Minerals 260 Limited · ASX:MI6
Minerals 260 — Resources Rising Stars Summer Series 2022
20 slides from Minerals 260's conference presentation, November 2022
Slide 1: “It’s Drill Time……”
ASX : MI6 “It’s Drill Time……” Closing in on the next significant mineral discovery in WA’s new Julimar Province Resources Rising Stars David Richards Summer Series Managing Director Sydney/Melbourne Nov/Dec 2022 November 2022 Minerals 260 Limited 1 Minerals 260 Limited 1
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer Forward Looking Statements The Information in this Report that relates to Exploration Results for the Moora and Koojan Projects is extracted from the following Minerals 260 Limited ASX announcements titled : This presentation may contain forward-looking statements, g
Slide 3: Quality Projects, Proven Board and Strong Financial Position
Quality Projects, Proven Board and Strong Financial Position Anthony Cipriano Chairman +30 years (Chartered Accountant) KEY ASSET - Moora/Koojan JV Projects Director of Liontown Resources and (Copper-Gold-Nickel-PGE) Former Senior Partner at Deloitte Emerging mineral province following discovery of
Slide 4: Delivering on IPO Strategy
Delivering on IPO Strategy Completed/Proposed Timeline Results confirm and upgrade prospectivity of 2021 2022 2023 key Moora/Koojan asset Project Activity Q4 Q1 Q2 Q3 Q4 Q1 Q2 • Significant copper and/or gold intersected All Listing at 3 prospects Core Drilling • New palladium-platinum (PGE) target
Slide 5: The Moora and Koojan JV Projects
The Moora and Koojan JV Projects
Slide 6: Strategic Holding in an Emerging Precious and Base Metal Province
Strategic Holding in an Emerging Precious and Base Metal Province Large, contiguous land position (~1,000km2) Early mover in the region Drill results highlight potential for significant discovery Multiple, high order geochemical and geophysical targets being drilled Minerals 260 Limited 6 6
Slide 7: Drill Ready Targets
Drill Ready Targets Mt Yule Corridor (MYC) Initial exploration focus Advanced prospects coincident with Mt Yule Magnetic Anomaly - Mynt, Angepena and Zest Recent drilling confirms PGE potential at Acga Includes regionally significant Moora Gravity Anomaly (MGA) Western Trend Interpreted northern ext
Slide 8: Mt Yule Magnetic Anomaly (MYMA/100%)
Mt Yule Magnetic Anomaly (MYMA/100%) Mynt (Cu/Au) • +1.5km long zone • Up to 24m @ 1.9% Cu and 0.7g/t Au Zest (Cu/Au) • Intersected by reconnaissance drilling • Up to 12m @ 1.4% Cu and 2.0g/t Au Angepena (Au) • +900m long zone • Up to 43m @ 1.8g/t Au • Plus copper and cobalt All zones open along str
Slide 9: Mynt Copper/Gold Prospect
Mynt Copper/Gold Prospect IP image on magnetics 6.7% Cu 3.4% Cu 1.9% Cu 2.5% Cu 3.2% Cu 4.2% Cu 3.4% Cu 1.9% Cu >1.5km long coincident geochemical and geophysical anomaly 1.2g/t Au 1.3g/t Au 0.9g/t Au 0.9g/t Au 1.5g/t Au 1.6g/t Au 1.2g/t Au 0.6g/t Au MRRC0040 100-108m Minerals 260 Limited 9
Slide 10: Angepena Gold Prospect
Angepena Gold Prospect • >900m long • Open along strike and at depth • Multiple mineralised lodes • Main zone coincident with mafic/ultramafic contact • Structural review in progress ahead of further drilling Minerals 260 Limited 10
Slide 11: Acga PGE Prospect – New discovery
Acga PGE Prospect – New discovery Gravity Image Drill Section Minerals 260 Limited 11 11
Slide 12: Moora Gravity Anomaly (MGA/100%)
Moora Gravity Anomaly (MGA/100%) • Regionally significant • ~10km long, up to 3.5km wide • Dense mafic/ ultramafic intrusion? • Under shallow cover • ~25km long margin appears to be important control • Largely untested – priority focus 3D Inversion (Model) Minerals 260 Limited 12 12
Slide 13: Koojan JV (Right to earn 51%)
Koojan JV (Right to earn 51%) Adjoins western boundary of Moora Project 2021 – Initial targets defined 2022 – Further targets identified • Gravity (400 x 400m) • Detailed aeromagnetics • Gradient array IP (GAIP) • Infill/first-pass geochemistry • Reconnaissance air-core drilling RC drill follow up i
Slide 14: Koojan JV– Coincident Geochemical/IP targets
Koojan JV– Coincident Geochemical/IP targets Bourbana – Au v IP Image Mallory – Au+Cu+PGE v IP image Minerals 260 Limited 14 14
Slide 15: Moora/Koojan JV – Next Steps
Moora/Koojan JV – Next Steps* Advanced Prospects • Mynt – Cu/Au • Zest – Cu/Au • Angepena - Au • 3,000 – 5,000m RC (+ DD) New Targets • Acga – PGE/Cu • Mallory – Cu/PGE/Au • Bourbana (and nearby) - Au • ++ others – Au/Cu/Au/PGE • 7,000 – 10,000m RC (+DD) Target Definition • Structural review • GAIP
Slide 16: Dingo Rocks
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Slide 17: Dingo Rocks – Emerging Precious Metal and REE Province
Dingo Rocks – Emerging Precious Metal and REE Province • Albany Fraser Province marginal to Archaean Yilgarn Craton • Prospective geology obscured by transported cover • Magnetic highs untested by previous exploration • 2022 drill results* from adjacent explorers indicate precious metal and REE pros
Slide 18: Dingo Rocks – Gravity Survey
Dingo Rocks – Gravity Survey • Gravity data confirm denser rocks – possibly mafic/ultramafic intrusions • Heritage survey completed • Phase 1 flora/fauna surveys completed • Drilling scheduled for Q2 2023 • Monitor neighbouring REE results 3D Gravity model on grey-scale magnetic image Minerals 260 L
Slide 19: Investment Case
Investment Case Pre-emptive move into the Julimar Mineral Province confirms technical capabilities Significant PGE, copper and gold intersected in drilling Follow-up drilling in progress Strong target pipeline Key access agreements in place Immature exploration terrains Highly successful board and m
Slide 20: Thank You
Thank You ASX : MI6 “Licensed to Drill” For more information please visit www.minerals260.com.au or call: David Richards Anthony Cipriano Managing Director Chairman T: +61 8 6556 6020 T: +61 8 6556 6020 info@minerals260.com.au info@minerals260.com.au Minerals 260 Limited 20
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