Pambili Natural Resources Corporation · TSXV:PNN

Pambili Natural Resources — Investor Presentation (August 2022)

16 slides from Pambili Natural Resources's investor presentation, Aug 17, 2022

  1. Slide 1: A Golden Opportunity in Southern Africa

    A Golden Opportunity in Southern Africa Pambili Natural Resources Corporation (TSX-V: PNN) https://pambilinrc.com/ Corporate Presentation JUNE 2022

  2. Slide 2: Disclaimer

    Disclaimer This presentation is provided for informational purposes only and the opinions expressed are based upon Pambili Natural Resources Corporation (formerly Pennine Petroleum Corporation) (“Pambili” or the “Company”) analysis and interpretation and are not to be construed as a solicitation or

  3. Slide 3: Pambili’s Value Proposition

    Pambili’s Value Proposition • Pambili believes that the mining sector provides more opportunities than the junior oil & gas sector • After gaining shareholder approval the Company was re-named Pambili Natural Resources Corporation • “Pambili” means “forward” in Ndebele and the new name reinforces th

  4. Slide 4: Board and Management

    Board and Management Jon Harris (MBA, BSc. Chem. Eng.): CEO and Director • Extensive board experience with TSX- and AIM-listed natural resource companies • Manager of several sub-Saharan mineral exploration and development projects • Experienced in evaluating brown-field gold and other mineral proje

  5. Slide 5: Southern Africa’s Mineral Potential

    Southern Africa’s Mineral Potential Ever since the world’s largest gold rush to South Africa in the late 1880s, the region has continued attract new investors to mining exploration and development. As well as in South Africa, mining plays a significant role in the economies of most other countries i

  6. Slide 6: What is Small-Scale Mining?

    What is Small-Scale Mining? Small-Scale mining covers a range of activities from artisanal scale mining (ASM) to more established mines, with many of the larger ones being usually owned by Public Companies. ASM is common across the region and plays a significant part in local mining activities, espe

  7. Slide 7: Pambili’s Game Plan

    Pambili’s Game Plan Pambili will leverage its TSX-V listing and its local knowledge and expertise in Southern Africa to identify the most attractive opportunities to transition into mining using the following tactics: • Identify small-scale producing gold mines that currently generate cash but lack

  8. Slide 8: Why Target Zimbabwe?

    Why Target Zimbabwe? The confluence of several factors that intensify the promise of prosperity make Zimbabwe an attractive destination for mining investments. • Geology: Zimbabwe is richly endowed with valuable minerals, including gold, chromium, copper, platinum, iron ore, manganese, and lithium •

  9. Slide 9: Zimbabwe - Geology

    Zimbabwe - Geology Much of Zimbabwe is underlain by the Archean Zimbabwe Craton: • Apart from other minerals, Zimbabwe hosts some 800 recorded gold deposits with over 6,000 known gold occurrences. • Despite their potential, most mineral deposits in Zimbabwe remain largely under- developed and under-

  10. Slide 10: Development Potential

    Development Potential Small-scale and Artisanal mining in Zimbabwe rivals the “formal” corporate sector in terms of gold production, but why? And why does Zimbabwe hold such development potential? • Hyperinflation in the early 2000s took Zimbabwe off the mining investment map • During the same perio

  11. Slide 11: Pambili’s First Target

    Pambili’s First Target Pambili has identified the Happy Valley gold mine near Bulawayo, Zimbabwe as the ideal starting point for its move into mining • The mine lies in the Hope Fountain Structural Domain within the Bulawayo Greenstone Belt • This domain hosts 87 documented mines that have produced

  12. Slide 12: The Happy Valley Mine

    The Happy Valley Mine The Happy Valley gold mine has periodically been in production since it was first opened in 1957. • Recent production of 35oz/month (~1kg) • Installed milling capacity to process twice as much ore • Drill targets have been identified and the drilling programme is due to start i

  13. Slide 13: The Earn-In Agreement

    The Earn-In Agreement Pambili has signed an Earn-in Agreement with the owner of the Happy Valley Mine: • Pambili will earn up to 51% of Future Production by investing US$1,000,000 over the next two years. • The Earn-in is pro rate which means Pambili will almost immediately benefit from the increase

  14. Slide 14: The Non-Brokered Private Placement

    The Non-Brokered Private Placement Pambili recently closed a Non-brokered Private Placement to raise the funds required to meet its obligations under the Earn-in Agreement. The C$515,000 raised will cover the following expenditure: • $200,000 for Capital Expansion of the mine • $100,000 for Initial

  15. Slide 15: Pambili’s Capital Structure

    Pambili’s Capital Structure Common Shares in Issue 221,217,412 (23% held by directors and insiders) Warrants 22,217,039 Options: 500,000 Common Shares Fully Diluted post Closing: 243,934,451 15 PNN on TSX Venture Page 15

  16. Slide 16: A Golden Opportunity in Zimbabwe

    A Golden Opportunity in Zimbabwe The CEOs of both Pambili and the Zimbabwean mining company are available to discuss this opportunity with potential investors seeking additional information. In the first instance, interested parties should contact Jon Harris by email: jon.harris@Pambilinrc.com THANK

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