Meeka Metals Limited · ASX:MEK
Meeka Metals — Noosa Mining Conference 2022
21 slides from Meeka Metals's conference presentation, Nov 11, 2022
Slide 1: Noosa Mining Conference Presentation
ASX:MEK Noosa Mining Conference Presentation 11 November 2022
Slide 2: Important Information
IMPORTANT INFORMATION Disclaimer This information contained in this presentation is issued by Meeka Metals Limited (“Meeka” or “the Company”). The information contained herein is confidential and proprietary to the Company and is provided to recipients on the terms and conditions set out in this dis
Slide 3: A Proven Board and Management Team
A Proven Board and Management Team Board & Management with ‘skin in the game’ having invested $2.8m to date. Capital Structure Board Share Price (close price 10 Nov 2022) A$/share 0.063 Paul Chapman Non-Executive Chairman Shares on Issue M 1,068 Tim Davidson Managing Director & CEO Options on Issue
Slide 4: Value Underwritten by Gold
Value Underwritten by Gold Vast potential upside opportunity in rare earth metals. 1.1Moz gold Mineral Resource & growing. Strategically located in the Murchison. Potential large gold discoveries. Murchison and Circle Valley. High-grade rare earths opportunity being unveiled at Cascade and Circl
Slide 5: Strategic 1.1Moz Mineral Resource in the Murchison
Strategic 1.1Moz Mineral Resource in the Murchison 100% ownership with a tier 1 infrastructure rich address. 100% ownership. High confidence gold Mineral Resource – 65% in Measured and Indicated classification. PFS underway – due June quarter 2023. The key focus is now on growing the Mineral
Slide 6: Drilling for Resource Growth Delivering Immediate Results
Drilling for Resource Growth Delivering Immediate Results 2022 drilling at St Anne’s highlight Mineral Resource growth opportunity. $30m geological dataset in place to guide ongoing resource development – 800,000m drill hole database, aeromagnetic, IP, sub-audio magnetics and gravity data. The A
Slide 7: 7km Gold Rich Shear System – Highly Fertile, Lightly Tested
7km Gold Rich Shear System – Highly Fertile, Lightly Tested Thick, shallow, high-grade gold at St Anne’s reinforces growth opportunity. Slide 7
Slide 8: Shallow Drilling at St Anne's Delivering Exceptional Results
Shallow Drilling at St Anne’s Delivering Exceptional Results Driver lode – discovered in July 2022 with multiple holes returning visible gold. Slide 8
Slide 9: New Shallow Gold Zones Continue to be Identified
New Shallow Gold Zones Continue to be Identified Wood lode – new discovery at St Anne’s in November 2022, parallel to Driver lode. Slide 9
Slide 10: Drilling for Primary Mineralisation Having Immediate Effect
Drilling for Primary Mineralisation Having Immediate Effect Driver lode – demonstrating the depth potential of this high-grade, shear hosted gold system. RC drilling targeting the Driver lode has intersected strong gold mineralisation and visible gold within the targeted shear zone, assays include
Slide 11: Diamond Drilling into the Target Shear Zone Now Underway
Diamond Drilling into the Target Shear Zone Now Underway Sulphides and quartz in core – first assays in late December 2022. 6 diamond holes drilled at St Anne’s since October 2022, all intersecting the target shear zone. Diamond drilling remains ongoing targeting strike and depth extensions. F
Slide 12: Aggressive Drilling Delivering Results at Circle Valley
Aggressive Drilling Delivering Results at Circle Valley +18,000m of drilling completed since January 2022 – large kilometre scale gold anomalies defined. Four large scale gold anomalies defined by drilling. Gold coincident with magnetic features. First target tested by RC drilling (Anomaly A)
Slide 13: Early Mover Advantage in an Emerging Rare Earths Province
Early Mover Advantage in an Emerging Rare Earths Province The Albany-Fraser Mobile Belt is an emerging clay hosted rare earths province. Province scale opportunity. Tier 1 location. 2,500km2 landholding. 100% ownership. Excellent infrastructure including port access through Esperance. Ab
Slide 14: High Value NdPr Magnet Elements at Circle Valley
High Value NdPr Magnet Elements at Circle Valley Drilling results to date demonstrate high value NdPr averages 23% of TREO grade. Shallow, high-grade mineralisation up to 6,894ppm TREO. High proportion of NdPr – averages 23% of TREO basket in drilling completed to date. Potential for additiona
Slide 15: Shallow, Thick, High-Grade Mineralisation at Cascade
Shallow, Thick, High-Grade Mineralisation at Cascade A step change in scale. Remarkable scale potential, 100km east to west, 65km north to south. Shallow, high-grade mineralisation up to 5,791ppm TREO. NdPr averages 20% of TREO basket in drilling completed to date. Northern and central block
Slide 16: Significant Regional Potential to be Tested
Significant Regional Potential to be Tested Cascade northern and central blocks – 25km x 10km target defined by high grade surface samples. 925km2 northern and central blocks have true scale potential and remain untested by drilling. Auger surface samples taken from the depleted surface horizon
Slide 17: Positive Initial REE Metallurgical Test work
Positive Initial REE Metallurgical Test work High extraction % of valuable NdPr elements. High extraction % 100 for valuable NdPr Metallurgical testing by ANSTO elements using various extraction 90 techniques demonstrates total Maximum 80 rare earth extraction up to 82%, Upper Quartile averaging 7
Slide 18: Looking Forward
Looking Forward Planned work program through 2023. Q4 Q1 Q2 Q3 Q4 CY22 CY23 CY23 CY23 CY23 REE Work Programs Metallurgical Test Work Drilling Aircore drilling - Cascade Northern / Central Blocks. Resource Definition Infill drilling - Circle Valley. Gold Work Programs Drilling Follow-up diamond drill
Slide 19: Value Underpinned by Strategically Located 1.1Moz Gold Resource
Value Underpinned by Strategically Located 1.1Moz Gold Resource Key takeaways. Large high-grade Aggressively High-grade rare gold Mineral pursuing Mineral earth opportunity Resource Resource growth High-grade, high Potential Tropicana Blue sky upside from confidence 1.1Moz Mineral lookalike at Circl
Slide 20: Appendix: JORC 2012 Mineral Resource Statement
Appendix 1 JORC 2012 Mineral Resource Statement Measured Indicated Inferred Total Project Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces ('000t) (g/t) ('000oz) ('000t) (g/t) ('000oz) ('000t) (g/t) ('000oz) ('000t) (g/t) ('000oz) Andy Well 150 11.4 55 1,050 9.3 315 65
Slide 21: ASX:MEK
ASX:MEK Tim Davidson Managing Director (08) 6388 2700 info@meekametals.com.au www.meekametals.com.au