Maronan Metals Ltd · ASX:MMA

Maronan Metals — Noosa Mining Investor Conference 2023

15 slides from Maronan Metals's conference presentation, Nov 16, 2023

  1. Slide 1: The Maronan Deposit

    The Maronan Deposit One of Australia’s Largest and Highest Grade Undeveloped Silver Resources Presented by: Richard Carlton, MD November 2023 Turning a Discovery Into a Mine in Elephant Country ASX CODE: MMA

  2. 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 16/11/2023 and statements are current only as at that date. Information in the Presentati

  3. Slide 3: Growing Demand for Silver

    Growing Demand for Silver Unprecedented shortages as demand outpaces supply* • Both a precious and an industrial metal • Like gold, silver is a secure store of wealth • rising in value due to global insecurities and financial uncertainty • Forecast industrial use is exponential • in solar panels and

  4. Slide 4: Maronan Metals – Investment Highlights

    Maronan Metals – Investment Highlights One of Australia’s largest Offers exposure to global undeveloped silver-lead decarbonisation and battery copper-gold deposits megatrends Turning a Defining shallow, high grade Excellent infrastructure in a discovery into thickened horizons of silver- mining fri

  5. Slide 5: Corporate Summary

    Corporate Summary ASX Code Shares on Issue Share Price (10 Nov 23) Market Cap Cash (at 30 Sept 23) MMA 150,006,951 $0.20 $30M $3.58M Board Of Directors & Senior Management Share Price & Trade Volume Simon Bird Non-Exec Chairman Trade Vo lume Cl osin g Price 0.45 1,40 0,000 Richard Carlton Managing D

  6. Slide 6: World Class Location

    World Class Location • Maronan Project is located in the prolific North-West Minerals World class deposits with silver Province, Queensland, Australia • Maronan’s base is Cloncurry, close to the Cannington, Ernest Henry, Dugald River and Eloise mines • Surrounded by well established mining infrastru

  7. Slide 7: Maronan – 3 Key Mineralised Horizons

    Maronan – 3 Key Mineralised Horizons Eastern Horizons Eastern Horizons Western Horizons Western Horizons Copper Zone 10 00 Folded m Overprinting Eastern & Western Copper-Gold Zone Pb-Ag Horizons Maronan Metals – Noosa Mining Conference November 2023 7

  8. Slide 8: Maronan – 3D Ore Block Models

    Maronan – 3D Ore Block Models Eastern Horizons Copper-Gold Zone (2015) 500m 500m Northern Fold Cu-Au Zone Expanded Copper Shell (2023 Drilling) Eastern & Western 1000 m Pb-Ag Horizons 1000m Western Horizons O PE N O PE N Eastern & Western Pb-Ag Horizons Source: ASX:RDM 8 March 2016 – Maronan Deposit

  9. Slide 9: Maronan is a High Grade Silver with Lead Deposit

    Maronan is a High Grade Silver with Lead Deposit Silver − Lead Resource* Eastern Horizons • Inferred Resource – 30Mt @ 6.5% Pb, 106g/t Ag 500m (290g/t AgEq)** Northern Fold • Containing 288M Oz AgEq** • Potential to be one of Australia’s larger silver operations (not held by Major) MMA Drilling Phas

  10. Slide 10: Shallow Starter Zone – Eastern Horizon Long Section & Cross Section

    Shallow Starter Zone – Eastern Horizon Long Section & Cross Section • Any future mine at Maronan is likely to access first ore from the Starter Zone, where mineralisation reaches to within 90m of surface • Assays continue to demonstrate strong geological and grade continuity as well as high grades o

  11. Slide 11: Maronan Stratigraphy – BIF Horizons

    Maronan Stratigraphy – BIF Horizons Carbonate Facies Ore Horizons Re-mobilised galena vein 3.8% Pb, 293g/t Ag 4.9% Pb, 573g/t Ag Pyrrhotite-Galena in recrystalised carbonate 4.9% Pb, 531g/t Ag 4.2% Pb, 306g/t Ag Massive Sulphide MRN23001 MRN22003: 36.6% Pb, 7.6% Zn, 328g/t Ag. Maronan Metals – Noosa

  12. Slide 12: Maronan has a Substantial Copper-Gold Resource

    Maronan has a Substantial Copper-Gold Resource Copper Gold • 2015 Inferred Resource – 11Mt @ 1.6% Cu, Copper-Gold Zone (2015) 500m 0.8g/t Au (2.3% CuEq)* at 1% Cu Cut-off • Contains 253kT CuEq** • ISCG style copper-gold system (eg Eloise, Jericho, Mount Hope, Nil Desperandum) Expanded MMA 2023 Drill

  13. Slide 13: Copper-Gold Mineralisation

    Copper-Gold Mineralisation • Deeper drilling continues to intersect broad intervals of mineralisation MRN22001A: MRN23004W2: 58m @ 1.3% CuEq • Existing DHEM plate extends at least 300m 23.1m @ 1.3% CuEq (0.38% Cu, 1.06g/t Au) (0.73% Cu, 0.67g/t Au) below current drilling MRN22001: • Existing resourc

  14. Slide 14: Near Term Activity and News flow

    Near Term Activity and News flow Assess the results from the 2023 field program Progress Mine Related Studies • Assays pending on: • Update the resource model • Five holes from 2023 Exploration • Revise 2016 Scoping Study with latest Program resource and current cost information • Soil sampling of t

  15. Slide 15: Contact Us

    Contact Us Maronan Metals Limited Level 15, 323 Castlereagh Street, Sydney, NSW 2000 Phone +61 2 9281 1805 Email: info@maronanmetals.com.au Web: www.maronanmetals.com.au This presentation has been approved for release by the Board of Maronan Metals Limited – 16 November 2023 Confidential

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