Wa1 Resources Ltd · ASX:WA1

Wa1 Resources — Investor Presentation (October 2022)

17 slides from Wa1 Resources's investor presentation, Oct 27, 2022

  1. Slide 1: West Arunta Project Mineralised Carbonatite Discovery

    For personal use only WEST ARUNTA PROJECT MINERALISED CARBONATITE DISCOVERY Corporate Presentation - P2 Target Results

  2. Slide 2: Important Notices and Disclaimers

    Important Notices and Disclaimers Nature of Document: This presentation has been prepared and issued by Not financial product advice: Neither the Company nor any of its related WA1 Resources Ltd (WA1, the Company) to provide general information about bodies corporate is licensed to provide financial

  3. Slide 3: Company Update

    Company Update For personal use only Hidden Valley Untested anomalies on 3 ASX: WA1 – Official list on ASX on 8 February 2022 potential fault feeders Focus – Essential metals for a clean energy future Flagship Exploration Targets – First order greenfield West Arunta Project 1 anomalies in the under-

  4. Slide 4: Corporate Overview and Capital Structure

    Corporate Overview Capital Structure (26 October 2022) Gary Lethridge Non-Executive Chairperson ASX Ticker WA1 For personal use only ▪ Significant corporate experience Ordinary Shares on Issue 44.8M BOARD OF DIRECTORS & CAPITAL STRUCTURE ▪ Ex-Jubilee Mines ($3.1b takeover by Xstrata) Unlisted Option

  5. Slide 5: The West Arunta Province

    The West Arunta Province WA1 Tenure Map in the West Arunta ▪ Drilling targeted large gravity- For personal use only magnetic anomalies that can potentially indicate the presence of large mineralised systems Pachpadra Luni ▪ Historically, only two holes drilled in the area until WA1 drilled 7 Urmia S

  6. Slide 6: Maiden Drill Program (July 2022)

    Maiden Drill Program (July 2022) Drill Collar Locations ▪ Maiden program comprised For personal use only 7 holes for a total of 1,745m and followed years of detailed geophysical surveys ▪ Provided an initial test of P1 the Pachpadra prospect P2 area (P1 & P2 targets) and the Luni target Luni ▪ First

  7. Slide 7: Pachpadra Prospect

    Pachpadra Prospect ▪ The Pachpadra Prospect is a Pachpadra Prospect Area Geophysics & July 2022 Drill Hole Locations For personal use only 12km long, NE elongated, complex magnetic anomaly A located within the Lake Mackay Quartzite (250K mapping) in an interpreted fold nose position A’ ▪ The P1 Targ

  8. Slide 8: P2 Target

    P2 Target ▪ First drill hole at the P2 Target discovered a mineralised carbonatite system For personal use only ▪ Broad zone of consistent niobium, TREO and phosphate mineralisation in fresh rock, top 74m yet to be assayed ▪ Over 3km of strike yet to be tested ▪ End of hole returned the highest grad

  9. Slide 9: Niobium (Nb)

    Niobium (Nb) ▪ Niobium is a metal with a very high melting point For personal use only ▪ Ferroniobium (FeNb, 65% Nb) is used in alloys in small amounts (<1%) to make steel usage more efficient ▪ Stronger, lighter, corrosion resistant and heat resistant ▪ It is an essential metal for advanced technol

  10. Slide 10: Niobium Supply

    Niobium Supply1 For personal use only ▪ Niobium has been identified by the Australian Government and many Capacity 100,000 tpa Nb Capacity 7,000 tpa Nb other countries as a critical mineral +75Mt at 0.56% Nb2O5 +500Mt at 2.5% Nb2O5 Cost: <US$10/kg Nb Cost: <US$19/kg Nb Araxa, Brazil Quebec, Canada 2

  11. Slide 11: P1 Target

    P1 Target Pachpadra Geophysics & Drill Hole Locations ▪ P1 is a regionally significant For personal use only geophysical anomaly ▪ Drilling tested across the A Northern Aileron stratigraphy, targeting locally significant geophysical anomalies A’ ▪ Magnetic and gravity anomalism is associated with th

  12. Slide 12: Luni Prospect

    Luni Prospect Luni Drill Hole Locations ▪ Luni is primarily characterised by a For personal use only regionally-significant gravity high A A’ ▪ Three holes drilled to test the anomaly: ▪ LURC001 & LURC002 test gravity anomaly peaks 1.3km apart ▪ LURC003 tests the anomaly gradient ▪ Holes did not ach

  13. Slide 13: Madura and Hidden Valley Projects

    For personal use only Madura and Hidden Valley Projects Western Australia | 100%-owned, no private royalties ▪ The Madura Project is located east of the Albany-Fraser Orogen and has potential for Copper-Gold mineralisation of an IOCG affinity with almost no historic exploration activity ▪ The Hidden

  14. Slide 14: Hidden Valley Project

    Hidden Valley Project Hidden Valley Regional Tenure ▪ The Hidden Valley Project covers For personal use only an eastern splay of the Halls Creek Other Exploration Projects – PGE-Cu-Ni Potential Orogen, along strike from IGO’s Osmond Project ▪ The Project contains 36km of the Osmond Valley Fault and

  15. Slide 15: Madura Project Regional Geological Setting

    Madura Project Regional Geological Setting ▪ The Mundrabilla Crustal Element (MCE) is bound For personal use only to the east and west by the Mundrabilla Lineament and the Albany-Fraser Orogen, respectively Other Exploration Projects – IOCG Potential ▪ Tenements sit proximate to a major NE trending

  16. Slide 16: To discover a Tier 1 deposit in WA's unexplored regions

    To discover a Tier 1 For personal use only deposit in WA’s unexplored regions and create value for all stakeholders 01 Tier 1 targets 02 Premier jurisdiction 03 Proven leadership 04 Social licence to operate 05 Future facing commodities First-mover into WA’s WA is a highly attractive Successful trac

  17. Slide 17: WA1 Resources Ltd

    For personal use only WA1 Resources Ltd Lvl 2, 55 Carrington Street, Nedlands Western Australia 6009 Investors Media Paul Savich Michael Vaughan Managing Director Fivemark Partners E: psavich@wa1.com.au E: michael.vaughan@fivemark.com.au T: +61 8 6478 7866 T: +61 422 602 720 / +61 410 276 744

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