Critical Resources Ltd · ASX:CRR
Critical Resources — Investor Presentation (October 2022)
23 slides from Critical Resources's investor presentation, Oct 11, 2022
Slide 1: ASX Announcement: Lithium Focused, Emerging Project Developer
ASX Announcement 11 October 2022 Lithium Focused, Emerging Project For personal use only Developer Critical Resources Limited (ASX:CRR) (“Critical Resources” or “the Company”) advises that following the commencement of Mr Alex Cheeseman as the Company’s Managing Director, Critical Resources is pleas
Slide 2: About Critical Resources Limited
ABOUT CRITICAL RESOURCES LIMITED Critical Resources is advancing and developing critical metals projects for a decarbonised future. The Company’s primary objective is the rapid development of its flagship Mavis Lake Lithium Project, located in Ontario, For personal use only Canada. Mavis Lake is an
Slide 3: Corporate Presentation: Lithium Focused Emerging Project Developer
For personal use only Corporate Presentation Lithium Focused Emerging Project Developer 11 October 2022
Slide 4: Disclaimer
Disclaimer Summary Information This document contains a summary of information about Critical Resources Limited since the date of this document. (“Critical Resources” or “the Company”) and its activities that is current as at the date of this document unless For personal use only otherwise stated. T
Slide 5: Emerging Lithium Developer
Emerging Lithium Developer ▪ Primary focus on developing the flagship Mavis Lake lithium project: For personal use only o Currently* ~13,000 meters completed on a projected ≈17,000-meter drill program o ~22,000 total project drill meters to date o Recent assays returned the highest-grade lithium res
Slide 6: Quality Lithium Portfolio centered in Ontario
Quality Lithium Portfolio centered in Ontario For personal use only Canadian project portfolio comprises of: ▪ Mavis Lake ▪ Graphic Lake ▪ Plaid and Whiteloon Lake Building a lithium resource footprint in Ontario: ▪ First class, low risk mining jurisdiction ▪ Well developed road and rail infrastruct
Slide 7: North America's Lithium Independence
North America’s Lithium Independence For personal use only ▪ The US (government and industry) is taking unprecedented steps to secure their lithium supply chains ▪ US and Canadian governments are implementing policy to support localised raw material projects and encourage downstream development ▪ Au
Slide 8: Lithium Supply-Demand dynamics
Lithium Supply-Demand dynamics 3,322,000 T LCE For personal use only needed 678,000 T LCE 2022 Supply Higher battery demand had already resulted in the price of battery metals VS skyrocketing, with the price of lithium eight 2035 Demand 4,000,000 t LCE times higher than at the start of 2021 Source -
Slide 9: Corporate Overview
Corporate Overview For personal use only Capital Structure: $0.63 1.49bn $~103m $5.4m 33% Share Price* Shares on Issue Market Cap* Cash at 30 Sep 2022 Top 20 shareholders* 0.16 350000000 0.14 Capital Structure: 300000000 0.12 250000000 0.1 200000000 0.08 150000000 0.06 100000000 0.04 0.02 50000000 0
Slide 10: Board and Management
Board and Management For personal use only Robert Martin | Non-Executive Chairman Mr Martin has more than 25 years’ experience across a broad range of sectors, including mining, manufacturing, mining services and capital markets. He is currently Non-Executive Chairman and Director for several ASX re
Slide 11: Mavis Lake Lithium Project
For personal use only Mavis Lake Lithium Project
Slide 12: Mavis Lake Overview
Mavis Lake Overview For personal use only Located in Ontario Canada, A high-grade lithium Aggressive resource a tier-one mining jurisdiction project with immediate definition and growth focus emerging lithium hub path to market in 2022 and 2023 Excellent assay results to Exceptional location with Mi
Slide 13: Class leading Project location
Class leading Project location For personal use only ▪ ~19km from the town of Dryden, the second largest city in the Kenora District of Northwestern Ontario ▪ 3 hours drive (trans-Canada Highway) to the export port of Thunder Bay ▪ Rail network services Canada and the US ▪ Hydropower station service
Slide 14: Aggressive and Diligent Development Strategy
Aggressive and Diligent Development Strategy ▪ Over 20 LCT pegmatites mapped prior to the Company acquiring For personal use only the project ▪ 2022 Phase 1& 2 drill programs (total 10,000m) completed in August* ▪ 2022 Phase 3 drilling campaign progressing well (2,500m incremental extensions) ▪ 131
Slide 15: Exploration Delivering High-Grade Results
Exploration Delivering High-Grade Results For personal use only Depth ASX Interval Li2O Drill Hole From Including announcemen (m) (%) (m) t date MF22-60 11.57 7.63 1.35 14-Jul-22 MF22-61 105.67 4.28 0.85 14-Jul-22 MF22-63 65 5.3 0.98 14-Jul-22 MF22-64 159.1 18.1 0.98 5.66m @ 1.7% Li2O 16-Jun-22 MF22
Slide 16: Transitioning from Explorer to Lithium Developer
Transitioning from Explorer to Lithium Developer October 2022 For personal use only Commencement of April 2022 Resource Modelling Jan 2022 August 2022 Completed Mavis Maiden drill program July 2022 Commencement of Commencement of Lake acquisition commenced Phase 3 drill program Met Test Work Assays
Slide 17: Well-Positioned for Significant Growth
Well-Positioned for Significant Growth For personal use only Recent Milestones ▪ Incident free drilling program underway since April $10 Billion ▪ Exceptional exploration results in August and September ▪ Recruitment of experience, delivery focussed $1 Billion Lithium Executive as MD ▪ Transitioning
Slide 18: Canada Lithium Portfolio
For personal use only Canada Lithium Portfolio
Slide 19: Complimentary Lithium Projects to Drive Growth
Complimentary Lithium Projects to Drive Growth For personal use only Graphic Lake Plaid and Whiteloon Lake ▪ Project acquired February 2022 ▪ Projects staked by Critical Resources in April 2022 ▪ Sampling in early 2000’s returned anomalous values of Li, ▪ 5,700 Ha of Li claims in the area known as ‘
Slide 20: Appendix
For personal use only Appendix
Slide 21: High-Grade Base-Metals Project in NSW
High-Grade Base-Metals Project in NSW For personal use only Historically shallow mining and exploration – no ▪ Located in prolific New South Wales base-metal region, close to previous exploration beyond historic and currently producing mines 200m depth ▪ Drilling of a ~6,400m program, targeting larg
Slide 22: Oman Copper Project
Oman Copper Project* For personal use only Block 5 JORC 2012 Compliant Resource (Measured, indicated and inferred of 0.8Mt at 3.4% Cu, including high-grade zone of 0.5Mt at 4.5%) Baseline environmental studies approved Low-cost operating region Local copper processing operations 2.5 hours drive from
Slide 23: Alex Cheeseman, Managing Director
For personal use only Alex Cheeseman Managing Director Email: info@criticalresources.com.au Tel: +61 08 9389 4499 ABN: 12 145 184 667 Level 50, 108 St Georges Terrace Perth, Western Australia, 6000t ASX:CRR | CRITICALRESOURCES.COM.AU
Critical Resources — Investor Presentation (October 2022) on 6ix