Venari Minerals Nl · ASX:VMS
Venari Minerals Nl — Astute Metals NL — Investor Presentation (July 2025)
19 slides from Venari Minerals Nl's investor presentation, Jul 31, 2025
Slide 1: Creating Value in Nevada: Gold and Lithium Clays
For personal use only CREATING VALUE IN NEVADA GOLD AND LITHIUM CLAYS ASX: ASE | Investor Presentation | July 2025
Slide 2: Disclaimer & Forward-Looking Statement
DISCLAIMER & FORWARD-LOOKING STATEMENT Important Notice & Disclaimer The purpose of this presentation is to provide background information to assist readers in obtaining a general understanding of Astute Metals NL (‘Astute’ or ‘the Company’) and its objectives. Readers should make their own independ
Slide 3: Why Invest in Astute Metals?
WHY INVEST IN ASTUTE METALS? For personal use only THE OPPORTUNITY • Investing with ex-Pilbara Minerals Chairman and founder • Dual value-creation strategy - epithermal gold exploration / advancing high-grade lithium discovery • Both projects located in Nevada – a pro-mining jurisdiction • Countercy
Slide 4: Corporate Overview
CORPORATE OVERVIEW Key Financials Share Price (@ 28.07.25) $0.025 Share Trading History over last 12 months Shares on Issue 618,149,719 For personal use only 6,000,000 0.045 Options (Listed) 291,847,282 0.04 5,000,000 Loan Funded Shares 7,857,5001 0.035 Performance Rights 38,120,000 4,000,000 0.03 S
Slide 5: Who is Astute Metals?
WHO IS ASTUTE METALS? A Board and Management team with: For personal use only ✓ Relevant and successful lithium experience ✓ Significant investments in Astute ✓ Development focused ✓ Track record of creating shareholder wealth Tony Leibowitz Matt Healy Vince Fayad Chairman Executive Director & CEO N
Slide 6: The Premier Mining Jurisdiction
THE PREMIER MINING JURISDICTION NEVADA – A MINING DESTINATION SINCE STATEHOOD For personal use only • World’s fifth-largest gold producer • Active mines - gold (127), silver (104) and copper (8) THE LITHIUM CAPITAL OF NORTH AMERICA • Thacker Pass (Lithium Americas NYSE: LAC) – Under Construction • R
Slide 7: Nevada Gold: The Engine Room of US Gold Production
NEVADA GOLD THE ENGINE ROOM OF US GOLD PRODUCTION For personal use only • Number one gold producer in the US • 127 active gold mines including some of the highest-grade deposits worldwide ROUND MOUNTAIN MINE >20Moz1 • Discovered in 1906 with initial placer and small-scale underground mining • Open p
Slide 8: Needles - Exploration Model
NEEDLES - EXPLORATION MODEL For personal use only • Needles has the ingredients of a significant epithermal discovery • Large kaolinite alteration zone at surface • Gold and silver bearing epithermal veins • Sericite alteration associated with veins • Mapped permeable tuffaceous rocks – potential fo
Slide 9: Needles Gold Project
NEEDLES GOLD PROJECT • 216 claims/18km2 on BLM land in Nye County, Nevada For personal use only • 100% Astute-owned and royalty-free • Last work conducted in 2021 under a previous configuration of Astute • June 2025 historical data review revealed o Needles project hosts a large epithermal system (~
Slide 10: Needles - On the Ground
NEEDLES - ON THE GROUND Veined and clay-altered rock dump sample from the Arrowhead mine 2.57g/t Au & 1,115g/t Ag (location slide 9)1 For personal use only Dump material taken from the Eastern Shaft graded 33g/t Au and 613g/t Ag (location on slide 9)1 1- ASX: ASE 30/06/2025 Priority targets identifi
Slide 11: Needles - Drill Targets
NEEDLES - DRILL TARGETS • Eastern Shaft (off-section) For personal use only o Rock-chip samples of up to 33g/t Au and 622g/t Ag in and around historical mine1 o Remains untested by drilling Whopper Junior Prospect • Arrowhead Mine o 107m-deep 4-level underground mine1 o Along strike drilling incl. 3
Slide 12: Why Lithium Clays?
WHY LITHIUM CLAYS? For personal use only Large-Scale Mining Assets Low-cost mining from low strip ratios and soft rocks Lower water consumption than Lithium brines Lower cost to LCE than most hard rock operations Produce Value-Added Products • Lithium Carbonate/Hydroxide can be produced directly fro
Slide 13: Red Mountain Lithium
RED MOUNTAIN LITHIUM • 100% Astute-owned and royalty-free For personal use only • 19 holes drilled to date o 18 holes successfully intersected lithium >1,000ppm o Approx. 12 holes to be drilled in Q3-Q4 for goal of Maiden JORC Resource • Lithium mineralisation intersected in includes o RMDD003 – 32.
Slide 14: Red Mountain - Potential
RED MOUNTAIN - POTENTIAL JORC Compliant Exploration Target (Feb 2025) For personal use only Astute’s vision is to: • Define a high-grade lithium clay resource of >250Mt Exploration Upside • Selective exploration focus on high-grade north of ‘Target Area A’ for Maiden MRE • Future Resource Update wit
Slide 15: Next Steps & Newsflow
NEXT STEPS & NEWSFLOW July August September October November December Cost For personal use only Needles and Red Mtn RC (~3,400m) Red Mtn and Needles DD (~1,500m) $3.5m Contingency Drilling ($0.5m) RC and DD Assay results Needles soil sampling and geophysics $0.3m Red Mtn Lithium Carbonate Product $
Slide 16: Appendices
For personal use only APPENDICES 16
Slide 17: Appendix 3: Advanced Lithium Clay Projects
APPENDIX 3: ADVANCED LITHIUM CLAY PROJECTS For personal use only 17 17
Slide 18: Appendix 4: Red Mountain Drill Intersections
APPENDIX 4: RED MOUNTAIN DRILL INTERSECTIONS • RMDD003 intersected 32.4 m @ 3260 ppm Li / 1.74 % LCE from 57.2 m to 89.6 m • RMDD008 intersected 7.6m @ 945ppm Li / 0.5% LCE from 242.3m to 249.9m • RMDD007 intersected 5.4m @ 2320 ppm Li / 1.24% LCE from 154 m to 159.4 m • RMRC009 intersected 50.3 m @
Slide 19: Creating Value in Nevada: Gold and Lithium Clays
For personal use only CREATING VALUE IN NEVADA GOLD AND LITHIUM CLAYS ASX: ASE | July 2025