Medallion Metal Ltd · ASX:MM8

Medallion Metal — Medallion Metals — Diggers and Dealers Mining Forum 2023

19 slides from Medallion Metal's conference presentation, Aug 8, 2023

  1. Slide 1: ASX announcement: Diggers and Dealers presentation

    8 August 2023 ASX:MM8 Investor Presentation For personal use only Medallion Metals Limited’s Managing Director, Paul Bennett will be presenting at the Diggers and Dealers Mining Forum on Tuesday, 8 August 2023. The presentation to be delivered is attached. This announcement is authorised for release

  2. Slide 2: Capitalising on Critical Mass

    For personal use only Capitalising on Critical Mass Diggers and Dealers Conference Investor Presentation 8 August 2023 ASX: MM8 medallionmetals.com.au |

  3. Slide 3: Important Notices

    Important Notices Nature of Document: This presentation has been prepared and issued by Medallion Metals Ltd (Company) to provide general information about the Company. The information in this document is in summary form and should not be relied upon as a complete and accurate representation of any

  4. Slide 4: Value proposition

    Value proposition BELT SCALE OPPORTUNITY For personal use only Multi-Million Ounce potential, Tier 1 Jurisdiction RESOURCE 1.6Moz AuEq @ 2.6g/t near surface, open DE-RISKED Licences, Approvals, Infrastructure in place, PFS underway DRILLING PROGRAM 54,000m completed for resource growth and discovery

  5. Slide 5: Corporate Overview

    Corporate Overview Corporate structure (ASX: MM8) John Fitzgerald Non-Executive Chair at 4 August 2023 (Pro-forma) Mr Fitzgerald has over 30 years’ resource financing experience and is a Non- Executive Director of Northern Star Limited, a Non-Executive Chairman of Turaco Gold Limited. For personal u

  6. Slide 6: Peer comparison

    Peer comparison EV/Resource ($/oz) Select ASX Peers: At $12/oz (AuEq), Medallion provides significant value relative to ASX WA Gold For personal use only $250/oz Peers, at a peer leading 3.00g/t 2.60g/t Resource grade profile 2.60g/t 2.40g/t 2.50g/t $200/oz 2.10g/t 2.00g/t $150/oz 1.60g/t 1.50g/t 1.

  7. Slide 7: Ravensthorpe Gold Project – critical mass with upside

    Ravensthorpe Gold Project – critical mass with upside MM8 has the dominant landholding across the Annabelle Volcanics  40km of prospective stratigraphy For personal use only  130koz Au and 20kt Cu metal produced  Flotation field, 50:50 value split from Au/Cu  South of RGP, Archaean dips beneath

  8. Slide 8: Kundip Mining Centre – low risk profile, significant upside

    Kundip Mining Centre – low risk profile, significant upside  Not typical of WA goldfields, units (andesites vs basalts), chemistry (calc-alkaline vs tholeiitic)  KMC is a strongly mineralised, multi-deposit, medium For personal use only grade Au-Cu system  Average depth of drilling = 100m, deepes

  9. Slide 9: January 2023 MRE: 19.5Mt @ 2.6g/t for 1.6Moz AuEq

    January 2023 MRE: 19.5Mt @ 2.6g/t for 1.6Moz AuEq 2.5km system strike length & open ~44,000m of new 1.3Moz Au @ 2.1g/t 59kt Cu @ 0.3% 1.6Moz AuEq @ 2.6g/t For personal use only drilling informs MRE +93% +238% +112% Gem Restored Indicated Inferred N Flag Gem Isometric projection of Kundip MRE, lookin

  10. Slide 10: PFS Update: high rates of conversion to mine plan

    PFS Update: high rates of conversion to mine plan Mining Study Fully diluted and 84% Tonnes, 65% Au in 25% Oxide, 10% Trans, completed recovered mine plan Open Pit, SR 8:1 65% Fresh For personal use only Gem Isometric projection of Kundip PFS mining voids, looking down and to the northeast. Gift not

  11. Slide 11: Solid Foundations – Multiple Growth Opportunities

    Solid Foundations STUDIES PFS For personal use only MULTIPLE GROWTH OPPORTUNITIES 1.6Moz AuEq MRE MM8 holds 15.1m shares 4,000ozpvm ++, open & shallowly drilled EXTENSIONS JERDACUTTUP 400km2 sedimentary basin Lode intersections, Proterozoic cover, Confirmed SedEx Multiple isolated ore grade hits, go

  12. Slide 12: A Compelling Opportunity

    A Compelling Opportunity Advanced gold and copper exploration in WA, with ambitions to build a mine For personal use only Focused investment in the assets leading to de-risking and growth Experienced Board and Management in financing, building and operating assets Critical mass achieved at KMC with

  13. Slide 13: Appendices

    For personal use only Appendices medallionmetals.com.au | 12

  14. Slide 14: Appendix 1: RGP Mineral Resources

    Appendix 1: RGP Mineral Resources Mineral Resource Estimate for the Ravensthorpe Gold Project, January 2023 Mineral Resource Estimate for the Kundip Mining Centre - January 2023 Indicated Inferred Total Resources kt Au g/t Au koz Cu % Cu kt kt Au g/t Au koz Cu % Cu kt kt Au g/t Au koz Cu % Cu kt AuE

  15. Slide 15: Appendix 2: Trilogy Mineral Resources

    Appendix 2: Trilogy Mineral Resources Mineral Resource Estimate for the Trilogy Deposit, March 2018 Trilogy - March 2018 Au Ag Cu Pb Zn Au Ag Cu Pb Zn kt g/t g/t % % % koz koz kt kt kt Oxide Indicated 129 2.4 85.3 0.5 - - 10 354 0.6 - - For personal use only Open Pit (Cu_Eq Inferred 336 1.9 71.7 0.1

  16. Slide 16: Appendix 3: Detailed Peer Data

    Appendix 3: Detailed Peer Data Market Cap Cash & Investments Debt Measured Indicated Inferred Total Reserves Development Stage EV Ticker Company (1) (2) (2) (4) (4) (4) (4) (4) Source (5) (3) (A$ Millions) koz g/t koz g/t koz g/t koz g/t koz g/t For personal use only MGV Musgrave Minerals Ltd Resour

  17. Slide 17: Appendix 4: Disclosures

    Appendix 4: Disclosures COMPETENT PERSONS STATEMENT The information in this announcement that relates to Exploration Results is based on, and fairly represents information and supporting documentation prepared by Mr David Groombridge, a Competent Person who is a Member of the Australasian Institute

  18. Slide 18: Achievements & Outlook

    Achievements & Outlook Successful Technical and Commercial Milestones PFS Drilling Complete BFS For personal use only ~ 54,000m of RC & DDH completed ~ Testwork EPA/EPBC Drilling Final Referral KMC Investment H121 H221 H122 H222 H123 EPA/EPBC MRE Decision Drilling Referral update (FID) Listed on GRE

  19. Slide 19: Contact

    For personal use only CONTACT: MAIN OFFICE: @MM8_Medallion info@medallionmetals.com.au Suite 1/11 Ventnor Avenue, medallionmetals.com.au West Perth WA 6005 (08) 6424 8700 PROJECT: 91 Queen Street, Ravensthorpe WA 6346 medallionmetals.com.au |

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