Slide 1: Scoping Study Presentation: Sturec Gold Mine
SCOPING STUDY PRESENTATION Sturec Gold Mine 8 August 2022 ASX : MTC | FRA : MT1 1
Slide 2: Disclaimer: Forward Looking Information & ASX Compliance Statement
DISCLAIMER FORWARD LOOKING INFORMATION & ASX COMPLIANCE STATEMENT Important Information This presentation has been prepared and issued by MetalsTech Limited (the “Company") to inform interested parties about the Company and its progress. The material contained in this presentation sets out general b
Slide 3: Snapshot: Growing a world class gold deposit
SNAPSHOT ASX:MTC | FRA:MT1 Growing a world class gold deposit…. Capitalisation Data Share Price A$ 0.365 Shares on Issue 166,664,590 Market Cap (MC) A$ 60.8 million Au #1.54 Moz JORC (2012) Resource (AuEq) (1.63 Moz) MC / JORC Resource (AuEq) A$ $37 per ounce (USD) ($26) Top 40 Shareholder 73% (Mana
Slide 4: Scoping study highlights
STUREC Scoping study highlights Mining physicals Total production Strip ratio (open cut) 21Mt @1.63 g/t AuEq Plant throughput 1,007Koz over 0.9 : 1 91% Au recovery 1.5Mtpa 15 years Waste : ore 88% Ag recovery AISC (AuEq) Undiscounted free cash NPV8% Pre-production capital US$754/oz flow A$844M pre-t
Slide 5: Scoping study sensitivity
STUREC Scoping study sensitivity 5
Slide 6: A rising star in the Western Tethys
STUREC A rising star in the Western Tethys ▪ Western Tethys orogenic belt location is host to multiple large epithermal and STUREC porphyry style gold deposits 1.54Moz ▪ Sturec boasts world class potential Additional 2.2 - 5.1Moz JORC Exploration Target ▪ 1.5 Moz ++ historic gold production ▪ JORC R
Slide 7: Transformational scoping study
STUREC Transformational scoping study An Exceptional Asset & Jurisdiction ▪ Initial evaluation demonstrates gold production of one million ounces on a combined open cut/underground mining and concentrating operation ▪ High quality scoping study and proportion (>83%) JORC Measured & Indicated resourc
Slide 8: Plant feed tonnes by JORC category and grade
SCOPING STUDY Plant feed tonnes by JORC category and grade >83% Measured & Indicated 8
Slide 9: Combined open cut & underground
SCOPING STUDY Combined open cut & underground ▪ Main pit + underground: 0 – 10 years ▪ Dry stack tailings to the west ▪ Southern extension: 10 – 15 years ▪ Prioritise in pit back fill combined with west dry stack tailings Small footprint open cut & underground ROM pad Low profile dry stack tailings
Slide 10: Sturec flow diagram
SCOPING STUDY Sturec flow diagram 10
Slide 11: Potential resource extension
STUREC Potential resource extension ▪ Extensions at depth ▪ Extensions to the north and south 11
Slide 12: Potential resource extension to the South
STUREC Potential resource extension to the SOUTH ▪ High grade zone appears to plunge south ▪ Exploration to fill in the data ?? 12
Slide 13: Enormous regional upside North and West
STUREC Enormous regional upside NORTH and WEST ▪ Substantial JORC Exploration Target above the existing JORC Mineral Resource ▪ Significant drill hits outside Sturec to the north and west including: ▪ 15.25m @ 6.77 g/t Au and 3.8 g/t Ag at Katerina prospect ▪ 28.1m @ 6.3 g/t Au and 8.0 g/t Ag at Vra
Slide 14: ESG approach to development
STUREC ESG approach to development Previous owners of the project faced a number of challenges which MTC must address ▪ they were focused on very large and deep open cut mine where the deposit is located just 1km from the town of Kremnica ▪ development required significant storage of tailings on sur
Slide 15: ESG: Specific measures
ESG Specific measures Visual barriers ▪ Create vegetated bunds around the opencut and infrastructure to minimise line of sight visual impact. ▪ Conceal waste dumps behind ridge lines and progressively rehabilitate the dumps upon completion. Dayshift operations ▪ Opencut mine operation on a day shift
Slide 16: Appendix A: JORC Resources
APPENDIX A: JORC RESOURCES Growing a world class deposit Updated Sturec Mineral Resource Estimate (JORC 2012) Resource Estimate above 0.26 g/t Au cut-off and within an optimised open pit shell Resource Tonnes (kt) Au (g/t) Ag (g/t) AuEq (g/t) Au (koz) Ag (koz) AuEq (koz) Category Measured 15,340 1.4
Slide 17: Appendix B: JORC Exploration Target
APPENDIX B: JORC EXPLORATION TARGET Growing a world class deposit JORC Exploration Target (JORC 2012) Grade Grade Contained Gold Contained Gold Tonnage (t) Tonnage (t) Prospect Name (g/t AuEq) (g/t AuEq) (AuEq) (AuEq) (Low) (High) (Low) (High) (Low) (High) Volle Henne 3 4.5 7,200,000 9,600,000 694,4
Slide 18: MetalsTech Limited
ASX : MTC | FRA : MT1 MetalsTech Limited Suite 1, 44 Denis Street Subiaco WA 6008 Australia Gino D’Anna – Director - M +61 400 408 878 - gino@metalstech.net Nathan Ryan – Investor Relations - M +61 420 582 887 - nathan@nwrcommunications.com.au 18
Slide 19: Disclaimer: Competent Person Statements
DISCLAIMER COMPETENT PERSON STATEMENTS Competent Person Statement The information in this announcement that relates to Exploration Results is based on information compiled by Dr Quinton Hills Ph.D., M.Sc., B.Sc. Dr Hills is the technical advisor of MetalsTech Limited and is a member of the Australas