Metalsgrove Mining Limited · ASX:MGA
Metalsgrove Mining — Investor Presentation (July 2022)
21 slides from Metalsgrove Mining's investor presentation, Jul 12, 2022
Slide 1: Investor Presentation July 2022
For personal use only Investor Presentation July 2022 www.metalsgrove.com.au ASX Code: MGA Critical Metals Exploration and Development
Slide 2: Disclaimers
Disclaimers GENERAL INFORMATION ONLY For personal use only This presentation contains general background information and summary information about MetalsGrove Mining Limited (ACN 655 643 039) (“MetalsGrove”) and its activities as at the date of this presentation. DISCLAIMER None of the members of Me
Slide 3: Corporate Snapshot
Corporate SNAPSHOT For personal use only CAPITAL STRUCTURE Initial public offer price per share A$0.20 Gross proceeds of initial public offer A$6.40M Total number of shares at listing 52,710,000 Market capitalisation at listing A$10.50M Net cash A$6.30M Implied enterprise value at listing at A$0.20
Slide 4: Founder and Board Members
Founder and Board Members For personal use only Mr. Richard Beazley Mr. Sean Sivasamy Mr. Haidong Chi Non-Executive Chairman Managing Director and CEO Non-Executive Director Founder and Director of both Altair Mining Consultancy and Mr Sivasamy is a mining professional more than 25 years of global M
Slide 5: Investment Highlights - Critical Mineral Explorer
Investment Highlights-Critical Mineral Explorer For personal use only 1. Focused on GREEN METAL exploration and development including BATTERY and RENEWABLE ENERGY market. 2. Advanced portfolio targeting lithium, rare earth, copper, manganese, gold and base metal resources. 3. Aggressive work program
Slide 6: Critical Metals Portfolio Summary
Critical Metals Portfolio Summary For personal use only LITHIUM AND TIN RARE EARTH ELEMENTS COPPER-GOLD & BASE METALS MANGANESE Upper Coondina Project is a high- Bruce and Box Hole are located in The projects of the Arunta are the Woodie Woodie North Manganese quality lithium, tin and tantalum the A
Slide 7: Upper Coondina: Lithium, Tin and Tantalum
Upper Coondina: Lithium, Tin and Tantalum For personal use only • Location: located 85 km south-west of Marble Bar in the East Pilbara district. • Size: Approximately 6,365 ha (E45/5952). • Interest: 100%. • CSR identified simple pegmatite veins as the sources of the tin. • Potential to establish ec
Slide 8: Upper Coondina: Lithium, Tin and Tantalum
Upper Coondina: Lithium, Tin and Tantalum For personal use only Pegmatite Outcrop Pegmatite Outcrop • Surface geochemistry and geophysical survey programs commencing imminently. www.metalsgrove.com.au Page 8
Slide 9: Critical Metals Demand Surging
Critical Metals Demand Surging For personal use only Lithium is a key raw material for batteries, with price projected to rapidly increase in the coming years. www.metalsgrove.com.au Page 9
Slide 10: Arunta Project: Rare Earth, Base Metal, Copper-Gold
Arunta Project: Rare Earth, Base Metal, Copper-Gold For personal use only • Project: Arunta Project-Northern Territory. • Location: 110 km north of Alice Springs. • Size: Approximately 320 km2 (EL32420, EL31225 and EL32419). • Interest: 100%. • Access: Via Stuart and Plenty Highways. • Well connecte
Slide 11: Bruce: Rare Earth Target
Bruce: Rare Earth Target For personal use only • Project (EL31225) covers an area of 127 km². • Shallow historic workings along the main quartz vein. • Two previous drill traverses partially tested central portion of vein system. • Interconnected gossanous quartz veins extend for over 1km within sed
Slide 12: Critical Metals Demand Surging
Critical Metals Demand Surging For personal use only Rare earth elements are key metals for high-tech applications, including permanent magnets, which have widespread potential, especially in the technology and electric vehicle sectors. Source: https://www.gisreportsonline.com/r/rare-elements-demand
Slide 13: Bruce: Copper-Gold Target
Bruce: Copper-Gold Target For personal use only Significant Copper- Gold Potential • Rock chip samples taken by the Northern Territory Geological Survey assayed 53 g/t Au and 1.70% Cu. • Recent geological mapping located ferruginous gossanous quartz vein assay returned values up to 15.26 g/t Au and
Slide 14: Box Hole: Rare Earth and Base Metals
Box Hole: Rare Earth and Base Metals For personal use only • Project (EL32419) covers an area of 127 km² located approximately 250 km northeast of Alice Springs in the Northern Territory. • CSIRO generated 3D geological model was developed to assist exploration targeting. • Prospective for large ton
Slide 15: Edwards Creek: Copper and Gold
Edwards Creek: Copper and Gold For personal use only • Edwards Creek Project (EL-32420) covers 76 km². • Newly discovered malachite stained ironstone unit returned a maximum value of 0.81% Cu. www.metalsgrove.com.au Page 15
Slide 16: Edwards Creek: Copper and Gold
Edwards Creek: Copper and Gold For personal use only • DD80EC1 drilled by CRAE in 1980s intersected 4.5m @ 2.25% Cu, 0.11% Pb, 1.54% Zn, 0.14 g/t Au from 47m. • DD81EC2 drilled by CRAE in 1980s intersected 18.6m @ 0.22% Cu, 0.17% Pb, 0.49% Zn, 0.14 g/t Au from 44.3m. www.metalsgrove.com.au Page 16
Slide 17: Woodie Woodie North: Manganese
Woodie Woodie North: Manganese For personal use only • Project: Woodie Woodie North (Ripon Hills) – Western Australia. • Location: Situated in the East Pilbara region of Western Australia approximately 400 km south of Port Hedland and 95 km east of Marble Bar. • Size: Approximately 14,400 ha (E45/59
Slide 18: Critical Metals Demand Surging
Critical Metals Demand Surging For personal use only Source: https://cleanenergynews.ihsmarkit.com/research-analysis/energy-transition-demands-a-critical-minerals-supply-chain-tra.html www.metalsgrove.com.au Page 18
Slide 19: Near-Term Catalysts
Near-Term Catalysts ✓ Priority focus on rapidly advancing Upper Coondina Lithium Project and Bruce Rare Earth Prospect For personal use only ✓ Leverage previous exploration/mining activity to fast-track project development ✓ As illustrated below, multiple work programs planned for remainder of 2022
Slide 20: Contact Details
Contact Details For personal use only REGISTERED OFFICE 6/123a Colin Street West Perth WA 6005 CONTACT DETAILS www.metalsgrove.com.au info@metalsgrove.com.au T: +61 8 6388 2725 Share registry AUTOMIC PTY LTD Level 2, 267 St Georges Terrace Perth WA 6000 1300 288 664 (within Australia) +61 2 9698 541
Slide 21: References
References Third party exploration results referred to in this presentation were first announced in the following ASX releases: For personal use only 1. TNG Limited’s (ASX:TNG) ASX announcement “Mount Peake Resource Drilling Update” dated 8 February 2013 (referred to on slide 10). 2. Verdant Mineral
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