Pearl Gull Iron Limited · ASX:PLG
Pearl Gull Iron — Investor Presentation (July 2024)
19 slides from Pearl Gull Iron's investor presentation, July 2024
Slide 1: Proposed Earn-in to NeoRe SpA
Pearl Gull Iron Limited Proposed Earn-in to NeoRe SpA Overview of the La Marigen Ionic Rare Earth Project Located in the coastal belt of central Chile Investor Presentation | July 2024
Slide 2: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement DISCLAIMER The purpose of this presentation is to provide general information about Pearl Gull Iron Limited (Pearl Gull or the Company). It is not recommended that any person makes any investment decision in relation to the Company based solely on this pres
Slide 3: Highlights of the Opportunity
Highlights of the Opportunity 80% interest in NeoRe Pearl Gull to earn up to an 80% interest in privately held Chilean-based company NeoRe SpA (NeoRe). La Marigen Project NeoRe holds the La Marigen ionic REE clay Project that is highly prospective for ionic adsorption REE clays along the coastal bel
Slide 4: La Marigen Project - Location
La Marigen Project - Location The La Marigen Project is located approximately 350km south of the capital Santiago and 80km north of Chile’s second largest city, Concepciòn; a major industrial, city with multiple ship loading terminals, extensive technical support. The Project consists of 5 license a
Slide 5: Concepción - Location and Infrastructure
Concepción - Location and Infrastructure Approximately 430 kms south of Santiago, Concepción is considered to be South America's gateway to the Pacific. Port Lirquén Talcahuano Port Lirquén Port Terminal The city is located in close proximity to essential infrastructure Port and is the second larges
Slide 6: Regional Geology
Regional Geology Coastal Range of Chile Characterised by undulating topography and well-developed weathered horizons (i.e. regolith profile) which overlie metamorphic and intrusive igneous formations enriched in REEs. Deeply Weathered Profile Developed and preserved in the Coastal Range, due to exte
Slide 7: License and Tenure
License and Tenure The La Marigen Project areas consist of 5 license areas comprising 74 exploration applications and 4 granted exploration concessions, predominantly located on private land currently used for commercial timber plantations and logging. Lourdes - 4 granted exploration concessions - 1
Slide 8: Exploration
Exploration Limited exploration in the northern extension of the coastal belt beyond Penco, therefore presenting great opportunities. ▪ Data collected indicates similar geological setting to that seen in Aclara’s Penco Project initially defined by the NeoRe team. ▪ Proven exploration methods include
Slide 9: La Marigen Project Regolith Profile
La Marigen Project Regolith Profile Weathering of different primary lithologies develop different clay minerals with varying capacity for cation adsorption. Of these mineral assemblages found locally, garnet and biotite bearing granitoids of the coastal batholith have been identified as the main sou
Slide 10: Project Area – Pearl Gull’s Ionic REE Strategy
Project Area – Pearl Gull’s Ionic REE Strategy Collaboration and cooperation Identify the optimal resources, Define development strategy Exploration: detailed soil Integrate resources with with the forestry industry test met performance at ph4 chemistry & XRF, geophysical metallurgical studies to Re
Slide 11: About NeoRe SpA
About NeoRe SpA NeoRe SpA Private Chilean company with vast experience in Ionic Adsorption Clay (IAC) Rare Earth Elements (REEs) deposits. Team Led by Mr Arturo Albornoz and key partner Mr Fernando Saenz Poch, the in-country team's extensive operational experience was instrumental in the basis of de
Slide 12: Building the Team - Strong International and In-country Experience
Building the Team - Strong International and In-country Experience Dr. John Mair Proposed PLG Executive Director • Economic geologist with extensive international experience across technical, managerial and corporate fields TEAM • Led exploration and development teams across a range of commodities a
Slide 13: Main Rare Earth Producing Deposits
Main Rare Earth Producing Deposits Mixed Ore Mt Weld, monazite & associated minerals Hard Rock Bastnaesite Mountain Pass & Bayan Obo RE Deposits Heavy Rare Earth Weathered Middle to Heavy Rare Earth Light Rare Earth 13
Slide 14: Types of Ionic Rare Earth Deposits
Types of Ionic Rare Earth Deposits Known ionic REE deposits are varied in elemental mix, which largely reflects basement geological formations Weathered RE Deposit Light RE Middle to Heavy RE Heavy RE Y2O3 La2O3 Y2O3 CeO2 Nd2O3 La2O3 CeO2 Pr6O11 Nd2O3 Sm2O3 Eu2O3 Gd2O3 Tb4O7 Dy2O3 Ho2O3 Er2O3 Tm2O3
Slide 15: HRE Supply/Demand Gap Looming
HRE Supply/Demand Gap Looming 2030 Heavy Rare Earth Demand driven by magnetic Rare Earths - Nd/Pr Dy/Tb Supply and Demand 2020 Global REO demand by Top three producers 2030 application ND Pr Dy Tb Mining Clean energy supply risk La Marigen Dy/Tb rich Milestones (APS) 2021 2023 2030 2040 High Supply
Slide 16: La Marigen – Critical Confluence of Essential Elements
La Marigen – Critical Confluence of Essential Elements La Marigen Project To date, Pearl Gull has: Great opportunity to build out a new supply point Mining proficient Conducted extensive due diligence including: of REEs in an established mining jurisdiction. Jurisdiction ▪ Regular meetings and Easy
Slide 17: Capital Structure (ASX: PLG)
Capital Structure (ASX: PLG) Board of Directors Russell Clark Alex Passmore Mathew O'Hara Non-Executive Chairman Non-Executive Director Non-Executive Director and Company Secretary Capital Structure Acquisition Terms of PLG and Huemul Holdings Fully Paid Ordinary Shares 204,541,790 *The consideratio
Slide 18: PLG’s Acquisition Terms into NeoRe SpA
PLG’s Acquisition Terms into NeoRe SpA In-country financial and legal NeoRe team brings extensive in PLG post Huemul acquisition set to advisors established for fluent cross country experience ionic REE clays. acquire staged JV terms of up to order operations. Optimal local REE Huemul brings interna
Slide 19: Alex Passmore | Mathew O’Hara
ALEX PASSMORE | Director MATHEW O’HARA | Director & Company Secretary E: alexp@pearlgulliron.com.au E: mohara@konkera.com.au