Accelerate Resources Ltd. · ASX:AX8
Accelerate Resources — RIU Sydney Resources Round-up May 2024
16 slides from Accelerate Resources's conference presentation, May 7, 2024
Slide 1: Critical Metals Exploration in Western Australia
For personal use only Critical Metals Exploration in Western Australia May 2024 Imminent Maiden Drilling of the Prinsep Lithium Discovery
Slide 2: Important Notice and Disclaimer Forward Looking Statements
Important Notice and Disclaimer Forward Looking Statements Statements contained in this release, particularly those regarding possible or assumed future performance, costs, dividends, production levels or rates, prices, resources, reserves or potential growth of Accelerate Resources Limited, are, or
Slide 3: Corporate Snapshot
Corporate Snapshot Advanced Critical Metals Exploration in Western Australia For personal use only AX8 610M ASX CODE SHARES ON ISSUE $0.05 285M Share Price OPTIONS, PERFORMANCE RIGHTS & PERFORMANCE SHARES A$2.55M1 $30M2 CASH MARKET CAP 1 Cash balance as of 31 March 2024 2 Market capitalisation as at
Slide 4: Experienced Board and Management
Experienced Board and Management Richard Hill Luke Meter For personal use only Non-Executive Chairman Chief Executive Officer Commercial geologist with 25 years’ experience in the resources Experienced geologists with 18 years of active exploration, industry. He has performed roles as in house lawye
Slide 5: AX8 Investment Proposition
AX8 Investment Proposition Why invest in Accelerate Resources now? ✓ Current focus on advancing Karratha Lithium Projects – For personal use only approx. 85sqkm of tenements located nearby to the mining centres of Karratha, Dampier and Roebourne ✓ Prinsep Project is a significant new high-grade lith
Slide 6: Lithium and Manganese use in EV Batteries
Lithium and Manganese use in EV Batteries Critical metals for the clean energy transition Lithium (Li) For personal use only • 643,000+ metric tons Supply in 2022. • 2.14 million metric tons1 By 2030 • Global demand is expected to increase seven-fold by 2030. • Driven by rising demand of electric ve
Slide 7: Karratha Lithium Projects
Karratha Lithium Projects Right address and right commodity For personal use only Transformational Acquisition in emerging major West Six Mile Project Pilbara lithium province with (ASX: AX8 – 75% drill ready targets Prinsep Lithium Project New discovery with high (ASX: AX8 – 100% grade spodumene ri
Slide 8: Prinsep lithium discovery
Prinsep Lithium Project • New high grade lithium discovery consisting of at least two parallel zone of spodumene- For personal use only rich pegmatite. • Northen mineralised pegmatite mapped over 1,800m in strike with outcrop widths up to 60m wide over 1,200m. • Southern mineralised pegmatite system
Slide 9: Prinsep northern pegmatite mineralisation continuity
Prinsep Lithium Project For personal use only • Strong mineralisation continunity confirmed over Prinsep northern pegmatite trend. • Continuous mineralisation defined across whole 45 - 60 metre outcrop width over a strike length of 650m. • 42 Rock Samples collected every 5 metres on north-south trav
Slide 10: Prinsep maiden drill campaign
Prinsep Lithium Project For personal use only • Prinsep maiden drill campaign to focus on know 1,500m high-grade northern pegmatite trend. • Initial drill program will consist of up to 48 RC drill holes for 3,500m. • Main zone will initially be drilled on 80m spaced lines. • Additional orientation d
Slide 11: Prinsep Spodumene Bearing pegmatite
Prinsep Lithium Project – Spodumene Bearing For personal use only Prinsep spodumene bearing pegmatite sample under white and UV light – spodumene has an orange fluorescence 11 Accelerate Resources Limited | ASX:AX8 | RIU Sydney Resources Round-up May 2024
Slide 12: Karratha Lithium Projects – Exploration Upside
Karratha Lithium Projects – Exploration Upside • Extensive soil sampling program For personal use only Interpreted Mineralised Pegmatite Trend Lines completed in early May 2024 across highly prospective corridors within the Prinsep, Mt Sholl East and Roebourne South projects. • In conjunction with m
Slide 13: Woodie Woodie North Manganese Project
Woodie Woodie North Manganese Project High-Grade Mineral Resource with significant exploration upside For personal use only 70km to Woodie Woodie Manganese Mine 240km to Port Hedland (Bulk Commodity 30km Port) to sealed road 570km2 of prospective geology 10km to Gas Pipeline 13 Accelerate Resources
Slide 14: Woodie Woodie North Maiden Inferred Mineral Resource Estimate
Woodie Woodie North Manganese Project Maiden Inferred Mineral Resource Estimate 1.2 Mt at 19.1 % Mn (15% Mn cut-off) For personal use only Near Term Exploration Target 5.3 Mt – 10.7 Mt at 10% - 19% Mn JORC Tonnes Area % Mn % Fe % SiO2 % Al2O3 %P Classification (Mt) Area 1 Inferred 0.04 17.2 14.6 25.
Slide 15: Near-Term Value Catalysts
Near-Term Value Catalysts ✓ Imminent maiden drill program to commence at For personal use only the Prinsep Lithium Project. ✓ Rapid progression from first drill hole to resource and mining license application ✓ Strong pipeline of exploration currently underway across Karratha Lithium Projects - incl
Slide 16: Contact Us
Contact Us For personal use only Luke Meter Chief Executive Officer P: (+61) 08 6248 9663 E: lukem@Ax8.com.au Office Address Ground Floor 1/16 Ord Street, West Perth WA 6005 Website www.ax8.com.au 16 Accelerate Resources Limited | ASX:AX8 | RIU Sydney Resources Round-up May 2024
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