Viridis Mining And Minerals Limited · ASX:VMM
Viridis Mining And Minerals — Unearthed Natural Resources Conference 2025
18 slides from Viridis Mining And Minerals's conference presentation, Feb 13, 2025
Slide 1: Colossus Ionic Clay Project
COLOSSUS For personal use only IONIC CLAY PROJECT Unlocking a new frontier of Rare Earths in the Poços De Caldas Alkaline Complex February 2025 Unearthed Natural Resources Conference Viridis Mining and Minerals Ltd - Colossus Ionic Clay Project 1
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer This document is confidential and may not be reproduced, redistributed or This document is a visual aid and is not intended to be read as a stand alone passed on, directly or indirectly. document. The material contains selected and abbreviated summary information
Slide 3: Corporate Summary
Corporate Summary Capitalisation Data Contact Details Current shares on Issue1 85.3 Million Rafael Moreno Carly Terzanidis For personal use only Chief Executive Officer Company Secretary Share Price1 $0.315 Market Capitalisation (MC)1 $26.9 Million info@viridismining.com.au cosec@viridismining.com.a
Slide 4: Colossus Value Proposition: Progressing Rapidly from Explorer to Producer
Colossus Value Proposition : Progressing Rapidly from Explorer to Producer Global Resource: 493Mt @ 2,508ppm TREO and 601ppm MREO1 [Nd, Pr, Dy, Tb] World Class Measured & Indicated: Both largest & highest grade MREO IAC resource Deposit globally 329Mt @ 659ppm MREO1 → The key driver for operational
Slide 5: Colossus Project: Progressing from Grassroots Exploration to Development
For personal use only Colossus Project Progressing from Grassroots Exploration to Development 5
Slide 6: Poços De Caldas: Strategic Land Position in Ideal Location
Poços De Caldas : Strategic Land Position in Ideal Location Unlocking the True Geological Potential of the Colossus Project For personal use only Poços De Caldas – Largest Alkaline Complex in Southern Hemisphere and is homogenously mineralised with Rare Earths. Local community is supportive of minin
Slide 7: Updated Resource: Globally Significant Size and MREO Content
For personal use only UPDATED RESOURCE: Globally Significant Size and MREO Content ▪ High-Grade IAC REE Project at 1,000ppm Cut-Off: • 493Mt @ 2,508ppm TREO1; • Globally significant MREO content – 601ppm ▪ Measured & Indicated portion of resource: • 329Mt @ 2,680pm TREO & 659ppm MREO1; • Largest and
Slide 8: Superior MREO Content: Colossus IAC Premier Project Globally by Value
Superior MREO Content: Colossus IAC Premier Project Globally by VALUE 1 Why MREO Matters? ▪ MREO [Nd, Pr, Dy, Tb] is the key factor behind profitability of an REE Operation. For personal use only ▪ MREO accounts for majority of basket value (saleable price) within plant output: • At Northern Concess
Slide 9: Metallurgical Testing: World Leading Ionic Recoveries
Metallurgical Testing : World Leading Ionic Recoveries Comprehensive metallurgic testing, ensuring detailed Maiden MREC Production – Northern mine plan and derisking the pathway to production Concessions1 76% net MREO & 64% net TREO recovery from Ore to final saleable MREC [0.3M Ammonia Sulphate (‘A
Slide 10: Flowsheet Development: Simple, Low Cost and Environmentally Friendly
Flowsheet Development: Simple, Low Cost and Environmentally Friendly Northern Concession & Southern Complex The value proposition of the Colossus project is centred around MREC Flowsheet Design & Results the true ionic nature, high grade, world leading recoveries and low OPEX flowsheet that has been
Slide 11: Development Strategy: Colossus Starts with Northern Concessions
Development Strategy : Colossus Starts with Northern Concessions Northern Concessions infill drilling showing significant improvement to resource model 1. De-risked Pathway to Production Initial Production Facility to be located at contiguous Northern Concessions in the Municipality of Poços De Cald
Slide 12: Key Work Program for 2025: Execution Activities on Critical Path
Key Work Program for 2025: Execution Activities on Critical Path Engineering / Scoping Study / Pre-Feasibility Study1 Scoping Study expected to be finalised and issued to the market Q1 2025, with the initial focus being the highly prospective Northern Concessions. Pre-Feasibility Study commenced in
Slide 13: Government Signed MoUs: De-risking Regulatory and Environmental Approvals
Government Signed MoUs: De-risking the Colossus Regulatory and Environmental Approvals Process “Viridis has entered into two crucial non-binding MoUs with Agreement with : the State Government of Minas Gerais and the associated State of Minas Gerais/Invest Minas State Secretary for Economic Developm
Slide 14: Downstream Technology: JV For Separation / Refining / Recycling
Downstream Technology: JV For Separation / Refining / Recycling Viridion JV with Ionic Rare Earths (IXR) Colossus positioned to become first producer of refined Rare Earth Oxides (‘REO’) in Brazil, through a JV signed with IXR1. For personal use only The JV has exclusive global (excluding Asia and U
Slide 15: Anticipated Project Milestones: Work Program to Initial Production
For personal use only Anticipated Project Milestones: Work Program to Initial Production 2025 2026 2027 Project Activities Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Resource Drilling Metallurgical & Flowsheet Testing Met Test Optimisation – Finalise Mine Plan Resource Development Maiden Reserve Engineerin
Slide 16: Thank You
For personal use only THANK YOU Further Enquiries: Rafael Moreno Carly Terzanidis Chief Executive Officer Company Secretary Phone: +61 3 9071 1847 Phone: +61 3 9071 1847 Email: info@viridismining.com.au Email: cosec@viridismining.com.au 16 Viridis Mining and Minerals Ltd - Colossus Ionic Clay Projec
Slide 17: Glossary
GLOSSARY For personal use only • EIA: Environmental Impact Assessment • HREO: Heavy Rare Earth Oxides • IAC: Ion-Adsorption Clay • MoU: Memorandum of Understanding • MRE: Mineral Resource Estimate • MREC: Mixed Rare Earth Carbonate • MREO: Mixed Rare Earth Oxides • NC: Northern Concession • PCD: Poç
Slide 18: Annexure: IAC Projects Resource Estimate Peer Table
ANNEXURE 1 IAC Projects Resource Estimate Peer Table For personal use only Company Project Development Phase Million Tonnes Grade Cut-Off Nd Pr Dy Tb MREO Reference Serra Verde Serra Verde Pela Ema Production 911 1,200 NSR 161 49 28 4 242 Reference Slide 10, 11. M + I + Inf Ionic Rare Ionic Rare Ear
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