West Coast Silver Limited · ASX:WCE
West Coast Silver — Shareholder Meeting (April 2022)
14 slides from West Coast Silver's shareholder meeting presentation, Apr 22, 2022
Slide 1: Andover West: A Nickel-Copper Opportunity in the Pilbara
Andover West: A Nickel-Copper Opportunity in the Pilbara A project with the potential to reshape Errawarra (ASX:ERW) Presentation | April 2022
Slide 2: Nickel-Copper & Gold in Western Australia
NICKEL-COPPER & GOLD IN WESTERN AUSTRALIA Errawarra has taken a bold step to gain exposure to highly prospective known Ni-Cu bearing terrain in the West Pilbara through purchase of 80% interest If successful, this project will be potentially transformative for the Company Andover West, 30km sout
Slide 3: Andover West | Regional Context
ANDOVER WEST | REGIONAL CONTEXT West Pilbara - Under explored - Extensive mafic intrusions known to host Ni sulphides - Competitive ground position - Good infrastructure Highly Prospective - Cu, Zn (Whundo, Whim Ck) - Cu, Ni (Andover, Ruth Well) - Pt, Pd (Munni Munni) - Ag (Elizabeth Hill) - Au
Slide 4: Andover West | Nickel-Copper Targets E47/4352
ANDOVER WEST | NICKEL-COPPER TARGETS E47/4352 Location: only 30km southeast of Karratha, Western Australia Priority VTEM/FLEM conductor anomaly within Andover mafic intrusion 2.8km SW AZURE DISCOVERIES of Azure’s VC-07 NI-Cu discovery which is currently undergoing resource drill out Additional
Slide 5: Andover West | Priority Nickel-Copper Targets
ANDOVER WEST | PRIORITY NICKEL-COPPER TARGETS Historic VTEM and follow-up FLEM surveys did not have optimal orientation relative to the orientation of the identified targets The 3 anomalies are likely to be related Azure’s ‘VC-07’ Like VC-07, the targets are spatially target associated with th
Slide 6: Azure | Andover Nickel-Copper Discovery
AZURE | ANDOVER NICKEL-COPPER DISCOVERY Azure Minerals is an explorer primarily focussed on its Andover Nickel Discovery in the Pilbara The company acquired a 60% stake in the project from Mark Creasy in 2020, with Azure sole funding Creasy to BFS The Creasy group initially discovered minerali
Slide 7: Azure Minerals | A Nickel-Copper Discovery Story
AZURE MINERALS | A NICKEL-COPPER DISCOVERY STORY 7
Slide 8: Nickel | Increased Demand for Nickel
NICKEL | INCREASED DEMAND FOR NICKEL LME nickel prices saw an historic 250% spike this year, reaching prices in excess of $100,000/tonne, resulting in a temporary shutdown of the market. Trading has resumed at ~ $33,000/tonne1 Prices continue to be supported by the increasing demand of the EV in
Slide 9: Andover West | Forward Work Program
ANDOVER WEST | FORWARD WORK PROGRAM Stage Activity Anticipated Timing Progress Shareholder meeting to approve acquisition of Step 1 22 April 2022 Andover West Project Step 2 Complete heritage agreement Late April-mid May 2022 Step 3 Grant of tenement Late May-early June 2022 Step 4 POW approved Late
Slide 10: Capital Structure
CAPITAL STRUCTURE No. Notes Shares 45.49M Listed on ASX 14 December 2020 Exercisable at 30c on or before Options 6.56M 30 September 2022, 26 November (Unlisted) and 2 December 2024 Bonus options on the basis of 1 option for every 2 shares held Options 16.77M completed in March 2022. (Listed) Exercis
Slide 11: Top 20 Shareholders
TOP 20 SHAREHOLDERS Position Holder Name Holding % 1 SORRENTO RESOURCES PTY LTD 3,643,234 8.01% 2 MR ALASTAIR CARDNO 1,983,717 4.36% 3 CITICORP NOMINEES PTY LIMITED 1,380,987 3.04% 4 BNP PARIBAS NOMINEES PTY LTD <IB AU NOMS RETAILCLIENT DRP> 1,353,039 2.97% 5 ANNBROOK CAPITAL PTY LTD 1,008,180 2.22%
Slide 12: Board of Directors & Company Secretary
BOARD OF DIRECTORS & COMPANY SECRETARY Jonathan Murray Greta Purich Thomas Reddicliffe Mindy Ku Non-Executive Chairman Non-Executive Director Executive Director Company Secretary • Partner of corporate law firm Steinepreis • Curtin University (West Australian School • Bachelor of Science (Hons) Geol
Slide 13: Contact Details
CONTACT DETAILS Tom Reddicliffe Mindy Ku Executive Director Company Secretary +61 437 384 213 (M) +61 8 9322 3383 (T) Treddicliffe@errawarra.com (E) mku@corpbservices.com (E) www.errawarra.com
Slide 14: Errawarra | Compliance Statement
ERRAWARRA | COMPLIANCE STATEMENT The information in this document that relates to exploration results at the Andover West Project is based on information compiled by Thomas Reddicliffe, a Competent Person who is a Fellow of the AusIMM (211186). Thomas Reddicliffe is a consultant to and Director of E