Critica Limited · ASX:CRI
Critica — Venture Minerals — Battery Minerals Conference 2018
32 slides from Critica's conference presentation, Mar 15, 2018
Slide 1: Venture Minerals Limited – Battery Minerals Conference 2018
Venture Minerals Limited Battery Minerals Conference 2018 14 -15 March 2018 Perth, Western Australia 15 March 2018
Slide 2: Forward Looking Statements
Forward Looking Statements ▪ This presentation may contain certain forward looking statements and projections regarding: - estimated, resources and reserves; - planned production and operating costs profiles; - planned capital requirements; and - planned strategies and corporate objectives. ▪ Such f
Slide 3: Highlights
Highlights • Dominant position in an emerging new Nickel-Cobalt province in Western Australia; • Drill ready substantial Lithium target discovered ~30km south of Greenbushes Deposit (supplies 40% of the worlds lithium); • VMS (Volcanogenic Massive sulfide) style target defined and being prepared for
Slide 4: Corporate Snapshot
Corporate Snapshot Directors and Key Management A dedicated management team with a wealth of experience and credited with a number of discoveries both in Australia and internationally ASX Code: VMS Shares on issue: 420m Options: 10m Market Capitalisation: A$14m Cash (as at 31 Dec 2017): A$1.7m Low B
Slide 5: Project Locations
Project Locations Caesar Project Ni- Cu North West Tasmanian Projects Mt Lindsay Tin-Tungsten, Riley & Livingstone DSO Hematite South West Project Thor Base Metal Prospect & Odin Lithium Prospect Pingaring Project Ni - Co Venture Minerals | Battery Minerals Conference, Perth 14 – 15 March 2018 5
Slide 6: Pingaring Project - Location Map
Pingaring Project - Location Map Venture Minerals | Battery Minerals Conference, Perth 14 – 15 March 2018 6
Slide 7: Pingaring Project – Geological Setting
Pingaring Project – Geological Setting • 4 km along strike and immediately to the south-east of the Quicksilver Nickel-Cobalt Discovery; • 822 km² of tenement applications within an emerging new Nickel- Cobalt province in Western Australia; • Geophysical data and surface geochemistry used to interpr
Slide 8: Pingaring Project – New Discovery
Pingaring Project – New Discovery • Venture discovered an additional ultramafic target near Quicksilver; • The new ultramafic target extends over 5 km and is interpreted to be the ultramafic core of a layered mafic-ultramafic intrusion which are prospective for nickel, cobalt and copper sulfides; •
Slide 9: Pingaring Project – New Ultramafic Target on Aeromagnetic Image
Pingaring Project – New Ultramafic Target on Aeromagnetic Image • The interpretation of the ultramafic core is supported by +1200ppm chromium and anomalous platinum, palladium and gold laterite samples as well as detailed aeromagnetic data ; • This new target has now become a priority for Venture at
Slide 10: Project Locations
Project Locations Caesar Project Ni- Cu North West Tasmanian Projects Mt Lindsay Tin-Tungsten, Riley & Livingstone DSO Hematite South West Project Thor Base Metal Prospect & Odin Lithium Prospect Pingaring Project Ni – Co Venture Minerals | Battery Minerals Conference, Perth 14 – 15 March 2018 10
Slide 11: South West Project – Location Map
South West Project – Location Map • Venture holds a 281 km² land holding within the Greenbushes Mineral District host to the world’s Greenbushes Tin- largest hard rock lithium Tantalum-Lithium Mine mine (produces ~40% of New Tenement the worlds-lithium); Acquisition Eastern VMS Targets • Several VMS
Slide 12: Odin Prospect – Substantial Lithium Target
Odin Prospect – Substantial Lithium Target Greenbushes Mine Sn + Ta + Li pegmatite Thor Prospect VMS Target anomaly Odin Prospect New pegmatite target Venture Minerals | Battery Minerals Conference, Perth 14 – 15 March 2018 12
Slide 13: Odin Prospect – Pegmatite Protolith
Odin Prospect – Pegmatite Protolith Laterite Coarse “books” muscovite indicator of pegmatite protolith Venture Minerals | Battery Minerals Conference, Perth 14 – 15 March 2018 13
Slide 14: Odin Prospect – Drilling
Odin Prospect – Drilling Venture Minerals | Battery Minerals Conference, Perth 14 – 15 March 2018 14
Slide 15: South West Project – Location Map
South West Project– Location Map • Venture holds a 281 km² land holding within the Greenbushes Mineral District host to the world’s Greenbushes Tin- Tantalum-Lithium Mine largest hard rock lithium mine (produces ~40% of New Tenement the worlds-lithium); Acquisition Eastern VMS Targets • Several VMS
Slide 16: Thor Prospect – Geochemical Target & Historic Drill Core
Thor Prospect – Geochemical Target & Historic Drill Core • Large geochemical VMS New Thor style target identified prospect hosting from surface sampling; large VMS Style Historic drill core Target containing VMS • Massive sulfides identified Style Massive in historic drill core near sulfides Thor Ta
Slide 17: Thor Prospect – Thor & Kingsley W laterite soil contours on VTEM
Thor Prospect – Thor & Kingsley W laterite soil contours on VTEM May 2017 (1km grid) Venture Minerals | Battery Minerals Conference, Perth 14 – 15 March 2018 17
Slide 18: Thor Prospect – Thor & Kingsley W laterite soil contours on VTEM
Thor Prospect – Thor & Kingsley W laterite soil contours on VTEM May 2017 (1km grid) Venture Minerals | Battery Minerals Conference, Perth 14 – 15 March 2018 18
Slide 19: Thor Prospect – Thor & Kingsley Bi laterite soil contours on VTEM
Thor Prospect – Thor & Kingsley Bi laterite soil contours on VTEM May 2017 (1km grid) New Thor prospect hosting large VMS Historic Kingsley Style Target prospect hosting VMS Style Massive sulfides Venture Minerals | Battery Minerals Conference, Perth 14 – 15 March 2018 19
Slide 20: Thor Prospect – Three New VMS Style Surface Geochemical Anomalies
Thor Prospect – Three New VMS Style Surface Geochemical Anomalies Thor Prospect Hosting Large VMS Style Target Three New VMS Style Targets Historic Kingsley Prospect hosting VMS Style Massive sulfides Venture Minerals | Battery Minerals Conference, Perth 14 – 15 March 2018 20
Slide 21: Project Locations
Project Locations Caesar Project Ni- Cu North West Tasmanian Projects Mt Lindsay Tin-Tungsten, Riley & Livingstone DSO Hematite South West Project Thor Base Metal Prospect & Odin Lithium Prospect Pingaring Project Ni - Co Venture Minerals | Battery Minerals Conference, Perth 14 – 15 March 2018 21
Slide 22: Caesar Project - Location Map
Caesar Project - Location Map Double Magic Ni-Cu Prospect (Buxton Resources) Savannah Ni-Cu-Co Mine (Panoramic Resources) Caesar Project Ni-Cu-Co Target Nebo Babel Ni-Cu-Co Prospect (Cassini Resources) Nova Ni-Cu-Co Mine (Independence Group) Venture Minerals | Battery Minerals Conference, Perth 14 –
Slide 23: Caesar Project – Geochemistry & Geology
Caesar Project – Geochemistry & Geology • Geochemical anomalies extending over 6 km of strike; • Target favourably located on the basal contact of mafic intrusive; • Chalcopyrite and pentlandite identified adjacent to priority geochemical target. Petrographic specimen of gabbro with chalcopyrite and
Slide 24: Caesar Project – Surface Geology & First Drill Hole Results
Caesar Project – Surface Geology with Nickel geochem contours, EM & First Drill Hole Results • EM anomaly coincident with geochemical anomaly; • Both EM & Geochemical anomaly also coincident with gravity high. Priority Drill Target Defined • CSD01 intersected minor disseminated sulfides throughout t
Slide 25: Caesar Project – First Hole Also Intersects Gold, Silver and Base Metals
Caesar Project – First Hole Drill also intersects Gold, Silver and Base Metals • CSD01 intersected an 18 metre zone of sericite altered meta-sediments with quartz-carbonate-arsenopyrite veining with one metre returning 1.8 g/t gold, 4.6 g/t silver, 806 ppm copper, 655 ppm zinc & 578 ppm lead; • Pote
Slide 26: Project Locations
Project Locations Caesar Project Ni- Cu North West Tasmanian Projects Mt Lindsay Tin-Tungsten, Riley & Livingstone DSO Hematite South West Project Lithium Prospects & Thor Base Metal Prospect Pingaring Project Ni - Cu Venture Minerals | Battery Minerals Conference, Perth 14 – 15 March 2018 26
Slide 27: Location Map for Mt Lindsay, Riley and Livingstone Deposits
Location Map for Mt Lindsay Tin-Tungsten Deposit/ Riley DSO Deposit/Livingstone DSO Deposit Export through Burnie Port 100 km of existing rail Mt Lindsay Tin-Tungsten Deposit Riley Hematite DSO Deposit Rail siding Livingstone Hematite DSO Deposit 12 km existing sealed road Venture Minerals | Battery
Slide 28: Tin – The Forgotten EV Metal?
Tin – The Forgotten EV Metal ? • Tin today at over US$21,000/t or ~A$27,000/t but has missed the dramatic rises of its EV metal peers in lithium, cobalt & graphite; • Two most significant uses of tin for EV impact is for electronics (solders, fuses & contacts) and in alloys within batteries; • Nearl
Slide 29: Mount Lindsay Tin & Tungsten Resources
Mount Lindsay Tin & Tungsten Resources Mineral Resource Statement 2012 Higher Grade Tin Resource (subset) Contained Tin Contained Tin/ Lower Cut (Tin Tin Equiv. Tungsten Tonnes Tin Grade Copper Grade Metal Tungsten Metal equiv) Grade Grade (WO3) (tonnes) (tonnes) 0.70% 4.0Mt 1.1% 0.3% 0.3% 0.1% 13,2
Slide 30: Mt Lindsay – Recently Identified Exploration Targets
Mt Lindsay – Recently Identified Exploration Targets Eight New Exploration Targets Identified Venture Minerals | Battery Minerals Conference, Perth 14 – 15 March 2018 30
Slide 31: Conclusions
Conclusions ▪ Venture is leveraged to multiple commodities over numerous projects; ▪ Dominant position in an emerging new Nickel-Cobalt province in Western Australia; ▪ Currently drilling substantial Lithium target at Odin only ~30km south of Greenbushes Deposit (supplies 40% of the worlds lithium);
Slide 32: Thank You – Any Questions?
Thank You Any Questions? www.ventureminerals.com.au Venture Minerals | Battery Minerals Conference, Perth 14-15 March 2018