Everest Metals Corporation Limited · ASX:EMC
Everest Metals — Shareholder Meeting (November 2023)
27 slides from Everest Metals's shareholder meeting presentation, Nov 30, 2023
Slide 1: Everest Metals Corporation Limited
EVEREST METALS CORPORATION LIMITED FAST TRACKING ADVANCED PRECIOUS METAL AND CRITICAL MINERAL PROJECTS ASX: EMC AGM Presentation – November 2023 EVERESTMETALS.AU 1
Slide 2: Corporate Disclaimer
Corporate Disclaimer This presentation has been prepared by Everest Metals Corporation Limited (Everest Metals Corporation). This document contains background information about Everest Metals Corporation’s current situation at the date of this presentation. The presentation is in summary form and do
Slide 3: Corporate Disclaimer – Competent Person Statement
Corporate Disclaimer Competent Person Statement The information in this report related to exploration results of Mt Edon and Revere projects and the geology and potential mineral occurrences of the Northern Territory tenements is based on information compiled and approved for release by Mr Bahman Ra
Slide 4: Precious and Critical
PRECIOUS AND CRITICAL PRECIOUS METALS MT EDON CRITICAL MINERAL PROJECT Highly fertile Lithium-Ceasium- REVERE GOLD & BASE METAL Tantalum Pegmatites on Granted PROJECT ML with World-class Rubidium- Exceptional Gold recoveries with Lithium intersections near-term production in sight.4 Massive base met
Slide 5: Corporate Overview – Capital Structure & Management
Corporate Overview – Capital Structure & Management Tight Capital Structure Experienced Management Income Generating in 2024 BOARD Shares on issue Market Cap Net Cash 163.3m A$16m A$3.5m Mark Caruso Executive Chairman & CEO 20 November 2023 @ $0.10 @ 20 November 2023 Robert Downey Non-Executiv
Slide 6: The Team with Ambition and Ability
The Team with Ambition and Ability BOARD OF DIRECTORS Mark Caruso Executive Chairman & CEO Robert Downey Non-Exec. Director David Argyle Non-Exec. Director Kim Wainwright Non-Exec. Director • Extensive experience with mining, earthmoving and • Experienced legal professional for the areas • Global mi
Slide 7: Project Overview
PROJECT OVERVIEW PRECIOUS METAL & BATTERY MINERALS FOCUSED STRATEGY REVERE – Highly mineralised gold reefs, from surface, extending to 130m depth, Massive mineralised system potential at depth Revere MT EDON – Lithium-Caesium-Tantalum, Highly fertile pegmatite outcropping, world-class Rubidium a
Slide 8: Near-Term Catalysts
Near-Term Catalysts MT EDON – Exploration Target and project development update December 2023 REVERE – DHEM survey results December 2023 REVERE – Diamond drilling assay results December 2023 REVERE – Bulk Sampling high grade Revere System (36,000t) commencing Q1-2024 ROVER – Rio Tinto Lithium JV dri
Slide 9: Revere Gold & Base Metal Project (RGP)
REVERE GOLD & BASE METAL PROJECT (RGP) Near Term Surface Gold Production Massive Base Metal System at Depth
Slide 10: Revere Project
Revere Project Comprises six tenements and a mining lease application, covering an area of 82 km2 Joint Venture, EMC at 51% earning up to 100% Located along an inferred extension of the Andy Well Greenstone shear system, along strike from DeGrussa and Monty, 55km’s northeast of the RGP area Co
Slide 11: Revere Gold & Base Metal Project – Geological Setting
Revere Gold & Base Metal Project Geological Setting Project area is located in the Palaeoproterozoic Yerrida Basin – Doolgunna Formation The Yerrida has significant potential for sedimentary hosted base metal (SEDEX) and volcanic hosted massive sulphide (VHMS) deposits Historical geochemical s
Slide 12: Revere Gold & Base Metal Project – Gold Potential
Revere Gold & Base Metal Project – Gold Potential Prolific Gold Mineralisation 7km’s of reef system with gold mineralisation from surface to a depth of 130m Current Exploration Target*, up to ~334,000oz (2.5–4.1Mt at 1–2.5g/t Au) (11) The target resource area is ~800m long and ~150m wide The
Slide 13: Revere Gold & Base Metal Project – Gold Potential
Revere Gold & Base Metal Project – Gold Potential Prolific Gold Mineralisation Gold mineralisation confirmed by 8,845m of historical drilling and geological assessment (11) Two parallel mineralised structures have been identified along the Revere Reef System (1) A complex stockwork of gold lod
Slide 14: Revere Gold – Near-term Bulk Sampling & Resource Development
Revere Gold – Near-term Bulk Sampling & Resource Development Bulk sampling program (36,000t) scheduled for Q4, 2023 in proven high grade zones (11) Bulk sampling program objective - convert historical high grade mineralisation into inferred/indicated JORC resource Metallurgical test works comp
Slide 15: Revere Gold – Near-term Production & Resource Development
Revere Gold – Near-term Production & Resource Development Targeting Q1-2024 Production Pre mining establishment Q4-2023 Planning for low-cost, crushing-grinding- primary gravity concentration processing circuit Evaluating options to purchase or lease a Gekko 10 TPH Mobile Gravity processing
Slide 16: Revere Gold & Base Metal Project – Base Metals Potential
Revere Gold & Base Metal Project Base Metals Potential Strong Base Metals potential (VHMS/ SEDEX Style) Deep Drill Holes – 6 Diamond and RC holes (2,116m) completed in September 2023, awaiting assay results Targeted strong VTEM conductor Sulphide mineralisation (chalcopyrite, sphalerite pyri
Slide 17: Mt Edon Critical Mineral Project
MT EDON CRITICAL MINERAL PROJECT Lithium-Caesium-Tantalum (LCT), Rubidium rich 133 pegmatite anomalies identified in 2023 DGPR survey World class Rubidium 80m @ 0.32% intercepted in 2023 drilling Highly Prospective for Lithium, Rock Chip samples >4%
Slide 18: Mt Edon LCT Project
Mt Edon LCT Project Prospective for Critical Minerals 80m@0.32% Rb2O & 0.11% Li2O ME23-18 Joint Venture, EMC at 51% earning up to 100% 40m@0.26% Rb2O & 0.09% Li2O Contains the Mt Edon Pegmatite Field on granted 2m@0.17% Rb2O Mining Lease M59/714 located in the Southern 5m@0.14% Rb2O portion of t
Slide 19: Mt Edon LCT Project
Mt Edon LCT Project RC drilling identified highly fertile Pegmatite Field on Mt Edon Mining Lease DGPR Geophysical Program – A total of 133 pegmatite-like anomalies have been interpreted including 116 dykes and 17 sills, compared to approximately 30 mapped pegmatites by surface geological mapping
Slide 20: Mt Edon – World-class Rubidium with Lithium Intersections
Mt Edon – World-class Rubidium with Lithium Intersections Target drilling programs (1,514m, 45 RC holes) have delivered high- grade Rubidium-Lithium results 2m@0.34% Rb2O & 0.42% Li2O up to 0.51% Rb2O and 0.94% Li2O (10): 8m@0.13% Rb2O o ME23-19 – 80m at 0.32% Rb2O and 31m@0.21% Rb2O 0.1% Li2O from
Slide 21: Mt Edon – Rubidium Extraction Strategies
Mt Edon – Rubidium Extraction Strategies Partnered with Edith Cowan University (ECU) Mineral Recovery Research Centre (MRRC) MOU executed – EMC signed MOU with ECU to collaborate on Direct Rubidium extraction from the Mt Edon Critical Mineral Project (12) Direct Rubidium Process Extraction Devel
Slide 22: Rubidium – Critical Mineral, High Growth Technology Market
Rubidium – Critical Mineral, High Growth Technology Market US Geological Survey 2022 Critical Minerals A list of 50 mineral commodities critical to the U.S. economy and national security includes Rubidium as being used for research and development in electronics, nuclear power, medicine and military
Slide 23: Rubidium – Problem Is Not Demand
Rubidium – Problem Is Not Demand Specialty glass Solar Cells Rechargeable Batteries Health Care Rubidium is used in specialty Introducing Caesium and Study continues for Rubidium is the most glass used in fibre-optic Rubidium into the process Rubidium and Ceasium ions accurate blood-flow tracer tele
Slide 24: Mt Dimer Gold & Silver Project – Mineable Resource
Mt Dimer Gold & Silver Project – Mineable Resource Comprises a Mining & Exploration Lease located approximately 125km NE of Southern Cross Current JORC Compliant Resource of 722kt @ 2.10 g/t Au for 48,545oz of gold and 3.84 g/t Ag for 89,011oz of silver (9) Mt Dimer Mining Lease hosts an open-pi
Slide 25: Northern Territory Projects – Base Metals & Lithium
Northern Territory Projects – Base Metals & Lithium Application area covering 10,200km2 Large land holding in developing province Application lodged for 15 tenements, over 10,000km2 in Alice Springs and Central Desert Regions, Northern Territory Tenement package covers 2 areas – Nolans Georgina
Slide 26: References
References 1) EMC ASX Release – 11 January 2023, EMC to Acquire up to 100% of Revere Gold Project 2) EMC ASX Release – 14 March 2023, Exceptional Gold Recoveries From Metallurgical Testwork At Revere Gold Project, WA 3) EMC ASX Release – 12 July 2023, Diamond Drilling Identifies DeGrussa Style Miner
Slide 27: Contact EMC
Contact EMC EVEREST METALS CORPORATION LIMITED Suite 4.02, 256 Adelaide Terrace, Perth WA 6000 Australia Phone: (+61 8) 9468 9855 Enquiries: Simon Phillips, Chief Operating Officer +61 411 88 3450 or sphillips@everestmetals.au www.everestmetals.au LinkedIn: linkedin.com/company/everestmetalscorporat