PMET Resources Inc. · TSX:PMET
PMET Resources — Patriot Battery Metals — Diggers & Dealers 2024
32 slides from PMET Resources's conference presentation, Aug 7, 2024
Slide 1: North Americas Lithium Solution
For personal use only North Americas Lithium Solution Diggers & Dealers – August 2024
Slide 2: Legal Disclaimer
LEGAL DISCLAIMER THIS MANAGEMENT PRESENTATION (the "presentation") was prepared as a summary FORWARD-LOOKING STATEMENTS are not guarantees of future performance and involve risks, fluctuations in currency markets (such as the US dollar versus the Canadian dollar); the volatility of overview only of
Slide 3: Introduction / Highlights
PATRIOT BATTERY METALS Introduction / Highlights For personal use only Patriot Battery Metals SCALE, HIGH–GRADE, QUALITY JURISDICTION is a hard-rock lithium Shaakichiuwaanaan (formally known as Corvette), is already the exploration and development largest lithium pegmatite Resource1,2 in the America
Slide 4: Shaakichiuwaanaan Property: (Still) The Largest in the Americas
SHAAKICHIUWAANAAN PROPERTY (Still) The Largest in the Americas For personal use only • 100% Owned • NEW Consolidated Mineral Resource statement1,2 (CV5 and CV13): o 80.1 Mt at 1.44% Li2O and 163 ppm Ta2O5 Indicated, and o 62.5 Mt at 1.31% Li2O and 147 ppm Ta2O5, Inferred • 6.9 km of collective strik
Slide 5: Shaakichiuwaanaan Property Exploration Target
SHAAKICHIUWAANAAN PROPERTY Exploration Target 1 For personal use only • Significant Exploration Target outlines the potential for additional tonnage at the Shaakichiuwaanaan Property o 146 to 231 Mt at 1.0 to 1.5% Li2O. The potential quantity and grade of the Exploration Target are conceptual in nat
Slide 6: CV5 Mineral Resource Estimate Sensitivity Analysis by Cut-Off Grade
CV5 MINERAL RESOURCE ESTIMATE Sensitivity Analysis by Cut-Off Grade1,2 Large, High-Grade For personal use only 1 Mineral Resource sensitivity analysis should not be interpreted as a Mineral Resource. The table presents the sum of the open-pit and underground constrained and classified resources at t
Slide 7: New High-Grade Zone at CV13
CV13 HIGH GRADE ZONE New High-Grade Zone at CV13 For personal use only • New high-grade spodumene pegmatite zone discovered at CV13: • 34.4 m at 2.90% Li2O, including 21.9 m at 3.58% Li2O (CV24-470), discovery hole. • 51.7 m at 1.77% Li2O, including 9.7 m at 5.16% Li2O (CV24-525). • 35.3 m at 2.40%
Slide 8: CV5 & CV13 Simple Mineralogy & Metallurgy
CV5 & CV13 Simple Minerology & Metallurgy For personal use only Both CV5 and CV13 — Potentially Processable at the same Plant • Consistently large spodumene crystals (potentially from the same source) • Representative testwork done across the pegmatite • Coarse-grained spodumene liberates effectivel
Slide 9: Top Tier Mining Jurisdiction: Near Infrastructure
TOP TIER MINING JURISDICTION Near Infrastructure For personal use only CV5 Spodumene Pegmatite at the Shaakichiuwaanaan Property is Strategically Located in the James Bay Region of Northern Quebec • ~13 km from all-weather road access • ~14 km from existing hydropower lines • ~50 km from La Grande-4
Slide 10: Infrastructure Investment: Camp
INFRASTRUCTURE INVESTMENT Shaakichiuwaanan Camp For personal use only The camp is located at KM270 on the Trans-Taiga Road. The camp is a critical infrastructure considering upcoming closure of Mirage Outfitters in Q4 2024 and includes the following facilities: • 80 room camp for Phase 1; • Heated w
Slide 11: Infrastructure Investment: All Weather Road
INFRASTRUCTURE INVESTMENT All Weather Road For personal use only • The All-Season Access Road extends south from KM270 on the Trans-Taiga Road a distance of ~20 km south to the CV5 deposit • The road is a critical investment and will enable significant cost savings on future drilling and exploration
Slide 12: Permitting: Mining Approval Process
PERMITTING Mining Approval Process For personal use only Project Description Environmental Impact Assessment Report • Baseline Data collection (2 years) Impact Benefit Agreement • Project guidelines • Alternatives Assessment (Commitments to Local Communities) • Preferred Project Design (based on the
Slide 13: Market Commentary
For personal use only PATRIOT BATTERY METALS Market Commentary 13 TSX: PMET ASX: PMT OTCQX: PMETF WB: R9GA PMET
Slide 14: Market Commentary: Supply Side
MARKET COMMENTARY Supply Side For personal use only • China’s supply-side response has been successful in the Zimbabwe – Hard Rock cost of Production (Cannacord – July24) last couple of years, however it has come at a cost. • For just one example, look at Zimbabwe From our friends at Cannacord, some
Slide 15: Market Commentary: Demand Side
MARKET COMMENTARY Demand Side For personal use only • China’s dominance of New Energy industries is now complete with its leading position in the lithium-ion supply chain. • Lithium Iron Phosphate (LFP) cells in China are now in a cost position no western analyst would have imagined just a few years
Slide 16: Market Commentary: N. American Downstream Landscape
MARKET COMMENTARY N. American Downstream Landscape For personal use only Gigafactory Cathode Active Material/precursor Cathode Active Material (CAM/pCAM) plants 16 TSX: PMET ASX: PMT OTCQX: PMETF WB: R9GA PMET
Slide 17: Exploration, Resource Growth and Project Delivery
Exploration, Resource Growth and Project Delivery For personal use only Continue to Drill Exploration/ Community Develop CV5 Development Extend CV5 westward • Surface work on the • Build and enhance Upgraded CV5 mineral to CV13 remaining prospective trend relationships with Chisasibi resource estima
Slide 18: Approvals Process
For personal use only PATRIOT BATTERY METALS Approvals Process 18 TSX: PMET ASX: PMT OTCQX: PMETF WB: R9GA PMET
Slide 19: Cree Engagement
Cree Engagement • Recent site celebrations / ceremony For personal use only and feast • Approximately 40 community members, including the Tallyman and his family • The entire site team • Camp Shaakichiuwaanaan • The name means climbing a hill or a mountain • As chosen by the Tallyman, his family and
Slide 20: Shaakichiuwaanaan: Impact Assessment Processes
PERMITTING Shaakichiuwaanaan: Impact Assessment Processes For personal use only Provincial Assessment & Review Procedure • All mining projects located south of the 55th parallel, in the territory is governed by the James Bay and Northern Quebec Agreement (“JBNQA”) • COMEX – Environmental and Social
Slide 21: Environmental Baseline Work
PERMITTING Environmental Baseline Work For personal use only Gantt chart of Environmental baseline work completed to date and planned to support the submission of the ESIA 21 TSX: PMET ASX: PMT OTCQX: PMETF WB: R9GA PMET
Slide 22: Appendices
For personal use only Appendices
Slide 23: CV5 & CV13 Mineral Resource Estimate
CV5 & CV13 MINERAL RESOURCE ESTIMATE Large, High-Grade For personal use only 4.9 Mt of LCE Resource ≈ 10 Years Of TOTAL N.A. Demand In 2027 800 23 TSX: PMET ASX: PMT OTCQX: PMETF WB: R9GA PMET
Slide 24: CV5 and CV13 Mineral Resource Statement
CV5 AND CV13 Mineral Resource Statement For personal use only Li2O Ta2O5 Contained Li2O Contained LCE Pegmatite Classification Tonnes (%) (ppm) (Mt) (Mt) Indicated 80,130,000 1.44 163 1.15 2.85 CV5 & CV13 Inferred 62,470,000 1.31 147 0.82 2.03 • Mineral Resources were prepared in accordance with Nat
Slide 25: CV5 and CV13 Mineral Resource Sensitivity Analysis
CV5 AND CV13 MINERAL RESOURCE * Sensitivity Analysis CV5 Spodumene Pegmatite CV13 Spodumene Pegmatite For personal use only Indicated Inferred Indicated Inferred Cut-off grade Average grade Average grade Average grade Average grade Tonnes ≥ cut- (%) Tonnes ≥ cut-off (Li2O) ≥ cut-off Tonnes ≥ cut-off
Slide 26: Peer Comparison Information
NOTES PEER COMPARISON INFORMATION Reserves (Mt LCE) Resources (Mt LCE) — Inclusive of Reserves Company Project Stage Information Source(s) Proven Probable Total Reserves Measured Indicated Inferred Total Resources AVZ Minerals Manono (75%) Feasibility 2.0 2.0 4.0 4.0 11.0 10.0 25.0 ASX Announcement
Slide 27: Our Team
For personal use only PATRIOT BATTERY METALS Our Team
Slide 28: Proven Team with a Track Record of Value Creation
PROVEN TEAM WITH A TRACK RECORD OF VALUE CREATION For personal use only Ken Brinsden Natacha Darren L. Alix Drapack Greg Barfoot Bradley Seward Olivier Garoute Smith Caza-Lapointe B.Eng. (Mining), CPA, LLB M.Sc., P.Geo. P.Eng., MBA, ICD.D M.Eng., MBA VP IR MAUSIMM, MAICD Vice President, Vice Preside
Slide 29: Corporate Snapshot
For personal use only CORPORATE Snapshot
Slide 30: Corporate Snapshot: Trading Update, Shareholder Register
CORPORATE SNAPSHOT Trading Update Shareholder Register For personal use only $20.00 9.0 3% 8.0 4% 3% 0% 5% 7.0 $15.00 19% 15% 36% 6.0 Volume (mm) 5.0 51% C$/sh $10.00 20% 4.0 23% 3.0 21% $5.00 Australia Other 2.0 Canada HNW/family office 1.0 United States Institutional $0.00 - UK Retail Europe Corpo
Slide 31: Corporate Snapshot: Trading Update, Analyst Coverage
CORPORATE SNAPSHOT Trading Update Analyst Coverage For personal use only Pro-Forma Equity Raise CAD (m) Basic Shares Outstanding 141.1 Dilutive Securities 11.1 Fully Diluted Shares 152.2 Market Cap (as of August 6th) : $568 Cash (pro forma equity raise, as of April 30th) $119 Potential Cash from FDI
Slide 32: Thank you
For personal use only Thank you PATRIOT BATTERY METALS +1 (604) 279 8709 [email protected] patriotbatterymetals.com 32 TSX: PMET ASX: PMT OTCQX: PMETF WB: R9GA PMET