Chilwa Minerals Ltd · ASX:CHW
Chilwa Minerals — Shareholder Meeting (November 2024)
23 slides from Chilwa Minerals's shareholder meeting presentation, Nov 7, 2024
Slide 1: 2024 AGM – Chair Address & Presentation (ASX Announcement)
ASX ANNOUNCEMENT 7 November 2024 2024 AGM – CHAIR ADDRESS & PRESENTATION Chilwa Minerals Limited (ASX: CHW) (“Chilwa” or the “Company”) is pleased to provide the Chair’s address and presentation for the Company’s 2024 Annual General Meeting being held today, Thursday 7 November 2024. AUTHORISATION S
Slide 2: Chair's address by Dr Alexander Shaw
7 November 2024 | ASX Announcement 2024 AGM – CHAIR ADDRESS & PRESENTATION Non-Executive Chair of the Board of Directors, Dr Alexander Shaw’s address: Today, we sign off on our first year as a listed company, following the Initial Public Offering, or IPO, in July 2023, where Luso Mining, of which I
Slide 3: Lake Chilwa Mineral System, Malawi – 2024 Annual General Meeting
For personal use only LAKE CHILWA MINERAL SYSTEM MALAWI 2024 Annual General Meeting ASX:CHW NOVEMBER 2024 ASX:CHW chilwaminerals.com.au
Slide 4: Disclaimer
Disclaimer These presentation materials and any accompanying verbal presentation (together, the Presentation Materials) liability arising out of fault or negligence, for any loss arising from the use of or reliance on information contained in have been prepared by Chilwa Minerals Limited (Company) a
Slide 5: Corporate Snapshot
Corporate Snapshot CHW 67.7M 21.8M Capital BOARD OF DIRECTORS For personal use only TICKER CODE SHARES ON ISSUE SHARES ESCROWED* Raise of $2.24M $66.38M $62.28M $6.7m Alexander Shaw Non-Executive Chairman CASH MARKET CAP ENTERPRISE VALUE $6m Private Alexander is an accomplished geologist with +15 ye
Slide 6: Share price performance comparisons in the sector
Share price performance comparisons in the sector Assay lab on site 47 REE targets Chilwa Minerals Ltd 600% Mposa mineralisation >1500m For personal use only Image Resources NL Aeromag survey Identification of REEs Sheffield Resources Limited 500% First HMS assays Base Resources Limited Mineral Comm
Slide 7: The Beginnings of Multi Commodity Critical Mineral Asset
The Beginnings of Multi Commodity Critical Mineral Asset Mineral Sands, Rare Earths and Niobium offer multiple value-adding paths use only Mineral Sands Rare Earths & Niobium JORC-2012 Mineral Resources defined at Over 12 known carbonatites in and around Chilwa 11 deposits Minerals System personal C
Slide 8: Structured for multi stream functionality in Malawi
Structured for multi stream functionality in Malawi Malawi Hire Keith B (CHW) - Chief Project Geologist Evelyn K (CHW) –Procurement Manager Lilongwe For personal use only HSEC Team (HMS&REE) Asmaou A (CHW) - Database manager (HMS/REE) Zalewa Heavy Mineral Sands – Lake Chilwa deposits – Development R
Slide 9: HMS: Growing Inferred Mineral Resources
HMS: Growing Inferred Mineral Resources MPOSA For personal use only Drilling underway at this deposit. Mposa (Main) has an existing Inferred MRE Initial Scoping Study Focus of 19.4Mt at 4.3% THM for 0.83Mt THM (1% cut-off)¹ BIMBI Consists of Bimbi & Northeast Bimbi NAMASALIMA New prospect that does
Slide 10: HMS: Mposa Sonic Drilling Delivering High Grades
HMS : Mposa Sonic Drilling Delivering High Grades 30,000 metre sonic drill program is underway, with Mposa For personal use only tested first Second sonic rig to commence drilling in November Higher recoveries (compared to aircore) has resulted in significantly higher grades and thicknesses Better r
Slide 11: Mposa - Sonic Drilling Results
Mposa - Sonic Drilling Results 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 3.2% MRE avg1 ILMENITE 38.7% CHW avg3 CHW 0.4% MRE avg1 ZIRCON 8% avg3 CHW n/a RUTILE 2
Slide 12: 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 • Potential 52 new HMS targets ASX
Slide 13: Rare Earths and Niobium – Additional Focus
Rare Earths and Niobium – Additional Focus An aeromagnetic and radiometric survey was recently For personal use only completed over the entire Chilwa Mineral System 47 anomalies/targets have been defined for follow up. Initial drilling in Mposa area • Majority of new REE targets occur in southern ha
Slide 14: Mposa Rare Earths and Niobium Targets
Mposa Rare Earths and Niobium Targets • At Mposa, REE mineralisation has already been intersected in clays For personal use only in 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 commence
Slide 15: 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 16: 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 17: Ongoing Mota Engil Relationship
Ongoing Mota Engil Relationship Mota Engil Zalewa camp For personal use only • 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 18: Government Relations
Government Relations For personal use only Chilwa has developed and maintained a good relationship with the Government of Malawi, with several meetings held throughout the year. Both parties recognise the importance of the development of a vibrant mining sector to the Malawi economy. Over the course
Slide 19: ESG & local community support are the keys to Success
ESG & local community support are the keys to Success 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 sonic Wherever possible, Chilwa shareholder, has been active aims t
Slide 20: 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 21: 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 22: 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 23: 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 +61 400 466 226 andrew@whitenoisecomms.com ASX:CHW chilwaminerals.com.au
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