Metal Bank Ltd · ASX:MBK
Metal Bank — Investor Presentation (June 2021)
12 slides from Metal Bank's investor presentation, Jun 7, 2021
Slide 1: Copper, Cobalt and Gold in Queensland
For personal use only COPPER, COBALT AND GOLD IN QUEENSLAND A DVA N C E D C O P P E R A N D C O B A LT – R E S O U R C E G R OW T H E X P LO R AT I O N G O L D – R E S O U R C E D E F I N I T I O N JUNE 2021 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: Current Projects
Metal Bank Limited Current Projects For personal use only Millennium Project - contains an inferred Cu equivalent Mineral Resource of 5.9MT1 with substantial growth upside. Binding Term sheet executed for MBK option to earn up to 80%. Drilling planned. 8 Mile Project – near Mt Rawdon gold mine (2Moz
Slide 4: Millennium Copper & Cobalt Project
Millennium Copper & Cobalt Project For personal use only The Millennium Project holds an inferred 2012 JORC resource of 5.9MT @ 1.08%CuEq1 across 5 granted Mining Leases with significant potential for expansion The Project presents an excellent opportunity to advance and develop a copper-cobalt asse
Slide 5: Millennium Location & Growth Potential
Millennium Location & Growth Potential For personal use only Significant Resource Growth Location: Potential: Very close to Resource zone open Rocklands and along strike and at in a central depth mining region known for Northern Target not significant yet drilled copper and cobalt Corella and Federa
Slide 6: Millennium Commercial Terms
Millennium Commercial Terms For personal use only MBK and GEMC have signed a Term Sheet for an exclusive option to earn in and JV the Project Phase 1 provides MBK with a 6 month exclusive option period, to undertake further due diligence and an initial exploration program At the end of the Option Pe
Slide 7: 8 Mile Advanced Gold Project
8 Mile Advanced Gold Project For personal use only Located near Mt Rawdon gold mine (2Moz) Multiple large-scale gold targets along >3.6km mineralised corridor at Eastern Target Maiden Inferred Mineral Resource* 195,000t at 2.4 g/t Au using a 1 g/t Au cut-off and Exploration Target* 3.6 to 5.1 Mt gra
Slide 8: Eidsvold Project Alteration Zones & Planned Work
Eidsvold Project Alteration Zones & Planned Work For personal use only 2021 Great Eastern Target drilling intersected strong alteration zones and narrow high-grade mineralisation returning 1m @ 0.25g/t Au, 139g/t Ag, 5.2% Pb-Zn and 0.12% Cu1 Location of the hydrothermal system west of the central in
Slide 9: Corporate Overview
Corporate Overview Metal Bank Limited For personal use only ASX: MBK Shares 1,189M Options 1.5 cents exp 31/3/2022 165.8M Share price @ 1 June 2021 1c Cash @ 30 March 2021 $1.57M Market cap $11.89M Top 20 shareholders 47% Strong shareholder and Directors / Management 17% management support 9
Slide 10: Experienced Team
Experienced Team With a track record of success For personal use only Inés Scotland – Executive Chair Former MD of Citadel Resource Group and CEO of Ivanhoe after working for large scale gold and copper companies in Australia, PNG, USA and the Middle East Rhys Davies – Exploration Manager Extensive
Slide 11: Looking Ahead
Looking Ahead Project Growth, Exploration & BD For personal use only Millennium Copper & Cobalt Significant expansion potential: initial exploration program including drilling in the untested Northern Target area Eidsvold & 8 Mile - Gold Eidsvold: Exploration to the west of the Great Eastern Target
Slide 12: Contact Us
Metal Bank Limited contact us For personal use only ASX Code: MBK www.metalbank.com.au Inés Scotland Executive Chair Ines@metalbank.com.au Sue-Ann Higgins Executive Director and Company Secretary sue-ann@metalbank.com.au 12