Mamba Exploration Ltd. · ASX:M24

Mamba Exploration — NWR Virtual Resources Conference 2021

22 slides from Mamba Exploration's conference presentation, Oct 5, 2021

  1. Slide 1: NWR Virtual Resources Conference Presentation

    A Western Australian Focused Gold, Nickel and Copper Explorer NWR Virtual Resources Conference Presentation 5 October 2021 ASX:M24

  2. Slide 2: Why M24?

    Why M24? 100% owned Western Australian Exploration Projects • Darling Range Project (PGE, Ni & Cu) – 6km long Ultramafic identified, 10 AEM conductors modelled, 6km long PGE anomaly on freehold farmland, only 30km from Julimar – ground EM & drilling planned for Q4 • Calyerup Creek Project (Au) – his

  3. Slide 3: Capital & Corporate Structure

    Capital & Corporate Structure Board and Key Management • Managing Director & CEO – Mike Dunbar Ownership Structure • Non – Exec Chairman – Justin Boylson • Non Exec Director – Simon Andrew 7.1% • Company Sec – Alan Armstrong 5.4% • Senior Geologist – Garry Dick 5.3% Capital Structure 46.5% Board and

  4. Slide 4: Projects Details

    Projects Details 4

  5. Slide 5: Darling Range

    Darling Range Nickel + Copper + PGE Exploration Project near the Julimar discovery Four exploration licenses covering ~ 100km2 Coincident 6km long 2PGE anomaly, 6km long Ultramafic trend and 7 AEM conductors identified at Black Hills Historical rock chip sampling up to 1,720ppm Ni and 1,500ppm Cu an

  6. Slide 6: Darling Range – Black Hills

    Darling Range – Black Hills Black Hills Target compared to Julimar – A similar sized intrusive signature ASX:M24 6

  7. Slide 7: Darling Range – Black Hills Target

    Darling Range – Black Hills Target All the right ingredients, significantly de-risking the target 6km long 2PGE anomaly 6km long Ultramafic trend mapped 7 Modelled AEM plates Priority Target Priority Target ASX:M24 7

  8. Slide 8: Calyerup Creek

    Calyerup Creek Gold Early stage Exploration Project in the Albany Frazer tectonic zone. High Grade Metamorphic setting similar to Tropicanna and Glenburgh Granted Exploration Licenses, covers high grade metamorphic craton margin setting Excellent local infrastructure 4km long gold in soil anomaly –

  9. Slide 9: Calyerup Creek Gold Project

    Calyerup Creek Gold Project Northern Prospect Central Prospect Southern Prospect ASX:M24 9

  10. Slide 10: Calyerup Creek Southern Geochemical Trends

    Calyerup Creek Southern Geochemical Trends ASX:M24 10

  11. Slide 11: Calyerup Creek Project – Southern Prospect

    Calyerup Creek Project – Southern Prospect + 2.8 km long soil anomaly defined up to 1.9g/t Au Southern Prospect – Minor historical workings Multiple historical shallow drill results including: 25m • 9m @ 4.71 g/t gold from 1m including 3m @ 12.71g/t gold • 5m @ 4.77 g/t gold from 15m • 9m @ 2.63 g/t

  12. Slide 12: Ashburton

    Ashburton Gold Early Stage Exploration Project – Similar Geological Setting as the +1Moz Glenburgh Gold Project Located on major structural features Three exploration licenses (two granted exploration licenses and one application) Limited exploration to date Rock Chip Sampling up to 46.5 g/t Au Dril

  13. Slide 13: Ashburton Gold Project

    Ashburton Gold Project ASX:M24 13

  14. Slide 14: Ashburton Gold Project - Lyndon Bettina Target

    Ashburton Gold Project - Lyndon Bettina Target RC drill intersections include: • 4m @ 21.5 g/t gold • 4m @ 7.7 g/t gold • 1m @ 9.8 g/t gold Trench / Rock Chip Samples: • 46.5 g/t gold • 35.5 g/t gold Multiple targets remain poorly tested ASX:M24 14

  15. Slide 15: Kimberley Project

    Kimberley Project Speewah East Copper Flats Spring Creek Ruby Plains ASX:M24 15

  16. Slide 16: Copper Flats

    Copper Flats Speewah East Copper + Silver Early Stage Exploration with excellent first pass results Sedex Copper & Silver Targets Very large tenement position Copper Flats Significant Trench and Surface Geochemical Spring Creek Results Limited Drilling completed to date Ruby Plains ASX:M24 16

  17. Slide 17: Copper Flats – Conceptual Exploration Model

    Copper Flats Conceptual Exploration Model Mamba’s Target Zone • Multiple Styles of Mineralisation • Sand Volcano Mineralisation (identified from aerial photography) • Basin Growth Faults (identified from Reprocessed magnetics) • Stratabound Cu - Ag Mineralisation (EM survey needed) • Flow Top Brecci

  18. Slide 18: Copper Flats – Historical Results

    Copper Flats Historical Results • Areas 4 & 5 remain undrilled Area 5: UNDRILLED despite up to 8.0% Cu and 7.8% • Area 5: UNDRILLED Channel • •Channel Sample of 9m @ 7.2% Cu & 174g/t Ag Sample of 16m @@7.8% Channel Sample of 9m 7.2%Cu Cu & 174g/t Ag Cu in trench samples respectively • Channel Sample

  19. Slide 19: Copper Flats – Geophysical targets

    Copper Flats Geophysical targets • Basin growth faults key structural targets for focusing fluid flow and potential mineralisation • Each of the known prospects located on or proximal to interpreted growth faults • New targets identified from geophysics and recent field visit ASX:M24 19

  20. Slide 20: Copper Flats – Field Investigations Undertaken

    Copper Flats Field Investigations Undertaken • Resonance field visit completed and confirmed existing prospects • Multiple Structural Controls Identified • New Targets Identified Including: • Forrest Creek • Donkey’s • Mule’s • Assays Pending ASX:M24 20

  21. Slide 21: Planned Exploration

    Planned Exploration News Flow Darling Range Project • Ground EM surveys - December Quarter • Drilling of EM targets - December Quarter Great Southern Project • Follow up sampling from +1.9g/t soil results - December Quarter • RC Drilling of current targets - December Quarter Ashburton Project • Auge

  22. Slide 22: Disclaimer, Competent Person Statement and Forward Looking statement

    Disclaimer, Competent Person Statement and Forward Looking statement This presentation contains only an overview of Mamba Exploration Limited (“Mamba" or the “Company”) and its activities and operations. The contents of this presentation, including matters relating to the geology and exploration pot

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