Medallion Metal Ltd · ASX:MM8
Medallion Metal — Medallion Metals — RIU Sydney (May 2024)
17 slides from Medallion Metal's conference presentation, May 8, 2024
Slide 1: Investor Presentation
8 May 2024 ASX:MM8 Investor Presentation For personal use only The following presentation was originally released on 7 May 2024. Page 6 has been updated as the image displayed previously was corrupted and has been corrected in this announcement. All other information remains unchanged. This announce
Slide 2: Ravensthorpe Gold Project: Capitalising on critical mass
medallionmetals.com.au Ravensthorpe Gold For personal use only Project Capitalising on critical mass INVESTOR PRESENTATION ASX: MM8 6 MAY 2023
Slide 3: Important notices
Important notices Nature of Document: This presentation has been prepared and issued by Medallion Metals Ltd (Company) to provide general Currency: All references to $, A$ and AUD in this presentation represent Australian dollars, unless otherwise stated. information about the Company. The informati
Slide 4: Value Proposition
Value Proposition New discovery and development optionality 1.3 Moz Au 56,000t Cu 1.5 Moz Ag For personal use only Ravensthorpe Gold Project @ 2.1 g/t @ 0.3 % @ 2.5 g/t 0.2 Moz Au 67,000t Cu 9.8 Moz Ag Jerdacuttup Project @ 0.9 g/t @ 1.2 % @ 54 g/t Medallion Total 1.5Moz Au 123,000t Cu 11.3 Moz Ag T
Slide 5: Corporate overview
Corporate overview Leadership Corporate structure (ASX: MM8) For personal use only at 2 May 2024 307.7m $0.06 $17.8m John Fitzgerald Paul Bennett Anthony James Ben Larkin Shares on issue Share price Market cap Non-Executive Chair Managing Director Non-Executive Chair Chief Financial Officer Mr Larki
Slide 6: Ravensthorpe Gold Project: Critical mass with upside
Ravensthorpe Gold Project Critical mass with upside MM8 has the dominant landholding For personal use only across the Annabelle Volcanics v 40km prospective stratigraphy, most un-tested v 130,000oz Au & 20,000t Cu metal produced v 1.3 Moz Au & 56,000t Cu in Kundip MRE v PFS met recovery: Au 95.6%, C
Slide 7: Kundip Mining Centre
Kundip Mining Centre Low risk profile, significant upside v Depth of drilling; For personal use only Avg = 100m Max = 420m v OZPVM Avg = 4,000 Max = 7,000 v Grade variability low v Widths consistent v Structure consistent v Open at depth v Open along strike v Potential lodes for new v Strongly miner
Slide 8: February 2023 Kundip Mineral Resource Estimate
February 2023 Kundip Mineral Resource Estimate Isometric projection of Kundip MRE, looking down and to the east. For personal use only 2.5km system strike length, open mulitple directions ~44,000m 1.3Moz Au 59kt Cu 1.6Moz AuEq of new drilling informs MRE @ 2.1g/t +93% @ 0.3%+238% @ 2.6g/t+112% 63% 7
Slide 9: Kundip PFS: Highlights
Kundip PFS: Highlights 92koz AuEq per annum for 9 years generating $85m per annum pre-tax For personal use only cash flow (~$140m at spot prices) Macro assumptions; PFS Spot Au price US$1,875/oz US$2,300/oz Ag price US$20/oz US$26/oz Cu price US$7,275/t US$9,900/t Isometric view of KMC layout (looki
Slide 10: Kundip: Sulphide Development Scenario
Kundip: Sulphide Development Scenario KMC Mineral Resources (sulphide > 2g/t AuEq) kt Au g/t Au koz Cu % Cu kt For personal use only Indicated 2,990 4.4 420 0.7 21 Inferred 2,630 4.1 350 0.6 15 Total 5,620 4.3 770 0.6 36 v High value MRE subset v Reduced disturbance v Simple mining & v Within permit
Slide 11: Solid foundations
Solid foundations Solid foundations to build a long-life, high margin gold and copper production centre in Ravensthorpe 15.1m shares For personal use only MM8 holding PFS 01. compelling Studies & ORE economics MULTIPLE GROWTH OPPORTUNITIES 1.6Moz 02. JERDACUTTUP AuEq MRE 400km2 sedimentary basin Max
Slide 12: A compelling opportunity
A compelling opportunity For personal use only Discovery Strategy Advanced gold costs low to optimise and copper with high conversion and de-risk the resource exploration in WA, with to mineable shapes (Drilling/DFS/Permits) ambitions to build a mine Focused Experienced Board Critical investment and
Slide 13: Appendices
For personal use only Appendices
Slide 14: RGP mineral resources
Appendix 1 RGP mineral resources Mineral resource estimate for the Ravensthorpe Gold Project, February 2023 Mineral resources estimate for the Kundip Mining Centre – February 2023 January 2023 For personal use only INDICATED INFERRED TOTAL RESOURCES kt Au g/t Au koz Cu % Cu kt kt Au g/t Au koz Cu %
Slide 15: Trilogy mineral resources
Appendix 2 Trilogy mineral resources Mineral resource estimate for the Trilogy Deposit, March 2018 Trilogy – March 2018 kt Au g/t Ag g/t Cu % Pb % Zn % Au koz Ag koz Cu kt Pb kt Zn kt For personal use only Indicated 129 2.4 85.3 0.5 - - 10 354 0.6 - - Oxide Open pit Inferred 336 1.9 71.7 0.1 - - 21
Slide 16: PFS outcomes and assumptions
Appendix 3 PFS outcomes and assumptions Financial Base Spot (at 1 May 2024) NSR $m 2,424 2,959 For personal use only Operating $m (1,341) (1,358) Capital (pre-production) $m (163) (163) Capital (sustaining) $m (134) (134) Capital (non-sustaining) $m (8) (8) Pre-tax Cashflow $m 779 1,297 Tax paid $m
Slide 17: Contact
For personal use only CONTACT info@medallionmetals.com.au medallionmetals.com.au MAIN OFFICE Suite 1/11 Ventnor Avenue, West Perth WA 6005 (08) 6424 8700 PROJECT 91 Queen Street, Ravensthorpe WA 6346 @MM8_Medallion