Chilwa Minerals Ltd · ASX:CHW
Chilwa Minerals — Mineral Sands Conference (March 2024)
17 slides from Chilwa Minerals's conference presentation, Mar 19, 2024
Slide 1: Growing a Major Mineral Sands Project in Malawi
For personal use only GROWING A MAJOR MINERAL SANDS PROJECT IN MALAWI ASX: CHW MARCH 2024 ASX:CHW chilwaminerals.com.au
Slide 2: Disclaimer
DISCLAIMER These presentation materials and any accompanying verbal presentation (together, the Presentation Materials) have been prepared by that it contains all information about the Company that a prospective investor or purchaser may require in evaluating a possible For personal use only Chilwa
Slide 3: Corporate Snapshot and Board of Directors
CORPORATE SNAPSHOT Board of Directors Alexander Shaw CHW 67.2M 21.3M Non-executive Chairman For personal use only Ticker Code Shares On Issue Shares Escrowed* Alexander is an accomplished geologist with +15 years of global experience in exploration and production. He has spent most of his career exp
Slide 4: Strategic Location
STRATEGIC LOCATION For personal use only ˃ Malawi is a landlocked country in Southeastern Africa with a population of ~19.4M ˃ The country is a democratic, multi-party republic whose economy is largely reliant upon agriculture ˃ Malawi is an underexplored country and an emerging mining destination w
Slide 5: Existing Inferred Mineral Resources
EXISTING INFERRED MINERAL RESOURCES Drilling underway at this deposit. For personal use only Mposa Mposa (Main) has an existing Inferred MRE of 19.4Mt at 4.3% THM for 0.83Mt THM (1% cut-off)¹ Bimbi Consists of Bimbi & Northeast Bimbi Halala Includes prospects Halala, Nkotamo, Beacon & Namanja West C
Slide 6: Mposa Drilling Near Completion
MPOSA DRILLING NEAR COMPLETION ˃ Sonic drilling near completion, with first For personal use only samples dispatched, totalling 50 holes for approx. 700 samples ˃ +90% recoveries compared to previous aircore drilling (<70%) MPO-SD-001 (End of Hole 2023, 30.5m) Twinned with CWCMPA-20001-50 ˃ Higher r
Slide 7: Mposa Cross Section
MPOSA Typical cross section - Mposa CROSS SECTION Loose, coarse sand For personal use only ~10-12m Loose, silty sand ˃ Previously logged Medium sandy silt mineral sands ~6.2m Medium silty clay ˃ Current program 12m+ Dense clay ˃ 30-40m of clay below, anomalous for rare earths ~30-40m Bedrock ASX:CHW
Slide 8: Development Opportunity
DEVELOPMENT OPPORTUNITY ˃ Four key prospects: For personal use only ˃ Mposa ˃ Bimbi ˃ Mpyupyu ˃ Namasalima ˃ Drill to upgrade MRE to Measured & Indicated categories ˃ Metallurgical testwork ˃ Update Scoping Study and potentially commence focused PFS ASX:CHW chilwaminerals.com.au 8
Slide 9: Mota Engil Group
MOTA ENGIL GROUP For personal use only OFFICES Service Agreement executed that DRILL RIG CREW covers drill rigs, offices, camp, vehicles, shed and personnel ‘at cost’ VEHICLES This scalable and flexible agreement provides significant strategic benefits to Chilwa in Malawi SONIC DRILL RIG SAMPLE STOR
Slide 10: Proposed Liwonde Dry Port
PROPOSED LIWONDE DRY PORT For personal use only Bulk commodity storage example ASX:CHW chilwaminerals.com.au 10
Slide 11: Focused on ESG
FOCUSED ON ESG For personal use only COMMUNITY LOCAL ENVIRONMENTAL LOCAL FOCUSED EMPLOYMENT BEST PRACTICE PROCUREMENT Mota Engil, Chilwa’s major Wherever possible, Chilwa The use of diamond and Wherever possible, Chilwa shareholder, has been active aims to employ local sonic drilling have a less aim
Slide 12: Committed to Local Employment
COMMITTED TO LOCAL Forecasted local personnel we are currently recruiting for or already have on staff EMPLOYMENT SITE For personal use only Vanessa Matthews Recruiting Recruiting Geologist Geologist Geologist Geologist Evelyn Recruiting Recruiting Nickson Rodrick Recruiting Recruiting Recruiting Re
Slide 13: Highly Prospective Region
HIGHLY PROSPECTIVE REGION For personal use only Chilwa Mineral Sands (Chilwa, ASX:CHW) Existing Inferred Resources of 61.6Mt at 3.9Mt THM1 Kangankunde REE (Lindian, ASX:LIN) Inferred Resource 261Mt at 2.19% TREO for 5.7Mt TREO2 Liwonde Songwe Hill REE (Mkango, LSE:MKA) Total M&I Resources 21.03Mt at
Slide 14: Planned Activities – Next Months
PLANNED ACTIVITIES – NEXT 12 MONTHS For personal use only 2024 2025 MAR APR MAY JUNE JULY AUG SEPT OCT NOV DEC JAN FEB ESG Over Central Area Sonic Drilling and Assays – Mineral Sands Focus Mineral Resource Upgrade (currently Inferred) Commence Diamond Drilling Commence Mine Development Agreement Dia
Slide 15: Key Takeaways
KEY TAKEAWAYS For personal use only Inferred Mineral Well In country Drilling Underway Quality Infrastructure Emerging Jurisdiction Resource Capitalised Experience JORC 2012 Inferred Maiden sonic drill Access to rail and port Stable regime with A$5.5 million Major shareholder (Mota Mineral defined w
Slide 16: Appendix A – Mineral Resource Estimate
APPENDIX A – MINERAL RESOURCE ESTIMATE A Mineral Resource Estimate for the Chilwa mineral sands project has been classified and reported in accordance with the JORC Code (2012). The Mineral Resource Estimate has been classified as Inferred, at a 1.0 % THM cut-off is estimated to contain 2.4 Mt of TH
Slide 17: Contact Us
For personal use only CONTACT US Cadell Buss Andrew Rowell ASX:CHW chilwaminerals.com.au 17
Chilwa Minerals — Mineral Sands Conference (March 2024) on 6ix