Fortuna Metals Limited · ASX:FUN
Fortuna Metals — Lanthanein Resources — RIU Explorers Conference (February 2025)
19 slides from Fortuna Metals's conference presentation, February 2025
Slide 1: Golden Opportunities
Golden Opportunities ASX: LNR lanthanein.com
Slide 2: Disclaimer
Disclaimer This presentation does not constitute investment advice. Neither this presentation nor the information contained in it constitutes an offer, invitation, solicitation or recommendation in relation to the purchase or sale of shares in any jurisdiction. This presentation does not take into a
Slide 3: Corporate
Corporate BRIAN THOMAS DAVID FRANCES ANEES SABET MATTHEW FOY Technical Director Non-Executive Chairman Non-Executive Director Company Secretary Brian is an experienced David is an international Anees is an established businessman with a track record Matthew is a professional Director and Corporate e
Slide 4: Project Profiles
Project Profiles Lyons and Edmund • Gifford Creek, Gascoyne • Ironstones and Ferrocarbonatite Hosted REE’s Lady Grey Karratha • Mt Holland, Yilgarn Newman • Gold, Copper & Lithium Project Carnarvon WA Geraldton SA Kalgoorlie Perth Murraydium Project Bunbury • South East of SA • Clay Hosted REE’s Koo
Slide 5: Lady Grey Project
Lady Grey Project • Farm in Joint Venture to earn up to 70% of the Lady Grey Project directly adjacent to: • Covalent Lithium’s (SQM/ Wesfarmers 50/50 JV) Earl Grey Mine, 189Mt @ 1.53% Li2O* • Historic Bounty Gold Mine which produced 1.3moz Au** • Tier 1 Location of granted tenure with ~ 18km of str
Slide 6: Lady Grey Project
Lady Grey Project • Lady Grey Project is situated within Exploration Licence E77/2143 covering ~77sqkm • Earl Grey open pit is located 600 metres directly to the east of Lanthanein’s tenement boundary • Historic Bounty gold mine that produced ~1.3Moz gold 3km to east of the tenement boundary • Numer
Slide 7: Lady Grey Project: Exploration to Date
Lady Grey Project Exploration to Date • Comprehensive tenement wide soil sampling programme utilising existing historical grid lines • Compilation of all known geophysics with high resolution drone magnetics flown to infill gaps in the historical data • Regional structural interpretations combined w
Slide 8: Lady Grey Project
Lady Grey Project • The tenement wide soil sampling programme had the samples processed with UltraFine+ geochemical analysis which helps “see though” shallow to moderate cover for sensitive signals for detecting gold and base metals • Results highlighted areas of gold anomalism, with little or no hi
Slide 9: Lady Grey Project
Lady Grey Project • The extensive soil geochemistry programme across the full tenement with the samples processed with UltraFine+ geochemical analysis also highlighted areas of copper and nickel anomalism coincident with gold anomalism, with no historical exploration drilling • Significant copper re
Slide 10: Lady Grey Project
Lady Grey Project • Six lines of Moving Loop Electromagnetics (MLEM) conducted over prospective structural zones coincident with gold and copper geochemical anomalies and magnetic anomalies • Modelled conductor plates generated under 5 out of the 6 MLEM lines indicating the presence of sub surface m
Slide 11: Lady Grey Project: Line #6
Lady Grey Project Line #6 • Modelled EM Conductor plate is 200m deep to the top of the plate and has a depth extent of 725m • Diamond drilling of the modelled conductor plate under Line #6 now complete • Core logged for first two holes, third hole currently being logged • Samples from first hole cur
Slide 12: Lady Grey Project: Line #1
Lady Grey Project Line # 1 • EM Conductor Plate under Line #1 the next to be drilled • The area was of historical interest in 1990’s based on regional structural mapping and significant magnetic anomalies • Historical drilling of the modelled magnetics was with shallow (<80m) RAB drilling with littl
Slide 13: Gascoyne Rare Earth Elements (REE) Project
Gascoyne Rare Earth Elements (REE) Project • REE’s hosted in the Yangibana Ironstones within the Durlacher Supersuite Rocks • Source of the REE’s is the Gifford Creek Ferrocarbonatites which have been intruded along the Bald Hill Lineament • Hastings Technology Metals is developing the Yangibana REE
Slide 14: Gascoyne REE Project
Gascoyne REE Project • Northern Lyons Prospects are immediately adjacent to Yangibana • 14,000 metres of drilling on Lyons project • Initial Inferred Mineral Resource Estimate completed on Lyons 11, 12 and 13 (ASX Release 25th October 2023) Area Tonnes (Mt) TREO (%) NdPr (%) Nb2O5 (%) TREO (t) Lyons
Slide 15: Murraydium REE Project
Murraydium REE Project • Targeting Ionic Clay hosted REE’s in the South East of South Australia • Australian Rare Earths (ASX : AR3) have a REE Resource at Koppamurra on neighbouring tenement • Koppamurra Resource and new AR3 prospect Frances hosted in the same Loxton Parilla Sands as present on Bor
Slide 16: Murraydium REE Project
MurraydiumREE Murraydium REEProject Project • Shallow (<20-30m) roadside reconnaissance Air Core drilling on Bordertown Block drilled following the extensive community consultation process • Over 40 holes with grades of 500-2,240ppm TREO with 5 holes >1,000ppm TREO* *(ASX:LNR – 14th September 2023)
Slide 17: Koolya Kaolin Project
Koolya Kaolin Project • Air core drilling has confirmed a kaolinised granite host to bright white kaolin clay and high purity alumina (HPA) feedstock, halloysite • Anomalous Rare Earth values of up to 1,220ppm TREO* • Tenure supportive for large scale development with no competing land ownership, pa
Slide 18: The Opportunity / Investment Thesis
The Opportunity / Investment Thesis • Emerging Gold, Copper, Lithium and Rare Earth Elements Explorer • Lady Grey Project immediately adjacent to • Historic Bounty mine which produced 1.3moz Au • Operating Earl Grey Mine (189mt @ 1.53% Li2O) at Mount Holland run by Covalent Lithium (SQM/Wesfarmers 5
Slide 19: www.lanthanein.com ASX: LNR
www.lanthanein.com ASX: LNR Contact: +61 8 9486 4036
Lanthanein Resources — RIU Explorers Conference (February 2025) on 6ix