Tg Metals Ltd. · ASX:TG6
Tg Metals — RIU Sydney Resources Roundup May 2024
16 slides from Tg Metals's conference presentation, May 7, 2024
Slide 1: Lake Johnston Project - Burmeister High Grade Lithium Deposit
For personal use only LAKE JOHNSTON PROJECT BURMEISTER HIGH GRADE LITHIUM DEPOSIT LITHIUM | NICKEL | GOLD R I U S Y D N E Y R E S O U R C E S R O U N D U P M A Y 2 0 2 4 ASX:TG6 | tgmetals.com.au
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by TG Metals Limited. The information contained in this presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. The presentation has been prepared without taking into acco
Slide 3: Forward looking statements
Forward looking statements This presentation contains certain statements that may constitute “forward looking statement”. Such statements are only predictions and are subject to inherent risks and uncertainties, which could cause actual values, results, performance achievements to differ materially
Slide 4: Corporate Overview
Corporate Overview CAPITAL STRUCTURE SHAREHOLDER COMPOSITION Current shares on issue 71.1M Top 50 Shareholders 53% Directors & Management 5.40% For personal use only Cash (as at 31 March 2024) $9.1M Market Cap (at $0.25/share) $17.8M Unlisted Options* 16.53M DIRECTORS & MANAGEMENT Performance Rights
Slide 5: Lake Johnston Region of Western Australia
Lake Johnston Region of Western Australia ▪ 4 operating lithium mines ▪ Close to Esperance Port For personal use only ▪ TG Metals has the dominant land holding over Lake Johnston greenstone belt ▪ Burmeister lithium deposit largest in the belt, comparable to regional deposits Proven lithium endowmen
Slide 6: Burmeister Lithium Pegmatite Deposit
Burmeister Lithium Pegmatite Deposit For personal use only
Slide 7: Burmeister Deposit
Burmeister Deposit ▪ Stacked pegmatite system ▪ Main deposit 1,500m in strike ▪ Exploration Target Statement* For personal use only Tonnes Range Tonnes Range Li2O Range Li2O Range Low High Low (%) High (%) 15.6 million 20.1 million 0.97 1.19 At 0.4% Li2O cutoff ▪ Based on modelling of new drilling ▪
Slide 8: Burmeister Deposit
Burmeister Deposit ▪ Potential standalone size and grade ▪ Ranks high against comparable hard rock lithium projects* ▪ Best drill intercepts from recent drilling**: For personal use only ▪ 23.5m @ 1.52% Li2O, from 127.4m ▪ 20m @ 1.38% Li2O, from 120m ▪ 20m @ 1.13% Li2O, from 129m ▪ 10.5m @ 1.60% Li2
Slide 9: Burmeister Pegmatites
Burmeister Pegmatites ▪ Shallow weathering profile ▪ Stacked pegmatites with shallow dips For personal use only ▪ Optimised pit shells take in majority of modelled mineralisation – open at depth ▪ Spodumene occurs throughout the pegmatites ▪ 100m x 100m infill to get inferred resource Open down dip,
Slide 10: Burmeister Mineralogy
Burmeister Mineralogy ▪ Spodumene identified as the dominant mineral @ 35.9% ▪ Simple mineralogy suggests simple, low- cost metallurgy for concentrate For personal use only production ▪ Sighter metallurgy tests underway on composite core samples ▪ First stage in selecting a preferred flowsheet Simpl
Slide 11: Jaegermeister Prospect
Jaegermeister Prospect ▪ Burmeister the first of several high tenor lithium soil anomalies to be drilled ▪ Jaegermeister has four high priority drill targets ▪ All four targets are larger than Burmeister For personal use only ▪ Drilling POW approvals pending - Aboriginal Heritage surveys completed ▪
Slide 12: Emerging Prospects
Emerging Prospects ▪ Tay Prospect – historical drilling interrogated for pegmatite occurrences ▪ Underexplored for lithium, historical gold and base metals focus For personal use only ▪ Approvals process underway for drilling ▪ Taylor Rocks – newly granted tenement. Adjacent to RIO tenure. Potential
Slide 13: Ongoing Exploration Delivering Results
Ongoing Exploration Delivering Results For personal use only 13
Slide 14: Key Investment Drivers
Key Investment Drivers IDENTIFY DRILLING • Evaluating lithium mineralisation early • Maiden drilling program at Jaegermeister to commence • Construct geology and mineralisation models and Exploration Target • Infill drilling on Burmeister deposit – progression to first resource • Conceptual pit shel
Slide 15: Appendix – Australian Hard Rock Lithium Deposits
Appendix – Australian Hard Rock Lithium Deposits Resource (Mt) Mine/Deposit Ownership Project Status Measured Indicated Inferred Total Grade (%) LCE (Mt)1 Source ASX Announcement (IGO): Greenbushes CY23 Resources and Reserves, 19 Greenbushes TLEA2 (IGO 51%), (Albemarle 49%) Production 0.7 397 49 446
Slide 16: Thank you - For More Information
For personal use only Thank you FOR MORE INFORMATION Keep up-to-date with us David Selfe – CEO @TGMetals Email: dselfe@tgmetals.com.au ASX:TG6 | tgmetals.com.au https://www.linkedin.com/c ompany/tg-metals-limited/ Evy Litopoulos – Investor Relations Resolve IR Email: evy@resolveir.com