Winsome Resources Limited · ASX:WR1
Winsome Resources — Investor Presentation (May 2024)
19 slides from Winsome Resources's investor presentation, May 29, 2024
Slide 1: On the Road to North American Lithium Production
ASX: OTCQB: FSE: WR1 WRSLF 4XJ ON THE ROAD TO NORTH AMERICAN LITHIUM PRODUCTION CORPORATE PRESENTATION | MAY 2024
Slide 2: Important & Cautionary Notes
IMPORTANT & CAUTIONARY NOTES This presentation is not a prospectus and has been prepared and All statements, other than statements of historical fact, included in CAUTION REGARDING FORWARD-LOOKING INFORMATION issued by Winsome Resources Limited (the “Company") to inform the presentation, including w
Slide 3: Company Highlights & Overview
COMPANY HIGHLIGHTS & OVERVIEW >>> Well positioned to integrate into North American EV supply chain >>> Winsome Resources Limited (ASX:WR1) (24 May 2024) 78Mt at 1.15% Li2O MRE1 that is open along 3.1km strike & at depth. Quality Resource Further Adina MRE upgrade expected in Q1 2025 A$46M A$230M 190
Slide 4: Achieving Key Milestones
ACHIEVING KEY MILESTONES >>> Major milestones achieved >>> Key future milestones and Renard Option timeline LISTED ON ADINA ADINA SIGNED EXCLUSIVE ADINA ADINA AND INITIAL OPTION 1st OPTION 2nd OPTION ASX DISCOVERY MAIDEN MINERAL RENARD OPTION RESOURCE RENARD PROJECT PERIOD ENDS EXTENSION EXTENSION R
Slide 5: Adina Lithium Project - Mineral Resource Upgrade
ADINA LITHIUM PROJECT - MINERAL RESOURCE UPGRADE >>> Tier 1, world class spodumene pegmatite: size, grade and metallurgy Globally significant Maiden Mineral Resource of 77.9Mt @ 1.15% Li2O (Indicated and Inferred category) Mineral Resource contains 79% Indicated material (61.4Mt @ 1.14% Li2O) ba
Slide 6: Adina Lithium Project - Mineral Resource Upgrade
ADINA LITHIUM PROJECT - MINERAL RESOURCE UPGRADE >>> High grade zones accessible by open pit conventional mining; near surface mineralisation likely means low strip ratio Li2O (%) RPEEE Shell Figure 2. Oblique view looking NW of Adina Mineral Resource and RPEEE Pit Shell. ASX:WR1 - FSE:4XJ - OTCQB:W
Slide 7: Adina Lithium Project - Resource Expansion Potential
ADINA LITHIUM PROJECT - RESOURCE EXPANSION POTENTIAL >>> Pathway to organic growth Multiple Untested Gravity Targets 33% growth in MRE which now stands at 77.9Mt at 1.15% Li2O (Indicated & Inferred) MRE excludes known pegmatite bodies along strike that may contribute to further MRE upgrades Cu
Slide 8: The Renard Opportunity - Potential Benefits
THE RENARD OPPORTUNITY - POTENTIAL BENEFITS >>> The Renard opportunity has the potential to… De-risk and reduce the Advance timelines by Consolidate existing Utilise previously upfront capital funding leveraging existing key stakeholder disturbed areas to requirement permits and approvals relations
Slide 9: The Renard Opportunity - Next Steps
THE RENARD OPPORTUNITY - NEXT STEPS >>> The Renard opportunity - next steps and key decision points… 1. Execution of Option Agreement 2. During the Option Period 3. Renard Investment Decision Initial management and technical Assess transaction structure (acquire Negotiate transaction agreement
Slide 10: The Quebec EV Battery Ecosystem
THE QUEBEC EV BATTERY ECOSYSTEM >>> North American EV Landscape North America LiOH processing facility Theme Evidenced By 50 GWh, Texas Hard rock Li project 35 GWh, Nevada Global peers at various Winsome project 10 GWh, California stages in the EV supply 1 chain are prepared to make Québec early-sta
Slide 11: Adina Lithium Project - Project Studies to Date
ADINA LITHIUM PROJECT - PROJECT STUDIES TO DATE >>> Infrastructure advantages >>> Metallurgical test work and dense media separation Logistics Base On the Trans-Taiga Road, houses up to 60 people and runs on hydro power • Consistent mineralogy observed in logging and assaying Main and Footwall Zones
Slide 12: ESG Roadmap
ESG ROADMAP • Appointed VP of Sustainability and Regulatory • Strategic focus of Winsome’s ESG program is • Proactive local community support in the Affairs to embrace access to Québec’s extensive wake of recent Canadian wildfires - donations hydropower network that provides 99.8% of to families tha
Slide 13: Management
PROVEN TEAM WITH HARD ROCK LITHIUM EXPERIENCE Experienced board and management Stephen Biggins Chris Evans Dr Qingtao Zeng Justin Boylson NON-EXECUTIVE CHAIRMAN MANAGING DIRECTOR NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR Mr Biggins was until recently Managing Director of Core Mr Evans has a stro
Slide 14: Investment Highlights
INVESTMENT HIGHLIGHTS Major investment benefits Quality Resource 78Mt at 1.15% Li2O MRE𝟏 , 79% Indicated + 21% Inferred Accessible Mineralisation outcrops and is open pittable, 48.7Mt at 1.20% Li2O in top 150m Potential for growth Open along strike and at depth, exploration ongoing, recent Adina SW
Slide 15: Annexures
VV WINSOMERESOURCES wie " .. * { . i 2 : = af 7 J : a ° - ’ a - ° oe d
Slide 16: The Renard Opportunity - Transaction Summary
THE RENARD OPPORTUNITY - TRANSACTION SUMMARY >>> Key Option Agreement Terms1 >>> Key Transaction Terms1 (if exercised) C$4m fee (payable in cash) Basis of Acquired on a ‘cash and debt-free’ basis Initial Option Option period expires 30 Sep 2024 (Winsome can elect to extend) Acquisition Exclu
Slide 17: The Renard Opportunity - Infrastructure
THE RENARD OPPORTUNITY - INFRASTRUCTURE >>> Over C$900 million of capital already invested in Renard Project, processing facilities and supporting infrastructure Figure 1. Aerial render of the Renard site layout Figure 2. Renard’s crusher and processing plant Figure 3. Main camp & accommodation at R
Slide 18: Adina Lithium Project - Mineral Resource
ADINA LITHIUM PROJECT - MINERAL RESOURCE >>> Adina Lithium Project Mineral Resource Statement 1 Zone Indicated Inferred Total Tonnes Li2O Contained Tonnes Li2O Contained Tonnes Li2O Contained (Mt) (%) LCE (Mt) (Mt) (%) LCE (Mt) (Mt) (%) LCE (Mt) Main 28.4 1.19 0.84 8.7 1.37 0.29 37.1 1.23 1.13 Footw
Slide 19: WR1 WRSLF 4XJ
ASX: OTCQB: FSE: WR1 WRSLF 4XJ PERTH OFFICE Address: Level 1, 16 Ord Street, West Perth WA 6005 Email: administration@winsomeresources.com.au