Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — RIU Explorers Conference 2023
20 slides from Zenith Minerals's conference presentation, Feb 14, 2023
Slide 1: Australian-based Mining Exploration Company
For personal use only Australian-based Mining Exploration Company Leveraged to the developing clean energy world Zenith Minerals Limited (ASX:ZNC) Investor Presentation February 2023
Slide 2: Forward looking statements, Disclaimer & JORC Statements
Forward looking statements Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties that could cause actual results to differ from estimated results. Forward-looking statements include estimates of future production
Slide 3: Investment Highlights
Investment Highlights Focus on building lithium endowment - substantial lithium drilling campaigns funded by JV partner until BFS For personal use only Extensive and growing lithium portfolio - increasing chances of exploration success Strong balance sheet - cash & equities Monetise gold and base me
Slide 4: Corporate Snapshot
Share Price Shares on Issue For personal use only Corporate $0.23 351.7m Snapshot Market Cap Cash1 $82m $5.0m Listed Equities1 Enterprise Value $6.8m $70m ASX:ZNC 1 As at 31 December 2022 Zenith Minerals Limited Investor Presentation – February 2023 4
Slide 5: Corporate Snapshot: Share Price Performance
ASX:ZNC Share Price Performance For personal use only $0.50 Corporate $0.40 $0.30 Snapshot $0.20 $0.10 $0.00 January 2022 April 2022 July 2022 October 2022 January 2023 Major Shareholders Directors 3.4% 9.4% HSBC Custody Nom. V Top 20 BNP Paribas Noms 7.9% Hold 53% ASX:ZNC Citicorp Noms 7.7% Granich
Slide 6: Focused on two areas
Focused on two areas For personal use only Darwin Develin Creek Project Cairns Red Mountain Project Earaheedy Joint Venture Waratah Well Project Brisbane Split Rocks Project Split Rocks Project Perth Sydney Adelaide Lithium Projects Hayes Hill Project Melbourne Gold & Base Metal Projects Zenith Mine
Slide 7: Lithium Projects
Lithium Projects For personal use only Zenith owns 2 of the 10 best exploration prospects in WA (Split Rocks & Waratah Well) Exploration Project details – refer slide 19 for references Zenith Minerals Limited Investor Presentation – February 2023 7
Slide 8: Split Rocks – Lithium Rio Prospect
Split Rocks – Lithium Rio Prospect 2022 Program - 100 holes for 22,369m Assays awaited for approximately 21 holes For personal use only * For full results and intersections refer ASX announcement 20-Sep-22 and 14-Feb-23 Zenith Minerals Limited Investor Presentation – February 2023 8
Slide 9: Split Rocks – Regional - Strong Blue-Sky Potential
Split Rocks – Regional - Strong Blue-Sky Potential For personal use only New Lithium Target – “Cielo” Large Geochem anomaly 9km in length by 2km wide Drill testing early 2023 ZNC ASX Release 9-Feb-2023 Zenith Minerals Limited Investor Presentation – February 2023 9
Slide 10: Waratah Well - High Grade Lithium Drill Results
Waratah Well - High Grade Lithium Drill Results High-grade lithium open to north, south and east under shallow soil cover For personal use only Follow-up drilling planned - early 2023 * For full results drill refer ASX Release 24-Jan-23 Zenith Minerals Limited Investor Presentation – February 2023 1
Slide 11: Hayes Hill
Hayes Hill New Lithium – Nickel Project For personal use only Option to acquire 100% of the project* 2 ELs and 3 ELA’s SE of the Dome North Li deposits (ESS), immediately east of the Sinclair Cs deposit (ESS), NW of the Buldania Li deposits (LTR) Target 2 high-tenor Ni-Cu-Pt-Pd surface geochemical a
Slide 12: Gold and Base Metal Assets
Gold and Base Metal Assets For personal use only Advance, develop or monetise Split Rocks Gold: Adjacent to the lithium site in Western Australia – 100% interest Develin Creek Copper / Zinc: Northern Queensland – 100% interest Red Mountain Gold: Queensland – 100% interest Earaheedy Zinc / Lead: West
Slide 13: Split Rocks (Dulcie Far North) – Gold Exploration
Split Rocks (Dulcie Far North) – Gold Exploration Fast Track Dulcie Far North Resource Definition Drilling For personal use only High grade gold mineralisation intersected, including: • 12m @ 6.07 g/t Au (1) • 5m @ 10.6 g/t Au • 12m @ 2.86 g/t Au and • 3m @ 10.7 g/t Au Mineralisation targeted over 4
Slide 14: Red Mountain Gold-Silver; Intrusion Related Breccia Pipe
Red Mountain Gold-Silver; Intrusion Related Breccia Pipe For personal use only Located 400km NW of Brisbane in central Queensland Nestled between Cracow (Aeris Resources) and Mt Rawdon (Evolution Mining) Zenith’s drilling has returned compelling high-grade gold and silver intersections including: •
Slide 15: Develin Creek - Copper – Zinc; Emerging VHMS Field
Develin Creek - Copper – Zinc; Emerging VHMS Field NW cross section through Sulphide City Resource For personal use only Located 80km NW of Rockhampton, QLD within the Rookwood Volcanics Sulphide City JORC (2012) Inferred Mineral Resource of: • 4.9Mt @ 1.2% Cu, 1.4% Zn, 0.2 g/t Au & 7 g/t Ag (1) New
Slide 16: Earaheedy – Zinc/Lead/Silver
Earaheedy – Zinc/Lead/Silver (25% free carry to Competion of BFS) Zenith Minerals Ltd (ASX: ZNC) holds a 25% free carried interest For personal use only in the Earaheedy Joint Venture (EJV) – an emerging Tier-1 base metal province Maiden EJV Zn-Pb-Ag resource scheduled for the first half 2023 High-g
Slide 17: Board and Management
Board and Management David Ledger Executive Chairman Michael Clifford Chief Executive Officer Kevin Seymour General Manager Discovery For personal use only • Over 35 years in investment banking, with experience • Geologist (BSc (Hons) MSc) – 30+ years’ exploration. • Highly experienced and credentia
Slide 18: Lithium Joint Venture
Lithium Joint Venture Strategic Investment For personal use only Shifted focus to exploration of lithium tenements having entered into a joint venture agreement with EV Metals Group, an international organisation committed to becoming a global leader in battery chemicals and technology. On signing o
Slide 19: References
References Western Australian Lithium Exploration Projects with drill intersections >10m @ 1%Li2O For personal use only Name Reference Owner Bounty ASX: KDR 19 December 2017 Westfarmers & SQM JV - Covalent Lithium South Ironcap ASX: WSA 22 April 2016 IGO - Western Areas Giant ASX: MZN 20 December 20
Slide 20: Australian-based Minerals Explorer for the Products of Tomorrow
For personal use only AUSTRALIAN-BASED MINERALS EXPLORER FOR THE PRODUCTS OF TOMORROW Zenith Minerals Limited (ASX:ZNC) Investor Presentation February 2023 David Ledger Executive Chairman david@zenithminerals.com.au +61 413 621 964 www.zenithminerals.com.au