Venture Minerals : Annual General Meeting 2021 - Presentation

ersonal use only

2021 ANNUAL GENERAL MEETING PRESENTATION

30 NOVEMBER 2021

ASX : VMS

Disclaimer and Competent Persons Statement

FORWARD LOOKING STATEMENT
	This presentation may contain certain forward-looking statements and projections regarding: estimated, resources and reserves; planned production and operating costs profiles;
only	planned capital requirements; and planned strategies and corporate objectives.
Such forward-looking statements/projections are estimates for discussion purposes only and should not be relied upon. They are not guarantees of future performance and

	involve known and unknown risks, uncertainties and other factors many of which are beyond the control of Venture Minerals Limited. The forward-looking statements/projections
	are inherently uncertain and may therefore differ materially from results ultimately achieved;
	Venture Minerals Limited does not make any representations and provides no warranties concerning the accuracy of the projections, and disclaims any obligation to update or
	revise any forward-looking statements/projects based on new information, future events or otherwise except to the extent required by applicable laws;
COMPETENT PERSONS STATEMENT
use	The information in this report that relates to Exploration Results, Exploration Targets and Minerals Resources is based on information compiled by Mr Andrew Radonjic, a fulltime

	employee of the company and who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Andrew Radonjic has sufficient experience which is relevant to the style
	of mineralisation and type of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the
	'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Andrew Radonjic consents to the inclusion in the report of the matters based on
	his information in the form and context in which it appears.
	The information in this report that relates to Mineral Resources for the Mount Lindsay and Livingstone Projects is based on information compiled by Mr Andrew Radonjic, a fulltime
	employee of the company and who is a Member of The Australasian Institute of Mining and Metallurgy. Mr Andrew Radonjic has sufficient experience which is relevant to the style
ersonal	of mineralisation and type of deposits under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2004 and 2012 Edition of
the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Mr Andrew Radonjic consents to the inclusion in the report of the matters
based on his information in the form and context in which it appears. This information was prepared and first disclosed under the JORC Code 2004. It has not been updated since
	to comply with the JORC Code 2012 on the basis that the information has not materially changed since it was last reported.
	The information in this report that relates to Ore Reserves is based on information compiled by Mr Peter George, who is a Member of the Australasian Institute of Mining and
	Metallurgy. Mr George is an independent consultant. Mr George has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration
	and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral
	Resources and Ore Reserves'. Mr George consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.
NO NEW INFORMATION OR DATA
	All material assumptions and technical parameters underpinning the Minerals Resource and Reserve estimate referred to in previous ASX announcements continue to apply and
	have not materially changed since last reported. The company is not aware of any new information or data that materially affects the information included in the announcement.
2021 ANNUAL GENERAL MEETING PRESENTATION | 30 NOVEMBER 2021	Page 2

Highlights

• Mount Lindsay Tin-Tungsten Underground Feasibility Study has commenced, leveraging off previous open-pit study which included >100,000m of diamond core drilling;

• Recommenced Tin Exploration at Mount Lindsay leading to the
onlydiscovery of two new mineralised Skarns, Venture is the only ASX
use	company actively exploring for the next new Tin discovery;
• Chalice has defined new EM anomalies on 'Julimar lookalike' target (as
	defined by Chalice) at the South West Nickel-Copper-PGE Project;
• Downhole EM delineates large conductor under High Grade Zinc-
ersonal	Copper-Gold drill intersections at Golden Grove North;
• Ni-Cu-PGE portfolio significantly expanded through the recent
	acquisition of highly prospective tenure at the Kulin Project, effectively
	doubling Venture's Ni-Cu-PGE portfolio.
2021 ANNUAL GENERAL MEETING PRESENTATION | 30 NOVEMBER 2021				Page 3

Corporate Snapshot

		Market Snapshot ASX:VMS
only		Shares on issue	1,385m		Share Price (A$)
				0.20
	Share price	4.7c
	Unlisted options1	45.9m		0.15
Market capitalization	66.5m		0.10
use	Cash balance (30 Sep 2021)	9.0m		Nov-20
				0.05
		Debt (30 Sep 2021)	0.0m
		Enterprise value	57.5m	0.00

1. 7m @ A$0.001, 13.5m @ A$0.052, 19.9m @ A$0.06, 1m @ A$0.45, 2m @ A$0.50, 2.5m @ A$0.55

ersonal			230%
		210%
Major Shareholders	%
190%
	Top 20	24.2	170%
	Elphinstone Holdings Pty Ltd	3.8		150%
		130%
	WGS Pty Ltd	2.2
	110%
			90%
			70%
			50%

Nov-20

2021 ANNUAL GENERAL MEETING PRESENTATION | 30 NOVEMBER 2021

Share Price and Volume

Volume (Millions)

			200
			180
			160
			140
			120
			100
			80
			60
			40
			20
			0
Feb-21	May-21	Aug-21	Nov-21
	Volume	Price

Tin Price (US$/t)

Feb-21

May-21

Aug-21

Nov-21

Page 4

Project Locations

only
use	Golden Grove
	North Project
	Zn-Cu-Au
		North West Tasmanian
ersonal		Projects
	Mount Lindsay Tin-Tungsten
	& Riley Iron Ore Mine
	South West Project
	Chalice JV
	Thor & Odin Ni-Cu-PGE
	Kulin Project
	Au & Ni-Cu-PGE
2021 ANNUAL GENERAL MEETING PRESENTATION | 30 NOVEMBER 2021	Page 5