Mamba Exploration Ltd. · ASX:M24

Mamba Exploration — Investor Presentation (December 2022)

20 slides from Mamba Exploration's investor presentation, Dec 7, 2022

  1. Slide 1: A Western Australian Focused Explorer

    A Western Australian Focused Explorer For personal use only Investor Presentation December 2022 ASX:M24

  2. Slide 2: Disclaimer, Competent Person Statement and Forward Looking statement

    Disclaimer, Competent Person Statement and Forward Looking statement For personal use only This presentation contains only an overview of Mamba Exploration Limited (“Mamba" or the “Company”) and its activities and operations. The contents of this presentation, including matters relating to the geolo

  3. Slide 3: Capital & Corporate Structure

    Capital & Corporate Structure 100% Owned Western Australian Exploration Projects For personal use only Board and Key Team Members • Managing Director & CEO – Mike Dunbar • Non – Exec Chairman – Justin Boylson • Non Exec Director – Simon Andrew • Company Sec / CFO – Amanda Burgess • Project Geologist

  4. Slide 4: Existing Western Australian Exploration Projects

    Existing Western Australian Exploration Projects “Summer Projects” • Great Southern Project (Au) – historical shallow gold workings, recent soil sampling For personal use only Winter Projects upgrades and extends mineralised trends, soil grades up to 2.8g/t extend for + 4km. Recent RC Drilling inter

  5. Slide 5: Hyden REE Project

    Hyden REE Project For personal use only Rare Earth Project Licograph Drilling for Graphite at Hyden ASX:M24

  6. Slide 6: Hyden Project

    Hyden Project • Four Granted Exploration Licences For personal use only • Five Exploration Licence Applications • Very Limited REE Exploration • Sampling includes: Clay drill sample of 46,716 ppm (4.67%) TREO • 11,503 ppm (1.15%) La2O3 • 10,918 ppm (1.09%) Y2O3 • 2,682 ppm (0.27%) Pr6O11 • 9,320 ppm

  7. Slide 7: Hyden Project – Why such high grades?

    Hyden Project – Why such high grades? • Clay deposits normally grade 800- 2,000ppm TREO For personal use only • Three Possibilities to explain such high grade TREO in clays (46,716ppm): 1. The Hyden clay hosts the highest grade clay TREO system globally - unlikely 2. The Proximity of the mapped grap

  8. Slide 8: Hyden Project

    Hyden Project For personal use only 1VD Bouguer Gravity 1VD Bouguer Gravity 1VD Bouguer Gravity Anomaly Anomaly Anomaly GSWA Mapping showing graphite and Licograph drilling Aeromagnetic data with Licograph REE sampled drill holes Gravity data with Licograph REE sampled drill holes ASX:M24

  9. Slide 9: Hyden Project

    Hyden Project Summary of Option Terms: For personal use only • Option Fee: $25,000 (non-refundable) - Paid • Exploration Commitment: Mamba has committed to drill at least 10 holes and expend at least $25,000 on exploration prior to the end of January 2023. • Term: The option extends until 45 days af

  10. Slide 10: Darling Range

    For personal use only Darling Range Nickel + Copper + PGE ASX:M24 10

  11. Slide 11: Darling Range Project – Black Hills Area

    Darling Range Project – Black Hills Area For personal use only ASX:M24 11

  12. Slide 12: Black Hills Targets

    Black Hills Targets All the right ingredients, significantly de-risking the main targets For personal use only 6km long Ultramafic trend mapped & 7 6km long 2PGE anomaly Priority VTEM Conductive Targets Northern Target • Due to land access limitations Northern Target only the second order northern t

  13. Slide 13: Great Southern Project

    For personal use only Great Southern Project Gold ASX:M24

  14. Slide 14: Calyerup Creek Gold Project – Historical Workings

    For personal use only Calyerup Creek Gold Project – Historical Workings Northern Prospect Central Prospect Southern Prospect ASX:M24

  15. Slide 15: Calyerup Creek Southern Geochemical Trends

    Calyerup Creek Southern Geochemical Trends 4.0 km long gold anomaly identified from For personal use only soil sampling Significant soil sample results include 2.8 g/t gold, 1.9 g/t gold, 1.7 g/t gold and 1.3 g/t gold Initial 2022 drilling has only tested 500m of strike and to a depth of < 35m 32 ho

  16. Slide 16: Southern Prospect Recent Drilling

    Southern Prospect Recent Drilling 27 holes drilled in early 2022 intersected significant (+0.5g/t gold) For personal use only mineralisation including: • 15m @ 2.20 g/t gold from 1m • 15m @ 2.08 g/t gold from 3m • 9m @ 2.50g/t gold from 6m • 16m @ 1.05 g/t gold from 18m and 1m @ 2.74 g/t gold from 4

  17. Slide 17: East Kimberley Project

    East Kimberley Project For personal use only Copper Flats Copper + Silver ASX:M24 17

  18. Slide 18: Copper Flats

    Copper Flats How do you target an area of ~2,300km2 with extensive copper anomalism? • Very High Grade Copper and Silver Mineralisation Identified in surface sampling including: For personal use only o Area 5: up to 34.3% Cu & 54.2 g/t Ag o Area 4: up to 30 % Cu & 275 g/t Ag • Areas 4 & 5 remain und

  19. Slide 19: Copper Flats – Recent Progress

    Copper Flats Recent Progress For personal use only • Surface sampling has identified significant mineralisation. Of the 254 rock chip samples collected in 2006, 82 returned +2% Cu and 28 above 10% Cu with highly elevated Ag – area remains undrilled • Magnetic interpretation has identified basin grow

  20. Slide 20: Summary & News Flow

    Summary & News Flow Hyden REE Project For personal use only • Project Secured under option • Gravity Survey Planned • Drilling as soon as area harvested Great Southern Project • Q4 RC drilling completed • Assays pending • Further drilling H1CY23 Darling Range Project • Ground EM planned for December

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