Perpetual Resources Ltd. · ASX:PEC
Perpetual Resources — Investor Presentation (August 2024)
40 slides from Perpetual Resources's investor presentation, Aug 22, 2024
Slide 1: Exploring the next frontier in Brazil Minerals
For personal use only Exploring the next frontier in BRAZIL MINERALS ASX: PEC AUGUST 2024
Slide 2: Disclaimers
This presentation contains summary information about Perpetual Resources Ltd ACN 154 516 533 No other material authorised: The Company has not authorised any person to give any DISCLAIMERS (Perpetual or the Company) and is current as of 22nd August 2024. information or make any representation in con
Slide 3: Project Portfolio Lithium and Tin
Project Portfolio L ithium and Tin LITHIUM & TIN For personal use only Lithium Valley Compelling footprint in Brazil’s “Lithium Valley”, which hosts several Tier 1 RARE EARTHS spodumene projects. Caldeira Complex CAL D EIRA CO MP LEX Established projects: Host to some of the highest-grade ionic abso
Slide 4: Brazil Critical Minerals – on the doorstep of the USA
Brazil Critical Minerals – on the doorstep of the USA For personal use only • The US has a desire to develop new, non-traditional critical minerals supply chains • Brazil represents the ideal location to identify critical minerals projects, due to its proximity to the US market. • November 2024 is e
Slide 5: Efficient and Agile Exploration
Efficient and Agile Exploration For personal use only Significant valuation High impact, low cost discrepancy to peers based on known mineralisation Optimal geological setting In-country team and that significantly enhances experienced management the likelihood of success Low-risk, mining-friendly S
Slide 6: Corporate Snapshot
Corporate Snapshot For personal use only ASX CODE PEC SHAREHOLDERS (Top 20 represent 40% of Register) Share Price (as at 21st August 2024) $0.01 Ordinary Shares 640.0m Julian Babarczy 7% Options (strike prices $0.025 - $0.06) 45m Robert Benussi 6% Market Capitalisation $6.4m Tolga Kumova (and relate
Slide 7: Board of Directors
Board of Directors For personal use only JULIAN BABARCZY ROBERT BENUSSI BRETT GROSVENOR NICHOLAS KATRIS Executive Chairman Managing Director Executive Director Company Secretary Management Team Allan Stephens Rafael Mottin Karl Weber Vinicius Theobaldo Jorge Flávia Compass PhD Exploration Manager In
Slide 8: Prospective Asset Base
TIN (CASSITERITE) For personal use only RARE EARTHS LITHIUM PROSPECTIVE ASSET BASE • Outstanding maiden drill results • Outcropping spodumene • High grade tin (>7% Sn, incl. • 5m @ 5,591ppm TREO (35% Nd+Pr) (up to 5.62% Li2O) confirmed 2,859 ppm Tantalum). • 12m @ 4,601ppm TREO (23% Nd+Pr) • Multipl
Slide 9: Why Brazil?
For personal use only Why Brazil?
Slide 10: Brazil: Proven & Proactive
Tier 1 Jurisdiction For personal use only BRAZIL: PROVEN & PROACTIVE • Major Economic Contributor o Brazil's mining sector is among the top three contributors to the world's 10th largest economy. • Pro-Mining Legislation and Government Support o The country has robust legislation and strong governme
Slide 11: Minas Gerais
Minas Gerais For personal use only BRAZIL’S MINING HUB Minas Gerais is Brazil’s pre-eminent mining jurisdiction, hosting a vast number of mines across multiple commodities: • More than 300 operating mines, including 40% of Brazil’s largest mines. • Brazil’s sole domestic producer of lithium concentr
Slide 12: Incentives & Growth
Incentives & Growth For personal use only GOVERNMENT INVESTMENT Brazil plans to invest over US$2.1 billion by 2030 to expand lithium production. • Brazil’s ‘Mover’ (National Green Mobility and Innovation) Program: o Aims to decarbonize the automotive industry by reducing emissions throughout the pro
Slide 13: Incentives & Growth (cont'd)
Incentives & Growth (cont’d) For personal use only FOREIGN INVESTMENT • EV & Battery Investment o BYD, the largest electric car producer, is opening three factories in Bahia, investing R$3 billion. o Great Wall Motors plans to start producing electric cars in São Paulo (late-2024) o BYD will manufac
Slide 14: PEC Projects: Rare Earths
For personal use only PEC Projects: Rare Earths 14
Slide 15: Caldeira Rare Earth Complex
Caldeira Rare For personal use only Earth Complex PERPETUAL’S RARE EARTH TENEMENTS Situated in the world-renowned and prolific Caldeira Alkaline Complex, Perpetual’s tenements are adjacent and proximal to two of the largest ionic clay rare earth deposits globally, including: METEORIC RESOURCES • Met
Slide 16: Raptor Rare Earth Project
Raptor Rare For personal use only Earth Project Perpetual is assembling a strategic landholding in Brazil’s pre-eminent rare earth exploration region, with a specific aim to position the Company for the next strong commodity price cycle. WHY THE CALDEIRA COMPLEX? • Hosts multiple Tier 1 Rare Earth o
Slide 17: Raptor Project
Raptor Project For personal use only • Exceptional land access attributes allowed rapid commencement of exploration program. • Early reconnaissance proved highly successful • >4,500 TREO grades at surface • MREO/TREO ratio >20% • Maiden first pass shallow drilling confirmed very high- grade minerali
Slide 18: Raptor Project Next Steps
Raptor Project For personal use only NEXT STEPS 1. Assays from remaining eight (8) holes due by mid- September. 2. Full data review to be undertaken ahead of infill and extensional drilling program initiated. 3. Initial metallurgical test work to commence. 4. Rapid pathway to JORC Mineral Resource E
Slide 19: PEC Projects: Lithium & Tin
For personal use only PEC Projects: Lithium & Tin
Slide 20: Lithium Valley
Lithium Valley For personal use only PERPETUAL’S LITHIUM PROJECTS Situated in Brazil’s world-renowned Lithium Valley, Perpetual’s areas cover 12,536 hectares across 12 licenses, adjacent and proximal to some of the largest lithium producers and developers globally, including: S I G MA LI T H I UM ($
Slide 21: Perpetual Lithium & Tin Projects
PERPETUAL LITHIUM & TIN PROJECTS For personal use only 3. PARAISO & 1. ISABELLA 2. ITINGA PONTE NOVA • Advanced exploration project. • Advanced exploration project. • Greenfield/early-stage • Outcropping spodumene >5% Li2O • High grade cassiterite-tin >7% Sn exploration project. • Mapped pegmatite s
Slide 22: Isabella Lithium Project
Isabella Lithium For personal use only Project TRANSFORMATIONAL LITHIUM PROJECT ACQUIRED IN JULY 2024. A significant advancement in Perpetual’s Brazilian lithium exploration efforts with license located in the epicenter of Tier 1 producers and developers. • Advanced exploration project. • Due dilige
Slide 23: Isabella Lithium Project (cont'd)
Isabella Lithium Project (cont’d) For personal use only TWO-PEGMATITE TRENDS LOCATED ON ISABELLA PROJECT IN-SITU SPODUMENE 23 Refer to ASX Announcement: “Acquisition of Brazil Spodumene Project with up to 5% Li2O” dated 24 July 2024.
Slide 24: Isabella Lithium Project (cont'd)
Isabella Lithium Project (cont’d) For personal use only Artisanal Mine 1 Spodumene Artisanal Mine 2 Artisanal Mine 3 24 Refer to ASX Announcement: “Acquisition of Brazil Spodumene Project with up to 5% Li2O” dated 24 July 2024.
Slide 25: Itinga Lithium & Tin Project
Itinga Lithium For personal use only & Tin Project 3,032 HECTARES SHOWCASING HIGH-POTENTIAL, HIGH-GRADE CRITICAL MINERALS. Another notable advancement in Perpetual's Brazilian critical minerals exploration efforts, with early exploration confirming multiple significant results for critical minerals.
Slide 26: Itinga Lithium & Tin Project (cont'd)
Itinga Lithium & Tin Project (cont’d) For personal use only >100m strike of exposed Pegmatite outcrop. Results: Open at both ends • PECBT012: 7.3% Sn (73,000ppm) • PECBT054: >1% Sn (>10,000ppm) ? • PECBT053: 0.7% Sn (6,960ppm) ? Artisanal Mine on License 832503/2003 26
Slide 27: Itinga Lithium & Tin Project (cont'd)
Itinga Lithium & Tin Project (cont’d) For personal use only Artisanal ? Significant Results: Excavations • PECBT080: 0.62% Sn (6,200ppm) • PECBT079: 0.49% Sn (4,900ppm) • PECBT079: 0.32% Sn (3,200ppm) Other Anomaly: • PECBT029: 12.5% Mn Titanium Anomaly: • 14.5% TiO2 (87,199ppm Ti) ? Artisanal Mine
Slide 28: Portfolio Expansion Opportunities
Portfolio For personal use only EXPANSION OPPORTUNITIES Perpetual now has a strategic beachhead in Brazil’s leading geological domains for Rare Earths, Lithium and Tin. The recent downturn in sentiment and pricing for critical minerals is presenting compelling opportunities for additional “bolt-on”
Slide 29: Conclusion
Conclusion For personal use only UNIQUE CRITICAL MINERALS EXPERIENCED BOARD AND LEADERSHIP TEAM PROJECT PORTFOLIO • Highly credentialled Board of Directors. • Enviable project portfolio spanning multiple critical minerals. • Significant project execution and operations experience. • Exceptional land
Slide 30: Appendices
For personal use only 30 Appendices
Slide 31: Early-Stage Projects
Early-Stage For personal use only Projects 1. PADRE PARAISO (Li) 2. PONTE NOVA (Li & REE) Strategic Proximity Strategic Proximity • Key Location: Paraiso tenement strategically positioned within proximity • Key Location: Our project is ~30km Latin Resources and Lithium Ionic's (<30km) to Sigma Lithi
Slide 32: Padre Paraiso and Ponte Nova
PADRE PARAISO PONTE NOVA For personal use only 1. See Sigma Lithium Corporate Presentation dated September 2023 (ir.sigmalithiumresources.com/wp- 32 content/uploads/2023/09/2023-09-15-Sigma-Lithium-Corporate-Presentation-Sigma.pdf) 3. https://www.atlas-lithium.com/news/atlas-lithium-intersects-1-47-
Slide 33: Overview Commodity
For personal use only Overview Commodity
Slide 34: Strategic Minerals
Strategic GLOBAL GREENHOUSE GAS EMISSIONS PATHWAYS1 For personal use only Minerals THE WORLD’S FASTEST GROWING COMMODITY MARKETS. The world is actively reducing its carbon footprint, primarily through a shift away from fossil fuels. 34 1. New York Times (nytimes.com/interactive/2021/10/25/climate/wo
Slide 35: Strategic Minerals (cont'd)
Strategic For personal use only Minerals (cont’d) This is driving demand for a new suite of commodities, which is the focus of Perpetual’s growing portfolio of exploration and development assets. The Rise of Electric Cars2 Annual Change in Solar Energy Generation3 2. Source: Bloomberg New Energy Fin
Slide 36: Rare Earths
Rare Earths For personal use only Global Rare Earths Deposits* RoW STRATEGIC ELEMENTS ESSENTIAL 6% TO CRITICAL APPLICATIONS IN THE India 6% MODERN WORLD. China Russia 9% 40% • Rare Earths are a suite of 17 metallic elements used for a range of critical applications including EV motors, permanent mag
Slide 37: Tin
METALS MOST IMPACTED Tin BY NEW TECHNOLOGY For personal use only COULD TIN BE THE MOST CRITICAL OF ALL THE MINERALS? • A 2018 study commissioned by Rio Tinto and conducted by MIT indicated that Tin is the most likely critical mineral to be impacted by technological advancements. • MIT researchers ha
Slide 38: Beharra Silica Sand Project
Beharra PROJECT HIGHLIGHTS The project lies within the northern part of the Perth Basin and For personal use only contains a 13km strike length of high-grade silica sand. A WORLD-SCALE RESERVE/RESOURCE • Maiden Mineral Reserve Estimate Probable of 48mt of 99.6% SiO2, 276ppm SILICA SAND PROJECT Fe2O3
Slide 39: Commitment to ESG
Commitment to ESG For personal use only SUSTAINABLE DEVELOPMENT ENVIRONMENTAL STEWARDSHIP: Integrate environmental and social Uphold the highest standards of considerations into decision-making to environmental management to minimize support long-term success and growth. our impact and promote susta
Slide 40: Thank You
For personal use only THANK YOU Perpetual Resources Ltd perpetualresources.co Suite 2, 68 Hay Street. Julian Babarczy, Executive Chairman Subiaco WA 6008 info@perpetualresources.co
Perpetual Resources — Investor Presentation (August 2024) on 6ix