Midas Minerals Limited · ASX:MM1
Midas Minerals — Investor Presentation (September 2021)
17 slides from Midas Minerals's investor presentation, Sep 8, 2021
Slide 1: Midas Minerals Limited Investor Presentation
For personal use only MIDAS MINERALS LIMITED Building Australia’s next gold and base metals company Investor Presentation | September 2021 Full details are available on the website. ASX: MM1
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer Midas Minerals Limited ACN 625 128 770 (Midas or the Company) is the issuer of this presentation. Competent Person Statement For personal use only The information in this presentation that relates to Exploration Targets, Exploration Results and Mineral Resources for
Slide 3: Investment Highlights
Investment Highlights For personal use only Projects Immediate Work Plan Corporate ✓ Three highly prospective projects ✓ All projects have drill ready targets ✓ Commenced trading on ASX with the based on prior exploration code of “MM1’’ after oversubscribed ✓ Located in Tier-1 Western Australia gold
Slide 4: Project Overview
Project Overview ▪ Focussed on the discovery of gold, PGE, nickel, copper and base metal minerals For personal use only ▪ Three projects located in the Goldfields regions of Western Australia with geological settings suitable for hosting significant gold deposits ▪ Weebo Gold Project - 198km2 - sign
Slide 5: Corporate Structure
Corporate Structure For personal use only EQUITES ON ISSUE IPO Price $0.20 Shares on issue 63,977,134 SHAREHOLDERS Board and Options on issue (exercisable at $0.20 - $0.25) 3,600,000 management, 9% Shares Escrowed 10,979,009 Top 20, 35% VALUATION Cash at 7/09/2021 $8.0m Market capitalisation (undilu
Slide 6: Experienced Board and Management Team
Experienced Board and Management Team Extensive experience in the resources sector with a proven track record For personal use only Sara Kelly Nick Katris Michael Naylor Mick Wilson Non - Executive Chair Executive Director Non-Executive Director Non-Executive Director Ms Kelly has significant transa
Slide 7: Weebo Gold Project
Weebo Gold Project Highly prospective Gold Project in tier-1 mining jurisdiction For personal use only Located near Leinster, Western Australia ▪ 60km strike of Yandal greenstone belt along strike to the north of Thunderbox (15km), Otto Bore (4km) and Tom’s Well (<1km) Area surrounding Midas dom
Slide 8: Weebo Gold Project
Weebo Gold Project Ockerburry trend For personal use only Along strike of Northern Star’s Thunderbox mine Lies on major shear zone hosting mineralisation over 5km strike Previous wide-spaced RAB/Aircore returned significant gold results commanding immediate follow-up Key highlights: 4m at 29
Slide 9: Weebo Gold Project
Weebo Gold Project Otto For personal use only located 5km to the north of Otto Bore deposit (Northern Star Resources Limited) only 8 RC drill holes drilled over 2km strike of structural target all holes contain anomalous to significant gold mineralisation Key highlights: 13m at 0.4 g/t Au an
Slide 10: Weebo Exploration Strategy
Weebo Exploration Strategy Immediate work program planned to accelerate exploration at Weebo For personal use only Sir Samuel, Otto North, Wheel of Fortune, Sholl’s prospects all have significant gold mineralisation but remain open in many directions. The Weebo ultramafic units (mostly under sha
Slide 11: Challa Gold, Nickel-Copper-PGE Project
Challa Gold, Nickel-Copper-PGE Project Prospective for gold, base metals and lithium For personal use only ▪ Two ELs and three EL applications totalling 860km2 ▪ Covering a large portion of the Windimurra Igneous Complex east of Mt Magnet which contains Australia’s largest layered ultramafic-mafic i
Slide 12: Challa Gold Nickel-Copper-PGE Project
Challa Gold Nickel-Copper-PGE Project Drill ready targets, prospective for Gold, Nickel and Copper For personal use only Drilling highlights include: 57.5m from 57m to EOH @ 0.135 g/t Pd+Pt1, Wondinong East; 115m from 32m to EOH @ 0.132 g/t Pd+Pt incl. 24m 0.179 g/t and 10m 0.214 g/t Pd and Pt,
Slide 13: Challa Exploration Strategy
Challa Exploration Strategy Exploration focus on known under-explored areas For personal use only Initially focus on known areas “Windimurra layered intrusive complex is one of the largest in the World, 1st Priority: Killarney, Wondinong, Windsor-Milgoo and >500 times larger (by volume) than the Jul
Slide 14: Sunset Gold Project
Sunset Gold Project Significant Regional Goldfields Exploration Potential For personal use only ▪ Prospecting licence of 120Ha located 10km east of Leonora (near Kin Mining Raeside Gold Project) ▪ Covers 1.3km strike of historic workings (entirely untested by drilling) ▪ Produced 690oz of gold from
Slide 15: Pipeline of High Impact Exploration Targets and Newsflow
Pipeline of High Impact Exploration Targets and Newsflow For personal use only ▪ Ockerburry, Weebo ▪ Otto No1&2, Weebo Drill Ready ▪ Scone Stone, Weebo ▪ Sunset, Sunset Well Weebo Challa ▪ Samuel East, West ▪ Killarney, Au Pre-Drill ▪ Wheel of Fortune ▪ Wondinong, PGE Definition ▪ Sholl’s ▪ Windsor
Slide 16: Investment Highlights
Investment Highlights For personal use only Leveraged to success A low enterprise value of just $4.8m and market capitalisation of $12.8m The projects are neighbouring large, successful gold, nickel, and base metal deposits within the Yilgarn Craton Located in the WA goldfields with excellent
Slide 17: Contact Us
CONTACT US: Non-Executive Chair – Sara Kelly Executive Director – Nick Katris For personal use only Ground Floor, 24 Outram St, West Perth, WA 6005 T: +61 8 6383 6595 E: info@midasminerals.com W: www.midasminerals.com INVESTOR RELATIONS NWR Communications Nathan Ryan M: +61 420 582 887 E: nathan.rya
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