Marmota Limited · ASX:MEU
Marmota — Marmota Energy — Investor Presentation (November 2014)
19 slides from Marmota's investor presentation, Nov 17, 2014
Slide 1: Investor Presentation: Focused on the Future
For personal use only Investor Presentation Focused on the Future November 2014 David Williams – Managing Director
Slide 2: Important Information
Important Information For personal use only Disclaimer This presentation has been prepared by Marmota Energy Limited (“MEU”). The information contained in this presentation is a professional opinion only and is given in good faith. Certain information in this document has been derived from third par
Slide 3: Corporate Snapshot
Corporate Snapshot Marmota Energy (ASX: MEU) is a diversified mineral exploration and development company with key For personal use only projects across the Cu-Ni, Cu-Au, uranium and iron spaces. Capital Structure1 Trading History Shares on Issue 263M 0.025 1,600,000 Options 0.7M 1,400,000 0.020 Mar
Slide 4: Strategic Review
Strategic Review For personal use only Portfolio Overview Large portfolio covering 5,886 sq km across 26 tenements with multiplicity of targets but with high associated work commitments To ensure exploration expenditure is focused on highest priority targets, Marmota has recently conducted a str
Slide 5: Strategic Focus
Strategic Focus For personal use only Review has resulted in a strategic focus on: 1) Junction Dam Uranium Project 2) Melton Copper Project 3) Aurora Tank Gold Project 4) Durkin Nickel (Pundinya) Project Rationalisation Market interest (acquisition, farm-in, JV) for non-core projects to be tested
Slide 6: 1) Junction Dam Uranium
1) Junction Dam Uranium Project For personal use only Commodity: uranium Uranium prices starting to recover with industry cost curves forecasting commercially sustainable prices in 2-3 years Resource: Saffron deposit inferred resource of *5.4 million pounds with average grade of 557ppm U3O8 (see
Slide 7: 1) Junction Dam Uranium
1) Junction Dam Uranium Project For personal use only Commercialisation: Potential stand alone project Alternatively, located next door to Honeymoon Mine which could provide a route to market Can be extracted through in situ recovery which has low front end capex, quick production lead times a
Slide 8: 1) Junction Dam Uranium
1) Junction Dam Uranium Project For personal use only Immediate forward exploration program next 6 months: Drill and install water monitoring wells, undertake pump tests to ascertain permeability and analyse water and flow; Example of FLT Undertake lithological logging and analyse unit extractab
Slide 9: 2) Melton Copper
2) Melton Copper Project For personal use only Resource: High grade copper intersections up to 2.92% (see ASX announcement dated 7 May 2014) at Champion prospect with new target area, Melton Central, identified by the subsequent geophysical review Champion Prospect drill holes, with examples of ma
Slide 10: 2) Melton Copper
2) Melton Copper Project For personal use only Commercialisation: Located adjacent to the Rex Minerals Hillside Project Rex Minerals has a mining lease, approvals to mine and now focusing on developing a mine for its shallow copper resource Objective: Develop exploration targets for the Melton
Slide 11: 2) Melton Copper
2) Melton Copper Project For personal use only Immediate forward exploration program next 6 months: Complete ground magnetics over Melton Central Airborne EM over Champion and Central targets Magnetic image Targeted drilling on Champion and Central highlighting the geophysical targets anomalie
Slide 12: 3) Aurora Tank Gold
3) Aurora Tank Gold Project For personal use only Resource: Apollo Minerals reported initial drilling intersected high grade gold near surface including 5.0 g/t Au over 4 metres (see ASX Release by Apollo Minerals of 21 October 2014) Commercialisation: Early stage exploration but Marmota is 100%
Slide 13: 3) Aurora Tank Gold
3) Aurora Tank Gold Project For personal use only Immediate forward exploration program next 6 months: Forward work program to be driven by Apollo Minerals Apollo Minerals have indicated that they will review induced polarisation data to help with targeting of follow-up drill holes designed to D
Slide 14: 4) Durkin Nickel (Pundinya)
4) Durkin Nickel (Pundinya) Project For personal use only Resource: Initial drilling produced significant grades of up to 1.38% nickel. Location provides potential for a reasonable resource Commercialisation: No similar mines in region, but with a good size resource can develop as in a good logi
Slide 15: 4) Durkin Nickel (Pundinya)
4) Durkin Nickel (Pundinya) Project For personal use only Immediate forward exploration program next 6 months: Geophysics review to take into account the results from drilling Location map of drill holes over magnetic image Redrill selected holes and conduct downhole completed during Phase 1 at
Slide 16: Investment Proposition
Investment Proposition Strategy: For personal use only Reduce focus to 3 core projects with 3 core commodities to ensure maximum value from investment dollar spend Commodities: Uranium’s star is starting to turn so position key uranium asset to be at the front of the pack for commercialisation
Slide 17: Equity Raising Summary
Equity Raising Summary For personal use only Marmota announced a non renounceable Indicative Timetable1 rights issue capital raising on 7 November Prospectus Lodged with ASIC and ASX 7-Nov-14 2014 to raise up to $659,398 “Ex” Date 11-Nov-14 (approximately) before costs Record Date 13-Nov-14 1 ne
Slide 18: Contacts
For personal use only Investor Presentation Focused on the Future Contacts November 2014 David Williams – Managing Director Marmota Energy Limited Adelaide Equity Partners David Williams Rohin Muller Managing Director Telephone: (08) 8232 8800 Telephone: (08) 8245 4000 Email: rmuller@adelaideequity.
Slide 19: Appendix – Uranium Market
Appendix – Uranium Market For personal use only Spot price is on the rise – US$42/lb for U3O8 on 7 November 2014 Approval given for the restart of first two reactors in Japan at Sendai “Nuclear supporter Prime Minister Shinzo Abe is eager to return Japan’s idled reactors to service as replacem
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