Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — Investor Presentation (January 2024)
22 slides from Zenith Minerals's investor presentation, Jan 31, 2024
Slide 1: Company Update – January 2024
For personal use only Australian-based Mining Exploration Company Zenith Minerals Limited (ASX:ZNC) Leveraged to the developing clean COMPANY UPDATE – JANUARY 2024 energy world
Slide 2: Forward looking & JORC statements
Forward looking statements Some statements in this Company Update regarding prospects, estimates or future events are forward looking statements. They involve risks and uncertainties that could cause actual results to differ from estimated results. Forward looking statements include estimates or ass
Slide 3: Corporate Snapshot and Major Shareholders
Major Shareholders Share Price Shares on Issue $0.14 352.4m For personal use only Corporate Market Cap Cash1 Directors 2.7% Top 20 Snapshot BNP Paribas Noms 8.7% $49.3m $1.3m HSBC Custodian Noms 8.6% Hold 48% Citicorp Noms 6.3% Listed Equities Enterprise Value Tilbrook 5.2% $2.5m $45.5m As at 31-Dec
Slide 4: Zenith Board & Management
Zenith Board & Management Michael Clifford Andrew Grove Chris Shanley For personal use only Managing Director Non-Executive Director Exploration Manager • Geologist (BSc (Hons) MSc) 35+ years’ exploration. Senior • 30+ years’ experience in the global resources sector, most • Chris joined Zenith Mine
Slide 5: Lithium Focussed Developer
Lithium Focussed Developer Primary focus on Split Rocks and Waratah Well Projects, For personal use only with additional prospective gold and base metals exposure Project Ownership % Other Interest Waratah Well 100% Split Rocks 100% 75% Rumble Resources Earaheedy JV – 25% Free Carried Interest (ASX:
Slide 6: WA Lithium Projects
WA Lithium Projects Zenith owns one of only seven JORC lithium Mineral Resources1 For personal use only and one of the fourteen best lithium exploration prospects in WA2 Western Australian Lithium Landscape 3 8 7 14 Lithium Hydroxide Lithium Mines JORC Resources Advanced Facilities exploration plays
Slide 7: Azure Capital Appointed as Corporate Adviser
Azure Capital Appointed as Corporate Adviser Recent ZNC Updates Recent ZNC Updates For personal use only • Strategic review of Zenith’s Lithium business - maximise value for shareholders 1 Maiden Lithium Mineral Resource at Split Rocks • Zenith will assess all options for future funding including po
Slide 8: Zenith Lithium Projects
Zenith Lithium Projects Split Rocks For personal use only • JORC Inferred Mineral Resource 11.9Mt @ 0.72% Li2O, 415ppm Cs, 75ppm Nb, 217ppm Sn and 59ppm Ta (0.5% Li2O cut-off grade)1 • Best intersections 26m @ 1.2% Li2O 10m @ 1.7% Li2O 13m @ 1.9% Li2O Waratah Well • 10m @ 1.4% Li2O including 6m @ 2%
Slide 9: Split Rocks – Strong Blue-Sky Potential
Split Rocks – Strong Blue-Sky Potential 2022 Program – 100 holes for 22,369m - results include1: Extensive tenement holdings (367 26m @ 1.2% Li2O sq km) in the Forrestania For personal use only 10m @ 1.7% Li2O greenstone belt north of Mt Holland 13m @ 1.9% Li2O lithium mine (SQM-Wesfarmers) +$9.4M s
Slide 10: Waratah Well - Lithium
Waratah Well - Lithium Located 20km northwest of Yalgoo in the Murchison For personal use only Region, 190km from the Geraldton Port Discovery of shallow blind high grade lithium mineralisation from RC drilling in pegmatites just north of an outcropping 4x2km pegmatite field. Pegmatites shallow dipp
Slide 11: Waratah Well – High Grade Lithium Drill Results
Waratah Well – High Grade Lithium Drill Results PLAN High-grade lithium open to north, south and east under For personal use only shallow soil cover 10m @ 1.4% Li2O including 6m @ 2% Li2O Significant follow-up RC drilling planned and budgeted Heritage cleared and ready to go CROSS SECTION For full r
Slide 12: Hayes Hill – Lithium & Nickel
Hayes Hill – Lithium & Nickel Green Bananas Nickel Prospect1 For personal use only SE of the Dome North lithium deposit (ESS) High-tenor Ni-Cu-Pt-Pd surface geochemical anomaly at Green Bananas north of the Calisto Ni- PGE discovery EM Geophysics defined two strong conductors up to 20,000 siemens Re
Slide 13: Investment Highlights
100% owner of the highly prospective Split Rocks and Waratah Well lithium projects in Western Australia For personal use only Highly leveraged to future green energy demand, along with Investment ongoing corporate activity in the lithium sector Highlights Strong board and management team to continue
Slide 14: Appendix – Additional Project Information and Data References
Appendix – Additional Project Information and Data References For personal use only Zenith Minerals Limited Investor Presentation – January 2024 14
Slide 15: WA Lithium Exploration Projects and Transactions
WA Lithium Exploration Projects and Transactions Western Australian lithium exploration projects with drill intersections >10m @ 1%Li2O(1) For personal use only Name Reference Owner References Bounty ASX: KDR 19 December 2017 Wesfarmers Limited & SQM JV (Covalent Lithium) South Ironcap ASX: WSA 22 A
Slide 16: WA Lithium Exploration Projects and Transactions
WA Lithium Exploration Projects and Transactions Reference Company ASX:Ticker Date Transaction Summary1 (Takeover bid of ESS) by Tianqi Lithium Energy Australia (TLEA JV own 51% Tianqi Lithium Corporation and 49% IGO) to acquire 100% of For personal use only A Essential Metals ESS 9/01/2023 ESS Refe
Slide 17: Split Rocks – Rio Prospect
Split Rocks – Rio Prospect 2022 Program – 100 holes for 22,369m Extensive drilling program planned to test strike For personal use only Best intersections include1: 26m @ 1.2% Li2O extensions & geochemical targets 10m @ 1.7% Li2O Rio Mineral Resource (Sep 2023) - open along strike 13m @ 1.9% Li2O PL
Slide 18: Split Rocks – Rio Prospect Maiden Mineral Resource
Split Rocks – Rio Prospect Maiden Rio Mineral Resource – Sep 2023 For personal use only The Mineral Resource estimate for the Split Rocks Rio project reported at a 0.5% Li2O cutoff is shown below. The entire resource is classified Inferred and is open at depth and along strike. Pegmatite domains and
Slide 19: Split Rocks (Dulcie Far North) – Gold Exploration
Split Rocks (Dulcie Far North) – Gold Exploration Dulcie Far North Resource Expansion Plan projection of Inferred Mineral Resource Gold Grade For personal use only Maiden Inferred Mineral Resource – 3.4 million tonnes @ 1.4g/t Au for 150,000 ounces1 High grade gold mineralization intersected, includ
Slide 20: Red Mountain Gold-Silver Intrusion Related Breccia Pipe
Red Mountain Gold-Silver Intrusion Related Breccia Pipe Located 400km northwest of Brisbane in central PLAN CROSS SECTION Queensland - between Cracow (Aeris Resources) and Mt For personal use only Rawdon (Evolution Mining) gold mines Compelling high-grade gold and silver intersections including:1 •
Slide 21: Earaheedy – Zinc/Lead/Silver
Earaheedy – Zinc/Lead/Silver (25% free carry to completion of BFS) Zenith holds a 25% free carried interest in the Earaheedy Joint For personal use only Venture (EJV) with Rumble Resources Ltd (ASX:RTR) 3D View maiden EJV Zn-Pb-Ag Inferred Mineral Resource - 100% basis An emerging Tier-1 base metal
Slide 22: Australian-based Minerals Explorer
For personal use only AUSTRALIAN-BASED MINERALS EXPLORER FOR THE PRODUCTS OF TOMORROW Zenith Minerals Limited (ASX:ZNC) www.zenithminerals.com.au
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