Manuka Resources Ltd · ASX:MKR
Manuka Resources — Shareholder Meeting (November 2023)
22 slides from Manuka Resources's shareholder meeting presentation, Nov 16, 2023
Slide 1: Mt Boppy & Wonawinta Projects - Chairman's address to the AGM
Mt Boppy & Wonawinta Projects • Operating gold & silver producer Exceptional exploration potential within the Cobar Basin, NSW • Valuable production infrastructure, strategically located November 2023 Taranaki VTM Project • World class tier 1 project • Offshore vanadium titaniferous iron sands • Wes
Slide 2: Disclaimer
Disclaimer This disclaimer applies to this presentation and the information contained in it (the Presentation). By reading this disclaimer you the Company that a prospective investor or purchaser may require in evaluating a possible investment in the Company or agree to be bound by it. The Presentat
Slide 3: Corporate Summary
Corporate Summary ASX: MKR Share price (14 November 2023) A$0.044 Shares on issue 562m Market capitalisation (undiluted) A$24.7m “Manuka intends to grow shareholder value by optimising quality resource assets. The emerging green fuelled Board of Directors & Senior Management global economy is provid
Slide 4: Board of Directors & Management
(the management team has a combined shareholding in Manuka Resources Board of Directors & Management exceeding 20%) Dennis Karp – Alan Eggers – Anthony McPaul – John Seton – Toni Gilholme – Haydn Lynch – Executive Chairman Executive Director Non-Executive Director Non-Executive Director Company Secr
Slide 5: Our core projects – producing gold and silver precious metal assets in the Cobar Basin
Our core projects – producing gold and Mt Boppy Gold Project (100% owned and producing) silver precious Commenced Mt Boppy screening project in May 2023 • Open pit mine (previously produced circa 500,000oz Au @ 15g/t Au) Au metal assets in the • 42 person mining camp, power & water, administration o
Slide 6: Our core projects – the world class Taranaki VTM Project
Our core projects – the world class Taranaki VTM Project Taranaki VTM Project – project highlights V Ti Fe New Zealand • World class 3.2Bt resource - vanadium, titanium & magnetite (iron ore) • Targeted lowest quartile carbon emissions* of Fe producers globally (62kg CO2/t vs 125-250kg CO2/t) • Anti
Slide 7: Building significant shareholder value in four directions
Building significant shareholder value in four directions #1 Cashflow positive #2 Exploration potential #3 Exploration potential #4 VTM CY Q2 2023 – Q4 2027 CY Q4 2023 CY Q4 2024 onwards CY Q 2024 onwards Mt Boppy screening project Near mine – key exploration Advanced gold targets NZ Taranaki VTM Pr
Slide 8: #1 Mt Boppy - screening project
#1 Mt Boppy - screening project Manuka Resources Presentation | November 2023 21
Slide 9: #1 Mt Boppy screening project cont.
#1 Mt Boppy screening project cont. Key Points 1. Project internally expected to produce ~70,000oz gold over ~4 years 2. Currently in production and steady state production 3. ROM processing already well underway and production will exceed Insitu Mineral Resource of 4000oz gold (bodes well for remai
Slide 10: #2 Mt Boppy tenements – key exploration programs 2023/24
#2 Mt Boppy tenements – key exploration programs 2023/24 2023/24 exploration activities are to be focussed on the Mt Boppy Central Structural Zone following: 1. Pipeline Ridge Targeting: add substantially to existing resource est. (looking to add up to 210,000oz Au @2.4g/t Au) Objective: evaluate fo
Slide 11: #2 Pipeline Ridge Opportunity
#2 Pipeline Ridge Opportunity PIPELINE RIDGE DRILLING Highlights Historic (mostly 2012) Drilling BH No Interval From Au Ag Cu Pb Zn m m g/t g/t % % % PCN086 2.0 63.40 12.12 PCN087 2.0 72.85 5.51 PCN089 1.0 50.90 22.60 90 1.2 2.1 3.6 8.0 47.30 1.2 2.5 8.0 74.50 128 9.0 74.50 4.8 2.0 74.50 3.9 9.0 85.
Slide 12: Manuka's Gold and Silver Resource Base
Manuka’s Gold and Silver Resource Base On 25th August 2023 a Resource Update was announced for the Mt Boppy gold project. On 1st April 2021 a Resource Upgrade was provided for Wonawinta Silver Project reflecting a 43% increase in the Measured and Indicated Resource Categories. Mineral Resource Summa
Slide 13: Taranaki VTM Project
Taranaki VTM Project (Vanadium, titano-magnetite) • Offshore Vanadium Titaniferous Iron Sands • West Coast, North Island, New Zealand • World class project
Slide 14: Taranaki VTM Project
Taranaki VTM Project West Coast, North Island, New Zealand Manuka Resources Presentation | November 2023 27
Slide 15: Taranaki VTM Iron Sands Project Features
Taranaki VTM (vanadium titano-magnetite) Iron Sands Project Features Forecast to be in the bottom quartile of the global iron ore operating cost curve The Taranaki project is headed by Alan Eggers and a Mining licence approved for recovery of 5Mt team who have a proven track record of building of ir
Slide 16: Timetable to Date
Timetable to Date Initial Objective: To discover & develop VTM (vanadium titano-magnetite) Iron Sands Project offshore North Island, NZ Project Expenditure to date: NZD$85m (US$50m equivalent) Granted EPA Supreme Court Mining Licence Delivered 3.2Bt Environmental decision in Project acquired Final E
Slide 17: Taranaki VTM Project – Summary of Costs per Tonne of Concentrate
Taranaki VTM Project Summary of Costs per Tonne of Concentrate Summary Estimated Operating Costs (C1) of STB Project (subject to completion of BFS) Commodity Prices November 2023 (Based on 72% operational availability after allowing for maintenance & STB weather events) • Iron Ore (62%Fe): US$130.20
Slide 18: The Vanadium Fact Sheet
Appendix 1 The Vanadium Fact Sheet A Critical Mineral Global Prod. (V2O5) Why Vanadium for utility/grid storage*? Vanadium Lithium Annual production~115,000t/yr Safety: Non-flammable, 40 known fires** at large scale Vanadium is deemed a Historical growth 3%p.a. not susceptible to thermic li-ion batt
Slide 19: South Taranaki Bight - already an Active Petroleum Region
Appendix 2 South Taranaki Bight - already an Active Petroleum Region with 4 current petroleum permits, and gas well and pipeline to mainland Manuka Resources Presentation | November 2023 32
Slide 20: Taranaki VTM Project - numerous advantages
Appendix 3 Taranaki VTM Project - numerous advantages (vanadium titano-magnetite) An emerging vanadium, titanium & iron ore project with a substantial resource. Lowest quartile cost and CO2 emissions for bulk projects, presents potential to realise greater value over medium to long term Experienced
Slide 21: Taranaki VTM Project JORC Resource Estimates
Appendix 4 Taranaki VTM Project JORC Resource Estimates (Maiden Vanadium Resource and updated resource statement released on ASX 1 March 2023) 3.2Bt Indicated and Inferred Mineral Resource 1.6Mt of contained V2O5 • DTR is David Tube Recovery of the magnetic fraction of the sample • DTR Estimate is b
Slide 22: Conclusion
o> MANUKA Conclusion:
Manuka Resources — Shareholder Meeting (November 2023) on 6ix