Recharge Metals Limited · ASX:REC
Recharge Metals — Investor Presentation (March 2024)
13 slides from Recharge Metals's investor presentation, Mar 27, 2024
Slide 1: Acquisition of Newnham Lake Uranium Project
For personal use only Acquisition of Newnham Lake Uranium Project Athabasca Basin, Saskatchewan, Canada ASX:REC March 2024 Investor Presentation
Slide 2: Disclaimer
Disclaimer Nature of document: This presentation has been prepared and issued by Recharge Metals Limited perform your own analysis of the Company before making any investment decision. For personal use only (Recharge or the Company) to provide general information about the Company. The information i
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only Capital Structure (as at 18/03/2024) ASX Code REC Ordinary Shares on Issue 139,189,967 Unlisted Options and Performance Rights 48,799,500 Market Cap $8.63M Cash $1.23M (Dec 31 2023) Felicity Repacholi Simon Andrew Capital raise (net costs) $1.36M Managing Dir
Slide 4: Investment Summary
Investment Summary For personal use only U & Li Canadian Project Project pipeline being Fully funded to portfolio includes supplied by major undertake concurrent Newnham Lake Uranium shareholder and exploration programs Project in the Athabasca in-country partner in Athabasca and Basin, Saskatchewan
Slide 5: Athabasca Basin, Saskatchewan, Canada
Athabasca Basin, Saskatchewan, Canada Largest and highest-grade uranium deposits For personal use only 15% of the world’s supply, 60 years of uranium mining history Over 900MM lbs U3O8 produced Major uranium mines, infrastructure and expertise Average grade is ~ 2% U3O8 Saskatchewan ranked 2nd in th
Slide 6: Athabasca Basin: The right address
Athabasca Basin The right address For personal use only Resource Size Resource Grade Deposit (U3O8 Mlbs) (%) McArthur River 674.9 16.99 Cigar Lake 349.3 15.65 Arrow 306.1 4.62 Eagle Point 275.3 0.91 Key Lake 182.3 3.07 Triple R 135.1 1.80 Millenium 104.8 3.76 Shea Creak 95.9 1.47 Phoenix 70.9 19.23
Slide 7: Newnham Lake Project, Athabasca Basin, Saskatchewan, Canada
Newnham Lake Uranium Project, Athabasca Basin, Saskatchewan, Canada For personal use only • One mineral claim covering 15.84 km2 about 75km from Stony Rapids • 56km NW from IsoEnergy’s Hurricane Deposit, which contains 48.6 Mlbs of U3O8 at an average grade of 34.5% • Shallow drilling in the 1970s te
Slide 8: Newnham Lake Project: Comparison to Arrow Deposit
Newnham Lake Uranium Project, Comparison to Arrow Deposit For personal use only Arrow Deposit Resistivity anomaly (yellow) Resistivity anomaly • Property sits along a strong east-west trending conductivity zone which is coincident with a zone of low resistivity • Conductor has been the focus of shal
Slide 9: Newnham Lake Project: Resistivity Low – Arrow Deposit Analogue
Newnham Lake Uranium Project, Resistivity Low – Arrow Deposit Analogue For personal use only 9 Refer to REC ASX Announcement released 4 March 2024 for exploration results
Slide 10: Newnham Lake Project: Only two deep holes drilled to date
Newnham Lake Uranium Project, Only two deep holes drilled to date For personal use only • ALX Uranium Corp (2018) • Two deeper holes designed to target conductive structures below the shallow, Athabascan sediments Drillhole NL18-002 • Encountered fault zone, strongly hematised zone in basement rocks
Slide 11: Indicative Forward Work Program
Indicative Forward Work Program For personal use only Mid-March Acquisition Lake Q1 Newnham Q2 Q3 On Uranium Q4 2024 2024 2024 2024 going Project Lake Newnham - Data Compilation Drill Permitting Ground Gravity Survey Drilling – Canadian Summer LITHIUM - Express & Wapistan field programs Ongoing Targ
Slide 12: Highlights
Highlights For personal use only 92 U Value accretive addition of Addition of uranium to Canada is a Tier 1 a very high-quality portfolio is synergistic and jurisdiction with strong uranium project in truly has scope to drive government support for world class setting significant value mining Explor
Slide 13: Thank you
For personal use only Thank you For more information Felicity Repacholi Alex Cowie Managing Director Media & Investor Relations felicity@rechargemetals.com.au alexc@nwrcommunications.com.au