Mindax Limited · ASX:MDX
Mindax — Corporate Update (August 2021)
16 slides from Mindax's corporate update, Aug 10, 2021
Slide 1: Mindax Limited
For personal use only ABN 28 106 866 442 Mindax Limited Meekatharra Gold Project & Mt Forrest Iron Ore Project August 2021 Mindax Limited (ASX: MDX) This release has been authorised by Benjamin Chow AO Chairman of Mindax Limited
Slide 2: Disclaimer and Competent Persons Statement
Disclaimer and Competent Persons Statement This presentation was prepared by Mindax Limited (ABN 28 106 866 442) (“MDX” or “the Company”), a public company listed on the Australian Securities Exchange. For personal use only The presentation is based on internal company reports, stock exchange announ
Slide 3: Mindax Projects Location Plan Gold and Magnetite
Mindax Projects Location Plan Gold and Magnetite For personal use only Meekatharra North Gold Project Meekatharra Gold Project is a solitary 15km2 tenement Mt. Forrest Iron Project located 45km north of Meekatharra and 2km south of Andy Well Gold Mine Mt Forrest Iron Project comprises 7 Mining Tenem
Slide 4: Meekatharra North Gold Project E 51/1705
Meekatharra North Gold Project E 51/1705 For personal use only Andy Well Gold Mine mined over Andy 330Koz Well Gold Mine with >300Koz a total with Mineral Mineral Resource Resource >500Koz* of 505Koz E51/1705 15km2 exploration tenement only 2km south of Andy Well * Refer to the Latitude Consolidated
Slide 5: Meekatharra North Gold Project E 51/1705
Meekatharra North Gold Project E 51/1705 2021 Phase 1 Exploration drilling program in May For personal use only completed 18 holes for 2,162 m on the northern end of the tenement. Exploration focused on priority targets including structural corridors extrapolated south of the Andy Well Mine (within
Slide 6: Meekatharra North Phase Drilling Results
Meekatharra North Phase 1 Drilling Results Prospect Program Hole ID Easting_MGA94 Northing_MGA94 Dip Azimuth Total Depth Depth True Au(g/t) For personal use only Depth(m) From(m) To(m) Width(m) NW Phase 1 MNC-027 666277 7095343 -60 110 157 NSA NW Phase 1 MNC-019 666367 7095534 -60 110 163 NSA NE Pha
Slide 7: 2013 Drilling & Interpreted Geology
2013 Drilling & Interpreted Geology For personal use only • RC and Aircore drilling was completed in 2013. • 9 RC holes for 1,048m and 24 Aircore holes were completed for 2,557m. • A number of Aircore holes failed to reach their target depths due to a hard magnesite caprock. • Drilling encountered c
Slide 8: Meekatharra North Historic Drilling Results
Meekatharra North Historic Drilling Results For personal use only HOLE ID Top Depth (m) Thickness (m) Au (ppm) MNA175* 100 2 1.33 MNA176* 92 5 5.05 126 1 1.10 MNC001* 135 3 9.75 MNC012 221 1 3.82 72 3 0.18 MNC013 240 2 0.47 9 3 0.18 45 2 0.17 73 2 0.22 MNC014 90 1 0.73 156 1 2.46 40 1 0.17 MNC015 14
Slide 9: Section Interpreted Geology & Significant Results
Section 1 Interpreted Geology & Significant Results For personal use only Refer to the Company’s ASX release dated 4 October 2013. This information was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the informa
Slide 10: Section Interpreted Geology & Significant Results
Section 2 Interpreted Geology & Significant Results For personal use only Refer to the Company’s ASX release dated 4 October 2013. This information was prepared and first disclosed under the JORC Code 2004. It has not been updated since to comply with the JORC Code 2012 on the basis that the informa
Slide 11: Mt Forrest Magnetite Project Tenements
Mt Forrest Magnetite Project Tenements Seven Granted Mining Tenements For personal use only N M29/348 Holders Area (km2) Tenement No M29/257 M29/349 M29/257 Yilgiron Pty Ltd 9.60 M29/258 Yilgiron Pty Ltd 2.46 M29/351 M29/258 M29/314 Yilgiron Pty Ltd 3.01 M29/350 M29/348 Yilgiron Pty Ltd 9.98 M29/349
Slide 12: Transaction with Norton Gold – Mt Forrest Project
Transaction with Norton Gold – Mt Forrest Project • Agreements concerning an earn-in and joint venture over the Mt Forrest Project (Transaction) have For personal use only been formalised - the Company, Norton Gold Fields Pty Ltd (Norton Gold) and the Company’s wholly owned subsidiary Yilgiron Pty L
Slide 13: Mt Forrest Magnetite Mineralisation
Mt Forrest Magnetite Mineralisation For personal use only Magnetite mineralisation with hypogene enrichment, medium grade (~ 25% up to 40% Fe) Epidote (green) High Grade-magnetite mineralisation with microplaty magnetite, high grade (45%~ 58%Fe) BIF high Silica Content, >10% Davis Tube Concentrate S
Slide 14: Major Exploration Highlights
Major Exploration Highlights • From December 2009 - March 2011 419 holes for 37,685 metres were For personal use only completed including 10 diamond holes (targeting shallow regolith & deeper primary magnetite mineralisation) • Only 64 drill holes targeting magnetite mineralisation were drilled for
Slide 15: Mt Forrest Magnetite Consolidated Mineral Resource
Mt Forrest Magnetite Consolidated Mineral Resource For personal use only Notes: 1. Approximately 75% of the Inferred Resource should be considered as extrapolated 2. The totals contained in the above table have been rounded to reflect the relative uncertainty of the estimates, therefore sums of colu
Slide 16: Magnetite Mineralisation Drill samples – DTR and metallurgy
Magnetite Mineralisation Drill samples – DTR and metallurgy MF1 Drill Collar Location Plan MF2 and MF6 Drill Collar Location Plan • A total of 64 drill holes targeting magnetite For personal use only mineralisation have been drilled by Yilgiron on the Mt Forrest Project • DTR assaying received for d