Tempest Minerals Limited · ASX:TEM
Tempest Minerals — Li3 — Investor Presentation (March 2020)
21 slides from Tempest Minerals's investor presentation, March 2020
Slide 1: Invigorated for Action
Invigorated for Action March 2020 Diversified Minerals Explorer GOLD - COPPER - LITHIUM www.li3limited.com Li3
Slide 2: A New Start for Li3
A New Start for Li3 Presentation By: Andrew Haythorpe CEO & Managing Director ▪ What’s Happening Today with Li3 − New Assets − Exploration on the ground underway − New Opportunities − New People − New Strategy ▪ New Diversified Future for Li3 The Company has acquired new assets and a new approach to
Slide 3: Li3 New Assets
Li3 New Assets Li3 New Assets ▪ Gold − 510km2 of gold copper prospects − Located in the Yalgoo / Mount Magnet districts of Western Australia − Accessible low-cost assets with near surface potential. ▪ Priority Gold targets include: − 8g/t gold surface quartz vein chips reported at Warriedar (1) − 15
Slide 4: Warriedar Project
Warriedar Project Sampling and Mapping Underway ▪ 333km2 of granted tenure ▪ Located within 20km of the Minjar and Golden Grove mines ▪ Surface samples up to 8g/t ▪ >25km of previously unrecognized greenstone and felsic volcanics ▪ Highly prospective for base metals and gold ▪ 1913-1935 State Batter
Slide 5: Warriedar Project – Highlights
Warriedar Project – Highlights What’s Happening Action at Site ▪ Large coincident Base Metals anomaly identified in potential Golden Grove rock types ▪ Program One ▪ 25km long newly confirmed greenstone belt sampled 319 samples (received) ▪ Above background gold identified along 20km of strike − Con
Slide 6: Warriedar Project – Program One
Warriedar Project – Program One Significantly, results show a co-incident Copper, Program One Lead and Zinc anomaly ~ x 5km2 ~ x 3.5km2 Pb Anomalous Cu Anomalous Area Area Lead Copper Gold – Copper – Lithium Page 6
Slide 7: Warriedar Project – Program One
Warriedar Project – Program One With Gold target area Program One identified for evaluation ~ x 2.75km2 Zn Anomalous Area ~ x 5.5km2 Au Anomalous Area Zinc Gold Gold – Copper – Lithium Page 7
Slide 8: Warriedar Project – Program Two
Warriedar Project – Program Two Focus on South-western corner of Intrusive Program Two ▪ Results pending 224 samples Warriedar ▪ Altered granite with quartz ▪ Small scale gold mining in adjacent tenements Results Pending AREAS marked WHITE are NOT owned by Li3 Sample location map Warriedar SouthWest
Slide 9: Key Gold Projects
Key Gold Projects 333km2 93km2 granted tenure granted tenure Warriedar Gold Project Messenger Gold Project 20km2 63km2 granted tenure granted tenure Range Gold Project Euro Gold Project Mt Magnet and Yalgoo tenement location map Gold – Copper – Lithium Page 9
Slide 10: Messenger Gold Project
Messenger Gold Project Golden Grove Potential ▪ 93km2 ▪ Located near the EMR Golden Grove base and precious metal mine ▪ Golden Grove Unit outcrops ▪ Large outcrops of underexplored greenstone hosted quartz lodes ▪ Gold discovered in 1907 ▪ Extensive artisanal gold production ▪ Minimal modern explor
Slide 11: Euro Gold Project
Euro Gold Project Near Surface Gold ▪ 63km2 on the south Yalgoo Greenstone belt ▪ Cross-cutting shear zones host significant mineralization ▪ Historical drill intercepts ▪ Recent discovery of ultramafic units with spinifex textures (indicative of nickel). HOLE ID DEPTH INTERVAL NR017 20m 15m @ 1.15g
Slide 12: Range Gold Project
Range Gold Project Historical Production ▪ 20km2 of granted tenure ▪ Located 5km from Mt Magnet (>6Moz historical production) ▪ 7km strike length of prime geology ▪ Numerous shear hosted and orogenic quartz lodes ▪ Intrusive and porphyry-style mineralisation ▪ Mapping encouraging. Reference (2) : So
Slide 13: Li3 New Opportunity
Li3 New Opportunity ▪ Area has a History − Yalgoo and Mount Magnet mining districts of Western Australia have a proven endowment − Substantial potential remains. ▪ Location − Lower cost exploration − Close to Perth − Good access via road. No FIFO − Lower cost area to operate − Services + materials w
Slide 14: Li3 New Diversified Strategy
Li3 New Diversified Strategy Li3 Approach ▪ Quick Evaluation – Quick Decisions − Sample, map, and assay quickly − Zoom in immediately on any discovery − Drill priority targets. ▪ Strategy − Search for Gold and base metals, and Lithium − 3 new exploration programs first half 2020. ▪ Commercial − Comm
Slide 15: Li3 Activity and Action
Li3 Activity and Action Gold – Copper – Lithium Page 15
Slide 16: Li3 New People
Li3 New People ▪ Directors are Owners − Directors among the top shareholders − Strong personal connections to the success of the Company − The Directors have long-term industry experience with real mining expertise and strong corporate abilities. ▪ Executive Management − New CEO/Managing Director wi
Slide 17: Li3 Board of Directors
Li3 Board of Directors BRIAN VINCENT ANDREW DON OWEN MOLLER MASCOLO HAYTHORPE SMITH BURCHELL Non-executive Chairman Non-executive Director Managing Director Non-executive Director Non-executive Director Brian Moller specializes in capital Vincent Mascolo is a qualified Mining Andrew Haythorpe has 30
Slide 18: Li3 Overview
Li3 Overview CAPITAL STRUCTURE Li3 DATE 20/03/2020 ASX CODE Li3 SHARES ON ISSUE 147.27m SHARE PRICE A$ 0.019 UNLISTED OPTIONS 41.4m MARKET CAPITALISATION 2.8m CASH – DEC 31 2019 $929,000 DEBT 0 TOP 5 SHAREHOLDERS (13 February 2020) POSITION TOTAL SHARES PERCENTAGE 1 AUSTRALIAN CONSOLIDATED VENTURE C
Slide 19: Important Notice
Important Notice ▪ Any material used in this presentation is only an overview and summary of certain data selected by the management of Lithium Consolidated Limited (“Li3”). ▪ The presentation does not purport to contain all the information that a prospective investor may require in evaluating a pos
Slide 20: Mozambique Lithium Projects
Mozambique Lithium Projects ▪ The Company has established a significant land position in the Alto Ligonha Pegmatite Province in northern Mozambique through the ownership of five exploration licenses over an area of 31,481ha ▪ Li3 is the first ASX-listed company to enter Mozambique for hard-rock lith
Slide 21: Zimbabwe Lithium Projects
Zimbabwe Lithium Projects ▪ Li3 has established a dominant land position in the Mutare Greenstone Belt in eastern Zimbabwe, through eight lithium exploration assets consisting of a total of 72 Licenses over an area of 2,803ha, where 59 have been granted (1,800ha) and the remainder are pending grant