Kuniko Ltd. · ASX:KNI
Kuniko — Shareholder Meeting (May 2022)
28 slides from Kuniko's shareholder meeting presentation, May 31, 2022
Slide 1: Annual General Meeting 31 May 2022
For personal use only Annual General Meeting 31 May 2022 ASX: KNI
Slide 2: Disclaimer
Disclaimer For personal use only The information contained in this presentation has been prepared by Kuniko Limited (ASX:KNI). This presentation is not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securities in KNI. This pre
Slide 3: Kuniko – At a Glance
Kuniko – At a Glance For personal use only Kuniko Limited (ASX: “KNI”) is focused on the development of copper, nickel, cobalt and technology metals projects in Scandinavia, with a strict mandate to maintain net Nord-Helgeland zero carbon footprint throughout exploration, development and production.
Slide 4: Battery Metals – Global Challenges
Battery Metals – Global Challenges For personal use only DE-GLOBALISATION: ▪ Surging demand for energy materials, triggered from COVID-19 GEOPOLITICAL TENSIONS ▪ …and the need for ENERGY SECURITY is accelerating this trend. >500 GWH BATTERY MANUFACTURING CAPACITY ▪ …in Europe by 2030 to supply elect
Slide 5: EU & Norway – Responding to the Challenge
EU & Norway – Responding to the Challenge For personal use only Technology sovereignty: 1 EU will be world’s ‘second biggest battery producer by 2024’ 1 Norwegian Minister of Trade and Industry (Apr’22): 2 "New mineral strategy: The target is that Norway shall develop the world´s most sustainable mi
Slide 6: Market Fundamentals
Market Fundamentals For personal use only Ni Global Nickel Market Balance (kt) Co Global Cobalt Market Balance (%) Source: Wood Mackenzie Cu Copper content by vehicle type Source: Reuters Source: Wood Mackenzie 9.5% ICE 22K g 3.2% 100 2020 2025 2030 2020 2025 2030 HEV 40Kg 825 EV 83Kg 2,000 27.7% Gl
Slide 7: Kuniko Projects
Kuniko Projects For personal use only Nord-Helgeland SKUTERUD COBALT PROJECT ▪ Skuterud has had over 1 million tonnes of cobalt ore mined historically and was the world’s largest cobalt producer in its time. ▪ Kuniko’s geophysics and geochemical exploration in 2021 identified multiple anomalies ▪ Ma
Slide 8: Skuterud Cobalt Project
Co Skuterud Cobalt Project The historical home of cobalt production For personal use only Exploration Licenses – Skuterud Project ▪ Skuterud: Over 1 million tonnes of cobalt ore mined* from 1773-1898 ▪ Formerly the world’s largest cobalt producer and Norway’s largest company at the time ▪ The Skuter
Slide 9: Skuterud Cobalt Project – Maiden drilling campaign
Co Skuterud Cobalt Project Maiden 7-hole drilling campaign commenced 2nd May’22; ~ For personal use only 2,800 meters of diamond drilling anticipated over 3 highly prospective targets. ▪ Two targets are within the ore trend where Skuterud Drill Collar Locations historic mining has occurred. ▪ Integr
Slide 10: Skuterud Cobalt Project – Geochemical sampling
Co Skuterud Cobalt Project Geochemical sampling For personal use only ▪ High density soil and rock sampling around the Fahlband zone has been completed in Skuterud Soil Sampling Grids May’22*. ▪ 1,017 soil and rock samples collected along a 50m x 100m grid ▪ A lower density sampling campaign has com
Slide 11: Ringerike Battery Metals Project
Cu Ni Co Ringerike Battery Metals Project Prospective for mineralisation of battery metals For personal use only Exploration Licenses – Ringerike Project ▪ Ringerike: contains the historic Ertelien Mine, prospective for nickel, copper, cobalt and platinum group elements. ▪ Ertelien historic producti
Slide 12: Ringerike – Geochemical sampling & reconnaissance
Cu Ni Co Ringerike Battery Metals Project Geochemical sampling & reconnaissance For personal use only ▪ A stream sediment sampling program is near complete with the Ringerike Stream Sediment Sampling objective of assessing the prospectivity of all license blocks. ▪ In May’22 a reconnaissance visit t
Slide 13: Ringerike – Evaluation of Ertelien Mine
Cu Ni Co Ringerike Battery Metals Project Evaluation of Ertelien Mine For personal use only ▪ Significant inventory of historical drill core for the Ertelien deposit is available and accessible at Norway’s core storage facilities. ▪ A program to review the Erterlien drill core inventory has commence
Slide 14: Undal-Nyberget Copper Project
Cu Undal-Nyberget Copper Project For personal use only High grades, rich history of production Exploration Licenses – Undal-Nyberget Brownfield Copper Projects located in a region of Norway prolific for historic copper production Undal ▪ Long history of underground production between 1668 - 1971 ▪ H
Slide 15: Undal-Nyberget – Geochemical sampling & reconnaissance
Cu Undal-Nyberget Copper Project Geochemical sampling & reconnaissance For personal use only ▪ In May’22 reconnaissance was undertaken Rusty brown weathering of pyrite, Massive, impregnated sulphides (pyrite, chalcopyrite, on the two Nyberget exploration licenses, chalcopyrite and pyrrhotite at the
Slide 16: Feøy Nickel Project
Ni Feøy Nickel Project For personal use only High grade, historical nickel production Exploration Licenses – Feøy Project Potential to define “brownfields”, high grade nickel-copper deposits suitable for low impact extraction ▪ Feøy Project: historical Ni-Cu mining Historic Vigsnes Copper Mine distr
Slide 17: Nord-Helgeland Project
Nord-Helgeland Project For personal use only Strategic expansion into underexplored pegmatite field, prospective for battery and technology metals * Exploration Licenses – Nord-Helgeland Project ▪ Largely unexplored though known to contain identified Lithium- Cesium-Tantalum (“LCT”) pegmatites and a
Slide 18: Nord-Helgeland – 2022 Exploration Activity
Nord-Helgeland Project For personal use only 2022 Exploration Activity Bjerangsdalskardet (BDT) pegmatite field with examples of a ▪ Initial field reconnaissance completed in Oct’21 concluded the 6-8 meter wide pegmatite dyke (BDT-8). project is prospective for pegmatites and exploration in the area
Slide 19: Highlights & Overview of Exploration Activities
Highlights & Overview of Exploration Activities For personal use only 2021 2022 Q3 Q4 Q1 Q2 Q3 Q4 ✓ Kuniko Launched ✓ Initial Exploration ✓ Cobalt Drill Targets ✓ Downhole Geophysics confirms anomalies at Cobalt Project Results ✓ Exploration activity ✓ Project Priotisation ✓ Re-logging drill core fr
Slide 20: Corporate Snapshot
Corporate Snapshot For personal use only Shares on issue and market capitalisation Top shareholders Shares on issue (ASX: KNI) 64.16M Vulcan Energy Resources Limited 21.43% Share Price A$1.00 Entities associated with Gavin Rezos 6.09% Market cap (undiluted) A$64.16M Other securities Options on issue
Slide 21: Kuniko Team
Kuniko Team For personal use only Gavin Rezos Antony Beckmand Brendan Borg Maja Mcguire Birgit Liodden Trond Brendan-Veisal Chairman CEO Non-Executive Director Non-Executive Director Non-Executive Director Exploration Manager ▪ Executive Chair/CEO ▪ Over 25 years’ experience ▪ Consultant geologist ▪
Slide 22: Kuniko Opportunity
Kuniko Opportunity For personal use only Attractive Portfolio of Scandinavian Battery Metals Projects Exposure to bullish long Low risk jurisdiction with Multiple brownfield term commodity outlook strong regulatory projects with historic for high value battery framework and rich production minerals
Slide 23: Kuniko Zero Carbon Battery Metals
KUMNIKO ZERO CARBON BATTERY METALS™ ia
Slide 24: Appendix 1: Exploration Licenses
Appendix 1: Exploration Licenses Granted by the Norwegian Directorate of Mining with the Commissioner of Mines at Svalbard For personal use only Exploration License Registration Number Holder Status Date Granted Area (km2) Undal 101 1059/2018 Kuniko Norge AS Granted 05-Jul-2018 10.00 Undal 102 1058/
Slide 25: Appendix 1: Exploration Licenses
Appendix 1: Exploration Licenses Granted by the Norwegian Directorate of Mining with the Commissioner of Mines at Svalbard For personal use only Exploration License Registration Number Holder Status Date Granted Area (km2) Glomfjord 1 0461/2021 Kuniko Norge AS Granted 28-Sep-2021 6.00 Glomfjord 2 04
Slide 26: Appendix 1: Exploration Licenses
Appendix 1: Exploration Licenses Granted by the Norwegian Directorate of Mining with the Commissioner of Mines at Svalbard For personal use only Exploration License Registration Number Holder Status Date Granted Area (km2) Ringerike 1 0435/2021 Kuniko Norge AS Granted 24-Sep-2021 10.02 Ringerike 2 0
Slide 27: Appendix 2: References
Appendix 2: References For personal use only Slide Reference Source Slide 6 Cobalt – Battery Market Share (%) Wood Mackenzie - Is recycling really the answer to accelerating the energy transition? 2021 Slide 6 Global Cobalt Market Balance (%) Wood Mackenzie H2 2020 Slide 6 Cobalt Supply Global Energ
Slide 28: Kuniko Zero Carbon Battery Metals
KUMNIKO ZERO CARBON BATTERY METALS™ ia