Slide 1: Oracle Ridge Mineral Resource Update
Slide 2: Disclaimer
This presentation has been prepared by Eagle Mountain Mining Limited (ACN 621 541 204) (Eagle Mountain) and should be read in conjunction the Company’s Annual Report, issued by Eagle Mountain 22 October 2021 and subsequent ASX announcements made by the company. This presentation is not investment ad
Slide 3: Underground refurbishment works in progress – September 2022
• • • • • Underground refurbishment works in progress – September 2022
Slide 4: Resource update highlights
• • • • • Refer Appendix 1 Refer ASX Announcement 6 October 2022
Slide 5: 11.9m at 2.94% Cu, 42.6g/t Ag, 0.49g/t Au
− 11.9m at 2.94% Cu, 42.6g/t Ag, 0.49g/t Au, including ▪ 3.3m at 7.0% Cu, 98g/t Ag and 1.01g/t Au − 19.1m at 2.23% Cu, 34.1g/t Ag, 0.43g/t Au, including ▪ 9.3m @ 3.63% Cu, 59.6g/t Ag and 0.76g/t Au − 0.7m at 16.9% Cu, 136g/t Ag and 0.25g/t Au − 10.7m at 1.97% Cu, 23.4/t Ag and 0.32/t Au − 3.3m at 3.
Slide 6: Improving grades with higher confidence categories
Improving grades with higher confidence categories Resource Tonnes Cu Ag Au Contained Cu Contained Ag Contained Au Category [Mt] [%] [g/t] [g/t] [t] [Oz] [Oz] Measured 2.1 1.57 16.42 0.21 33,000 1,111,000 14,000 65% of the Resource is Indicated 8.7 1.49 14.94 0.21 129,000 4,178,000 59,000 in Measure
Slide 7: October 2022 Updated JORC Resources
Refer ASX Announcement 6 October 2022 October 2022 Updated JORC Resources (Measured + Indicated + Inferred)
Slide 8: JORC Resources at 1% Cu cut-off
Refer ASX Aannouncements 14 December 2020, 10 March 2022 and JORC Resources at 1% Cu cut-off (Measured + Indicated) 6 October 2022
Slide 9: Refer ASX Announcement 6 October 2022
Refer ASX Announcement 6 October 2022
Slide 10: Significantly improved geological model
SIGNIFICANTLY JMPROVED GEOLOGICAL MEL wa EAGLE MOUNTAIN MINING 95 new diamond holes since previous update Significantly improved drill targeting Many prospective areas remain untested 23 holes pending assays - ongoing expansion and upgrade potential Drilling continues with focus on upgrading and exp
Slide 11: Refer ASX Announcement 6 October 2022
Refer ASX Announcement 6 October 2022
Slide 12: Refer ASX Announcement 5 October 2022
Refer ASX Announcement 5 October 2022
Slide 13: October 2022 timeline
October 2022 Underground Commence JORC Resource Refurbishment Underground Update Tailings Dam Commence Pre- commenced Drilling Design / Permitting Feasibility Study Underground Commenced Sampling Metallurgical Testwork Commenced OREX Drilling Commences (subject to permits) 2022 Surface Drilling Prog
Slide 14: Artisanal Mine at OREX target area
• • Artisanal Mine at OREX target area (outside resource) • • Refer ASX Announcement 16 April 2021 Outcropping mineralisation near the Daily Mine area (outside resource)
Slide 15: Appendix: Drilling results references
Refer ASX Announcements 16 April 2021, 29 July 2021, 31 August 2021, 12 January 2022, 3 March 2022, 15 March 2022 and 20 April 2022
Slide 16: The Eagle Mountain Opportunity
THE EAGLE MOUNTAIN OPPORTUNITY Copper: in-demand commodity in short supply Limited copper projects in development Low disturbance as an underground operation Low emission mine potential Tier 1 jurisdiction Prospective geology JORC Resources continue to grow Previously mined Existing infrastructure f
Slide 17: Announcement approved for release by the Board
This Announcement has been approved for release by the Board of Eagle Mountain Mining Limited
Slide 18: Competent Person and JORC compliance statement
The Company’s Mineral Resource Statement has been compiled in accordance with the Australian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (The JORC Code 2012) and Chapter 5 of the ASX Listing Rules and ASX Guidance Note 31. The Company has no Ore Reserve estimates. T