Zenith Minerals Limited · ASX:ZNC
Zenith Minerals — Investor Presentation (May 2022)
18 slides from Zenith Minerals's investor presentation, May 2, 2022
Slide 1: Investor Presentation May 2022
For personal use only May 2022 INVESTOR PRESENTATION
Slide 2: Zenith Overview
Zenith Overview For personal use only • Zenith Minerals Limited (ASX:ZNC) is an Australian based mining company with 100% of the asset located in Western Australia and Queensland. • The Company has a strong track record of being an exploration project generator that continues seeking value generatio
Slide 3: Corporate Overview
Corporate Overview Capital Structure | ASX:ZNC For personal use only Share Price1 Shares on Issue1 Market Capitalisation1 Cash2 Listed Equities3 - Listed in 2007 $0.43 343.9M $150M $9.3M $14.2M - Limiting Shareholder Dilution - Tightly Held ZNC fully paid ordinary - Experienced Board & Management Sh
Slide 4: Demerger of Gold & Base Metal Assets
$6M placement** in ZNC 20M shares @ $0.30 (20% premium to 10 DVWAP) For personal use only Demerger of Gold & Base Metal Assets* Lithium Assets Non - Lithium Assets Earaheedy 25% free carry to BFS JV Develin Creek – Cu-Zn Split Rocks – Lithium Split Rocks – Gold Waratah Well – Lithium Red Mountain –
Slide 5: ZNC Lithium Joint Venture
ZNC Lithium Joint Venture For personal use only *Key commercial terms : • Waratah Well and Split Rocks • EVM sole funds completion of feasibility study within 24 months, with Zenith retaining a 40% project share. • EVM sole funds to decision to mine • EVM to arrange financing for future mine incl Ze
Slide 6: Split Rocks Lithium
Split Rocks Lithium For personal use only Landholdings of ~660km2 in the Forrestania greenstone belt – Western Australia District is host to SQM-Wesfarmers Mt Holland/Earl Grey lithium deposit (under construction): Measured, Indicated & Inferred Mineral Resource* 189Mt @ 1.5% Li2O • 66Mt @ 1.58% Li2
Slide 7: Split Rocks Lithium
Split Rocks Lithium For personal use only Current Zone of Focus - 20km of pegmatites Drilling multiple large thick pegmatites: Rio pegmatite up to 65m thick • 20m @ 1.0% Li2O incl 10m @ 1.7% Li2O* • Permitting 50 RC/DD holes for follow-up Estrela pegmatite up to 29m thick • Assays awaited British Hi
Slide 8: Split Rocks Lithium
Split Rocks Lithium For personal use only Rio - first pegmatite target tested returns • 20m @ 1.0% Li2O incl 10m@ 1.7% Li2O • High-grade lithium mineralisation is eucryptite* Further details refer to ZNC ASX Release 13-Jan-22 and *4-Apr-22 8
Slide 9: Split Rocks Lithium
Split Rocks Lithium For personal use only • Project wide surface geochemical screening • Multiple existing untested anomalies, drilling another 3 targets (11 holes) • >3000 samples collected to date, assays awaited Further details refer to ZNC ASX Release 4-Apr-22 9
Slide 10: Waratah Well Lithium
Waratah Well Lithium For personal use only Tantalum & locally lithium bearing pegmatites over a 3km x 2km area Pegmatites 0.5m to 21m thick • Lithium rocks to 2.09% Li2O. • High-grade tantalum in rocks to 1221 ppm Ta2O5. First round 1km spaced drill holes intersected lithium mineralisation over 4km
Slide 11: Summary
SUMMARY For personal use only Zenith Minerals represents an opportunity to invest into a diversified, Australian based exploration and development company with very attractive valuation metrics: • We hold a free carried interest of 25% in the massive Earaheedy Zinc Project with Rumble Resources • We
Slide 12: Disclaimer & JORC Statements
Disclaimer & JORC Statements For personal use only Forward looking statements Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties that could cause actual results to differ from estimated results. Forward- looki
Slide 13: Listed Investments ($14.2M)
Listed Investments ($14.2M)1 For personal use only 43.9M shares in 2.5M shares in Bradda Head Holdings Limited (AIM) American Rare Earths (ASX:ARR) 3.88M shares in 0.5M shares in Rumble Resources Limited (ASX:RTR) Nickel-X Limited (ASX:NKL) 1Equity Market Values at 31 Mar-22 13
Slide 14: Copper & Zinc
Copper & Zinc For personal use only EARAHEEDY ZINC (25% OWNED) DEVELIN CREEK COPPER-ZINC • Major discovery PROJECT (100% OWNED) • Drilling & metallurgy will be • District scale VMS play ongoing • 34m @ 3.5% Cu+Zn, incl • Well funded JV partner - RTR 10m @ 6.0% Cu+Zn, and $40m capital raise1 29m @ 3.
Slide 15: Gold
For personal use only Gold SPLIT ROCKS GOLD PROJECT RED MOUNTAIN GOLD COWARRA GOLD PROJECT (100% OWNED) PROJECT (100% OWNED) (INITIALLY EARNING 22.5%) High-grade near surface gold Major gold option play 3 km long target drill testing & silver in Zenith’s maiden seeking Fosterville style continues (3
Slide 16: About EV Metals
ABOUT EV METALS For personal use only • EVM is focused on becoming a global leader in battery chemicals and technology. • They are building the world’s first integrated Battery Chemicals Complex at Yanbu in Saudi Arabia. The complex will produce high purity chemicals and cathode active materials for
Slide 17: Australian Lithium Alliance
AUSTRALIAN LITHIUM ALLIANCE Redefining supply logistics For personal use only EVM launched the Australian Lithium Alliance in January 2022 to partner with Australian companies to accelerate exploration, development, mining, processing and production of Lithium Minerals. The alliance seeks to enter i
Slide 18: Contact Us
For personal use only Contact Us Level 2 / 33 Ord Street West Perth WA 6005 Mail: PO Box 1426 West Perth WA 6872 + 61 8 9226 1110 info@zenithminerals.com.au www.zenithminerals.com.au Zenith Minerals Limited ABN : 91 119 397 938 18