Meteoric Resources Nl · ASX:MEI
Meteoric Resources Nl — Meteoric Resources — Investor Presentation (July 2023)
16 slides from Meteoric Resources Nl's investor presentation, Jul 24, 2023
Slide 1: Investor Presentation
For personal use only Investor Presentation The World’s Highest Grade Ionic Adsorption Clay REE Deposit ASX:MEI JULY 2023
Slide 2: Disclaimer
DISCLAIMER The material in this Presentation has been prepared by Meteoric Resources NL (“Meteoric”) and is general background information about Meteoric’s current activities as at the date of this presentation. This information is given in summary form and does not purport to be complete. Informati
Slide 3: Company Overview
COMPANY OVERVIEW Supported by an experienced and competent Board, the share price has performed significantly well this year MEI Snapshot MEI:AU For personal use only ASX Code MEI $0.30 250 Share Price (17/07/23 Close) A$ 0.245 Shares on Issue 1,940M $0.25 200 Market Capitalisation A$480M $0.20 Liqu
Slide 4: Rare Earths and Why We Need Them
RARE EARTHS AND WHY WE NEED THEM For personal use only 4 REE have permanent magnet power Light Rare Earth Elements Heavy Rare Earth Elements (LREE) (HREE) 4 INVESTOR PRESENTATION | July 2023
Slide 5: Rare Earth Overview
RARE EARTH OVERVIEW Global governments have listed rare earths Rare Earths are critical in terms of For personal use only as critical minerals including Australia, future consumption and economic USA, EU, Canada and the UK security requirements. Downstream Demand for Rare Earths REE Mining REE Magne
Slide 6: Rare Earth Deposit Types and Comparables
RARE EARTH DEPOSIT TYPES AND COMPARABLES Ionic clay allows for expedited development timelines, reduced capex requirements and a higher value product Ionic Clay-hosted REE Hard Rock-hosted REE For personal use only Location ▪ Predominantly mined in China and Myanmar ▪ Majority of production based in
Slide 7: Rare Earth Magnet Prices
RARE EARTH MAGNET PRICES For personal use only 7 INVESTOR PRESENTATION | July 2023
Slide 8: Significant Historic Exploration
SIGNIFICANT HISTORIC EXPLORATION JOGMEC successfully explored project between 2016 and 2019 Drilling Collar Plan – 1311 Holes Drilling Results (ASX 16/12/2022) 10m @ 8,810 ppm TREO ending in 1,942 ppm TREO (Hole FG-82) For personal use only 20m @ 8,924 ppm TREO ending in 9,945 ppm TREO (Hole CDM-311
Slide 9: Caldeira Grades, Drilling Intercepts and Peers
CALDEIRA GRADES, DRILLING INTERCEPTS AND PEERS Outstanding grades, wide continuous intercepts and open at depth Capo Do Mel Prospect Caldeira Project – Diamond Drilling For personal use only Stylised Cross Section 7,566,800m N New drilling is designed to intersect the underlying granite (green) at d
Slide 10: Tier Ionic Adsorption Clay (IAC) Rare Earth
TIER 1 IONIC ADSORPTION CLAY (IAC) RARE EARTH The due diligence program and previous metallurgical work has proven the project’s IAC characteristics across various prospects Metallurgy Bulk Sample Metallurgy Results and Future Work Metallurgical Recoveries (ASX: 27/6/23) For personal use only ▪ 4,91
Slide 11: Caldeira Project Maiden Resources – 409Mt @ 2626 ppm TREO
CALDEIRA PROJECT MAIDEN RESOURCES – 409Mt @ 2626 ppm TREO World’s Highest Grade Ionic Adsorption Clay REE Deposit (ASX 1/5/2023) JORC Tonnes TREO Pr6O11 Nd2O3 Tb4O7 Dy2O3 MREO MREO/TREO For personal use only Licence Category Mt ppm ppm ppm ppm ppm ppm (%) Capão do Mel Inferred 68 2,692 148 399 4 22
Slide 12: Substantial Ultra High Grade Resource
SUBSTANTIAL ULTRA HIGH GRADE RESOURCE Magnetic Rare Earth Oxide proportion increases as cut-off grade increases Grade & Tonnage Curve MREO % vs Cut-off grade TREO (ppm) For personal use only 450 5,000 413 413 4,588 29 409 400 4,500 4,072 361 28 4,000 350 3,570 27 Proportion of Magnetic REO 3,146 3,5
Slide 13: High Grade Start to Mine Life
HIGH GRADE START TO MINE LIFE Capão do Mel - Plan View Block Model For personal use only 700m 1300m 200m 800m 13 INVESTOR PRESENTATION | July 2023
Slide 14: Caldeira – Moving Forward with Meteoric
CALDEIRA – MOVING FORWARD WITH METEORIC Drilling Highlights (ASX 24/7/23) For personal use only ▪ CDMDD001 - 31.2m @ 3,769ppm TREO, including 16.4m @ 5,537ppm TREO ▪ CDMDD004 - 16.4m @ 5,967ppm TREO, including 10.7m @ 7,243ppm TREO ▪ CDMDD006 – 36.0 @ 2,881ppm TREO, including – 9.0m @ 4,228ppm TREO.
Slide 15: Ionic Adsorption Clay Project Flow Sheet
A Green Mine for Green Metals IONIC ADSORPTION CLAY PROJECT FLOW SHEET For personal use only 15 INVESTOR PRESENTATION | July 2023
Slide 16: Contact Information
Contact Information For personal use only Meteoric Resources NL ABN 64 107 985 651 T +61 8 9226 2011 E info@meteoric.com.au W www.meteoric.com.au A Level 1, 33 Ord St, West Perth WA 6005 Dr Andrew Tunks - Executive Chairman T +61 400 205 555 E ajtunks@meteoric.com.au Victoria Humphries - Investor &
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