Critica Limited · ASX:CRI
Critica — Venture Minerals — New World Metals Investment Series 2023
27 slides from Critica's conference presentation, September 2023
Slide 1: Targeting Sustainable Tin and Tungsten Production
Targeting Sustainable Tin and Tungsten Production NEW WORLD METALS INVESTMENT SERIES 2023 PERTH - 5 SEPTEMBER MELBOURNE - 12 SEPTEMBER SYDNEY - 14 SEPTEMBER ASX | VMS www.ventureminerals.com.au
Slide 2: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement FORWARD LOOKING STATEMENT This presentation may contain certain forward-looking statements and projections regarding: estimated, resources and reserves; planned production and operating costs profiles; planned capital requirements; and planned strategies
Slide 3: Highlights
Highlights • Mount Lindsay Underground Feasibility Study to include additional, potential large-scale quantities of tin and boron within the current resource base, and extensively throughout the greater Mount Lindsay skarn system. The tin-borates have not previously been assessed in any mining studi
Slide 4: Corporate Snapshot
Corporate Snapshot Market Snapshot ASX:VMS/VMSO Share Price and Volume Share Price (A$) Volume (Millions) 0.05 50 Shares on issue 1,950m 45 Share price 1.2c 0.04 40 35 Unlisted options1 39.9m 0.03 30 Listed Options @ $0.036 60.2m 25 0.02 20 Market capitalization A$23.4m 15 Cash balance (30 June 2023
Slide 5: Directors and Key Management
Directors and Key Management A dedicated management team with a wealth of experience and credited with a number of discoveries both in Australia and internationally Mel Ashton Andrew Radonjic Dr Stuart Owen Non-Executive Chairman Managing Director Exploration Manager Chairman of Venture Minerals
Slide 6: Project Locations
Project Locations www.ventureminerals.com.au 6
Slide 7: Location of Mount Lindsay Tin-Tungsten Deposit
Location of Mount Lindsay Tin-Tungsten Deposit www.ventureminerals.com.au 7
Slide 8: Mount Lindsay: Historic Tin Mining
Mount Lindsay: Historic Tin Mining
Slide 9: Historic Stanley Reward Alluvial Tin Workings
Historic Stanley Reward Alluvial Tin Workings
Slide 10: Tin for the future
Tin for the future Tin is an important part of the Fourth Industrial Revolution through solder which is the glue that connects everything that is electronic; Tin is technically diverse and hence is also an important part of the Green Industrial Revolution as this is led by technology as the worl
Slide 11: Today's and Tomorrow's Applications for Tin
Today’s and Tomorrow’s Applications for Tin Solder market technology drivers: Electronics miniaturisation impact fading, Lead-free conversion has resumed. 5G to lead the new electronics era: Currently ~400g of Tin per car 5G to be the platform for connected future, Two phases of infrastr
Slide 12: Could a lack of ESG compliant tin supply affect the pace of energy transition?
“Could a lack of ESG compliant tin supply affect the pace of energy transition?” – Wood MacKenzie There is no shortage of tin supply potential, but ESG risk is a factor; Venture, as an Australian tin producer, can capitalise on global demand for ESG compliant tin. Global Tin Reserves (kt) 2500 2
Slide 13: Tungsten Ore at Mt Lindsay: A Critical Mineral
Tungsten Ore at Mt Lindsay: A Critical Mineral Tungsten is ranked by the British Geological Surveys, US Department of Defence, the European Commission, Japan, Russia and Australia as a 'critical' mineral: • Due to its economic importance, • Supply risk – dominance of China in the market, • Inability
Slide 14: EV Metal and Critical Minerals Demand – time to re-assess Mount Lindsay
EV Metal and Critical Minerals Demand – time to re-assess Mount Lindsay EV Metal and Critical Minerals demand drives re-assessment of the high grade tin and tungsten resource base at Mount Lindsay; Uniquely positioned with Mount Lindsay being one of the largest undeveloped tin projects in the wo
Slide 15: Large-Scale quantities of Tin and Boron identified at Mount Lindsay
Large-Scale quantities of Tin and Boron identified at Mount Lindsay Current study to include additional, potential large-scale quantities of tin and boron within the current resource base, and extensively throughout the greater Mount Lindsay skarn system. The tin-borates have not previously been a
Slide 16: Mount Lindsay Highlights
Mount Lindsay Highlights More than 100,000m of diamond core drilling has been completed on the project by predominately Venture, most of which has been used to define JORC compliant resources with ~70% in the Measured & Indicated categories; Open Pit Feasibility Study completed with comprehensiv
Slide 17: High Grade Tin-Tungsten Targets and Tin-Boron Skarns
High Grade Tin-Tungsten Targets and Tin-Boron Skarns *See Metals X Announcement “2022 Renison Mineral Resource Update”, 14 June 2022 . www.ventureminerals.com.au 17
Slide 18: New Tin Drilling Discovers Large Mineralised Skarn along strike from Renison Bell
New Tin Drilling Discovers Large Mineralised Skarn along strike from Renison Bell Tin Mine www.ventureminerals.com.au 18
Slide 19: REE mineralisation discovered immediately adjacent to Tin Zones at Mount Lindsay
REE mineralisation discovered immediately adjacent to Tin Zones at Mount Lindsay
Slide 20: Very High Grade Magnet REE identified at surface near Reward REE Drill Intersections
Very High Grade Magnet REE identified at surface near Reward REE Drill Intersections Highly anomalous zone is further supported by some of the six historic terrace gravel samples with peak assays of the key REE being 4,337 ppm (0.43%) Praseodymium Oxide (Pr6O11), 4,774 ppm (0.48%) Neodymium Oxide (N
Slide 21: REE strategy expanded with new priority targets in WA
REE strategy expanded with new priority targets in WA • Acquired and identified new priority Rare Earth targets to increase exposure in the Rare Earth Element space, with a particular focus on the clay hosted REE mineralisation type. • Brothers 511 km2 tenement package adjacent to the Vulcan Prospec
Slide 22: JV into neighbouring REE project hosting drill intersections up to 49 metres @ 1,313 ppm TREO
JV into neighbouring REE project hosting drill intersections up to 49 metres @ 1,313 ppm TREO • Signed a JV agreement to earn into the Iron Duke REE Project, which hosts two shallow historic drillholes, both of which have broad, high grade intersections of Total Rare Earth Oxides (“TREO”). • Located
Slide 23: Maiden Drilling program confirms High Grade clay hosted REE discovery at the Brothers Project
Venture’s Maiden Drilling program confirms High Grade clay hosted REE discovery at the Brothers Project • Venture’s Maiden Drilling program has confirmed High Grade clay hosted REE mineralisation has been discovered at the Greater Brothers Project (Brothers including Iron Duke) with several intersec
Slide 24: SensOre and Venture Reach Farm-in Agreement on Golden Grove North Project
SensOre and Venture Reach Farm-in Agreement on Golden Grove North Project SensOre to earn up to 70% in all mineral rights with the exclusion of Rare Earths by spending up to $4.5m in two stages; SensOre to spend $1.5m to earn 51% and an additional $3m for a further 19% interest whilst granting V
Slide 25: Very High Grade REE discovered at the Vulcan prospect within Golden Grove North
Very High Grade REE discovered at the Vulcan prospect within Golden Grove North Under the terms of the Agreement, as part of the initial RC/Diamond Core drilling program, SensOre has agreed to drill the High Grade Vulcan Rare Earth target which Venture retains the mineral rights; The Vulcan Rare
Slide 26: Key Investment Highlights
Key Investment Highlights The advanced Mount Lindsay Tin-Tungsten Project is well positioned to take advantage of the strong EV and critical mineral markets; Venture Minerals is targeting sustainable Tin and Tungsten Production from Mount Lindsay to capitalize on the global demand for decarbonisatio
Slide 27: Thank You
Targeting Sustainable Tin and Tungsten Production THANK YOU ASX | VMS www.ventureminerals.com.au
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