Future Metals Nl · ASX:FME
Future Metals Nl — Investor Presentation (April 2022)
19 slides from Future Metals Nl's investor presentation, Apr 4, 2022
Slide 1: Panton: A Globally Significant PGM-Ni Deposit
PANTON A GLOBALLY SIGNIFICANT PGM-NI DEPOSIT Investor Presentation April 2022
Slide 2: Disclaimer
Disclaimer This Presentation has been prepared as a summary only and does not contain all information about Future Metals Statements regarding FME’s plans with respect to its mineral properties are forward looking statements There can NL (“Future” or “FME” or the Company) assets and liabilities, fin
Slide 3: Metals for a Sustainable Future
Metals for a Sustainable Future Panton hosts the perfect suite of metals to support the growing demand from manufacturers of catalytic convertors, hydrogen electrolysers and fuel cells, and batteries. Servicing the clean energy transition 14Mt Resource containing 2.4Moz PGM + Au; 38kt Ni; plus rhodi
Slide 4: Corporate Overview
Corporate Overview 353.8M Shares on Issue (298.5M tradeable, 55.3M escrowed1) FME $78m 22c $72M $6M 23.6M Performance Rights2 ASX Code Market Cap Share Price Enterprise Value Cash 103.5M Unlisted Options3,4,5,6 (28 March 2022) (31 December 2021) Board of Directors Management Team Justin Tremain Alla
Slide 5: Supporting the Clean Energy Transition
Supporting the Near-term demand Medium-term demand Long-term demand Clean Energy for new combustion as PGM loadings per Transition provided by increased vehicles as microchip & ICE/hybrid vehicle uptake of hydrogen semiconductor shortage increasing with global fuel cells & to recover by 2023 1 net z
Slide 6: Origin of Supply Increasingly Important
Origin of Supply Increasingly Important Majority of PGM supply concentrated in Russia and South Africa Russia subject to sweeping Together Russia sanctions and discretionary removal from global supply chains1 Russia & South Africa Platinum Palladium currently control: 10% 38% North America South Afr
Slide 7: Proving Panton's Bulk Mining Potential
Proving Panton’s Bulk Mining Potential Orebody is being remodelled, supported by fundamental improvements in PGM & Ni prices PGM Price Chart 2000 onwards FME acquires the Panton Project in June 2021 Detailed project review identified that previous work on Panton focused solely on the potential for a
Slide 8: Location & Infrastructure
Location & Infrastructure A well serviced and active mining region Port Facilities Hydropower Great Northern Highway Sealed Airstrips Multiple Mining Operations 0 100 km 8
Slide 9: Panton Geology
Panton Geology • 10km long, 2.5km wide and 1.7km thick layered mafic- ultramafic intrusion • Folded into a south-westerly plunging synclinal structure with extensive cross faulting • Mineralisation is associated with PGM rich outcropping chromitite reefs and surrounding dunite • Three sub-parallel c
Slide 10: Panton JORC Mineral Resource
Panton JORC Mineral Resource • 14.3Mt at 5.2g/t PGM & gold for 2.4Moz1 • Includes high grade Top Reef of: • 10Mt at 6.13g/t PGM & gold for 2.0Moz1 • PGM’s include high-value rhodium and iridium • Additional nickel, cobalt and copper mineralisation • Resource underpinned by >45,000m of RC & diamond c
Slide 11: Bulk Mineralisation Potential
Bulk Mineralisation Potential Panton 3D Deposit View • Panton’s JORC Resource is constrained to the Upper & Middle Reef mineralisation (2.0 g/t lower cut-off) which extends along 3.5km of strike, down to a depth of 600m at mineralised width between 1-2m • Recent and historical drilling confirming mi
Slide 12: Significant Contained Nickel Mineralisation
Significant Contained Nickel Mineralisation Ni grade demonstrating strong consistency independent of PGM grades, The below figure shows drill intercept (PS400) through Panton’s mineralised zone Upper Reef Middle Reef Lower Reef 12 0.40 Ni grade: 0.19% over 107.9m 0.35 10 0.30 8 PGM Grade (g/t) Ni Gr
Slide 13: Exploration Potential
Exploration Potential Resource remains OPEN in all directions, along strike and at depth • 12km of outcropping mapped reef • JORC Resource contained in just 3.5km • High-grade depth extensions • South western extensions of the D Zone • Outcropping reefs in the central and south western portions of t
Slide 14: Northern Anomaly
Northern Anomaly • Extensive geochemical anomalism • Five sections of drilling spaced 400-800m apart across 2.5 kilometres of strike • Wide zones of shallow, bulk PGM-Ni 14
Slide 15: Metallurgical Approach
PHYSICAL SEPARATION § Focus on pre-concentration of feed material and potential to concentrate chromite tailings as additional revenue stream § Completing various tests for amenability to physical separation; ore sorting, HLS and WHIMS on different Product Options size fractions of composite ore fee
Slide 16: Becoming the First PGM Producer in Australia
Becoming the First PGM Producer in Australia 16
Slide 17: Committed to delivering value through sustainable development
Future Metals is committed to the core principle of delivering value through sustainable development. The foundations of ESG are important to us, and we proactively uphold key responsibilities to ensure we are considered and transparent in all we do. With these foundations, we aim to build a roadmap
Slide 18: Why invest in Future Metals
Metals for a Sustainable Future Why invest in Future Metals Strong market Top mining Quality Resource growth Progressed fundamentals jurisdiction management potential metallurgy team 18
Slide 19: Contact
CONTACT Jardee Kinimonth - CEO jardee@future-metals.com.au
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