Ignite Summit Investor Presentation - Hong Kong
Released
Released
Announcement PDF
ASX:DY6
Company Presentation
October 2025 ASX:DY6
Targeting Tier-1 Rutile in Cameroon
African-based Critical Minerals
ASX:DY6
Investment Snapshot - Targeting Tier-1 Rutile in Cameroon
2
Promising location with key infrastructure (rail, ports, power) and
neighbouring discoveries
Flagship Central Rutile Project provides district scale (~8,800km2)
in Cameroon
100% owned projects with no royalties
Three highly prospective REE projects in Malawi with a focus on
heavy rare earth elements
Strong board & management with significant African experience
Fully funded for high-impact exploration throughout FY26
Image: A coarse rutile nugget (~4 cm) exhibiting a massive texture, sub-metallic luster, and
black coloration with secondary Fe-oxides and subrounded crystals, suggesting limited
lateral transport. It was recovered from residual regolith composed primarily of fine-grained,
iron-rich soil and clay near a road cutting at the sample site GRMAU0012 (not assayed). For
detailed nugget analysis, refer to ASX announcement: 11 August 2025 - XRF Analysis confirms
high-quality of natural rutile.
ASX:DY6
African Based Portfolio of Critical Mineral Assets
High-Value Minerals: Rutile is the purest and most valuable naturally
occurring form of titanium, with applications in aerospace, defense, and
pigment manufacturing. Global supply is projected to decline sharply,
making new deposits highly sought after.
Malawi
Cameroon
3
Malawi REE Projects
Three highly prospective REE projects
• Tundulu (light REEs, gallium, and rock
phosphate)
• Machinga (HREEs and niobium)
• Salambidwe (REEs and niobium)
Cameroon Rutile
Projects
Central Rutile Project
• Size: approximately 8,780 km²
Douala Basin Heavy Mineral Sands
(HMS)
• Size: 2,580 km²
• Located within 50 km of the
deep-water port of Douala
Commodities: Rutile, HMS, Graphite
ASX:DY6
Significant African Experience across Board and Management
4
Mr Cliff Fitzhenry
Chief Executive Officer
Mr Troth Saindi
Exploration Manager, Africa
Mr Dan Smith
Executive Chairman
Dr Moses Ndasi
Country Manager, Cameroon
Mr Myles Campion
Non-Executive Director
Mr Corne Coetser
Senior Geologist
Mr John Kay
Non-Executive Director
Dr Nannan He
Non-Executive Director
MSc and BSc Honours (cum laude) degrees from
the University of KwaZulu Natal (South Africa)
Registered Professional Natural Scientist in South
Africa.
Previously the Senior Geologist for Sovereign Metals
Limited (ASX. SVM)
Mr Saindi holds a Master of Science degree in
Economic Geology from the University of
Witwatersrand and a Bachelor of Science honours
degree in Geology from University of Johannesburg.
He has 17 years’ experience in the mineral resource
sector spanning from exploration geology, through
to development and production.
BA, Fellow of the Governance Institute of Australia
Over 17 years’ capital markets expertise.
Director and co-founder of Minerva Corporate, a
boutique corporate services and advisory firm.
Non-executive director for several companies on
AIM/ASX operating in the resources sector
A specialist in mineral exploration, resource
evaluation and project management. Discovery
track-record in Africa
Cameroonian national with a PhD in geology from
the University of Johannesburg and an MBA from
Wits Business School.
Previously technical advisor to Chilwa Minerals.
Over 30 years’ experience in the natural resources
sector, including exploration geology, resource
analysis, fund management, equities research and
project and debt financing.
Significant financial experience in Australian and UK
M.Sc. in Minerals Exploration from the Royal School
of Mines in London and B.Sc. Honors in Geology from
University of Wales College Cardiff.
Over 7 years as exploration geologist throughout
Africa
GIS and exploration management expertise
Experience in the establishment and oversee of in-
country/in-house laboratories
Experienced corporate lawyer and corporate
adviser.
Over 17 years’ experience in equity capital markets,
M&A and resources gained through both private
practice and inhouse roles in Australia and the UK.
Co-founder of Arcadia Corporate, which provides
corporate advisory and capital raising services to listed
and unlisted companies in the small cap mining sector.
Over 12 years’ experience in geosciences, chemical
material trading, exploration and resources
investment.
Dr He holds a PhD in Geochemistry from Curtin
University, a MS in Geochemistry from Hokkaido
University, and a BS in Mineral Resource Exploration
from Jilin University.
ASX:DY6
Well funded and supportive shareholder base
1 (2/10/25)
2 (2/10/25)
3 31/08/25)
95.3M2
Shares on Issue
$0.2151
ASX Share Price
$20.5M
Undiluted Market Cap
~$5M3
Cash
32.2M
Performance Rights
Capital
Structure
Shareholders Share Price
Others
75%
Board & Management 17%
Strategic Cornerstone Investor
(Zhenshi Group) 8%
58.8M
Options on Issue
($0.08 - $0.60)
5
0.00
0.05
0.10
0.15
0.20
0.25
0.30
0.35
0.40
Apr 7, 2025 May 8,
2025
May 22,
2025
Jun 5, 2025 Jun 23,
2025
Jul 8, 2025 Jul 23, 2025Aug 6, 2025 Aug 20,
2025
Sep 3, 2025 Sep 18,
2025
ASX:DY6
Rutile: Global supply and future demand
6
Source: Crux Investor Research -
https://www.cruxinvestor.com/posts/chinas-output-cuts-tighten-rutile-
supply-adds-pressure-to-tio2-prices
Source: TZMI Source: TZMI
300
400
500
600
700
2020
2022
2025E
2030E
Global Rutile Supply Decreasing
('000 tonnes)
0
2
4
6
8
10
12
2015
2016
2107
2018
2019
2020
2021
2022
2023
2024f
2025f
2026f
2027f
2028f
2029f
2030f
2031f
2023f
2033f
Titanium demand increasing
(Titanium feedstock demand)
(TiO2 units (Mt))
700
800
900
1000
1100
1200
1300
1400
1500
1600
2015
2020
2025
2030f
Rutile Pricing
(US$/t)
ASX:DY6
8.0Mt 0.5Mt
High None
Strong industrial demand for natural rutile
7
0
10
20
30
40
50
60
70
80
Production
Cost
Energy
Intensity
Environmental
Impact
Supply
Security
Natural Rutile (Kasiya) Synthetic Rutile
Natural vs Synthetic Rutile Economics and ESG Profile
Performance Score (0−100)
(Lower Cost/Impact = Higher Score)
30−60% >95%
US$240/t US$1,519/t
Ilmenite
Common/low purity (FeTiO3)
Rutile
Rare/high purity (TiO2)
TiO2
Grade
Current
Price
Processing
Processing
Requirement
Source: Crux Investor Research - https://www.cruxinvestor.com/posts/chinas-output-cuts-
tighten-rutile-supply-adds-pressure-to-tio2-prices
Sources: TZMI, Sovereign Metals, Iluka Resources
ASX:DY6
Central Rutile Project: World Class Potential
All the key ingredients to become a world-class rutile deposit.
The project is comparable to Sovereign Metals’ Tier 1 Kasiya deposit in Malawi, the world’s largest primary rutile deposit.
District Scale: 21 exploration permits under valid applications covering
~8,782 km².
Favourable Geology: The project is underlain by kyanite-bearing mica
schist, which is the source rock for the rutile.
Deep Weathering Profile: Deep, intense weathering has concentrated
and upgraded the rutile into a high-grade layer of saprolite, which is
easier to mine.
Historical Evidence: Historical production from the area (1935-1955)
recorded 15,000 tons of high-purity rutile (>95%).
Promising Neighbours: The project borders Lion Rock Mineral’s Minta
Rutile Project, where initial sampling has shown high-value mineral
assemblages with valuable heavy minerals (VHM) up to 93% of total
heavy minerals (THM) and with the dominant VHM’s being rutile (up to
69.8%), monazite (up to 35.6%) and zircon (up to 21.5%).
8
Figure 1: DY6’s Central Project showing the current licences.
ASX:DY6
Central Rutile Project: First pass reconnaissance assay results
9
Significant Mineralisation Confirmed
• Initial reconnaissance sampling confirmed high-grade
residual rutile mineralisation
• Validation of geological model targeting Tier 1 residual
rutile deposits
• High-grade rutile including 1.57% and 2.1% rutile
• Several ore-grade rutile occurrences (>0.7%+)
• Notable assays¹:
o 2.25m @ 8.7% HM incl. 0.6% rutile
o 3.5m @ 5.29% HM incl. 0.78% rutile
o 5.8m @ 6.98% HM incl. 0.47% rutile
o 4.8m @ 4.99% HM incl. 0.3% rutile
o 0.8m @ 2.81% HM incl. 0.66% rutile
o 1.35m @ 1.23% HM incl. 0.84% rutile
Figure : Zoomed in geological map of the Nsimbo and Alamba licences showing the recently
completed reconnaissance sampling campaign and 41km strike of high-grade mineralisation.
1. Refer ASX Announcement dated 2 September 2025
ASX:DY6
Central Rutile Project: Assay Results Continued
District Scale Potential Confirmed
• Samples comprised channel samples of road-cutting
exposures and very shallow auger holes
• District scale of rutile mineralisation – 41km distance
between mineralised samples
• 24-hole, 237.9m reconnaissance drilling campaign
completed (9.9m average hole depth)
• Holes displayed same weathering profile as Kasiya, with
visual HM in panned samples¹
Figure: Weathering
profile at the Bounde
licence showing a
classic residual
“Kasiya-type” profile
10
1. Refer ASX Announcement dated 2 September 2025
ASX:DY6
Central Rutile Project
08
Seeing the right ‘ingredients’
11
Figure : Rutile nuggets from the Bounde licence grading 96,74% TiO2
(refer to announcement on 11 August 2025 “XRF analysis confirms high
quality of natural rutile”)
Figure : Fine-grained heavy mineral (HM) and rutile grains (~1 mm) recovered from a
panned concentrate of auger hole GRMAU0004 (not assayed). For assay results from this
hole, refer to ASX announcement: 2 September 2025 - High-grade saprolite-hosted rutile
confirmed at Central Rutile Project (0.95 m @ 11.52% HM, including 0.96% rutile)
ASX:DY6
Douala Basin HMS Project
09
The Douala Basin HMS Project consists of 3 granted exploration permits and
3 exploration permits under valid applications covering 2,580km² across the
Douala Basin of Western Cameroon.
The tenements are all located within 50km of the deep-water port city of
Douala.
Geologically the Douala Basin is a coastal sedimentary basin consisting of
a package of mainly marine sedimentary formations
The Diwong licence was previously known as the Missole Project which
was held by the French multinational Eramet.
Historical sonic drilling at Douala by Eramet delivered significant
intercepts from the Diwong licence, including¹:
o 10m @ 5.0% THM from surface (DIB_S00024)
o 12m @ 4.7% THM from surface (DIB_S00018)
o 7.7m @ 4.0% THM from surface (DIB_S00022)
o 18m @ 3.7% THM from surface, ending in
mineralisation (DIB_S00010)
DY6’s Douala Basin Project comprises 6
licence blocks proximal to the port city of
Douala along Cameroon’s coast
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1. Refer ASX Announcement dated 24 April 2025
ASX:DY6
Rutile Peers
Sovereign Minerals Sierra Rutile Lion Rock Minerals DY6 Metals
Market Cap $440m N/A ~$163m ~$19m
Country Malawi Sierra Leone Cameroon Cameroon
Ownership 100% 100% 80% 100%
Landholding Size ~786km2 559km2 8,800km2 5,901km2
Stage of development DFS – pre-development Operating Exploration Exploration
Bedrock geology High-grade mica-schist Alluvial placer High-grade mica-schist High-grade mica-schist
Style of mineralisation Saprolite-hosted,
residual rutile
Alluvial placer Saprolite-hosted,
residual rutile
Saprolite-hosted,
residual rutile
Resource Grade/Size 1.8Bt @ 1% rutile 0.78Bt @ 1.04% rutile N/A N/A
Notable residual
intercepts
N/A N/A • 4m @ 1.57% HM, inc
1.05% rutile
• 5.65m @ 5.2% HM
• 7m @ 5.1% HM
• 5.8m @ 6.98% HM, inc
0.47% rutile (channel)
• 3.5m @ 5.29% HM, inc
0.78% rutile (channel)
• 2.25m @ 8.7% HM, inc
0.6% rutile (auger)
13
Market caps - as at 2 September 2025
Resources / grades:
• Sovereign Metals - https://api.investi.com.au/api/announcements/svm/a75dced1-d48.pdf
• Sierra Rutile - https://sierra-rutile.com/media/nqcbj0ij/srx-2022-resources-and-reserves-statement-final.pdf
• Lion Rock - https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02963007-6A1271135&v=c2533a54e2514fb77a8f93f84db686e1125273e9 and https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02948733-
6A1265374&v=c2533a54e2514fb77a8f93f84db686e1125273e9
• Dy6 - https://investors.dy6metals.com/announcements/7135080
ASX:DY6
Cameroon – Next steps
DY6 is fully-funded to undertake an aggressive exploration programme across the Company’s Central Rutile and Douala Basin
projects. Over the next 6 moths, the key objectives are to:
14
Completion of assays
and mineral assemblage
work on reconnaissance
samples
Systematic soil sampling
to define higher-grade
zones at the Central
Rutile Project
Deep auger drilling to
follow up on high-grade
zones
Establishment of an
in-country laboratory
and build local
Cameroonian work
force
ASX:DY6
Malawian Projects – REEs, Gallium & Phosphate
15
DY6 has three highly prospective rare
earth element (REE) projects in Malawi:
Tundulu: carbonatite hosting light
REEs, gallium and rock phosphate
Machinga: alkaline intrusive
complex enriched in heavy REEs
and niobium
Salambidwe: circular syenite
intrusive enriched in REEs and
niobium
ASX:DY6
Malawian Projects – REEs, Gallium & Phosphate
Tundulu REE & Gallium Project - Significant Undeveloped REE Carbonatite Complex
• Tundulu formed of multiple ring structures around a central vent Nathace Hill where major drilling uncovered
a large REE, P2O5 hosted mineralised system
• In addition to high-grade rare earths and phosphate, a review of historical drill results at Tundulu has identified
the presence of high-grade gallium (Ga) mineralisation from surface
• Notable significant drill intersections:
• 101m @ 1.02% TREO, 3.6% P2O5 from surface (TU030)
• 74m @ 1.55% TREO, 93.26g/t Ga2O3, 4.4% P2O5 from 72m (TU043), including 14m at 202.79g/t Ga2O3 from
89m (TU043), and the highest grade in all assays intersected within this interval at 310.46 g/t Ga2O3, 5.68% TREO
from 97m to 98m
• Quality historical data and impressive results with significant exploration upside to expand
Machinga HREE & Nb Project - Alkaline Intrusive Complex
• HREE enrichment, exhibiting high grade Nb
• Significant assay results include:
• 13m @ 0.65% TREO, 0.25% Nb from surface; incl. 1m @ 1.06% TREO, 0.37% Nb from 7m, and 1m @ 1.28%
TREO, 0.42% Nb from 9m (MR019)
• 7m @ 1.42% TREO with 0.49% Nb from 65m (MR011)
• 15.1m @ 1.01% TREO, 0.36% Nb from 23.9m incl. 4m @ 1.75% TREO, 0.63% Nb from 33m drilled downdip
(MDD007)
• Rock Chips confirm significant mineralised footprint along strike
16
Figures: (Top) Carbonatite outcrop at Tundulu Hill, representing
sample Tundu 1 1.8026% TREO, Refer to ASX Announcement: 27
May 2024, Exceptional Historical Drill Results @ Tundulu. (Bottom)
Nathace Hill, Malawi
ASX:DY6
Key Milestones: Future Facing Critical Mineral Supply
17
October November December Jan - March April - June
Project-wide soil sampling
Auger drilling at Central Project
Reconnaissance auger results
Auger drilling at Douala Project
Lab commissioning
In-country laboratory operational
Auger results
DY6 Metals Ltd
Level 8, 99 St Georges Tce
Perth WA 6000
www.dy6metals.com
Mr Dan Smith Mr Clifford Fitzhenry
Executive Chairman Chief Executive Officer
Dan.smith@dy6metals.com Clifford.fitzhenry@dy6metals.com
Contact Details
ASX:DY6
18
ASX:DY6
Advancing Social Initiatives
DY6 Metals understands the importance of
community engagement across our projects
Engagement with key stakeholders from local
communities through to Government is ongoing
All engagements are in strong standing with
significant support for our projects and activities
The Company will advance social initiatives as we
develop these projects further
19
ASX:DY6
Disclaimer
The material in this presentation has been prepared by DY6 Metals (“Company”). This presentation may not be reproduced, redistributed or passed on,
directly or indirectly, to any other person, or published, in whole or in part, for any purpose without prior written approval of the Company. This presentation
and the material contained in it is for information purposes only. This presentation is not an offer or invitation for subscription or purchase of, or a
recommendation in relation to, securities in the Company and neither this presentation nor anything contained in it shall form the basis of any contract or
commitment. This presentation may not be distributed in any jurisdiction except in accordance with the legal requirements applicable in such jurisdiction.
Recipients should inform themselves of the restrictions that apply in their jurisdiction. Failure to do so may result in a violation of rules in such a jurisdiction. This
presentation is not financial product or investment advice. It does not consider the investment objectives, financial situation and particular needs of any
investor. Before making an investment in the Company, an investor or prospective investor should consider whether such an investment is appropriate to their
particular investment needs, objectives and financial circumstances, seek legal and taxation advice as appropriate and consult a financial adviser if
necessary.
This presentation may contain forward-looking statements. Forward-looking statements include those containing such words as “anticipate”,
“estimates”, “forecasts”, “should”, “could”, “may”, “ideal”, “intends”, “will”, “expects”, “plans” or similar expressions. Such forward-looking statements are not
guarantees of future performance and involve known and unknown risks, uncertainties, assumptions and other important factors, many of which are beyond
the control of the Company, its directors and management that could cause the Company’s actual results to differ materially from the results expressed or
anticipated in these statements. The Company cannot and does not give any assurance that the results, performance or achievements expressed or implied
by the forward-looking statements contained in this announcement will actually occur and investors are cautioned not to place undue reliance on these
forward-looking statements. The Company does not undertake to update or revise forward looking statements, or to publish prospective financial information
in the future regardless of whether new information, future events or any other factors affect the information contained in this presentation, except where
required by applicable law. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a range of
variables and changes in underlying assumptions which could cause actual results or trends to differ materially. The Company does not make any
representation or warranty as to the accuracy of such statements or assumptions.
This presentation has been prepared by the Company based on information currently available to it. No representation or warranty, express or implied, is
made as to the fairness, accuracy, completeness or correctness of the information, opinions and conclusions contained in this presentation. To the maximum
extent permitted by law, none of the Company or its subsidiaries or affiliates or the directors, employees, agents, representatives or advisers of any such party,
nor any other person accepts any liability for any loss arising from the use of this presentation or its contents or otherwise arising in connection with it, including
without limitation, any liability arising from fault or negligence on the part of the Company or its subsidiaries or affiliates or the directors, employees,
agents, representatives or advisers of any such party.
Competent Person Statement - Cameroon
The information contained in this announcement that relates to geological information and exploration results at the Central Rutile and Douala Basin Projects,
is based on information compiled by Mr Clifford Fitzhenry, a Competent Person who is a Registered Professional Natural Scientist with the Council for Natural
Scientific Professionals (SACNASP). Mr Fitzhenry is the Company’s CEO and has sufficient experience which is relevant to the style of mineralization 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’. Mr Fitzhenry consents to the inclusion in this announcement of the matters
based on his information in the form and context in which it appears.
The exploration results contained in this presentation were first announced by the Company on 11 June 2025, 23 June 2025, 11 August 2025, and 3 September
2025. The Company confirms that it is not aware of any new information or data that materially affects the information included in these announcements.
Competent Persons’ Statement - Malawi
The information in this presentation that relates to exploration results, mineral resources or ore reserves at the Malawian projects is based on information
compiled by Mr Allan Younger, who is a Member of the Australasian Institute of Mining and Metallurgy. Mr Younger is a consultant of the Company. Mr
Younger has sufficient experience which is relevant to the style of mineralisation and type of deposits under consideration and to the activity that he is
undertaking to qualify as a Competent Person as defined in the 2012 edition of the `Australian Code for Reporting Exploration Results, Mineral Resources and
Ore Reserves’ (the JORC Code). Mr Younger consents to the inclusion of this information in the form and context in which it appears in this report. Mr Younger
holds shares in the Company.
The exploration results contained in this presentation were first reported by the Company in its prospectus dated 3 April 2023 and announced to ASX on 27
June 2023, 6 July 2023, 12 September 2023, 3 October 2023, 10 October 2023, 26 October 2023, 4 December 2023, 11 December 2023, 15 December 2023, 29
December 2023, 3 January 2024, and 29 April 2025. The results were reported in accordance with the 2012 edition of the “Australasian Code for Reporting of
Exploration Results, Mineral Resources and Ore Reserves”. The Company confirms that it is not aware of any new information or data that materially affects
the information included in the Prospectus or these subsequent announcements.
With respect to the Tundulu Project, Mr Younger has not yet visited the site or conducted an in-depth due diligence of the data presented in this
announcement. Mr Younger confirms the information in this market announcement is an accurate representation of the available data for the exploration
areas mentioned herein, but that further investigation is ongoing. The Information in this report that relates to Exploration Results for the Tundulu Project is
extracted from the Company’s announcement titled: “Additional historical drilling results confirms Tundulu REE potential”, dated 27 May 2024 and
announcement dated 29 April 2025. The Company confirms that it is not aware of any new information or data that materially affects the information
included in the above original market announcement.
Cautionary Statement – Tundulu Project
Information is this release is considered as historical by nature, and while all care has been taken to review previous reports and available literature, ground
testing and confirmation work is yet to be completed by the Company. The historical laboratory analysis was conducted on a range of drill core by reputable
laboratories in South Africa. However, there is no guarantee that these results are representative of the Tundulu deposit until further sampling, drilling, assaying
and processing test work is conducted by the Company. The Company confirms that it is not aware of any new information or data that materially affects
the information included in this release.
Drilling results (Exploration Results) presented in this release have not been reported previously by the former owners and operators of the Tundulu project.
As a result, the reported Exploration Results:
Have not been reported in accordance with the JORC Code 2012 and may not conform with the JORC Code 2012.
A Competent Person has not done sufficient work to disclose the Exploration Results in accordance with the JORC Code 2012.
It is possible that following further evaluation and/or exploration work that the confidence in the prior reported Exploration Results may be reduced when
reported under the JORC Code 2012.
Nothing has come to the attention of the Company that causes it to question the accuracy or reliability of the former owner’s Exploration Results; but
The Company has not independently validated the former owner’s Exploration Results and therefore is not to be regarded as reporting, adopting or
endorsing those results.
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