Magna Mining Inc · TSX:NICU
Magna Mining — Investor Presentation (December 2024)
22 slides from Magna Mining's investor presentation, December 2024
Slide 1: Copper & Nickel Production in North America's Premier Mining District
TSXV: NICU COPPER & NICKEL PRODUCTION IN NORTH AMERICA’S PREMIER MINING DISTRICT December 2024 September [•], 2024 www.magnamining.com
Slide 2: Cautionary Statements
CAUTIONARY STATEMENTS Cautionary Statement Regarding Forward-Looking Information This presentation contains forward-looking information and forward-looking statements (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other
Slide 3: The Sudbury Advantage
THE SUDBURY ADVANTAGE OVER 100 YEARS OF MINING HISTORY INFRASTRUCTURE & PROCESSING FACILITIES LOW-COST ACCESS TO EXPLORATION AND DEVELOPMENT SOCIAL LICENSE TO OPERATE WORLD CLASS MINERAL ENDOWMENT
Slide 4: Magna Mining Growth Pipeline
MAGNA MINING GROWTHPIPELINE GROWTH PIPELINE EXPLORATION 0 PROVEN MANAGEMENT TEAM
Slide 5: Property Locations
PROPERTY LOCATIONS Exclusive location: Alongside Vale and Glencore, Magna will be the only other company with a producing mine and a multi-asset CREATION portfolio of OF A PRODUCING, mining HIGH-GROWTH properties in one of CANADIAN Canada’s oldest and COPPER most prestigious AND NICKEL MINING COMPAN
Slide 6: Magna Mining's Production Pipeline
MAGNA MINING’S PRODUCTION PIPELINE Pipeline of projects: Magna now has a portfolio of low capex, Production MCCREEDY WEST brownfield or past producing assets that can provide a platform for significant production growth for the next 5 years LEVACK CREAN HILL Permitted Bootstrapped production plan: S
Slide 7: Combined Resources
COMBINED RESOURCES Total Contained Metal in NI 43-101 • 780 million lbs of copper Compliant Resources • 742 million lbs of nickel • 2.6 million ounces of precious metals (Pt, Pd + Au) • 2.8 billion lbs of copper equivalent (Cu Eq) Additional Contained Metal in • 270 million pounds copper • 337 milli
Slide 8: McCreedy West - Levack Footwall Exploration
McCREEDY WEST - LEVACK FOOTWALL EXPLORATION FNX30678 30.3% Cu, 4.0 g/t Pt+Pd+Au over 0.6 m 700 Cu PM Zone Morrison Deposit Under-explored Sudbury Breccia Trend FNX20578 FNX7150 3.4% Ni, 14.3% Cu, 4.0% Ni, 3.1% Cu, 23.5 g/t Pt+Pd+Au 31.4 g/t Pt+Pd+Au over 1.7 m over 1.9 m * For more information, plea
Slide 9: Levack | Exploration Upside
LEVACK | EXPLORATION UPSIDE Keel Zone FNX20131 3.7% Ni, 5.5% Cu, 855710 1.7 g/t Pt+Pd+Au 0.3% Ni, 31.0% over 7.3 m Cu, 12.4 g/t Pt+Pd+Au over 1.4 m No. 3 FW Zone FNX6616 2.1% Ni, 12.3% Cu, 62.1 g/t Pt+Pd+Au over 1.8 m FNX6647 1.9% Ni, 20.4% Morrison Footwall Cu, 7.6 g/t Cu -PGE Deposit Pt+Pd+Au over
Slide 10: Crean Hill Footwall Exploration
CREAN HILL FOOTWALL EXPLORATION 9400 Zone Main LM01821 Zone 1.1% Ni, 0.9% Cu, 18.9 g/t Pt+Pd+Au 3150 Sudbury over 14.8m Breccia Trend FW Structure In Progress Drillhole EM 1003410 0.3% Ni, 4.2% Cu, Conductor 433 g/t Pt+Pd+Au over 0.5m
Slide 11: Regional Exploration - Shakespeare
R E G I O N A L E X P LO R AT I O N – S H A K E S P E A R E * For more information, please refer to the news release dated November 4, 2024.
Slide 12: Capital Structure
CA P ITA L ST R U CT URE Management & Directors C U R R E N T CA P I TA L ST R U CT U R E 9% Institutional Retail 1 ~53% Issued & Outstanding 194,364,218 ~37% Options & RSU’s 10,665,700 Warrants 2 26,567,386 TOP SHAREHOLDERS Fully Diluted 231,594,304 Dundee Corporation 22% Hawkes Point LLC 11% Cash3
Slide 13: Why Invest in Magna Mining Now?
WHY INVEST IN MAGNA MINING NOW? PRODUCING COMPANY IN Q1 2025 EXPLORATION RESULTS IMPROVING MARKET AWARENESS & ACCESS TO CAPITAL PIPELINE OF PROPERTIES AND THE POTENTIAL FOR ‘BOOTSTRAPPED’ GROWTH BEGINNING OF A RAPID GROWTH TRAJECTORY
Slide 14: Appendix - Mining for Our Future
APPENDIX MINING FOR OUR FUTURE TSXV: NICU Jason Jessup, CEO Paul Fowler, Senior Vice President Jason.Jessup@magnamining.com Paul.Fowler@magnamining.com www.magnamining.com
Slide 15: Management
MANAGEMENT Jason Jessup, MBA - CEO & Director Jason has over 25 years of experience in the mining industry comprising operations management, corporate development and project evaluation. Formerly FNX Mining, Sandstorm Gold, Premier Royalty, and INCO. Paul Fowler, CFA - Senior Vice President Paul is
Slide 16: Directors and Strategic Advisors
DIRECTORS AND STRATEGIC ADVISORS V e r n B a k e r , P .E n g . , M B A C h a i r m a n Vern has +30 years of experience in the mining sector. He is currently the CEO of Jaguar Mining (TSX), previously served as General Manager of Goldcorp’s Cerro Negro Mine, VP Operations at FNX Mining, and Preside
Slide 17: Transaction Highlights
TRANSACTION HIGHLIGHTS ACQUISITION OF A MULTI-ASSET PORTFOLIO Purchase of a multi-asset portfolio of Sudbury properties from KGHMI (previously owned & operated by FNX Mining): • Producing Mine: McCreedy West • Care & Maintenance Mines: Levack & Podolsky • Past Producing Mine: Kirkwood • Additional E
Slide 18: Transaction Description
TRANSACTION DESCRIPTION Acquired Properties • Producing Mine: McCreedy West • Care & Maintenance Mine: Levack & Podolsky • Past Producing Mine: Kirkwood • Additional Exploration Properties (4) Payment on Closing • C$5.3 million in cash • C$2 million of Magna Mining common shares at close Deferred Pa
Slide 19: Crean Hill - Overview
CREAN HILL – OVERVIEW PAST PRODUCING MINE, BROWNFIELD SITE • A past producing mine for INCO • Short timelines to production re-start • Proximity to existing infrastructure Crean Hill Project Underground Mineral Resource Estimate 1, April 15, 2024 SIGNIFICANT RESOURCE & LONG MINE LIFE Cut-off Cu Ni C
Slide 20: KGHM Acquisition - Mineral Resources
KGHM ACQUISITION - MINERAL RESOURCES NI 43 101 MINERAL RESOURCE ESTMATE McCreedy West Underground Mineral Resource Estimate, Dec 31, 20231 Cut-off Grade Tonnes Ni % Cu % Co % Pt g/t Pd g/t Au g/t Ag g/t Ni Eq % NiEq (%) Indicated 1.10 9,345,000 0.89 1.30 0.024 0.96 1.10 0.45 5.28 2.02 Inferred 1.10
Slide 21: McCreedy West Mineral Resources
McCREEDY WEST MINERAL RESOURCES MCCREEDY WEST NI 43 101 MINERAL RESOURCE ESTMATE BY ZONE 1 700 Zone Cut-off Grade Tonnes Ni % Cu % Co % Pt g/t Pd g/t Au g/t Ag g/t NiEq % NiEq (%) Indicated 1.1 5,230,000 0.7 1.92 0.014 1.08 1.17 0.57 6.48 2.16 Inferred 1.1 63,000 1.63 1.23 0.04 0.4 0.43 0.1 0.82 2.4
Slide 22: Notes on McCreedy West and Historical Mineral Resources
NOTES ON McCREEDY WEST AND HISTORICAL MINERAL RESOURCES McCreedy West Property Mineral Resource Estimate Notes: 1. The effective date of the McCreedy West Property Mineral Resource Estimate (MRE) is December 31, 2023. This is the close out date for the final mineral resource models and mine out mode