Viking Mines Limited · ASX:VKA
Viking Mines — Investor Presentation (August 2024)
15 slides from Viking Mines's investor presentation, Aug 19, 2024
Slide 1: Battery Minerals Developer Focused on Critical Mineral Vanadium
For personal use only Battery Minerals Developer Focused on Critical Mineral Vanadium Investor Presentation August 2024 ASX:VKA
Slide 2: Disclaimer & Competent Persons Statements
Disclaimer & Competent Persons Statements Disclaimer This presentation and any accompanying verbal presentation (together the Presentation) are confidential and have been prepared by Viking Mines Limited (Viking or the Company) and approved by the Board of the Company. The information contained in t
Slide 3: Company Overview
Company Overview Corporate Snapshot Board and Management For personal use only ASX Code Share Price Shares on Issue VKA $0.008 1.025B (8 August 2024) Market Cap Cash Enterprise Value Charles Thomas Julian Woodcock Michael Cox Bevan Tarratt $8.2M $3.9M $4.3M Chairman Managing Director & CEO Non-Execu
Slide 4: Vanadium Critical, Industrial and Battery Mineral
Vanadium Critical, Industrial and Battery Mineral Established Critical Mineral with Massive Growth Potential For personal use only Market Supply i Significant advantages Total global supply ~120Kt vanadium pa over Li-Ion batteries 61% 17% 8% 5% 3% 6% China Russia South Africa Brazil USA Other Foreca
Slide 5: Canegrass Battery Minerals Project
Canegrass Battery Minerals Project Rapidly Advancing Project to Development For personal use only • Consistently delivering on key milestones since acquisition: ✓ Discovery of new Kinks South Deposit ✓ Doubled contained Vanadium in Global MRE i ✓ Metallurgical testwork confirms potential of multicom
Slide 6: Fold Nose High-Grade Open Pit Resource
Fold Nose High-Grade Open Pit Resource Pit Constrained MRE 39Mt @ 0.81% V2O5 & 36% Fe V2O5% (>0.7% V2O5 cut-off) i 0.5 – 0.8 For personal use only 0.8 – 1.0 Fold Nose Deposit delivers long life open pit with: >= 1.0 • Large open pit 1,300m x 600m x 180m • Low strip ratio at 3.7:1 • Conceptual mine l
Slide 7: Flow Sheet Optimisation Underway
Flow Sheet Optimisation Underway Opportunity to Improve Project Economics Mining Crush/grind Magnetic Separation Tail Concentrate For personal use only Flowsheet Pathway Unlocked for Vanadium Production: • Vanadium Pentoxide (V2O5) Flake produced, using Iron (Fe) Roasting Sulphide Residue Flotation
Slide 8: Murchison Region Host to Major Vanadium Projects
Murchison Region Host to Major Vanadium Projects Regional Vanadium/Titanium Projectsi For personal use only AUSTRALIAN SUREFIRE VIKING MINES ATLANTIC COMPANY VANADIUM RESOURCES (ASX:VKA) (ASX:AVL) (PRIVATE) (ASX:SRN) Australian Vanadium Victory Bore Canegrass Battery PROJECT Project & TMT Windimurra
Slide 9: Strategic Options to Release Value
Strategic Options to Release Value Produce Magnetic Produce V2O5 Flake For personal use only Concentrate Low Capital Cost Option High Capital Cost Option Produce direct ship ore Multiple options Develop full process and produce concentrate for supply V2O5 flake for sale to market available and to to
Slide 10: First Hit Project Lithium Opportunity
First Hit Project Lithium Opportunity Large Landholding in Prolific Lithium Region IMMEDIATE HIGH-PRIORITY For personal use only • The First Hit Project landholding totals 493km2 TARGETS (granted and under application)i in the WA Goldfields. DEFINED • 60km south and along strike of Delta Lithium’s M
Slide 11: First Hit Project Gold Opportunity
First Hit Project Gold Opportunity Historically Produced ~30koz Au at ~7.7g/t Aui For personal use only • Historical producing high-grade gold project located in the Eastern Goldfields of WA. • Several high-priority follow up targets identified from Vikings previous drilling. Jana’s Reward Target ii
Slide 12: VKA Achieving Critical Milestones Efficiently
VKA Achieving Critical Milestones Efficiently 2022 2023 2024 For personal use only Nov 2022 - VKA signs Farm-In May 2023 – Metallurgical testwork Mar 2024 – Pit Optimisation Study agreement for Canegrass Project. commenced delivers 61Mt @ 0.81% V2O5 ii Historical MRE totalling Jun 2023 – 7,500m grow
Slide 13: For more information please contact
For personal use only For more information please contact: Julian Woodcock Managing Director & CEO P +61 8 6245 0870 Zander Beacham White Noise Communications E zander@whitenoisecomms.com
Slide 14: Appendix – Vanadium Company Snapshot
Appendix 1 – Vanadium Company Snapshot VIKING MINES AUSTRALIAN VANADIUM VENUS METALS SUREFIRE RESOURCES NEOMETALS ATLANTIC PTY LTD COMPANY (ASX:VKA) (ASX:AVL) (ASX: VMC) (ASX:SRN) (ASX:NMT) (PRIVATE) For personal use only Murchison Technology Metals Australian Vanadium Victory Bore and Canegrass Pro
Slide 15: Appendix – Canegrass Mineral Resource Estimate
Appendix 2 – Canegrass Mineral Resource Estimate Global MRE i Cut-Off V2O5% JORC Tonnage V2O5 Fe Fe2O3 TiO2 Cu Ni Co Al2O3 SiO2 P P2O5 LOI V2O5 V2O5 Mt Mt Cu Ni Co Model Deposit (2012) Volume Density Tonnes For personal use only (Mt) % % % % % % % % % % % % T BLbs Fe TiO2 T T T Classification From T