Critical Resources Ltd · ASX:CRR
Critical Resources — RIU Sydney Resources Round-up 2024
22 slides from Critical Resources's conference presentation, May 8, 2024
Slide 1: RIU Sydney Resources Round-up - Presentation
ASX Announcement 8 May 2024 RIU Sydney Resources Round-up - Presentation Lithium exploration and project development company Critical Resources Limited ASX:CRR (“Critical Resources” or “the Company”) advises of its participation at the RIU Sydney Resources Round-up conference being held this week in
Slide 2: RIU Sydney Resources Round-up
ASX : CRR RIU Sydney Resources Round-up Booth 24 8 May 2024
Slide 3: Strategic Highlights
Strategic Highlights Ontario provides supportive Provincial and Federal Governments – plus potential access to US Government initiatives The Right Place Unprecedented investment into North American electric vehicle supply chains Exceptional location, high- Project location and existing infrast
Slide 4: Corporate Snapshot
Corporate Snapshot Board of Directors Alex Cheeseman Managing Director 20+ years leadership and management across projects and operations. 7 Capital Structure years dedicated to the lithium industry(former GM Altura Mining). Extensive experience building and managing high-performance teams Share Pri
Slide 5: Market Dynamics
Market Dynamics Global EV sales Spodumene (5-6% Li2O) CIF China all vehicle classes 20 18 18 16 13.8 14 12 10.5 10 8 6 4 2 0 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024(f) Source: RhoMotion Jan 2024 www.criticalresources.com.au | info@criticalresources.com.au | Corporate Presentation | 4
Slide 6: Strategy for Value Creation
Strategy for Value Creation Grow to Full Advance Towards Secure Strategic Potential Production Partners Year on year Project development Leverage early mover Resource growth through permitting, advantage and through exploration technical and management success and organic economic studies with crede
Slide 7: Mavis Lake Project
_ Mavis Lake Project _
Slide 8: Project Location
Project Location www.criticalresources.com.au | info@criticalresources.com.au | Corporate Presentation | 7
Slide 9: Building Momentum Since Acquisition
Building Momentum Since Acquisition Dec 22 Jul 23 Nov 23 Mar 24 Acquisition of Rock-chip assay Over 8km of high- Geochemistry Gullwing/Tot results up to confidence and geophysics Prospects 3.2% Li2O at Tot drilling targets identifies multiple Prospect* identified over the anomalies/high Northen prio
Slide 10: Maiden Resource with Growth Potential
Maiden Resource with Growth Potential • Maiden MRE released in May 2023 - 8Mt @ 1.07% Li2O* • Maiden MRE included drilling results up to 30 March 2023, a further 16,753m was drilled in CY 2023 • June-November 2023 saw outstanding intercepts* including: ‐ Drill Hole MF23-207 with 74.4m @ 1.18% Li2O ‐
Slide 11: Unlocking District Scale
Unlocking District Scale • Approximately 8km of strike with high-grade assays* from rock chips and channel sampling including: ‐ Sample 159082 Gullwing rock chip @ 6.78% Li2O ‐ Sample 157856 Tot 1.3m channel sample @ 2.88% Li2O ‐ Sample 347562 Tot rock chip @ 3.21% Li2O • Soil sampling identified 1
Slide 12: Unlocking District Scale
Unlocking District Scale www.criticalresources.com.au | info@criticalresources.com.au | Corporate Presentation | 11
Slide 13: World Class Infrastructure
World Class Infrastructure • All field activities based out of Dryden – a low-cost, well serviced base for future growth • Road and rail options to a number of deepwater ports, all currently supporting dry-bulk cargo export • Growing services and opportunities in Dryden – potential for contracted se
Slide 14: Detailed Flowsheet Development
Detailed Flowsheet Development • Heavy Liquid Separation (HLS) delivered spodumene concentrate up to 6.4% Li2O with very low Fe2O3. • Optimization work (HLS and flotation) delivered recoveries up to 87%* • QEMSCAN has identified predominantly large spodumene crystals and confirms spodumene is the pr
Slide 15: 2024 Workstreams
2024 Workstreams Exploration and Resource Growth Q2 2024 Q3 2024 Q4 2024 Drill testing Northern Prospects Main Zone extension drilling Mineral Resource Estimate – Upgrade (from 2023 drilling) Mineral Resource Estimate – Upgrade (from 2024 drilling) Prospecting and target generation Project Advanceme
Slide 16: Alex Cheeseman Managing Director
Alex Cheeseman Managing Director Email: info@criticalresources.com.au Tel: +61 (0)8 9465 1024 ABN: 12 145 184 667 Level 45, 108 St Georges Terrace Perth, Western Australia, 6000 ASX:CRR | CRITICALRESOURCES.COM.AU
Slide 17: Disclaimer
Disclaimer Summary Information This document contains a summary of information about Critical Resources Limited (“Critical obligations or undertaking to release any updates or revisions to the information in this document to reflect any change in Resources” or “the Company”) and its activities that
Slide 18: Exploration and Metallurgy Disclosure
Exploration and Metallurgy Disclosure COMPLIANCE STATEMENT This document contains information relating to Exploration Results in respect of the Mavis Lake project extracted from ASX market announcements reported previously and published on the ASX platform on those dates noted below. The Company con
Slide 19: Mineral Resource Estimate
Mineral Resource Estimate COMPLIANCE STATEMENT This document contains information relating to the Mineral Resource estimate for the Mavis Lake Lithium Project is extracted from the Company’s ASX announcement dated 5 May 2023. The Company confirms that it is not aware of any new information or data t
Slide 20: Main Zone Plan View and Section References
Main Zone Plan View and Section References B A A’ B’ www.criticalresources.com.au | info@criticalresources.com.au | Corporate Presentation | 19
Slide 21: Main Zone Long Section
Main Zone Long Section www.criticalresources.com.au | info@criticalresources.com.au | Corporate Presentation | 20
Slide 22: Ontario’s Lithium Landscape
Ontario’s Lithium Landscape www.criticalresources.com.au | info@criticalresources.com.au | Corporate Presentation | 21
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