Manuka Resources Ltd · ASX:MKR
Manuka Resources — Shareholder Meeting (November 2024)
14 slides from Manuka Resources's shareholder meeting presentation, Nov 28, 2024
Slide 1: Chairman's address to the AGM
For personal use only • A near term producer of Gold and Silver in the Cobar Basin with existing processing infrastructure and mining approvals in place • Large Vanadium rich Iron Sands Project located offshore of the Taranaki Bight, New Zealand Chairman’s address to the AGM Annual General Meeting A
Slide 2: Disclaimer
Disclaimer This disclaimer applies to this presentation and the information contained in it (the Presentation). By reading complete or that it contains all information about the Company that a prospective investor or purchaser may this disclaimer you agree to be bound by it. The Presentation has bee
Slide 3: About Manuka: Phased Strategy to deliver Self-sustaining Value Creation
About Manuka Phased Strategy to deliver Self-sustaining ✓ ASX listed mine operator, Value Creation developer and explorer 3 For personal use only 2 ✓ Near-term production from Gold and Silver assets located in the prolific Cobar Basin, NSW 1 Taranaki VTM Project Wonawinta Silver Mine ▪ Large company
Slide 4: Manuka holds Assets of Strategic Value in a Tier-1 precious and base metals district
Manuka holds Assets of Strategic Value in a Tier -1 precious metals and base metals district 2023 acquisition of Endeavour Endeavour Mine Mine from CBH Resources Current Market Cap = A$150M For personal use only CSA Mine Tritton Mines 2022 US$1.1B acquisition of Cobar Mt Boppy CSA Mine from Glencore
Slide 5: Mt Boppy Gold
Mt Boppy Gold Mine (100% Manuka) • Historically one of NSW’s richest gold mines, having produced Resource Mt Au (g/t) Au (koz) ~500,000 oz Gold at ~15 g/t Au. Measured 0.1 5.25 18.0 • Proposed establishment of a flexible Low Capex Processing Facility on For personal use only Indicated 3.1 1.16 116.5
Slide 6: Mt Boppy Gold
Mt Boppy Gold Mine (100% Manuka) Boppy South Boppy South For personal use only PAF / TSF 3 TSF3 Existing Pit Outline Open Pit Evaporation Dam Open 120 mRL – Depth of current pit shell design ROM Planned Resource Outline Stockpile tailings dam Main Rock Dump Open Proposed drilling Figure 1 (left): Ae
Slide 7: Wonawinta Silver
Wonawinta Silver Mine (100% Manuka) • Highly strategic asset located within the prolific Cobar Basin, NSW. Resource Mt g/t Ag %Pb Ag Moz Pb kt • Only primary silver Reserve in Australia with all mining approvals Measured 1.1 47.3 0.69 1.65 7.5 current and process plant fully constructed.. For person
Slide 8: Wonawinta Silver
Wonawinta Silver Mine (100% Manuka) For personal use only Figure 1 (left): Aerial view of the Existing Wonawinta 1Mtpa Processing Plant looking Southeast demonstrating the space available for potential future upgrades (e.g. addition of flotation cells to treat base metal ores. Figure 2 (right): Aeri
Slide 9: Wonawinta Silver
Wonawinta Silver Mine (100% Manuka) For personal use only ▪ ‘Proof-of-Concept’ drill program has successfully tested for presence of carbonate-hosted sulphides down-dip from existing Wonawinta open pits, encountering lead-zinc-silver mineralisation over 3km strike. ▪ Selected mineralised intervals i
Slide 10: Taranaki VTM Project
Taranaki VTM Project • Large world-class Vanadium-rich 3.2 billion tonne Iron Sands (100% Manuka) Resource located in the Taranaki Bight, New Zealand. Resource Bt Fe2O3 (%) TiO2 (%) V2O5 (%) • The Taranaki VTM Project is located 22km to 36km offshore in New Zealand’s EEZ, or Exclusive Economic Zone,
Slide 11: Taranaki VTM Iron Sands Project Features
Taranaki VTM (vanadium titano-magnetite) Iron Sands Project Features For personal use only Forecast to be in the bottom quartile of the global iron ore operating cost curve The Taranaki project is headed by Alan Eggers and a Mining licence approved for recovery of 5Mt team who have a proven track re
Slide 12: Corporate Summary
Corporate Summary Share Price History Capital Structure 18.0 0.12 Shares Outstanding 780M 15.0 0.10 Share Price (A$/sh) Volume (M Shares) For personal use only Options Outstanding 208M 12.0 0.08 Share Price A$0.038 9.0 0.06 Market Capitalisation A$29.6M 6.0 0.04 Cash A$0.6M At 30 September 2024 3.0
Slide 13: Board and Key Management Personnel
Board and Key Management Personnel Track record of value creation combined with deep and relevant operational experience Dennis was Head of Trading at HSBC Australia prior to joining Tennant Limited in 1997, one of Australia’s largest physical commodities trading companies with Dennis Karp For perso
Slide 14: Summary
Summary ✓ Near-term production from Gold and Silver assets strategically located in the prolific Cobar Basin, NSW For personal use only ✓ Initial 3.5-Year mine plan at Mt Boppy Gold Mine delivering an average annualised EBITDA of A$44M1 (mine life expected to more than double from modest expenditure
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