Presentation for UK Mining Conference
News & Media Presentation for UK Mining Conference Summary High-grade battery metals project in Aberdeenshire, ScotlandGood jurisdiction, excellent infrastructureDiscovered in early 1970s by Rio / Goldfields JV – no work for the last 50 years2023 Mineral Resource Estimate: 4.3Mt @ 0.72 % Ni Eq. (inc. 2.9Mt @ 0.9 %Ni Eq.)Resource comes to surface – shallow and open along strike and to depthMultiple untested coincident magnetic and geochemical soil anomalies nearby 2024 work programme (subject to funding): 6,000m of drilling – objective to at least double the current Mineral Resource EstimateMetallurgical testworkBegin planning processPrepare for IPO Overview • 100% ownership of the Rodburn Nickel Project, NE Scotland • Rio / Goldfields JV (“EVL”) defined a non-compliant resource in 1973 • Peak Nickel drilling in 2023 confirms larger & higher-grade MRE, open in all directions • 2023 drilling: best Ni-Cu-Co-PGE intercepts ever drilled in the UK • Cobalt grades to 0.24% (not previously analysed for by EVL) • Multiple untested drill targets within 2 Km of the resource • Emerging as one of the highest-grade battery metal resources in Europe Project Location • Power, road, rail, Aberdeen port & Inverness freeport nearby • Exclusive ~250km2 Crown Estate Mines Royal Option in NE Scotland • Exclusive landowner agreements over strike & dip extents of the Rodburn Mineral Resource plus other untested targets Support for Domestic Minerals Development Examples in Scotland: • Cononish gold mine – granted planning permission to operate inside a National Park • Within 10km of Rodburn, recently approved development / expansion of major roadstone quarries • Local Council Development Plan confirms Rodburn resource & strike extents are protected sites: • Safeguarded Mineral Resource – Rodburn Mineral Resource – local planning policy does not generally allow any other form of development (other than mining) • Area of Search for Minerals – Resource and strike extents – mineral potential of the areas should not be sterilized by inappropriate development Recent Developments in Scottish Nickel Exploration Aberdeen Minerals Ltd. is actively exploring the Arthrath nickel project, located 30 miles to the east. In 2024 Aberdeen concluded an investment agreement with London-listed Central Asia Mining Ltd., whereby CAML would invest an initial £3 million for 28.7% of AML. CAML investment is a strong endorsement of the potential for nickel projects in Aberdeenshire 2023 Drilling Results First drilling on the project for over 50 years = new resource >2,600m completed in 2023. Intersected numerous wellmineralised sulphidised intrusions. Resource Confirmation Drilling (Section A-B) *Co underreported as only PNL holes were assayed for Co, historical intersections used in resource have no Co assays Mt Ni (%) Cu (%) Co* (ppm) NiEq. (%) Global 4.3 0.54 0.28 364 0.72 Incl. 2.9 0.67 0.35 457 0.90 RBD002Massive, semi-massive & disseminated sulphide:17.0m @ 1.16% Ni, 0.51% Cu, 0.08% Co, (1.45% Ni equiv.) RBD004: 75m down-dip of RBD002.High-grade MS & SMS: 12.2m @ 1.41% Ni eq. incl. 5.97m @ 1.92% Ni, 1.5% Cu, 0.12% Co (2.63% Ni equiv.) plus4.4g/t Ag, 0.2g/t Au, 80ppb Pd. New Results – 2023 Drilling RBD009:13.79m @ 1.39% Ni, 0.53% Cu, 0.08% Co from51.6m depth (1.7% Ni equiv) incl. 5.4m @ 2.04% Ni, 0.56% Cu, 0.10% Co from60m (2.4% Ni equiv.) 60m step out into main high-grade shoot zone;open down-dip and along strike NE New Results – 2023 Drilling RBD009:13.79m @ 1.39% Ni, 0.53% Cu, 0.08% Co from51.6m depth (1.7% Ni equiv) incl. 5.4m @ 2.04% Ni, 0.56% Cu, 0.10% Co from60m (2.4% Ni equiv.) 60m step out into main high-grade shoot zone;open down-dip and along strike NE Potential to Rapidly Increase the MRE Two mineralised zones drilled by PNL(Sections A-B and C-D); geologically similar & 600m apart Wide Open – no drilling yet conducted to confirm a link between them, or the strike & down-dip potential of either Mineralised structures over 3km long, numerous other large targets within2km of resource Section A –B: Southern Zone Continuous from surface “Conduit / Feeder zone”- style mineralisation; similar to modern world-class nickel discoveries Last hole extends resource 100m down-dip of the best intercept –still wide open along strike and to depth Significant increase in resource potential confirmed from limited drilling Section C –D: Northern Zone Continuous from surface Thick “Conduit / Feeder zone”-style with higher grade zones of massive sulphide Only drilled <70m vertical depth V. shallow dip: not yet tested up-dip or down-dip or both strike directions Bulk tonnage target to significantly increase resource at Rodburn South Zone Resource (Open) South Zone Resource (Block Model & planned drilling) https://peaknickel.co.uk/wp-content/uploads/2024/07/New-12Jun23.mp4 NB: bottom-loaded Ni distribution & high-grade zone wide open down plunge 2024 Resource Expansion Drill Plan Drill ready: •Southern zone open in both strikedirections •Main high-grade shoot; dipextension NNE •Northern zone strike and dipextensions Team & Corporate Structure Chris MacKenzie, Managing Director Chartered Geologist (CGeol) with BSc (Hons) degree in Geology from Portsmouth,UK and MSc in Exploration Geology from Rhodes University, South Africa. 35 years+ of extensive global experience, including underground and open-pit Ni-Cu-Co-PGE mining & exploration, resource discovery, private company formation,growth and value creation through listing. Richard Williams, Director Highly experienced mining company executive with a BSc (Hons) degree inGeology from Portsmouth, UK and a Masters degree in Mineral Exploration fromQueen’s University, Canada. Mr Williams has 35 years+ experience in minerals development, from exploration to mining, including most notably in his recent role as CEO of British tin developer, Cornish Metals Inc. Tony Williams, Senior Advisor Mr. Williams has over 40 years’ experience as a mining geologist and investment banker. Chairman of Dragon Group. Previously co‐founded & led the natural resource group at Yorkton Securities. Has raised over US$10 billion in equity and debt financing for mineral development projects worldwide. 0% Founders, management, insiders 0% Ormonde Mining Summary Highest-grade battery metals project in UK, one of the highest grade in Europe 2030 UK nickel demand requires a ~12-fold increase in imports Management with extensive experience in nickel and advancing UK projects 2023 drilling confirmed high-grade near-surface Ni-Cu-Co resource Still open to depth and along strike – plenty of room to grow Numerous other soil/geophysical targets to test …