Maronan Metals Ltd · ASX:MMA
Maronan Metals — Non-Deal Roadshow (October 2024)
21 slides from Maronan Metals's roadshow presentation, Oct 28, 2024
Slide 1: The Maronan Deposit
The Maronan Deposit One of Australia’s Largest and Highest-Grade Undeveloped Silver Resources Presented by: Richard Carlton, MD 28 October 2024 ASX CODE: MMA October 2024 Investor Roadshow
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer GENERAL These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been prepared by Maronan Metals Limited (Company) as at 28/10/2024 and statements are current only as at that date. Information in the Presentati
Slide 3: Maronan Metals - Unlocking Value
Maronan Metals - Unlocking Value Potential Long-Life Ag-Pb, Cu-Au exposure in a Tier 1 jurisdiction 100% owned Maronan Deposit with excellent ore body continuity Global Resources of +60Mt containing Large Silver-Lead and Copper- 2Mt Lead, 118Moz Silver, 272Kt Copper Gold endowments open at depth and
Slide 4: Value Drivers
Value Drivers Immediate value •Early access less than 90m from surface driver: •Growing the Indicated Resource •Assessing staged development with options to The ‘Starter Zone’ ramp up in production over time Testwork to date •Excellent metallurgy with low bond work index shows simple, proven •Assess
Slide 5: What is the Upside?
What is the Upside? World Silver Institute – Silver Supply Deficit Why Maronan Now? Potential to be a significant player on the Silver and Lead markets Positioned to be an early mover into the Silver supply deficit Leveraged to Rising Silver, Copper and Gold prices * Source: World Silver Institute 2
Slide 6: Corporate Summary
Corporate Summary ASX Code Shares on Issue Share Price (24 Oct 24) Market Cap Cash (at 30 June 24) MMA 201,252,826 27.5c $57.82M $10.15M Board Of Directors & Senior Management Share Price & Trade Volume: 25/10/2023 − 24/10/2024 Simon Bird Non-Exec Chairman Richard Carlton Managing Director Robert Ru
Slide 7: 300,000mE +400,000ma"
300,000mE +400,000ma" Capricorn Go _faprcorn Copper, jLeey Loretta Mount Watson ? Mount Kelly 0) Tutkey Creek Q Bizckara Cloncurry eel Mount Isa Cope Mouft Coin 2: re) Rechiands” Taipan 1,700,900mN GreglAustralia 00,000rnN. POWERED BY VRIFY 400,000mE 500,000
Slide 8: Starter Zone
Starter Zone Silver-Lead Resource: Ind&Inf: 32.1Mt @ 6.1% Lead, 106g/t Silver Starter Zone: Ind: 2.1Mt @ 5.3% Lead, 155g/t Silver Inf: 9.0Mt @ 5.3% Lead, 101g/t Silver cn Vin sco 718,00 gf Ag Nome, och token 2.95m @ 10.10 ¥4 15.95 @ 6.65m @ 8.40 %Pb, 236.00 a POWERED BY VRIFY
Slide 9: Starter Zone Resource and 2024 Drilling
Starter Zone Resource and 2024 Drilling Starter Zone Ra A mony Y\\ ° oN \, ° _ \ \ . Drilt Assays (%Pb) G 20-50 Vt. @ 0-20 . 8.0-12.0 : \ bad by. & 20-150 h\ @ -s0 * 4 \\\. 4 a * » \ ~~? BS : eS POWERED BY ’ owe VRIFY .
Slide 10: Indicated Resource and 2024 Drilling
POWERED BY VRIFY Indicated Resource and 2024 Drilling % 1 * * vl oy i, / \. 4 y % Te Hy ft \ o v \| meg |! /! . Gen fai: \\ y Vier © N ‘ \. e | if ry \\ e /| \ es ’ % .. \ . 5 g 8 9° C3 % A a ‘\ 8 zi Fe . ~\ % h ’ ° & wh \ t f.. \, ry \ \ \. = 7 ee
Slide 11: 2024 Drilling
2024 Drilling POWERED BY VRIFY
Slide 12: 2024 Drilling
Slide 13: Starter Zone drill intercepts
POWERED BY VRIFY 22.8m @ 5.80 %Pb, 138.00 g/t Ag MRN24002 23.32m @ 5 %Pb, 175 g/t Ag a MRN23014A 20.9m @ 4.40 %Pb, 150.00 g/t Ag MRN23012 5.8m @ 8.10 %Pb, 231.00 g/t Ag MRN7002 22m @ 4.90 %Pb, 126.00 g/t Ag 1 ee 21.15m @ 5.00 %Pb, 195.00 g/t Ag MRN23020 6.7m @ 7.50 %Pb, 147.00 g/t Ag MRN23007' 10.5m
Slide 14: Starter Zone West
rter Zone West Pb, 231.00 g/t Ag 2200301 im @ 7.30 %Pb, 55.00 g/t Ag MRN22003 MRN11003A: Am @ 11.90 %Pb, 115.00 g/t Ag 4.05m @ 11.60 %Pb, 255.00 g/t Ag ‘MRN7001 MRN23022 14.48m @ 11.10 %Pb, 133.00 g/t Ag 8.4m @ 17.10 %Pb, 112.00 g/t Ag MRN11003A’ POWERED BY 5.45m @ 6.40 %Pb, 144.00 g/t Ag VRIFY
Slide 15: Copper-Gold
Copper-Gold Drill Assays (% cu POWERED BY VRIFY
Slide 16: Copper-Gold Resource
jcwosiynaw rr) ‘nan 00? ‘Se 176>\0,2016n A rll Assays (% Cu) B 02-04 Bosc8 B oe-08 Boe-10 rsan0a2 Bo Sone o73icu 067¢nme Copper-Gold Resource: Inferred 32.5Mt @ 0.84% Copper, 0.61g/t Gold, 7g/t Silver ee Resource: Copper + Gold 51.85 @ 0.41 Cu, 0.87 git AU hie
Slide 17: Copper-Gold drill intercepts
*MRN7002 18m @ 0.99 %Cu, 0.70 g/t Au MRN23004W2 58m @ 0.73 %Cu, 0.67 g/t Au NN Ww MRN12004 37.4m @ 1.61 %Cu, 1.52 g/t Au hee MRN13001 115m @ 0.75 %Cu, 0.51 g/t Au MRN23004 20m @ 0.80 %Cu, 0.69 g/t Au MiPN22001 19.2m @ 1.83 %Cu, 1.58 g/t Au MRN12004B— 63.2m @ 0.79 %Cu, 0.31 g/t Au MRN14004W1 81.85m @
Slide 18: Metallurgical Results from Sighter Tests
Metallurgical Results from Sighter Tests* • Preliminary flotation work on the two separate silver-lead ore types have returned: • Strong recoveries of both silver and lead • Lead concentrates with exceptionally high silver grades (932-1485 g/t), underlining their strong revenue potential • Comminuti
Slide 19: Permitting Studies
Permitting Studies Data collection on critical path items: • Flora and fauna • Surface water • Ground water Technical assessment: • Geotechnical • Metallurgical Early engagement on potential infrastructure: • Conceptual Site layout • Utilities – power and water Silver-Lead testwork Stakeholder engag
Slide 20: Near Term Activity and News Flow
Near Term Activity and News Flow Execute 2024 Assemble data to Technical studies drilling program – increase confidence • Metallurgy Starter Zone of Project economics • Geotechnical Resource Review • Infrastructure Progress Permitting Identify and progress Build public profile • Stakeholders opportu
Slide 21: Contact Us
Contact Us Maronan Metals Limited Level 15, 323 Castlereagh Street, Sydney, NSW 2101 www.maronanmetals.com.au Phone +61 2 9281 1805 info@maronanmetals.com.au This presentation has been approved for release by the Board of Maronan Confidential Metals Limited – 28 October 2024 Maronan Metals – Investo