Plc Resources Limited · ASX:PLC
Plc Resources — Investor Presentation (December 2023)
30 slides from Plc Resources's investor presentation, Dec 18, 2023
Slide 1: ASX Announcement: SensOre to restructure and rebrand as Premier1 Lithium
ASX Announcement 18 December 2023 SensOre to restructure its business and proposes to rebrand as Premier1 Lithium SensOre Limited (ASX: S3N or the Company) has today announced details of the proposed restructure of its businesses, with the Company proposing to change its name to Premier1 Lithium Lim
Slide 2: Premier1 Lithium Investor Presentation
PREMIER1 Lithium Investor Presentation
Slide 3: Disclaimer & Forward-Looking Statements
Disclaimer & Forward-Looking Statements This presentation (Presentation) has been prepared by SensOre Ltd. ACN 637 198 531 (SensOre or the Company), is current at the date of this Presentation and contains information in a summary form and should be read in conjunction with SensOre’s other periodic
Slide 4: Deal Overview
Deal Overview • SensOre is restructuring to focus on its lithium business • Renaming to Premier1 Lithium Ltd (P1L) • Demerging its technology business to shareholders • Consolidating its lithium business with its Joint Venture partner Deutsche Rohstoff (DR) • Portfolio of WA Li projects identified w
Slide 5: Concurrent Sequence of Events
Concurrent Sequence of Events Demerger • S3N’s technology business is demerged and in-specie distributed to existing shareholders. Once demerged, the plan is to seek venture funding to expand the data cube and the data as a service business globally JV interest acquisition • Deutsche Rohstoff’s inte
Slide 6: Acquisition of Deutsche Rohstoff's JV interest
Acquisition of Deutsche Rohstoff’s JV interest Shares to be issued to Deutsche • 34.3 million fully paid ordinary shares issued to Deutsche Rohstoff as consideration Rohstoff for acquisition of the remaining 70% interest in portfolio of lithium assets Options (3 year term) • Series 1 6m exercisable
Slide 7: Capital Structure – after acquisition and placement
Capital Structure – after acquisition and placement Placement 60.0m shares at $0.05 Corporate Snapshot Top Shareholders Substantial shareholders No. of Shares % Held A$8.7m A$5.2m Deutsche Rohstoff3 34.7m 19.9% Market Cap Enterprise Value SensOre shareholders 79.9m 46% Placement Shares 60.0m 34% Tot
Slide 8: Indicative Placement Timetable
Indicative Placement Timetable1 PLACEMENT DATE Trading halt 13 December 2023 Trading halt lifted and announcement of completion of Placement 18 December 2023 Notice of General Meeting to go out 19 December 2023 General Meeting seeking shareholder approval 17 January 2024 Settlement of Placement Shar
Slide 9: Project Milestones – Strong newsflow from February 2024 onwards
Project Milestones – Strong newsflow from February 2024 onwards 2024 2025 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Land NEW Target evaluation and capture, ongoing Acquisition Heritage Gecko Heritage Montague, Enviro Social Yalgoo Heritage Yalgoo W Geophys Gecko, Montague, Yalgoo W Geochem 1 Abbotts N, Gecko, Geochem
Slide 10: Premier1 Lithium Board
Premier1 Lithium Board Current SenOre Board NEW Premier1 Lithium Board Anja Ehser Robert Peck AM Non-Executive Director Non-Executive Chairman Founder Peckvonhartel Architects Anja is VP Geology at Deutsche Rohstoff AG with more than 15 years of exploration Changes to existing experience. Deutsche R
Slide 11: Projects
=— __. Projects Lithium
Slide 12: Premier1 Lithium: Highly prospective lithium projects
Premier1 Lithium: Highly prospective lithium projects 4 Core Projects in Western Australia INDUSTRY LEADING EXPLORATION P1L prospect portfolio has been identified utilising SensOre’s industry 1 wholly owned leading artificial intelligence (AI) and machine learning (ML) technologies or optioned proje
Slide 13: West Australia – Best Jurisdiction for Lithium Exploration
West Australia – Best Jurisdiction for Lithium Exploration • Current Australian economic operating deposits are predominantly historical tin and tantalum deposits now exploited for lithium; spodumene is the dominant economic mineral containing Li • Archean cratons in Western Australia are the most p
Slide 14: Premier1 Lithium Portfolio
Premier1 Lithium Portfolio Premier1 Lithium has secured a portfolio of lithium rights in the best jurisdiction in the world for hard rock lithium Wholly owned or optioned flagship project: • Abbotts North (Buttamiah Prospect) Core Joint Ventures: • Yalgoo + Yalgoo West • Montague • Gecko North Highl
Slide 15: Flagship Abbotts North Project
Flagship Abbotts North Project • Predicted target generated through machine learning • Previously unrecognised Li potential within greenstone belt, no previous Li exploration • Favourable mafic stratigraphy adjacent to an interpreted fertile granite • GSWA and newly mapped pegmatites by P1L adjacent
Slide 16: Buttamiah Prospect - 1.25% Li2O
Buttamiah Prospect - 1.25% Li2O • Initial reconnaissance mapping and sampling identified a new pegmatite field within the greater Abbotts Greenstone Belt • At least three separate pegmatite dyke units identified in the Buttamiah Prospect area
Slide 17: Buttamiah Prospect - 1.25% Li2O
Buttamiah Prospect - 1.25% Li2O • Rock chip assays returned up to 1.25% Li2O at the Buttamiah prospect • Pegmatites in the vicinity of the anomalous areas are on average 2m to 3m wide and consist of several parallel pegmatite dykes • Individual pegmatites at least 350m in strike with main Buttamiah
Slide 18: Buttamiah Prospect – low K/Rb indicates large system
Buttamiah Prospect – low K/Rb indicates large system
Slide 19: Buttamiah Prospect - 1.25% Li2O
Buttamiah Prospect - 1.25% Li2O • LCT pegmatite units are strongly weathered and shallow colluvial cover is abundant indicating potential for additional pegmatites • Highly anomalous Li values present in strong weathered zone, expected to increase in fresh rock • Fractionated LCT pegmatites are host
Slide 20: Yalgoo & Yalgoo West Projects
Yalgoo & Yalgoo West Projects • High Li prospectivity generated through machine learning • Favourable area adjacent to emerging lithium pegmatite complex • PL1 earning • 70% from Venture Minerals • 80% from Firetail Resources • All commodities (except REE) • Significant VMS copper potential in the a
Slide 21: Yalgoo & Yalgoo West Project – Large ML Target
Yalgoo & Yalgoo West Project – Large ML Target
Slide 22: Montague Project
Montague Project • Large predicted target generated through machine learning • Previously unrecognised Li potential within greenstone belt, no previous Li exploration • GSWA and newly mapped pegmatites by P1L adjacent to the granite contact • Contiguous package of historical mining leases • Land acc
Slide 23: Montague Project – Large ML Target
Montague Project – Large ML Target
Slide 24: Gecko North Project
Gecko North Project • Large target generated through machine learning prospectivity mapping. • Li index geochemistry in shallow cover outlined by LithGold over favourable mafic stratigraphy adjacent to an interpreted fertile granite • Similar setting to Mount Marion • Land access approvals in place
Slide 25: Gecko North Project – low K/Rb Soil Anomaly in NW
Gecko North Project – low K/Rb Soil Anomaly in NW • Low K/Rb anomaly in soils over NW area to be tested with shallow drilling in H1 2024 • ML Target in the SE to be tested with further soils to the N of existing soil lines
Slide 26: Premier1 Lithium
PREMIER1 Lithium Unit 7, 5 Tully Road, East Perth WA 6004, Australia info@premierlithium.com +61 3 9492 3843 25
Slide 27: Lithium is the most in-demand energy transition metal
Lithium is the most in-demand energy transition metal Global battery and minerals supply chains need to expand ten-fold to meet projected critical minerals needs by 2030, a report 1200 19 published by the International Energy Agency 18 (IEA) has found. Lithium Production EV Units 17 1100 16 15 1000
Slide 28: Why are we trying to transform lithium exploration?
Why are we trying to transform lithium exploration? Li Lithium Gap opening in demand 3200 supply forecasts • STEPS - policies need to change to meet the World’s 2400 Thousands tonnes Lithium (LCE) carbon reduction targets 120% • SDS - increased realistic Deficit demand to meet World’s 1600 carbon re
Slide 29: Lithium – Supply Challenges Ahead!
Lithium – Supply Challenges Ahead! Lithium Mine production growth 2022-2026, kt LCE The Challenge: 42Projects in 3 years to meet demand New Mines and major expansion Ramp Ups 2022 Production • Price to remain strong in the short to medium term 2026 Demand Range1 • Mining projects are typically 788 d
Slide 30: LCT Pegmatite geochemical zonation
LCT Pegmatite geochemical zonation • LCT pegmatites have well understood and predictable mineralogical and geochemical zonation • Non-economic quantities of cesium, tin, tantalum rubidium used as indicator and zonation and vectoring in mapping LCT pegmatites Source : USGS 2017
Plc Resources — Investor Presentation (December 2023) on 6ix