Critica Limited · ASX:CRI
Critica — Venture Minerals — Noosa Mining Investment Conference 2021
24 slides from Critica's conference presentation, November 2021
Slide 1: Noosa Mining Investment Conference
NOOSA MINING INVESTMENT CONFERENCE 10-12 NOVEMBER 2021 ASX : VMS
Slide 2: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement FORWARD LOOKING STATEMENT This presentation may contain certain forward-looking statements and projections regarding: estimated, resources and reserves; planned production and operating costs profiles; planned capital requirements; and planned strategies
Slide 3: Highlights
Highlights • Mount Lindsay Tin- Tungsten Underground Feasibility Study has commenced, leveraging off previous open-pit study which included >100,000m of diamond core drilling; • Recommenced Tin Exploration at Mount Lindsay leading to the discovery of two new mineralised Skarns, Venture is the only A
Slide 4: Corporate Snapshot
Corporate Snapshot Market Snapshot ASX:VMS Share Price and Volume Share Price (A$) Volume (Millions) 0.20 Shares on issue 1,385m 200 Share price 4.4c 0.15 150 Unlisted options1 45.9m 0.10 Market capitalization 62.3m 100 Cash balance (30 Sep 2021) 9.0m 0.05 50 Debt (30 Sep 2021) 0.0m 0.00 0 Enterpris
Slide 5: Directors and Key Management
Directors and Key Management A dedicated management team with a wealth of experience and credited with a number of discoveries both in Australia and internationally Mel Ashton Hamish Halliday Andrew Radonjic Dr Stuart Owen Non-Executive Chairman Non-Executive Director Managing Director Exploration M
Slide 6: Project Locations
Project Locations Golden Grove North Project Zn-Cu-Au North West Tasmanian Projects Mount Lindsay Tin-Tungsten & Riley Iron Ore Mine South West Project Chalice JV Thor & Odin Ni-Cu-PGE Kulin Project Au & Ni-Cu-PGE NOOSA INVESTOR CONFERENCE | 10-12 NOVEMBER 2021 Page 6
Slide 7: Location of Mount Lindsay Tin-Tungsten Deposit
Location of Mount Lindsay Tin-Tungsten Deposit Mount Lindsay Tin-Tungsten Project NOOSA INVESTOR CONFERENCE | 10-12 NOVEMBER 2021 Page 7
Slide 8: Tin for the future
Tin for the future Tin is an important part of the Fourth Industrial Revolution through solder which is the glue that connects everything that is electronic; Tin is technically diverse and hence is also an important part of the Green Industrial Revolution as this is led by technology as the worl
Slide 9: Today's and Tomorrow's Applications for Tin
Today’s and Tomorrow’s Applications for Tin Solder market technology drivers: Electronics miniaturisation impact fading, Lead-free conversion has resumed. 5G to lead the new electronics era: Currently ~400g of Tin per car 5G to be the platform for connected future, Two phases of infrastr
Slide 10: Could a lack of ESG compliant tin supply affect the pace of energy transition?
“Could a lack of ESG compliant tin supply affect the pace of energy transition?” – Wood Mackenzie There is no shortage of tin supply potential, but ESG risk is a factor Venture as an Australian tin producer can capitalise on global demand for ESG compliant tin Global Tin Reserves (kt) 2500 2000
Slide 11: Tungsten Ore at Mt Lindsay: A Critical Mineral
Tungsten Ore at Mt Lindsay: A Critical Mineral Tungsten is ranked by the British Geological Surveys, US Department of Defence, the European Commission, Japan, Russia and Australia as a 'critical' mineral: • Due to its economic importance, • Supply risk – dominance of China in the market, • Inability
Slide 12: EV Metal and Critical Minerals Demand, time to re-assess Mount Lindsay
EV Metal and Critical Minerals Demand, time to re-assess Mount Lindsay EV Metal and Critical Minerals demand drives re-assessment of the high grade tin and tungsten resource base at Mount Lindsay; Uniquely positioned with Mount Lindsay being one of the largest undeveloped tin projects in the wor
Slide 13: Mount Lindsay Highlights
Mount Lindsay Highlights More than 100,000m of diamond core drilling has been completed on the project by predominately Venture, most of which has been used to define JORC compliant resources with ~70% in the Measured & Indicated categories; Open Pit Feasibility Study completed with comprehensiv
Slide 14: High Grade Tin-Tungsten Targets
High Grade Tin-Tungsten Targets Mount Lindsay Drill Intersections 26 m at 2.7% Tin 18m at 2.2% Tin 12 m at 1.7% WO3 8 m @ 1.4% WO3 Renison Style Drill Targets Renison Bell Tin Mine (50% MLX) Produced > 230,000t of Tin. Combined Resources of Measured/Indicated/Inferred: 291,600t of Tin* *Source: MLX
Slide 15: New Tin Drilling Discovers Large Mineralised Skarn along strike from Renison Bell
New Tin Drilling Discovers Large Mineralised Skarn along strike from Renison Bell Tin Mine NOOSA INVESTOR CONFERENCE | 10-12 NOVEMBER 2021 Page 15
Slide 16: New Tin Drilling intersects Sulfide rich Skarn along strike to Mount Lindsay
New Tin Drilling intersects Sulfide rich Skarn along strike to Mount Lindsay Deposit NOOSA INVESTOR CONFERENCE | 10-12 NOVEMBER 2021 Page 16
Slide 17: Chalice JV with Venture on Julimar lookalike in the South West Project
Chalice JV with Venture on “Julimar lookalike” in the South West Project Chalice Mining (ASX:CHN) who recently discovered the new exciting Julimar Ni-Cu-PGE discovery in a new province near Perth, Western Australia has committed to spend up to $3.7M to earn 70% in Venture’s South West Project; C
Slide 18: Chalice on ground preparing Julimar lookalike target for potential drilling
Chalice on ground preparing ‘Julimar lookalike’ target for potential drilling first half 2022 Chalice has commenced a ground EM program on Venture’s South West Ni-Cu-PGE Project over selected areas of the ‘Julimar lookalike’ magnetic anomaly (Thor Target) with $300k to be spent by the end of Novem
Slide 19: Julimar and South West Projects aeromagnetic signatures of a similar scale
Chalice’s Julimar and Venture’s South West Projects aeromagnetic signatures of a similar scale * Refer Chalice Gold Mines ASX announcement 21st July 2020 NOOSA INVESTOR CONFERENCE | 10-12 NOVEMBER 2021 Page 19
Slide 20: Julimar and South West Projects also have EM anomalies of a similar scale
Chalice’s Julimar and Venture’s South West Projects also have EM anomalies of a similar scale * Refer Chalice Gold Mines ASX announcement 22nd September 2020 NOOSA INVESTOR CONFERENCE | 10-12 NOVEMBER 2021 Page 20
Slide 21: Chalice delivers early success from ground EM on Julimar lookalike target
Chalice delivers early success from ground EM on ‘Julimar lookalike’ target Chalice has generated new EM anomalies from the early stages of the ground EM program on Venture’s South West Nickel-Copper-PGE Project; Chalice’s geophysical survey is part of the first stage of the JV earn-in focused o
Slide 22: Chalice's ground EM conductor models on aeromagnetics over the Thor Target
Chalice’s ground EM conductor models on aeromagnetics over the Thor “Julimar lookalike” Target Massive Sulfides in TOR05 from drilling at the Thor “Julimar lookalike” Target intersected 2.4m of Massive Sulfide averaging 0.5% Copper, 0.05% Nickel, 0.04% Cobalt and anomalous gold & palladium. NOOSA IN
Slide 23: Key investment highlights
Key investment highlights • The advanced Mount Lindsay Tin-Tungsten Project is well positioned to take advantage of the strong EV and critical mineral markets as the Tin price sits at record levels; • Venture Minerals is targeting ESG Tin Production from Mount Lindsay to capitalize on the global dem
Slide 24: Thank You
THANK YOU LY VENTURE
Venture Minerals — Noosa Mining Investment Conference 2021 on 6ix