Metalsgrove Mining Limited · ASX:MGA
Metalsgrove Mining — Investor Presentation (April 2025)
13 slides from Metalsgrove Mining's investor presentation, Apr 3, 2025
Slide 1: MetalsGrove expands into Côte d'Ivoire by acquiring gold JV permits
m e t a l s g r o v e.c o m . a u For personal use only MetalsGrove Mining Limited METALSGROVE EXPANDS INTO CÔTÉ D'IVOIRE ASX | MGA BY ACQUIRING GOLD JV PERMITS April 2025 INVESTOR PRESENTATION
Slide 2: Disclaimer
Disclaimer GENERAL INFORMATION ONLY NOT AN OFFER This presentation contains general background information and summary information about This presentation and its contents are not an invitation, offer, solicitation or recommendation with MetalsGrove Mining Limited (ACN 655 643 039) (“MetalsGrove”) a
Slide 3: Acquisition Rationale: The Best Mining Jurisdiction in West Africa
Acquisition Rationale The Best Mining Jurisdiction Country in West Africa • Located in West Africa, shares borders with Liberia and Guinea to the west, Mali and Burkina Faso to the north For personal use only and Ghana to the east. • Matured and stable democracy makes Côté d'Ivoire an attractive Wes
Slide 4: Côte d'Ivoire: Acquisition Rationale
Côté d’Ivoire: Acquisition Rationale • West African craton - world’s largest Proterozoic gold producing region. For personal use only • Numerous prolific Birimian greenstone belts extend through Ghana, Burkina Faso, Mali and Côté d'Ivoire. • The most signifiant gold discoveries include: Obuasi 60Moz
Slide 5: Highly Prospective Gold Exploration JV Permits Acquired
Highly Prospective Gold Exploration JV Permits Acquired • MGA is building a significant project portfolio through acquiring 3 gold exploration Joint For personal use only Venture (JV) permits totally covering over 950 km2 highly prospective Birimian greenstone belts. • Vavoua ：PR454 • Vavoua West ：0
Slide 6: Highly Prospective Gold Exploration JV Assets Acquired
Highly Prospective Gold Exploration JV Assets Acquired • 3 gold exploration JV permits acquired in central west Ivory Coast. For personal use only • Kounahiri West Permit ： 338.48 km2 • Vavoua Permit： 378.25 km2 • Vavoua West Permit：234.31 km2 • 60-110 km NE of the Abujar gold project (3.8Moz) along
Slide 7: Abujar Gold Mine with 3.8 Moz Gold Resources
For personal use only Abujar Gold Mine with 3.8 Moz Gold Resources Source of maps：Tiette Minerals,RIU Explorers Conference 2024 presentation,14 February2024 Page 7 Tiette Minerals ASX announcement,20 January 2022
Slide 8: Vavoua and Vavoua West Permits
Vavoua and Vavoua West Permits • Vavoua and Vavoua West Permits lie 60 km to 90 km NE of Abujar (3.8 Moz) gold mine and covered: For personal use only 378.25 km2 and 234.31 km2 separately; • Immediately south of a neighbor's permit where auger sampling* has defined a gold trend that highly likely ex
Slide 9: Kounahiri West Permit
Kounahiri West Permit • Kounahiri West permit lies between 110 km and 140 km NE of the Abujar (3.8 Moz) gold mine For personal use only and covered 338.48 km2 of highly prospective greenstone-granite terrane. • The imaged aeromagnetic data highlights favourable structural complexity and multiple int
Slide 10: Acquisition Terms Summary
Acquisition Terms Summary MGA (or its nominee) agrees to acquire and Desert Metals Limited (DM1) and its subsidiaries agree to sell the Project Interests free from Acquisition encumbrances for the consideration referred to below. For the avoidance of doubt, at Settlement, MGA will assume all of DM1’
Slide 11: JV Terms Summary
JV Terms Summary Agreement Vavoua Vavoua West Kounahiri West Joint venture party GEMICA GEMICA GEMICA Permit PR454: Under Application 0544DMICM31/03/2022: Under application 0713DMICM27/04/2022: Under Application For personal use only Registered permit holder GEMICA GEMICA GEMICA Annual expenditure d
Slide 12: Corporate Snapshot
Corporate Snapshot CAPITAL STRUCTURE For personal use only Share Price (02/04/2025) 5.3c 52 Week Range 2.3c-10c Total Number of Shares on Issue 105.4m Market Capitalisation A$5.59m Cash Balance (31st Dec. 2024) A$1.89m TOP 5 SHAREHOLDERS Bright Element 11.65% Mrs Hui An 10.43% Fountain Stream 9.49%
Slide 13: Contact
Contact Lijun Yang For personal use only Managing Director E: lijuny@metalsgrove.com.au T: +61 8 9380 6789 Address Level 2 389 Oxford Street Mount Hawthorn, WA 6016 me t a ls grove.com. au Page 13
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