Tg Metals Ltd. · ASX:TG6
Tg Metals — RIU South-West Connect (October 2024)
17 slides from Tg Metals's conference presentation, Oct 16, 2024
Slide 1: High Grade Lithium - Lake Johnston Lithium-Nickel-Gold Project
For personal use only HIGH GRADE LITHIUM Lake Johnston Lithium-Nickel-Gold Project RIU SOUTH-WEST CONNECT Investor Presentation October 2024 ASX:TG6
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by TG Metals Limited. The information contained in this presentation is not investment or financial product advice and is not intended to be used as the basis for making an investment decision. The presentation has been prepared without taking into acco
Slide 3: Forward Looking Statements
FORWARD LOOKING STATEMENTS This presentation contains certain statements that may constitute “forward looking statement”. Such statements are only predictions and are subject to inherent risks and uncertainties, which could cause actual values, results, performance achievements to differ materially
Slide 4: Lithium Focused Exploration & Development
LITHIUM FOCUSED EXPLORATION & DEVELOPMENT ✓ Burmeister Lithium deposit progressing to maiden resource ✓ Jaegermeister prospect discovery adds to the For personal use only project size ✓ Seismic results show continuity of pegmatite structures at depth ✓ First metallurgical tests produce SC6 concentra
Slide 5: Corporate Overview
CORPORATE OVERVIEW For personal use only CAPITAL STRUCTURE SHAREHOLDER COMPOSITION Shares on Issue Cash & Receivables1 Market Cap2 Enterprise Value Top 50 Shareholders 58.90% 71.1M $8.0M 1 $11.4M 2 $3.4M Directors & Management 5.40% at 30 June 2024 at $0.16 share price Unlisted Options* Performance
Slide 6: Lake Johnston Region of Western Australia
LAKE JOHNSTON REGION OF WESTERN AUSTRALIA ▪ Four operating lithium mines ▪ Close to Esperance Port ▪ TG Metals has the dominant land holding across the Lake Johnston For personal use only greenstone belt ▪ TG Metals Burmeister lithium deposit is the largest in the belt, comparable to regional deposi
Slide 7: Burmeister Lithium Pegmatite Deposit
For personal use only BURMEISTER LITHIUM PEGMATITE DEPOSIT 7
Slide 8: Burmeister Deposit
BURMEISTER DEPOSIT ▪ Stacked pegmatite system ▪ Main deposit 1,500m in strike ▪ Exploration Target Statement* Tonnes Range Tonnes Range Li2O Range Li2O Range For personal use only Low High Low (%) High (%) 15.6 million 20.1 million 0.97 1.19 At 0.4% Li2O cutoff ▪ Based on modelling of new drilling ▪
Slide 9: Burmeister Deposit
BURMEISTER DEPOSIT ▪ Potential standalone size and grade ▪ Untested upside within and proximal to conceptual pit shells to be defined by Seismic survey results ▪ Best drill intercepts from recent drilling*: For personal use only ▪ 23.5m @ 1.52% Li2O, from 127.4m ▪ 20m @ 1.38% Li2O, from 120m ▪ 20m @
Slide 10: Burmeister Pegmatites
BURMEISTER PEGMATITES ▪ Shallow weathering profile ▪ Stacked pegmatites with shallow dips ▪ Optimised pit shells take in majority of modelled mineralisation – open at depth ▪ Spodumene occurs throughout the pegmatites ▪ 100m x 100m infill to get inferred resource For personal use only OPEN DOWN DIP,
Slide 11: Burmeister Metallurgy
BURMEISTER METALLURGY ▪ Spodumene identified as the dominant mineral @ 35.9% ▪ First sighter metallurgy has produced spodumene concentrate up to 6.31% Li2O* For personal use only ▪ DMS proven effective on Burmeister ore ▪ Front end ore sorting performed well, rejecting approx. 70% of basalt waste, u
Slide 12: Burmeister Metallurgy
BURMEISTER METALLURGY ▪ Flotation testwork nearing completion ▪ Flotation is suitable for the fine fractions of processing feed ▪ Improves overall recoveries For personal use only ▪ First stage in selecting a preferred flowsheet ▪ Targeting open pit amenable process feed and hybrid flowsheet – towar
Slide 13: Jaegermeister Prospect
JAEGERMEISTER PROSPECT ▪ First drilling discovers new high grade pegmatites ▪ Thickening to the west, 10m @ 1.19% Li2O* on westernmost hole For personal use only drilled so far ▪ Initial indications that Jaegermeister potentially as big or larger than Burmeister ▪ Seismic results show Jaegermeister
Slide 14: Emerging Prospects
EMERGING PROSPECTS ▪ TAY PROSPECT Historical drilling interrogated for pegmatite occurrences ▪ Underexplored for lithium, historical gold and base metals focus For personal use only ▪ Approvals process underway for drilling ▪ TAYLOR ROCKS Newly granted tenement. Adjacent to RIO tenure. Potential for
Slide 15: Ongoing Exploration Delivering Results
For personal use only ONGOING EXPLORATION DELIVERING RESULTS 15
Slide 16: Key Investment Drivers
KEY INVESTMENT DRIVERS IDENTIFY DRILLING • Evaluating lithium mineralisation early • Further down-dip drilling at Jaegermeister approved • Construct geology and mineralisation models and Exploration Target • Infill drilling on Burmeister deposit – progression to first resource • Conceptual pit shell
Slide 17: Thank You
ASX:TG6 | tgmetals.com.au THANK YOU For personal use only FOR MORE INFORMATION David Selfe – CEO Email: dselfe@tgmetals.com.au Evy Litopoulos – Investor Relations ResolveIR Email: evy@resolveir.com