Resources Rising Stars Presentation
Released
Released
Announcement PDF
The Turn of the Tide
“Battery Age, riding the crest of the next Lithium cycle”
Resources Rising Stars Gold Coast – May 2023
ASX: BM8
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Important Information and Disclaimer
Summary Information This document contains a summary of information about Battery Age Minerals Limited (“Battery Age”, “BAM” or
“the Company”) and its activities that is current as at the date of this document unless otherwise stated. The information in this document
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Not Financial Product Advice This document does not constitute financial product advice or take into account your investment
objectives, taxation situation, financial situation or needs. This document consists purely of factual information and does not involve or
imply a recommendation of a statement of opinion in respect of whether to buy, sell or hold a financial product. An investment in the
Company is considered to be speculative in nature and is subject to known and unknown risks, some of which are beyond the control of
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Competent Persons/Compliance Statement This document contains information extracted from ASX market announcements reported
in accordance with the 2012 edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”
(2012 JORC Code) and available for viewing at www.batteryageminerals.au. BAM confirms that it is not aware of any new information or data
that materially affects the information included in any original ASX market announcement.
ASX announcements are as follows:
▪ BAM Prospectus – 7 December 2022
JORC Code It is a requirement of the ASX Listing Rules that the reporting of exploration results, ore reserves and mineral resources in
Australia comply with the Joint Ore Reserves Committee’s Australasian Code for Reporting of Mineral Resources and Ore Reserves ("JORC
Code"). Investors outside Australia should note that while reporting in this document complies with the JORC Code, they may not comply
with the relevant guidelines in other countries. Information contained in this document describing mineral deposits may not be comparable
to similar information made public by companies subject to the reporting and disclosure requirements of Canadian or US securities laws.
Acceptance By attending a presentation or briefing, or accepting, accessing or reviewing this document you acknowledge, accept and
agree to the matters set out above.
Authorisation this document has been authorised for release by the Company’s Chairman.
2
Marius Van Straten – Morgan Stanley 08/05/23
“Fastmarkets latest China domestic lithium price assessments solidifies our belief that the
market is rebounding. The carbonate price has now increased by 48% since the low on April
20th.”
Jordan Roberts – Battery Raw Materials Analyst @ Fastmarkets via LinkedIn 12/05/23
11/05/23
“The Turn
of the
Tide”
1/05/23
Victor Fideli – Ontario Minister for Economic Development 1/05/23
3
Why Battery Age Minerals
Highly experienced board and management
High growth potential with all assets in an
rapid growth market
Falcon Lake Lithium Project ideally located in
Tier 1 jurisdiction Ontario, Canada
Falcon Lake is Drill ready – maiden drill
programme to commence in coming weeks,
following up outstanding historical exploration
including 24.4m @ 1.43% from 10m 1
Proximity to high quality supporting
infrastructure including roads and proposed
green power
Portfolio of assets within the battery and
critical minerals sectors
1 Refer to section 5.3.1 of the Prospectus dated 7th December 2022.
4
Corporate Overview
Capital Structure
BM8
ASX Code
(Recommenced trading on
02/02/23)
~77M
Total Shares
(on issue at re-instatement)
ASX Code
Others = 20%
$6.5M
Relisting Raise
$0.33
Share price
(at $0.40 per share)
Cap
~25.4M Market
(Share Price $0.33 15/05/23)
Top 20 = 58%
Top 100 = 80%
(15/05/23)
$4.5M
Cash
(as of 31st March 2023)
# of units held by shareholders
5
Corporate Snapshot
Board of Directors
Robert Martin
Chairman
Dr. David Pevcic
Non-Executive
Director
Mr Martin is an accomplished company Director with over 25
years’ experience across a broad range of sectors including
mining and mining services. Current Chairman of Critical
Resources (ASX: CRR) and Equinox Resources (ASX: EQN),
current non-executive director of Parkd (ASX: PKD) and Volt
Carbon Technologies (TSX-V: VCT).
Dr David Pevcic is a successful investor and businessman, with
a principal focus on the mining and resources sector. Dr
Pevcic is the founding director of several privately owned
mineral exploration companies.
Gerry Fahey
Non-Executive
Director
Dr. Stephen
Windle
Non-Exectuive
Director
Mr Fahey has over 40 years’ experience in both the
international and local minerals industry. He is a specialist in
mining geology, mine development and training. Formerly a
Director of CSA Global Pty Ltd, and member of the Joint Ore
Reserve Committee (JORC).
Dr. Windle is a Brisbane based geologist with over 30 years’
experience in exploration management, geo-metallurgy,
resource modelling, and exploration technology, specialising in
intrusion related copper-gold and base metals systems.
6
Corporate Snapshot
Senior Management
Gerard
O’Donovan
Chief Executive
Officer
Agha Shahzad
Pervez
Chief Financial
Officer
Harry Spindler
Company Secretary
Mr O’Donovan has a strong lithium mine development and
operational background. As Project Manager for Pilbara
Minerals (ASX:PLS), he was responsible for successfully leading
the development and commissioning of the world-class
Pilgangoora Lithium-Tantalum mine and processing facility. He
was also responsible for managing the upgrade,
recommissioning and restart of the Ngungaju (ex-Altura) mine
and processing facility.
Mr Agha Shahzad Pervez is an experienced corporate
accountant, CFO and Company Secretary, with over 10 years’
experience working with ASX listed companies.
Mr Spindler is an experienced corporate professional with a
broad range of corporate governance and capital markets
experience. Over the past 20 years’, Mr Spindler has held
various company secretary positions across a diverse range of
ASX-listed companies.
Nigel Broomham
General Manager
Exploration
Taylor Smith
Lead Exploration
Geologist
(Canada-based)
Coast Mountain
Geological
Geological
Consulting Partner
(Canada-based)
Mr Broomham is a geologist with over 10 years’ experience in
the battery metals sector. Mr Broomham held leadership roles
with Pilbara Minerals in exploration, resource development
and mining production. As Head of Geology at Pilgangoora, he
was extensively involved in the exploration and development
of the world class Pilgangoora Lithium Tantalum project.
Taylor is an exploration geologist with 10 years’ industry
experience. He played a key role in the exploration, resource
development and mining start up phase of the world class
Pilbara Minerals Pilgangoora Lithium Tantalum plant.
Battery Age Minerals has partnered with Coast Mountain
Geological Ltd (CMG), who have been exploring for lithiumbearing pegmatites in Ontario and beyond for over 30 years.
CMG are well established in the region, servicing many
exploration companies both in lithium and other minerals..
7
Falcon Lake
Lithium Project
Ideally located in NW Ontario
•
The Falcon Lake Lithium Project covers a total of 214
mining claims covering 4,280 hectares (42.8km2)
•
Favourable and well supported Tier 1 jurisdiction
•
Drill permit approved and drilling contract awarded
– programme ready to commence in coming weeks
•
Established all weather infrastructure adjacent to
site with both road and trans Canadian rail
connecting to Thunder Bay, major Canadian cities
and Electric Avenue of Windsor/Detroit
•
Proposed electrification of the region with green
power from Little Jackfish Hydro Electric Station less
than 10km away from site (78MW)
•
~3.5 hours from Thunder Bay and gateway to
European and American downstream markets
1 Refer to section 5.3.1 of the Prospectus dated 7 December 2022
2 90% Interest
8
Falcon Lake Lithium Project
Historical success & exploration potential
Historical Lithium Occurrences
High Priority Exploration Corridor
BM8 Claim Areas
Mapped spodumene bearing
pegmatites
Existing Access Tracks
9
Falcon Lake – Outcropping Pegmatites
1 For historical exploration results pertaining to outcrop images above refer to ASX Announcement “Company Prospectus” Section 3.7.2 dated 7th December 2022.
10
Falcon Lake Lithium Project
Systematic Phased Exploration Plan – Drilling & Fieldworks
Phase 2 Regional Fieldworks
Exploration Partners:
Phase 1 Maiden Drill Programme indicative planning
Phase 1 Maiden Drill Programme
Phase 2 Summer Fieldworks
11
Falcon Lake – Mobilisation & Readiness Activities well advanced
12
Falcon Lake Planned Works for 2023
Summer Fieldworks (Falcon Lake
and Regional Tenements)
Establishment of Canadian Operations
• Opening of Canadian Office in Thunder Bay
• Additional fieldworks on Falcon Main & Regional Claims
• Establishment of First Nation relationships
• LIDAR & Ortho Imagery
• Canadian visit by Senior Management
• Magnetic Surveys
• PDAC representation
• Field Prospecting
• Establishment of local relationships in Armstrong & Thunder Bay
End of
Q4
2022
End of
Q1
2023
Successful relisting on the ASX
End of
Today
Q2
2023
End of
Q3
2023
End of
Q4
2023
Maiden Drill Programme
• Drill Permitting Approved
• Maiden Drill Programme
• Corporate rebrand to Battery Age Minerals (ASX: BM8)
• Equipment Mobilised
• Successful capital raising of $6.5M
• Bridge Access completed
• Acquisition of 3 premium assets
• Finalization of Early Exploration
Agreement (Pending)
Pending Results of maiden programme
• Pending results of maiden drilling works and summer field
programme a more expansive/expanded drill campaign will be
considered
13
The North American Market
Battery Age - ideally located to contribute
1 Canadian Critical Minerals Strategy Dec 22
2 Bloomberg March ‘23
14
Looking closer at Canada….
Political Support is overwhelming
Taylor Smith (BM8) with
Jonathon Wilkinson –
Minister for Natural
Resources
Gerard O’Donovan & Nigel
Broomham with Greg
Rickford – Minister for
Northern Development and
Indigenous Affairs @ PDAC
2023
15
Tidili Copper Gold Project
Copper in Morocco
•
35km2 land holding
•
Significantly underexplored jurisdiction
•
Close to supporting infrastructure including:
•
•
Barrage Aoulouz Dam hydroelectric dam; and
•
167km to Marrakech via sealed road
Recent site visit which included field inspection,
verification of historical works and rock chip sample
collection
1 Refer to ASX Announcement “Company Prospectus” Section 5.3.2 dated 7th December 2022
2 85% Interest
16
Bleiberg Zinc-Lead Germanium Project
Exploring a historical
Germanium stronghold
•
Historical mining jurisdiction
•
Large quantity of historical mining records to be
assessed and quantified
•
Prospective for Germanium, a key element
required in the manufacturing of semi conductors,
microchips and other high value applications
•
Located closely to Villach, the 7th largest city in
Austria
•
Site Visit carried out in April and Dr I Cerny –
previous chief geologist of Bleiberg consulted
1 Refer to ASX Announcement “Company Prospectus” Section 5.3.3 dated 7th December 2022
2 15% interest with a right to earn up to 80%
17
Key Takeaways
Growth
Potential
•
•
Underexplored
Assets
Low market cap company in
resurgent lithium market
•
Well-funded for planned
activities
•
• Ideally placed to leverage
growing North American markets
Significant historical results at
Falcon Lake
3-5km of prospective strike for
lithium based mineralisation
•
Falcon Lake permitted & drill
ready
Defined, Targeted
Plan for 2023 & beyond
•
Experienced Management team
•
•
Systematic exploration
programme defined
Strong relationships established
with geological contractors,
drillers & First Nations groups
18
Thank you
Contact Information:
Gerard O’Donovan
Chief Executive Officer
Battery Age Minerals Limited
E: godonovan@batteryage.au
W: batteryageminerals.au
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