Clara Resources Australia Limited · ASX:C7A
Clara Resources Australia — Shareholder Meeting (November 2024)
17 slides from Clara Resources Australia's shareholder meeting presentation, Nov 8, 2024
Slide 1: Update, AGM
For personal use only Update, AGM 8 November 2024 Peter Westerhuis C7A AGM 2024 1 MD & CEO
Slide 2: Clara is an Australian ASX-Listed Exploration & Development Company
Clara is an Australian ASX-Listed (ASX: C7A) Exploration & Development Company with multi-commodity Projects SHARE REGISTER For personal use only Richard Willson Brian Moller Non-Executive Chair Non-Executive Director Nick Mather Alex Fitzgerald Non-Executive Director NED-designate Peter Westerhuis
Slide 3: Developing Diverse Resources Critical to Global Economic Growth & Electrification
Developing Diverse Resources Critical to Global Economic Growth & Electrification For personal use only Kildanga Ni-Co Project - QLD Resource definition & development of Kildanga Ni & Co resource. - Greenfield project in Brownfield location - Established service centre (Gympie) nearby - Existing sea
Slide 4: Ashford Coking Coal Project
For personal use only ASHFORD COKING COAL PROJECT Potential to produce semi-hard coking coal sought by global steelmakers 4
Slide 5: Coking Coal Outlook
Coking Coal Outlook Australian Export Coking Coal Outlook Source: Platts ▪ Proximity to Asian markets supports future demand For personal use only ▪ Energy transition driving steel & coking coal demand ▪ Blast furnace iron making unlikely to be displaced for some time Coking coal supply side charact
Slide 6: 100%-Owned Ashford Location & Tenements
100%-OWNED ASHFORD LOCATION & TENEMENTS • Comprises 2 x 100% Ownership exploration leases Completed acquisition of Renison Coal Pty Ltd For personal use only (owner of Ashford) from Savannah Goldfields in May EL6234 & EL6428 2024 • Open cut mined from 1954 to 1989 supplying coal to the Ashford power
Slide 7: Access Agreements
Access Agreements ….. Made with: For personal use only • Affected pastoralists • Gomeroi NTAs Regular Consultation with: • IRC & GSC • Chambers of Commerce • Landcare Groups • State Govt rep C7A AGM 2024 7
Slide 8: Ashford will be a Conventional Open Cut Mine Utilizing Proven Technology
Ashford will be a Conventional Open Cut Mine Utilizing Proven Technology & Mining Methods CLEAN COAL Mine Plan, 6 months Mine Plan, 12 years COMPOSITE ANALYSIS For personal use only CSR Index 45 - 55 Vol Mat 22% - 25% Ash 9% - 10.5% Sulphur 0.4% - 0.5% Phos 0.03% - 0.04% CSN 5.5 – 6.5 FC 66% - 68% T
Slide 9: ARTC Inland Rail Project changes operability and economics of Project
The ARTC Inland Rail Project changes operability and economics of Project. It is complete to North Star – near perfect for Ashford For personal use only ~100km Ashford Mine Connects Ashford to Hunter Valley rail network and Newcastle port C7A AGM 2024 9
Slide 10: Next Immediate Technical Work Programs for PFS: Exploration Drilling
2 X NEXT IMMEDIATE TECHNICAL WORK PROGRAMS FOR PFS 1. EXPLORATION DRILLING PROGRAM • 4 x cored holes • 9 x chip holes For personal use only Purpose • Upgrade resource to measured & indicated • Verify depth, thickness & structure • Coal quality data, incl coking properties • Washability Essential for
Slide 11: Water & Geochemical Drilling Program
2. WATER & GEOCHEMICAL DRILLING PROGRAM • ~30 holes Important component of Baseline Environmental Study For personal use only Program Purpose • Installation of monitoring bores & piezometers • Identification of groundwater resources • Potential impact of mining on water users • Design of groundwater
Slide 12: Ashford Coking Coal Project – Project Milestones
Ashford Coking Coal Project – Project Milestones PROJECT MILESTONE SCHEDULE 3 months 6 9 12 15 18 21 24 27 30 33 36 39 42 45 For personal use only PFS Drilling Program Pre-Feasibility Study Environmental Baseline Studies EIS Preparation, submit Approval Process Prodution Drilling Program Feasibility
Slide 13: Ashford Project Scoping Study March 2024
ASHFORD PROJECT SCOPING STUDY MARCH 2024* • Demonstrates potentially strong economic & technically robust operation • Modest A$101m pre-production capex estimate For personal use only • Estimated mine life of 12 years, averaging 1Mtpa ROM • Strongly saleable product for supply into Asian coal market
Slide 14: Kildanga Nickel – Cobalt Project
For personal use only KILDANGA Nickel – Cobalt Project Potential opportunity to delineate a regional Ni-Co Resource to support a 2 to 3Mtpa ROM operation C7A AGM 2024 14
Slide 15: Nickel & Cobalt: Critical Minerals for the Energy Transition
Nickel & Cobalt Critical Minerals for the Energy Transition ▪ Kilkivan area contains one of Qld’s earliest gold discoveries, hosts rich polymetallic mineralisation For personal use only ▪ More than 100 historic mining leases in the area, dating back to 19th century (Tablelands, Commercial Reef, New
Slide 16: Kildanga: Identify Substantial Regional Target
KILDANGA | Identify Substantial Regional Target Work Program: For personal use only ▪ Broaden previous exploration programs to target significant Ni-Co resource, supporting a 2 to 3Mtpa ROM operation ▪ Preliminary assessment of ore concentrator and location options ▪ Determine route to market & tran
Slide 17: Forward Looking Statements
Forward Looking Statements Cautionary Statement This presentation may contain statements and projections provided by or on behalf of Clara Resources Australia Limited (Clara Resources Australia) with respect to the anticipated future undertakings. These forward-looking statements reflect various ass
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