Maritana Minerals Limited · ASX:MRT
Maritana Minerals — Shareholder Meeting (November 2022)
22 slides from Maritana Minerals's shareholder meeting presentation, Nov 25, 2022
Slide 1: Annual General Meeting Presentation November 2022
ANNUAL GENERAL MEETING PRESENTATION NOVEMBER 2022
Slide 2: Disclaimer and Important Notices
DISCLAIMER AND IMPORTANT NOTICES Nature of Document expressions. Forward looking statements, opinions and estimates included in this Presentation are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry trends, which are based
Slide 3: About Horizon: Minerals Explorer in the Heart of the Goldfields
ABOUT HORIZON MINERALS EXPLORER IN THE HEART OF THE GOLDFIELDS Horizon Minerals is an explorer with highly strategic projects in the Kalgoorlie and Coolgardie regions and exposure to multiple commodities within Australia +1.24Moz 1 1,100 sq km Mineral Resources Large, strategic WA Goldfields landhol
Slide 4: Corporate Snapshot
ABOUT HORIZON CORPORATE SNAPSHOT Share Price History Capital Structure 1 Shares M 622.8 Listed Options M 50.4 Share price A$ 0.07 Market capitalisation A$M 43.6 Cash position + listed investments A$M 4.3 Debt A$M Nil Enterprise value A$M ~39.3 Shareholder Breakdown Board and Management 2 Ashok Parek
Slide 5: 2022 in Review
EXPLORATION SUCCESS IN A CHALLENGING MARKET ENVIRONMENT 2022 IN REVIEW • Excellent drilling results from multiple gold projects across the 1,100km2 portfolio ➢ Kalpini, Binduli, Golden Ridge, Cannon, Crake, Coote, Kestrel and Monument 1 • Grass roots drilling identified potential for multiple commod
Slide 6: Greater Boorara - Cannon
SUCCESSFUL DRILLING PROGRAM ACROSS CORE RESOURCE BASE GREATER BOORARA - CANNON • Air Core, RC and diamond drilling completed • Golden Ridge (4km south of Boorara) results include1: o 4m @ 46.7g/t Au from 80m and 5m @ 8.3g/t Au from 57m o 2m @ 20.77g/t Au from 80m and 2m @ 26.11g/t Au from 69m o 12m
Slide 7: Binduli - Teal
SUCCESSFUL DRILLING PROGRAM ACROSS CORE RESOURCE BASE BINDULI - TEAL • Step out drilling completed in the south, new targets in the north, on lake drilling at Kestrel pending • Crake and Coote drilling results include1: o 12m @ 6.9g/t Au from 56m and 10m @ 7.0g/t Au from 36m o 4m @ 9.3g/t Au from 75
Slide 8: Yarmany and Lakewood
EXPLORATION DRILLING INTERCEPTS MULTI-COMMODITY MINERALISATION YARMANY AND LAKEWOOD • First pass reconnaissance drilling completed following extensive target generation study • Results at Yarmany demonstrate prospectivity for gold as expected but Ni, Cu, Li mineralisation intercepted also • Further
Slide 9: Resource Updates Released
SUCCESSFUL DRILLING DATA NOW INCORPORATED INTO GEOLOGICAL MODELS RESOURCE UPDATES RELEASED • 1.24Moz Au Mineral Resource at 1.7g/t Au with 70% in M&I1 • Mineral Resource updates for core deposits1: 1. Boorara: 448koz (11.0Mt @ 1.26g/t Au) 2. Binduli: 88koz (1.8Mt @ 1.5g/t Au) 3. Rose Hill: 93koz (0.
Slide 10: Cannon, Penny's Find & Rose Hill
DEVELOPING AN UNDERGROUND MINING SEQUENCE UNDER A CONTRACT MINING – TOLL MODEL CANNON, PENNY’S FIND & ROSE HILL • Cannon MRE of 230kt @ 4.4g/t Au for 32,000oz 1 • PFS completed with low upfront capex generating $10m cash at $2,600/oz gold price 1 • Permitting well advanced for a development decision
Slide 11: Acquisitions and Divestments
DIVEST FOR CASH – ACQUIRE FOR VALUE ACQUISITIONS AND DIVESTMENTS • A number of acquisitions completed in FY2022 to grow the portfolio all within 75km of Kalgoorlie / Coolgardie with existing resources and significant growth potential • Kalpini, Cannon, Penny’s Find projects acquired adding high grad
Slide 12: Richmond – Julia Creek Vanadium
INTENTION TO LIST ON THE ASX AND ADVANCE DFS RICHMOND – JULIA CREEK VANADIUM • Horizon owns 25% interest in RVT which owns 100% of the 1.8Bt Richmond vanadium project in Northwest Queensland 1 • World Class deposit and the largest of its kind • Lilyvale deposit alone has over 100yrs mine life at 12,
Slide 13: Nimbus Silver – Zinc Project
RETAIN AND COMPLETE FURTHER ECONOMIC STUDIES TO MAXIMISE OPTIONALITY NIMBUS SILVER – ZINC PROJECT • Located adjacent to the Boorara gold project with shared infrastructure • Extensive drilling and metallurgical test work completed and potential for growth along strike and at depth • Historic FS comp
Slide 14: Horizon Activates Its Sustainability Journey
OUR PATH TO GROWING A SUSTAINABLE AND PROFITABLE BUSINESS HORIZON ACTIVATES ITS SUSTAINABILITY JOURNEY To go beyond our obligations and to continuously STRATEGY look at ways to integrate sustainability across our OBJECTIVE business. Established our Environmental, Social, Governance (ESG) baseline ea
Slide 15: 2023 – Drilling and Assessing Options
RESOURCE GROWTH AND NEW DISCOVERY DRILLING TO GROW ASSET BASE 2023 – DRILLING AND ASSESSING OPTIONS1 • Exploration drilling highly successful in 2022 with a further 30,000m planned in 2023 targeting new discoveries and resource extensions • Significant potential for resource growth through drilling
Slide 16: Thank You Questions?
THANK YOU • To the Board and Executive team who have done an excellent job in what has been a challenging year for the region, state, nation and globally • To our staff who work tirelessly in Kalgoorlie and Perth to support and grow the business • To all our contractors and consultants who have supp
Slide 17: Appendices
BOARD AND MANAGEMENT APPENDICES 17
Slide 18: Leadership Team
175+ YEARS COMBINED EXPERIENCE OPERATING IN THE WA GOLDFIELDS LEADERSHIP TEAM Ashok Parekh, Non-Executive Chair Grant Haywood, Chief Operating Officer • Chartered accountant with over 40 years’ experience who owns a large Accounting • Mining Engineer with over 27 years’ experience in underground and
Slide 19: Gold Resource Statement
GOLD RESOURCE STATEMENT Horizon Minerals Limited – Summary of Gold Mineral Resources Cut-off Measured Indicated Inferred Total Resource Project grade Au Au Au Au (g/t) Mt Oz Mt Oz Mt Oz Mt Oz (g/t) (g/t) (g/t) (g/t) Boorara OP 0.5 1.28 1.23 50,630 7.19 1.27 294,140 2.56 1.26 103,470 11.03 1.26 448,2
Slide 20: Non Gold Resource Statement
NON GOLD RESOURCE STATEMENT Confirmation Cut-off Tonnage Grade Metal content (Mt) Project The information is this report that relates to Horizon’s Mineral Resources grade % (Mt) % V2O5 ppm Mo ppm Ni V2O5 Mo Ni estimates on the Richmond Julia Creek vanadium project and Nimbus Silver Zinc Project is e
Slide 21: Forward Looking and Cautionary Statement
FORWARD LOOKING AND CAUTIONARY STATEMENT • As noted on Slide 2, some statements in this Presentation regarding estimates or future events are forward looking statements. They include indications of, and guidance on, future earnings, cash flow, costs and financial performance. Forward looking stateme
Slide 22: Contact
CONTACT CONTACT Jon Price Managing Director T: +61 (08) 9386 9534 E: admin@horizonminerals.com.au W: www.horizonminerals.com.au PO Box 1104 Nedlands WA 6909 163 Stirling Highway Nedlands WA 6009 22
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