Waratah Minerals Limited · ASX:WTM
Waratah Minerals — Battery Minerals — Investor Presentation (February 2023)
15 slides from Waratah Minerals's investor presentation, Feb 13, 2023
Slide 1: Investor Presentation
INVESTOR PRESENTATION GOLD DISCOVERY OPPORTUNITY WITH A GRAPHITE INVESTMENT IN EMERGING PRODUCER 13 February 2023
Slide 2: Overview
OVERVIEW 1. INVESTMENT HIGHLIGHTS 2. TIRUPATI GRAPHITE (TGR.LSE) SALE AGREEMENT CAPITAL STRUCTURE Shares on Issue (ASX Code: BAT) 2,935M Board and Management >5% fully diluted 3. DRILL READY DISCOVERY OPPORTUNITIES, Share price (as at 10 Feb 2023) 0.4cps STAVELY-STAWELL PROJECT (Cu-Au) Market Capita
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS GRAPHITE INVESTMENT IN EMERGING MAJOR PRODUCER $11.25m in cash and shares in Tirupati Graphite (TGR.LSE) (ASX BAT 5 December 2022) INVESTMENT Close to completion, $500k partial payment received (ASX BAT 31 January 2023) GRAPHITE Provides exposure to graphite market, techn
Slide 4: Company Investments - Tirupati Graphite
Tirupati Graphite Operations1 FY21 Results USD Average Flake Production Cost $380/t Average Flake Price achieved $841/t COMPANY INVESTMENTS - Average operating margin $461/t TIRUPATI GRAPHITE1 Flake Production 57% operating margins achieved during startup1 BAT MAJOR SHAREHOLDER Sahamamy Flake 18,000
Slide 5: Stavely-Stawell Project
STAWELL GOLD CORRIDOR STAVELY-STAWELL PROJECT EL 6871 Stawell Mine TWO DISCOVERY FAIRWAYS STAVELY- DRYDEN 5Moz Production BELT Coxs Find STAWELL GOLD CORRIDOR – Au Irvine Gold Prospect >5MOz Stawell Gold Mine* Moyston Historical Mine Mt Ararat ( VHMS ) Morning Bill ( VHMS ) Langi Logan Gold Prospect
Slide 6: Stavely-Stawell Project: Four Priority Gold Prospects
BAT EL6871 STAVELY-STAWELL PROJECT FOUR PRIORITY GOLD PROSPECTS – 10km FROM STAWELL GOLD MINE1 1. COXS FIND - Au - historical workings, rock chips inc. 430 g/t Au, SEM/ICPMS indicating association with sulphides = bedrock potential (ASX BAT 2 May 2022) 2. FRANKFURT – Au - 8m @ 0.79g/t Au from 27m to
Slide 7: Fertile Gold Systems Identified
Sporadic hist. gold assaying 1m @ 3g/t Au from 6m (AC93AA114) Rockchips 16 g/t Au STAVELY-STAWELL PROJECT FERTILE GOLD SYSTEMS IDENTIFIED – WHITE BILLYGOAT COSMOPOLITAN RABBIT DISTRICT 8m @ 0.79g/t Au from 27m to EOH 1m @ 0.99g/t Au at EOH (22AC134) inc. 1m @ 4.94g/t Au >22koz Au production, from 27
Slide 8: Journey to Discovery (Coxs Find)
SEM Image STAVELY-STAWELL PROJECT JOURNEY TO DISCOVERY (COXS FIND) cm 1) RECOGNISING HIGH VALUE MINERALISATION 2) APPLY APPROPRIATE TARGET DEFINITION TECHNIQUE 1 um 3) DRILL PRIORITY TARGETS SEM Image LA Pyrite Image LA Pyrite Image • Pyrite petrography-microscopy SEM/ICPMS indicate association with
Slide 9: Journey to Discovery (Coxs Find) - IP Geophysics
STAVELY-STAWELL PROJECT JOURNEY TO DISCOVERY (COXS FIND) 1) RECOGNISING HIGH VALUE MINERALISATION 2) APPLY APPROPRIATE TARGET DEFINITION TECHNIQUE 3) DRILL PRIORITY TARGETS • ~10km from >5MOz Stawell Gold Mine • Historical workings, rock chips inc. 430 g/t Au, 174.5g/t Au (ASX BAT 2 May 2022) • Deta
Slide 10: Journey to Discovery (Coxs Find) - Drill Ready Target
STAVELY-STAWELL PROJECT JOURNEY TO DISCOVERY (COXS FIND) 1) RECOGNISING HIGH VALUE MINERALISATION 2) APPLY APPROPRIATE TARGET DEFINITION TECHNIQUE 3) DRILL PRIORITY TARGETS • ~10km from >5MOz Stawell Gold Mine • Historical workings, rock chips inc. 430 g/t Au, 174.5g/t Au (ASX BAT 2 May 2022) • Petr
Slide 11: Russells Project
Argyle Diamond RUSSELLS PROJECT COPPER – NICKEL – COBALT - PGEs • Underexplored, multiple target styles Savannah ( Ni-Cu ) • Michigan Cu-Ag • Magmatic Ni – Cu - PGEs RUSSELLS • Skarn Cu-Au PROJECT • Mesothermal Au - Cu/Pb/Zn/Ag Panton ( PGE ) Copernicus ( PGE ) • Operating Mines • Savannah Ni-Cu-Co
Slide 12: Russells Project: Drilling EM Anomalies and Strong Surface Geochem
RUSSELLS PROJECT DRILLING EM ANOMALIES AND STRONG SURFACE GEOCHEM • Priority Cu-Ni-Co-PGE drill targets identified • EM conductors + strong surface Cu anomalism, up to 29.9% Cu rockchips (ASX BAT 22 June 2021) • Olympio Target: coincident strong conductivity (600m long at 100m depth) and concealed,
Slide 13: High Impact Newsflow
HIGH IMPACT NEWSFLOW ACTIVITY SUMMARY INVESTMENT ACTIVITY MAR QTR JUNE QTR SEPT QTR GRAPHITE Admin transfer to Tirupati MOZAMBIQUE GRAPHITE Finalise Tirupati transaction $11.25M in cash and shares DISCOVERY GOLD-COPPER Target Definition, inc. geophys STAVELY-STAWELL GOLD-COPPER Drilling - AC Drillin
Slide 14: References
REFERENCES ASX BAT 12 January 2022 Stavely-Stawell Exploration Update ASX BAT 23 February 2022 Stavely-Stawell Exploration Update ASX BAT 21 March 2022 VTEM high priority copper-nickel drill targets ASX BAT 25 March 2022 Gabon asset transaction ASX BAT 2 May 2022 Coxs Find High Grade Gold ASX BAT 11
Slide 15: Disclaimer – Important Information
DISCLAIMER – IMPORTANT INFORMATION • The information in this report that relates to Battery Minerals’,Mineral Resources or Ore • The information in this document that relates to Exploration Results, Forward Looking Statements Reserves is a compilation of previously published data for which Competent
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