Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — Investor Presentation (April 2022)
15 slides from Zenith Minerals's investor presentation, Apr 6, 2022
Slide 1: Investor Presentation - Lithium
INVESTOR P R E S E N TAT I O N For personal use only 6 April 2022 Lithium
Slide 2: Corporate Structure
Corporate Structure Share Price Capital Structure ASX:ZNC For personal use only Source: Commsec.com.au Share Price (4 Apr 22) $0.425 Shares on Issue - ZNC fully paid ordinary (4 Apr 22) 343.9M Market Capitalisation (4 Apr 22) $146M Cash (31 Dec 22) excl $6M Placement to EVM (13-Jan-22) $4.4M Listed
Slide 3: Placement and Demerger of Gold & Base Metal Assets
$6M placement** in ZNC 20M shares @ $0.30 For personal use only (20% premium to 10 DVWAP) Demerger of Gold & Base Metal Assets* Non-Lithium Assets • Earaheedy 25% free carry to BFS • Develin Creek – Cu-Zn Lithium Assets • Split Rocks – Gold JV • Red Mountain – Gold Split Rocks – Lithium • Cowarra Op
Slide 4: ZNC Lithium Joint Venture
For personal use only Z N C L i t h i u m J o i n t Ve n t u r e *Key commercial terms : • Waratah Well and Split Rocks • EVM sole funds completion of feasibility study within 24 months, with Zenith retaining a 40% project share. • EVM sole funds to decision to mine • EVM to arrange financing for fu
Slide 5: Split Rocks Lithium
Split Rocks Lithium For personal use only Landholdings of ~660 sqkm in the Forrestania greenstone belt – Western Australia District is host to SQM-Wesfarmers Mt Holland/Earl Grey lithium deposit (under construction): • Measured, Indicated & Inferred Mineral Resource* 189Mt @ 1.5% Li2O • 66Mt @ 1.58%
Slide 6: Split Rocks Lithium - Current Zone of Focus
Split Rocks Lithium Current Zone of Focus - 20km of pegmatites For personal use only Drilling multiple large thick pegmatites: • Rio – pegmatite up to 65m thick • 20m @ 1.0% Li2O incl 10m @ 1.7% Li2O* • Permitting 50 RC/DD holes for follow-up • Estrela – pegmatite up to 29m thick • Assays awaited •
Slide 7: Split Rocks Lithium - Rio
Split Rocks Lithium Rio - first pegmatite target tested returns For personal use only • 20m @ 1.0% Li2O incl 10m@ 1.7% Li2O • High-grade lithium mineralisation is eucryptite* Further details refer to ZNC ASX Releases 13-Jan-22 & 4-Apr-22 7
Slide 8: Split Rocks Lithium - Geochemical Screening
Split Rocks Lithium For personal use only • Project wide surface geochemical screening • Multiple existing untested anomalies, permits received for drilling another 3 targets (11 holes) • >3000 samples collected to date, assays awaited Further details refer to ZNC ASX Release 4-Apr-22 8
Slide 9: Waratah Well Lithium
Wa r a t a h We l l L i t h i u m For personal use only • Tantalum & locally lithium bearing pegmatites over a 3km x 2km area • Pegmatites 0.5m to 21m thick – Lithium rocks to 2.09% Li2O. – High-grade tantalum in rocks to 1221 ppm Ta2O5. • First round 1km spaced drill holes intersected lithium miner
Slide 10: Disclaimer & JORC Statements
Disclaimer & JORC Statements Forward looking statements For personal use only 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-lookin
Slide 11: Supporting Slides
For personal use only Supporting Slides
Slide 12: Listed Investments ($12.8M)
Listed Investments ($12.8M) 1 For personal use only 1Equity Market Values at 14-Jan-22 AWST
Slide 13: Copper & Zinc
Copper & Zinc For personal use only EARAHEEDY ZINC (25% OWNED) DEVELIN CREEK COPPER-ZINC • Major discovery PROJECT (100% OWNED) • Drilling & metallurgy will • District scale VMS play be ongoing • 34m @ 3.5% Cu+Zn, incl • Well funded JV partner - 10m @ 6.0% Cu+Zn, and RTR $40m capital raise1 29m @ 3.
Slide 14: Gold
Gold For personal use only SPLIT ROCKS GOLD PROJECT RED MOUNTAIN GOLD PROJECT COWARRA GOLD PROJECT (100% OWNED) (100% OWNED) (INITIALLY EARNING 22.5%) High-grade near surface gold & Major gold option play seeking 3 km long target drill testing silver in Zenith’s maiden drill Fosterville style deposi
Slide 15: About EVM
About EVM For personal use only EV Metals Group is building a global battery chemicals and technology business for a clean energy future. EVM is focused on delivering the world’s first integrated Battery Chemicals Complex at Yanbu Industrial City in the Kingdom of Saudi Arabia. The Battery Chemicals