Minerals 260 Limited · ASX:MI6
Minerals 260 — Investor Presentation (May 2022)
21 slides from Minerals 260's investor presentation, May 2022
Slide 1: Building momentum: closing in on the next significant mineral discovery
ASX : MI6 Building momentum: closing in on the next significant mineral discovery in WA’s new Julimar Province David Richards Managing Director Investor Update May 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: This presentation may contain forward-looking statements, guidance, forecasts, estimates, prospects, projections or stat
Slide 3: Quality Projects, Proven Board and Strong Financial Position
Quality Projects, Proven Board and Anthony Cipriano Chairman Strong Financial Position +30 years (Chartered Accountant) Director of Liontown Resources and Former Senior Partner at Deloitte KEY ASSET - Moora/Koojan JV Projects (Copper-Gold-Nickel-PGE) David Richards Emerging mineral province followin
Slide 4: Progress
Progress Completed/Proposed Timeline Post-listing results confirm and upgrade 2021 2022 2023 Project Activity prospectivity of key Moora/Koojan asset Q4 Q1 Q2 Q3 Q4 Q1 Q2 All Listing • Significant copper and/or gold intersected at 4 prospects Core Drilling RC Drilling • Mineralised trends open in al
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 land position (~1,000km2) Early mover in the region Maiden drill results, high success rate (3 from 3) and limited exploration to date highlights potential for significant discovery Multiple, high order geochemical and geophysic
Slide 7: Prospective Trends
Prospective Trends Julimar Trend Multiple geochemical +/- geophysical anomalies Assays pending for maiden aircore drilling program (79 holes/1,479m) and >3,500 geochemical samples Mt Yule Corridor (MYC) Initial exploration focus – includes discovery zones (Mynt, Zest, Angepena) Includes regionally s
Slide 8: Mt Yule Magnetic Anomaly (MYMA/100%)
Mt Yule Magnetic Anomaly (MYMA/100%) Mynt (Cu/Au) • +2km 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 strik
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 Coincident geochemical and geophysical anomalism • 1.5km long, >100ppm Cu-in-soils • >1km long IP conductor – open to SE • Arcuate magnetic high 1.2g/t Au 1.3g/t Au 0.9g/t Au 0.9g/t Au 1.5
Slide 10: Zest Copper/Gold Prospect
Zest Copper/Gold Prospect • Geological discovery • No coincident geochemical anomaly • Initial drilling targeted eastern end of MYMA • Results indicate large parts (>70%) of the MYMA effectively untested Minerals 260 Limited 10
Slide 11: Angepena Gold Prospect
Angepena Gold Prospect • >900m long • Open along strike and at depth • Multiple mineralised lodes • Significant copper and cobalt association: 3m @ 1.1% Cu from 61m (MRRC0016) 58m @ 0.07% Co from 8m (MRRC0018) Minerals 260 Limited 11
Slide 12: Moora Gravity Anomaly (MGA/100%)
Moora Gravity Anomaly (MGA/100%) Gravity survey (400x400m) defines regionally significant anomaly (MGA) indicative of large mafic/ultramafic intrusion 10km long, up to 3km wide Northern part coincident with MYMA Margins of gravity high appear to be important control on focussing mineralisation Prosp
Slide 13: Koojan JV (Right to earn 51%)
Koojan JV (Right to earn 51%) Acquired 2021 Contiguous with western boundary of Moora Project 2022 target definition work: • Gravity (400 x 400m) • Detailed aeromagnetics • Gradient array IP (GAIP) • Ground EM • Infill/first-pass geochemistry (>4,000 assays pending) • Reconnaissance air-core drillin
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 14 Minerals 260 Limited 14
Slide 15: Moora/Koojan JV – Next Steps
Moora/Koojan JV – Next Steps* Drill Follow Up • Mynt – Cu/Au • Zest – Cu/Au • Angepena - Au • 4,000 – 5,000m RC (+ DD) Drill Ready • Mallory – Cu/PGE/Au • Bourbana (and nearby) - Au • MGA – Cu/Au/PGE • + 7 others – Au/Cu/Au/PGE • 2,500 – 3,000m RC Target Definition • >5,000 geochemical assays pendin
Slide 16: Other Projects Dingo Rocks and Yalwest
Other Projects Dingo Rocks and Yalwest
Slide 17: Dingo Rocks – Albany Fraser Province
Dingo Rocks – Albany Fraser Province • Albany Fraser Province marginal to Archaean Yilgarn Craton • Prospective geology largely obscured by transported cover • Magnetic highs untested by previous exploration • Recent drill results* from Meeka Gold (ASX:MEK) on adjacent EL confirm metal fertility of
Slide 18: Dingo Rocks – Geophysical Surveys
Dingo Rocks – Geophysical Surveys Magnetic image on aerial photograph • Gravity data confirms presence of denser rocks – possibly mafic/ultramafic intrusions • UAV (Drone) magnetic survey defines pipe-like anomalies • Heritage survey planned ahead of maiden drill follow up H2 2022 3D Gravity model o
Slide 19: Yalwest – Murchison Province
Yalwest – Murchison Province • Murchison Province of Archaean Yilgarn Craton • Regional magnetic data indicate prospective greenstone lithologies • No previous recorded exploration • NT Agreement executed/tenements granted • Geochemical sampling pending Magnetic Image 19 Minerals 260 Limited 19
Slide 20: Investment Case
Investment Case Early mover in new greenfield Julimar Mineral Province with ~1,000km2 under tenure Initial drilling success delivers three discoveries with potential for economic resources Strong target pipeline Key Land Access Agreements in place Largely unexplored = significant upside Highly succe
Slide 21: 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 21