Juno Minerals Ltd. · ASX:JNO
Juno Minerals — Shareholder Meeting (November 2023)
36 slides from Juno Minerals's shareholder meeting presentation, Nov 20, 2023
Slide 1: Investor Presentation - Central Yilgarn Projects
Investor Presentation For personal use only Central Yilgarn Projects Mount Mason DSO Hematite Mount Ida Lithium Prospect Mount Ida Magnetite 20 November 2023
Slide 2: Disclaimer
Disclaimer IMPORTANT: Please read the following before continuing. This Presentation has been prepared by Juno Minerals Limited ACN 645 778 892 (Juno or the Company) solely for information purposes. This Presentation has not been approved by any regulatory or supervisory authority. For purposes of t
Slide 3: Board & Management
Board & Management David Moroney Greg Durack Patrick Murphy Independent Chair Managing Director & CEO Non-Executive Director & Non-Executive Director Greg has over 38 years experience in Patrick is a managing director at For personal use only David is an experienced finance operations and project de
Slide 4: Corporate Snapshot
Corporate Snapshot Capital Structure Share price (at 17 November 2023) $0.085 For personal use only Shares on issue 161,402,995 Juno Share Price History Market capitalisation $13.72m 0.14 Cash $2.7m¹ 0.12 Debt Nil 0.10 Options 2.4m 0.08 Top Shareholders (as at 9 November 2023) 0.06 Ntsimbintle Holdi
Slide 5: Central Yilgarn Projects
Central Yilgarn Projects For personal use only • Juno Minerals projects are located in the Central Yilgarn ~ 110km NW of Menzies. • Juno Minerals has a significant land holding in the region for its projects, including significant water licence tenure north and south of the project area. • Access to
Slide 6: Central Yilgarn Projects
Central Yilgarn Projects For personal use only • Juno Minerals is progressing development of the Mount Mason DSO Hematite Project. • Juno Minerals commenced evaluation of lithium potential in 2022 on the Mount Ida mining tenement. A systematic program has identified two significant lithium soil geoc
Slide 7: Mount Mason DSO Hematite Project
For personal use only Mount Mason DSO Hematite Project 7
Slide 8: Mount Mason DSO Hematite Project
Mount Mason DSO Hematite Project For personal use only Key points: • Well advanced, proven DSO Mineral Resource. • All Statutory approvals received for project development. • Non-binding Indicative Track Pricing received from Arc Infrastructure (below rail operator). • Non-binding MOU executed with
Slide 9: Mount Mason Logistics
Mount Mason Logistics The Project is located approximately 110km NW of Menzie For personal use only • A new haul road (28.2km) will be built from site to the Menzies North-West road. • A Menzies bypass road (9.3km) to the Yunndaga rail siding site is approved. • The Yunndaga rail siding site is full
Slide 10: Yunndaga Rail Siding
Yunndaga Rail Siding The Yunndaga Rail siding is an important piece of For personal use only infrastructure for both Mount Mason and Mount Ida • Located 5km south of Menzies, with full statutory approvals received for development. • Site is 2.6km long and 500m wide encompassing the rail track and th
Slide 11: Mount Ida Lithium Prospect
For personal use only Mount Ida Lithium Prospect 11
Slide 12: Prospectivity Assessment - SRK
Prospectivity Assessment - SRK Desktop assessment completed by SRK Consulting – September 2022, “Mount Ida For personal use only project area prospectivity assessment Technical Memorandum”. Brief conclusion below, recommendation was to undertake geological mapping and geochem soil sampling. “Conclus
Slide 13: Geological Mapping
Geological Mapping Dr Mike Grigson, Arc Minerals Consultants, was commissioned to undertake the For personal use only geological mapping at Mount Ida in December 2022 “Geological setting and controls on pegmatite intrusions in the Mount Ida project area, Western Australia.” February 2023 Mike has un
Slide 14: Phase 1 Geochem Soils
Phase 1 Geochem Soils • Phase 1 a soil sampling program For personal use only over terrain amenable to systematic broad-spaced, 500 by 100m grid, 244 samples. • A significant 3km long by 0.5 to 1 km wide north-south trending geochemical anomaly identified. • North-south anomaly trending away from Fa
Slide 15: Central Yilgarn - Known LCT Pegmatites
Central Yilgarn – Known LCT Pegmatites • Soil sampling program within the For personal use only “Goldilocks zone” • Mount Ida and Mount Mason mining leases open to further soil sampling • Delta Lithium’s Mt Ida 12.7Mt @ 1.2% Li2O ~ 19km north of Mount Ida Lithium Prospect Phase 1 Soils 15
Slide 16: Phase 1 Drilling
Phase 1 Drilling Phase 1 RC drilling, 14 planned broad spaced 100m holes testing the interpreted For personal use only Faults 1and 2 structure (red dots) • 13 holes intersected pegmatite with no elevated LCT mineral values (<1000ppm Li2O). • Post soil sampling, holes 23MIRC01 to 04 were shown to be
Slide 17: Phase 2 Infill Geochem Soils
Phase 2 Infill Geochem Soils • Phase 2 infill soil sampling program For personal use only completed on a 100 by 100m grid, 224 samples. • Two significant well-defined Li-Cs-Rb-Be soils Geochem anomalies were identified. • Each anomaly is approximately 1000m long and up to 500m wide, trending north-s
Slide 18: Phase 2 Drill Program
Phase 2 Drill Program • Infill soil sampling has enhanced the For personal use only potential for the discovery of rare-metal pegmatite intrusions. • Two clear exploration-target zones coincident with the Li-Cs-Rb-Be geochemical anomalies are now well defined – this is a fertile system. • Initial pr
Slide 19: Geochemical Soils Review
Geochemical Soils Review • The results of the two phases of soils sampling were geochemically For personal use only reviewed using the Prospectively Index which incorporates all the LCT elements. • A total of ten areas of interest were delineated from the Prospectively Index within the anomalies. •
Slide 20: Phase 2 Drill Program - Revised
Phase 2 Drill Program – Revised For personal use only 20
Slide 21: Revised Drill Position - Pegmatite Outcrop
Revised Drill Position – Pegmatite Outcrop For personal use only 21
Slide 22: Regional Activity - Mt Ida Fault
Regional Activity – Mt Ida Fault • Mt Ida Lithium – Delta Lithium. For personal use only • IGO in JV with St George at Mt Alexander’s project – north. • IGO in JV with Venus Metals at Henderson – south. • Hancock secured lithium and nickel rights on Mt Bevan JV farm-in with Legacy and Hawthorn – exp
Slide 23: Mount Ida Magnetite Project
For personal use only Mount Ida Magnetite Project 23
Slide 24: Mount Ida Magnetite Project
Mount Ida Magnetite Project Key Points: For personal use only • Large resource – 1.85 billion tonnes at 29.5% Fe) that can be beneficiated to produce a high-grade premium iron concentrate of 67% Fe. • Granted Mining Lease. • Significant tenure holding for infrastructure and water exploration. • Pote
Slide 25: Mount Ida Magnetite Project
Mount Ida Magnetite Project • Over $50m previously invested in the Project. • 100,000 metres of RC and Diamond drilling completed, For personal use only resource and geotechnical. • Feasibility Study 70% completed prior to ceasing work in 2013. • Next steps (after Mount Mason is in production): o Un
Slide 26: Mount Ida - Conceptual Site Plan
Mount Ida - Conceptual Site Plan Waste Rock For personal use only Dump Central Pit TMF Cell 1 and 2 Power station Crusher Process plant Village and Airstrip Mine access road Road to Menzies Concentrate pipeline route to Yunndaga rail siding Southern bore Mount Ida – Conceptual Site Plan 26 field 26
Slide 27: High Grade Magnetite
High Grade Magnetite Mount Ida can produce on average 67% Fe Iron Product pricing magnetite concentrate. Magnetite For personal use only $250.00 concentrate is becoming the preferred smelter feed stock due to: $200.00 • Consistent product specifications and quality • Produces a higher quality steel
Slide 28: New Magnetite Project Activity
New Magnetite Project Activity • Fortescue Metals Group Limited’s (FMG) Ironbridge 22mtpa magnetite project in the Pilbara, currently in commissioning phase. For personal use only o Commissioning March quarter 2023 (ASX announcement, Investor Presentation 4 May 2022) • FMG one year review of Sinoste
Slide 29: Yilgarn Magnetite Projects
Yilgarn Magnetite Projects For personal use only Yilgarn Magnetite Projects 29
Slide 30: Yilgarn Magnetite Projects - Grades and Resources
Yilgarn Magnetite Projects – Grades and Resources 37% For personal use only Legacy and Hawthorn - Mt Bevan 35% (Hancock JV) 1,170 Mindax - Mt Forrest 34.90% 1,710 31.80% 33% Cashmere Iron - Cashmere Downs Juno has the Grade (%Fe) 1,200 32% largest 31% magnetite resource in the Yilgarn 29% region Mac
Slide 31: Australian Magnetite Projects
Australian Magnetite Projects Market Measured and/ % Total Company Project Capitalisation Cash ($m)2 or Indicated Ownership Resource (mt) ($m)1 Resources (mt) For personal use only Juno Minerals Limited Mount Ida 100.0 13.7 1.61 1846.0 3 1062.0 Macarthur Minerals Limited Lake Giles 100.0 20.8 0.87 1
Slide 32: Appendices
For personal use only Appendices 32
Slide 33: Mineral Resources Estimates of the Mount Mason DSO Hematite Project
Mineral Resources Estimates of the Mount Mason DSO Hematite Project In accordance with JORC Code (2012) at January 2018: For personal use only Fe SiO2 Al2O3 P S CaO MgO LOI Classification Tonnes (%) (%) (%) (%) (%) (%) (%) (%) Measured 4,800,000 60.3 7.37 2.90 0.05 0.01 0.03 0.04 2.63 Indicated 1,08
Slide 34: Mineral Resources Estimates of the Mount Ida Magnetite Project
Mineral Resources Estimates of the Mount Ida Magnetite Project In accordance with JORC Code (2012) at January 2018: For personal use only Central Zone based on Unweathered BIF with a 10% Magnetic Fe block grade cut-off Tonnes Fe SiO2 Al2O3 CaO P S LOI MgO MnO Zone/Class Material x106 (%) (%) (%) (%)
Slide 35: Mineral Resources Estimates of the Mount Ida Magnetite Project
Mineral Resources Estimates of the Mount Ida Magnetite Project In accordance with JORC Code (2012) at January 2018: For personal use only South and North Zone based on Unweathered BIF with a 10% Magnetic Fe block grade cut-off Fe SiO2 Al2O3 CaO P S LOI MgO MnO Zone/Class Material Tonnes x106 (%) (%)
Slide 36: Mineral Resources Estimates of the Mount Ida Magnetite Project
Mineral Resources Estimates of the Mount Ida Magnetite Project In accordance with JORC Code (2012) at January 2018: For personal use only Combined Central, South & North Zones based on Unweathered BIF with a 10% Magnetic Fe block grade cut-off Fe SiO2 Al2O3 CaO P S LOI MgO MnO Zone/Class Material To