Waratah Minerals Limited · ASX:WTM
Waratah Minerals — Battery Minerals — Investor Presentation (June 2023)
16 slides from Waratah Minerals's investor presentation, Jun 15, 2023
Slide 1: Investor Presentation
INVESTOR PRESENTATION GOLD DISCOVERY STRATEGY IN WESTERN VICTORIA - COMPANY INVESTMENT IN GRAPHITE PRODUCER 15 June 2023
Slide 2: Investment Highlights
INVESTMENT HIGHLIGHTS MAIDEN DRILLING IDENTIFIES VISIBLE GOLD ASSOCIATED WITH INTRUSION-RELATED GOLD SYSTEM AT WHITE RABBIT Priority drill targets in White Rabbit District, 15km from Stawell Gold Mine1, sheeted IRG quartz- DISCOVERY sulphide veining with visible gold (ASX BAT 9 June 2023) GOLD-COP
Slide 3: Overview
OVERVIEW 1. INVESTMENT HIGHLIGHTS – TWO NEAR TERM VALUE DRIVERS 2. COMPANY INVESTMENT - GRAPHITE PRODUCER – CAPITAL STRUCTURE TIRUPATI GRAPHITE (LSE.TGR) Shares on Issue (ASX : BAT) 118.6M Board and Management >5% fully diluted Share price (14 June 2023) 10.5cps 3. DISCOVERY READY DRILL TARGETS – GO
Slide 4: Company Investment in Emerging Major Graphite Producer
Tirupati Graphite Operations1 UKFY23 Results AUD Production 4,770t Average Flake Production Cost $597/t COMPANY INVESTMENT IN Average Flake Price achieved $1,365/t Average operating margin $768/t EMERGING MA JOR GRAPHITE Revenue $5.4m Production expansion underway1 PRODUCER Gross Profit $2.6m LISTED
Slide 5: Stavely-Stawell Project
STAWELL GOLD CORRIDOR STAVELY-STAWELL PROJECT EL 6871 Stawell Gold Mine TWO DISCOVERY FAIRWAYS STAVELY- DRYDEN 5Moz Production1 BELT STAWELL GOLD CORRIDOR – Au White Rabbit District 6Moz Stawell-Wonga Gold Mine1 Intrusion – Related Au (IRG) Moyston Historical Mine Mt Ararat ( VMS ) Morning Bill ( VM
Slide 6: Targeting the White Rabbit Intrusive Complex
Stawell-Magdala Deposit 5Moz Stawell-Wonga IRG Deposit 294k oz STAVELY-STAWELL PROJECT TARGETING THE WHITE RABBIT INTRUSIVE COMPLEX • Margin of Western Lachlan Orogen / Stawell Zone / Delamerian Orogen • Devonian Intrusive Complex – Stawell Granite • Located along a regional, northeast trending stru
Slide 7: Four Priority Gold Prospects
Sporadic hist. gold assaying 1m @ 3g/t Au from 6m (AC93AA114) Rockchips 16 g/t Au STAVELY-STAWELL PROJECT FOUR PRIORITY GOLD PROSPECTS – 15km FROM BILLYGOAT STAWELL GOLD MINE1 8m @ 0.79g/t Au from 1m @ 0.99g/t Au at EOH 27m to EOH (22AC134) >22koz Au production, 1. COXS FIND - Au - historic workings
Slide 8: Intrusion-Related Gold Systems (IRGS)
Intrusion-Related Gold Systems (IRGS) Exploration Model STAVELY-STAWELL PROJECT INTRUSION - RELATED GOLD SYSTEMS (IRGS) ATTRACTIVE EXPLORATION TARGET – NOTABLE DEPOSITS POGO - 8Moz @ 13.6g/t Au 1 FORT KNOX - 7Moz @ 0.83g/t Au 1 STAWELL-WONGA – 6moz 1 KIDSTON – 5Moz @ 1.7g/t Au 1 MINERALISATION STYLE
Slide 9: Journey to Discovery (Coxs Find)
SEM Image STAVELY-STAWELL PROJECT JOURNEY TO DISCOVERY (COXS FIND) cm 1) RECOGNISING HIGH VALUE DISCOVERY OPPORTUNITY 2) APPLY APPROPRIATE TARGET DEFINITION TECHNIQUE 1 um 3) DRILL PRIORITY TARGETS SEM Image LA Pyrite Image LA Pyrite Image • Pyrite petrography-microscopy SEM/ICPMS indicate gold asso
Slide 10: Journey to Discovery (Coxs Find)
STAVELY-STAWELL PROJECT JOURNEY TO DISCOVERY (COXS FIND) 1) RECOGNISING HIGH VALUE DISCOVERY OPPORTUNITY 2) APPLY APPROPRIATE TARGET DEFINITION TECHNIQUE 3) DRILL PRIORITY TARGETS • ~15km from >5MOz Stawell Gold Mine • Historical workings, rock chips inc. 430 g/t Au, 174.5g/t Au (ASX BAT 2 May 2022)
Slide 11: Journey to Discovery (Coxs Find)
PDIP CHARGEABILITY – L19500 STAVELY-STAWELL PROJECT JOURNEY TO DISCOVERY (COXS FIND) 1) RECOGNISING HIGH VALUE MINERALISATION 2) APPLY APPROPRIATE TARGET DEFINITION TECHNIQUE 3) DRILL PRIORITY TARGETS PDIP RESISTIVITY – L19500 • ~15km from >5Moz Stawell Gold Mine • Historical workings, rock chips in
Slide 12: Azura Project
Argyle Diamond AZURA PROJECT COPPER - NICKEL - COBALT - PGEs • Underexplored, multiple target styles Savannah ( Ni-Cu ) • Michigan Cu-Ag • Magmatic Ni – Cu - PGEs AZURA • Skarn Cu-Au PROJECT • Mesothermal Au - Cu/Pb/Zn/Ag Panton ( PGE ) Copernicus ( PGE ) • Operating Mines • Savannah Ni-Cu-Co (PAN.A
Slide 13: Azura Project Drill Targets
AZURA PROJECT DRILL TARGETS - EM ANOMALIES - STRONG SURFACE GEOCHEM • Priority Cu-Ni-Co-PGE drill targets identified • EM conductors + strong surface Cu anomalism, up to 29.9% Cu rockchips (ASX BAT 22 June 2021) • Olympio Target: coincident strong conductivity (600m long at 100m depth) and concealed
Slide 14: High Impact Newsflow
HIGH IMPACT NEWSFLOW ACTIVITY SUMMARY INVESTMENT ACTIVITY MAR QTR JUNE QTR SEPT QTR GRAPHITE Admin transfer to Tirupati MOZAMBIQUE GRAPHITE Complete Tirupati transaction Admission of TGR shares DISCOVERY GOLD-COPPER Target Definition, inc. geophys STAVELY-STAWELL GOLD-COPPER Drilling - AC Drilling –
Slide 15: References
REFERENCES ASX BAT 2 May 2022 Coxs Find High Grade Gold ASX BAT 11 July 2022 Stavely-Stawell Update ASX BAT 27 September 2022 IP Commences at Stawell ASX BAT 21 November 2022 IP Defines Priority Targets at Stawell ASX BAT 3 April 2023 Completion of Tirupati Sale ASX BAT 17 May 2023 White Rabbit Maid
Slide 16: Disclaimer – Important Information
DISCLAIMER – IMPORTANT INFORMATION Forward Looking Statements Previously Reported Information • This announcement contains “forward-looking statements” within • The information in this presentation that relates to Mineral Resources in the • The information in this report that references previously r