Dundas Minerals Limited · ASX:DUN

Dundas Minerals — Investor Presentation (November 2021)

19 slides from Dundas Minerals's investor presentation, Nov 23, 2021

  1. Slide 1: ASX Announcement: Corporate Presentation

    ASX ANNOUNCEMENT 23 November 2021 Corporate Presentation For personal use only Dundas Minerals Limited (ASX: DUN) (“Dundas” or “the Company”) is pleased release an updated Corporate Presentation, a copy of which is attached. The presentation is also available to download on the Company’s web site: w

  2. Slide 2: Dundas Minerals - Albany-Fraser Orogen

    DUNDAS For personal use only MINERALS Drilling for: Nickel, Copper, Gold Dominant Tenement Position Highly prospective Albany-Fraser Orogen 1,106km2 Western Australia’s Albany-Fraser Orogen ASX: DUN December 2021

  3. Slide 3: Battery Materials thematic well understood

    Battery Materals thematic well understood It’s all about demand 10 For personal use only Demand to 20 years from now “KoBold Metals” A journey of years Discovery Drill-out Feasibility Permitting Mining ASX: DUN www.dundasminerals.com | 2

  4. Slide 4: Electric Vehicles & Energy Storage

    Electric Vehicles & Energy Storage Nickel and copper demand poised to explode, fueled “I’d just like to re-emphasize, any mining For personal use only by growth in energy storage and electric vehicles companies out there, please mine more Demand nickel” Elon Musk (August 2020) Battery Materials dema

  5. Slide 5: Albany-Fraser Orogen

    Albany-Fraser Orogen For personal use only Tropicana en q Two world class / company on og rat Or Discovery making ore bodies (so far) nC er ras gar Tropicana (2005) y-F Yil Kambalda an Nova/Bollinger (2012) Alb q Under explored Nova q Highly prospective for Nova Norseman and Tropicana style deposits

  6. Slide 6: Dundas: 1,106km2

    Dundas: 1,106km2 For personal use only Discovery q 11 Contiguous Exploration Licences q 100% held by Dundas q Unallocated Crown Land q Prior exploration pre-2012, the year of Nova discovery & gold focussed ASX: DUN www.dundasminerals.com | 5

  7. Slide 7: Bedrock not drill tested

    Bedrock not drill tested For personal use only q 5-30m of cover (Tertiary to Recent Discovery sand, calcrete, sedimentary rocks) q No drilling into bedrock q Air-core q RAB To refusal – average depths ~25m Proterozoic / Re- q Bedrock ?? ar worked Archean ?? he Considerable uncertainty Proterozoic dS

  8. Slide 8: Dense mallee until bush fire in 2019/20

    Dense mallee until bush fire in 2019/20 Pre-fires 2021 For personal use only Discovery ASX: DUN www.dundasminerals.com | 7

  9. Slide 9: Exploration Strategy

    Exploration Strategy 0 5 10km LOW HANGING FRUIT For personal use only JUMBUCK 2m @ 0.5% Ni (BOH) (2011) VTEM & SkyTEM RC drilling 22m RAB hole conductors December 2021 KOKODA 1.5km x 3.5km gold (2010) anomaly. 18% of calcrete Air-Core samples >10ppb Magnetics Image • Warmer colours (reds and oranges

  10. Slide 10: Exploration Strategy

    Exploration Strategy 0 5 10km LOW HANGING FRUIT For personal use only JUMBUCK 2m @ 0.5% Ni (BOH) (2011) VTEM & SkyTEM RC drilling 22m RAB hole conductors December 2021 KOKODA 1.5km x 3.5km gold (2010) anomaly. 18% of calcrete Air-Core samples >10ppb Terra Firma 2022 (1995) NM37 4m@1.06g/t 40m RAB ho

  11. Slide 11: Exploration Strategy

    Exploration Strategy 0 5 10km LOW HANGING FRUIT For personal use only JUMBUCK 2m @ 0.5% Ni (BOH) (2011) VTEM & SkyTEM RC drilling 22m RAB hole conductors December 2021 KOKODA 1.5km x 3.5km gold (2010) anomaly. 18% of calcrete Air-Core samples >10ppb Terra Firma 2022 (1995) NM37 4m@1.06g/t 40m RAB ho

  12. Slide 12: Exploration Strategy

    Exploration Strategy Nova ore body: 180-400m below surface For personal use only Intrusive Ultramafics (Nova style chonolith / “Pluton”) Search Archean/re-worked Archean (Tropicana style) Tools q SkyTEM: Aerial Electromagnetic (AEM) survey - Deep conductive bodies (sulphides) (Ni/Cu/PGE’s) q Altas:

  13. Slide 13: Gravity Survey: Completed October 2021

    Gravity Survey: Completed October 2021 q 4,000 gravity station For personal use only readings Search q 500m spacing on 1km lines Terra Firma q 4 areas of coincidental Jumbuck gravity / AEM / magnetic anomalism North East q Priority in-fill gravity surveys (250m on 500m lines) q Will allow enhanced m

  14. Slide 14: Matilda South 3D Gravity Inversion Model

    Matilda South 3D Gravity Inversion Model (on Mag. colour image) Goldport DDHAC004 (31m) logged as: Max depth of Goldport drilling 64m. “Intermediate / mafic pluton or q Top of gravity model For personal use only Dundas models top of bodies at ~135m. pyroxene granulite?”. (2005) ~135m below surface S

  15. Slide 15: SkyTEM AEM: Completed September 2021

    SkyTEM AEM: Completed September 2021 For personal use only Terra Firma Jumbuck Kokoda North East AEM Survey coverage area (shaded) 2,174 line km’s • 1,829km @ 400m spacing • 345km @ 200m spacing ASX: DUN Mulga AEM Channel 40 over magnetics (grey-scale) www.dundasminerals.com | 14

  16. Slide 16: Exploration Planned Activity

    Exploration Planned Activity For personal use only Dec. Jan. Feb. Mar. Apr. Planned Activity 2021 2022 2022 2022 2022 Jumbuck Drilling1 Christmas Break Kokoda Drilling1 (~2 weeks) In-fill gravity surveys2 Jumbuck Assays Kokoda Assays Modelled targets from in-fill gravity/AEM H-1 2022 drill plan Note

  17. Slide 17: Board and Management

    Board and Management Commercially and Technically strong Experience For personal use only Mark Chadwick Shane Volk Tim Hronsky Mike Northcott Steve Massey B Com (Acc); CA B Bus (Acc); AGIA B Eng (Geol) B Sc (Geol) B Sc (Geophysics) Chairman Managing Director & CEO Technical Director Exploration Mana

  18. Slide 18: Corporate Overview

    Corporate Overview For personal use only Corporate Structure Shareholders (at 22 Nov. 2021) 586 IPO Price $0.20 Shares on Issue 60.2m Retail Shares Escrowed (24 months) 21.4m Shareholders Shares Escrowed (12 months) 2.7m (not escrowed) Directors & Tradeable Shares 36.1m 57.3% Management (24 month es

  19. Slide 19: Competent Persons Statement and Disclaimer

    Competent Persons Statement and Disclaimer Competent Persons Statement The information in this presentation that relates to Exploration Results is extracted from the report entitled Independent Technical Assessment Report created on 30 August 2021, and is For personal use only included in the Initia

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