Meryllion Resources Corp. · CSE:MYR
Meryllion Resources — Investor Presentation (March 2024)
26 slides from Meryllion Resources's investor presentation, March 2024
Slide 1: Exploring REE Critical Metals in Tasmania for EV + Tech
Exploring REE CriticalMetals in Tasmania for EV + Tech Mar 2024 CORPORATE PRESENTATION WWW.MERYLLIONRESOURCES.COM CSE: MYR
Slide 2: Forward-Looking Statements and Technical Information
FORWARD- LOOKINGSTATEMENTS AND TECHNICAL INFORMATION The information in this presentation has been prepared as at MAR 1, 2024. This presentation may contain “forward looking statements” and "forward-looking information" within the meaning of applicable securities laws, including statements regarding
Slide 3: Meryllion's Mission
MERYLLION’S MISSION Meryllion is a Canadian company with the mission to explore and develop critical mineral assets through progressive leadership, high standards, innovation, and collaborative partnerships for the benefit of present and future generations. Our Vision Meryllion will sustainably expl
Slide 4: Electric Vehicles: A Driver for Rare Earth Demand
ELECTRIC VEHICLES A Driver for Rare Earth Demand o An electric vehicle (EV)uses 1kg to 3kg of neodymium- iron- boron (NdFeB)magnets in standard drivetrain motors o Nd FeB magnets are in 93%of all electric vehicles.Tesla,GM,Ford,VW, Hyundai,Toyota and others build vehicles using these magnets o Every
Slide 5: Immediate REE Supply Crunch
IMMEDIATE REE SUPPLY CRUNCH Magnet REE Supply Will Grow 8% Per Annum Minimal to A strategic new source for rare earth is match demand needed outside of China. Source: Argue Media CSE:MYR MERYLLIONRES.COM 5
Slide 6: The Critical Role of Rare Earth Elements - Applications
THE CRITICALROLE OFRAREEARTHELEMENTS - APPLICATIONS AGRICULTURE AUTOMOTIVE AEROSPACE/ CHEMICALS/ HEALTHCARE ELECTRONICS POWER DEFENSE CATALYSTS GENERATION • Farm • Electric • Plane Motors • Optical- quality • MRI • Computer • Wind turbines equipment Vehicle Motors glass scanners screens • Submarines
Slide 7: ABx Tasmania Mining Discoveries
ABX TASMANIA MINING DISCOVERIES o ABx Resources, an adjacent ASX-listed peer, discovered Significant new REE resource – 2022. o 100% owned Deep Leads o Rubble Mound and Windbreak rare- earth projects, with potential to be a globally significant assets. o ABx recently announced new high-grade drillin
Slide 8: Meryllion Investment Highlights
MERYLLION INVESTMENT HIGHLIGHTS o High-Quality tenement portfolio o 100% owned by TSGM & WSR o Initial sampling grades up to 4,000 ppm TREO grades. (refer Appendix – Table 1 MYR Initial Sampling Results). o Meryllion has rights to earn a 100% interest. o Strong Insider ownership o Insider own 85% o
Slide 9: Solid Early REE Grades | On Trend to ABx
SOLID EARLY REE GRADES | ON TREND TO ABx • Field evidence from 2,800 ppm up to 4,000 ppm TREO including high-grade Neodymium, Turbium (Refer to Appendix Table 1) • Grade (some samples above 1,000 ppm Nd/Pr/Dy/Tb Tasmania oxides) (Refer to Appendix Table 1) • Early metallurgical studies by ABx sugges
Slide 10: Large Claim Block Holding Near ABx's Discovery
LARGE CLAIM BLOCK HOLDING NEAR ABx’S DISCOVERY Targeting NEW Ionic Clay Rare Earth Resources in Northern Tasmania Prospective Geology Comprising Alkali Basalts Jurassic Dolerite Alluvial Flats 1. Shallow clay layer – Al-rich- laterite & clays with dolerite grains 2. River gravel layers in a few plac
Slide 11: Experienced Management + Board
EXPERIENCED MANAGEMENT+BOARD Richard Revelins David Steinpreis Chuck John Forrest , Guy Charette Ian E Neilson (BSc MSc R.P. Geo Michael Kozub CEO + Director Non-Exec Chairman CPA, CA CFO Non-Exec Director MSEG MAIG MGSA): Chief Geologist Richard has over 35 years’ Ian E Neilson is a Registered Prof
Slide 12: Financial Snapshot
FINANCIALSNAPSHOT Capital Structure (CND in millions) Shares 42.1 m Share Price (Mar 1, 2024) $0.04 CAPITAL STRUCTURE as of Mar 1, 2024 Market Cap (at $0.04) $1.68 M Cash $0.20 M Shares Outstanding. 42 M Enterprise Value (EV) $1.48 M Warrants 8M Shareholder Chart Options 2M 14.72% Fully Diluted 52 M
Slide 13: Strategic Location – Town, Power, Rail
STRATEGIC LOCATION – TOWN, POWER, RAIL • The 100%owned 500(sq miles) Westbury + TSGM project • Power lines right at property – accessible power. Westbury + TSGM REE Project • Tasmania is punctuated with small towns Burnie and Devonport being the major mining centres, with a skilled workforce. • Port
Slide 14: Strong iREE Landscape Setting
STRONG IREE LANDSCAPE SETTING CSE:MYR MERYLLIONRES.COM 14
Slide 15: Deal Terms for REE Project
DEAL TERMS FOR REE PROJECT ▪ DD completed and option exercised January 24, 2023. ▪ Earn 50% ▪ i) spending AUD $300,000 (CAD $267,480) on exploration w/n 180 days of exercise ▪ ii) Commit to spend further AUD $200,000 (CAD $178,320) w/n further 90 days ▪ iii) Paying W/T seed investors AUD $100,000 (C
Slide 16: Project Timeline
PROJECTTIMELINE o Acquisition of o Soils Geochemistry o Exploration Drilling o Decision Point o Metallurgical Tasmania REE Program o AEM Program o Resource Drilling recovery project o Ground Mapping o Additional Surface testing o Corporate o Target Generation Geochemistry o Finance larger management
Slide 17: Funding Proceeds From Financing
FUNDING PROCEEDS FROM FINANCING STAGE 1: TARGET DEFINITION AND INITIAL DRILLING $ Initial Drilling (500m) $140,000 Assay & Reporting $50,000 $190,000 STAGE 2: DRILLING Reporting 50,000 Further Drilling - AC (110 p/meter) 550,000 Geochemical Assay 250,000 Logistics + Field Work 250,000 1,100,000 $1,2
Slide 18: Contact Exchange Listings
CONTACT EXCHANGE LISTINGS Richard Revelins, CEO TSX- V: MYR rrevelins@peregrinecorporate.com OTCQB: MYRLF Tel: +1-310-405-4475 Investor Relations jorge@jeminicapital.com Tel: +1-647-725-3888 x704 217 Queen Street West Suite 310 Toronto, ON M5V 0R2 Canada www.meryllionres.com 18
Slide 19: Appendix
M MERYLLION RESOURCES CORPORATION APPENDIX 19
Slide 20: Geology of a New REE Play
Geology of a new REE Play Along strike of a tremendous 6.5km size size new ionic/iREE Targeting NEW Ionic Clay Rare Earth Resources in Northern Tasmania discovery Targeting Key Geological ABx DEEP LEADS iREE Environments Prospective Geology & Key Corridors in Tasmanian Projects 20
Slide 21: New Ground Acquisition – Westbury Resources
New Ground Acquisition – Westbury Resources 21
Slide 22: REE Ionic Clay Projects
REE Ionic Clay Projects are rare but high grade o 2 out of 75 on British Geological Survey was ionic clay adsorption o With grade and lower cost potential recovery to quick production, it’s a solid reason why ABx’s discovery resulted in the excitement it did. 22 https://www2.bgs.ac.uk/hiTechAlkCarb/
Slide 23: Rare Earth Deposits Types
RARE EARTH DEPOSITS TYPES Type Where Notes Carbonatite Deposits China, Mongolia Carbonatite rocks are one of the most important sources of rare earth elements. These rocks are composed mainly of carbonate minerals (such as calcite and dolomite) and often contain significant concentrations of REEs. T
Slide 24: Exciting Discoveries in Tasmania Could Represent Significant Production
Mixed Chem Production (Tonnes REO) Country Ore Conc Conc Separation Oxides 140,000 China China China China 38,000 United States United States China China Exciting Myanmar, discoveries in 30,000 Myanmar Myanmar China China Tasmania could 25,000 Canada Canada Canada North America TBA represent 17,000
Slide 25: Table 1 – Meryllion Initial Sampling Results
Table 1 – Meryllion Initial Sampling Results • Rare earth element analyses were originally reported in elemental form but have been converted to relevant oxide concentrations as in the industry standard to: • TREO = La2O3 + CeO2 + Pr6O11+Nd2O3 +Sm2O3 + Eu2O3 + Gd2O3 + Tb4O7 + Dy2O3 + Ho2O3 + Er2O3 +
Slide 26: ABx Results From ASX Announcement Sept 27, 2023
ABx Results From ASX Announcement Sept 27, 2023 • Note – QP has been unable to verify the information that is presented in the ABx:ASX announcement Sept 27, 2023. • Results reported under the JORC code and may not qualify under NI-43-101. • The information is not necessarily indicative of the minera
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