Desoto Resources Ltd. · ASX:DES
Desoto Resources — Investor Presentation (December 2024)
28 slides from Desoto Resources's investor presentation, Dec 12, 2024
Slide 1: Unmatched exploration potential in two premier critical minerals hotspots
For personal use only Unmatched exploration potential in two premier critical minerals hotspots CORPORATE PRESENTATION • DECEMBER 2024 DESOTORESOURCES. COM • ASX: DES
Slide 2: Important Notices & Disclaimer
Important Notices & Disclaimer DeSoto Resources Limited ACN 658 510 242 (DeSoto or the Company) is the issuer of this presentation. While reasonable care has been taken in relation to the preparation of the Presentation Materials, The issue of this presentation is intended only for the person or ent
Slide 3: Our Projects
Our Projects UNMATCHED EXPLORATION POTENTIAL IN TWO PREMIER CRITICAL MINERALS HOTSPOTS Northern Territory, Australia Project Overview: For personal use only REE-gold-copper potential Commanding land position covering one of Australia’s last great underexplored mineralised shear zones Advanced target
Slide 4: Corporate Overview
TECHNICALLY-DRIVEN BOARD WITH A RECORD OF Corporate Overview IDENTIFYING GLOBALLY SIGNIFICANT MINERAL PROJECTS Share price (2nd Dec 24) $0.075 Shares on issue 92.5M Paul Roberts Chris Swallow Options listed: DESO: 44M @ 0.25c Non-Executive Chairman Managing Director Options Unlisted 33.9M @ 0.25c &
Slide 5: Commanding Land Position
Commanding Land Position COVERING ONE OF AUSTRALIA’ S LAST GREAT UNDEREXPLORED MINERALISED SHEAR ZONES - ~2,000km2 straddling Fenton and Pine Creek Shear zones For personal use only - 17Moz Au in Pine Creek trend cf. Fenton Shear under cover & barely explored - REE-Au-Cu Potential - 8km strike coppe
Slide 6: Fenton Shear Zone
Fenton Shear Zone REGIONAL-SCALE STRUCTURE HOSTING THE SPECTRUM & FENTON PROJECTS History of the Fenton Shear Zone – Large regional-scale shear zone with targets under cover For personal use only – 1990’s Limited drilling by Homestake Australia targeting 40Moz Lead-style gold deposit – 1997 Homestak
Slide 7: Spectrum Project, Northern Territory
Spectrum Project, Northern Territory (DES earning into 70%) For personal use only Shear-hosted REE-Au-Cu potential along crustal scale underexplored mineralised shear zone DESOTORESOURCES. COM • ASX: DES 7
Slide 8: Spectrum Project
Spectrum Project 8KM-LONG COPPER- I N - S O I L A N O M A L Y O V E R L A Y I N G E M C O N D U C T O R S & HISTORIC REE DISCOVERY Project Background For personal use only DES acquired Spectrum Project May 2024 Strategically located inside existing Fenton Project Vesper target: 8km-long untested cop
Slide 9: Geophysics Drives Discovery
Geophysics Drives Discovery DES COMPLETES REGIONAL SCALE GEOPHYSICS ACROSS FENTON SHEAR ZONE 2023 geophysicscal surveys For personal use only 2023 NT Government co-funded AEM survey 18 priority bedrock conductivity anomalies identified up and down the Fenton Shear* Importantly, Spectrum Project high
Slide 10: Geophysics Driving Discovery
Geophysics Driving Discovery 2024 GEOPHYSICAL SURVEYS 2024 surveys deliver targets for 2025 drilling Geophysics targeted REE-Au-Cu mineralised zones associated with For personal use only sulphide alteration FLEM & IP survey confirmed 4 discrete AEM basement conductors and 6 new chargeable anomalies
Slide 11: Vesper Target
Vesper Target ALL THE HALLMARKS OF A LARGE COPPER BASE- METALS SYSTEM Big opportunity for a major discovery For personal use only 4 x Large, shallow and untested EM and magnetic anomalies 8km-long copper-in-soil anomaly overlays the 4 conductor targets Located 1.5km south from the REE Spectrum prosp
Slide 12: Quantum REE Discovery
Quantum REE Discovery HIGH- GRADE HISTORIC REE INTERSECTIONS A STRONG WALK- UP EXPLORATION TARGET* HoleID TREO* Au Ag TDD8 50m @ 1.55% TREO from 245m 13m @ 0.49 g/t Au from 247m 13m @ 1.78 g/t Ag from 247m incl. 12 @ 4.51% TREO from 246m 8m @ 0.13 g/t Au from 277m 9m @ 1.3 g/t Ag from 277m 32m @ 0.3
Slide 13: Forward Program
Forward Program DRILLING H 1 2025 The most exciting greenfields exploration For personal use only opportunity in the NT • Drill targeting completed • Fully permitted 23- hole program Q2 2025 • Drilling to target Vesper and Quantum targets DESOTORESOURCES. COM • ASX: DES
Slide 14: Dom Silverio Manganese Project
Dom Silverio Manganese Project (Four-year option) For personal use only Manganese sulphate for the fastest growing EV market globally DESOTORESOURCES. COM • ASX: DES 14
Slide 15: Why DES Got Into Manganese
Why DES Got Into Manganese MANGANESE-RICH BATTERIES THE FASTEST GROWING CHEMISTRY FOR BATTERY CATHODES AT THE HEART OF THE EV TRANSITION DES gets into the race to produce manganese sulphate For personal use only 1) EV battery cathode chemistry is trending manganese-dominant (LMFP) 2) Dom Silverio lo
Slide 16: Dom Silverio Acquisition: Why Manganese Carbonate Matters
Dom Silverio Acquisition WHY HAVING MANGANESE CARBONATE MATTERS Manganese carbonate may unlock the lowest cost path to sulphate production For personal use only Manganese carbonate is known at Dom Silverio (Foreign Estimate: 37.2Mt @ 20.7% Mn) Manganese carbonates (leachable only) vs. magnesium oxid
Slide 17: Battery-grade Mn sulphate flowsheet
Battery-grade Mn sulphate flowsheet Potential for a carbonate ore to be a low -cost production profile For personal use only Flowsheet source: Sprott Research (July 2022) DESOTORESOURCES. COM • ASX: DES 17
Slide 18: Manganese-Rich Batteries To Drive Demand For Mn Sulphate
Manganese-Rich Batteries To Drive Demand For Mn Sulphate EV BATTERY CATHODES C HANGING TO MANGANESE- RICH CHEMISTRIES EN MASSE Safe, stable and abundant, manganese improves the performance of lower-cost EV batteries For personal use only Battery Type NMC LFP LMFP – Lithium Manganese Iron Phosphate (
Slide 19: Brazil: The Fastest Growing EV Market Globally
Brazil: The Fastest Growing EV Market Globally LOCAL PRODUCTION TO BE THE HUB FOR EV’S PRODUCTION INTO LATIN AMERICA Brazil’s Battery Blue Sky For personal use only Brazil imported $735 million worth of Chinese BEVs in 20231 9/10 EV’s sold in Brazil Chinese branded2 January 2024, Brazil introduced i
Slide 20: Brazil: The Perfect Manufacturing Hub
Brazil: The Perfect Manufacturing Hub TIER-1 LOCATION FOR INTEGRATED MINING, PROCESSING & REFINING Tier-1 Mining Jurisdiction - Established exploration and mining infrastructure to support new projects, a mining friendly regulatory code For personal use only and a top ten producer of manganese globa
Slide 21: Dom Silverio Acquisition: Investment Rationale
Dom Silverio Acquisition INVESTMENT RATIONALE Manganese Blue Sky For personal use only Four-year option over the Dom Silverio Manganese Project Our major shareholder is a battery cathode manufacturer High-grade manganese Project with a 70-year history of mining Four years to optimise production meth
Slide 22: Dom Silverio Manganese
Dom Silverio Manganese DES ENTERS INTO AN OPTION AGREEMENT TO ACQUIRE THE DOM SILVERIO MANGANESE PROJECT Dom Silverio Project Intro For personal use only Location 110 km east of Belo Horizonte on the east edge of the “Iron Quadrangle” in Minas Gerais State, Brazil An established mining district with
Slide 23: Dom Silverio Project
Dom Silverio Project HIGH-GRADE MANGANESE IN A HISTORIC MN PRODUCING DISTRICT Project Background For personal use only The Dom Silverio Project consists of one granted mining concession and seven mining concession applications Manganese mineralisation is hosted in a series of Mn-rich rocks (silicate
Slide 24: Dom Silverio Project: Belt-Scale Potential
Dom Silverio Project BELT- SCALE POTENTIAL Exploitation Opportunity For personal use only 14km-long x 5km-wide belt of widespread, near-surface manganese mineralisation Historic Mn mining pits and ore stockpiles Existing processing infrastructure Tonnage and grade of Mn produced has not been officia
Slide 25: Dom Silverio Project: Significant Exploration Upside
Dom Silverio Project SIGNIFICANT EXPLORATION UPSIDE Mn Carbonate Mn Oxide Project Opportunity Area Tonnes Mn % Tonnes Mn % Portao 24,634,426 21.4% 57,480,331 20.6% For personal use only The project has seen almost no modern exploration Biquinha - - 217,747 30.0% Tratex completed a 40-diamond hole Co
Slide 26: Dom Silverio next three months
Dom Silverio next three months EXPLORATION & T E S T W O R K FEASIBILITY Metallurgical Test Work - Mineral processing test work to produce separate raw product streams For personal use only - Benchtop metallurgical studies for the lowest-cost route to battery-grade Mn Sulphate - Petrophysical work E
Slide 27: For further information please contact
For personal use only For further information please contact Chris Swallow E: cs@desotoresources.com Managing Director P: +61 412 174 882 CORPORATE PRESENTATION • NOVEMBER 2024 DESOTORESOURCES. COM • ASX: DES
Slide 28: Right Geology & Mineralisation: Pine Creek Region
Right Geology & Mineralisation PINE CREEK REGION Geology For personal use only Hosted within the Pine Creek Geosyncline which is a mid-Proterozoic sequence of marine sediments intruded by a suite of granites Regionally, known mineralisation primarily hosted within Pine Creek Shear Pine Creek Project
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