Askari Metals Limited · ASX:AS2
Askari Metals — Investor Presentation (November 2023)
25 slides from Askari Metals's investor presentation, Nov 3, 2023
Slide 1: Investor Webinar Presentation
ASKARI\’ Investor Webinar Presentation - a Update Crit Nam nibia ond Australian
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared and issued by Askari Metals Limited (the “Company") to inform interested parties about the Company and its progress. The material contained in this presentation sets out general background information on the Company and its activites. It does not consti
Slide 3: Recent and Major Highlights
ECENT AND MAJOR HIGHLIGHTS Flagship Uis Lithium Project in Afri eo poate . ggship is minim Protect in Arica ‘Uis Lithium-Tantalum’ project The Uis Lithium Project in Namibia is located on a highly mineralised, spodumene and petalite rich pegmatite belt: ” + Namibia is mining friendly and heavily und
Slide 4: Phase One trenching targets on EPL 7345
* Phase One will systematically test OP, PS, DP and K9 pegmatites, using 111 trenches across nearly 4,000m " Newly discovered K9 pegmatite target displays visible spodumene and has not been previously sampled or drill tested " Previous rock chip results from targets include up to 3.05% Li,O and up t
Slide 5: Targeted Trenching Campaign Commences
TARGETED TRENCHING CAMPAIGN COMMENCES a a a " >. tf Figure 3: Excavator trenching OP-17 Figure 4: Clearing OP-T19 trench for sampling
Slide 6: Highly-Prospective OP Target
HIGHLY-PROSPECTIVE OP TARGET ‘ FOP - Target Remapping of OP pegmatite is far more extensive than originally understood Estimated surface strike extent of more than 3km Systematic campaign of 21 trenches over an 80m spacing is underway, for a total of 2,074m Outcomes from trenching campaign will guid
Slide 7: Targeted Trenching Campaign Commences
TARGETED TRENCHING CAMPAIGN COMMENCES
Slide 8: For personal use only
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Slide 9: Results to Date
RESULTS T0 DATE Notable rock chip results to date: ly i] onal use on v Map showing the interpre interest along with notable LO ASKARI assays received to date. ASX:AS2 // EXPLORATION UPDATE 9
Slide 10: For personal use only
▪ ▪ For personal use only ▪ ▪ Spodumene enriched zone Quartz core zone
Slide 11: New Spodumene Pegmatite — K9
NEW SPODUMENE PEGMATITE — K9 Historic systematic trenching, likely targeting Sn/Ta Strike extent of at least 1,000m KO Pegmatite K9 Pegmatite feb) yy 3 a joi je) yy pei fob) fe) ‘worldview: 4 itoring e Cress PE Namibia hard rock Li 17k in éhronous orb. The map llstrates a natural band combination vi
Slide 12: For personal use only
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Slide 13: Exploration Geology Team
BONIFACIUS KATANGA - SENIOR EXPLORATION GEOLOGIST ▪ For personal use only ▪ BERTI ROESENER – CONSULTING GEOLOGIST ▪ ▪ SHANE DOGGART – PROJECT GEOLOGIST ▪ ▪
Slide 14: For personal use only
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Slide 15: Forward Plan
ORWARD PLA K9 - Target ASKARI ASX:AS2 EXPLORATION UPDATE Hopnay ro lames Tener 9 Terue epproxmate ea eT HE Nomi ard okt Denes Systematic campaign will continue to roll out over the next 10 weeks, flowing onto DP, PS and newly discovered K9 targets Pending assay results for Phase II drilling on EPL 7
Slide 16: For personal use only
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Slide 17: Questions...
ASKARI\? Questions... For further information, please contact: Mr Gino D’Anna Mr Cliff Fitzhenry Executive Director Chief Exploration and Project Manager Askari Metals Limited Askari Metals Limited M +61 400 408 878 M +27 73 258 9462 E gino@askarimetals.com E cliff@askarimetals.com ASKARIMETALS.COM
Slide 18: For personal use only
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Slide 19: Eastern Pilbara Lithium Portfolio
EASTERN PILBARA LITHIUM PORTFOLIO WESTERN AUSTRALIA 5 Fau ‘ ? : mer Mes % : . wer z : ‘ q ca : ef e : located next to recent discoveries and world-class deposits Mm as2 ~ r. P . 3 — Expansive Eastern Pilbara lithium portfolio strategically = >2,100 km? in the eastern Pilbara close to existing deposi
Slide 20: Yarrie Lithium Project
YARRIE LITHIUM PROJECT WESTERN AUSTRALIA = Phase | projectwide lithium exploration program resulted in more than eleven (11) target areas being generated "Target areas are based on identified lithium and LCT-+ype pegmatite pathfinder minerals from the collection of stream sediment samples, soil samp
Slide 21: Hillside Lithium Project
HILLSIDE LITHIUM PROJECT WESTERN AUSTRALIA _, vm * Significant exploration potential - under-explored eel for lithium and has never been drill tested, highlighting a significant opportunity to make a ' / marrige greenfields lithium discovery ey ee ‘eae y po "Recent regional exploration success in cl
Slide 22: Myrnas Hill Lithium Project
MYRNAS HILL LITHIUM PROJECT WESTERN AUSTRALIA Askari Metals Myrnas Hill 45/4907 ‘ASZ Interpretation of the Goldilocks Zone for 259M @ 1.17% Li20 Lia 7 “ee 7 L Map showing the WA magnetic data and the AS2 interpretation of the “Goldilocks Zone” around the Myrnas Hill project. Major lithium projects i
Slide 23: Barrow Creek Lithium and REE Project
BARROW CREEK LITHIUM AND REE PROJECT NORTHERN TERRITORY Core Lahium Ltd (2X0) ~~. market cap ASSEN my Litiun Pus -CATL = market cap AS343Bn © Precious metas © Aloying metals © Baco metas Q Industral metals © Ratioactve metals Aileron Province ae Peake (© Mount Poako Eastern Target Eor personal use o
Slide 24: Red Peak REE Project
RED PEAK REE PROJECT WESTERN AUSTRALIA gcse: lim so ene Ica aAnly Vf] >) = fs) 4 402.0 96m TREO. |As2'Sameing Jan 2022) soa a Located in the highly sought after Gascoyne Region of WA Adjacent to and along strike of Krakatoa Resources Limited — Mt Clere REE Project Initial sampling of the pegmatites
Slide 25: ASX References and Compliance
ASX References and Compliance Information contained within this announcement has been prepared based on reliance on ASX announcements as noted in the table below: 10 August 2023 Piya © 20 suly 2023 O a suiy 2028 22 June 2023 (/) 21 tone 2023 Sj 5 June 2023 1 June 2023 (G25 May 2023 S| 17 May 2023 ©
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