Accelerate Resources Ltd. · ASX:AX8
Accelerate Resources — RIU Explorers Conference 2024
16 slides from Accelerate Resources's conference presentation, Feb 15, 2024
Slide 1: Critical Metals Exploration in Western Australia
For personal use only Critical Metals Exploration in Western Australia RIU Explorers Conference 2024 Exciting Drill-ready Lithium Targets in the West Pilbara February 2024
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation has been prepared by Accelerate Resources Limited (Accelerate or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided in summary Forward Looking Statement
Slide 3: Corporate Snapshot
Corporate Snapshot Advanced Critical Metals and Gold Exploration in Western Australia For personal use only AX8 610M ASX CODE SHARES ON ISSUE 220M $0.03 SHARES & Share Price PERFORMANCE RIGHTS A$2.9M $18.3M CASH MARKET CAP Note: The share price & market capitalisation balancing date is as at 12/02/2
Slide 4: Experienced Board and Management
Experienced Board and Management Richard Hill Luke Meter For personal use only Non-Executive Chairman Chief Executive Officer Commercial geologist with 25 years’ experience in the resources Experienced geologists with 18 years of active exploration, industry. He has performed roles as in house lawye
Slide 5: AX8 Investment Proposition
AX8 Investment Proposition Why invest in Accelerate Resources now? ✓ Current focus on advancing Karratha Lithium Project – For personal use only approx. 90sqkm of tenements located nearby to the mining centres of Karratha, Dampier and Roebourne ✓ Prinsep Project is a significant new high-grade lithi
Slide 6: Lithium and Manganese use in EV Batteries
Lithium and Manganese use in EV Batteries Critical metals for the clean energy transition Lithium (Li) For personal use only • 643,000+ metric tons Supply in 2022. • 2.14 million metric tons1 By 2030 • Global demand is expected to increase seven-fold by 2030. • Driven by rising demand of electric ve
Slide 7: Right address and right commodity
Karratha Lithium Project Right address and right commodity For personal use only Recently Acquired Transformational Acquisition in emerging major West Pilbara lithium province New discovery with high grade spodumene rich lithium at surface Scale Potential with 90km2 of tenure within the rapidly emer
Slide 8: New Prinsep Project
Karratha Lithium Project – New Prinsep Project • New high grade lithium discovery consisting For personal use only of at least two parallel zone of spodumene- rich pegmatite. • Northen mineralised pegmatite mapped over 1,800m in strike with outcrop widths up to 60m wide over 1,200m. • Southern miner
Slide 9: New Prinsep Project
Karratha Lithium Project – New Prinsep Project For personal use only • Strong mineralisation continunity confirmed over Prinsep northern pegmatite trend. • Continuous mineralisation defined across whole 45 - 60 metre outcrop width over a strike length of 650m. • Rock Samples collected every 5 metres
Slide 10: Prinsep Project spodumene pegmatite sample
Karratha Lithium Project – Prinsep Project For personal use only Prinsep spodumene bearing pegmatite sample under white and UV light – spodumene has an orange fluorescence 10 Accelerate Resources Limited | ASX:AX8 | Investor Presentation February 2024
Slide 11: Exploration Upside
Karratha Lithium Project – Exploration Upside For personal use only Priority geochemical sampling and mapping sites Pegmatite outcrops compiled by company ASX releases. 5/02/2024: ARV Significant new pegmatite discovery. 22/12/2023: RDN Independent technical analysis. 7/12/2023: GRE Rock chip result
Slide 12: Woodie Woodie North Manganese Project
Woodie Woodie North Manganese Project High-Grade Mineral Resource with significant exploration upside For personal use only 70km to Woodie Woodie Manganese Mine 240km to Port Hedland (Bulk Commodity 30km Port) to sealed road 358km2 of prospective geology 10km to Gas Pipeline 12 Accelerate Resources
Slide 13: Woodie Woodie North Maiden Inferred Mineral Resource Estimate
Woodie Woodie North Manganese Project Maiden Inferred Mineral Resource Estimate 1.2 Mt at 19.1 % Mn (15% Mn cut-off) For personal use only Near Term Exploration Target 5.3 Mt – 10.7 Mt at 10% - 19% Mn JORC Tonnes Area % Mn % Fe % SiO2 % Al2O3 %P Classification (Mt) Indicated - - - - - - Area 1 Infer
Slide 14: Comet Gold Project
Comet Gold Project Exposure to an established gold project with clear growth potential For personal use only 5 km +20 Moz to 1.4 Mt per annum Produced to date Tuckabianna process within the Meekathara hub to Mt Magnet Greenstone belt 18 km 20 km strike of prospective to township of Cue geology 3 km
Slide 15: Near-Term Value Catalysts
Near-Term Value Catalysts For personal use only ✓ Maiden drilling expected to commence at the Prinsep Lithium Project in early Q2 2024 ✓ Rapid progression from first drill hole to resource and mining license application ✓ Strong pipeline of exploration currently underway across Karratha Lithium Proj
Slide 16: Contact Us
Contact Us For personal use only Luke Meter Chief Executive Officer P: (+61) 08 6248 9663 E: lukem@Ax8.com.au Office Address Ground Floor 1/16 Ord Street, West Perth WA 6005 Website www.ax8.com.au 16 Accelerate Resources Limited | ASX:AX8 | Investor Presentation February 2024