Qmines Ltd. · ASX:QML
Qmines — Noosa Conference (November 2024)
21 slides from Qmines's conference presentation, Nov 13, 2024
Slide 1: Share in Our Exciting Future...
For personal use only November 2024 Share in Our Exciting Future... 1
Slide 2: Important Information
Important Information DISCLAIMER For personal use only This document is confidential and may not be reproduced, redistributed or passed on, directly or indirectly. This document is neither a prospectus nor an offer to subscribe for Shares. QMines Limited ACN 643 212 104 (QMines) and its directors, o
Slide 3: Regional Strategy
For personal use only Regional Strategy Regional Strategy Onsite Processing Critical Metals Plant Production Hub QMines 3 year growth strategy involves building a centralised processing plant, Mining Multiple servicing several Deposits regional mines generating 15-20kt of annual CuEq production for
Slide 4: Deliver: Speed of Execution, Rapid Resources Growth, Fantastic PFS Results
For personal use only Deliver Speed of Execution Rapid Resources Growth Fantastic PFS Results 4
Slide 5: Speed of Execution
For personal use only Speed of Acquired Mt Acquired Five Carbon Neutral Execution Chalmers Mine Initial Public Offering Rural Properties Certification Management That Delivers! Since listing +3 years 6x Resource Pre-Feasibility Established Base Mining License ago, the QMines Updates Study of Operati
Slide 6: Rapid Resource Growth
Rapid Resource Growth QMines Limited (ASX:QML) 200,000 2.0% For personal use only Delivered Six 180,000 Resources¹ ² ³ 160,000 Rapid Resource 1.5% Growth 140,000 Large Drilling 120,000 Program Planned Management 100,000 1.0% That Delivers! The QMines team 80,000 are on-track to deliver their seventh
Slide 7: Fantastic PFS Results
Production Grades Copper Equivalent Production 1.60 18,000 1.40 16,000 For personal use only 1.20 14,000 $373m Pre-Tax 1.00 NPV & 54% IRR 12,000 0.80 10,000 Fantastic PFS 0.60 8,000 Results 0.40 0.20 6,000 4,000 - 1 2 3 4 5 6 7 8 9 10 11 2,000 $192m CAPEX Outstanding Copper % Gold g/t CuEq % - 1 2 3
Slide 8: Growth Strategy
For personal use only Growth Strategy Three Year Vision 8
Slide 9: "Pure Play" Copper Producers - Australian Projects
"Pure Play" Copper Producers - Australian Projects Annual Copper Equivalent Tonnes: For personal use only Energy Transition Requires Copper Three Year AIC Mines Vision Limited ASX 29 Metals Scarcity of ASX Copper Producers Listed Copper Producers The scarcity of “pure play” ASX listed Aeris Resource
Slide 10: Annual Copper Equivalent Production
Annual Copper Equivalent Production (t CuEq) For personal use only Mt Chalmers 20,000 “Base Load” Three Year 18,000 Greenfield Exploration Vision 16,000 14,000 Strategy To Immediate Brownfield Upside 12,000 Brownfield Exploration + M&A Achieve Vision QMines growth 10,000 strategy involves brownfield
Slide 11: Brownfields Exploration
For personal use only Brownfields Exploration Immediate & Known Growth Develin Creek Upside Mt Chalmers Upside 11
Slide 12: Immediate & Known Growth
Cu Zn Ag JORC Tonnes Au Grade Rank: Deposit: Grade Grade Grade For personal use only Category: (Mt): (g/t): (%): (%): (g/t): Immediate & Known Growth Indicated Currently 1 Scorpion¹ 1.22 1.1 0.2 0.7 4.9 & Inferred Drilling Immediate & Sulphide Indicated & Known Upside 2 1.93 1.1 0.2 1.4 6.2 City¹ In
Slide 13: Develin Creek Upside
For personal use only Infill & Step Out Drilling Develin Creek Upside¹ Metallurgy & Immediate & Geotech Known Upside Significant upside to Mt Chalmers PFS results remain with two additional deposits located approximately Optimisation & 90km from Mine Design Rockhampton, yet to be incorporated into t
Slide 14: Mt Chalmers Upside
For personal use only Infill & Step Out Drilling Mt Chalmers Upside¹ Metallurgy & Immediate & Geotech Known Upside² ³ Significant upside to Mt Chalmers PFS results remain with three additional deposits within 1.5km Optimisation & of Mt Chalmers yet to Mine Design be incorporated into the mine plan.
Slide 15: Initial Scorpion Results
For personal use only Infill & Step Out Drilling Initial Scorpion Results Metallurgy & Shallow High- Geotech Grade Deposit Expected to Add Mine Life Scorpion is a shallow high-grade copper and zinc deposit that is Optimisation & located within 90km of Mine Design Rockhampton. QMines current drill pr
Slide 16: Woods Shaft Results
For personal use only Infill & Step Out Drilling Woods Shaft Results Metallurgy & Shallow Deposit Geotech Expected to Add Mine Life Woods Shaft is a shallow high-grade gold and copper deposit that is located Optimisation & within 800m of the Mt Mine Design Chalmers mine. QMines plans to infill this
Slide 17: Greenfield Exploration
For personal use only Greenfield Exploration Greenfield Strategy 17
Slide 18: Greenfield Strategy
For personal use only Infill & Step Out Drilling Greenfield Strategy Metallurgy & Greenfield Geotech Strategy Provides Exciting Potential Convert exciting exploration potential through testing of over Optimisation & 40 geophysical and Mine Design geochemical targets. Early success at Artillery Road
Slide 19: Share in Our Exciting Future...
For personal use only November 2024 Share in Our Exciting Future... 19
Slide 20: Resource & Reserve Statements
Resource & Reserve Statements Appendix 1 Tonnes Cut Off Cu Au Zn Ag S For personal use only Deposit¹ Reserve Category (Mt) (% Cu) (%) (g/t) (%) (g/t) (%) Mt Chalmers Proven 5.1 0.3% 0.72 0.58 0.25 4.70 5.80 Mt Chalmers Probable 4.5 0.3% 0.57 0.37 0.29 5.50 3.60 Total¹ 9.6 0.3% 0.65 0.48 0.27 5.20 4.
Slide 21: Resource & Reserve Statements (Continued)
Resource & Reserve Statements (Continued) Appendix 1 For personal use only Resource Tonnes Cut Off Cu Au Zn Ag Not in Mine Plan Deposit¹ Category (Mt) (% CuEq) (%) (g/t) (%) (g/t) Develin Creek Indicated 1.5 0.5% 1.21 0.18 1.25 7.1 Develin Creek Inferred 1.7 0.5% 0.92 0.16 1.20 4.8 Total¹ 3.2 0.5% 1