Platina Resources Limited · ASX:PGM
Platina Resources — Gold Coast Investor Forum 2022
20 slides from Platina Resources's conference presentation, Jun 22, 2022
Slide 1: Going for Gold
22 JUNE 2022 GOING FOR GOLD Investor Presentation Gold Coast Investor Forum Corey Nolan, Managing Director
Slide 2: Corporate Snapshot
Corporate Snapshot Share price $0.031 52 week high $0.105, low $0.03 20 June 2022 XANADU PROJECT Platina is a Western Shares on issue Australian gold explorer, 434m and owns a world-class Market capitalisation scandium project in New South Wales $13.5m PLATINA RESOURCES ASX: PGM Cash & investments $
Slide 3: Holds investments with a value of $5.7 million
And holds investments with a value of $5.7 million TSXV: MOON NEO: SIZE A$3.7m A$0.17m 49 million shares 6 million shares Developing a large AIM: UFO gold and platinum Developing a zinc A$1.8m deposit rich in gold and silver in the USA group metal project in Greenland 138 million shares Developing i
Slide 4: Key Share Price Drivers
Key Share Price Drivers Sale of investments - minimises future equity dilution 02 Exploration upside 01 Unlocking the 03 value of the other assets
Slide 5: Strategic focus towards Western Australia gold
Strategic focus Hemi Telfer towards Western Paulsens XANADU PROJECT Australia gold Mt Olympus Karlawinda Yilgarn Craton • World-class gold province • High discovery potential MT NARRYER PROJECT • Excellent infrastructure Big Bell • Sophisticated exploration drilling capabilities PLATINA RESOURCES AS
Slide 6: New exploration manager to drive gold strategy
Rohan Deshpande New exploration manager to drive gold strategy PLATINA RESOURCES ASX: PGM ASX: PGM SLIDE / 6 6
Slide 7: Xanadu Gold
Xanadu Gold Exploration acreage 562 km2 38 km from Paraburdoo PLATINA RESOURCES ASX: PGM LEGEND ASX: PGM Xanadu Project Eastern Area Prospect Pit SLIDE / 7 4kms 7
Slide 8: Xanadu Project: Systematic Exploration Required
Xanadu Project Heap leach pads and ore stockpile, and historical mine Systematic Exploration Required • Historical focus on shallow oxide mineralisation for heap leach operation • Large number of economic grade and width drill intersections, including: ➢ PNS359 – 12m @ 5.05g/t Au PLATINA RESOURCES A
Slide 9: Xanadu Project: Attractive Geological Target
Xanadu Project Attractive Geological Target Geological setting • Regional scale structural setting – 2 Mozs nearby • Widespread gold mineralisation within a large and intense PLATINA RESOURCES ASX: PGM hydrothermal alteration system • Favourable host rocks ASX: PGM • Very few deeper drill holes Targ
Slide 10: Xanadu Project: Drilling approvals underway
Xanadu Project Drilling approvals underway Exploration strategy • Geophysics and geochemistry completed in the northern 10km strike of the tenements • RC drilling planned • Target unexplored 35km PLATINA RESOURCES ASX: PGM strike extension Next steps ASX: PGM • Plan of Works (POW) approved • Cultura
Slide 11: Challa Project: Targeting major gold deposits undercover
Challa Project Targeting major gold deposits undercover Prime location • Two exploration licences covering 293km2 • Prolific gold producing district: ➢ Sandstone 1.3 million ozs ➢ Mt Magnet 6 million ozs ➢ Youanmi 670,000 ozs PLATINA RESOURCES ASX: PGM Minimal historical exploration • Limited recent
Slide 12: Challa West
Challa West Soil sampling used to identify anomalies • Challa shear structure - major structure associated with 1Moz Au deposits • Favourable greenstone host rocks • Hydrothermal alteration along zones PLATINA RESOURCES ASX: PGM of major structural dislocation ASX: PGM SLIDE / 12 12
Slide 13: Challa East
Challa East Drilling planned to test soil anomalies • Paynesville gold trend with gold workings and occurrences • Outcropping gold mineralization – grades up to 6.6g/t Au in rock chips PLATINA RESOURCES ASX: PGM ASX: PGM SLIDE / 13 13 Gold in quartz found outside E58/533 on Paynesville gold trend
Slide 14: Mt Narryer Project
Tenement application E09/2423 Mt Narryer Project Target analogous to the Julimar discovery MT NARRYER PROJECT Prime location • Application covering 165km2 • Located in the western Yilgarn Craton Big Bell Mt Magnet • Very little modern exploration due to lack CHALICE MINING of outcrop JULIMAR PROJECT
Slide 15: Definitive Feasibility Study Results
Definitive Feasibility Study Results December 2018* Platina Scandium Project Start up CAPEX Stage 2 CAPEX Unlocking the value of a world- class scandium resource A$68m A$16m • Master alloy development program: Post-tax NPV (8% real) Post-tax IRR • diversifying the product mix and project marketabili
Slide 16: PSP: significantly undervalued compared to peers
PSP: significantly undervalued compared to peers Market Capitalisation Scandium & other metals Pure play scandium ($A million) ASX: PGM 13.5 15 34 38 PLATINA RESOURCES ASX: PGM 144 220 ASX: PGM 237 752 0 50 100 150 200 250 300 SLIDE / 16 There is no guarantee that Platina will achieve any of the val
Slide 17: Share price catalysts
Share price catalysts 05 04 Realising value from investments 03 Unlocking value of non-core 02 PLATINA RESOURCES ASX: PGM Mergers & assets acquisitions 01 Mt Narryer gold ASX: PGM prospect granted Challa & Xanadu drilling programs SLIDE / 17 17
Slide 18: Disclaimer
Disclaimer CAUTIONARY AND FORWARD-LOOKING STATEMENTS COMPETENT PERSON STATEMENT This presentation contains “forward-looking information” which may include, but is not limited to, statements with The information in this presentation that relates to Exploration Results, Mineral Resources and Ore Reser
Slide 19: Scandium Comparatives Summary
Appendix 1 Scandium Comparatives Summary Company & Website Ticker Status Description Imperial Mining Group Company TSXV:IPG Explorer Exploration company targeting scandium / niobium / tantalum / rare earths at the Crater Lake project in Quebec, Canada. IPG has been Limited undertaking drilling and m
Slide 20: Contact
Contact Corey Nolan Managing Director Telephone: +61 7 5580 9094 Email: admin@platinaresources.com.au platinaresources.com.au