Critical Resources Ltd · ASX:CRR
Critical Resources — Prospectors and Developers Association of Canada (PDAC) 2024
20 slides from Critical Resources's conference presentation, Mar 4, 2024
Slide 1: Critical Resources: Focussed on future production in North America's premier lithium district
ASX : CRR Critical Resources: Focussed on future production in North America's premier lithium district Prospectors and Developers Association of Canada (PDAC) March 2024 Booth 2415B
Slide 2: Highlights
Highlights Class-leading location Robust lithium fundamentals Experience and focus Immediate access to utilities, Significant supply deficit Management team with hands- services and infrastructure (road, forecast, limited development on, hard-rock lithium project rail and port) necessary to pipeline
Slide 3: Strategy for Value Creation
Strategy for Value Creation The rapid growth and development of the Mavis Lake Lithium Project will position the Company to capitalise on the unprecedented investment and demand growth for lithium raw materials necessary to underpin the North American automotive industry Secure Strategic Partners Gr
Slide 4: Market Dynamics
Market Dynamics Global EV sales all vehicle classes 20 2023 Supply 914 kT LCE 18 18 16 14 13.8 2030 Supply(f) 1,746 kT LCE 12 10.5 10 8 2030 Demand (f) 2,760 kT LCE 6 4 2 *Average Mine/Concentrator: 45,000 T LCE per annum 0 ~ 300,000 T SC6 per annum 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024(
Slide 5: Mavis Lake Project
_ Mavis Lake Project _
Slide 6: Generating Momentum since Project Acquisition
Generating Momentum since Project Acquisition Dec 22 Jul 23 Nov 23 Acquisition of Rock-chip assay Over 8km of high- Gullwing/Tot results up to 3.2% confidence drilling Prospects Li2O at Tot targets identified Prospect* over the Northen Prospects* Jan 22 Apr 22 Jun 22 Sep 22 Mar 23 May 23 Jul 23 Nov
Slide 7: Momentum Continues in 2024
Momentum Continues in 2024 Northern Prospects Geophysical and soils sampling results pending for Northern Prospects Results to underpin development of high-confidence future drill targets Initial drill testing of Northern Prospects subject to Board approval Main Zone 2023 drilling results to be inco
Slide 8: Project Location
Project Location Corporate Presentation | 8
Slide 9: Infrastructure Rich
Infrastructure Rich World-class infrastructure and utilities surround the Project • Low-cost residential exploration (and future mining operations) based out of Dryden • Existing road rail and port infrastructure provides path to MAVIS LAKE LITHIUM PROJECT global markets via dry-bulk shipping • Util
Slide 10: Defined Resource
Defined Resource Spodumene bearing pegmatite, at surface, drill-hole collar MF23-197* Main Zone contains the Resource base to underpin a future mining operation • Maiden Mineral Resource Estimate (MRE) released in May 2023 – 8Mt @ 1.07% Li2O* • A further 16,753 drill meters completed in 2023, all re
Slide 11: Year on Year Growth Potential
Year on Year Growth Potential Multiple large spodumene bearing outcrops yet to be drill tested Spodumene bearing rockchip from Tot outcrop, near • Approximately 8km of strike with high-grade assays* from rock chips sample 347562 and channel sampling across the Northern Prospects, including: - Sample
Slide 12: Mineral Mapping
Mineral Mapping QEMSCAN images of Main Zone Pegmatite Developing a detailed understanding of flowsheet requirements • Mavis Lake Pegmatites exhibit typical mineral suite • Spodumene is the predominant lithium mineral • QEMSCAN has identified predominantly large spodumene crystals within the Main Zon
Slide 13: Ongoing Studies and Assessment
Ongoing Studies and Assessment Trailcam images captured during the Fall-Winter fauna classification Positioning the Project as a future supplier of lithium raw materials • Year 2 baseline studies to commence in Spring and include hydrology, archaeology, terrestrial and wetlands • Baseline noise, air
Slide 14: 2024 Project Work Streams
2024 Project Work Streams Catalysts for Value Creation Q1 2024 Q2 2024 Q3 2024 Q4 2024 Exploration and Resource Growth Strategic asset/opportunity review Drill testing Northern Prospects/Main Zone extension Mineral Resource Estimate – Upgrade (from 2023 drilling) Mineral Resource Estimate – Upgrade
Slide 15: Alex Cheeseman, Managing Director
Alex Cheeseman Managing Director Email: info@criticalresources.com.au Tel: +61 (0)8 9465 1024 ABN: 12 145 184 667 Level 45, 108 St Georges Terrace Perth, Western Australia, 6000 ASX:CRR | CRITICALRESOURCES.COM.AU
Slide 16: Disclaimer
Disclaimer Summary Information This document contains a summary of information about Critical Resources Limited (“Critical obligations or undertaking to release any updates or revisions to the information in this document to reflect any change in Resources” or “the Company”) and its activities that
Slide 17: Exploration Disclosure
Exploration Disclosure COMPLIANCE STATEMENT This document contains information relating to Exploration Results in respect of the Mavis Lake project extracted from ASX market announcements reported previously and published on the ASX platform on those dates noted below. The Company confirms that it i
Slide 18: Mineral Resource Estimate
Mineral Resource Estimate COMPLIANCE STATEMENT This document contains information relating to the Mineral Resource estimate for the Mavis Lake Lithium Project is extracted from the Company’s ASX announcement dated 5 May 2023. The Company confirms that it is not aware of any new information or data t
Slide 19: Over $47Bn of regional investment in Battery/EV production
Over $47Bn of regional investment in Battery/EV production Corporate Presentation | 19
Slide 20: Main Zone Plan View and Section Reference
Main Zone Plan View and Section Reference A A’ Corporate Presentation | 20
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