Venari Minerals Nl · ASX:VMS
Venari Minerals Nl — Astute Metals NL — Investor Presentation (February 2025)
23 slides from Venari Minerals Nl's investor presentation, Feb 3, 2025
Slide 1: Delivering Value through Discovery
Investor Presentation | February 2025 ASX: ASE For personal use only Delivering VALUe through DISCOVERy
Slide 2: A Compelling Investment
A COMPELLING INVESTMENT Lithium Clay Discovery at Red Mountain (USA) For personal use only • Located in North American ‘lithium capital’ of Nevada • High-grade lithium intercepts in all holes drilled over a 5km strike – with potential beyond • Initial metallurgical results demonstrate high lithium l
Slide 3: Nevada Lithium Clays
NEVADA LITHIUM CLAYS For personal use only Battery Product Low Cost of Large-scale Produced at Mine Production Projects Lithium clay projects such as Compared to hard-rock Large-scale continuous Thacker Pass1, Clayton Valley6 projects, Lithium clays are geology with long mine-life, and TLC Lithium3
Slide 4: For personal use only
Source: Fastmarkets April 2024 For personal use only Source: https://heatmap.news/politics/critical-minerals-trump-executive-order Total battery manufacturing capacity commissioned, under construction, and announced since Source: Sprott Special Report – Lithium: Short-term opportunities for a long-t
Slide 5: Lithium Clay – A Low Cost Pathway to a Battery Product
LITHIUM CLAY – A LOW COST PATHWAY TO A BATTERY PRODUCT For personal use only Pilgangoora Lithium Clay Projects Benchmark 16 Jan 2025 LCC Index USD $10,304 Source: TSX.V: LI April 2023 - American Lithium Corporate Presentation Cautionary Statement – The Red Mountain Project is not at a stage of devel
Slide 6: Nevada Lithium Projects
Nevada Lithium Projects For personal use only Exploration to Feasibility Status Includes Mineral Resources of 218Mt to 5,500Mt in tonnage* Average Resource grades range from 620 to 2,956ppm Li * Contained LCE of 721kt to 62.1Mt* Long-life assets with mine-life of up to 85 years, according to Technic
Slide 7: Red Mountain Overview
RED MOUNTAIN OVERVIEW For personal use only • Located in eastern Nye County, Nevada USA • 13 holes drilled to date – 11x RC (May-June 2024) 2x DD (Oct 2024) • Lithium mineralisation intersected in every drill hole • Thick and high-grade intersections including: • RMDD002 – 86.9m @ 1,470ppm Li from 1
Slide 8: Nevada Lithium Clay Resources - A Significant Scale Value Proposition
NEVADA LITHIUM CLAY RESOURCES - A SIGNIFICANT SCALE VALUE PROPOSITION For personal use only 8
Slide 9: Red Mountain Met Test-Work
RED MOUNTAIN MET TEST-WORK For personal use only • Scoping leach test-work conducted Sept- Nov 2024 • 6 RC samples tested from Red Mountain north, central and south • Leach tests by acid concentration, leach duration and temperature • Strong initial leachability results • 94-98% lithium leached in a
Slide 10: Red Mountain Next Steps
RED MOUNTAIN NEXT STEPS For personal use only • Geological Mapping (Jan 2025) • JORC-compliant exploration target (Feb 2025) • Infill and extensional drilling (Phase 1 Q1 2025) • Infill and extensional drilling (Phase 2 Q3 2025) • Further Metallurgical test-work • Maiden Mineral Resource Estimate (Q
Slide 11: Georgina IOCG Project Copper-Gold
GEORGINA IOCG PROJECT For personal use only COPPER-GOLD Location Work to Date Prime Target Between the historic copper- Leveraging substantial Gravity modelling has gold mining regions of Mount geoscience work completed revealed a high-density target Isa and Tennant Creek, ‘East by Geoscience Austra
Slide 12: Supply deficit of over 14Mt Copper forecast by 2040
For personal use only Supply deficit of over 14Mt Copper forecast by 2040 Source: Global Critical Minerals, Outlook 2024 International Energy Agency, May 2024 12
Slide 13: Georgina IOCG (100%)
GEORGINA IOCG (100%) BASE METALS & GOLD For personal use only Location: • Between historic mining districts of Tennant Creek and Mount Isa • East Tennant prospective for Iron-Oxide-Copper Gold (IOCG) deposits • Ten granted tenements, three under application – 3,925km2 • New copper region according t
Slide 14: Governor Broome Heavy Mineral Sands
GOVERNOR BROOME For personal use only HEAVY MINERAL SANDS Location Mineralogy Performance In the Southwest WA Mineral High-value quality-of-life Conventional WCP methods Sands district, within trucking commodities zircon and produced heavy mineral distance to heavy mineral titanium minerals ilmenite
Slide 15: Governor Broome (100%) Mineral Sands
GOVERNOR BROOME (100%) MINERAL SANDS For personal use only Location: • 95km from Busselton by road in Southwest Mineral Sands district • Four processing plants and deepwater port within 135km by sealed road JORC Mineral Resources: • 101Mt combined incl 94.4Mt of Measured and Indicated @ 4.5% HM Scop
Slide 16: Corporate Overview
CORPORATE OVERVIEW Share Price ASX: ASE Key Financials For personal use only Share Price (@ 21.01.25) $0.036 4,000,000 0.06 3,500,000 Shares on Issue 534,313,522 0.05 3,000,000 Options Nil 0.04 Share Price ($AU) 2,500,000 Loan Funded Shares 13,077,5001 Volume 2,000,000 0.03 Market Cap (@ 21.01.25) $
Slide 17: Top Shareholders
TOP 20 SHAREHOLDERS Rank Name Shares % 1 HPG URBAN DEVELOPMENTS PTY LTD 105,954,528 19.83% For personal use only 2 KALONDA PTY LTD 70,408,794 13.18% 3 MINING INVESTMENTS LIMITED 48,427,794 9.06% 4 BNP PARIBAS NOMS PTY LTD 24,063,401 4.50% 5 P & J BUTTIGIEG NOMINEES PTY LTD 19,002,695 3.56% 6 HSBC CU
Slide 18: Board and Management
BOARD AND MANAGEMENT Tony Leibowitz Non-Executive Chairman Matt Healy Executive Director & CEO For personal use only Mr Leibowitz is a Fellow of the Institute of Chartered Mr Healy is a highly experienced geologist and Australian Accountants, Australia with over 30-years corporate finance, mining ex
Slide 19: Use of Funds
USE OF FUNDS • Infill and extensional drilling at Red Mountain For personal use only • Objective of demonstrating continuity of mineralisation Red Mountain Lithium Project Program Cost Diamond Drilling, approximately 1,200m $1,013,000 Working Capital $287,000 Total $1,300,000 19 19
Slide 20: Footnotes and Competent Person Statements
Footnotes and Previous Announcements Competent Person Statements 1. Wood Mackenzie Copper Research, 2022 The information in this report that relates to Nevada Lithium Exploration is in-part 2. https://www.whitehouse.gov/briefing-room/statements-releases/2022/10/19/fact-sheet-biden-harris-administrat
Slide 21: Contacts
For personal use only Contacts Matt Healy Nicholas Read Executive Director & CEO Media & Investor Relations mhealy@astutemetals.com nicholas@readcorporate.com.au +61 (0) 431 683 952 +61 (0) 419 929 046 21
Slide 22: Disclaimer and Forward-Looking Statement
DISCLAIMER AND FORWARD-LOOKING STATEMENT IMPORTANT NOTICE & DISCLAIMER The purpose of this presentation is to provide background information to assist readers in obtaining a general understanding of Astute Metals NL (‘Astute’ or ‘the Company’) and its objectives. Readers should make their own indepe
Slide 23: Appendix - Governor Broome Mineral Resource Estimate
APPENDIX 1 - GOVERNOR BROOME For personal use only MINERAL RESOURCE ESTIMATE 23
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