Energy metals in BC: projects, potential and playing the market

BY: Luke Longridge & Matt Bodnar

What is an “Energy Metal”

The hype vs the real market

• Long-term (Copper, Uranium)

• Recent (Lithium, Graphite)

• Emerging (Cobalt, Nickel, Vanadium, REE, Zinc)

• New (Tin, PGE)

• Many of the recent/emerging energy metals have other uses, and their use as “energy metals” is only a small component of overall use

A range of metals used in the generation, storage and transmission of energy

The Hype...

The Reality…

• Some metals have a long history of use as “energy metals” (Cu, U)

• Used primarily for transmission and generation of power – large market

• Others are seeing sustained market growth due to emerging EV/energy storage

market (lithium, graphite, cobalt)

The Reality…

• But some of the recently hyped metals are only emerging as energy metals

(nickel, vanadium)

The Reality…

The Reality…

• And some have been forgotten as “energy metals”

The Other Side of the Hype Curve…

The Other Side of the Hype Curve…

Current Projects in BC

• Occurs as vanadiferous-titaniferous magnetite (VTM) deposits or within black shales

• Global Battery Metals (RedzoneResources) Wells Vanadium Project near Barkerville. 11 samples with 1,000 – 1852 ppm V (up to 0.33% V2O5) in phosphatic black shales

• Delrey Metals Corp – Porcher and Star Vanadium Properties. Mafic-ultramafic bodies with VTM mineralization, historical samples grading 0.34-0.84% V2O5.

Vanadium

• Ethos Gold Corp. – Pine Pass, Ursula and Tunnel Projects.

• North Bay Resources Pine River Project. >40 historical samples between 0.219% and 0.47% V

• Argentum Silver Corp. – Vanadium Ridge magnetite deposit, met tests gave a concentrate with 67% Fe and 1.32% V2O5)

Vanadium

• Occurs as brines or pegmatites,

neither are well known in BC

• First Energy Metals Limited –

Kootenay Lithium Property within the

Mount Begbie Li-rich pegmatite field

(Revelstoke)

• LCT pegmatites, with no drilling and

grab samples between 0.77% Li2O and

3.70% Li2O + elevated Rb & Cs

Lithium

• New World Cobalt – Hazelton Co-Cu-

Au project including Victoria Mine

(1918 -1941), where grades averaged

123.4 g/t gold and 2.8% cobalt.

• Blackstone Minerals – Little Gem

Cobalt Project. Co-Au association, +

Ag, Cu.

Cobalt

• Gigametals Turnagain: M&I = 865 mt

@ 0.21% Ni & 0.013% Co, (4 billion lb

of Ni & 250 million lb of Co)

• FPX Nickel Decar: Indicated – 1.159 bt

@ 0.124% recoverable Ni (awaruite)

• Garibaldi Resources Ni Mountain/E&L

- 40.4 m @ 3.9% Ni and 2.4% Cu.

Nickel

Jumbo project – 0.24% - 16% graphitic

carbon in grab samples

BC Sugar –mineralisation up to 2.62%

graphitic carbon

Black Crystal – mineral resources

Eagle Graphite – operating graphite flake

facility

Graphite

Additional Areas in BC

Co – VMS & IOCG association

V – Black shales in the Selwyn Basin

Sn (+W, Li, REE) – Fractionated granites

(e.g. Atlin)

Potentially Underexplored Commodities

Our Global Offices

Vancouver, Canada

Toronto, Canada

Horsham, UKMoscow, Russia

Dubai, UAE

Singapore

Jakarta, Indonesia

Perth, Western Australia

Darwin,Northern Territory

Brisbane,Queensland

Johannesburg,South Africa

Energy Metals Projects

Thank You!

For more information:

Luke.Longridge@csaglobal.com

www.csaglobal.com