Viridis Mining And Minerals Limited · ASX:VMM
Viridis Mining And Minerals — Brazil Virtual Resources Conference (July 2024)
16 slides from Viridis Mining And Minerals's conference presentation, Jul 9, 2024
Slide 1: Colossus Ionic Clay Project
COLOSSUS For personal use only IONIC CLAY PROJECT Unlocking a new frontier of Rare Earths in the Poços De Caldas Alkaline Complex Investor Presentation
Slide 2: Important Information and Disclaimer
Important Information and Disclaimer This document is confidential and may not be reproduced, redistributed or This document is a visual aid and is not intended to be read as a stand alone passed on, directly or indirectly. document. The material contains selected and abbreviated summary information
Slide 3: Corporate Summary
Corporate Summary Capitalisation Data Contact Details Current shares on Issue1 64.26 Million Rafael Moreno Carly Terzanidis For personal use only Chief Executive Officer Company Secretary Share Price1 $1.18 Market Capitalisation (MC)1 $75.8 Million info@viridismining.com.au cosec@viridismining.com.a
Slide 4: Colossus Value Proposition: Progressing Rapidly from Explorer to Producer
Colossus Value Proposition : Progressing Rapidly from Explorer to Producer World Class Homogenous mineralisation, highest individual grade in Alkaline complex Geology (>27,000ppm), significant HREO from surface Significant For personal use only Since project acquisition, landholding in and around Al
Slide 5: Colossus Project: Progressing from Grassroots Exploration to Development
For personal use only Colossus Project Progressing from Grassroots Exploration to Development 5
Slide 6: Poços De Caldas: Strategic Land Position in Ideal Location
Poços De Caldas : Strategic Land Position in Ideal Location Unlocking the True Geological Potential of the Colossus Project For personal use only Poços De Caldas (“PDC”) – Largest Alkaline Complex in Southern Hemisphere and is homogenously mineralised with Rare Earths. Local community is supportive
Slide 7: Maiden Resource (MRE): Globally Significant Size and MREO Content
For personal use only MAIDEN RESOURCE (MRE): Globally Significant Size and MREO Content High-Grade IAC REE Project at 1,000ppm Cut-Off: • 201Mt @ 2,590ppm TREO; • Including, 62Mt Indicated Resource Globally significant MREO content – 668ppm, 26% MREO. High DyTb content at 1,000ppm Cut-off – 32
Slide 8: Superior MREO Content: Premier IAC Project Globally by Value
Superior MREO Content: Premier IAC Project Globally by VALUE MREO Content Vs Tonnage of IAC Deposits 700 668ppm VIRIDIS COLOSSUS MREO (Nd, INITIAL MRE Pr, Dy, Tb) For personal use only 600ppm 600 Meteoric Caldeira 500 Superior MREO Grade (ppm) Aclara Penco Module Basket 400 Aclara Serra Verde Pela E
Slide 9: Metallurgical Testing: A True Ionic Clay REE Project
Metallurgical Testing : A True Iconic Clay REE Project Metallurgy – First Hole Tested by ANSTO1 11.9m at 80% Nd-Pr Recovery from 3.3m. [Ammonia Sulphate, pH4, room temp., 30 minutes cycle] Cupim South 0.01ppm of U and <0.01ppm of Th (below detection limit) For personal use only Unoptimised condition
Slide 10: Development Strategy: Colossus Starts with Northern Concessions
Development Strategy : Colossus Starts with Northern Concessions De-risked Pathway to Production Initial Production Facility to be located at contiguous Northern Concessions in the Municipality of Pocos De Caldas (PCD) Quickest path to production with the PCD formally supporting For personal use onl
Slide 11: Key Work Program for 2024: Execution Activities on Critical Path
Key Work Program for 2024: Execution Activities on Critical Path Engineering / Scoping Study / Pre-Feasibility Study Scoping Study to be completed in Q3 2024, with the initial focus being on the highly prospective Northern Concessions. Pre-Feasibility Study to commence in Q3 2024, with an aim to com
Slide 12: Government Signed MOUs: De-risking Regulatory and Environmental Approvals
Government Signed MOUs: De-risking the Colossus Regulatory and Environmental Approvals Process “Viridis has entered into two crucial non-binding MoUs with Agreement with : the State Government of Minas Gerais and the associated State of Minas Gerais/Invest Minas State Secretary for Economic Developm
Slide 13: Flowsheet Development: ANSTO & Engineering Contractor Testing
Flowsheet Development: ANSTO & Engineering Contractor Testing CLAY MINING ION EXCHANGE PROCESSING - ANSTO For personal use only ION IMPURITY PRECIPITATION EXCHANGE REMOVAL TANK REE Carbonate CLAY BACKFILL & REVEGETATION Water Product NANOFILTRATION AND REVERSE OSMOSIS CLAY WASHING 13 Viridis Mining
Slide 14: Downstream Technology: JV For Separation / Refining / Recycling
Downstream Technology: JV For Separation / Refining / Recycling Joint Venture with Ionic Rare Earths (IXR) For personal use only Colossus positioned to become the first producer of refined Rare Earth Oxides (‘REO’) in Brazil, through a Joint Venture signed with IXR1. The JV has exclusive global (exc
Slide 15: Anticipated Project Milestones: Work Program to Initial Production
For personal use only Anticipated Project Milestones: Work Program to Initial Production 2024 2025 2026 2027 Project Activities Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Resource Drilling Metallurgical & Flowsheet Testing ANSTO – Finalise Flowsheet Met Test Optimisation – Finalise Mine Plan Re
Slide 16: Thank You
For personal use only THANK YOU Further Enquiries: Rafael Moreno Carly Terzanidis Chief Executive Officer Company Secretary Phone: +61 3 9071 1847 Phone: +61 3 9071 1847 Email: info@viridismining.com.au Email: cosec@viridismining.com.au 16 Viridis Mining and Minerals Ltd - Colossus Ionic Clay Projec
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