Venari Minerals Nl · ASX:VMS
Venari Minerals Nl — Astute Metals NL — Resources Rising Stars Summer Series, Brisbane 2025
24 slides from Venari Minerals Nl's conference presentation, Feb 13, 2025
Slide 1: Astute Metals NL Presentation - Resources Rising Stars Summer Series
13 February 2025 ASTUTE METALS NL PRESENTATION RESOURCES RISING STARS SUMMER SERIES, BRISBANE Astute Metals NL (ASX: ASE, “Astute” or “the Company”) is pleased to advise that its Executive Director and Chief Executive Officer, Mr Matthew Healy, will be presenting at the Resources Rising Stars Summer
Slide 2: Delivering Value Through Discovery
For personal use only DELIVERING VALUE THROUGH DISCOVERY ASX: ASE | Investor Presentation
Slide 3: A Compelling Investment
A COMPELLING INVESTMENT Lithium Clay Discovery at Red Mountain (USA) For personal use only • High-grade lithium intercepts in all holes drilled over a 5km strike • Initial metallurgical results demonstrate high lithium leachability of up to 98% • Attractive JORC compliant Exploration Target • Trump
Slide 4: Corporate Overview
CORPORATE OVERVIEW Key Financials Share Price ASX: ASE Share Price (@ 11.02.25) $0.031 For personal use only 6,000,000 0.06 Shares on Issue 608,311,207 Options Nil1 5,000,000 0.05 Loan Funded Shares 13,077,5002 4,000,000 0.04 Market Cap (@ 11.02.25) $18.86 m Share Price ($AU) Volume 3,000,000 0.03 C
Slide 5: Board and Management
BOARD AND MANAGEMENT Tony Leibowitz Non-Executive Chairman Matt Healy Executive Director & CEO For personal use only Mr Leibowitz is a Fellow of the Institute of Chartered Mr Healy is a highly experienced geologist and Australian Accountants, Australia with over 30-years corporate finance, mining ex
Slide 6: What Makes a Great Discovery?
WHAT MAKES A GREAT DISCOVERY? For personal use only THE RIGHT COMMODITY A commodity with strong fundamentals that will drive future demand THE RIGHT LOCATION In a mining-friendly jurisdiction and close to potential customers THE RIGHT STYLE OF DEPOSIT A deposit that has a low-cost pathway to product
Slide 7: Lithium Market Is Primed for Growth
LITHIUM MARKET IS PRIMED FOR GROWTH For personal use only Total battery manufacturing capacity commissioned, under construction, and announced since the passage of the 2022 Inflation Reduction Act Source: Nevada Bureau of Mines and Geology Special Publication 40 - Lithium in Nevada, 2024 Source: htt
Slide 8: Nevada Lithium Projects
NEVADA LITHIUM PROJECTS Exploration to Feasibility Status For personal use only Includes Mineral Resources of 218Mt to 5,500Mt in tonnage* Average Resource grades range from 620 to 2,956ppm Li * Contained LCE of 721kt to 62.1Mt* Long-life assets with mine-life of up to 85 years, according to Technic
Slide 9: Lithium Clays: A Low-Cost Pathway to a Battery Product
LITHIUM CLAYS A LOW-COST PATHWAY TO A BATTERY PRODUCT Source: TSX.V: LI April 2023 - American Lithium Corporate Presentation For personal use only Pilgangoora Lithium Clay Projects Benchmark 6 Feb 2025 LCC Index USD $10,649 Cautionary Statement – The Red Mountain Project is not at a stage of develop
Slide 10: Nevada Lithium Clay Resources
NEVADA LITHIUM CLAY RESOURCES A SIGNIFICANT SCALE VALUE PROPOSITION For personal use only 9 9
Slide 11: Nevada Lithium Clays
NEVADA LITHIUM CLAYS For personal use only Large-scale Low Cost of Battery Product Projects Production Produced at Mine Large-scale continuous Compared to hard-rock Lithium clay projects such as geology with long mine-life, projects, Lithium clays are Thacker Pass1, Clayton Valley6 low mining cost a
Slide 12: Introducing the Red Mountain Lithium Clay Discovery
For personal use only INTRODUCING THE RED MOUNTAIN LITHIUM CLAY DISCOVERY 11
Slide 13: Red Mountain Exploration
RED MOUNTAIN EXPLORATION • 100% Astute-owned, located in Nye County Nevada For personal use only • 13 holes drilled to date – 11x RC (May-June 2024) 2x DD (Oct 2024) • Lithium mineralisation intersected in every drill hole • Thick and high-grade intersections including: • RMDD002 – 86.9m @ 1,470ppm
Slide 14: Red Mountain Potential
RED MOUNTAIN POTENTIAL • JORC Compliant Exploration Target (Feb 2025) For personal use only Cautionary Statement The potential quantity and grade of the Exploration Targets set out in this Investor Presentation are conceptual in nature. There has been insufficient exploration to date to estimate a M
Slide 15: Red Mountain: Delivering Value
RED MOUNTAIN DELIVERING VALUE For personal use only • Infill and extensional drilling (Phase 1 Q2 2025) • Further Metallurgical test-work • Infill and extensional drilling (Phase 2 Q3 2025) • Maiden Mineral Resource Estimate (Q4 2025) Proposed drill site CY 2025 14
Slide 16: Georgina IOCG Project
COPPER-GOLD GEORGINA IOCG PROJECT For personal use only Location Work to Date Targets Between the historic copper- Leveraging substantial Gravity modelling has gold mining regions of Mount geoscience work completed revealed three high-density Isa and Tennant Creek, ‘East by Geoscience Australia, the
Slide 17: Georgina IOCG Project (100%)
GEORGINA IOCG PROJECT (100%) COPPER & GOLD For personal use only Location: • Between historic mining districts of Tennant Creek and Mount Isa • East Tennant prospective for Iron-Oxide-Copper Gold (IOCG) deposits • Ten granted tenements, three under application – 3,925km2 IOCG deposits an attractive
Slide 18: Governor Broome Heavy Mineral Sands
GOVERNOR BROOME HEAVY MINERAL SANDS For personal use only Location Mineralogy Performance In the Southwest WA Mineral High-value quality-of-life Conventional WCP methods Sands district, within trucking commodities zircon and produced heavy mineral distance to heavy mineral titanium minerals ilmenite
Slide 19: Governor Broome (100%) Heavy Mineral Sands
GOVERNOR BROOME (100%) HEAVY MINERAL SANDS For personal use only Location: • 95km from Busselton by road in Southwest Mineral Sands district • Four processing plants and deepwater port within 135km by sealed road JORC Mineral Resources: • 101Mt combined incl 94.4Mt of Measured and Indicated @ 4.5% H
Slide 20: Why Invest in Astute Metals?
WHY INVEST IN ASTUTE METALS? For personal use only THE RIGHT STRATEGY Rapidly advancing a large-scale lithium discovery in one of the world’s premier resources jurisdictions THE RIGHT TEAM Experienced Board and Management with a track record of discovery and value-creation THE RIGHT TIME The promise
Slide 21: Footnotes & Previous Announcements, Competent Person Statements
FOOTNOTES & PREVIOUS ANNOUNCEMENTS COMPETENT PERSON STATEMENTS 1. Wood Mackenzie Copper Research, 2022 The information in this report that relates to Nevada Lithium Exploration is in-part based on information compiled by Richard Newport. Mr Newport, who is a member of the Australian Institute of For
Slide 22: Contacts
For personal use only Contacts Matt Healy Nicholas Read Executive Director & CEO Media & Investor Relations mhealy@astutemetals.com nicholas@readcorporate.com.au +61 (0) 431 683 952 +61 (0) 419 929 046 21
Slide 23: Disclaimer and Forward-Looking Statement
DISCLAIMER AND FORWARD-LOOKING STATEMENT IMPORTANT NOTICE & DISCLAIMER The purpose of this presentation is to provide background information to assist readers in obtaining a general understanding of Astute Metals NL (‘Astute’ or ‘the Company’) and its objectives. Readers should make their own indepe
Slide 24: Appendix 1: Governor Broome Mineral Resource Estimate
APPENDIX 1: GOVERNOR BROOME For personal use only MINERAL RESOURCE ESTIMATE 23
Astute Metals NL — Resources Rising Stars Summer Series, Brisbane 2025 on 6ix