Everest Metals Corporation Limited · ASX:EMC
Everest Metals — Investor Presentation (November 2024)
24 slides from Everest Metals's investor presentation, Nov 28, 2024
Slide 1: Fast Tracking Development of Western Australian Gold & Critical Mineral Projects
For personal use only FAST TRACKING DEVELOPMENT OF WESTERN AUSTRALIAN GOLD & CRITICAL MINERAL PROJECTS INVESTOR PRESENTATION I NOVEMBER 2024 ASX: EMC EVERESTMETALS.AU
Slide 2: Corporate Disclaimer
Corporate Disclaimer This presentation has been prepared by Everest Metals Corporation Limited (Everest Metals Corporation). This document contains background information about Everest Metals Corporation’s current situation at the date of this presentation. The presentation is in summary form and do
Slide 3: Project Overview
Project Overview WESTERN WESTERNAUSTRALIAN AUSTRALIANGOLD GOLD&PROJECTS SILVER PROJECTS For personal use only REVERE GOLD & BASE METAL PROJECT MT DIMER TAIPAN GOLD & SILVER PROJECT » High grade gold up to 85.1g/t Au (15) » Inferred JORC Compliant Resource of: » Mineralised zone at least 90m width an
Slide 4: Near Term Catalysts
Near Term Catalysts For personal use only REVERE – Gekko gold plant commissioning December 2024 REVERE – 5,500 regional air core drilling resource development Q1-2025 REVERE – Maiden JORC Mineral Resource establishment Q2-2025 MT EDON – Rubidium recovery establishment December 2024 MT EDON – Scoping
Slide 5: Revere Gold & Base Metal Project
For personal use only REVERE GOLD & BASE METAL PROJECT PROLIFIC GOLD MINERALISATION FROM SURFACE NOVEMBER 2024 I 5
Slide 6: Revere – Gold & Base Metals
Revere – GOLD & BASE METALS GOLD FROM SURFACE, NEAR TERM PRODUCTION OPPORTUNITY For personal use only Current Exploration Target*, 2.5–4.1Mt at 1–2.5g/t Au (up to ~334,000oz ) (3) * CAUTIONARY STATEMENT The potential quantity and grade of the Exploration Target is conceptual in nature, there has bee
Slide 7: Revere – Prolific Gold Mineralisation
Revere – PROLIFIC GOLD MINERALISATION Reconciled grade of quartz lodes by historical processing reported 17 to 325g/t Au (5) For personal use only 7km’s of reef system with gold mineralisation from surface The saddle reefs or fault reefs are at least 20-90m wide and found to repeat at least 7 times
Slide 8: Revere – Bulk Sampling Program
Revere – BULK SAMPLING PROGRAM Bulk sampling program (36,000t) For personal use only commenced in Q2 2024 in proven high- grade zones (3) The program is designed to convert historical high-grade mineralisation into inferred JORC resource Metallurgical test works completed, confirming excellent recov
Slide 9: Revere – Resource Development
Revere – RESOURCE DEVELOPMENT Gold processing commencing in Q4 CY2024 For personal use only Large potential upside through methodical bulk sampling Bulk sampling / Exploration to be income / cash accretive Two phases of drill & blast completed with top 1m results of : (7&15) o H12-8 – 97.0 g/t Au fr
Slide 10: Revere – Resource Development
Revere – RESOURCE DEVELOPMENT The Revere reef system proved by For personal use only connecting two drill and blast areas (Pit 1 and Pit 2) These areas are within the exploration target area with previously identified gold mineralisation of at least 700m along strike High-grade gold close to surface
Slide 11: Mt Dimer Taipan Gold & Silver Project JORC Resources
For personal use only MT DIMER TAIPAN GOLD & SILVER PROJECT JORC RESOURCES NOVEMBER 2024 I 11
Slide 12: Mt Dimer Taipan – Mineable Resource
Mt Dimer Taipan – MINEABLE RESOURCE Comprises a Mining & Exploration Lease located approximately 125km NE of For personal use only Southern Cross Current JORC Compliant Resource(1) : 722kt @ 2.10 g/t Au for 48,545oz of gold 3.84 g/t Ag for 89,011oz of silver No Gold produced since 1996 and significa
Slide 13: Mt Dimer Taipan – Mineable Resource
Mt Dimer Taipan – MINEABLE RESOURCE Favourable gold price rerates For personal use only Previously drilled high grade gold/silver systems include intersections of: (8) o 21MDRC017 – 8m @ 13.55 g/t Au from 80m incl. 4m @ 23 g/t Au from 80m o 21MDRC025 – 6m @ 7.07 g/t Au & 6.93 g/t Ag from 45m o 21MDR
Slide 14: Mt Edon Critical Mineral Project
For personal use only MT EDON CRITICAL MINERAL PROJECT WORLD CLASS RUBIDIUM RESOURCE NOVEMBER 2024 I 14
Slide 15: Mt Edon – High Tech Critical Mineral Project
Mt Edon – HIGH TECH CRITICAL MINERAL PROJECT WORLD CLASS CRITICAL MINERAL GRADES AND RESOURCE For personal use only Targeted drilling programs delivered high-grade Rubidium- Lithium results up to 0.54% Rb2O and 1% Li2O (9) Mt Edon Pegmatite Field located on the Granted Mining Lease (M59/714) in the
Slide 16: Mt Edon – World Class Maiden Rubidium Resource
Mt Edon – WORLD CLASS MAIDEN RUBIDIUM RESOURCE Mt Edon’s initial MRE is based on drilling along a ~400m strike within a 1.2km-long pegmatite corridor on a granted mining lease For personal use only The MRE contains more than 7,900 tonnes of Rb2O Mineralisation remains open along strike and at depth,
Slide 17: Mt Edon – Rubidium Critical Mineral and Uses
Mt Edon – WORLD CLASS MAIDEN RUBIDIUM RESOURCE Globally recognised as Critical Mineral in US Current uses include: and Japan – High Growth Technology Market For personal use only Defence & Military Aerospace Rubidium is an alkali metal that is highly reactive and is Night vision imaging, special Ion
Slide 18: Mt Edon – Rubidium Processing Extraction Strategies
Mt Edon – RUBIDIUM PROCESSING EXTRACTION STRATEGIES Research Agreement Executed – EMC signed Agreement with ECU to collaborate on Direct Rubidium extraction from For personal use only the Mt Edon Critical Mineral Project (13) Direct Rubidium Process Extraction Development encompassing purification,
Slide 19: Work Program and Indicative Timeline
Work Program and Indicative Timeline For personal use only Bulk Sampling (36,000t) REVERE gold ore processing Regional aircore drilling Resource Establishment Gold sales receipt Mining and processing MT DIMER Mining proposal Infill Resource preparation, commercial approvals Drilling development deci
Slide 20: Corporate Profile
Corporate Profile EMC $0.13 186M $25 $2.6M $0 $22M For personal use only ASX CODE SHARE PRICE SHARES ON ISSUE MARKET CAP CASH DEBT EV (undiluted) SHARES ON ISSUE Top 20 Shareholders (39.1%) Remaining Shareholders (60.9%) Mark Caruso Simon Phillips Executive Chair & CEO Chief Operating Officer 39.1%
Slide 21: Corporate Disclaimer – Competent Person Statement
Corporate Disclaimer Competent Person Statement The information in this report related to exploration results of Mt Edon and Revere projects and Mineral Resource of Mt Edon is based on information compiled and approved for release by Mr Bahman Rashidi, who is a member of the Australasian Institute o
Slide 22: Reference
Reference 1) TSC ASX Release – 31 May 2021, Maiden JORC Resource Defined at Mt Dimer Gold and Silver Project in WA For personal use only 2) EMC ASX Release – 21 August 2024, EMC Delivers World-Class Rubidium Resource at Mt Edon Project, WA 3) EMC ASX Release – 9 April 2024, EMC Commences Bulk Sampli
Slide 23: Appendix – Mineral Resource Mt Edon and Mt Dimer
Appendix Mineral Resource- Mt Edon For personal use only Table 1: Mt Edon Maiden Mineral Resource Estimate, using a 0.1% Rb2O cut-off grade Tonnes Contained Contained Category Rb2O (%) Li2O (%) (Mt) Rb2O (t) Li2O (t) Inferred 3.6 0.22 7,900 0.07 2,500 Total 3.6 0.22 7,900 0.07 2,500 Mineral Resource
Slide 24: Contact Us
ASX: EMC For personal use only Contact Us SIMON PHILLIPS EVEREST METALS CORPORATION LTD Chief Operating Officer Suite 4.02, 256 Adelaide Terrace +61 411 88 3450 Perth WA 6000 Australia sphillips@everestmetals.au Phone: (+61 8) 9468 9855 everestmetalscorporation everest_metals_ EVERESTMETALS.AU
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