Magmatic Resources Ltd. · ASX:MAG
Magmatic Resources — Investor Presentation (September 2024)
18 slides from Magmatic Resources's investor presentation, Sep 10, 2024
Slide 1: Investor Presentation - New World Metals Investment Series
For personal use only Investor Presentation TARGETING THE NEXT MAJOR COPPER-GOLD DISCOVERY IN AUSTRALIA New World Metals Investment Series 10 & 12 September 2024
Slide 2: Disclaimer and important information
Disclaimer and important information This is not a disclosure document. Any material used in this presentation is a summary of selected data, and any investor in the Company should refer to all Company ASX releases and statutory reports before considering to invest in the Company. Any forward-lookin
Slide 3: Corporate snapshot
Corporate snapshot Magmatic Resources 12-month share price chart Capital structure For personal use only Shares on issue 417,050,714 Share price as at 9 September 2024 $0.060 Market capitalisation $25.0M Cash balance as at 30 June 2024 $6.3M Debt $0.0M Options on issue – unlisted 25,000,000 Exercise
Slide 4: East Lachlan - A world class gold-copper province
East Lachlan - A world class gold-copper province Home to Australia’s largest gold mine East Lachlan region of NSW – a world-class copper-gold province >85Moz gold and >14Mt copper regional endowment1 ➢ Northparkes Mines: 22 Cu-Au porphyry deposits (Evolution/Sumitomo) For personal use only ➢ Cadia
Slide 5: Porphyry mines account for 70% of world copper supply
Porphyry mines account for 70% of world copper supply But global copper supply dominated by high-risk countries 2023 Expected Copper Rank Country Global Share Production (Mt) For personal use only st 1 Chile 5.0 23% nd 2 Peru 2.6 12% rd 3 D.R. Congo 2.5 12% th 4 China 1.7 8% th In Australian dollar
Slide 6: Myall Project
Myall Project New exploration partnership with Fortescue to target a Tier 1 copper-gold discovery ▪ Farm-in and Joint Venture Agreement signed with Fortescue in March 2024 For personal use only ▪ Fortescue to spend up to $14M over 6 years to earn up to 75% interest in Myall ▪ Fortescue hold a 19.9%
Slide 7: Myall Project - Northparkes copper-gold district lookalike
Myall Project (copper-gold) Northparkes copper-gold district lookalike Myall Project – a Northparkes copper-gold district lookalike ▪ Myall-Narromine Intrusive Complex has similar age, composition and dimensions to the For personal use only MYALL PROJECT (MAG 100%) Northparkes Intrusive Complex (60k
Slide 8: Corvette and Kingswood deposits - drilling results
Corvette and Kingswood deposits – drilling results Very broad zones of copper-gold mineralisation returned from more than 13,000 metres of recent drilling Exceptional results from Corvette and Kingswood ▪ Porphyry-style mineralisation intersected over exceptionally wide intervals in multiple holes*:
Slide 9: Myall Project - revised geological model
Myall Project – revised geological model Breakthrough for targeting and project potential ▪ Recent drilling has definitively highlighted For personal use only orientation and controls on mineralisation ▪ Cu-Au-Ag-Mo mineralisation associated with a Untested Northparkes-equivalent intrusive complex T
Slide 10: Corvette and Kingswood target zone now extends over two kilometres
Myall Project Corvette and Kingswood target zone now extends over two kilometres Plan section of the Corvette and Kingswood region over MVI magnetics Plan section of the Corvette and Kingswood region over air photograph For personal use only 1000ppm Cu Plan section of the Corvette and Monzonite intr
Slide 11: Myall Project - regional potential
Myall Project – regional potential Recent intersections at Corvette highlights incredible potential of the broader Myall Project Very large-scale anomalous trends mostly untested For personal use only ▪ More than 640 air core holes (~70,000m) completed across the tenement by Gold Fields, Newcrest et
Slide 12: Wellington North Project
Wellington North Project Advanced target portfolio surrounding major Au-Cu discovery FINNS CROSSING- MAG tenure ▪ North of Australia's largest gold producer – Cadia Mines (ASX:NCM) MURGA (ALK) Porphyry - Skarn ALK tenure For personal use only ▪ Dominant position surrounding the 14.7Moz AuEq Boda-Kai
Slide 13: Wellington North Project - exploration underway
Wellington North Project Exploration currently underway, targeting a Boda-style gold-copper discovery ▪ The Boda Southwest Prospect represents the continuation of the For personal use only magnetic signature associated with Alkane’s Boda/Kaiser Mineral Resources ▪ Immediately adjacent to Alkane’s Bo
Slide 14: Wellington North Project - exploration underway
Wellington North Project Exploration currently underway, targeting a Boda-style gold-copper discovery ▪ 64-hole air core geochemistry program recently completed immediately to the north of the Lady Ilse Prospect (ASX MAG 24 July 2024) For personal use only ▪ Gold and copper mineralisation intersecte
Slide 15: Parkes Project
Parkes Project Copper and gold targets along the Parkes Fault Zone ▪ 30km along strike from Tomingley Gold Operations (TGO) / Tomingley South Discoveries (ASX:ALK) ▪ TGO + Discoveries – 2.3Moz (ASX ALK 13 September 2023) For personal use only ▪ Existing shallow gold intersections at Parkes Project e
Slide 16: Parkes Project - Significant copper potential emerging at Black Ridge
Parkes Project Significant copper potential emerging at Black Ridge ▪ Black Ridge located 15 km southeast of the Northparkes Copper Mine For personal use only ▪ Surface copper-gold-silver anomalism over a six kilometres zone parallel to Plan of the Black Ridge copper trend over satellite imagery sho
Slide 17: MAG investment proposition
MAG investment proposition Poised for Australia’s next major copper-gold discovery For personal use only Location Discovery Key projects in Australia’s Very large-scale porphyry premier porphyry hotspot discovery emerging at Myall Strategic Partnership Team Inspecting diamond core onsite at the Corv
Slide 18: References and contact details
References and contact details References MAG ASX announcements Alkane, 2023., Reserve and Resource Statement 2023, ASX release dated 13 September 2023 ASX MAG 22 February 2023 Best Copper-Gold Intersection to Date at Corvette CMOC., 2023. Northparkes Mining and Technical Information. http://www.nor
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