Perpetual Resources Ltd. · ASX:PEC

Perpetual Resources — Investor Presentation (December 2024)

35 slides from Perpetual Resources's investor presentation, Dec 2, 2024

  1. Slide 1: Rapidly advancing in Brazil's premier Lithium & Rare Earth jurisdictions

    For personal use only Rapidly advancing in Brazil’s premier Lithium & Rare Earth jurisdictions ASX: PEC DECEMBER 2024

  2. Slide 2: Disclaimers

    This presentation contains summary information about Perpetual Resources Ltd ACN 154 516 533 No other material authorised: The Company has not authorised any person to give any DISCLAIMERS (Perpetual or the Company) and is current as of 2nd December 2024. information or make any representation in co

  3. Slide 3: Project Portfolio Lithium and Tin

    Project Portfolio Lithium and Tin LITHIUM & TIN For personal use only Lithium Valley Compelling footprint in Brazil’s “Lithium Valley”, which hosts several Tier 1 RARE EARTHS spodumene projects. Caldeira Complex CAL DEIRA CO MP LEX Established projects: Host to some of the highest-grade ionic absorp

  4. Slide 4: Key Catalysts

    Key Catalysts use only Q4 2024 Q1 2025 Q1 2025 Q1 2025 Q1/Q2 2025 FIELDWORK AND ASSAYS & TARGET TARGET REFINING SITEWORKS DRILLING DEFINITION ISABELLA SAMPLING Development of high LIDAR analysis and Drilling program Lithium preparation for underway personal Broad-scale Interpretation of potential dr

  5. Slide 5: Brazil Critical Minerals: On the Doorstep of the USA

    Brazil Critical Minerals For personal use only ON THE DOORSTEP OF THE USA • The US has a desire to develop new, non- traditional critical minerals supply chains • Brazil represents the ideal location to identify critical minerals projects, due to its proximity to the US market • The US and Brazil ar

  6. Slide 6: Efficient and Agile Exploration

    Efficient and Agile Exploration For personal use only Significant valuation High impact, low cost discrepancy to peers based on known mineralisation Optimal geological setting In-country team and that significantly enhances experienced management the likelihood of success Low-risk, mining-friendly S

  7. Slide 7: Corporate Snapshot

    Corporate Snapshot For personal use only ASX CODE PEC SHAREHOLDERS (Top 20 represent 40% of Register) Share Price (as at 29th November 2024) $0.016 Ordinary Shares 736.0m Julian Babarczy 7% Options (strike prices $0.025 - $0.06) 40m Robert Benussi 6% Market Capitalisation $11.8m Tolga Kumova (and re

  8. Slide 8: Board of Directors

    Board of Directors For personal use only JULIAN BABARCZY ROBERT BENUSSI BRETT GROSVENOR NICHOLAS KATRIS Executive Chairman Managing Director Executive Director Company Secretary Management Team Allan Stephens Rafael Mottin Karl Weber Vinicius Theobaldo Jorge Flávia Compass PhD Exploration Manager In

  9. Slide 9: Prospective Asset Base

    PROSPECTIVE ASSET BASE TIN (CASSITERITE) For personal use only LITHIUM RARE EARTHS • Multiple spodumene high • Outstanding maiden drill results • High grade tin (>7% Sn, incl. grade assays >5% Li2O • 5m @ 5,591ppm TREO (35% Nd+Pr) 2,859 ppm Tantalum). • Multiple tenement areas • 12m @ 4,601ppm TREO

  10. Slide 10: Why Brazil?

    For personal use only Why Brazil?

  11. Slide 11: Tier 1 Jurisdiction: Brazil Proven & Proactive

    Tier 1 Jurisdiction For personal use only BRAZIL: PROVEN & PROACTIVE • Major Economic Contributor o Brazil's mining sector is among the top three contributors to the world's 10th largest economy. • Pro-Mining Legislation and Government Support o The country has robust legislation and strong governme

  12. Slide 12: Minas Gerais: Brazil's Mining Hub

    Minas Gerais For personal use only BRAZIL’S MINING HUB Minas Gerais is Brazil’s pre-eminent mining jurisdiction, hosting a vast number of mines across multiple commodities: • More than 300 operating mines, including 40% of Brazil’s largest mines. • Brazil’s sole domestic producer of lithium concentr

  13. Slide 13: MOU with Brazilian Government - Minas Invest

    MOU with Brazilian Government - For personal use only Minas Invest MOU SUMMARY – COLLABORATION WITH INVEST MINAS Perpetual and Invest Minas have entered an MOU to support Perpetual’s projects in Minas Gerais, with key commitments including: • Government & Licensing Support: Assistance with governmen

  14. Slide 14: Incentives & Growth: Government Investment

    Incentives & Growth For personal use only GOVERNMENT INVESTMENT Brazil plans to invest over US$2.1 billion by 2030 to expand lithium production. • Brazil’s ‘Mover’ (National Green Mobility and Innovation) Program: o Aims to decarbonize the automotive industry by reducing emissions throughout the pro

  15. Slide 15: Incentives & Growth (cont'd): Foreign Investment

    Incentives & Growth (cont’d) For personal use only FOREIGN INVESTMENT • EV & Battery Investment o BYD, the largest electric car producer, is opening three factories in Bahia, investing R$3 billion. o Great Wall Motors plans to start producing electric cars in São Paulo (late-2024) o BYD will manufac

  16. Slide 16: Embedded Sustainability

    Embedded Sustainability For personal use only Minas Gerais: Paving the Way as a Leader in Green Innovation o Minas Gerais generates 99.5% of its energy from renewable sources, including solar, biofuels, green hydrogen, and biomass. o First state in Latin America to join the UN's Race to Zero campaig

  17. Slide 17: PEC Projects: Advanced Lithium & Battery Metals

    For personal use only PEC Projects: Advanced Lithium & Battery Metals

  18. Slide 18: Lithium Valley: Perpetual's Lithium Projects

    Lithium Valley For personal use only PERPETUAL’S LITHIUM PROJECTS Situated in Brazil’s world-renowned Lithium Valley, Perpetual’s areas cover 12,536 hectares across 12 licenses, adjacent and proximal to some of the largest lithium producers and developers globally, including: S I G MA LI T H I UM ($

  19. Slide 19: Perpetual Lithium & Tin Projects

    For personal use only 1. ISABELLA 2. ITINGA & TIN PROJECTS PERPETUAL LITHIUM • Advanced exploration project • Advanced exploration project • Outcropping spodumene, multiple • High grade cassiterite-tin >7% Sn assays >5% Li2O located in exposed multiple pegmatite • >2km underexplored mineralized syst

  20. Slide 20: Isabella Lithium Project

    Isabella For personal use only Lithium Project ADVANCED LITHIUM EXPLORATION PROJECT DELIVERING HIGH-GRADE SPODUMENE. Located in the epicenter of Tier 1 producers and developers. • High grade lithium confirmed, with spodumene sample results including; • 5.62% Li2O • 5.40% Li2O (maximum detection limi

  21. Slide 21: Isabella Lithium Project (cont'd)

    Isabella Lithium Project (cont’d) For personal use only Sample ID Easting Northing Li (ppm) Li2O (%) IZA001 199105 8118631 26,100 5.62% PIZ009 199105 8118631 >25,000 >5.4% PIZ011 199105 8118631 >25,000 >5.4% PZA004 200164 8118213 13,700 2.9% PIZ014 199115 8118642 10,100 2.2% PIZ025 199257 8118627 8,

  22. Slide 22: Isabella Lithium Project (cont'd)

    Isabella Lithium Project (cont’d) For personal use only Significant Exploration Upside in Underexplored Regional Trend o Underexplored Trend: Over 3 km of prospective corridor, open along regional interpretation, with lithium mineralization and spodumene identified. o High-Grade Continuity: Rock chi

  23. Slide 23: Isabella Lithium Project (cont'd)

    Isabella Lithium Project (cont’d) For personal use only 23 Refer to ASX Announcement: “Acquisition of Brazil Spodumene Project with up to 5% Li2O” dated 24 July 2024.

  24. Slide 24: Isabella Lithium Project (cont'd)

    Isabella Lithium Project (cont’d) For personal use only Artisanal Mine 1 Spodumene Artisanal Mine 2 Artisanal Mine 3 Refer to ASX Announcement: “Acquisition of Brazil Spodumene Project with up to 5% Li2O” dated 24 July 2024. 24

  25. Slide 25: Isabella Lithium Project (cont'd)

    Isabella Lithium Project (cont’d) For personal use only Strategically Positioned Next to Atlas Lithium’s ‘Das Neves’ Operations o Prime Location: Strategically positioned near some of Lithium Valley’s largest and most advanced hard- rock lithium producers in South America. o Close to Major Operation

  26. Slide 26: Pathway to drilling

    Pathway to drilling For personal use only Isabella Lithium Project Q4 2024 Q1 2025 Q1 2025 Q1 2025 Q1/Q2 2025 FIELDWORK AND ASSAYS & TARGET TARGET REFINING SITEWORKS DRILLING SAMPLING DEFINITION Development of high LIDAR analysis and Drilling program Comprehensive Interpretation of potential drill t

  27. Slide 27: Itinga Lithium & Tin Project

    Itinga Lithium For personal use only & Tin Project 3,032 HECTARES SHOWCASING HIGH-GRADE TIN MINERALISATION. Early exploration has confirmed multiple significant results for critical minerals. Highlight include: • Peak assay results of 7.4% Sn (74,000ppm Sn with 2,859ppm Tantalum) with further strong

  28. Slide 28: PEC Projects: Rare Earths

    For personal use only PEC Projects: Rare Earths 28

  29. Slide 29: Caldeira Rare Earth Complex

    Caldeira Rare For personal use only Earth Complex PERPETUAL’S RARE EARTH TENEMENTS Situated in the world-renowned and prolific Caldeira Alkaline Complex, Perpetual’s tenements are adjacent and proximal to two of the largest ionic clay rare earth deposits globally, including: METEORIC RESOURCES • Met

  30. Slide 30: Raptor Rare Earth Project

    Raptor Rare For personal use only Earth Project Perpetual is assembling a strategic landholding in Brazil’s pre-eminent rare earth exploration region, with a specific aim to position the Company for the next strong commodity price cycle. WHY THE CALDEIRA COMPLEX? • Hosts multiple Tier 1 Rare Earth o

  31. Slide 31: Raptor Project

    Raptor Project For personal use only • Exceptional land access attributes allowed rapid commencement of exploration program. • Early reconnaissance proved highly successful • >4,500 TREO grades at surface • MREO/TREO ratio >20% • Maiden first pass shallow drilling confirmed very high- grade minerali

  32. Slide 32: Raptor Project: Next Steps

    Raptor Project For personal use only NEXT STEPS 1. Initial metallurgical test work program underway. 2. Pathway to JORC Mineral Resource Estimate in 2025 being reviewed. 3. Follow up and deeper drilling program being evaluated. Refer to ASX Announcements: 1. High-grade rare earth discovery from maid

  33. Slide 33: Portfolio Expansion Opportunities

    Portfolio For personal use only EXPANSION OPPORTUNITIES Perpetual now has a strategic beachhead in Brazil’s leading geological domains for Lithium, Rare Earths and Tin. The recent downturn in sentiment and pricing for critical minerals is presenting compelling opportunities for additional “bolt-on”

  34. Slide 34: Conclusion

    Conclusion For personal use only UNIQUE CRITICAL MINERALS EXPERIENCED BOARD AND LEADERSHIP TEAM PROJECT PORTFOLIO • Highly credentialled Board of Directors. • Enviable project portfolio spanning multiple critical minerals. • Significant project execution and operations experience. • Exceptional land

  35. Slide 35: Thank You

    For personal use only THANK YOU Perpetual Resources Ltd perpetualresources.co Suite 2, 68 Hay Street. Julian Babarczy, Executive Chairman Subiaco WA 6008 info@perpetualresources.co

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