Ormonde Mining Plc · AQUIS:ORM
Ormonde Mining — Investor Presentation (November 2023)
17 slides from Ormonde Mining's investor presentation, November 2023
Slide 1: Exposure to quality exploration assets including gold and battery metals
Newfoundland Exposure to quality exploration assets Ormonde Mining Corporate Presentation including gold and battery metals Quoted on Aquis Stock Exchange: ORM o r mo n d e mi n i n g. c o m O r mo n d e M i n i n g
Slide 2: Disclaimer
Disclaimer These presentation slides have been prepared by and are the sole responsibility of Ormonde Mining Plc (“Ormonde” or “the Company”). The directors of the Company have taken all reasonable care to ensure that the facts stated herein are true to the best of their knowledge or belief. The inf
Slide 3: Overview
Overview ▪ Aquis Stock Exchange-listed (ORM) ▪ Previously cash shell until new investments (2023) ▪ Key investments: ▪ Peak Nickel - 20% interest, battery metals, £500k investment ▪ TRU Precious Metals (TSXV: TRU) - 36.2% interest, €2m investment ▪ Central Newfoundland Gold Belt, Canada ▪ Flagship -
Slide 4: TRU Precious Metals
TRU Precious Metals ▪ TRU – TSXV listed - market cap C$4m ▪ Golden Rose Project, Central Newfoundland - 275km2 ▪ Book-ended by two gold deposits – 5M oz to NE, 600k oz to SW (same structures) ▪ High-grade gold discoveries on TRU tenements ORM ownership: 36.2% ▪ Gold values up to 57.6 g/t Au over 1.5
Slide 5: Newfoundland
Newfoundland ▪ Recent significant discoveries – one of world's most attractive gold exploration regions ▪ Tier 1, top 10 mining jurisdiction ▪ Favourable mining/environmental law ▪ Supportive administration and community ▪ Good infrastructure, relatively easy year-round access ▪ Skilled workforce ▪
Slide 6: Geological Picture
Geological Picture ▪ Millions of years ago Newfoundland and Ireland were neighbours ▪ Shared geological history ▪ Same major regional ‘deep seated’ faults hosting gold mineralisation ▪ Similar styles of gold mineralisation present ▪ Ireland has 6 Moz gold resource at Curraghinalt in similar geologic
Slide 7: Deposit Holding Structure
Deposit Holding Structure ▪ Regional ‘deep seated’ structures points to high mineralisation potential ▪ Valentine Lake Shear Zone (VLSZ) is such a structure (red line on map) ▪ Golden Rose Project is at centre of geological exploration action on VLSZ covering 45km of VLSZ ▪ Valentine Lake (Marathon
Slide 8: Adjacent to Major Gold Discovery
Adjacent to Major Gold Discovery ▪ Golden Rose Project is in centre of geological and M&A action ▪ Adjacent to Marathon Gold’s Valentine Lake Mine (in construction) with agreed C$345m acquisition by Calibre Mining ▪ Marathon’s gold deposit grown from 300,000 oz in 2013 to 5.1 Moz mine going into pro
Slide 9: Golden Rose Project
Golden Rose Project ▪ 273.5km2 land package (240km2 fully owned by TRU; 33 km2 held under an option to acquire 65%) ▪ Quality gold/copper exploration opportunity ▪ Underexplored, but good data ▪ Numerous gold occurrences ▪ Bonanza gold grades both in bedrock and float samples ▪ Similarities with adj
Slide 10: Northcott Target
Northcott Target ▪ High-grade gold channel sampling assay results, including: ▪ 57.6 g/t Au @ 1.5m ▪ 34.0 g/t Au @ 2.0m ▪ 23.5 g/t Au @ 2.0m ▪ 17.8 g/t Au @ 1.5m ▪ Zone open along strike to SW and NE ▪ Potentially part of larger scale, gold- endowed structural corridor located within Mark’s Pond tar
Slide 11: Wood Lake Target
Wood Lake Target ▪ Significant and complex fold structure localised along Valentine Lake Shear Zone ▪ Fertile gold system transecting Wood Lake prospect ▪ Bedrock grab sample (2023) approximately 500m NE of Wood Lake returned 10.46 g/t Au and a float sample south of Wood Lake returned 9.66 g/t Au ▪
Slide 12: Summer 2023 Exploration Highlights
Summer 2023 Exploration Highlights ▪ High-grade gold results from the Northcott West Extension trench channel sampling, incl: ▪ 14.58 g/t Au over 0.5m ▪ 5.73 g/t Au over 0.5m ▪ 4.05 g/t Au over 0.5m ▪ 2.92 g/t Au over 1.1m ▪ Northcott Gold Zone open along strike to SW and NE – now mapped over 240m o
Slide 13: What All of This Means
What All of This Means ▪ Newfoundland region underexplored ▪ Analogues: ▪ Abitibi Belt - Canada, 100 mines, 200 Moz gold production ▪ Dalradian Belt (Ireland and Scotland) 10 Moz gold resources ▪ Current ‘Goldrush’ in Newfoundland comparable to: ▪ Ireland in 1980s ▪ Western Australia in 1980s ▪ Syst
Slide 14: Corporate Consolidation
Corporate Consolidation ▪ Calibre Mining ▪ Bid C$345m (60% premium) for Marathon Gold (5 Moz) ▪ Combined expected gold production 500k oz per annum ▪ Annual expected cash flows C$380m ▪ Combined pro forma market cap c. C$950m ▪ Matador Mining ▪ Directly contiguous to SW of TRU’s Golden Rose Project
Slide 15: Peak Nickel
Peak Nickel ▪ Advancing promising battery metals project ▪ Ormonde’s investment enabled fast-tracking of initial work programme aimed at identifying modern, code-compliant resources ORM ownership: 20% ▪ Ormonde’s technical team positive on geological Investment: £0.5m prospectivity of project Date:
Slide 16: Ormonde Team
Ormonde Team Brendan McMorrow Brian Timmons Chief Executive Officer, Director Executive Chairman ▪ 30 years’ experience in base and metals ▪ 30 years’ experience in senior positions mining as well as oil & gas companies across a range of industries listed in London, Toronto and Dublin ▪ Director of
Slide 17: Investment Case
Investment Case ▪ Ormonde has acquired interests in two highly attractive prospects ▪ At centre of next potential Tier 1 gold producing region - via TRU investment ▪ Significant exposure to battery metal resources (energy transition) - via Peak Nickel investment ▪ Net cash and receivables on Ormonde
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