Viridis Mining And Minerals Limited · ASX:VMM
Viridis Mining And Minerals — Investor Presentation (February 2024)
23 slides from Viridis Mining And Minerals's investor presentation, Feb 2, 2024
Slide 1: Colossus Ionic Clay Project
COLOSSUS IONIC For personal use only CLAY PROJECT Unlocking a new frontier of Rare Earths in the Poços De Caldas Alkaline Complex Company Presentation February 2024
Slide 2: Important Information and Disclaimer
IMPORTANT INFORMATION AND DISCLAIMER This document is confidential and may not be reproduced, redistributed or passed on, directly or indirectly. For personal use only This document has been prepared by Viridis Mining & Minerals Ltd (the Company, VMM, Viridis Mining and Minerals). This document is n
Slide 3: Corporate Summary
CORPORATE SUMMARY For personal use only CAPITALISATION CAPITALISATION DATA DATA(1) CONTACT Current shares on Issue 49.1 million Rafael Moreno Carly Terzanidis Share Price1 $1.14 Chief Executive Officer Company Secretary Market Capitalisation (MC) $55.97 Million rafaelm@viridismining.com.au cosec@vir
Slide 4: Board and Management
BOARD AND MANAGEMENT For personal use only Australian Board Mr Rafael Mr Agha Shahzad Mr Timothy Mr Faheem Mr Christopher Moreno Pervez Harrison Ahmed Gerteisen Chief Executive Officer Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director Mr Moreno is a Chartered Pr
Slide 5: Rare Earths Market
For personal use only RARE EARTHS MARKET Developing a new supply chain of Critical Metals
Slide 6: Ionic Clays: A Disruptive Rare Earth Opportunity
IONIC CLAYS | A DISRUPTIVE RARE EARTH OPPORTUNITY For personal use only IONIC CLAYS HARD ROCK • Clay hosted soft material requiring no blasting • Requirement of blasting MINING & • Mineralisation occurs at surface • Mineralisation can occur at depth requiring large amounts of stripping EXPLORATION •
Slide 7: Rare Earths: Race to Develop Western Supply Chain
RARE EARTHS | RACE TO DEVELOP WESTERN SUPPLY CHAIN Poços De Caldas Alkaline Complex presents an opportunity For personal use only Source: N.LePan, to be the next South China Rare Earth Hub Visual Capitalist, 2021 “Significant investment by governments in the US, the EU and Australia is now going int
Slide 8: Rare Earths: Technology Metal for a Green Future
RARE EARTHS | TECHNOLOGY METAL FOR A GREEN FUTURE EACH HYBRID VEHICLE USES For personal use only 4.5KG OF REE ON AVERAGE FORECAST NdFeB MAGNET CONSUMPTION UV Glass: Cerium Glass Polishing Powder: Cerium Fuel Additive: LCD Display: Europium, Cerium, Yttrium, Cerium Lanthanum Exponential demand growth
Slide 9: Poços De Caldas Alkaline Complex
For personal use only Poços De Caldas Alkaline Complex Unlocking the true geological potential of the Colossus Project
Slide 10: Colossus: Ideal Location
COLOSSUS | IDEAL LOCATION For personal use only Poços De Caldas Largest Alkaline Complex in Southern Hemisphere ▪ Located on the southern border of Minas Gerais (‘Mining State’), Brazil – A Tier 1 Mining Jurisdiction ▪ Local community is supportive of mining operations with numerous bauxite, alumina
Slide 11: Colossus: Strategic Land Position
COLOSSUS | STRATEGIC LAND POSITION Strategic Importance of Land Position For personal use only ▪ Proven IAC REE geology in the Poços De Caldas (“PDC”) Alkaline Complex. ▪ Viridis secured a rare opportunity for a large consolidation of areas to develop a substantial Rare Earth Operation in PDC. ▪ Rem
Slide 12: Colossus Project
For personal use only COLOSSUS PROJECT Progressing from Grassroots Exploration to Development
Slide 13: Colossus: Committed to Exploration
COLOSSUS | COMMITTED TO EXPLORATION Colossus Drilling For personal use only ▪ Within the space of 6 months, Viridis has gone from a greenfield acquisition to delineating numerous areas >5,000ppm TREO within its Mining Licenses2 ▪ Exploration fleet doubled to have 7-rigs running simultaneously throug
Slide 14: Northern Concessions: Mining License
NORTHERN CONCESSIONS | MINING LICENSE FAZENDA (FZ) & CAMINHO DAS PEDRAS For personal use only (CDP) MINGING LICENSES ▪ Mining Licenses granted in 1960s with a rich 60 year history of mining operations on these concessions for clays and bauxite. ▪ Located adjacent to existing Alcoa mining and process
Slide 15: Northern Concessions: A New Frontier
NORTHERN CONCESSIONS | A NEW FRONTIER For personal use only FAZENDA: Heavy Rare Earth Potential 600 400 200 0 5,000 10,000 15,000 20,000 25,000 ppm ppm Dy2O3 Tb4O7 TREO Uncovered1 5 ▪ FZ-RC-029 returned 5.5m at 14,896ppm TREO within 18.5m at 6,253ppm TREO from 1m. ✓ Including 23,556ppm TREO: 7,407pp
Slide 16: Cupim South: Homogenous & High Grade
CUPIM SOUTH | HOMOGENOUS & HIGH GRADE For personal use only Exploration Highlights ▪ Homogenous and high-grade mineralisation identified throughout Cupim South1: • CS-DDH-001: 14.0m at 6,177ppm TREO within 24.0m at 4,573ppm TREO from 0m • CS-DDH-003: 46.0m at 3,285ppm TREO within 65.0m at 2,799ppm T
Slide 17: Western Concessions: New Discoveries
WESTERN CONCESSIONS | NEW DISCOVERIES Discoveries continue to happen within untested concessions across For personal use only Colossus which is a testament of the homogenous mineralisation present across the complex. Capão da Onça – Discovered Jan 20241,2: • Underlying bedrock of Tinguaite Breccia a
Slide 18: Flow Diagram Development: ANSTO & Engineering Contractor
FLOW DIAGRAM DEVELOPMENT | ANSTO & ENGINEERING CONTRACTOR PILOT PLANT TESTING For personal use only CLAY MINING ION EXCHANGE PROCESSING - ANSTO ION IMPURITY PRECIPITATION EXCHANGE REMOVAL TANK CLAY BACKFILL & REVEGETATION REE Carbonate Water Product NANOFILTRATION AND REVERSE OSMOSIS CLAY WASHING
Slide 19: Colossus: A True Ionic Clay REE Project
COLOSSUS | A TRUE IONIC CLAY REE PROJECT The Ionic Advantage For personal use only Ionic Clay1 “REE in Clay” Hard Rock ▪ Despite lower grades & recoveries of Ionic Clay Rare Earths, the extraction of Ionic Clays is multi-folds Ammonia Sulfate HCL, Nitric Acid, Sulfuric HCL, Nitric Acid, Sulfuric che
Slide 20: Investment Highlights
For personal use only INVESTMENT HIGHLIGHTS Right asset, right location with a fast-moving team
Slide 21: Anticipated Project Milestones & Work Program
ANTICIPATED PROJECT MILESTONES & WORK PROGRAM For personal use only 2024 Q1 Q2 Q3 Q4 Project Activities Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Phase I & II Drilling Program Wide-Scale Metallurgical Testing Environmental Licenses Maiden JORC Resource Estimate Scoping Study Acquiring Additio
Slide 22: Investment Highlights
INVESTMENT HIGHLIGHTS • Poços De Caldas is unparalleled in terms of • Preliminary met-work from multiple grab samples of geology, for both size & grade of Ionic Rare Earths. Saprolite returned Ionic Mineralisation. For personal use only • Alkaline Complex homogenously enriched in Rare • Samples unde
Slide 23: Thank You
For personal use only THANK YOU Further Enquiries: Rafael Moreno Chief Executive Officer +61 3 9071 1847 rafaelm@viridismining.com.au Carly Terzanidis Company Secretaries +61 3 9071 1847 cosec@viridismining.com.au
Viridis Mining and Minerals — Investor Presentation (February 2024) on 6ix