Greenroc Strategic Materials Plc · LSE:GROC
Greenroc Strategic Materials — GreenRoc Mining — Investor Presentation (January 2022)
32 slides from Greenroc Strategic Materials's investor presentation, Jan 18, 2022
Slide 1: Fast-Tracking High-Grade Critical Minerals in Greenland
Fast-Tracking High-Grade Critical Minerals in Greenland through to Development and Production GREENROC Investor Presentation MINING PLE January 2022
Slide 2: Disclaimer
Disclaimer Important: You must read the following disclaimer before continuing. The following disclaimer applies to the following presentation and you are therefore advised to read this disclaimer carefully before reading, assessing or making any other use of the presentation. In accessing the prese
Slide 3: Disclaimer
Disclaimer | Nothing in the Presentationis, or should be relied on as, a promise or representation as to the future. This Presentation contains certain forward-looking statements relating to the business, financial performance and results of the Company and/or the industry in which it operates. Forw
Slide 4: Overview
Overview Objective to be a key supplier of critical, high-demand minerals to fast-growing end markets, benefiting from long-term structural drivers such as the energy transition Portfolio of high-grade projects in mining-supportive Greenland - Amitsoq: average graphite grades among highest in world
Slide 5: Management Team
Management Team Track record of value generation and proven expertise in the key disciplines required to fast-track projects through to development and production v Kirk Adams Executive Officer < George Frangeskides ecutive Chairman Nom-€! Jim Wynn inance Director Mark Austin Non-Executive Direc Lar
Slide 6: Greenland overview: fishing, tourism and minerals
) - Primary industry is fishing, but increasing focus on tourism and minerals industry - Greenland receives annual block grant of app. €470 m from Danish State - International flights to Kangerlussuaq and Narsarsuaq - No roads between towns. Travel by plane, helicopter or sea
Slide 7: Mining-friendly jurisdiction
- Disko (nickel, copper, platinum, cobalt), Anglo American, KoBold Metals and - Mining-friendly jurisdiction with supportive authorities & transparent mining others seeking major Norilsk-nickel style deposit laws and regulations - Citronen (zinc-lead), world’s largest undeveloped zinc-lead resources
Slide 8: Amitsoq High-Grade Graphite
Slide 9: Very High-Grade Graphite
Very High-Grade Graphite AMITSOQ GRAPHITE, GREENLAND Some of the world’s highest average graphite grades across two deposits: Amitsoq Island and Kalaaq Located in Nanortalik region Amitsoq: previously operating Kalaaq: graphite deposit Nalunaq of southern Greenland mine with graphite beds discovered
Slide 10: Graphite & EVs
Graphite & EVs ** Our lithium ion batteries should be called nickel- graphite batteries, because primarily the cathode is nickel and the anode side is graphite with silicon oxide.” - Elon Musk By weight, there is 10 times more graphite in a lithium ion battery than there is lithium... It is predicte
Slide 11: Graphite Explainer
Graphite Explainer Chart: Demand by application for natural graphite 2019 (Edison, Dec 2020) Graphite demand set to increase by 2,500% by 2040, fuelled by rapid growth of EVs Graphite: Non-toxic, chemically inert material with high electric and thermic conductivity, excellent lubricity and exception
Slide 12: High Purity Spherical Graphite
High Purity Spherical Graphite a AMITSOG GRAPHITE, GREENLAND & AN Alkaline purification achieves 5 99.97% LOI (avoids higher environmental impact of acid (HF) purification) >< } : : 12.\/Investor Presentation a \
Slide 13: HPSG Commands Higher Price
HPSG Commands Higher Price AMITSOG GRAPHITE, GREENLAND Spherical graphite (HPSG) commands 3-4 times higher price than flake graphite concentrate Natural Flake Graphite 15% Small Flake <80# US$500/MT 50% Jumbo Flake >50# US$1200/MT | S$1120/MT (fob China)/ $1,325 (cif Europe) Source: Fastmarkets/ Edi
Slide 14: Amitsoq Drilling
Amitsoq Drilling 14 | Investor Presentation
Slide 15: 2021 Exploration Progress (Kalaaq Mainland)
2021 Exploration Progress (Kalaaq Mainland) AMITSOQ GRAPHITE, GREENLAND sonia nine ovine we overvewaar N - Extension of substantial zones of A va mineralisation at Kalaaq Deposit through sampling, trenching and geophysics - Projection of Upper Graphite Zone (UGZ) extended 360m to the south and open
Slide 16: Peer Review
Peer Review AMITSOG GRAPHITE i Market . Resource Resource Contained St age company Cap* Projects (Mt) (Grade) Ore (Mt) 8 Talga Group Ltd £278.5m Vittangi (Sweden) 19.5 24% 4.68 Feasibility Julkunen (Sweden) 315 14.90% 469 Raitajarvi (Sweden) 43 7.10% 0.381 9.68 NextSource Materials Inc. £252.2m Molo
Slide 17: Thule Black Sands. High-Grade Ilmenite
Thule Black Sands. High-Grade Ilmenite 17 | Investor Presentation
Slide 18: High Grade Ilmenite
High Grade Ilmenite THULE BLACK SANDS. Extensively drilled and set to move into the development phase High-grade ilmenite mineral Extensively drilled, with JORC Resource: 19MT@ MEL 2017/29 valid till sands located on shoreline 10km of mineralised strike 43.6% THM, in-situ ilmenite 31/12/23 with righ
Slide 19: Ilmenite & Titanium Explainer
IImenite & Titanium Explainer IImenite Titanium Titanium Dioxide (Ti02) lImenite: black iron-titanium oxide (FeTiO3) largely recovered by dredging mineral sands Titanium: metal with the highest strength to weight ratio of all metals Titanium Dioxide, Ti02: most ilmenite is used to manufacture Ti02 l
Slide 20: 2021 Drilling Positions TBS for Expansion
2021 Drilling Positions TBS for Expansion THULE BLACK SANDS. Phase 2 Drilling completed August; assay results pending 249 holes completed to a maximum of 6 m depth for a total of 550 m Drilling focused on high-grade southern zone Current Resource definition limited to top 1m (depth of permafrost), w
Slide 21: Following a Proven Roadmap
Following a Proven Roadmap THULE BLACK SANDS. 2021 TBS Drilling objective: to move Inferred Resources to Indicated & define more Inferred Resources Will provide base for Scoping Study, EIA/SIA and application for Mining Licence Continued development of neighbouring Dundas project (Bluejay) provides
Slide 22: Titanium Market Dynamics
Titanium Market Dynamics | Global ilmenite market forecast to register CAGR of 4.2% in the period 2019-27 - prices at $390/t for TiO2 46%min (at 18/1/2022) Titanium pigment accounts Mineral sands end products China largest single Current strong demand for 90% of demand widely used in everyday life p
Slide 23: Melville Bay Iron Ore
Slide 24: Melville Bay Iron Overview
Overview MELVILLE BAY IRON (seated in N-W, 130 km south of Qaanaaq \ - MEL 2017/41 valid until 31/12/23 (right to renew thereafter) - Licence comprises three sub-areas: Havik East, Haematite Nunatak and De Dodes West - JORC Inferred Resource of 63 Million Tonnes @ 31.4% Fe - Significant potential to
Slide 25: Iron Ore Explainer
lron Ore Explainer China is world’s 98% of mined iron largest iron ore ore is used to make consumer and steel biggest producer of steel P Production from Clee Auer on) magnetite (Fe304) eee involves ore being ground and magnetite rer) ~ requires separated to produce hallo [KoeoSsins) concentrate 25
Slide 26: Building on Substantial Historical Work
Building on Substantial Historical Work MELVILLE BAY IRON - Airborne geophysics - 3,520m diamond drilling programme - identifying thick, up to 80m iron ore bed ( suvstantia historical work >) ~ 'SLAND (Z , aay Melville s . - DTR test work: high-grade 70% concentrate produced through conventional mag
Slide 27: Development Plans
Development Plans MELVILLE BAY IRON Significant potential to increase resource GreenRoc also plans to focus exploration on Thereafter, Scoping Study/PEA, then at Melville Bay through further drilling targets with high-grade DSO potential EIA/SIA in order to apply for Mining Licence High-grade (0.5m
Slide 28: Inglefield Multi-Element
Slide 29: Inglefield Multi-Element Overview
Overview INGLEFIELD MULTI-ELEMENT - N-W Greenland, MEL 2018/25 (88km?) valid until 31 December 2024 (right to renew thereafter) - Extensive historic exploration confirms cobalt, copper, gold, vanadium and nickel - 2018 fieldwork confirmed Cu-Au-Ag-Mo mineralisation over 500m zone - 2019 geophysics r
Slide 30: Indicative Development Timetable
Indicative Development Timetable: Amitsoq & TBS) 0-12 Months Amitsoq 12-24 Months Amitsoq Amitsoq Resource Estimation Revised Resource Estimation Scoping/EIA/ SIA Studies Revised Resource Estimation Amitsoq Phase 2 Drilling Programme Scoping/EIA/ SIA Studies Submission of EIA/SIA Mining Licence Appl
Slide 31: Investment Case
Investment Case Market Opportunity Demand Growth Greenland - Graphite and titanium are both critical minerals - EU supply constrained by China (supplies 47% of graphite, 45% of titanium) High Grade - Graphite demand growth forecast +2,500% by 2040 - Ilmenite demand growing, prices at a multi- year h
Slide 32: Contact Details
Contact Details] GreenRoc Mining Plc 6' Floor, 60 Gracechurch St London EC3V OHR United Kingdom Tel: +44 (0)20 3950 0724 Email: info@greenrocmining.com Website: www.greenrocmining.com Twitter: @GreenRoeMining LinkedIn: GreenRoc Mining pic 32 | Investor Presentation St Brides Partners Ltd (PR Adviser
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