Slide 1: Advanced Exploration into New Mafic Ni-Cu-PGE and BHT Provinces in WA
For personal use only DALAROO METALS – AGM PRESENTATION ADVANCED EXPLORATION INTO NEW MAFIC NICKEL-COPPER-PGE & BROKEN HILL TYPE PROVINCES IN WESTERN AUSTRALIA AGM PRESENTATION, 8 DECEMBER 2021
Slide 2: Disclaimer
DALAROO METALS – AGM PRESENTATION DISCLAIMER For personal use only The information contained in this Presentation and all other information provided (whether in writing or otherwise) is confidential and has been prepared to assist the recipient in evaluating the business and prospects of Dalaroo Met
Slide 3: Investment Attributes
DALAROO METALS – AGM PRESENTATION INVESTMENT ATTRIBUTES For personal use only EXPLORING NEW MAFIC NICKEL-COPPER-PGE & BHT PROVINCES IN WA FIRST MOVER ADVANTAGE CLEAR STRATEGY FOR VALUE CREATION Namban Ni-Cu-PGE and Lyons River Pb-Zn-Cu-Ag Two projects with multiple high quality drilling projects occ
Slide 4: Corporate Overview
DALAROO METALS – AGM PRESENTATION CORPORATE OVERVIEW ASX:DAL For personal use only Board & Management 54M 13M A$0.135 Ordinary Shares Options (Unlisted) Share Price (close 7 December 2021) DAVID QUINLIVAN Chairman A$7.3M $5.11M nil Market Cap Cash Balance Debt (30 September 2021) (30 September 2021)
Slide 5: High Quality Assets, Tier 1 Jurisdiction, WA
DALAROO METALS – AGM PRESENTATION HIGH QUALITY ASSETS TIER 1 JURISDICTION, WA For personal use only 1. Namban Project: Mafic Ni-Cu-PGE • Large unexplored ground package (437 km2) located in the mid-north wheatbelt, prospective for magmatic intrusion related Ni-Cu-PGE (Platinum Group Metal) deposits
Slide 6: Namban Project (Ni-Cu-PGE): Highly Prospective Location
DALAROO METALS – AGM PRESENTATION 1. NAMBAN PROJECT (Ni-Cu-PGE) For personal use only HIGHLY PROSPECTIVE LOCATION • Major tenement pegging activity since April 2020 and increased levels of exploration now underway in this new Ni-Cu-PGE prospective terrane • Ground position dominated by Chalice Minin
Slide 7: Namban Project: Setting Similar to Julimar
DALAROO METALS – AGM PRESENTATION 1. NAMBAN PROJECT (Ni-Cu-PGE) For personal use only SETTING SIMILAR TO JULIMAR • 100% unexplored ground package held since 2016 that’s prospective for magmatic intrusion related Ni-Cu-PGE deposits in the Jimperding Metamorhic Terrane in the mid- north wheat belt • T
Slide 8: Namban Project: Multiple Magnetic/Radiometric Targets and PGE-Ni-Cu Anomaly
DALAROO METALS – AGM PRESENTATION 1. NAMBAN PROJECT (Moora Area) For personal use only MULTIPLE MAGNETIC/RADIOMETRIC TARGETS AND STRONG PGE-Ni-Cu ANOMALY OUTLINED • Tenements cover a strike distance of 60 km, adjacent to the crustal scale Darling Fault, on the western margin of the Archaean Yilgarn
Slide 9: Namban Project: High-Order PGE Results
DALAROO METALS – AGM PRESENTATION 1. NAMBAN PROJECT (Moora Area) For personal use only HIGH-ORDER PGE* RESULTS • Cattady PGE-Ni-Cu anomaly with PGE values of up to 97ppb and peak anomalous values of 642 ppm Ni and 226 ppm Cu defined over a 1km strike length. This emerging anomaly remains open along
Slide 10: Namban Project: Multiple Magnetic and Radiometric Targets Outlined
DALAROO METALS – AGM PRESENTATION 1. NAMBAN PROJECT (Moora Area) For personal use only MULTIPLE MAGNETIC AND RADIOMETRIC TARGETS OUTLINED • Structural and coincident “radiometric lateritic” signatures evident in Dalaroo’s Moora area UAV magnetics survey results along with interpreted NW structures/t
Slide 11: Lyons River Project: First Mover Advantage
DALAROO METALS – AGM PRESENTATION 2. LYONS RIVER PROJECT (Pb-Zn-Cu-Ag) For personal use only FIRST MOVER ADVANTAGE • Location: 200 km ENE of Carnarvon, WA - in the Paleoproterozoic Morrisey Complex • Tenure: 703 km2 tenement package (7 granted ELs) • Ownership: Dalaroo Metals Ltd - 100% 11
Slide 12: Lyons River: Geological Setting and Historical Exploration
DALAROO METALS – AGM PRESENTATION 2. LYONS RIVER PROJECT (Pb-Zn-Cu-Ag) For personal use only GEOLOGICAL SETTING – HISTORICAL EXPLORATION • Proterozoic age folded sedimentary basin in the Mutherkin Zone, Gascoyne Province • Anomalous Pb-Zn and Ba zones outlined from reconnaissance (BHP) and systemati
Slide 13: Lyons River: Sweet Spot Location for SEDEX/BHTs
DALAROO METALS – AGM PRESENTATION 2. LYONS RIVER PROJECT (Pb-Zn-Cu-Ag) For personal use only ”SWEET SPOT” LOCATION FOR SEDEX/BHTs • Geoscience Australia April 2019 study (Czarnota et al), using surface wave tomography and a parameterisation for anelasticity at seismic frequencies shows 85% of world’
Slide 14: Five Surface Geochemical Targets Identified
DALAROO METALS – AGM PRESENTATION 2. LYONS RIVER PROJECT (Pb-Zn-Cu-Ag) For personal use only FIVE SURFACE GEOCHEMICAL TARGETS IDENTIFIED • Browns: 2km x 1km Pb-Zn soil and rock chip anomaly (peak Pb & Zn values over 1000ppm) • Crawfords: 3km X 2km Pb-Zn-Mn soil anomaly • Moondyne:2km X 1km Pb-Zn soi
Slide 15: EIS Diamond Drilling Intersects SEDEX/BHT Mineralisation
DALAROO METALS – AGM PRESENTATION 2. LYONS RIVER PROJECT (Four Corners) For personal use only EIS DIAMOND DRILLING INTERSECTS SEDEX/BHT MINERALISATION • Diamond hole LRDD003 assays returns promising anomalous lead and zinc zones including a higher- grade intersection of 0.2m of 3.05% Pb, 1.37% Zn an
Slide 16: Maiden RC Drilling Programme Completed
DALAROO METALS – AGM PRESENTATION 2. LYONS RIVER PROJECT (Four Corners) For personal use only MAIDEN RC DRILLING PROGRAMME COMPLETED • Eight holes drilled for 1,989m testing: o Extensions to primary lead and zinc sulphide mineralisation intersected in recent EIS funded diamond drill hole LRDD003 (0.
Slide 17: Gravity Surveys at Four Corners and Browns Prospects
DALAROO METALS – AGM PRESENTATION 2. LYONS RIVER PROJECT For personal use only GRAVITY SURVEYS AT FOUR CORNERS & BROWNS PROSPECTS • Gravity surveys completed at line spacing of 200m and station spacing of 50m during September quarter 2021 • Designed to provide a better understanding of the structura
Slide 18: Key Achievements Since Listing
DALAROO METALS – AGM PRESENTATION KEY ACHIEVEMENTS SINCE LISTING For personal use only September 2021 November 2021 October 2021 ASX November 2021 Maiden RC December 2021 Trading Drilling Lyons Maiden completed River High - magnetic at Lyons Drilling order PGE survey River. Results results at identi
Slide 19: Upcoming Newsflow 2022
DALAROO METALS – AGM PRESENTATION UPCOMING NEWSFLOW 2022 NEWS FLOW For personal use only Project Q1 Q2 Q3 Q4 Namban CROPPING SEASON - LIMITED ON GROUND ACCESS Infill and extension Auger Ground EM and 2,000m RC Cattady Anomaly geochemical sampling. 2,000m RC drilling and or diamond drilling. 3,000m A
Slide 20: Investment Attributes
DALAROO METALS – AGM PRESENTATION INVESTMENT ATTRIBUTES For personal use only EXTENSIVE LICENSES 13 exploration licences covering 1,140km2 over both projects with the scale to host significant ore bodies FIRST MOVER ADVANTAGE Lyons River Promising primary base metal sulphides intersected in in EIS f
Slide 21: For Further Information
For personal use only DALAROO METALS – AGM PRESENTATION FOR FURTHER INFORMATION Harjinder Kehal T: 08 6380 9675 M: +61 400 044 890 E: hkehal@dalaroometals.com.au
Slide 22: Board/Management
DALAROO METALS – AGM PRESENTATION BOARD/MANAGEMENT For personal use only DAVID QUINLIVAN HARJINDER KEHAL ROBERT BEECK DAVID PETERSON Bapp Science, Min Eng, Grad Dip Fin BSc (Hons), MMEC, MAIG, MAusIMM MBA MAusIMM BA (Accounting), CPA, FGIA Serv, Fellow AusIMM, FFINSA, MMICA Managing Director Non-Exe
Slide 23: Appendix – Namban Project
DALAROO METALS – AGM PRESENTATION APPENDIX 1 – NAMBAN PROJECT For personal use only 23
Slide 24: Namban - Watheroo Chonolith
DALAROO METALS – AGM PRESENTATION NAMBAN - WATHEROO CHONOLITH For personal use only • Significant mafic intrusion covering an area of 5 km X 2 km located at Yilgarn Craton/crustal Darling Fault boundary. LARGE IGNEOUS Prospective for Ni-Cu chonolith type deposits recognised in INTRUSION, NAMBAN 2017
Slide 25: Namban - Longreach
DALAROO METALS – AGM PRESENTATION NAMBAN - LONGREACH For personal use only • “BULLSEYE” magnetic anomaly • Covers an area of 1.2 km x 0.4km • Possible mafic intrusion prospective for Ni-Cu deposits on the northern edge of Namban granite • Largely unexplored. First pass soil sampling over some of the
Slide 26: Namban - Three Springs Area
DALAROO METALS – AGM PRESENTATION NAMBAN - THREE SPRINGS AREA For personal use only • Granted exploration licence, covers 80 square kilometres. Located approximately 250 kilometres north of Perth, within the northern Wheatbelt of Western Australia • Geological Survey of Western Australia 1:250 000 P
Slide 27: Gahnite Cluster Positive for BHT Deposits
DALAROO METALS – AGM PRESENTATION GAHNITE CLUSTER POSITIVE FOR BHT DEPOSITS For personal use only Gascoyne Province gahnite stream sediment sampling map Gahnite - zinc aluminium oxide is one of the rarer members of the spinel group of minerals; presence of gahnites is interpreted as occurring distal
Slide 28: Strong Comparison Characteristics
DALAROO METALS – AGM PRESENTATION STRONG COMPARISON CHARACTERISTICS Deposit Characteristics - Lyons River “vs” World class BHT / SEDEX’s For personal use only Lyons River Broken Hill Mt Isa Cannington Rampura Agucha 280 Mt @ 8.5% Zn, 10.0% Pb, 45 Mt @ 4.4% Zn, 11.1% Pb, 64 Mt @ 13.6% Zn, 1.9% Pb, Re
Slide 29: Appendix – Namban Potash (Hard Rock) Project
DALAROO METALS – AGM PRESENTATION APPENDIX 3 – NAMBAN POTASH (HARD ROCK) PROJECT For personal use only 29
Slide 30: Namban Project (Potash)
DALAROO METALS – AGM PRESENTATION NAMBAN PROJECT (POTASH) For personal use only • Project area located two hours north from Perth and within 2km of major road/rail corridor and regional power grid. It is adjacent the major population and service centre of Moora • 135 km2 of granted Exploration Licen
Slide 31: Potash Exploration Target Outlined
DALAROO METALS – AGM PRESENTATION POTASH EXPLORATION TARGET OUTLINED For personal use only • Near surface potash rich zone outlined over 2 km strike with an Exploration Target of 20 to 50 Mt at a grade range of 6% to 7% K20 outlined. • 63 vertical AC & RC holes, totalling 1,800m completed WA_119: 8.
Slide 32: Potash Development Opportunity
DALAROO METALS – AGM PRESENTATION POTASH DEVELOPMENT OPPORTUNITY For personal use only • Project area lies within Namban tenement package • Potash rich zone adjacent rail & road network, HV power grids & communication networks • Hard rock source – enabling conventional exploration and evaluation of