Aumega Metals Ltd · ASX:AAM
Aumega Metals — Fremantle RIU Explorers Conference 2022
22 slides from Aumega Metals's conference presentation, Feb 16, 2022
Slide 1: Exploring in a Proven Multi-Million Ounce Gold System in Newfoundland, Canada
EXPLORING IN A PROVEN MULTI-MILLION OUNCE GOLD SYSTEM IN NEWFOUNDLAND, CANADA CAPE RAY GOLD PROJECT Fremantle RIU Explorers Conference ASX: MZZ OTCQX: MZZMF 16 February 2022 FSE: MA3
Slide 2: Disclaimer
DISCLAIMER Disclaimer and Forward Looking Statements Mineral Resources This presentation is not a prospectus nor an offer of securities for subscription or sale in The information in this Presentation that relates to the Mineral Resource estimate for the any jurisdiction nor a securities recommendat
Slide 3: One of the World's Highest-Grade Open Pit Projects with Major Exploration Upside
ONE OF THE WORLD’S HIGHEST-GRADE OPEN PIT PROJECTS WITH MAJOR EXPLORATION UPSIDE Established Platform CAPITAL STRUCTURE One of the highest-grade undeveloped open pit projects in a first world jurisdiction1,2 • Resource – 837,000oz Au at 2g/t (96% < 200m from surface)3 • Permitting, licensing and dev
Slide 4: Board and Management
BOARD AND MANAGEMENT Strong team with significant experience in gold exploration and development MANAGEMENT DIRECTORS & INCOMING CEO Ian Murray FCA and MAICD Justin Osborne FAIMM and Bachelor of Science, Honours (First Class) EXECUTIVE CHAIRMAN NON-EXECUTIVE DIRECTOR Over 25 years’ mining industry e
Slide 5: Global Hot Spot for Gold Exploration
GLOBAL HOT SPOT FOR GOLD EXPLORATION Limited gold exploration compared to the rest of Canada Total historical gold production – 2.3Moz Au • 2016 drilling < 70,000m • 2021 Forecast +400,000m Gold renaissance underway New, SHALLOW, high-grade discoveries = increased investor awareness and increased ex
Slide 6: Strategic Landholding in SW Newfoundland
STRATEGIC LANDHOLDING IN SW NEWFOUNDLAND The Matador Approach: Geophysics: • 30m line-spaced Heli-Mag survey • 80km of strike targeted • Phase One – CY21 (40km) 16,000 line km • Phase Two – CY22 • Building a pipeline of future ready targets Geochemistry: • Historical rock chips - part of the story •
Slide 7: Window Glass Hill Granite Grows Further
WINDOW GLASS HILL GRANITE GROWS FURTHER Structured approach already achieving exploration success Gold materialisation extensive across WGHG Diamond drilling continues to deliver success • Systematic auger drilling indicates gold mineralisation is • Priority target identified at the previously untes
Slide 8: What Could WGHG Be?
WHAT COULD WGHG BE? matadormining.com.au 8 ASX:MZZ | OTCQX:MZZMF | FSE: MA3
Slide 9: 2021 Strategy - Delivering on Both Greenfield and Brownfield Exploration
2021 STRATEGY - DELIVERING ON BOTH GREENFIELD AND BROWNFIELD EXPLORATION Till Sampling – Malachite Lake: • Target area 12 x 4km • >1,200 samples taken Auger drilling (WGHG, Big Pond, Benton, Stag Hill): • 3,385 holes completed • 3,475 samples taken Diamond Drilling (Big Pond, WGHG and Benton areas):
Slide 10: 2022 Winter Program - 3,000-4,500 Metres
2022 WINTER PROGRAM - 3,000-4,500 Metres Targets to be tested: • PW East • Stag Hill • Isle aux Morts • Benton One diamond rig: • ~30- holes • 3,000 -4,500 metres Camp is “Winterised” with safety protocols ASX:MZZ | OTCQX:MZZMF | FSE: MA3 matadormining.com.au 10
Slide 11: Pending results from 2021 exploration & ongoing Winter drilling
Pending results from 2021 exploration (35 DD holes) & ongoing Winter drilling matadormining.com.au 11 ASX:MZZ | OTCQX:MZZMF | FSE: MA3
Slide 12: Major Exploration Potential Along a Proven Multi-Million Ounce Structure
MAJOR EXPLORATION POTENTIAL ALONG A PROVEN MULTI-MILLION OUNCE STRUCTURE Platform for exploration success established • 837koz at 2g/t Au within 7.5km radius1 • All deposits outcropping and 96% of the resource within <200m from surface Largest holder along Cape Ray shear • First group to consolidate
Slide 13: Newfoundland's Golden Cape
NEWFOUNDLAND'S GOLDEN CAPE Matador’s de-risked Cape Ray Gold Project provides value opportunity STRONG NEWS FLOW THROUGH 2021 CAPITAL STRUCTURE AND BEYOND 216M ~A$65M LOCATION EXPLORATION UNDERWAY Shares on Market Cap Issue at A$0.30 First world Multiple Brownfield and infrastructure Greenfield Targ
Slide 14: ASX:MZZ matadormining.com.au
ASX:MZZ matadormining.com.au ASX: MZZ OTCQX: MZZMF FSE: MA3 matadormining.com.au 14
Slide 15: Mineral Resource
APPENDIX 3 APPENDIX 1 1 Mineral Resource1 MINERAL RESOURCE Indicated Inferred Total Applied Cut-off Grade (g/t) Deposit Mt Au (g/t) Koz (Au) Mt Au (g/t) Koz (Au) Mt Au (g/t) Koz (Au) Central 3.1 3.1 302 3.5 1.3 141 6.6 2.1 443 Isle Aux Mort - - - 0.8 2.4 60 0.8 2.4 60 Open Pit 0.251 /0.52 Big Pond -
Slide 16: Scoping Study - Cape Ray Gold Project
APPENDIX 2 SCOPING STUDY – CAPE RAY GOLD PROJECT One of the highest-grade open pit projects globally underpins the asset General LOM total / Avg. Highlights Mine Life (Yrs..) 7 • High-grade, shallow open pit mineralisation drives strong production and robust Processing Facility Throughput (Mt) 1.2 e
Slide 17: Peers Comparison
APPENDIX 3 PEERS COMPARISION Significant discount on all metrics Highlights Company information - General (MZZ.ASX) (AUT.ASX) (BNZ.ASX) (ASO.ASX) (LAB.TSXV) (NFG.TSX) Market Cap A$74M A$128M A$66M A$171M A$140M $A1,400M Edleston Gold Project, Queensway, Project Name (Main project only) / Province Ca
Slide 18: Newfoundland Team
APPENDIX 4 NEWFOUNDLAND TEAM EXPERIENCED TEAM – MAXIMISING LOCAL KNOWLEDGE Exploration Team Environmental Assessment Team Warren Potma, Charles Gillman, Jordan Rogers – Perth Office John Sferrazza, Meghan Milloy, Andrew Rees, Crispin Pike, Giles Dodds, Spencer Vatcher, Tom Loader – Senior Geologists
Slide 19: Heli-Magnetics Survey Identifies Multiple New Structures in New Regions
APPENDIX 5 HELI-MAGNETICS SURVEY IDENTIFIES MULTIPLE NEW STRUCTURES IN NEW REGIONS ASX announcement – 11 August 2021 matadormining.com.au 19 ASX:MZZ | OTCQX:MZZMF | FSE: MA3
Slide 20: Power Auger Drill Program
APPENDIX 6 POWER AUGER DRILL PROGRAM Using pathfinder elements to unlock the vast greenfield potential Historical rock chips provide only part of the story • 90% of the project is covered by till (0.5m–5m depth) • No historical testing of the basement rock in these areas Auger drill rigs and multi-e
Slide 21: Populated & Evolving Exploration Pyramid
APPENDIX 5 POPULATED & EVOLVING EXPLORATION PYRAMID ASX:MZZ | OTCQX:MZZMF | FSE: MA3 matadormining.com.au 21
Slide 22: Thank you for your attendance
Thank you for your attendance Contact Ian Murray Chairman Ph: +61 8 6117 0478 E: admin@matadormining.com.au Matador Mining Ltd Level 20 140 St Georges Terrace Perth WA 6000 ASX: MZZ; OTCQX: MZZMF; FSE: MA3
Aumega Metals — Fremantle RIU Explorers Conference 2022 on 6ix