Wa1 Resources Ltd · ASX:WA1
Wa1 Resources — Investor Presentation (February 2022)
20 slides from Wa1 Resources's investor presentation, Feb 17, 2022
Slide 1: Exploring New Copper-Gold Frontiers
EXPLORING NEW COPPER-GOLD FRONTIERS for a clean energy future
Slide 2: Important Notices and Disclaimers
Important Notices and Disclaimers Nature of Document: This presentation has been prepared and issued by Not financial product advice: Neither the Company nor any of its related WA1 Resources Ltd (WA1, the Company) to provide general information about bodies corporate is licensed to provide financial
Slide 3: Investment Snapshot
Hidden Valley Investment Snapshot Untested anomalies on potential fault feeders 3 ▪ ASX: WA1 – commenced trading on ASX on 8 February West Arunta Project 1 Drill-ready anomalies ▪ Focus – essential metals for a clean energy future targeting IOCG mineralisation ▪ West Arunta Project – targeting a Tie
Slide 4: Corporate Overview
Corporate Overview Board of Directors Capital Structure (8 February 2022) Gary Lethridge Non-Executive Chairperson ASX Ticker WA1 ▪ Significant corporate experience ▪ Ex-Jubilee ($3.1b takeover by Xstrata) Ordinary Shares on Issue 44.8M ▪ Previously at Echo ($300m takeover by NST), Unlisted Director
Slide 5: Why Copper?
Why Copper? ▪ Copper has one of the best long- term fundamentals among commodity markets EXPLORING FOR A CLEAN ENERGY FUTURE ▪ Renewable energy infrastructure will be the single largest driver of demand growth for copper ▪ Changes in long-run commodity prices are rare events and only take place when
Slide 6: West Arunta Project
West Arunta Project Western Australia | 100%-owned, no private royalties ▪ The West Arunta region has potential to be the next exploration frontier in Australia to deliver a major IOCG province such as the Gawler Craton and Cloncurry mineral districts ▪ WA1 is at the forefront of the major explorati
Slide 7: The West Arunta Province
The West Arunta Province ▪ IOCG deposits are associated with West Arunta Regional Tenure Map with Magnetics accumulations of hematite (dense) and magnetite (dense and magnetic), therefore large coincident gravity- magnetic anomalies can indicate the presence of IOCG deposits ▪ Three large, structura
Slide 8: The Next IOCG Belt
The Next IOCG Belt ▪ The West Arunta Orogen contains Copper Deposits of Australia1 known IOCG-style mineralisation and anomalism, has intrusives typically associated with IOCG deposits and contains major structural features and a complex deformation history – elements similar to other known IOCG pro
Slide 9: Highly Prospective Geology
Highly Prospective Geology Simplified Geology & Tenure Map of the West Arunta ▪ Majority of Australia’s copper mineral wealth comes from deposits of the Proterozoic Eon1: 2,500 Ma to 542 Ma. ▪ ~70% of copper reserves ▪ ~85% of zinc reserves ▪ ~30-40% of gold reserves ▪ ~90% of uranium and lead reser
Slide 10: Historic Exploration – Aileron
Historic Exploration – Aileron Historic Drill Hole – Aileron ▪ Only two historic holes drilled in the area – one into Aileron and one into Urmia ▪ Encounter drilled a 158m diamond hole in 2020 into Aileron, intersecting hydrothermally-altered mafic intrusions with distinctive IOCG signature (Cu, Au,
Slide 11: Pachpadra Prospect
Pachpadra Prospect Magnetics with Key Targets ▪ Pachpadra is a 12km long, NE elongated, complex magnetic anomaly located within the Lake Mackay Quartzite (250K mapping) in an interpreted fold nose position ▪ Geophysical response suggests large concentrations of Fe-oxides near to surface and sub-to-o
Slide 12: Sambhar Prospect
Sambhar Prospect Sambhar – Magnetic and Gravity Responses Magnetic TMIRTP Image Residual Gravity Image over regional Bouguer Gravity Image ▪ Located south of the Carrington 423 ppm Cu2 Suite Granite between two major shear zones ▪ 10km long, NNW trending 42 ppm Cu2 magnetic anomaly with a strong amp
Slide 13: Urmia Prospect
Urmia Prospect Urmia – Magnetic and Gravity Responses Urmia Prospect ▪ Urmia has been mapped by GSWA as with WA1 Tenure, TMI RTP within the Lake Mackay Quartzite, adjacent Magnetics, and to a major shear zone and contact with 5 ppm Cu1 Historic Drillhole and Historic Rock the Dwarf Well Granite Rock
Slide 14: Capabilities and Infrastructure
Capabilities and Infrastructure Social License to Operate ▪ Track record of successfully operating in the ▪ Local communities are highly supportive of exploration activities in the region West Arunta region ▪ WA1 team has long-standing relationships with ▪ Regional exploration activity offers an imp
Slide 15: Madura and Hidden Valley Projects
Madura and Hidden Valley Projects Western Australia | 100%-owned, no private royalties ▪ The Madura Project has potential for gold-copper mineralisation of an IOCG affinity with almost no historic exploration activity ▪ The Hidden Valley Project is considered prospective for PGE- Copper-Nickel miner
Slide 16: Other Exploration Projects – IOCG Potential
Madura Project Regional Geological Setting ▪ The Mundrabilla Crustal Element (MCE) is bound to the east and west by the Mundrabilla Lineament and the Albany- Fraser Orogen, respectively Other Exploration Projects – IOCG Potential ▪ Tenements sit proximate to a major NE trending structure and interpr
Slide 17: Other Exploration Projects – PGE-Cu-Ni Potential
Hidden Valley Project Hidden Valley Regional Tenure ▪ The Hidden Valley Project covers an eastern splay of the Other Exploration Projects – PGE-Cu-Ni Potential Halls Creek Orogen, along strike from IGO’s Osmond Project ▪ The Project contains 36km of the Osmond Valley Fault and is prospective for Ni-
Slide 18: First Months of Exploration
First 12 Months of Exploration Indicative Timeline of Proposed Activities1 2022 Activity Q1 Q2 Q3 Q4 Pachpadra: Mapping, Surface West Arunta Sampling Sambhar: Mapping , Surface Sampling Heritage Surveys & Rig Access Works First-pass Drilling EXPLORATION ACTIVITIES Heritage Access Agreement Madura Ge
Slide 19: To discover a Tier 1 deposit in WA's unexplored regions
To discover a Tier 1 deposit in WA’s unexplored regions and create value for all stakeholders 01 Tier 1 targets 02 Premier jurisdiction 03 Proven leadership 04 Social licence to operate 05 Future facing commodities First-mover into WA’s WA is a highly attractive Successful track record Long-standing
Slide 20: WA1 Resources Ltd
WA1 Resources Ltd 2C Loch Street, Nedlands Western Australia 6009 Investors Media Paul Savich Michael Vaughan / Andrew Edge Managing Director Fivemark Partners E: psavich@wa1.com.au E: michael.vaughan@fivemark.com.au T: +61 8 6478 7866 T: +61 422 602 720 / +61 410 276 744
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