Maritana Minerals Limited · ASX:MRT
Maritana Minerals — Horizon Minerals — Diggers and Dealers 2019
22 slides from Maritana Minerals's conference presentation, Aug 5, 2019
Slide 1: For personal use only
For personal use only
Slide 2: Disclaimer
For personal use only • This Presentation is provided on the basis that neither the Company nor its respective officers, shareholders, related bodies corporate, partners, affiliates, employees, representatives or advisers, make any representation or warranty (express or implied) as to the accuracy,
Slide 3: Emerging mid-tier gold producer in the West Australian goldfields
For personal use only Horizon Minerals Limited is an emerging mid-tier gold producer with high quality projects located in the heart of the West Australian goldfields. The Company is led by a Board and Management team with deep experience developing and operating successful gold mines within the Kal
Slide 4: Board and Management, share price and overview
For personal use only Board and Management 12 Month share price (A$) Peter Bilbe, Non-Executive Chairman $0.20 Ashok Parekh, Non-Executive Director $0.18 Jeff Williams, Non-Executive Director $0.16 Jon Price, Managing Director $0.14 Grant Haywood, Chief Operating Officer $0.12 Andrew Pumphrey, Gener
Slide 5: Company history and milestones
For personal use only Today 2019 Merger with MacPhersons complete 2018 Teal completed Potential Coolgardie gold generating A$7m cash project acquisition 2017 Teal completed generating A$7m cash with grade inline with reserve model at 3.2g/t Divested Menzies and Goongarrie for A$8m 2016 Teal cash flo
Slide 6: Boorara Gold Project
For personal use only • Located 10km east of Kalgoorlie in world class goldfield • Estimated Mineral Resource of 507,000oz Au1 • Approvals in place for an open pit mine development and construction of a new processing facility • Ideal location for a baseload mining and centralised processing operati
Slide 7: Kalgoorlie region growth projects
For personal use only • Core growth projects within 65km radius of Boorara including Teal, Binduli, Windanya, Baden Powell, Olympia, Balagundi, Kanowna Sth and Lakewood • Estimated Mineral Resource of 350koz1 • Recent drilling results from Crake prospect at Binduli included2: o 23m at 4.16g/t Au fro
Slide 8: Coolgardie region projects
For personal use only • Projects within 65km radius of Coolgardie including Anthill, Blister Dam, Area 54 and Yarmany • Estimated Mineral Resource of 125koz (Anthill)1 • Initial mine optimisation and design studies on Anthill underway • Dominant land position on the relatively untested Mt Ida Shear
Slide 9: Exclusivity deed for Coolgardie Gold Project
For personal use only • Exclusivity Deed signed with Focus Minerals NL (ASX: FML) for potential acquisition of the Coolgardie Gold Project1 • The project comprises2: o A quoted total of 2.1Moz in estimated Mineral Resources o A 1.2Mtpa CIL processing plant (currently on care and maintenance) and sig
Slide 10: Joint ventures
For personal use only • Horizon has a number of joint ventures in place at no cost – significant leverage to a total potential spend of $7M by partners • JVs provide exposure to active projects with quality partners while focus remains on building a mid-tier gold business • Ability to realise immedi
Slide 11: Enterprise value per Mineral Resource ounce
For personal use only Enterprise 160 Value per Mineral 140 Resource ounce (A$) 120 100 80 60 40 20 0 Bellevue Gold Capricorn EganStreet Breaker Echo Bligh Horizon Genesis Kin Mining Calidus Bardoc Gold (ASX:BGL) Metals Resources Resources Resources Resources Minerals Minerals (ASX:KIN) Resources (AS
Slide 12: Path to production timeline
For personal use only Consolidate all data and Commence resource to Assess near term mine Complete any further assign priority to reserve conversion production technical, stakeholder advanced projects for drilling for technical and opportunities using and approvals work development and economic eval
Slide 13: Investment highlights
WA goldfields High tonnage high grade High tonnage baseload feed at Contiguous land holding in the heart For personal use only Boorara complemented by high grade of the Western Australian goldfields satellite mines within easy trucking surrounded by all required services distance Highly experienced
Slide 14: Contact
For personal use only Jon Price Managing Director T: +61 (08) 9386 9534 F: +61 (08) 9389 1597 E: info@horizonminerals.com.au W: www.horizonminerals.com.au PO Box 1104 Nedlands WA 6909 163 Stirling Highway Nedlands WA 6009 14
Slide 15: For personal use only
For personal use only 15
Slide 16: Board and management profiles
For personal use only Jon Price, Managing Director Peter Bilbe, Non-Executive Chairman • Metallurgist with more than 27 years’ experience • Mining Engineer with over 40 years’ experience • Former GM of St Ives and Paddington gold mines and founding Managing Director of • Has held senior management p
Slide 17: Summary of Gold Mineral Resources
For personal use only Horizon Minerals Limited – Summary of Gold Mineral Resources (at a 1g/t Au cut-off grade) Deposit Measured Indicated Inferred Total Resource (1g/t cut-off) Mt Au (g/t) Oz Mt Au (g/t) Oz Mt Au (g/t) Oz Mt Au (g/t) Oz Teal 2.91 2.08 194,848 1.34 2.19 94,140 4.25 2.11 288,833 Menz
Slide 18: Boorara and Nimbus resources
For personal use only Boorara Gold Resource (at a 0.5 g/t Au cut-off grade) Nimbus All Lodes (bottom cuts 12 g/t Ag, 0.5% Zn, 0.3 g/t Au) Category Tonnes Grade Ounces Category Tonnes Grade Grade Grade Ounces Ounces Tonnes Mt Au (g/t) (k'000) Ag Au Mt Ag (g/t) Au (g/t) Zn (%) (k'000) (Moz's) (k'000)
Slide 19: Coolgardie Gold Project resources and reserves
For personal use only Coolgardie Gold Project – Summary of Mineral Resources and Ore Reserves Measured Resources Indicated Resources Inferred Resources Total Resources Tonnes Grade Au Tonnes Grade Au Tonnes Grade Au Tonnes Grade Au Ounces Ounces Ounces Ounces '000t g/t '000t g/t '000t g/t '000t g/t
Slide 20: Competent Person's Statement and Confirmations
For personal use only • Competent Person’s Statement and Confirmations – Mineral Resources • The information in this Presentation that relates to Focus’ Mineral Resources estimates for the Coolgardie Gold Project is based on information originally reported in Focus’ ASX announcements “Mineral Resour
Slide 21: Forward-looking statements
For personal use only • As noted on Slide 2, some statements in this Presentation regarding estimates or future events are forward looking statements. They include indications of, and guidance on, future earnings, cash flow, costs and financial performance. Forward looking statements include, but ar
Slide 22: Peer comparison table
For personal use only Company ASX Code Enterprise Value (A$) Mineral Resource (koz) Development Stage Bellevue Gold BGL 266.7 1800 Exploration Capricorn Metals CMM 156.4 1525 Feasibility EganStreet Resources EGA 41.9 454 DFS Breaker Resources BRB 77.6 1084 PFS Echo Resources EAR 124.4 1755 BFS Bligh