Verity Resources Limited · ASX:VRL

Verity Resources — Investor Presentation (August 2024)

20 slides from Verity Resources's investor presentation, Aug 29, 2024

  1. Slide 1: Supply Critical Metals

    Supply Critical Metals Brazil Li + REE Western Australia Au Botswana Cu-Ni-A g ASX:SI6 Corporate Presentation August 2024

  2. Slide 2: Disclaimer

    Disclaimer These presentation materials and any accompanying verbal presentation (together, the Presentation Materials) have been prepared by SI6 Metals Limited While reasonable care has been taken in relation to the preparation of the Presentation Materials, none of the Company or its directors, of

  3. Slide 3: Corporate Overview

    Corporate Overview Market Cap Total Shares Options Cash (close price at 28/08/2024 $0.002) (ex.$0.01) (at 30/06/2024) $5.2M 2.6B 1.1B $0.3M BOARD OF DIRECTORS KEY SHAREHOLDERS Ian Kiers Top 20 35.5% Non-Executive Chair Board (excluding Foxfire Metals) 9.1% Dr Paul Woolrich Foxfire Metals¹ (escrowed)

  4. Slide 4: SI6 – Restructuring into a Brazil-focussed Company

    SI6 – Restructuring into a Brazil-focussed Company The Company is re-structuring its assets to realise value from its two significant JORC Resources in Botswana and Western Australia and is now focusing on its major Lithium and Rare Earth Elements assets in the globally important critical metals/min

  5. Slide 5: Brazilian Critical Metals Assets Amongst Major Players

    Brazilian Critical Metals Assets Amongst Major Players Lithium Valley • Padre Paraiso: 3km pegmatite corridor, 25km from Sigma Lithium’s 94Mt M+I Resource @ 1.4% Li2O1 Pedra Brancha • Araçuai: 25km from Latin Resources’ Colina Resource of 77.7Mt @ 1.24% Li2O2 Au-PGE Project • Salinas Prospects: alon

  6. Slide 6: Strategic Opportunities to Unlock Value

    Strategic Opportunities to Unlock Value Botswana Western Australia • Maibele North : Inferred Resource 2.4Mt @ 1% Ni equivalent • Monument Gold Project: In the Prolific Leonara Gold District • Dibete: Cu-Ag includes 11m @ 4.5% Cu, 229.9g/t Ag • Along strike to Genesis Minerals (ASX:GMD) Mt Morgans 3

  7. Slide 7: Lithium Valley Projects – World Class Lithium Discoveries

    Lithium Valley Projects – World Class Lithium Discoveries Pilbara Minerals to Acquire Latin Resources • ASX:PLS has entered a Scheme Implementation Agreement for 100% of the shares in Latin Resources Limited at implied value of $0.20 per share (57% premium to LRS 10-day volume weighted average price

  8. Slide 8: Lithium Valley – Anomalous Lithium Zones to be Drilled

    Lithium Valley – Anomalous Lithium Zones to be Drilled 3km Pegmatite Corridor • ~25km from Sigma Lithium’s 85.6Mt @ 1.43% Li2O Grota do Cirilo Resource • 3km x 800m pegmatite corridor discovered • Multiple elevated Li surface sample zones up to 401ppm Li, significant against background and indicator

  9. Slide 9: Lithium Valley – Untested Araçuai and Salinas Prospects

    Lithium Valley – Untested Araçuai and Salinas Prospects • Salinas Prospects along trend with Latin Resources’ 71Mt @ 1.25% Li2O • Aracuai Li prospect ~26km from Sigma Lithium’s Grota do Cirilo Colina MRE 270 Kt/y “Green Lithium” producing spodumene mine • Yet to be tested, along the same NE-SW struc

  10. Slide 10: Pimenta REE Project

    Pimenta REE Project (70% Si6/30% Foxfire Metals) Interpreted Large Allanite-hosted REE System • 26km of strong anomalies showing elevated thorium responses, a strong indicator for REE mineralisation • Thorium/potassium (Th/K) ratio also indicative of REE-bearing rocks in the subsurface • Interpreted

  11. Slide 11: Pedra Brancha Au-PGE

    Pedra Brancha Au-PGE Pedra Brancha Au-PGE Project • Within Troia mafic/ultramafic unit along the strike extension of ValOre’s Pedra Brancha 2.2Moz 2PGE +Au (Pt+Pd+Au). • Located northeast Brazil with access to infrastructure Santo Amaro 153K Oz PGE+Au • PGE + Au reef associated with chomitite bands

  12. Slide 12: Monument Gold – 100% Owned Multi-Million Ounce Gold District

    Monument Gold – 100% Owned Multi-Million Ounce Gold District • 3.26Mt @ 1.4g/t Au JORC (2012) Inferred Resource (154koz Au) • 100% owned, located near major multimillion ounce gold deposits and several mills • Along strike of Genesis Minerals’ 3.3Moz Mount Morgans Project. Other nearby deposits incl

  13. Slide 13: Monument Gold Multiple Targets Primed for a Major Discovery

    Monument Gold Multiple Targets Primed for a Major Discovery Felsic / syenite-hosted geology like major nearby deposits such as Wallaby and Jupiter ~20km of BIF-hosted geology similar to Genesis’ adjacent highlights multi-million-ounce discovery potential 3.3Moz Mt Morgans mine 13

  14. Slide 14: Fred's Well 770m Strike Trend, Only 400m Drilled

    Fred’s Well 770m Strike Trend, Only 400m Drilled • Along strike of current 154koz Resource9 • High grade historical drill intersections at Fred’s Well include: 24m @ 3.24g/t Au (MOAC262 from 44m) including 12m @ 6.35g/t Au; 8m @ 2.09g/t Au (MOAC265 from 40m); 8m @ 1.48g/t Au (MOAC256 from 36m); 12m

  15. Slide 15: Star Well Prospect Soil Sampling – Results Pending

    Star Well Prospect Soil Sampling – Results Pending Untested Magnetic Anomalies • Soil sampling program in progress9 • Comprises regional lag samples and fine fraction soil samples across 57 lines and aims to: (a) follow up on an anomalous gold BIF trend; and (b) test previously untested magnetic ano

  16. Slide 16: Botswana – Cu-Ni-Ag-PGE Project Portfolio

    Botswana – Cu-Ni-Ag-PGE (SI6 66%/BCL 34%) 2,900km² Project Portfolio At surface, mineable discoveries <1km depth (Selebi Mine was at depths >1.5km) Historical High-Grade Drill highlights9: Maibele North: • JORC Inferred Resource 2.38Mt @ ~1% Ni Equivalent (26.6Mt @ 0.58% Ni was mined from Selebi fro

  17. Slide 17: SI6 – Restructuring into a Brazil-focussed Company

    SI6 – Restructuring into a Brazil-focussed Company The Company is re-structuring its assets to realise value from its two significant JORC Resources in Botswana and Western Australia and is now focusing on its major Lithium and Rare Earth Elements assets in the globally important critical metals/min

  18. Slide 18: References

    References 1. https://sigmalithiumresources.com/grota-do-cirilo/ Measured + Indicated Resource 94.2Mt @ 1.40% Li2O, Measured + Indicated + Inferred Resource 108.9Mt @ 1.41% Li2O, Proven + Indicated Reserves 54.8Mt @ 1.44% Li2O for 1,941Kt LCE 2. ASX:LRS ASX Release 30 May 2024 “Colina Lithium Deposi

  19. Slide 19: Appendix: JORC Mineral Resource Estimates

    Appendix: JORC Mineral Resource Estimates 1. Maibele North – Botswana (Joint Venture with BCL Limited, Si6 66%/BCL 34%) Maibele North - JORC Inferred Resource (cutoff 0.3% Nickel) Million Tonnes Ni Cu Pt Pd Rh Ru Au (Mt) (%) (%) (g/t) (g/t) (g/t) (g/t) (g/t) 2.38 0.72 0.21 0.08 0.36 0.04 0.05 0.10 A

  20. Slide 20: info@si6metals.com www.si6metals.com

    info@si6metals.com 168 Stirling Highway www.si6metals.com Nedlands WA 6009

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