Piche Resources Limited · ASX:PR2
Piche Resources — Investor Presentation (July 2024)
29 slides from Piche Resources's investor presentation, Jul 18, 2024
Slide 1: Piche Resources Limited
For personal use only Piche Resources Limited Drill ready uranium and gold projects in Western Australia and Argentina NOT FOR RELEASE TO U.S. WIRE SERVICES OR DISTRIBUTION IN THE UNITED STATES
Slide 2: Disclaimer
Disclaimer The purpose of this presentation is to provide general information about Piche Resources Limited (”PRL” or the “Company”). This presentation is current as of 17 July 2024 (unless otherwise stated herein). The information in this presentation may change over time and PRL has no obligation
Slide 3: Piche Resources Limited – Uranium/Gold ASX Listing
PICHE RESOURCES LIMITED – URANIUM/GOLD ASX LISTING For personal use only Company and ticker Piche Resources Limited (PR2) ASX listed Listed on Monday 15 July 2024 Assets Uranium and gold project areas in Australia and Argentina Directors John (Gus) Simpson, Stephen Mann, Pablo Marcet, Clark Beyer, S
Slide 4: Piche Portfolio
PICHE PORTFOLIO Targeting globally significant discoveries in Tier-1 mineral provinces Western Australia Argentina For personal use only Uranium Projects Sierra Cuadrada Commodities Uranium Land package 1,310km2 Ownership 100% Ashburton Commodities Uranium, Rare earths Land package 122km2 Ownership
Slide 5: Capital Structure
Capital Structure For personal use only CAPITAL STRUCTURE SHARES IPO Offer Shares Directors & Management Escrowed (24 months) 39,133,333 Other shareholders 83,995,002 Directors & 39.1M Management 32% 50M TOTAL 123,128,335 41% Existing 123.1M OPTIONS Shareholders Shares Tradeable options 29,887,730 U
Slide 6: Board of Directors
BOARD OF DIRECTORS Highly regarded and experienced board with the corporate and technical skills to find, fund and develop mines For personal use only John (Gus) Simpson Stephen Mann Pablo Marcet Executive Chairman Managing Director Executive Director John has over 37 years experience in Stephen is
Slide 7: Argentina Management Team
Argentina Management Team Piche has established an experienced professional team to advance the Argentina project portfolio For personal use only Country Manager: Fernando Rodriguez Uranium Project Manager: Francisco Parra (ex CNEA) Uranium Senior Geologist: Leonardo Scarletta (commencing in Aug 202
Slide 8: Uranium Projects
8 For personal use only Uranium Projects
Slide 9: Ashburton Project - Uranium - Australia
ASHBURTON PROJECT - URANIUM - AUSTRALIA For personal use only 3 exploration licenses across 122km2 • Pilbara region - Western Australia - 1,150 km N of Perth • 14 historic uranium occurrences - 65 km of strike • Prior drilling has identified significant high-grade unconformity uranium Potential to h
Slide 10: Ashburton Project - Angelo River prospects
ASHBURTON PROJECT - URANIUM - AUSTRALIA Angelo River prospects are part of a large, well mineralized uranium system • 1978-1982, Pancontinental drilled 62 holes - 7km of BB Fault For personal use only • 71 intercepts greater than 500ppm (approx. 1.1lb U3O8 per tonne) • High grade drill results inclu
Slide 11: Ashburton Project - Multiple other prospects to explore
ASHBURTON PROJECT - URANIUM - AUSTRALIA Multiple other prospects to explore • Atlantis: Significant uranium intersections include: For personal use only • 5.5m @ 0.62% U3O8 • 2.2m @ 0.74% U3O8, and • rock chip samples of up to 37% U3O8 • NOG: Rock chip samples include: • 3.03% U3O8 • 0.71% U3O8 and
Slide 12: Sierra Cuadrada Project - Uranium
SIERRA CUADRADA PROJECT - URANIUM For personal use only Tenement schematic of the Sierra Cuadrada uranium Projects Sierra Cuadrada Radiometric Uranium Anomalies • The Sierra Cuadrada Project has been expanded to 1,300 km2 in the San Jorge Basin Cretaceous paleochannel system located 200km north of C
Slide 13: Uranium Discovery & Mining – Argentina
URANIUM DISCOVERY & MINING – ARGENTINA Significant historical uranium exploration • The Argentine National Atomic Energy Commission For personal use only (CNEA) explored for uranium across Argentina from the mid 1950-80’s resulting in 1,000’s of anomalies and 8 mines developed • In the Chubut Provin
Slide 14: Sierra Cuadrada Project – Uranium - Argentina
SIERRA CUADRADA PROJECT – URANIUM - ARGENTINA For personal use only Schematic of long section through Cretaceous Paleochannels 2023 outcrop mapping program - uncut average grade of 2,579 ppm U3O8 (5.67lbs per tonne) U3O8 av ppm 2579 3194 3707 4254 samples 92 74 63 54 cutoff 0 150 g/t U 300g/t U 450
Slide 15: Sierra Cuadrada Project – 2024 auger drilling
SIERRA CUADRADA PROJECT – URANIUM - ARGENTINA • During Q1-3 2024 Piche trialled different sampling techniques at Sierra Cuadrada to test the upper 4-6 For personal use only metres of the stratigraphy for shallow flat lying uranium Teo 5&6 prospect 2024 auger drill program mineralisation • Tractor mo
Slide 16: Comparison – Enterprise Value and Grade
COMPARISON – ENTERPRISE VALUE AND GRADE For personal use only The Company is providing comparatives of other companies in the uranium sector to show the various stages of projects. Ashburton Angelo River projects high grade drill results Drill hole Intercept Grade Intercept Grade AR1004 10.5m @ 4,38
Slide 17: Gold Projects
17 For personal use only Gold Projects
Slide 18: Cerro Chacon Project - Gold - Argentina
CERRO CHACON PROJECT - GOLD - ARGENTINA • Located 10km south of Paso de Indios, Chubut - Argentina • Consists of 365km2 of tenements with extensive gold/silver occurrences For personal use only • Structural mapping and geochemical sampling at Chacon Grid has identified extensive mineralised systems
Slide 19: Cerro Chacon Project - Gold - Argentina
CERRO CHACON PROJECT - GOLD - ARGENTINA • Extensive vein networks of gold, silver and pathfinder elements • Assays up to 13 g/t Au in wide (up to 40m) and • Up to 6 km long zones of epithermal veining For personal use only Simplified schematic of Cerro Chacon Grid cross section Cerro Chacon is a hig
Slide 20: Corporate matters
20 For personal use only Corporate matters
Slide 21: Use of Funds
USE OF FUNDS Cash position $10,840,000M For personal use only Ashburton (WA) Exploration costs $2.98M $1M 10% Sierra Cuadrada (Argentina) $3.2M 32% $1.7M Corporate Costs Gascoyne-Minindi $70k IPO Fees $10.84M Cerro Chacon (Argentina) $1.3M Abydos (WA) $5.8M $90k 58% Beasley Creek (WA) $80k 21
Slide 22: Work Program
WORK PROGRAM Jul Aug Sep Oct Nov Dec Q3 25 Q4 25 Q1 26 Q2 26 2024 2024 2024 2024 2024 2024 Uranium Work Program For personal use only Ashburton Environmental approvals Land access Geophysics RC drilling Diamond Results and market announcement Follow up exploration campaign Sierra Cuadrada Environmen
Slide 23: Work Program and Operational Budget
WORK PROGRAM Jul Aug Sep Oct Nov Dec Q3 25 Q4 25 Q1 26 Q2 26 2024 2024 2024 2024 2024 2024 Gold Work Program For personal use only Cerro Chacon Environmental approvals Land access Geophysics RC drilling Diamond Results and market announcement Follow up exploration campaign Other non-Uranium Projects
Slide 24: Investment Opportunity
INVESTMENT OPPORTUNITY For personal use only 1 A suite of high-quality uranium and gold assets in a new ASX listed company 2 Assets with up to 40 years of exploration history resulting in high confidence, drill ready exploration targets 3 Multiple styles of mineralisation across two attractive minin
Slide 25: Contact details
For personal use only Contact details: John (Gus) Simpson Executive Chairman Piche Resources Limited +61414384220 [email protected]
Slide 26: Appendices - REE Project
For personal use only Appendices REE Project 26
Slide 27: Ashburton Project - REE - Australia
ASHBURTON PROJECT - REE - AUSTRALIA Rock chip sampling of radiometric anomalies over a 350m x 200m area at the Livanto prospect returned very high grade REE For personal use only Including all four super magnet elements: • Cerium to 3.73% • Lanthanum to 1.75% • Yttrium to 1.20% • Praseodymium to 0.9
Slide 28: Ashburton Project - REE - Australia
ASHBURTON PROJECT - REE - AUSTRALIA • Indian Head thru Peacock West and Canyon Creek REE prospects co-reside in or near the Ashburton exploration licenses covering approx. 122km2 • In 2010 a twenty-one-hole uranium drill program was completed between Indian Head and Canyon Creek and was assayed for
Slide 29: Argentina - Top global mining companies operating in Argentina
ARGENTINA Top global mining companies operating in Argentina2 For personal use only 2 – Ministry of Economics Argentina: Mining in Argentina 29