Forrestania Resources Limited · ASX:FRS
Forrestania Resources — Investor Presentation (March 2022)
27 slides from Forrestania Resources's investor presentation, Mar 21, 2022
Slide 1: Corporate Presentation
For personal use only ASX: FRS Corporate Presentation 03 79 28 Exploring for Lithium, Gold and Nickel Li Au Ni in Western Australia March 2022
Slide 2: Disclaimer
Disclaimer For personal use only This document has been prepared by Forrestania Resources Limited ACN 647 899 698 and/or its affiliates (together, “Forrestania Resources”) for the exclusive use of the party to whom Forrestania Resources delivers this document (the “Recipient”). The information conta
Slide 3: Investment highlights
Investment highlights Lithium and Gold exploration ramping up Tier-1 jurisdiction - Western Australia For personal use only Exploring for Lithium, Gold & Nickel within 3 key projects: Forrestania Southern Cross Leonora Experienced Li & Au exploration team Robust pipeline of Li & Au targets underpin
Slide 4: Exposure to Strong Demand Fundamentals
Exposure to Strong Demand Fundamentals Li 03 Au 79 Ni 28 Underpinned by the ‘Green Energy Transformation’ For personal use only “.. As electric vehicle demand grows analysts predict 75% of all mined lithium could go to EV’s by 2025..” Demand driven by intensifying ‘green energy’ transformation movem
Slide 5: Background
Background Li 03 Au 79 Ni 28 A major consolidation play providing exploration optionality • Listed in September 2021 raising A$5m For personal use only • Consolidation of a major ground holding around Forrestania and additional projects at Southern Cross and Leonora • Forrestania Project area histor
Slide 6: Opportunity for growth
Opportunity for growth Li 03 Au 79 Ni 28 Rare consolidation of significant tenure prospective for Lithium, Gold and Nickel For personal use only Forrestania Project Southern Cross Project Leonora Project • Lithium, Gold and Nickel • Lithium and Gold • Targeting large scale granite • ~100km of prospe
Slide 7: Diversity, Community, and ESG engagement
Diversity, Community, and ESG engagement Diversity For personal use only • Forrestania Resources female participation rate 50% • (WA Resources industry female participation rate ~20%1) Community Engagement Stakeholders / Partners • Supporting Team Connect - engaging adolescent girls of diverse backg
Slide 8: Highly experienced board and management team
Highly experienced board and management team Aligned, motivated and focused on shareholder value For personal use only BOARD OF DIRECTORS John Hannaford David Izzard William Higgins Chairman Director Director AIG, B.Sc (Geology) CA, B.Com, F.Fin CPA, MBA, GAICD, B.Bus, M.Sc • 25 years experience in
Slide 9: Robust targets
Robust targets Li 03 Au 79 Ni 28 Pipeline of Lithium and Gold prospects underpins our exploration programs Resource For personal use only Regional review Target definition Drill testing Follow-up testing development Scaramucci Cohn E77/2364 SW Bounty East Lake Comey Giant South West Lithium Bannon S
Slide 10: Rigorous approach to targeting
Rigorous approach to targeting Li 03 Au 79 Ni 28 A staged approach to defining targets supports our pipeline For personal use only Resource Regional review Target definition Drill testing Follow-up testing development • Geochemical • Broad scale AC & • RC and / or • Systematic infill • Regional data
Slide 11: Lithium Exploration
For personal use only 03 Li Lithium Exploration Forrestania Project
Slide 12: Lithium exploration
Lithium exploration Li 03 Unlocking an emerging lithium belt ~100km of strike along a major greenstone contact and For personal use only 1 Lithium prospects within the Forrestania Project ~6km from Earl Grey and ~2km from Bounty 2 Well defined exploration model to identify prospective areas along th
Slide 13: Bounty East – Lithium
Bounty East – Lithium Li 03 Exploring in the shadow of a giant Bounty East - ~6km from Earl Grey • ~6km from Earl Grey, indications of similar For personal use only geochemistry and similar orientation of pegmatites • Drilling indicates key greenstone contact ~2.5km further east. Increasing the “Gol
Slide 14: South Ironcap East – Lithium
South Ironcap East – Lithium Li 03 Favourable position along “Goldilocks” zone and proximity to lithium occurrences For personal use only South Ironcap East prospect within the “Goldilocks” zone • Located at the southern end of the ~100km long Forrestania project • Demonstrates the prospectivity of
Slide 15: Gem & Giant Pegmatite – Lithium
Gem & Giant Pegmatite – Lithium Li 03 Conceptual model for Gem indicates mineralisation possibly not closed off Gem and Giant project area For personal use only • Specialised LCT pegmatites previously identified on M77/549 • Historically mined for tantalum, tin and gem quality rubellite in the 1980’
Slide 16: Gold Exploration
For personal use only 79 Au Gold Exploration Forrestania Project Southern Cross Project Leonora Project
Slide 17: Gold exploration
Gold exploration Au 79 Significant positions over major greenstone belts Forrestania Project – Gold prospects For personal use only 1 Three main project areas, Forrestania, Southern Cross and Leonora 2 Significant tenement positions over major greenstone belts / contacts 3 Targeting Resource growth
Slide 18: Lady Lila – Gold
Lady Lila – Gold Au 79 Exploring for resource growth along strike and down dip • Recent drilling has: Drilling confirms mineralisation over ~300m For personal use only • Extended the strike of mineralisation by ~50m • Confirmed down dip depth extensions • Confirmed supergene mineralisation over ~300
Slide 19: Black Prince and Great Southern – Gold
Black Prince and Great Southern – Gold Au 79 High grade rock chips and soil anomaly suggest a possible emerging NW gold trend For personal use only Indications of emerging NW gold trend Black Prince • High grade gold rock chips sampled over ~1.6km • Rock chip results up to 28.2g/t • Historical Black
Slide 20: Cross Roads – Gold
Cross Roads – Gold Au 79 Known high grade gold occurrences • Mineralisation over ~300m of strike and open Interpreted steeply dipping structures and historical For personal use only in both directions drilling • High grade historical drill results: • 3m @ 4.95g/t from 20m CRRC0001 • 2m @ 4.17g/t fro
Slide 21: Southern Cross Project – Gold
Southern Cross Project – Gold Au 79 Exploring historical artisanal workings in established gold field Targeting gold discoveries along major For personal use only • Multiple targets across tenement holdings structures • Panizza Road – early stage Au geochemical anomaly • Ghooli Dome – Au anomalies i
Slide 22: Leonora Project – Gold
Leonora Project – Gold Au 79 Exploring for multi million once gold discoveries New thinking applied to under explored For personal use only • 6 tenements covering 853km2 of prospective granites areas • Recent work has shown granite hosted Au deposits can potentially host multi million-ounce world cl
Slide 23: Corporate & work programs
For personal use only Corporate & work programs
Slide 24: Corporate overview
Corporate overview 03 79 28 Li Au Ni For personal use only Share Price Capital structure A$/share Vol (M) 0.60 16.0 14.0 A$0.31/share ~A$16m 0.50 Share price at 18/3/2022 Market capitalisation 12.0 0.40 10.0 51m 21.2m 0.30 8.0 Shares on issue Unlisted options 0.20 6.0 4.0 0.10 A$3.1m Nil debt 2.0 Ca
Slide 25: CY2022 work program
CY2022 work program Li 03 Au 79 Ni 28 Boots on ground exploration For personal use only Lithium exploration Gold exploration Forrestania Project Forrestania Project • Initial focus on Bounty East, South • Initial focus on Lady Lila, Great Southern, Ironcap East, Giant & Gem prospects Black Prince, G
Slide 26: Forrestania Resources – Investment highlights
Forrestania Resources – Investment highlights Li 03 Au 79 Ni 28 Positioning for success For personal use only Strategic land Ramping up field Strong pipeline of holding in emerging work programs for a prospects targeting Lithium and Gold busy 2022 Lithium and Gold terranes Aligned, motived & Leverag
Slide 27: For personal use only
For personal use only ASX: FRS John Hannaford - Chairman David Izzard - Director M: +61 409 042 769 M: +61 408 404 878 john@forrestaniaresources.com.au david@forrestaniaresources.com.au Billy Higgins – Non-Executive Director Angus Thomson – CEO M: +61 477 944 390 M: +61 434 325 624 Billy.higgins@for
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