Europa Metals Limited · JSE:EUZ
Europa Metals — Investor Presentation (November 2022)
13 slides from Europa Metals's investor presentation, November 2022
Slide 1: US$6m Farm-In/JV signed with Denarius Metals Corp.
Europa x Denarius US$6m Farm-In/JV signed with Denarius Metals Corp. “we will lead the development of this high-grade polymetallic project” Denarius Chairman and CEO, Serafino Iacono Searching for new strategic assets with near term value potential AIM, Altx: (EUZ)
Slide 2: Cautionary Statement/Disclaimer
Europa x Denarius Toral Pb, Zn & Ag Project, Spain Cautionary Statement/Disclaimer Investors Resident in the UK: This Presentation is only being made available to the following in the United thereof, or of any other information made or to be made available (whether orally or in writing) to any Kingd
Slide 3: Denarius Farm-In Joint Venture
Europa x Denarius Toral Pb, Zn & Ag Project, Spain Denarius Farm-In Joint Venture • Option Agreement entered into with Denarius (TSXV: DSLV) • “First Option” to subscribe for 51% of Europa subsidiary EMI, which holds the Toral Project, by spending US$4m • and a “Second Option” to potentially acquire
Slide 4: First Option
Europa x Denarius Toral Pb, Zn & Ag Project, Spain First Option • US$4m by way of a loan (the “Loan”) to EMI (the “First Option Expenditure”) Denarius entitled to capitalise the Loan for the issue to it of 51%. • If First Option is not exercised, Denarius shall be required to assign the loan to Euro
Slide 5: Second Option
Europa x Denarius Toral Pb, Zn & Ag Project, Spain Second Option The Second Option may be exercised by Denarius within a period of one year from the date of closing of the First Option conditional upon: • exercise of the First Option; • completion of a NI 43-101 compliant pre-feasibility study (the
Slide 6: Joint Venture Agreement and Shareholders Agreement
Europa x Denarius Toral Pb, Zn & Ag Project, Spain Joint Venture Agreement and Shareholders Agreement • On exercise of the First Option both parties will enter into a Joint Venture and a Shareholders Agreement • The management committee of the JV will consist of 3 Denarius and 1 Europa representativ
Slide 7: Toral
Europa x Denarius Toral Pb, Zn & Ag Project, Spain Toral Licence boundary overlapping local municipal areas Province of León - established mining region Close cooperation with Junta of Castilla y León has allowed delivery of multiple work programmes Pro mining jurisdiction >190 Active Investigation
Slide 8: Year 1 to include an MLA
Europa x Denarius Toral Pb, Zn & Ag Project, Spain Year 1 to include an MLA Mining Licence Application has to demonstrate a feasible mining project and be submitted in two main documents to the Junta of Castille y Leon The MLA is applied for under a Mine Exploitation Project and Rehabilitation Plan
Slide 9: Resource Upgrade November 2022
Europa x Denarius Toral Pb, Zn & Ag Project, Spain Resource Upgrade November 2022 West-East long section of Toral Resource (AMS Consulting) • Indicated resource estimate of approximately 7Mt @ 8.1% Zn Equivalent* (including Pb credits) and 29g/t Ag, representing an approximate: o 19% increase in Ind
Slide 10: Indicated Improving
Europa x Denarius Toral Pb, Zn & Ag Project, Spain Indicated Improving 2021 Toral Resource (AMS Consulting) 2022 Indicated resource increase (AMS Consulting) 10
Slide 11: Targets for the future
Europa x Denarius Toral Pb, Zn & Ag Project, Spain Targets for the future West-East long section of Toral Resource (AMS Consulting) *Zn price of US$2,865/t, Pb price of US$2,053/t and Ag price of US$22.17/oz ** RNS Announcement 30.11.22, (AMS Consulting) 11
Slide 12: Summary
Europa x Denarius Toral Pb, Zn & Ag Project, Spain Summary • The Denarius Farm-in and JV offers continued exposure and upside potential for Toral and at no cost to Europa shareholders • Europa continues to focus on the search for value add transactions 12
Slide 13: Lead, Zinc, Silver
Europa x Denarius Toral Pb, Zn & Ag Project, Spain Lead, Zinc, Silver AIM, Altx: (EUZ)
Europa Metals — Investor Presentation (November 2022) on 6ix