Medallion Metal Ltd · ASX:MM8
Medallion Metal — Medallion Metals — Investor Presentation (August 2024)
17 slides from Medallion Metal's investor presentation, Aug 12, 2024
Slide 1: Investor Presentation announcement cover note
12 August 2024 ASX:MM8 Investor Presentation For personal use only Medallion Metals Limited Managing Director, Paul Bennett will be providing a range of investor updates this week following the announcement of exclusive negotiations with IGO Limited regarding processing and associated infrastructure
Slide 2: Forrestania Exclusivity Investor Presentation
medallionmetals.com.au Forrestania Exclusivity For personal use only Transformational opportunity to unlock value at Ravensthorpe and beyond INVESTOR PRESENTATION ASX: MM8 12 AUGUST 2024
Slide 3: Important notices
Important notices Nature of Document: This presentation has been prepared and issued by Medallion Metals Ltd (Company) to provide general information about the Company. The information in this document is in summary form and should not be relied upon as a complete and accurate representation of any
Slide 4: Well positioned at Ravensthorpe
Well positioned at Ravensthorpe Substantial established resources with new discovery and development optionality 1.3 Moz Au 56,000t Cu 1.5 Moz Ag For personal use only Ravensthorpe Gold Project @ 2.1 g/t @ 0.3 % @ 2.5 g/t 0.2 Moz Au 67,000t Cu 9.8 Moz Ag Jerdacuttup Project @ 0.9 g/t @ 1.2 % @ 54 g/
Slide 5: Forrestania opportunity overview
Forrestania opportunity overview Bring together established infrastructure at Forrestania with significant high-grade Au-Cu resource at Ravensthorpe Binding 9 (+3) month exclusive right to negotiate Transaction For personal use only Transaction; Assets: Cosmic Boy process plant & associated in
Slide 6: Sulphide development: Mining at Ravensthorpe
Sulphide development: Mining at Ravensthorpe 54km of drilling since 2021 has driven growth of a significant high-grade sulphide Mineral Resource inventory kt Au g/t Au koz Cu % Cu kt October 2023 PFS metrics applicable; For personal use only Indicated 2,990 4.4 420 0.7 21 Inferred 2,630 4.1 350 0.
Slide 7: Sulphide development: Processing at Forrestania
Sulphide development: Processing at Forrestania Single metallurgical domain (fresh, high copper) mined and processed (analogy: Deflector mineralogy/flowsheet) Crushing Grinding Gravity Flotation Leach TSF For personal use only Cosmic Boy Flotation Plant plus gravity & leach circuits (Deflector) Ex
Slide 8: Strategic positioning
Strategic positioning Near term gold-copper production + 1,500km2 of tenure prospective for new discovery in the southern goldfields of WA For personal use only Lever established Forrestania infrastructure to commercialise Ravensthorpe gold-copper ore Lower capital, simplified mining & processin
Slide 9: Funded to Transaction completion
Funded to Transaction completion Indicative timeline & workstreams to Transaction completion SQ24 DQ24 MQ25 JQ25 SQ25 DQ25 For personal use only Exclusivity Transaction Binding Documents Transaction Close In-fill drilling Testwork Project Studies Permitting Final Investment Decision Sources $m Uses
Slide 10: Unique opportunity to unlock value
Unique opportunity to unlock value For personal use only Established Established Simplified resources infrastructure operation 5.6Mt @ 4.3g/t Au & 0.6% 0.6Mtpa flotation plant, single mining method & Cu (770koz Au & 36kt Cu) infrastructure, TSF met domain (Deflector) Reduced Enhanced Multiple distur
Slide 11: Appendices
For personal use only Appendices
Slide 12: Exclusivity agreement summary
Appendix 1 Exclusivity agreement summary Binding 9 month exclusivity (+3 month extension) between Medallion (MM8) and IGO Ltd (IGO) to negotiate the Transaction Transaction Assets; For personal use only Cosmic Boy Tenements, Process Plant and associated infrastructure Transaction Consideration
Slide 13: Corporate overview
Appendix 2 Corporate overview Leadership Corporate structure (ASX: MM8) For personal use only Pro-forma (subject to shareholder approval) 407.7m $0.05 $20.4m John Fitzgerald Paul Bennett Anthony James Ben Larkin Shares on issue Share price Market cap Non-Executive Chair Managing Director Non-Executi
Slide 14: RGP sulphide mineral resource subset
Appendix 3 RGP sulphide mineral resource subset Mineral Resource Estimate for the sulphide mineral resource reported above a 2g/t AuEq cut-off grade Category kt Au g/t Au koz Ag g/t Ag koz Cu % Cu kt For personal use only Gem 820 5.3 140 4.4 120 0.4 3 Harbour View 1,360 3.5 150 6.2 270 1.0 14 Indica
Slide 15: RGP global mineral resources
Appendix 4 RGP global mineral resources Global Mineral Resource estimate for the Ravensthorpe Gold Project, February 2023 Mineral resources estimate for the Kundip Mining Centre – February 2023 January 2023 For personal use only INDICATED INFERRED TOTAL RESOURCES kt Au g/t Au koz Cu % Cu kt kt Au g/
Slide 16: Trilogy Mineral Resource
Appendix 5 Trilogy Mineral Resource Mineral Resource Estimate, March 2018 Trilogy – March 2018 kt Au g/t Ag g/t Cu % Pb % Zn % Au koz Ag koz Cu kt Pb kt Zn kt For personal use only Indicated 129 2.4 85.3 0.5 - - 10 354 0.6 - - Oxide Open pit Inferred 336 1.9 71.7 0.1 - - 21 774 0.3 - - (Cu_Eq > 0.5%
Slide 17: Contact
RGP Exploration Office & Core Yard (91 Queen St Ravensthorpe) For personal use only CONTACT info@medallionmetals.com.au medallionmetals.com.au MAIN OFFICE Suite 1/11 Ventnor Avenue, West Perth WA 6005 (08) 6424 8700 PROJECT MM8’s 89 room Worker Accommodation Village (Camp) 91 Queen Street, Ravenstho
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