Strata Minerals Limited · ASX:SMX
Strata Minerals — NickelX — Investor Presentation (May 2021)
18 slides from Strata Minerals's investor presentation, May 2021
Slide 1: Corporate Presentation
CORPORATE PRESENTATION NICKEL DISCOVERY, DEVELOPMENT AND ACQUISITION www.nickelximited.com MAY 2021
Slide 2: Building nickel sulphide assets
Building nickel sulphide assets Drill ready targets and a pipeline of opportunities • NickelX Limited (ASX:NKL) recently listed on the ASX raising the maximum amount under the offer of $7,000,000 and is now fully funded to execute its exploration and business development plans. • The immediate focus
Slide 3: Team with significant nickel experience
Team with significant nickel experience Deep corporate and technical capabilities Management Experience Mr Downes is a mining executive with 25 years’ experience in the mining industry and has Jonathan Downes worked in various geological and corporate capacities. Jonathan has experience with Chairma
Slide 4: Nickel demand a generational opportunity
Nickel demand a generational opportunity Overall Nickel Demand from EV’s Nickel use in the EV sector has more than doubled since 2016 – and is projected to rise 15-fold by 2025 Source: CRU, JP Morgan, Bloomberg, Casey Research 4 17
Slide 5: A world class Nickel belt emerging
A world class Nickel belt emerging Post Nova, significant Ni-Cu discoveries continue AFO still emerging (only 10+ years old & 0.3Mt Ni), compared to the other Ni belts such as Thompson (40+ years old & 2.7Mt Ni) Significant discoveries continue to be made along the AFO inc. Silver Knight, (Creasy) M
Slide 6: Drill ready Biranup Nickel Project
Drill ready Biranup Nickel Project ~400km2 of granted drill ready tenure 6 granted tenements covering a total area of ~400km2 within the Biranup Zone of the AFO, West Australia The project area is drill ready and pre-dates Native Title and no Pastoral Leases allowing immediate access for work Good a
Slide 7: Major gravity structure identified
Major gravity structure identified Key ingredient for major base metal deposit formation Continent-Scale Gravity Structure Residual Bouguer Gravity (Res 0-500) Tropicana (10 Moz Au) Tropicana (10 Moz Au) 7
Slide 8: Twenty (20) EM Conductor targets
Twenty (20) EM Conductor targets 4 high priority targets defined to date • 20 EM conductors identified utilising the SPECTREM Airborne EM system over the ~400km2 project. • SPECTREM is a fixed-wing time domain STEP response AEM system developed to detect massive sulphides. • 4 High Priority targets
Slide 9: Fire Dragon Nickel target
Fire Dragon Nickel target Strong conductor response across three target areas • MLEM surveys and Downhole electromagnetic (DHEM) surveys have refined the regional SPECTREM conductors. • Very limited drilling including only 2 RC and 2 DDH’s have been completed. • DDH’s intersected a sulphide rich zon
Slide 10: Fire Dragon Nickel target
Fire Dragon Nickel target Massive sulphides (Chalcopyrite + Pentlandite) from limited drilling 10
Slide 11: Silver Dragon Nickel target
Silver Dragon Nickel target Coincident soil anomaly, EM conductor and Ultramafic • Well defined ovoid, 2.8km-long and 1.5km-wide magnetic “EYE” feature • Spatially overlapping nickel-copper in soil and auger anomalism + mafic-ultramafic intrusive • MLEM surveying has identified an anomalous EM respo
Slide 12: Black Dragon Gold target
Black Dragon Gold target Major gold trend emerging with very recent regional discoveries 12
Slide 13: Exploration strategy and catalysts
Exploration strategy and catalysts There is no substitution for hard work • Nickel X is committed to investing the funds in the ground and backing our exploration team’s values, concepts, plans and drilling programs • We have assembled a very high quality and experienced exploration team at the boar
Slide 14: Capital Structure
Capital Structure Well valued MC and EV Current Price $0.17 Shares on issue(undiluted) 68,600,004 Market Cap. at IPO (undiluted) $11,662,000 Shares on issue (fully diluted) 77,750,004 Market Cap. (fully diluted) $13,217,500 Current Enterprise Value (EV) $4,662,000 14
Slide 15: Use of Funds
Use of Funds Drilling is our veritas vincit A$ % of Funds Existing cash reserves ~$7,471,924 100% Exploration at Biranup $4,055,000 54.3% Exploration at Ponton $605,000 8.1% Expenses of the Offer $678,603 9.1% Administration costs $1,643,192 22.0% Working capital $490,129 6.6% Total $7,471,924 100%
Slide 16: Value Proposition
Value Proposition Very well valued and considered nickel explorer • Building Nickel sulphide assets and capabilities in a world class district and a high growth market • Aggressive drilling, geophysics and evaluation programs planned for 2021 and 2022 • Primary investment drivers: Very strong marke
Slide 17: Important Information
Important Information Disclaimer, Forward Looking and CP Statements ABOUT NICKELX LIMITED NickelX Limited is an Australian, ASX listed, Nickel and Copper exploration company exploring for high-grade Nova-type magmatic Nickel-Copper deposits in the world class Albany Fraser Belt (AFB), located in Wes
Slide 18: Corporate Presentation
CORPORATE PRESENTATION NICKEL DISCOVERY, DEVELOPMENT AND ACQUISITION www.nickelximited.com MAY 2021