Moho Resources Ltd. · ASX:MOH
Moho Resources — Investor Presentation (February 2019)
26 slides from Moho Resources's investor presentation, Feb 21, 2019
Slide 1: The Mohorovicic Discontinuity
For personal use only THE MOHOROVICIC DISCONTINUITY, THE BOUNDARY SEPERATING THE CRUST & MANTLE OF THE EARTH ACROSS WHICH SEISMIC WAVES CHANGE VELOCITIES February 2019 1
Slide 2: Disclaimer
This presentation is not a prospectus nor an offer or inducement to subscribe for shares in Moho Resources NL (Moho) and has not been lodged with the Australian Securities and For personal use only Investments Commission. Except for any liability which cannot be excluded by law, Moho and its affilia
Slide 3: About Moho Resources NL
ABOUT MOHO For personal use only RESOURCES NL Aggressive Exploration on Highly prospective Gold and Nickel projects in WA and QLD Experienced directors & exceptional technical team Tight Capital structure Loyalty Options Announced 3
Slide 4: Capital Structure
For personal use only Capital Structure SHARES OPTIONS TIGHT On Issue 42,484,592 24,708,709*** CAPITAL Share Price $0.13** STRUCTURE Market Cap $5,523,000 *The Company has announced it’s intention to issue “Loyalty” Options on a 1:3 basis expected to be completed in March2019 **Share price at close
Slide 5: Directors and Technical Team
DIRECTORS TECHNICAL TEAM Terry Streeter (Non-Exec Chairman) Extensive experience in funding, listing and overseeing Robert (Bob) Affleck (Exploration Manager) junior explorers in all exploration and economic cycles. Extensive experience in exploration of gold and base For personal use only Has been
Slide 6: Director holdings at IPO
For personal use only Director holdings at IPO Shares Options Terry Streeter 1,500,000 1,000,000 Non-Executive Chairman DIRECTORS INCENTIVISED Shane Sadleir 2,828,594 6,642,892** Managing Director Ralph Winter 516,667 3,175,001** Commercial Director Adrian Larking 637,903 3,356,855** Non-Executive D
Slide 7: Major deposit discovery can deliver huge share price multiples
MAJOR DEPOSIT DISCOVERY CAN DELIVER HUGE SHARE PRICE MULTIPLES For personal use only Speculative Conservative Investment Investment Dividends FOCUS ON SHARE GROWTH BY DISCOVERY VALUE > TIME > EXPLORATION DISCOVERY FEASABILITY & COMMISSIONING STEADY STATE DEVELOPMENT & DERISKING PRODUCTIVITY Degrussa
Slide 8: Major deposit discovery can deliver huge share price multiples
MAJOR DEPOSIT DISCOVERY CAN DELIVER HUGE SHARE PRICE MULTIPLES For personal use only Speculative Conservative Investment Investment Dividends FOCUS ON SHARE GROWTH BY DISCOVERY VALUE > TIME > EXPLORATION DISCOVERY FEASABILITY & COMMISSIONING STEADY STATE DEVELOPMENT & DERISKING PRODUCTIVITY Degrussa
Slide 9: Exploration Projects
EXPLORATION For personal use only PROJECTS EMPRESS SPRINGS Au SILVER SWAN NORTH Au/Ni BURRACOPPIN Au 9
Slide 10: Pre-IPO Expert Comments
PRE-IPO EXPERT COMMENTS For personal use only “An Outstanding opportunity” Croydon - World renowned geologist Goldfield 1.2Moz Au “Empress Springs could be the Olympic Dam of gold*” *(Geological setting has potential for giant gold systems) “Rare opportunity for World Class mineralisation Exploratio
Slide 11: What has Moho achieved at Empress Springs since IPO?
WHAT HAS MOHO ACHIEVED AT EMPRESS SPRINGS SINCE IPO? For personal use only Empress Springs, Qld – Significant Virgin Gold & Base Metal discovery in maiden drill program 5,727m of drilling and 87 holes completed 2,116km2 of significant land acquisition to consolidate Moho’s prospectivity over 110km o
Slide 12: Potential World Class Mineralising System – Empress Springs
POTENTIAL WORLD CLASS For personal use only MINERALSING SYSTEM – EMPRESS SPRINGS (QLD) – Au Exploration for giant gold deposits under cover 2,889km2 of contiguous tenure over target zones A and B 20 km south of Croydon Goldfield (A$2.0B, 1.2M oz historic Au production) 12
Slide 13: Empress Springs Gold & Base Metal Discovery
EMPRESS SPRINGS GOLD & For personal use only BASE METAL DISCOVERY Arrowhead Prospect: Discovery hole ESA023 intersected 10m @ 1.1 g/t Au from 44 – 54m, including 2m @ 2.1 g/t Au, 2.5 g/t Ag, 0.26% Zn, 0.14% Pb from 50-52m Mineralisation generally increases with depth in basement Hole ESR029 1.6 g/t
Slide 14: Empress Springs Gold & Base Metal Discovery
EMPRESS SPRINGS GOLD & For personal use only BASE METAL DISCOVERY Arrowhead Prospect: Discovery hole ESA023 intersected 10m @ 1.1 g/t Au from 44 – 54m, including 2m @ 2.1 g/t Au, 2.5 g/t Ag, 0.26% Zn, 0.14% Pb from 50-52m Mineralisation generally increases with depth in basement Hole ESR029 1.6 g/t
Slide 15: Empress Springs Significant Land Acquisition
EMPRESS SPRINGS SIGNIFICANT For personal use only LAND ACQUISITION Review by world-renowned geologist Dr Jon Hronsky (OAM) has significantly upgraded potential for major mineral discoveries at Empress Springs Gold Project following exceptional drill results from Moho’s maiden reconnaissance drill pr
Slide 16: Empress Springs Review by Dr Hronsky
EMPRESS For personal use only SPRINGS REVIEW BY DR HRONSKY Distinctive ring structure interpreted as caldera margin Suggests Empress Springs area was major magmatic centre for the Croydon mineralising event 16
Slide 17: Silver Swan North (WA) Au/Ni Project
SILVER SWAN NORTH (WA) For personal use only Au/Ni PROJECT Pre-IPO 50km North of Kalgoorlie 56km2 contiguous area Moho owns 100% (1 x EL, 2 x PL, 1 x ELA) Staged earn in to 70% in (1 x ML, 1 x EL) by expending $1m by June 2025 – (Stage 1, 51% equity achieved) Extensive Au mineralisation, including h
Slide 18: What has Moho achieved at Silver Swan North since IPO?
WHAT HAS MOHO ACHIEVED AT SILVER SWAN NORTH SINCE IPO? For personal use only Silver Swan, WA – Drilling confirmed a number of gold zones at different depths, and extended known gold mineralisation to 220m along strike Best intersection of 3.0 m @16.3 g/t Au from 100m, including 1.0 m @ 42.6 g/t Au i
Slide 19: Silver Swan North Gold Results
SILVER SWAN NORTH GOLD RESULTS For personal use only 19
Slide 20: Silver Swan North – Nickel Sulphide Exploration
SILVER SWAN NORTH (WA) – For personal use only NICKEL SULPHIDE EXPLORATION Moho is targeting potential high-grade nickel sulphide (NiS) mineralisation similar to that at nearby Silver Swan nickel mine Maiden nickel sulphide drill program for ~1000m of RC drilling to commence in early March 2019 Five
Slide 21: Silver Swan North – NiS Exploration
SILVER SWAN NORTH (WA) - For personal use only NiS EXPLORATION Three EM anomalies on E27/528 - near historical RC drill hole SNRC008: 5m of sediment intersected from 255m containing 10-40% sulphides (up to 0.1% Ni) before ending in ultramafic rocks downhole EM survey detected large, late time off-ho
Slide 22: Emerging Gold-Rich Greenstone Belt – Burracoppin Project
EMERGING GOLD-RICH GREENSTONE BELT - For personal use only BURRACOPPIN (WA) PROJECT PRE-IPO Au in soil anomalies in under-explored greenstone belt in BURRACOPPIN Westonia Edna Wheatbelt May Gold Mine One EL (~ 130km2) identified by IGO from Au anomaly from database (cf discovery of giant Tropicana A
Slide 23: What has Moho achieved at Burracoppin since IPO?
WHAT HAS MOHO ACHIEVED AT BURRACOPPIN SINCE IPO? For personal use only Burracoppin, WA – Airborne EM survey completed over E70/4688 Grant of adjoining E70/5154 significantly increases gravity anomalies to be tested In the process of community consultation and negotiating land access and compensation
Slide 24: Burracoppin Project – Exploration Targets
BURRACOPPIN (WA) PROJECT – EXPLORATION TARGETS For personal use only 24
Slide 25: Primed to make Australia's next big discovery
PRIMED TO MAKE AUSTRALIA’S NEXT BIG DISCOVERY For personal use only ✓ Right commodities ✓ Right projects ✓ Right people ✓ Right timing 25
Slide 26: Empress Springs Project Subject to Beneficial Buy Back to Moho
EMPRESS SPRINGS PROJECT SUBJECT TO BENEFICIAL BUY BACK TO MOHO For personal use only On completion of pre-feasibility study (PFS) by Moho on any Mining Lease (ML), IGO may elect to a buy-back with Moho retaining 49% JV Interest in that ML, at IGO’s election: market value based on the average of two
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