Aumega Metals Ltd · ASX:AAM
Aumega Metals — Investor Presentation (May 2020)
24 slides from Aumega Metals's investor presentation, May 6, 2020
Slide 1: Cape Ray Gold Project
CAPE RAY GOLD PROJECT May 2020
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: Why invest in Matador Mining (ASX.MZZ)
MATADOR MINING Why invest in Matador Mining (ASX.MZZ) CAPITAL STRUCTURE HIGH-GRADE OPEN PIT PROJECT WITH STRONG RETURNS AND SIGNFICANT EXPLORATION UPSIDE 121.1m Shares on Issue ~27m Market Cap at A$0.22 Investment Rationale 1. Scoping Study outlines robust OP gold operation w/ initial 7 Yr. LOM1 • •
Slide 4: Scoping Study – Production & Financial Outputs
SCOPING STUDY – PRODUCTION & FINANCIAL OUTPUTS Robust returns driven by high-grade production General LOM total / Avg. HIGH-GRADE MINERALISATION FROM SURFACE Mine Life (Yrs.) 7 Processing Facility Throughput (Mt) 1.2 DRIVES STRONG RETURNS & RAPID PAYBACK1 Total Ore Mined (Mt) 7.8 Strip Ratio (Operat
Slide 5: Scoping Study – Financial Outputs
SCOPING STUDY – FINANCIAL OUTPUTS1 Robust returns driven by high-grade production Low operating costs driving robust returns Rapid Payback Cash costs - LOM CAD USD AUD $150 $300 Revenue (gold only) per oz $2,214 $1,550 $2,545 Revenue per oz $2,214 $1,550 $2,545 $100 $200 C1 Costs $50 $100 Mining per
Slide 6: Scoping Study – Mining
SCOPING STUDY – MINING Simplified, shallow open pit gold operation SIMPLE OPEN PIT MINING OPERATION WITH NEAR SURFACE MINERALISATION Mining1 • Mining study completed by Orelogy • Average grade mined – 2.0g/t Au • LOM Strip Ratio – 9.6:1 (Operational) • Minimal cover before fresh material (2-3m) • Op
Slide 7: Scoping Study – Processing
SCOPING STUDY – PROCESSING Simple metallurgy Production and grade profile CONVENTIONAL 1.2MTPA CIL FACILITY WITH 120,000 3.50 EXCELLENT METALLURGICAL RECOVERIES 3.00 100,000 2.50 Processing1 Production (oz Au) 80,000 Grade (g/t Au) 2.00 • Study completed by DRA 60,000 • Simple, conventional CIL proc
Slide 8: 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 mata
Slide 9: Scoping Study – Permitting
SCOPING STUDY – PERMITTING Environmental and permitting well advanced STRONG SUPPORT FROM GOVERNMENT, FIRST NATIONS AND LOCAL COMMUNITIES Environmental • Environmental Assessment • Federal and Provincial EA Guidelines received • Majority of Baseline Studies completed • Environmental Impact Statement
Slide 10: Supporting Infrastructure
SUPPORTING INFRASTRUCTURE World class supporting infrastructure in first world location Newfoundland Major island off the east coast of Canada Port Aux Basques Established town 25km from Cape Ray Project Infrastructure Roads (15km from suit), water, & workforce Power World class, low cost grid power
Slide 11: Untouched Exploration Potential
UNTOUCHED EXPLORATIONPOTENTIAL Opportunity to extend mine life and enhance Project economics LIMITED HISTORICAL DRILL OR MODERN EXPLORATION ACROSS MAJORITY OF GROUND1 Finding the next deposit at Cape Ray • 80km of strike across major gold bearing shear • Largest continuous landholder along the Cape
Slide 12: Exploration – Brownfields
EXPLORATION – BROWNFIELDS Window Glass Hill & Isle Aux Mort STEP OUT PROGRAM TO TARGETING EXPANSION AROUND KNOWN RESOURCES WHICH REMAIN OPEN WGH – Potential for a low strip, bulk tonnage project • Mineralisation hosted in a granite intrusion • 1km from Central Zone (WGH & PW are the same granite str
Slide 13: Newfoundland's Golden Cape
NEWFOUNDLAND'S GOLDEN CAPE De-risked project provides value opportunity SCOPING STUDY LOCATION EXPLORATION VALUATION METRICS Rapid payback, Low risk, first Multiple Brownfield EV/Resource – $26/oz robust returns world jurisdiction & Greenfield Targets P/NAV – 0.1X STRONG NEWS FLOW THROUGH 2020 AND B
Slide 14: matadormining.com.au 15
MINING ay D MATADOR ASX:MZZ matadormining.com.au af £8 matadonminiig.com.aud5y
Slide 15: What is required to make a gold project
APPENDIX 1 WHAT IS REQUIRED TO MAKE A GOLD PROJECT Historical review of the key outputs for single asset, new development gold projects Company West African Resources Atlantic Gold (Now St Barbara) Alkane Resources Regis Resources LionOre (now Saracen) Asset Sanbrado Moose River Tomingley Project Du
Slide 16: Central Zone – deposit
APPENDIX 2 Central Zone – 41 deposit matadormining.com.au 17
Slide 17: Central Zone – deposit
APPENDIX 3 Central Zone – 04 deposit matadormining.com.au 18
Slide 18: Pit Section
APPENDIX 4 04 / 41 – Pit Section matadormining.com.au 19
Slide 19: Central Zone – deposit
APPENDIX 5 Central Zone – 51 deposit matadormining.com.au 20
Slide 20: Central Zone (51) – Pit Section
APPENDIX 6 Central Zone (51) – Pit Section matadormining.com.au 21
Slide 21: Window Glass Hill
APPENDIX 7 Window Glass Hill matadormining.com.au 22
Slide 22: Window Glass Hill – Pit Section
APPENDIX 8 Window Glass Hill – Pit Section matadormining.com.au 23
Slide 23: Here come the Australians
APPENDIX 9 Here come the Australians OVER $3BN SPENT BY AUSTRALIAN GROUPS IN NORTH AMERICA DURING THE PAST 18 MONTHS Limited opportunities in Australia has encouraged movement abroad • Strong valuation on ASX • Limited number of new discoveries/development assets locally • Current development assets
Slide 24: Matador Mining Ltd
FS ~}MATADOR MINING LTD ASX:MZZ Level 1, Emerald House, 1202 Hay Street matadormining.com.au West Perth, WA 6005