Empire Metals Limited · LSE:EEE
Empire Metals — Investor Presentation (March 2024)
17 slides from Empire Metals's investor presentation, March 2024
Slide 1: Developing a Giant Titanium Project – Corporate Presentation March 2024
924116 DEVELOPING A GIANT TITANIUM PROJECT – A CRITICAL MINERAL WITHIN A WORLD CLASS AUSTRALIAN MINING REGION CORPORATE www.empiremetals.co.uk PRESENTATION | MARCH| Page 2024 1
Slide 2: Disclaimer
DISCLAIMER This presentation has been prepared by Empire Metals Limited (“Empire” or the “Company”) and does not constitute an offer or invitation for the sale or purchase of any securities, nor does it purport to, set out, or refer to all or any of the information an investor might require or expec
Slide 3: Company Snapshot
COMPANY SNAPSHOT Focused on developing Pitfield, an emerging “giant” titanium project PITFIELD (70% owned by Empire) giant-scale, hydrothermal mineral system extending 40km by 8km Pitfield tenements (1,042km2) located in Mid West Region of WA by 5km deep: hosted within a sedimentary “soft-rock” basi
Slide 4: Titanium: A Critical Mineral
TITANIUM: A CRITICAL MINERAL A growing market and classed as a critical metal by US, UK, European Union, Australia and Japan Market is expected to grow by 70% over the next TiO2 industry has few producers and many consumers for seven years various end-use applications: Titanium Dioxide Pigments (~89
Slide 5: Giant Scale Mineral System
GIANT SCALE MINERAL SYSTEM World Class Discovery – A Titanium Giant, Hidden in Plain Sight Grey-scale magnetics map overlain by airborne gravity data showing recent RC drillholes, previous diamond core drillholes and maiden RC drillholes. • Airborne geophysical surveys confirmed the presence of a gi
Slide 6: Unique Geology & Minerals
UNIQUE GEOLOGY & MINERALS A newly recognized type of stratabound sedimentary rock-hosted titanium deposit • Titanium mineralisation is hosted within Simplified geological section of the Yandanooka Basin. Note the sandstone-rich beds which are host to higher grade TiO2 mineralisation. West-East secti
Slide 7: High-Grade Near Surface
HIGH-GRADE NEAR SURFACE Thick, high-grade sandstone beds extend to surface Cross Section 6726500 N showing interpreted geology and confirmation of up-dip extension of higher-grade TiO2 mineralised sandstone-rich bed. West-East section looking North. • RC drilling has shown that the shallow sandstone
Slide 8: Titanium Industry: The Supply Side
TITANIUM INDUSTRY: THE SUPPLY SIDE 95% of the world’s titanium is mined as ilmenite • Ilmenite sourced from either “hard rock” igneous deposits or from low-grade beach sand operations. • TiO2 pigments are produced by two different processes: the sulfate process (~40%) using sulphuric acid and the pr
Slide 9: Pitfield: Next Generation Supplier
PITFIELD: NEXT GENERATION SUPPLIER Titanite provides unique opportunity to simply produce high-value TiO2 products Pitfield Conceptual Process Flowsheet • Titanite considered to be a “non-refractory” mineral and dissolves readily under low temperature acidic Tailings Crushing conditions. Tailings Or
Slide 10: Infrastructure & Services
INFRASTRUCTURE & SERVICES World Class Location - Close to Major Infrastructure • Western Australia, ranked as one of the top mining Mid West Region Infrastructure and Services Map jurisdictions in the world*, has mining-friendly policies, stable government, transparency, and advanced technology expe
Slide 11: Current Activities
CURRENT ACTIVITIES Current exploration activities planned and now underway (Q1 2024) Grey-scale magnetics map overlain by airborne gravity data showing location of newly planned DD & RC drill holes • Petrology and mineralogical analysis underway on RC chip and diamond core samples to determine the k
Slide 12: Development Plan – 2024/2025
DEVELOPMENT PLAN – 2024/2025 Project being fast-tracked - focus on process design and product development H1 2024 H2 2024 H1 2025 H2 2025 ❖ Exploration/Initial ❖ Resource in-fill drilling ❖ Resource in-fill drilling ❖ Demonstration plant Resource drilling: Stage1: Stage2: procurement and ✓ Diamond C
Slide 13: Directors & Management
DIRECTORS & MANAGEMENT Experienced and diversified Board focused on discovery, development and value creation Dr. Neil O’Brien Shaun Bunn Greg Kuenzel Peter Damouni Non-Executive Chairman Managing Director Finance Director Non-Executive Director Ph.D. Economic geologist & Metallurgist based in Perth
Slide 14: Technical Leadership Team
TECHNICAL LEADERSHIP TEAM Talented team of exploration, process development and titanium industry specialists Andrew Faragher Narelle Marriott Dr Trevor Nicholson Eugene Dardengo Exploration Manager Process Development Manager Titanium Industry Specialist Titanium Industry Specialist Exploration geo
Slide 15: Corporate Overview
CORPORATE OVERVIEW Market AIM Significant Shareholders (over 3%) Number of Shares Percentage Hargreaves Lansdown 96,219,476 16.07% Ticker EEE Market Cap. £57 million* Interactive Investor 93,100,203 15.55% Share price 9.55p* Oberon Investments 54,999,429 9.18% Shares on issue 598,850,524 AJ Bell Sec
Slide 16: Investment Summary
INVESTMENT SUMMARY Accelerating the economic development of the Pitfield Titanium Project 1. Pitfield represents a newly recognised type of sedimentary-hosted “soft-rock” titanite-rich titanium deposit, unlike the more common beach sand and hard-rock ilmenite-rich deposits found globally. 2. Titanit
Slide 17: Contacts
CONTACTS: info@empiremetals.co.uk London Office Address: : 4-8 Heddon Street, London W1B 4BS Perth Office Address: 506A Hay Street, Subiaco WA 6008, Australia +44 (0) 20 4583 1440 www.empiremetals.co.uk 17 www.empiremetals.co.uk | Page