Axel Ree Ltd. · ASX:AXL
Axel Ree — New World Metals Investment Series 2024
19 slides from Axel Ree's conference presentation, Sep 9, 2024
Slide 1: New World Metals Investor Presentation (ASX announcement)
ASX ANOUNCEMENT ASX : AXL 9 September 2024 NEW WORLD METALS INVESTOR PRESENTATION Axel REE Limited (ASX: AXL, “Axel” or “the Company”) is pleased to announce its participation in the New World Metals Investment Series, which will be held on Tuesday 10 September at Rydges Melbourne and Thursday 12 Se
Slide 2: Critical Minerals Exploration Brazil
For personal use only Critical Minerals Exploration Brazil NEW WORLD METALS CONFERENCE PRESENTATION September Axel REE Limited 2024 1
Slide 3: Disclaimers
Disclaimers These presentation materials and any accompanying verbal presentation (together, the Presentation Materials) have been or fairness of the information, opinions, forecasts, reports, estimates and conclusions contained in this document. No Limited prepared by Axel REE Limited (Company) as
Slide 4: Overview of Axel REE
Overview of Axel REE Four highly prospective REE and REE/Nb Projects in underexplored Brazil Potential for Multiple Four prospective (but underexplored) landholdings in Brazil World-Class Deposits For personal use only Large Landholding & >1,000km² in well-known mining jurisdictions, with access to
Slide 5: Corporate Overview
Corporate Overview Tightly held capital structure, with significant ‘skin in the game’ from Board and Management Capital Structure1 Established Local Infrastructure & Team Ordinary Shares on Issue (including 100M escrowed) 174.5 Million Head Office • Belo Horizonte, Minas Gerais Share Price $0.095 B
Slide 6: Board
Board The Axel REE Board has a track record in pioneering resource discoveries, capital markets and resource project development Board Paul Dickson • More than 30 years’ experience in the finance services industry Non-Executive Chairman • Currently Non-Executive Chairman of Alligator Energy Limited
Slide 7: 2024 Drill Program Launched
2024 Drill Program Launched Axel REE is fully funded to systematically explore and drill its prospective REE and REE/Nb Projects, with first phase exploration programs commenced across three key projects. 1. Caladão For personal use only Phase 1: 2,600m Diamond drilling at Area A plus 3 auger drill
Slide 8: 1. Caladão Project
1. Caladão Project First REE district-scale discovery in a new province in the ‘Lithium Valley’, Minas Gerais New world class potential REE district • Target to fast track to resource definition – two year, 20,000m drill program commenced For personal use only • Big system covering ~400km² project a
Slide 9: 1. Caladão Project
1. Caladão Project Phase 1 drill program to define Axel’s first target JORC Resource (Diamond and Auger drilling) Key Target Areas Area A • Altered granites with confirmed kaolinite clays are excellent hosts for high- For personal use only grade rare earths • Great depth potential, diamond drill pro
Slide 10: 1. Caladão Project – Area A
1. Caladão Project – Area A September Diamond Drill Program Commenced 2,600m Diamond Drill Program • 2,600m diamond drill program commenced • Additional 3 auger drill rigs to define potential target Inferred JORC For personal use only Resource • Part of two year, 20,000m drill campaign • Potential f
Slide 11: 1. Caladão Project: Area A Depth Potential
1. Caladão Project: Area A Depth Potential All mineralised holes ending in REE mineralisation and open at depth, yet to hit interpreted high-grade orebody For personal use only Open Open Open Open Open Deposition model of South China ionic clay cross section with superposition of Caladao Project Are
Slide 12: 1. Caladão Project: Area B
1. Caladão Project: Area B Area B • Favorable topography for thick weathering profiles in situ, the same as Area A • All surface sampling returned significant TREO values1 For personal use only • Prescence of kaolinite clays • Phase 2 drill program to follow Area A (part of 20,000m campaign) • Suffi
Slide 13: 1. Caladão Project – Area B
1. Caladão Project – Area B Axel has discovered REE mineralisation within large circular anomalies Area B: 13km mineralised strike • Strong circular thorium radiometric anomaly indicates large potential intrusive structure of ~18km diameter, predominately associated with granite • Prospective for ho
Slide 14: 2. Caldas Project: South Minas Gerais
2. Caldas Project : South Minas Gerais The Poços De Caldas Alkaline Complex is homogenously enriched with rare earths and is becoming a globally significant intrusive Tier 1 REE Discoveries at the Poços de Caldas Alkaline Complex • The Caldas Project covers 232km2 and licences are situated inside, F
Slide 15: 2. Caldas Project: South Minas Gerais
2. Caldas Project: South Minas Gerais Caldas Project presents as an underexplored REE asset with significant potential 2023 Geochemical Program • 13 out of 28 licences tested (surface sampling) For personal use only • Every licence tested was mineralised with REE • Up to 2,420ppm TREO • High-value M
Slide 16: 2. Caldas Project: South Minas Gerais
2. Caldas Project: South Minas Gerais Scout Drilling Program covering 222km2 Commenced September 2024 Clay-Rich Zones Identified • Thick clay-rich zones along the edges of the Caldera For personal use only identified • Zones of intense weathering along the contact zone with the host alkaline granite
Slide 17: 3. Itiquira Project
3. Itiquira Project Potential company-making project – right geological setting – large geophysical signature, size and structure • The region hosts phosphate-rich alkaline-carbonatite complexes considered to have REE/niobium potential • Associated with the Transbrasiliano lineament and along the 12
Slide 18: 3. Itiquira Project
3. Itiquira Project Potential company-making project – right geological setting – large magnetic signature, size and structure • Airborne magnetic signature shows a similar shape, size, and magnetic response to the major REE/Niobium Complexes in Brazil For personal use only • The possibility of a ci
Slide 19: Contacts
For personal use only CONTACTS Fernando Tallarico – Managing Director fernando@axelreelimited.com.au Paul Dickson – Chairman Andrew Willis – Investor Relations pd@axelreelimited.com.au awillis@nwrcommunications.com.au 18