Piche Resources Limited · ASX:PR2
Piche Resources — Investor Presentation (November 2024)
29 slides from Piche Resources's investor presentation, Nov 21, 2024
Slide 1: Piche Resources Limited
Piche Resources Limited Uranium and gold projects in Western Australia and Argentina NOT FOR RELEASE TO U.S. WIRE SERVICES OR DISTRIBUTION IN THE UNITED STATES
Slide 2: Disclaimer
Disclaimer The purpose of this presentation is to provide general information about Piche Resources Limited (”PRL” or the “Company”). This presentation is current as of 21 November 2024 (unless otherwise stated herein). The information in this presentation may change over time and PRL has no obligat
Slide 3: Piche Resources Limited – Uranium/Gold ASX Listed
PICHE RESOURCES LIMITED – URANIUM/GOLD ASX LISTED Company and ticker Piche Resources Limited (PR2) ASX listing 15 July 2024 Assets Uranium and gold projects in Australia and Argentina Directors Globally recognised board in uranium, gold, exploration, development, financing and production Cash $7.4 m
Slide 4: Piche Portfolio
PICHE PORTFOLIO Targeting globally significant discoveries in Tier-1 mineral provinces Western Australia Argentina Uranium Projects Sierra Cuadrada Commodities Uranium Land package 1,310km2 Ownership 100% Ashburton Commodities Uranium, Rare earths Land package 122km2 Ownership 100% Gascoyne Commodit
Slide 5: Capital Structure
CAPITAL STRUCTURE CAPITAL STRUCTURE SHARES Directors & Management Escrowed (24 months; 15 July 2026) 39,133,333 Other shareholders 83,995,002 TOTAL 123,128,335 OPTIONS Tradeable options 29,887,730 Unlisted Escrowed (24 months; 15 July 2026) Options 52,355,037 Unlisted Escrowed (12 months; 15 July 20
Slide 6: Board of Directors
BOARD OF DIRECTORS Highly regarded and experienced board with the corporate and technical skills to find, fund and develop mines John (Gus) Simpson Stephen Mann Pablo Marcet Executive Chairman Managing Director Executive Director John has over 37 years experience in Stephen is a geologist with over
Slide 7: Argentina Team
Argentina Team Piche has established an experienced and professional team in Argentina to advance the project portfolio President/CEO Piche S.A. Stephen Mann PR2 In-Country Executive Director: Pablo Marcet PR2 Country Manager: Fernando Rodriguez PSA Uranium Project Manager: Francisco Parra (ex CNEA)
Slide 8: Uranium Projects
Uranium Projects AD
Slide 9: Ashburton Project - Uranium - Australia
ASHBURTON PROJECT - URANIUM - AUSTRALIA 3 exploration licenses covering 122km2 • Pilbara region - Western Australia - 1,150 km N of Perth • 14 uranium occurrences across 65 km of strike • Prior drilling has identified significant high-grade unconformity uranium • Sparsely explored • Numerous high gr
Slide 10: Ashburton Project - Uranium - Australia
ASHBURTON PROJECT - URANIUM - AUSTRALIA Angelo River prospects are part of a large, well mineralised uranium system • 1978-1982, Pancontinental drilled 62 holes - 7km of BB Fault • 71 intercepts greater than 500ppm (approx. 1.1lb U3O8 per tonne) were generated • High grade drill results including: •
Slide 11: Ashburton Project - Multiple other prospects
ASHBURTON PROJECT - URANIUM - AUSTRALIA Multiple other prospects • Atlantis: Significant drill intersections include: • 5.5m @ 0.62% U3O8 • 2.2m @ 0.74% U3O8, and • rock chip samples of up to 37% U3O8 • NOG: Rock chip samples include: • 3.03% U3O8 • 0.71% U3O8 and • 0.67% U3O8 • associated with surf
Slide 12: Argentina
ARGENTINA Top global mining companies operating in Argentina* * Ministry of Economics Argentina: Mining in Argentina 12
Slide 13: Uranium Discovery & Mining – Argentina
URANIUM DISCOVERY & MINING – ARGENTINA Significant historical uranium exploration • The Argentine National Atomic Energy Commission (CNEA) explored for uranium across Argentina from the mid 1950-80’s resulting in 1,000’s of anomalies and 8 mines developed • In the Chubut Province radiometric and EM
Slide 14: Sierra Cuadrada Project - Uranium
SIERRA CUADRADA PROJECT - URANIUM Tenement schematic of the Sierra Cuadrada uranium Projects Sierra Cuadrada Radiometric Uranium Anomalies • The Sierra Cuadrada Project has been expanded to 1,013.4 km2 in the San Jorge Basin Cretaceous paleochannel system located 200km north of Comodoro Rivadavia •
Slide 15: Sierra Cuadrada Project – Uranium - Argentina
SIERRA CUADRADA PROJECT – URANIUM - ARGENTINA Schematic of long section through Cretaceous Paleochannels 2023 outcrop mapping program - uncut average grade of 2,579 ppm U3O8 (5.67lbs per tonne) U3O8 av ppm 2579 3194 3707 4254 samples 92 74 63 54 cutoff 0 150 g/t U 300g/t U 450 g/t U lbs. U3O8/tonne
Slide 16: Sierra Cuadrada – Teo 5&6 auger drill program
SIERRA CUADRADA PROJECT – URANIUM - ARGENTINA Teo 5&6 prospect 2024 auger drill program • During Q1-3 2024 Piche trialled different sampling techniques at Sierra Cuadrada to test the upper 4-6 metres of the stratigraphy for shallow flat lying uranium mineralisation • Tractor mounted auger drilling h
Slide 17: Sierra Cuadrada Project - Uranium
SIERRA CUADRADA PROJECT - URANIUM • Auger drilling at Sierra Cuadrada is highlighting extensive areas of near surface uranium mineralization • 30% of reconnaissance hole assays showed anomalous uranium mineralisation. • Mineralisation varies in thickness from 0.5m to 4m, with an average thickness 1.
Slide 18: Gold Projects
Gold Projects 18
Slide 19: Cerro Chacon Project - Gold - Argentina
CERRO CHACON PROJECT - GOLD - ARGENTINA • Located 10km south-west of Paso de Indios, Chubut – Argentina. • Consists of 413.5km2 of tenements with extensive gold/silver occurrences. • Structural mapping and geochemical sampling at Chacon Grid prospect has identified an extensive mineralised system co
Slide 20: Cerro Chacon Grid prospect - Gold - Argentina
Cerro Chacon Grid prospect - GOLD - ARGENTINA • Extensive vein networks of gold, silver and pathfinder elements • Assays up to 13 g/t Au in wide (up to 50m) and long (up to 6 km) zones of epithermal veining Simplified schematic of Cerro Chacon Grid cross section Chacon Grid prospect is a high priori
Slide 21: La Javiela prospect - Gold - Argentina
La Javiela prospect- GOLD - ARGENTINA • Mapping and sampling at the La Javiela prospect has identified extensive brecciated low sulphidation epithermal Au/Ag vein systems • Detailed ground magnetic and IP surveys have highlighted five first tier drill targets • Comprehensive follow-up surface survey
Slide 22: Corporate matters
Corporate matters 22
Slide 23: Work Program
WORK PROGRAM Jul Aug Sep Oct Nov Dec Q3 25 Q4 25 Q1 26 Q2 26 2024 2024 2024 2024 2024 2024 Uranium Work Program Ashburton Environmental approvals Land access Geophysics RC drilling Diamond Results and market announcement Follow up exploration campaign Sierra Cuadrada Environmental approvals Land acc
Slide 24: Work Program
WORK PROGRAM Jul Aug Sep Oct Nov Dec Q3 25 Q4 25 Q1 26 Q2 26 2024 2024 2024 2024 2024 2024 Gold Work Program Cerro Chacon Environmental approvals Land access Geophysics RC drilling Diamond Results and market announcement Follow up exploration campaign Other non-Uranium Projects (Abydos, Beasley Cree
Slide 25: Investment Opportunity
INVESTMENT OPPORTUNITY 1 The company has a suite of high-quality uranium and gold assets 2 The prospects have up to 40 years of exploration success – they are high confidence, drill ready exploration targets 3 Multiple styles of mineralisation across two attractive mining jurisdictions – Western Aus
Slide 26: Contact details
Contact details: John (Gus) Simpson Executive Chairman Piche Resources Limited +61414384220 js@piche.com.au This presentation has been approved for release by the Executive Chairman 26
Slide 27: Appendices
Appendices REE Project 27
Slide 28: Ashburton Project - REE - Australia
ASHBURTON PROJECT - REE - AUSTRALIA Rock chip sampling of radiometric anomalies over a 350m x 200m area at the Livanto prospect returned very high grade REE Including all four super magnet elements: • Cerium to 3.73% • Lanthanum to 1.75% • Yttrium to 1.20% • Praseodymium to 0.98% • Neodymium to 4.18
Slide 29: Ashburton Project - REE - Australia
ASHBURTON PROJECT - REE - AUSTRALIA • Indian Head thru Peacock West and Canyon Creek REE prospects co-reside in or near the Ashburton exploration licenses covering approx. 122km2 • In 2010 a twenty-one-hole uranium drill program was completed between Indian Head and Canyon Creek and was assayed for
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