Forrestania Resources Limited · ASX:FRS
Forrestania Resources — Investor Presentation (July 2023)
14 slides from Forrestania Resources's investor presentation, Jul 25, 2023
Slide 1: An Explorer of Choice
For personal use only ASX : FRS AN EXPLORER OF CHOICE JULY 2023
Slide 2: Disclaimer
Disclaimer This document has been prepared by Forrestania Resources Limited ACN 647 899 698 and/or its affiliates (together, “Forrestania Resources”) for the exclusive use of the party to whom Forrestania Resources delivers this document (the “Recipient”). The information contained in this document
Slide 3: Forrestania - Corporate Strategy
FORRESTANIA - CORPORATE STRATEGY EXPLORE | COLLABORATE | ACQUIRE For personal use only • Proactively exploring for Lithium at Forrestania and Eastern Goldfields projects in WA • Expanded Lithium exploration focus into Canada’s James Bay Region through the Hydra JV with ALX Resources Corp. • Extensiv
Slide 4: Forrestania Project - Flagship Project
FORRESTANIA PROJECT FLAGSHIP PROJECT • Highly prospective for Lithium & Gold For personal use only • Strategic Tier 1 Location with over ~100km of strike along greenstone/granite contact • Our neighbours are major miners / developers Covalent Lithium (Wesfarmers-SQM JV)1 – 189Mt @ 1.5% Li2O at the
Slide 5: Forrestania Project - Focus Across Multiple Highly Prospective Targets
FORRESTANIA PROJECT FOCUS ACROSS MULTIPLE HIGHLY PROSPECTIVE TARGETS For personal use only • Current priorities: Calypso South Iron Cap East Giant Gemcutter Bannon • Soil geochemistry results confirm strong fertility of multiple prospects • Completed drilling programmes have intercepted nu
Slide 6: Calypso - Multiple Pegmatites up to 63m Thick in Maiden Drilling
CALYPSO – MULTIPLE PEGMATITES UP TO 63M THICK IN MAIDEN DRILLING For personal use only • Located ~4.5 km to the west of the South Iron Cap prospect where Western Areas (now IGO) drilled 50m @ 0.95% Li2O including 9m @ 2.58% Li2O • Pegmatite outcrop within favourable geology (overlying ultramafics) •
Slide 7: South Iron Cap East - Visible Spodumene in Most Recent Drilling
SOUTH IRON CAP EAST – VISIBLE SPODUMENE IN MOST RECENT DRILLING For personal use only • ~1km from the South Iron Cap prospect where Western Areas (now IGO) drilled 50m @ 0.95% Li2O including 9m @ 2.58% Li2O • Pegmatite outcrop corresponds with highly anomalous soil geochemistry and mafic host rock •
Slide 8: Giant Pegmatite - Following Up a Major Discovery
GIANT PEGMATITE – FOLLOWING UP A MAJOR DISCOVERY For personal use only • Significant result in 2016 drilled by ASX:MZN: GPRC06 - 34m @ 3.1% Li2O from 68m (est. true thickness 5-10m) • First phase of step out drilling completed, with >10m pegmatites intersected Strong lithium mineralisation returne
Slide 9: James Bay, Quebec - Partnership with ALX Resources on Hydra Lithium Project
JAMES BAY, QUEBEC - PARTNERSHIP WITH ALX RESOURCES CORP. ON THE HYDRA LITHIUM PROJECT For personal use only • Expanding Forrestania’s lithium exploration focus into the world-class James Bay Region of Quebec, Canada. • 50:50 JV now finalised with ALX Resources Corp. (TSXV: AL; FSE: 6LLN; OTC: ALXEF)
Slide 10: James Bay, Quebec - Partnership with ALX Resources on Hydra Lithium Project
JAMES BAY, QUEBEC - PARTNERSHIP WITH ALX RESOURCES CORP ON THE HYDRA LITHIUM PROJECT • Staking of HLP sub-projects conducted by ALX based on review of public-domain geological mapping and government For personal use only collected sediment and outcrop samples. • All of the HLP sub-projects overlie o
Slide 11: Eastern Goldfields - Gold & Copper Option Agreement
EASTERN GOLDFIELDS – GOLD & COPPER OPTION AGREEMENT ADDS STRATEGIC TENEMENTS & COMPLEMENTS EXISTING PORTFOLIO For personal use only • Two-year Option to acquire strategic and highly prospective project areas at 1) Alexandra Bore / Breakaway Dam and 2 ) Bonnie Vale • The Alexandra Bore / Breakaway Da
Slide 12: Leonora: Melita Prospect - REE Wild Card
LEONORA: MELITA PROSPECT - REE WILD CARD HIGHLY ANOMALOUS ROCK CHIP SAMPLES SUGGEST POTENTIAL FOR REE DISCOVERY For personal use only • Significant potential for a major REE discovery • Late stage, igneous intrusive located & sampled at the Melita 02 prospect, located on the Breakaway Well tenement
Slide 13: Investment Proposition
ASX:FRS – INVESTMENT PROPOSITION FOCUSED ON ADDING VALUE THROUGH: For personal use only • EXPLORATION Extensive pipeline of Lithium & Gold targets in WA Expansion into the dynamic Quebec Lithium space REE ‘wild card’ at Leonora • COLLABORATION Hydra Lithium JV with ALX Resources Corp. Stra
Slide 14: Thank you - Contact
For personal use only Thank you ASX : FRS CONTACT Michael Anderson – MD &CEO michael@forrestaniaresources.com.au www.forrestaniaresources.com.au FORRESTANIA RESOURCES LTD | ASX: FRS | 14
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