Metalstech Ltd · ASX:MTC

Metalstech — Investor Presentation (September 2021)

29 slides from Metalstech's investor presentation, Sep 8, 2021

  1. Slide 1: The Next Frontier for Lithium

    THE NEXT FRONTIER FOR LITHIUM High quality spodumene concentrate, suitable for conversion for battery applications. INVESTOR PRESENTATION ASX:WR1 | September 2021

  2. Slide 2: Important Information

    Important Information This presentation has been prepared and issued by Winsome Resources Limited (the “Company") to inform interested parties about the Company and its progress. The material contained in this presentation sets out general background information on the Company and its activities. It

  3. Slide 3: Global market trends and demand

    1. Global market trends and demand Lithium on the US & Canadian critical mineral list – currently trends show that 7 - 9 times more lithium is needed by 2030 to meet global demand for battery manufacturing North America focusing on internal supply chains and downstream processing and to reduce relia

  4. Slide 4: Lithium supply and demand

    2. Lithium supply and demand The battery value chain has significant social, Battery production has a significant Green House environmental and integrity issues - almost 99% of the Gas (GHG) footprint – Lithium chemicals heavily world’s lithium reserves are in Australia, Argentina, contribute to thi

  5. Slide 5: Canada's critical minerals list 2021

    Canada’s critical minerals list 2021 Manganese Magnesium Molybdenum Nickel Platinum group metals Indium Essential to Canada’s economic security Potash Helium Rare Earth Graphite elements Germanium Scandium Gallium Fluorspar Required for Canada’s transition to a Tellurium low-carbon economy Copper Ti

  6. Slide 6: Investment highlights

    3. Investment highlights Canadian hard-rock lithium assets in Exceptional grades of up to 3.7% Li20 Access to hydropower – cheapest Flagship Cancet project has had Northern Quebec- highly developed with coarse grains amenable to Dense and cleanest globally, while outstanding previous drilling succes

  7. Slide 7: Portfolio overview

    4. Portfolio overview N Cancet Exploration Target 15-25Mt @ 1-2%Li20 0 100k Adina m Eleonore Gold Mine • Current portfolio comprises permits for: Rose (Critical Elements) 37.2Mt @ 0.94% Li2O • Cancet CANADA Quebec • Sirmac-Clapier James Bay Nemiscau Mobian (Perilya/SOQUEM) • Adina (Galaxy) 12.25Mt @

  8. Slide 8: Assay results

    5. Assay results Ta2O From To Interv Li2O 5 DDH ID Comments (m) (m) al (m) (%) (ppm ) MTC17- 9.00 14.08 5.08 2.63 298 4.89% Li2O assay high 002 MTC17- 4.02 5.00 0.94 1.78 140 009 MTC17- 4.00 8.00 4.00 1.09 65 010 Incl. 50.00 56.00 6.00 1.72 545 4.50% Li2O assay high MTC17- 1.00 4.00 3.00 2.93 130 01

  9. Slide 9: Indicative timeline to IPO and share structure

    6. Indicative timeline to IPO and share structure Initial Public Offering Indicative Share Structure Number of Funds Number of Funds May Aug Sept Oct Nov Price Price Shares (Min) Raised Shares (Max) Raised 2021 2021 2021 2021 2021 Announce LRC Deal Shares Issued to 45,000,000 45,000,000 MetalsTech o

  10. Slide 10: Experienced team

    7. Experienced team Chris Evans Dr Qingtao Zeng Justin Boylson Peter Youd Managing Director Director (Non-Executive) Director (Non-Executive) CFO & Company Secretary Mr Evans has a strong Lithium Mr Boylson is an experienced Peter is a senior finance Dr Zeng completed a PhD in background with close

  11. Slide 11: Resource and exploration indicative timetable

    8. Resource and exploration indicative timetable EXPLORATION DRILLING CANCET DRILLING RESOURCE DEVELOPMENT Summer Field Work SCOPING STUDY JULY 2021 AUG 2021 SEPT 2021 OCT 2021 NOV 2021 DEC 2021 H1 2022 H2 2022 H1 2023 ASX:WR1 | INVESTOR PRESENTATION 11

  12. Slide 12: Investment summary

    9. Investment summary Hard rock asset North American opportunity Demand deficit Timing, location and commodity - Quebec rated in top 5 jurisdictions Adoption of EVs around the globe coming out of bottom of Lithium for mining by Fraser Institute and means Lithium and Tantalum are cycle – ideal time t

  13. Slide 13: ASX:WR1

    ie Resources ASX:WRI PERTH OFFICE Unit 34, Level 5, 123B Colin Street West Perth WA 6005 Chris Evans M +61 419 853 904 E cevans@winsomeresources.com.au

  14. Slide 14: Appendices

    nN bal C 2008058816

  15. Slide 15: Cancet lithium project

    Cancet lithium project Cancet Cancet Drill Patterns overlaid on known Pegmatite trend ASX:WR1 | INVESTOR PRESENTATION 15

  16. Slide 16: Cancet lithium project: Geological Modelling

    Cancet lithium project Geological Modelling Plan Looking NE Looking North ASX:WR1 | INVESTOR PRESENTATION 16

  17. Slide 17: Cancet lithium project: Geological Modelling

    Cancet lithium project Geological Modelling ASX:WR1 | INVESTOR PRESENTATION 17

  18. Slide 18: Cancet lithium project: Geological Modelling Section

    Cancet lithium project Geological Modelling Section 5 ASX:WR1 | INVESTOR PRESENTATION 18

  19. Slide 19: Cancet lithium project: Geological Modelling Section

    Cancet lithium project Geological Modelling Section 10 ASX:WR1 | INVESTOR PRESENTATION 19

  20. Slide 20: Further exploration potential

    Further exploration potential Cancet • Additional targets identified to the West and East • Potential to significantly increase Lithium tonnage ASX:WR1 | INVESTOR PRESENTATION 20

  21. Slide 21: Further exploration potential

    Further exploration potential Cancet • Total Strike approximately 6km • Secondary staked areas hosted in Gneiss, with outcrop exposed at surface • Remote sensing as well as Magnetic Survey identify multiple new target areas ASX:WR1 | INVESTOR PRESENTATION 21

  22. Slide 22: Outstanding metallurgy

    Outstanding metallurgy Metallurgical testing demonstrates battery grade spodumene concentrate could be produced using simple low cost DMS gravity separation Drill Core Metallurgy • Metallurgical test work on 100kg composite drill core sample confirms high grade spodumene in the pegmatite ore body at

  23. Slide 23: Quality metallurgy

    Quality metallurgy Cancet HLS beneficiation on -10+1mm composite drill core sample ASX:WR1 | INVESTOR PRESENTATION 23

  24. Slide 24: Adina lithium project

    Adina lithium project Adina • 60km south of the Mirage Lodge, James Bay Area, Quebec • Outcropping pegmatites • Mapped in 2016, drilled 2018 • Li2O grades of 1.58%, 1.67%, 2.43%, 1.79%, 3.12% and 2.08% from surface • Co-development opportunity with Cancet ASX:WR1 | INVESTOR PRESENTATION 24

  25. Slide 25: Successful maiden drilling

    Successful maiden drilling Adina • 2km potential strike indicated by pegmatite ridge • 10 holes covering 1,726 m was completed during the winter of 2018 • Returned several well- mineralised albeit narrow intervals of mineralisation • Additional field prospecting and mapping is warranted for Adina as

  26. Slide 26: Confirmed prospectivity

    Confirmed prospectivity Adina AD18-001: 3.2m @ 1.45% Li2O from 95.89m to 99.09m AD18-002 3.89m @ 1.40% Li2O from 8.78m to 12.67m AD18-003 0.92m @ 1.85% Li2O from 87.06m to 87.98m; and 4.42m @ 1.42% Li2O from 92.80m to 97.22m AD18-004 3.37m @ 1.32% Li2O from 40.63m to 44.00m AD18-005 8.02m @ 1.27% Li

  27. Slide 27: Sirmac-Clapier lithium project

    Sirmac-Clapier lithium project Sirmac-Clapier • 67 claims for 3,400 ha • Outcropping high-grade lithium hosted in spodumene- bearing pegmatites • Located less than 3km from an existing high grade deposit grading 2.04% Li2O owned by Vision Lithium Inc. (TSX.V: VLI) • Road and power infrastructure tra

  28. Slide 28: About Lithium Royalty Corporation (LRC)

    About Lithium Royalty Corporation (LRC) LRC overview • Dedicated Battery Minerals Investor • Recently raised USD $70M, backed by Riverstone Holdings LLC • Winsome Strategic Investment: • A$6.65M for 3-4% Royalty • A$3M into IPO • Board and North American Strategic Support ASX:WR1 | INVESTOR PRESENTA

  29. Slide 29: ASX Compliance Statement

    ASX Compliance Statement In preparing this presentation dated 8 September 2021, the Company has relied on the announcements previously made by the Company and disclosed below. The Company confirms that it is not aware of any new information or data that materially affects those announcements previou

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