Black Bear Minerals Limited · ASX:BKB
Black Bear Minerals — James Bay Minerals — RIU Resurgence Conference 2023
21 slides from Black Bear Minerals's conference presentation, Nov 23, 2023
Slide 1: RIU Resurgence Conference
RIU Resurgence Conference ASX Code: JBY 22nd & 23rd November 2023
Slide 2: Disclaimer
Disclaimer Forward-looking statements This Presentation may contain certain forward-looking statements, guidance, forecasts, estimates or projections in relation to future matters (Forward Statements) that involve risks and uncertainties, and which are provided as a general guide only. Forward State
Slide 3: Company Snapshot
Company Snapshot James Bay Minerals o w n s 1 0 0 % i n t e r e s t i n 34,572 Ha (346km2) of prospective lithium projects within the James Bay region of Quebec. Corporate Summary Hudson Bay Shares on Issue 60,500,000 James Bay Share price (Close Price 21/11/23) Balance of $0.41 Shareholders ~29% ON
Slide 4: Company Highlights
Company Highlights Spodumene discovered1 Canadian focused, lithium Explorer One of the largest landholdings on the La Grande Lithium Trend ~55km James Bay Minerals James Bay rivals the Pilbara 4 1. ASX Announcement “Spodumene discovered at Aero Property”, dated 31 October 2023.
Slide 5: Board of Directors
Board of Directors Andrew Dornan Gerard O’Donovan Judy Baker Dean Ercegovic Executive Director Non-Executive Chair Non-Executive Director Non-Executive Director 18 years senior commercial management Previously Managing Director of Battery Age 8-year Director of Nemaska Lithium Founding Director and
Slide 6: Senior Management
Senior Management Mark Fekete Marty Huber Daniel Loughnan James Doyle Matthew Hayes Senior Geology Consultant Senior Geology Consultant Chief Financial Officer Company Secretary Corporate Development 30-year experienced geologist based in 20-year experienced geologist based 20 years experienced Acco
Slide 7: Our Properties
Our Properties 3 Key Ingredients for LCT Pegmatites • All the properties sit within Neo-Archean rocks James Bay Minerals 7
Slide 8: Deformation Zones
Deformation Zones 3 Key Ingredients for LCT Pegmatites • Neo-Archean rocks • Major regional faults with wide deformation zones up to 1km across James Bay Minerals 8
Slide 9: Greenstones Belts
Greenstones Belts 3 Key Ingredients for LCT Pegmatites • Neo-Archean rocks • Major regional faults with widths up to 1km plus wide • Greenstone belts in James Bay Minerals proximity to S-type granites 9
Slide 10: Location of Major Deposits
Location of Major Deposits Northern properties sit on La Grande Greenstone belt, James Bay region, Quebec. Hosts the largest lithium discoveries of the past James Bay Minerals few years. 10
Slide 11: Two fields of Fractionated Pegmatites - Aero Property
Two fields of Fractionated Pegmatites - Aero Property1 2 “The most highly fractionated rare element-enriched pegmatites only constitute about two percent of regional pegmatite • Thirty-One fractionated pegmatites. populations 3” • Pegmatites up to ~590m long and ~30m wide. • Field One corridor ~3km
Slide 12: Spodumene Discovered – Aero Property
Spodumene Discovered – Aero Property Spodumene crystals observed within Warhawk outcrop1 James Bay Minerals Figure 1 - Raw outcrop with green mineral interpreted to be Figure 2 - Interpreted weathered green minerals interpreted as Figure 3 - Fresh rock channel sample from Warhawk with spodumene. 2 s
Slide 13: ~2.5km of elevated lithium LIBS readings
~2.5km of elevated lithium LIBS readings1 WARHAWK GAUNTLET ~2.5km of elevated lithium readings from LIBS James Bay Minerals Figure 1 – Aero Pegmatite field overlayed with 2.5km corridor of elevated lithium readings obtained from LIBS machine. 13 1. ASX Announcement “Elevated lithium readings from LI
Slide 14: La Grande Project - Aqua Property
La Grande Project - Aqua Property Abundant Spodumene crystals discovered at border 1 Pegmatites Pegmatite dykes running west to east (left to right of picture) (Second running parallel behind) ASX listed FIN Resources heat map showing spodumene discovery (Red Circle on left heat map) photographed fr
Slide 15: Expansion of La Grande Project
Expansion of La Grande Project 70% Increase in Project Area to 30,168 hectares (302km2) James Bay Minerals Joule Property existing (blue) and additional claims (red) James Bay Minerals Aqua Property existing (blue) and additional claims (red) 15
Slide 16: Maiden Field Program - Completed Activities
Maiden Field Program - Completed Activities • Initial engagement with Cree Nation of Wemindji • LIDAR and high-resolution photography • Field mapping and prospecting across Aero • High-resolution heliborne magnetic & James Bay Minerals spectrometric survey flown 16
Slide 17: Upcoming Activities
Upcoming Activities • Desk top studies analysing data generated from 2023 field program and aerial surveys to inform targeted works moving forward • Submission of drill permit for Aero Property • Accelerated drill program at Aero Property, forecast to commence H1 2024 James Bay Minerals • Commence f
Slide 18: Lithium Pricing
Lithium Pricing Ambitions vs Reality James Bay Minerals Studies vs Execution 18
Slide 19: Market Activity
Market Activity - Hot M & A market Approx. 50% of the worlds lithium - Failed takeover bids is produced in Western Australia - Cashed up international lithium organisations - Nationalisation of lithium in Chile James Bay Minerals - Large African lithium assets tied up in dispute 19
Slide 20: James Bay / Canada – “The place to be!”
James Bay / Canada – “The place to be!” Only Tier 1 Jurisdiction with: - Massive LCT deposits - Exploration tax rebates (Up to 40%) - Flow through funding - No sovereign risks James Bay Minerals - Government grants - Unexplored with huge potential 20
Slide 21: Contact Information
Contact Information: Investor Relations: Andrew Dornan Nicholas Read Executive Director Read Corporate James Bay Minerals Limited Phone: (08) 9388 1474 www.jamesbayminerals.com.au Email: nicholas@readcorporate.com.au