Eq Resources Limited · ASX:EQR
Eq Resources — Investor Presentation (March 2023)
18 slides from Eq Resources's investor presentation, Mar 15, 2023
Slide 1: EQ Resources Limited Webinar presentation
EQ RESOURCES LIMITED Webinar presentation March 15th 2023 ASX : EQR
Slide 2: Disclaimer
Disclaimer Competent Person's Statement • The information in this presentation partly relates to the outcomes of the Mt Carbine Bankable Feasibility Study Update (November 2022), made available through the Company’s website www.eqresources.com.au/. • The Company confirms that it is not aware of any
Slide 3: ESG Responsibility Acknowledgement
ESG Responsibility Acknowledgement In the spirit of accountability, EQ Resources and its Mt Carbine Operations acknowledges its responsibility towards caring for the land, sea, sky and community on and within which it operates. EQR is committed towards sustainable development of natural resources by
Slide 4: Corporate Overview
Corporate Overview Key Statistics Share Price Performance Share Price $0.063 per share 4 6 12-month range $0.04 - $0.078 per share 2 3 Shares on Issue 1,453 million 7 8 9 1 Market Capitalisation $95 million 0 Top 20 Shareholders 61% 5 1 Board & Management Non-Executive Chairman Oliver Kleinhempel No
Slide 5: ESG from Last Quarter
ESG from Last Ouarter + Local stakeholder information evening : Port Douglas RESOURCES ax + Stakehlder engagement sausage size: Mt Carbine reer Feel Safe. Lead with Embrace Integrity Difference Q2 2022 ESG SHOWCASE + Community outreach: EQR employees’ container collection donation te Mareeba State S
Slide 6: WHS Statistics
WHS Statistics EQR - ASX WHS Safety Statistics December to February 2023 793 800 700 600 550 600 500 300 400 300 60 60 200 0 0 0 0 0 0 0 0 10 15 60 21 1 60 0 1 5 2 1 0 0 2 1 0 0 10 21 62 12 1 62 2 2 8 100 1 0 0 0 2 0 0 0 8 20 62 18 1 62 1 2 8 Februaury 8 23 9 1 1 3 8 0 0 0 0 0 0 0 0 0 December Decem
Slide 7: Safety Training
Safety Training • 1 employee completed Drugs of Abuse Testing Officer training, • 7 employees completed Confined Space Enter and Work training, • 7 employees completed Gas Test Atmosphere, • 7 employees completed Working at heights training, • 9 employees completed First Aid & CPR training, • 3 empl
Slide 8: Capital Projects - Ongoing/Complete in prep for HG Ore
Capital Projects - Ongoing/Complete in prep for HG Ore ✓ Additional tables ordered and on their way to site ✓ Duplicate jig – ordered ✓ Engineering complete for screen and crusher setup for higher jig concentrate ✓ Additional rolls crushers ordered, larger than the ones we have ✓ Upgrade underway of
Slide 9: Development Timeline
Development Timeline Phased approach for early cash flow, with continuous Resource development UG Facilitation Early Works Funding & Bankable Secure Western Environmental Doc Internal Engineering Feasibility UG Scoping Expansion MRE Nov 2022: Extension UG Resource Approval Approval Study Complete Co
Slide 10: Environmental Permit Granted
Environmental Permit Granted Environmental Authority Study & Amendment Completed. Fully Permitted to commence open cut mining operations Opportunity taken to upgrade the EA • Water management plan ATC Williams • Upgraded TSF and Water Pond design • New Groundwater Hydrology Model including new boreh
Slide 11: Open Cut Mining Update
Open Cut Mining Update • Pit Pumping will be completed in March. • Grade Control Rig arrives 10th April, can do both RC or core. • Goldings arriving with limited equipment in combination with EQR equipment already on site for a ramp-up start to open cut Mining. • Goldings safety & operations start a
Slide 12: Golding's prep works initiated
Golding’s prep works initiated. • Goldings Safety Team on Site to finalize integration of safety systems. • Goldings operational team to initiate construction of workshops, washing bays, haul road mark outs, magazines etc. in preparation for June start and ramp up of open cut mining. 12
Slide 13: Exciting Drilling Results – Iron Duke & Western Extensions
Exciting Drilling Results – Iron Duke & Western Extensions Drilling confirmed previous A targets with both Iron Duke & Western Extension showing significant high-grade extensions. A. Iron Duke can now be linked to sections 150m to the east and surface outcrops. B. Western extension shows repeat of h
Slide 14: Iron Duke Extension
Iron Duke Extension Iron Duke intersection extends mineralization 120m to west 8.65m @ 0.56% WO3 incl. 2.25m @ 1.90% WO3 14
Slide 15: Western Extension - High Grade zone joins EQ026
Western Extension - High Grade zone joins EQ026 Zone of High-grade from Hole EQ026 continues plunging west with Hole EQ031 intersecting • 18.24m @ 1.00% WO3 (include. 5.51m @ 3.20% WO3 • Opens up potential for significant ore body. • Close proximity to existing decline makes deal UG ore. 15
Slide 16: Summary
Summary EQR is excited on these extensions as potential to add significant new MTU units. Confirms western stage III with optimization to confirm what goes to Open Cut and what to UG. 16
Slide 17: Pit Extension & Underground Potential
Pit Extension & Underground Potential • Last drilling phase brings pit extension into focus. Pit • Upgraded Western Extension Zone to Indicated Resources • Opened Potential of High-Grade Extensions 17
Slide 18: Follow us on
Site Contact: Investor Relations: Kevin MacNeill Peter Taylor Chief Executive Officer NWR Communications T: +61 438 542 260 T: +61 412 036 231 E: kmacneill@eqresources.com.au E: peter@nwrcommunications.com.au Registered Office: Mt Carbine Office: Level 4, 100 Albert Road 6888 Mulligan Highway, South