Pearl Gull Iron Limited

Investor Presentation - Proposed Earn-in to NeoRe SpA

Overview of the La Marigen Ionic Rare Earth Project Located in the coastal belt of central Chile

Pearl Gull Iron Limited (ASX: PLG) (Pearl Gull, PLG or the Company) is pleased to present its investor presentation.


Highlights of the Opportunity

80% interest in NeoRe

  • Pearl Gull to earn up to an 80% interest in privately held Chilean-based company NeoRe SpA (NeoRe).

La Marigen Project

  • NeoRe holds the La Marigen ionic REE clay Project that is highly prospective for ionic adsorption REE clays along the coastal belt of Chile. The NeoRe team holds over a decade in the successful evaluation, definition and development of ionic adsorption clay deposits, strong in-country technical and stakeholder relationships.

License area

  • NeoRe holds 5 license areas prospective for REE comprising of 74 exploration applications and 4 granted exploration concessions over an area of approximately 22,800 hectares, located to the north of Aclara Resources advanced ionic adsorption REE Penco Project.

Under explored coastal belt

  • Geological similarities to southern China ionic rare earth province along the under explored coastal belt of Chile. The project area overlaps forestry industry with easy access and proximity to major industrial port city and infrastructure.

Experience

  • Experienced mineral industry executive, Dr John Mair, to join the Board of the Company and oversee its REE strategy.

DISCLAIMER

The purpose of this presentation is to provide general information about Pearl Gull Iron Limited (Pearl Gull or the Company). It is not recommended that any person makes any investment decision in relation to the Company based solely on this presentation. This presentation does not necessarily contain all information which may be material to the making of a decision in relation to the Company. Any investor should make their own independent assessment and determination as to the Company’s prospects prior to making any investment decision and should not rely on the information In this presentation for that purpose. This presentation does not involve or imply a recommendation or a statement of opinion in respect of whether to buy, sell or hold securities in the Company. The securities issued by the Company are considered speculative and there is no guarantee that they will make a return on the capital invested, that dividends will be paid on the shares or that there will be an increase in the value of the shares in the future. This presentation contains certain statements which may constitute “forward‐looking statements”. Such statements are only predictions and are subject to inherent risks and uncertainties which could cause actual values, results, performance or achievements to differ materially from those expressed, implied or projected in any forward‐looking statements. The Company does not purport to give financial or investment advice. This presentation is presented for informational purposes only. It is not intended to be, and is not, a prospectus, product disclosure statement, offering memorandum or private placement memorandum for the purpose of Chapter 6D of the Corporations Act 2001. Except for statutory liability which cannot be excluded, the Company, its officers, employees and advisers expressly disclaim any responsibility for the accuracy or completeness of the material contained in this presentation and exclude all liability whatsoever (including in negligence) for any loss or damage which may be suffered by any person as a consequence of any information in this presentation or any error or omission there from. The Company accepts no responsibility to update any person regarding any inaccuracy, omission or change in information in this presentation or any other information made available to a person nor any obligation to furnish the person with any further information. This presentation has been approved by the Board of Pearl Gull Iron Limited and is current as at July 2024.

COMPETENT PERSONS STATEMENT

The information contained in this announcement that relates to exploration results and geology is based on, and fairly reflects, information compiled by Dr John Mair, who is a Member of the Australasian Institute of Mining and Metallurgy. Dr Mair is shareholder of Huemul Holdings Pty Ltd and will join the Board of Pearl Gull following completion of the Acquisition (as announced on 14 June 2024) and has sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity which he is undertaking to qualify as a Competent Person as defined in the 2012 Edition of the ‘Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves’. Dr Mair consents to the inclusion in this presentation of the matters based on his information in the form and context in which it appears. Mr Mair holds securities in the Company. The information in this presentation that relates to historical exploration results were first reported by the Company in accordance with listing rule 5.7 on 14 June 2024. The Company confirms it is not aware of any new information or data that materially affects the information included in the original announcement.


Click here for the full ASX Release

This article includes content from Pearl Gull Iron Limited, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
PLG:AU
The Conversation (0)
Road through forest with heavy smoke from distant wildfire in the mountains.

Wildfire Destroys Mining Camp in NWT, Former MP Slams Territorial Response

A fast-moving wildfire has destroyed the Nechalacho mining camp southeast of Yellowknife, Northwest Territories, erasing cabins and infrastructure at a rare earths project owned by Vital Metals (ASX:VML).

The blaze swept through the camp at Thor Lake on August 30 after strong winds carried it 16 kilometres overnight.

Vital Metals CEO Lisa Riley said the company believed the site was safe until conditions shifted suddenly. “And from one second to the next, it went from being relatively safe to being completely gone,” she told CBC.

Keep reading...Show less
Critical Metals Corp NASDAQ CRML Reports Massive Mineralization Extension & Continues Resource Expansion These (3) 2024 Drilling Holes Intercepted Exceptional Rare Earth Elements Grading TREO Range 0.40% to 0.42% & HREO ∼26% Across our Flagship Core Asset Tanbreez in Greenland

Critical Metals Corp NASDAQ CRML Reports Massive Mineralization Extension & Continues Resource Expansion These (3) 2024 Drilling Holes Intercepted Exceptional Rare Earth Elements Grading TREO Range 0.40% to 0.42% & HREO ∼26% Across our Flagship Core Asset Tanbreez in Greenland

Critical Metals Corp. (Nasdaq: CRML) (“Critical Metals Corp” or the “Company”), a leading critical minerals mining company, today announced for the first time three new assay results from the 2024 diamond drill hole program at the Fjord Deposit at the Tanbreez Rare Earth Project in Greenland.

Highlights – 2024 New Diamond Drill Hole Results

Keep reading...Show less
Periodic table symbols for 17 rare earth elements.

Rare Earths Stocks: 9 Biggest Companies in 2025

Rare earth elements (REEs) are crucial for technologies like smartphone cameras and defense systems.

A select few from the group of 17 are also vital to clean energy transition industries such as electric vehicles (EVs) — neodymium and praseodymium are found in the permanent magnet synchronous motors used in EV drive trains.

The rare earths sector has been thrust back into the geopolitical spotlight as supply chains face mounting pressure from escalating US-China trade tensions and tightening global regulations.

Keep reading...Show less
Piles of rare earths on a light surface with a blurred background.

Critica Set to Produce First Rare Earths as Jupiter Project Progresses

Critica (ASX:CRI,OTC Pink:VTMLF) has delivered the first composite concentrate from its flagship Jupiter project to the Australian Nuclear Science and Technology Organisation (ANSTO) for independent leach testwork.

ANSTO will process the concentrate to produce mixed rare earth carbonate (MREC), while specialist consultancy Minutech will conduct hydrometallurgical programs to gauge processing routes.

Located in Yalgoo, Western Australia, Jupiter currently holds a global inferred resource of 1.8 billion tonnes at 1,700 parts per million (ppm) total rare earth oxides (TREO), including 520 million tonnes at 2,200 ppm TREO.

Keep reading...Show less
Two businesspeople shake hands amid a blue, abstract background.

Ucore Strikes Rare Earth Offtake Deal With Critical Metals

Ucore Rare Metals (TSXV:UCU,OTCQX:UURAF) has moved to shore up future supplies of heavy rare earths through a preliminary offtake deal with Critical Metals (NASDAQ:CRML).

The Halifax-based company announced Tuesday (August 26) it had signed a non-binding letter of intent with Critical Metals, which plans to develop the Tanbreez rare earth project in Southern Greenland.

Keep reading...Show less

Latest Press Releases

Related News

×