Slide 1: Exploring in a Proven Multi-Million Ounce Gold System in Newfoundland, Canada
EXPLORING IN A PROVEN MULTI-MILLION OUNCE GOLD SYSTEM IN NEWFOUNDLAND, CANADA ASX: MZZ June 2022 OTCQX: MZZMF FSE: MA3
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: Strategically Placed in Newfoundland, Canada
STRATEGICALLY PLACED IN NEWFOUNDLAND, CANADA CAPITAL STRUCTURE Existing high-grade, shallow mineral resource One of the highest-grade undeveloped resources in a top-tier jurisdiction(1) MARKET CASH (4) CAPITALISATION(3) • Resource – 837,000oz Au at 2g/t with 96% < 200m from surface3 • Underpins mark
Slide 4: Board and Management
BOARD AND MANAGEMENT Strong team with significant experience in gold exploration and development MANAGEMENT DIRECTORS Ian Murray FCA, MAICD NON-EXECUTIVE CHAIRMAN Sam Pazuki P. ENG, M.FIN MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER Over 25 years mining industry experience in senior leadership positi
Slide 5: Hottest Gold Rush Globally
HOTTEST GOLD RUSH GLOBALLY Limited gold production in Newfoundland • Total historical gold production: ~2.3 Moz • Total 2016 drilling: < 70,000 metres MARITIME RESOURCES • Total 2021 drilling: ~400,000 metres HAMMERDOWN PROJECT Resource: 0.9Moz Mkt Cap: A$33M Major gold discoveries Marathon Gold (MO
Slide 6: Strategic Landholding in SW Newfoundland
STRATEGIC LANDHOLDING IN SW NEWFOUNDLAND Systematic Approach Geophysics • 40km completed in 2021 • 30m line-spaced Heli-Mag survey Geochemistry • Historical rock chips - part of the story • ~90% of area covered by till (0.5m–5m) • No historical basement rock testing • Auger drill rigs and multi-elem
Slide 7: Heli-Magnetics Survey Identifies Multiple New Structures in New Regions
HELI-MAGNETICS SURVEY IDENTIFIES MULTIPLE NEW STRUCTURES IN NEW REGIONS Heli-Mag survey • 30m line-spaced heli-magnetic survey • 80km of strike targeted • Phase One – completed (40km) • Phase Two – late ‘22/’23 • Support building a pipeline of future ready drill targets Multiple structures identifie
Slide 8: Power Auger Drilling - Till & Basement Geochemistry
POWER AUGER DRILLING - TILL & BASEMENT GEOCHEMISTRY Using pathfinder elements to unlock the vast greenfield potential Historical rock chips provide only part of the story • 90% of the project is covered by till (0.5m–5m depth) • No historical testing of the basement rock in these areas Auger drill r
Slide 9: WGHG Resource 232koz Au
WGHG Resource 232koz Au(1) (1) ASX Announcement 6 May 2020
Slide 10: Structural Data from Oriented Drill Core Vein Orientations (WGHG)
Structural Data from Oriented Drill Core Unmineralised Veins (no sulphides) Vein Orientations (WGHG) All Veins XX Mineralised Veins (containing sulphides) Total of 7,939 structural measurements of veins (2020-21) matadormining.com.au 10
Slide 11: Brownfields Exploration
BROWNFIELDS EXPLORATION REPORTED RESOURCES (1) Indicated Resources 3.1 Mt @ 3.15 g/t ➔ 356 koz Inferred Resources 9.4 Mt @ 1.6 g/t ➔ 481 koz Auger drilling (WGHG, Big Pond, Benton, Stag Hill) • 3,385 holes completed • 3,475 samples taken Diamond Drilling (Big Pond, WGHG and Benton areas) • 135 holes
Slide 12: Window Glass Hill Granite Grows Further
WINDOW GLASS HILL GRANITE GROWS FURTHER Structured approach already achieving exploration success Gold mineralisation extensive across WGHG Diamond drilling delivers immediate success • Systematic auger drilling indicates gold mineralisation is • Priority target identified at the previously untested
Slide 13: Greenfields Strategy: Target Generation
GREENFIELDS STRATEGY: TARGET GENERATION GEOPHYSICS TARGETING WORKSHOP PRIORITISATION 40km completed > 60 targets identified Focused on Malachite matadormining.com.au 13
Slide 14: Malachite Greenfield Discovery Potential
MALACHITE GREENFIELD DISCOVERY POTENTIAL • Largest structural bend along multi-million-ounce corridor • Geologically complex with second and third order structures off Cape Ray Shear • Malachite fault complex is >14km in strike length and 4km wide matadormining.com.au matadormining.com.au 14 ASX:MZZ
Slide 15: Malachite Greenfield Discovery Potential
MALACHITE GREENFIELD DISCOVERY POTENTIAL • Assays have identified 17 high tenor gold grain anomalies • Significant gold grain in till anomalies in 12-kg samples • Several high priority targets identified several kilometres from Cape Ray Shear • Multiple field crews scheduled to infill and extend til
Slide 16: Hermitage Project
HERMITAGE PROJECT 27km of continuous strike along the Hermitage Flexure • Large crustal scale structure which is a splay off the main CRSZ • Similar structural setting to Queensway Project (TSXV: NFG) and Kingsway Project (TSXV: LAB) Largest arsenic & antimony anomaly on Newfoundland • Key pathfinde
Slide 17: ASX:MZZ matadormining.com.au
ASX:MZZ matadormining.com.au ASX: MZZ OTCQX: MZZMF FSE: MA3 matadormining.com.au 17
Slide 18: Appendix: Mineral Resource
APPENDIX 3 APPENDIX 1 1 Mineral Resource1 MINERAL RESOURCE Indicated Inferred Total Applied Cut-off Grade (g/t) Deposit Mt Au (g/t) Koz (Au) Mt Au (g/t) Koz (Au) Mt Au (g/t) Koz (Au) Central 3.1 3.1 302 3.5 1.3 141 6.6 2.1 443 Isle Aux Mort - - - 0.8 2.4 60 0.8 2.4 60 Open Pit 0.251 /0.52 Big Pond -
Slide 19: Scoping Study – Cape Ray Gold Project
APPENDIX 2 SCOPING STUDY – CAPE RAY GOLD PROJECT One of the highest-grade open pit projects globally underpins the asset General LOM total / Avg. Highlights Mine Life (Yrs..) 7 • High-grade, shallow open pit mineralisation drives strong production and robust Processing Facility Throughput (Mt) 1.2 e
Slide 20: Peers Comparison
APPENDIX 3 PEERS COMPARISION Significant discount on all metrics Highlights Company information - General (MZZ.ASX) (AUT.ASX) (BNZ.ASX) (ASO.ASX) (LAB.TSXV) (NFG.TSX) Market Cap A$35M A$90M A$60M A$105M C$60M C$1,12M Edleston Gold Project, Queensway, Project Name (Main project only) / Province Cape
Slide 21: Contact Matador Mining Ltd
ASX: MZZ OTCQX: MZZMF FSE: MA3 www.matadormining.com.au Contact Matador Mining Ltd Sam Pazuki Level 20 Managing Director & CEO 140 St Georges Terrace Ph: +1 416 499 6602 Perth WA 6000 E: admin@matadormining.com.au matadormining.com.au 21