Castle Minerals Ltd · ASX:CDT
Castle Minerals — Investor Presentation (May 2022)
23 slides from Castle Minerals's investor presentation, May 12, 2022
Slide 1: May 2022 Investor Presentation
For personal use only May 2022 Stephen Stone – Managing Director
Slide 2: Cautionary Statement
Cautionary Statement - This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation does not
Slide 3: A rapidly growing Battery and Future Metals company
“A rapidly growing Battery and Future Metals company” For personal use only Beasley Creek Success Dome Carlie Mining Kambale Earaheedy Graphite Kandia Bundi / Kpali Polelle Wanganui Wilgee Springs Woodcutters Great Southern Graphite
Slide 4: Experienced Board
For personal use only Experienced Board Michael Atkins 999.3M 107.3M 19.5M Non-Executive Chair Ordinary Shares (CDT) Options Listed (CDTO) Options (Unlisted) (corporate & finance) A$35M A$5M A$30M Market Cap ($0.035/ share) Working Capital Enterprise Value Stephen Stone Managing Director (corporate,
Slide 5: Battery Metals
For personal use only BATTERY METALS
Slide 6: Kambale graphite project
• Inferred Mineral Resource1 of 14.4Mt at 7.2%C (graphitic carbon) for 1.03Mt contained graphite. For personal use only • Preliminary test work on excavated, near-surface, weathered graphitic schists achieved fine flake graphite concentrate grades of up to 96.4% and recoveries of 88% using a convent
Slide 7: Lithium-ion battery demand is forecast to surge
“Castle has moved quickly to participate in the enormous Metals used in electric vehicles For personal use only increase in forecast demand for graphite and lithium for use in the electric vehicle and power storage sectors.” Source: VanEck Lithium-ion battery demand is forecast to surge
Slide 8: Great Southern Graphite
• Purchased granted EL hosting historical Kendenup For personal use only graphite workings. • Acquired open ground (now granted) hosting historical Martagallup and in May 2022 the Mt Barrow graphite occurrences. • Graphite intersected on Martagallup licence by DDH testing a ground-EM anomaly targeti
Slide 9: Wilgee Springs lithium
• Along strike from the Tier-1 Greenbushes lithium mine and within same metamorphic belt. For personal use only • 120km2 ELA to explore for lithium (spodumene) bearing pegmatites. • Minimal historical work. • Modern advanced geochemical and geophysical exploration technologies will be used to ‘peer’
Slide 10: Woodcutters lithium
• Two exploration licences (242km2) For personal use only applied for at Woodcutters. • Within the Bald Hill pegmatite field, 25km north of the Liontown (ASX: LTR) Buldania lithium deposit. • GSWA has mapped numerous pegmatite veins which have not been drilled or sampled for lithium. • Widespread an
Slide 11: Future Metals
For personal use only FUTURE METALS
Slide 12: Earaheedy Basin base metals province
For personal use only “Castle has accumulated an enviable position in the fast emerging Earaheedy Basin base metals province where Rumble Resources Limited and Strickland Metals Limited have revealed large-scale, open- ended SEDEX and MVT-style zinc-lead-copper discoveries.”
Slide 13: Earaheedy - Withnell
• Adjacent to Rumble’s (ASX: RTR) impressive For personal use only Chinook-Magazine Zn-Pb ‘SEDEX’ / unconformity related discovery. • Adjacent to Strickland’s (ASX: STK) Iroquois Zn-Pb ‘MVT’ discovery. • 1994 diamond drilling1 by RGC Exploration intersected Zn-Pb anomalism at Castle’s Sioux prospect
Slide 14: Earaheedy - Terra Rossa
• Four contiguous Terra Rossa applications. For personal use only • Immediately to the east of the dormant Thaduna copper deposit. • Extend north-south for ~40km. • Host at least six base metal prospects identified by surface sampling, RAB, aircore and RC drilling. • Zn, Pb and Cu anomalism occurs a
Slide 15: Earaheedy - Tablelands
• Southeast margin of the Earaheedy Basin. For personal use only • Stratigraphy and structural architecture comparable to setting of Rumble Resources Ltd Chinook-Magazine mineralisation (ASX: RTR) and Castle’s Sioux prospect on its adjacent Withnell licence. • Historical geophysics has been reproces
Slide 16: Success Dome
• 220km2 granted exploration licence prospective for base metals and gold. For personal use only • Within ‘Ashburton structural corridor’ midway between Paulsen’s (ASX: NST) and Ashburton (ASX: KZR) gold projects with little exploration undertaken. • Adjacent to the southern margin of the Hamersley
Slide 17: and...GOLD!
For personal use only and…….GOLD!
Slide 18: Polelle / Wanganui gold
• Under-explored eastern region of Meekatharra gold mining district. For personal use only • Exploration hampered by complex regolith. • Major structural features and prospective lithological units indicative of orogenic gold and VHMS-style base metals. • Along strike from, and on same structure as,
Slide 19: Beasley Creek gold
• Targeting structurally-controlled, For personal use only orogenic gold in under-explored Archean rocks on northern margin of Rocklea Dome. • Likely origin of gold nuggets recovered from 14km mapped conglomerate horizon. • Broad, north-northwest trending, structurally controlled gold corridor outli
Slide 20: Ghana gold projects - Carlie Mining
Carlie Mining Limited (100%) For personal use only • One of largest consolidations of Birimian geology tenure in West Africa. • Adjacent to Azumah Resources Limited’s Wa Gold Project (2.8Moz Mineral Resource and 1.1Moz Ore Reserve)1 Royalty: • 4% net smelter on Azumah’s Julie West project 73,100oz O
Slide 21: Next stage exploration activities
Estimated Commodity Next stage For personal use only commencement Battery Metals Kambale (Ghana) Graphite RC drilling JuneE Great Southern Graphite EM, aircore and RC drilling May, June/July* Woodcutters Lithium Geochem, aircore June1* Wilgee Springs Lithium Geochem, aircore June1* Future Metals Ear
Slide 22: Castle: active acquirer and incubator of early-stage exploration
“Castle is a very active, cost-effective acquirer and value- For personal use only adding incubator of quality, early-stage exploration opportunities providing investors with excellent exposure to the Battery and Future Metals sectors. Its very experienced and motivated team ensures there is a high-
Slide 23: Contact
For personal use only Contact: Stephen Stone, Managing Director stone@castleminerals.com admin@castleminerals.com Mb +61 (0) 418 804 564 or Ph +61 8 9322 7018