Viridis Mining And Minerals Limited · ASX:VMM
Viridis Mining And Minerals — Investor Presentation (September 2023)
19 slides from Viridis Mining And Minerals's investor presentation, September 2023
Slide 1: Colossus Ionic Clay Project
COLOSSUS IONIC CLAY PROJECT Unlocking a new frontier of Rare Earths in the Poços De Caldas Alkaline Complex Investor Presentation September 2023
Slide 2: Important Information and Disclaimer
IMPORTANT INFORMATION AND DISCLAIMER This document is confidential and may not be reproduced, redistributed or passed on, directly or indirectly. This document has been prepared by Viridis Mining & Minerals Ltd (the Company, VMM, Viridis Mining and Minerals). This document is neither a prospectus no
Slide 3: Corporate Summary
CORPORATE SUMMARY CAPITALISATION CAPITALISATION DATA DATA(1) CONTACT Current shares on Issue1 45,739,556 Agha Shahzad Pervez Shannon Robinson & Carly Share Price 2 $0.99 Executive Chairman Terzanidis Joint Company Secretaries Market Capitalisation (MC) $45.28 Million BALANCE SHEET agha@viridismining
Slide 4: Board and Management
BOARD AND MANAGEMENT Australian Board Mr Agha Shahzad Pervez Mr Faheem Ahmed Mr Timothy Harrison Mr Christopher Gerteisen Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director Mr Agha Shahzad Pervez is an experienced Mr Ahmed holds a Bachelor of Engineering and Mr H
Slide 5: Poços De Caldas Alkaline Complex
Poços De Caldas Alkaline Complex Unlocking the true geological potential of the Colossus Project
Slide 6: Colossus – Ideal Location
COLOSSUS – IDEAL LOCATION Poços De Caldas Largest Alkaline Complex in Southern Hemisphere ▪ Located on the southern border of Minas Gerais, Brazil – A Tier 1 Mining Jurisdiction ▪ Local community is supportive of mining operations with numerous bauxite, phosphate and clay mines and chemical World Th
Slide 7: Colossus – Strategic Land Position
COLOSSUS – STRATEGIC LAND POSITION Strategic Importance of Land Position ▪ Proven IAC REE geology in the Poços De Caldas (“PDC”) Alkaline Complex. ▪ Viridis secured a rare opportunity for a large consolidation of areas to develop a substantial Rare Earth Operation in PDC. ▪ Remainder of significant
Slide 8: Colossus Project
COLOSSUS PROJECT Current exploration activities
Slide 9: Colossus – Project Background
COLOSSUS – PROJECT BACKGROUND Acquisition Background ▪ Binding agreement signed to acquire 100% of REE rights in Colossus, covering an area of ~91km2 in Poços De Caldas Complex, Brazil. ▪ Contiguous to the world class Caldeira Ionic REE deposit (409Mt @2,626ppm TREO¹). ▪ USD $1M upfront which has be
Slide 10: Colossus – Project Summary
COLOSSUS – PROJECT SUMMARY Geological Highlights ▪ A total of 34 historic holes were completed by The Colossus Project has never been tested beyond 3 metres hand-held auger to a depth of 3 metres. All into the “REE Accumulation” Zone holes were drilled from surface and ended in mineralisation⁴: - 3m
Slide 11: Colossus – A True Ionic Clay REE Project
COLOSSUS – A TRUE IONIC CLAY REE PROJECT Ionic Clay1 “REE in Clay” Hard Rock The Ionic Advantage ▪ Despite lower grades & recoveries of Ionic Clay Rare Earths, the extraction of Ionic Clays is multi-folds LEACHING Ammonia Sulfate HCl, Nitric Acid, Sulfuric HCl, Nitric Acid, Sulfuric cheaper from an
Slide 12: Colossus – Drilling Commenced
COLOSSUS – DRILLING COMMENCED Colossus Drilling ▪ Phase I of maiden drilling program will focus on Mining Licenses which are adjacent to the Dona Maria 1 & 2 IAC resource. ▪ Three auger rigs mobilised which will be able to test depth extensions of historic 3m auger holes. ▪ Phase II will focus on So
Slide 13: Rare Earths Market
RARE EARTHS MARKET Developing a new supply chain of Critical Metals
Slide 14: Rare Earths – Race to Develop Western Supply Chain
RARE EARTHS – RACE TO DEVELOP WESTERN SUPPLY CHAIN Poços De Caldas Alkaline Complex presents an opportunity Source: N.LePan, Visual Capitalist, 2021 to be the next South China Rare Earth Hub “Significant investment by governments in the US, the EU and Australia is now going into rare earths…However,
Slide 15: Rare Earths – Technology Metal for a Green Future
RARE EARTHS – TECHNOLOGY METAL FOR A GREEN FUTURE EACH HYBRID VEHICLE USES 4.5KG OF REE ON AVERAGE FORECAST NdFeB MAGNET CONSUMPTION UV Glass: Cerium Glass Polishing Powder: Cerium Fuel Additive: LCD Display: Europium, Cerium, Yttrium, Cerium Lanthanum Exponential demand growth into 2030 Sensors: Yt
Slide 16: Investment Highlights
INVESTMENT HIGHLIGHTS Right asset, right location with a fast-moving team
Slide 17: Colossus Project Anticipated Work Program – Newsflow
COLOSSUS PROJECT ANTICIPATED WORK PROGRAM – NEWSFLOW 2023 2024 Q4 Q1 Q2 Q3 Scope of Works Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sept Phase I & II Drilling Program Wide scale Metallurgical Testing Expansion of Executive Team Maiden Resource Estimate International Roadshows Integration of Downst
Slide 18: Investment Highlights
INVESTMENT HIGHLIGHTS • Poços De Caldas is unparalleled in terms of • Preliminary met-work from multiple grab samples geology, for both size & grade of Ionic Rare Earths. of Saprolite returned Ionic Mineralisation. • Alkaline Complex homogenously enriched in Rare • Samples underwent NO drying or cru
Slide 19: Thank You
THANK YOU Further Enquiries: Agha Shahzad Pervez Executive Chairman +61 3 9071 1847 agha@viridismining.com.au Shannon Robinson Carly Terzanidis Joint Company Secretaries +61 3 9071 1847 cosec@viridismining.com.au
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