Narryer Metals Limited · ASX:NYM
Narryer Metals — Investor Presentation (May 2023)
19 slides from Narryer Metals's investor presentation, May 8, 2023
Slide 1: An Aggressive REE Campaign for 2023
An Aggressive REE Campaign for 2023 I n v e s t o r Pr e s e n t a t i o n – 8 th M a y 2 0 2 3 ASX:NYM
Slide 2: Important Notice & Disclaimer
2 Important Notice & Disclaimer This presentation has been prepared by Narryer Metals Limited (Narryer or the Company) and contains background information about Narryer current as at the date of this presentation. The presentation is in summary form and does not purport to be all inclusive or comple
Slide 3: Why Narryer?
3 Why Narryer? ‣ Since ASX listing April 2022, Narryer Metals (NYM) has built a portfolio of critical mineral targets in Australia ‣ Narryer see divergence in the REE market (China v West) and believes Australia will be a major source in the future ‣ In 2023, Narryer plans to hit REE exploration wit
Slide 4: Rocky Gully REE and Sc Project, WA
Rocky Gully REE and Sc Project,WA 4
Slide 5: Snapshot of Rocky Gully REE Project
5 Snapshot of Rocky Gully REE Project ‣ NYM is exploring the Albany-Fraser Belt for critical minerals at the Rocky Gully Project (WA) ‣ Study1 identifies REE (up to 0.5% TREO) associated with potential high-value carbonatite system at Ivar Prospect ‣ Carbonatites are high value and major worldwide s
Slide 6: New Rocky Gully Gravity Survey identifies target 1 - Next WA1 Resources??
6 New Rocky Gully Gravity Survey identifies target1 - Next WA1 Resources?? EM anomaly outline Outline of Magnetic Low Gravity High - WA1 Resources - West Arunta drill target carbonatite discovery. Gravity high, 3D model cross section and discovery drill hole2 Rocky Gully gravity survey 1VD image, ma
Slide 7: Rocky Gully Drilling Programs
7 Rocky Gully Drilling Programs A A’ Phase 1 – Gravity and ground mag completed. Proposed 24 RAB Phase 2 – Diamond and RC drilling to test proposed carbonatite drill program to define magnetic low and pursue REE and Sc to model at depth, with EIS funding. Also drilling of newly the SE of the previou
Slide 8: Scandium at Rocky Gully
8 Scandium at Rocky Gully ‣ Scandium is a emerging high value metal used as an alloy with aluminium and high tech applications ‣ Limited Scandium assay at Rocky Gully show potential for high grade deposit ‣ 5yr average for Sc oxide price - $3320 per / Kg1 ( over 20 times the current price of NdPr) ‣
Slide 9: Ionic Clay REE Targeting, Australia
Ionic Clay REE Targeting, Australia 9
Slide 10: Advantages of ionic adsorption clay hosted REE
10 Advantages of ionic adsorption clay hosted REE ‣ Commercial Advantages of Ionic adsorption clay REE over hardrock REE deposits – 1. Mining at lower cost (e.g. shallow, lower stripping, softer ground) 2. Processing simpler- easier to achieve a shippable REE concentrate 3. Quicker development time
Slide 11: What is an effective REE exploration and development strategy???
What is an effective REE 11 exploration and development strategy??? Identify prospective REE Target high Testwork for Extent of source and clay value REE ionic REE clay mineralisation host Early stage metallurgy. High cost drill out for Weak acid (~ pH 4) leach resource only if high Target areas enr
Slide 12: Narryer's ground position for clay REE
12 Narryer’s ground position for clay REE ‣ The original source of REE varies, but often related to the weathering of altered granites and felsic volcanics, alkaline and carbonatite intrusives ‣ Narryer has identified ground with anomalous REE source rocks and REE identified in clays ‣ Narryer targe
Slide 13: Corackerup REE, WA
13 Corackerup REE, WA ‣ Corackerup Project located Great Southern Region WA, where clay hosted REE exploration is currently active (e.g. ASX: OD6, MEK, HRE) ‣ Adjoining FMG critical minerals tenure ‣ Project shows enriched REE in granite and gneisses of SW Yilgarn Terrane ‣ Historic drilling1 shows
Slide 14: Narryer REE, WA
14 Narryer REE, WA ‣ Narryer Project located in Gascoyne – Murchison regions of WA, covering >2000km2 of tenure ‣ Prospective for REE and Ni-Cu-PGE ‣ Suites of gneisses and alkaline intrusive rocks in the Narryer terrane are identified as suitable source of REE for potential ionic clay hosted ‣ Dese
Slide 15: Ceduna REE, SA
15 Ceduna REE, SA ‣ Ceduna Project targeting magmatic hosted Ni-Cu-PGE and Ionic Clay REE mineralisation in Gawler Craton, South Australia 1 ‣ Recent work by NYM2 identified REE and Scandium in regolith clays from historic drilling at Ceduna, with over 50 drillholes with TREO grades between 500 to 2
Slide 16: Sturt REE, SA
16 Sturt REE, SA ‣ Sturt tenement (324 km2) in the Central Gawler Craton ‣ Geology - Muckanippie Anorthosite complex, anomalous with REE (and Ti, V, Fe, Ni) ‣ Similar nearby intrusive complex at Petratherm’s (ASX:PTR) Comet Clay hosted REE discovery 1 – same potential hardrock source for REE on NYM
Slide 17: Experienced Team
17 Experienced Team Philip Warren Non-Executive Director Richard Bevan • Chartered accountant and Managing Director of corporate advisory firm Grange Consulting Group Non-Executive Chairman • 15+ years of corporate advisory experience specialising in financing, capital • Extensive senior management
Slide 18: 2023 Catalysts to Drive Shareholder Value
18 2023 Catalysts to Drive Shareholder Value Rocky Gully , WA Ceduna, SA Narryer, WA Sturt, SA Corrackerup, WA Project Development Discovery $ Gravity and Aircore at Aircore for REE Aircore drilling Mapping and Assessment of ground mag Cooper Hill PGE, at Mt Nairn and at Claypan Dam Auger drilling n
Slide 19: Contact Details
Contact Details Dr Gavin England Investor Relations Managing Director Evy Litopoulos ResolveIR gavin@narryer.com.au evy@resolveir.com +61 8 9322 7600 For more info: ASX:NYM www.narryer.com.au 19