Adavale Resources Limited · ASX:ADD

Adavale Resources — Investor Presentation (January 2021)

23 slides from Adavale Resources's investor presentation, Jan 27, 2021

  1. Slide 1: Leveraged to Exploration Success in the Battery Metals/Nickel Sector

    LEVERAGED TO EXPLORATION SUCCESS IN THE BATTERY METALS/NICKEL SECTOR CORPORATE PRESENTATION 27 JANUARY 2021 ASX: ADD WWW.ADAVALERESOURCES.COM

  2. Slide 2: Important Notice & Disclaimer

    IMPORTANT NOTICE & DISCLAIMER This presentation has been prepared by Adavale Resources Ltd (ASX:ADD). This document contains background information about ADD current at the date of this presentation. The presentation is in summary form, has not been independently verified and does not purport be all

  3. Slide 3: Corporate Overview

    Rank Name Shares % 1 Mr Matthew John Boysen 12,019,650 4.21 2 Mr William McArthur 10,590,000 3.71 CORPORATE OVERVIEW 3 Mr Peter Andrew Proksa 8,500,000 2.98 4 Stone Investments & Holdings Pty Ltd 7,981,939 2.80 5 LKC Technology Pty Ltd <LKC Technology P/L S/F A/C> 7,750,000 2.71 6 RAAR Capital Group

  4. Slide 4: Board and Management

    BOARD AND MANAGEMENT Three decades of Tanzanian/African mine building experience Grant Pierce – Chairman Is a qualified mining engineer with 30 years of operating experience in both Australia and includes 21 years in Africa. He was in the team that built Tanzania’s first modern gold mine, Resolute’s

  5. Slide 5: Positioned for Growth in the Battery Metals Space

    POSITIONED FOR GROWTH IN THE “BATTERY METALS” SPACE 45 $0.09 ▼ ADD has acquired the extensive 1970’s to 2008 BHP and UNDP geological data including: 40 Start of field Four additional $0.08 ▼ Geochemical data rock chip, soil and stream sediment sample results, exploration program EL granted high-leve

  6. Slide 6: Investment Case Summary

    INVESTMENT CASE SUMMARY ▼ Start of a Commodities Super-Cycle ▼ Battery metals sector is a solid thematic performer that should continue for at least the next decade, in particular the demand for nickel sulphide ▼ Nickel price has increased by over 160% from its lows in March 2020 and forecasters sug

  7. Slide 7: The EV Sector Is Booming

    THE EV SECTOR IS BOOMING 200,000 2015 2016: +15% Electric Vehicle Sales in Europe (BEV + PHEV) 2017: +38% 150,000 2018: +26% 2019: +46% 2020: +125% YTD 100,000 ▼ Despite COVID-19, Electric Vehicle 50,000 (EV) sales are booming in Europe and growing strongly globally 0 Jan Feb Mar Apr May Jun Jul Aug

  8. Slide 8: High Grade Nickel Sulphide Exploration

    HIGH GRADE NICKEL SULPHIDE EXPLORATION Undeveloped Nickel Sulphide Deposits Kabanga Nickel Deposit 58 Mt @ 2.62% NI ▼ Adavale has secured a number of Nickel Grade (% Ni) - Log Scale tenements, next to the most significant 1.0 undeveloped high- grade nickel sulphide resource globally 0.1 1 10 100 1,0

  9. Slide 9: Leveraged to Exploration Success

    LEVERAGED TO EXPLORATION SUCCESS ▼ ADD offers excellent leverage to exploration Market Capitalisation of ASX-Listed Nickel Sulphide success Exploration and Development Companies $400 ▼ Some recent ASX listed exploration discoveries: Market Capitalisation (A$ millions) • AZS – Andover, WA $300 • BSX

  10. Slide 10: Kibanga Jirani Project Nickel Licences

    KIBANGA JIRANI PROJECT NICKEL LICENCES ▼ Key assets are now prospective Tanzanian nickel Prospecting Licences in well known nickel province in Tanzania ▼ Highly prospective nickel licences adjacent to the world class Kabanga Nickel deposit in Tanzania. “Jirani” is Swahili for “neighbour” ▼ Prospecti

  11. Slide 11: Kabanga Jirani Project Nickel Licences

    KABANGA JIRANI PROJECT NICKEL LICENCES ▼ Adavale has acquired a very significant historical geological database (which significantly de-risks both protracted cost and timeline of typical early exploration initiatives) and includes: • Airborne EM and aeromagnetic survey • baseline geology mapping • G

  12. Slide 12: Highly Prospective Geological Setting

    HIGHLY PROSPECTIVE GEOLOGICAL SETTING Stippled lines show Licences are interpreted outline of adjacent to, and mafic/ultramafic alignment along strike from the Kabanga Nickel Deposit 7 licences totaling 1,145 km2 6 granted, 1 application 12

  13. Slide 13: Geophysical Signatures

    GEOPHYSICAL SIGNATURES Similar EM signature to Kabanga Nickel Deposit Similar magnetic signature to Kabanga Nickel Deposit Kabanga Nickel Deposit 13

  14. Slide 14: Burigi Tenement

    BURIGI TENEMENT Distinctive magnetic low possibly indicating underlying mafic/ultramafic intrusion Discrete well defined soil anomaly EM Anomaly coincident with mag low and soil anomaly 14

  15. Slide 15: Ruiza NE and Burigi North Tenements

    RUIZA NE AND BURIGI NORTH TENEMENTS Mag Low EM Anomaly 15

  16. Slide 16: Adavale's Exploration Programs

    ADAVALE’S EXPLORATION PROGRAMS Step Timing Identify Prospective Ground and Acquire Licences Completed Review of previous exploration data Completed Geological mapping, soil and outcrop sampling, followed by In progress trenching and pitting of key targets Conduct soil sampling and XRF analyses Compl

  17. Slide 17: Tanzania's Increasing Favourability

    TANZANIA’S INCREASING FAVOURABILITY ▼ President Magufuli won second 5-year term with new Cabinet appointed, pledges to remove investment hurdles, and invite foreign investment in mining9514401.htm ▼ Government now viewed as highly supportive of the mining sector, in particular to juniors as well as

  18. Slide 18: Investment Highlights

    INVESTMENT HIGHLIGHTS ▼ Right metal at the right time ▼ Highly prospective location for very high-grade nickel sulphide deposits, based on § Geological setting, § Historical exploration data, § Proximity of the world richest undeveloped nickel sulphide deposit ▼ Strong Board and management, extensiv

  19. Slide 19: Adavale Resources contact details

    Level 7, 6 Underwood Street www.adavaleresources.com Sydney NSW 2000 investor@adavaleresources.com +61 2 8003 6733 Adavale Resources Limited @AdavaleL 19

  20. Slide 20: Appendix

    APPENDIX ANY 4 ADAVALE

  21. Slide 21: Lake Surprise Project, South Australia

    LAKE SURPRISE PROJECT, SOUTH AUSTRALIA ▼The 100% owned Project is in South Australia situated 550 Km north of Adelaide, covering 396 km2 on the northern flank of the Flinders Ranges. Rocks of the Flinders Ranges and surrounding areas are highly uraniferous and it is amongst one of the world’s most p

  22. Slide 22: The Jubilee Prospect

    THE JUBILEE PROSPECT The Jubilee Prospect lies in the northern part of EL5893 and contains zones of strong uranium enrichment that lie within a north- trending paleochannel system. The main features of the paleochannel system are as follows: ▼It is a continuous geochemical anomaly of 1900m length x

  23. Slide 23: The Mookawarinna and Cane Grass Prospects

    THE MOOKAWARINNA AND CANE GRASS PROSPECTS The Mookawarinna Prospect is in the south-central part of EL 5893 and has widely spaced drill-holes defining a broad anomalous zone of uranium enrichment. Downhole gamma is recorded in five drill- holes within a zone about 9km in strike length The Cane Grass

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