narryer.com.au 22
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