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ersonalExciting new heavy rare earths discovery in WA
Presented by George Bauk, Executive Director
PVW RESOURCES DECEMBER 2021
DISCLAIMER
PVW Resources ACN 124 541 466 | confirms that it is not aware of any new information or data that | |
This document is neither a prospectus nor an offer to subscribe | materially affects the information included in the original market | |
announcements and that that all material assumptions and | ||
for Shares. | ||
technical parameters in the relevant announcements continue to | ||
PVW Resources ACN 124 541 466 (the Company) and its directors, | apply and have not materially changed. The Company confirms | |
employees and consultants make no representations or warranty | that the form and context in which the Competent Person's | |
as to the accuracy, reliability or completeness of this document, | findings are presented have not been materially modified from | |
a d have no liability, including liability to any person by reason of | the original market announcements. | |
negligence of, or contained in or derived from, or for any | ||
missions from this document, except liability under statute that | Competent Person's Statement | |
only | ||
cannot be excluded. | The information in this document relating to gold exploration | |
This document contains reference to certain targets and plans of | ||
use | activities is based on information compiled by Mr Karl Weber, a | |
the Company which may or may not be achieved. The | professional geologist with over 25 years' experience in minerals | |
performance of the Company may be influenced by a number of | geology including senior management, consulting, exploration, | |
factors, uncertainties and contingencies, many of which are | resource estimation, and development. Mr Weber completed a | |
outside the control of the Company and its directors, staff and | ||
Bachelor of Science with Honours at Curtin University in 1994; is a | ||
consultants. | ||
member of the Australasian Institute of Mining and Metallurgy | ||
Compliance Statement | (Member No. 306422) and thus holds the relevant qualifications | |
as Competent Person as defined in the JORC Code. Mr Weber is a | ||
ersonal | full-time employee of PVW Resources. Mr Weber has sufficient | |
The information in this report that relates to REE exploration | ||
experience which is relevant to the style of mineralisation and | ||
results is extracted from the ASX announcements dated 13 | ||
type of deposit under consideration and to the activity which he | ||
October titled "Confirmation of high-grade Heavy Rare Earths at | ||
is undertaking to qualify as a Competent Person as defined in the | ||
Ta ami Project (100%) , Western Australia" , dated 18 November | ||
2012 Edition of the 'Australasian Code for Reporting of Exploration | ||
titled "Tanami Rare Earths Project - Exploration Update" and | ||
results, Mineral Resources and Ore Reserves'. Mr Weber consents | ||
dated 7 December titled "Mineralogy confirms Heavy Rare Earths | ||
to the inclusion in this document of the matters based on his | ||
at Tanami are Xenotime" which are available to view on the | ||
information in the form and context in which it appears. | ||
Company's website (pvwresources.com.au). The Company | ||
PVW RESOURCES DECEMBER 2021 | 2 | |
EXPLORING IN TIER 1 JURISDICTIONS
only | 1. Tanami Region | |||
Heavy REE province | ||||
including Northern Minerals | 2. Kalgoorlie Region | |||
Browns Range REE Project | World Class Gold District | |||
Established gold province | ||||
use | with over 70 million ounces Au | |||
including Newmont's 14 Moz | produced including the Super | |||
Au Callie Project | Pit and Kanowna Belle | |||
ersonal | 3. Leonora Region | 4. West Yilgarn Region | ||
Top 10 most prospective Au | Ballinue Project is located in the | |||
region globally and over 12 | Ni-Cu-PGE province that hosts | |||
million Au ounces produced | Chalice's Julimar Project | |||
PVW RESOURCES DECEMBER 2021 | 3 | |||
WHY INVEST IN PVW?
Exploring Tier 1 mining jurisdictions for REE and
Gold in Tanami, Kalgoorlie and Leonora.
Exciting heavy REE project with rock chip assays of | ||
up to 12.45% TREO in xenotime. | ||
only | ||
Team with significant REE experience including | ||
the exploration and development of the Browns | ||
Range REE Project, ready to do it again, differently. | ||
Forecast shortage of supply of REE, due largely to | ||
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the forecast demand from EV growth globally. | ||
Tight capital structure, 73 million shares. | ||
Western Australia focussed, leading jurisdiction for | ||
investment in mining and exploration and | ||
significant new discoveries in the past few years. | ||
PVW RESOURCES DECEMBER 2021 | 4 | |
ersonal |
CORPORATE OVERVIEW
only | Shares |
on issue | |
72,585,413 | |
ASX:PVW | |
use | |
ersonal |
PVW RESOURCES DECEMBER 2021
Share
price
46 cents
Market | Cash at bank |
capitalisation | (30 Sept 2021) |
$33.4m | $3.7m |
Top shareholders
Top 100 own 71.65%
JHY Investments 3.57%
Lind Partners 5.46%
Board 7.41%
Jason Peterson 7.46%
Other 76.1%
0 | 20 | 40 | 60 | 80 |
5
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PVW Resources Ltd. published this content on 12 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 December 2021 22:55:04 UTC.