Europa Metals Limited · JSE:EUZ
Europa Metals — Investor Presentation (August 2020)
16 slides from Europa Metals's investor presentation, August 2020
Slide 1: Europa Metals - Toral Pb, Zn & Ag Project, Spain
EUROPA M E TA L S Lead Zinc Silver Toral Pb, Zn & Ag Project, Spain • Investment in key PFS stages • Significant exploration, engineering and metallurgy work underway or complete • De-risking a low capex, high grade mining AIM,Altx:(EUZ) potential within infrastructure rich EU region
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by Europa Metals Limited (‘EUZ’, ‘Europa’, ‘EM’ or ‘the Company’, AIM and Altx: EUZ). It should not be considered as an offer or invitation to subscribe for or purchase any securities in the Company, or as an inducement to make an offer or invitation wi
Slide 3: De-risking project through PFS
De-risking project through PFS Company Focused on sole asset: Toral Lead, Zinc and Silver Project Spain Established team have completed significant amounts of exploration work since project acquisition with 2020 work including: - JORC (2012) resources update with new Indicated resources/Phase III me
Slide 4: Corporate Overview
Corporate Overview BOARD AND SENIOR MANAGEMENT Myles Campion, Executive Chairman M.Sc. in Minerals Exploration from the Royal School of Mines and B.Sc. Honours in Geology from University of Wales College Cardiff • Appointed to the Board October 2017 - Technical Director and Executive Director • Prev
Slide 5: 12 month commodities performance
12 month commodities performance • 12 month performance across all three metals strong • Silver continues to react to high gold prices and global conditions • Zinc supply loses marginal producers, stockpiles low following five year deficit as Chinese steel underpins demand • Batteries underpinning L
Slide 6: Toral Lead, zinc & Silver Project, Spain
Toral Lead, zinc & Silver Project, Spain • Located in Castilla y Leon within historic mining region • Investigation Permit granted in 2007 to Lundin Mining A.G. • Near to old lead/zinc mine and in area with rail, road • Europa Metals acquires IP 2016 to begin work • Extension granted to November 202
Slide 7: Castilla y Leon Mining Activity
Castilla y Leon Mining Activity Mining activity in Castilla y León Active Investigation Permits 192 Active Mining Licenses 583 Investigation Permits granted in last 5 years 34 Mining Licenses granted in last 5 years 32 Source: Junta de Castilla y León, July 2020 Active Energy minerals mines Metalic
Slide 8: Toral – Spain, A European Metals Base
Toral – Spain, A European Metals Base • Province of León - established mining region • Close cooperation with Junta of Castilla y Leon has allowed delivery of multiple work programmes • Industrialized area- regional mining expertise • Infrastructure corridor - road, rail & power • EU Grants – Grant
Slide 9: Toral Project – History to August 2020
Toral Project – History to August 2020 Historic Current work programme • A new metallurgical study, being conducted by Wardell Armstrong • 40,000 metres+ of historic drilling undertaken International (“WAI”) • 1980’s Penaroyya to 2007 Lundin • An ore sorting analysis programme conducted by Bara Cons
Slide 10: Toral project metrics
Toral project metrics Indicated resource Global resource (JORC)** Metallurgy/Economic recovery Technical category** - 17 Mt @ 6.9% Zn Equivalent - 83.7% lead recovery to 60% - Initial - 3.8 Mt @ 8.3% Zn (including Pb credits), 4.1% concentrate hydrogeological Equivalent (including Pb Zn, 2.9% Pb and
Slide 11: JORC (2012) Resource Estimate
JORC (2012) Resource Estimate The updated mineral resource estimate as of August 2020 for the Toral lead-zinc-silver deposit comprises: • Indicated Resources of approximately 3.8 Mt @ 8.3% Zn Equivalent (including Pb credits), 4.7% Zn, 3.9% Pb and 30 g/t Ag o Including 180,000 tonnes of Zinc, 150,00
Slide 12: JORC (2012) Resource Estimate
JORC (2012) Resource Estimate The Company reviewed the new block model along with its appointed geological consultants, AMS, and concluded that a 4% cut-off was appropriate utilising estimated mining parameters typical for similar types of projects and mineralogy, and an historical three-year traili
Slide 13: Scoping Study (2018) design
Scoping Study (2018) design • The conceptual scenario selected progresses decline access ramp with a high grade focus • Mechanised Cut and Fill (MCAF) mining method proposed • Entry to mine via a principal decline reaching various levels • Series of internal mining inclined ramps constructed to acce
Slide 14: Key PFS Components funded
Key PFS Components funded • Hydro geological work to PFS level • Resource drilling to increase confidence levels within block model • Advanced metallurgical work • Geotechnical Programme • Environmental & waste management programmes 14
Slide 15: Summary
Summary • Considerable exploration work completed demonstrating potential for progressing high- grade lead, zinc and silver project in Spain-Indicated and Global resource with recovery and concentrate grade results from Wardell Armstrong • Near-term operational work underway: WAI metallurgical study
Slide 16: Lead, Zinc & Silver in Europe
Lead, Zinc & Silver in Europe AIM, Altx: EUZ 17 16