Aumega Metals Ltd · ASX:AAM
Aumega Metals — Investor Presentation (November 2024)
36 slides from Aumega Metals's investor presentation, Nov 11, 2024
Slide 1: Corporate Presentation
For personal use only Corporate Presentation aumegametals.com ASX: AAM | TSXV: AUM | OTCQB: AUMMF
Slide 2: Disclaimer and Forward Looking Statements
Disclaimer and Forward Looking Statements Disclaimer and Forward-Looking Statements This presentation is not a prospectus nor an offer to sell, nor a solicitation of an offer to buy, securities for subscription or sale in any jurisdiction nor a securities recommendation. The information in this pres
Slide 3: AuMEGA Value Proposition
AuMEGA Value Proposition Fully funded for the Company’s largest ever exploration program in 2025 For personal use only DISTRICT SCALE LAND PACKAGE On a proven multi-million-ounce gold structure “BLUE-CHIP” SHAREHOLDER REGISTER Led by B2Gold as a strategic investor WORLD-CLASS EXPLORATION To maximise
Slide 4: AuMEGA Overview
AuMEGA Overview CAPITAL STRUCTURE MINERAL LARGEST SHAREHOLDERS(4) For personal use only RESOURCES(2) INVESTOR OWNERSHIP TRADING SYMBOLS 1. GBA/Shaws HNW(5) 13.0% AAM AUM AUMMF INFERRED RESOURCES ASX TSXV OTCQB 2. B2Gold 9.7% 3.5 Mt @ 1.4 g/t 3. SSI Asset Management 5.1% MARKET METRICS for 160 koz Au
Slide 5: Upsized Private Placement Financing
Upsized Private Placement Financing Significant demand for new and existing shareholders for gross proceeds C$16.1 million For personal use only Gross Values (Before Costs) Pricing Tranche 1 Tranche 2 TOTAL (per share) (closed) (subject to shareholder approval) Premium Flow Through C$0.068 / A$0.074
Slide 6: Highly Experienced Board & Management
Highly Experienced Board & Management Seasoned Mining & Exploration Experience With Proven Track Record Of Success Management Board of Directors For personal use only Sam Pazuki Ryan Finkelstein Justin Osborne Kerry Sparkes Managing Director & CEO Chief Financial Officer Chair Non-Executive Director
Slide 7: District Scale Land Package
District Scale Land Package Several discrete projects of scale along both prospective gold structures in Newfoundland For personal use only DISTRICT SCALE LAND PACKAGE On a proven multi-million-ounce gold structure SIGNIFICANT POTENTIAL FOR MAJOR DISCOVERIES Multiple opportunities to unlock value LI
Slide 8: Comprehensive 2024 Exploration Program
Comprehensive 2024 Exploration Program COMPLETED INAUGURAL BOH RC DRILL PROGRAM GEOPHYSICS & GEOCHEMISTRY For personal use only Three large mineralised zones identified High-resolution airborne magnetics, Electro-magnetics Till/soil sampling Malachite Hermitage Intersection Bunker Hill DIAMOND DRILL
Slide 9: 2024 Progress and News Flow
2024 Progress and News Flow Mar Q 2024 Jun Q 2024 Sep Q 2024 Dec Q 2024 For personal use only Winter Exploration Program Spring & Summer Exploration Program Results, analysis & planning Inaugural RC drill program Phase One Diamond Drilling Phase Two Diamond Drilling Planning for 2025 Geophysical and
Slide 10: Bunker Hill
For personal use only Bunker Hill aumegametals.com ASX: AAM | TSXV: AUM | OTCQB: AUMMF 10
Slide 11: Bunker Hill And Intersection
Bunker Hill And Intersection Expansive area with limited historic exploration work with indicators of intrusive mineralisation For personal use only Recent High-Grade Outcrop Results (1) ▪ Copper: 17.2%, 12.4% & 4.1% ▪ Silver: 19.1 g/t, 16.9 g/t ▪ Significant fluorite, iron oxides, tellurium & bismu
Slide 12: Bunker Hill Higher Grade Copper Samples
Bunker Hill Higher Grade Copper Samples Two major intrusive structures identified across this large, vastly underexplored property For personal use only Nitty Gritty Granite ▪ Displays several features characteristic of potential porphyry mineralisation ▪ Nearly one kilometre of strike identified ▪
Slide 13: Intersection
For personal use only Intersection aumegametals.com ASX: AAM | TSXV: AUM | OTCQB: AUMMF 13
Slide 14: Intersection Till Results
Intersection Till Results(1) Highly encouraging gold in till results with four large anomalous areas defined For personal use only Target Area 1 ▪ Elevated gold situated adjacent to several major second and third order structures ▪ Geologically complex with two-kilometres of strike Target Area 2 ▪ S
Slide 15: Valentine Project Comparison
Valentine Project Comparison Valentine deposits presenting similar attributes to that of Bunker Hill and Intersection For personal use only (1) Structural Setting ▪ Structural setting of Valentine deposits provides insights for Bunker Hill and Intersection and other targets along the CRSZ ▪ Structur
Slide 16: Resource Corridor
For personal use only Resource Corridor aumegametals.com ASX: AAM | TSXV: AUM | OTCQB: AUMMF 16
Slide 17: Phase One Diamond Drilling Yielded Positive Results
Phase One Diamond Drilling Yielded Positive Results INDICATED MINERAL RESOURCES(1) INFERRED MINERAL RESOURCES (1) For personal use only 6.2 Mt @ 2.25 g/t for 450 koz Au 3.5 Mt @ 1.4 g/t for 160 koz Au 2024 Diamond Drilling Completed ▪ Approximately 1,900 metres drilling ▪ Deepest ever hole drilled a
Slide 18: Additional Targets Identified in Resource Corridor
Additional Targets Identified in Resource Corridor Intriguing results from the diamond drill program identifies additional future targets For personal use only Mineralisation Extended at Central Zone(1) ▪ Both Zones 04 and 41 open down plunge and at depth Intersected Intriguing Geological Units ▪ Dr
Slide 19: Cape Ray Kinematic Framework
Cape Ray Kinematic Framework New regional kinematic framework presents significant change to previous theories For personal use only Comprehensive Structural Review ▪ Review of drill core, geochemistry and geophysics Variable Contributions to Gold Fluid Transport ▪ Metal inventory hypothesized as so
Slide 20: Hermitage
For personal use only Hermitage aumegametals.com ASX: AAM | TSXV: AUM | OTCQB: AUMMF 20
Slide 21: Hermitage Project
Hermitage Project Largest arsenic & antimony anomaly in Newfoundland – with confirmed association with gold For personal use only Significant Gold Belt ▪ Structural hosts other major gold discoveries including NewFound Gold’s Queensway Project Geologically Akin to Major Global Gold Deposits ▪ Simila
Slide 22: Hermitage Progress
Hermitage Progress Limited exploration to-date has yielded significant results that support Hermitage’s big potential For personal use only Multi-gram Gold Discovered Through Prospecting ▪ 7.31 g/t, 2.15 g/t, 2.10 g/t (all outcrops) with significant pathfinders(1) Scale of Opportunity is Considerabl
Slide 23: Hermitage 2024 Exploration Program
Hermitage 2024 Exploration Program Advancing high-priority, highly prospective targets for future drilling For personal use only High-Value Geophysics ▪ Higher resolution airborne magnetics planned to better define geological structures and features Comprehensive Geological Mapping & Prospecting ▪ T
Slide 24: Malachite
For personal use only Malachite aumegametals.com ASX: AAM | TSXV: AUM | OTCQB: AUMMF 24
Slide 25: Malachite Progression
Malachite Progression 2022 2022 - 2023 2024 2025 & beyond For personal use only Geophysics Geochemistry Limited Limited Prospecting and RC BOH/BOT Larger drill reconnaissance reconnaissance (airborne magnetics) (till & soils) mapping Drilling program drilling drilling aumegametals.com ASX: AAM | TSX
Slide 26: Malachite 2024 Winter RC Drill Program
Malachite 2024 Winter RC Drill Program Multiple anomalous trends identified using gold and pathfinder results For personal use only First-ever RC BOH/BOT Sampling Program ▪ Tested highly prospective geological feature identified through early-stage works ▪ Tested major breakout structure off signifi
Slide 27: Malachite Diamond Drilling in Progress
Malachite Diamond Drilling in Progress Completed highly successful winter RC drill program that identified several diamond drill targets(1) For personal use only Reconnaissance diamond drill program ▪ Approximately 1,000 to 1,500 metres planned ▪ Initial program ahead of larger program O-2 East Targ
Slide 28: Proven Approach For Major Discoveries
Proven Approach For Major Discoveries Company Company Company For personal use only RUPERT RESOURCES GOLD ROAD ANGLOGOLD ASHANTI (RUP.TO) (GOR.AX) (AU:US) Company Project Resource Project Resource Project Resource IKKARI 4 Moz Au+ GRUYERE 8-10 Moz Au SUNRISE DAM 15 Moz Au+ AUMEGA METALS Early discov
Slide 29: Blue Cove Copper Project
For personal use only Blue Cove Copper Project aumegametals.com ASX: AAM | TSXV: AUM | OTCQB: AUMMF 29
Slide 30: Blue Cove Copper Project
Blue Cove Copper Project Low-cost exposure to early-stage copper ± lead, zinc and silver exploration project For personal use only Significant Strike Length ▪ Approximately 48 km2 of claims covering 25 km of continuous strike Five Primary Target Areas Identified ▪ Each with several high-grade copper
Slide 31: Best-in-class Exploration
Best-in-class Exploration For personal use only Prospecting, Mapping & Sampling Geophysics And Bottom-of-Hole / Basal Diamond Drilling And Geological Resource Building And Definition Geochemistry Till Sampling Modelling First pass exploration work to Understanding geological Lower cost RC drilling t
Slide 32: AuMEGA Metals Limited
AuMEGA Metals Limited For personal use only 24 Hasler Road, Osborne Park WA 6017 Australia Ph: +61 8 6117 0478 (Australia) Ph: +1 780 665 4925 (Canada) E: info@aumegametals.com www.aumegametals.com @aumegametals https://au.linkedin.com/company/aumega-metals ASX: AAM | TSXV: AUM | OTCQB: AUMMF aumega
Slide 33: A Portfolio of Potential
A Portfolio of Potential Cape Ray Malachite Large geochemical and geophysical targets remain untested by drilling in Complex structural geometries: situated on first major bend in the CRSZ the direct Brownfields environment For personal use only Large brittle structures splaying off the CRSZ Down-pl
Slide 34: Technical Workshop
Technical Workshop(1) Identified 37 targets including nine new targets that will be ranked, prioritized and work programs developed to advance through opportunity pipeline For personal use only 1. See ASX announcement dated 4 July 2024 aumegametals.com ASX: AAM | TSXV: AUM | OTCQB: AUMMF 34
Slide 35: Systematic Exploration that Respects Shareholder Capital
Systematic Exploration that Respects Shareholder Capital EARLY STAGE For personal use only ▪ Prospecting, sampling and mapping Balanced Exploration ▪ Geophysics (e.g. gravity) and Program geochemistry Mix of exploration within the resource corridor & Greenfields INTERMEDIATE STAGE Building a Pipelin
Slide 36: Detailed Mineral Resource Estimate
Detailed Mineral Resource Estimate(1) Open Pit Mineral Resource Estimate Underground Mineral Resource Estimate Resource Cut-off Grade Tonnes Grade Contained Metal Cut-off Grade Tonnes Grade Contained Metal For personal use only Deposit Zone Classification g/t Au kt g/t Au koz Au g/t Au kt g/t Au koz
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