Us1 Critical Minerals Limited · ASX:USC
Us1 Critical Minerals — Gladiator Resources — Investor Presentation (November 2023)
19 slides from Us1 Critical Minerals's investor presentation, November 2023
Slide 1: Corporate Presentation November 2023
C O R P O R AT E P R E S E N TAT I O N NOVEMBER 2023
Slide 2: Disclaimer
Disclaimer This presentation has been prepared and issued Gladiator Resources Limited (the “Company") to inform interested parties about the Company and its progress. The material contained in this presentation sets out general background information on the Company and its activities. It does not co
Slide 3: Gladiator Board of Directors
Gladiator Board of Directors CORPORATE PRESENTATION Greg Johnson [ AUSTRALIA ] NON-EXECUTIVE CHAIRMAN Matthew Boysen Peter Tsegas Rod Chittenden Andrew Pedley [ AUSTRALIA ] [ TANZANIA ] [ AUSTRALIA ] [ SOUTH AFRICA ] NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR NON-EXECUTIVE DIRECTOR NON-EXECUTIVE
Slide 4: Gladiator's Uranium Projects
Gladiator’s Uranium Projects CORPORATE PRESENTATION • Uranium focus • 1814 km2 under license • Largest holding in the highly prospective ‘Karoo’ of southern Tanzania • Mkuju is in same basin as nearby Uranium One’s 125 Mlb (U3O8) Nyota deposit1 • Team in country – recent ground based radiometric sur
Slide 5: Uranium is the Future
Uranium is the Future 60 New nuclear plants under construction CORPORATE PRESENTATION in 15 countries Spot Uranium USD/lb U3O8 Uranium gaining strength up 300% 300% since 2018 and steadily rising. ASX:GLA 5
Slide 6: Mkuju Project Geology
Mkuju Project Geology Nyota Deposit • Flat-to-shallow dipping sandstones and shales 125Mlb U3O8 of the Karoo Supergroup CORPORATE PRESENTATION • Mineralization is sandstone hosted (30% of global uranium production) • Gladiator is targeting In-Situ Recovery (ISR) as preferred mining method, accounts
Slide 7: Mkuju Project
Mkuju Project • Not all radiometric anomalies tested CORPORATE PRESENTATION previously and radiometric are anomalies limited to surface mineralisation – doesn’t ‘see’ below surface. • Likuyu North Deposit - just the beginning: JORC compliant Mineral Resource Estimate (MRE) of 4.6 Mlbs U3O8. • Curren
Slide 8: SWC Target
SWC Target New ground radiometric survey results – very high uranium anomalies and allows interpretation: uranium mineralisation on limbs of a gentle 2008 Shallow auger drilling at SWC: dome. Red arrows indicate where the surface mineralisation may extend North anomaly ‘down-dip’ to north and southe
Slide 9: SWC Target
SWC Target Cross-section showing the interpretation and proposed drilling CORPORATE PRESENTATION Next Steps • Trenching complete to confirm the 2008 auger holes – best was an interval in trench 4 of 44 metres with >9,999 counts per second (device maximum) and, • visible uranium mineralisation in coa
Slide 10: Mtonya deposit
Mtonya deposit Map showing airborne radiometric data for Mtonya-SWC trend and insert detailing ‘open’ areas of Mtonya CORPORATE PRESENTATION • Mtonya deposit 2013 estimate: 2.7 Mt with an average grade of 293 ppm U3O8 containing 1.9 M lbs of U3O8 • Considered a ‘foreign estimate’ under JORC. • Some
Slide 11: Mtonya Target
Mtonya Target • Example of a cross-section where an excellent 2013 drillhole interval (8.5m @ 515ppm U3O8 from 155.9m depth) is open laterally CORPORATE PRESENTATION • Access roads being prepared now in readiness to drill ‘step-out’ holes in early 2024. • Other holes that need ‘step-out’ testing are
Slide 12: Likuyu North Deposit
Example uranium mineralised interval from Likuyu North Likuyu North Deposit CORPORATE PRESENTATION • JORC MRE of 7.7 Mt with an average grade of 267ppm U3O8 containing 4.6 Mlbs U3O8, within a ‘pit-shell’. • Up to 8 extensive ‘stacked’ layers, gently dipping, hosted by porous coarse-grained sandstone
Slide 13: Likuyu North Opportunity to Expand
Likuyu North Opportunity to Expand • Aircore holes were limited to 150 m depth and insufficient cored holes deeper than CORPORATE PRESENTATION this. • Additional drilling at the 'SW Gap' and 'Central Gap'. Drill hole MKRC0013 reported 9 m @133ppm from surface. • Target possible NE-SW oriented higher
Slide 14: Likuyu North Opportunity to Expand
Likuyu North Opportunity to Expand CORPORATE PRESENTATION • Example of opportunity at Likuyu North - previous drilling too shallow in places • If ISR depth is not an issue, resource expansion ASX:GLA Cross-section through part of Likuyu N deposit with ‘Central Gap’ area: needs additional drilling 14
Slide 15: Likuyu North Opportunity to Expand
Likuyu North Opportunity to Expand Airborne magnetic Airborne data formagnetic Likuyu Ndata CORPORATE PRESENTATION Likuyu North ASX:GLA • Example of opportunity at Likuyu North - previous drilling too shallow • If ISL depth is not an issue, resource expansion Geological map of Mkuju Project incl. Ny
Slide 16: 2024 plan
2024 plan UD3 million minimum raise CORPORATE PRESENTATION • Initial 3000-4000 m of core drilling at SWC, Mtonya and Likuyu North • ISL studies and test-work • Follow-up drilling • May through to October. ASX:GLA 16
Slide 17: Investment Summary
Investment Summary An ASX-listed uranium focused explorer. Numerous new targets with uranium at surface and ‘right geology’. CORPORATE PRESENTATION Existing uranium deposits with clear Team is on the ground advancing and U opportunity to expand and make new generating news-flow. discoveries Likely w
Slide 18: Mineral Resource Estimates for Mkuju Project
Mineral Resource Estimates for Mkuju Project JORC MRE for the Likuyu North Deposit Grade Contained • Effective date 27 April 2022 100 pm U3O8 cut off Tonnes (millions) U3O8 ppm U3O8 Mlbs • Note that these are not in addition to each other, the 200 ppm cut-off MRE is a portion of the 100 ppm cut- Ind
Slide 19: Thank You
THANK YOU Suite 1, Level 1, 1 Castlereagh St, Sydney NSW 2000 www.gladiatorresources.net
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