Castle Minerals Ltd · ASX:CDT
Castle Minerals — Investor Presentation (January 2023)
18 slides from Castle Minerals's investor presentation, Jan 16, 2023
Slide 1: Charging Ahead: The Kambale Graphite Project
For personal use only Charging Ahead: The Kambale Graphite Project January 2023 ASX: CDT 1
Slide 2: Disclaimer & Competent Person Statement
Disclaimer & Competent Person Statement Cautionary Statement - This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any
Slide 3: Why Castle?
Why Castle? • Active, value-adding originator of quality exploration opportunities. For personal use only • Portfolio of Future and Battery Metals projects in Australia and Ghana. Kandia Kambale (Au) • Fast-tracking the emerging 100% owned flagship Kambale Graphite Project, Ghana: Graphite • Graphit
Slide 4: Why Graphite?
Why Graphite? • A ‘Critical Mineral’ in a de-carbonising world. For personal use only • World graphite production ~1.1Mtpa (~30 mines, 60% in China). • 75% presently used for traditional uses (steel, foundry, lubricants etc). • EV lithium-ion battery (LiB) anodes will soon require 100% of today’s pr
Slide 5: Graphite: A Critical Mineral
Graphite: A Critical Mineral For personal use only Many countries now mandating phasing out of ICEs in favour of EVs. Tesla’s Berlin gigafactory Tesla’s Hornsdale Energy Reserve Lithium-ion battery, South Australia, stores renewably generated power. Hydrogen fuel cells use graphite plates 5
Slide 6: Looming Supply Deficit
Looming Supply Deficit • Overall supply deficit forecast mid to late this decade. For personal use only • User supply expectations disconnected from supply reality. • Timeline naivety. Gigafactories ~2yrs to build. Mines take many more years to discover, develop and commercialise product. • Plus new
Slide 7: Kambale: An Emerging Graphite Deposit
Kambale: An Emerging Graphite Deposit • Castle owns 100% Kambale Graphite Project1. Licence recently renewed. For personal use only • 356 holes for a total of 13,409m completed between 2012 and 2022 (combined RC, aircore, RAB and diamond core). • Drilling included recent 52-hole, 5,323m RC program w
Slide 8: Fast-Track Evaluation
Fast-Track Evaluation • Phase 1 non-optimised test work early 2022 produced an approx. For personal use only ‘commercial grade’ <96.4%TC fine flake graphite concentrate using weathered trench samples @ 12.56%, 16.09% and 17.16%TGC). • 4-hole diamond core drilling program completed early December 202
Slide 9: Stacking-Up Nicely....
Stacking-Up Nicely…. Core runs from 22CKDD001: 18.6m to For personal use only 21.3m and 29.3m to 36.1m. (Refer ASX release 23.12.22) Mineralisation from surface Open at depth Multiple, robust, thick intercepts with high-grade zones 9
Slide 10: Positive Phase Test Work
Positive Phase 1 Test Work Phase 1 - Completed For personal use only • Three trench excavated and composited samples - 12.56%, 16.09% and 17.16%. • Conventional crush, grind and flotation cycles by IMO Perth. • Achieved dominantly fine flake (<75um) concentrate grade up to 96.4% (approx. commercial
Slide 11: Strong Development Credentials
Strong Development Credentials • ‘Clean Green Energy’ grid power to Wa from 400MW Bui hydroelectric dam. For personal use only • Sealed and unsealed roads to site. Daily commercial flights from Accra. • Long established resources industry, skilled workforce and support services. Kambale Graphite • S
Slide 12: Ghana: Gold Assets
Ghana: Gold Assets 100% Carlie Mining Limited For personal use only • One of largest consolidations (4,392km2) of Birimian geology tenure in West Africa. • Adjacent to Azumah Resources Limited’s Wa Gold Project (2.8Moz Mineral Resource and 1.1Moz Ore Reserve)1. Royalty: • 4% net smelter royalty on A
Slide 13: Social Licence to Operate
Social Licence to Operate Management has 14yrs successful Upper West Region operational experience through: For personal use only • Acting and communicating respectfully, transparently, inclusively and constructively with all stakeholders. • Maximising cultural awareness and honouring traditions, he
Slide 14: Australia: Battery Metals Project
Australia: Battery Metals Project “Castle has moved quickly in Western Australia to For personal use only participate in the forecast increases in demand for graphite and lithium for use in the electric vehicle and power storage sectors.” Wilgee Springs (Lithium) Woodcutters (lithium) Kendenup , Mar
Slide 15: Australia: Future Metals & Gold Projects
Australia: Future Metals & Gold Projects For personal use only “Castle has accumulated an enviable position in the rapidly emerging Earaheedy Basin base metals province where Rumble Resources Limited has revealed a large-scale, open-ended SEDEX and MVT-style zinc-lead-copper discovery.” Earaheedy Ba
Slide 16: Corporate
Corporate For personal use only Experienced Board Michael Atkins 999.5M 107.1M 55.5M Non-Executive Chair Ordinary Shares (CDT) Options Listed (CDTO & Options (Unlisted) (corporate & finance) CDTOA) Stephen Stone A$25M A$2.5M A$22.5M Market Cap ($0.025/ share) Working Capital Enterprise Value Managin
Slide 17: Why Invest In Castle Now?
Why Invest In Castle Now? “Castle is a very active, cost-effective originator of quality, early-stage For personal use only exploration opportunities providing investors with excellent cross- jurisdictional exposure to the Battery and Future Metals sectors. The Kambale graphite project is fast emerg
Slide 18: Thank You
For personal use only Thank You Contact: Stephen Stone, Managing Director stone@castleminerals.com admin@castleminerals.com CDT Mb +61 (0) 418 804 564 or Ph +61 8 9322 7018 18
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