Critical Resources Ltd · ASX:CRR
Critical Resources — 121 Mining Investment Conference 2023
21 slides from Critical Resources's conference presentation, May 8, 2023
Slide 1: 121 Mining Investment Conference - Presentation
ASX Announcement 8 May 2023 121 Mining Investment Conference - Presentation Lithium development company Critical Resources Limited ASX:CRR (“Critical Resources” or “the Company”) advises its participation at the 121 Mining Investment Conference being held in London this week. The Company’s Chairman,
Slide 2: 121 Mining Investment Conference London 9-10 May 2023
For personal use only 121 Mining Investment Conference London 9-10 May 2023 One of only two ASX Listed Company’s to hold a JORC Code 2012 Compliant Lithium Mineral Resource Estimate in Ontario Canada
Slide 3: Value Proposition – Development Focused with Exploration Upside
Value Proposition – Development Focused with Exploration Upside JORC Compliant Maiden JORC Code 2012 Mineral Resource Estimate of 8.0Mt at 1.07% Li2O* Resource Only 2% of project area drilled For personal use only Located in the mining friendly and well regulated province of Ontario Canada Tie
Slide 4: Board and Management
Board and Management Robert Martin John Markovic Non-Executive Chairman Non-Executive Director An accomplished company A highly successful Director with over 25 years’ businessman specialising For personal use only experience across mining in property development and mining services. and value creat
Slide 5: Mavis Lake Lithium Project
Mavis Lake Lithium Project Maiden JORC Code 2012 Mineral Resource Estimate of 8.0Mt at 1.07% Li2O For personal use only Corporate Presentation 2023 | 4
Slide 6: Mavis Lake Project Overview
Mavis Lake Project Overview JORC 2012 compliant Mineral Resource Estimate of 8.0Mt at 1.07% Li2O* Geology Systematic and robust drilling since April 2022 For personal use only Assay grades consistently over 1.0% Li2O up to 4.0 Li2O* Approximately 2% of Mavis Lake property drilled Drilling
Slide 7: Mavis Lake Resource
Mavis Lake Resource 8Mt @ 1.07% Li2O For personal use only JORC Code 2012 compliant, maiden MRE released on 11 months of drilling data for 8.0MT @ 1.07% Li20 Drilling conducted on only ~2% of the Mavis Lake Project area Drilling from April 2023 onwards to be included in future Resource upgrades AUD$
Slide 8: Exploration and Growth
Exploration and Growth Systematic and robust exploration For personal use only Multiple Targets - multiple mapped spodumene bearing pegmatites exist adjacent to the Main Zone that are yet to be drill tested Main Zone also remains open laterally and at depth Spring/Summer programs - ‘first time’ spri
Slide 9: Strategic Expansion with over 22,900 hectares
Strategic Expansion with over 22,900 hectares Significant growth potential following Gullwing and Tot Lakes acquisition For personal use only Capital Efficient Expansion - Low cost acquisition with organic growth through selective staking, delivered a significant increase in the project area High Co
Slide 10: Development Studies Delivering Results
Development Studies Delivering Results Technical and environmental studies are moving the project forward For personal use only Excellent Metallurgy - simple HLS delivered spodumene concentrate at 6.4% Li2O with very low Fe2O3 Optimisation work (HLS and flotation) delivered recoveries up to 87%* Env
Slide 11: Growth and Development focused Strategy
Growth and Development focused Strategy For personal use only THE RIGHT PLACE THE RIGHT PROJECT THE RIGHT PATHWAY Exceptional Location Defined Resource with Clear Development and Growth Market Excellent Technical Pathway and Path to Results Market Proximity to Dryden provides Exploration success rei
Slide 12: Building Momentum – Significant Growth
Building Momentum – Significant Growth Critical Resources Key Activities and Milestones H1 2023 H2 2023 H1 2024 For personal use only • Extension and in-fill drilling (Mavis Lake ) • Exploration (Gullwing-Tot Lake) • Metallurgical test work • Baseline environmental assessment • Resource definition a
Slide 13: Alex Cheeseman, Managing Director
For personal use only Alex Cheeseman Managing Director Email: info@criticalresources.com.au Tel: +61 08 9389 4499 ABN: 12 145 184 667 Level 50, 108 St Georges Terrace Perth, Western Australia, 6000 ASX:CRR | CRITICALRESOURCES.COM.AU
Slide 14: Appendix
For personal use only Appendix
Slide 15: Disclaimer
Disclaimer Summary Information This document contains a summary of information about Critical Resources Limited (“Critical Resources” or Financial data All amounts are in Australian Dollars (AUD) unless otherwise indicated. A number of figures, amounts, percentages, “the Company”) and its activities
Slide 16: Exploration Disclosure
Exploration Disclosure COMPLIANCE STATEMENT This document contains information relating to Exploration Results in respect of the Mavis Lake project extracted from ASX market announcements reported previously and published on the ASX platform on those dates noted below. The Company confirms that it i
Slide 17: Mineral Resource Estimate
Mineral Resource Estimate COMPLIANCE STATEMENT This document contains information relating to the Mineral Resource estimate for the Mavis Lake Lithium Project is extracted from the Company’s ASX announcement dated 5 May 2023. The Company confirms that it is not aware of any new information or data t
Slide 18: Corporate Snapshot
Corporate Snapshot Shareholder Markup Board and Management Capital Structure For personal use only Share Price (26 April 2023) $0.04 Shares 1.59b Market Cap. (undiluted) $63.8m Cash (31 March 2023) $5.6m Other Top 20 Options (47m - $0.04 strike – expiry 3 Dec 24) $1.88m Options (3m - $0.064 strike –
Slide 19: Market Update
For personal use only Market Update
Slide 20: Lithium Supply and Demand Dynamics
Lithium Supply and Demand Dynamics Li-Ion Battery Pack VWAP – dollars per kilowatt hour Lithium Carbonate Price (ex China) 2018-2023 Source: BloombergNEF Source: Market Index For personal use only Battery Cell: Regional Supply Actual/Forecast Source: Benchmark Mineral Intelligence Corporate Presenta
Slide 21: North America's Lithium Independence
North America’s Lithium Independence The US (government and industry) is taking unprecedented steps to develop For personal use only localised supply chains US and Canadian governments are implementing policy to support critical mineral mine development projects August 2022 USA released the IR
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