Venari Minerals Nl · ASX:VMS
Venari Minerals Nl — Astute Metals NL — Investor Presentation (July 2024)
19 slides from Venari Minerals Nl's investor presentation, Jul 2, 2024
Slide 1: Value-creation through Discovery
For personal use only Value-creation through DISCOVERy Investor Presentation | July 2024 ASX: ASE
Slide 2: Disclaimer and Forward-Looking Statement
DISCLAIMER AND FORWARD-LOOKING STATEMENT IMPORTANT NOTICE & DISCLAIMER The purpose of this presentation is to provide background information to assist readers in obtaining a general understanding of Astute Metals NL (‘Astute’ or ‘the Company’) and its objectives. Readers should make their own indepe
Slide 3: An Astute Investment
AN ASTUTE INVESTMENT Lithium Clay Discovery at Red Mountain (USA) – Further assays pending For personal use only • First three holes intersected high-grade mineralisation within 8 km-long soil anomaly • Aspirational target to define one of the top four lithium clay projects in the USA Copper-Gold Di
Slide 4: Corporate Overview
CORPORATE OVERVIEW Share Price ASX: ASE Key Financials For personal use only 4,000,000 0.06 Share Price (@ 01.07.24) $0.03 3,500,000 Shares on Issue 424,030,128 0.05 3,000,000 Options Nil 0.04 Loan Funded Shares 18,235,0002 Share Price ($AU) 2,500,000 Volume Market Cap (@ 01.07.24) $12.72 m 2,000,00
Slide 5: Board and Management
BOARD AND MANAGEMENT Tony Leibowitz Non-Executive Chairman Matt Healy Executive Director For personal use only Mr Leibowitz is a Fellow of the Institute of Chartered Mr Healy is a highly experienced geologist and Australian Accountants, Australia with over 30-years corporate finance, mining executiv
Slide 6: Lithium Clays
LITHIUM CLAYS For personal use only Battery Product Low Cost of Impact of Produced at Mine Production Large-scale Lithium clay projects such as Compared to hard-rock Large-scale continuous Thacker Pass1, Clayton Valley6 projects, Lithium clays are geology with long mine-life, and TLC Lithium3 will p
Slide 7: Lithium Clay – A Low Cost Pathway to a Battery Product
LITHIUM CLAY – A LOW COST PATHWAY TO A BATTERY PRODUCT For personal use only Pilgangoora Lithium Clay Projects Benchmark 27/06 LCC Index USD $12,639 Source: TSX.V: LI April 2023 - American Lithium Corporate Presentation 7
Slide 8: Lithium clay resources and peer market caps
McDermitt Lithium (Oregon) Lithium Clays 3.0Bt @ 1,340ppm Li / 21.5Mt LCE1 ASX: JLL Jindalee Lithium Market Cap: $18.8M AUD Thacker Pass 1.45Bt @ 2,070ppm Li / 16.1Mt LCE2 For personal use only Large Mineral Resources TSE: LAC Lithium Americas Market Cap: $831M CAD / $913M AUD 360Mt5 to 5.5Bt4 TLC L
Slide 9: Nevada Lithium (100%) – Red Mountain
NEVADA LITHIUM (100%) RED MOUNTAIN For personal use only Maiden drill campaign reveals high-grade clay discovery: • RMRC001 intersected 59.4m @ 1,300ppm Li / 0.69% LCE • RMRC002 and 003 intersected lithium mineralisation 4.5km from RMRC001 • Assays for eight holes and additional rock chip samples pe
Slide 10: Georgina IOCG Project – Copper-Gold
GEORGINA IOCG PROJECT For personal use only COPPER-GOLD Location Work to Date Prime Target Between the historic copper- Leveraging substantial Gravity modelling has gold mining regions of Mount geoscience work completed revealed a high-density target Isa and Tennant Creek, ‘East by Geoscience Austra
Slide 11: Georgina IOCG (100%) – Base Metals & Gold
GEORGINA IOCG (100%) BASE METALS & GOLD For personal use only Location: • Between historic mining districts of Tennant Creek and Mount Isa • Ten granted tenements, three under application - 4,522km2 IOCG deposits an attractive exploration target: • Iron oxide copper gold (IOCG) deposits are large an
Slide 12: Previous drilling intersected copper anomalism and uranium
For personal use only Previous drilling intersected copper anomalism and uranium (0.24% U3O8 and 819ppm Cu from 689.09-689.41m) Drill testing Leichhardt East in mid 2024 12
Slide 13: Leichhardt East a 'Text-Book' IOCG target
Leichhardt East a ‘Text-Book’ IOCG target For personal use only Source: Geoscience Australia ‘Iron oxide copper-gold mineral system’ https://www.ga.gov.au/data-pubs/data-and-publications-search/publications/critical-commodities-for-a-high-tech-world/iron-oxide-copper-gold 13
Slide 14: Governor Broome – Heavy Mineral Sands
GOVERNOR BROOME For personal use only HEAVY MINERAL SANDS Location Mineralogy Performance In the Southwest WA Mineral High-value quality-of-life Conventional WCP methods Sands district, within trucking commodities zircon and produced heavy mineral distance to heavy mineral titanium minerals ilmenite
Slide 15: Governor Broome (100%) – Mineral Sands
GOVERNOR BROOME (100%) MINERAL SANDS For personal use only Location: • 95km from Busselton by road in Southwest Mineral Sands district • Four processing plants and deepwater port within 135km by sealed road JORC Mineral Resources: • 101Mt combined incl 94.4Mt of Measured and Indicated @ 4.5% HM Scop
Slide 16: Active Exploration News-flow
Active Exploration News-flow For personal use only Red Ranken ANT Red Red Mountain Geophysical Mountain Mountain Drill Assays Survey Drilling Drill Assays July August Sept. Oct. Nov. Red Leichhardt Georgina Red Leichhardt Mountain East VTEM Mountain East Drill Rock Chip Diamond Geophysical Met Assay
Slide 17: A Unique Investment Opportunity
A UNIQUE INVESTMENT OPPORTUNITY For personal use only • Emerging lithium clay discovery in Nevada with US-scale potential • Opportunity for high-impact copper-gold discovery in the NT with mid-year drilling • Largely de-risked Heavy Mineral Sands development project with robust economics • Strong ne
Slide 18: Footnotes and Previous Announcements; Competent Person Statements
Footnotes and Previous Announcements Competent Person Statements 1. https://www.fortunebusinessinsights.com/press-release/global-lithium-market-10289 The information in this report that relates to Nevada Lithium Exploration is in-part 2. https://www.fraserinstitute.org/studies/annual-survey-of-minin
Slide 19: Contacts
For personal use only Contacts Matt Healy Nicholas Read Executive Director Media & Investor Relations mhealy@astutemetals.com nicholas@readcorporate.com.au +61 (0) 431 683 952 +61 (0) 419 929 046 19