Search Minerals Inc. · TSXV:SMY
Search Minerals — Investor Presentation (December 2021)
24 slides from Search Minerals's investor presentation, Dec 9, 2021
Slide 1: Corporate Presentation December 2021
Proudly operating in St. Lewis, Newfoundland and Labrador, Canada CORPORATE PRESENTATION DECEMBER 2021 TSX-V: SMY OTCQB: SHCMF
Slide 2: Disclaimer
DISCLAIMER The information in this presentation is provided as of December 9, 2021 for informational purposes only, is not complete and does not contain all material information about Search Minerals including important disclosures and risk factors associated with the Company's business. This presen
Slide 3: The Future Is Green
THE FUTURE IS GREEN Canada targeting EU aiming for net- $1.7 trillion investment Major investments in net-zero by 2050, zero by 2050; 10+ EU in green technology; electric vehicle with green jobs and countries phasing out Executive Order to technology from legacy technology playing a internal combust
Slide 4: Rare Earth Elements (REEs) Are Used In...
RARE EARTH ELEMENTS (REEs) ARE USED IN... Electric vehicle mobility Computers, phones, Wind turbines and traction motors and devices Medicine and Defense technology Hundreds of other dentistry applications Yet despite their growing importance, the North American and European REE supply chain is tenu
Slide 5: Rare Earth Market
RARE EARTH MARKET o China produces 80% of rare earth elements and consumes 60% o US, Canada and EU collaborating to build secure rare earth supply chain outside of China o The rare earth elements used in the permanent magnet market (Nd, Pr, Dy, Tb) – represents 93% of REE Market value of approx $2.9
Slide 6: Sprint to Production
“SPRINT TO PRODUCTION” Decision to build by year 2023, in production by year 2025 • Management team o Dr. David Dreisinger – VP - Metallurgy o Dr. Randy Miller – VP – Exploration o Greg Andrews – President/CEO • Board – strong working board. George Molyviatis/Jocelyn Bennett/Leo Power • Strong suppo
Slide 7: Key Recent Developments: Stronger Financial Position, Better Valuation
KEY RECENT DEVELOPMENTS: STRONGER FINANCIAL POSITION, BETTER VALUATION DATE EVENT December 7, 2021 Search Minerals Inc. Announces $15,000,000 Non-Brokered Private Placement of Units and Previously Announced Flow-Through Shares November 15, 2021 Search Minerals Announces Results of Successful Phase 3
Slide 8: Location – Our Building and Facilities in the Community
LOCATION – OUR BUILDING AND FACILITIES IN THE COMMUNITY Google earth TSX-V: SMY 8 OTCQB: SHCMF
Slide 9: District-Scale Opportunity
DISTRICT-SCALE OPPORTUNITY MAJOR DISCOVERIES • Foxtrot (April 2016 PEA) • Deep Fox (November 2019) • Fox Meadow • Silver Fox • Awesome Fox INFRASTRUCTURE • On tidewater, connected to Trans-Labrador Highway, and local airstrip • 3 local communities: St. Lewis, Mary’s Harbour, Port Hope Simpson TSX-V:
Slide 10: Foxtrot and Deep Fox Resource Estimate
FOXTROT AND DEEP FOX RESOURCE ESTIMATE Cut-off TONNAGE Dy Dy2O3 Nd Nd2O3 Pr Pr6O11 LREE LREO HREE HREO TREE TRE0 CLASSIFICATION $NSR (TONNES) (ppm) (ppm) (ppm) (ppm) (ppm) (ppm) % % % % % % OPEN PIT INDICATED $165 4,129,000 177 203 1,393 1,625 372 449 0.69 0.83 0.17 0.2 0.86 1.03 Foxtrot Resource Es
Slide 11: Patented, Scalable Technology
PATENTED, SCALABLE TECHNOLOGY ● Patented proprietary process for direct REE extraction reduces capital and operating costs compared to traditional methods ● Environmentally friendly process produces only dry, stackable residue—no wet tailings ponds ● Search, ACOA, and InnovateNL dedicated $3M to pil
Slide 12: Recent Magnetic Beneficiation Work
RECENT MAGNETIC BENEFICIATION WORK LIMS - Low intensity magnetic separator WHIMS – Wet High Intensity Magnetic separator . TSX-V: SMY 12 OTCQB: SHCMF
Slide 13: Proposed Flow Sheet
PROPOSED FLOW SHEET Search mineralization (Foxtrot, Deep Fox, Fox Meadow, Silver Fox) responds to magnetic separation FOUR PROPOSED STREAMS FROM SAME MATERIAL LIMS – Iron Rich Concentrate (Ferro Magnetic material) contains 95.4% Fe2O3 (as magnetite) in 6.6% of original weight WHIMS – Rare Earth elem
Slide 14: Advantage with Magnetic Work
ADVANTAGE WITH MAGNETIC WORK ➢ Smaller footprint for Direct Extraction processing facility – lower capital and operating costs ➢ Potential revenue stream for iron concentrate and zircon concentrate ➢ Grinding and magnetic separation will be done at each deposit, the resulting higher grade concentrat
Slide 15: Update Economics with Addition of Deep Fox
UPDATE ECONOMICS WITH ADDITION OF DEEP FOX IMPROVED ECONOMICS OF PROJECT WITH UPDATED PRELIMINARY ECONOMIC ASSESSMENT REPORT EXPECTED Q1 2022 ➢ Increase production rate from 1000 tonnes per day to 2000 tonnes per day ➢ Increase recoveries from optimized pilot plant process ➢ Increase revenue from hi
Slide 16: Our History and Partnerships
OUR HISTORY AND PARTNERSHIPS 2013-14 2019 2021 Bench-scale proof of concept Optimization of pilot plant and Raised over $ 6M, completed 7000m supported by Atlantic Canada refinement of patented Deep Fox drill program, signed non- Opportunities metallurgy approach binding offtake agreement, listed fo
Slide 17: Where Search Fits in the REE Supply Chain
WHERE SEARCH FITS IN THE REE SUPPLY CHAIN Search Minerals fills these …providing valuable resources to sell important upstream categories… and to build out the supply chain. Original Produce Separate REE Oxides sold to Equipment mixed REE from REE metal Metal Extract REE Metals and Manufacturers con
Slide 18: Near Term Catalysts
NEAR TERM CATALYSTS DATE EVENT Q1 2022 • PEA for Deep Fox/Foxtrot o Using updated Deep Fox material – higher grades, simpler mining plan Preliminary Economic o Using increased recovery rates of REE from successful pilot plant Assessment (PEA) o Magnetic concentration adopted – reduction in capital/o
Slide 19: The Future: Our Strategic Plan
THE FUTURE: OUR STRATEGIC PLAN 2021 2022 2023 2024 Collaboration partners signed Building and mining Continue build of Preliminary Economic for further separation process development permits facilities Assessment report for Q1 2022 secured Update preliminary economic Commence production Drill Progra
Slide 20: Competitive Advantage
COMPETITIVE ADVANTAGE Resource and excellent • 63km long by 2km wide Critical Rare Earth Element District infrastructure • 2 – Resource Estimates (Foxtrot/Deep Fox), 3 more advanced prospects, 20+ potential prospects • Trans-Labrador Highway through District, on tidewater, 3 nearby communities, loca
Slide 21: Search Minerals Aligned with Canadian Minerals and Metals Plan
SEARCH MINERALS ALIGNED WITH CANADIAN MINERALS AND METALS PLAN ✓ Joined Accelerated ✓ Indigenous partner - ✓ Environmental baseline ✓ Developed proprietary ✓ Working within local ✓ Attract foreign investment Growth Services NunatuKavut Community studies Direct extraction communities in SE from North
Slide 22: Our Leadership Team
OUR LEADERSHIP TEAM Greg Andrews Randy Miller, Ph.D, P.Geo David Dreisinger, Ph.D Matthew Anderson, CPA President and Vice-President, Vice-President, Metallurgy, Chief Financial CEO, Director Exploration Director Officer Mr. Andrews received his Bachelor of Dr. Miller holds a Ph.D. in Geology from M
Slide 23: Corporate Information
CORPORATE INFORMATION Shareholder Information November 30, 2021 Insiders Participation % Ownership Listed: TSX:V:SMY OTCQB: SHCMF InCoR Holdings ~ 27.46 % Market Cap: $74.1M ($ 0.205 share price) Mgmt and Directors ~ 6.14 % Shares O/S: 361,433,277 Warrants: 66,092,229 Total ~ 33.59% Options: 28,030,
Slide 24: A Secure, Sustainable Future
A SECURE, SUSTAINABLE FUTURE Contact: Greg Andrews, President & CEO gregandrews@searchminerals.ca Tel: 604.998.3432 TSX-V: SMY OTCQB: SHCMF
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