Viridis Mining And Minerals Limited · ASX:VMM
Viridis Mining And Minerals — Investor Presentation (May 2024)
21 slides from Viridis Mining And Minerals's investor presentation, May 9, 2024
Slide 1: Colossus Ionic Clay Project Investor Presentation
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 63.76 million Rafael Moreno Carly Terzanidis For personal use only Chief Executive Officer Company Secretary Share Price1 $1.43 Market Capitalisation (MC)1 $91.17 Million info@viridismining.com.au cosec@viridismining.com.
Slide 4: Highly Experienced Team: Strong Leadership, Technical & Commercial Experience
Highly Experienced Team: Strong Leadership, Technical & Commercial Experience Rafael Moreno Agha Shahzad Pervez Timothy Harrison Chief Executive Officer Executive Chairman Non-Executive Director Mr. Moreno is a Chartered Professional Mr. Pervez is an experienced Company Mr. Harrison has over 23 year
Slide 5: 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 Geology Alkaline complex (>27,000ppm), significant HREO from surface Significant For personal use only Since project acquisition, landholding in and around Al
Slide 6: Rare Earths Market
For personal use only Rare Earths Market Developing a new chain of Critical Metals 6
Slide 7: Ionic Clays: A Disruptive Rare Earth Opportunity
Ionic Clays: A Disruptive Rare Earth Opportunity IONIC CLAYS HARD ROCK For personal use only Clay hosted soft material requiring no blasting Requirement of blasting MINING Mineralisation occurs at surface Mineralisation can occur at depth requiring large AND EXPLORATION Minimal stripping amounts of
Slide 8: Rare Earths: Race to Develop Western Supply Chain
Rare Earths: Race to Develop Western Supply Chain Poços De Caldas Alkaline Complex presents an opportunity to be the next South China Rare Earth Hub “Significant investment by governments in the US, the EU and Australia is now going into rare earths…However, there For personal use only must be furth
Slide 9: Rare Earths: Technology Metal For a Green Future
Rare Earths: Technology Metal For a Green Future Each Hybrid Vehicle Uses 4.5kg of REE on Average Forecast NdFeB Magnet UV Glass: Cerium Fuel Additive: Glass Polishing Cerium, Continuous Powder: Cerium Lanthanum Consumption demand growth For personal use only LCD Display: Europium, into 2032 Yttrium
Slide 10: Colossus Project
For personal use only Colossus Project Progressing from Grassroots Exploration to Development 10
Slide 11: Colossus: Strategic Land Position in Ideal Location
Colossus: Strategic Land Position in Ideal Location Unlocking the true geological For personal use only potential of the Colossus Project Poços De Caldas (“PDC”) – Largest Alkaline Complex in Southern Hemisphere and is homogenously mineralised with Rare Earths. Local community is supportive of minin
Slide 12: Northern Concessions: Prime Position
Northern Concessions: Prime Position Northern Progress For personal use only Viridis has gone from a greenfield acquisition to delineating numerous areas >4,000ppm TREO within its Mining Licenses2 Located 2km away from the largest plant in the Complex operating since 1965. Allowing unparalleled acce
Slide 13: Northern Concessions: A New Frontier
Northern Concessions: A New Frontier 600 400 200 0 5,000 10,000 15,000 20,000 25,000 FAZENDA: Heavy Rare Earth ppm Dy2O3 ppm TREO Potential Uncovered 1 Tb4O7 For personal use only 5 FZ-RC-029 returned 5.5m at 14,896ppm TREO within 18.5m at 6,253ppm TREO from 1m. Including 23,556ppm TREO: 7,407ppm Nd
Slide 14: Cupim South: Mega Growth Potential
Cupim South: Mega Growth Potential Cupim South Only ~14% of Cupim South has been explored to date already yielding world-class results1 : For personal use only CS-DDH-001: 24.0m @ 4,573ppm TREO CS-DDH-003: 46.0m @ 3,285ppm TREO CS-DDH-005: 62.5m @ 2,218ppm TREO CS-RC-073: 17m @ 4,427ppm TREO CS-AG-0
Slide 15: Colossus: A True Ionic Clay REE Project
Colossus: 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] 0.01ppm of U and <0.01ppm of Th (below detection limit) For personal use only Unoptimised conditions providing ANSTO with sig
Slide 16: 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 consisting of Fazenda, Caminho Das Pedras, Central and Carijo Pro
Slide 17: Government Signed MOUs: De-risking the Colossus Approvals Process
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 18: 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 19: 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 19 Viridis Mining
Slide 20: 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 21: 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 21 Viridis Mining and Minerals Ltd - Colossus Ionic Clay Projec
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