Meeka Metals Limited · ASX:MEK
Meeka Metals — New World Metals Conference (September 2022)
24 slides from Meeka Metals's conference presentation, September 2022
Slide 1: New World Metals Presentation
ASX:MEK New World Metals Presentation September 2022
Slide 2: Important Information Disclaimer
IMPORTANT INFORMATION Disclaimer This information contained in this presentation is issued by Meeka Metals Limited (“Meeka” or “the Company”). The information contained herein is confidential and proprietary to the Company and is provided to recipients on the terms and conditions set out in this dis
Slide 3: A Proven Board and Management Team
A Proven Board and Management Team Board & Management with ‘skin in the game’ having invested $2.2m to date. Capital Structure Board Share Price (close price 7 Sept 2022) A$/share 0.063 Paul Chapman Non-Executive Chairman Shares on Issue M 1,058 Tim Davidson Managing Director & CEO Options on Issue
Slide 4: Vast Upside Opportunity in Rare Earth Metals
Vast Upside Opportunity in Rare Earth Metals Value underwritten by gold. High-grade rare earths opportunity being unveiled at Cascade and Circle Valley. Province scale opportunity. Tier 1 location. 2,500km2 landholding. 100% ownership. Fertile geology. Positive first pass metallurgical t
Slide 5: The Demand Drivers for Rare Earth Elements
The Demand Drivers for Rare Earth Elements Growing demand for electric vehicles and wind turbines drives demand for rare earth magnets. Global Passenger Car Fleet 1,000 Rare earths are used in glass and ceramics, 900 800 phosphors, the automotive industry, electric Units (million) 700 vehicles and
Slide 6: The Economic Drivers for Rare Earth Projects
The Economic Drivers for Rare Earth Projects The value is in the permanent magnet elements (Nd / Pr / Dy / Tb). Magnet rare earth oxides (MREO) represent 23% of rare earth volume traded in 2021. 1 MREO’s account for 95% of the value of the market in 2021.1 By 2031 MREO’s are forecast to accoun
Slide 7: The Opportunity – Growing Demand Outpaces Supply
The Opportunity – Growing Demand Outpaces Supply Global MREO supply deficit between 15% and 37% in the next 5 years. MREO supply deficit of 37% forecast by MREO Supply vs. Demand 2031 if no new supply comes online.1 100,000 MREO supply deficit of 15% forecast by 2031 if ALL planned projects come
Slide 8: Early Mover Advantage in an Emerging Rare Earths Province
Early Mover Advantage in an Emerging Rare Earths Province The Albany-Fraser Mobile Belt is an emerging clay hosted rare earths province. Province scale opportunity. Tier 1 location. 2,500km2 landholding. 100% ownership. Excellent infrastructure including port access through Esperance. Ab
Slide 9: High Value NdPr Magnet Elements at Circle Valley
High Value NdPr Magnet Elements at Circle Valley Drilling results to date demonstrate high value NdPr averages 23% of TREO grade. Shallow, high-grade mineralisation up to 2,439ppm TREO. High proportion of NdPr (high value magnet rare earth elements) – averages 23% of TREO basket in drilling comp
Slide 10: Shallow, Thick, High-Grade Mineralisation at Cascade
Shallow, Thick, High-Grade Mineralisation at Cascade A step change in scale and grade. Remarkable scale potential, 100km east to west, 65km north to south. Shallow, high-grade mineralisation up to 5,791ppm TREO. NdPr averages 20% of TREO basket in drilling completed to date. Northern and cen
Slide 11: Multiple, Kilometre Scale Zones of Mineralisation at Cascade
Multiple, Kilometre Scale Zones of Mineralisation at Cascade Potential to host multiple large rare earth deposits. Multiple, and in places stacked zones, of mineralisation. Mineralisation remains unconstrained – to date only broad spaced, 1km scale drill traverses. Slide 11
Slide 12: Significant Regional Potential to be Tested
Significant Regional Potential to be Tested Cascade northern and central blocks – 25km x 10km target defined by high grade surface samples. 925km2 northern and central blocks have true scale potential and remain untested by drilling. Auger surface samples taken from the depleted surface horizon
Slide 13: Positive Initial REE Metallurgical Test work
Positive Initial REE Metallurgical Test work High extraction % of valuable NdPr elements. High extraction % 100 for valuable NdPr Metallurgical testing by ANSTO elements using various extraction 90 techniques demonstrates total Maximum 80 rare earth extraction up to 82%, Upper Quartile averaging 7
Slide 14: Looking Forward
Looking Forward Planned work program through 2023. Q3 Q4 Q1 Q2 Q3 Q4 CY22 CY22 CY23 CY23 CY23 CY23 REE Work Programs Metallurgical Test Work Drilling Aircore drilling - Cascade Northern / Central Blocks. Resource Definition Infill drilling - Circle Valley. Gold Work Programs Drilling Diamond drillin
Slide 15: Appendices – Gold Project Portfolio
ASX:MEK Appendices – Gold Project Portfolio
Slide 16: Strategic 1.1Moz Mineral Resource in the Murchison
Strategic 1.1Moz Mineral Resource in the Murchison Drilling for growth is delivering immediate results. 100% ownership. High confidence gold Mineral Resource – 65% in Measured and Indicated classification. December 2021 Scoping Study delivered: 8 year life of mine Undiscounted free cash fl
Slide 17: Broad Zones of Gold, Open at Depth
Broad Zones of Gold, Open at Depth Drilling below the 2021 Scoping Study open pit shell is delivering thick intersections and bonanza grades at Turnberry. Slide 17
Slide 18: 7km Gold Rich Shear System – Highly Fertile, Lightly Tested
7km Gold Rich Shear System – Highly Fertile, Lightly Tested Thick, shallow, high-grade gold at St Anne’s reinforces growth opportunity. Slide 18
Slide 19: Shallow Drilling Delivering Exceptional Results
Shallow Drilling Delivering Exceptional Results Broad, high-grade, shear hosted gold intersected at St Anne’s. Slide 19
Slide 20: Hole 61 – Abundant Visible Gold in Drill Sample
Hole 61 – Abundant Visible Gold in Drill Sample Drilling below and south have also intersected the quartz lode and strong geochemical signature – assays pending. The picture can't be displayed. Slide 20
Slide 21: Aggressive Drilling Delivering Results at Circle Valley
Aggressive Drilling Delivering Results at Circle Valley +18,000m of drilling completed since January 2022 – large kilometre scale gold anomalies defined. Four large scale gold anomalies defined by drilling. Gold coincident with magnetic features. First target to be tested by deeper RC drilling
Slide 22: Value Underpinned by Strategically Located 1.1Moz Gold Resource
Value Underpinned by Strategically Located 1.1Moz Gold Resource Key takeaways. Large high-grade Aggressively High-grade rare gold Mineral pursuing Mineral earth opportunity Resource Resource growth High-grade, high Potential Tropicana Blue sky upside from confidence 1.1Moz Mineral lookalike at Circl
Slide 23: JORC 2012 Mineral Resource Statement
Appendix 1 JORC 2012 Mineral Resource Statement Measured Indicated Inferred Total Project Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces ('000t) (g/t) ('000oz) ('000t) (g/t) ('000oz) ('000t) (g/t) ('000oz) ('000t) (g/t) ('000oz) Andy Well 150 11.4 55 1,050 9.3 315 65
Slide 24: ASX:MEK
ASX:MEK Tim Davidson Managing Director (08) 6388 2700 info@meekametals.com.au www.meekametals.com.au
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