29metals Limited · ASX:29M
29metals — Diggers & Dealers Mining Forum 2024
22 slides from 29metals's conference presentation, Aug 8, 2024
Slide 1: ASX Announcement: Diggers & Dealers Mining Forum 2024 – Updated
ASX ANNOUNCEMENT Thursday, 8 August 2024 Diggers & Dealers Mining Forum 2024 – Updated Investor Presentation 29Metals Limited (‘29Metals’ or, the ‘Company’) refers to its Diggers & Dealers Mining Form 2024 investor For personal use only presentation released to the ASX Announcements Platform on 7 Au
Slide 2: Diggers & Dealers Mining Forum 2024
Diggers & Dealers Mining Forum 2024 For personal use only Unlocking value to empower the future 7 August 2024
Slide 3: Important information
Important information The information in this presentation is provided for general information regarding 29Metals Limited (the ‘Company ‘) and its subsidiaries (together with the Company, ‘29Metals‘). Material information in this presentation has been derived from information publicly released by th
Slide 4: Unlocking value to empower the future
Unlocking value to empower the future Copper – a critical future facing metal to enable the global transition towards electrification Capricorn Copper Large copper endowments For personal use only (Production Suspended) Group Mineral Resources estimates2: 128Mt, 2.3Mt Contained Copper + 2.3Mt Zinc,
Slide 5: Key assets snapshot
Key assets snapshot Two large copper metal endowments in a tier 1 jurisdiction For personal use only Golden Grove Capricorn Copper Mineral Resources1: Location: Western Australia Location: Queensland Mineral Resources1: 59.2Mt @ 1.7% Cu, 3.9% Zn, 64.8Mt @ 1.8% Cu, 0.7g/t Au, Ownership: 100% 9g/t Ag,
Slide 6: Sustainability & ESG
Sustainability & ESG Building trust and credibility with all stakeholders For personal use only Responsible environmental Safe and inclusive workplace Partnering with Stakeholders stewardship Group Critical Risk Management framework Priority to reduce water inventory at Capricorn Community Con
Slide 7: Golden Grove
For personal use only Grove Golden
Slide 8: Golden Grove
Golden Grove Long life, high-grade copper, zinc and precious metals mining operation in tier 1 location World-class, long-life VMS System Production growth levers Exploration upside For personal use only 30+ year history, first commercial production 1990 1 Xantho Extended ramping-up In-mi
Slide 9: Xantho Extended an immediate term value driver
Xantho Extended an immediate term value driver Xantho Extended is Golden Grove’s highest value ore source. Gossan Valley and Cervantes potential future growth options Golden Grove Ore Reserves1: Xantho Extended ramping-up For personal use only 5.0% Grade - %Cu-eq2 Xantho Extended and Europa 4.5% Pot
Slide 10: Xantho Extended ramping-up
Xantho Extended ramping-up Enabled by significant investment in debottlenecking and efficiency projects Xantho Extended debottlenecking and efficiency projects For personal use only Xantho Extended development metres (m) Ventilation circuit Booster fan Underground extension commissioning fue
Slide 11: Gossan Valley
Gossan Valley A potential near-term development option to grow and derisk production Scuddles Gossan Hill Gossan Valley1 For personal use only Potential additional production front 1992 400m 1994 2023 400m 400m N N N Relatively shallow ore source 31 29 Years Years ? Resource upside potential C
Slide 12: Exploration upside target areas
Exploration upside target areas Golden Grove VMS system controls well understood after decades of drilling Long Section: Gossan Hill and Scuddles1 For personal use only Gossan Hill Scuddles Repeat mineralization across interpreted feeder zones Interpreted Feeders Untested sides of interpreted feeder
Slide 13: Capricorn Copper
For personal use only Copper Capricorn
Slide 14: Progressing Capricorn Copper towards a sustainable water balance footing
Progressing Capricorn Copper towards a sustainable water balance footing Significant investment since the March 2023 extreme weather event1 - reduction of water levels on site an immediate term focus For personal use only Water diversion infrastructure enhanced Additional mechanical evaporators
Slide 15: Established infrastructure
Established infrastructure Surface and underground infrastructure to support a future restart, progressing long term tailings solution For personal use only Surface infrastructure Underground development 14
Slide 16: Large copper metal endowment with upside potential
Large copper metal endowment with upside potential Mineral Resources estimates1 of 64.8Mt at 1.8% Cu - recent high-grade copper intercepts2 outside of existing Mineral Resources estimates1 Capricorn Copper Long Section1 For personal use only Esperanza South Esperanza Mammoth Greenstone Legend: : Ext
Slide 17: Resource extension and potential exploration upside
Resource extension and potential exploration upside Long history of successful step-out drilling at Capricorn Copper to grow the Mineral Resources estimates1 Esperanza South Resource extension drilling Mammoth Resource extension and exploration drilling For personal use only 0m 250m 0m 250m Local Gr
Slide 18: Unlocking value to empower the future
Unlocking value to empower the future Copper – a critical future facing metal to enable the global transition towards electrification Capricorn Copper Large copper endowments For personal use only (Production Suspended) Group Mineral Resources estimates2: 128Mt, 2.3Mt Contained Copper + 2.3Mt Zinc,
Slide 19: Unlocking value to empower the future
For personal use only Unlocking value to empower the future 18
Slide 20: Appendix: 2023 Group Mineral Estimates – Mineral Resources
Appendix 2023 Group Mineral Resources and Ore Reserves Estimates 1 Mineral Resources Mineral Resources estimates at the Group level are the aggregation of 31 December 2023 Mineral Resources estimates for Golden Grove, Capricorn Copper and Redhill 2. Mineral Resources estimates have been depleted for
Slide 21: Appendix (continued): 2023 Group Mineral Estimates – Ore Reserves
Appendix (continued) 2023 Group Mineral Resources and Ore Reserves Estimates 1 Ore Reserves Ore Reserves estimates at the Group level are the aggregation of the 31 December 2023 Ore Reserves estimates for Golden Grove and Capricorn Copper 2. Ore Reserves estimates have been depleted for production t
Slide 22: Appendix (continued): 2023 Capricorn Copper Mineral Resources
Appendix (continued) 2023 Capricorn Copper Mineral Resources 1 The 31 December 2023 Mineral Resources estimates for Capricorn Copper are set out in the table below and incorporate the results of additional resource conversion, resource extension and grade control drilling completed since the cut-off