Slide 1: Noosa Mining Conference
N O O S A M I N I N G C O N F E R E N C E 2 1 J u l y 2 0 2 2
Slide 2: Forward Looking Statement
U N E A R T H I N G P R O S P E R I T Y FORWARD LOOKING STATEMENT ASX: NML This presentation has been prepared by Navarre Minerals Limited (Navarre or the Company). It contains general information about the Company’s activities current as at the date of the presentation. The information is provided
Slide 3: Navarre Has Joined The Producer Ranks
NAVARRE HAS JOINED THE PRODUCER RANKS U N E A R T H I N G P R O S P E R I T Y ASX: NML Acquisition of Mt Carlton Gold Mine completed mid December 2021 Transformation of Navarre to producer status with immediate cashflow generation Strong first six months of production, transition bedded down Initial
Slide 4: Board And Management Team
BOARD AND MANAGEMENT TEAM U N E A R T H I N G P R O S P E R I T Y ASX: NML Kevin Wilson Mr Wilson has over 30 years’ experience in the minerals and finance industries. He was the Managing Director of Rey Resources Limited, an Non-Executive Chair Australian energy exploration company, from 2008 to 20
Slide 5: Corporate Overview (ASX: NML)
CORPORATE OVERVIEW (ASX:NML) CAPITAL STRUCTURE SHARE PRICE $0.047 BOARD OF DIRECTORS SHARES ON ISSUE 1436.1 million PERFORMANCE RIGHTS 7.2 million Kevin Wilson Non-Executive Chairman OPTIONS 9.4 million Ian Holland Managing Director FULLY DILUTED 1452.7 million MARKET CAPITALISATION $67.5 million Ge
Slide 6: Committed To Our Stakeholders
COMMITTED TO OUR STAKEHOLDERS U N E A R T H I N G P R O S P E R I T Y ASX: NML “4.5 out of 5 – Social Scholarships and Environmental rehab Licence to Operate Apprenticeships with and research projects Score” local Birriah Deloitte Stakeholder Indigenous people Perception Survey Road upgrade ISO14001
Slide 7: Significant Growth Opportunities At Mt Carlton
SIGNIFICANT GROWTH OPPORTUNITIES U N E A R T H I N G P R O S P E R I T Y AT MT CARLTON ASX: NML ▪ Maiden Navarre Mineral Resource1 (414koz Au) and Ore Reserve1 (208koz Au) at Mt Carlton: 1 Mt Carlton Plant – Replaced depleted material – Maiden Reserve from FY23 production sources 2 FY23+: V2 Pit, Mo
Slide 8: Mt Carlton Acquisition
MT CARLTON ACQUISITION U N E A R T H I N G P R O S P E R I T Y ASX: NML ▪ Operational background: – Commissioned 2013 – ~960ktpa nameplate conventional flotation/bullion processing circuit – Historically open pit and underground ore sources (currently open pit) – Material copper and silver by-produc
Slide 9: Mt Carlton – The Near-Term
MT CARLTON – THE NEAR-TERM U N E A R T H I N G P R O S P E R I T Y ASX: NML Total Mineral Resources of 9.05Mt at 0.87 g/t for 253koz of gold1, including: ▪ V2: 1.54Mt at 1.86 g/t for 92koz ▪ MCU: 0.34Mt at 2.18 g/t for 24koz ▪ TH: 0.16Mt at 2.94 g/t for 15koz Total Ore Reserves of 7.4Mt at 0.65 g/t
Slide 10: Crush Creek – Future Growth
CRUSH CREEK – FUTURE GROWTH U N E A R T H I N G P R O S P E R I T Y ASX: NML Crush Creek Mineral Resources1 of 2.0Mt at 2.48 g/t for 161koz of gold, including: ▪ Delta: 1.17Mt at 2.22 g/t for 83koz ▪ BV7: 0.85Mt at 2.84 g/t for 78koz Crush Creek Ore Reserves1 of 0.56Mt at 3.00 g/t for 54koz of gold,
Slide 11: Crush Creek – Beyond The Resources
CRUSH CREEK – BEYOND THE RESOURCES U N E A R T H I N G P R O S P E R I T Y ASX: NML Current MROR: Delta/BV7 ■ Significant number of identified prospects on MDL2010 ■ Opportunity for Navarre to utilize expertise in greenfields exploration to make new discoveries in a target rich field ■ Data compilat
Slide 12: Victorian Projects - Overview
U N E A R T H I N G P R O S P E R I T Y VICTORIAN PROJECTS - OVERVIEW ASX: NML Stawell Corridor • Irvine - most significant new greenfield gold resource in Victoria in decades • Mineralisation style analogous with nearby Stawell Gold Mine (5Moz) • Geological footprint significant, targeting +1Moz in
Slide 13: Stawell Corridor Gold Project
U N E A R T H I N G P R O S P E R I T Y STAWELL CORRIDOR GOLD PROJECT ASX: NML Irvine Basalt Dome • Maiden Mineral Resource1 reported in March 2021 – 304koz at 2.4 g/t gold • Resource hosted on east flank of basalt dome, open down-dip and along strike • West flank remains poorly tested, follow up pr
Slide 14: Accelerating To Delineate Growth
ACCELERATING TO DELINEATE GROWTH U N E A R T H I N G P R O S P E R I T Y ASX: NML ▪ Navarre has rapidly transitioned to domestic gold producer status ▪ Significant potential for near-mine resource and reserve growth – additional funds to fast-track upside ▪ Highly leveraged to mine life extension gi
Slide 15: ASX: NML
U N E A R T H I N G P R O S P E R I T Y ASX: NML Navarre Minerals Limited 40-44 Wimmera Street Stawell VIC Australia 3380 t +61 3 4329 0310 e info@navarre.com.au w navarre.com.au 15
Slide 16: Appendix: Mineral Resources
U N E A R T H I N G P R O S P E R I T Y APPENDIX: MINERAL RESOURCES ASX: NML Consolidated Navarre Mineral Resources1 – 31 December 2021 Navarre Minerals – Consolidated Mineral Resource Estimate - 31 December 2021 Notes: Gold Silver Gold Silver ▪ All Mineral Resources are reported in accordance with
Slide 17: Appendix: Ore Reserves
U N E A R T H I N G P R O S P E R I T Y APPENDIX: ORE RESERVES ASX: NML Consolidated Navarre Ore Reserves1 – 31 December 2021 Navarre Minerals – Consolidated Ore Reserve Estimate - 31 December 2021 Gold Silver Copper Gold Silver Reserve Tonnes Copper Project grade grade grade Metal Metal Classificat