Maritana Minerals Limited · ASX:MRT
Maritana Minerals — Investor Presentation (October 2020)
23 slides from Maritana Minerals's investor presentation, Oct 9, 2020
Slide 1: ASX Announcement: Investor Presentation – Diggers & Dealers 2020
ASX: HRZ ASX ANNOUNCEMENT 9 OCTOBER 2020 INVESTOR PRESENTATION – DIGGERS & DEALERS 2020 Horizon Minerals Limited (ASX:HRZ) (“Horizon” or the “Company”) has today released a presentation which will be provided to investors at the Diggers & Dealers Mining Forum in Kalgoorlie from 12 – 14 October 2020.
Slide 2: Diggers & Dealers Mining Forum October 2020
OCTOBER 2020 DIGGERS & DEALERS MINING FORUM
Slide 3: Disclaimer and Important Notices
DISCLAIMER AND IMPORTANT NOTICES Nature of Document expressions. Forward looking statements, opinions and estimates included in this Presentation are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based
Slide 4: About Horizon: Gold Producer, Explorer, Developer and Partner
ABOUT HORIZON GOLD PRODUCER, EXPLORER, DEVELOPER AND PARTNER Horizon Minerals Limited is an emerging mid-tier gold producer with high quality projects located in the heart of the West Australian goldfields. The Company is led by a Board and Management team with deep experience developing and operati
Slide 5: Corporate Snapshot
ABOUT HORIZON CORPORATE SNAPSHOT $0.20 6,000,000 Board and Management 1 $0.18 5,000,000 $0.16 Ashok Parekh, Chairman Chairman $0.14 4,000,000 $0.12 Peter Bilbe Non-Executive Director $0.10 3,000,000 $0.08 Jon Price Managing Director $0.06 2,000,000 $0.04 1,000,000 Grant Haywood Chief Operating Offic
Slide 6: Project Overview
ESTABLISHED RESOURCES WITH WIDESPREAD GROWTH POTENTIAL PROJECT OVERVIEW • Large +850km2 land holding in heart of WA goldfields • 100% owned and operated by Horizon Minerals • All tenure in close proximity to all necessary infrastructure and services • Landholding covers major regional geological str
Slide 7: Our Path to Growing a Sustainable and Profitable Mid-Tier Gold Producer
OUR PATH TO GROWING A SUSTAINABLE AND PROFITABLE MID-TIER GOLD PRODUCER STRATEGIC BOORARA1 Targeting initial 4-5 mine life OBJECTIVE: Resource 16.45 mt @ 0.97 g/t Au for 507koz based on a standalone processing solution with Boorara providing base load Initial 4-5yr mine Mine Open pit / feed suppleme
Slide 8: Boorara Gold Project
PRIME LOCATION FOR BASELOAD DEPOSIT AND FUTURE MILL SITE BOORARA GOLD PROJECT • Located 10km east of Kalgoorlie and adjacent to the Super Pit gold operation • Excellent width and grade across all three deposits (Royal, Crown Jewel and Regal) with ore starting at surface • Mineral Resource Estimate o
Slide 9: Boorara Geology
HIGH GRADE MAIN DOLERITE ZONE AND MULTIPLE HIGH-GRADE FLAT LYING VEIN ARRAYS BOORARA GEOLOGY 8
Slide 10: Boorara Upside
OPEN TO THE NORTH, SOUTH AND AT DEPTH BOORARA UPSIDE • Boorara project area has multi-million ounce potential through extension drilling for both open cut and underground mine development 1 • Up to 15,000m of drilling planned in FY21 to test a range of resource extension and discovery targets: • Res
Slide 11: Rose Hill Deposit
HIGH-GRADE FEED FOR CENTRALISED PROCESSING FACILITY ROSE HILL DEPOSIT • Acquired as part of the asset swap completed with Northern Star in late 2019 • Located east of Coolgardie and 45km from Boorara • Mineral Resource of 95koz grading 2.5g/t Au1 • Demonstrated open pit (>2.5g/t) and underground (>4
Slide 12: Binduli Deposit
HIGH-GRADE FEED FOR CENTRALISED PROCESSING FACILITY BINDULI DEPOSIT • Located west of Kalgoorlie and 20km from Boorara • Mineral Resource of 74koz grading 1.8g/t Au1 • RC and diamond drilling underway • Excellent metallurgy with test work recoveries over 95% with a high gravity component1 • Targetin
Slide 13: Teal Gold Camp
POTENTIAL FOR MULTIPLE OPEN CUT MINES TEAL GOLD CAMP • Located 20km north west of Boorara • Mineral Resource of 289,000oz grading 2.1g/t Au 1 • Up to four parallel mineralised structures open along strike and at depth • Successfully mined Teal Stage 1 and 2 open cut generating A$7m cash in 2017-2018
Slide 14: Largest Ever Drilling Program
70,000M OF DRILLING IN FY21 TO GROW RESOURCES AND TEST NEW TARGETS LARGEST EVER DRILLING PROGRAM • Initial focus is reserve generation and resource growth • Four rigs currently on site drilling across the portfolio • More than 15 high priority new discovery targets identified June 2021 Reserve gener
Slide 15: Upcoming Milestones
A RAPIDLY EMERGING MID-TIER PRODUCTION BUSINESS UPCOMING MILESTONES PHASE Q3 CY20 Q4 C Y20 Q1 CY21 Q2 CY21 Q3 CY21 Q4 CY21 Q1 CY22 Q2 CY22 Q3 CY22 BOORARA STAGE 1 Trial - Mining mining - Toll milling Drilling program 70,000m drilling program Resource updates Feasibility study DFS Project financing P
Slide 16: Partner and Royalty Holder
GOLD ROYALTIES, INVESTMENTS AND NON-GOLD PROJECT EXPOSURE PARTNER AND ROYALTY HOLDER Nanadie Well (Cyprium Metals ASX:CYM) Richmond Vanadium Project • Recently divested for $1.5m in cash and shares • 25% JV interest • 45km2 in the Murchison region • Located in North Queensland • Focused on gold, cop
Slide 17: Horizon Value Proposition
WA goldfields Exciting exploration potential Large tenement holding in the heart of FY21 drill program for 70,000m to the Western Australian goldfields grow resources and make new surrounded by all required services discoveries to drive high news flow WHY HORIZON? HORIZON Highly experienced Board VA
Slide 18: Appendix: Board and Management
BOARD AND MANAGEMENT APPENDIX 17
Slide 19: Leadership Team
175+ YEARS COMBINED EXPERIENCE OPERATING IN THE WA GOLDFIELDS LEADERSHIP TEAM Ashok Parekh, Non-Executive Chair Peter Bilbe, Non-Executive Director • Chartered accountant with over 40 years’ experience who owns a large Accounting • Mining Engineer with over 40 years’ experience Practice in Kalgoorli
Slide 20: HRZ JORC Resource Statement
HRZ JORC RESOURCE STATEMENT Horizon Minerals Limited – Summary of Gold Mineral Resources (at a 1g/t Au cut-off grade) Project Cut-off Measured Indicated Inferred Total Resource Grade Mt Au (g/t) Oz Mt Au (g/t) Oz Mt Au (g/t) Oz Mt Au (g/t) Oz Teal 1.0 1.01 1.96 63,681 0.80 2.50 64,458 1.81 2.20 128,
Slide 21: MRP Resource Statement
MRP RESOURCE STATEMENT Boorara Gold Resource (at a 0.5 g/t Au cut-off grade) Nimbus All Lodes (bottom cuts 12 g/t Ag, 0.5% Zn, 0.3 g/t Au) Category Tonnes Grade Ounces Category Tonnes Grade Grade Grade Ounces Ounces Tonnes Mt Au (g/t) (k'000) Ag Au Mt Ag (g/t) Au (g/t) Zn (%) (k'000) (Moz's) (k'000)
Slide 22: Forward Looking and Cautionary Statement
FORWARD LOOKING AND CAUTIONARY STATEMENT • As noted on Slide 2, some statements in this Presentation regarding estimates or future events are forward looking statements. They include indications of, and guidance on, future earnings, cash flow, costs and financial performance. Forward looking stateme
Slide 23: Contact
Jon Price Managing Director CONTACT T: +61 (08) 9386 9534 CONTACT E: admin@horizonminerals.com.au PO Box 1104 Nedlands WA 6909 163 Stirling Highway Nedlands WA 6009 www.horizonminerals.com.au 22
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