For personal use only Springdale Project Grapchina International Graphene Innovation Conference 19 - 21 September cometres.com.au
Important Information For personal use only All currency amounts are in AUD$ unless stated otherwise. Disclaimer This presentation has been prepared by Comet Resources Limited (“ Company ”). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. You should not treat the contents of this presentation, or any information provided in connection with it, as financial advice, financial product advice or advice relating to legal, taxation or investment matters. No representation or warranty (whether express or implied) is made by the Company or any of its officers, advisers, agents or employees as to the accuracy, completeness or reasonableness of the information, statements, opinions or matters (express or implied) arising out of, contained in or derived from this presentation or provided in connection with it, or any omission from this presentation, nor as to the attainability of any estimates, forecasts or projections set out in this presentation. This presentation is provided expressly on the basis that you will carry out your own independent inquiries into the matters contained in the presentation and make your own independent decisions about the affairs, financial position or prospects of the Company. The Company reserves the right to update, amend or supplement the information at any time in its absolute discretion (without incurring any obligation to do so). Neither the Company, nor its related bodies corporate, officers, their advisers, agents and employees accept any responsibility or liability to you or to any other person or entity arising out of this presentation including pursuant to the general law (whether for negligence, under statute or otherwise), or under the Australian Securities and Investments Commission Act 2001, Corporations Act 2001, Competition and Consumer Act 2010 or any corresponding provision of any Australian state or territory legislation (or the law of any similar legislation in any other jurisdiction), or similar provision under any applicable law. Any such responsibility or liability is, to the maximum extent permitted by law, expressly disclaimed and excluded. Nothing in this material should be construed as either an offer to sell or a solicitation of an offer to buy or sell securities. It does not include all available information and should not be used in isolation as a basis to invest in the Company. Future matters This presentation contains reference to certain intentions, expectations, future plans, strategy and prospects of the Company. Those intentions, expectations, future plans, strategy and prospects may or may not be achieved. They are based on certain assumptions, which may not be met or on which views may differ and may be affected by known and unknown risks. The performance and operations of the Company may be influenced by a number of factors, many of which are outside the control of the Company. No representation or warranty, express or implied, is made by the Company, or any of its directors, officers, employees, advisers or agents that any intentions, expectations or plans will be achieved either totally or partially or that any particular rate of return will be achieved. Given the risks and uncertainties that may cause the Company’s actual future results, performance or achievements to be materially different from those expected, planned or intended, recipients should not place undue reliance on these intentions, expectations, future plans, strategy and prospects. The Company does not warrant or represent that the actual results, performance or achievements will be as expected, planned or intended. Competent Person’s Statement The information in the report to which this statement is attached relates to Exploration Results, Mineral Resources or Ore Reserves compiled by Mr A Cooper, who is a Consultant and director to Comet is also a Member of The Australian Institute of Mining and Metallurgy, with over 30 years’ experience in the mining industry. Mr Cooper has sufficient experience, which is relevant to the style of mineralisation and type of deposit under consideration and to the activity, which he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the “Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves”. Mr Cooper consents to the inclusion in the report of the matters based on his information in the form and context in which it appears. Exploration Targets The terms “Target” or “Exploration Target” where used in this presentation should not be misunderstood or misconstrued as an estimate of a Mineral Resource as defined in the JORC Code and therefore the terms have not been used in this context. Exploration Targets are conceptual in nature, there has been insufficient exploration to define a Mineral Resource and it is uncertain further exploration will result in the determination of a Mineral Resource. US disclosure This document does not constitute any part of any offer to sell, or the solicitation of an offer to buy, any securities in the United States or to, or for the account or benefit of any “US person” as defined in Regulation S under the US Securities Act of 1993 (“ Securities Act ”). The Company’s shares have not been, and will not be, registered under the Securities Act or the securities laws of any state or other jurisdiction of the United States, and may not be offered or sold in the United States or to any US person without being so registered or pursuant to an exemption from registration including an exemption for qualified institutional buyers.
Comet Resources Ltd. For personal use only ASX: CRL Market Capitalisation AUS$6,800,000 Cash AUS$500,000 Fully Paid Ordinary Shares 206,000,000 Converting Securities 59,650,000 Last Price AUS$0.033 52 Week Price Range $0.032 - $0.145 Top 20 Shareholders 48% Board & Management 22%
Surrounding Projects and Infrastructure For personal use only Springdale High Grade Graphite Deposit Surrounding Projects & Infrastructure 4
Esperance Port For personal use only
Project Advantages For personal use only Australian project - low sovereign risk and a stable operating environment. Freehold land title – no Native Title issues. Leverage –low market capitalisation with large upside. Infrastructure - access to water, power, Drill rig on site at Springdale Project roads, work force and port facilities. High grade graphite. Metallurgical testwork has shown that solid rock can be converted to graphene. Local work force – with mining experience. Supportive government - local and state. Collection of drill core samples at Springdale Project 6
Why the Springdale Project For personal use only Springdale graphite flakes are connected, allowing the core to conduct electricity. This makes the Springdale ore very unique and valuable. Electrical Exfoliation is a low cost scalable method of producing graphene nano platelets.
Other Global Graphite Deposits For personal use only Stylised graphite ore from other deposits in the world. The graphite flakes are separated by non conductive gangue minerals.
For personal use only Electrical Exfoliation Process
Exfoliation Graphite to Graphene For personal use only Bench Scale Graphene Plant
Springdale Graphene For personal use only 150 130 110 90 CCD cts 70 50 30 10 0 500 1000 1500 2000 2500 3000 3500 4000 -10 rel. 1/cm 15 Hight nm or layer 10 5 0 0 1 2 3 4 5 6 7 8 9 -5 Length nm Raman plot and cross section plot for selected graphene nano platelet
Graphite Horizon Aeromagnetic Targets For personal use only Northern Zone N 2018 Target Drilling 1000m 4km
Northern Zone Target Drilling For personal use only High Grade Mineralised Zone 7m/16.3% [15m] incl. 3m/35.1% 6m/6.1% [4m] 15m/7.3% [24m] 14m/7.0% [23m] incl. 2m/23.1% incl. 2m/17.3% 2m/16.1% 2m/15.5% 19m/14.2% [20m] 21m/4.6% [11m] incl. 6m/27.3% incl. 1m/28.3% 1m/33.0% OPEN 22m/7.6% [29m] 20m/19.3% [30m] incl. 6m/15.2% incl. 13m/25.8% 2m/19.3% OPEN 21m/14.6% [37m] incl. 12m/21.8% 9m/5.9% [3m] N 250m LEGEND Metres @ TGC% from [depth in metres]
Northern Zone Section Line 7 For personal use only Surface 19m/14.20% TGC incl. 6m/27.30% 1m/33.00% 20m/19.3% TGC incl. 7m/16.30% TGC 13m/25.8% incl. 3m/35.10% 21m/14.57% TGC 20m incl. 12m/21.75% High Grade OPEN Minerlised Zone 14m/7.00% TGC 40m 42m incl. 2m/17.30% 50m 50m 2m/15.50% 50m 15m/7.30% TGC OPEN incl. 2m/23.10% 60m 2m/16.10% 20 metres 60m
Eastern Zone For personal use only N 1000m Eastern Zone 2017 Target Drilling 4km
Eastern Zone Target Drilling For personal use only N 5m/11.3% [34m] incl. 4m/13.7% 250m 16m/10.8% [42m] incl. 7m/17.5% 9m/17.62% [25m] 12m/12.2% [26m] incl. 4m/35.5% incl. 5m/23.1% 42m/7.61% [70m] incl. 10m/14.32% + 4m/12.35% 4m/5.51% [7m] 14m/4.43% [118m] 4m/2.62% [21m] 10m/20.35% 5.6m/7.0% [15.5m] [33m] 2.6m/5.3% [33.3m] incl. 5m/31.38% 4.6m/15.8% [39.8m] incl. 3.1m/21.0% 11m/25.6% 6m/9.5% [38m] [49.4m] incl. 2m/16.2% incl. 9m/30.2% 6m/18.3% [47m] 18m/5.4% [1m] incl. 5m/21.7% incl. 1m/15.5% 2m/3.2% [70m] 5m/13.6% [69m] incl. 3m/20.0% 3m/19.8% [82m] 2m/6.1% [89m] LEGEND Metres @ TGC% from [depth in metres]
Graphite Horizon Aeromagnetic Targets For personal use only Western Zone 2016 Target Drilling N 1000m 4km
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