Verde Agritech Ltd · TSX:NPK
Verde Agritech — Technical Presentation (December 2024)
39 slides from Verde Agritech's technical presentation, December 2024
Slide 1: Man of War Ionic Adsorption Clay Rare Earths Project
I N V E S TO R S P R E S E N TAT I O N M A N O F WA R I O N I C A B S O R P T I O N C L AY R A R E E A R T H S PROJECT_ Brazil’s highest grade ionic adsorption clay REE project 60 59 66 65 41 21 72 Nd Pr Dy Tb Nb Sc Hf Hafnium Neodymium Praseodymium Dysprosium Terbium Niobium Scandium DECEMBER, 144.
Slide 2: Disclaimer
This presentation has been prepared by Verde AgriTech Ltd. (the "Company") with the aim of providing in-depth technical details, here you can find comprehensive information on the project's location, geology, and full assay results for all rare earth elements. Not An Offer This presentation aims to
Slide 3: Investment Highlights
Investment Highlights 1. Maiden Resource estimated in compliance with JORC 2012 Edition and NI 43-101 standards of 1,35 Bt @ 3,437ppm TREO, 793 ppm MREO, 594 ppm Nd2O3, 172ppm Pr6O11, 22ppm Dy2O3 and 5ppm Tb4O7 based on drilling undertaken in less than 47.9% of the prospective geological formation.
Slide 4: Location and Project History
Location and Project History 1. Tenement was applied by sister company, Verde AgriTech (TSE:NPK), on August 28, 2008; 2. Extensive geological exploration for phosphate was conducted, including 3,640 meters of diamond drilling; 3. In Q2 2024, two drill holes were chosen for re-assay; 4. Significant R
Slide 5: Strategic Location with Advanced Infrastructure
Strategic Location with Advanced Infrastructure 1. São Gotardo and Matutina region – Approximately 40,000 residents in a well-established mining area and a robust service provider ecosystem; 2. Located in the central region of Minas Gerais, Brazil, and conveniently close to Belo Horizonte (300km), U
Slide 6: Exploration Targets
Exploration Targets Man of War Project’s tenements cover 4,708.67. hectares (47 km²) Primary Targets The Man of War Project includes 3 targets, covering a total area of 17.7 km²: * Nau de Guerra Target: 2.90 km² • Alto da Serra Target: 3.40 km² • Balsamo Target: 11.40 km² 6
Slide 7: Geology and Drilling: Alto da Serra Target
Geology and Drilling: Alto da Serra Target 7
Slide 8: Alto da Serra Drill Results
Alto da Serra Drill Results From To Thickness Hole TREO MREO¹ La2O3 CeO2 Pr6O11 Nd2O3 Sm2O3 LREE Eu2O3 Gd2O3 Tb4O7 Dy2O3 Ho2O3 Er2O3 Tm2O3 Yb2O3 Lu2O3 Y2O3 HREE Nb2O5 CoO MoO3 V2O5 (m) (m) (m) AP-AD- 4 45 41 3,950 990 857 1,755 206 746 103 3,667 25 62 7 31 5 11 1 7 1 133 282 657 113 5 806 01 4 35 31
Slide 9: JORC/NI 43-101 Mineral Resource Estimate: Alto da Serra
JORC/NI 43-101 - Mineral Resource Estimate Alto da Serra Target CUT-OFF TONNES TREO MREO Pr6O11 Nd2O3 Tb4O7 Dy2O3 MREO/TREO TREO (ppm) t ppm ppm ppm ppm ppm ppm % 0 244,395,415 3,510.09 832.77 178.63 624.21 5.49 24.44 24% 1000 230,213,682 3,683.52 874.57 187.54 655.73 5.75 25.55 24% 2000 219,073,036
Slide 10: Geology and Drilling: Nau de Guerra Target
Geology and Drilling: Nau de Guerra Target 10
Slide 11: Drilling Cross Sections
1.080m 1.000m 1.100 1.080m 1.900 Drilling Cross Sections Legend HE < 1,000 ppm EI 1,000 to 2,500 ppm [3 2500 to 4,000 ppm [I 4,000 to 6,000 ppm EET 6,000 to 8,000 ppm ME >= 8,000 ppm 1.950m, 950m = SECTION B-B* e Sx vertical exaggeration a g 3 i : 3. i : Fs H a z z jg 5 o 100 200m a SECTIONC-C |g SE
Slide 12: Nau de Guerra Drill Results
Nau de Guerra Drill Results From To Hole Thickness (m) TREO MREO¹ La2O3 CeO2 Pr6O11 Nd2O3 Sm2O3 LREE Eu2O3 Gd2O3 Tb4O7 Dy2O3 Ho2O3 Er2O3 Tm2O3 Yb2O3 Lu2O3 Y2O3 HREE Nb2O5 CoO MoO3 V2O5 (m) (m) 0 43 43 3,968 969 889 1,810 208 728 102 3,737 25 58 6 27 4 8 1 5 1 96 230 735 108 8 774 AP-ND-02 0 15 15 5,
Slide 13: JORC/NI 43-101 Mineral Resource Estimate: Nau de Guerra
JORC/NI 43-101 - Mineral Resource Estimate Nau de Guerra Target CUT-OFF TONNES TREO MREO Pr6O11 Nd2O3 Tb4O7 Dy2O3 MREO/TREO TREO (ppm) t ppm ppm ppm ppm ppm ppm % 0 120,481,274 3,618.83 843.8965 182.6729 632.0907 5.426375 23.70661 23% 1000 120,093,635 3,627.61 846.0375 183.1328 633.7037 5.439629 23.
Slide 14: Geology and Drilling: Balsamo Target
Geology and Drilling: Balsamo Target 14
Slide 15: Balsamo Drill Results
Balsamo Drill Results From To Thickness Hole TREO MREO¹ La2O3 CeO2 Pr6O11 Nd2O3 Sm2O3 LREE Eu2O3 Gd2O3 Tb4O7 Dy2O3 Ho2O3 Er2O3 Tm2O3 Yb2O3 Lu2O3 Y2O3 HREE Nb2O5 CoO MoO3 V2O5 (m) (m) (m) AP-BD- 40 130 90 3,164 716 686 1,531 156 535 71 2,978 17 42 5 20 3 7 1 5 1 85 185 607 83 4 726 01 53 86 33 4,486
Slide 16: JORC/NI 43-101 Mineral Resource Estimate: Balsamo
JORC/NI 43-101 - Mineral Resource Estimate Balsamo Target CUT-OFF TONNES TREO MREO Pr6O11 Nd2O3 Tb4O7 Dy2O3 MREO/TREO TREO (ppm) t ppm ppm ppm ppm ppm ppm % 0 1,182,191,249 3,279.62 749.73 163.61 560.66 4.77 20.68 23% 1000 1,145,624,209 3,357.88 768.7 167.82 574.98 4.87 21.04 23% 2000 982,720,026 3,
Slide 17: Highest Grade Ionic Adsorption Clay Deposit
Highest Grade Ionic Adsorption Clay Deposit OBY¹ Nau de OBY¹ Alto da Serra Verde6 OBY¹ Balsamo OBY2 Meteoric3 Aclara Brazil4 Viridis5 guerra Serra Project Market Cap in Man of War Man of War Man of War Man of War Caldeira IA L Carina Colossus Pela Ema T CAD (January 21, - - - - 187M 88M 26M - 2025)5
Slide 18: Niobium and Scandium Highlights
Niobium and Scandium Highlights Niobium (Nb₂O₅) Results: • Niobium, a critical metal used in the production of high-strength steel, has shown robust concentrations in our deposit. • The average Nb₂O₅ grade across the entire deposit is 758 ppm, with grades up to 2,260ppm of Nb2O5. • Nau de Guerra Up
Slide 19: Appendix
DIX C
Slide 20: Building Stronger Communities Through Sustainable Practices
Building Stronger Communities Through Sustainable Practices Verde Agritech, lead by Cristiano Veloso, is committed to balancing community growth with environmental stewardship. Sustainable practices are designed to empower local communities, promote environmental education, and protect natural resou
Slide 21: Building Stronger Communities Through Sustainable Practices
Building Stronger Communities Through Sustainable Practices Spayed female cat. She was adopted by an employee of FVS. Young tree seedlings and Verde's worker planting one, aiding reforestation. Reforestation: Animal Welfare: Since 2019, Verde has planted 30,928 trees, demonstrating its Verde’s Stray
Slide 22: Building Stronger Communities Through Sustainable Practices
Building Stronger Communities Through Sustainable Practices Carro de boi Festival Environmental awareness lecture on recycling at E.M. Sonho Meu, in São Gotardo/MG. Community engagement: Environmental education: Verde is committed to community development and actively engage Verde partnered with 6 l
Slide 23: Transforming Infrastructure: Enhancing Safety and Community Impact
Transforming Infrastructure: Enhancing Safety and Community Impact Before- Section with potholes and inefficient lateral drainage and boggy areas. Currently paved area. Verde AgriTech upgraded and paved 22 km of roads in the project region. This initiative involved widening, paving, and implementing
Slide 24: Transforming Infrastructure: Enhancing Safety and Community Impact
Transforming Infrastructure: Enhancing Safety and Community Impact Verde has upgraded key infrastructure, including the construction of a new, reinforced bridge over Rio Borrachudo. The previous bridge was narrow and unsafe, limiting transportation. The new bridge improves safety and efficiency for
Slide 25: From Exploration to Production
From Exploration to Production 5.9 billion tons of total resources approved by the Brazilian Mining Agency. 3.32 billion tons Strategic location of resources certified under Canadian Verde’s reserves are situated National Instrument 43-101(1) in São Gotardo, Minas Gerais state, Brazil, adjacent to a
Slide 26: From Process Development to Production
From Process Development to Production Verde’s production plants are based in São Gotardo, Minas Gerais State, Brazil. Plant 1 Plant 2 Bioproduction Plant Plant 1, with a production capacity of 0.6 Plant 2, with a production capacity of 2.4 million Bioproduction Plant excels in large-scale million t
Slide 27: What Are Rare Earth Elements?
What Are Rare Earth Elements? Rare earth elements (REEs) are a group of seventeen elements critical to modern technologies. They are key components in developing permanent magnets, batteries, and other high-tech applications. Among them, Neodymium (Nd), Praseodymium (Pr), Dysprosium (Dy), and Terbiu
Slide 28: NdPr
NdPr 4 REE have permanent magnet power NdPr is a crucial combination of neodymium (Nd) and praseodymium (Pr) in the rare earth market. NdPr is indispensable for modern and sustainable technology, with a wide range of applications from consumer electronics to renewable energy and transportation. Appl
Slide 29: Scandium and Niobium
Scandium and Niobium Scandium and Niobium are pivotal elements in the rare earths market, driving technological innovation across industries such as aerospace, automotive, and clean energy. Key Benefits • Lightweighting: Scandium is critical for reducing the Key Benefits weight of aluminum alloys, i
Slide 30: The Ionic Advantage
The Ionic Advantage Ionic Clay Hard Rock Soft clay material, no blasting required; Requires blasting; complex and scattered mineral Mining & Exploration homogeneous mineralization. bodies. Simple, one-step leaching process with Complex, multi-step process using strong acids Processing inexpensive sa
Slide 31: Redefining the Global Supply Chain
Redefining the Global Supply Chain China currently controls over 90% of global REO production, with •Strategic Location in Brazil: Man of War Project's projects are near-total dominance in the supply of critical heavy rare earths like based in Brazil, one of the few countries with significant rare d
Slide 32: Strong Demand Fundamentals: NdPr Market Outlook
Strong Demand Fundamentals: NdPr Market Outlook Global demand forecasts for NdPr depend on the market penetration of renewable energy technologies. Global Demand for NdPr (kt) Electric Vehicles Wind Power Other Sectors Total 171 k t 93 k t 63 k t 2023 2033 2023 2033 2023 2033 2023 2033 Dy/Tb 0.5 kt
Slide 33: U.S. Efforts to Reduce Dependency on Chinese Rare Earths
U.S. Efforts to Reduce Dependency on Chinese Rare Earths In response to concerns about over-reliance on Chinese exports for critical minerals, the World Mine Production of REO ¹ United States has introduced measures aimed at reducing this dependency. Key Initiatives: • Policy Adjustments: The U.S. T
Slide 34: Strengthening US-Brazil Collaboration on Critical Minerals
Strengthening US-Brazil Collaboration on Critical Minerals •2020 Initiative: US-Brazil Critical Minerals Working Group In 2020, the US-Brazil Critical Minerals Working Group was formed to enhance bilateral cooperation on critical minerals. This initiative plays a crucial role in securing vital resou
Slide 35: China's Vertical Integration Controls the Rare Earth Supply Chain
China's Vertical Integration Controls the Rare Earth Supply Chain China accounts for approximately ~90% of all rare earth oxide production globally; and effectively 100% of all heavy rare earth oxide production Global market share of rare earth supply chain (2023 estimate) 120% 100% China Magnet 80%
Slide 36: Price Settings for Rare Earths are not Sustainable
Price Settings for Rare Earths are not Sustainable China has consolidated its rare earths enterprises, forming two mega conglomerates that have enhanced China’s purchasing power. Western REO Producers Quarterly Net Operating Cash Flow Lynas M P M a t e r ials N d P r P r ic e N e t O p e r a t in g
Slide 37: Nd+Pr Price Outlook
Nd+Pr Price Outlook 80 N d P r p r i c e ( U S $ /k g ) 75 70 R e le as e d o n 08 /0 7 /24 N d +Pr 65 60 55 50 45 40 6 S ep 23 6 N ov 23 6 J an 24 6 Mar 24 6 Ma y 24 6 J ul 24 6 S ep 24 Oby Rare Earths offers a vital alternative to China's dominance in the rare earth supply chain, supporting a more
Slide 38: Risk Factors
Risk Factors The following factors may materially impact the development and success of the Man of War Project or any potential future operations related to rare earth exploration: Exploration and Resource Uncertainty: Capital and Financing Risks: The current project is in the exploration stage, and
Slide 39: Rare Earths
RARE EARTHS
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