Scorpion Minerals Limited · ASX:SCN
Scorpion Minerals — Investor Presentation (June 2023)
23 slides from Scorpion Minerals's investor presentation, Jun 29, 2023
Slide 1: On the Fast-track to Lithium Production
On the Fast-track to Lithium Production Corporate Presentation | June 2023
Slide 2: Disclaimer
SCORPION MINERALS LIMITED Disclaimer COMPETENT PERSONS STATEMENT September 2014. The Company confirms that it is not with respect to the subscription for, purchase or sale of aware of any new information or data that materially any security, and neither this announcement nor The information in this
Slide 3: Scorpion Minerals Vision
SCORPION MINERALS VISION To become a multi-project lithium producer of significance, utilising a team of proven professionals who have successfully taken multiple exploration companies to production. 3
Slide 4: Our Values
FOCUS ON ESG Integrity We are honest in everything we do. We maintain the highest degree of ethical behavior and the appropriate Our Values level of openness, honesty, fairness, and respect Community-Focused Through active and sustained involvement with our We are Scorpion Minerals Limited. What nei
Slide 5: Who is Scorpion Minerals: Emerging Future Lithium Producer
WHO IS SCORPION MINERALS Emerging Future Lithium Producer Two WA TIER-1 MINING LOCATION Lithium Assets Attractive portfolio in Western Australia with confirmed lithium mineralisation lithium projects Advanced project Youanmi 100% owned by Scorpion Minerals: ▪ The Youanmi Project covers an area of 27
Slide 6: Corporate Snapshot and Share Price Performance
C O R P O R AT E O V E R V I E W Corporate Snapshot Scorpion Minerals Share Price (28th June 2023) Shares on Issue AUD 0.079/share 345,706,192 Various Options 147,750,000 Multiple highly prospective lithium assets located in Australia Why Scorpion Existing experienced management team that has track
Slide 7: Focused on Delivering Shareholder Value
SCN Board Gender Diversity D I V E R S E & D E D I C AT E D L E A D E R S H I P T E A M Focused on Delivering Shareholder Value % Bronwyn Barnes Michael Fotios 66 FEMALE NON-EXECUTIVE CHAIRMAN CHIEF EXECUTIVE OFFICER An experienced mining executive and director with extensive experience in Mr Fotios
Slide 8: Youanmi: Advanced Project Review
L O C AT I O N M AT T E R S Youanmi: Advanced Project Review Location Tier One Location: ▪ Supportive government, secure jurisdiction, clear operating environment Regional Context Extensive Tenure Opportunity: ▪ The Youanmi Project comprises E57/978, E57/1049, E57/1056 and E57/1377 and covers an are
Slide 9: Youanmi: Project History & Regional Success
R E G I O N A L E X P L O R AT I O N S U C C E S S Youanmi: Project History & Regional Success RECENT DRILLING RESULTS CONFIRM HISTORIC DRILLING INTERCEPTS 2018 Youanmi region shows similarities to other emerging WA lithium centres1 2019 Lithium Australia hits at Youanmi ▪ Further essay results from
Slide 10: Progressing Youanmi
YOUNANMI Progressing Youanmi Advanced Targets and Local Exploration Potential: Project Context ▪ Individual pegmatites are up to 1,000 metres (“m”) long and surface exposures suggest widths from 5m to 15m. Drilling intersected lithium mineralisation up to 13m in thickness, with individual 1m assays
Slide 11: Youanmi Cross Section Results
S I G N I F I C A N T L i 2 O D R I L L I N G R E S U LT S Youanmi CROSS SECTION RESULTS Cross Sections 6-827-360 mN (A-A’), 6-827-180mN (B-B’) and 6-826-62mN (C-C’). Showing new drilling, pegmatite intercepts, and significant Li2O Drilling Results in Shallow East-Dipping Stacked Pegmatites. Source:
Slide 12: Pharos: Project Review
L O C AT I O N M AT T E R S Pharos: Project Review Access & Critical Infrastructure Exists: Access ▪ Roads: Sealed roads from Project to Port ▪ Abundant sub-surface water available Scorpion Extensive Tenure Opportunity: Regional Context ▪ Covers an area of 1,335km2 ▪ Lithium: extensive LCT pegmatite
Slide 13: Poona Lithium Corridor
POONA Lithium Corridor Regional Context Advanced Targets and Local Exploration Potential: ▪ Exploration activities during the quarter focused on the largely untested 50km strike zone of LCT pegmatites within the Project, with the Company continuing its evaluation of the extensive LCT pegmatite swarm
Slide 14: Lithium Sector Valuation Curve
LIFECYCLE OF MINERAL DISCOVERY E M H : $189M E U R : $149M L P I : $201M Lithium Sector A1 1 : $375M L L L : $1,287M V U L : $688M Valuation Curve L K E : $541M L T R : $6,513M G L 1 : $400M 5 E A: $292M AK E : $10,110M E SS: $119M G L N: P L S: $14,450M $310M ASN: $196M AZ S: $443M L R S: $510M I N
Slide 15: Funding Our Growth
MAXIMISE GROWTH WHILE MINIMISING EQUITY DILUTION Funding Our Growth ▪ Discussions underway with prospective strategic partners Sale of Project Interest ▪ Structures may include sale of project interest or acquisition of new projects jointly Sale of Non-Core Assets ▪ Discussions underway for sale of
Slide 16: Investor Relations
S C O R P I O N M I N E R A L S C O N TA C T D E TA I L S Investor Relations Michael Langford CHIEF INVESTMENT OFFICER michael@scorpionminerals.com.au +65-9826-3258 Pharos Youanmi scorpionminerals.com.au
Slide 17: Appendices
F U R T H E R I N F O R M AT I O N Appendices 17
Slide 18: Youanmi Site Photography
SITE PHOTOGRAPHY Youanmi Pegmatite Float Pegmatite Float RC Drilling 18 *ASX Announcement 23 Mar 2023: Drilling Confirms 3km of LCT Pegmatites Strike at Youanmi
Slide 19: Poona East Site Photography
SITE PHOTOGRAPHY Poona East Close up of weathered pegmatite showing Pegmatite dyke Pegmatite dyke lepidolite and coarse elongate crystals that could be spodumene* 19 *ASX Announcement 20/10/2022: Multiple Lithium Pegmatite Dykes at Poona
Slide 20: Poona West Site Photography
SITE PHOTOGRAPHY Poona West Close up of coarse-grained weathered Outcrop exposure Coarse-grained weathered pegmatite pegmatite showing lepidolite and coarse elongate crystals that could be spodumene 20 *ASX Announcement 20/10/2022: Multiple Lithium Pegmatite Dykes at Poona
Slide 21: Non-Core Assets
F U R T H E R I N F O R M AT I O N Non-Core Assets 21
Slide 22: Mt Mulcahy: Cu-Zn-Ag-Au-Co
MT MULCAHY Cu-Zn-Ag-Au-Co Large VMS System Remains Untested: Review of best approach to unlock value for shareholders underway: ▪ Mt Mulcahy hosts a significant Cu-Zn-Ag-Au-Co resource in VMS stratigraphy similar to Golden Grove ▪ Resource identified at South Limb Pod ▪ Multiple untested VTEM/Geoche
Slide 23: Perses: Underexplored Targets
PERSES PGE-Nickel- Copper-Cobalt Underexplored Targets Perses and Pallas Prospects:: ▪ Historic exploration tested magnetic targets with limited Air Core and RC ▪ Single air core traverse at Perses and one RC hole at Pallas ▪ Perses: 8m @ 1.02%Ni, 1096ppm Co plus anomalous Pd/Pt ▪ Pallas one ~100m d
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