Narryer Metals Limited · ASX:NYM
Narryer Metals — Merger or Acquisition (March 2024)
20 slides from Narryer Metals's merger presentation, Mar 12, 2024
Slide 1: Powering North America: Acquisition of Strategic Lithium Projects
Powering North America: Acquisition of Strategic Lithium Projects Northwest Territories, Canada I n v e s t o r P r e s e n t a t i o n | 1 2 M a r c h 2 0 2 4 ASX:NYM narryer.com.au
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer This presentation has been prepared by Narryer Metals Limited (Narryer or the Company) based on information available at the date of this Presentation. To the fullest extent permitted by law, Narryer and its officers, employees, agents and advisers do not make any prese
Slide 3: Canada Lithium Project Acquisition Targeting North American Battery Supply Chains
Canada Lithium Project Acquisition Targeting North American Battery Supply Chains ‣ Narryer see the future of hard rock lithium exploration being in the Archaean cratons of northern Canada ‣ Company has acquired a 70% interest in the Big Hill and Fran projects located in the Yellowknife Lithium Prov
Slide 4: Big Hill mineralisation identified along strike to Li-FT Power’s BIG Prospect
Big Hill mineralisation identified along strike to Li-FT Power’s BIG Prospect BIG Li 4
Slide 5: Fran and Big Hill Project Areas
Fran and Big Hill Project Areas Northwest Territories ‣ Mineral exploration package over two project areas - • Big Hill (62km2) • Fran (36km2) ‣ Archean Slave Craton near Yellowknife with > 50 lithium occurrences nearby ‣ Both Projects contain evidence of LCT pegmatites, hosted in meta-sediments, wi
Slide 6: A Lithium Hotspot
A Lithium Hotspot Recent Lithium exploration activity in the Slave Craton ‣ Li-FT Power (TSXV:LFF) Pegmatite extensions, ‣ Loyal Lithium not sampled (ASX:LLI) ‣ Midas Resources (ASX:MM1) ‣ Gama Exploration (CSE:GAMA) ‣ North Arrow Minerals (TSXV:NAR) ‣ Trinex Minerals (ASX:TX3) N 250m 6
Slide 7: Fran and Big Hill Location and Infrastructure
Fran and Big Hill Location and Infrastructure ‣ Well serviced by established infrastructure ‣ Yellowknife, the capitol of Northwest Territories is located a 30-minute drive along a state-maintained highway (Ingham Trail) from the Big Hill project ‣ Yellowknife airport sustains regular commercial fli
Slide 8: Big Hill Project - Overview
Big Hill Project - Overview ‣ Known occurrences of spodumene-hosted pegmatites ‣ Claims are located immediately to the east and partially surround Li-FT Power’s (TSXV:LIFT) BIG lithium project ‣ Li-FT Power’s BIG prospect consist of three clusters of pegmatite swarms, ~2 km combined strike length of
Slide 9: Big Hill - Exploration
Big Hill - Exploration Sampling areas ‣ First pass exploration in June 20231, included: • Ground truthing of satellite imagery targets and first pass mapping of structures • Handheld LIBS sampling • Channel Sampling Pegmatite extensions, ‣ Newly identified spodumene-bearing pegmatite not sampled dis
Slide 10: Big Hill East
Big Hill Project Channel Sampling Big Hill East First pass exploration 2.57% Li2O over 1m BHDS-023 10
Slide 11: Fran Project - Overview
Fran Project - Overview 114o 113.9o ‣ Fran (3 Claims) is located approximately 10km north of Big Hill and covers an area of approximately 36km 2 ‣ Known highly fractionated pegmatite systems, with beryl and rare earth occurrences identified at Riber, Fran 1 and Fran 2 ‣ Exposed Riber pegmatite is 13
Slide 12: Fran Project - Exploration
Fran Project - Exploration ‣ First pass exploration in June 2023 identified lithium mineralisation1 ‣ The Riber pegmatite contained grab samples of up to 3.95% Li2O. Petrology is required to identify Li mineral assemblage. ‣ Channel sampling completed over two dykes showed encouraging Li assays (Li
Slide 13: Acquisition Details
Acquisition Details Exclusivity fee A$50,000 cash payment and issue of 2.5 million NYM shares, 2.5 million options excisable at $0.10 on or before 31 December 2026 Initial Consideration for A$50,000 cash payment and issue of 12.5 million 70 % of Project NYM shares 1.5% net smelter return royalty (NS
Slide 14: Capital Structure Post Acquisition
14 Capital Structure Post Acquisition Current Shares on Issue 65,056,007 Vendor Exclusivity Shares (Issued 12 March 2024) 2,500,000 Vendor Initial Consideration Shares * 12,500,000 Tranche 1 Placement Shares 11,264,018 Tranche 2 Placement Shares * 14,985,982 Shares on Issue Post Transaction 106,306,
Slide 15: Other Canadian Projects
Other Canadian Projects
Slide 16: 7 additional lithium projects in Canada
7 additional lithium projects in Canada ‣ 7 Projects covering 270 km2 located in the prospective James Bay, Abitibi and NW Ontario regions, Superior Craton ‣ Company identifies key exploration field focus in Quebec and Ontario in 2024 are - • Walrus Island, James Bay - Project (14km2) in James Bay#.
Slide 17: Optimising Australian Portfolio for maximum value
Optimising Australian Portfolio for maximum value 17
Slide 18: Work continues at NYM’s Australian Critical Minerals Projects
Work continues at NYM’s Australian Critical Minerals Projects Narryer Ni-Au Project • Further fieldwork for 2024 Rocky Gully • Carbonatite target • Aircore, RC & diamond drilling (EIS) funded planned to test Sc & REE mineralisation Ceduna • Multiple targets (PGE, Sc, REE) generated to test with airc
Slide 19: Board & Management
Board & Management Philip Warren Non-Executive Director Richard Bevan • Chartered accountant and Managing Director of corporate advisory firm Grange Consulting Group Non-Executive Chairman • 15+ years of corporate advisory experience specialising in financing, capital • Extensive senior management e
Slide 20: Contact Details
Contact Details Dr Gavin England Investor Relations Managing Director Evy Litopoulos ResolveIR gavin@narryer.com.au evy@resolveir.com +61 8 9322 7600 For more info: ASX:NYM www.narryer.com.au 20