Maronan Metals Ltd · ASX:MMA
Maronan Metals — Shareholder Meeting (November 2024)
34 slides from Maronan Metals's shareholder meeting presentation, Nov 11, 2024
Slide 1: The Maronan Deposit
The Maronan Deposit One of Australia’s Largest and Highest-Grade Undeveloped Silver Resources Presented by: Richard Carlton, MD 11 November 2024 A S X C O D E : M M A Annual General Meeting
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer GENERAL These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been prepared by Maronan Metals Limited (Company) as at 11/11/2024 and statements are current only as at that date. Information in the Presentati
Slide 3: Maronan Metals − Unlocking Value
Maronan Metals − Unlocking Value Potential Long-Life Ag-Pb, Cu-Au exposure in a Tier 1 jurisdiction 100% owned Maronan Deposit with excellent ore body continuity Large Silver-Lead and Global Resources of +60Mt Copper-Gold endow− containing 118Moz Silver, 2Mt Lead, ments open at depth 272Kt Copper an
Slide 4: Value Drivers
Value Drivers 01 Immediate value driver: The ‘Starter Zone’ • Early access less than 90m from surface • Growing the Indicated Resource • Assessing staged development with options to ramp up production over time 02 Testwork to date shows simple, proven flotation generates high value Concentrate • Exc
Slide 5: What is the Upside?
What is the Upside? World Silver Institute – Silver Supply Deficit Why Maronan Now? Potential to be a significant player 01 in the Silver and Lead markets Positioned to be an early mover 02 into the Silver supply deficit Leveraged to rising Silver, Copper 03 and Gold prices * Source: World Silver In
Slide 6: Corporate Summary
Corporate Summary ASX Code Shares on Issue* Share Price (8 Nov 24) Market Cap Cash (at 30 Sept 24) MMA 201,252,826 22c $47.2M $7.75M Board Of Directors & Senior Management Share Price & Trade Volume: 09/11/2023 − 08/11/2024 Simon Bird Non-Exec Chairman Richard Carlton Managing Director Robert Ruther
Slide 7: Achievements over the past year – 'did what we said we would'
Achievements over the past year – ‘did what we said we would’ • Completed resource review following first MMA drill program*: • Maiden Ag-Pb resource 2.1Mt @ 5.3%Pb 155g/tAg • Significant Cu-Au resource increase • Maiden Gold-only resource • Strong metallurgical results for Ag-Pb and Cu-Au ore. • Su
Slide 8: Site Overview
Slide 9: Drilling Area
Drilling Area
Slide 10: Drill Rig
Slide 11: > o fy E = Pe >
> o fy 8 E = 3 4 Pe >
Slide 12: The North-West Minerals Province
The North-West Minerals Province @ Operations Cities aNd TOWNS — be! SO0KM World class deposits with silver McArthur @ River Mine Cairns Century Mine — Yabulu | Copper refinery/ oS Bugaia River SeUnEY Aoinsticcellyy George Fisher ra uthbert F Zinc ~ Townsville - Refiner Mount Isa Mines) @ @ Ernest H
Slide 13: £L as. are
£L as. are Se Dugald River > a Sh Lady Clayre e a A = Se Alyy A\ oan Ernest Henry 4 LL .) , George Fisher) & Z s onatog East _ b r wi Las Minerale cl a a f unt Isa 4 9 Po rena re Mount Isa Copper Mine 105-5 —- ! - vom eo Rocklands” Taipan 7,700,000mN if \ /\ iy i ! J I y f 7, { L SPR \ l j , Kalman
Slide 14: POWERED BY
POWERED BY VRIF Altia (Pb-Ag) cer | Eloise Mine (Cu-Au) iB Jericho (Cu-Au) K
Slide 15: Western Shale
@ Western Shale B® rare oye POWERED BY VRIFY
Slide 16: VRIFY
VRIFY
Slide 17: Starter Zone Resource and Pre 2024 Drilling showing Silver
POWERED BY VRIFY Starter Zone Resource and Pre 2024 Drilling showing Silver Starter Zone _ Drill Assays (ppm Ag) SINS » 30-50 © a 2 50.100 . » 400-200 ° oe J) 200-400 > ~ 2, oo) >400 ’ : _ 2 » 2
Slide 18: Starter Zone Resource and Drilling
Starter Zone Resource and Drilling Starter Zone POWERED BY VRIFY
Slide 19: MRN24002
MRN24002 .\\, ° SI, ENT Sy yan ~~ mRN24002 23.32m @ 5 %Pb, 175 g/t Ag POWERED BY VRIFY
Slide 20: MRN24004 and MRN24003 intercepts
POWERED BY VRIFY MRN2.4004~ 15.85m @ 4.10 %Pb, 111.90 g/i Aa MRN24004 MRN24003W1 15.37m @ 3.70 %Pb, 105.00 g/t Ag MRN24003 ea re ——<—— 17.10m @ 3.60 %Pb, 109.00 g/t Ag
Slide 21: MRN24006 and MRN24005 intercepts
MRN24006 MRN24C06: 4.14m @ 4.80 %Pb, 27.00 g/t Ag WA NON —MRN24005 i \ 5.2m @ 4.70 %Pb, 72.00 git Ag MRN24006————___ MRN24005 MUSOU IRC NYAS We 18.41m @ 5.30 %Pb, 146.00 g/t Ag a XOX MRN24006— oO A MRN24005 4.3m @ 2.00 %Pb, 54.00 g/t Ag 4 1.9m @ 3.10 %Pb, 128.00 g/t Ag mea Va 1.5m @ 3.60 %Pb, 128.00
Slide 22: Eastern Horizon Q4 Planned Drilling
L\y yy" \ P/ Wn SOG oN & ae. Mees) jp Lom 4 / y) PA 4 e if | we ; Y, } Ks, X KS \ . RON a. "ee PDS nonin | M MARONAN Eastern Horizon Q4 Planned Drilling
Slide 23: MRN24007 Interpreted Section
7670500N * - bi 2 f > rar Mer ? le voy 'y 4 NEY \: / iy |* : b f, y | : “ve E - + ? I} g - # & S . - “K y/ . J | - b “ p AS/jfs Ry!) seo Uf ‘Y a - j Uy; Bi wel YP! “4 is i b 5 7 i 2 , 8 220m z — i 3 iat MRN24007 oti vs Interp Section
Slide 24: Drilling Progress – Starter Zone
_ Drilling Progress —— Starter Zone
Slide 25: VRIFY
VRIFY
Slide 26: Copper-Gold Resource
i pln ma alii bel wu N7c02 18m) 9.99 30v, 070 94 Au B o2-04 ES i i Dri Assays (% Cu) Copper-Gold Resource: Inferred 32.5Mt @ 0.84% Copper, 0.61g/t Gold, 7g/t Silver Resource: Copper + Gold 81,85m @ 0.41 %Cu, 0.57 gt Au VRIFY é
Slide 27: Drill Assays (% Cu)
Drill Assays (% Cu)
Slide 28: Lower Copper Resource Drill Intercepts
-MRN23013 Lower Copper Resource Sm @ 1.42 %Cu, © 6E aft Au MRN23007 9m @ 1.78 %Cu, 2.41 g/t Au ss. MRN7002 18m @ 0.99 %Cu, 0.70 git Au ‘MRN23004W2 XN 58m @ 0.73 %Cu, 0.67 g/t Au hem 25m @ 0.80 %Cu, 0.69 g/t Au MRN22001 19.2m @ 1.83 %Cu, 1.58 git AU MRN12004 37.4m @ 1.61 %Cu, 1.52 git Au yas MMRN1300
Slide 29: Conceptual Mine Design
Conceptual Mine Design POWERED BY VRIFY
Slide 30: The year ahead – 'building on a strong foundation'
The year ahead – ‘building on a strong foundation’ • Complete the 7,000m to 10,000m drilling program. • Undertake resource update. • Advance project related studies. • Assess and rank options for developing the project. • Develop financial models for options at Scoping Study level. • Design the next
Slide 31: Contact Us
Contact Us Maronan Metals Limited Level 15, 323 Castlereagh Street, Sydney, NSW 2101 www.maronanmetals.com.au Phone +61 2 9281 1805 info@maronanmetals.com.au This presentation has been approved for release by the Board of Maronan Metals Limited – 11 November 2024 Confidential Maronan Metals – Annual
Slide 32: Appendix 1 - March 2024 Updated Mineral Resource Silver-Lead
APPENDIX 1- ASX:MMA 12 March 2024 Updated Mineral Resource* Silver-Lead * ASX:MMA 12 March 2024 – Updated Resource Estimate Maronan Metals – Annual General Meeting November 2024 10
Slide 33: Appendix 1 - March 2024 Updated Mineral Resource Copper-Gold
APPENDIX 1- ASX:MMA 12 March 2024 Updated Mineral Resource* Copper-Gold * ASX:MMA 12 March 2024 – Updated Resource Estimate Maronan Metals – Annual General Meeting November 2024 11
Slide 34: Appendix 1 - March 2024 Updated Mineral Resource Gold-only
APPENDIX 1- ASX:MMA 12 March 2024 Updated Mineral Resource* Gold-only * ASX:MMA 12 March 2024 – Updated Resource Estimate Maronan Metals – Annual General Meeting November 2024 12