Desert Metals Ltd. · ASX:DM1
Desert Metals — Investor Presentation (October 2022)
20 slides from Desert Metals's investor presentation, Oct 19, 2022
Slide 1: Investor Presentation October 2022
For personal use only Rare Earth Elements Nickel | Copper | Gold Narryer Terrane, Western Australia Investor Presentation October 2022 www.desertmetals.com.au October 2022 Investor Presentation October 2022 www.desertmetals.com.au
Slide 2: Disclaimer
Disclaimer For personal use only NATURE OF DOCUMENT This presentation has been prepared and issued by Desert Metals Limited (Company) to provide general information about the Company. The information in this document is in summary form and should not be relied upon as a complete and accurate represe
Slide 3: Desert Metals ASX:DM1
Desert Metals ASX:DM1 For personal use only Dingo Pass Desert Metals has a full pipeline of mineral projects Innouendy in Western Australia including: • Recent discovered clay hosted Rare Earth Elements at Innouendy • Nickel-Copper-PGE prospects along the craton margin at Belele Innouendy and Dingo
Slide 4: Desert Metals Rare Earth Element Discovery
Desert Metals Rare Earth Element Discovery For personal use only • Analysis from the recent drilling program at the Innouendy project in WA confirmed a significant clay-hosted rare earth discovery • Desert Metals holds over 1,600 km2 in an emerging new REE province • TREO intersections within the cl
Slide 5: Electrification - Critical Minerals Supply will need to Increase
Electrification - Critical Minerals Supply will need to Increase For personal use only Electrification and the global energy transition is substantially raising demand for certain minerals and metals. • Solar and wind power generation, grid expansion and electromobility (motors and batteries) will b
Slide 6: Rare earth elements uses
Rare earth elements uses For personal use only • The sudden REE boom reflects these elements’ unique optical and magnetic properties (Adler and Müller, 2014) • Roskill (2021) reports that rare earth permanent magnets, the largest single end use, accounted for 29% of total demand in 2020 • By 2030, m
Slide 7: Production
Production- Rare Earth Elements For personal use only • China produced more than half of the total global rare earth oxide in 2021- 168,000 tonnes • Australia’s production comes from Lynas Mt Weld mine in Western Australia Investor Presentation October 2022 www.desertmetals.com.au https://www.statis
Slide 8: Production
Production- Rare Earth Elements For personal use only • Production of rare earth elements more than doubled between 2010 and 2021 from 133,000 tonnes in 2010, to an estimated 280,000 tonnes in 2021. • The United States was the world’s largest supplier of REEs until the emergence of China in the mid-
Slide 9: Rare Earth Oxide Prices
Rare Earth Oxide Prices For personal use only Investor Presentation October 2022 www.desertmetals.com.au
Slide 10: Clay versus Hard Rock REE
Clay versus Hard Rock REE For personal use only Advantages of clay Clay REE Hard Rock REE deposits Project location Dominated by Asia, Mainly China, also projects Geographic distribution of specifically China and in Australia and the U.S. of resources and production Myanmar America Element compositi
Slide 11: Innouendy clay hosted rare earth discovery
Dingo Innouendy Pass Opal Bore Innouendy Rare Earth Elements Irrida Irrida East For personal use only Hill Hooper Belele • Desert Metals is advancing its Significant Clay hosted Rare Earth Element Discovery at Innouendy 452500 455000 457500 460000 462500 465000 467500 470000 Location of aircore and
Slide 12: Innouendy
Innouendy Rare Earth Elements For personal use only • First assay results from the initial 1,128m of a 12,745m aircore and Figure 1. Assays reported from RC drilling program have been received and confirm the presence of holes INAC 069-083 and thick - and continuous rare earths mineralisation lying
Slide 13: Innouendy
Innouendy Rare Earth Elements For personal use only • Selected samples analysed by Lithium borate Figure 2. Total Rare Earth Oxides from two sections of assays received to fusion, ICP-MS finish were re-analysed by weak date. Red drill traces = assays not yet acid (Aqua Regia) digest to test the leve
Slide 14: Dingo Pass Ni-Cu-PGE's
Dingo Dingo Pass Ni-Cu-PGE’s Innouendy Pass Opal Bore Irrida For personal use only East Irrida Hill Hooper • Dingo Pass – just inboard of craton margin on major cross craton structure. Belele Magnetic dome feature with a cluster of extremely high conductance EM targets and coincident soil anomalies
Slide 15: Dingo Pass Ni-Cu-PGE's
Dingo Pass Ni-Cu-PGE’s For personal use only • Initial drilling did not intersect sufficient sulphides to explain the conductors at Dingo Pass. • The targets are untested and still “live • First drilling at Dingo Pass intersected metamorphosed mafic intrusions with traces of disseminated copper (Cu)
Slide 16: Belele Copper - Gold
Dingo Belele Copper - Gold Innouendy Pass Opal Bore Irrida For personal use only East Irrida • DM1’s RC drilling confirmed presence of Hill Hooper greenstone belt and shearing Belele • >30km strike of gold prospective sheared greenstone belt Remnantly • 100% concealed under shallow cover and entirel
Slide 17: Belele Copper - Gold
Belele Copper - Gold For personal use only • RC drilling confirmed the presence of the A A` greenstone belt, shearing and conductive copper sulphide mineralisation • The entire Belele license which is now known to be underlain by the Mingah Lithology Legend Range Greeenstone Belt has become Overburd
Slide 18: Corporate overview
Corporate overview For personal use only Capital Structure Board of Directors Share Price (18 October Mr Stewart has over 30 years of international legal and commercial experience, particularly in the resources industry, A$/share 0.47 in Africa, Asia, North America and Australia. 2022) He worked as
Slide 19: Desert Metals Outlook
Desert Metals Outlook For personal use only • Defining a new clay hosted Rare Earth Element Discovery Des • First mover status in emerging Ni-Cu province • Focus on Innouendy, Dingo Pass and Belele projects • Numerous secondary targets • Substantial leverage to exploration success on any one project
Slide 20: Contact us
For personal use only Contact us ROB STUART Managing Director Phone +61 8 97581333 Email admin@desertmetals.com.au Investor Presentation October 2022 www.desertmetals.com.au