Waratah Minerals Limited · ASX:WTM
Waratah Minerals — Battery Minerals — Investor Presentation (May 2023)
16 slides from Waratah Minerals's investor presentation, May 2, 2023
Slide 1: Investor Presentation
INVESTOR PRESENTATION GOLD DISCOVERY STRATEGY IN WESTERN VICTORIA - COMPANY INVESTMENT IN GRAPHITE PRODUCER 2 May 2023
Slide 2: Overview
OVERVIEW 1. INVESTMENT HIGHLIGHTS – TWO NEAR TERM VALUE DRIVERS CAPITAL STRUCTURE 2. COMPANY INVESTMENT - EMERGING GRAPHITE Shares on Issue (ASX Code: BAT) 3,357M PRODUCER – TIRUPATI GRAPHITE (LSE.TGR) Board and Management >5% fully diluted Share price (1 May 2023) 0.3cps Market Capitalisation $10.1
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS GRAPHITE INVESTMENT IN EMERGING MAJOR PRODUCER Listed Investment in Tirupati Graphite (LSE.TGR), currently valued at $7.4m1 (ASX BAT 3 April 2023) INVESTMENT Provides exposure to graphite market, technology company and investment GRAPHITE TGR are high margin producer / in
Slide 4: Company Investment in Emerging Major Graphite Producer
Tirupati Graphite Operations1 FY22 Results USD Average Flake Production Cost $380/t Average Flake Price achieved $841/t COMPANY INVESTMENT IN Average operating margin $461/t EMERGING MA JOR GRAPHITE Flake Production 57% operating margins PRODUCER achieved during startup1 Sahamamy Flake 18,000tpa cur
Slide 5: Stavely-Stawell Project
STAWELL GOLD CORRIDOR STAVELY-STAWELL PROJECT EL 6871 Stawell Gold Mine TWO DISCOVERY FAIRWAYS STAVELY- DRYDEN 5Moz Production1 BELT White Rabbit District STAWELL GOLD CORRIDOR – Au >5MOz Stawell Gold Mine1 Moyston Historical Mine Mt Ararat ( VMS ) Morning Bill ( VMS ) Langi Logan Gold Prospect STAV
Slide 6: Stavely-Dryden Belt
STAWELL GOLD CORRIDOR STAVELY-DRYDEN BELT EL 6871 Stawell Gold Mine TRACKING A KEY TARGET POSITION IN STAVELY- DRYDEN 5Moz Production1 UNDEREXPLORED BELT BELT White Rabbit District • Ultramafic/serpentinite units are a key belt-scale marker within the Stavely-Dryden Belt Moyston Historical Mine Mt A
Slide 7: Stavely-Stawell Project: Fertile Gold Systems Identified
BAT EL6871 STAVELY-STAWELL PROJECT FERTILE GOLD SYSTEMS IDENTIFIED – WHITE RABBIT DISTRICT 1. COXS FIND - Au - historic workings, rock chips inc. 430 g/t Au, SEM/ICPMS indicating association with sulphides = bedrock potential (ASX BAT 2 May 2022) 2. FRANKFURT – Au - 8m @ 0.79g/t Au from 27m to EOH,
Slide 8: Stavely-Stawell Project: Four Priority Gold Prospects
Sporadic hist. gold assaying 1m @ 3g/t Au from 6m (AC93AA114) Rockchips 16 g/t Au STAVELY-STAWELL PROJECT FOUR PRIORITY GOLD PROSPECTS – 10km FROM BILLYGOAT COSMOPOLITAN STAWELL GOLD MINE1 8m @ 0.79g/t Au from 27m to EOH 1m @ 0.99g/t Au at EOH (22AC134) inc. 1m @ 4.94g/t Au >22koz Au production, 1.
Slide 9: Journey to Discovery (Coxs Find)
SEM Image STAVELY-STAWELL PROJECT JOURNEY TO DISCOVERY (COXS FIND) cm 1) RECOGNISING HIGH VALUE DISCOVERY OPPORTUNITY 2) APPLY APPROPRIATE TARGET DEFINITION TECHNIQUE 1 um 3) DRILL PRIORITY TARGETS SEM Image LA Pyrite Image LA Pyrite Image • Pyrite petrography-microscopy SEM/ICPMS indicate gold asso
Slide 10: Journey to Discovery (Coxs Find)
STAVELY-STAWELL PROJECT JOURNEY TO DISCOVERY (COXS FIND) 1) RECOGNISING HIGH VALUE DISCOVERY OPPORTUNITY 2) APPLY APPROPRIATE TARGET DEFINITION TECHNIQUE 3) DRILL PRIORITY TARGETS • ~10km from >5MOz Stawell Gold Mine • Historical workings, rock chips inc. 430 g/t Au, 174.5g/t Au (ASX BAT 2 May 2022)
Slide 11: Journey to Discovery (Coxs Find)
STAVELY-STAWELL PROJECT JOURNEY TO DISCOVERY (COXS FIND) 1) RECOGNISING HIGH VALUE DISCOVERY OPPORTUNITY 2) APPLY APPROPRIATE TARGET DEFINITION TECHNIQUE 3) DRILL PRIORITY TARGETS • ~10km from >5MOz Stawell Gold Mine • Historical workings, rock chips inc. 430 g/t Au, 174.5g/t Au (ASX BAT 2 May 2022)
Slide 12: Azura Project
Argyle Diamond AZURA PROJECT COPPER - NICKEL - COBALT - PGEs • Underexplored, multiple target styles Savannah ( Ni-Cu ) • Michigan Cu-Ag • Magmatic Ni – Cu - PGEs AZURA • Skarn Cu-Au PROJECT • Mesothermal Au - Cu/Pb/Zn/Ag Panton ( PGE ) Copernicus ( PGE ) • Operating Mines • Savannah Ni-Cu-Co (PAN.A
Slide 13: Azura Project: Drill Targets
AZURA PROJECT DRILL TARGETS - EM ANOMALIES - STRONG SURFACE GEOCHEM • Priority Cu-Ni-Co-PGE drill targets identified • EM conductors + strong surface Cu anomalism, up to 29.9% Cu rockchips (ASX BAT 22 June 2021) • Olympio Target: coincident strong conductivity (600m long at 100m depth) and concealed
Slide 14: High Impact Newsflow
HIGH IMPACT NEWSFLOW ACTIVITY SUMMARY INVESTMENT ACTIVITY MAR QTR JUNE QTR SEPT QTR GRAPHITE Admin transfer to Tirupati MOZAMBIQUE GRAPHITE Complete Tirupati transaction Admission of TGR shares DISCOVERY GOLD-COPPER Target Definition, inc. geophys STAVELY-STAWELL GOLD-COPPER Drilling - AC Drilling –
Slide 15: References
REFERENCES ASX BAT 12 January 2022 Stavely-Stawell Exploration Update ASX BAT 23 February 2022 Stavely-Stawell Exploration Update ASX BAT 21 March 2022 VTEM high priority copper-nickel drill targets ASX BAT 25 March 2022 Gabon asset transaction ASX BAT 2 May 2022 Coxs Find High Grade Gold ASX BAT 11
Slide 16: Disclaimer – Important Information
DISCLAIMER – IMPORTANT INFORMATION Forward Looking Statements Previously Reported Information • This announcement contains “forward-looking statements” within • The information in this presentation that relates to Mineral Resources in the • The information in this report that references previously r