Greenvale Energy Limited · ASX:GRV

Greenvale Energy — Resources Rising Stars Investor Evening December 2021

24 slides from Greenvale Energy's conference presentation, Dec 8, 2021

  1. Slide 1: Conference Presentation – Greenvale Mining Presentation

    ASX ANNOUNCEMENT 8 December 2021 CONFERENCE PRESENTATION GREENVALE MINING PRESENTATION In accordance with our continuous disclosure obligations, enclosed is a copy of the presentation to be made today by Mr. Matt Healy, CEO of Greenvale Mining Limited at the Resources Rising Stars Conference, being

  2. Slide 2: On the Road to Success & Unlocking Hidden Potential

    ASX: GRV ON THE ROAD TO SUCCESS & UNLOCKING HIDDEN POTENTIAL Resource Rising Stars Investor Evening December 2021

  3. Slide 3: Important Information

    Important Information DISCLAIMER FORWARD-LOOKING STATEMENTS This document and all other information (whether in writing or otherwise) which may be made This presentation contains forward looking statements. Forward looking statements are often, but not available, or part thereof does not: always, id

  4. Slide 4: Corporate Summary

    Corporate Summary SHAREHOLDER SNAPSHOT CAPITAL STRUCTURE Board & Management Shares M 397 24% Options M - Share price (6 December 2021) A$ $0.34 Market Capitalisation (6 December 2021) A$ $135m Cash & Investments A$ $8.75m Top 20 Shareholders % 48% Other 76% SHARE PRICE 0.7 12 0.6 10 Volume Millions

  5. Slide 5: On the Road to Success – Alpha Torbanite Project (QLD)

    ON THE ROAD TO SUCCESS ALPHA TORBANITE PROJECT (QLD) © Copyright Greenvale Mining Ltd 2021 4

  6. Slide 6: Alpha Torbanite Project

    Alpha Torbanite Project ON THE ROAD TO SUCCESS AT ALPHA ● Located in central QLD, 500km west of Rockhampton ● Discovered in 1939 ● An organic-rich sedimentary rock formed in a lacustrine (lake) environment ● Alpha torbanite is exceptionally high-grade, containing up to 698 litres of hydrocarbons per

  7. Slide 7: Alpha Torbanite Project – Road to Commercialisation

    Alpha Torbanite Project ROAD TO COMMERCIALISATION ● An updated commercialisation strategy for the Project has been developed incorporating a “green” power generation model. ● The Project will be designed to meet emissions best-practice and include a solar and gas-fired hybrid power station feeding i

  8. Slide 8: Alpha Torbanite Project – Wholesale Electricity

    Alpha Torbanite Project WHOLESALE ELECTRICITY ● Produced by a co-generation turbine (gas plus steam) and solar farm. ● Current planning is based on having a 50MW turbine which will produce enough waste heat for the retorting process coupled with a 50MW solar farm (or alternative renewable energy sys

  9. Slide 9: Alpha Torbanite Project – Bitumen Products

    Alpha Torbanite Project Australia’s Bitumen Consumption Forecast (Mt) 1.6 1.4 1.2 1.0 BITUMEN PRODUCTS 0.8 0.6 ● Greenvale has been in discussions with local asphalt producers and is 0.4 confident that long-term supply agreements can be secured for all the 0.2 0.0 bitumen produced. 2020 2021 2022 20

  10. Slide 10: Process Plant Layout and Specifications

    Alpha Torbanite Project PROCESS PLANT LAYOUT AND SPECIFICATIONS ● Approximately 85% of the raw material is likely to be converted into refined products. ● Up to 15% of the raw material will be consumed for power generation and sulphuric acid production. ● Energy efficiency and reduction of emissions

  11. Slide 11: Modified Fischer Assay & Retorting Test Work

    Alpha Torbanite Project MODIFIED FISCHER ASSAY & RETORTING TEST WORK ● Torbanite oil yields ranged 290.4 – 698.6 Litres per tonne at zero% moisture (LT0M) – confirming high yielding nature of deposit ● Cannel Coal oil yields ranged 123.5 – 206.4 LT0M ● Torbanite and Cannel coal yields compare favour

  12. Slide 12: Alpha Torbanite Project – Next Steps

    Alpha Torbanite Project NEXT STEPS ● Receipt of drill sample proximate and trace analytical results and incorporation into Maiden Mineral Resource Estimate Dec ● Finalisation of Greenvale Retort apparatus and systematic processing method - Dec ● Retorting samples available for marketing Dec ● System

  13. Slide 13: Unlocking the Georgina Basin's Hidden Potential

    UNLOCKING THE GEORGINA BASIN’S HIDDEN POTENTIAL GEORGINA BASIN IOCG PROJECT (NT) © Copyright Greenvale Mining Ltd 2021 12

  14. Slide 14: Georgina Basin IOCG Project

    Georgina Basin IOCG Project UNLOCKING THE GEORGINA BASIN’S HIDDEN POTENTIAL ● Seven granted tenements ● Four under application ● Total Area 4,509km2 ● Iron-Oxide-Copper-Gold deposit prospectivity under cover ● All tenements cover highly prospective areas. ● Two NDI diamond holes (NDIBK05 & NDIBK10)

  15. Slide 15: Project Update

    Georgina Basin IOCG Project PROJECT UPDATE ● Site camp established ● Production water bore drilled to supply diamond drilling ● Commenced Diamond Drilling at Twin Peaks ● KNRDD002 (West) completed 796.6m ● KNRDD004 (East) underway ● Assays expected Dec 2021 – Jan 2022 ● Geophysical data received fro

  16. Slide 16: Twin Peaks Drill Targets

    Georgina Basin IOCG Project “TWIN PEAKS” DRILL TARGETS ● Identified through 100m line-spaced airborne magnetic surveying ● Subsequent 1,879 gravity stations at a spacing of 200m x 200m within the project area ● Magnetic and Gravity Data indicate high- mag bullseye targets with coincidental gravity a

  17. Slide 17: Twin Peaks - KNRDD002

    Georgina Basin IOCG Project “TWIN PEAKS” - KNRDD002 Topography ● Target area successfully intersected Density ● Intersected basement rocks at ~444m (310m vertically). Anomaly ● Intersected metamorphosed sedimentary rocks and breccias consistent with those of the Warramunga formation, host of Tennant

  18. Slide 18: Twin Peaks - KNRDD002

    1. Georgina Basin IOCG Project “TWIN PEAKS” - KNRDD002 ● First hole intersected hematite(-talc), hematite-quartz-chlorite and sericite altered metasedimentary rocks and breccias through target 2. ● Rock types intersected consistent with Warramunga formation ● Alteration observed consistent with oxid

  19. Slide 19: Twin Peaks - KNRDD002

    Georgina Basin IOCG Project Topography “TWIN PEAKS” - KNRDD002 Topography Density Anomaly Density Anomaly Magnetic Anomaly Magnetic Anomaly TD 796.6m TD 796.6m © Copyright Greenvale Mining Ltd 2021 18

  20. Slide 20: KNRDD002

    Georgina Basin IOCG Project KNRDD002 ● Trace native copper observed on a slickensided shear at approx. 732.5m down-hole (630m vertically). ● Slickensided shear caused by frictional movement between rocks along the sides of a fault ● Trace native copper may indicate the presence of metals within flui

  21. Slide 21: Central Tenements Target Generation

    Georgina Basin IOCG Project CENTRAL TENEMENTS TARGET GENERATION ● Gravity and Magnetic modelling completed – EL32295 ● Three highly-prospective targets identified: ● Mawson; ● Banks; and ● Leichhardt. ● Drill hole design completed: ● 9-hole drill program for 5,860m ● A further three contingent holes

  22. Slide 22: Georgina – Next Steps

    Georgina – Next Steps Twin Peaks ● Complete KNRDD004 - Dec ● Assay and Interpretation of initial Twin Peaks holes - Dec/Jan ● Drill KNRDD001 and KNRDD003 - Feb ● Downhole geophysical surveying Central Tenement Group ● MMP amendment to include Mawson-Banks-Leichhardt targets - Jan ● Target generation

  23. Slide 23: Summary

    Summary ● Alpha Torbanite Project ● Unique, high-yielding deposit with potential for multiple marketable products ● Strategic energy-efficient and carbon-offset commercialisation pathway ● Mineral Resource Estimate due Q4 2021 ● Feasibility Study due Q1 2022 ● Georgina Basin IOCG Project ● Substanti

  24. Slide 24: Thank You

    THANK YOU www.greenvalemining.com

Greenvale Energy — Resources Rising Stars Investor Evening December 2021 on 6ix