Chilwa Minerals Ltd · ASX:CHW
Chilwa Minerals — Investor Presentation (October 2024)
18 slides from Chilwa Minerals's investor presentation, Oct 3, 2024
Slide 1: Lake Chilwa Mineral System Market Update
For personal use only LAKE CHILWA MINERAL SYSTEM MALAWI Market Update ASX:CHW OCTOBER 2024 ASX:CHW chilwaminerals.com.au
Slide 2: Disclaimer
Disclaimer For personal use only These presentation materials and any accompanying verbal presentation (together, the Presentation Materials) have been prepared by Compliance Statement Chilwa Minerals Limited (Company) as at 2 October 2024 and statements are current only as at that date. Information
Slide 3: Corporate Snapshot
Corporate Snapshot CHW 67.7M 21.8M BOARD OF DIRECTORS For personal use only TICKER CODE SHARES ON ISSUE SHARES ESCROWED* Alexander Shaw $4.1M $66.38M $62.28M Non-Executive Chairman CASH MARKET CAP ENTERPRISE VALUE Alexander is an accomplished geologist with +15 years of global experience in explorat
Slide 4: Strategic Location
Strategic Location For personal use only Malawi is a landlocked country in Southeastern Africa with a population of ~19.4M The country is a democratic, multi-party republic whose economy is largely reliant upon agriculture Malawi is an underexplored country and an emerging mining destination with a
Slide 5: Highly Prospective Region
Highly Prospective Region For personal use only Chilwa Mineral Sands (Chilwa, ASX:CHW) Existing Inferred Resources of 61.6Mt at 3.9% THM1 Kangankunde REE (Lindian, ASX:LIN) Indicated & Inferred Resource 261Mt at 2.14% TREO for 1.1Mt contained NdPr2 Liwonde Songwe Hill REE (Mkango, LSE:MKA) Total M&I
Slide 6: Multi Commodity Potential
Multi Commodity Potential Mineral Sands, Rare Earths and Niobium offer multiple value-adding paths For personal use only Mineral Sands Rare Earths and Niobium JORC-2012 Mineral Resources defined at 11 deposits Over 12 known carbonatites in and around Chilwa Minerals System Current sonic drill progra
Slide 7: HMS: Existing Inferred Mineral Resources
HMS: Existing Inferred Mineral Resources MPOSA For personal use only Drilling underway at this deposit. Mposa (Main) has an existing Inferred MRE of 19.4Mt at 4.3% THM for 0.83Mt THM (1% cut-off)¹ BIMBI Consists of Bimbi & Northeast Bimbi HALALA Includes prospects Halala, Nkotamo, Beacon & Namanja W
Slide 8: HMS: Mposa Sonic Drilling Delivering High Grades
HMS : Mposa Sonic Drilling Delivering High Grades 17,000 metre sonic drill program is underway, with Mposa For personal use only tested first Higher recoveries (compared to aircore) has resulted in significantly higher grades and thicknesses Better results to date include: • 5m @ 30.8% THM from surf
Slide 9: Mposa Sonic Drilling Upgrade
Mposa Sonic Drilling Upgrade Typical Historic Aircore Typical Chilwa Sonic For personal use only ~6m @ 4% THM 10-12m @ 10-20% THM Historical Aircore Chilwa Minerals Sonic Hist. 60% avg1 RECOVERY 90-95% CHW avg2 MRE CHW 3.2% avg1 ILMENITE 38.7% avg3 MRE CHW 0.4% avg1 ZIRCON 8% avg3 CHW n/a RUTILE 2.8
Slide 10: HMS Development Opportunity
HMS Development Opportunity • Four initial key prospects: For personal use only • Mposa • Bimbi • Mpyupyu • Namasalima • Drilling to upgrade MRE to Measured & Indicated categories • Metallurgical Testwork underway • Update Scoping Study and commence focused PFS/DFS ASX:CHW chilwaminerals.com.au 10
Slide 11: Rare Earths and Niobium – Upside
Rare Earths and Niobium – Upside An aeromagnetic and radiometric survey was recently completed over the entire Chilwa Mineral System For personal use only 47 anomalies/targets have been defined for follow up. Initial drilling in Mposa area • Majority of new REE targets occur in southern half of proj
Slide 12: Mposa Rare Earths and Niobium Targets
Mposa Rare Earths and Niobium Targets • At Mposa, REE mineralisation has already been intersected in clays in For personal use only the HMS-focused sonic drill program. MPOSA NE • Three large scale, high priority REE targets were defined by the geophysics program. MPOSA • Diamond drilling has commen
Slide 13: Ongoing Mota Engil Relationship
Ongoing Mota Engil Relationship For personal use only Mota Engil Zalewa camp • Can accommodate 800 people • Currently, housing Chilwa team and support services Offices, sheds, vehicles all available to Chilwa team New ALS separation lab being installed Significant cost saving to Chilwa, both now and
Slide 14: Planned Activities – Next Months
Planned Activities – Next 12 Months For personal use only HMS Sonic Drilling HMS ACTIVITY HMS MRE Upgrade HMS Scoping Study Update* HMS Pre-Feasibility Study* Sep 2024 Nov 2024 Jan 2025 Mar 2025 May 2025 Jul 2025 Sep 2025 Nov 2025 Jan 2026 Soil Sampling CARBONATITE ACTIVITY Carbonatite Targets REE &
Slide 15: Focused on ESG
Focused on ESG For personal use only COMMUNITY LOCAL ENVIRONMENTAL LOCAL FOCUSED EMPLOYMENT BEST PRACTICE PROCUREMENT Mota Engil, Chilwa’s major Wherever possible, Chilwa The use of diamond and Wherever possible, Chilwa shareholder, has been active aims to employ local sonic drilling have a less aim
Slide 16: Key Takeaways
Key Takeaways Prospective Mineral System Emerging Jurisdiction For personal use only Inferred mineral sands resource Stable regime with government prioritising Agriculture, • Higher grade, improved mineralogy Tourism and Mining (ATM Strategy) as key focus sectors Rare earth and niobium upside • 47 c
Slide 17: Appendix A – Mineral Resource Estimate
Appendix A – Mineral Resource Estimate A Mineral Resource Estimate for the Chilwa mineral sands project has been classified and reported in accordance with the JORC Code (2012). The Mineral Resource Estimate has been classified as Inferred, at a 1.0 % THM cut-off is estimated to contain 2.4 Mt of TH
Slide 18: Contact Us
For personal use only CONTACT US Cadell Buss Managing Director Chilwa Minerals Limited +61 439 919 364 cbuss@chilwaminerals.com.au Andrew Rowell White Noise Communications andrew@whitenoisecomms.com ASX:CHW chilwaminerals.com.au
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