Mamba Exploration Ltd. · ASX:M24
Mamba Exploration — Shareholder Meeting (November 2021)
22 slides from Mamba Exploration's shareholder meeting presentation, Nov 25, 2021
Slide 1: Annual General Meeting Presentation
A Western Australian Focused Gold, Nickel and Copper Explorer Annual General Meeting Presentation 25 November 2021 ASX:M24
Slide 2: 100% owned Western Australian Exploration Projects
100% owned Western Australian Exploration Projects • Darling Range Project (PGE, Ni & Cu) – 6km long Ultramafic identified, 10 AEM conductors modelled, 6km long PGE anomaly on freehold farmland, only 30km from Julimar – drilling planned for December • Kimberley Project (Ni, Cu & Ag) – Very High-Grad
Slide 3: Capital & Corporate Structure
Capital & Corporate Structure Board and Key Management • Managing Director & CEO – Mike Dunbar Ownership Structure • Non – Exec Chairman – Justin Boylson • Non Exec Director – Simon Andrew 7.1% • Company Sec – Alan Armstrong 5.4% • Senior Geologist – Garry Dick 5.3% Capital Structure 46.5% Board and
Slide 4: Projects Details
Projects Details 4
Slide 5: Darling Range
Darling Range Nickel + Copper + PGE Exploration Project near the Julimar discovery Four exploration licenses covering ~ 100km2, Land Access secured to priority target Coincident 6km long 2PGE anomaly, 6km long Ultramafic trend and priority conductors identified at Black Hills Historical rock chip sa
Slide 6: Darling Range – Black Hills
Darling Range – Black Hills Black Hills Target compared to Julimar – A similar sized intrusive signature ASX:M24 6
Slide 7: Darling Range – Black Hills Target
Darling Range – Black Hills Target All the right ingredients, significantly de-risking the target 6km long 2PGE anomaly 6km long Ultramafic trend mapped High Priority Conductive Targets Priority Target Priority Target Priority Target ASX:M24 7
Slide 8: Darling Range – Black Hills Target
Darling Range – Black Hills Target Three RC Holes Planned to Test the Priority Target – Drilling in December Section A-A’ from Conductivity Model Conductivity Plan from 225m below surface Priority Drill Collar ASX:M24 8
Slide 9: Kimberley Project
EI 4 Kimberley Project Northern Territory ASX:M24
Slide 10: Copper Flats
Copper Flats Copper + Silver Early Stage Exploration with excellent first pass results Sedex Copper & Silver Targets Very large tenement position, which has just doubled in size Very High-Grade Copper and Silver Mineralisation Identified Significant soil anomalies poorly tested Limited Drilling comp
Slide 11: Copper Flats
Copper Flats Recent Results • Very High Grade Copper and Silver Mineralisation Identified including: o Area 5: up to 34.3% Cu & 54.2 g/t Ag o Area 4 (Old Workings): up to 22.8 % Cu & 230 g/t Ag o Forrest Creek: up to 1.0 % Cu & 7.7 g/t Ag – New Prospect o Area 5 West: up to 0.6% Cu – New Prospect o
Slide 12: Copper Flats
Copper Flats Conceptual Exploration Model Original Target Zone • Multiple Styles of Mineralisation Revised Target Zone • Sand Volcano Mineralisation (identified from aerial photography) • Basin Growth Faults (identified from Reprocessed magnetics) • Stratabound Cu - Ag Mineralisation (EM survey need
Slide 13: Copper Flats
Copper Flats Geophysical targets • Basin growth faults key structural targets for focusing fluid flow and potential mineralisation • Each of the known prospects located on or proximal to interpreted growth faults • New targets identified from geophysics and recent field visit ASX:M24 13
Slide 14: Copper Flats
Copper Flats Project Doubles in Size • Review of historical data shows basin much shallower than previously interpreted • Area to the North of Original Tenure identified as highly prospective • Historical sampling at Ord Hill Prospect identified 2,000m x 500m soil anomaly with up to 5.1% Cu – remain
Slide 15: Calyerup Creek
Calyerup Creek Gold Early stage Exploration Project in the Albany Frazer tectonic zone. High Grade Metamorphic setting similar to Tropicanna and Glenburgh Spring Flora Survey Completed – No priority species identified 4km long gold in soil anomaly – up to 1.9 g/t Au and rock chip results up to 8.09
Slide 16: Calyerup Creek Gold Project
Calyerup Creek Gold Project Northern Prospect Central Prospect Southern Prospect ASX:M24 16
Slide 17: Calyerup Creek Southern Geochemical Trends
Calyerup Creek Southern Geochemical Trends ASX:M24 17
Slide 18: Calyerup Creek Project – Southern Prospect
Calyerup Creek Project – Southern Prospect + 2.8 km long soil anomaly defined - up to 1.9g/t Au Southern Prospect (~140m of strike) – Minor historical workings 25m Multiple historical shallow drill results including: • 9m @ 4.71 g/t gold from 1m inc. 3m @ 12.71g/t gold • 5m @ 4.77 g/t gold from 15m
Slide 19: Ashburton
Ashburton Gold Early Stage Exploration Project – Similar Geological Setting as the +1Moz Glenburgh Gold Project Located on major structural features Three exploration licenses (two granted exploration licenses and one application) Rock Chip Sampling up to 46.5 g/t Au RC Drilling Results up to 4m @ 2
Slide 20: Ashburton Gold Project
Ashburton Gold Project ASX:M24 20
Slide 21: Planned Exploration
Planned Exploration Recent Activity and News Flow Darling Range Project • Land Access Agreement - Signed • Ground EM surveys - Completed • Initial RC Drilling of EM target - December Kimberley Project • Detailed geophysical reprocessing – Completed • Field Investigations – High Grade Results Release
Slide 22: Disclaimer, Competent Person Statement and Forward Looking statement
Disclaimer, Competent Person Statement and Forward Looking statement This presentation contains only an overview of Mamba Exploration Limited (“Mamba" or the “Company”) and its activities and operations. The contents of this presentation, including matters relating to the geology and exploration pot
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