Maritana Minerals Limited · ASX:MRT
Maritana Minerals — Investor Presentation (March 2023)
23 slides from Maritana Minerals's investor presentation, Mar 28, 2023
Slide 1: Growth Strategy Investor Presentation
GROWTH STRATEGY INVESTOR PRESENTATION MARCH 2023
Slide 2: Disclaimer and Important Notices
DISCLAIMER AND IMPORTANT NOTICES Nature of Document expressions. Forward looking statements, opinions and estimates included in this Presentation are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based
Slide 3: About Horizon Minerals
ABOUT HORIZON MINERALS MINERALS EXPLORER IN THE HEART OF THE GOLDFIELDS Horizon Minerals is an explorer - producer with highly strategic projects in the Kalgoorlie and Coolgardie regions and exposure to multiple commodities within Australia +1.24Moz 1 1,100 sq km Mineral Resources Large, strategic W
Slide 4: Corporate Snapshot
ABOUT HORIZON MINERALS CORPORATE SNAPSHOT Share Price History Capital Structure 1 Shares M 622.8 $0.09 2,500,000 $0.08 Listed Options M 51.9 $0.07 2,000,000 $0.06 Share price A$ 0.05 1,500,000 $0.05 $0.04 Market capitalisation A$M 31.1 1,000,000 $0.03 Cash position + listed investments 3 A$M 9.0 $0.
Slide 5: Asset Summary
CURRENT RESOURCES UNDERPIN VALUE AND REMAIN OPEN ALONG STRIKE AND AT DEPTH ASSET SUMMARY • 1.24Moz Au Mineral Resource at 1.7g/t Au with 70% in M&I 1 • Base load Boorara complemented by high grade open pit and underground deposits all within 50km • Development ready sequence of underground gold mine
Slide 6: Growth Plan – 2023 and Beyond
DEVELOP CANNON UNDERGROUND IN 2023 AND PREPARE PENNY’S FIND TO FOLLOW GROWTH PLAN – 2023 AND BEYOND • Cannon Resources total 230kt @ 4.4g/t Au for 32,330oz and remains open at depth 1 • Cannon Feasibility Study completed 2: o Reserves total 135kt @ 4.1g/t Au for 17,680oz o Production of 15,900oz at
Slide 7: Mining and Milling Solution
LOCAL CONTRACTOR MINING AND MILLING ALLOCATION FOR CANNON MINING AND MILLING SOLUTION • Preferred local mining contractor selected and formal contract / JV negotiations underway 1 • Large owned mining fleet available with skilled local workforce • Milling allocation in place for Cannon at FMR’s 1Mtp
Slide 8: Cannon, Penny's Find & Rose Hill
DEVELOPING AN UNDERGROUND MINING SEQUENCE UNDER A CONTRACT/JV MINING – TOLL MODEL CANNON, PENNY’S FIND & ROSE HILL 1 Cannon MRE 32,330oz @ 4.4g/t • Previous open pit mined 55,000oz at 91.1% recovery Penny’s Find • Decline from existing pit, MRE 43,000oz @ 5.0g/t initial three levels with • Previous
Slide 9: Growth Plan – 2023 and Beyond
MINE PENNY’S FIND FOR CASH – DRILL CORE PROJECTS FOR GROWTH GROWTH PLAN – 2023 AND BEYOND • Penny’s Find Resources total 270kt @ 5g/t Au for 43,000oz 1 • Drill “Domain 2” extensions to Penny’s Find in H1 2023 to enable remodelling and optimal portal location • Re-optimise / design and re-run FS in H
Slide 10: Penny's Find and Rose Hill
DRILLING AND RESERVE CONVERSION FOR MINING SEQUENCE PENNY’S FIND AND ROSE HILL • Drilling in 2022 discovered new mineralised lode north of the existing resource – Domain 2 • Priority strike and depth extension drilling planned in the June Quarter 2023 aimed at growing the new domain and enabling con
Slide 11: Greater Boorara - Cannon
SUCCESSFUL DRILLING PROGRAM ACROSS CORE RESOURCE BASE GREATER BOORARA - CANNON • Air Core, RC and diamond drilling undertaken in 2022 • Golden Ridge (4km south of Boorara) results include1: o 4m @ 46.7g/t Au from 80m and 5m @ 8.3g/t Au from 57m o 2m @ 20.77g/t Au from 80m and 2m @ 26.11g/t Au from 6
Slide 12: Binduli - Teal
SUCCESSFUL DRILLING PROGRAM ACROSS CORE RESOURCE BASE BINDULI - TEAL • Step out drilling completed in the south, new targets in the north, on lake extension and infill drilling at Kestrel planned • Crake and Coote drilling results include1: o 12m @ 6.9g/t Au from 56m and 10m @ 7.0g/t Au from 36m o 4
Slide 13: Yarmany and Lakewood
EXPLORATION DRILLING INTERCEPTS MULTI-COMMODITY MINERALISATION YARMANY AND LAKEWOOD • First pass reconnaissance drilling completed following extensive target generation study • Results at Yarmany demonstrate prospectivity for gold as expected but Ni, Cu, Li mineralisation intercepted also • Further
Slide 14: Richmond – Julia Creek Vanadium
SUCCESSFUL IPO AND LISTING ON THE ASX, ADVANCE BFS RICHMOND – JULIA CREEK VANADIUM • Horizon owns a 9% interest in RVT and Horizon shareholders a further 9% through an in specie distribution via an ASX listing in December 2022 1 • RVT owns 100% of the 1.8Bt Richmond vanadium project in Northwest Que
Slide 15: Horizon Activates Its Sustainability Journey
OUR PATH TO GROWING A SUSTAINABLE AND PROFITABLE BUSINESS HORIZON ACTIVATES ITS SUSTAINABILITY JOURNEY To go beyond our obligations and to continuously STRATEGY look at ways to integrate sustainability across our OBJECTIVE business. Established our Environmental, Social, Governance (ESG) baseline ea
Slide 16: Key Milestones and Newsflow
OUR PATH TO GROWING A SUSTAINABLE AND PROFITABLE BUSINESS KEY MILESTONES AND NEWSFLOW 1 Updated Extension drilling at Resources Penny’s Find, Rose Monument, Penny’s Find, Coote and Crake Hill, Monument and Resource Cannon and release growth and new of results discovery drilling Cash generation for f
Slide 17: Appendices
BOARD AND MANAGEMENT APPENDICES 17
Slide 18: Leadership Team
Leadership team 175+ YEARS COMBINED EXPERIENCE OPERATING IN THE WA GOLDFIELDS Ashok Parekh, Non-Executive Chair Grant Haywood, Chief Operating Officer • Chartered accountant with over 40 years’ experience who owns a • Mining Engineer with over 30 years’ experience in large Accounting Practice in Kal
Slide 19: Nimbus Silver – Zinc Project
RETAIN AND COMPLETE FURTHER ECONOMIC STUDIES TO MAXIMISE OPTIONALITY NIMBUS SILVER – ZINC PROJECT • Located adjacent to the Boorara gold project with shared infrastructure • Extensive drilling and metallurgical test work completed and potential for growth along strike and at depth • Historic FS comp
Slide 20: Gold Resource Statement
GOLD RESOURCE STATEMENT Horizon Minerals Limited – Summary of Gold Mineral Resources Confirmation The information in this report that relates to Horizon’s Mineral Resources estimates is extracted from and was originally reported in Horizon’s ASX announcements “Intermin’s Resources Grow to over 667,0
Slide 21: Non Gold Resource Statement
NON GOLD RESOURCE STATEMENT Horizon Minerals Limited - Summary of Silver-Zinc Mineral Resources Confirmation Nimbus All Lodes (bottom cuts 12g/t Ag, 0.5% Zn, 0.3g/t Au) The information is this report that relates to Horizon’s Mineral Resources estimates on the Nimbus Silver Zinc Project is Category
Slide 22: Forward Looking and Cautionary Statement
FORWARD LOOKING AND CAUTIONARY STATEMENT • As noted on Slide 2, some statements in this Presentation regarding estimates or future events are forward looking statements. They include indications of, and guidance on, future earnings, cash flow, costs and financial performance. Forward looking stateme
Slide 23: Contact
CONTACT CONTACT Jon Price Managing Director T: +61 (08) 9386 9534 E: admin@horizonminerals.com.au W: www.horizonminerals.com.au PO Box 1104 Nedlands WA 6909 163 Stirling Highway Nedlands WA 6009 23
Maritana Minerals — Investor Presentation (March 2023) on 6ix