Ptr Minerals Limited · ASX:PTR
Ptr Minerals — Petratherm — Shareholder Meeting (November 2023)
22 slides from Ptr Minerals's shareholder meeting presentation, Nov 14, 2023
Slide 1: Positioned for Growth
Positioned for Growth Petratherm Limited (ASX: PTR) AGM Presentation 14 November 2023
Slide 2: Compliance Statements
Compliance Statements Disclaimer: JORC Information and Compliance Note: This presentation has been prepared by Petratherm Limited (Petratherm). The information contained in this Further details (Including JORC 2012 Code Reporting Tables, where applicable) for the information included in this present
Slide 3: Corporate Overview
Corporate Overview Shares on Issue Share Price (10/11/2023) Cash (30/0923) Options Market Capitalisation Enterprise Value 224.8M $0.046 $2.3M 1.575M $10.3M (undiluted) $8M PTR Share Price and Volume Chart $0.10 12,000,000 $0.09 10,000,000 $0.08 Share Pruce (A$/Share) $0.07 8,000,000 $0.06 Volume $0.
Slide 4: Board and Management
Board and Management Track Record of Exploration Success Derek Carter Peter Reid Simon Taylor Non-Executive Chairman Chief Executive Officer Non-Executive Director Mr. Carter is a founder of the Minotaur group and a joint Mr. Reid is an exploration geologist with 30 years’ experience. Simon Taylor i
Slide 5: Project Overview
Project Overview Strategic Package of REEs & Copper- Gold Projects in South Australia Comet REE Project • Exceptional REE drill intercepts over three prospects. • Massive exploration upside – less than 10% of prospective area tested for REEs. • Significant grade increase using size beneficiation pro
Slide 6: Comet REE Project
Comet REE Project Significant Ground Position With Three REE Prospects Uncovered • Strong ground position in the Northern Gawler Craton, totalling 1,915km2. • Regional drilling activities to date have tested 130km2, which is <10% of the total Project Holding. • Drilling has defined three high-grade
Slide 7: Meteor REE Prospect
Meteor REE Prospect Summary of Results 21m @ 1071 ppm TREO inc. 3m @ 1716 ppm TREO • High-Grade REE Prospect (> 1000ppm TREO). • High-Value MREO up to 746ppm and average 24m @ 1030 ppm TREO 242ppm (26% of TREO). inc. 3m @ 2144 ppm TREO 15m @ 1117 ppm TREO inc. 3m @ 2327 24m @ 1594 ppm TREO • Mineral
Slide 8: Meteor – W-E Cross Section – High Grade Mineralisation
Meteor – W-E Cross Section – High Grade Mineralisation 21m @ 1071 ppm TREO from 3m 24m @ 1594 ppm TREO from 6m Inc 3m @ 1716 ppm TREO from 6m Inc 6m @ 2495 ppm TREO from 6m 6m @ 763 ppm TREO from 6m 3m @ 820 ppm TREO from 12m 20m @ 921 ppm TREO from 3m Inc 9m @ 1050 ppm TREO from 9m 9m @ 513 ppm TRE
Slide 9: Meteor – Beneficiation Significantly Increases REE Grade
Meteor – Beneficiation Significantly Increases REE Grade Simple Low-Cost Screening Significantly Increases Grade 12m @ 1401ppm 12m @ 1630ppm 9m @ 1111ppm • REE concentrate of 2000ppm TREO, 9m @ 1400ppm 12m @ 2197 (56.8%) 9m @ 1880ppm 9m @ 2624 (87.4%) 9m @ 2000 (80.1%) 9m @ 2042 (8.6%) 12m @ 2664 (6
Slide 10: Artemis REE Prospect
Artemis REE Prospect Summary of Results • High-grade REE blanket >1000ppm TREO. A A’ • Prospect currently 3km by 1.5km – open in several directions. • High value MREO intercepts – up to 609ppm and average 221ppm. • High-grade intercept thickness ranges from 12 to 37m. ASX:PTR Footnotes 4 & 5 10
Slide 11: Artemis Cross-Section A-A’
Artemis Cross-Section A-A’ 24m @ 1094ppm TREO Inc 6m @ 1573ppm TREO 27m @ 1030ppm TREO Inc 12m @ 1408ppm TREO 12m @ 845ppm TREO 12m @ 1037ppm TREO Inc 3m @ 1296ppm TREO Inc 6m @ 1437ppm TREO 12m @ 701ppm TREO 13m @ 1523ppm TREO Inc 3m @ 1016ppm TREO Inc 3m @ 2155ppm TREO 12m @ 760ppm TREO and 9m @ 8
Slide 12: Comet East REE Prospect
Comet East REE Prospect Major New REE Discovery Extends Over a 3km Trend 12m @ 847ppm TREO inc. 6m @ 1026ppm TREO • Greenfields drilling 25km to the east of the Meteor and Artemis prospect, uncovered a new 12m @ 1633ppm TREO high-grade REE prospect. Inc. 6m @ 2562ppm & 3m @ 2990ppm TREO 15m @ 735ppm
Slide 13: Comet REE Project Highlights
Comet REE Project Highlights Exploration Drilling + REE Extraction Trials Ongoing Thick & Shallow High-Grade MREO Mineralisation starts from a Average Intercept TREO = 936ppm. depth of 3-6m and averages Average Intercept MREO = 242ppm 11.5m thickness at Meteor. (26%) of TREO at Meteor. Mineralisatio
Slide 14: South Australia Projects
South Australia Projects World-Class Olympic Copper Gold Province • Mabel Creek Copper Gold Project – Large land holding(4,636 km2). • Cu-Au prospects highlight fertility for Iron Oxide- Copper-Gold (IOCG) mineralisation. • Major copper players – RIO, BHP & FMG in surrounding Areas. • IOCG alteratio
Slide 15: Mabel Creek Cu-Au Project
Mabel Creek Cu-Au Project Olympus IOCG Target • A World–Class Sized Geophysical Target in the Olympic Cu-Au Trend. • 3 Milligal Gravity Target comparable to the Prominent Hill Cu-Au Mine geophysical response. • High Powered SQUID EM – identified conductive plate of significant dimensions on eastern
Slide 16: Mabel Creek Cu-Au Project
Mabel Creek Cu-Au Project Olympus IOCG Target – Drilling Underway ! 3D Gravity • 3D Model Inversion generates a subvertical (mGal) body with a high density of 4.12 SG. • Indicative of gravity response from an IOCG or semi-massive sulphide body. • Semi coincident late time EM anomaly. • Plate dimensi
Slide 17: Woomera IOCG Project
Woomera IOCG Project Highly Prized Tenure – In Area of Major Woomera IOCG Mineralisation Defence Continuous OAK DAM Use Zone WINJABBIE • Multiple high priority gravity targets – 3 Target Styles – IOCG, Stratabound IOCG and Sedimentary Copper. Woomera EMMIE BLUFF EL6707 FREMANTLE EMMIE IOCG DOCTOR •
Slide 18: Woomera IOCG Project
Woomera IOCG Project Three Distinct Styles of Mineralisation 07WJ01- 42m @ 0.34% Cu from 824m WJD1- 62m @ 0.33% Cu from 864m inc. 9m @ 0.8% Cu from 824m SAE11- 94m @ 0.21% Cu from 1005m inc. 7m @ 0.48% Cu from 1006m inc. 9m @ 0.52% Cu from 1086m • Target 1 - IOCG Breccia Bodies – and 42m @ 0.28% Cu
Slide 19: Woomera IOCG Project
Woomera IOCG Project Rocky Well Gravity Anomaly Comparison with Carrapateena Gravity Anomaly • Rocky Well Target is an IOCG Breccia Body Style – Displays a Comparable gravity response to the Carrapateena Orebody! • Steep gravity gradient on west side of Rocky Well may indicate additional shallow Car
Slide 20: PTR Forward Program
PTR Forward Program Active Ground Campaign for 2023/24 Exploration Activity October November December January February March April Comet REE Project REE Drilling Programs Assay Results Metallurgical Studies Metallurgial Results Mabel Creek IOCG Project EM/Gravity Targets Defined Drilling Programs Wo
Slide 21: Investment Summary
Investment Summary Thick, Shallow Favourable Exploration World Class & High-grade REE Location Upside Cu-Au Targets ASX:PTR 21
Slide 22: Peter Reid
Peter Reid Chief Executive Officer E: preid@petratherm.com.au T: 0435 181 705