Middle Island Resources Limited · ASX:MDI

Middle Island Resources — Investor Presentation (June 2024)

20 slides from Middle Island Resources's investor presentation, Jun 24, 2024

  1. Slide 1: ASX Release – Investor Presentation

    ASX Release – 24 June 2024 INVESTOR PRESENTATION Middle Island Resources Limited (ASX:MDI) (MDI) wishes to inform the market of an investor For personal use only presentation to be made by its CEO, Roland Bartsch. This presentation will be available on the MDI website. Authorised for release by Rola

  2. Slide 2: Emerging Province Opportunity: Barkly Copper-Gold Super Project

    For personal use only EMERGING PROVINCE OPPORTUNITY Barkly Copper-Gold Super Project Investor Presentation June 2024 1

  3. Slide 3: Key Investment Highlights

    Key Investment Highlights For personal use only Barkly Super Project Single district, high value, Commanding land position in NT – Pathway to success from large exploration focus an underexplored province portfolio of greenfield targets • Iron Oxide Copper Gold (IOCG) • East Tennant – potential for

  4. Slide 4: Corporate Overview

    Corporate Overview Corporate Structure For personal use only Shares on Issue 217.7M Portfolio Overview Share Price (21 June 2024) $0.013 Market Cap (21 June 2024) $2.8M Cash (as at 31 March 2024) $2.07M Investments 40,495,488 shares in ASX: AUN (based on closing price 21 $1.54M June 2024) Debt NIL M

  5. Slide 5: Board and Management

    Board and Management Experienced, well-rounded Board and Management team Roland Bartsch MSc. BSc. (Hons), For personal use only Peter Thomas LLB, B.Juris , Non-Executive Chairman Chief Executive Officer Practicing solicitor from 1980 until June 2011, specialising in Geoscientist mining executive wit

  6. Slide 6: Barkly Copper-Gold Super-Project

    Barkly Copper-Gold Super-Project Multi Target Super Project Built a strategic position For personal use only Permits & applications now 6,918km² Targeting Iron Oxide Copper Gold (IOCG) and Sediment Hosted Copper- Silver-Lead-Zinc 50+ targets – 12 high priority Permits adjoin Newmont, South 32 JV wit

  7. Slide 7: Multiple Target Areas

    Multiple Target Areas Systematic Exploration For personal use only Targets spread from shallow or no cover areas (west) to beneath Georgina basin cover (~200m Tumbleweed Barkly Super- depth, east) Prospect Project Zermatt Prospect Early-stage exploration Bedrock Prospect Redrock Prospect reconnaissa

  8. Slide 8: Prospects & Priority Targets

    Prospects & Priority Targets Exploring for two major deposit styles For personal use only Priority Target Target Style Iron Oxide Copper-Gold Sediment Hosted Copper-Zinc-Lead-Silver Tumbleweed Prospect Bedrock Prospect Redrock Prospect Cottage Prospect Dino Prospect Pebbles Prospect Wilma Prospect C

  9. Slide 9: IOCG Prospectivity

    IOCG Prospectivity Exploration tenure covers key For personal use only target areas East Tennant Ridge - identified by Geoscience Australia as a highly prospective belt for IOCG deposits masked by younger cover rock sequences. Georgina Project exploration licence extensively covers the more prospect

  10. Slide 10: IOCG Targets: East Tennant Ridge

    IOCG Targets: - East Tennant Ridge Geophysics identify East Tennant Ridge as a highly prospective belt for IOCG deposits For personal use only Priority Targets - large high amplitude magnetic highs MDI: Priority Target (probable magnetite constructive alteration zones) are distributed along major fa

  11. Slide 11: Georgina Project - Multiple Drill Targets

    Georgina Project - Multiple Drill Targets Multiple modelled well-defined density anomalies (‘shoots’) consistent with IOCG deposits For personal use only 10 ASX : MDI 1010

  12. Slide 12: Georgina Project – Multiple Drill Targets

    Georgina Project – Multiple Drill Targets Drill targets identified by detailed gravity 3-D density inversion models For personal use only EL33590 Wilma Prospect (EL32109) Pebbles Prospect (EL32109) 11 ASX : MDI Dino Prospect (EL32109) 11 11

  13. Slide 13: Copper-Silver-Lead-Zinc Targets

    Copper-Silver-Lead-Zinc Targets Burnette Downs Rift - Sediment Hosted Base-Metals Targets 3D inversion model gravity Target - 3D inversion model gravity Brunette Downs Rift Corridor For personal use only highs above modelled basement highs adjacent to long lived surface growth faults – possible alte

  14. Slide 14: Bedrock Prospect – Drill Targets

    Bedrock Prospect Bedrock Prospect (EL33588) – Drill Targets IMAGE: MAGNETICS RTP_1VD-NE SHADE Gravity grid IMAGE: GRAVITY TCBA_1VD_NE SHADE For personal use only 100 x 100 stations EL33590 Detailed Gravity Area 3D Inversion Model ELA32109 ELA32626 Gravity model >2.77 g/cc density isoshell Conceptual

  15. Slide 15: Tumbleweed Prospect – Drill Targets

    Tumbleweed Prospect Tumbleweed Prospect (EL33589) - Drill Targets IMAGE: MAGNETICS RTP_1VD-NE SHADE For personal use only Gravity grid 100 x 400 Gravity model >2.82 stations EL33590 g/cc density isoshell Gravity Grid Area 3D Inversion Model IMAGE: GRAVITY inversion Model Isoshells ELA32109 ELA32626

  16. Slide 16: Proposed Drilling – 2H 2024

    Proposed Drilling – 2H 2024 Proposed Drilling – Advanced Targets Planned Drillholes For personal use only Round 1 (co-funded) Next Phases Priority drillhole list from systematic detailed approach Awarded two NT Government co-funding grants $300,000, covering 2 separate areas Portfolio of drill round

  17. Slide 17: Barkly Project - Infrastructure

    Barkly Project - Infrastructure Tennant Creek Barkly Homestead Airport An oasis in the sun For personal use only Local Services Support Centrally located to the Barkly Project MDI Exploration Office 13 km from the Crosswinds Prospect • Core Yard & Processing Facilities • Ensuite Accommodation • Vehi

  18. Slide 18: Summary

    Summary For personal use only Targeting ‘blind’ discoveries Large 100% owned project in Large portfolio of targets – via focused exploration – a tightly held highly multiple priority targets Copper + Gold prospective province advanced to drill readiness Multiple drill programs Early stage undervalue

  19. Slide 19: For more information

    For personal use only For more information: Unit 1, 2 Richardson Street West Perth Roland Bartsch Western Australia, 6005 Chief Executive Officer Tel +61 (08) 9322 1430 E: roland@middleisland.com.au www.middleisland.com.au 18

  20. Slide 20: Important Notice and Disclaimer

    Important Notice and Disclaimer Disclaimer Notice The material in this presentation (“material”) is not and does not constitute an offer, invitation or recommendation to subscribe for, or purchase any security in Middle Island Resources Limited (“MDI”) nor does it form the basis of any contract or c

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