Maronan Metals Ltd · ASX:MMA
Maronan Metals — Australian Gold Conference 2024
17 slides from Maronan Metals's conference presentation, Aug 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 August 2024 A S X C O D E : M M A Australian Gold Conference, Sydney
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 27/08/2024 and statements are current only as at that date. Information in the Presentati
Slide 3: Growing Demand for Silver
Growing Demand for Silver Unprecedented shortages as demand outpaces Silver Supply Deficit* supply* • Both a precious and an industrial metal • Forecast industrial use is exponential • 19% of silver is used in PV cells • Washington-based Silver Institute* Silver demand massively exceeded supply: • +
Slide 4: Corporate Summary
Corporate Summary ASX Code Shares on Issue Share Price (26Aug 24) Market Cap Cash (at 30 June 24) MMA 201,246,843 23c $46.28M $10.15M Board Of Directors & Senior Management Share Price & Trade Volume: 27/08/2023 − 26/08/2024 Simon Bird Non-Exec Chairman Richard Carlton Managing Director Robert Ruthe
Slide 5: Why Invest in Maronan?
Why Invest in Maronan? Located in mining friendly region • Qld’s rich Northwest Minerals World class deposits with silver Province • Favourable access to infrastructure: • Cloncurry 65km, Mt Isa, 120km, Townsville 770km • 4km from sealed highway • Options for rail and port Dugald River Large Resourc
Slide 6: Why Invest in Maronan?
Why Invest in Maronan? Favourable mining attributes • 4 discreet mineralised zones • Excellent: • Mineralisation geometry • Scheduling optionality Project development • Maiden Indicated Resource • Positive Metallurgical results • Baseline environmental work started • Pre-development studies commence
Slide 7: JORC Compliant Mineral Resources − updated March 2024
JORC Compliant Mineral Resources − updated 12 March 2024 Silver−Lead resource* • 32.1Mt @ 6.1% Pb, 107g/t Ag (>3%Pb cutoff) incl: Indicated Resource • Starter Zone Indicated – 2Mt @ 5.3% Pb, 155g/t Ag • Starter Zone Inferred – 9Mt @ 5.3% Pb, 101g/t Ag • Outside Starter Zone Inferred – 21Mt @ 6.5% Sh
Slide 8: Maronan – 3D Ore Block Models
Maronan – 3D Ore Block Models Eastern Horizons Copper-Gold Zone (2015) Starter Zone Northern Fold Cu-Au Zone 1,200m Expanded Copper Shell (2023 Drilling) Eastern & Western 1000 m Pb-Ag Horizons 1000m Western Horizons O PE N O PE N Source: ASX:RDM 8 March 2016 – Maronan Deposit – Preliminary Mine Sco
Slide 9: Silver-Lead Resource Evolution
Silver-Lead Resource Evolution Indicated Resource 2015 Resource Model showing: Shallow Starter Zone • Pre-2022 Drilling • Designated Shallow Starter Zone Maronan Metals – Australian Gold Conference 27 August 2024 9
Slide 10: Silver-Lead Resource Confidence Increasing
Silver-Lead Resource Confidence Increasing Indicated Resource The 2022/23 drilling campaign: • 33 holes including 23 in the Shallow Starter Zone • 16,784 metres Shallow Starter Zone • Tested deep extensions, confirmed mineralisation continues Silver-Lead and Copper-Gold beyond 1,200m depth • Main fo
Slide 11: Silver-Lead Resource Confidence Increasing
Silver-Lead Resource Confidence Increasing Indicated Resource MRN24002 The 2024 drilling campaign: • 7,000 to 10,000 metres • 16 holes planned in the Shallow Starter Zone • First assays reported: Shallow Starter Zone • 23.3m @ 5% Pb 175g/t Ag incl • 0.7m @ 22% Pb 1520g/t Ag • Highest Maronan grade r
Slide 12: Silver-Lead Resource Confidence Increasing
Silver-Lead Resource Confidence Increasing Indicated Resource 2024 Starter Zone Resource Model: • Designated Shallow Starter Zone with included Indicated Resource and all drilling on the Project to date Shallow Starter Zone • Indicated: 2.1Mt 5.3% Lead, 155g/t Silver • Inferred: 9Mt 5.3% Lead, 101g/
Slide 13: Shallow Starter Zone – Eastern Horizon Long Section & Cross Section
Shallow Starter Zone – Eastern Horizon Long Section & Cross Section • Any future mine is likely to access first ore from the Starter Zone • Closer spaced drilling shows strong continuity and steep plunge control • Mineralisation now comes within only 90m of surface • Infill drilling is adding value
Slide 14: Copper-Gold Resource
Copper-Gold Resource Indicated Resource 2024 Copper-Gold model with all Project drilling to date. • 32.5Mt @ 0.84g/t Cu, 0.61g/t Shallow Starter Zone Au and 7g/t Ag Copper Focus Area Higher • Material type: grades and broad intervals of • Leached – 5% mineralisation • Transitional – 20% • Fresh – 75
Slide 15: 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 16: 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 • Infrastructure Progress Permitting Identify and progress Build public profile • Stakeholders opportunities to add of
Slide 17: 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 Metals Limited – 27 August 2024 Confidential Maronan Metals – Australi