Clara Resources Australia Limited · ASX:C7A
Clara Resources Australia — Shareholder Meeting (June 2023)
17 slides from Clara Resources Australia's shareholder meeting presentation, Jun 6, 2023
Slide 1: Corporate Presentation
Corporate Presentation Chief Executive Officer Peter Westerhuis Extraordinary General Meeting, 6th June 2023
Slide 2: Project Overview
Project Overview Clara - a unique opportunity, developing diverse resources critical to global economic growth and electrification Kildanga Ni-Co Project (100% owned) Resource definition & development of Kildanga Ni & Co resource. - Greenfield project in Brownfield location - Established service cen
Slide 3: Capital Raise to Progress Ashford Coking Coal Project and Kildanga Prospect
Capital Raise to Progress Ashford Coking Coal Project and Kildanga Prospect Placement Overview Clara Resources has received firm commitments for a Total Capital Raised ($m) 3.5 share placement to raise A$3.5 million (before costs) by way of a two-tranche placement to institutional, Total Shares Issu
Slide 4: Corporate Snapshot – Post Capital Raise/Consolidation
Corporate Snapshot – Post Capital Raise/Consolidation Brian Moller Capital Structure Non-Executive Director & Chairman Solicitor with 30+ yrs experience in capital Price (Cents) (at issue price) 6.0 raising, mergers and acquisitions. Total Shares on Issue (m) 200.5 Peter Westerhuis Total Options on
Slide 5: Ashford Coking Coal Project
Ashford Coking Coal Project Potential to produce quality coking coal, sought by global steelmakers
Slide 6: Coking Coal Outlook
Coking Coal Outlook Steelmaking (Coking) Coal is a necessary ingredient to produce steel Australian Export Coking Coal Outlook to 2027 $700 Historical spot coking coal price, $US/t $600 $500 - Proximity to Asian markets supports future demand $400 $300 - Energy transition driving steel & coking coal
Slide 7: Ashford Coking Coal Project
Ashford Coking Coal Project Ashford Coking Coal Project (40% owned with option to purchase remaining 60%) Comprising JORC resource of 14.8Mt semi-hard and potentially hard coking coal Project Location 31 July 2020 - Clara (Formally Aus Tin Mining) signed a binding term sheet with Laneway Resources (
Slide 8: Ashford Coking Coal – Quality Resource
Ashford Coking Coal – Quality Resource Ashford Coking Coal Project (40% owned with option to purchase remaining 60%) The Ashford Project comprises two exploration leases, EL6234 & EL6428 Project development & coal quality Future Drilling Clean Coal Analysis drilling EL 6428 EL6234 targeted drilling
Slide 9: Ashford Coking Coal – Logistics & Approval
Ashford Coking Coal – Logistics & Approval Inland Rail Project creates efficient route to market Approval Process Environmental permits & consents required before conversion to a mining lease Preparation for EIS commenced Ashford Coking Coal Project Engagement & consultation with stakeholders is key
Slide 10: Ashford Coking Coal – Project Milestones 2023
Ashford Coking Coal – Project Milestones 2023 Project Activity Q1 Q2 Q3 Q4 Coal processing options study Commence Product route to market options study Manage access agreements Commence exploration program Commence NSW EIS Baseline studies Ashford Coking Life-of-Mine options study Coal Project Comme
Slide 11: Ashford Coking Coal - Outlook
Ashford Coking Coal - Outlook Aim is to be in production c. 3.5 years Look to further accelerate the commercialization schedule, taking advantage of market demand for quality coking coal Potentially exceptional economics Q1 2023 Q3 2023 Q3 2023 Q2 2024 Q3 2025 Q4 2025 Q2 2026 Q4 2026 Q1 2027 Commenc
Slide 12: Kildanga Ni-Co Project
Kildanga Ni-Co Project Kildanga Location is host of historical polymetallic mineralisation
Slide 13: Kildanga Ni-Co – Commodity Upsides
Kildanga Ni-Co – Commodity Upsides Cobalt Nickel - Proliferation of Li-ion batteries is driving Co demand - Massive raw material supply shortages predicted - DRC produces 70% of Co ores - China dominates Li-ion supply chain - Co raw material supply shortages predicted 23/24 - ESG policies support su
Slide 14: Kildanga Ni-Co Strong Resource Potential
Kildanga Ni-Co Strong Resource Potential § Kilkivan area contains one of Qld’s earliest gold discoveries, hosts rich polymetallic mineralisation § More than 100 historic mining leases in the area, dating back to 19th century (Tablelands, Commercial Reef, New Zealand, Black Snake, Homeward Bound, Mt
Slide 15: Kildanga Ni-Co – History
Kildanga Ni-Co – History Recent exploration drilling at Mt Cobalt 5/7/16 23/11/16 16/2/18 High-Grade Cobalt Results High-Grade Cobalt Results Further High-Grade Cobalt Results Price at the time : US$24,000/T Price at the time : US$30,000/T Price at the time : $38,000 USD/T Rock Chip samples assaying
Slide 16: Kildanga Ni-Co Project Milestones 2023
Kildanga Ni-Co Project Milestones 2023 Project Activity Q1 Q2 Q3 Q4 Completion of historical exploration and geological reconciliation, identify further program Commence drilling program Kildanga Ni- Co Declare exploration target Project Commence exploration analysis outcomes Ore treatment technical
Slide 17: Highlights
Highlights Ashford Development Studies at Ashford to demonstrate economically recoverable, high quality 1 Path coking coal project feasibility Resource delineation and extension drilling at Ashford coal and Kildanga Ni- 2 Exploration Activities Co exploration activities Proximity to Asian markets an
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