Metals X Limited · ASX:MLX
Metals X — Investor Presentation (May 2019)
10 slides from Metals X's investor presentation, May 1, 2019
Slide 1: Nifty Copper Operations Reset Plan
CLICK TO EDIT MASTER TITLE STYLE ENABLING THE TECHNOLOGY OF THE FUTURE NIFTY COPPER OPERATIONS RESET PLAN 1 MAY 2019
Slide 2: Nifty Reset Plan – Cautionary Statement & Disclaimer
CLICK RESET NIFTY TO EDITPLAN MASTER – CAUTIONARY TITLE STYLE STATEMENT & DISCLAIMER This Presentation has been prepared by Metals X Limited (“Metals X”, “MLX” or the “Company”). GENERAL DISCLAIMER This Presentation contains summary information about the Company’s activities current as at the date o
Slide 3: Nifty Reset Plan - Highlights
CLICK TO EDIT MASTER TITLE STYLE NIFTY RESET PLAN - HIGHLIGHTS Two-phased plan to deliver a long-term profitable operation Original business case for acquisition is robust Substantial resource base with exploration upside Opportunity to increase production through established processing plant ‘Reset
Slide 4: Geological Opportunity - Resources and Reserves
CLICK TO EDITOPPORTUNITY GEOLOGICAL MASTER TITLE STYLE The substantial geological upside potential at Nifty was one of the main driving factors behind the acquisition in 2016 70,000m of resource definition drilling undertaken to date has successfully expanded the defined mineral resources by 15% and
Slide 5: Geological Opportunity - Resource Extensions
CLICK TO EDITOPPORTUNITY GEOLOGICAL MASTER TITLE- RESOURCE STYLE EXTENSIONS The Reset Plan identified key areas outside of the current Reserve envelope that offer significant upside to extend the mine life including to: Convert further significant portions of the Indicated and Inferred Resources to
Slide 6: The Reset Plan - Overview
CLICK THE RESET TO EDIT PLANMASTER - OVERVIEW TITLE STYLE Key milestones Throughput rate of 2Mtpa and production rate of 28,000tpa Cu during March Qtr 2020 Throughput rate of 2.5Mtpa and production rate of 35,000tpa Cu during March Qtr 2021 Phase 1 critical success factors Fit for purpose organisati
Slide 7: The Reset Plan - Metrics
CLICK THE RESET TO EDIT PLANMASTER - METRICS TITLE STYLE Project capital of $27M required over 3 years to enable the expansion of mining to a steady-state 2.5Mtpa $4.9M in paste plant reticulation and tailings retrieval $6.9M to increase ventilation in the west and east of the mine $6.6M in addition
Slide 8: Mining Schedule 2019 - 2021
CLICK TO MINING SCHEDULE EDIT MASTER – 2019 TITLE - 2021 STYLE Section Western Western Eastern Eastern Zone 2 Zone 1 Historic Open Pit Zone 1 Zone 2 10,200RL Central Zone 9,800RL (Historic Mining Area) 300m 101,500E 103,000E Plan N 101,500E 103,000E 50,800N Central Zone 50,400N (Historic Mining Area
Slide 9: Nifty Reset Plan - Recap
CLICK TO EDIT MASTER TITLE STYLE NIFTY RESET PLAN - RECAP Nifty is a world-class, well-established producing operation With the right planning and operational focus, it offers significant upside The key fundamentals of Nifty have not changed since it was purchased by the Company The Nifty Reset Plan
Slide 10: Nifty Copper Operations Reset Plan
CLICK TO EDIT MASTER TITLE STYLE ENABLING THE TECHNOLOGY OF THE FUTURE NIFTY COPPER OPERATIONS RESET PLAN 1 MAY 2019