Ptr Minerals Limited · ASX:PTR
Ptr Minerals — Petratherm — Shareholder Meeting (November 2022)
31 slides from Ptr Minerals's shareholder meeting presentation, Nov 25, 2022
Slide 1: Annual General Meeting of Shareholders
Annual General Meeting of Shareholders 25 November 2022
Slide 2: Petratherm's Directors and Management
Petratherm’s • Derek Carter (Non-Executive Chairman) Directors and • Donald Stephens (Non-Executive Director) Management • Simon O’Loughlin (Non-Executive Director) • Peter Reid (Exploration Manager) • Katelyn Adams (Company Secretary) https://www.petratherm.com.au/directors-and- management/ 2
Slide 3: Chairman's Address
Chairman’s Address 3
Slide 4: Financial Report and Reports of the Directors and Auditors
Financial Report and A copy of the Company’s Annual Report for the period ended 30 June 2022 was lodged with the ASX on the 30TH Reports of the of September 2022. Directors and The Company’s 2022 Annual Report is available for download from the Company’s website at Auditors https://www.petratherm.co
Slide 5: Resolution 1: Adoption of Remuneration Report
Resolution 1: Adoption of Remuneration Report To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: Vote type Shares Voted % % of all securities ‘That the Company adopt the For 18,439,881 97.73 8.2 Remuneration Report for the year Again
Slide 6: Resolution 2: Re-election of Donald Stephens as Director
Resolution 2: Re-election of Donald Stephens as Director To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: Vote type Shares Voted % % of all securities For 26,272,630 99.15 11.69 Against 125,250 0.47 0.06 ‘That Mr Donald Stephens, h
Slide 7: Resolution 3: Approval of 10% Placement Facility
Resolution 3: Approval of 10% Placement Facility To consider and, if thought fit, pass, with or without amendment, the following resolution as a special resolution: Vote type Shares Voted % % of all securities ‘That pursuant to and in accordance For 25,938,631 98.08 11.54 with ASX Listing Rule 7.1A
Slide 8: Resolution 4: Approval of Previous Issue of Shares
Resolution 4: Approval of Previous Issue of Shares To consider and, if thought fit, pass, with or without amendment, the following resolution as an ordinary resolution: Vote type Shares Voted % % of all securities 'That for the purpose of ASX Listing For 11,264,649 95.42 5.01 Rule 7.4 and for all ot
Slide 9: Question & Answer Time
Question & Answer Time 9
Slide 10: Critical Minerals Portfolio Positioned for Growth
CRITICAL MINERALS PORTFOLIO POSITIONED FOR GROWTH Petratherm AGM Presentation 25 November 2022 ASX: PTR
Slide 11: Compliance Statements
COMPLIANCE STATEMENTS Disclaimer:: Thi s presentation has been prepared by Petratherm Limited (Petratherm). The information contained in this presentation i s a professional opinion only and i s given in good faith. Certain information in this document has been derived from third parties and though
Slide 12: Corporate Summary
CORPORATE SUMMARY BOARD AND MANAGEMENT WI T H TRACK RECORD OF EXPLORATION SUCCESS Derek Carter Non-Executive Chairman Mr. Carter is a founder of the Minotaur group and a joint recipient of Explorer of the Year (AMEC) for the discovery of the Prominent Hill Copper Gold deposit. He was Chairman of Hig
Slide 13: Projects Overview
MABEL CREEK PROJECTS OVERVIEW IOCG PROJECT A STRATEGIC PACKAGE OF REEs, COPPER & GOLD COMET REE / GOLD Comet R E E & Gold Project, S.A. CAIRN H I L L Fe-Cu-Au PROJECT • Exceptional R E E drill intercepts over large areas AURORA TANK Au PROMINENT H I L L Cu - Au • Drill ready advanced Gold Prospects
Slide 14: Comet REE Project
COMET R E E PROJECT APRIL 2022 - DRILLING UNCOVERS RARE EA RTHS High Value Hole Interval ` Magnet Rare Earths* 703 3m @ 2,819 ppm TREO from 15m - 18m (EOH) 743 ppm 704 3m @ 2,660 ppm TREO from 15m - 18m (EOH) 702 ppm 590 3m @ 2,701 ppm TREO from 15m - 18m (EOH) 1,016 ppm 799 3m @ 1,813 ppm TREO from
Slide 15: Comet REE Project
COMET R E E PROJECT COMET RARE EARTH PROJECT June-July 2022 – FOLLOW U P AIR CORE DRILLING PHASE ONE DRILL RESULTS 1000 – 4000 PPM TREO • 330 drill holes completed - average hole depth of 30 metres. 750 – 1000 PPM TREO • Drill spacing 200 metre by 200 metre grid 350 – 750 PPM TREO 0 – 350 PPM TREO 0
Slide 16: Meteor REE Prospect
METEOR R E E PROSPECT SUMMARY OF DRILLING R E S U L T S • High-Grade R E E Prospect (> 1000 ppm TREO). High MREO content = 25% Mineralisation Starts at Shallow Depth 3-6m Ore thickness ranges from 3 to 24m and averages 9-12m. Main Prospect currently 1200m by 700m, with other satellite bodies e
Slide 17: Meteor W-E Cross Section - High Grade Mineralisation
Meteor – W-E Cross Section - High Grade Mineralisation ASX: PTR 17
Slide 18: Meteor N-S Cross Section - High Grade Mineralisation
Meteor –– N-S Meteor S-N Cross Cross Section Section -- High High Grade Grade Mineralisation Mineralisation ASX: PTR 18
Slide 19: Meteor - REE Source Rocks
METEOR - R E E SOURCE ROCKS Primary R E E Mineralisation Potential • High Magnetic Relief Rocks – Layered Mafic Intrusion • Diorite with significant rare earth bearing Apatite -Titanite minerals present. Up to 2% Apatite by volume estimated from optical microscopy. REE Apatite • May be an equivalent
Slide 20: Comet REE Project - Significant Ground Position
COMET R E E PROJECT SIGNIFICANT GROUND POSTION Strong ground position in the Northern Gawler Craton, EL 6443 totalling 1,915 Km2 . METEOR EL 6818 Regional drilling activities to date have tested 130 km2 , REE 1 which is just 7 % of the total EL 6816 Project Holding. Southern Substantial upside
Slide 21: Muckanippie Project
MUCKANIPPIE PROJECT Meteor PROSPECTIVE ANORTHOSITE INTRUSION Comet Project REE 1 Southern New Project over centre of the highly prospective Muckanippie Anorthosite Complex won through a competitive bid Adelaide to Darwin Railway Line Globally anorthosite complexes are a major source of Ti-Fe-P-V
Slide 22: Anorthosite Hosted Mineral Deposits - Global Source of Ti-Fe-V-P2O5
ANORTHOSITE HOSTED MINERAL DEPOSITS – Global Source of Ti-Fe-V-P2O5 Deposit Country Commodities Characteristics of Deposits* 138 Mt @ 60% wt. hemo-ilmenite; TiO 2 Lac Tio Canada Ti - Fe content ranges between 32-38 wt.% Reserves are estimated at 57 Mt TiO 2 Tellnes Norway Ti @ an average grade of 18
Slide 23: Muckanippie Project
MUCKANIPPIE PROJECT PROSPECTIVE ANORTHOSITE INTRUSION • Historic drilling of mafic fraction includes substantial Ti-Fe mineralisation and Phosphate potential. Titanium grades up to 10.5 % TiO 2 TREO PPM in Clay recorded. TA001 - 94m @ 6.4% TiO2, 24.8% Fe fr 56m 800 - 1000 inc. - 12m @ 7.1% TiO2, 28.
Slide 24: Woomera IOCG Project
WOOMERA IOCG PROJECT HIGHLY P R I Z E D T E N U R E – in an area of MAJOR IOCG MINERALISATION • Multiple high priority gravity targets – 3 Target Styles ! • Native Title Mining Exploration Agreement Completed June 2022 • Drilling of targets scheduled from Q2 2023 Carrapateena 587 Mt @ 0.7%% Cu, 0.3
Slide 25: Woomera IOCG Project
WJD1- 62m @ 0.33% Cu Target 3 (int. 864-926m) Stratabound Cu- WOOMERA IOCG PROJECT 07WJ01- 42m @ 0.34% Cu (int. 824-926m) Inc. 9m @ 0.8% Cu from 824m Au-Co recorded in Cover Too ! SAE11- 94m @ 0.21% Cu (int. 1005-1099m) inc. 7m @ 0.48% Cu from 1006m 3 Distinct Styles of Mineralisation ! inc. 9m @ 0.
Slide 26: Woomera IOCG Project - Target 1 Comparison with Carrapateena
WOOMERA IOCG PROJECT – TARGET 1COMPARISON W I T H CARAPATEENA • Target 1is an IOCG Breccia Body Target – Displays a Comparable gravity response to the Carrapateena Orebody ! • Steep gravity gradient on west side of Target 1 may indicate additional shallow Stratabound mineralisation in Target Style 3
Slide 27: Target Style 2: Stratabound IOCGs - A Potential Game Changer
TARGET S T Y L E 2 : STRATABOUND IOCGs – A Potential Game Changer! Punt Hill IOCG (Red Metals ASX: RDM) Emmie Bluff Deeps (Coda Minerals ASX:COD) NW trending gravity high (ridge) defines extent of the mineralization/alteration Figure by Ivanhoe, 2020. = Cu Prospect Punt Hill Residual Gravity Image (
Slide 28: Target Style 2: Stratabound IOCGs - Woomera Project Targets
TARGET S T Y L E 2: STRATABOUND IOCGs – WOOMERA PROJECT TARGETS Gravity Profile Modelling highlights several Stratabound IOCG Gravity Targets on the Woomera Project Area displaying higher magnitudes than the Winjabbie Anomaly Woomera Project Stratabound IOCG Targets (3.30 g/ccm) ASX: PTR 28
Slide 29: Arcoona IOCG Project
ARCOONA IOCG PROJECT OAK DAM WE S T (BHP, Cu-Au) • Arcoona Project (EL 6854) located within the world class copper-gold Woomera – “Olympic Province” of South Defence Continuous Australia Use Zone Winjabbie EMMI E B L U F F DEEPs • Project secured through a South Australian Government competitive Woo
Slide 30: South Australia's World-Class Olympic Dam Copper-Gold Province
P T R MABEL CREEK BIG NE PROSPECT (Cu-RE E -Fe) SOUTH AUSTRALIA’S PROJECT TENEMENTS World-Class Olympic Dam Area13 Copper-Gold Province Area5 • Mabel Creek - Large holding(2,852 km2), fertile for Iron Oxide-Copper- Gold (IOCG) mineralisation CAIRN HI LL (CU River Mining, CADI PROSPECT (Private, Cu-R
Slide 31: Petratherm: Forward Program
PETRATHERM: FORWARD PROGRAM ACTIVE GROUND CAMPAIGN for 2023 COMET RARE EA RTHS – Infill Prospect and Exploration Drilling / Metallurgical Recovery Studies WOOMERA / ARCOONA COPPER-GOLD - Deep Drilling of Multiple IOCG Targets at Woomera & Geophysical Targeting at Arcoona. MUCKANIPPE Ti-Fe-P-R E E s