Waratah Minerals Limited · ASX:WTM
Waratah Minerals — Battery Minerals — Resources Rising Stars - Miningnews.net Boom in a Room 2021
19 slides from Waratah Minerals's conference presentation, Oct 14, 2021
Slide 1: Drilling Holes in Elephant Country
DRILLING HOLES IN ELEPHANT COUNTRY Resources Rising Stars-Miningnews.net Boom in a Room October 14th 2021
Slide 2: Agenda
1. Corporate snapshot 2. Tirupati Graphite agreement, Mozambique 3. Stavely-Stawell Copper Gold Project, Victoria 4. Russells Copper Project, Western Australia 5. Next Steps 2
Slide 3: Board and Management; Capital Structure
BOARD AND MANAGEMENT SHARE PRICE FOR THE LAST 12 MONTHS Tony Walsh David Flanagan Company Secretary Executive Chairman & GM Corporate Naomi Scott Jeff Dowling Mozambique Non-Executive Director/ General Director Counsel CAPITAL STRUCTURE Shares on Issue (ASX Code: BAT) 2,102M Board and Management >5%
Slide 4: Tirupati Graphite (TPG) – Transaction Summary
TIRUPATI GRAPHITE (TPG) – Transaction Summary (Please also see ASX release dated 17th August 2021) 1. A$12.5M in cash and shares to Battery Minerals Limited (BAT) 2. A$1.5M cash and A$11M in TPG shares 3. A$5.5M TPG shares 8 months escrow from completion 4. A$5.5M TPG shares 20 months escrow from co
Slide 5: Tirupati Graphite (TPG) – Transaction Summary
TIRUPATI GRAPHITE (TPG) – Transaction Summary (Please also see ASX release dated 17th August 2021) Battery Minerals Cash at Bank 30 June 2021 $4.6M Tirupati proceeds shares (@GBP 1.03) $11M Tirupati proceeds cash $1.5M VAT refunds due payable $1.5M Victorian Govt Exploration Grant CY 2021/2022 $0.5M
Slide 6: Tirupati Graphite: Production, Downstream Processing Capability, Growth, Cashflow
TIRUPATI GRAPHITE; Production, Downstream Processing Capability, Growth, Cashflow1 Production and growth The Mozambique (BAT) acquisition provides potential Current 12,000tpa for significant expansion to 30,000tpa in Q2 2022 meet customer needs >140,000tpa 84,000tpa in 2024 Tirupati Graphite Operati
Slide 7: Tirupati Graphite (TPG)
TIRUPATI GRAPHITE (TPG) (Please also see ASX release dated 17th August 2021) 1. TPG is AIM/OTCQ listed, producing 12,000tpa graphite, growing to 30,000tpa in Q2 and 84,000tpa in 2024 2. Operating cashflow positive, 2 operations in Madagascar, full suite of downstream processing in India 3. This agre
Slide 8: Victoria Significant Opportunity
VICTORIA SIGNIFICANT OPPORTUNITY 1. https://earthresources.vic.gov.au/geology- exploration/minerals/metals/gold 8
Slide 9: Large Landholding, Past Production, Proven Structures
LARGE LANDHOLDING PAST PRODUCTION PROVEN STRUCTURES PROSPECTIVE ROCKS MA JOR SYSTEM LIMITED EXPLORATION • Tenement Granted October 2020 • 721sqkm of under-explored tenure • Last sustained exploration effort early 1990s (Gold A$400/oz) • 40 km strike and 117sqkm of Mt Stavely Volcanics • 67 km strike
Slide 10: Exploration Targets
EXPLORATION TARGETS • ~30 years since last explored • Moyston Fault Corridor Au, Ni • Stawell Gold Corridor • Stavely Volcanics Au, Cu, Ni • Historical production ~100,000oz Au ● Improved Techniques • Mag, Gravity, Worldview, Lidar, EM • Soils and Rock Chip assay detection limits • Air Core Drilling
Slide 11: Priority Drill Targets
PRIORITY DRILL TARGETS1 NEXT 3 MONTHS 375 HOLES, 15,000 METRES • Nine Mile : drilling 2m @ 1.7 g/t Au, historical workings in Jallukar, Moyston Fault • Kent Road : float & subcrop, altered porphyry, soils 4m @ 193 ppm Cu, NW fault, mag feature in volcanics • Frying Pan: historical workings, Rock Chi
Slide 12: Priority Drill Targets
PRIORITY DRILL TARGETS1 NEXT 3 MONTHS 375 HOLES, 15,000 METRES • Nine Mile : drilling 2m @ 1.7 g/t Au, historical workings in Jallukar, Moyston Fault • Kent Road : float & subcrop, altered porphyry, soils 4m @ 193 ppm Cu, NW fault, mag feature in volcanics • Frying Pan: historical workings, Rock Chi
Slide 13: Priority Drill Targets
PRIORITY DRILL TARGETS1 NEXT 3 MONTHS 375 HOLES, 15,000 METRES • Nine Mile : drilling 2m @ 1.7 g/t Au, historical workings in Jallukar, Moyston Fault • Kent Road : float & subcrop, altered porphyry, soils 4m @ 193 ppm Cu, NW fault, mag feature in volcanics • Frying Pan: historical workings, Rock Chi
Slide 14: Talking to landowners and consolidating access agreements
“Talking to landowners and consolidating access agreements for exploration is part of the significant opportunity” 1. Please read this disclosure in conjunction with Battery Minerals’ ASX release dated 14 th October 2021 “Technical Summary of Historical Exploration on the Stavely - Stawell Copper Go
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Slide 16: Russells Copper Project with Regional Nickel, PGE, Copper and Gold Prospects
RUSSELLS COPPER PROJECT WITH REGIONAL NICKEL, PGE, COPPER AND GOLD PROSPECTS • Halls Creek Tectonic Zone – confluence of major structures and mineralization styles; • Michigan Cu-Ag • Sulphide Ni+Cu+PGEs • Skarn Cu-Au • Halls Creek Fault related orogenic Au+Cu/Pb/Zn/Ag
Slide 17: Russells Copper Project
RUSSELLS COPPER PROJECT2 • Halls Creek Tectonic Zone – confluence of major structures • Only 13 historic drill holes • Soils >100 ppm Cu 16km strike (including ELA80/5348) • Rock chips to 30% Cu at surface • High quality VTEM data flown • Vendors include Kimberley traditional owners (47%) • Heritage
Slide 18: Next Steps
NEXT STEPS Mozambique 1. Complete administrative transfer to Tirupati Graphite and receive $12.5M Graphite Projects in cash and shares – ongoing 1. Recommence drilling in September – ongoing Stavely – Stawell 2. Sustain land access and community engagement– ongoing 3. Process 200m spaced Falcon grav
Slide 19: Disclaimer
DISCLAIMER • The information in this report that relates to Battery Minerals’ • The information in this report that relates to Exploration Results from Forward Looking Statements Mineral Resources or Ore Reserves is a compilation of previously published data for Battery Minerals’ Stavely-Stawell Cop
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