Ronin Resources Ltd · ASX:RON
Ronin Resources — Investor Presentation (October 2023)
19 slides from Ronin Resources's investor presentation, Oct 3, 2023
Slide 1: Hornby Lake Lithium Project
For personal use only HORNBY LAKE LITHIUM PROJECT Ontario, CA Hornby Lake Canada Greenstone
Slide 2: Disclosures & Disclaimers
Disclosures & Disclaimers Not an offer of securities This document has been independently prepared by Ronin Resources Limited (Ronin) and is provided for informational purposes only. This document does not constitute or contain an offer, invitation, solicitation or recommendation with respect to the
Slide 3: Competent Person Statement
For personal use only Competent Person Statement The Exploration Results and Targets for the Vetas Coal Project contained in this presentation have been extracted from the Independent Geologist’s Report included in the Company’s IPO Prospectus dated 29 October 2021, a copy of which was released to A
Slide 4: Capital Structure
For personal use only Capital Structure Ronin Resources Shares Issued & Outstanding 36,825,010 Unlisted $0.30c options 3,925,000 Performance Rights 200,000 Fully Diluted 40,950,010 Market Capitalisation @ $0.14 ~$5.16m $3.94M Cash at Bank (30 June 2023) Enterprise Value ~$1.22M | Hornby Lake Lithium
Slide 5: Team
Team Joseph van den Elsen (BA, LLB, Grad Dip Environment, Energy & Resources Law, Grad Dip Mineral Exploration Geoscience and Master of Science For personal use only (Mineral Economics) (in progress) Executive Chairman Joseph is a dual Australian/Colombian citizen who founded Ronin Resources in 2017
Slide 6: Project Locations
For personal use only Project Locations Ontario, CA Canada Hornby Lake Project Greenstone hosted lithium targets Colombia South America Vetas Coal Project Large high-grade, shallow thermal coal deposit | Hornby Lake Lithium Project 6
Slide 7: Hornby Lake Greenstone Project Overview
For personal use only Hornby Lake Greenstone Project Overview • 123 km2 exploration package, located within the Red Lake mining district of Ontario, Canada. The Hornby Lake Greenstone property has seen limited exploration with historical work targeting shear zone hosted base metal deposits. • The OB
Slide 8: Bear Head Lake Fault Zone Regional Geology
For personal use only Bear Head Lake Fault Zone Regional Geology • The mineralization at Frontier’s PAK and Spark deposits is hosted within the Bear Head Lake Fault Zone (BHLFZ) which is a NW trending shear zone controlling the emplacement of fertile source granites • Emplacement of the PAK and Spar
Slide 9: Hornby Lake Project Major Prospectivity Elements
Hornby Lake Project Major Prospectivity Elements For personal use only A review of the Hornby Lake Project identified four general prospectivity elements, indicative of potential for lithium mineralization. These include: ✓ Potential fertile granites: The project area is host to at least two 2-mica
Slide 10: Hornby Lake Project Extensive pegmatite targets
For personal use only Hornby Lake Project Extensive pegmatite targets • 5 pegmatites have been mapped in the north of the claim block (labelled A – E) • The dikes are mentioned to vary from a few cm in width to 50m and radiate either from a source near North and South Dome on the northeast or from a
Slide 11: Fieldwork Targeting
For personal use only Fieldwork Targeting • A first pass fieldwork program has been developed to explore for lithium mineralization in consultation with CSA Global with the objective of confirming the known pegmatites and 2 mica granites and ground truthing the interpreted pegmatite targets • A tota
Slide 12: Current Infrastructure | Power and Access Upgrades
For personal use only Current Infrastructure | Power and Access Upgrades Government Funded Infrastructure Upgrades • Government is partnering with First Nations communities to build the $2 billion dollar Watay power network with completion targeted for 2023-2024. • Multiple studies are currently und
Slide 13: Near Term Milestones
For personal use only Near Term Milestones September 2023 November 2023 Fieldwork commenced Geochemical analysis results (Announced on ASX 11 September 2023) Q3 2023 Q4 2023 Q1 2024 October 2023 Q1 2024 Preliminary fieldwork Phase 2 Exploration report and phase 2 exploration planning | Hornby Lake L
Slide 14: Comparable Listed Company Analysis
Comparable Listed Company Analysis North Spirit Lake Regional Lithium Exploration Companies – Pre and Post Discovery For personal use only 350 300 300 250 Market Cap 200 $M 150 100 65.7 50 14.3 8.8 4.8 0 Frontier Lithium Inc. (FL.VN) Critical Resources (CRR:ASX) Patriot Lithium (PAT:ASX) Blaze Miner
Slide 15: Vetas Coal Project Highlights
For personal use only Vetas Coal Project Project Highlights • Large high-grade, shallow thermal coal deposit; • 100% owned by Ronin, with no contingent asset payments; • 30 Year Mining Contract, renewable for a further 30 years; • Mine Plan (PTO) and an accompanying environmental license application
Slide 16: Vetas Coal Project JORC Compliant Exploration Target
For personal use only Vetas Coal Project Large high-grade, shallow JORC Compliant Exploration Target • The Company has compiled a database of 11 historical coal holes, 32 petroleum holes and 25 seismic lines, to complement its own surface mapping, satellite imagery and sample collection and analysis
Slide 17: Vetas Coal Project Coal Quality
Vetas Coal Project Coal Quality For personal use only • To date, coal quality data made available from trenching and surface samples shows high calorific value coal, in excess of the Colombian thermal export benchmark (API10), which is also low in ash and sulfur. Samples demonstrate the potential fo
Slide 18: Vetas Coal Project Permitting Status
For personal use only Vetas Coal Project Permitting Status • As detailed in the Permitting Update – Vetas Project announcement released on ASX on 14 February 2023, the company has submitted a Mine Plan (PTO) and an accompanying environmental license application (PMA) modelled on a near-term, low cap
Slide 19: Contact Us
For personal use only Contact Us: +61 3 8630 3321 info@roninresources.com roninresources.com | Hornby Lake Lithium Project
Ronin Resources — Investor Presentation (October 2023) on 6ix