Perpetual Resources Ltd. · ASX:PEC
Perpetual Resources — RIU Sydney Conference 2025
46 slides from Perpetual Resources's conference presentation, May 8, 2025
Slide 1: Ready to Drill & Unlock Potential: Exploring in Brazil's Pre-eminent Lithium Region
For personal use only Ready to Drill & Unlock Potential: Exploring in Brazil’s Pre-eminent Lithium Region. ASX: PEC MAY 2025
Slide 2: Disclaimers
This presentation contains summary information about Perpetual Resources Ltd ACN 154 516 533 No New Information: Except where explicitly stated, this announcement contains references to prior DISCLAIMERS (Perpetual or the Company) and is current as of 7 May 2025. exploration results, all of which ha
Slide 3: Why Perpetual?
Why Perpetual? For personal use only High impact, low cost, Significant valuation bottom of the cycle discrepancy to peers based investment on known mineralisation Optimal geological setting In-country team and that significantly enhances experienced management the likelihood of success Low-risk, mi
Slide 4: Project Portfolio Lithium and Tin
Project Portfolio L ithium and Tin LITHIUM & TIN For personal use only Lithium Valley Compelling footprint in Brazil’s “Lithium Valley”, which hosts several Tier 1 RARE EARTHS spodumene projects. Caldeira Complex CAL D EIRA CO MP LEX Established projects: Host to some of the highest-grade ionic abso
Slide 5: Upcoming Catalysts
Upcoming Catalysts For personal use only APRIL MAY* JUNE* TARGET REFINING SITEWORKS DRILLING Development of high LIDAR analysis and preparation for Drilling program IGREJINHA potential drill targets pre-drilling access, including underway Lithium based on multiple access paths, drill pads and other
Slide 6: Local Field Teams
For personal use only 6 LOCAL FIELD TEAMS
Slide 7: Prospective Asset Base
PROSPECTIVE ASSET BASE RARE EARTHS For personal use only LITHIUM METALS • Extensive License Portfolio – • Outstanding Maiden Drill Results: Multiple licenses with • High grade tin (>7% Sn, incl. 2,859 ppm Tantalum). • 5m @ 5,591ppm TREO (35% Nd+Pr) confirmed spodumene • High Grade Niobium (>50% • 12
Slide 8: Why Brazil?
For personal use only Why Brazil?
Slide 9: Minas Gerais: Brazil's Mining Hub
Minas Gerais For personal use only BRAZIL’S MINING HUB Minas Gerais is Brazil’s pre-eminent mining jurisdiction, hosting a vast number of mines across multiple commodities: • More than 300 operating mines, including 40% of Brazil’s largest mines. • Brazil’s sole domestic producer of lithium concentr
Slide 10: Emerging Superpower
Emerging Superpower For personal use only Low-cost jurisdiction with a skilled workforce and a supportive government encouraging investment. Strong infrastructure and economic stability. EU-Mercosur trade agreement sign ed in December 2024. Economic Workforce Mining Emerging Markets 10th largest GDP
Slide 11: Lithium Valley: A Clear Path to Mining
Lithium Valley: For personal use only A Clear Path to Mining DISCOVERY DISCOVERY DISCOVERY MINING NEW MINERS PRE 2017 JAN 2019 MAR 2022 MAY 2022 DEC 2022 DEC 2022 APR 2023 JAN 2025 2025 MAIDEN MRE DISCOVERY MAIDEN MRE ACQUISITION BY PLS Sigma Lithium (NASDAQ: SGML) – Grota do Cirilo Project | Curren
Slide 12: Unrivalled Permitting Timelines
Unrivalled Permitting Timelines For personal use only LITHIUM VALLEY, BRAZIL Recent Permitting Milestones 6 MONTHS – 1 YEAR JUL 2023 NOV 2023 FEB 2025 Lithium Ionic Application SEMAD issues report projects granted submitted for LAC* recommending LAC ‘priority status’ by environmental approval; final
Slide 13: Strong Government Relationships
Strong Government Relationships For personal use only MOU WITH BRAZILIAN GOVERNMENT – INVEST MINAS Perpetual & Invest Minas MOU • Support for government approvals, licensing, and supplier connections. • Public promotion of investment and project visibility. • Integration into Brazil’s critical miner
Slide 14: Local Supply Chain Development
Local Supply Chain Development For personal use only • EV & Battery Investment o BYD, the largest electric car producer, is opening three factories in Bahia, investing R$3 billion. o Great Wall Motors plans to start producing electric cars in São Paulo (late-2024) o BYD will manufacture electric veh
Slide 15: PEC Projects: Advanced Lithium & Battery Metals
For personal use only PEC Projects: Advanced Lithium & Battery Metals
Slide 16: Lithium Valley
Lithium Valley For personal use only PERPETUAL’S LITHIUM PROJECTS Situated in Brazil’s world-renowned Lithium Valley, Perpetual’s areas cover 15,095 hectares across 15 licenses, adjacent and proximal to some of the largest lithium producers and developers globally, including: S I G MA LI T H I UM ($
Slide 17: 1. Igrejinha Lithium Project
1. Igrejinha Lithium Project For personal use only High-Grade Assets in the Heart of Lithium Valley Prime Location & Infrastructure • 990-hectare site in Tier-1 Lithium Valley • 6km from major producing mines (CBL, Sigma, Lithium Ionic) • Aacent to operating and developing lithium projects (reducing
Slide 18: In Sight of Lithium Mines
IN SIGHT OF LITHIUM MINES For personal use only Refer to CBL’s website as of 22nd March 2024: https://www.cblitio.com.br/en/mining 18
Slide 19: Exploration Origins: Unexplained Topographic Anomalies
EXPLORATION ORIGINS: For personal use only Unexplained Topographic Anomalies • Topographic high align with spodumene-rich pegmatites (found in artisanal workings), confirming grades up to 7.6% Li₂O and caesium up to >5% Cs₂O. • These unexplained anomalies suggest pegmatite influence, indicating stru
Slide 20: Exploration Origins: Artisanal Workings
EXPLORATION ORIGINS: Artisanal Workings For personal use only 20 Refer to ASX Announcement: “Acquisition of Brazil Spodumene Project with up to 5% Li2O” dated 24 July 2024. Refer to ASX Announcement: “Transformational Acquisition And Expansion In Lithium Valley 18 February 2025 Refer to ASX Announce
Slide 21: High Grades Down Trend from Producing Spodumene Mines
High Grades Down Trend from Producing Spodumene Mines For personal use only 21 Refer to ASX Announcement: “Acquisition of Brazil Spodumene Project with up to 5% Li2O” dated 24 July 2024. Refer to ASX Announcement: “Transformational Acquisition And Expansion In Lithium Valley 18 February 2025 Refer t
Slide 22: Contemporary Exploration: Multispectral Analysis
CONTEMPORARY EXPLORATION: Multispectral Analysis for Pegmatite For personal use only Structure Mineral Mapping • Priority Target 1: Directly aligns with field samples, confirming spectral signatures of lepidolite and spodumene, independent of alteration zones—highlighting a strong mineralisation pro
Slide 23: Lead-in Drill Activities
Lead-in Drill For personal use only Activities Significant number of pre-drill sampling results due in May • ~220 Soil Samples – Systematic geochemical coverage across priority zones • 17 Auger Holes (>1m Depth) – Targeting subsurface extensions of mineralisation • Rock Chip Sampling – Focused on ne
Slide 24: Regional Prospectivity – Repeated Proof of Concept
REGIONAL PROSPECTIVITY – REPEATED PROOF OF CONCEPT & PROSPECTIVE CORRIDOR For personal use only 24 Source: Antonio Pedrosa-Soares - Eastern Brazilian Pegmatite Province and Lithium Ionic's Bandeira project
Slide 25: Significant Intercepts within Lithium Valley
SIGNIFICANT INTERCEPTS WITHIN LITHIUM VALLEY For personal use only • Lithium Ionic Corp: Bandeira Project (8km from Igrejinha)1 • 1.72% Li₂O over 53.7 meters, including 1.87% Li₂O over 39.5 meters • 1.61% Li₂O over 11.2 meters. • Sigma: Xuxa Project (8km from Igrejinha)2 • 22.5 meters at 1.86% Li2O
Slide 26: Pathway to Drilling at Igrejinha
Pathway to drilling at Igrejinha For personal use only Confirmed Q4 2024 Q1 2025 Q1 2025 Q1 2025 Q2 2025 FIELDWORK AND ASSAYS & TARGET TARGET REFINING SITEWORKS DRILLING SAMPLING DEFINITION Development of high LIDAR analysis and Drilling program Comprehensive Interpretation of potential drill target
Slide 27: 2. Renaldinho Lithium Project
2. Renaldinho For personal use only Lithium Project Early-stage rapidly developing • High-grade spodumene assays from the recently acquired Renaldinho Project, one of three exploration licenses secured in February 2025, strategically positioned in Brazil’s Araçuaí district - responsible for ~90% of
Slide 28: Renaldinho Lithium Project
Renaldinho Lithium For personal use only Project Prolific artisanal mining area with confirmed Spodumene. 28 Image A refer ASX announcement 24 March 2025. Other Images shown are for illustrative purposes only and may depict geological features or artisanal workings that have not been sampled or assa
Slide 29: 3. Isabella Lithium Project
3. Isabella For personal use only Lithium Project ADVANCED LITHIUM EXPLORATION PROJECT DELIVERING HIGH-GRADE SPODUMENE. Located in the epicenter of Tier 1 producers and developers. • High grade lithium confirmed, with spodumene sample results including; • 5.62% Li2O • 5.40% Li2O (maximum detection l
Slide 30: Isabella Lithium Project (cont'd)
Isabella Lithium For personal use only Project (cont’d) Sample ID Easting Northing Li (ppm) Li2O (%) IZA001 199105 8118631 26,100 5.62% PIZ009 199105 8118631 >25,000 >5.4% PIZ011 199105 8118631 >25,000 >5.4% PZA004 200164 8118213 13,700 2.9% PIZ014 199115 8118642 10,100 2.2% PIZ025 199257 8118627 8,
Slide 31: PEC Projects: Tin
For personal use only 32 Tin PEC Projects:
Slide 32: Brazil – a Known Tin Producer
Brazil – a Known For personal use only Tin Producer • Significant Tin Producer: As of 2023, Brazil ranks sixth globally in tin production, yielding approximately 18,000 metric tons annually1. • Primary Mining Regions: The main tin-producing states in Brazil include Rondônia, Amazonas, Pará, Mato Gro
Slide 33: 4. Itinga Tin, Niobium & Titanium Project
4. Itinga Tin, Niobium For personal use only & Titanium Project 3,032 HECTARES SHOWCASING HIGH-GRADE TIN, NIOBIUM and TITANIUM MINERALISATION. Early exploration has confirmed multiple significant results for critical minerals. Highlight include: Significant High-Grade Tin & Tantalum & Titanium Rock
Slide 34: Itinga Tin Project – High Grade Tin with Pegmatite Corridor
Itinga Tin Project – High Grade Tin with significant Pegmatite Corridor For personal use only Refer to ASX Announcement: 17th Feb 2025 Refer to ASX Announcement: 22nd July 2024 35
Slide 35: Widespread Pegmatite Associated Cassiterite Mineralisation
Widespread Pegmatite Associated For personal use only Cassiterite Minerlisation 2025 36 Refer to ASX Announcement: 17th Feb and 22nd July 2024 Images A is shown for illustrative purposes only and may depict geological features that have not been sampled or assayed. No inference of grade or mineralis
Slide 36: Tin Strategy at Itinga
Tin Strategy at Itinga For personal use only SCHEDULED WORKS Q2 25 • Accelerated Reconnaissance Program – Aggressive, high-impact field campaign to rapidly assess potential. • Expansion of Mineralized Footprint – Extend known cassiterite mineralisation and evaluate scalability potential. • Targeted
Slide 37: PEC Projects: Rare Earths
For personal use only PEC Projects: Rare Earths 38
Slide 38: Caldeira Rare Earth Complex
Caldeira Rare For personal use only Earth Complex PERPETUAL’S RARE EARTH TENEMENTS Situated in the world-renowned and prolific Caldeira Alkaline Complex, Perpetual’s tenements are adjacent and proximal to two of the largest ionic clay rare earth deposits globally, including: METEORIC RESOURCES • Met
Slide 39: High Grades Standout Metallurgy
High Grades Standout Metallurgy For personal use only • Exceptional land access attributes allowed rapid • Raptor metallurgical results confirm Ionic Adsorption Clay commencement of exploration program. (IAC) REE mineralisation3. • Early reconnaissance proved highly successful1 2 • All nine metallur
Slide 40: Conclusion
Conclusion For personal use only IMMENENT HIGH IMPACT CATALYSTS • Maiden lithium drill program set to commence at Igrejinha, across multiple high potential targets. WORLD CLASS EXPLORATION PORTFOLIO • Handpicked for exceptional geological potential. • Upcoming trenching program focused on tin at Iti
Slide 41: Thank You
For personal use only THANK YOU Perpetual Resources Ltd perpetualresources.co Suite 2, 68 Hay Street. Julian Babarczy, Executive Chairman Subiaco WA 6008 info@perpetualresources.co
Slide 42: Corporate Snapshot
Corporate Snapshot For personal use only As of 7 May 2025 ASX CODE PEC SHAREHOLDERS Share Price $0.014 Ordinary Shares 832.4m Board & Management 10.6% Market Capitalisation $11.7m Top 20 41.8% Performance Rights 45.0m Other holders 58.2% Options (strike prices $0.025 - $0.06) 40m 43
Slide 43: Board of Directors
Board of Directors For personal use only JULIAN BABARCZY ROBERT BENUSSI RAFAEL MOTTIN NICHOLAS KATRIS Executive Chairman Executive Director Non-Executive Director Company Secretary Key Management Operational Team Allan Stephens Vinicius Theobaldo Jorge Harrison Cookenboo Flávia Compass PhD Karl Webe
Slide 44: Strategic Location: On the Doorstep of the USA
Strategic Location For personal use only ON THE DOORSTEP OF THE USA • The US has a desire to develop new, non- traditional critical minerals supply chains • Brazil represents the ideal location to identify critical minerals projects, due to its proximity to the US market • The US and Brazil are expe
Slide 45: Brazil - Competitive Advantage
Brazil - Competitive Advantage For personal use only Value Proposition Cost and Speed of Works Cost of Production & Acquisition Future mine potential derisked Low-cost, well-structured deals Get answers quickly – by nearby production which is provide minimal risk and maximum spending less time and m
Slide 46: Commitment to ESG
Commitment to ESG For personal use only SUSTAINABLE DEVELOPMENT ENVIRONMENTAL STEWARDSHIP: Integrate environmental and social Uphold the highest standards of considerations into decision-making to environmental management to minimize support long-term success and growth. our impact and promote susta