Orion Minerals Limited · ASX:ORN

Orion Minerals — Investor Presentation (November 2020)

15 slides from Orion Minerals's investor presentation, Nov 2, 2020

  1. Slide 1: Prieska Copper-Zinc Project: Bankable - Fully Permitted - Ready to Build

    For personal use only Prieska Copper-Zinc Project Bankable - Fully Permitted - Ready to Build Errol Smart, Managing Director and CEO | Investor Presentation November 2020 ASX/JSE: ORN PAGE

  2. Slide 2: Disclaimer

    DISCLAIMER For personal use only This presentation contains summary information about Orion in such forward-looking statements; and materially affects the information for the Mineral Resource and Minerals Ltd and its subsidiaries (Orion or Company) and their • may include, among other things, statem

  3. Slide 3: Orion Minerals Corporate Summary

    ORION MINERALS CORPORATE SUMMARY For personal use only • Primary listing on the ASX • Secondary listing on Main Board of the Johannesburg Stock Capital structure summary Current Post Share Issue Exchange Shares on issue 1 3,397M 3,397M Current Post Share Significant shareholders Options on issue 268

  4. Slide 4: Base Metals the New Gold

    BASE METALS THE NEW GOLD For personal use only PAGE 4

  5. Slide 5: Orion Minerals Investment Snapshot

    ORION MINERALS INVESTMENT SNAPSHOT For personal use only • Flagship Prieska Copper-Zinc Project - accessing globally significant VMS deposit in Northern Cape Province, South Africa • Bankable - updated BFS following successful optimisation & value engineering • Foundation Phase Mineral Resource – 30

  6. Slide 6: Near-Term, Low-Cost Base Metals Mine

    NEAR-TERM, LOW-COST BASE METALS MINE For personal use only THE OREBODY • Globally significant VMS Resource: 30.49Mt @ 1.2% Cu, 3.7% Zn • Increased Mineral Reserve: 14.5Mt @ 1.1% Cu and 3.2% Zn FOUNDATION PHASE AS PER BFS-20 OUTCOMES • Initial 12-year, 2.4Mtpa operation, targeting 22ktpa Cu and 70ktp

  7. Slide 7: Cost Profile: Copper Producers' Cost Curve

    COST PROFILE: COPPER PRODUCERS’ COST CURVE ALL-IN-SUSTAINING COST (AISC) PER POUND OF COPPER For personal use only Prieska Project BFS (May 2020) long term forecast copper price assumed to be US¢303 per lb (real) Prieska Cu eq AiSC (¢/lb) Zn credit Prieska Annual Global Copper Production (‘000) • Lo

  8. Slide 8: Strong Project Economics + Strong ESG

    STRONG PROJECT ECONOMICS + STRONG ESG For personal use only Environmental, Social and Governance (ESG) responsibility embedded in our growth plans • Investing in district water and infrastructure development • Benefiting the communities • Focus on low carbon footprint business • Solar + Wind (plus h

  9. Slide 9: Mine of the Future

    MINE OF THE FUTURE For personal use only Implementing a modern operating philosophy (4IR enabled) can contribute to achieving quantum changes in key output parameters that are traditionally slow to improve or have regressed in the local mining industry, including: • Safety and health improvements •

  10. Slide 10: Exploration Upside - Long Term Opportunity

    EXPLORATION UPSIDE - LONG TERM OPPORTUNITY For personal use only • The Northern Cape was previously a large copper producer with >70,000tpa of copper production during 1970-1980s • The district has produced >2.5million tonnes of copper over the past 150 years • Despite its significant base metal end

  11. Slide 11: Exploration Upside: Under-Explored Belt

    EXPLORATION UPSIDE UNDER-EXPLORED BELT For personal use only Multiple Cu-Zn VMS and Ni-Cu intrusive targets within Orion’s mineral rights PAGE 11

  12. Slide 12: Strategically Positioned Pivotal Leadership Role

    STRATEGICALLY POSITIONED PIVOTAL LEADERSHIP ROLE For personal use only • Interest growing in the Region as a base/battery metals production hub • RSA government and development finance agencies considering economic stimulus packages to incentivise the sector and all upstream and down-stream business

  13. Slide 13: Orion's Positioning - The Right Address

    ORION’S POSITIONING - THE RIGHT ADDRESS For personal use only The Northern Cape – Botswana – Namibia (Southern Africa Customs Union) region provides an unprecedented global opportunity to create a green, New Era Metals / Battery Metals production district • Several new greenfield and brownfield copp

  14. Slide 14: Vision for Growth

    VISION FOR GROWTH For personal use only 1 Orion Is uniquely positioned to harness a rapidly growing market for responsibly/sustainably produced “green metals” 2 We have secured a first mover advantage and have established a strong corporate and management structure that can be rapidly scaled and exp

  15. Slide 15: For further information, contact

    For personal use only For further information, contact: Orion Minerals Limited Suite 617, 530 Little Collins Street Melbourne Vic 3000 Australia ASX/JSE: ORN Phone: +61 (0)3 8080 7170 Email: info@orionminerals.com.au Website: www.orionminerals.com.au PAGE

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