Venus Metals Corporation Limited · ASX:VMC
Venus Metals — Investor Presentation (February 2024)
20 slides from Venus Metals's investor presentation, Feb 1, 2024
Slide 1: Company Presentation February 2024
Venus Metals Corporation Limited Company PresentationVenus JanuaryMetals 2024 Corporation Limited Company Presentation February 2024 For personal use only ASX: VMC
Slide 2: Cautionary Statements and Disclaimers
Cautionary Statements and Disclaimers This Presentation has been prepared by Venus Metals Corporation Limited ACN 123 250 582 (“Venus” or “the Company”) (ASX: VMC) for the purpose of providing an overview of its current prospects and development strategy to recipients. The information in this Presen
Slide 3: Lithium Drilling Commencing Imminently
Lithium Drilling Commencing Imminently • High-value impact lithium drilling at Youanmi Deep South Prospect to commence in early February For personal use only • Follow up on 4.6% Li2O rare high-purity lithium mineral Petalite discovered in outcropping pegmatites1 Coarse-Grained Petalite 1 Refer to A
Slide 4: Corporate Summary
Corporate Summary Issued Capital 190m Share Price @ 31/01/2024 $0.10 For personal use only Market Capitalisation @ 31/01/2024 A$19m Unlisted Options 17.8m Performance Rights2 9.1m Cash & Liquid Investments @ 31/12/23 A$3.2m Major Assets in addition to exploration tenure Rox Resources Limited (ASX:RX
Slide 5: Board and Management
Board and Management Peter Hawkins Barry Fehlberg For personal use only Non-Executive Chairman Non-Executive Director § Management have a strong track record of creating shareholder value through exploration and M&A § Career in stockbroking within Western Australia § Geologist of over 50 years exper
Slide 6: Youanmi Lithium Project
Youanmi Lithium Project For personal use only Ø Pegmatitic trap zone runs for 45km – almost entirely through VMC tenements Ø Northern tenement lithium rights boundaries adjoin Youanmi Gold Mine leases (Rox Resources) Ø Key focus is at the Deep South Lithium Prospect – Drilling commencing 5 February
Slide 7: Youanmi Deep South Lithium Prospect
Youanmi Deep South Lithium Prospect For personal use only Youanmi Deep South Lithium Prospect. Location map with major Lithium deposit and tectonic boundaries of the Yilgarn Craton. Inset shows Youanmi tenements. 7
Slide 8: Youanmi Deep South Lithium Prospect
Youanmi Deep South Lithium Prospect Several Outcropping Li pegmatites across a 1.75 x 1.1km geochemical footprint Ø The Deep South Lithium Prospect is 44 km south of the Youanmi Gold Mine, about 450km northeast of Perth, Western Australia. For personal use only Ø Venus discovered lithium mineralisat
Slide 9: Youanmi Deep South Lithium Prospect
Youanmi Deep South Lithium Prospect For personal use only Youanmi Deep South Lithium Prospect. Mapped outcrop geology with rock chip sample locations over Google Earth image. 9
Slide 10: Mt Holland Lithium Project Geological Example
Mt Holland Lithium Project Geological Example (Wesfarmers Limited & SQM JV) High Lithium grades at the Deep South Lithium Prospect are associated with coarse-grained Petalite known to For personal use only occur with spodumene in other Lithium deposits to the south (e.g. Mt Holland Lithium Project-
Slide 11: World's Significant Petalite-Spodumene Lithium Mines
World’s Significant Petalite-Spodumene Lithium Mines The Arcadia Lithium Project, located near Harare, Zimbabwe, is considered to be one of the world’s biggest hard rock lithium resources (petalite and spodumene).4 JORC compliant Resource 72.7Mt @1.06% Li2O.5 For personal use only The Arcadia pilot
Slide 12: World's Significant Petalite-Spodumene Lithium Mines - continued
World’s Significant Petalite-Spodumene Lithium Mines - continued The Bikita Minerals Lithium mine, in the Bikita hills of Masvingo province in Zimbabwe, is a top ten global lithium mines by production. Sinomine acquired the mine for $180m in 2022. For personal use only The new spodumene concentrate
Slide 13: Venus Tenements Greenbushes, WA
Venus Tenements Greenbushes, WA Farm-in / JV agreements with IGO Limited Bridgetown Greenbushes Li and Ni-Cu-PGE Exploration Project For personal use only Ø Farm-in and joint venture agreements with IGO Ltd to acquire up to a 70% interest by incurring A$6M and sole funding all joint venture expendit
Slide 14: Venus Tenements Mt Ida Lithium Corridor, WA
Venus Tenements Mt Ida Lithium Corridor, WA Farm-in / JV agreements with IGO Limited Henderson Nickel - Lithium Project Farm-in and Joint venture agreements with IGO Ltd to acquire For personal use only up to a 70% interest in the project by incurring A$4M and reimbursing Venus A$1M. IGO to sole fun
Slide 15: Marvel Loch East Base Metals-REE Project
Marvel Loch East Base Metals-REE Project For personal use only Ø Two strong magnetic anomalies have been defined by the recent aeromagnetic survey, and the most prominent (Anomaly 1) is a north-northeast trending lenticular anomaly approximately 700m in width, which can be traced semi- continuously
Slide 16: Other Venus Major Projects
Other Venus Major Projects Sandstone Gold Project (90% Venus): For personal use only Ø A JORC2012 gold resource estimate is 722,000 tonnes @ 1.31 g/t Au for 30,500 ounces, with 22,100 ounces classified in the indicated mineral resource category. Increase of 35% in tonnes and 40% in ounces at 0.5 g/t
Slide 17: Other Venus Major Projects - continued
Other Venus Major Projects - continued Gascoyne Province Mangaroon Base Metals-Gold-Lithium-REE Project: For personal use only Ø Project is proximate to the REE Yangibana Mine, owned by Hastings Technology Metals (ASX: HAS) and along strike strike and adjacent to the Star of Mangaroon gold mine (his
Slide 18: Major Investment Rox Resources Ltd
Major Investment Rox Resources Ltd Youanmi Gold Project Ø Venus is the largest shareholder in Rox (ASX: RXL) with 61.25m RXL shares & separately has For personal use only a 1% NSR over production at the mining leases at Youanmi Gold Project Ø Historical production at Youanmi of >660k oz Au at high g
Slide 19: Why Invest in Venus Metals Corporation Limited
Why Invest in Venus Metals Corporation Limited Ø Substantial upside to future exploration success with very low enterprise value. For personal use only Ø Market Capitalisation only $19M (as at ASX close 31/01/24). Ø Demonstrable track record in delivering value and returning capital to shareholders.
Slide 20: Contact Us
For personal use only CONTACT US: Matthew Hogan Lucas Robinson Managing Director Investor Relations +61 89321 7541 +61 408 228 889 lucas@corporatestorytime.com 2/8 Alvan Street Subiaco, WA 6008 info@venusmetals.com.au www.venusmetals.com.au