Verity Resources Limited · ASX:VRL
Verity Resources — Si6 Metals — Corporate Fremantle Conference 14 Feb 2024
17 slides from Verity Resources's conference presentation, February 2024
Slide 1: Investor Presentation
INVESTOR PRESENTATION Building a portfolio of critical and precious minerals assets in Brazil, Botswana and WA February 2024 Botswana Project
Slide 2: Company Overview
COMPANY OVERVIEW Strong leadership by a team with over 50 years combined experience in mining/resource project generation and discovery CAPITAL STRUCTURE BOARD OF DIRECTORS B OM AAR JDOO R FS D H IARRE ECHTO OLRDS E R S ASX Code SI6 Non-Executive Chairman David Sanders Foxfire Metals 9.5% Shares on
Slide 3: Investment Proposition
INVESTMENT PROPOSITION SI6 is targeting critical minerals in Tier 1 mining jurisdictions with valuable 100% owned WA gold asset for strategic play RIGHT ASSETS CRITICAL/PRECIOUS METALS/MINERALS REE & Lithium in Brazil Ni-Cu-Co-PGE in Botswana • Acquisition of 50% interest in suite of projects includ
Slide 4: Investment Proposition: Tier-1 Jurisdictions
INVESTMENT PROPOSITION SI6 market capitalisation of $11M with significant upside value RIGHT PLACES TIER-1 JURISDICTIONS BRAZIL BOTSWANA LEONORA-WA RAZIL • One of the biggest players in the • The “Switzerland of Africa” • Au project with Ni and Li potential global mining sector • Pro-mining jurisdic
Slide 5: 2024 Program & Catalysts
2024 PROGRAM & CATALYSTS SI6 market capitalisation of $11M with significant upside value RIGHT PLACES TIER-1 JURISDICTIONS BRAZIL BOTSWANA LEONORA-WA RAZIL • $1 MILLION EXPLORATION • Assess the 2023 drilling program • Examine strategic position on this 100% PROGRAM CY 2024 focusing initially across
Slide 6: Brazil Battery Metals Portfolio Acquisition
BRAZIL BATTERY METALS PORTFOLIO ACQUISITION Joint Venture for acquisition of 50% battery metals portfolio with Foxfire Metals Pty Ltd covering 17,800 hectares Strategic focus on building critical metals portfolio including: • Rare Earth Elements • Lithium • Gold, PGE, base and precious metals In-cou
Slide 7: Caldera REE Project – Minas Gerais
CALDERA REE PROJECT – MINAS GERAIS • 1,085Ha exploration package strategically acquired • Located within and along the contact point of the Poços De Caldas Alkaline Complex, host to ASX:MEI’s 409Mt @ 2,626ppm TREO Mineral Resource Estimate¹ and ASX: VMM Colossus REE project • Alkaline Complex is a C
Slide 8: Caldera REE Project – Minas Gerais
CALDERA REE PROJECT – MINAS GERAIS REE Potential in Minas Gerais Market Capitalisation Company Discovery (at 30 January 2024) Meteoric Resources ~A$348 million 409Mt @ 2,626ppm TREO (Inferred Resource)1 (ASX:MEI) Viridis Mining and Fazenda Prospect: Ionic Adsorption Clay (IAC) body ranging from 10 t
Slide 9: Lithium Valley
LITHIUM VALLEY • Located within the Eastern Brazilian Pegmatite Province, globally recognised as the “Lithium Valley” - one of the largest lithium spodumene districts • Multiple key project areas in the Lithium Valley in strategic locations • Licences over granites associated with spodumene-bearing
Slide 10: Botswana – Untapped Potential
BOTSWANA – UNTAPPED POTENTIAL Underexplored >16km trend of potential mineralisation • 3 Flagship Projects: • Dibete (drill program Sep-Dec 23) • Airstrip (drill program Sept-Nov 23) • Maibele North – 2.38Mt Resource (drill program Nov-Dec 23) • Discoveries at-surface (Selebi mine depth >1.5km) • Wit
Slide 11: Drill results 2023 drilling program
Drill results 2023 drilling program Dibete High-grade Cu-Ag Project • 6.15m @ 7.20 % Cu + 182 g/t Ag from 24.85m (DBRD149)6 Incl. 0.5m @ 10.8 % Cu + 281 g/t Ag & 1.0m @ 13.0 % Cu + 168 g/t Ag • 9.0m @ 1.64% Cu + 82 g/t Ag from 45m (DBRD142)6 Incl. 2.0m @ 4.20 % Cu + 269 g/t Ag High grade Cu-Ag adjac
Slide 12: Maibele North (65% Si6)
MAIBELE NORTH (65% Si6) Ni-Cu-PGE Primary Mineralisation, 1.4km continuous strike Maiden JORC Inferred Resource Tonnes Ni Cu Pt Pd Rh Ru Au (Mt) (%) (%) (g/t) (g/t) (g/t) (g/t) (g/t) 2.38 0.72 0.21 0.08 0.36 0.04 0.05 0.10 • Covers only 800m out of 1.4km - open along strike and at depth • BCL (JV Pa
Slide 13: Monument Gold Project
MONUMENT GOLD PROJECT • 100% owned, 310km2 of tenure prospective for Au, Li, Ni • Mineral Resource Estimate8 of 154koz Au comprising: ₋ 3.0Mt @ 1.4g/t for 139koz Au at Korong deposit ₋ 0.2Mt @ 2.1g/t for 15koz Au at Waihi deposit • Along strike of Genesis’ 2.1Moz Mount Morgans Project • Other nearby
Slide 14: A Compelling Investment Proposition
A COMPELLING INVESTMENT PROPOSITION 5 Reasons to invest in Si6 Metals: 1. Right Assets – Critical Metals/Minerals (Cu, Ni, Co, Li, REE, PGM plus 100%-owned strategic gold assets well located in WA Goldfields region) 2. Right locations – Brazil (Caldera, Lithium Valley: Minas Gerais), Botswana and Le
Slide 15: Appendix
APPENDIX Maibele Base Metals Project, Botswana, Resource Information An initial JORC-compliant (2012) Inferred Resource was calculated at Maibele North by MSA South Africa in 2015 (see Table 1) using a 0.30% Nickel cut-off grade. See the ASX announcement on 28 April 2015 “Maiden Inferred Resource fo
Slide 16: Disclaimer
DISCLAIMER Forward‐Looking Statements Some statements in this presentation regarding estimates or future events are forward looking statements. They involve risk and uncertainties that could cause actual results to differ from estimated results. Forward-looking statements include estimates of future
Slide 17: Contact
CONTACT 168 Stirling Highway NEDLANDS WA Australia 6008 Jim Malone Managing Director [email protected] +61 (0)419 537 714 si6metals.com ASX:SI6
Si6 Metals — Corporate Fremantle Conference 14 Feb 2024 on 6ix