Resouro Strategic Metals Inc · TSXV:RSM
Resouro Strategic Metals — Investor Presentation (July 2024)
27 slides from Resouro Strategic Metals's investor presentation, Jul 24, 2024
Slide 1: Maiden JORC Resource for the Tiros Project Completed (Updated)
ASX RAU TSX-V RSM FSE BU9 OTC RSGOF Maiden JORC Resource for the Tiros Project Completed (Updated) Investor Presentation 24 July 2024 This Presentation has been approved by the Board of Directors of Resouro Strategic Metals Inc
Slide 2: Disclaimer, Terms of the Presentation and Important Notices
Disclaimer, Terms of the Presentation and Important Notices NOT AN OFFER OF SECURITIES This document has been independently prepared by Resouro Strategic Metals Inc. (RAU) and is provided for informational purposes only. This document does not constitute or contain an offer, invitation, solicitation
Slide 3: Largest known JORC rare earth and titanium resource in Brazil
Largest known JORC rare earth and titanium resource in Brazil over 1Bn tonnes Emerging Rare Earths and 4,050ppm Measured 25% TREO Titanium Explorer + 12.0% Indicated 75% with significant deposit TiO2 and high grades JORC + Measured + Indicated additional 0.7Bn tonnes Inferred Resource1 at 3,800ppm T
Slide 4: Developing the Tiros Project
Developing the Tiros Project The deposit has unique features ▪ Total Resources of 1.7Bn tonnes - 1Bn tonnes measured + indicated, 0.7Bn tonnes inferred. RESOURO ▪ Comprised of an outstanding grade- 3,900ppm TREO, 1,100ppm MREO and 12% TiO2. ▪ Ultra high-grade domain deposit -120Mt at 9,000ppm TREO,
Slide 5: Investment highlights
Investment highlights 1 Extensive drilling works with consistent results • 102 holes drilled for 4,766 metres1 - only 7% of the tenements comprising the Tiros project area has been estimated in the maiden MRE - majority of resource open laterally and found homogeneous in nature. 2 Comprehensive meta
Slide 6: JORC Resources
JORC Resources Drilling Effective Outcomes The MRE places Tiros as one of the largest undeveloped titanium (TiO2 ) and rare earth (REE) resources in the world Domain Category TONNES (t) TiO2 (%) TREO (ppm) MREO (ppm) Inferred 42,000,000 23 8,700 2,200 HG Indicated 55,700,000 23 9,030 2,380 High Grad
Slide 7: Attractive valuation relative to peers
Attractive valuation relative to peers Comparable Resouro Meteoric BRE Viridis RAU.ASX MEI.ASX BRE.ASX VMM.ASX Price AUD 0.515 AUD 0.120 AUD 2.84 AUD 0.810 Top 20 Shareholders 75% 29% 73% 57% Mkt Cap (AUD $m) As of 23 July 2024, undiluted 50.3 258.7 702.6 54.0 Bahia JORC -2024 JORC - 2024 JORC - 202
Slide 8: Resouro posing superior features when comparing to peers
Resouro posing superior features when comparing to peers Resources Potential Size of bubble refers to TREO grade TREO ppm average Extension TREO Resources + JORC km2 ppm Mt M+Ind+Inf 3,900 450 3,900 1,700 + TiO2 Tiros Project 239 2,590 201 2,500 1,410 1,513 510 1,500 193 2,538 619 0 300 600 1,000 1,
Slide 9: Extensive, targeted land holding, 450 km2
Extensive, targeted land holding, 450 km2 Key Competitive Advantages • The Capacete Formation extends over 71km in length with boundaries of width, length and depth not yet determined. • Resouro has rights over all of the available geologically prospective parts of the Capacete Formation with recent
Slide 10: Present and planned drill program
Present and planned drill program Drilling Program • The Total Tiros Project tenements cover over 45,000 hectares • Present focus is on Tiros Central which represents over 5,981ha of the total area located in the centre of the Tiros Project • Current plans are to define the Tiros central blocks befo
Slide 11: Outstanding grades throughout: Grade Tonnage Curve – TREO ppm
Outstanding grades throughout Grade Tonnage Curve – TREO ppm Average Grade, ppm Tonnage Cut-off Tiros Ti + REE Project Grade-Tonnage Curve for TREO (1,000 ppm TREO cut-off). Resouro Strategic Metals | July 2024 11
Slide 12: Outstanding grades throughout: Grade Tonnage Curve – TiO2 %
Outstanding grades throughout Grade Tonnage Curve – TiO2 % Average Grade, % Tonnage Cut-off Tiros Ti + REE Project Grade-Tonnage Curve for TiO2 (6% TiO2 cut-off). Resouro Strategic Metals | July 2024 12
Slide 13: Significant and consistent high-grade results
Significant and consistent high-grade results Resource Definition CENTRAL BLOCK Depth NdPr TREO TiO2 • Consistent higher grades to metres ppm ppm % depth, in average: 10 1,100 5,100 15% ✓ TREO ~4,200ppm ✓ NdPr ~ 950ppm 20 1,000 5,000 15% ✓ TiO2 ~12.5% 30 1,000 4,600 14% • Approximately 20~25% NdPr r
Slide 14: Histograms
Histograms Number of samples Number of holes 3,218 102 CENTRAL BLOCK Resource Definition in mineralised intervals1 intercepting mineralisation NdPr TREO TiO2 ppm ppm % Max 5,248 22,417 53.00 Mean 983 4,389 12.72 σ 602 2,359 6.00 ppm ppm % 3000 More 500 1000 1500 2000 2500 3500 4000 4500 5000 5500 60
Slide 15: Histograms
Histograms Number of samples Number of holes 3,218 102 CENTRAL BLOCK Resource Definition in mineralised intervals1 intercepting mineralisation 15 4k 10 2k 5 Average of TREO ppm Average of TiO2 % 0 1k 0 20 40 from 60 80 1 statistics of samples within mineralised zone, refers to one metre length sampl
Slide 16: High TiO2 to High TREO
High TiO2 to High TREO CENTRAL BLOCK Sample Analysis TiO2 60 50% of 3,218 samples % TREO >3,000ppm + TiO2>10% 50 40 30 20 10 0 0 5000 10000 15000 20000 25000 TREO ppm 1 statistics of samples within mineralised zone, refers to one metre length sample Resouro Strategic Metals | July 2024 16
Slide 17: A special gem
A special gem Ultra high-grade domain deposit - 120Mt at 9,000ppm TREO, 2,400ppm MREO and 23% TiO2 Section view (A-A) of the Section A Tiros Ti + REE deposit showing High Grade (HG) in red A (section is rendered with a x5 vertical exaggeration) C Section view (B-B) of the Tiros B Section B Ti + REE
Slide 18: Our Strategy First to Market
Our Strategy First to Market Planning Details Drilling will shift to green areas where a bulk mining program will likely commence Plan view of the Tiros Ti + REE deposit with the classification of the mineral resources: Measured (red), Indicated Resouro Strategic Metals | July 2024 18 (yellow), and
Slide 19: Comprehensive metallurgical testwork program underway
Comprehensive metallurgical testwork program underway Project Indicative Timelines DRILLING SAMPLE RESOURCE METALLURGICAL CAMPAIGN ANALYSIS CONFIRMATION TESTING Phases Complete Complete Complete In progress Auger and RC drilling to Samples to specialist Infill Drilling to delineate Metallurgical tes
Slide 20: Achieving best recovery of saleable products
Achieving best recovery of saleable products Leading Edge Laboratories undertaking test work Conventional Ionic Clay REE and TiO2 Recovery Non - Conventional Ionic Clay REE and TiO2 Recovery CIT SENAI – Brazil's Leading Industry Technology Group Altilium - Australian Critical Minerals Metallurgy Tec
Slide 21: What’s next in 2024
What’s next in 2024 Proposed Future Works TECHNICAL FURTHER JORC SCOPING GROWTH STUDIES COMPLIANT RESOURCE STUDY PATHWAY Phases In progress In planning In planning In planning Complete Preliminary Expand project size Complete the Scoping Conduct downstream Mining and through drilling, met work Study
Slide 22: Resouro’s Practical Ground Up Approach to CREC
Resouro’s Practical Ground Up Approach to CREC CREC – Corporate Responsibility and Ethical Commitment Continue to foster and Seek to minimize the Shall implement a policy of Continue to examine and develop Resouro’s existing footprint of the unavoidable employing local people as adopt the best relat
Slide 23: Capital structure
Capital structure ASX Secondary Listing Total C$6.3m raised Pre-IPO to accelerate drilling AUD 8 million Gross raised at IPO and resource definition activities 16 million Shares at AUD 50c ASX Secondary C$ 4.8m Raising Completed C$ 1.5m Raising Completed Preliminary Economic Listing Completed June f
Slide 24: Board and Management
Board and Management Mr Christopher Eager is a mining engineer and has 35 years of experience in the mining industry. After graduating as a Chris Eager Mining Engineer, he worked in and managed various gold mining operations in Australia and South America. Following on Director, from completing an M
Slide 25: Strategic metals growth outlook
Strategic metals growth outlook Fundamentals Fundamentals • Exceptional properties: corrosion resistance, light • Rare Earths market is mainly driven by the magnets weight and strength-to-density ratio. segment, which accounts for ~30% of volume, but captures most of market value (~80%). • High dema
Slide 26: What makes Resouro UNIQUE
What makes Resouro UNIQUE Long-life, high-grade, large-tonnage, low- Asset cost potential project located in a mining Value jurisdiction that blends world-class infrastructure for utilities and transport. Adjacent to Tiros - access to renewable Premium power, water and local labour - existing Infras
Slide 27: Chris Eager, CEO
Chris Eager, CEO chris.eager@resouro.com +44 73 88 05 79 80
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