Parabellum Resources Ltd. · ASX:PBL
Parabellum Resources — Investor Presentation (February 2023)
42 slides from Parabellum Resources's investor presentation, Feb 13, 2023
Slide 1: Fast tracking one of the world's larger rare earth projects
For personal use only Fast tracking one of the world’s larger rare earth Projects PRESENTATION | FEBRUARY 2023 ASX:PBL
Slide 2: Disclaimer
2 Disclaimer For personal use only This investor presentation has been prepared by Parabellum Resources Limited (ACN 645 149 211) (Company or Parabellum). The information contained in this presentation has been prepared in good faith by Parabellum, however no representation or The issue of this pres
Slide 3: Disclaimer
3 Disclaimer For personal use only IMPORTANT INFORMATION The content of information contained in this presentation (the “Presentation”) has not been approved by an This Presentation may not be reproduced, redistributed or passed to any other person or published in whole or in authorised person withi
Slide 4: A Rare Investment Proposition to create Shareholder Value
4 A Rare Investment Proposition to create Shareholder Value For personal use only One of the world’s larger rare earth deposits containing over 2 million tonnes of REO Potential for exploration upside with shallow 4% REO drilling targets Focus on lower capex and simplified flowsheet options Focus on
Slide 5: Rare earth magnets in wind turbines and electric vehicles
For personal use only A 3MW direct drive wind turbine consumes close to two tonnes of rare-earth permanent magnets A 50Kw electric vehicle requires 3-5kg NdPr Source: www.lynasrareearths.com 5
Slide 6: Critical Raw Material Supply-chain Controlled by China
Critical Raw Material Supply-chain 6 Controlled by China Global Demand and Domestic Consumption of REE For personal use only MONGOLIA Light Rare Earth CHINA Elements (95%) Heavy Rare Earth Elements (95%) Natural Graphite (69%) Source: National Energy Technology Laboratory (NETL(REE-CM Program” Rare
Slide 7: Magnets and motors: Windfarms and EV's
7 Magnets and motors: Windfarms and EV’s For personal use only KHOTGOR – >2,000,000 tonne REO resource focussing on production Focus La Ce Pr Nd Eu Gd Tb Dy Yb Lanthanum Cerium Praseodymium Neodymium Europium Gadolinium Terbium Dysprosium Ytterbum Khotgor 22% 51% 4% 16% 0.5% 0.9% 0.1% 0.4% 2%
Slide 8: Location
For personal use only Location Khotgor, Mongolia 8
Slide 9: Resource rich: Mongolia facts
9 Resource rich For personal use only Mongolia facts POPULATION 3.3 million (1.5 million in Ulaanbaatar) AREA Khotgor, Mongolia 1.5 million sq. Kilometres (3x size of France) UNEMPLOYMENT 4.3% GDP (PPP) MINING PRODUCTION INFLATION (CPI) • $39.7 billion • Copper ~3% ($3.5B from mining and resources)
Slide 10: Geological Setting
Resource Rich 10 Geological Setting For personal use only Khotgor Ulaanbaatar MONGOLIA Significant Geological Major Mine City CHINA Upside Country Boundary Province Boundary • Located in the Tsogt-Ovoo sum of Southgobi Railway KHOTGOR Province, 500km south of Ulaanbaatar, accessed via Paved/Sealed R
Slide 11: Upside: Large Land Package
11 Upside For personal use only Large Land Package LICENSE Mining License MV-015631 granted in 2010 and valid for 30 years Until 2040 AREA License area of 2km x 10km 20km2 EXPLORATION Potential for gold/copper porphyry Focus on granite domes 4% REO exploration targeted via further infill drilling
Slide 12: Project history
12 Project history For personal use only QGX drilled 58 NQ 30 year Mining holes/16,000 metres License Temarise enter into for a JORC resource granted to Khotgor agreement with Exploration by by H&S of 350Mt Resources, a local Khotgor to acquire Soviet Union (M+I+I) @ 0.96% REO Mongolian company 80%
Slide 13: Schedule: Two-Year Focus
13 Schedule For personal use only Two-Year Focus Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 JORC Resource JORC Scoping Study Pilot Plant Infill Drilling & Bulk Sample DFS Metallurgy Results Off-take Negotiations JORC DFS FEED Engineering The timetable is indicative and subject t
Slide 14: Infill drilling, bulk sample and metallurgical test work
1 14 2 years infill drilling, bulk sample and metallurgical test work For personal use only Core and trench analysis by SGS and ALS Two core rigs drilling from surface down to 200 metres with team from Temarise and SRK on site Orebody outcrops on surface and is free digging to 30 metres Current test
Slide 15: >90 metres @ 1.7% REO
15 >90 metres @ 1.7% REO Initial focus on 17Mt @ 2% REO For personal use only 2022 Infill drilling KH22-64: 79m at 1.1% REO from a depth of 4m downhole KH22-67: 91m at 1.7% REO, from depth of 59m, incl. 40m at 2.5% REO from a depth of 63m KH22-60: 67m at 1.7% REO, incl. 27m at 2.6% REO from a depth
Slide 16: High Grade core >1.5%
16 High Grade core >1.5% For personal use only Focus on NdPr production during initial pay-back Praseodymium Neodymium Europium Gadolinium Terbium Dysprosium Ytterbum Cross Section @ >1.5% REO >1% REO halo 300m x 400m
Slide 17: High Grade core >1.5%
17 High Grade core >1.5% For personal use only Large scale and attractive grade, with mineralisation starting at/or close to the surface Praseodymium Neodymium Europium Gadolinium Terbium Dysprosium Ytterbum Flat landscape, nearest town 20km south >2,000,000t REO within resource shell
Slide 18: 2023 Resource Summary
18 2023 Resource Summary For personal use only Large deposit 2023 JORC Resource Summary • Over 2,000,000t REO Average Average Average Nd+Pr Contained Cut-off Cut-off Tonnage TREO-Y TREO (% of Metal Focus on higher grade core in Category TREO-Y TREO (Mt) (% ) (% ) TREO ) (KT) Indicated 0.4 0.38 74 1.
Slide 19: A Two-Year Strategy
For personal use only A Two-Year Strategy 20
Slide 20: International Consultants for JORC Scoping Study
International Consultants 21 for JORC Scoping Study For personal use only • Project Management Australia and Mongolia: Temarise Ltd • Resources MRE: SRK Mongolia • Mine Design: SRK Australia • Metallurgy: ALS Perth • Engineering: Primero Engineering • Scoping Study: SRK Australia • EIS/EIA: Baylag E
Slide 21: Process
22 Process For personal use only Initial low capital investment with staged project development to eventually produce final downstream products on site Powder oxides Carbonate/ Concentrate Chloride Open pit On site Stage 1 Stage 2 Stage 3 mine processing Value add to customer
Slide 22: Staged flow sheet development
Staged flow sheet 1 23 development For personal use only SECONDARY
Slide 23: Pilot Plant in UB Mongolia
1 24 Pilot Plant in UB Mongolia For personal use only Bulk ore sample from Pilot plant to be Pilot plant used for DFS, Focus on NdPr 2022 trenching operating in Mongolia operator training and production off-taker samples Source: Temarise Ltd/Parabellum Resources Ltd
Slide 24: Community and Markets
For personal use only Community and Markets 25
Slide 25: Environment, Safety & Governance: Working with local communities
Environment, Safety & Governance: 26 Working with local communities For personal use only ENVIRONMENTAL SOCIAL • Compliance with local and international • Workforce will comprise >95% Mongolia local standards personnel • Life of Mine rehabilitation strategy being • Support of local communities by cr
Slide 26: Rare Earth Elements: What are they used for?
SCANDIUM - Aerospace components YTTRIUM - Spark plugs, cancer treatments, etc. For personal use only LANTHANUM - Camera lenses, battery electrodes, etc. CERIUM - Oxidising agent, glass/ceramic colouring, etc. PRASEODYMIUM - Magnets, lasers, wind turbines. NEODYMIUM - Magnets, lasers, electric motors
Slide 27: Supply vs Demand
2 28 Supply vs Demand For personal use only Significant REE supply imbalance from 2025 Source: UBS Global Research & Evidence Lab 22 Nov 22 Rare Earths APAC Focus: Unearthing a rare opportunity
Slide 28: NdPr Price Growth
For personal use only NdPr Price Growth 29 3
Slide 29: The race to secure Rare Earths
The race to secure 30 Rare Earths “We need it, the world needs it. Or we can forget it because we’ll be For personal use only cooking ourselves. Fortunately the critical minerals we need in the terrestrial environment in the land environment we don’t have to mine the sea, they are in abundance, we’v
Slide 30: Proposed Transaction & Corporate Overview
For personal use only Proposed Transaction & Corporate Overview 31
Slide 31: Corporate & Transaction Structure
32 Khotgor Minerals – Temarise Limited – Parabellum (PBL) Corporate & Transaction Structure For personal use only KHOTGOR REE PROJECT TEMARISE LIMITED PARABELLUM RESOURCES LIMITED & EXISTING OWNERSHIP OPTION TO ACQUIRE 80% KHOTGOR TEMERISE LIMITED PROJECT BY ENTERING INTO AN 80/20 SUBSCRIPTION AGREE
Slide 32: Corporate overview
33 Corporate overview For personal use only Share price performance Shareholder composition1 $0.70 2,000,000 1,800,000 $0.60 1,600,000 $0.50 1,400,000 1,200,000 Retail $0.40 1,000,000 36% $0.30 800,000 56% FO / HNW / $0.20 600,000 Institutional 400,000 $0.10 $- 200,000 - 8% Directors / Management ~$
Slide 33: Management
34 Management For personal use only PETER SECKER Ms BATTUYA GANKHUYAG MARK ARUNDELL Executive Director Country Manager – Mongolia Chief Geologist/Project Manager, NSW Peter Secker is a Mining Engineer with over 40 Ms Battuya Gankhuyag has over 15 years of Mark Arundell is a highly experienced and su
Slide 34: Board of Directors
35 Board of Directors For personal use only MARK HOHNEN PETER SECKER Non-Executive Chairman Executive Director Mark Hohnen has significant experience in the mineral Peter Secker is a Mining Engineer with over 40 years experience in the resources industry. Peter has developed resource sector since th
Slide 35: For personal use only
For personal use only 52 Ord Street, West Perth, WA 6005 parabellumresources.com.au info@parabellumresources.com.au @ParabellumRes ASX:PBL 36
Slide 36: Australian Copper projects
For personal use only Australian Copper projects 37
Slide 37: Australian Copper Projects: Location & Overview
38 Australian Copper Projects Location & Overview For personal use only PBL’s Australian focus is on exploring for copper and gold deposits within the Lachlan Fold Belt in central NSW NSW is a Tier 1 mining and exploration jurisdiction with world class infrastructure Multiple copper and gold mines i
Slide 38: An exciting suite of copper-gold opportunities
39 An exciting suite of copper-gold opportunities For personal use only PBL’s four Australian copper assets have outstanding potential in an under- explored though highly prospective copper province Targeting massive sulphide (Besshi-type) copper mineralisation in rocks of the Girilambone Group in W
Slide 39: Redlands & Whitbarrow Projects
Redlands & 40 Whitbarrow Projects For personal use only Redlands and Whitbarrow are located along strike from Aeris Resources’ Constellation deposit (I&I resource of 3.3mt at 1.4% Cu, 0.3g/t Au, 1.7 g/t Ag) 3 and Kurrajong discovery, and is contiguous with Aeris’ operating Tritton and Murrawombie mi
Slide 40: Lunns Dam Project
41 Lunns Dam Project For personal use only Lunns Dam is along strike from Locksley Resources (ASX:LKY) Tottenham Project Airborne EM completed over the Lunns Dam Project area has delineated two high ranking anomalies - L1 and L4. Follow up ground EM has been designed and is scheduled to be completed
Slide 41: Obley Project
42 Obley Project For personal use only Multiple historic workings at Obley including Beehive, Coppermine Gully and Naroo Pits All copper-gold skarn prospects associated with distinct magnetic high within Cuga Burga Volcanics at contact zone of Yeoval Granite Follow up soil sampling of the three cohe
Slide 42: Thank you
For personal use only 43 Thank you
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