Scorpion Minerals Limited · ASX:SCN
Scorpion Minerals — Investor Presentation (April 2025)
21 slides from Scorpion Minerals's investor presentation, Apr 8, 2025
Slide 1: Murchison Gold Targets
For personal use only Murchison Gold Targets Presentation | April 2025
Slide 2: Disclaimer
SCORPION MINERALS LIMITED Disclaimer For personal use only COMPETENT PERSONS STATEMENT This information was originally issued in the Company’s This announcement is not an offer, invitation, solicitation ASX announcement “Maiden Copper-Zinc Resource at Mt or other recommendation with respect to the T
Slide 3: Scorpion Minerals Vision
SCORPION MINERALS VISION For personal use only To become a multi-project, multi-commodity producer of significance, utilising a team of proven professionals who have successfully taken multiple exploration companies to production. 3
Slide 4: Corporate Overview
C O R P O R AT E O V E R V I E W Share Price (4 April 2025) AUD 0.020/share Shares on Issue 511,056,192 Company Snapshot Listed Options ($0.075 – Mar 26) 35,999,997 For personal use only Unlisted Incentive Options 15,000,000 ($0.00) – various vesting Highly prospective Gold assets (Murchison - Weste
Slide 5: Diverse & Dedicated Leadership Team
D I V E R S E & D E D I C AT E D L E A D E R S H I P T E A M Focused on Delivering Shareholder Value For personal use only Mike Kitney Kate Stoney NON-EXECUTIVE CHAIRMAN EXECUTIVE DIRECTOR & COSEC Mr. Kitney is an internationally experienced extractive metallurgist and mineral economist with over 40
Slide 6: Pharos – Gold Overview
PHAROS – GOLD OVERVIEW Pharos Project For personal use only Underexplored Targets LARGEST LANDHOLDING IN DALGARANGA – BIG BELL SHEAR CORRIDOR ▪ Major new discovery by Spartan at Dalgaranga (Never-Never and Pepper) ▪ Dalgaranga – Big Bell Corridor now hosts two multi million-ounce deposits ▪ E79 JV a
Slide 7: Pharos – Gold Overview: Multiple Gold Targets
PHAROS – GOLD OVERVIEW MULTIPLE GOLD TARGETS For personal use only OLIVERS PATCH – MIDDLE BORE SPLAY Underexplored Targets ▪ 10 km long NNW trend only sporadically tested ▪ Middle Bore – historic wide spaced RAB drilling intersected broad supergene blanket ▪ 18m @ 1.49 g/t Au in shallow RAB hole not
Slide 8: Pharos – Gold Overview: High-Grade Existing Targets
PHAROS – GOLD OVERVIEW HIGH – GRADE For personal use only EXISTING TARGETS Underexplored Targets ▪ Historic exploration identified multiple shallow gold targets ▪ Lantern: 7m @ 8.33 from 4m 16m @ 3.09 from 0m 12m @7.40 from 44m ▪ Cap Lamp: 5m @ 8.28 g/t Au from 9m ▪ Ulysses, Mt Mulcahy, Mustang Sall
Slide 9: Pharos & Jungar Flats JV Gold Drill Targets
P H A R O S & J U N G A R F L AT S J V Gold Drill Targets For personal use only WALK UP HIGH-GRADE TARGETS: Regional Context ▪ Olivers Patch Targets along 7km trend ➢ Cap Lamp ➢ Lantern ➢ Candle ▪ Ulysses – BIF hosted “Hill 50” style target ▪ Ulysses – 3km long trend ▪ Middle Bore and Afghan Bore –
Slide 10: Olivers Patch High-Grade Targets
P H A R O S & J U N G A R F L AT S J V Gold Drill Targets For personal use only OLIVERS PATCH HIGH-GRADE TARGETS: Regional Context ▪ Olivers Patch Targets along 7km trend ➢ Cap Lamp ➢ Lantern ➢ Candle ▪ Mustang Sally ▪ Terry’s ▪ Tank Light - Nick’s Find ▪ Middle Bore and Afghan Bore – southern 10km
Slide 11: Pharos: Ulysses Gold Targets
PHAROS Gold Drill Targets For personal use only ULYSSES GOLD TARGETS: Regional Context ▪ Multiple Targets along 3km trend ▪ Historic AC/RC drilling at 500m spacing ▪ BIF hosted “Hill 50” style target ▪ BIF/Fault Intersections priority targets ▪ RC drilling at New orientation 11
Slide 12: Pharos: Laterite Hill Gold Targets
PHAROS Gold Drill Targets For personal use only LATERITE HILL GOLD TARGETS: Regional Context ▪ Multiple Targets along 5km trend ▪ Historic AC/RC drilling sporadic at wide spacing ▪ Porphyry Hosted gold targets ▪ NW and NE trending shear hosted targets ▪ Mafic/Porphyry contacts priority targets ▪ RC
Slide 13: Pharos Gold Geochem: Auger-Assisted Soil Sampling
PHAROS Gold Geochem For personal use only AUGER – ASSISTED SOIL SAMPLING: Regional Context ▪ First ever systematic program ▪ Multiple target areas ▪ Ranked by priority ▪ Initial orientation sampling ▪ 160m by 20m spacing on EW lines ▪ Infill where required ▪ Multi-element approach 13
Slide 14: Scorpion Minerals Contact Details
S C O R P I O N M I N E R A L S C O N TA C T D E TA I L S Investor Relations For personal use only Michael Fotios CHIEF EXECUTIVE OFFICER michael.fotios@scorpionminerals.com.au +61-419-995-503 Pharos scorpionminerals.com.au scorpionminerals.com.au
Slide 15: Further Information: Appendices
F U R T H E R I N F O R M AT I O N Appendices For personal use only 15
Slide 16: Mt Mulcahy: Large Copper VMS System Yet to Be Fully Tested
MT MULCAHY Large Copper VMS System Yet to Be Fully Tested For personal use only Recent Review Highlights Potential Scale of Copper VMS System: ▪ Mt Mulcahy hosts a significant Cu-Zn-Ag-Au-Co resource in VMS stratigraphy similar to Golden Grove ▪ Existing resource of 647,000 tonnes @ 2.4% Cu, 1.8% Zn
Slide 17: Perses Prospect: PGE-Nickel-Copper-Cobalt Potential
PERSES PROSPECT PGE-Nickel- For personal use only Copper-Cobalt Potential Underexplored Targets Perses and Pallas Prospects:: ▪ Historic exploration tested magnetic targets with limited Air Core and RC ▪ Single air core traverse at Perses and one RC hole at Pallas ▪ Perses: 8m @ 1.02%Ni, 1096ppm Co
Slide 18: Poona: Extensive Lithium Corridor
POONA Extensive Lithium Corridor For personal use only Advanced Targets Recently Identified, Significant Exploration Regional Context Potential: ▪ Largely untested 50km strike zone of LCT pegmatites within the Project, including extensive LCT pegmatite swarms at Poona East and Poona West prospects (
Slide 19: Poona: Rare Metals - Tungsten
POONA Rare Metals - W For personal use only RECENTLY IDENTIFIED TUNGSTEN (W) Regional Context POTENTIAL: ▪ Tungsten targets identified within largely untested 50km strike zone of Rare Metal including LCT. ▪ Watkins target site of minor historic tungsten workings ▪ Poona tungsten prospect consists of
Slide 20: Poona East: Tungsten Targets
POONA EAST Tungsten Targets For personal use only Advanced Targets Recently Identified, Regional Context Significant Exploration Potential: ▪ Poona target untested. ▪ Historic soil sampling identified 2 significant anomalies ▪ Up to 1km in length ▪ Significant W anomaly in rock chip north of LCT peg
Slide 21: Previously Reported Technical Information
SCORPION MINERALS LIMITED Technical information included in this announcement has previously been provided to the market in releases dated: For personal use only • 07/11/2019 Option to Acquire Gold and Base Metal Projects • 20/10/2021 New Shallow High-Grade Gold Zone Confirmed at Cap Lamp • 15/01/20
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