Red Mountain Mining : Company Presentation July 2022

ersonal use only

PHASE 2 DRILLING SET TO COMMENCE

MT MANSBRIDGE RARE EARTH AND

Ni-Cu-Co-PGE PROJECT

July 2022

ASX: RMX

Exploring for critical and new world metals

D I S C L A I M E R

Information in this presentation is for general purposes only, and is not an offer, recommendation, or invitation for investment in, or purchase of, Company securities; includes statements relating to past performance, which should not be regarded as a reliable indicator of future performance; and may contain information from third parties believed to be reliable; however no representations or warranties are made as to the accuracy or completeness of such information. All currency amounts are in AUD unless otherwise stated.

Future performance and forward-looking statements
Except as required by law, and then only to the extent required by law, neither the Company nor any other person warrants the future performance of the Company, the Shares or any return on any
investment made by an investor under this presentation.
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This presentation may contain forward-looking statements. Any such statements are based on an assessment of present economic and operating conditions, and on a number of assumptions regarding
future events and actions that, at the date of this presentation, are expected to take place.
Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions, many of which are outside the control of the
Company and the Board. These known and unknown risks, uncertainties and assumptions, could cause actual results, performance or achievements to differ materially from future results, performance or
achievements expressed or implied by forward-looking statements. These risks, uncertainties and assumptions include but are not limited to the risks in Section 8 of the draft Prospectus. Forward-looking
statements include those containing such words as "anticipate", "estimate", "forecast", "expect", "opportunity", "plan", "intend", "aim", "seek", "believe", "should", "will", "may" or similar expressions.
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The Company and its Directors cannot, and do not, give any assurance that the results, performance or achievements expressed or implied by any forward-looking statements contained in this presentation
will actually occur and investors are cautioned not to place undue reliance on these forward-looking statements. The Company has no intention to update or revise any forward-looking statements, or to
pub ish prospective financial information in the future, regardless of whether new information, future events or any other factors affect the information contained in the draft Prospectus except where
required by law. It is important that investors seek professional advice where necessary. An investment in Shares is speculative.
Competent Persons Statement
The information in this announcement that relates to Exploration Results and other technical information complies with the 2012 Edition of the Australasian Code for Reporting of Exploration Results,
Mineral Resources and Ore Reserves (JORC Code) and has been compiled and assessed under the supervision of Mr Oliver Judd. Mr Judd is a Member of the Australasian Institute of Mining and Metallurgy
and the Australasian Institute of Geoscientists. He has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to
qualify as a Competent Person as defined in the 2012 Edition of the JORC Code. Mr Judd consents to the inclusion in this announcement of the matters based on his information in the form and context in
which it appears.
The Company is not aware of any new information or data that materially affects the information included in the relevant market announcements.		2
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C O M PA N Y S N A P S H O T

Mt Mansbridge Heavy Rare Earth & Ni-Cu-Co-PGE Project (WA - 100%)

 Prospective for HREEs and Nickel-Cobalt-PGEs

 Known HREE mineralization in setting analogous to Northern Minerals discoveries

 Recent drilling has identified Heavy Rare Earth (xenotime), Ni-Cu-Co sulphides and
onlyanomalous nickel-cobalt
Nannup Lithium & Ni-Cu-PGE Project (WA - 100%)
use	Located in southwest terrane with potential to support a Juliar-style system

 Presence of Yilgarn Craton Granites, same unit located adjacent to pegmatites
	at Greenbushes Lithium province
Koonenberry Gold Project (NSW - 100%)
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 Exploration Licence Application covering over 650km2 in emerging gold region
 Adjoining Manhattan Gold (ASX: MHC) high grade gold discovery

Mt Maitland Gold & Base Metals Project (WA - 100%)  Phase 2 drilling completed last year

 Internal assessment undertaken to determine next steps in exploration

Capital Structure

Shares on Issue:

Share Price (18/07/2022):

Market Capitalisation:

Cash Position (18/07/2022):

Investments:

Enterprise Value:

1.642bn 0.006 cent $9.86m $1.54m

3.5m shares (LSE: BMV)

~$8.32m

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M T M A N S B R I D G E H R E E & N i - C u - C o - P G E P R O J E C T ( WA )

Up coming activities at the Mt Mansbridge Project:

	Drilling at Solo to target Heavy Rare Earth Element (HREE)
 Drilling at Deja Vu to target cobalt & base metals
only	Drilling at Cow Creek targeting base metals & platinum group

	elements
 Field sampling at Boba Fett testing for base metals
 Field sampling for additional HREE/radiometric anomalies
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 RMX are fully funded for executing the above Mt Mansbridge
ersonal	programme

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M T M A N S B R I D G E H R E E & N i - C u - C o - P G E P R O J E C T ( WA )

only	The Mt Mansbridge Project is located in the Kimberly Region

	~130 kilometres southeast of the township of Halls Creek,
	Western Australia
 3 Granted, 100% owned tenements with site access and
	heritage clearance with Traditional Owners
 Prospective for:
use	1.	Heavy Rare Earth Elements (HREE's) - Xenotime which is
		dominant in Dysprosium and Terbium
	2.	Nickel-Copper-Cobalt-PGE's- historic assays returning
ersonal		results up to 0.34% Co and 0.129% Ni in drilling
3.	Base Metals (Pb-Zn-Cu-Ag ) - soil geochemistry has

identified a coincident 1km Pb-Zn-Cu-Ag anomaly associated with this brecciated zone

4. Cow Creek Intrusive Complex - 7km long untested geophysical anomaly, concealed below relatively thin (~50m) conductive cover sequences

 Drill contract signed with drilling and exploration activities to commence during mid July 2022

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