Aeon Metals Ltd

Aeon Metals — Investor Presentation (October 2014)

23 slides from Aeon Metals's investor presentation, Oct 30, 2014

  1. Slide 1: Transforming into a Copper, Lead, Zinc Force

    Transforming into a Copper, Lead, Zinc Force 30 October, 2014 ASX Code: AQR Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au

  2. Slide 2: Disclaimer

    Disclaimer Important Information This document has been prepared by Aeon Metals Limited (Aeon) for the purpose of providing a comprehensive company and technical overview to interested analysts and investors. This document is not a prospectus and should not be considered an offer or an invitation to

  3. Slide 3: Corporate Overview – Post Aston Metals Transaction

    Corporate Overview – Post Aston Metals Transaction Capital Structure Share Price Graph • Aeon Metals Limited (ASX:AQR) • 304m shares on issue • 77.6m options • Q2 $8m raise • Share Price - ~$0.13 • Market Capitalisation (undiluted) ~$40m Board of Directors Shareholders • Thomas Mann Chairman • OCP H

  4. Slide 4: Combined Queensland Assets – Significant growth potential

    Combined Queensland Assets – Significant growth potential North West Qld (old Aston) South East Qld • World class copper • Large copper province district in close proximity to • Walford Creek Project existing infrastructure (100%): • Growing JORC • JORC Resource1 Resource base • 48mt @ 1.42% Cu Equi

  5. Slide 5: Aston Metals Acquisition (June 2014) – Projects Overview

    Aston Metals Acquistion (June 2014) – Projects Overview • Extensive exploration tenement portfolio in proven producing North West Queensland Minerals Province • Priority: Walford Creek Project - JORC Inferred & Indicated Resource - Pathway to project development – open pittable - World class mineral

  6. Slide 6: Private Hands - Extensive drilling undertaken

    Private Hands - Extensive drilling undertaken Inferred & Indicated Indicated • 215 shallow holes drilled • 34,190m in 3 phases of work • ~$8m drilling program for 14,929m during 2010-12 - Private hands - 2013 – no holes drilled due to financial woes Company Period Drilling 1) WMC 1989-96 93 holes to

  7. Slide 7: Walford Creek: JORC Resource – Grade Potential

    Walford Creek: JORC Resource – Grade Potential Cu- Mineral Category Tonnes Cu Pb Zn Ag Co Equiv2 (mt) (%) (%) (%) (gpt) (ppm) (%) Combined Indicated 14.7 0.46 0.83 1.04 20.1 920 1.62 Inferred 33.6 0.36 0.83 0.81 20.5 648 1.33 Total 48.3 0.39 0.83 0.88 20.4 731 1.42 At 0.5% Cu-Eq cut off based on A$3

  8. Slide 8: Walford Creek Video

    Walford Creek Video Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au 8

  9. Slide 9: Walford Creek: Private Hands Intercepts

    Walford Creek: Private Hands Intercepts The following table highlights some of the significant drill intercepts made by Aston Metals during the drilling on the Walford Creek Project between 2010-2012. All but WFPD157 are included in the Resource. NOT DEEP Hole No. Easting Northing Azimuth Dips Inter

  10. Slide 10: Walford Creek – 2014 Drill Program

    Walford Creek – 2014 Drill Program Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au

  11. Slide 11: Walford Creek – Fault bound mineralisation extending +25km

    Walford Creek – Fault bound mineralisation extending +25km Indicated Inferred Exploration Potential Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au

  12. Slide 12: Walford Creek – Mine development pathway

    Walford Creek – Mine development pathway 2014 2015 Walford Creek Activity Q2 Q3 Q4 Q1 Q2 Q3 Q4 6,000m drill program – Resource upgrade Metallurgical testing, process flowsheet Mining pit optimisation/scheduling review Infrastructure studies 6,000m drill program ` Environmental studies Pre-Feasibilit

  13. Slide 13: Walford Creek: 2014 Drill Program & Results to-date

    Walford Creek: 2014 Drill Program & Results to-date 2014 2015 Walford Creek Activity Q2 Q3 Q4 Q1 Q2 Q3 Q4 6,000m drill program – Resource upgrade The following table highlights some of the significant drill intercepts during the 2014 drilling on the Walford Creek Project: • WFPD177 – 35m @ 1.0% Cu,

  14. Slide 14: Walford Creek: Geological Continuity

    Walford Creek: Geological Continuity Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au

  15. Slide 15: Walford Creek: GeoMetallurgy Model Well Underway

    Walford Creek: GeoMetallurgy Model Well Underway 2014 2015 Walford Creek Activity Q2 Q3 Q4 Q1 Q2 Q3 Q4 Mining pit optimisation/scheduling review Metallurgical testing, process flowsheet • Consultants mandated and geological and metallurgical activities well underway. • Geology – H&S Consulting. • Me

  16. Slide 16: Sth East Qld – Genesis of Aeon

    Sth East Qld – Genesis of Aeon • Large Copper Province in close proximity to existing infrastructure - 150km by road to Gladstone port - Overhead powerlines - Major mining service providers servicing nearby Bowen Basin coal industry - Nearby regional airport serviced by Qantas • Growing JORC resourc

  17. Slide 17: Sth East Qld – Ben Hur Copper Project

    Sth East Qld – Ben Hur Copper Project • Maiden November 2013 Mineral Resource estimate for the John Hill copper-silver- molybdenum deposit within the Ben Hur Project JORC Classification Tonnage Cu Grade Mo Grade Ag Grade Cu Mo Ag (@ 0.24% Cu cut-off) (Mt) (%) (%) (g/t) (t) (Mlb) (Moz) Inferred 62 0.

  18. Slide 18: Sth East Qld - Ben Hur Copper Project

    Sth East Qld - Ben Hur Copper Project • The John Hill deposit a small component of the overall Ben Hur Project • The known mineralisation at Ben Hur is 6.3km long and 2km wide • 59 holes have been drilled by Kennecott (1970’s) approx 1km to north of John Hill deposit • All Kennecott holes were shall

  19. Slide 19: Aeon the new force in Australian metals

    Aeon the new force in Australian metals • Significant growth potential • Acquisition taking advantage of distressed sale/market timing • Base metal (Cu, Pb, Zn, Mo, Co) + Ag leverage. Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au

  20. Slide 20: Appendix A: Walford Creek Competent Person Statement

    Appendix A: Walford Creek Competent Person Statement Competent Person Statement The data in this report that relates to Mineral Resource Estimates for the Walford Creek Deposit is based on information evaluated by Mr Simon Tear who is a Member of The Australasian Institute of Mining and Metallurgy (

  21. Slide 21: Appendix B: Aeon Competent Persons Statement

    Appendix B: Aeon Competent Persons Statement Competent Person Statement The information in this report that relates to Exploration Results and Mineral Resources for Ben Hur is based on information compiled by Mr Robin Simpson, a Competent Person who is a Member of the Australian Institute of Geoscie

  22. Slide 22: Appendix C: Contained Metal Equivalents

    Appendix C: Contained Metal Equivalents Contained Metal Equivalents It is the Company's opinion that all the elements included in the metal equivalents calculation below have a reasonable potential to be recovered. The following metal prices were used for the calculation of copper equivalent - A$3.5

  23. Slide 23: Contact us

    Contact us Corporate Advisors: Palladion Partners Aeon Metals Limited Suite 14, 234 George Street Suite 32, Level 7, 88 Pitt Street Sydney NSW 2000 Sydney NSW 2000 Andrew Bald, MD Hamish Collins, MD info@palladion.com.au info@aeonmetals.com.au Aeon Metals Limited | ASX: AQR | www.aeonmetals.com.au w

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