Metal Bank Ltd · ASX:MBK
Metal Bank — Investor Presentation (November 2019)
18 slides from Metal Bank's investor presentation, Nov 25, 2019
Slide 1: Advancing Gold Exploration Opportunities - 2019
For personal use only A DVA NC ING GO L D E X P LO R AT ION O P P O RTU N ITIES - 2 0 1 9 25 NOVEMBER 2019 ASX: MBK
Slide 2: Disclaimer
Disclaimer For personal use only Purpose of this document This presentation has been prepared by Metal Bank Limited (“MBK") for general information purposes only using the information available to MBK at the time of publication. No reliance The information contained in this presentation is not inves
Slide 3: Southeast Queensland: Qld's next big gold discoveries
Southeast Queensland Qld’s next big gold discoveries For personal use only 18Moz gold province hosting two of Qld’s largest operating gold mines – Mt Rawdon and Cracow Overlooked – Historical goldfields outside of existing operating mines missed out on serious modern gold exploration. Metal Ba
Slide 4: Corporate Overview
Corporate Overview Metal Bank Limited For personal use only ASX: MBK 12-month share chart Shares 881.6M 0.014 0.012 0.010 Share price @ 22 Nov $0.011 0.008 Cash @ 30 Sept $1.3M Market cap $10M 2018 2019 22 Nov Top 20 shareholders 56% Directors / Management 22% Skin in the game Projects are 100% MBK
Slide 5: Successful Track Records
Metal Bank Limited Successful Track Records For personal use only 5
Slide 6: Discovery Driven Growth
Discovery Driven Growth Strategy centred on historical goldfields For personal use only 8 Mile Project (Perry Goldfield) - Bulk tonnage gold targets defined near Mt Rawdon gold mine (2Moz). Two recent discoveries Triumph Project (Norton Goldfield) – Multiple shallow high-grade gold zones disco
Slide 7: 8 Mile Project: Opportunities Recognised Early
8 Mile Project Opportunities Recognised Early For personal use only What caught our eye? Magnetite destruction / hydrothermal alteration Many intrusion-related gold systems in Qld are associated with magnetic lows related to magnetite destruction Perry goldfield - overlooked by modern exploration an
Slide 8: 8 Mile Project: Large Gold System Emerging
8 Mile Project Large Gold System Emerging For personal use only Initial drilling Success – Identifies extensive gold system System currently defined over >3.6km – Only drilled on two sections 2km apart Perry Prospect 36m @ 1.2g/t Au from 36m 12m @ 2.1g/t Au from 4m Flori’s Find Prospect 16m @ 1.9g/t
Slide 9: 8 Mile Project – Perry Prospect: Bulk tonnage style gold system
8 Mile Project – Perry Prospect Bulk tonnage style gold system For personal use only 36m @ 1.2g/t Au from 36m 2m @ 14.8g/t Au Potential for higher grades 9
Slide 10: 8 Mile Project: Queensland's next big gold story?
8 Mile Project Queensland’s next big gold story? For personal use only • From ‘opportunity’ to drilled discovery in 12 months • Excellent bulk tonnage style gold potential highlighted by initial drilling 10
Slide 11: Triumph Project: Modern Discovery on historical goldfield
Triumph Project Modern Discovery on historical goldfield For personal use only Centred over the historical • ‘Big system thinking’ has led to multiple near-surface Norton goldfield high-grade gold discoveries • 6 drill discoveries over 3yrs • Bald Hill West 15m @ 10.3g/t Au from 9m • Bald Hill East
Slide 12: Triumph Project: Focus on bulk tonnage targets
Triumph Project Focus on bulk tonnage targets For personal use only Metal and alteration zoning defines four bulk tonnage targets Priority bulk tonnage gold targets Relatively shallow drilling to date (ave. 60m) Opportunity now to work down into the systems 12
Slide 13: Eidsvold Project: First Mover Opportunity
Eidsvold Project First Mover Opportunity For personal use only Eidsvold Goldfield - One of the largest historical goldfields in Queensland with no modern gold mining operation…Why? …Only a small part of the gold system is exposed: the rest is concealed by cover sediments • Large-scale targets define
Slide 14: Eidsvold Project: Seeing through cover
Eidsvold Project Seeing through cover – geochem / geophysics For personal use only Image: TD RTP Magnetics 14
Slide 15: Eidsvold Project: Drill Ready
Eidsvold Project Drill Ready For personal use only Large-scale coincident geophysics / geochemistry gold targets around one of Queensland’s big overlooked goldfields Currently evaluating JV as an option to fund drilling on the project 15
Slide 16: Discovery Driven Growth in SE Qld
Metal Bank Limited Discovery Driven Growth in SE Qld For personal use only 1. South-East Qld has all the characteristics for the next big gold deposit in Qld to be uncovered 2. Metal Bank has created three exceptional gold opportunities around overlooked historical goldfields 16
Slide 17: Looking Ahead
Looking Ahead Project execution and new opportunities For personal use only Positioned for Growth (organic and acquisition) A team solidly grounded in project execution and generation with access to a global network and project opportunities 17
Slide 18: Contact Us
Metal Bank Limited contact us For personal use only ASX Code: MBK www.metalbank.com.au Tony Schreck Managing Director +61 419 683 196 tony@metalbank.com.au Looks like a fair amount of overtime may be called for here, Wilson “Go out and find me 100,000oz Au….. ……….and then grow it to 10Moz Au” 18