Accelerate Resources Ltd. · ASX:AX8
Accelerate Resources — RIU Explorers Conference 2023
20 slides from Accelerate Resources's conference presentation, Feb 16, 2023
Slide 1: Emerging High-Grade Manganese Producer
For personal use only Emerging High-Grade Manganese Producer Future Steel and Battery Industry Supplier February 2023 – Investor Presentation: RIU Explorers Conference Accelerate Resources Limited | ASX:AX8 | Investor Presentation February 2023 1
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only This presentation has been prepared by Accelerate Resources Limited (Accelerate or the Company). It contains No representation or warranty, express or implied, is made in relation to the fairness, accuracy or completeness general information abou
Slide 3: Emerging Manganese Developer
Emerging Manganese Developer For personal use only • We aim to become the next Australian manganese producer, supplying high-grade Manganese is in high manganese to the steel and electric vehicle demand for the rapidly industries. growing EV Battery and Renewables Technologies • Accelerate is develo
Slide 4: Capital Structure
Capital Structure For personal use only Share Price A$0.027 AX8 AX8 377M 0.045 ASX CODE SHARES ON ISSUE 0.04 $10.2M 7M MARKET CAP ENTERPRISE VALUE 0.035 A$3.2M NIL 0.03 CASH DEBT 0.025 Investments 8.3mil Shares @ Currie Rose (TSX-V:CUI) 0.02 ~33% @ Vytas Resources (Pre IPO:VYT) 1 July 2022 1 August
Slide 5: Investment Highlights
Investment Highlights For personal use only AX8 Taking Part in the High-Grade Deposit Multi Avenues to Experienced Other High- High Growth with Competitive Drive Long Term Leadership Quality Assets Opportunity Advantages Strong Growth Team • Consolidation of • Near Surface high- • Emerging high- • S
Slide 6: Experienced Board and Management
Experienced Board and Management For personal use only Richard Hill Grant Mooney Non-Executive Chairman Non-Executive Director Commercial geologist with 25 years’ experience in the Background in corporate advisory with extensive experience resources industry. He has performed roles as in house lawye
Slide 7: Manganese – Why This Critical Metal Should Be on Your Radar
Manganese – Why This Critical Metal Should Be on Your Radar For personal use only • Steel industry - Steady demand growth for manganese. There is currently no substitute for manganese in steel. • Demand increasing due to clean energy applications • Manganese offers benefits compared to other battery
Slide 8: Manganese – Critical Mineral for Steel and Battery Industry
Manganese – Critical Mineral for Steel and Battery Industry For personal use only Manganese is one of the most traded Manganese consumption in Li-ion batteries to increase by metals worldwide, primarily because it is indispensable in the production of steel 8kg 18 times between 2021 and 2050 (from 8
Slide 9: Premium Location - Close to Infrastructure
Premium Location - Close to Infrastructure For personal use only 66km 240km to nearest Rail to Port Hedland (Bulk Commodity Port) 70km 30km to Woodie Woodie to sealed road Manganese Mine 10km 358km2 to Gas Pipeline of prospective geology Accelerate Resources Limited | ASX:AX8 | Investor Presentation
Slide 10: High-Grade Manganese Corridor
High-Grade Manganese Corridor • High-grade and depth potential For personal use only • 27,500m RC drilling completed by previous explorer focusing on the northern part of the project, located four mineralised structures with significant Mn. • 4,400m of RC drilling completed in 2022 - results: • Nume
Slide 11: How do we Compare?
How do we Compare? For personal use only Woodie Woodie North Mn Project Area (AX8) Woodie Woodie Mine Corridor (ConsMin) • Same Geology Dolomite/ Pinjian Chert Breccia Alteration Re-silicification • Same Structure Association with structure Reverse faults & linking faults Anastomosing series of faul
Slide 12: Our Goal: Replicate the Long Life of the Woodie Woodie Mine
Our Goal: Replicate the Long Life of the Woodie Woodie Mine For personal use only • Deposit Size • 50+ Ore Bodies • Size from 0.2Mt to 5.5Mt with average 0.5Mt • Surface Expression : 50-100m wide x 100-600m in length • High-Grade, Large Scale • 35 Mt of Manganese has been mined (Historic) • JORC Res
Slide 13: New Discovery at Area 42
New Discovery at Area 42 For personal use only • Drilling proved both supergene enriched cap of Mn mineralisation and deeper mineralisation down to 71-87m depths • Confirmed extensive zones of Mn outcrops representing moderate to high-grade Mn at depth • Demonstrates continuity of mineralisation • P
Slide 14: Extensive High Grade & Depth Potential But Underexplored
Extensive High Grade & Depth Potential But Underexplored Area 42 For personal use only • 53 holes drilled • 13 holes drilled > 70 metres • 5 holes hit deeper mineralisation (>50 m depth) • Only 20% of Area 42 drill tested to date Project-wide • Five significant manganese corridors striking over 33 k
Slide 15: High-grade Manganese with Exploration Potential at Depth
High-grade Manganese with Exploration Potential at Depth For personal use only Near Surface High-grade Deep-Seated Large-Scale Potential Schematic Cross Section of the Area 42 Hilltop Area Accelerate Resources Limited | ASX:AX8 | Investor Presentation February 2023 15
Slide 16: Exploration Strategy 2023
Exploration Strategy 2023 For personal use only Dual Exploration Strategy Building Mn Resource Inventory The Big Prize – Large-Scale Deposits Greensnake Lookalike Working towards a maiden resource Resource Drilling Follow-up drilling Area 42 Area 3 Area 4 Drew’s Find Building Mn Resource Area Invent
Slide 17: Positive Metallurgical Test Work - Premium Product Potential
Positive Metallurgical Test Work - Premium Product Potential For personal use only Dense Media Separation – Area 3 and Area 4 (2010) Direct Shipping Ore Potential 2010 test results indicated that manganese can be upgraded Encouraging results received from Accelerate’s Baseline to 48% Mn premium mang
Slide 18: Why Invest?
Why Invest? For personal use only • Manganese is a Critical Mineral • Ethical supply in Tier One mining jurisdiction • Superior location and Infrastructure • Chasing the Big Prize - Large size, long mine life potential • DSO Material supply to steel markets – “Bread & Butter” • High purity manganese
Slide 19: Catalysts
Catalysts For personal use only March – June 2023 June – September 2023 Sep – December 2023 Systematic sampling of new Mn Corridors Mn Drilling program ongoing Maiden Resource Statement High Impact Mn Drilling program commences Phase 2 HPMSM Test work Diamond Drilling program High Purity Mn (HPMSM)
Slide 20: Contact us
Contact us For personal use only Yaxi Zhan Managing Director Tel： (+61) 08 6248 9663 Email: Yaxiz@Ax8.com.au Office Address Ground Floor 1/16 Ord Street, West Perth Western Australia 6005 Postal Address PO Box 938, West Perth, 6005 Website www.ax8.com.au Accelerate Resources Limited | ASX:AX8 | Inve