Waratah Minerals Limited · ASX:WTM

Waratah Minerals — Battery Minerals — RIU Resurgence Conference 2021

14 slides from Waratah Minerals's conference presentation, Dec 1, 2021

  1. Slide 1: Drilling Holes in Elephant Country

    DRILLING HOLES IN ELEPHANT COUNTRY RIU Resurgence Conference | Westin Hotel Perth | 1 December, 2021

  2. Slide 2: Presentation Summary and Capital Structure

    SHARE PRICE FOR THE LAST 12 MONTHS Presentation Summary 1. Corporate snapshot 2. Tirupati Graphite agreement, Mozambique 3. Stavely-Stawell Copper Gold Project, Victoria CAPITAL STRUCTURE Shares on Issue (ASX Code: BAT) 2,102M 4. Russells Copper Project, Board and Management ~5% fully diluted Wester

  3. Slide 3: Tirupati Graphite (TPG) – Transaction Summary

    TIRUPATI GRAPHITE (TPG) – Transaction Summary (Please also see ASX release dated 17th August 2021) 1. A$12.5M in cash and shares to Battery Minerals Limited (BAT) a) A$1.5M cash and A$11M in TPG shares b) A$5.5M TPG shares 8 months escrow from completion c) A$5.5M TPG shares 20 months escrow from co

  4. Slide 4: Major Australian Copper Deposits

    Major Australian Copper Deposits 1. https://www.ga.gov.au/data-pubs/data-and-publications- search/publications/australian-minerals-resource- assessment/copper 4

  5. Slide 5: Large Landholding, Past Production, Proven Structures

    LARGE LANDHOLDING PAST PRODUCTION PROVEN STRUCTURES PROSPECTIVE ROCKS MA JOR SYSTEM LIMITED EXPLORATION • Tenement Granted October 2020 • 721sqkm of under-explored tenure • Last sustained exploration effort early 1990s (Gold A$400/oz) • 40 km strike and 117sqkm of Mt Stavely Volcanics • 67 km strike

  6. Slide 6: Exploration Targets

    EXPLORATION TARGETS • ~30 years since last explored • Moyston Fault Corridor Au, Ni • Stawell Gold Corridor • Stavely Volcanics Au, Cu, Ni • Historical production ~100,000oz Au ● Improved Techniques • Mag, Gravity, Worldview, Lidar, EM • Soils and Rock Chip assay detection limits • Air Core Drilling

  7. Slide 7: Priority Drill Targets – Next 3 Months

    PRIORITY DRILL TARGETS1 NEXT 3 MONTHS 375 HOLES, 15,000 METRES • Nine Mile : drilling 2m @ 1.06 g/t Au, historical workings in Jallukar, Moyston Fault1 • Kent Road : float & subcrop, altered porphyry, soils historical drilling anomaly, NW/NE faults, mag feature in volcanics1 • Frying Pan: historical

  8. Slide 8: Priority Drill Targets – Next 3 Months

    PRIORITY DRILL TARGETS1 NEXT 3 MONTHS 375 HOLES, 15,000 METRES • Nine Mile : drilling 2m @ 1.06 g/t Au, historical workings in Jallukar, Moyston Fault1 • Kent Road : float & subcrop, altered porphyry, soils historical drilling anomaly, NW/NE faults, mag feature in volcanics1 • Frying Pan: historical

  9. Slide 9: Russells Copper Project with Regional Nickel, PGE, Copper and Gold Prospects

    RUSSELLS COPPER PROJECT WITH REGIONAL NICKEL, PGE, COPPER AND GOLD PROSPECTS • Halls Creek Tectonic Zone – confluence of major structures and mineralization styles; • Michigan Cu-Ag • Sulphide Ni+Cu+PGEs • Skarn Cu-Au • Halls Creek Fault related orogenic Au+Cu/Pb/Zn/Ag

  10. Slide 10: Russells Copper Project

    RUSSELLS COPPER PROJECT2 • Halls Creek Tectonic Zone – confluence of major structures • Only 13 historic drill holes • Soils >100 ppm Cu 16km strike (including ELA80/5348) • Rock chips to 30% Cu at surface • High quality VTEM data flown • Vendors include Kimberley traditional owners (47%) • Heritage

  11. Slide 11: Russells Copper Project – Epithermal Prospect

    RUSSELLS COPPER PROJECT Epithermal Prospect 11

  12. Slide 12: Russells Copper Project – Trem Jones Prospect

    RUSSELLS COPPER PROJECT Trem Jones Prospect 12

  13. Slide 13: Next Steps

    NEXT STEPS Mozambique 1. Complete administrative transfer to Tirupati Graphite and receive proceeds Graphite Projects of $12.5M in cash and shares – ongoing 1. Drilling – ongoing Stavely – Stawell 2. Sustain land access and community engagement– ongoing 3. Process 200m spaced Falcon gravity data – o

  14. Slide 14: Disclaimer

    DISCLAIMER • The information in this report that relates to Exploration Results from Forward Looking Statements • The information in this report that relates to Battery Minerals’ Battery Minerals’ Stavely-Stawell Copper Gold Project, Victoria and Russells Mineral Resources or Ore Reserves is a compi

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