Medallion Metal Ltd · ASX:MM8
Medallion Metal — Medallion Metals — Gold Coast Investment Showcase 2021
25 slides from Medallion Metal's conference presentation, Jun 22, 2021
Slide 1: Conference Presentation announcement
For personal use only 22 June 2021 ASX:MM8 Conference Presentation Medallion Metals Limited (the “Company”) will be participating in the upcoming Gold Coast Investment Showcase (“Conference”) to be held 23-25 June 2021. Managing Director Paul Bennett will provide an update on the progress of the 32,
Slide 2: Advanced Exploration for High Grade Gold & Copper in Western Australia
For personal use only ADVANCED EXPLORATION FOR HIGH GRADE GOLD & COPPER IN WESTERN AUSTRALIA Investor Presentation June 2021 1
Slide 3: Investment Highlights
Investment Highlights RAVENSTHORPE GOLD PROJECT (RGP) LARGE SCALE OPPORTUNITY IN TIER 1 JURISDICTION MM8 controls 40km of prospective stratigraphy with an established resource base and multiple regional For personal use only 1 discovery opportunities Outstanding access and local infrastructure,
Slide 4: Corporate Overview
Corporate Overview Corporate structure (ASX: MM8) Board For personal use only Shares 169.7m Non-Executive Chair John Fitzgerald Share price $0.30 Managing Director Paul Bennett Market cap $50.9m Non-Executive Director Anthony James Options 33.2m (29.0m @ $0.35, 4.2m @ $0.01) Non-Executive Director E
Slide 5: Peer Comparable Analysis
Peer Comparable Analysis At $65/oz, Medallion represents substantial value relative to ASX WA Gold Peers EV/Resource ($/oz) Select ASX Peers For personal use only $350/oz $300/oz $288/oz $250/oz $220/oz $200/oz $172/oz $151/oz $149/oz $150/oz $101/oz $100/oz $85/oz $81/oz $78/oz $71/oz $70/oz $69/oz
Slide 6: Ravensthorpe Gold Project – building critical mass
Ravensthorpe Gold Project – building critical mass MM8 has a dominant landholding MM8 holds ~40km of prospective stratigraphy For personal use only (Annabelle Volcanics bounding Ravensthorpe Tonalite) known to host Kundip style gold mineralisation (+/- Cu, Ag) Historical production ~ 128koz Au a
Slide 7: Largest RGP Drill Program Underway
Largest RGP Drill Program Underway 44 years, 120kms drilling, mostly RC, average 2.7km per year For personal use only Now Trilogy - 1997 Development, not resource growth RGP focus Fragmented ownership Discover Trilogy in 1997, Tectonic acquire Barrick’s share of JV. RAV8 Competing Priorities MRE, FS
Slide 8: Ravensthorpe Gold Project – extension of known resources
Ravensthorpe Gold Project – extension of known resources Project value leveraged to resource/mine life extension Data density and metal endowment 1 Deposits open at depth and along strike Ounces Per Vertical Meter (OPVM) (JORC resource For personal use only > 0.5 g/t Au) OPVM correlated to data
Slide 9: Ravensthorpe Gold Project – near mine discovery
Ravensthorpe Gold Project – near mine discovery Project value leveraged to resource growth For personal use only Multiple ore grade bedrock intersections at Gem Restored, Gift, Lonestar, May, Flag offsets Historical shafts/workings with no drill testing beneath 75koz Au (@18g/t) historical pro
Slide 10: Gem Restored
Gem Restored OUTSIDE CURRENT MRE First 22 RC holes, length weighted average For personal use only grade 3.6g/t Au (above 1g/t cut off) Main Lode up to 6m wide, continuous over 500m strike, max depth 150m 915 (assays pending) & 929 identify possible new mineralised structure Massive sulphides
Slide 11: RGP Work Program to drive news flow
RGP Work Program to drive news flow 26,000m drilling advancing within the Kundip development envelope 1 alone (30,000m total across RGP) For personal use only Program commenced on 14 April: 161 holes, average depth 162m, max 2 depth 465m (at HVN) 9,597m completed at 16 June, assays pending, signific
Slide 12: Ravensthorpe Gold Project – Mineralogy
Ravensthorpe Gold Project – Mineralogy Analogy to Deflector For personal use only Deflector basis of development Deflector South-West exploration development face (SLR: ASX announcement 5 June 2020) Source: SLR Denver Gold Forum Presentation (SLR: ASX 21 September 2020) Evidence suggests RGP analo
Slide 13: Strategic focus on Au-Cu
Strategic focus on Au-Cu RAV8 divestment & Royalty buy-back For personal use only Divestment of Ni tenements and Ni rights over ground co-incident with Bandalup Ultramafics. MM8 to hold ~ 15m shares in Nickel28, will seek to be listed on ASX during 2021 (ASX, 21 May 2021) Purchased Essential Met
Slide 14: Jerdacuttup Project - Polymetallic
Jerdacuttup Project - Polymetallic Pb, Zn, Cu, Ag, Au (SedEx) (VHMS) Argonaut engaged as financial advisor to For personal use only identify new investors for Jerdacuttup 400km2 land package covering the Proterozoic Mt Barren sediments prospective for SedEx deposits & Archean Hatfield formation
Slide 15: Investor Value Proposition
Investor Value Proposition For personal use only 1 Established 0.7Moz Au resource, significant Cu credit, shallow, open, with multiple growth options 32,000m drill program underway to expand known resources and advance regional belt scale 2 opportunity Well governed, well managed 3 4 Attractively va
Slide 16: Appendices
For personal use only Appendices 15
Slide 17: Board of Directors
Board of Directors PAU L B E N N E T T Managing Director Mr Bennett is a Mining Engineer with an MBA who has extensive experience in the operation, For personal use only development and financing of resource companies and projects over a 25-year period. He has worked in technical, management and bus
Slide 18: Appendix 1: Ravensthorpe Gold Project Feasibility Study Outcomes
Appendix 1: Ravensthorpe Gold Project Feasibility Study Outcomes Robust base case (A$2,173/oz Au), returns significantly enhanced at spot Cut-off Indicated Inferred Total Units Base Spot grade Project physicals For personal use only kt Au (g/t) Au (koz) kt Au (g/t) Au (koz) Kt Au (g/t) Au (koz) (g/t
Slide 19: Appendix 2: Detailed Peer Data
Appendix 2: Detailed Peer Data Peer Comparable Data For personal use only Mineral Resource3 Market Mineral Resource3 Mineral Resource3 Mineral Resource3 Ore Reserves3 Ore Reserves3 Cash2 Debt2 Enterprise Value (M&I only) (cont Ticker Company Capitalisation1 (cont. Au) (grade) (M&I only) (grade) (con
Slide 20: Appendix 3: Kundip Mining Centre, Resources & Reserves
Appendix 3: Kundip Mining Centre, Resources & Reserves Mineral Resource Estimate for the Kundip Deposits (Kaolin – December 2019, Harbour View & Flag – June 2020), Ravensthorpe Gold Project Indicated Inferred TOTAL For personal use only Deposit Cut-off (g/t) Tonnes Ounces Tonnes Ounces Tonnes Ounces
Slide 21: Appendix 4: Trilogy Mineral Resource Estimate
Appendix 4: Trilogy Mineral Resource Estimate Au Ag Cu Pb Zn Au Ag Cu Pb Zn Trilogy - March 2018 kt g/t g/t % % % koz koz kt kt kt Ind 129 2.4 85.3 0.5 - - 10 354 0.6 - - For personal use only OC Ox Inf 336 1.9 71.7 0.1 - - 21 774 0.3 - - (CuEq > 0.5%) Ind 4,476 0.8 52.5 1.4 2.8 1.6 121 7,556 62.0 1
Slide 22: Appendix 5: Regional Growth Opportunities within RGP
Appendix 5: Regional Growth Opportunities within RGP Overview Best Intersections / Planned Work Program 1 AC18AP019 from 12m: 1m @ 6.2g/t Au Advanced target situated 2km north of Kundip mining AC18AP001 from 4m: 1m @ 3.4g/t Au For personal use only centre AC18AP040 from 17m: 5m @ 1.6g/t Au &
Slide 23: Appendix 6: Competent Person Statement
Appendix 6: Competent Person Statement EXPLORATION RESULTS For personal use only The information in this announcement that relates to exploration results is based on information compiled by Mr David Groombridge, a Competent Person who is a Member the Australasian Institute of Mining and Metallurgy (
Slide 24: Appendix 7: Important notice and disclaimer
Appendix 7: Important notice and disclaimer This presentation has been prepared by Medallion Metals Ltd (ABN 89 609 225 023) (Company or Medallion Metals or Medallion or Group). This presentation contains summary information about the Company, its subsidiaries and the entities, businesses and assets
Slide 25: Questions & further information
Questions & further information For personal use only C O N TA C T Stephen Moloney, Investor Relations stephen@corporatestorytime.com MAIN OFFICE Suite 1/11 Ventnor Avenue, West Perth WA 6005 PHONE (08) 6424 8700 EMAIL info@medallionmetals.com.au www.medallionmetals.com.au FOLLOW US @MM8_Medallion
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