Union Star Metals Ltd · ASX:USM
Union Star Metals — PVW Resources — Investor Presentation (July 2024)
24 slides from Union Star Metals's investor presentation, July 2024
Slide 1: Unlocking the Next Rare Earths Discovery
UNLOCKING THE NEXT RARE EARTHS DISCOVERY July 2024 ASX : PVW PVW RESOURCES | JULY 2024
Slide 2: Disclaimer
DISCLAIMER PVW Resources ACN 124 541 466 forward-looking statements contained in this announcement Exploration Update”, dated 7 December 21 titled “Mineralogy will actually occur, and investors are cautioned not to place confirms Heavy Rare Earths at Tanami are Xenotime” and The material in this pre
Slide 3: Board and Management
BOARD AND MANAGEMENT GEORGE BAUK DAVID WHEELER COLIN MCCAVANA JOE GRAZIANO NON-EXECUTIVE CHAIRMAN NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR COMPANY SECRETARY • An experienced executive/director with 30 years • David has more than 30 years of Senior Executive • Colin has over 40 years’ experience
Slide 4: Overview of the Proposed Transaction
OVERVIEW OF THE PROPOSED TRANSACTION Acquisition of Portfolio of tenements prospective for Ionic Clay Rare Earths in Brazil Key terms and conditions and issues 1. PVW to acquire 100% Brazilian registered company Scanty Mineracao Ltda (“Scanty”) 2. 11 Projects covering ~952km2 in north, south, and we
Slide 5: Board and CEO comments on Brazilian acquisition
Non-Executive Chair, George Bauk stated … “The PVW Board sees the acquisition of Brazilian REE projects as a key opportunity for global growth in the critical minerals sector. Subject to Shareholder approval of the acquisition, we look forward to appointing Luis Azevedo, an experienced Brazilian min
Slide 6: Proposed New Board and Team Members
PROPOSED NEW BOARD AND TEAM MEMBERS LUIS AZEVEDO CELESTE QUEIROZ NON-EXECUTIVE DIRECTOR COUNTRY MANAGER, BRAZIL • Subject to Shareholder approval of the Acquisition Luis Azevedo will • Celeste Queiroz is to be appointed as PVW Resources' Country join PVW Resources' board. Manager, Brazil, leveraging
Slide 7: Our REE Expertise
OUR REE EXPERTISE Our REE experts, who were involved in the discovery and development of Globally significant projects; Browns Range (WA), Nolans (NT) and Kangankunde (Malawi) REE deposits and led Northern Minerals from greenfields exploration to production Ready, capable and willing to do it again.
Slide 8: Our ESG Capability
OUR ESG CAPABILITY Health, safety, and environmental standards At PVW, we are committed to upholding the highest environmental, safety and health standards in all aspects of our operations. Our track record of consistently exceeding the expectations of both the communities within we work, and the re
Slide 9: Rare Earths Are Critical to Many Industries
RARE EARTHS ARE CRITICAL TO MANY INDUSTRIES Our future depends on them ► Rare Earths are critical to green and clean ► They play an important role in: energy technology – Renewable Energy ► For example, permanent magnets are a critical – Defence component in efficient electric motors: – Glass and ce
Slide 10: Rare Earths Are Vital to the New World
RARE EARTHS ARE VITAL TO THE NEW WORLD PVW RESOURCES | JULY 2024 10
Slide 11: Corporate Overview: Current
CORPORATE OVERVIEW: CURRENT Shares Share Market Cash on issue Price* capitalisation* at bank* 102.2m 2.5 cents $2.5m $1.8m Share price performance (ASX:PVW) Top shareholders Top 100 own 62.6% Jason Peterson 6.57% Lind Partners 5.52% Board 5.35% Other 82.56% 0 20 40 60 80 100 *As at 24th July 2024 PV
Slide 12: Corporate Pro-Forma Capital Structure
CORPORATE PRO-FORMA CAPITAL STRUCTURE Shares on Issue 102,204,778 Placement Shares* @ A$0.02 50,000,000 Vendor Shares 40,000,000 Total Shares on issue after transaction 192,204,778 Performance Rights on Offer 5,050,000 Performance Rights to Vendor 120,000,000 Total Securities 317,254,778 Net Cash A$
Slide 13: Purchase Terms
PURCHASE TERMS PVW Resources has agreed to acquire Scanty under specific 2. Completion conditions: terms outlined in the Purchase Agreement: • Completion of the Acquisition is subject to PVW's 1. Key terms of Acquisition: satisfaction with due diligence on the Brazil Projects. • PVW paid an exclusiv
Slide 14: Brazil Rare Earth Project
BRAZIL RARE EARTH PROJECT PVW RESOURCES | JULY 2024
Slide 15: Central and Southern Brazil in the REE Zone
CENTRAL AND SOUTHERN BRAZIL IN THE REE ZONE ► Long history of Brazilian research, exploration and mining of Carbonatite and their related products. In-country expertise: – Detailed knowledge of carbonatite and Alkaline intrusive complex’s. (Lithium) – Detailed knowledge of the regolith geochemistry
Slide 16: Modern Exploration to Aid Targeting
MODERN EXPLORATION TO AID TARGETING ► Scanty Brazil, the Future Mining Team, in conjunction with GE21 consultants have done the research, the initial field work and targeting specifically for IAC REE mineralisation including: – Application of detailed knowledge of carbonatite and Alkaline intrusive
Slide 17: Landforms – Important for IAC Preservation
LANDFORMS – IMPORTANT FOR IAC PRESERVATION ► Geomorphology – important consideration for area selection and target selection. – Moderate relief and well drained – Capao Bonito, Sguario and Carambei are prime examples of the right landforms for preservation of the saprolite profile which can host IAC
Slide 18: Underexplored Projects
UNDEREXPLORED PROJECTS ► Site visits confirm the weathering profile and saprolite components are as expected – thick and intense. PVW RESOURCES | JULY 2024 18
Slide 19: Australia Tanami Rare Earth Project
AUSTRALIA TANAMI RARE EARTH PROJECT AUSTRALIA AUSTRALIA TANAMI TANAMIRARE RAREEARTH EARTHPROJECT PROJECT We acknowledge the Tjurabalan people, traditional We acknowledge the Tjurabalan people, traditional custodians of the land on which the project is based giving custodians of the land on which the
Slide 20: Tanami – Heavy Rare Earths in Western Australia
TANAMI – HEAVY RARE EARTHS IN WESTERN AUSTRALIA ► ~1,220km2 project, majority with limited exploration. ► Systematic testing of key targets, only 60% of the highly prospective contact/unconformity explored. ► Located within 15km of the Tanami Road – major upgrade underway , Coyote Deposit (ASX:BC8)
Slide 21: Exploration
EXPLORATION Exploration for HURREE Watts Rise and Castella RC drilling 10,727m. Regional air-core drilling less than 12km of 18km prospective strike tested with 16,206m of shallow drilling. Other exploration completed to inform exploration targeting: ► Watts Rise and Castella ground gravity surveys.
Slide 22: RC Drilling – Positive Results and New Concepts
RC DRILLING – POSITVE RESULTS AND NEW CONCEPTS ► RC drilling results at Watts Rise provided high grade gold in the same system as TREO results. ► Mapping located breccia zone, an untested target at depth where it interacts with Pargee St / Killi Fm. ► Relationship between breccia/REE/gold requires D
Slide 23: RC Drilling – High Grade Gold Results
RC DRILLING – HIGH GRADE GOLD RESULTS 2022 RC drilling results High Grade results. Open at depth and open along strike. Results include: – 13m @ 3.72 g/t Au from 79m, incl. 2m @ 12.97 g/t Au from 79m, and incl. 1m @ 11.55 g/t Au from 83m – 14m @ 1.08 g/t Au from 64m, incl. 1m @ 6.81 g/t Au from 76m
Slide 24: Thank You
THANK YOU Scan here to join our mailing list Contact Media Enquiries PVW Resources Limited Alistair Stephens George Bauk L3, 101 St Georges Terrace T: +61 (0)488 992 544 T: +61 (0)408 931 746 Perth WA, 6000 E: alistair.stephens@pvwresources.com.au E: george@totode.com.au PO Box 300 pvwresources.com.