Waratah Minerals Limited · ASX:WTM
Waratah Minerals — Battery Minerals — Investor Presentation (September 2021)
19 slides from Waratah Minerals's investor presentation, September 2021
Slide 1: Drilling Holes in Elephant Country
DRILLING HOLES IN ELEPHANT COUNTRY September 2021
Slide 2: Agenda
1. Corporate snapshot 2. Tirupati Graphite agreement, Mozambique 3. Stavely-Stawell Gold Copper Project, Victoria 4. Russells Copper Project, Western Australia 5. Next Steps 2
Slide 3: Board and Management; Capital Structure
BOARD AND MANAGEMENT SHARE PRICE FOR THE LAST 12 MONTHS Tony Walsh David Flanagan Company Secretary Executive Chairman & GM Corporate Naomi Scott Jeff Dowling Mozambique Non-Executive Director/ General Director Counsel CAPITAL STRUCTURE Shares on Issue (ASX Code: BAT) 2,102M Darryl Clark Nick Jolly
Slide 4: Tirupati Graphite (TPG) – Transaction Summary
TIRUPATI GRAPHITE (TPG) – Transaction Summary (Please also see ASX release dated 17th August 2021) 1. A$12.5M in cash and shares to Battery Minerals Limited (BAT) 2. A$1.5M cash and A$11M in TPG shares 3. A$5.5M TPG shares 8 months escrow from completion 4. A$5.5M TPG shares 20 months escrow from co
Slide 5: Tirupati Graphite (TPG) – Transaction Summary
TIRUPATI GRAPHITE (TPG) – Transaction Summary (Please also see ASX release dated 17th August 2021) Battery Minerals Cash at Bank 30 June 2021 $4.6M Tirupati proceeds shares (@GBP 1.03) $11M Tirupati proceeds cash $1.5M VAT refunds due payable $1.5M Victorian Govt Exploration Grant CY 2021/2022/2023
Slide 6: Tirupati Graphite: Production, Downstream Processing Capability, Growth, Cashflow
TIRUPATI GRAPHITE; Production, Downstream Processing Capability, Growth, Cashflow1 Production and growth The Mozambique (BAT) acquisition provides potential Current 12,000tpa for significant expansion to 30,000tpa in Q2 2022 meet customer needs >140,000tpa 84,000tpa in 2024 Tirupati Graphite Operati
Slide 7: Tirupati Graphite (TPG)
TIRUPATI GRAPHITE (TPG) (Please also see ASX release dated 17th August 2021) 1. TPG is AIM/OTCQ listed, producing 12,000tpa graphite, growing to 30,000tpa in Q2 2022 and 84,000tpa in 2024 2. Operating cashflow positive, 2 graphite mining operations in Madagascar, full suite of downstream processing
Slide 8: Victoria Significant Opportunity
VICTORIA SIGNIFICANT OPPORTUNITY 1. https://earthresources.vic.gov.au/geology- exploration/minerals/metals/gold 8
Slide 9: Large Landholding, Past Production, Proven Structures
LARGE LANDHOLDING PAST PRODUCTION PROVEN STRUCTURES PROSPECTIVE ROCKS MA JOR SYSTEM LIMITED EXPLORATION • Tenement Granted Oct 2020 • 721sqkm of under-explored tenure • Last exploration early 1990s (Gold A$400/oz) • 40 km strike and 117sqkm of Mt Stavely Volcanics • 67 km strike Moyston Fault • 343
Slide 10: Exploration Targets
EXPLORATION TARGETS • ~30 years since last explored • Stawell Gold Corridor Au • Moyston Fault Au, Ni • Stavely Volcanics Au, Cu, Ni • Historical Workings Au • Historical production ~100,000oz Au • Technological advances • Mag, Gravity, Worldview, Lidar, EM • Soils/Rock Chip • Capture all reliable h
Slide 11: Priority Drill Targets with Elevation Model
PRIORITY DRILL TARGETS WITH ELEVATION MODEL NEXT 3 MONTHS 375 HOLES 15,000 METRES • Nine Mile : Strike extent of workings in Jallukar and proximity to Moyston Fault • Kent Road : float & subcrop, hematite and epidote altered porphyry, NW fault, mag feature in volcanics • Frying Pan: 450m strike work
Slide 12: Priority Drill Targets with Magnetics
PRIORITY DRILL TARGETS WITH MAGNETICS NEXT 3 MONTHS 375 HOLES 15,000 METRES • Nine Mile : Strike extent of workings in Jallukar and proximity to Moyston Fault • Kent Road : float & subcrop, hematite and epidote altered porphyry, NW fault, mag feature in volcanics • Frying Pan: 450m strike workings,
Slide 13: Priority Drill Targets with Gravity and Magnetics
PRIORITY DRILL TARGETS WITH GRAVITY AND MAGNETICS NEXT 3 MONTHS 375 HOLES 15,000 METRES • Nine Mile : Strike extent of workings in Jallukar and proximity to Moyston Fault • Kent Road : float & subcrop, hematite and epidote altered porphyry, NW fault, mag feature in volcanics • Frying Pan: 450m strik
Slide 14: Talking to landowners, doing the right thing
“Talking to landowners, doing the right thing and consolidating access agreements for exploration is part of the opportunity” 14 *Morning Bill Results - refer to ASX:NML announcement 10 June 2021
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Slide 16: Russells Copper Project with Regional Nickel, PGE, Copper and Gold Prospects
RUSSELLS COPPER PROJECT WITH REGIONAL NICKEL, PGE, COPPER AND GOLD PROSPECTS • Halls Creek Tectonic Zone – confluence of major structures and mineralization styles; • Michigan Cu-Ag • Sulphide Ni+Cu+PGEs • Skarn Cu-Au • Halls Creek Fault related orogenic Au+Cu/Pb/Zn/Ag 16
Slide 17: Russells Copper Project
RUSSELLS COPPER PROJECT • Halls Creek Tectonic Zone – confluence of major structures • Only 13 historic drill holes • Soils >100 ppm Cu 16km strike • Rock chips to 30% Cu at surface • High quality VTEM data • Vendors include Kimberley traditional owners (47%) • Land access agreements in place • Tota
Slide 18: Next Steps
NEXT STEPS 1. Lodge notice of meeting for shareholder approval - COMPLETE Mozambique 2. Complete transaction – IN PROGRESS Graphite Projects 3. Transfer Mozambique assets to Tirupati Graphite in return for $12.5M in cash and shares – IN PROGRESS 1. Recommence drilling in September/October - IN PROGR
Slide 19: Disclaimer
DISCLAIMER • The information in this report that relates to Battery Minerals’ Forward Looking Statements • The information in this report that relates to Exploration Results from Battery Mineral Resources or Ore Reserves is a compilation of previously published data for Minerals’ Stavely-Stawell Cop
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