Viking Mines Limited · ASX:VKA
Viking Mines — Investor Presentation (September 2023)
24 slides from Viking Mines's investor presentation, Sep 4, 2023
Slide 1: A Battery Metals Explorer Focused on Critical Mineral Vanadium
For personal use only A Battery Metals Explorer Focused on Critical Mineral Vanadium Investor Update Presentation 4th September 2023 ASX:VKA
Slide 2: Disclaimer & Competent Persons Statements
Disclaimer & Competent Persons Statements Disclaimer This presentation and any accompanying verbal presentation (together the Presentation) are confidential and have been prepared by Viking Mines Limited (Viking or the Company) and approved by the Board of the Company. The information contained in t
Slide 3: Corporate Overview
Corporate Overview For personal use only ASX Code Share Price Shares on Issue Market Cap Cash Enterprise Value VKA $0.009 1.025 B $9.2 M $4.13 M $4.85 M (1 September 2023) (Undiluted) (as at 30 June) VKA Share Price & Volume $0.016 12 $0.014 10 $0.012 8 Other Volume ($m) Share Price $0.010 Sharehold
Slide 4: Board and Management
Board and Management For personal use only Charles Thomas Julian Woodcock Michael Cox Chairman Managing Director & CEO Non-Executive Director Mr. Thomas is an Executive Director Mr. Woodcock is a geologist with a Mr Cox has run a private corporate and Founding Partner of GTT a career spanning 2 deca
Slide 5: The future for Vanadium
For personal use only The future for Vanadium 5
Slide 6: Vanadium Critical, Industrial and Battery Mineral
Vanadium Critical, Industrial and Battery Mineral Established industrial mineral, primarily used 2021 Production by Country For personal use only in the steel industry as an additive to increase strength. Brazil USA 5% 3% Other Main component in Vanadium Redox Flow 7% Batteries (VRFB) which are a pr
Slide 7: Vanadium Outperforms Li-Ion over operating life
Vanadium Outperforms Li-Ion over operating life VANADIUM REDOX FLOW BATTERY (VRFB) For personal use only Low $/kWh over battery life – Long life results in significantly reduced $/kWh. No degradation in capacity or performance – >20 years life cycle. Non-flammable – Water based electrolyte safer tha
Slide 8: Vanadium Growing Demand for an Alternate Energy Storage Solution
Vanadium Growing Demand for an Alternate Energy Storage Solution VANADIUM REDOX FLOW BATTERY (VRFB) ANNUAL INSTALLED For personal use only VRFB BY REGION: 2021-2031 • VRFB Sector forecast to grow >900% by 2031. • Commercial production occurring globally - >33 companies producing VRFB’s including Sum
Slide 9: VRFB Global Uptake Increasing
Vanadium VRFB Global Uptake Increasing Over 200 Operating VRFB Projects Worldwide i For personal use only GLOBAL MOMENTUM GAINING • German manufacture, Prolux Solutions, unveils STORAC residential VRFB unit (5kW & 10kW). • Horizon Power - first Australian energy provider to purchase a VRFB, to power
Slide 10: Canegrass Battery Minerals Project
For personal use only Canegrass Battery Minerals Project 10
Slide 11: Right Rocks, Right Jurisdiction, Right Location
Right Rocks, Right Jurisdiction, Right Location Investment Attractiveness For personal use only • WA, Ranked #1 in 2021 Fraser Institute Annual Survey of Mining Companies. • Situated in the ‘Vanadium Triangle’ of substantial Vanadium Projects in WA • Windimurra Igneous Complex – Directly comparable
Slide 12: Canegrass Battery Minerals Project
Canegrass Battery Minerals Project 79Mt @ 0.64% V2O5, 29.7% Fe, 6.0% TiO2i For personal use only • Large Inferred (JORC 2012) Mineral Resource Estimate (MRE) providing a base to build from. • 95km2 Project tenements encompassing the Vanadiferous Titanomagnetite (VTM) horizon. • Significant upside po
Slide 13: VKA Targeting Extension, Growth & Discovery
VKA Targeting Extension, Growth & Discovery ~7,500m Drill Programme Completed OBJECTIVE: • Define high-grade resource >30Mt >0.9%V2O5. For personal use only STRATEGY: • Drill test priority targets identified by the ETE. • Extend the current MRE into areas of outcropping mineralisation not currently
Slide 14: Fold Nose New Discovery Targets
Fold Nose New Discovery Targets 59Mt at 0.66% V2O5 for ~0.86 Billion lbs V2O5i For personal use only • Existing substantial MRE with massive upside potential. • Significant Exploration Target Estimate calculated 1.9 km for Fold Nose Deposit extensions totalling. ii Fold Nose 64 Mt to 85 Mt at 0.43%
Slide 15: Fold Nose Growth Drilling
Fold Nose Growth Drilling • Substantial thick zones of For personal use only VTM intersected in multiple holes. • Drilling confirms extensions outside the current MRE limits. • Mineralisation occurs throughout the >3km strike length tested • High-grade hinge zone >750m strike length and thick accumu
Slide 16: Kinks North And West Extension Targets
Kinks North And West Extension Targets 20Mt at 0.57% V2O5 for ~0.25 Billion lbs V2O5i For personal use only • Exploration Target Estimate for Kinks Extensions totals. ii 30 Mt to 40 Mt at 0.51% to 0.72% V2O5 for 0.34 to 0.64 B lbs. • The Kinks West Block now contains multiple intercepts significantl
Slide 17: Kinks South Growth Target
Kinks South Growth Target Substantial Exploration Target Area – No MRE For personal use only • Exploration Target Estimate defines major target. i 23.1Mt to 30.8Mt at 0.46% to 1.04% V2O5 for 0.24 to 0.71 B lbs • Assays confirm substantial zones of high-grade Vanadium Mineralisation outside of curren
Slide 18: Additional Battery Mineral Potential Ni, Cu, Co
Additional Battery Mineral Potential Ni, Cu, Co Drilling Confirms Copper, Nickel & Cobalt Potential For personal use only Kinks South Target • VCRC0010 i • 56m at 0.14% Cu, 640ppm Ni & 123ppm Co from 52m • VCRC0012 i • 37m at 0.10% Cu, 827ppm Ni & 162ppm Co from 99m Kinks Target • VCRC0019 ii • 42m
Slide 19: Exceptional Vanadium Recoveries
Exceptional Vanadium Recoveries Up to 99.3% Vanadium Recoveries ii For personal use only • Very high Vanadium recoveries up to 99.3% achieved in sighter testwork on samples from Kinks South. • Main mineralised zone in hole VCRC0006 of 17m at 0.98% V2O5 i achieved 90.9% recovery into magnetic concent
Slide 20: Murchison Region Vanadium Focussed Projects
Murchison Region Vanadium Focussed Projects Regional Vanadium/Titanium Projects For personal use only TECHN- AUSTR- VENUS VIKING SUREFIRE OLOGY ALIAN METALS COMPANY MINES RESOURCES METALS VANADIUM (ASX: (ASX:VKA) (ASX:SRN) (ASX:TMT) (ASX:AVL) VMC) Canegrass Murchison Australian Victory Bore Battery
Slide 21: Critical Mineral Project Rapidly Advancing
Critical Mineral Project Rapidly Advancing Mar Q FY23 Jun Q FY23 Sep Q FY24 Dec Q FY24 Mar Q FY24 Geological interpretation & Category Activity Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar For personal use only targeting to define targets and Historical data compilation and develop ex
Slide 22: Why Invest in Viking Mines
Why Invest in Viking Mines For personal use only Exposure To Critical Large Mineral Resource Mineral Vanadium with Estimate with Huge Cu, Ni, & Co Upside Growth Potential Rapidly Advancing Project Undervalued When with Fully Funded Extensive Compared to Peers With Work Programme Significant Upside P
Slide 23: For more information please contact
For personal use only For more information please contact: Julian Woodcock Managing Director & CEO P +61 8 6245 0870 Zander Beacham White Noise Communications P +61 433 515 723 E zander@whitenoisecomms.com 23
Slide 24: Appendix – Vanadium Company Snapshot
Appendix 1 – Vanadium Company Snapshot TECHNOLOGY AUSTRALIAN SUREFIRE VIKING MINES VENUS METALS NEOMETALS ATLANTIC PTY COMPANY METALS VANADIUM RESOURCES (ASX:VKA) (ASX: VMC) (ASX:NMT) LTD (PRIVATE) (ASX:TMT) (ASX:AVL) (ASX:SRN) For personal use only Murchison Australian Victory Bore and Canegrass Te
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