Platina Resources Limited · ASX:PGM
Platina Resources — Investor Presentation (June 2023)
26 slides from Platina Resources's investor presentation, Jun 19, 2023
Slide 1: Discovery Driven Value Creation
Discovery Driven Value For personal use only Creation Exploring for gold in one of the world’s most prolific mineral provinces Corey Nolan Managing Director ASX:PGM June 2023
Slide 2: Discovery Driven Value Creation
Discovery Driven ASX:PGM Value Creation High-potential, exploration projects in a For personal use only premier gold jurisdiction, providing an opportunity for significant share price upside leverage to discovery success 2 Location, location Exploration strategy Gold focussed Technical capability So
Slide 3: Seven gold projects in the Ashburton Basin and Yilgarn Craton
Seven gold projects located ASX:PGM in the Ashburton Basin and Yilgarn Craton For personal use only Activities driving value creation: Joint Venture project • NSW scandium project sold for US$14m# 200km • Well-funded to maximise in-ground spend 3 • Plan to drill three gold projects in 2023 – Xanadu,
Slide 4: Our transformation
Our transformation ASX:PGM Platinum focus Gold focus For personal use only M t Narryer Project S kaergaard Project Gold Gold | PGM X anadu Project Gold Jubilee Project Gold 4 Challa Project Gold M unni Munni Project Platinum Binti Binti Project Gold Brimstone Project Gold Beete Project Platina Scand
Slide 5: Platina Scandium Project
Platina Scandium Project ASX:PGM Up to US$14 million (A$20 million*) in cash to be realised from sale# This transaction with Rio Tinto For personal use only will also allow Platina shareholders to benefit from an • Binding sale agreement signed with subsidiary of Rio Tinto Ltd injection of new fundi
Slide 6: Low value attributed to gold portfolio following scandium sale
Low value attributed to gold ASX:PGM portfolio following scandium sale For personal use only Implied value of WA gold projects: Xanadu $16.2m Brimstone Beete Binti Binti $11.8m Challa Mt Narryer JV 6 Jubilee $8.8m A$1.3m $0.8m Adjusted Enterprise $2.3m $1.3m Value Market Investments^ Cash @ 31 PSP S
Slide 7: Strong gold price momentum ahead of drilling programs
Strong gold price momentum ASX:PGM ahead of drilling programs Gold price For personal use only AUD/oz USD/oz as at 9 June 2023 as at 9 June 2023 Source: goldbroker.org Source: tradingeconomics.com 3000 2250 2000 1750 7 2000 1500 1250 1000 1000 750 500 250 1980 1990 2000 2010 2020
Slide 8: Strategy to drill three gold projects in 2023
Strategy to drill three gold ASX:PGM projects in 2023 For personal use only 8 PROJECT Brimstone Xanadu Beete LOCATION 40km north-east of Kalgoorlie 29km south of Parabardoo 42km south of Norseman Eastern Goldfields, Yilgarn Craton Ashburton Basin Norseman Greenstone Belt, Yilgarn Craton TARGET Gold
Slide 9: Active news flow ahead
Active news flow ahead ASX:PGM May June July Aug Sept Oct Nov Dec For personal use only BRIMSTONE Phase 1 aircore drilling Phase 1 Reverse circulation drilling Phase 2 Reverse circulation drilling 9 XANADU Hermes rock chip & mapping program Hermes cultural heritage approvals Hermes reverse circulati
Slide 10: Brimstone Project
Brimstone Project ASX:PGM 2.5km from Penny’s Find gold deposit Located near Kalgoorlie in close Broad Arrow Brimstone Project proximity to the high-grade, Penny’s For personal use only Find deposit Paddington Pennys Find 2.5km from Penny’s Find gold deposit • Significant number of broad widths and h
Slide 11: Brimstone Project: RC drilling planned to test five targets
Brimstone Project ASX:PGM Reverse circulation drilling being planned to For personal use only test five targets • Numerous walk-up drill targets defined across tenement package 11 • RC drilling planned in July 2023 - test the mineralisation at depth and along strike at Brandy, Garibaldi, Old Camp an
Slide 12: Brimstone Project: Garibaldi prospect high-grade intersections
Brimstone Project ASX:PGM Garibaldi prospect – high-grade and thick intersections GFRC002 34m @ 2.80g/t from 34m incl. 7m @ 10.65g/t from 48m For personal use only GFRC016 22m @ 4.55g/t from 18m incl. 11m @ 8.48g/t from 20m 12 GFRC017 19m @ 1.1g/t from 83m GFRC032 55m @ 2.07g/t from 43m
Slide 13: Xanadu Project
Xanadu Project ASX:PGM Regional scale geological Paulsens Gold Project setting adjacent to million- For personal use only Black Cat Syndicate^^ Total JORC Resources ounce resource 0. 27 Mozs Au Historical production 0. 9 Mozs Au @ 7.2g/t Au Mt Olympus Gold Project • Located on the 470km Nanjilgardy
Slide 14: Xanadu Project: Systematic exploration program
Xanadu Project ASX:PGM Systematic exploration program to test full For personal use only potential required • Historical focus on shallow oxide mineralisation for heap leach operation 14 • Large number of economic grade and width drill intersections – see next slide • Widespread gold mineralisation
Slide 15: Xanadu Project: Historical drilling highlights
Xanadu Project ASX:PGM Historical drilling highlights project potential For personal use only 15 Mt Olympus information – www.kzr.com.au To see breakdown of Measured, Indicated & Inferred Resources please see disclaimer in this presentation
Slide 16: Xanadu Project: Hermes shaping up as major new drilling target
Xanadu Project ASX:PGM Hermes shaping up as major new drilling For personal use only target Waugh Mine • Shares similar structural and Mt Olympus Mine Kalamazoo Prospect geological setting to Mt Olympus deposit 10km to the north-west Peak Mine Zeus Mine 16 Amphitheatre Pit Howies Hole Fault • Rock c
Slide 17: Xanadu Project: Major exploration and drilling program planned
Xanadu Project ASX:PGM Major program of exploration and drilling planned for 2023 For personal use only • Cultural heritage clearance pending for Hermes • Hermes RC drilling planned 3Q2023 17 • Diamond drilling deeper structural targets at Xanadu West 4Q2023 • Explore balance of over 45km strike alo
Slide 18: Beete Project
Beete Project ASX:PGM Gold, lithium and nickel potential Buldania (Liontown Resources) Norseman Located 10km south of 1Moz Scotia Norseman Gold Project Mt Deans Lithium Project Mining centre and north of recent For personal use only (Pantoro & Tulla Resources) (Aruma Resources) Salmon Gums discovery
Slide 19: Mt Narryer Project
Mt Narryer Project ASX:PGM Gold, lithium and nickel Project joint ventured with Chalice Mining (ASX:CHN). Market cap For personal use only $2.76 billion^ • Geological setting analogous to the Julimar deposit situated 380km to the south 19 • Structure - covers an aeromagnetic high splaying off a majo
Slide 20: Executive team
Executive team ASX:PGM For personal use only Corey Nolan Managing Director 20 Rohan Deshpande Exploration Manager
Slide 21: Board of Directors
Board of Directors ASX:PGM Highly experienced in mining project developments For personal use only Corey Nolan Brian Moller Chris Hartley John Anderson 21 Managing Director Non-Executive Chairman Non-Executive Director Non-Executive Director 27 years experience focused on the Brian is a partner at t
Slide 22: Corporate snapshot and Investments
Corporate snapshot Investments ASX:PGM Share price Market capitalisation Alien Metals (AIM: UFO) Major Precious Metals For personal use only A$0.026c A$16.2m A$0.46m A$1.8m As at 16 June 2023 60 million shares 49 million shares 52 week high $0.041, low $0.017 Developing iron ore, silver, and Develop
Slide 23: Share price catalysts
Share price catalysts ASX:PGM 05 For personal use only New project 04 opportunities 03 Beete drilling 23 Xanadu drilling 02 Brimstone drilling 01 Closing scandium project sale
Slide 24: Disclaimer
Disclaimer. ASX:PGM C AUTIONARY AND FORWARD-LOOKING STATEMENTS REFERENCES TO PREVIOUS ASX RELEASES This presentation contains “forward-looking information” which may include, but is not limited to, statements with The information in this presentation that relates to Exploration Results, Mineral Reso
Slide 25: Resources references in presentation
Resources references in presentation ASX:PGM Project / Owner / Source Category kt g/t Au Kozs Scotia Mining Centre Indicated 10,734 2.2 734 50% Tulla Resources and 50% Pantoro Limited Inferred 4,736 1.5 227 For personal use only Total 15,471 2.0 999 Norseman Gold Mineral Resource Measured 4,572 1.6
Slide 26: Contact
Contact ASX:PGM For personal use only 26 Corey Nolan Managing Director Phone +61 7 5580 9094 admin@platinaresources.com.au ASX: PGM
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