Eagle Mountain Mining Ltd. · ASX:EM2
Eagle Mountain Mining — Investor Presentation (August 2021)
29 slides from Eagle Mountain Mining's investor presentation, Aug 2, 2021
Slide 1: Diggers & Dealers Investor Presentation
ASX Announcement | 2 August 2021 Diggers & Dealers Investor Presentation Eagle Mountain Mining Limited (ASX:EM2) (“Eagle Mountain”, the “Company”) is pleased to provide a copy of the August 2021 Diggers & Dealers Investor Presentation. For further information please contact: Tim Mason Mark Pitts BEn
Slide 2: Eagle Mountain Mining (ASX:EM2) Diggers & Dealers 2021
EAGLE errr eaeied (ASX:EM2) aS “a —~. s - 7 F- = — = — > - \ “a ‘ j ~~ BUST 2021 = “DIGGERS & DEALERS = — : we —— ae
Slide 3: Important notice and disclaimer
This presentation has been prepared by Eagle Mountain Mining Limited (ACN 621 541 204) (Eagle Mountain) and should be read in conjunction the Company’s Annual Report, issued by Eagle Mountain 30 October 2019 and subsequent ASX announcements made by the company. This presentation is not investment ad
Slide 4: Exploration accelerating - third drill commenced
• Exploration accelerating - Third drill commenced and transition to full time drilling • Skarn Expert concludes further prospectivity for high-grade copper mineralisation • Eagle Mountain moves to 100% ownership of Oracle Ridge • Strong Exploration results continue outside JORC resources o 12.7m at
Slide 5: JORC copper resource of 12.2Mt at 1.51% Cu
JORC copper resource of 12.2Mt at 1.51% Cu for 184 kt Contained Copper Accelerating drilling program with recent transition to three drills - Strong pipeline of quality drill targets aiming to increase JORC Resources Good credentials to potentially be a low emission mining operation Existing undergr
Slide 6: Extensive infrastructure to support potential
• Extensive infrastructure to support potential future mining operation • Supportive community for future mining operation • Tier 1 miners in the district – BHP, Rio Tinto, Freeport McMoran, Asarco, Hudbay, South 32 • Oracle Ridge shares many geological similarities with other major mining projects
Slide 7: Hyperspectral Surveys Geochemistry Structural Modelling
Hyperspectral Surveys Geophysics VTEM Satellite Magnetics Geochemistry Lithology Full suite assays Rebuilt lithology models Structural Modelling Alteration Studies First oriented core Terra Spec PIMA
Slide 8: Major land acquisition OREX doubles land holding
Third diamond drill Second drill commenced commenced High grade assays continue Highest grade Major land assays at Oracle acquisition Skarn Expert Ridge received 2021 “OREX” doubles Engaged JUNE land holding 2021 MAY April 2021 Expanded Mineralisation 2021 geological in majority of MAR studies in dr
Slide 9: Refer ASX Announcement April 2021
Refer ASX Announcement 29 April 2021
Slide 10: Conceptual and speculative section
Note - The Section shown is both conceptual and speculative. There has been no exploration drilling beneath the ‘Leatherwood’ at Oracle Ridge and it is therefore uncertain if any future exploration will define the source of mineralisation as conceptualised. Refer ASX Announcement 10 June 2020
Slide 11: Refer ASX Announcement May 2020 & July 2021
• • • Refer: ASX Announcement 25 May 2020 & ASX Announcement 29 July 2021
Slide 12: Accelerated
ACCELERATED
Slide 13: Resource infill drilling underway at Oracle Ridge
RESOURCE INFILL DRILLING UNDERWAY AT ORACLE RIDGE
Slide 14: Drilling underway at Golden Eagle
DRILLING UNDERWAY AT GOLDEN EAGLE TARGETING GOLD AND COPPER MINERALISATION
Slide 15: Core logging at Oracle Ridge
Slide 16: Outcropping mineralisation at OREX
Slide 17: Refer ASX Announcement March 2021
Refer ASX Announcement 31 March 2021
Slide 18: Oracle Ridge JORC Resources – Contained Copper
Oracle Ridge JORC Resources – Contained Copper Significantly more Copper prices reacting to contained copper in increased demand and the Resource at tightening supply lower cutoff grades Source: https://www.macrotrends.net/1476/copper-prices-historical-chart-data Class Tonnage (Mt) Cu (%) Ag (g/t) A
Slide 19: Exploration within a few kilometers of a future mill site
• Exploration within a few kilometers of a future mill site • Regional geophysical anomalies • Convert Indicated to Measured • Convert Inferred to Indicated • Higher grade Resource extensions • OREX • Depth potential at Oracle Ridge • Other near mine targets
Slide 20: Existing infrastructure at Oracle Ridge
Existing infrastructure at Oracle Ridge Photos taken February 2020
Slide 21: Existing infrastructure at Oracle Ridge
Existing infrastructure at Oracle Ridge Photos taken February 2020
Slide 22: Sources: E-Mobility Factsheet and EV sales
Sources: 2017.06-E-Mobility-Factsheet-1.pdf (copperalliance.org) https://www.mynrma.com.au/cars-and-driving/news/ev-sales-surge-march-2021(accessed 30/7/21) https://www.weforum.org/videos/more-than-half-the-new-cars-sold-in-norway-last-year-were-electric(accessed 30/7/21) https://www.ev-volumes.com/
Slide 23: Sources: S&P Market Intelligence, May 2021
Sources: S&P Market Intelligence, May 2021 https://www.bloomberg.com/news/articles/2021-05-06/glencore-ceo-says-15-000-copper-needed-to-drive-new-supply
Slide 24: Oracle Ridge — Targeting Low Emission Production of Copper
ORACLE RIDGE — TARGETING LOW EMISSION PRODUCTION OF COPPER Ls d EAGLE MOUNTAIN MINING | ENERGY Sa 3 nese EAGLE MOUNTAIN AIMS TO CREATE A LOW RELATIVELY LOWER VENT DEMAND DUE CHEE EMISSION MINING OPERATION BY WOES SSN SU J emissions HARNESSING THE NATURAL BENEFITS OF GRAVITY U_iueney LOW EMISSION BAT
Slide 25: Top Shareholders and Debt
ASX Code EM2 Shares on Issue 202.8 m (30 July 2021) Share Price $0.81 (30 July 2021) Cash $9m (30 June 2021) Debt 1 $9.6m Market Capitalisation $164m (undiluted) Unlisted Options 29m Performance Rights 0.03m Top Shareholders Debt Unsecured loan owing to Quartz Mountain Pty Ltd, a company US$1.0m 32%
Slide 26: I strongly believe that there is huge potential
“I strongly believe that there is huge potential, not just for a good mine, but a great operation. We will continue to focus on unlocking that potential and turning it into reality. We welcome you to join our journey and share in our excitement.”
Slide 27: Rick Wayne Crabb - Non-Executive Chairman
Rick Wayne Crabb - B. Juris (Hons), LLB, MBA, FAICD Non-Executive Chairman • Bachelor of Jurisprudence (Honours), Bachelor of Laws and Master of Business Administration from the University of WA. • Practising solicitor from 1980 to 2004 with leading law firms specialising in mining, corporate and co
Slide 28: Tim Mason – Chief Executive Officer
Tim Mason – BEng (Geo)(Hons), MBA Chief Executive Officer • 20 years’ experience in mining and engineering across corporate, operations, business development and engineering roles. • Recent roles of General Manager Operations and General Manager Projects and Innovation for Panoramic Resources involv
Slide 29: Ground Floor, 22 Stirling Highway Nedlands, Western Australia
Ground Floor, 22 Stirling Highway Nedlands, Western Australia, 6009 info@eaglemountain.com.au eaglemountain.com.au
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