Metal Bank Ltd · ASX:MBK
Metal Bank — Investor Presentation (April 2016)
18 slides from Metal Bank's investor presentation, Apr 20, 2016
Slide 1: Gold and Copper Projects Eastern Australia Update 2016
GOLD AND COPPE R PROJE CTS E ASTE RN AUSTRALIA UPDATE 2016 APRIL 2016 ASX: M BK
Slide 2: Disclaimer
Disclaimer Purpose of this document This presentation has been prepared by Metal Bank Limited (“MBK") for general information purposes only using the information available to MBK at the time of publication. No reliance The information contained in this presentation is not investment, tax, accounting
Slide 3: Corporate Overview
Corporate Overview Metal Bank Limited 12 month share chart ASX: MBK 0.015 shares 390.5M 0.01 0.005 options 15M share price* $0.005 4M 2M cash at bank** $0.2M market cap $2M Board and Management *as at 19 April 2016 Ines Scotland Chair **as at 31 December 2015 Tony Schreck Executive Director Director
Slide 4: Our Business is Gold and Copper
Our Business is Gold and Copper discovery and development Intrusion Related Gold 18Moz Au district Triumph and Eidsvold Projects centered on historical high grade gold mines Two high grade gold discoveries so far Success via new exploration models
Slide 5: Technical Management Team
Technical Management Team discovery and development track record Inés Scotland (non-executive Chair) Over 25 years in the mining industry – Founding shareholder and MD of Citadel through its massive growth during the discovery/development of the Jabal Sayid copper project in Saudi Arabia and $1.3B
Slide 6: Strategy
Strategy reducing investment risks Target Metal rich provinces Pro mining/development jurisdictions
Slide 7: Triumph Project
Triumph Project discovery of a large gold system Metal rich district +18Moz Au
Slide 8: Triumph Project
Triumph Project strategy paying off Identified an under-explored historical goldfield covering 1km2 – tenure secured 2010 Results now highlight a gold camp extending over 15km2 of which >90% is concealed by shallow cover (<10m) previously not recognised and precluding past exploration Explorat
Slide 9: Triumph Project
Triumph Project limited previous drilling High grade gold skirting the central magnetic low Structural Reconstruction Present Day 4m @ 10.5g/t Au from 31m including 1m @ 20.8g/t Au from 31m (NN06RC07) 1m @ 16.6g/t Au from 15m (NRC-16) Bald Hill Bald Hill 9m @ 3.6g/t Au from 114m including 1m @ 21.8g
Slide 10: Eidsvold Project
Eidsvold Project past production (100,000oz) early 1900’s Metal rich district +18Moz Au
Slide 11: Eidsvold Project
Eidsvold Project fertile intrusive complex 100,000oz historical goldfield hosted by intrusive basement exposed through sedimentary cover Alteration and structural targets defined in a 10km long corridor represent potential intrusive related gold systems Discovery of intrusion related gold mine
Slide 12: Eidsvold Project
Eidsvold Project first mover advantage / opportunity Now opens up 250km2 of virtually unexplored, prospective fertile intrusive complex hosting historical goldfield Large ground holding secured Magnetite destruction an important targeting tool Potential for early success targeting interprete
Slide 13: Mt MacKenzie Project
Mt MacKenzie Project porphyry target
Slide 14: Mt MacKenzie Project
Mt MacKenzie Project Cu-Mo porphyry system Target – bulk tonnage Cu-Mo ± Au system 3D view – Cu soil data Cu-Mo porphyry system defined by 1970’s ‘porphyry copper’ exploration – overlooked by modern gold exploration 100 – 500ppm Cu Cu-Mo typical metal association for many 500 – 1000ppm Cu large
Slide 15: Mt MacKenzie Project
Mt MacKenzie Project prospective metal zonation pattern Gold mineralisation is often found proximal 3D view – Cu soil data to the core in these styles of mineral systems gold target core 100 – 500ppm Cu 500 – 1000ppm Cu 3D view – Mo soil data gold target core from Blevin 2010 Next Steps: Surface s
Slide 16: 2016 Exploration
2016 Exploration forward plan A portfolio of Gold and Copper projects with excellent short to medium term upside Our Business is Triumph Project – Targeting the ‘engine room’ of a large Gold and Copper system – Aircore drilling Q2 Eidsvold Project – ‘First mover’ opportunity on a fertile intrusi
Slide 17: Looking Ahead
Looking Ahead project execution and new opportunities Positioned for Growth (organic and acquisition) A team solidly grounded in project execution and generation – access to a global network and project opportunities
Slide 18: Metal Bank Limited
Metal Bank Limited contact us ASX Code: MBK www.metalbank.com.au Tony Schreck Director 0419 683 196 tony@metalbank.com.au