Slide 1: Australian-based Mining Exploration Company
For personal use only Australian-based Mining Exploration Company Leveraged to the developing clean energy world Zenith Minerals Limited (ASX:ZNC)
Slide 2: Forward looking statements, Disclaimer & JORC Statements
Forward looking statements Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties that could cause actual results to differ from estimated results. Forward-looking statements include estimates of future production
Slide 3: Corporate Snapshot
Share Price Shares on Issue Corporate $0.10 352.4m For personal use only Snapshot Market Cap Cash1 $35.2m $2.7m Listed Equities Enterprise Value $4.0m $32.5m ASX:ZNC 1 – As at 30-Sep-2023 Zenith Minerals Limited Investor Presentation – IMARC Nov 2023 3
Slide 4: Share Price Performance and Major Shareholders
ASX:ZNC Share Price Performance Corporate For personal use only Snapshot Major Shareholders Directors 3.7% 8.6% BNP Paribas Noms V Top 20 HSBC Custodian Noms 7.9% Hold 53% ASX:ZNC Citicorp Noms 6.3% Tilbrook 5.1% Zenith Minerals Limited Investor Presentation – IMARC Nov 2023 4
Slide 5: Focused on lithium project development
Focused on lithium project development Darwin For personal use only Cairns Red Mountain Project Earaheedy Joint Venture Waratah Well Project Brisbane Split Rocks Project Split Rocks Project Perth Yilmia Lithium Project Sydney Adelaide Lithium Projects Hayes Hill Project Melbourne Gold & Base Metal P
Slide 6: WA Lithium Projects
WA Lithium Projects For personal use only Zenith owns 1 of only 6 JORC lithium Mineral Resources* and 1 of the 14 best lithium exploration prospects in WA** There are 3 Lithium Hydroxide Facilities in WA, Tianji, Covalent and Kemerton. 8 Lithium Mines – highlights the need for exploration. 6 JORC re
Slide 7: Zenith Lithium Projects
Zenith Lithium Projects Split Rocks For personal use only ➢ JORC Inferred Mineral Resource 11.9Mt @ 0.72% Li2O, 415ppm Cs, 75ppm Nb, 217ppm Sn and 59ppm Ta (at a 0.5% Li2O cut-off grade)* ➢ Best intersections 26m @ 1.2% Li2O 10m @ 1.7% Li2O 13m @ 1.9% Li2O Waratah Well ➢ 10m @ 1.4% Li2O including 6m
Slide 8: Split Rocks
Split Rocks For personal use only Located in the Southern Cross region midway between Perth and Kalgoorlie. Extensive Tenement holdings (660 sq km) in the Forrestania greenstone belt north of Mt Holland lithium. Note-Mt Holland Mineral Resource as reported in KDR:ASX Release 19-Mar-2018 Zenith Miner
Slide 9: Split Rocks – Rio Prospect
Split Rocks – Rio Prospect 2022 Program – 100 holes for 22,369m Extensive drilling program planned to test strike Best intersections include*: 26m @ 1.2% Li2O extensions, geochemical targets including met test work. For personal use only 10m @ 1.7% Li2O 13m @ 1.9% Li2O Maiden Rio Mineral Resource –
Slide 10: Split Rocks – Rio Prospect: Maiden Mineral Resource
Split Rocks – Rio Prospect Maiden Rio Mineral Resource – Sep 2023 The Mineral Resource estimate for the Split Rocks Rio project reported at a 0.5% Li2O cutoff is shown below. The entire For personal use only resource is classified Inferred and is open at depth and along strike. Rio Lithium Deposit I
Slide 11: Split Rocks – Regional – Strong Blue-Sky Potential
Split Rocks – Regional – Strong Blue-Sky Potential Rio Trend For personal use only New Lithium Target –“Cielo” Large Geochem anomaly 9km in length by 2km wide (Cielo). Immediate targets along strike from Rio. Follow up Regional drill testing both RC and AC planned and budgeted. ZNC ASX Release 9-Feb
Slide 12: Split Rocks – Regional – Strong Blue-Sky Potential
Split Rocks – Regional – Strong Blue-Sky Potential For personal use only Large Geochem anomaly 9km in length by 2km wide (Cielo). 30 other Geochem targets. Follow up Regional drill testing both RC and AC planned and budgeted. Auger drilling program WSW of Rio. ZNC ASX Release 28-Sep-23 Zenith Minera
Slide 13: Waratah Well - Lithium
Waratah Well - Lithium For personal use only Located 20km NW of Yalgoo in the Murchison Region, 190km from the Geraldton Port. Discovery of shallow blind high grade lithium mineralisation in RC drilling in pegmatites just north of an outcropping 4x2km pegmatite field. Pegmatites shallow dipping up t
Slide 14: Waratah Well – High Grade Lithium Drill Results
Waratah Well – High Grade Lithium Drill Results High-grade lithium open to north, south and east under shallow soil cover. 10m @ 1.4% Li2O including 6m @ 2% Li2O. For personal use only Significant follow-up RC drilling planned and budgeted. Heritage cleared and ready to go. * For full results drill
Slide 15: Hayes Hill – Lithium & Nickel
Hayes Hill – Lithium & Nickel SE of the Dome North Lithium deposits (ESS), NW of the Buldania Li deposits (LTR). Green Bananas Nickel Prospect Two high-tenor Ni-Cu-Pt-Pd surface geochemical For personal use only anomalies (Green Bananas and Plat X) north of the Calisto Ni-PGE discovery and S2R’s Pol
Slide 16: Yilmia Lithium
Yilmia Lithium For personal use only 8km long lithium target zone at Yilmia. Lithium endowed neighbourhood. Zenith Minerals Limited Investor Presentation – IMARC Nov 2023 16
Slide 17: Yilmia Program
Yilmia Program For personal use only Drill Target Initial 800m spaced drill lines. 100 Aircore holes for 5000m. Zenith’s first drill line confirms greenstone host extends under soil cover into the project area, with three holes within that drill line intersecting pegmatites, up to 20m thick* *ZNC AS
Slide 18: WA Lithium Exploration Projects
WA Lithium Exploration Projects Western Australian Lithium Exploration Projects with drill intersections >10m @ 1%Li2O Name Reference Owner For personal use only References Bounty ASX: KDR 19 December 2017 Westfarmers & SQM JV -Covalent Lithium South Ironcap ASX: WSA 22 April 2016 IGO -Western Areas
Slide 19: Split Rocks (Dulcie Far North) – Gold Exploration
Split Rocks (Dulcie Far North) – Gold Exploration For personal use only Dulcie Far North Resource Expansion Maiden Inferred Mineral Resource 3.4 million tonnes @ 1.4g/t Au for 150,000 ounces* High grade gold mineralisation intersected, including: • 12m at 6.07 g/t Au* • 5m at 10.6 g/t Au • 12m at 2.
Slide 20: Red Mountain Gold-Silver; Intrusion Related Breccia Pipe
Red Mountain Gold-Silver; Intrusion Related Breccia Pipe For personal use only Located 400km NW of Brisbane in central Queensland - between Cracow (Aeris Resources) and Mt Rawdon (Evolution Mining) Zenith’s drilling has returned compelling high-grade gold and silver intersections including*: • 13m @
Slide 21: Earaheedy – Zinc/Lead/Silver
Earaheedy – Zinc/Lead/Silver (25% free carry to Completion of BFS) For personal use only Zenith Minerals Ltd (ASX: ZNC) holds a 25% free carried interest in the Earaheedy Joint Venture (EJV) – an emerging Tier-1 base metal province Maiden EJV Zn Pb Ag resource on a 100% basis stands at: 94Mt @ 3.1%
Slide 22: Zenith Board
David Ledger Michael Clifford Chief Executive Officer Zenith Board Executive Chairman • Over 35 years in investment banking, with experience • Geologist (BSc (Hons) MSc) 35+ years’ exploration. working in the United Kingdom and Australia. • Senior technical and business development roles whilst For
Slide 23: Australian-based Minerals Explorer for the Products of Tomorrow
For personal use only AUSTRALIAN-BASED MINERALS EXPLORER FOR THE PRODUCTS OF TOMORROW Zenith Minerals Limited (ASX:ZNC) October 2023 www.zenithminerals.com.au