Critica Limited · ASX:CRI
Critica — Venture Minerals — RIU Explorers Conference 2022
28 slides from Critica's conference presentation, Feb 15, 2022
Slide 1: Targeting ESG Tin Production - RIU Explorers Conference
Targeting ESG Tin Production RIU EXPLORERS CONFERENCE 15 February 2022 ASX | VMS www.ventureminerals.com.au
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 actively ex
Slide 4: Corporate Snapshot
Corporate Snapshot Market Snapshot ASX:VMS Share Price and Volume Shares on issue 1,669m Share Price (A$) Volume (Millions) 0.20 200 Share price 4.15c 180 160 Unlisted options1 45.9m 0.15 140 120 Market capitalization 69.3m 0.10 100 80 Cash balance (30 Dec 2021) 9.2m 60 0.05 Debt (30 Dec 2021) 0.0m
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 Andrew Radonjic Dr Stuart Owen Non-Executive Chairman Managing Director Exploration Manager Chairman of Venture Minerals
Slide 6: Project Locations
Project Locations www.ventureminerals.com.au 6
Slide 7: Location of Mount Lindsay Tin-Tungsten Deposit
Location of Mount Lindsay Tin-Tungsten Deposit www.ventureminerals.com.au 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 2
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 wo
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 www.ventureminerals.com.au 14
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 www.ventureminerals.com.au 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 www.ventureminerals.com.au 16
Slide 17: New Drilling at Mount Lindsay returns record breaking drill intersection
New Drilling at Mount Lindsay returns record breaking drill intersection - 147 metres @ 1.0% Tin www.ventureminerals.com.au 17
Slide 18: 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 19: 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 completed a ground EM program on Venture’s South West Ni-Cu- PGE Project over selected areas of the ‘Julimar lookalike’ magnetic anomaly (Thor Target) and has met the first stage requirement o
Slide 20: 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 www.ventureminerals.com.au 20
Slide 21: 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 www.ventureminerals.com.au 21
Slide 22: 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 23: Chalice's ground EM conductor models on aeromagnetics over the Thor Target
Chalice’s 11 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.
Slide 24: Riley Iron Ore Mine Location
Riley Iron Ore Mine Location www.ventureminerals.com.au 24
Slide 25: Riley Iron Ore Mine - Currently
Riley Iron Ore Mine - Currently Steady state production achieved; First Shipment of Iron Ore completed; Temporarily suspended following sharply declining iron prices, lower demand for lower grade ore and rising shipping prices; Awaiting recommencement of operations upon improving market cond
Slide 26: Planned Activities in 2022
Planned Activities in 2022 PROJECTS Q1 2022 Q2 2022 Q3 2022 Q4 2022 Mount Lindsay Tin-Tungsten Project • Feasibility Study • Permitting Underground Mine • Exploration Drilling Riley Iron Ore Mine • Operations ready to proceed upon improved market conditions South West Ni-Cu-PGE (CHN JV) • Chalice gr
Slide 27: 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 demand
Slide 28: Thank You
Targeting ESG Tin Production THANK YOU ASX | VMS www.ventureminerals.com.au