Resolution Minerals Ltd. · ASX:RML

Resolution Minerals — Technical Presentation (July 2024)

22 slides from Resolution Minerals's technical presentation, Jul 3, 2024

  1. Slide 1: George Project Potential Highlights

    3 July 2024 GEORGE PROJECT POTENTIAL HIGHLIGHTS • Independent review of Resolution’s George Project, in South Australia, concludes that the Project is highly prospective for palaeo-valley hosted uranium mineralisation. • The George Project is prospective for Honeymoon (Frome Embayment, Callabonna Su

  2. Slide 2: The Uranium Potential of Resolution Minerals' George Project

    The Uranium Potential of Resolution Minerals’ George Project For personal use only The potential exists for palaeo-valley hosted uranium mineralisation at Resolution Minerals Ltd George Project (100% owned) The Uranium Exploration Model for the George Project is Frome Embayment-Mulga Rock style uran

  3. Slide 3: Tenement Holding of the George Project

    Tenement Holding of the George Project EL6905 • Ownership: Curie Resources Pty Ltd (100%) EL6905 EL6838 For personal use only • Grant Date: 13 Feb 2023 • Expiry Date: 12 Feb 2029 (valid for 56 further months) • Area: 770sqkm EL6838 • Ownership: Curie Resources Pty Ltd (100%) • Grant Date: 21 Sep 202

  4. Slide 4: Tenement Holding of the George Project

    Tenement Holding of the 25km George Project For personal use only ➢ Total combined area of 3,609sqkm ➢ Excellent access to and through the project area ➢ Native Title Agreement obtained A large landholding is a significant advantage when applying a regional exploration model to an under-explored are

  5. Slide 5: A Regional Perspective of George Project

    Tirari Sub-basin of Eyre Basin A Regional Perspective of the George Project George Project ➢ The George Project is located For personal use only in the Tirari Sub-basin of the Area with “hot” basement rocks, Eyre Basin including known hard rock U occurrences, which includes ➢ Tirari Sub-basin, like

  6. Slide 6: Significant Uranium Mineralisation Known at George Project

    Significant Uranium Mineralisation known at the George Project For personal use only ➢ 14 historic rockchip samples (Regalpoint 2009) return highly uranium and vanadium ➢ 7 (50%) returned > 100ppm U ➢ Peak result 215ppm U ➢ With coincident anomalous V ➢ Carnotite recorded in surface samples (not sam

  7. Slide 7: Multiple Known Uranium Occurrences in the Area

    Multiple known Uranium 25km George Project U occurrence Occurrences in the Area U ➢ There are 12 known uranium George Project U occurrence For personal use only occurrences across a large area U northwest of the Mount Painter Inlier Red Banks U occurrence SST (Eyre Formation) ➢ The Frome Embayment (

  8. Slide 8: George Project is down slope from hot basement rocks

    George Project is “down slope” from hot basement rocks to the SW and SE ➢ The George Project is For personal use only geographically “down slope” from the neighbouring “hot” basement areas ➢ This is reflected in the distribution of uranium as seen in the regional radiometrics (shedding NE and NW fro

  9. Slide 9: George Project hosts Eromanga and Eyre Basin Sediments

    George Project hosts Eromanga and Eyre 25km Quaternary sediments Basin Sediments Sediments shed mainly in a S to N For personal use only direction U Eromanga Basin Cretaceous Manuka Sub-group (sst, slt, cl, coal) U Eocene-Pleistocene palaeo- Eromanga Basin Cretaceous Oodnadatta valley/lake deposits

  10. Slide 10: Palaeo-valley Uranium Exploration Model for George Project

    Palaeo-valley Uranium Exploration Model for the George Project ➢ Source of U: Local “hot” basement rocks (Mount Painter and other granites) For personal use only ➢ Transportation: Palaeo-valleys ➢ Carriers of U: Reductants such as lignite and carbonaceous matter ➢ Host units: Eromanga and Eyre Basin

  11. Slide 11: South Australian Analogues for George Project Uranium Mineralisation

    South Australian Analogues for George Project Uranium Mineralisation ➢ Palaeo-valley hosted [distal roll-front/tabular] uranium deposits: ➢ Honeymoon: 71.6Mt @ 620ppm U3O8 (ref: Koba Resources presentation 04.2024) ➢ Gould’s Dam: 17.7Mt @ 480ppm U3O8 (ref: Boss Energy announcement 16.08.2023) For pe

  12. Slide 12: Kazakhstan Analogue for George Project Uranium Mineralisation

    Kazakhstan Analogue for George Project Uranium Mineralisation ➢ Chu-Saryssu U Province ➢ Syr-Darya Uranium Province ➢ Kazatomprom produces 22% of global uranium (26 deposits – using 100% ISR methods) For personal use only Total Mineral Resources (as at 2023) = 929.4Mt @ The Palaeo-valley Frome Embay

  13. Slide 13: Proposed Regional Geochronology – Repeating Uranium-Sediment Cycles

    Proposed Regional Geochronology – A case of repeating Uranium- Sediment Cycles ➢ Emplacement of “hot” uraniferous basement rocks ➢ Erosion of “hot” uraniferous basement rocks and uranium-bearing sediments during the Palaeozoic For personal use only ➢ Erosion of “hot” uraniferous basement rocks and u

  14. Slide 14: The importance of sedimentary-hosted uranium in Australia

    The importance of sedimentary- hosted uranium in Australia For personal use only Extracts from R. Penny 2012, Australian sandstone-hosted uranium deposits Tertiary palaeo-channels host the greatest number of deposits and include the largest and highest-grade deposits. The Callabonna Sub-basin in Sou

  15. Slide 15: South Australia is the premier uranium jurisdiction of Australia

    South Australia is the premier uranium jurisdiction of Australia If you want to explore, develop and mine uranium in Australia – it ought to be in South Australia. For personal use only Extract from Government of South Australia Energy and Mining website. Extract from Government of South Australia E

  16. Slide 16: ASX-listed Alligator Energy activate their Big Lake Project

    ASX-listed Alligator Energy (AGE) activate their Big Lake Project Located 70km east of the George Project 75km Alligator own 100% of the Big Lake For personal use only Project and targeting the discovery of Australia’s next ISR uranium field. Lake Eyre Basin Big Lake Project George Project Limit of

  17. Slide 17: Alligator Big Lake targeting sequences

    Bow U occurrence Big Lake U occurrence SST (Eyre Formation) SST (Namba Formation) U For personal use only U Modified from Alligator Energy ASX announcement 17 May 2024 Alligator is targeting the late Cretaceous Modified from Alligator Energy Eromanga Basin Winton Formation and younger ASX announceme

  18. Slide 18: Deposit types conducive to In Situ Recovery (ISR) production

    The uranium deposit types targeted at George Project are conducive to In Situ Recovery (ISR) production ➢ Tertiary palaeo-valley For personal use only uranium deposits are conducive to In Situ Recovery (ISR) methods (Beverley and Honeymoon) ➢ ISR deposits can be highly economic ➢ ISR deposits tend t

  19. Slide 19: Past non-RML Drilling at George Project

    Past non-RML Drilling at the George Project Adavale Res D-7 (38m) For personal use only Adavale Res D-6 (35m) Adavale Res D-5 (26m) Low levels of uranium in shallow Adavale Res D-5 (52m) undifferentiated Tertiary sediments (drilled to Cretaceous contact) This drilling did not adequately Adavale Res

  20. Slide 20: Recommended Next Steps at George Project

    Recommended Next Steps at the George Project For personal use only The principal uranium targets at the George Project are Late Cretaceous to Paleogene-Neogene aged palaeo-valleys ➢ Search online databases for the existence of possible AEM surveys that cover the George Project area – acquire same if

  21. Slide 21: The Uranium Potential of Resolution Minerals' George Project: Key Takeaways

    The Uranium Potential of Resolution Minerals’ George Project Key Takeaways: For personal use only ➢ Large Project area (granted and in good standing) ➢ Known uranium associated with broad U- radiometric areas ➢ Regionally “down slope” and adjacent to one of the “hottest” uranium basement areas in th

  22. Slide 22: The Silica Sand Potential of Resolution Minerals' George Project

    The Silica Sand Potential of Resolution Minerals’ George Project For personal use only Extract from Government of South Australia Primary Industries and Resources SA open file report online platform SARIG. Extracts from Open File Envelope No. 11,903 21

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