Venari Minerals Nl · ASX:VMS
Venari Minerals Nl — Astute Metals NL — Resources Rising Stars Gold Coast Investor Conference 2024
24 slides from Venari Minerals Nl's conference presentation, Sep 3, 2024
Slide 1: Resources Rising Stars Gold Coast Investor Conference
3 September 2024 RESOURCES RISING STARS GOLD COAST INVESTOR CONFERENCE Astute Metals NL (ASX: ASE, “Astute” or “the Company”) is pleased to advise that its Executive Director and Chief Executive Officer, Mr Matthew Healy, will be presenting at the Resources Rising Stars Gold Coast Investor conferenc
Slide 2: Value-creation through Discovery
For personal use only Value-creation through DISCOVERy Investor Presentation | September 2024 ASX: ASE
Slide 3: Disclaimer and Forward-Looking Statement
DISCLAIMER AND FORWARD-LOOKING STATEMENT IMPORTANT NOTICE & DISCLAIMER The purpose of this presentation is to provide background information to assist readers in obtaining a general understanding of Astute Metals NL (‘Astute’ or ‘the Company’) and its objectives. Readers should make their own indepe
Slide 4: An Astute Investment
AN ASTUTE INVESTMENT Lithium Clay Discovery at Red Mountain (USA) For personal use only • Maiden drilling campaign discovered high-grade mineralisation within 8 km-long soil anomaly • Aspirational target to define one of the top four lithium clay projects in the USA Copper-Gold Discovery potential a
Slide 5: Corporate Overview
CORPORATE OVERVIEW Share Price ASX: ASE Key Financials For personal use only Share Price (@ 30.08.24) $0.03 4,000,000 0.06 Shares on Issue 530,037,659 3,500,000 Options Nil 0.05 3,000,000 Loan Funded Shares 18,235,0001 0.04 Share Price ($AU) 2,500,000 Market Cap (@ 30.08.24) $15.9 m Volume 2,000,000
Slide 6: Board and Management
BOARD AND MANAGEMENT Tony Leibowitz Non-Executive Chairman Matt Healy Executive Director & CEO For personal use only Mr Leibowitz is a Fellow of the Institute of Chartered Mr Healy is a highly experienced geologist and Australian Accountants, Australia with over 30-years corporate finance, mining ex
Slide 7: Nevada Lithium Clays
NEVADA LITHIUM CLAYS For personal use only Battery Product Low Cost of Large-scale Produced at Mine Production Projects Lithium clay projects such as Compared to hard-rock Large-scale continuous Thacker Pass1, Clayton Valley6 projects, Lithium clays are geology with long mine-life, and TLC Lithium3
Slide 8: Warren Buffett quote
For personal use only “The Stock Market is a device for transferring money from the impatient to the patient” Warren Buffett 7
Slide 9: The Case for Lithium Remains Strong
THE CASE FOR LITHIUM REMAINS STRONG For personal use only Source: Sprott Special Report – Lithium: Short-term opportunities for a long-term trend, July 2024 Source: Fastmarkets April 2024 8
Slide 10: Lithium Clay – A Low Cost Pathway to a Battery Product
LITHIUM CLAY – A LOW COST PATHWAY TO A BATTERY PRODUCT For personal use only Pilgangoora Lithium Clay Projects Benchmark 29/08 LCC Index USD $10,265 Source: TSX.V: LI April 2023 - American Lithium Corporate Presentation 9
Slide 11: Nevada Lithium (100%) Red Mountain
NEVADA LITHIUM (100%) RED MOUNTAIN For personal use only Large-scale discovery: • Discovered by Astute in June 2024 in maiden drilling campaign • All eleven holes intersected lithium mineralisation, over 4.6km+ strike • Mineralisation starts at surface with intersections up to 80m thick • Elevated l
Slide 12: Red Mountain is High-Grade Compared With Most Clay Deposits
RED MOUNTAIN IS HIGH-GRADE COMPARED WITH MOST CLAY DEPOSITS For personal use only 11
Slide 13: Red Mountain – A Large-Scale Discovery
For personal use only RED MOUNTAIN – A LARGE-SCALE DISCOVERY RMRC001 59.4m @ 1,300ppm Li Northernmost drill hole 12
Slide 14: Next Steps
Next Steps: • Diamond drilling to confirm geological interpretation - October 2024 • Initial metallurgical testwork - CY24 • Geological Mapping – CY24 • For personal use only Extensional and infill drilling – CY25 • Maiden Mineral Resource Estimate planned for 2025 13
Slide 15: Georgina IOCG Project Copper-Gold
GEORGINA IOCG PROJECT For personal use only COPPER-GOLD Location Work to Date Prime Target Between the historic copper- Leveraging substantial Gravity modelling has gold mining regions of Mount geoscience work completed revealed a high-density target Isa and Tennant Creek, ‘East by Geoscience Austra
Slide 16: Georgina IOCG (100%) Base Metals & Gold
GEORGINA IOCG (100%) BASE METALS & GOLD For personal use only Location: • Between historic mining districts of Tennant Creek and Mount Isa • Ten granted tenements, three under application - 4,522km2 IOCG deposits an attractive exploration target: • Iron oxide copper gold (IOCG) deposits are large an
Slide 17: Previous drilling intersected copper anomalism and uranium
For personal use only Previous drilling intersected copper anomalism and uranium (0.24% U3O8 and 819ppm Cu from 689.09-689.41m) Drill testing Leichhardt East in November 2024 16
Slide 18: Leichhardt East a 'Text-Book' IOCG target
Leichhardt East a ‘Text-Book’ IOCG target For personal use only Source: Geoscience Australia ‘Iron oxide copper-gold mineral system’ https://www.ga.gov.au/data-pubs/data-and-publications-search/publications/critical-commodities-for-a-high-tech-world/iron-oxide-copper-gold 17
Slide 19: Governor Broome Heavy Mineral Sands
GOVERNOR BROOME For personal use only HEAVY MINERAL SANDS Location Mineralogy Performance In the Southwest WA Mineral High-value quality-of-life Conventional WCP methods Sands district, within trucking commodities zircon and produced heavy mineral distance to heavy mineral titanium minerals ilmenite
Slide 20: Governor Broome (100%) Mineral Sands
GOVERNOR BROOME (100%) MINERAL SANDS For personal use only Location: • 95km from Busselton by road in Southwest Mineral Sands district • Four processing plants and deepwater port within 135km by sealed road JORC Mineral Resources: • 101Mt combined incl 94.4Mt of Measured and Indicated @ 4.5% HM Scop
Slide 21: Active Exploration News-flow
Active Exploration News-flow For personal use only Red Mtn. Ranken ANT Red Leichhardt Diamond Geophysical Mountain East drilling Survey Met Results Drill Assays Sept Oct Nov Dec Jan Leichhardt Red Georgina Red Red East Mountain VTEM Mountain Mountain Diamond Met Surveying mapping Drill Assays Drilli
Slide 22: Why Invest in Astute Metals?
WHY INVEST IN ASTUTE METALS? • Red Mountain lithium clay discovery in Nevada with high-grade and large-scale characteristics For personal use only • Early in the value-creation journey for Red Mountain • Poised to advance a highly attractive project through a Lithium price recovery • Benefit of este
Slide 23: Footnotes and Competent Person Statements
Footnotes and Previous Announcements Competent Person Statements 1. https://www.fortunebusinessinsights.com/press-release/global-lithium-market-10289 The information in this report that relates to Nevada Lithium Exploration is in-part 2. https://www.fraserinstitute.org/studies/annual-survey-of-minin
Slide 24: Contacts
For personal use only Contacts Matt Healy Nicholas Read Executive Director & CEO Media & Investor Relations mhealy@astutemetals.com nicholas@readcorporate.com.au +61 (0) 431 683 952 +61 (0) 419 929 046 23
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