• ZEN IPO Dec. 2010; Cliffs Natural Resources assistance• Raised $10 million @ $0.60 with Jennings & GMP• Exploration in 2011 discovered a very rare GRAPHITE deposit
Zenyatta Ventures Ltd. presentation may include or incorporate by reference certain “forward-looking statements” within the meaning of applicableCanadian securities laws. All of the forward-looking statements made by Zenyatta in this presentation, express or implied, are qualified by these cautionarystatements. Statements regarding, without limitation, potential mineralization and reserves, prospective results of operations, financial position and cashflows, financial outlook, future economic conditions, intended courses of action, future plans or objectives of Zenyatta may be considered to be forward-looking statements. Words such as “expect”, “anticipate”, “estimate”, “contemplate”, “target”, “plan”, “continue”, “budget”, “schedule”.“may”, “will”, “should”, “intend”, “believe” and other similar expressions indicate forward-looking statements. Forward-looking statements are notguarantees of future results and performance but rather reflect Zenyatta’s current views with respect to future events. Results are subject torisks, uncertainties, assumptions and other factors, and actual results and future events could differ materially from the conclusions, forecasts, projectionsor results anticipated in these forward-looking statements. Forward-looking statements are made as of the date of this presentation based on available information. Certain material factors or assumptions wereapplied in drawing conclusions or making forecasts or projections. Although considered reasonable by Zenyatta as at the date of the presentation, theforward-looking information is inherently subject to significant business, economic and competitive uncertainties and contingencies. Some of the materialrisks, factors and assumptions that could cause actual results to differ materially from Zenyatta’s expectations include, but are not limited to, ability to stakemineral claims prior to competing businesses, staking of mineral claims on land unsuitable for development or land which does not encompass key mineralreserves, inability to raise or allocate sufficient capital to perform intended exploration and development or to maintain minimum yearly explorationexpenses and consequent loss of mining claims, fluctuations in currency markets, fluctuations in spot and forward prices of minerals and othercommodities, changes in national and local government legislation, taxation, controls, regulations and political or economic developments in Canada andinternationally, other business opportunities that may be presented to or pursued by Zenyatta, change in management or control of the company, activitiesof competing businesses, operating or technical difficulties in connection with mining, exploration or development activities, employeerelations, availability and costs of mining and exploration inputs, labour and equipment, risks of obtaining necessary licences and permits, diminishingquantities or grades of mineral reserves, ability to meet operational expenses, contests over title or right to properties or mineral claims, conflictingaboriginal land claims and aboriginal rights, environmental regulations, the risks and hazards associated with mineral exploration anddevelopment, environmental hazards, industrial accidents, unusual or unexpected geological formations or pressures, flooding, inaccessibility oflands, inclement weather conditions and the risk of inadequate insurance or inability to obtain insurance. Certain risks and assumptions and are alsodisclosed under the heading “Risk Factors” in the presentation and elsewhere in documents filed from time to time with the Canadian provincial securitiesregulators, such as the Zenyatta Management Discussion and Analysis made available to the public on www.sedar.com. Zenyatta disclaims any intention or obligation to withdraw, update or revise any forward-looking statements whether as a result of new information, futureevents or otherwise, except to the extent required by applicable laws. An additional cautionary note to readers - no part of this Zenyatta presentation isintended to be deemed as an offering of its securities to investors outside of Canada or is to be relied on by residents of the United States of America orother jurisdictions outside of Canada. Certain terms such as “resource”, “measured resource”, “indicated resource” and “inferred resource” are recognizedunder Canadian securities laws, however, the United States Securities and Exchange Commission may not recognize such terms. Allmaps, information, diagrams etc. obtained from internet are assumed to be accurate but can not be guaranteed.Forward Looking StatementApr, 2013
Source: Industrial Minerals’ Natural Graphite Report 2012Unique Natural GraphiteVEIN Graphite:• Purest form in nature• Purity Usually: 95 – 99% C•Very Rare: <1% of world output• Easiest to Process• Demands best graphite priceSri Lanka- world’s only mineZenyatta• Largest & Only ‘High Purity’ (hydrothermal)GRAPHITE Deposit being Developed in theWorld• Close to surface, easy access & greatinfrastructure• Metallurgical Testing by SGS Lakefieldyielded 99.96% Carbon Purity• Targeting $13 Billion Synthetic GRAPHITEMarketIntroduction
Source: Industrial Minerals’ Natural Graphite Report 2012Unique Natural GRAPHITEVEIN (Hydrothermal) Graphite:• Purest form in nature•Very Rare: <1% of world output• Easiest to Process & Upgrade• Demands best graphite priceSri Lanka- world’s only mineZENBorrowdale
‘vein-type’ (hydrothermal)Graphite• Mineralizing fluids - CO₂ + CH₄• Unusually High Carbon Content of Magma• Absence of Significant Degassing of Carbon• Major Structural Control
Plans 2013• 43-101 Resource by mid- 2013• Optimized metallurgical testing by end of 2nd quarter• Preliminary Economic Assessment to start in 3rd quarter
Why GRAPHITE?• Unique chemical, electrical & thermal properties• Stable & strong in excess of 3600°C• Resistant to chemical corrosion, thermal shock & oxidization• One of the lightest reinforcing elements• High lubricating abilities• Great conductor of heat & electricity
Annual global production of graphite in 2010:Synthetic ~ 1,500,000 tonnes (~$13 Billion)Natural ~ 1,000,000 tonnes (~ $2 Billion)Synthetic graphite (>99%):Current pricing from US$7,000/tonne - $20,000/tonne(Industrial Minerals).Natural graphite (70-97%):Current pricing from US$500/tonne - $2000/tonne(Industrial Minerals).
• Synthetic - To turn petroleum (needle) coke into graphite requires extensive thermaltreatment (3000°C) to burn off contaminants & re-arrange graphite layers. Very costly (4-5x) to make and environmental issues with this process as well.• Natural (high purity) graphite has advantages:Natural graphite anode has higher specific capacities than synthetic graphite.Natural graphite is highly crystalline leading to high quality for new tech.
CriticalStrategic & Critical for industrial nations including USA & European Commission
Electric arc furnaces use graphite electrodes to generateheat required to melt scrap during production of steelBrake liningsTraditional Uses
Anode - GRAPHITECathode - Li oxideElectrolyte - lithium saltsNEW Uses• smaller, lighter & more powerfulLi-ion Battery
• 85kWh Battery• ~140kg GRAPHITELi-ion BatteryTesla Model S• 24kWh Battery• ~40 kg GRAPHITE
Li-ion Battery• 200 million e-bikes in China• Sales expanding rapidly in India• Sales forecast - e-bikes, e-motorcycles & e-scooters >450 million by 2016
Pebble BedReactorsUranium embedded in graphite balls;smaller, safer & less costly.Requires 3000 tonnes of Graphite for startup& 1000 tonnes annually for 1GW reactor
Fuel CellsLarge-scale fuel cell applications are beingdeveloped that could consume as muchgraphite as all other uses. (USGS Jan 2012)
Vanadium RedoxBatteryEnergy storage solution forrenewable energy such as solar& windGRAPHITE - key component;300 tonnes graphite per 1,000megawatts of storage
Graphene• 1 Atom thick; 1mm = 3 million sheets graphene• Unique Properties:• 1000 x electrical capacity of Cu• 200 x stronger than structural steel• 10 x heat conductivity of Cu“NEW WONDER MATERIAL”
• 2012 - 10,000 research papers published, 6000 patents• European Union - 1 Billion euro program• South Korea - $350 million on commercialization• UK - £50 million in a new commercialization hubGraphene
Board & Management• Aubrey Eveleigh, President & CEO, Director; B.Sc., P.Geo. (Memorial)28 yrs mineral exploration experience• Peter Wood, VP Exploration; M.Sc., P.Geo. (Toronto)30 yrs mineral exploration experience• Barry Allan, Director; B.Sc., MBA (Dalhousie)30 yrs experience; SeniorVP & Director, MiningAnalyst, Mackie Research• Cliff Davis, Director; B.Sc., P.Eng (Royal School of Mines)40 yrs experience; Director of Agnico-Eagle Mines since June, 2008.• Brian Davey, Director (Trent)28 yrs on First Nation issues related to economic & business development• Peter Ravenscroft, Director; M.Sc. (Paris School of Mines)30 yrs experience as a Mining industry executive• Tom Mustapic, CFO; B. Comm. (Lakehead)20 yrs experience as a Certified General Accountant.
• Donald Bubar, M.Sc., P.Geo., (McGill & Queens) 30yrs experience (former VPExploration Aur Resources; President of Avalon Rare Metals)• Roland Butler, B.Sc., (Memorial) 20yrs experience (Founder, former VP &Director of Altius Minerals; President of Callinan )• David Fox, B.Comm., LL.B, (McGill) 25yrs securities experience (former VPInstitutional Sales TD Securities & Research Capital)• Don Hains, B.Sc., MBA, P.Geo., (Queens & Dalhousie) 30yrs experience as anindustrial minerals & marketing specialist, including graphite )• Dr. John Morganti, P.Geo., Ph.D. (UBC) 40yrs experience (former VP withTeck & Exploration Manager for Placer Dome )• Jason Mychasiw, HB. Comm, CFA, (Lakehead) TD Bank Manager CommercialCredit; formerly Mining group Analyst - GMP SecuritiesAdvisory Board