29metals Limited · ASX:29M
29metals — Diggers & Dealers Mining Forum 2023
16 slides from 29metals's conference presentation, Aug 7, 2023
Slide 1: Diggers & Dealers Mining Forum 2023 Investor Presentation
ASX ANNOUNCEMENT Monday, 7 August 2023 Diggers & Dealers Mining Forum 2023 Investor Presentation 29Metals Limited (‘29Metals’ or, the ‘Company’) Managing Director & CEO, Peter Albert, will be presenting at the Diggers & Dealers Mining Forum, being held in Kalgoorlie later today. Accompanying this re
Slide 2: Diggers and Dealers Mining Forum 2023: Investing for the Future
Diggers and Dealers Mining Forum 2023 Investing for the Future Peter Albert Managing Director & CEO August 2023
Slide 3: Important information
Important information The information in this presentation is provided for general information regarding 29Metals Limited (the ‘Company ‘) and its subsidiaries (together with the Company, ‘29Metals‘).Material information in this presentation has been derived from information publicly released by the
Slide 4: Investing for the Future
Investing for the Future Contained metal in Mineral Resources estimates of: Large metal – 2.24Mt copper, 2.47Mt zinc, 1.32Moz gold, 78Moz silver, endowment 153kt lead and 22kt cobalt 1 Orebodies remain open – highly responsive to step out drilling Capricorn Copper: Australia’s best copper prov
Slide 5: Golden Grove
Golden Grove Reinvesting for the next 30 years1 NT QLD WA Golden Grove SA NSW Mining friendly Australia’s resources powerhouse VIC and skills High-quality, established infrastructure TAS advantaged WA Skilled mining workforce 1.03Mt copper, 2.47Mt zinc, 153kt lead, 1.28Moz gold, 56Moz silver
Slide 6: Production flexibility and growth
GG Post COVID-19 The Golden Years Ahead Enhanced: 4 GG at 29Metals IPO • Ore Reserves and Mineral Resources1 Production flexibility and growth • Paste plant commissioned1 GG growth outlook supported by: • Cervantes Mineral Resources growth1 Ore Reserves and Mineral Resources1 • Gossan Valley Feasi
Slide 7: Future Exploration Opportunities
Future Exploration Opportunities Golden Grove VHMS system controls well understood after decades of drilling Good spatial definition of feeder zones and favourable stratigraphic units allows high probability targeting Priority target areas for repeat mineralisation: Gossan Hill Long-section 1 Scuddl
Slide 8: Gossan Valley
Gossan Valley A development option for increased flexibility and growth A shallow, additional underground ore source Long section of Gossan Valley1 Modest pre-production capital Utilising existing latent processing capacity More production to leverage fixed cost base Production constraint
Slide 9: The Golden Years
The Golden Years Reinvesting for the next 30 years1 Investing for growth – Ventilation upgrades Building the – Cooling upgrades infrastructure – Power upgrades – Paste plant wet feed – Life of mine tailings Increasing ore source flexibility and growth Accessing – Xantho Extended the ore – Gossan
Slide 10: Capricorn Copper: Australia's best base metals province
Capricorn Copper Australia’s best base metals province NT QLD Capricorn WA Copper SA NSW Contained metal in Mineral Resources estimated at: VIC TAS Large metal – 1.14Mt copper, 17.2Moz silver, 22kt cobalt1 endowment Extensive tenements largely unexposed to modern exploration Orebodies open – h
Slide 11: Capricorn Copper: Production and growth potential
Capricorn Copper The promise of the province1 Production and growth potential Province potential Potential new discovery 2 broad ore-grade intersections2 ESS Production Previously unexplored Dewatering and rehab of ESS underground Mammoth NE zone ESS mine production restoration Cobalt Mi
Slide 12: Esperanza South Long-Section
Esperanza South Long-Section1 Even better at depth 31-Dec-22 Mineral Resources and Ore Reserves estimates for Esperanza South:2 – Mineral Resources 18.8Mt at 2.0% Cu – Ore Reserves 10.8Mt at 1.6% Cu Recent drilling results:3 – 70.0m @ 2.8% Cu, 26g/t Ag, 1083ppm Co (SDESS22_003_W3A) – 48.1m @ 2.7
Slide 13: Mammoth & Greenstone Long-Section
Mammoth & Greenstone Long-Section1 Mammoth NE – potential future ore source Historically untested area now a sizeable exploration opportunity Broad intersections of high-grade copper:2 – 34.8m @ 1.7% Cu, 7g/t Ag, 131ppm Co within 103.0m @1.2% Cu, 4g/t Ag and 67ppm Co (UDMAM22_104) – 36.0m @ 3.9%
Slide 14: Capricorn Copper
Capricorn Copper Australia’s best base metals province A large land package in the Mount Isa region 1,900km2 of the ~ – Highly prospective, but underexplored Mount Isa Inlier – Multiple drill ready targets Unlocking reliable and green energy CopperString 2.0 – CopperString 2.0 to connect to the
Slide 15: Investing for the Future
Investing for the Future Australian Golden Grove – Western Australia mines Capricorn Copper – Queensland One 29M share represents a 31-Dec-22 Mineral Resource Large metal exposure of: endowment – 10.2lb Copper, 11.3lb Zinc, 0.1g Gold, 0.1lb Cobalt1 Resource 128Mt 2022 Mineral Resource is 42x
Slide 16: Unlocking value to empower the future
Unlocking value to empower the future 15