Viridian Metals Inc · CSE:VRDN
Viridian Metals — Investor Presentation (April 2024)
24 slides from Viridian Metals's investor presentation, April 2024
Slide 1: April 2024
April 2024 Viridia ~~ METALS CORP
Slide 2: Safe Harbour Statement
SAFE HARBOUR STATEMENT FORWARD-LOOKING STATEMENTS This presentation contains forward-looking information. Forward looking information contained in this presentation includes, but is not limited to, statements with respect to the success of exploration activities. SAFE HARBOUR STATEMENT These stateme
Slide 3: Overview
OVERVIEW MISSION Pioneering ethical exploration in Labrador for a sustainable future OVERVIEW At the heart of our company is a commitment to responsibly uncover Labrador's critical metal deposits, driving technological progress while upholding the highest environmental and social standards 3
Slide 4: Board of Directors
BOARD OF DIRECTORS BOARD OF DIRECTORS Tyrell Sutherland Lee Bowles Alan Grujic CEO at Viridian Metals Corp CBDO at Viridian Metals Corp Board Member Canada Canada USA • Professional Geologist with 15 years of • Mr. Bowles brings over 25 years of • Alan Grujic, a Toronto-born innovator, experience in
Slide 5: Senior Management
SENIOR LEADERSHIP SENIOR MANAGEMENT Sabino Di Paolo Yulia Rey Coulter Wright CFO at Viridian Metals Corp Communications Government and Grant Funding Canada Canada Canada • Mr. Di Paola, who is a Chartered • Mrs. Rey is an accomplished IR • Coulter Wright has over 25 years of Professional Accountant,
Slide 6: Financials
FINANCIALS 9% Issued 42,607,200 Retail Warrants @0.45 5,447,200 13% Options 0 Institutional TOTAL 48,054,400 FINANCIALS Share Distribution Share Distribution Directors & Management 77.9% Institutional 13.4% Board and Retail 8.8% 78% management 6
Slide 7: Quote
We are just scratching the surface. The real treasures lie in underexplored regions, where the QUOTE lack of data spells opportunity. With cutting-edge tech and innovative approaches, we're on the hunt for world class discoveries in responsible jurisdictions. Tyrell Sutherland CEO, Viridian Metals C
Slide 8: Critical Mineral Assets
CRITICAL MINERAL ASSETS Projects in Labrador focused on Advanced infrastructure Copper Nickel Cobalt and REEs 29 28 27 Kraken Cu Ni Co Copper Nickel Cobalt Major Producers in Province • Nickel, Copper, Cobalt • Vale • 183km2 CRITICAL MINERAL ASSETS Renewable Energy Powered Grid • Rio-Tinto • Same gr
Slide 9: Energy Transition
ENERGY TRANSITION Net Zero Fueled by Metals By 2035 electric vehicles will be produced yearly, 80 mln an increase from <6.6 million in 20211 CRITICAL METALS USED IN VEHICLE PRODUCTION, kg To reach net zero CO2 production the mining Conventional Car industry needs to find more mines Electric Car ENER
Slide 10: Kraken
KRAKEN Neptune Sulfide Copper Nickel Cobalt Ni Nickel Cu Copper Co Cobalt 3km exposed gossan 4.2m @ 0.53% • 185km2 project area Ni+Cu+Co Saturn • 45km of contact between ultramafic intrusion and basement rocks Jupiter • Mineralization at surface KRAKEN Alpha Centauri Undrilled 7.9m @ 0.32% Ni+Cu+Co
Slide 11: Kraken Main Zone
KRAKEN MAIN ZONE 12.4m @0.45% Ni+Cu+Co From Surface 15m @0.28 Ni+Cu+Co 5.85m @ 1% Ni+Cu+Co Drilling Ni Nickel Cu Copper Co Cobalt • High-grade targets not tested 8m @0.5% Ni+Cu+Co and 8m @0.43% Ni+Cu+Co • Kennecott did not sample all mineralization Partial Analysis 8.4m @0.29% • Historical Intercept
Slide 12: Starter Resource
STARTER RESOURCE Backpack Drilling Ni Nickel Cu Copper Co Cobalt • Main Zone High-Grade • 5.85m @ 1.0% Ni+Cu+Co mineralized from surface STARTER RESOURCE • Target • 43 drill holes • Surface to 20m • Increase data density to define high-grade • 0 strip ratio • Mobile • Man-portable • Cost per set-up
Slide 13: Kraken Satellite Zones
KRAKEN SATELLITE ZONES Kraken Satellite Zones Ni Nickel Cu Copper Co Cobalt • Venus Target • 0.5km Conductor, comparable to Ovid footprint KRAKEN SATELLITE ZONES • 7.55m @ 0.66% Ni+Cu+Co and 0.4g PGE/t mineralized from surface to end of hole • Neptune Target • 1km Conductor with 2km2 of mineralizati
Slide 14: Sedna
SEDNA Cu Sedimentary Hosted Copper Copper • 14km2 project area • Native copper nuggets up to 300lbs collected • Domes and fold belts identified nearby, traps for sedimentary hosted copper deposits • Little recorded historical work • Sedimentary hosted copper deposits, such as Kamoa-Kakula, are often
Slide 15: Sedimentary Copper
SEDIMENTARY COPPER Geology Cu Copper • Kamoa-Kakula (Democratic Republic of Congo) 1,453Mt @2.7% Cu • Udokan (Russia) 1,440Mt @1.05% Cu SEDIMENTARY COPPER • White Pine (USA) 560Mt @1.2% Cu Historical work has been looking in the WRONG Place This is where giant SEDNA ALL PREVIOUS WORK HAS BEEN sedime
Slide 16: Roadmap
ROADMAP AUG 2024: Drill near-surface AUG 2023: mineralization at FEB 2022: Close $1.5M JAN 2025: Kraken Incorporation; Financing MARCH 2024: Maiden Resource Secured Kraken, SEPT 2022: SEPT 2024: at Kraken Spin Wolverine Wolverine, and Close $1M TSX-V Public into Viridian Sedna Projects Financing Lis
Slide 17: Investment Highlights
INVESTMENT HIGHLIGHTS 100 % INVESTMENT HIGHLIGHTS Untested discoveries Critical to Green Projects 100% owned Clear path to maiden Revolution NO underlying royalties resources Seasoned management Tight capital structure TIER 1 jurisdiction Team driven by discovery 17
Slide 18: Market Figures
MARKET FIGURES Exploration spending continued to march upwards, Market size for key energy transition minerals, bln USD (2022) led by Australia and Canada, bln USD (2022) Copper Exploration spending for selected nonferrous mineral resources 2022 1.5x 2017 7 By region By commodity 6 0 50 100 150 200
Slide 19: The Canadian Critical Minerals Strategy
THE CANADIAN CRITICAL THE CANADIAN CRITICAL MINERALS STRATEGY MINERALS STRATEGY The Canadian Critical Minerals Strategy: Critical Minerals Market Review 2023** From Exploration to Recycling* GOAL: Secure a stable supply RAPID GROWTH PROJECTIONS: of critical minerals for economic Demand for clean ene
Slide 20: Market Figures
MARKET FIGURES EV makers are becoming serious about critical mineral supplies; before 2021 there has been a notable pickup in strategic investment into the raw after 2021 Tesla: 5-year contract with material sector since 2021 Liontown Resources for 100,000 Market Long-term offtake Investment in mini
Slide 21: Labrador Opportunities
LABRADOR OPPORTUNITIES PROVEN CONCEPT o a JV between Rio Tinto and BHP, is EXPLORATION POTENTIAL investing in upgrades and expansion, o Little or no exploration in Labrador, LABRADOR OPPORTUNIES reflecting confidence in Labrador's mega deposits are likely to be found in critical minerals sector such
Slide 22: Government Partnerships
GOVERNMENT PARTNERSHIPS Critical Minerals Infrastructure Fund Critical Minerals Research, Development (CMIF): & Demonstration Program: 75% of $9M GOVERNMENT PARTNERSHIPS • Provides up to $1.5 billion over 7 years. • Funds technological advancements in critical minerals road projects* production. • F
Slide 23: Technology
TECHNOLOGY REVOLUTIONIZING EARLY DISCOVERY Drill Head Man-portable drilling is a crucial TECHNOLOGY component of the early discovery Drill Mast process. However, Canada has lacked this capability for several Manufactured years. Connector Viridian has bridged this gap by innovating and modernizing ma
Slide 24: Contact Us
CONTACT US Tyrell Sutherland President and CEO CONTACT US 613-884-8332 info@viridianmetals.com 24