Aumega Metals Ltd · ASX:AAM
Aumega Metals — Investor Presentation (September 2019)
17 slides from Aumega Metals's investor presentation, Sep 11, 2019
Slide 1: Cape Ray Gold Project
CAPE RAY GOLD PROJECT Beaver Creek – September 2019
Slide 2: Disclaimer
DISCLAIMER Disclaimer and Forward Looking Statements Mineral Resources This presentation is not a prospectus nor an offer of securities for subscription or sale in The information in this Presentation that relates to the Mineral Resource estimate for the any jurisdiction nor a securities recommendat
Slide 3: Corporate Snapshot
CORPORATE SNAPSHOT MATADOR MINING (MZZ:ASX) CAPITAL STRUCTURE 98.6m Shares on Issue ~27m Market Cap at A$0.27 ~4.6m 77.1m Cash as at June 19 Qtr Options ($0.20 – 0.75) BOARD AND MANAGEMENT Keith Bowes Executive Director - Technical Adam Kiley Executive Director - Corporate Grant Davey Non-Executive
Slide 4: Matador Mining
MATADOR MINING 80km of continuous strike along Cape Ray Shear1 ONE OF THE MOST PROSPECTIVE, YET UNDER EXPLORED GOLD REGIONS IN NORTH AMERICA Strong platform for development • Existing resource - 1.02Moz at 2.2g/t Au² (66% indicated) • 605koz at 2.90g/t < 200m from surface • Development study underwa
Slide 5: Here Come the Australians
HERE COME THE AUSTRALIANS $3bn spent by Australian groups in Canada during the past 12 months ONE OF THE FIRST JUNIOR ASX GROUPS TO IDENTIFY CANADA AS A SIGNIFICANT OPPORTUNITY Limited opportunities in Australia has encouraged movement abroad • Strong valuation on ASX • Limited number of new discove
Slide 6: Newfoundland
NEWFOUNDLAND The next big gold producing district? Location Major island off the east coast of Canada Infrastructure World class roads, water , power (grid) & workforce Major industries Forestry, fishing and tourism Port Aux Basques Established town 25km from Cape Ray Project Mining Sector Strong su
Slide 7: Gold on the Cape
GOLD ON THE CAPE Project Overview EXISTING PLATFORM FOR QUICK PRODUCTION WITH SIGNFICANT GREENFIELD EXPLORATION UPSIDE Shallow high-grade mineralisation from surface • JORC (2012) Resource – 1.02M oz at 2.2g/t1 • 4 separate deposits across 12km • 425koz at 2.5g/t < 100m from surface Largest holder o
Slide 8: Central Zone
CENTRAL ZONE1 Shallow high-grade resource – 04/41 deposit 1. ASX announcement 9 September 2019
Slide 9: Pathway to Production
PATHWAY TO PRODUCTION Central Zone - Cornerstone for future development HIGH-GRADE MINERALSATION FROM SURFACE TO DRIVE EARLY RETURNS & PRODUCTION 5km 7km Development study underway - 1Q 2020 CENTRAL BIG WINDOW ZONE ISLE AUX • Targeting high-grade ore from open pit POND GLASS MORT HILL • Base load pr
Slide 10: Where Have All the High-Grade Open Pit Operations Gone?
WHERE HAVE ALL THE HIGH-GRADE OPEN PIT OPERATIONS* GONE? Has all the easy gold already been discovered? *First world jurisdiction only (Australia, Canada, USA) Open Pit operation only (excludes projects with combined OP & UG) Production between 75,000oz Pa and 300,000oz Au pa Source: S&P Global Data
Slide 11: Untouched Exploration Potential
UNTOUCHED EXPLORATION POTENTIAL 75km of untested greenfield exploration* LIMITED HISTORICAL EXPLORATION UNTESTED BY MODERN TECHNIQUES Finding the next gold deposit at Cape Ray • Majority of ground has received little to no exploration • All current deposits are outcropping at surface • Majority of g
Slide 12: Newfoundland's Golden Cape
NEWFOUNDLAND'S GOLDEN CAPE De-risked project provides value opportunity RESOURCE GROWTH DEVELOPMENT EXPLORATION EV / RESOURCE OZ 1.02Moz at 12,000m program High-grade O/P Multiple MZZ ($23/oz) vs. 2.2g/t Au1 underway based study Greenfield Targets Peers ($57/oz) STRONG NEWS FLOW THROUGH 2019 AND BEY
Slide 13: -com.
Ss © -com. ining matadorm
Slide 14: Appendix 1: JORC Resource
APPENDIX 1 JORC Resource1 INDICATED INFERRED TOTAL GRADE GRADE GRADE MT KOZ (Au) MT KOZ (Au) MT KOZ (Au) Au (g/t) Au (g/t) Au (g/t) CENTRAL ZONE 7.69 2.7 660 2.03 2.3 150 9.72 2.6 810 ISLE AUX MORT - - - 0.78 2.4 60 0.78 2.4 60 BIG POND - - - 0.11 5.3 18 0.11 5.3 18 WGH - - - 3.64 1.2 134 3.64 1.2 1
Slide 15: Appendix 2: Exploration Target
APPENDIX 2 Exploration Target Exploration Target of 30 to 36 million tonnes at a grade range of 1.4 to 2.4 g/t Au for 1.3Moz to 2.8Moz1 The potential quantity and grade of the Exploration Target is conceptual in nature and therefore is an approximation. There has been insufficient exploration to est
Slide 16: Appendix 3: Producers
APPENDIX APPENDIX 3 3 Producers Prod ucers OWNER MARKET PRODUCTION – oz pa CASH COSTS PER oz CASH PROPERTY NAME COUNTRY NAME OWNER NAME CAPITALIZATION HEAD GRADE - g/t Au (2018) (USD / oz) USD (m) Mount Carlton Australia Evolution Mining Limited 8,913.9 5.61 112,479 112,479 299.00 299.00 Meadowbank
Slide 17: Mining Ltd
MINING LTD Level 1, Emerald House, 1202 Hay Street West Perth, WA 6005
Aumega Metals — Investor Presentation (September 2019) on 6ix