Future Metals Nl · ASX:FME
Future Metals Nl — Investor Presentation (February 2023)
21 slides from Future Metals Nl's investor presentation, Feb 8, 2023
Slide 1: PGM Project Developer with Ni-Cu-PGE Discovery Potential
For personal use only PGM Project Developer with Ni-Cu-PGE Discovery Potential ASX | AIM: FME Investor Presentation | February 2023
Slide 2: Disclaimer
Disclaimer For personal use only This Presentation has been prepared as a summary only and does not contain all information about Future Metals The information in this report that relates to Exploration Results is based on, and fairly represents, information NL (“Future” or “FME” or the Company) ass
Slide 3: Metals for a Sustainable Future
Metals for a Sustainable Future For personal use only Panton hosts the perfect suite of metals to support the growing demand from manufacturers of catalytic convertors, hydrogen electrolysers and fuel cells, and batteries. Development Optionality Top Tier High-grade & bulk tonnage Jurisdiction suppo
Slide 4: Corporate Overview
Corporate Overview For personal use only BOARD OF DIRECTORS MANAGEMENT TEAM Justin Tremain (Non-Executive Chairman) Jardee Kininmonth (Managing Director and CEO) • Experienced company director with extensive expertise across the mineral • Experienced corporate finance and mining professional resourc
Slide 5: Hydrogen Applications Expected to Fuel Future PGM Demand
Hydrogen Applications Expected to Fuel Future PGM Demand For personal use only Traditional Demand PGM Intensity ICE Hybrid Fuel Cell Pt + Pd Demand Composition (koz), 2022 estimated (g per vehicle) 18,000 -92 907 16,000 1,540 14,000 3,362 12,000 11,231 ICE and hybrid vehicles require 3-7g of PGM whi
Slide 6: Supply Concentrated in Russia and South Africa
Supply Concentrated in Russia and South Africa For personal use only 1. PGMs are a scarce metal 2. Supply is highly concentrated to Russia and South Africa Ex- South Africa PGMs are much less abundant than metals such as lithium & copper Years of Mine Reserves* 300 1.4 1.2 250 1.0 200 3. South Afric
Slide 7: Location and Infrastructure
Location and Infrastructure A Well Serviced and Active Mining Region For personal use only Port Facilities Hydropower Multiple Mining FEBRUARY 2023 | INVESTOR PRESENTATION Operations Sealed Airstrip Great Northern Highway 7
Slide 8: Mineral Resource Estimate
Mineral Resource Estimate For personal use only MRE consists of high-grade reef and surrounding bulk mineralisation Cross Section A Block 129Mt @ 1.20g/t PGM3E, 0.19% Ni, Cross Section C Block and 154ppm Co (1.66g/t PdEq1) Containing 5.0Moz PGM3E, 239kt Ni, and 20kt Co (6.9Moz PdEq1) High-grade
Slide 9: Project Delivery Strategy
Project Delivery Strategy Supplying sustainable Platinum-Group-Metals from a stable mining jurisdiction For personal use only Low CO2 upgrading of Milling and flotation to produce concentrate with proven Low impact underground Pre-concentration with ore high grade concentrate with hydromet process,
Slide 10: Ore Sorting to Unlock Panton
Ore Sorting to Unlock Panton For personal use only Ore sorting to drive increased mining inventory, improved metallurgical performance and decreased capex High recoveries of chromite ore leading to improved feed grade for milling, reducing opex and capex Unlocks previously subeconomic mining sto
Slide 11: Green Metals Production
Green Metals Production For personal use only Scoping activities underway with Lifezone, developer of the Kell Process; a robust hydrometallurgical process purpose built for processing PGM concentrates High Lower capital and Recoveries operating costs Low electicity Vastly improves economics by
Slide 12: Project Delivery De-Risked
Project Delivery De-Risked For personal use only Future Metals has capitalised on the significant sunk cost and learnings of prior owners to progress development of Panton. Scoping study is drawing on: Jumbo developing through chromite, 2002. Metallurgical solution in place with multiple product o
Slide 13: Panton Geology
Panton Geology For personal use only 12km long, 2.5km wide and 1.7km thick layered mafic-ultramafic intrusion Folded into a south-westerly plunging synclinal structure with extensive cross faulting Two distinct mineralised layers in stratigraphy, the Main Zone and the Lower Zone Main Zone is
Slide 14: Ni-Cu Sulphide Targets
Ni-Cu Sulphide Targets For personal use only 2022/23 drill campaign first time Ni-Cu sulphides have been explored for at Panton – confirmed presence of broad disseminations Shallow embayment feature (BC1) identified under cover coincident from coincident anomalies across magnetics, soils, stream
Slide 15: Panton North
Panton North For personal use only Secured highly prospective and strategic ground adjacent to the Panton project through a farm-in and JV agreement with Octava Minerals Panton North prospect is an extension of the Panton sill with a large, exposed basal contact position JK/FME: WIP Coincident
Slide 16: Delivering Value Through Sustainable Development
Delivering Value Through Sustainable Development For personal use only Creating a positive case study for Environmental stewardship community engagement in the East Minimise impact where possible; from Kimberley exploration activities through to construction & Creating a genuine partnership with
Slide 17: Corporate Overview
Corporate Overview For personal use only FME $32.1M ASX | AIM Code Market Cap 6-Month Share Price Chart $0.16 3 $0.079c $26.3M $5.8M $0.14 FEBRUARY 2023 | INVESTOR PRESENTATION 2 Share Price Enterprise Cash $0.12 (3 Feb 2023) Value (31 Dec 2022) Volume (M) Share Price $A $0.10 2 $0.08 1 $0.06 406M S
Slide 18: Why Invest in Future Metals?
Why Invest For personal use only in Future Metals? Significant resource base Development optionality FEBRUARY 2023 | INVESTOR PRESENTATION Project delivery de- risked Panton hosts the perfect suite of metals to support the growing demand from manufacturers of catalytic convertors, hydrogen electroly
Slide 19: In-Situ Value Per Tonne Contribution
In-Situ Value Per Tonne Contribution For personal use only Mass Grade Ni Cu Co PdEq (Mt) Pd (g/t) Pt (g/t) Au (g/t) PGM3E (g/t) (%) (%) (ppm) (g/t) Reef 25.4 1.71 1.61 0.24 3.57 0.24 0.07 192 3.86 Dunite 103.4 0.31 0.25 0.07 0.62 0.17 0.03 145 1.12 FEBRUARY 2023 | INVESTOR PRESENTATION Total 128.9 0
Slide 20: Panton JORC Mineral Resource
Panton JORC Mineral Resource For personal use only Resource Category Mass Grade Contained Metal Pd Pt Au PGM3E Ni Cu Co PdEq Pd Pt Au PGM3E Ni Cu Co PdEq (Mt) (g/t) (g/t) (q/t) (%) (%) (ppm) (g/t) (Koz) (Koz) (Koz) (kt) (Kt) (Kt) (Koz) (g/t) (Koz) Reef Indicated 7.9 1.99 1.87 0.31 4.16 0.24 0.07 190
Slide 21: Palladium Equivalent Calculation
Palladium Equivalent Calculation For personal use only Palladium Metal Equivalents Based on metallurgical test work completed on Panton samples, all quoted elements included in the metal equivalent calculation (palladium, platinum, gold, nickel, copper and cobalt) have a reasonable potential of bein
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