Mt Malcolm Mines Nl · ASX:M2M
Mt Malcolm Mines Nl — RIU Resources Round-up 2024
27 slides from Mt Malcolm Mines Nl's conference presentation, May 7, 2024
Slide 1: RIU Resources Round-up, Sydney 7-9 May 2024
For personal use only RIU Resources Round-up Sydney 7-9 May, 2024 th mtmalcolm.com.au ASX:M2M
Slide 2: Disclaimer and Forward Looking Statements
Disclaimer and Forward Looking Statements This presentation is not a prospectus` nor an offer of securities for subscription or sale in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment
Slide 3: Malcolm Gold Project
Malcolm Gold Project An under-explored project area consolidated for the first time by a single owner Limited modern systematic exploration over prospect areas due to fragmented historical ownership • Majority of tenements acquired from Local Prospectors • KKTZ is largely concealed beneath transport
Slide 4: The Right Location
The Right Location easy development opportunity Well-placed 10 km east of regional hub; Leonora • Located in the heart of WA’s Goldfields with excellent access to For personal use only services and transport • Supportive local community and readily-available workforce Leverage off local processing f
Slide 5: Mergers and Acquisitions "Hot Spot"
Mergers and Acquisitions “Hot Spot” Strategically located gold play focused on the highly prospective Keith-Killkenny Tectonic Zone Strategic location in a well-endowed gold district • Premium land position in the Eastern Goldfields covering a 30km strike of the Keith-Kilkenny Tectonic Zone (KKTZ) –
Slide 6: Geological Setting: Eastern Goldfields
Geological Setting: Eastern Goldfields Superterrane Leonora – Laverton district with gold endowment of +50Moz Initial exploration to focus on extensions of historic production areas and follow-up of high-grade drill intercepts • Mt Malcolm Mining Centre – historical production yield of 47,200 oz (62
Slide 7: Depth of Portfolio Focused on Immediate Resource Base Opportunities
For personal use only Depth of Portfolio Focused on Focused on Immediate Immediate Resource Resource Base Base Opportunities Opportunities 5
Slide 8: M2M Diversified Portfolio
M2M Diversified M2M Portfolio Flagship Prospects For personal use only The value proposition…detailed The value proposition…exposure across commodities Mt Malcolm: Lake Johnston Malcolm Dam Golden Crown Mt Feldtmann Calypso Emu Egg Dumbarton 6
Slide 9: Investment Highlights
Investment Highlights For personal use only 3.5yr Consolidation trend broken 5yr Gold Chart with trend resolved to upside 7
Slide 10: Creating value through rapidly advancing to Maiden Resource
Creating value through rapidly advancing to Maiden Resource Mining Cashflow and Co-Investment to develop bigger and deeper discoveries For personal use only 8
Slide 11: Golden Crown Developing Historic High-Grade Gold Deposit
Golden Crown Developing Historic High-Grade Gold Deposit RC drilling confirms significant high grade shallow gold mineralization supportive of small-scale mining. 2772m of RC drilling completed in Q1 2024*. For personal use only Notable intercept: 10m @ 15.40 g/t Au (10-20m) including 1m @ 61.39 (17
Slide 12: Golden Crown Prospect
Golden Crown Prospect High grade, near surface, historic production site *Golden Crown produced >1,720oz Gold at the turn of the last century with an average grade > 29g/t Au • There are 17 Intercepts >5g/t Au, including 7 >10g/t Au, incl 5>15g/t Au, and including 3>30g/t Au For personal use only •
Slide 13: Calypso Prospect
Calypso Prospect Near-term potential to advance resource status Calypso • Discovered by BHP in the 1980s Calypso presents as a shallow, dipping gold mineralisation associated with a variety of NNW trending faulted Archean sedimentary rock types and porphyry intrusives • Large, high-order magnetic si
Slide 14: Calypso Prospect Historical drill statistics
Calypso Prospect Historical drill statistics Drilling completed by others: • 178 Aircore holes - average depth 66.5m • 38 RC holes - average depth 88.7m For personal use only • 64 Diamond holes - average depth 136m Drilling completed by M2M since ASX listing • 10 RC holes (M2M) - average depth 128m
Slide 15: Calypso Prospect All the hallmarks of system widening at depth
Calypso Prospect All the hallmarks of system widening at depth Target Corridor Defined Constance discovery best M2M DDH results* For personal use only • 22CALDD011 16.21m @ 4.01 g/t Au (343.25-359.46m) including 0.57m @ 25.81 g/t Au (352.05- 352.62m) • 22CALDD003 25.01m @ 2.17 g/t Au (272.84-297.85m
Slide 16: Calypso Exploration Model
Calypso Exploration Model Comparison to a Multi-Million Ounce System Granny Smith/Wallaby (R&R ~8 Moz*) Gold Fields Ltd NYSE: GFI For personal use only Porphyry dyke fundamental control Calypso Volcaniclastic conglomerate host rock Calypso Magmatic-hydrothermal alteration Calypso Shallow-dipping, lo
Slide 17: Dumbarton
Dumbarton Historic gold producer within the Malcolm Mining Centre Target zone >700m with multiple lodes within a shear zone. • Follow up extensional drilling in planning phase For personal use only • Drilling permits granted The notable intercepts* : • 6m @ 2.86g/t Au (36-42m) 22DBRC004 • 20m @ 1.34
Slide 18: Emu Egg
Emu Egg 4kms of strike length containing high grade drill intercepts Two Zones drilled and defined within a prospective corridor. • Magnetic highs intersected by Proterozoic dyke correlate with gold- For personal use only in-soil anomalies (auger) peaking at 534 ppb Au • Historic drilling shows gold
Slide 19: Emu Egg Drill planning underway
Emu Egg Drill planning underway 1.77Kg Au recently returned from surface mining For personal use only • The Program of Work (POW) for upcoming RC drilling is approved by DMIRS • The program is aimed at confirmation of pre JORC intersections and testing depth extensions to at least 120m 17
Slide 20: Advanced Prospects
Advanced Prospects Strong anomalism with further drilling required to define target limits Mt Stewart “Paleochannel Prospect” • Regolith Model reveals strong link between local geology and gold For personal use only mineralisation • Au value from historical drilling peaked at 78.97g/t at MSRCH021 fr
Slide 21: Mt Stewart Paleochannel Significant Drilling Intersections
Mt Stewart Paleochannel - Hannans Significant Drilling Intersections East North EOH From To Interval Au Hole ID AZI DIP GDA94 GDA94 (metre) (metre) (metre) (metre) (g/t) For personal use only MSAC035 358158 6801005 000° -90° 70 51 56 5 3.53 including 51 53 2 8.14 MSAC299 355037 6793558 000° -90° 73
Slide 22: Immediate Resource Targets
Immediate Resource Targets Multiple ore grade intercepts with opportunity to convert to resources Sunday Picnic Shear Zone Target • Located on the Picnic Shear in the centre of the Project area covering regional scale shearing associated with the KKTZ. The NNW shear zones are traceable over 5km and
Slide 23: Golden Crown VHMS Cu-Zn From Concept to Target
Immediate ResourceGolden Targets Crown VHMS Cu-Zn From Concept to Target Attractive VHMS upside • Following-up 40-year-old Chevron exploration For personal use only • Favourable for profitable style of Cu-Zn mineralisation Targeting: direct evidence • Chevron IP anomaly at depth: chargeability indic
Slide 24: Lake Johnston Geologically Highly Fertile Area for Lithium
Lake Johnston Geologically Highly Fertile Area for Lithium Mineralisation 200km2 of prospective land in the Lake Johnston area For personal use only • Located (Dundas Mineral Field, 450km east of Perth) in the Emerging lithium "hot spot" with recent successes in the area • Fitting to the ‘Goldylocks
Slide 25: Lake Johnston Strategic Position in WA's lithium hot spot
Lake Johnston Strategic Position in WA’s emerging lithium “hot spot” Lithium “Hot Spot”, Strong Nearology For personal use only • 60km east of the well-known Earl Grey (Mt Holland), with a total Mineral Reserve of 186 Mt @ 1.53 % Li2O, one of the largest undeveloped hard rock lithium bearing pegmati
Slide 26: Mt Feldtmann Lithium/Gold Potential
Mt Feldtmann Lithium/Gold Potential Promising Geology and Existing Target For personal use only • Two large lithium anomalies defined in historic multi element soils data • The presence of Neo-Archaean granites in contact with greenstone belts and complex and large structures are proven sign of an o
Slide 27: Trevor Dixon, Managing Director
For personal use only Trevor Dixon | Managing Director 8 Sarich Court Osborne Park WA 6017 T: (08) 6244 6617 E: admin@mtmalcolm.com.au www.mtmalcolm.com.au 27