Parabellum Resources Ltd. · ASX:PBL
Parabellum Resources — Investor Presentation (November 2022)
39 slides from Parabellum Resources's investor presentation, November 2022
Slide 1: Developing one of the larger rare earth deposits in the world
Developing one of the larger rare earth deposits in the world PRESENTATION | NOVEMBER 2022 ASX:PBL
Slide 2: Disclaimer
2 Disclaimer This investor presentation has been prepared by Parabellum Resources Limited (ACN 645 149 211) (Company or RELIANCE ON PRESENTATION Parabellum). The issue of this presentation is intended only for the person or entity to which it has been The information contained in this presentation h
Slide 3: Rare Earth Elements: What are they used for?
SCANDIUM - Aerospace components YTTRIUM - Spark plugs, cancer treatments, etc. LANTHANUM - Camera lenses, battery electrodes, etc. CERIUM - Oxidising agent, glass/ceramic colouring, etc. PRASEODYMIUM - Magnets, lasers, wind turbines. NEODYMIUM - Magnets, lasers, electric motors, etc. PROMETHIUM - Nu
Slide 4: A 3MW direct drive wind turbine consumes close to two tonnes of rare-earth permanent magnets
A 3MW direct drive wind turbine consumes close to two tonnes of rare-earth permanent magnets Source: www.lynasrareearths.com 4
Slide 5: In 2021, the world installed 260,000 kW of renewable energy
In 2021, the world installed 260,000 kW of renewable energy In 2021, China alone installed 140,000 kW of renewable energy generation A 3MW wind turbine consumes close to two tonnes of REE magnets Renewable energy growth in 2021 was >9% CAGR Source: IEA Dec 2021 and Urasian Times June 2022 5
Slide 6: Location: Khotgor, Mongolia
Location Khotgor, Mongolia 6
Slide 7: Resource rich
7 Resource rich 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) Oyu Tolgoi and Erdenet
Slide 8: Resource Rich Geological Setting
Resource Rich 8 Geological Setting Significant Geological Upside • Located in the Tsogt-Ovoo sum of Southgobi Province, 500km south of Ulaanbaatar, accessed via paved road • Local geology dominated by metamorphic rocks such as black grey sandstone, siltstone, schist and limestone intruded by early P
Slide 9: Upside: Large Land Package
9 Upside 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
Slide 10: Project history
10 Project history QGX drilled 58 NQ 30 year Mining holes/16,000 metres License Temerise 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% of project 1950/60’s 2
Slide 11: Resource Classification Section looking north
11 300 metres >1.5% Resource Classification Section looking north through 4885950 N Source: H&S Consultants PL, 2013 PBL Press release 04/08/2022
Slide 12: 2013 Resource Summary (TBA)
2013 Resource 12 Summary (TBA) Prime location Classification Ore Grade SG TREO LREO HREO and excellent geological @ 1% cut-off (min tonnes) (%) (000 tonnes) (000 tonnes) (000 tonnes) prospectivity given orebody’s in the vicinity Measured 22.5 1.6 2.67 361 345 17 Easy access Indicated 29.6 1.43 2.66
Slide 13: Magnets and motors
13 Magnets and motors Favourable mineral suite focussing on NdPr Product Focus Heavy Rare Earth Elements (HREE) La Ce Pr Nd Eu Gd Tb Dy Yb Lanthanum Cerium Praseodymium Neodymium Europium Gadolinium Terbium Dysprosium Ytterbum Khotgor 22.6% 51.3% 4.8% 15.2% 0.5% 0.9% 0.1% 0.4% 2.1%
Slide 14: Process
14 Process Initial low capital investment with staged project development to produce Powder final downstream products on site oxides Roasted Concentrate carbonate Open pit On site Stage 1 Stage 2 Stage 3 mine processing Value add to customer
Slide 15: A Two-Year Strategy
A Two-Year Strategy PARABELLUM RESOURCES
Slide 16: International Consultants for JORC Scoping Study
International Consultants 1 16 for JORC Scoping Study • 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 Ecco
Slide 17: Schedule
17 Schedule Two-year focus April 2022 Commence to Feb 2023 Q2, 2023 FEED to Q3, 2024 engineering Complete JORC Scoping Study Complete Feasibility Study Q4, 2024 and EIS $2M Scoping Study EIA and metallurgy to by SRK PFS level The timetable is indicative and subject to change
Slide 18: Infill drilling, bulk sample and metallurgical testwork
Infill drilling, bulk sample and 1 18 metallurgical testwork 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 testwork in Perth with ALS & Primer
Slide 19: Staged flow sheet development
Staged flow sheet 1 19 development
Slide 20: Community and Markets
Community and Markets PARABELLUM |7 RESOURCES 20
Slide 21: Environment, Safety & Governance
Environment, Safety & Governance: 21 Working with local communities 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 creating local developed
Slide 22: Rare earths demand growth
22 Rare earths demand growth Global Demand and 2021 2028 Domestic Consumption of REE REE Usage REE Usage Source: Statistica April 2022
Slide 23: Supply vs Demand
2 23 Supply vs Demand Significant REE supply NdPr SxD Forecasts (April 2022) imbalance from 2025
Slide 24: NdPr Price Growth
3 24 NdPr Price Growth Source: Mkango, Canaccord August 2022
Slide 25: Proposed Transaction & Corporate Overview
Proposed Transaction & Corporate Overview 25
Slide 26: Corporate & Transaction Structure
26 Khotgor Minerals – Temarise Limited – Parabellum (PBL) Corporate & Transaction Structure 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 AGREEMENT Khotgor Minerals
Slide 27: Corporate overview
27 Corporate overview Share price performance Shareholder composition1 $0.500 2,500,000 Volume A$ PBL Share Price $0.450 $0.400 2,000,000 $0.350 Retail $0.300 1,500,000 36% $0.250 $0.200 1,000,000 56% FO / HNW / Institutional $0.150 $0.100 500,000 8% $0.050 $- - Directors / Management ~$24.6 $18.7 5
Slide 28: Use of funds – 12-month outlook
28 Use of funds – 12-month outlook The Company’s proposed use of funds over the next 12 months are outlined in the following table: Projects Development Expenditure (AUD) Exploration Expenditure (AUD) Khotgor – Scoping study $2,600,000 Khotgor – Infill/Metallurgical drill program $1,300,000 $1,250,0
Slide 29: Board of Directors
29 Board of Directors MARK HOHNEN PETER RUSE Non-Executive Chairman Non-Executive Director Mark Hohnen has significant experience in the mineral Peter Ruse is a finance professional with over 15 years’ experience in Equity Funds Management and Private/ Institutional resource sector since the late 19
Slide 30: Management
30 Management PETER SECKER Ms BATTUYA GANKHUYAG MARK ARUNDELL Proposed Executive & Technical consultant 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 s
Slide 31: A Rare Investment Proposition to create Shareholder Value
31 A Rare Investment Proposition to create Shareholder Value One of the world’s largest rare earth deposits Focus on NdPr mineral suite NdPr market size will grow over next 5 years as renewable energy demand increases at 9% CAGR RRE basket price has increased significantly in last decade Located nex
Slide 32: Parabellum Resources contact details
52 Ord Street, West Perth, WA 6005 parabellumresources.com.au info@parabellumresources.com.au @ParabellumRes ASX:PBL 32
Slide 33: Australian Copper projects
Australian Copper projects 33
Slide 34: Australian Copper Projects Location & Overview
34 Australian Copper Projects Location & Overview 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 in the area (Northparke
Slide 35: An exciting suite of copper-gold opportunities
35 An exciting suite of copper-gold opportunities 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 Western NSW, and copper
Slide 36: Redlands & Whitbarrow Projects
Redlands & 36 Whitbarrow Projects 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 mines. Also, Helix Resou
Slide 37: Lunns Dam Project
37 Lunns Dam Project 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 in August with drill
Slide 38: Obley Project
38 Obley Project 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 coherent Copper mineralisa
Slide 39: Thank you
Thank you PARABELLUM |7 RESOURCES
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