Maritana Minerals Limited · ASX:MRT
Maritana Minerals — Horizon Minerals — Investor Presentation (August 2020)
22 slides from Maritana Minerals's investor presentation, Aug 11, 2020
Slide 1: Investor Presentation August 2020
For personal use only INVESTOR PRESENTATION AUGUST 2020 ASX: HRZ
Slide 2: Disclaimer and Important Notices
DISCLAIMER AND IMPORTANT NOTICES Nature of Document For personal use only This Presentation is provided on the basis that neither the Company nor its respective officers, shareholders, related bodies corporate, partners, affiliates, employees, representatives or advisers, make any representation or
Slide 3: Emerging Mid-Tier Gold Developer
EMERGING MID-TIER GOLD DEVELOPER For personal use only LARGE, QUALITY TENEMENT HOLDING IN HEART OF WA GOLDFIELDS 1. • +850km2 land holding • All on major regional geological structures within 75km radius of Boorara 1.1MOZ GOLD RESOURCE TO UNDERPIN STANDALONE DEVELOPMENT1 2. • 507koz resource at Boor
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT For personal use only 12 MONTH SHARE PRICE CAPITAL STRUCTURE ASX: HRZ Ordinary Shares on issue (M) 453 18 6 16 Share price (A$) $0.18 5 14 Market capitalisation (A$M) $84 12 4 Cash position (A$M) 1 $6.0 Volume (m) 10 cps 3 Investments (A$M) 1 $4.3 8 6 2 Debt (A$M) $4.0 4 1 2 0 - J
Slide 5: Project Overview
PROJECT OVERVIEW For personal use only STRATEGIC LANDHOLDING IN THE HEART OF THE GOLDFIELDS WITH A SOLID RESOURCE BASE AND STRONG GROWTH POTENTIAL +850km2 land holding in heart of WA goldfields 100% owned and operated by Horizon Minerals All tenure in close proximity to all necessary infrastru
Slide 6: Growing a Sustainable Emerging Mid-Tier Production Business
GROWING A SUSTAINABLE EMERGING MID-TIER PRODUCTION BUSINESS 1,2 use only 1 BOORARA RAPIDLY PROGRESS PRIORITY Resource 16.45 mt @ 0.96 g/t Au for 507koz RESOURCES TO MINE READY Mine Open pit / RESERVES underground Additional satellite deposits through Targeting 4-5 mine life based on a potential stan
Slide 7: Boorara Deposit
BOORARA DEPOSIT For personal use only PRIME LOCATION, BASE LOAD FEED, FUTURE MILL SITE LOCATION, SERVICES IN PLACE BOORARA OVERVIEW 10km east of Kalgoorlie Excellent width and grade across all three deposits (Royal, Crown Jewel and Regal) with ore starting at surface Mineral Resource Estimate
Slide 8: Boorara Geology
For personal use only BOORARA GEOLOGY 8
Slide 9: Boorara Upside
BOORARA UPSIDE For personal use only 1.8KM OF MINERALISED STRIKE, OPEN TO THE NORTH, SOUTH AND AT DEPTH Boorara project area has significant potential through extension drilling for both open cut and underground mine development 1 Infill drilling confirms tonnage and grade uplift with a revised
Slide 10: Rosehill
ROSEHILL For personal use only HIGH GRADE FEED FOR CENTRALISED MILL Acquired as part of the NST asset swap Located east of Coolgardie and 45km from Boorara Mineral Resource of 95koz grading 2.5g/t Au1 Demonstrated open pit (>2.5g/t) and underground (> 5g/t) development potential 2 Further
Slide 11: Binduli
BINDULI For personal use only HIGH GRADE FEED FOR CENTRALISED MILL Located west of Kalgoorlie and 20km from Boorara Mineral Resource of 74koz grading 1.8g/t Au1 Further RC and diamond drilling planned in H2 2020 Excellent metallurgy with test work recoveries over 95% with a high gravity comp
Slide 12: Teal Gold Camp
TEAL GOLD CAMP For personal use only OPEN CUT GROWTH POTENTIAL Located 20km north west of Boorara Mineral Resource of 289,000oz grading 2.1g/t Au1 Up to 4 parallel mineralised structures open along strike and at depth Successfully mined Teal Stage 1 and 2 open cut generating A$7m cash in 201
Slide 13: Building the Project Pipeline
BUILDING THE PROJECT PIPELINE For personal use only 70,000M DRILLING PROGRAM PLANNED FOR FY2021 - CONVERT, GROW, DISCOVER 1 Initial focus is reserve generation and resource growth targets in H2 2020 and 2021 in addition to drill testing a number of high priority exploration targets Over 15 high
Slide 14: Key Milestones
KEY MILESTONES1 For personal use only RAPIDLY BUILDING A MID-TIER PRODUCTION BUSINESS PHASE Q3 CY20 Q4 CY20 Q1 CY21 Q2 CY21 Q3 CY21 Q4 CY21 Q1 CY22 Q2 CY22 Q3 CY22 BOORARA STAGE 1 - MINING Trial mining - TOLL MILLING DRILLING PROGRAM 70,000m drilling program RESOURCE UPDATES FEASIBILITY STUDY Defini
Slide 15: Horizon Value Proposition
HORIZON VALUE PROPOSITION For personal use only EMERGING MID-TIER GOLD DEVELOPER 1.1MOZ GOLD LARGE, UNIQUE RESOURCE TO OUTSTANDING TENEMENT HOLDING 70,000M DRILLING STRONG UNDERPIN EXPLORATION IN HEART OF WA PROGRAM PLANNED MANAGEMENT TEAM STANDALONE GOLD POTENTIAL GOLDFIELDS DEVELOPMENT 15
Slide 16: For personal use only
Jon Price Managing Director T: +61 (08) 9386 9534 F: +61 (08) 9389 1597 For personal use only E: info@horizonminerals.com.au W: www.horizonminerals.com.au PO Box 1104 Nedlands WA 6909 163 Stirling Highway Nedlands WA 6009 16
Slide 17: Other Projects / Assets
OTHER PROJECTS / ASSETS For personal use only MULTIPLE INCOME STREAMS, RETAINED INTEREST AND EXPOSURE TO NON-GOLD COMMODITIES Nanadie Well Project (Cyprium Metals ASX:CYM) • Recently divested for $1.5m in cash and shares Richmond Vanadium Project • 45km2 in the Murchison region • 25% JV interest • F
Slide 18: Brief History of Horizon Minerals
BRIEF HISTORY OF HORIZON MINERALS For personal use only DRILLING DELIVERS YEAR ON YEAR RESOURCE GROWTH Asset swap with NST Merger with MacPhersons Mining first stage of Boorara for cash and de-risking larger Teal completed generating 34,000m regional and infill scale development A$7m cash with grade
Slide 19: Leadership Team
LEADERSHIP TEAM For personal use only ASHOK PAREKH, NON-EXECUTIVE CHAIRMAN GRANT HAYWOOD, CHIEF OPERATING OFFICER • Chartered accountant with over 40 years’ experience who owns a large Accounting Practice in • Mining Engineer with over 25 years’ experience in underground and open cut mining operatio
Slide 20: HRZ JORC Resource Statement
HRZ JORC RESOURCE STATEMENT For personal use only Horizon Minerals Limited – Summary of Gold Mineral Resources Project Cut-off Measured Indicated Inferred Total Resource Grade Mt Au (g/t) Oz Mt Au (g/t) Oz Mt Au (g/t) Oz Mt Au (g/t) Oz Teal 1.0 1.01 1.96 63,681 0.80 2.50 64,458 1.81 2.20 128,000 Jac
Slide 21: MRP Resource Statement
MRP RESOURCE STATEMENT For personal use only BOORARA GOLD RESOURCE (AT A 0.5 G/T AU CUT-OFF GRADE) NIMBUS ALL LODES (BOTTOM CUTS 12 G/T AG, 0.5% ZN, 0.3 G/T AU) Category Tonnes Grade Ounces Category Tonnes Grade Grade Grade Ounces Ounces Tonnes Mt Au (g/t) (k'000) Ag Mt Ag (g/t) Au (g/t) Zn (%) Au (
Slide 22: Forward Looking and Cautionary Statement
FORWARD LOOKING AND CAUTIONARY STATEMENT For personal use only • As noted on Slide 2, some statements in this Presentation regarding estimates or future events are forward looking statements. They include indications of, and guidance on, future earnings, cash flow, costs and financial performance. F
Horizon Minerals — Investor Presentation (August 2020) on 6ix