Midas Minerals Limited · ASX:MM1
Midas Minerals — Investor Presentation (October 2021)
16 slides from Midas Minerals's investor presentation, Oct 12, 2021
Slide 1: Building Momentum in Western Australian Exploration
For personal use only MIDAS MINERALS LIMITED Building Momentum in Western Australian Exploration Investor Presentation | 12 October 2021 Further details are available on the website. ASX: MM1
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer Midas Minerals Limited ACN 625 128 770 (Midas or the Company) is the issuer of this presentation. Competent Person Statement For personal use only The information in this presentation that relates to Exploration Targets, Exploration Results and Mineral Resources for
Slide 3: Investment Highlights
Investment Highlights For personal use only Projects Immediate Work Plan Corporate Three highly prospective Western All projects have drill ready targets Cash reserves ~$8M Australian projects based on prior exploration Low Enterprise Value of ~$4M Targeting gold and base metals Projects
Slide 4: Project Overview
Project Overview Focussed on the discovery of gold, PGE, nickel, copper and base metal minerals For personal use only Three projects located in the Goldfields regions of Western Australia with geological settings suitable for hosting large mineral deposits Weebo Gold Project - 453km2 - signifi
Slide 5: Corporate Structure
Corporate Structure EQUITES ON ISSUE For personal use only Share Price $0.18 Shares on issue 63,977,134 SHAREHOLDERS Board and Options on issue (exercisable at $0.20 - $0.25) 3,600,000 management, 9% Shares Escrowed 10,979,009 VALUATION Top 20, 44% Cash at 7/09/2021 ~$8.0m Market capitalisation (und
Slide 6: Experienced Board and Management Team
Experienced Board and Management Team Extensive experience in the resources sector with a proven track record For personal use only Sara Kelly Nick Katris Michael Naylor Mick Wilson Non - Executive Chair Executive Director Non-Executive Director Non-Executive Director Ms Kelly has significant transa
Slide 7: Exploration Consultant
Exploration Consultant Leading exploration for Midas’ highly prospective projects For personal use only Midas Minerals has engaged* highly respected industry veteran Mr. Mark Calderwood, as an advisor on the exploration strategy for Midas’ projects, Weebo, Challa and Sunset. He was instrumental in t
Slide 8: Weebo Gold Project
Weebo Gold Project Highly prospective gold project in tier-1 mining jurisdiction For personal use only Located near Leinster, Western Australia 60km strike of Yandal greenstone belt along strike to the north of Thunderbox (15km), Otto Bore (4km) and Tom’s Well (<1km) Located between Northern S
Slide 9: Weebo Gold Project
Weebo Gold Project Prior, wide spaced, drilling completed between 1994 and For personal use only 2002, broadly defined anomalous gold mineralisation along shears extending north of Thunderbox and Otto Bore. Drilling of Otto, Ockerburry and Scone Stone has commenced 12,500m AC and RC drill prog
Slide 10: Weebo Exploration Strategy
Weebo Exploration Strategy Immediate work program planned to accelerate exploration at Weebo For personal use only The Weebo project has the right geology and structural setting to host large gold deposits. Limited prior work has also confirmed ‘smoke’. Initial exploration is reasonably wide spa
Slide 11: Challa Gold, Nickel-Copper-PGE Project
Challa Gold, Nickel-Copper-PGE Project Prospective for gold, base metals and lithium For personal use only Two ELs and three EL applications totalling 860km2 Covering a large portion of the Windimurra Igneous Complex (WIC) east of Mt Magnet which contains Australia’s largest layered ultramafic-m
Slide 12: Challa Exploration Strategy
Challa Exploration Strategy Exploration focus under-explored mineralised areas For personal use only In early November 2021 a Helicopter EM survey, the VTEM Max system will be “Windimurra layered intrusive complex is one of the largest in the World, undertaken on a 133km2 portion of the WIC on the C
Slide 13: Pipeline of Exploration and Newsflow
Pipeline of Exploration and Newsflow For personal use only Weebo Sunset Well Ockerburry Sunset Drill Ready Scone Stone Otto North Weebo Challa Samuel East, West Killarney, Au Pre-Drill Wheel of Fortune Wondinong, PGE Definition Sholl’s Windsor - Milgoo, Au-Cu West Scone John
Slide 14: Investment Highlights
Investment Highlights For personal use only Leveraged to success A low enterprise value of just ~$4M and market capitalisation of $11.5M The projects are neighbouring large, gold, nickel, and base metal deposits within the Yilgarn Craton Located in the WA goldfields with excellent infrastructu
Slide 15: Contact Us
CONTACT US: Non-Executive Chair – Sara Kelly Executive Director – Nick Katris For personal use only Ground Floor, 24 Outram St, West Perth, WA 6005 T: +61 8 6383 6595 E: info@midasminerals.com W: www.midasminerals.com INVESTOR RELATIONS NWR Communications Nathan Ryan M: +61 420 582 887 E: nathan.rya
Slide 16: Appendix References
Appendix 1 References For personal use only Midas Minerals ASX release “Prospectus 3/9/21”. Midas Minerals ASX release 14/9/21 ‘’Drilling to commence as Weebo’’. Midas Minerals ASX release 29/9/21 ‘’Midas Commences Drilling at Weebo’’. Northern Star Resources Limited ASX release 13/9/21 ‘’In
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