Brazilian Rare Earths Limited · ASX:BRE
Brazilian Rare Earths — Investor Presentation (December 2023)
23 slides from Brazilian Rare Earths's investor presentation, Dec 22, 2023
Slide 1: A Leading Rare Earths Province
For personal use only A LEADING RARE EARTHS PROVINCE December 2023
Slide 2: Disclaimers
DISCLAIMERS The material in this presentation (“material”) is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase any security in Brazilian Rare Earths Limited (“BRE” or “Company”). Nor does it form the basis of any contract or commitment. BRE makes no re
Slide 3: Highlights
For personal use only HIGHLIGHTS 3 BRAZILIAN RARE EARTHS
Slide 4: Corporate Overview
HIGHLIGHTS CORPORATE OVERVIEW Capital Structure Ownership at IPO For personal use only Capital Structure Capital Structure1 Shares % Kuda Huraa Mining Ventures and Global Investments Corp 27,973,524 13% Ordinary Shares on issue 214.1 DITM Holdings Pty Ltd 24,577,875 11% Bernardo Sanchez Agapito da V
Slide 5: Highlights
HIGHLIGHTS HIGHLIGHTS For personal use only • We have secured ‘province’ scale landholdings that are highly prospective for rare earth and critical minerals - and have 1. World Class Rare Earths Province explored less than 5% to date • Our current JORC resources includes ionic clay rare earth minera
Slide 6: Highlights
HIGHLIGHTS HIGHLIGHTS • Control1 of ~1,410 km2 of highly prospective rare earth and critical mineral landholdings World Class Rare Earths Province • Acquisition of Rio Tinto project will secure dominant control over this world-class rare earth province For personal use only • JORC Resource of 510 Mt
Slide 7: Management
HIGHLIGHTS MANAGEMENT A Highly Experienced Team of Proven Mine Finders, Builders and Operators For personal use only • 20 years experience in mining and corporate finance • Previously Investment Banker with UBS Australia with M&A, ECM, and DCM experience MD & CEO Bernardo da Veiga • Last 10 years le
Slide 8: BRE: A New Rare Earths Province
For personal use only BRE: A NEW RARE EARTHS PROVINCE 8 BRAZILIAN RARE EARTHS
Slide 9: Brazil Is an Emerging Global Powerhouse
BRE’S RARE EARTH PROVINCE BRAZIL IS AN EMERGING GLOBAL POWERHOUSE Brazil is a Rising Global Force in Rare Earth Production For personal use only Critical source of rare earth supply Brazil hosts multiple provinces with IAC rare earths making it a critical source of future heavy rare earths supply BR
Slide 10: Bahia Investment Advantages
BRE’S RARE EARTH PROVINCE BAHIA INVESTMENT ADVANTAGES Mature Mining Jurisdiction For personal use only • Brazil is an advanced mining jurisdiction with a stable regulatory regime • Leading global mining companies have successfully operated in Brazil for decades including BHP, Vale, Anglo American, R
Slide 11: BRE Rare Earth Province
BRE’S RARE EARTH PROVINCE BRE Licence Areas BRE RARE EARTH PROVINCE For personal use only • BRE controls1 ~1,410 km2 of province-scale critical mineral properties • Airborne survey and ground geophysics indicate a massive trend of highly prospective geophysical anomalies 25.2mt @ 1% TREO • BRE has d
Slide 12: Transformative Acquisition
BRE’S RARE EARTH PROVINCE TRANSFORMATIVE ACQUISITION Strategic platform to accelerate resource growth with +57,000m core For personal use only • Acquisition of Rio Tinto project will secure dominant control over this recently discovered world-class rare earth province • Highly advanced exploration p
Slide 13: The High-Grade Monte Alto Project
BRE’S RARE EARTH PROVINCE THE HIGH-GRADE ‘MONTE ALTO’ PROJECT Monte Alto Project discovered in late 2022 – with exceptional new high-grade REE-Nb-Sc discovery For personal use only • Current Monte Alto resource (Q1-2023) is free dig, shallow, high- • Current shallow JORC inferred resource estimate o
Slide 14: Shallow Free-Dig Monazite Sand Deposit
BRE’S RARE EARTH PROVINCE SHALLOW FREE-DIG MONAZITE SAND DEPOSIT Current resource is a shallow, free-dig high-grade monazite mineral sand deposit – with a highly prospective For personal use only exploration opportunity for high-grade REE-Nb-Sc hard rock cumulate at depth Monte Alto Project – Cross
Slide 15: High Grade Monazite Sand Mineralisation
BRE’S RARE EARTH PROVINCE HIGH GRADE MONAZITE Modal Mineralogy Abundance SAND MINERALISATION For personal use only • The current Monte Alto resource is a shallow, weathered saprolite deposit that is free-dig and highly enriched with large-grain monazite sands • Metallurgical testwork confirmed a par
Slide 16: An Unprecedented REE-Nb-Sc Discovery
BRE’S RARE EARTH PROVINCE AN UNPRECEDENTED REE-Nb-Sc DISCOVERY High-grade REE-Nb-Sc hard rock outcrops and large corestones extend across the province For personal use only • 30 high-grade REE-Nb-Sc outcrops and large corestones discovered at surface / shallow depths across the Monte Alto project an
Slide 17: High Grade REE-Nb-Sc 'Source Rock'
BRE’S RARE EARTH PROVINCE HIGH GRADE REE-Nb-Sc ‘SOURCE ROCK’ • For personal use only High-grade REE-Nb-Sc mineralization discovered across 32 large hard rock outcrops and corestones – and intercepted with drilling at the Monte Alto deposit • Gravity and magnetic surveys over the Monte Alto project i
Slide 18: High Grade REE-Nb-Sc Cumulate Mineralisation
BRE’S RARE EARTH PROVINCE HIGH GRADE REE-Nb-Sc CUMULATE MINERALISATION For personal use only Up to 40.5% TREO DyTb: 3,365ppm NdPr: 71,380ppm Sc2O3: 269ppm Nb2O5: 1.5% U3O8: 5,250ppm 18
Slide 19: Monte Alto High Grade Exploration Corridor
BRE’S RARE EARTH PROVINCE MONTE ALTO HIGH GRADE EXPLORATION CORRIDOR For personal use only A Well-defined and highly prospective exploration corridor for high-grade REE-Nb-Sc hard rock targets at depth • A significant magnetic low anomaly linked to the REE source rock defines a highly prospective ex
Slide 20: Total JORC Resource
BRE’S RARE EARTH PROVINCE TOTAL JORC RESOURCE JORC Resource covers ~1% of licence Area For personal use only • JORC Resource based on ~10,000m of drilling to March 2023 • Since then, BRE has completed +19,000m of drilling (covering less than 5% of Licence Area) and BRE has acquired ~57,000m of Rio T
Slide 21: High Growth Development
BRE’S RARE EARTH PROVINCE HIGH GROWTH DEVELOPMENT For personal use only Creation Acquisition of 32 Initial drilling with 2 Drills to 4 Augers, Drills to 6 Augers +1 Maiden JORC 203% Maiden Monte Assay of Rio Tinto of BRE Exploration Auger Teams, 636m 2,768m drilled by Sonic Rig, 4,942m Resource dril
Slide 22: High Growth Opportunity
BRE’S RARE EARTH PROVINCE HIGH GROWTH OPPORTUNITY BRE’s track record of high growth supported with new data to +6x current assay results For personal use only Milestones Date Acquisition of foundation BRE tenements Q2-2021 Extensive analysis and interpretation of airborne/ground geophysical data to
Slide 23: For personal use only
For personal use only bdv@brazilianrareearths.com 23
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