Critical Resources Ltd · ASX:CRR
Critical Resources — Shareholder Meeting (May 2022)
27 slides from Critical Resources's shareholder meeting presentation, May 24, 2022
Slide 1: Metals for the Clean Energy Economy – AGM Presentation
Li Zn Cu Pb Ag For personal use only METALS FOR THE CLEAN ENERGY ECONOMY ASX:CRR | CRITICALRESOURCES.COM.AU AGM Presentation May 2022
Slide 2: Disclaimer
DISCLAIMER This presentation is not a prospectus` nor an offer of securities for subscription or sale in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment
Slide 3: Why Critical Resources?
WHY CRITICAL RESOURCES? Targeting the clean energy and critical resource economy Li Zn Cu Pb Ag For personal use only PROBLEM SOLUTION OUR BUSINESS Increasing demand Supply of critical Exposure to critical for critical metals metals from high metals through compounded by quality, high potential expl
Slide 4: Demand for Critical Minerals
Demand for Critical Minerals The clean energy economy is driving demand for a range of metals in a range of applications Critical minerals for critical technologies For personal use only “It would be reasonable to expect that all low-carbon energy systems are more Wind Solar Concentrated Electric El
Slide 5: Corporate Overview
ROBERT MARTIN ALEX BIGGS ALEX CHEESEMAN Non-Executive Chairman Managing Director Non-Executive Director Currently Non-Executive Director for A mining engineer with experience at 20+ years’ experience in leadership CORPORATE Parkd Ltd (ASX: PKD) and Pathfinder Resources Ltd (ASX:PF1) and Non- Venture
Slide 6: 12-Month Price Chart
For personal 12-Month use only Price Chart 12-Month Price Chart 6
Slide 7: Canadian Lithium Portfolio
CANADIAN LITHIUM PORTFOLIO Li PORTFOLIO Province scale strategy with multiple Lithium projects in region only Located in Ontario, Canada. A first class, low risk mining jurisdiction use High-grade exploration results with excellent LITHIUM prospectivity across multiple targets personal Well develope
Slide 8: Mavis Lake Lithium Project – Exceptional drill results to date
MAVIS LAKE LITHIUM PROJECT Exceptional drill results to date from pegmatite 6 use only • 5,000m drill program ongoing (commenced April 2022) • First 14 of 15 holes have intersected spodumene-bearing pegmatite mineralisation (ASX announcement 20 May 2022) 1, 2, 3 (previous page) LAKE PROJECT • Inters
Slide 9: Mavis Lake Lithium Project – Geophysics confirms growth potential
MAVIS LAKE LITHIUM PROJECT Geophysics confirms further growth potential use only • 28 new target areas identified LAKE PROJECT • 11 high priority targets • Intention to expand on current 5,000m program • A key step in an personal aggressive exploration campaign at Mavis Lake, aiming to define a JORC
Slide 10: Mavis Lake – Historically significant drilling results
MAVIS LAKE LITHIUM PROJECT Historically significant drilling results from 2017 and 2018 use only • Previous project drilling intersected1: • 26.3m @ 1.7% Li2O from 111.9m including 7.70m @ 2.97% Li2O LAKE PROJECT • 55.25m @ 1.04% Li2O from 80.75m • 15.20m @ 1.56% Li2O from 75.55m personal • 6.10m @
Slide 11: Graphic Lake Lithium Project
GRAPHIC LAKE LITHIUM PROJECT A complimentary acquisition to Mavis Lake use only • Increases land holding in Canadian lithium sector • Small-scale exploration LAKE PROJECT historically • Some sampling in early 2000s with anomalous values returned of lithium, rubidium, tantalum personal beryllium and
Slide 12: Plaid and Whiteloon Lake Projects
PLAID AND WHITELOON LAKE PROJECTS use PROJECT In the “Electric Avenue” of Ontario Canada only Plaid and Whiteloon Lake Projects • 5,700Ha of lithium claims in an area known as the “Electric Avenue”, personal LAKE because of the size and quality of the battery metals deposits • Pegmatite mineralisati
Slide 13: What's driving the lithium rush?
What’s driving the lithium rush? Lithium is currently one of the most sought-after commodities in the world use only More EVs on the road Stagnating mine supply Rise of the Battery Megafactories Battery manufacturers need lithium MARKET DYNAMICS Rising consumer awareness, in Committed mine productio
Slide 14: The need for Lithium independence in North America
The need for Lithium independence in North America Import-dependent countries like the U.S are scrambling to secure their lithium supply chains PROBLEM use only With China’s dominance in the supply chain, the future of US energy independence could depend on lithium production Argentina Chile 7% Rest
Slide 15: North American battery initiatives
North American battery initiatives Source: CIC energiGUNE North America accelerates its commitment to Operational Plant Project in Progress Announced in March 2021 its the development of the Gigafactory industry intention to open in Quebec in Operational Pilot Line or in Progress 2023 a plant with 5
Slide 16: Lithium – A key driver for the clean energy economy
Lithium A key driver for the clean energy economy use only • Lithium is crucial for the transition to renewables and electric vehicles Primary supply requirement Secondary supply • According to the International Energy Agency (IEA), lithium will experience the fastest growth in mineral demand in the
Slide 17: Halls Peak Base Metal Project – Highlights
HALLS PEAK BASE METAL PROJECT Zn Pb Cu Ag Highlights use only PEAK PROJECT Right geological setting for Historically shallow Potential to host large large scale massive mining and exploration – scale SEDEX style personal sulphide mineralisation no previous exploration deposit beyond 200m depth HALLS
Slide 18: High-Grade Base-Metals in NSW
HIGH-GRADE BASE-METALS IN NSW New England fold belt - massive sulphide potential use only Halls Peak Project • Located in prolific New South Wales base-metal region close to historic and currently producing mines PEAK PROJECT • Historic, small-scale mining at Halls Peak • Drilling underway with ~6,4
Slide 19: Further planned exploration for Gibsons and Sunnyside
HIGH-GRADE BASE-METALS IN NSW Further planned exploration for Gibsons and Sunnyside use only Gibsons “The deeper exploration at • ~4,700m drill program underway Sunnyside provides the opportunity to begin PEAK PROJECT • Geophysical data has identified deeper massive sulphide targets understanding th
Slide 20: Halls Peak – Gibsons and Sunnyside targets
For personal HALLS use only PEAK PROJECT GIBSONS TARGETS SUNNYSIDE TARGETS 20
Slide 21: Previous exploration results and current drill program at Gibsons
HIGH-GRADE BASE-METALS IN NSW Previous exploration results and current drill program at Gibsons personal HALLS For use only PEAK PROJECT 21
Slide 22: Block 4 & 5 Copper Projects – Oman Highlights
BLOCK 4 AND 5 COPPER PROJECT - OMAN Cu Au Highlights use only 4 & 5 PROJECTS Located 2.5 hours drive Low-cost operating Well developed road, power from Dubai (United Arab region and port infrastructure Emirates), 2 hours from personal Muscat (Oman capital) Cu BLOCK For Mining friendly jurisdiction L
Slide 23: A High-Grade Copper Asset with Near Term Development Potential
A High-Grade Copper Asset with Near Term Development Potential An opportunity to take a strategic land position in an established mining province in Oman Project Area & Jurisdiction use only • Block 4 (403km2), Block 5 (598km2) Key Highlights • Located 40km south of Sohar, Oman • Cu rich Ophiolite B
Slide 24: 2012 JORC Compliant Resource Estimate
2012 JORC COMPLIANT RESOURCE ESTIMATE • Cyprus style VMS deposits use only • Measured, Indicated and Inferred Mineral Resources located in Block 5 contain 0.8Mt at 3.4% Cu (JORC 2012) • 1,001 km² granted Exploration Licences 4 & 5 PROJECTS • Consistent high grade • Simple geometry close to surface •
Slide 25: Mahab and Maqail High-Grade, Well-Defined Copper Resources
MAHAB AND MAQAIL HIGH-GRADE, WELL-DEFINED COPPER RESOURCES personal BLOCK For use only 4 & 5 PROJECTS
Slide 26: Summary
SUMMARY Li Zn Cu Pb Ag For personal use only Critical Minerals High Quality Asset Management Focused Growth Markets Base Team Strategy Base metals and critical High quality assets in Dynamic management Well financed with clear minerals markets are key commodities and team brings experience strategy
Slide 27: For more information, please contact
ASX:CRR | CRITICALRESOURCES.COM.AU For personal use only For more information, please contact Alex Biggs Managing Director Email: alex@criticalresources.com.au Tel: +61 08 9389 4499 Li Zn Cu Pb Ag