Godolphin Resources : Investor Presentation 7 March 2022

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Investor Presentation

7th March 2022

A strategic focus on critical minerals and green metals through ongoing

exploration and development in central west NSW

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Investment highlights

GRL is focused on the development of projects containing critical minerals and green metals across its established tenement suite in central west NSW

Farm-in agreement secured for the Narraburra Rare Earth Element (REE) project, located in central west NSW (340km west of Sydney)

Pursuing a multi-discoverystrategy with a pipeline of near-term copper, gold and rare earth element projects with low capital entry costs

Active exploration program underway at Narraburra to progress resource upgrade in line with JORC 2012 standards

Multiple near-term discovery catalysts with key assets to be drill tested over next 3 months

Numerous gold projects across tenement package provide optionality

Underpinned by an experienced technical team with intimate area knowledge and a track record of project development

Well funded with $3.26m at bank to progress a strategic and targeted exploration program

Stock Image of REE powders

Disseminated and stringer pyrite mineralisation in brecciated siltstone from Surprise Hill North, Gundagai South Project

Corporate snapshot

	Snapshot
	Shares on issue	84.1m
	Market capitalisation	$12.2m
only	(at $0.14.5 per share)
Options on issue	50.7m
52 week high low-high	$0.11.5 - $0.21
	Debt	Nil
	Cash at bank	$3.26m
	(as at 31 Dec 2021)
use	Major shareholders	% held
Ian Buchhorn & Associates	8.0%
Brian O Shannassy & Associates	5.9%
	Citicorp Nominees Pty Limited	2.4%
	Mr Olivier Dupuy & Ms Julie Dupuy	2.2%
nal	Top 20	38.6%

Board of Directors

Non-Executive Chairman	Mr Jeremy Read
Managing Director	Ms Jeneta Owens
Non-Executive Director	Mr Ian Buchhorn
Non-Executive Director	Mr Doug Menzies

Price and volume (March 2021 to March 2022)

$0.215
$0.205
$0.195
$0.185
$0.175
$0.165
$0.155
$0.145
$0.135
$0.125
$0.115
$0.105
600.0
500.0
400.0
300.0
200.0
100.0
0.0
03 Mar 21	07 Apr 21	12 May 21	16 Jun 21	21 Jul 21	25 Aug 21	29 Sep 21	03 Nov 21	08 Dec 21	12 Jan 22	16 Feb 22

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A strategic focus on critical minerals and green metals

The supply of critical green energy minerals is essential for clean energy technologies such as wind turbines and electric vehicles and needs to rapidly increase over the coming decades in order to meet the world's climate goals.

• The transition to a net-zero economy will be mineral intensive,
	requiring a specific variety of metals which are found in Godolphin's
	tenements - copper, zinc and rare earth elements
• Australia is the world's sixth largest producer of copper but there is
	not enough production to supply the growing global demand of
	~30 Mt per annum by 2030
• Zinc consumption is forecasted to grow by 12% by 2030, with
	current production rates inadequate to supply future demand
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•	Rare earth elements (REE) comprise 15 elements of the lanthanide
	series. Through rapid advancements in technologies, REE have
	grown in strategic importance in several key industries including:

use	•	Automotive - batteries for electric vehicles
•	Clean energy and pollution control
•	Medical, industrial and strategic applications - unique
	catalytic, metallurgical, nuclear, electrical, magnetic and
		luminescent properties
Source: https://blogs.imf.org/2021/12/08/metals-demand-from-energy-transition-may-top-current-global-supply/
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Full demand (1.0) versus current supply)

Graph: International Energy Agency, US Geological Survey, and IMF staff calculations

Significant foothold in central west NSW

Lachlan Fold Belt (LFB) in NSW is a world class mining precinct:

• One of the largest exploration landholdings in the LFB with over 3,500km2 of highly prospective tenure

• Historic mining precinct - multiple new discoveries

highlight LFB is elephant country

• Earn-in agreement for Narraburra provides significant

	optionality and opportunity
Key projects:
only• Narraburra - Rare earth elements
• Yeoval - copper and gold
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•	Lewis Ponds - copper, zinc and gold
• Copper Hill East - copper and gold
• Gundagai North & South - gold
Active work program scheduled across Narraburra, Yeoval
and Lewis Ponds the coming months
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