Canter Resources Corp · CSE:CRC
Canter Resources — Investor Presentation (November 2024)
28 slides from Canter Resources's investor presentation, November 2024
Slide 1: Lithium & Boron Critical Mineral Exploration in North America
CSE:CRC OTC:CNRCF FRA: 6O1 Lithium & Boron Critical Mineral Exploration in North America Corporate Presentation November 2024 CanterResources.com
Slide 2: Disclaimers & Forward-Looking Statements
Disclaimers & Forward-Looking Statements This presentation of Canter Resources Corp. (“Canter Resources” or the “Company”) is Technical Information dated November 2024. It is information in a summary form and does not purport to be complete. It is not intended to be relied upon as advice to investor
Slide 3: Our Mission
Our Mission Our mission is to responsibly explore and develop the strategic and critical resources necessary for the technology and clean energy transformations underway in North America. We recognize the vital role that lithium and boron play in enabling the technologies of the future, including mi
Slide 4: Why Canter?
Why Canter? Experienced Technical & Capital Markets Team Water Access Team with significant depth of exploration, project Critical water permits necessary for ongoing development and capital markets experience exploration and future development of Columbus secured. Columbus Lithium-Boron Brine Proje
Slide 5: Our Projects
Our Projects Columbus Basin Lithium-Boron Project Commanding ~23,000-acre property package with demonstrated potential for a major lithium and boron brine discovery in the heart of Nevada's lithium belt NEVADA, USA Railroad Valley Lithium-Boron Project Highly prospective 1,000-acre structurally clos
Slide 6: As battery technology evolves, so does the need for Lithium content
As battery technology evolves, so does the need for Lithium content 240M estimated electric vehicles (EVs) by 2030 87% of batteries (LFP & NMC) require approximately 45-60kg 10% of lithium carbonate of the estimated global during production 1 fleet in 2030 will be made up by EVs 2 1 Benchmark Minera
Slide 7: Boron: a critical element growing in demand
Boron: a critical element growing in demand 5 Boron, the fifth element on the Estimated boron Market Size Steady Growth at a CAGR of Estimated boron Tonnage ² B Boron periodic table, is a rare light metal which does not exist by itself in nature. Rather, boron 10.811 combines with oxygen and 2024 4.
Slide 8: Boron is a catalyst for technological evolution and innovation
Boron is a catalyst for technological evolution and innovation Driving Innovation in Revolutionizing Renewable Military Applications Aerospace Energy Engineering Innovations Advanced anti-corrosion Boron properties are Boron alloys create materials resistant Boron is used to synthesizing energy-rich
Slide 9: US Inflation Reduction Act and The Push for Domestic Lithium-Boron Supply
US Inflation Reduction Act and The Push for Domestic Lithium-Boron Supply Promotes investment in domestic US energy production $70B investment from the IRA towards EV and battery supply chains across the USA . Passed in August 2022, the Inflation Reduction Act (IRA) is a crucial step in enabling the
Slide 10: Located in Nevada
Located in Nevada Home of the lithium exploration rush & world-class lithium projects Albemarle’s Silver Peak lithium brine project mining Silver Peak is the only lithium producer in the US and has been in production since the 1960s – making it one of the largest lithium producers in the world. #1 j
Slide 11: Emerging Tonopah Loop
Emerging Tonopah Loop Columbus Project Columbus is unique in that it is a structurally and Giga Factory hydrologically closed basin in Nevada with to the West surrounding lithium-boron bearing Tertiary volcanic ash and tuffs that have fed the basin for the past 23 million years. Year-round explorati
Slide 12: Multi-Commodity Potential at Columbus
Multi-Commodity Potential at Columbus The Columbus basin hosted historical boron (borax) production in the late 1800’s and the same volcanic source rocks that feed Ioneer’s (~$300M CAD MC) nearby feasibility-stage Rhyolite Ridge lithium-boron (sediment/clay- hosted) Project also feed the Columbus ba
Slide 13: Phase I Brine Result Highlights
Phase I Brine Result Highlights Highest Grades to Date Up to 3,140 mg/L B and 76.4 mg/L Li. Significant Lateral Extent | Shallow (< 100 ft) aquifers consistently intersected at similar depths across two grids 5km apart, demonstrating widespread/shallow lithium-boron mineralization in brines. Boron (
Slide 14: Phase I Brine Results Summary
Phase I Brine Results Summary Geochemical & Geological Model Phase I results support the Company’s 3D model and plans for deeper drilling to target higher concentrations of lithium within deeper aquifers and structural traps. Boron Grades Increasing with Depth Six assay results at depths >16.8 m in
Slide 15: Phase I Sediment Results
Phase I Sediment Results Solid assay results from Phase I further demonstrate significant and widespread mineralization starting from surface. The presence of high-grade lithium and boron in sediments, increasing downhole, tends to be indicative of higher-grade brine concentrations deeper in the sys
Slide 16: Phase I Clay/Sediments Highlights
Phase I Clay/Sediments Highlights Significant and widespread mineralization starting right from surface with lithium and boron grades increasing downhole. Boron (ppm) Lithium (ppm) 4,700 840 4,280 680 3,850 710 3,160 680 2,900 740 All brine results from Phase I have been reported. Highlight shown ar
Slide 17: 3D Model & Phase II Drilling
3D Model & Phase II Drilling HSAMT resistivity shells outline substantial target Highly conductive, homogenous zone attributed to subsurface layers indicative of lithium-boron bearing brines. 3D modeling work validated drill locations and outlined a more substantial subsurface brine target than prev
Slide 18: Columbus Project Summary
Columbus Project Summary Demonstrated Lithium-Boron 3rd Party Data & 3D Model Historical results and the Acquired and integrated companies recent drilling additional historical 3rd party demonstrated multi- commodity data and created 3D model potential for brine enrichment validating initial targets
Slide 19: Railroad Valley Project
Railroad Valley Project CanterResources.com CSE:CRC 19
Slide 20: Railroad Valley Project
Railroad Valley Project 100%-owned claims 1,000-acre property in Railroad Valley, Nye County, Nevada, 164 km east-northeast of Tonopah by Highway 6. Geological Potential Structurally closed basin with fault-bounded graben structures ideal for lithium and boron brine accumulation. Shares critical geo
Slide 21: Key Milestones Completed
Key Milestones Completed Complete transaction to acquire Altitude Ventures, including Columbus Lithium-Boron Project November 2023 Secured Water Rights November 2023 $3.2M financing completed + OTC listing / DTC eligibility December 2023 New technical team, advisors and directors appointed Q1 2024 A
Slide 22: Catalysts & Milestones Ahead
Catalysts & Milestones Ahead Drilling commences April 2024 AGM completed (full team in place) April 2024 Complete gravel transport and stockpiling for well drilling prep April 2024 Phase I brine drill results/clay drill results May/June/July 2024 Acquisition of Railroad Valley Project September 2024
Slide 23: Capital Structure
Management & Insiders 9.6% Capital Structure Nevada Alaska Mining (Property Vendor) 3.4% Funds/Institutions 3.3% Closely Related Partner Groups (Michael Gentile, Advisors) 12.0% Retail/Public Float 71.7% Ticker CSE:CRC OTC:CNRCF FRA: 6O1 9.6% 3.4% 3.3% 71.7% Common Shares 50,988,401 Options 580,000
Slide 24: Management & Board of Directors
Management & Board of Directors Joness Korbon Alnesh Lang McCall Mohan CEO & Director Senior Project Geologist CFO Executive leader with over 15 years Co-Owner of Valkyrie Resources and A finance executive with 20+ years experience, leading or co-leading over Exploration Geologist who has been exper
Slide 25: Board of Directors & Technical Advisors
Board of Directors & Technical Advisors Eric Ken Warwick Saderholm Cunningham Smith Independent Director Independent Director Director & Strategic Advisor (Tech Committee member) (Tech Committee member) Experienced venture capitalist focused Professional Senior Geologist, current Professional Senior
Slide 26: Strategic Advisor
Strategic Advisor Michael Gentile Mr. Gentile is considered one of the leading strategic investors in the junior mining sector, owning significant top five ownership stakes in over 20 small-cap mining companies. Michael recently co-founded Bastion Asset Management in January 2022, a rapidly growing
Slide 27: Key Takeaways
Key Takeaways Striving to become a prominent critical metals Exploration partnership exploration company in North America with a highly-qualified technical team Targeting a major discovery of lithium and boron Bringing proprietary targeting database and deep mineralization critical metals/minerals e
Slide 28: Thank you
CSE:CRC OTC:CNRCF FRA: 6O1 Thank you For investor inquiries: +1-604-908-1695 investors@CanterResources.com CanterResources.com Info@CanterResources.com
Canter Resources — Investor Presentation (November 2024) on 6ix