Metal Bank Ltd · ASX:MBK
Metal Bank — Investor Presentation (April 2019)
19 slides from Metal Bank's investor presentation, April 2019
Slide 1: Eyes Firmly on the Big Prize
EYES FIRMLY ON THE BIG PRIZE APRIL 2019 ASX: MBK
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: The Opportunity
Metal Bank Limited The Opportunity Experienced management team skilled in the early recognition of high quality assets Bulk tonnage targets with multi-million- ounce potential Track record of taking exploration opportunities through to development 18Moz Gold Province 3
Slide 4: The Assets
Metal Bank Limited The Assets 8 Mile Project – Overlooked gold system with new bulk tonnage gold targets defined near Mt Rawdon gold mine (2Moz) Triumph Project – Extensive shallow high-grade gold system with deeper bulk tonnage targets Eidsvold Project – First Mover opportunity to test concea
Slide 5: Mile Project: Recognising opportunities early
8 Mile Project Recognising opportunities early Large-scale gold targets identified near Mt Rawdon gold mine (2Moz), overlooked by modern exploration. 5
Slide 6: Mile Project: 'big system' potential
8 Mile Project ‘big system’ potential Eastern Target Historical shallow drilling intersected broad low- grade gold mineralisation (‘open’) on two areas 2km apart 22m @ 0.7g/t Au from surface 38m @ 0.46g/t Au from 14m The latest intrusion related gold exploration technology will now be applie
Slide 7: Triumph Project: early opportunity recognition
Triumph Project 1st Milestone - early opportunity recognition Large Gold System concealed by thin cover sediments - Not Recognised Before Cover sediments Our greenfields exploration success saw a 1km2 Cover sediments historical goldfield turn into a 15km2 gold system mostly under shallow cover 16g/t
Slide 8: Triumph Project: intersecting near-surface gold
Triumph Project 2nd Milestone - intersecting near-surface gold Six drill discoveries in 2 yrs • Gold intersected is typical of outer halo or leakage above large intrusion related gold deposits Priority bulk tonnage gold targets 8
Slide 9: Eidsvold Project: First Mover Opportunity
Eidsvold Project First Mover Opportunity Targeting breccia style gold mineralisation similar to Mt Leyshon or Kidston gold mines in Qld Priority geophysical targets (EM and magnetics) identified under sediment cover adjacent to 100,000oz historical goldfield Magnetic low Resistivity low (EM) P
Slide 10: Experience driven success
Metal Bank Limited Experience driven success Discovery Inés Scotland Financing Tony Schreck Chair Development Managing Director M&A Guy Robertson Trevor Wright Executive Director Exploration Manager Sue-Ann Higgins Company Secretary 10
Slide 11: Corporate Overview
Corporate Overview Metal Bank Limited ASX: MBK 12 month share chart Shares 881.6M Options @ 3c 167.8M Share price @ 01 April 1.0c Cash @ 30 Dec $2.1M Market cap $9M Top 20 shareholders 55% Strong shareholder support Directors / Management 22% Skin in the game 11
Slide 12: Quality Projects
Quality Projects Key value drivers 8 Mile Project Exciting large gold system defined near Mt Rawdon gold mine. Immediate exploration priority. IP geophysics planned prior to drilling. Triumph Project Closing in on the bulk tonnage gold systems driving the extensive near surface high-grade gold miner
Slide 13: Looking Ahead
Looking Ahead Project execution and new opportunities Positioned for Growth (organic and acquisition) Considering new growth opportunities with focus on advanced projects and cash-flow generating assets 13
Slide 14: Contact us
Metal Bank Limited contact us ASX Code: MBK www.metalbank.com.au Tony Schreck Managing Director +61 419 683 196 tony@metalbank.com.au Looks like a fair amount of overtime may be called for here, Wilson “Go out and find me 100,000oz Au….. ……….and then grow it to 10Moz Au” 14
Slide 15: Appendix
Appendix 15
Slide 16: Triumph Project: priority bulk tonnage targets
Triumph Project priority bulk tonnage targets 16
Slide 17: Advance Prospect: Metal zoning towards targets
Advance Prospect Metal zoning towards targets 17
Slide 18: Mt Wright Deposit in Nth Qld
Mt Wright Deposit in Nth Qld discovery using metal zoning Zn-Ag-(Au) 200m Au-Bi-Cu-Ag Mt Wright Gold Deposit 1.3M Oz 600m Au-Bi-Cu 1000m From Resolute Mining 2016 - Mt Wright Gold Mine 18
Slide 19: Intrusion related gold systems (IRGS) deposit styles
Metal Bank Limited intrusion related gold systems (IRGS) 8 Mile Deposit Styles Many large gold mine examples in Eastern Australia and SE Qld Potential to form giant deposits (Tier 1) Spectrum of overlapping deposit styles and structural settings - High-grade to bulk tonnage 19