Monument Mining Limited · TSXV:MMY
Monument Mining — Investor Presentation (March 2018)
42 slides from Monument Mining's investor presentation, March 2018
Slide 1: Moving Towards a Mid-Tier Multiple Mines Gold Producer
Moving Towards a Mid-Tier Multiple Mines Gold Producer Investor Presentation- March 2018
Slide 2: Forward Looking Statements
Forward Looking Statements This presentation includes statements containing forward-looking information about Monument, its business and future plans (“forward-looking statements”). Forward-looking statements are statements that involve expectations, plans, objectives or future events that are not h
Slide 3: Monument's Multiple Operations
Monument’s Multiple Operations Selinsing Gold Mine 150 km² 260Koz PRODUCED Murchison Gold Project 259 km² Mengapur Copper-Iron Project 9 km²
Slide 4: Investment Summary
Investment Summary • Gold producer, developer , explorer and acquirer $253.4 million mineral property portfolio in Malaysia and Western Australia • Selinsing Gold Mine in Malaysia - 8 years in production for 266,787 ounces with $368.1 million revenue and 5 year tax holiday - New resources of 764,000
Slide 5: Growth Focus with Strong Balance Sheet
Growth Focus with Strong Balance Sheet Audited Consolidated Statements of Financial Position As at June 30, 2017 5
Slide 6: Monument Value Chain
Monument Value Chain GROWTH IN GOLD ASSETS Our ultimate objective is to build healthy gold assets over our current assets, through acquisitions and return the value to our shareholders. BUILD ON OUR FOUNDATIONS Our primary short term objective is to Take Selinsing Gold Mine to the next stage with
Slide 7: Gold Portfolio Growth & De-risk Strategies
Gold Portfolio Growth & De-risk Strategies Staged development, start small, grow big - Quick cash generation with early stage production - Proactive operation plan for future expansion - Effective exploration strategy for gold inventory replacement and gold deposit discovery Acquisitions with se
Slide 8: Success Factors
!" ONUMENT TSX-V MMY Success Factors Proven leadership Growing gold portfolio Multiple region operations Successful gold producer Low cost production Upside exploration potential = Sound technical team = Continuing stakeholders’ support
Slide 9: Management Team
Management Team Robert Baldock Executive Chairman Cathy Zhai President & CEO Zaidi Harun VP, Business Development Matthew Antill General Manager Neil Rauert Senior Project Manager, Technical Support Charlie Northfield General Manager, Selinsing Roger Stangler Chief Managing Geologist
Slide 10: Selinsing Success Story
Selinsing Success Story 2007 2016 #1 • Acquired Tenements in June 2007 • Started Selinsing Gold Mine commercial production in September 2010 2010 • Upgraded mill capacity to 1 million tpa in August 2012 • Replaced more than 100% of the gold inventory in December 2016 Resources and Reserves update •
Slide 11: Selinsing Success Story – Financial Results
Selinsing Success Story – Financial Results At 10th Anniversary -June 30, 2017 $360M 260Koz Gross Revenue Growth focused Expenditure for NEW GOLD: Project to Fiscal year 2007~2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Date Selinsing_Buffalo Reef_Felda (in US$ 000s) Acquisition in cash 15,037
Slide 12: Selinsing Gold Mine in Malaysia
Selinsing Gold Mine in Malaysia • Located at Bukit Selinsing, 158.6 km north of Kuala Lumpur, the Capital of Malaysia. • Covering 150 km² on Peninsular Gold Belt containing multiple mining centres. • Aggregation of 4 major projects of: Selinsing Felda land Buffalo Reef Famehub - All in truck
Slide 13: Selinsing/Buffalo Reef/Block 7 Reserves
Reserves Fully replaced GOLD inventory for 6 years’ life of mine forward at Selinsing 10 year anniversary (NI 43-101, Snowden Dec. 2016) 279 KOZ GOLD Selinsing/Buffalo Reef/Block 7 Table 1: Selinsing-Buffalo Reef/Felda Reserves as of June 30, 2016 (Snowden) OXIDE (above approx. 0.3 g/t TRANSITION (a
Slide 14: Selinsing/Buffalo Reef/Block 7 Resources
Resources Selinsing/Buffalo Reef/Block 7 Table 2: Selinsing-Buffalo Reef/Felda Resources as of June 30, 2016 (Snowden) 764 KOZ GOLD OXIDE (above 0.3 g/t Au cut- TRANSITION (above 0.7 g/t SULPHIDE (above 0.7 g/t Au OXIDE + TRANSITION + Category off) Au cut-off) cut-off) SULPHIDE Au Au Au Au kTonnes g
Slide 15: Selinsing – Sulphide Financial Projection
Selinsing – Sulphide Financial Projection Economic model after taxation Economic model before taxation at gold price US$1,255 per ounce Item Unit Value at $1,255 /oz Au Item Unit Value at $1,255 /oz Au Net cash flow $M 37.2 Net cash flow $M 47.7 NPV8 $M 23.1 NPV8 $M 31.4 IRR % 34.8 IRR % 43.5 Selins
Slide 16: Selinsing Gold Processing Plant
Selinsing Gold Processing Plant UPGRADED Outotec BIOX® Process is for the treatment of refractor gold concentrates, has been in commercial operation for 30 years EXISTING with 13 successful BIOX® plants commissioned worldwide. To date, over 22 million ounces of gold have been produced through BIOX®.
Slide 17: Selinsing Opportunities
Selinsing Opportunities Peranggih Highlight of the best intercepts and exploration progress at BRC and Felda HOLE ID From(m) To (m) Au g/t Interval Length /Grade MBRDD454 98.55 117.25 5.82 18.70m @ 5.82g/t MBRDD458 135.3 141.3 5.03 6.00m @ 5.03g/t MBRDD458 215.3 224 9.54 8.70m @ 9.54g/t MBRDD463 174
Slide 18: New Oxide Target – Peranggih
New Oxide Target – Peranggih 10km North of Selinsing Peranggih To HOLE ID* From (m) Drilled ~True Au (m) Width (m) Width (m) g/t Peranggih 1_PGC006 2 8 6.0 4.3 3.07 1_PGC007 0 10 10.0 6.7 2.94 Buffalo 1_PGC019 0 10 10.0 7.7 2.28 Reef 1_PGC020 0 5 5.0 3.9 2.68 Selinsing 1_PGC428 1 10 9.0 6.6 3.14 1_P
Slide 19: Murchison Operation in Western Australia
Murchison Operation in Western Australia Located 40km southeast of Meekatharra within the highly endowed Murchison Gold province of Western Australia Coverage of 32km of strike on greenstone sequences prospective for gold 258.8km² for 3 projects with multiple pits, trucking distance to the Bur
Slide 20: Resources
Resources Total JORC historical: 568,526 oz NI 43-101 reported open pit: 102,800 oz JORC Historical Resources at 1.0 g/t Au Indicated Inferred Inf + ind Tonnes (t) Grade (g/t) Gold (Oz) Tonnes (t) Grade (g/t) Gold (Oz) Tonnes (t) Grade (g/t) Gold (Oz) Burnakura 1,882,300 3.5 211,490 1,532,093 2.5 12
Slide 21: Burnakura 3 Stage Development Strategy
Burnakura 3 Stage Development Strategy 21
Slide 22: Burnakura Mine Production Readiness
Burnakura Mine Production Readiness 22
Slide 23: Burnakura Early Gold Production Strategy
Burnakura Early Gold Production Strategy 23
Slide 24: Murchison Gold Area Continuing Study
Murchison Gold Area Continuing Study Delivering a Preliminary Economic Assessment Report under NI 43-101 standards Providing a long term economic scope of the Burnakura project Potential to grow overall gold inventory Additional gold ounces expected to be found from both open pit and undergr
Slide 25: Burnakura Underground Exploration
Burnakura Underground Exploration Burnakura on average has been tested to 100m depth. Similar projects in the area have proven deeper mineralization: Westgold Reedys: 500m + Westgold Paddys Flat: 600m + Monument plan to test the UG depth extensions to 500m with an upcoming deep drilling programs
Slide 26: Tuckanarra Historical Resources and Opportunities
Tuckanarra Historical Resources and Opportunities 80,200 oz historical resource Currently initial pit optimizations has completed Several underground workings also not tested 26
Slide 27: Gabanintha Resources
Gabanintha Resources Gabanintha has a total historical resource of 153,000 oz Cube ran pit optimizations in 2014 which proved 63,000 oz is mineable Within 40 km trucking distance to the Burnakura gold plant 27
Slide 28: Mengapur Copper-Iron Project
Mengapur Copper-Iron Project 28
Slide 29: Mengapur Historic Resource
Mengapur Historic Resource Total Mengapur Historic Measured and Indicated Resources within Zones A, B, and C* Tonnes EQV Cu S Cu Au Ag Mengapur (Mt) (%) (%) (%) (g/t) (g/t) Measured 4.866 0.419 0 0.47 0.05 27.82 Oxide Indicated 16.406 0.557 0 0.64 0.12 26.45 Sub-total 21.272 0.525 0 0.6 0.1 26.7 Mea
Slide 30: Community & Government Support
Community & Government Support • We contribute to the economic stimulus of the local community and the state government of Pahang state in Malaysia • Our Corporate Social Responsibility programs aim to develop the community in a sustainable way and support the cultural and socio- economic developmen
Slide 31: Capital Structure
Capital Structure Listed on TSX Venture Symbol: MMY Listed on Frankfurt Symbol: D7Q1 Market capitalization C$ 22.6 million Issued Shares 322.7 million Stock Options and RSU 24.3 million Fully Diluted 343.9 million 52 week trading range C$ 0.06-$0.11 Recent Price (28/02/18) C$ 0.07 31
Slide 32: Our Neighbors of Similar Size at Selinsing
Appendix 1 Our Neighbors of Similar Size at Selinsing HISTORICAL PRODUCTION Penjom Gold Mine 1.4 Moz Au Raub Gold Mine 1.0 Moz Au
Slide 33: Resource Comparison – 2007 vs 2016
Appendix 2 Resource Comparison – 2007 vs 2016
Slide 34: Selinsing Upside – Sulphide
Appendix 3 Selinsing Upside – Sulphide At both Selinsing and Buffalo Reef deposits the sulphide mineralization is still open down dip mainly, and also along strike. Mineralised wireframes – Long Section looking west N Selinsing BRS FELDA BRC BRN Mineralisation open extending down-dip – UG Potential
Slide 35: Murchison: Our Neighbors of Similar Size
Appendix 4 Murchison: Our Neighbors of Similar Size GOLD is where gold was Compared to similar sized projects in a prolific gold production region, all of Monument’s projects have the potential to be 1 million ounce camps 35
Slide 36: Murchison Production History
Appendix 5 Murchison Production History Burnakura produced >250,000 ounces since discovery from 15 open pits and underground workings Tuckanarra produced >130,000 ounces since discovery from the Cable, Bollard, Maybelle and Bottle Dump pits and historical underground workings Gabanintha produced >16
Slide 37: Murchison High Grade Underground Results
Appendix 6 Murchison High Grade Underground Results Coarse gold is visible in the centre and left hand side of the core sample. Enlarging this image shows that the coarse patches of gold consist of fine-grained disseminations. Pyrite on the right third of the photo has a duller color. Drill hole 8NO
Slide 38: Nuggets Discovered at Murchison Tenements
Appendix 7 Nuggets Discovered at Murchison Tenements Nugget Discovery (Tuckanarra) 38
Slide 39: Burnakura Opportunities
Appendix 8 Burnakura Opportunities The Burnakura gold project tenements have on average only been drilled down to a depth of 100m 39
Slide 40: Burnakura Road Map to Early Stage Production
Appendix 9 Burnakura Road Map to Early Stage Production September September2015- 2015- February February2014- 2014- November November2014- 2014- Early EarlyStage Stage January January2015-Drill 2015-Drill Completed Completedcrushing crushing Acquisition Acquisitionof of Acquisition Acquisitionof of
Slide 41: Mengapur – A Long Term Potential
Appendix 10 Mengapur – A Long Term Potential August 2017 – Signed 2012-Acquisition 2015 to date – The PEA 2012~2014 -Confirmation drilling and Deed of Variation with of Mengapur pending for Intec test test work Intec for Copper Project ($90m) work with C&M Process Testing 2012 2013 2014 2015 2016 20
Slide 42: Investor Relations Contacts
Investor Relations Contacts Richard Cushing Wolfgang Seybold Monument Mining Ltd. AXINO GmbH T: +1-604-638-1661 x102 T: +49 711-82-09-7211 rcushing@monumentmining.com wolfgang.seybold@axino.com 42