Strata Minerals Limited · ASX:SMX
Strata Minerals — Investor Presentation (December 2024)
21 slides from Strata Minerals's investor presentation, Dec 9, 2024
Slide 1: 2024 AGM Presentation
2024 AGM Presentation Positioned for Growth Gold, Uranium and Rare Earths Exploration in World Class Jurisdictions 7 November 2024 ASX:SMX w: stratamineralslimited.com
Slide 2: Important Information
Important Information Disclaimer, Forward Looking and CP Statements Forward Looking Statements Competent Person’s Statement Some statements in this announcement regarding estimates or future events are forward-looking The information in the market announcement is an accurate representation of the av
Slide 3: Corporate Snapshot
Corporate Snapshot Tightly held, low EV 0.09 12 0.08 CAPITAL STRUCTURE 10 Share price ($A) 0.07 Volume (millions) 0.06 8 Share price (at 6 Nov 2024) $0.024 0.05 6 0.04 Shares on issue 190M 0.03 4 0.02 2 Cash (30 Sept 24) $2.3M 0.01 0 0 14-Oct-23 14-Oct-24 14-May-24 14-Jun-23 14-Jul-23 14-Aug-23 14-N
Slide 4: Board with significant experience
Board with significant experience Deep corporate and technical capabilities Jonathan Downes Peter Woods Oliver Kreuzer Richard Monti Steve Wood Chairman Managing Director Director Director Company Secretary • 25+ years’ experience • 15+ years’ experience • 20+ years’ experience • 35+ years’ experien
Slide 5: Projects Overview
Projects Overview Located in world class jurisdictions (Western Australia & Canada) ASX:SMX w: stratamineralslimited.com
Slide 6: Penny South Gold Project
Penny South Gold Project Located in world class gold region of Western Australia District is seeing increasing M&A activity1 and Penny South Project is within proximity to 3rd party mill ASX:SMX w: stratamineralslimited.com
Slide 7: Penny South Gold Project
Penny South Gold Project • Strata (ASX.SMX) recently acquired the Penny South Project which is ~550m south of one of Australia’s highest grade producing gold mines - the Penny West/North Gold Mine (“Penny”) (320k oz at 22g/t1) owned and operated by Ramelius Resources Limited (ASX:RMS). Highly profit
Slide 8: Penny South Gold Project
Penny South Gold Project • Average historical drill hole depth across Penny South Project is only ~42m, with 18 holes deeper than 100m and 7 holes deeper than 200m, with no diamond drilling4 • Historic drilling has encountered various significantly anomalous intersections of gold mineralisation (2m
Slide 9: Penny South Gold Project
Penny South Gold Project 4 large scale, high-priority drill targets identified at Penny South5 • Target 1: interpreted down-plunge mineralisation from Penny Gold Deposits at depth approx. 160m below surface • Target 2: based on widespread, consistent anomalous drilling results over a strike length o
Slide 10: Penny South Gold Project
Penny South Gold Project Spectrum Metals discovery analogy at Penny West/North • Spectrum Metals ($5M market cap Feb 2019) followed up an isolated 1m @ 6.47g/t hole from 92m at Penny North6 • Discovery hole at Penny North intersected 8m @ 23.3g/t Au from 128m (SPWRC002) approx 40m down dip6 • Led to
Slide 11: Penny South Gold Project
Penny South Gold Project • The gold lode at Penny West is understood to be 2-3m wide quartz vein hosted within sheared granodiorite unit, near basal contact with amphibolite • Penny South shares similar stratigraphic set up as Penny West/North • Ramelius (ASX:RMS) has drilled 3.3m at 49.1g/t Au7 90m
Slide 12: Penny South Gold Project
Penny South Gold Project Penny simplified exploration model looking North • Granodiorite and amphibolite units generally poorly tested by historic drilling at Penny South • Any historic holes into the granodiorite appear to have only intersected the top of this unit and not tested the basal contact
Slide 13: Next Steps
Next Steps Penny South Gold Project • Detailed drill planning underway • Discussions with selected drilling companies underway • POW’s to be submitted shortly • Investigating use of geophysics • Ongoing targeting process • Initial drilling program to commence in coming months ASX:SMX w: strataminera
Slide 14: Elliot Lake Uranium Project
Elliot Lake Uranium Project • Elliot Lake Uranium Project (100% ownership) in world-class uranium province • Along strike from the Elliot Lake Uranium District, Ontario, which historically produced >360Mlb U 3O 8 from 13 underground mines • World’s largest uranium refinery, the Cameco Corporation- o
Slide 15: Elliot Lake Uranium Project
Elliot Lake Uranium Project • Project along strike and near world class historical uranium mines • Five project areas covering a combined 180km2 with known uranium within claims • Several high priority targets identified on Strata’s tenure featuring strong radiometric anomalism • Initial field activ
Slide 16: Elliot Lake Uranium Project
Elliot Lake Uranium Project Continuous and sedimentary nature of mineralisation • Targeting conglomerate-hosted uranium and rare earth elements (REE) mineralisation • Known deposits in the district are strata-bound and consequently relatively continuous and predictable • Deposits typically have exce
Slide 17: Biranup Gold Project
Biranup Gold Project Albany-Fraser Belt, WA • Approximately 15km north-east along strike of AngloGold Ashanti-Regis Resources’ Tropicana Gold Mine (+5Moz Au)10 • Along trend to other discoveries to the NE • Strata Minerals previously focused on nickel potential, not gold • Features significant anoma
Slide 18: Next Steps
Next Steps Penny South Gold Project Elliot Lake Uranium Project Biranup Gold Project • Detailed drill planning underway • Initial first pass ground exploration • Strategic review underway to refocus on completed gold prospectivity (previously nickel • Discussions with selected drilling focused) comp
Slide 19: Why Strata Minerals?
Why Strata Minerals? Right commodities, right jurisdictions, right time Gold, Uranium and Tier one locations Exceptional team Poised for growth Rare Earths focus Global megatrends Exploring WA Gold next Board and management Detailed drill planning at underpinning major uplift door to high-grade with
Slide 20: CONTACT
CONTACT Level 5, 191 St Georges Terrace Peter Woods Perth WA 6000 Managing Director t: +61 2 9299 9690 pw@stratamineralsltd.com e: info@stratamineralslimited.com w: https://stratamineralslimited.com/ ASX:SMX w: stratamineralslimited.com
Slide 21: Appendix
Appendix References: Penny South Gold Project 1refer ASX.AME release 1/8/24 “Brightstar to drive consolidation of sandstone district” and ASX.RMS release 27/6/24 “Ramelius makes strategic investment in Spartan Resources” 2refer ASX.RMS announcement 2/10/2024 “An afternoon with ORDS Gold Conference”
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