Castle Minerals Ltd · ASX:CDT
Castle Minerals — Peak Asset Spotlight 2023 Investor Conference
19 slides from Castle Minerals's conference presentation, Oct 25, 2023
Slide 1: Charging Ahead: The Kambale Graphite Project
For personal use only Charging Ahead: The Kambale Graphite Project Peak Asset Spotlight 2023 Investor Conference, Perth 25 October 2023 ASX: CDT
Slide 2: Disclaimer & Competent Person Statement
Disclaimer & Competent Person Statement Cautionary Statement: This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any j
Slide 3: Graphite: Did you know?
Graphite: Did you know? • A ‘Critical Mineral’ for achieving “clean energy”, “net zero” ambitions. For personal use only • Lithium-Ion Batteries (“LiB”) dominate EV batteries, stationary power storage units and other applications. • Graphite 95% of an LiB anode. 30kg - 60kg per EV. • ~3kg of fine-fl
Slide 4: Major Demand – Supply Disconnect
Major Demand – Supply Disconnect • ~400 ‘gigafactories’ (LiB manufacturing plants) planned by 2030. • Many more new graphite mines needed to meet demand. For personal use only • Supply disconnect: Gigafactories much faster to build than mines are to find, develop and to have their BAM ‘qualify’. • M
Slide 5: Looming Supply Chain Bottleneck
Looming Supply Chain Bottleneck For personal use only Tesla’s Berlin Gigafactory has lodged plans to expand from 500,000 cars per year to 1,000,000. ~400 Gigafactories Operating by 2030? Commentary sources: Bloomberg. Fastmarkets. McKinsey. Macquarie. Tesla’s Berlin Gigafactory achieves 5,000 vehicl
Slide 6: MRE Update: 22.4Mt and 1.9Mt Contained Graphite
MRE Update: 22.4Mt and 1.9Mt Contained Graphite Plan view of resource classification with drilling Classification Contained Tonnes (kt) TGC % (5% TGC Cut-Off) TGC (kt) For personal use only Indicated 9,556 843 8.8% 43% Inferred 12,872 1,096 8.5% 57% Total 22,438 1,939 8.6% Independent JORC Code 2012
Slide 7: Shallow, Multiple, Wide Lens
Shallow, Multiple, Wide Lens Concept open-pit outline For personal use only Mineralisation from surface. Open at depth. Robust, thick intercepts 22.4Mt at 8.6% Concept TGC open-pit outline (for illustration purposes only). (1.9Mt contained graphite) Q-Code for access to YouTube project fly-through a
Slide 8: Commercial Grade Bulk, Fine Flake Concentrate Produced
Commercial Grade Bulk, Fine Flake Concentrate Produced • 95.1% TGC commercial specification bulk fine flake graphite concentrate produced using conventional grind-flotation circuit (IMO P/L and Metallurgy P/L, Perth) For personal use only • Used 215kg unweathered, composited diamond core samples ext
Slide 9: Excellent Development Credentials
Excellent Development Credentials • Minimal infrastructure capital requirements: ü Largely green-grid power from 400MW Bui hydro dam. ü Plentiful potable water. Kambale For personal use only ü Quality local and regional roads. ü Daily commercial flights from Accra to nearby Wa. Graphite Project • Gh
Slide 10: ESG & Social Licence to Operate
ESG & Social Licence to Operate • Many years successful local operational experience: • Acting and communicating respectfully, transparently, inclusively and constructively with all stakeholders. For personal use only • Honouring and awareness of traditions, heritage and rural practices. • Maximisin
Slide 11: Maximising Local Content
Maximising Local Content • 100% in-country management and technical team. • 100% in-country procurement. For personal use only • Proposed 100% mining, construction and other services. 11
Slide 12: Fast-Tracking
Fast-Tracking • Considerable de-risking progress in last 18 months: 21,000m drilling + maiden and updated MRE + 2 phases successful test work + geophysics to expand footprint. For personal use only • Immediate milestones: ü Specialist assessment of Phase 2 bulk fine flake concentrate for anode produ
Slide 13: Corporate
Corporate Michael Atkins Non-Executive Chair (Corporate & Finance) 1,175.7M 205.5M 36.0M For personal use only Ordinary Shares (CDT) Options Listed (CDTO & Options (Unlisted) Stephen Stone CDTOA) Managing Director (Corporate & Geology) A$11.8M A$1.6M A$10.2M Market Cap ($0.01/ share) Working Capital
Slide 14: Considerable Value Compressed Into A Modest Market Cap
Considerable Value Compressed Into A Modest Market Cap “The Kambale Graphite Project is rapidly emerging as a credible entrant into the Critical Minerals supply chain For personal use only to coincide with forecasts for a major graphite supply deficit.” “Castle’s investors can look forward to a high
Slide 15: Thank You
For personal use only Thank You Contact: Stephen Stone, Managing Director stone@castleminerals.com admin@castleminerals.com Mb +61 (0) 418 804 564 or Ph +61 8 9322 7018 ASX: CDT
Slide 16: APPENDIX
For personal use only APPENDIX 16
Slide 17: GHANA: Carlie Mining Limited - Quality Gold Assets
GHANA: Carlie Mining Limited - Quality Gold Assets • 100% Carlie Mining Limited • A focused consolidation (2,686km2) of Birimian age geological terrane prospective for structurally controlled orogenic-style gold. For personal use only • Adjacent to Azumah Resources Limited’s Black Volta Gold Project
Slide 18: AUSTRALIA: Future Metals & Gold Projects
AUSTRALIA: Future Metals & Gold Projects For personal use only “Castle has accumulated an enviable position in the rapidly emerging Earaheedy Basin base metals province where Rumble Resources Limited has made a Tier-1 scale, open-ended SEDEX and MVT-style zinc-lead- Earaheedy Basin: Withnell and Ter
Slide 19: AUSTRALIA: Incubating Lithium and Graphite Opportunities
AUSTRALIA: Incubating Lithium and Graphite Opportunities “Castle is incubating a portfolio of quality, early-stage Future Metals projects in the Great Southern Region For personal use only of Western Australia” Wilgee Springs (Lithium) Woodcutters (Lithium) 19 Kendenup & Martagallup (Graphite)
Castle Minerals — Peak Asset Spotlight 2023 Investor Conference on 6ix