Patronus Resources Limited · ASX:PTN
Patronus Resources — Resources Rising Stars Brisbane 2024
16 slides from Patronus Resources's conference presentation, Feb 15, 2024
Slide 1: Changing the Game in Leonora: Gold, Base Metals and Beyond
CHANGING THE GAME IN LEONORA GOLD, BASE METALS AND BEYOND Resources Rising Stars | Brisbane 1 February 2024 ASX: KIN | kinmining.com.au
Slide 2: Corporate | Robust Capital Structure
CORPORATE│ROBUST CAPITAL STRUCTURE Directors Shareholders 1% ASX: KIN Retail 22% Share price (25 January 2024) A$0.061 Institutional 5% Ordinary shares on issue 1,178M High Net Worths Market Capitalisation $71M 17% Delphi 41% Cash (31 Dec 2023) * $2.8M SBM 14% Liquid Assets (16M GMD shares @ 24/1/24
Slide 3: Why Kin? Key Investment Fundamentals
W H Y K IN? │K E Y INV E S T M E NT FU NDAM E NTAL S People Highly experienced team: Proven track record of success Transformative deals: Oversaw recent deals with Genesis Minerals (ASX: GMD) Platform $86M in cash & liquids*: Unique position of strength in current climate Trading at a discou
Slide 4: Board & Management | Experienced, Capable, Focused
BOARD & MANAGEMENT│EXPERIENCED, CAPABLE, FOCUSED Rowan Johnston Hansjoerg Plaggemars Nicholas Anderson Steven Jones Leah Moore Joe Graziano Executive Chairman Non-Executive Director Executive Director - CFO & Company Secretary Exploration Manager Non-Executive Director Business Development • Highly
Slide 5: Strategy | An Exceptional Platform for Growth
STRATEGY│AN EXCEPTIONAL PLATFORM FOR GROW TH Market Cap up to $72M (doubled in 6 months) Cash and liquid assets of A$86 million* Follows strategic divestment of 610koz for $88/oz to Genesis Minerals ($53.5M – cash & scrip) Retained 932koz – close to local processing plants East Cardinia: 4
Slide 6: Minerie Domain | Changing the Game
MINERIE DOMAIN│CHANGING THE GAME District re-think worked VHMS discovery at Albus opens entirely new region Leading to new discoveries in new areas Exploration-driven approach Make quick decisions Think outside the box New data layers will also improve target quality for gold Strong
Slide 7: Exploration | Next Six Months
EXPLORATION│NEXT SIX MONTHS Gold and base metals Considered diamond program with DHEM Targeting both Albus VHMS and deep gold targets Deep targets under Helens and Cardinia Hill are >200m down dip in areas of structural complexity and focus of high grades Continue VHMS exploration with gra
Slide 8: Gold Exploration | Ongoing
GOLD EXPLORATION│ ONGOING +932k oz in Cardinia East and Mertondale → all are open Multiple “easy win” opportunities to increase confidence and add to Resource base Numerous greenfields and brownfields targets throughout the belt which will be drill tested later in year 2km long gold anomaly
Slide 9: Albus | New VHMS Discovery
ALBUS│NEW VHMS DISCOVERY Significant VHMS mineralisation discovered between the Helens and Rangoon gold deposits at Cardinia east Reassessment of deep diamond drill holes targeting gold that were drilled in 2022 Re-assaying of diamond hole IPD0001 produced a ‘discovery’ intercept; 5.7m @ 5.3
Slide 10: Albus | Discovery Intercept in Previous Gold Hole
ALBUS│DISCOVERY INTERCEPT IN PREVIOUS GOLD HOLE 10 ASX: KIN | kinmining.com.au
Slide 11: Albus | Discovery Intercept in Previous Gold Hole
ALBUS│DISCOVERY INTERCEPT IN PREVIOUS GOLD HOLE 5.7m @ 5.3% Zn, 0.34% Cu, 0.3% Pb, 40ppm Ag, 1.0ppm Au from 270.3m This is just the tip of the iceberg! Ongoing mapping and geochemistry have confirmed VHMS fertility of the Cardinia Project area 11 ASX: KIN | kinmining.com.au
Slide 12: VHMS | An Expanding Camp
VHMS│AN EXPANDING CAMP >40km strike across five known favourable horizons with one confirmed mineralized target Horizons identified from combination of surface mapping, detailed geochemistry and re-assessing historic data VHMS and gold have very distinct chemical signatures and are spatially d
Slide 13: Key Objectives | Next Six Months
KEY OBJECTIVES │NEXT SIX MONTHS GROW A QUALITY TEAM BASE METALS GOLD DISTRICT EVALUATION Consolidation Use latest technology and Have we found a new Build on existing VMS discovery has forced Both large and small so science VMS camp? Economic +900koz resources by a rethink of the district long as va
Slide 14: Disclaimer
DISCLAIMER This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions in connection
Slide 15: Thank You & Questions
THANK YOU & QUESTIONS KIN A well funded growth opportunity. ASX: KIN | kinmining.com.au 15
Slide 16: Kin Mining NL | Mineral Resources
KIN MINING NL | MINERAL RESOURCES Notes ▪ See ASX Announcement 23 July 2023 “Cardinia Gold Project Mineral Resource Update” and 23 December 2023 “Kin accepts Genesis offer for 610k oz gold” ▪ The Company confirms that all material assumptions and technical parameters underpinning the estimates conti
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