Strata Minerals Limited · ASX:SMX
Strata Minerals — Investor Presentation (December 2024)
21 slides from Strata Minerals's investor presentation, Dec 9, 2024
Slide 1: Corporate Presentation: Positioned for Growth
For personal use only Corporate Presentation 9 December 2024 Positioned for Growth Gold, Uranium and Rare Earths Exploration in World Class Jurisdictions ASX:SMX w: stratamineralslimited.com
Slide 2: Important Information: Disclaimer, Forward Looking and CP Statements
Important Information Disclaimer, Forward Looking and CP Statements For personal use only Forward Looking Statements Competent Person’s Statement Some statements in this announcement regarding estimates or future events are forward-looking The information in the market announcement is an accurate re
Slide 3: Corporate Snapshot
Corporate Snapshot Tightly held, low EV For personal use only 0.09 12 0.08 CAPITAL STRUCTURE 10 Share price ($A) 0.07 Volume (millions) 0.06 8 Share price (at 6 Dec 2024) $0.018 0.05 6 0.04 Shares on issue 190.8M 0.03 4 0.02 2 Cash (30 Sept 24) $2.3M 0.01 0 0 4/10/2023 12/09/2023 21/02/2024 29/10/20
Slide 4: Board with significant experience
Board with significant experience Deep corporate and technical capabilities For personal use only Jonathan Downes Peter Woods Oliver Kreuzer Richard Monti Steve Wood Chairman Managing Director Director Director Company Secretary • 25+ years’ experience • 15+ years’ experience • 20+ years’ experience
Slide 5: Projects Overview
Projects Overview Located in world class jurisdictions (Western Australia & Canada) For personal use only ASX:SMX w: stratamineralslimited.com
Slide 6: Located in world class gold region of Western Australia
Penny South Gold Project Located in world class gold region of Western Australia For personal use only District is seeing increasing M&A activity1 and Penny South Project is within proximity to 3rd party mill ASX:SMX w: stratamineralslimited.com
Slide 7: Penny South Project next to Ramelius' Penny mine
Penny South Gold Project • Strata (ASX.SMX) recently acquired the Penny South Project which is ~550m south of one of Australia’s highest grade producing gold For personal use only mines - the Penny West/North Gold Mine (“Penny”) (320k oz at 22g/t1) owned and operated by Ramelius Resources Limited (A
Slide 8: Penny South local geology and historical drilling
Penny South Gold Project • Average historical drill hole depth across Penny South Project is only ~42m, with 18 holes deeper than 100m and 7 holes deeper than 200m, with no For personal use only diamond drilling4 • Historic drilling has encountered various significantly anomalous intersections of go
Slide 9: High-priority drill targets identified at Penny South
Penny South Gold Project 4 large scale, high-priority drill targets identified at Penny South5 For personal use only • Target 1: interpreted down-plunge mineralisation from Penny Gold Deposits at depth approx. 160m below surface • Target 2: based on widespread, consistent anomalous drilling results
Slide 10: Spectrum Metals discovery analogy at Penny West/North
Penny South Gold Project Spectrum Metals discovery analogy at Penny West/North For personal use only • Spectrum Metals ($5M market cap Feb 2019) followed up an isolated 1m @ 6.47g/t hole from 92m at Penny North6 • Discovery hole at Penny North intersected 8m @ 23.3g/t Au from 128m (SPWRC002) approx
Slide 11: Penny West lode and stratigraphic setting
Penny South Gold Project • The gold lode at Penny West is understood to be 2-3m wide quartz vein For personal use only hosted within sheared granodiorite unit, near basal contact with amphibolite • Penny South shares similar stratigraphic set up as Penny West/North • Ramelius (ASX:RMS) has drilled 3
Slide 12: Penny simplified exploration model
Penny South Gold Project For personal use only Penny simplified exploration model looking North • Granodiorite and amphibolite units generally poorly tested by historic drilling at Penny South • Any historic holes into the granodiorite appear to have only intersected the top of this unit and not tes
Slide 13: Next Steps
Next Steps Penny South Gold Project For personal use only • Detailed drill planning progressing • Discussions with selected drilling companies underway • POW’s have been submitted • Ground based EM survey underway • Ongoing targeting process • Initial drilling program to commence Q1 2025 ASX:SMX w:
Slide 14: Elliot Lake Uranium Project
Elliot Lake Uranium Project • Elliot Lake Uranium Project (100% ownership) in world-class For personal use only uranium province • Along strike from the Elliot Lake Uranium District, Ontario, which historically produced >360Mlb U 3O 8 from 13 underground mines • World’s largest uranium refinery, the
Slide 15: Elliot Lake Uranium Project
Elliot Lake Uranium Project For personal use only • Project along strike and near world class historical uranium mines • Five project areas covering a combined 180km2 with known uranium within claims • Several high priority targets identified on Strata’s tenure featuring strong radiometric anomalism
Slide 16: Elliot Lake: Continuous and sedimentary nature of mineralisation
Elliot Lake Uranium Project Continuous and sedimentary nature of mineralisation For personal use only • Targeting conglomerate-hosted uranium and rare earth elements (REE) mineralisation • Known deposits in the district are strata-bound and consequently relatively continuous and predictable • Deposi
Slide 17: Biranup Gold Project, Albany-Fraser Belt, WA
Biranup Gold Project Albany-Fraser Belt, WA For personal use only • Approximately 15km north-east along strike of AngloGold Ashanti-Regis Resources’ Tropicana Gold Mine (+5Moz Au)10 • Along trend to other discoveries to the NE • Strata Minerals previously focused on nickel potential, not gold • Feat
Slide 18: Next Steps: Elliot Lake and Biranup
Next Steps Penny South Gold Project Elliot Lake Uranium Project Biranup Gold Project For personal use only • Detailed drill planning progressing • Initial first pass ground exploration • Strategic review underway to refocus on completed gold prospectivity (previously nickel • Discussions with select
Slide 19: Why Strata Minerals?
Why Strata Minerals? Right commodities, right jurisdictions, right time For personal use only Gold, Uranium and Tier one locations Exceptional team Poised for growth Rare Earths focus Global megatrends Exploring WA Gold next Board and management Detailed drill planning at underpinning major uplift d
Slide 20: Contact
For personal use only CONTACT Level 5, 191 St Georges Terrace Peter Woods Perth WA 6000 Managing Director t: +61 2 9299 9690 pw@stratamineralsltd.com e: info@stratamineralslimited.com w: https://stratamineralslimited.com/ ASX:SMX w: stratamineralslimited.com
Slide 21: Appendix: References
Appendix References: Penny South Gold Project For personal use only 1refer ASX.AME release 1/8/24 “Brightstar to drive consolidation of sandstone district” and ASX.RMS release 27/6/24 “Ramelius makes strategic investment in Spartan Resources” 2refer ASX.RMS announcement 2/10/2024 “An afternoon with
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