Juno Minerals Ltd. · ASX:JNO
Juno Minerals — Investor Presentation (September 2023)
34 slides from Juno Minerals's investor presentation, Sep 22, 2023
Slide 1: Investor Presentation
Investor Presentation For personal use only Central Yilgarn Projects Mount Mason DSO Hematite Mount Ida Lithium Prospect Mount Ida Magnetite 22 September 2023
Slide 2: Disclaimer
Disclaimer IMPORTANT: Please read the following before continuing. This Presentation has been prepared by Juno Minerals Limited ACN 645 778 892 (Juno or the Company) solely for information purposes. This Presentation has not been approved by any regulatory or supervisory authority. For purposes of t
Slide 3: Board & Management
Board & Management David Moroney Greg Durack Patrick Murphy Independent Chair Managing Director & CEO Non-Executive Director & Non-Executive Director Greg has over 38 years experience in Patrick is a managing director at For personal use only David is an experienced finance operations and project de
Slide 4: Corporate Snapshot
Corporate Snapshot Capital Structure Share price (at 21 September 2023) $0.11 For personal use only Shares on issue 136,458,001 Market capitalisation $15.01m Juno Share Price History 0.14 Cash (at 30 June 2023) $1.6m 0.12 Debt Nil Options 2.4m 0.10 0.08 Top 10 Shareholders (as at 8 September 2023) N
Slide 5: Central Yilgarn Projects
Central Yilgarn Projects For personal use only • Juno Minerals projects are located in the Central Yilgarn ~ 110km NW of Menzies • Juno Minerals has a significant land holding in the region for its projects, including significant water licence tenure north and south of the project area • Access to r
Slide 6: Central Yilgarn Projects
Central Yilgarn Projects For personal use only • Juno Minerals is progressing development of the Mount Mason DSO Hematite Project • Juno Minerals commenced evaluation of lithium potential in 2022 on the Mount Ida mining tenement. A systematic program has identified two significant lithium soil geoch
Slide 7: Investment Highlights
Investment Highlights Mount Mason DSO Hematite Project • All Statutory approvals received to commence development For personal use only • Project execution to be undertaken on a contracting strategy • Logistics supply chain complete, access to rail and port available; progressing through Arc Infrast
Slide 8: Investment Highlights
Investment Highlights Mount Ida Magnetite Project • Largest magnetite resource in the Yilgarn, 1.85btonnes at 29.48% Fe and one of most technically advanced magnetite projects For personal use only • Premium concentrate - 67% Fe • Granted mining lease including significant supporting tenure includin
Slide 9: Mount Mason DSO Hematite Project
For personal use only Mount Mason DSO Hematite Project 9
Slide 10: Mount Mason DSO Hematite Project
Mount Mason DSO Hematite Project For personal use only Key points: • Well advanced, proven DSO Mineral Resource • All Statutory approvals received for project development • Non-binding Indicative Track Pricing received from Arc Infrastructure (below rail operator) • Non-binding MOU executed with Sou
Slide 11: Mount Mason Logistics
Mount Mason Logistics The Project is located approximately 110km NW of Menzie For personal use only • A new haul road (28.2km) will be built from site to the Menzies North-West road • A Menzies bypass road (9.3km) to the Yunndaga rail siding site is approved • The Yunndaga rail siding site is fully
Slide 12: Yunndaga Rail Siding
Yunndaga Rail Siding The Yunndaga Rail siding is an important piece of infrastructure for both Mount Mason and Mount Ida For personal use only • Located 5km south of Menzies, with full statutory approvals received for development • Site is 2.6km long and 500m wide encompassing the rail track and the
Slide 13: Mount Ida Lithium Prospect
For personal use only Mount Ida Lithium Prospect 13
Slide 14: Prospectivity Assessment - SRK
Prospectivity Assessment - SRK Desktop assessment completed by SRK Consulting – September 2022, “Mount Ida For personal use only project area prospectivity assessment Technical Memorandum”. Brief conclusion below, recommendation was to undertake geological mapping and geochem soil sampling. “Conclus
Slide 15: Geological Mapping
Geological Mapping Dr Mike Grigson, Arc Minerals Consultants, was commissioned to undertake the For personal use only geological mapping at Mount Ida in December 2022 “Geological setting and controls on pegmatite intrusions in the Mount Ida project area, Western Australia.” February 2023 Mike has un
Slide 16: Phase 1 Geochem Soils
Phase 1 Geochem Soils • Phase 1 a soil sampling program For personal use only over terrain amenable to systematic broad-spaced, 500 by 100m grid, 244 samples • A significant 3km long by 0.5 to 1 km wide north-south trending geochemical anomaly identified • North-south anomaly trending away from Faul
Slide 17: Phase 1 Drilling
Phase 1 Drilling Phase 1 RC drilling, 14 planned 100m holes testing the interpreted Fault 1structure For personal use only (red dots) • 13 holes intersected pegmatite with no elevated LCT mineral values (<1000ppm Li2O) • Hole MIRC5 did hit enriched Li, Cs and Rb, likely the only hole intersecting Fa
Slide 18: Phase 2 Infill Geochem Soils
Phase 2 Infill Geochem Soils • Phase 2 infill soil sampling program For personal use only completed on a 100 by 100m grid, 224 samples. • Two significant well-defined Li-Cs-Rb-Be soils Geochem anomalies have been identified • Each anomaly is approximately 1000m long and up to 500m wide, trending nor
Slide 19: Phase 2 Drill Program
Phase 2 Drill Program • Infill soil sampling has enhanced the For personal use only potential for the discovery of rare-metal pegmatite intrusions • Two clear exploration-target zones coincident with the Li-Cs-Rb-Be geochemical anomalies are now defined • Proposed collar positions of 34 holes on a 2
Slide 20: Regional Activity – Mt Ida Fault
Regional Activity – Mt Ida Fault • Mt Ida Lithium – Delta Lithium For personal use only • IGO in JV with St George at Mt Alexander’s project - north • IGO in JV with Venus Metals at Henderson - south • Hancock secured lithium and nickel rights on Mt Bevan JV farm-in with Legacy and Hawthorn – explor
Slide 21: Mount Ida Magnetite Project
For personal use only Mount Ida Magnetite Project 21
Slide 22: Mount Ida Magnetite Project
Mount Ida Magnetite Project Key Points: For personal use only • Large resource – 1.85 billion tonnes at 29.5% Fe) that can be beneficiated to produce a high-grade premium iron concentrate of 67% Fe • Granted Mining Lease • Significant tenure holding for infrastructure and water exploration • Potenti
Slide 23: Mount Ida Magnetite Project
Mount Ida Magnetite Project • Over $50m previously invested in the Project • 100,000 metres of RC and Diamond drilling completed, For personal use only resource and geotechnical • Feasibility Study 70% completed prior to ceasing work in 2013 • Next steps (after Mount Mason is in production): o Under
Slide 24: Mount Ida - Conceptual Site Plan
Mount Ida - Conceptual Site Plan Waste Rock For personal use only Dump Central Pit TMF Cell 1 and 2 Power station Crusher Process plant Village and Airstrip Mine access road Road to Menzies Concentrate pipeline route to Yunndaga rail siding Southern bore Mount Ida – Conceptual Site Plan 24 field 24
Slide 25: High Grade Magnetite
High Grade Magnetite Mount Ida can produce on average 67% Fe Iron Product pricing magnetite concentrate. Magnetite $250.00 For personal use only concentrate is becoming the preferred smelter feed stock due to: $200.00 • Consistent product specifications and quality • Produces a higher quality steel
Slide 26: New Magnetite Project Activity
New Magnetite Project Activity • Fortescue Metals Group Limited’s (FMG) Ironbridge 22mtpa magnetite project in the Pilbara, currently in commissioning phase. For personal use only o Commissioning March quarter 2023 (ASX announcement, Investor Presentation 4 May 2022) • FMG one year review of Sinoste
Slide 27: Yilgarn Magnetite Projects
Yilgarn Magnetite Projects For personal use only Yilgarn Magnetite Projects 27
Slide 28: Yilgarn Magnetite Projects – Grades and Resources
Yilgarn Magnetite Projects – Grades and Resources 37% For personal use only Legacy and Hawthorn - Mt Bevan 35% (Hancock JV) 1,170 Mindax - Mt Forrest 34.90% 1,710 31.80% 33% Cashmere Iron - Cashmere Downs Juno has the Grade (%Fe) 1,200 32% largest 31% magnetite resource in the Yilgarn 29% region Mac
Slide 29: Australian Magnetite Projects
Australian Magnetite Projects Market Measured and/ % Total Company Project Capitalisation Cash ($m)2 or Indicated Ownership Resource (mt) ($m)1 Resources (mt) For personal use only Juno Minerals Limited Mount Ida 100.0 15.0 1.61 1846.0 3 1062.0 Macarthur Minerals Limited Lake Giles 100.0 29.1 0.87 1
Slide 30: Appendices
For personal use only Appendices 30
Slide 31: Mineral Resources Estimates of the Mount Mason DSO Hematite Project
Mineral Resources Estimates of the Mount Mason DSO Hematite Project In accordance with JORC Code (2012) at January 2018: For personal use only Fe SiO2 Al2O3 P S CaO MgO LOI Classification Tonnes (%) (%) (%) (%) (%) (%) (%) (%) Measured 4,800,000 60.3 7.37 2.90 0.05 0.01 0.03 0.04 2.63 Indicated 1,08
Slide 32: Mineral Resources Estimates of the Mount Ida Magnetite Project
Mineral Resources Estimates of the Mount Ida Magnetite Project In accordance with JORC Code (2012) at January 2018: For personal use only Central Zone based on Unweathered BIF with a 10% Magnetic Fe block grade cut-off Tonnes Fe SiO2 Al2O3 CaO P S LOI MgO MnO Zone/Class Material x106 (%) (%) (%) (%)
Slide 33: Mineral Resources Estimates of the Mount Ida Magnetite Project
Mineral Resources Estimates of the Mount Ida Magnetite Project In accordance with JORC Code (2012) at January 2018: For personal use only South and North Zone based on Unweathered BIF with a 10% Magnetic Fe block grade cut-off Fe SiO2 Al2O3 CaO P S LOI MgO MnO Zone/Class Material Tonnes x106 (%) (%)
Slide 34: Mineral Resources Estimates of the Mount Ida Magnetite Project
Mineral Resources Estimates of the Mount Ida Magnetite Project In accordance with JORC Code (2012) at January 2018: For personal use only Combined Central, South & North Zones based on Unweathered BIF with a 10% Magnetic Fe block grade cut-off Fe SiO2 Al2O3 CaO P S LOI MgO MnO Zone/Class Material To
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