29metals Limited · ASX:29M
29metals — Diggers and Dealers Mining Forum 2022
20 slides from 29metals's conference presentation, August 2022
Slide 1: Diggers and Dealers Mining Forum 2022
Diggers and Dealers Mining Forum 2022 Peter Albert Managing Director & Chief Executive Officer August 2022
Slide 2: Important information
Important information The information in this presentation is provided for general information regarding 29Metals Limited (the ‘Company ‘) and its subsidiaries (together with the Company, ‘29Metals‘).Material information in this presentation has been derived from information publicly released by the
Slide 3: 29Metals Snapshot
29Metals Snapshot 100% Australian production History of Mineral Resources Tier 1 jurisdictions replacement 1 47 82 High grade Mineral Resources 2 x 10+ year mine life and Ore Reserves 1 operating assets 29 30 Cu Copper Zn Zinc Positioned to Outstanding 82 47 leverage global Pb Lead Ag Silver people
Slide 4: People & Culture
People & Culture Highly experienced Board and management team with a track record of value creation, safety and sustainability 40 years experience 35 years experience 40 years experience 30 years experience 40 years experience 20 years experience 18 years experience 20 years experience Owen Hegarty
Slide 5: Tier 1 Mining Jurisdictions
Tier 1 Mining Jurisdictions Operating assets in Australia ideally positioned to domestic and international markets Access to established infrastructure Accessible domestic and international markets Mature regulatory and permitting regime Highly skilled workforce and contractors Mt Isa Townsville Ger
Slide 6: Right Metal Exposure
Right Metal Exposure Positioned to leverage global energy transition 29 30 Committed mine production and primary Mineral demand for wind by scenario 6 Cu Copper demand for copper, 2020 – 2030 2 Zn Zinc Overall demand in the base case Operating Primary demand in the SDS 3 Under construction Primary d
Slide 7: Low Relative Energy Intensity
Low Relative Energy Intensity High-grade mines utilising grid power and lower diesel 1,000,000 160 29M’s Cu-eq production is low energy intensive Energy Intensity / Cu-eq (TJ/kt) 120 Energy Consumption (TJ) 10,000 80 \ 40 100 0 KGH IGO KIO AU LUN GFI NEM GMKN OZL EDV NST ANTO TECK BHP FM SCCO VALE
Slide 8: Productivity and Innovation
Productivity and Innovation Track record of productivity improvement and innovation Investigating 1 Progressing Golden Grove Golden Grove + Shaft haulage options Achievements Shaft hoisting options to reduce costs, diesel use and ‒ 45m sub-level intervals at XE unlock substantial depth potential Gol
Slide 9: High Metal Grades at Operating Assets
High Metal Grades at Operating Assets High Mineral Resources and Ore Reserves 1 (‘R&R’) grades relative to declining head grades globally Declining Global Cu Head Grades 2 Capricorn Copper Produced Cu Grade vs R&R Grade 1.7Mt ore milled 2021 production 4.0% @ 1.7% Cu Ore Reserves 2.0% Mineral Resour
Slide 10: Sustainability & ESG
Sustainability & ESG At 29Metals, we believe that Sustainability and ESG must be part of everything we do, not something we do Safe and Responsible Partnering 29Metals’ first Sustainability & ESG report published with 2021 Annual Report inclusive workplace environmental stewardship with stakeholde
Slide 11: Golden Grove
Golden Grove World-class VHMS system
Slide 12: Discovery Timeline
Discovery Timeline History of discovery and Mineral Resources replacement and growth Golden Grove Mineral Resources Mineral Resources estimates at Dec-31 202: 58.4Mt @ Discoveries 1.6% Cu, 4.4% Zn, 0.7g/t Au, 30g/t Ag 2 Production Growth Opportunities Scuddles starts production. Scuddles 2019 Minera
Slide 13: Cervantes Drilling Campaign
Cervantes Drilling Campaign Successful Exploration Program is ongoing at Cervantes 2021 drilling 1 saw 100% increase in Mineral Resources estimated tonnes 2 2022 drilling program targeting in- mine growth at Cervantes is ongoing Cervantes PFS on track for completion in Sep-Qtr 1. Drilling resu
Slide 14: Future Exploration Opportunities
Future Exploration Opportunities Golden Grove VHMS system controls well understood after decades of drilling Good spatial definition of feeder zones and favourable stratigraphic units allows high probability targeting Priority target areas for repeat mineralisation: Scuddles Long-section 1 Gossan Hi
Slide 15: Capricorn Copper
Capricorn Copper Long-life operation with 1,858km2 of tenements in a highly prospective region
Slide 16: ESS Drilling - Open at Depth with Improving Tenor
ESS Drilling - Open at Depth with Improving Tenor Successful drilling campaign ongoing at ESS sub-level cave ESS Long section ESS Cross Section Outstanding drill results (to date) warranting further commitment to expand the surface program Level of Drilling results show improved current production
Slide 17: Redhill
Redhill Strategic tenement package and project
Slide 18: 2022 Field Campaign
2022 Field Campaign 1 Extension and new vein potential 2 Completion of 29Metals’ first field campaign Returned rock samples highlighted 1.0g/t Au possible extension to existing 1.2% Cu, 0.1g/t Au, 21g/t Ag veins as well as additional veins 0.3% Cu, 0.7g/t Au, 13g/t Ag outside of the existing Min
Slide 19: Summary
Summary Substantial copper producer, with all assets in Tier 1 jurisdictions Delivering on Highly experienced 2 high grade Producing metals Continuing exploration Positioned to grow, commitments team underpinned by operations in Tier 1 required for the global success develop and leverage TEAMS juris
Slide 20: Unlocking value to empower the future
Unlocking value to empower the future 20