Maverick Minerals Australia Ltd · ASX:M96
Maverick Minerals Australia — Corella Resources — Shareholder Meeting (November 2023)
12 slides from Maverick Minerals Australia's shareholder meeting presentation, Nov 9, 2023
Slide 1: High Purity Kaolin Deposit for HPA - 2023 Annual General Meeting
ASX: CR9 High Purity Kaolin Deposit for HPA 2023 ANNUAL GENERAL MEETING
Slide 2: Disclaimer
DISCLAIMER ASX: CR9 These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been prepared by Corella Resources Limited (Corella or the Company) as at 9 November FORWARD LOOKING STATEMENTS 2023 and statements are current only as at that date.
Slide 3: Acknowledgement of Country
ASX: CR9 ACKNOWLEDGEMENT OF COUNTRY Corella Resources acknowledges the Traditional Custodians of Country throughout Australia and recognises the continuing connection to lands, waters and communities. We pay our respects to Elders past, present and emerging. 3
Slide 4: Vision and Strategy
VISION AND STRATEGY ASX: CR9 Corella Resources Limited (ASX: CR9) has assembled a GLOBAL HIGH PURITY ALUMINA REVENUE portfolio of high purity alumina projects in the stable GROWTH RATE 2018-2029 ($ MILLIONS) mining jurisdiction of Western Australia. $1,600 Corella aims to become a global supplier to
Slide 5: Corporate Overview
CORPORATE OVERVIEW ASX: CR9 Current shares on issue 465.1M Market Cap (@ $0.0271) $12.6M PERFORMANCE SINCE LISTING AT 2C $0.07 30M Cash 2 $2.0M EV $10.6M $0.06 25M CR9O Listed Options $0.06, Exp April 25 28.0M $0.05 20M Unlisted Options $0.03, Exp April 24 67.2M $0.04 Unlisted Options $0.04, Exp Apr
Slide 6: Tampu
TAMPU ASX: CR9 • 5N+ (99.99957%) Al2O3 purity confirms Tampu as Australia’s premier specification bright white kaolin deposit for HPA (5N and 4N) feedstock • Total Mineral Resource of 24.7Mt with an average yield of 50% for 12.2Mt @ 36.5% Al2O3 of <45µm, high quality HPA feedstock specification • Hi
Slide 7: Tampu Mineral Resource Estimate
TAMPU Mineral Resource Estimate Corella Resources has defined a (JORC) Inferred Resource Estimate for the Tampu Kaolin Deposit of 24.7Mt of bright white kaolinised granite suitable for HPA specification, with a yield of 49% for 12.2Mt @ 36.4% Al2O3 reported in the less than 45-micron size fraction O
Slide 8: Tampu Scoping Study
ASX: CR9 TAMPU SCOPING STUDY Scoping Study presents project economics for two mutually exclusive scenarios; • 100% kaolin 200ktpa production or • 100% HPA 40ktpa production. The Company's strategic vision is the production of High-Purity Alumina (HPA) using its high-quality kaolin as a feedstock. HP
Slide 9: Tampu can produce 5N and 4N HPA
TAMPU ASX: CR9 High Purity Kaolin Deposit for HPA TAMPU 5N+ (99.99957%) Al2O3 HPA RESULTS: Impurities /g Tampu sample Commercial 5N P 0.000000115 0.000000285 Pb Ni 0 0 0 0 Tampu can Ba 0.00000001 0.000000005 produce 5N Fe 0 0 Si 0.0000003 0.00000065 and 4N HPA Mn Cr 0 0 0 0 using a Mg 0 0 simplified
Slide 10: Tampu Existing Infrastructure
TAMPU ASX: CR9 Existing Infrastructure Corella Resources acquired the Tampu grain storage facility. 6.12Ha facility located only 2.5kms from Corella’s 24.7Mt Tampu deposit and will be pivotal for the proposed mining operations. The site consists of a 3,750m2 (~15,000t) storage shed, road loading fac
Slide 11: Opportunity & Next Steps
OPPORTUNITY & NEXT STEPS ASX: CR9 Specification advantages over peers - Low capex projects - Ideal kaolin deposit: shallow, High grade, low impurity, bright white flat, simple open cut operations. Outstanding kaolin confirmed at the Tampu Deposit. potential project economics. Positive short and long
Slide 12: Risks
RISKS ASX: CR9 Risk Mitigation/Explanation • Large homogenous resource with further potential sources at Whitecap and Whitehills Resource • Low contaminant deposit for multiple product optionality • Existing use farmland with some areas no longer farmed • Previous mining lease in area Mining License
Corella Resources — Shareholder Meeting (November 2023) on 6ix