Mrg Metals Limited · ASX:MRQ
Mrg Metals — Investor Presentation (October 2021)
17 slides from Mrg Metals's investor presentation, Oct 19, 2021
Slide 1: Discovery to Development – MRG Metals, a Significant HMS Player
For personal use only DISCOVERY TO DEVELOPMENT MRG METALS – A SIGNIFICANT HMS PLAYER I N V E S TO R P R E S E N TAT I O N // October 2021 // ASX: MRQ
Slide 2: Disclaimer
DISCLAIMER For personal use only The information contained in this presentation has been prepared by MRG Metals Ltd (MRG). This presentation is for information only and not an offer, invitation, solicitation or other recommendation with respect to the subscription for, purchase or sale of any securi
Slide 3: What are Heavy Mineral Sands (HMS)?
W H AT A R E H E AV Y M I N E R A L S A N D S ( H M S ) ? For personal use only ▪ HMS deposits are found in shoreline environments – mostly exploited for titanium minerals and zircon ▪ The Valuable Heavy minerals fall into two categories: Titanium minerals (ilmenite, leucoxene and rutile) and Zircon
Slide 4: Heavy Mineral Sands Uses
H E AV Y M I N E R A L S A N D S U S E S For personal use only ▪ Titanium is used as TiO2 pigment in paint, welding electrode fluxes, alloying agent with Al, Fe, Mo and Mn ▪ The alloys are used in aerospace and aircraft applications including engines, where strong, lightweight, temperature- resistan
Slide 5: Heavy Mineral Sands – Market Upside
H E AV Y M I N E R A L S A N D S – M A R K E T U P S I D E For personal use only MRG MOZAMBIQUE ASSETS ▪ Outlook is improving - market has bottomed RUTILE ZIRCON ILMENITE and is on the rise US$ US$ US$ 250+/T 1250+/T 1500+/T ▪ Titanium Oxide and Titanium metal demand increasing ▪ Titanomagnetite has
Slide 6: Who is MRG Metals?
W H O I S M R G M E TA L S ? MRG Metals is a junior ASX explorer, punching way above it’s weight! A world class JORC classified discovery in the bag - now working For personal use only towards a 100 year mine development ▪ 4 high calibre 100 % owned projects (746km2) and 1 further project under appl
Slide 7: Mine Start-up Opportunities – Leapfrog Modelling August 2021
M I N E S TA R T U P O P P O R T U N I T I E S - LEAPFROG MODELLING August 2021 Very High-Grade For personal use only Grade THM (%) * Volume (Million M3) ** Target Koko Massava 5-6% 224 >6% 68 Nhacutse 5-6% 129 >6% 11 Poiombo 5-6% 27 >6% 9 * Based in part on Visual Estimation of grade ** Derived fro
Slide 8: Schematic Cross Section – Koko Massava
S C H E M AT I C C R O S S S E C T I O N – K O K O M A S S AVA HIGH GRADE For personal use only Refer map Slide 8 Leapfrog modelling of assay and visually estimated grade from previous MRE plus recent infill drilling shows: ▪ A potential high grade zone of 292 million cubic metres at a cut-off grade
Slide 9: Koko Massava – Current Program
KO KO M A S S AVA – C U R R E N T P R O G R A M Significant Infill Drill Assays (THM Assays) 21CCAC703 58.5m @ 5.77% THM from surface including 52.5m @ 6.23% THM from 6m For personal use only and 16.5m @ 10.75% THM from 39m 21CCAC709 58.5m @ 5.64% THM from surface including 51.0m @ 6.05% THM from 7.
Slide 10: Koko Massava – On the Road to Development
Ko ko M a s s av a – O n t h e Ro a d t o D eve l o p m e n t ▪ 7 holes averaging over 6% THM. Drilling to depth of 50m For personal use only ▪ 3 high grade near surface zones identified from recent infill and extension drilling - expected to result in an MRE as “Indicated Resource” - MRE now underw
Slide 11: IHC Mining Contracted to Commence MRE; Pit Optimisation and Scoping Study
IHC MINING CONTRACTED TO COMMENCE MRE; P I T O P T I M I S AT I O N / M E T W O R K A N D S C O P I N G S T U D Y * Activity Scheduled for Completion For personal use only Updated Mineral Resource Estimate (MRE) at Koko Massava utilising recent infill drilling and expansion drilling results Mid Nove
Slide 12: Value Proposition of Corridor Central and Corridor South Sands
V A L U E P R O P O S I T I O N O F C O R R I D O R C E N TA L AND CORRIDOR SOUTH SANDS TOTAL HEAVY MINERAL (THM) VHM ASSEMBLAGE For personal use only BREAKDOWN VHM CONCENTRATE MINERAL DESCRIPTION PRICE (%) (US$/t) Naturally occurring very high-grade titanium dioxide 1-2 Rutile +$1,200 feedstock, ty
Slide 13: Koko Massava Ilmenite Resource
KO KO M A S S AVA I L M E N I T E R E S O U R C E For personal use only 8.0% Tronox (Namakwa) 40.1% Ilmenite 7.0% Dinsheng (Corridor 1) 53.0% Ilmenite 6.0% Early Mine MRG (Corridor C&S) Life Potential 43.0% Ilmenite Heavy Mineral Percentage 45+% Ilmenite 5.0% Base (Kwale) 4.0% 51.0% Ilmenite Rio/Sav
Slide 14: Corridor Projects – Potential Infrastructure Boost
CORRIDOR PROJECTS POTENTIAL INFRASTRUCTURE BOOST Proposed Multibillion-dollar Chongoene Development For personal use only Corridor Project (CDC) – deep water seaport with proposed mineral processing zone (ASX Announcement 6 August 2020) ▪ Phase 1 of the CDC Development expected to commence in 2023 a
Slide 15: The Opportunity to Invest
THE OPPORTUNITY TO INVEST ▪ Over 2 Billion Tonnes of JORC Resource + JORC Exploration Target at preliminary economic grades already confirmed For personal use only ▪ Scalable projects at High THM grades from surface with potential long mine life ▪ Near term opportunity of identifying multiple very h
Slide 16: Corporate Snapshot
C O R P O R AT E S N A P S H O T For personal use only FINANCIALS BOARD AND MANAGEMENT Share price @ 14/10/21 0.010c Andrew Van Der Zwan // Executive Chairman // BA Chemical Engineering (Honours) Shares on Issue 1.54 billion Andrew has over 30 years commercial and engineering experience. He is Non-E
Slide 17: Contacts
For personal use only C O N TA C T S MRG Metals Andrew Van Der Zwan Chairman +61 (0) 400 982 987 andrew@mrgmetals.com.au Investor Relations Victoria Humphries NWR Communications +61 (0) 431 151 676 victoria@nwrcommunications.com.au w w w. m r g m e t a l s . c o m . a u