Greenx Metals Limited · ASX:GRX
Greenx Metals — Prairie Mining — Investor Presentation (October 2021)
18 slides from Greenx Metals's investor presentation, October 2021
Slide 1: Powering the Energy Transformation through Copper Exploration
Powering the Energy Transformation through Copper Exploration Prairie Mining Limited ASX | LSE | WSE: PDZ October 2021 ABN: 23 008 677 852
Slide 2: Introducing the Arctic Rift Copper (ARC) Project in Greenland
INTRODUCING THE ARCTIC RIFT COPPER (ARC) PROJECT IN GREENLAND Transaction transforms Prairie into a clean-tech metals exploration company on the path to “net-zero” First Mover Position Successful Track Record New, highly prospective, large-scale Highly experienced exploration team metallogenic provi
Slide 3: Prairie's Move into Copper is Well-Timed & Measured
PRAIRIE’S MOVE INTO COPPER IS WELL-TIMED & MEASURED Copper demand rising 1 Integral component for nearly all new technology paving the way to net-zero emissions Copper supply in deficit There is no 2 Copper consumption in the next 25 years will be more than has ever been mined - new mines must open
Slide 4: ARC Has Potential to Host World-Class Copper Deposits
ARC HAS POTENTIAL TO HOST WORLD-CLASS COPPER DEPOSITS Widespread copper at surface • 80% of stream sediment samples contained native copper • Native copper - clasts weighing up to 1 kg+ • High grade copper sulphides – in breccias and sediments Geological similarities to largest known copper systems
Slide 5: Greenland is One of the Last Great Frontier Mineral Provinces
GREENLAND IS ONE OF THE LAST GREAT FRONTIER MINERAL PROVINCES Highly prospective but under-explored Attracting increased exploration investment interest Transparent regulatory environment Competitive fiscal environment Billionaire-backed mining firm to seek electric vehicle metals in Greenland - Reu
Slide 6: Team's Proven Ability to Unlock Greenland's Mineral Potential
TEAM’S PROVEN ABILITY TO UNLOCK GREENLAND’S MINERAL POTENTIAL • Greenfields Exploration (GEX) to act as project managers: Highly qualified team led by GEX founder and principal exploration geologist, Dr Jonathan Bell • Extensive operating experience: Working in Greenland since 2017, with demonstrate
Slide 7: Utilising Cutting-Edge 4D Mineral Systems Analysis
UTILISING CUTTING-EDGE 4D MINERAL SYSTEMS ANALYSIS… Exploration targeting through rigorous conceptual model of how mineral endowment is concentrated within geological systems Geophysics Geochemistry Mapping Lab work Photography Airborne gravity, 310 rock chip, trench Airborne vertical and 1:100,000
Slide 8: Defined an Entire New Metallogenic Province
…DEFINED AN ENTIRE NEW METALLOGENIC PROVINCE Major re-think of geological interpretation and Cutting edge science to whittle down search area by 4 metallogenesis of North Greenland orders of magnitude and define priority targets 60,000km2 Oxidation boundary 6,000km2 Geophysics & geochemistry Minik A
Slide 9: Minik Anomaly Will Be Key Focus of First Field Campaign
MINIK ANOMALY WILL BE KEY FOCUS OF FIRST FIELD CAMPAIGN ~640km2 area with near- term discovery potential for multiple copper deposits Highest copper grades proximal to coincident gravity, conductivity and magnetic anomalies Hosts the most advanced prospect within ARC – the Discovery Zone 9
Slide 10: Discovery Zone: Copper Prospect Defined Within Minik Anomaly
DISCOVERY ZONE: COPPER PROSPECT DEFINED WITHIN MINIK ANOMALY Discovery Zone comprises three parallel breccia faults trending NW-SE, with the furthest faults being ~2km apart • Faults are traced for a minimum of 2km along strike before they disappear underneath moraine (cover) • Discovery Zone is ope
Slide 11: Zig Zag Formation: Native Copper in Flood Basalts
ZIG ZAG FORMATION: NATIVE COPPER IN FLOOD BASALTS A 1.3km thick, >10,000km2 flood basalt intercalated with sediments. Widespread native copper 1kg+ 3.17% Cu individual clasts of native from chalcocite filled vesicles copper discovered Note: sample is ~4cm in width and comes from outside ARC licence
Slide 12: ARC's Closest Analogue – The Prolific Upper Peninsula, Michigan
ARC’S CLOSEST ANALOGUE – THE PROLIFIC UPPER PENINSULA, MICHIGAN 16Mt Cu Copper sulphides in sediments • Analogous to the White Pine deposit model • A pre-mining endowment of ~7Mt of copper sulphides Native copper in basalts • Analogous to the Keweenaw Peninsula • a pre-mining endowment of ~9Mt of na
Slide 13: Innovative Exploration Plan to Create Near-Term Value
INNOVATIVE EXPLORATION PLAN TO CREATE NEAR-TERM VALUE Initial exploration program creates the potential for multiple discoveries… Widespread Reanalysis of 311 geochem sampling Ground geophysical High-resolution 3D modelling & 1 2 3 4 5 historical samples campaign. Rock surveys including satellite ma
Slide 14: Earning into ARC Benefits Prairie Shareholders
EARNING INTO ARC BENEFITS PRAIRIE SHAREHOLDERS 1 Low dilution entry point into the Energy Transformation via European focused copper exploration 2 Large concession area within newly recognized metallogenic province that remains virtually unexplored 3 Early-stage discovery potential with proof of con
Slide 15: Important Notices
IMPORTANT NOTICES Forward Looking Statements Cautionary Statements & Important Competent Persons Statement Information The information in this presentation that relates to This presentation may include forward-looking This presentation has been prepared by Prairie as a Exploration Results for the Ar
Slide 16: Appendices
Appendices 16
Slide 17: Prairie Will Earn an Interest of up to 80% in ARC
PRAIRIE WILL EARN AN INTEREST OF UP TO 80% IN ARC FIRST EARN-IN SECOND EARN-IN THIRD EARN-IN Milestone POST THIRD EARN-IN MILESTONE MILESTONE MILESTONE Each Party must Prairie to spend A$3.5m Prairie to spend a further Prairie to spend a further Terms contribute on a pro-rata on ARC A$3.5m on ARC A$
Slide 18: "Green Copper" is Vital to Powering Clean Tech
“GREEN COPPER” IS VITAL TO POWERING CLEAN TECH Wind turbines • Wind energy sector expected to account for 7.0 ✓ Generator 20% of green copper demand +600% • Copper usage set to grow significantly with ✓ Cables offshore projects requiring double the 6.0 copper of their onshore counterparts Electric v
Prairie Mining — Investor Presentation (October 2021) on 6ix