Maronan Metals Ltd · ASX:MMA
Maronan Metals — Brisbane Mining Investor Conference 2024
18 slides from Maronan Metals's conference presentation, Mar 13, 2024
Slide 1: The Maronan Deposit
The Maronan Deposit One of Australia’s Largest and Highest-Grade Undeveloped Silver Resources Presented by: Richard Carlton, MD 13 March 2024 A S X C O D E : M M A Brisbane Mining Investor Conference
Slide 2: Why Invest in Maronan?
Why Invest in Maronan? World class deposits with silver Located in mining friendly region • Qld’s rich Northwest Minerals Province Large Resource • +30Mt Silver-Lead (open) Dugald River • +30Mt Copper-Gold (open) Maronan Maronan Metals – Brisbane Mining Conference | March 2024 2
Slide 3: Why Invest in Maronan?
Why Invest in Maronan? Favourable mining attributes • 4 discreet mineralised zones. • Excellent optionality. Project development • Maiden Indicated Resource • Baseline environmental work started Maronan Metals – Brisbane Mining Conference | March 2024 3
Slide 4: JORC Compliant Mineral Resources − updated March 2024
JORC Compliant Mineral Resources − updated 12 March 2024 Silver−Lead Resource* • 32.1Mt @ 6.1% Pb, 107g/t Ag (>3%Pb cutoff) incl: Indicated Resource • Starter Zone Indicated – 2Mt @ 5.3% Pb, 155g/t Ag • Starter Zone Inferred – 9Mt @ 5.3% Pb, 101g/t Ag • Outside Starter Zone Inferred – 21Mt @ 6.5% Sh
Slide 5: Maronan – 3D Ore Block Models
Maronan – 3D Ore Block Models Eastern Horizons Copper-Gold Zone (2015) Starter Zone Northern Fold Cu-Au Zone 1,200m Expanded Copper Shell (2023 Drilling) Eastern & Western 1000 m Pb-Ag Horizons 1000m Western Horizons O PE N O PE N Source: ASX:RDM 8 March 2016 – Maronan Deposit – Preliminary Mine Sco
Slide 6: Silver-Lead Resource Evolution
Silver-Lead Indicated Resource Resource Evolution Shallow Starter Zone 2015 Resource Model showing: • Pre-2022 Drilling • Designated Shallow Starter Zone
Slide 7: Silver-Lead Resource Evolution
Silver-Lead Indicated Resource Resource Evolution The 2022/23 drilling campaign: • 33 holes including 23 in the Shallow Starter Zone Shallow Starter Zone • 16,784 metres • Tested deep extensions, confirmed mineralisation continues Silver-Lead and Copper-Gold beyond 1,200m depth • Main focus Shallow
Slide 8: Silver-Lead Resource Evolution
Silver-Lead Indicated Resource Resource Evolution 2015 Resource Model plus: • Designated Shallow Starter Zone with included Indicated Shallow Starter Zone Resource and all drilling on the Project to date • Indicated: 2.1Mt 5.3% Lead, 155g/t Silver • Inferred: 11.1Mt 5.3% Lead, 111g/t Silver
Slide 9: Shallow Starter Zone – Eastern Horizon Long Section & Cross Section
Shallow Starter Zone – Eastern Horizon Long Section & Cross Section • Any future mine is likely to access first ore from the Starter Zone • Closer spaced drilling shows strong continuity and steep plunge control • Mineralisation now comes within only 90m of surface • Infill drilling has added value
Slide 10: Shallow Starter Zone – Western Horizon Long Section & Cross Section
Shallow Starter Zone – Western Horizon Long Section & Cross Section • Closer spaced drilling shows strong continuity and steep plunge control • Thickened, high-lead and high-silver intercepts remain open at depth • Scope to add significant tonnage. O P EN * ASX:MMA 23 December 2023 Very Strong Resul
Slide 11: Copper-Gold Sulphide Mineralisation
Copper-Gold Sulphide Mineralisation MRN23004W2: MRN22001A: 23.1m @ 1.3% CuEq 58m @ 1.3% CuEq • Deeper drilling (0.38% Cu, 1.06g/t Au) (0.73% Cu, 0.67g/t Au) continues to MRN22001: intersect broad 46.4m @ 1.6% CuEq MRN23004: intervals of (0.94% Cu, 0.79g/t Au) 10m @ 1.9% CuEq copper sulphide (1.41% C
Slide 12: Copper-Gold Resource
Copper-Gold Resource Indicated Resource 2024 Copper-Gold model with all Project drilling to date. • 32.5Mt @ 0.84g/t Cu, 0.61g/t Shallow Starter Zone Au and 7g/t Ag • Material type: Copper Focus Area Higher grades and • Weathered – 5% broad intervals of mineralisation • Transitional – 20% • Fresh –
Slide 13: Maiden Gold-only Resource
Maiden Gold-only Resource Indicated Resource Maiden 2024 Gold-Only model with all Project drilling to date Shallow Starter Zone • Inferred: 1.8Mt @ 1.24g/t (1.0g/t cutoff) • Shallow Reverse Circulation drilling to increase confidence
Slide 14: Corporate Summary
Corporate Summary ASX Code Shares on Issue Share Price (11 Mar 24) Market Cap Cash (at 31 Dec 23) MMA 159,506,951 26.5c $42.3M $2.02M Board Of Directors & Senior Management Share Price & Trade Volume: 13/03/2023 − 11/03/2024 Simon Bird Non-Exec Chairman Trade Volume Closing Price 0.3 900,000 Richard
Slide 15: Near Term Activity and News Flow
Near Term Activity and News Flow New metallurgical test Update to 2016 Preparations for 2024 work results scoping study with drilling program new resource model Continue baseline Progress opportunities Build the public profile environmental surveys to add value to the of the Maronan story project Ma
Slide 16: Growing Demand for Silver
Growing Demand for Silver Unprecedented shortages as demand All Data Silver Price in AUD/0z outpaces supply* • Both a precious and an industrial metal • Forecast industrial use is exponential • in solar panels and as silver solder for electrification • Washington-based Silver Institute** • demand fo
Slide 17: Important Notices and Disclaimer
Important Notices and Disclaimer GENERAL These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been prepared by Maronan Metals Limited (Company) as at 13/03/2024 and statements are current only as at that date. Information in the Presentati
Slide 18: Contact Us
Contact Us Maronan Metals Limited Level 15, 323 Castlereagh Street, Sydney, NSW 2101 www.maronanmetals.com.au Phone +61 2 9281 1805 info@maronanmetals.com.au This presentation has been approved for release by the Board of Maronan Metals Limited – 13 March 2024 Confidential Maronan Metals – Brisbane
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