Company Presentation
Released
Released
Announcement PDF
HIGH-IMPACT GOLD EXPLORATION, PRIME LOCATION
JUNE 2025
IMPORTANT NOTICES
Competent Persons Statement
The exploration targets or conceptual exploration targets in this presentation or expressed
during the course of this presentation are subject to completion of the necessary feasibility
studies, permitting and execution of all necessary infrastructure agreements. In relation to
any statements pertaining to future exploration targets or conceptual exploration targets,
the nature of the exploration target means that the potential quantity and grade is
conceptual in nature. This presentation and information, opinions or conclusions expressed
in the course of this presentation should be read in conjunction with Future Battery
Mineral’s other periodic and continuous disclosure announcements lodged with the ASX,
which will be available on the Future Battery Minerals website.
The information in this report that relates to Exploration Results is based on information
compiled by Mr Robin Cox and represents an accurate representation of the available data.
Mr Cox (Member of the Australian Institute of Mining and Metallurgy) is the Company’s Chief
Geologist and 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 JORC Code 2012. Mr Cox consents to the disclosure of
this information in this report in the form and context in which it appears.
ASX Listing Rule Information
The Company confirms that it is not aware of any new information or data that materially affects the
information included in the original market announcements and, in the case of estimates of Mineral
Resources, that all material assumptions and technical parameters underpinning the estimates in the
original market announcements continue to apply and have not materially changed. The Company
confirms that the form and context in which the competent persons findings have not been materially
modified from the original announcement.
Future Battery Minerals Ltd
ASX announcement references
Soil Sampling Results Identify 1.75km Gold Anomaly at Miriam
25 June 2025
New Gold Targets Identified at Miriam Project
17 June 2026
FBM Expands Gold Tenure at Coolgardie
5 June 2026
Key Gold Prospects Identified at Miriam
27 May 2025
Acquisition of Miriam Including Gold and Base Metal Rights
19 May 2025
Key Gold Targets Identified at Kal North
26 March 2025
FBM Expands Coolgardie & Kal North Gold Potential Identified
22 January 2025
Completion of Nevada Lithium Project Sale for A$4M Cash
20 November 2024
Sale of Nevada Lithium Project
4 November 2024
New Geochemical Results Define Lithium Drill Targets at Miriam
30 October 2024
Exploration Advances at Miriam Lithium Project
2 October 2024
New Pegmatite Targets Identified at Miriam
15 August 2024
FBM Significantly Expands Footprint in the Goldfields
5 August 2024
Drilling Extends Big Red Pegmatite
9 July 2024
Big Red Extends and New Discovery at KHLP
15 May 2024
Key Target Generation Advancing at Miriam Lithium Project
23 April 2024
Outstanding Maiden Mineral Resource at Nevada Li Project
15 April 2024
Acquisition of Miriam Lithium Project
25 March 2024
Phase 4 Kangaroo Hills Drilling Commence
11 March 2024
Large Scale Strike Extension Delivered at NLP
7 March 2024
Northern Kangaroo Hills Drilling Set to Commence
5 March 2024
New Conservation Management Plan for KHLP Approved
28 February2024
Outstanding Metallurgical Results from Kangaroo Hills
5 February 2024
Final Assays from Phase 3 Drilling at Kangaroo Hills
30 January 2024
High Grade Intervals Confirm Significant Extension of NLP
22 January 2024
Further Resistivity Results Deliver New Targets at KHLP
18 December 2023
Nev Power joins as Non-Executive Director
21 November 2023
Shallow High-Grade Lithium Intercepts at Kangaroo Hills
16 November 2023
Kangaroo Hills High-Grade Lithium System Continues to Grow
17 October 2023
Resource Drilling Underway at Nevada Lithium Project
3 October 2023
Aggressive Lithium Exploration Programmes Continuing
21 September 2023
$7.6m Placement to Accelerate Lithium Exploration Drilling
15 September 2023
Further Spodumene Bearing Pegmatites Intercepted at KHLP
12 September 2023
Managing Director and CEP Appointment
11 September 2023
New Stacked Spodumene Bearing Pegmatites Confirmed at KHLP
24 August 2023
Acquisition of 20% Interest in Kangaroo Hills Completed
11 August 2023
FBM Acquires Remaining Interest in Kangaroo Hills
7 August 2023
Large Scale lithium Discovery Confirmed in Nevada
Further High-Grade Lithium Results at Kangaroo Hills
Potential Extensions to Li Claystone Identified in Nevada
Drilling Underway at Kangaroo Hills Lithium Project
More High-Grade Lithium Assays, New Pegmatite Uncovered
Completion of Nepean Nickel Project Sale
7 New Large Scale LCT Pegmatite Lithium Targets Identified
Phase 2 Drilling to commence at Nevada Lithium Project
Metallurgical Testwork to commence at Kangaroo Hills
Further Thick Spodumene Intersections at Kangaroo Hills
Multiple High Grade Assay Results Extend Lithium Discovery
Exploration Update - Kangaroo Hills Lithium Project
High Grade Lithium Claystone Discovered in Nevada
Saints Nickel Project Delivers Positive Scoping Study
Phase 2 Exploration Drilling Underway at Kangaroo Hills
LCT – Pegmatite Discovery Confirmed at Kangaroo Hills
Exploration Update – Nevada Lithium Project
Exploration Update – Kangaroo Hills Lithium Project
Drilling Commences at Nevada Lithium Project (NLP)
Drilling Commences at Kangaroo Hills Lithium Project
LCT Pegmatites Confirmed at Kangaroo Hills
Strategic Claim Staking Increases Footprint At NLP
High Grade Lithium Discovered at Nepean
4 August 2023
18 July 2023
13 July 2023
4 July 2023
22 June 2023
15 June 2023
08 June 2023
23 May 2023
19 May 2023
17 May 2023
03 May 2023
20 April 2023
13 April 2023
11 April 2023
05 April 2023
20 March 2023
07 March 2023
21 February 2023
23 January 2023
18 January 2023
16 January 2023
12 January 2023
24 November 2022
ASX: FBM | 2
ACKNOWLEDGEMENT OF COUNTRY
We acknowledge the Traditional Custodians
of the land on which we operate and pay our respects to their
Elders past and present
Future Battery Minerals Ltd
ASX: FBM | 3
KEY FBM VALUE DRIVERS
THE TEAM: PROVEN VALUE GENERATORS
DELIVERING ON STRATEGY
THE CAPACITY: WELL-FUNDED TO ADVANCE
EXPLORATION AND EXECUTE ON M&A GROWTH
THE BUSINESS:
GOLD EXPLORATION AND DEVELOPMENT
THE PROJECTS:
BELT-SCALE GOLDFIELDS EXPLORATION UPSIDE
THE TEAM PROVEN VALUE GENERATORS
A proven track record of exploration success, project stewardship, development expertise, and operational
excellence, consistently driving and realising substantial shareholder value
NEV POWER
Non-Executive Chairman
Non-Executive Director
Under Nev’s leadership of Fortescue Metals Group (ASX:FMG),
its production quadrupled to over 170 Mtpa, and it was the
lowest-cost supplier of seaborne iron ore to China.
As Managing Director of Musgrave Minerals (ASX: MGX), Rob led
the business from a A$20M IPO through to its successful A$201
million acquisition by Ramelius Resources (ASX:RMS) in 2023.
NICK RATHJEN
ROBIN COX
Managing Director & CEO
Nick played an instrumental role in the commercialisation of
the Arcadia Lithium Project as Head of Corporate Development
at Prospect Resources (ASX: PSC), with the asset being
transacted to Huayou Cobalt in 2022 for US$378M cash.
Strong Board and management ownership: shareholder
alignment with approx. 5% ownership
Future Battery Minerals Ltd
ROB WAUGH
Technical Director
Robin has 15 yrs experience in Australian and international multi
commodity minerals exploration and development. Led FBM's
discoveries and previously part of exploration teams at De Grey
Mining, Mineral Resources and Toro Energy.
Extensive industry networks and project generation
opportunity pipelines
ASX: FBM | 5
THE BUSINESS BALANCE SHEET STRENGTH AND RUNWAY
Clear focus on capital stewardship and value generation
Successful divestment of non-core Nevada Lithium assets in late 20241
FBM
673M
ASX CODE
SHARES ON ISSUE5
Acquisition of gold tenure expanding the Coolgardie Project footprint
in H1 2025
Acquisition of all remaining mineral rights at Miriam2
Stake and acquisition of Burbanks East3
A$12M
MARKET
CAPITALISATION5
Cash balance of A$7.4M and zero debt (at 31 March 2025)4
Sharp commercialisation focus aligned with core business strategy
AT A$0.018 (UNDILUTED)
Ongoing assessment of various regional development opportunities
including M&A
Future Battery Minerals Ltd
2. Refer to FBM ASX announcement 19 May 2025
CASH BALANCE4
AND ZERO DEBT
Capital Structure
Well-funded to undertake planned exploration, evaluation
programs and business development
1. Refer to FBM ASX announcements 18 September 2024 and 4 November 2024
A$7.4M
58,355,429
PERFORMANCE RIGHTS
(VARIOUS CLASSES)
3. Refer to FBM ASX announcement 5 June 2025
25,250,000 OPTIONS
(VARIOUS EXPIRY DATES
AND PRICES)
4. Refer to FBM March Quarterly Report 24 April 2025
5. As at 23June 2025
ASX: FBM | 6
COOLGARDIE GOLD PROJECT
Unrealised potential in a highly desirable location
FBM controls landholdings of more than 75km2 across Coolgardie
Greenstone Belt - all tenure is 100%-owned and free from 3rd party royalties
World-class geological and operating region – six gold mills within 50km
radius, three within ~15km radius. Coolgardie belts hosts over3.3Moz of
Gold5.
Shallow regolith and fresh rock-hosted gold mineralisation identified in
historical drilling at Miriam = potential to rapidly define resources
Growing number of transactions on belt, including recent acquisition of
Burbanks gold plant by Auric (ASX:AWJ)1
Additional opportunities to consolidate and expand landholdings, with
monetisation pathways via multiple potential commercialisation options,
including stand-alone development
FBM has rapidly assembled the second largest
exploration landholding in the Coolgardie district
1 Auric Mining ASX Announcement 13 March 2025 “Auric to purchase Burbanks gold facility”
FBM Coolgardie Gold Project Location Map
5 MacPhersons refer to Beacon Minerals ASX Announcement dated 6th November 2024, Three Mile Hill refer to Focus Minerals ASX Announcement dated
1st December 2023. Refer to Horizon Minerals Reserves & Resources, Bullabulling refer to Minerals 260 ASX Announcement dated 14th January 2025
Future Battery Minerals Ltd
ASX: FBM | 7
COOLGARDIE GOLD PROJECT
Miriam – multiple advanced and high potential targets
Contiguous and along strike from of Horizon Minerals’ Burbanks mine (466koz gold)
Six (6) kilometre striking land package covering highly fertile Coolgardie greenstone belt
Historic Drilling review of Gold potential discovered multiple prospects and advanced targets
including;
Forrest - 12m @ 2.09g/t Au from 60m (MRC97-5)
Forrest South – 16m @ 0.93g/t from 44m (LDC-7)
Jungle - 8m @ 1.21g/t from 25m (DPR039)
Burbanks Monarch – 10m @ 0.9g/t from 30m (FGA050)
Goroke – 12m @ 1.04g/t from 15m (FGA059)
Detailed interpretation of geophysical data identifies 13 structural gold targets up to
1.7km long within 6km of strike hosted in Miriam tenements2 Critically, many of these
structures and faults coincide with historic drilling data showing gold anomalism
Detailed review of surface geochemistry3 identified 15 anomalous gold zones up to
1.75km long and peak gold values of 3.03g/t Au. Many of the anomalies are strongly
coincident with structural targets.
Video of Managing Director talking about Miriam project HERE
1 FBM ASX Announcement 27 May 2025 “Key gold prospects identified at Miriam”
Miriam – Plan view with targets, historical drilling and structural targets
2 FBM ASX Announcement 17 June 2025 “New gold targets identified at Miriam”
3FBM ASX Announcement 25 June 2025 “Soil Sampling Results Identify 1.75KM Gold Anomaly at Miriam”
Future Battery Minerals Ltd
ASX: FBM | 8
COOLGARDIE GOLD PROJECT
Forrest – the logical starting point
Review of historical drilling data from Miriam highlighted consistent and continuous gold
mineralisation at Forrest prospect
600m mineralised strike with numerous shallow intercepts
Open to the NNE and SSW with potential for growth of mineralised footprint
Strong potential for economic gold deposit
Significant regolith and fresh rock-hosted intercepts from Forrest include1:
12m @ 2.09 g/t Au from 60m (MRC97-15)
10m @ 2.51 g/t Au from 30m (FGA002)
10m @ 2.090 g/t Au from 30m and 4m @ 4.86 g/t Au from 73m (MRC97-5)
5m @ 7.35 g/t Au from 70m (MRC97-25)
8m @2.91g/t Au from 58m (MRC97-22)
8m @ 1.63g/t Au from 28m (MRC97-17)
Initial RC drilling programme to begin July 2025,
focusing on Forrest prospect
1 FBM ASX Announcement 27 May 2025 “Key gold prospects identified at Miriam”
Miriam - Forrest Target
2 FBM ASX Announcement 17 June 2025 “New gold targets identified at Miriam”
Future Battery Minerals Ltd
ASX: FBM | 9
COOLGARDIE GOLD PROJECT
Further potential at Burbanks East
Seven newly staked tenements at Burbanks East extend project area
to more than 10km2
Located just 2.5km from Miriam – strategically complementary
Project area covers 5km strike of prospective greenstone
lithologies within a proven fertile gold belt
Along strike from Macphersons Reward mine (132koz gold) and
2km east of Burbanks mine (466koz gold)
Review of historical geological and drilling data due for
completion July 2025. Limited drill testing to date.
Work to define drilling targets to continue in parallel with
progressing new tenement applications towards grant
1 FBM ASX Announcement 27 May 2025 “Key gold prospects identified at Miriam”
Miriam and Burbanks plan view
2 FBM ASX Announcement 17 June 2025 “New gold targets identified at Miriam”
Future Battery Minerals Ltd
ASX: FBM |10
KAL NORTH OPPORTUNITY IN ANOTHER PART OF THE GOLDFIELDS
Recently staked prospective land package at Kal North covering a 27.9km2
area located 45km northeast of Kalgoorlie
Close to multiple historic and operating gold mines including Kanowna
Belle (NST), Gordon Sirdar (FMR)
Preliminary evaluation highlighted robust gold discovery potential defined
by surface anomalism
Follow-up airborne magnetics identified numerous bedrock structures and
faults coincident with anomalism
No historical drilling on identified anomalies – potential for new discoveries
Heritage Protection Agreement (HPA) under negotiation, grant of tenure
expected following completion
Infill surface geochemical sampling and initial aircore drilling planned
following grant of tenure
Kal North plan view
Future Battery Minerals Ltd
ASX: FBM |11
COOLGARDIE LITHIUM PROJECTS PRESERVING OPTIONALITY
Kangaroo Hills Lithium Project
Multiple thick mineralised intercepts returned from Big Red pegmatite discovery
Permits in place for future extensional drilling campaign targeting Big Red,
Potoroo and other targets
Mining Lease applications being advanced through to approval
Miriam Lithium Project
Spodumene outcrop, large soil anomaly and multiple pegmatite
structures analagous to Big Red pegmatite
Permits in place for drilling activities covering key targets
Assets well positioned for lithium market recovery
Kangaroo Hills and Miriam Projects
Future Battery Minerals Ltd
ASX: FBM |12
HIGHLIGHTS: BUILDING A PREMIUM BUSINESS
Unlocking value through low-cost, high-efficiency exploration and development
ADVANCING OUR STRATEGY
REFOCUSED ON STRATEGIC GOLD OPPORTUNITIES
KEY SHORT-TERM FOCUS AREAS
COOLGARDIE GOLD PROJECT
Burbanks East historical data – June 2025
DISCIPLINED AND WELL CAPITALISED
STRONG CASH BALANCE FROM
RATIONALISATION OF ASSET PORTFOLIO
EXPANDING OUR REGIONAL PRESENCE
ONGOING ASSESSMENT AND ACQUISITION OF
PROSPECTIVE REGIONAL TENEMENTS
STRATEGIC BUSINESS DEVELOPMENT
IDENTIFYING OPPORTUNISTIC ACQUISITIONS
AND OTHER VALUE-ACCRETIVE TRANSACTIONS
Future Battery Minerals Ltd
Miriam initial drilling (Forrest target) commences – July
Burbanks East magnetic interpretation – July
Miriam initial drill program results - August
Pathway to rapidly establish gold mineral resources at
Forrest
BUSINESS DEVELOPMENT
Additional regional consolidation opportunities and
strategic partnerships
Broader opportunistic acquisition(s)
ASX: FBM | 13
CONTACT
Nick Rathjen
Robin Cox
CEO and Managing Director
Technical Director
E: nrathjen@futurebatteryminerals.com.au
E: rcox@futurebatteryminerals.com.au
M: +61 405 730 041
M: +61 432 516 276
Suite 10, 38 Colin Street, West Perth WA 6005
T: +61 8 6383 7817 F: +61 8 6245 9853
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