Slide 1: Greenwing Resources Ltd Investor Presentation April 2025
GREENWING RESOURCES LTD Investor Presentation APRIL 2025 GREENWING RESOURCES ASX:GW1 WWW.GREENWINGRESOURCES.COM 1
Slide 2: Disclaimer
DISCLAIMER DISCLAIMER This document has been prepared by Greenwing Resources Ltd ABN 31109933995 (the “Company”). It should not be considered as an invitation or offer to subscribe for or purchase any securities in the Company or as an inducement to make an invitation or offer with respect to those
Slide 3: Disclaimer: Competent Person Statement
DISCLAIMER COMPETENT PERSON STATEMENT The information in this document that relates to Exploration Results, Exploration Targets and Mineral Resources in relation to the Madagascan Projects is based on information previously released to ASX, particularly noting the information relating to the Graphit
Slide 4: Greenwing Resources Summary
GREENWING RESOURCES SUMMARY Greenwing Resources has a well developed asset portfolio including three separate and distinct Mineral Resources. Greenwing is currently valued at circa A$10m offering compelling long term value. San Jorge Lithium Brine Project (Argentina) - An initial Mineral Resource(1)
Slide 5: Greenwing Resources Overview
GREENWING RESOURCES OVERVIEW A company deliberately aligned to what it sees as compelling long term fundamentals in both lithium and graphite markets. A company with a highly credentialed and experienced management team with extensive Lithium and Graphite experience. A well developed portfolio
Slide 6: Greenwing Resources Board & Management
GREENWING RESOURCES BOARD & MANAGEMENT HIGHLY CREDENTIALED TEAM THAT HAS BROUGHT PROJECTS FROM EXPLORATION TO PRODUCTION RICK ANTHON PETER WRIGHT JAMES BROWN Non-Executive Chairman Non-Executive Director Executive Director / CEO 35 years' experience in commercial law 35 years of global mining experi
Slide 7: San Jorge Lithium Project, Argentina
SAN JORGE LITHIUM PROJECT ARGENTINA GREENWING RESOURCES ASX:GW1 WWW.GREENWINGRESOURCES.COM 7
Slide 8: San Jorge Lithium Project Argentina
SAN JORGE LITHIUM PROJECT ARGENTINA • 100% ownership of 15 granted exploration licences covering entire salar and additional 36,000 hectares surrounding delivering significant strategic value in worlds premier lithium jurisdiction(4) • Comprehensive surface exploration work and maiden drilling progr
Slide 9: San Jorge Lithium Project Maiden Mineral Resource
SAN JORGE LITHIUM PROJECT MAIDEN MINERAL RESOURCE • Maiden Mineral Resource Estimate(1) 1.07Mt of Lithium Carbonate Equivalent (LCE) - 670,000t Indicated (62.7% of resource) 400,000t inferred • Material discovery from initial 6-hole program - most prospective areas of salar are yet to be drilled, le
Slide 10: Graphmada Graphite Project, Madagascar
GRAPHMADA GRAPHITE PROJECT MADAGASCAR GREENWING RESOURCES ASX:GW1 WWW.GREENWINGRESOURCES.COM 10
Slide 11: Graphmada Graphite Mining Complex
GRAPHMADA GRAPHITE MINING COMPLEX Graphite Resource with successful production history and expansion potential • 20 + year mining permits along with current landholder agreements • Currently on care and maintenance pending expansion • Processing plant in place with 20 months of premium concentrate p
Slide 12: Graphmada Graphite Mining Complex: Established & Growing Resource
GRAPHMADA GRAPHITE MINING COMPLEX: ESTABLISHED & GROWING RESOURCE Extensive mineralisation from Lohorano in the north to Ambatofafana in the south, with Mineral Resource of 61.9Mt at 4.5% FC, total contained graphite of over 2.7 Mt(2) CONTAINED TONNES (MT) FC% GRAPHITE (KT) Measured 18.7 4.9 911 Ind
Slide 13: Que River Project, Tasmania, Australia
QUE RIVER PROJECT TASMANIA, AUSTRALIA GREENWING RESOURCES ASX:GW1 WWW.GREENWINGRESOURCES.COM 13
Slide 14: Que River Project, Tasmania
QUE RIVER PROJECT, TASMANIA • The Que River deposit is a high grade polymetallic, volcanic hosted massive sulphide (VMS) deposit, located within the middle Cambrian Mount Read Volcanics; host to other western Tasmanian VMS deposits such as Hellyer, Rosebery, Hercules, Henty and Mt Lyell. • Located i
Slide 15: Que River Project, Tasmania Mineral Resource
QUE RIVER PROJECT, TASMANIA MINERAL RESOURCE SUMMARY MINERAL RESOURCE ESTIMATE(3) Zn Pb Cu Au Ag Density ZnEq kt Resource Location Classification % % % g/t g/t t/m3 % UG Indicated 1,618 2.9 1.4 0.34 0.77 47 3.30 9.0 underground Inferred 329 3.6 1.8 0.34 0.69 48 3.33 9.7 subtotal 1,947 3.0 1.4 0.34 0
Slide 16: Que River, Tasmania Exploration Potential
QUE RIVER, TASMANIA EXPLORATION POTENTIAL • Greenwing currently working through a comprehensive data set for the Que River Project inclusive of circa 1300 drill holes from within the 1984/68L Mining Lease. Greenwing is addition has historic production figures, metallurgical recoveries and processing
Slide 17: Equity Raising
EQUITY RAISING GREENWING RESOURCES ASX:GW1 WWW.GREENWINGRESOURCES.COM 17
Slide 18: Greenwing Resources Equity Raising
GREENWING RESOURCES EQUITY RAISING Offer structure and size An equity raising of up to $3.5m comprising: - A placement of up to $1.1m (tranche 1) - A conditional placement of up to $1.4m (tranche 2) - A share purchase plan (SPP) to raise up to $1.0m Issue price $0.03 Discounts The issue price of $0.
Slide 19: Greenwing Resources Equity Raising: Timetable and Capital Structure
GREENWING RESOURCES EQUITY RAISING Offer timetable Capital Structure Trading halt 23 April 2025 Shares on issue 240.7m Announcement of Equity Raising and 28 April 2025 Placement – tranche 1 36.0m lifting of trading halt Conditional Placement –tranche 2 47.3m Issue of placement shares – tranche 1 6 M
Slide 20: Greenwing Resources Catalysts
GREENWING RESOURCES CATALYSTS Over the coming 6 -12 months the Company is planning to: Corporate – assessing development, funding and investment options for its three projects with JORC Mineral Resources - San Jorge, Graphmada and Que River - with a view to crystallising value for shareholders. San
Slide 21: Greenwing Resources Looking Forward
GREENWING RESOURCES LOOKING FORWARD Greenwing holds three declared mineral resources over three different projects in different commodities. Fundamentals of both lithium and graphite remain strong Greenwing is well positioned to inevitable recovery in concentrate prices of lithium and graphite San F
Slide 22: References
REFERENCES (1) ASX ANNOUNCEMENT DATED 27 MAY 2024 ‘SAN JORGE LITHIUM BRINE PROJECT – MAIDEN MINERAL RESOURCE ESTIMATE’ (2) ASX ANNOUNCEMENT DATED 12 JULY 2022 - ‘212% INCREASE IN GRAPHITE RESOURCE AT GRAPHMADA MINING COMPLEX’. REPORTED IN ACCORDANCE WITH THE 2012 AUSTRALASIAN CODE FOR REPORTING OF E
Slide 23: Appendix 1 Que River Zinc Equivalent Calculations
APPENDIX 1 QUE RIVER ZINC EQUIVALENT CALCUATIONS The Mineral Resource outlined on slide 15 is reported at a 5% ZnEq cut-off where: ZnEq = Zn + 0.7 Pb +2.1 Cu +0.04 Ag + 3.3 Au Que River is predominantly considered a zinc-lead mine, however considerable value is associated with gold andsilver grades
Slide 24: Contact
CONTACT Peter Wright | CEO/Executive Director E. peter@greenwingresources.com M. 0404 945 189 Greenwing Resources Ltd ABN 31 109 933 995 www.greenwingresources.com ASX:GW1 GREENWING RESOURCES ASX:GW1 WWW.GREENWINGRESOURCES.COM 24