Mount Ridley Mines Limited · ASX:MRD

Mount Ridley Mines — Investor Presentation (February 2021)

11 slides from Mount Ridley Mines's investor presentation, Feb 18, 2021

  1. Slide 1: Weld Range West Iron Project: Mid West Iron Opportunity

    For personal use only Weld Range West Iron Project: Mid West Iron Opportunity Investor Presentation February 2021

  2. Slide 2: Disclaimer - Forward Looking Statements

    For personal use only Disclaimer - Forward Looking Statements • This presentation may contain forward-looking statements. Where the Company expresses or implies an expectation or belief as to future events or results such expectation or belief is expressed in good faith and believed to have a reason

  3. Slide 3: Corporate Summary

    Corporate Summary For personal use only Board Share Price $0.004 Shares (m) 3,880.6 Mr Peter Christie Mr Graeme Johnston Mr Johnathon Busing Market Capitalisation (m) $15.5 Company Secretary Chairman Non-Executive Director Options (m) 1,556.8 25 yrs Accountant / Public and 30 yrs Geologist / Iron, G

  4. Slide 4: Projects

    For personal use only Projects • Weld Range West (Fe) • Mount Ridley (Ni-Cu-PGE) 4

  5. Slide 5: The Weld Range West Iron Project

    The Weld Range For personal use only West Iron Project • 490km from Geraldton • Sealed road to the Project • Ore previously trucked from Jack Hills, which is further away SinoSteel: • Weld Ranges: (225 Mt – Beebyn, Madoonga deposits) • Fenix Resources Ltd (ASX: FEX) • Iron Ridge Project: 7.8Mt at 63

  6. Slide 6: The Weld Range West Iron Project

    The Weld Range For personal use only West Iron Project • Weld Ranges are 66km long • MRD holds 12km or 18% • Sinosteel holds 54km or 82% • Sinosteel quotes 225 million tonnes of iron ore at Beebyn and Madoonga deposits Exploration Target is between 5Mt and 30Mt of DSO Massive Iron Mineralization 6

  7. Slide 7: Next Steps

    For personal use only Next Steps • Heritage Protection Surveys (now complete) • Gravity survey and completion of geophysical modelling • Flora survey • RC Drilling • $3 Million budget for 2021 DSO Iron Target 7

  8. Slide 8: The Weld Range West Iron Project

    The Weld Range For personal use only West Iron Project • Initial target 5 Mt, progressively growing this to >30 Mt. • MRD has 18% of the Weld Ranges, thus provides an unparalleled opportunity to achieve this objective • Initial Program and Budget to discover both DSO Haematite and Channel Iron for $

  9. Slide 9: The Mount Ridley Nickel Project

    The Mount Ridley For personal use only Nickel Project Nickel Sulphides • Fraser Range Sub-basin • Further drilling planned during 2021 9

  10. Slide 10: The Mount Ridley Nickel Project

    The Mount Ridley For personal use only Nickel Project Fraser Range Nickel-Copper- PGE. Targets generated through detailed geophysical data interrogation Drilling to generate lithochemistry: vectors to Nova-Bollinger – styled mafic intrusions 10

  11. Slide 11: Contact Information

    Contact Information For personal use only Phone Email +61 8 6165 8858 info@mtridleymines.com.au Website Address www.mtridleymines.com.au Ground Floor, 168 Stirling Hwy Nedlands, WA, 6009

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