Meteoric Resources Nl · ASX:MEI
Meteoric Resources Nl — Meteoric Resources — Investor Presentation (May 2023)
17 slides from Meteoric Resources Nl's investor presentation, May 4, 2023
Slide 1: Investor Presentation
For personal use only Investor Presentation The World’s Highest Grade Ionic Adsorption Clay REE Deposit ASX:MEI MAY 2023
Slide 2: Disclaimer
DISCLAIMER The material in this Presentation has been prepared by Meteoric Resources NL (“Meteoric”) and is general background information about Meteoric’s current activities as at the date of this presentation. This information is given in summary form and does not purport to be complete. Informati
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS Meteoric is rapidly validating Caldeira as a Tier-1 Rare Earths Project For personal use only Unique asset well Globally Quality Proven Well capitalised Experienced positioned significant, historical and established with balance leadership with comparably to Tier-1 Rare Earths
Slide 4: Company Overview
COMPANY OVERVIEW Supported by an experienced and competent Board, the share price has performed significantly well this year Share Price History MEI Snapshot Significant share price appreciation following the transformative acquisition of the For personal use only ASX Code MEI Tier-1 Caldeira Projec
Slide 5: Rare Earth Deposit Types and Comparables
RARE EARTH DEPOSIT TYPES AND COMPARABLES Ionic clay allows for expedited development timelines, reduced capex requirements and a higher value product Ionic Clay-hosted REE Hard Rock-hosted REE For personal use only ▪ Predominantly mined in China, with small deposits found in Myanmar ▪ Majority of pr
Slide 6: Ionic Adsorption Clay - Brazilian Landscape
IONIC ADSORPTION CLAY - BRAZILIAN LANDSCAPE Meteoric Resources is well positioned to capitalise on a proven mining jurisdiction and unique project Comparable Brazilian Assets Project Mining Licenses Caldeira Project Highlights ▪ 51 Licences with 23 ML’s and 21 MLA’s - For personal use only 171km2 ▪
Slide 7: Historic Exploration
HISTORIC EXPLORATION JOGMEC successfully explored project between 2016 and 2019 Drilling Collar Plan – 1311 Holes Historic Exploration Deposit Characteristics ▪ The Poços de Caldas Intrusive Complex covers an ▪ A selection of drilling results across six licenses returned For personal use only area o
Slide 8: Caldeira Grades, Drilling Intercepts and Peers
CALDEIRA GRADES, DRILLING INTERCEPTS AND PEERS Outstanding grades, wide continuous intercepts and open at depth Caldeira Project – Current Exploration Capo Do Mel Prospect For personal use only ▪ Phase 1 Diamond Drilling program is underway ▪ A program of 25 diamond holes was designed to test depth
Slide 9: Tier Ionic Adsorption Clay (IAC) Rare Earth
TIER 1 IONIC ADSORPTION CLAY (IAC) RARE EARTH The due diligence program and previous metallurgical work has proven the project’s IAC characteristics across various prospects Metallurgy Bulk Sample (ASX:20/12/22) Metallurgy Results and Future Work Metallurgical Recoveries For personal use only ▪ 4,91
Slide 10: Strategic Acquisition
STRATEGIC ACQUISITION Consolidating landholding area by a further 40% ▪ Meteoric has entered into a binding agreement to acquire significant and strategic Ionic Clay Rare Earth Element (REE) licences For personal use only contiguous with the most highly prospective areas of its Tier 1 Caldeira REE P
Slide 11: Caldeira Project Maiden Resource – 409Mt @ 2626 ppm TREO
CALDEIRA PROJECT MAIDEN RESOURCE – 409Mt @ 2626 ppm TREO World’s Highest Grade Ionic Adsorption Clay REE Deposit (ASX 1/5/2023) ▪ The Global Mineral Resource Estimate (MRE) reported against the guidelines of JORC 2012 stands at 409Mt @ 2,626 ppm TREO at a 1000ppm cut off. ▪ Magnet REO (MREO) grades
Slide 12: Substantial Ultra High Grade Resource
SUBSTANTIAL ULTRA HIGH GRADE RESOURCE Magnetic Rare Earth Oxide proportion increases as cut-off grade increases Grade & Tonnage Curve MREO % vs Cut-off grade TREO (ppm) For personal use only 450 5,000 413 413 4,588 29 409 400 4,500 4,072 361 28 4,000 350 3,570 27 3,500 Proportion of Magnetic REO 300
Slide 13: High Grade Opportunities
High Grade Oportunities Capao do Mel Possible high-grade starter pit ▪ An ultra high grade zone measuring 1200m by 800m For personal use only ▪ Open at depth and to the south. 1200m ▪ Immediate infill drilling target to move into Measured and Indicated based on Pit Optimisation A B • 200kg bulk samp
Slide 14: Indicative Timetable and Key Milestones
INDICATIVE TIMETABLE AND KEY MILESTONES Meteoric is positioned for a milestone 2023 with several material catalysts at the project level 2023 For personal use only MILESTONE JAN FEB MAR APR MAY JUN JUL AUG SEP OCT NOV DEC Caldeira Purchase Completion Due Diligence & Deal Completed Drilling – Phase 1
Slide 15: Limited Supply for HREE Demand
LIMITED SUPPLY FOR HREE DEMAND Caldeira scale and grade will play a critical piece in global Nd-Pr & Tb-Dy supply Globally Critical Asset Expected new supply 2021-2023 (excl. China) Dysprosium 59 60 65 66 Yttrium use only Europium Terbium Pr Nd Tb Dy Operational Expansions Cerium Lanthanum ▪ MP Mate
Slide 16: Globally Significant IAC Deposits & Infrastructure
GLOBALLY SIGNIFICANT IAC DEPOSITS & INFRASTRUCTURE China holds a dominant position in the global rare earth element market - accounting for c. 60% of global production Illustrative Global Supply Chain Breakdown For personal use only REE Production REE Processing USA 13% Australia Malaysia 9% 11% Chi
Slide 17: Contact Information
Contact Information For personal use only Meteoric Resources ABN 64 107 985 651 T +61 8 9226 2011 E info@meteoric.com.au W www.meteoric.com.au A Level 1, 33 Ord St, West Perth WA 6005 Dr Andrew Tunks - Executive Chairman T +61 400 205 555 E ajtunks@meteoric.com.au Victoria Humphries - Investor & Med
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