Cazaly Resources Limited · ASX:CAZ
Cazaly Resources — Investor Presentation (June 2023)
23 slides from Cazaly Resources's investor presentation, Jun 23, 2023
Slide 1: Cazaly Continues to Diversify into Canada with Highly Prospective Critical Mineral Projects
For personal use only CAZALY CONTINUES TO DIVERSIFY INTO CANADA WITH HIGHLY PROSPECTIVE CRITICAL MINERAL PROJECTS Carb Lake REE, Sundown Li JUNE 2023 ASX:CAZ
Slide 2: Competent Person's Statement & Disclaimer
Disclaimer For personal use only Competent Person’s Statement & Disclaimer The information contained herein that relates to exploration targets and exploration results is based upon information compiled or reviewed by Ms Tara French and Mr Don Horn, who are employees of the Company. Ms Tara French a
Slide 3: Shareholders & Capital Structure
SHAREHOLDERS & CAPITAL STRUCTURE For personal use only N McMahon (Estate) Capital Structure & Associates Share Price (22 June 2023) $0.04 Cash & Investments (31 March 2023) $8.1M Other 11% Directors and Market Capitalisation $15M Top 20 Management 30% 10% Shares Quoted 371,821,793 Fully paid ordinar
Slide 4: About Cazaly
ABOUT CAZALY For personal use only • Founded in 2003 by Clive Jones & Nathan McMahon • Strong track record for project generation • Value add & de-risk projects with boots on ground exploration through to resource development • Maintain a pipeline of projects and a diverse portfolio of commodities w
Slide 5: Board and Management
BOARD AND MANAGEMENT Clive Jones Terry Gardiner Chairman Non-Executive Director For personal use only Founding Director of Cazaly +20 years experience in capital +35 years industry experience in markets, corporate advising, the mineral & energy sectors stockbroking Tara French Jonathan Downes Managi
Slide 6: Cazaly to Acquire Large Lithium Project in James Bay District, Quebec
For personal use only CAZALY TO ACQUIRE LARGE LITHIUM PROJECT IN HIGHLY PROSPECTIVE JAMES BAY DISTRICT, QUEBEC Sundown Lithium, Canada JUNE 2023 ASX:CAZ
Slide 7: Sundown Lithium Project
SUNDOWN LITHIUM PROJECT World Class Lithium deposits. Reserves: For personal use only • 37.2Mt @ 1.3% Li2O Allkem’s James Bay deposit • 36.6Mt @ 1.3% Li2O Namaska’s Whabouchi deposit • 119.1Mt @ 1.1% Li2O Sayona-Piedmont JV Outstanding opportunities for new discovery • Patriot Battery Metals Corvett
Slide 8: Geology & Exploration
GEOLOGY & EXPLORATION For personal use only • Very little modern exploration across the tenement • Historical focus on gold exploration in the district • In 2022 Gladman suite identified, E-W trending pegmatitic dykes with tourmaline, garnet and muscovite suitable for the development of lithium mine
Slide 9: Environmental Social Governance (ESG)
ENVIRONMENTAL SOCIAL GOVERNANCE (ESG) For personal use only • An Environmental Impact Assessment will be conducted once exploration plans have been finalised • Early communication has been established with the Cree Nation Wemindji Chief of Eeyou Istchee lands and various trapline owners 9 CAZALY RES
Slide 10: Near Term Catalysts 2023
NEAR TERM CATALYSTS 2023 End July August September Oct-Dec For personal use only Completion of Target generation, Subject to results: Subject to results: satisfactory surface sampling, further surface Drill testing best due diligence geological mapping sampling, targets and or drill planning 10 CAZA
Slide 11: Transaction Overview
Cazaly has agreed to the following terms to acquire TRANSACTION 100% of the Sundown Lithium Project. OVERVIEW Pay a non-refundable Subject to satisfactory Pay on each anniversary years 1-3 For personal use only Option Fee of due diligence pay C$250k cash + C$750k C$50k C$350k cash + C$600k stock or
Slide 12: Canada's Critical Minerals Strategy
CANADA’S CRITCAL MINERALS STRATEGY • Draft paper for comment released For personal use only September 2022 • Strong government support with $4 billion committed in FY22 budget CANADA’S • Geopolitically stable location with sound LITHIUM PROJECTS ESG practises • Advanced Projects in James Bay Distric
Slide 13: Supportive Government
SUPPORTIVE GOVERNMENT The Canadian Critical Minerals Strategy For personal use only Foreword from the Minister of Natural Resources “Canada is a world leader in environmental, social and governance standards with respect to mining, with Canadian industry advancing important initiatives such as Towar
Slide 14: Cazaly Acquired 100% of Large Canadian Rare Earths Project
For personal use only CAZALY ACQUIRED 100% OF LARGE CANADIAN RARE EARTHS PROJECT Carb Lake, Canada JUNE 2023 ASX:CAZ
Slide 15: Carb Lake REE Project
CARB LAKE REE PROJECT Large scale carbonatite For personal use only • Located in the Red Lake district, a well known mining province in Canada • 2.5 – 3km in diameter Largely unexplored • 1960’s - four diamond drill holes – niobium exploration • 2011 - geophysical survey • No exploration drilling in
Slide 16: Geology
GEOLOGY • Carb Lake is located in NW Ontario, 10km For personal use only from the Manitoba border • The Carb Lake Carbonatite Complex occurs in the Kenyon structural zone (KSZ) of the Superior Province of the Canadian shield • Proterozoic aged intrusive unit hosted within Archean felsic to intermedi
Slide 17: Exploration History (1960s-1980s)
EXPLORATION HISTORY Late 1960s to 1980s For personal use only • Magnetics, Radiometrics flown • 1960s Niobium exploration - Four drill holes, average hole depth 140m – NO ASSAY RESULTS • Drilling confirms mineralised carbonatite (bearing Ce, La carbonates) DD004 • 1980s Samples were re-analysed for
Slide 18: Exploration History 2011
EXPLORATION HISTORY 2011 For personal use only • After China cut exports to Japan in 2010, supply concerns saw REE prices surge over 200% • Countries and producers scrambled for new REE sources, interest in Carb Lake was renewed • South American Rare Earth Corp (SAREC) flew detailed aeromagnetics •
Slide 19: Environmental Social Governance (ESG)
ENVIRONMENTAL SOCIAL GOVERNANCE (ESG) • An Environmental Impact Assessment will be Project Boundary For personal use only conducted once exploration plans have been finalised • No First Nations Claim exists over the property, however the land is used by the Sachigo Lake First Nations people for hunt
Slide 20: Canada's Critical Minerals
CANADA’S CRITCAL MINERALS For personal use only • Nechalacho - First REE Mine in Canada CANADA’S opened in 2021 by Vital Metals REE PROJECTS • Ashram project - advanced feasibility Carb Lake Source: Government of Canada. Rare earth element facts. 2023. https://natural-resources.canada.ca/our-natural
Slide 21: Cazaly's Diversified Portfolio
CAZALY’S DIVERSIFIED PORTFOLIO For personal use only 21 CAZALY RESOURCES LIMITED JUNE 2023 ASX:CAZ
Slide 22: CAZ Investment Opportunity
CAZ INVESTMENT OPPORTUNITY Royalty Streams - Iron Ore (WA) Hamersley development studies - 15.7% equity • NEW Lithium and REE Projects in Canada interest & performance rights & US$0.30/t royalty For personal use only • Sundown Lithium project 260km2 untested, Quebec in Equinox (ASX: EQN) • Carb Lake
Slide 23: For more information please contact us
For personal use only For more information please contact us: +61 8 9322 6283 admin@cazalyresources.com.au www.cazalyresources.com.au Corporate Office Level 3 30 Richardson Street West Perth 6005 ACN 101 049 334 @CazalyLimited