Winsome Resources Limited · ASX:WR1
Winsome Resources — Investor Presentation (December 2021)
32 slides from Winsome Resources's investor presentation, December 2021
Slide 1: The Next Frontier for Lithium
THE NEXT FRONTIER FOR LITHIUM High quality spodumene concentrate, suitable for conversion for battery applications. INVESTOR PRESENTATION ASX:WR1 | December 2021
Slide 2: Important Information
Important Information This presentation has been prepared and issued by Winsome Resources Limited (the “Company") to inform interested parties about the Company and its progress. The material contained in this presentation sets out general background information on the Company and its activities. It
Slide 3: ASX Debut November 2021
ASX Debut 30 November 2021 ASX:WR1 | INVESTOR PRESENTATION 3
Slide 4: About Winsome: Corporate Summary
1. About Winsome CORPORATE SUMMARY • Listing on the ASX 30 November 2021 with three hard-rock lithium WINSOME RESOURCES LTD assets in James Bay region of Quebec, Canada Shares on issue 141.9M • The Company’s flagship Cancet project at advanced exploration Price (@30 Nov 21) A$0.26 stage with extensi
Slide 5: Global market trends and demand
2. Global market trends and demand Lithium on the US & Canadian critical mineral list – currently trends show that 7 - 9 times more lithium is needed by 2030 to meet global demand for battery manufacturing North America focusing on internal supply chains and downstream processing and to reduce relia
Slide 6: Lithium supply and demand
3. Lithium supply and demand Looming challenges exist to ramp-up battery manufacturing – World Economic Forum The battery value chain has significant social, Battery production has a significant Green House environmental and integrity issues - almost 99% of the Gas (GHG) footprint – Lithium chemical
Slide 7: Canada's critical minerals list 2021
4. Canada’s critical minerals list 2021 Manganese Magnesium Molybdenum LITHIUM Nickel Platinum group metals Indium Essential to Canada’s economic security Potash Helium Rare Earth Graphite elements Germanium Scandium Gallium TANTALUM Fluorspar Required for Canada’s transition to a Tellurium low-carb
Slide 8: Investment highlights
5. Investment highlights Canadian hard-rock lithium assets in Exceptional grades of Tantalum and Access to hydropower – cheapest Flagship Cancet project has had Northern Quebec – highly developed up to 3.7% Li20 with coarse grains and cleanest globally, while outstanding previous drilling mining ind
Slide 9: Portfolio overview
6. Portfolio overview In excess of 20,000 Ha of 100% owned exploration Cancet Exploration Target N tenements comprising of 3 project areas and a portfolio 15-25Mt @ 1-2%Li20 0 100km Adina of advanced exploration stage Lithium assets in the James Bay region of Quebec, Canada Eleonore Gold Mine Cancet
Slide 10: Portfolio overview
6. Portfolio overview In excess of 20,000 Ha of 100% owned exploration Cancet Exploration Target N tenements comprising of 3 project areas and a portfolio 15-25Mt @ 1-2%Li20 0 100km Adina of advanced exploration stage Lithium assets in the James Bay region of Quebec, Canada Eleonore Gold Mine Cancet
Slide 11: Site Visit
7. Site Visit ASX:WR1 | INVESTOR PRESENTATION 11
Slide 12: Assay results
8. Assay results Ta2O From To Interv Li2O 5 DDH ID Comments (m) (m) al (m) (%) (ppm ) MTC17- 9.00 14.08 5.08 2.63 298 4.89% Li2O assay high 002 MTC17- 4.02 5.00 0.94 1.78 140 009 MTC17- 4.00 8.00 4.00 1.09 65 010 Incl. 50.00 56.00 6.00 1.72 545 4.50% Li2O assay high MTC17- 1.00 4.00 3.00 2.93 130 01
Slide 13: Cancet lithium project
9. Cancet lithium project Cancet Exploration Target 15-25Mt @ 1-2%Li20 ASX:WR1 | INVESTOR PRESENTATION 13
Slide 14: Cancet lithium project
9. Cancet lithium project ASX:WR1 | INVESTOR PRESENTATION 14
Slide 15: Experienced team
11. Experienced team Chris Evans Dr Qingtao Zeng Justin Boylson Peter Youd Managing Director Director (Non-Executive) Chairman (Non-Executive) CFO & Company Secretary Mr Evans has a strong Lithium Mr Boylson is an experienced Peter is a senior finance Dr Zeng completed a PhD in background with close
Slide 16: Resource and exploration indicative timetable
12. Resource and exploration indicative timetable EXPLORATION DRILLING RESOURCE DEVELOPMENT Data Collation & Survey Field Work SCOPING STUDY JULY 2021 AUG 2021 SEPT 2021 OCT 2021 NOV 2021 DEC 2021 H1 2022 H2 2022 H1 2023 ASX:WR1 | INVESTOR PRESENTATION 16
Slide 17: Peer Comparison
13. Peer Comparison Winsome Green Technology Snowlake Parameter Global Lithium Moblan Lithium Resources Metals Lithium Location Quebec Ontario Western AUS Manitoba Quebec Project James Bay Seymore Lake Marble Bar Thompson B James Bay Development Pre Resource Drilling Drilling Drilling Drilling Stage
Slide 18: Investment summary
13. Investment summary Hard rock asset North American opportunity Demand deficit Timing, location and commodity - Quebec rated in top 5 jurisdictions Adoption of EVs around the globe coming out of bottom of Lithium for mining by Fraser Institute and means Lithium and Tantalum are cycle – ideal time
Slide 19: ASX:WR1 Perth Office contact
ie Resources ASX:WRI PERTH OFFICE Unit 34, Level 5, 123B Colin Street West Perth WA 6005 Chris Evans M +61 419 853 904 E cevans@winsomeresources.com.au
Slide 20: Appendices
nN bal C 2008058816
Slide 21: About Lithium Royalty Corporation (LRC)
About Lithium Royalty Corporation (LRC) LRC overview • Dedicated Battery Minerals Investor • Recent Moblan deal with Sayona • Recently raised USD $70M, backed by Riverstone Holdings LLC • Winsome Strategic Investment: • A$6.65M for 3-4% Royalty • A$3M into IPO • Board and North American Strategic Su
Slide 22: Cancet lithium project
Cancet lithium project Geological Modelling Plan Looking NE Looking North ASX:WR1 | INVESTOR PRESENTATION 22
Slide 23: Cancet lithium project: Geological Modelling
Cancet lithium project Geological Modelling ASX:WR1 | INVESTOR PRESENTATION 23
Slide 24: Cancet lithium project: Geological Modelling Section
Cancet lithium project Geological Modelling Section 5 ASX:WR1 | INVESTOR PRESENTATION 24
Slide 25: Cancet lithium project: Geological Modelling Section
Cancet lithium project Geological Modelling Section 10 ASX:WR1 | INVESTOR PRESENTATION 25
Slide 26: Further exploration potential
Further exploration potential Cancet • Total Strike approximately 6km • Secondary staked areas hosted in Gneiss, with outcrop exposed at surface • Remote sensing as well as Magnetic Survey identify multiple new target areas ASX:WR1 | INVESTOR PRESENTATION 26
Slide 27: Outstanding metallurgy
Outstanding metallurgy Metallurgical testing demonstrates battery grade spodumene concentrate could be produced using simple low cost DMS gravity separation Drill Core Metallurgy • Metallurgical test work on 100kg composite drill core sample confirms high grade spodumene in the pegmatite ore body at
Slide 28: Quality metallurgy
Quality metallurgy Cancet HLS beneficiation on -10+1mm composite drill core sample ASX:WR1 | INVESTOR PRESENTATION 28
Slide 29: Adina lithium project
Adina lithium project Adina • 60km south of the Mirage Lodge, James Bay Area, Quebec • Outcropping pegmatites • Mapped in 2016, drilled 2018 • Li2O grades of 1.58%, 1.67%, 2.43%, 1.79%, 3.12% and 2.08% from surface • Co-development opportunity with Cancet ASX:WR1 | INVESTOR PRESENTATION 29
Slide 30: Successful maiden drilling
Successful maiden drilling Adina • 2km potential strike indicated by pegmatite ridge • 10 holes covering 1,726 m was completed during the winter of 2018 • Returned several well- mineralised albeit narrow intervals of mineralisation • Additional field prospecting and mapping is warranted for Adina as
Slide 31: Confirmed prospectivity
Confirmed prospectivity Adina AD18-001: 3.2m @ 1.45% Li2O from 95.89m to 99.09m AD18-002 3.89m @ 1.40% Li2O from 8.78m to 12.67m AD18-003 0.92m @ 1.85% Li2O from 87.06m to 87.98m; and 4.42m @ 1.42% Li2O from 92.80m to 97.22m AD18-004 3.37m @ 1.32% Li2O from 40.63m to 44.00m AD18-005 8.02m @ 1.27% Li
Slide 32: Sirmac-Clapier lithium project
Sirmac-Clapier lithium project Sirmac-Clapier • 67 claims for 3,400 ha • Outcropping high-grade lithium hosted in spodumene- bearing pegmatites • Located less than 3km from an existing high grade deposit grading 2.04% Li2O owned by Vision Lithium Inc. (TSX.V: VLI) • Road and power infrastructure tra
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