Venari Minerals Nl · ASX:VMS
Venari Minerals Nl — Astute Metals NL — Resources Rising Stars Summer Series 2024
19 slides from Venari Minerals Nl's conference presentation, Feb 1, 2024
Slide 1: Resources Rising Stars Summer Series Investor Presentation announcement
1 February 2024 INVESTOR PRESENTATION RESOURCES RISING STARS SUMMER SERIES Astute Metals NL (ASX: ASE, “Astute” or “the Company”) is pleased to provide a corporate presentation that will be delivered by its Director, Matthew Healy, at the Resources Rising Stars Investor conference, to be held in Bri
Slide 2: A Critical Metals Opportunity
For personal use only A Critical metals opportunity Investor Presentation February 2024 ASX: ASE
Slide 3: Disclaimer and Forward-Looking Statement
DISCLAIMER AND FORWARD-LOOKING STATEMENT IMPORTANT NOTICE & DISCLAIMER The purpose of this presentation is to provide background information to assist readers in obtaining a general understanding of Astute Metals NL (‘Astute’ or ‘the Company’) and its objectives. Readers should make their own indepe
Slide 4: An Astute Investment
AN ASTUTE INVESTMENT PRINCIPAL focus on lithium-Bearing clays (USA) • For personal use only Highly prospective lithium clay exploration projects in Nevada, USA • Large lithium-in-soil anomalies at recently staked Red Mountain and Cobre Projects • Active value-creation with maiden drilling campaign a
Slide 5: Board and Management
BOARD AND MANAGEMENT Tony Leibowitz Non-Executive Chairman Matt Healy Executive Director For personal use only Mr Leibowitz is a Fellow of the Institute of Chartered Mr Healy is a highly experienced geologist and Australian Accountants, Australia with over 30-years corporate finance, mining executiv
Slide 6: Corporate Overview
CORPORATE OVERVIEW Key Financials Share Price ASX: ASE Share Price (@ 29.01.2024) $0.033 For personal use only Shares on Issue 410,519,490 Options Nil Loan Funded Shares 18,235,000 Market Cap (@ 29.01.2024) $13.54 m Cash (@ 31.12.2023) $2.48 m Enterprise Value $11.06 m Debt (@ 29.01.2024) Nil Top 20
Slide 7: Why Lithium Clay?
WHY LITHIUM CLAY? For personal use only Battery Product Low Cost of Impact of Produced at Mine Production Large-scale Lithium clay projects such as Compared to hard-rock Large-scale continuous Thacker Pass1, Clayton Valley2 projects, Lithium clays are geology with long mine-life, and TLC Lithium2 wi
Slide 8: Mining Global Lithium Resources by Ore Type and Processing
Source: Modified after RFC Ambrian – Lithium Market Review August 2023 For personal use only Outcropping Claystone MINING GLOBAL LITHIUM RESOURCES BY ORE TYPE PROCESSING Several companies are exploring the extraction Generally, sedimentary lithium deposits are of lithium from sedimentary rocks and c
Slide 9: Lithium Clay – A Low Cost Pathway to a Battery Product
LITHIUM CLAY – A LOW COST PATHWAY TO A BATTERY PRODUCT For personal use only Pilgangoora Lithium Clay Projects Approx. current spot price Source: TSX.V: LI April 2023 - American Lithium Corporate Presentation 8
Slide 10: Lithium clay peers: resources and market caps
McDermitt Lithium (Oregon) Lithium Clays - 3.0Bt @ 1,340ppm Li / 21.5Mt LCE1 ASX: JLL Jindalee Lithium Market Cap: $59.9M AUD Scale Thacker Pass 1.45Bt @ 2,070ppm Li / 16.1Mt LCE2 For personal use only Large Mineral Resources NYSE: LAC Lithium Americas Market Cap: $876M USD / $1.31B AUD 360Mt5 to 5.
Slide 11: Nevada policy support and incentives
“Nevada.. has the opportunity to become to energy what Wall Street is to finance, or what Silicon Valley is to technology” For personal use only Nevada Governor Steve Sisolak 19 Jan 20217 Inflation Reduction Act (2022) Bipartisan Infrastructure Law World’s Premier Mining Destination • Critical Miner
Slide 12: Nevada (100%) Lithium Projects
NEVADA (100%) LITHIUM PROJECTS For personal use only Red Mountain: • Substantial 46km2 project area • Adjacent power and road infrastructure (US Route 6) • Prospective Horse Camp Formation host rocks • 8km long zone of lithium-in-soil anomalism • Rock chip samples up to 2,190ppm Li Maiden drill camp
Slide 13: Georgina IOCG Project Copper-Gold
GEORGINA IOCG PROJECT For personal use only COPPER-GOLD Location Work to Date Prime Target Between the historic copper- Leveraging substantial Gravity modelling has gold mining regions of Mount geoscience work completed revealed a high-density target Isa and Tennant Creek, ‘East by Geoscience Austra
Slide 14: Georgina IOCG (100%) Base Metals & Gold
GEORGINA IOCG (100%)* BASE METALS & GOLD For personal use only Location: • Between historic mining districts of Tennant Creek and Mount Isa • Ten granted tenements, three under application - 4,522km2 IOCG deposits an attractive exploration target: • Iron oxide copper gold (IOCG) deposits are large a
Slide 15: Governor Broome Heavy Mineral Sands
GOVERNOR BROOME For personal use only HEAVY MINERAL SANDS Location Mineralogy Performance In the Southwest WA Mineral High-value quality-of-life Conventional WCP methods Sands district, within trucking commodities zircon and produced heavy mineral distance to heavy mineral titanium minerals ilmenite
Slide 16: Governor Broome (100%) Mineral Sands
GOVERNOR BROOME (100%) MINERAL SANDS For personal use only Location: • 95km from Busselton by road in Southwest Mineral Sands district • 2x processing plants and deepwater port within 135km by sealed road • High-voltage 132kV transmission line passes through project Mineral Resources: • 176km2 tenem
Slide 17: An Astute Investment
AN ASTUTE INVESTMENT Strategic selection of Lithium Clay deposits as an attractive exploration target For personal use only • Maiden drilling campaign targeting high-grade surface lithium at Red Mountain, NV - March 2024 World-class copper-gold potential in new NT exploration frontier • Drill testin
Slide 18: Footnotes and Competent Person Statements
Footnotes and Previous Announcements Competent Person Statements 1. ASX: JRL November 2023 Annual General Meeting 2023 Presentation The information in this report that relates to Nevada Lithium Exploration is in-part based 2. NYSE: LAC 2 November 2022 Feasibility Study NI 43-101 Technical Report for
Slide 19: Contacts
For personal use only Contacts Tony Leibowitz Matt Healy Nicholas Read Non-Executive Chairman Executive Director Media & Investor Relations tleibowitz@astutemetals.com mhealy@astutemetals.com nicholas@readcorporate.com.au +61 (0) 410 687 910 +61 (0) 431 683 952 +61 (0) 419 929 046
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