Meeka Metals Limited · ASX:MEK
Meeka Metals — Meeka Gold — Investor Presentation (February 2022)
16 slides from Meeka Metals's investor presentation, February 2022
Slide 1: Meeka Gold Limited
GOLD LIMITED
Slide 2: A Quality Gold Project Portfolio
A Quality Gold Project Portfolio Underpinned by a large high grade gold resource ▪ 1.1Moz gold Mineral Resource (65% in Measured and Indicated classification) ▪ Strategic land holding in Murchison Gold Field (343km2 Mining Leases and Exploration Licenses) ▪ Murchison Scoping Study outlines compellin
Slide 3: 1.1Moz Gold Mineral Resource with Exploration Upside
1.1Moz Gold Mineral Resource with Exploration Upside Murchison Gold Project – tier 1 jurisdiction, access to infrastructure and Pre-feasibility Study underway ▪ Scoping Study released in December 2021 outlines 50koz per annum mining operation producing +400koz over the 8 year life of mine ▪ Pre-feas
Slide 4: St Anne's Exploration Results Support Resource Growth Opportunity
St Anne’s Exploration Results Support Resource Growth Opportunity Shear zone between 610koz Turnberry deposit and St Anne’s prospect vastly unexplored ▪ The shear zone between Turnberry and St Anne’s has only had limited, broadly spaced drilling ▪ Phase 2 drilling completed at St Anne’s in late 2021
Slide 5: MGP Restart Supported by Strong Project Fundamentals
MGP Restart Supported by Strong Project Fundamentals Murchison Scoping Study outlines compelling production restart opportunity Physicals Economics at $2,400/oz gold price ✓ 8 year life of mine ✓ Pre-tax undiscounted free cash flow of $182M ✓ Average gold production of ~50,000ozpa ✓ Post-tax $131M ✓
Slide 6: Highly Leveraged to the Gold Price
Highly Leveraged to the Gold Price Every A$100/oz rise in gold price adds $40M to project free cash flow Project Economics at AUD Gold Price Unit $2,300 $2,400 $2,500 $2,600 $2,700 Gold Production Koz 422 422 422 422 422 Gross Revenue $M 970 1,012 1,054 1,096 1,138 Pre-production Capital $M 52 52 52
Slide 7: Low Risk Start-up
Low Risk Start-up Mine development is staged to limit pre-development capital requirement ▪ High grade Andy Well underground commenced first ▪ Cash flow from operations used to fund subsequent mine development at Turnberry ▪ Simple, well understood processing at existing Andy Well CIL Plant ▪ Base c
Slide 8: Start-up Plan Targets Highest Confidence Mineralisation
Start-up Plan Targets Highest Confidence Mineralisation Strong opportunity to grow the mine life though exploration from UG drill platforms Slide 8
Slide 9: Camp Scale Exploration Opportunity
Camp Scale Exploration Opportunity Circle Valley – vastly unexplored terrain within the Albany-Fraser Mobile Belt ▪ 167km2 Exploration License ▪ Shallow, soil covered section of the southwestern Albany-Fraser Mobile Belt on the margin of the Yilgarn Craton ▪ Limited historical reconnaissance aircore
Slide 10: Large Gold in Soil Signature at Anomaly A
Large Gold in Soil Signature at Anomaly A Circle Valley – first pass RC drilling delivers thick, shallow gold intersection ▪ 2020 – auger geochemical sampling program defines 1.2km by 400m gold in soil anomaly ▪ 2021 – reconnaissance aircore program intercepts broad zones of anomalous gold in the re
Slide 11: Multi-element Analysis Points to Tropicana Style Pathfinder Geochemistry
Multi-element Analysis Points to Tropicana Style Pathfinder Geochemistry Circle Valley – significant end of hole anomalism with elevated pathfinder metals, particularly silver End of hole multi-element analysis points to Tropicana style pathfinder geochemistry with strong enrichment in metals: ▪ 1.7
Slide 12: Analogue: Early Tropicana Drill Section vs. Anomaly A
Analogue: Early Tropicana Drill Section (top) vs. Anomaly A (bottom) Tropicana – a large gold in soil anomaly with thick zones of primary mineralisation below the regolith Tropicana ✓ Large gold in soil anomaly ✓ Strong pathfinder metal enrichment (Ag/Mo/Te) ✓ Thick zones of gold mineralisation belo
Slide 13: Top 20 Hold 38% of the Register
Top 20 Hold 38% of the Register Board & Management hold 9% = well aligned with shareholders Capital Structure Board & Management Share Price (closing price 4th Feb) A$/share 0.042 ▪ Experienced businessman and active investor in media, technology and Timothy Moore resources industries Shares on Issu
Slide 14: JORC 2012 Mineral Resource Statement
Appendix 1 JORC 2012 Mineral Resource Statement Measured Indicated Inferred Total Project Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces ('000t) (g/t) ('000oz) ('000t) (g/t) ('000oz) ('000t) (g/t) ('000oz) ('000t) (g/t) ('000oz) Andy Well 150 11.4 55 1,050 9.3 315 65
Slide 15: Important Information
IMPORTANT INFORMATION Disclaimer This information contained in this presentation is issued by Meeka Gold Limited (“Meeka” or “the Company”). The information contained herein is confidential and proprietary to the Company and is provided to recipients on the terms and conditions set out in this discl
Slide 16: ASX:MEK
ASX:MEK Tim Davidson│Chief Executive Officer (08) 6388 2700 info@meekagold.com.au www. meekagold.com.au