Oceana Metals Limited · ASX:OCN
Oceana Metals — Oceana Lithium — Investor Presentation (February 2024)
21 slides from Oceana Metals's investor presentation, Feb 26, 2024
Slide 1: Corporate Presentation
For personal use only ASX: OCN 26 February 2024 CORPORATE PRESENTATION Large Scale Highly Prospective Pre-Discovery Projects in Brazil and Australia
Slide 2: Important Notice
IMPORTANT NOTICE This presentation has been prepared by Oceana Lithium Limited (“Oceana” or “Company”). It To the maximum extent permitted by law, no representation, warranty or undertaking, express contains general information about the Company’s activities current as at the date of the or implied,
Slide 3: Projects: Large-Scale, Pre-Discovery Exploration Projects
PROJECTS Large-Scale, Pre-Discovery Exploration Projects in Highly Prospective Geological Provinces For personal use only SOLONÓPOLE LITHIUM PROJECT NAPPERBY PROJECT CEARÁ STATE, BRAZIL NORTHERN TERRITORY, AUSTRALIA ✓ Ideal project location ✓ Located in the west of 3.5 to 4.5-hour drive on Northern
Slide 4: Ceará State – Brazil: Outstanding Location
SOLONÓPOLE LITHIUM PROJECT CEARÁ STATE – BRAZIL For personal use only Outstanding Location • Solonópole is approximately 320 km (3.5 to 4.5-hour drive on sealed roads) from the large and modern Port of Pecém • The flat topography, land use (mostly farm-land) and “caatinga” type of vegetation at Solo
Slide 5: Historic Mines
SOLONÓPOLE HISTORIC MINES • Solonópole permits cover historic artisanal mining sites previously mined LITHIUM PROJECT for lithium, tantalum, niobium and tin For personal use only • Over 50 historical small-scale mines have been identified in field exploration. Mining was only undertaken to less than
Slide 6: Key Results
SOLONÓPOLE LITHIUM PROJECT Key Results For personal use only • Shallow scout drilling completed in 2023 with anomalous lithium grades (up to 0.95% Li2O) and tantalum grades (up to 380 ppm) returned from seven drill holes (NGR-RC-002, NGR-RC-009, NGR-RC-014, SOL-RC-001, SOL-RC-002, SOL-RC-005 and SOL
Slide 7: Systematic Exploration
SOLONÓPOLE LITHIUM PROJECT CEARÁ STATE – BRAZIL Systematic Exploration For personal use only • Large-scale infill soil sampling program (~10,000 soil samples collected to date) • Optimized soil sampling grids along 200m spaced lines with 25m sampling stations, aligned north south to cut across all t
Slide 8: Bom Jesus de Baixo (BJdB)
SOLONÓPOLE LITHIUM PROJECT Bom Jesus de Baixo (BJdB) • Spodumene crystals identified at Bom Jesus de Baixo Pit For personal use only • Good correlation between soil anomalies and mineralised pegmatites at surface • Several soil anomalies with Li content above 192 ppm • Cluster of pegmatite swarms id
Slide 9: Nira Target
SOLONÓPOLE LITHIUM PROJECT Nira Target • Good correlation between soil anomalies, XRF anomalies and mineralised pegmatites at surface For personal use only • Cluster of pegmatite swarms identified • 180 soil samples collected at Nira have returned anomalous lithium values above 100 ppm (up to 524 pp
Slide 10: Lapinha Target
SOLONÓPOLE LITHIUM PROJECT Lapinha Target • Good correlation between soil anomalies and mineralised pegmatites at surface For personal use only • A total of 88 soil samples have been analysed to date, with 27 samples showing lithium anomalous results exceeding 100 ppm • Out of these 27 samples, 15 s
Slide 11: Zilcar II Target
SOLONÓPOLE LITHIUM PROJECT Zilcar II Target • Good correlation between soil anomalies and mineralised pegmatites at surface For personal use only • Potential presence of Amblygonite and / or contamination by Apatite (mineral with high phosphorous content) • Anomalous Tantalum and Caesium values conf
Slide 12: Rolados Target
SOLONÓPOLE LITHIUM PROJECT Rolados Target • Good correlation between soil anomalies and mineralised pegmatites at surface For personal use only • Potential presence of Amblygonite and / or contamination by Apatite (mineral with high phosphorous content) • A total of 21 soil samples (out of 38 soil s
Slide 13: Urubu Target
SOLONÓPOLE LITHIUM PROJECT Urubu Target • At early stage of development • Good correlation between soil anomalies and For personal use only mineralised pegmatites at surface • A total of 22 soil samples were collected at Urubu, of which 17 are located within 5m of the main pegmatite body which strik
Slide 14: Napperby Project: Potential for Lithium, Rare Earth Elements and Uranium
NAPPERBY PROJECT Potential for Lithium, Rare Earth Elements and Uranium For personal use only Favourable geology, great location and logistics • Pine Creek pegmatite province hosts Core Lithium’s Finniss lithium mine • The Northern Arunta pegmatite is the NT’s second lithium province and presents st
Slide 15: Napperby Project: Significant Land Holding with LCT Pegmatites
NAPPERBY PROJECT Significant land holding with Lithium-Caesium-Tantalum (LCT) pegmatites identified For personal use only EL 32836 – granted 23 March 2022 ELA – 32841 (under application) • Nine mineral localities (U, Ta, W, Cu and apatite) are recorded by • Five mineral localities (U, Ta, W, Cu and
Slide 16: Napperby Project: U/Th Ratio and Mineral Occurrences Map
NAPPERBY PROJECT Map showing U/Th ratio and known uranium, thorium and REEs mineral occurrences • The Paleoproterozoic Wangala and Ennugan For personal use only Mountains granites have long been recognised as “Hot Granites” and known to be anomalously enriched in a range of elements including U, Th,
Slide 17: Corporate Snapshot
CORPORATE SNAPSHOT Capital Structure Share price (market close 23 February 2024) $0.055 Register Composition Cash position (as at 31 December 2023) $3.3M (as at 22 February 2024) For personal use only Shares on issue (includes non-tradeable Shares) 82,498,000 Tradeable Shares 52,476,500 Implied ente
Slide 18: Board and Management
BOARD AND MANAGEMENT For personal use only Dr Qingtao Zeng Mr Dan Smith Mr Nicholas Ong Non-Executive Chairman Non-Executive Director and Non-Executive Director Dr Zeng has been extensively involved Company Secretary Mr Ong brings 19 years’ experience in IPO, in the lithium exploration and Mr Smith
Slide 19: Investment Summary
INVESTMENT SUMMARY SOLONÓPOLE LI PROJECT STATE OF CEARA For personal use only • Oceana has two large scale, highly prospective exploration projects in tier one jurisdictions of Brazil and Australia • Solonópole Lithium Project strategically located to BRAZIL become a low-cost producer and potentiall
Slide 20: Cautionary Statement
CAUTIONARY STATEMENT For personal use only The Company cautions that visual observations of the presence of rock or mineral types and abundance should never be considered a proxy or substitute for petrography and laboratory analyses where mineral types, concentrations or grades are the factor of pri
Slide 21: For personal use only
9} » OCEANA (°° OCEANALITHIUM.COM.AU LITHIUM INFO@OCEANALITHIUM.COM.AU FOnpersonal ust:
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