Fortuna Metals Limited · ASX:FUN
Fortuna Metals — Lanthanein Resources — RIU Explorers Conference (2024)
20 slides from Fortuna Metals's conference presentation, 2024
Slide 1: Minerals for an Electric Future
Minerals for an Electric Future 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 PETER SWIRIDIUK ANEES SABET THOMAS LANGLEY Technical Director Non-Executive Chairman Non-Executive Director Non-Executive Director Non-Executive Director Brian is an experienced David is an international Peter holds a BSC (Hons), Anees is an established Thomas ha
Slide 4: ESG Roadmap
ESG Roadmap 2023/24 has seen Lanthanein progress with ESG integration throughout the company’s governance, FY 2022/23 FY 2023/24 FY 2024/25 risk management and operational policies and processes throughout the financial year. - ESG data collated and - Continuous development of - Ongoing stakeholder
Slide 5: Project Profiles
Project Profiles Mt Clere Lyons and Edmund • Murchison • Gifford Creek, Gascoyne • LCT Pegmatites, Carbonatites and • Ironstones and Ferrocarbonatite Sedimentary Uranium Hosted REE’s Karratha Carnarvon Newman Lady Grey • Mt Holland, Yilgarn WA • Lithium Project Geraldton SA Kalgoorlie Perth Murraydi
Slide 6: Lady Grey Lithium Project
Lady Grey Lithium Project • Highly prospective acquisition of the Lady Grey Lithium Project directly adjacent to Covalent Lithium’s (SQM/ Wesfarmers 50/50 JV) Earl Grey Mine, 189Mt @ 1.53% Li2O* • Tier 1 Location of granted tenure with ~ 18km of strike along Forrestania Greenstone Belt with proven w
Slide 7: Lady Grey Lithium
Lady Grey Lithium • Lady Grey Lithium Project is situated within Exploration Licence E77/2143 covering ~77sqkm • Located on the Southern Cross - Forrestania Greenstone Belt - proven Tier 1 lithium mining district • Farm In Joint Venture to earn up to 70% of the project • Neighbours are major miners
Slide 8: Lady Grey Lithium
Lady Grey Lithium • Earl Grey pegmatite sill is exposed only in the south-western corner of the Earl Grey deposit • The sill dips gently northward, sub-horizontally under the historic Earl Grey gold mine • Covalent Lithium’s pegmatite is thickest against the western fault, thinning to stringer miner
Slide 9: Lady Grey Lithium
Lady Grey Lithium • Historical geochemical data indicates the presence of rare element pegmatite(s) • Anomalous results include elevated Ta (up to 391 ppm), Sn (up to 116 ppm) and rock samples returning elevated Li (up to 298 ppm), Cs (up to 46 ppm), Rb (up to 1463 ppm) and Ta (up to 783 ppm)* • Qua
Slide 10: Lady Grey Lithium
Lady Grey Lithium Programme for 2024 • Extensive soil geochemistry program across the full tenement utilising existing historical grid lines where possible • Approved POW in place for 193 Aircore and 50 RC drillholes in northeast corner immediately adjacent to Earl Grey • Heritage clearances for exp
Slide 11: Gascoyne REE Project
Gascoyne REE Project • REE’s hosted in the Yangibana Ironstones within the Durlacher Supersuite Rocks • Source of the REE’s is from the Gifford Creek Ferrocarbonatites which have been intruded along the Bald Hill Lineament • Hastings Technology Metals is developing the Yangibana REE Project, Austral
Slide 12: Gascoyne REE Project
Gascoyne REE Project • Northern Lyons Prospects are immediately adjacent to Hastings Technology Metals (ASX:HAS) world class Yangibana REE Project • Hastings REE’s hosted in the same ironstones derived from Gifford Creek Ferrocarbonatites present in the Durlacher Supersuite rocks that host the Lyons
Slide 13: Gascoyne REE Project
Gascoyne REE Project • 14,000 metres of drilling over the past 18 mths on Lyons • Discovery and resource infill drilling at Lyons 11, 12 & 13 prospects • Initial Inferred Mineral Resource Estimate completed (ASX Release 25th October 2023) • Exploration drilling on additional ironstone and carbonatit
Slide 14: Gascoyne REE Project
Gascoyne REE Project • Regional magnetics and radiometrics have defined ferrocarbonatite targets under cover on Lanthanein’s Lyons EL • Ferrocarbonatites the source of the REE rich ironstones on Lanthanein and Hastings ground Lanthanein Resources I ASX: LNR 14
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 in 2023 following the extensive community consultation process • Over 40 holes with grades of 500-2,240ppm TREO with majority >20% Nd/Pr* • New exploration licence re
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, pas
Slide 18: Mt Clere REE and Lithium Project
Mt Clere REE and Lithium Project • Targeting REE’s in Durlacher Supersuite sequence of rocks, the same host rocks as Yangibana and Lyons • Lithium potential in LCT Pegmatites in the southeast of the tenement • Emerging rare earth province highlighted by Krakatoa ASX: KTA discovering ion adsorption c
Slide 19: The Opportunity / Investment Thesis
The Opportunity / Investment Thesis • Emerging Lithium and Rare Earth Elements Explorer • Lady Grey Project immediately adjacent to the operating Earl Grey Mine (189mt @ 1.53% Li2O) at Mount Holland run by Covalent Lithium (SQM/Wesfarmers 50/50 JV) • Gascoyne Project is adjacent to Hastings Technolo
Slide 20: www.lanthanein.com ASX: LNR
www.lanthanein.com ASX: LNR Contact: +61 8 9486 4036
Lanthanein Resources — RIU Explorers Conference (2024) on 6ix