Metal Bank Ltd · ASX:MBK
Metal Bank — Investor Presentation (October 2017)
30 slides from Metal Bank's investor presentation, Oct 4, 2017
Slide 1: Growth After Discovery
For personal use only GROWTH AFTER DISCOVERY OCTOBER 2017 ASX: MBK
Slide 2: Disclaimer
Disclaimer For personal use only Purpose of this document This presentation has been prepared by Metal Bank Limited (“MBK") for general information purposes only using the information available to MBK at the time of publication. No reliance The information contained in this presentation is not inves
Slide 3: Metal Bank Limited
Metal Bank Limited Gold – Exploration – Discovery – Development For personal use only Triumph Project Multiple high grade near surface discoveries in 12 months Drilling underway to develop a multiple open pit mining concept Bulk tonnage Au-Cu-Mo potential defined Eidsvold Project 18Moz Au esta
Slide 4: Our Team
Our Team discovery – financing – development – M&A For personal use only Inés Scotland Over 25 years in the mining industry – founding shareholder and MD of Citadel through its massive growth during the discovery/development of the Jabal Sayid copper project in Saudi Arabia and $1.3B sale Chair in
Slide 5: Discovery Driven Growth
Discovery Driven Growth our strengths For personal use only Track record of success – highly experienced board and management Exceptionally low cost exploration - $$ in the ground Organic growth – multiple high priority gold targets across two projects Exploration focused around Historical Goldf
Slide 6: Corporate Overview
Corporate Overview Metal Bank Limited For personal use only ASX: MBK 12 month share chart 0.04 Shares 713.8M 0.03 Options @ 3c 15M 0.02 Share price @ 03 Oct 2017 2.4c Cash @ 30 June A$3.0M 10M Market cap A$17M Board and Management Inés Scotland Non-Exec Chair Top 20 shareholders 64% Tony Schreck Man
Slide 7: Triumph Project
Triumph Project 15km2 gold system For personal use only Open Pit Mining Concept Multiple near surface high-grade Au-Ag intersections from limited drilling Drilling to develop Open Pit Mining Concept Bulk tonnage Au-Cu-Mo Potential defined– similar to other intrusion related large gold deposits
Slide 8: Triumph Project: high-grade Au-Ag open pit potential
Triumph Project high-grade Au-Ag open pit potential For personal use only Bald Hill Advance 15m @ 10.3g/t Au Historical underground from 9m mines 100m depth – no previous drilling New Constitution 10m @ 26.9g/t Au Super Hans from 51m 3m @ 6.5g/t Au from 6m Big Hans 18m @ 4.0g/t Au from surface Multi
Slide 9: Triumph Project: looking through cover with geophysics
Triumph Project looking through cover with geophysics For personal use only Resistivity IP Chargeability IP 9
Slide 10: New Constitution
New Constitution high-grade Au-Ag open pit potential For personal use only New Constitution 10m @ 26.9g/t Au, 165g/t Ag, 6% Zn from 51m Multiple high-grade structures identified RC and bedrock drilling planned Oct 2017 High Zn in outer halo of gold system similar to other large gold deposits i
Slide 11: New Constitution: outer halo to large gold system
New Constitution outer halo to large gold system For personal use only Au-Ag-Zn mineralisation – follow deeper Plan Near surface resource potential Long section Au-Ag-Zn 11
Slide 12: Big Hans – Super Hans
Big Hans – Super Hans high-grade Au-Ag open pit potential For personal use only Big Hans 18m @ 4.0g/t Au from surface Super Hans 3m @ 6.5g/t Au from 6m Early success with initial drilling RC and bedrock drilling planned Oct 2017 Two target feeder pits 12
Slide 13: Big Hans
Big Hans new 1.5km x 0.4km high-grade Au-Ag corridor For personal use only Big Hans – 18m @ 4.0g/t Au, 15g/t Ag from surface 13
Slide 14: Super Hans
Super Hans new 1.5km x 0.4km high-grade Au-Ag corridor For personal use only Super Hans – 3m @ 6.5g/t Au, 13g/t Ag from 6m 14
Slide 15: Bald Hill
Bald Hill high-grade Au-Ag open pit potential For personal use only Bald Hill 15m @ 10.3g/t Au from 9m Mineralisation now defined over 2.4km Only 400m of strike drill tested to date RC and bedrock drilling planned Oct 2017 15
Slide 16: Bald Hill: now defined over 2.4km
Bald Hill now defined over 2.4km For personal use only First Modern Exploration Near surface high-grade Au-Ag 16
Slide 17: Advance
Advance high-grade Au-Ag open pit potential For personal use only Advance Historical underground mines 100m depth Extensive historical workings No previous drilling RC and bedrock drilling planned Oct 2017 17
Slide 18: Triumph Project: bulk tonnage Au-Cu-Mo
Triumph Project bulk tonnage Au-Cu-Mo For personal use only Initial drilling at Chief Adachi indicates a ‘sideswipe’ or ‘near miss’ to a compelling IP geophysics resistivity low / bulk tonnage Au-Cu-Mo target Alteration typical of the outer zone of a large intrusion related gold system Drill Core Th
Slide 19: Triumph Project: strategy
Triumph Project strategy For personal use only Open Pit Mine Concept 5,000m of RC and diamond drilling targeting High-grade Au-Ag near surface resource multiple open pit mining concept – four feeder pits with potential for additional pits Shallow mining, low strip ratios, low cost Bulk tonna
Slide 20: Eidsvold Project
Eidsvold Project past production (100,000oz) early 1900’s For personal use only South East Queensland 250km2 of virtually unexplored, prospective 18Moz Au gold district fertile intrusive complex – 85% under sediment cover Entire intrusive complex secured Magnetite destruction (magnetic lows) a
Slide 21: Eidsvold Project: first mover advantage / opportunity
Eidsvold Project first mover advantage / opportunity For personal use only Early success targeting magnetic lows under sediment cover 21
Slide 22: Eidsvold Project: strategic goals
Eidsvold Project strategic goals For personal use only Achieve Exploration Success – continue to use geophysics to target large gold systems concealed by sediment cover around an historical goldfield. RC drilling of targets identified 22
Slide 23: Programme Ahead
Metal Bank Limited programme ahead For personal use only Triumph Project Multiple Open Pit mining concept Drilling for a near surface JORC Resource High-grade Au-Ag potential feeder pits near surface - RC Drilling 5,000m (New Constitution, Advance, Big Hans, Super Hans, Bald Hill) Bulk tonna
Slide 24: Planning to Deliver
Metal Bank Limited planning to deliver For personal use only Significant drilling programme commencing October 2017 Multiple open pit mining concept with potential for strong, near-term growth Potential to define a long life bulk tonnage Au-Cu-Mo system Motivated management team who have ski
Slide 25: Contact Us
Metal Bank Limited contact us For personal use only ASX Code: MBK www.metalbank.com.au Tony Schreck Managing Director +61 419 683 196 tony@metalbank.com.au “Go out and find me 100,000oz Au….. ……….and then grow it to 10Moz Au” 25
Slide 26: Appendix
For personal use only Appendix 26
Slide 27: Mt Wright Deposit in Nth Qld
Mt Wright Deposit in Nth Qld discovery using metal zoning For personal use only Zn-Ag-(Au) Triumph Project 200m Outer halo New Constitution Au-Bi-Cu-Ag Mt Wright Gold Deposit 1.3M Oz 600m Au-Bi-Cu 1000m From Resolute Mining 2016 - Mt Wright Gold Mine 27
Slide 28: Intrusion related gold systems (IRGS)
Metal Bank Limited intrusion related gold systems (IRGS) For personal use only Many large gold mine examples in Eastern Australia and SE Qld Potential to form giant deposits (Tier 1) Spectrum of overlapping deposit styles and structural settings - High-grade to bulk tonnage 28
Slide 29: Triumph Project: multiple gold systems are connected
Triumph Project multiple gold systems are connected For personal use only High grade Au-Ag represents leakage around bulk tonnage Au-Cu-Mo targets 29
Slide 30: Advance: historical underground mines
Advance historical underground mines For personal use only First modern exploration – no previous drilling 1906 30