Medallion Metal Ltd · ASX:MM8
Medallion Metal — Medallion Metals — 121 Mining Investment Conference and Deutsche Goldmesse 2023
19 slides from Medallion Metal's conference presentation, Nov 20, 2023
Slide 1: Investor Presentation (ASX announcement)
20 November 2023 ASX:MM8 Investor Presentation For personal use only Medallion Metals Limited’s Managing Director, Paul Bennett will be attending the 121 Mining Investment Conference and Deutsche Goldmesse this week and providing a range of investor updates. The presentation to be delivered is attac
Slide 2: Capitalising on Critical Mass – European Conferences & Roadshow
For personal use only Capitalising on Critical Mass European Conferences & Roadshow Investor Presentation 20 November 2023 ASX: MM8 medallionmetals.com.au |
Slide 3: Important Notices
Important Notices Nature of Document: This presentation has been prepared and issued by Medallion Metals Ltd (Company) to provide general information about the Company. The information in this document is in summary form and should not be relied upon as a complete and accurate representation of any
Slide 4: Value proposition
Value proposition BELT SCALE OPPORTUNITY For personal use only Multi-Million Ounce potential, Tier 1 Jurisdiction CRITICAL MASS 1.6Moz AuEq @ 2.6g/t near surface, open DE-RISKED Licences, Approvals, Infrastructure in place, PFS completed FUNDED & ACTIVE 54,000m completed, more to come OPTIONALITY Ne
Slide 5: Corporate Overview
Corporate Overview Corporate structure (ASX: MM8) John Fitzgerald Non-Executive Chair at 18 November 2023 Mr Fitzgerald has over 30 years’ resource financing experience and is a Non- Executive Director of Northern Star Limited, a Non-Executive Chairman of Turaco Gold Limited. For personal use only 3
Slide 6: Peer comparison
Peer comparison At $13/oz (Au basis), EV/Resource ($/oz) Select ASX Peers: Medallion provides significant value $50/oz relative to ASX WA Gold 3.00g/t Peers, at a peer leading For personal use only $45/oz Resource grade profile 2.40g/t 2.38g/t 2.50g/t $40/oz 2.10g/t $35/oz 2.00g/t $30/oz 1.60g/t 1.5
Slide 7: Ravensthorpe Gold Project – critical mass with upside
Ravensthorpe Gold Project – critical mass with upside MM8 has the dominant landholding across the Annabelle Volcanics 40km of prospective stratigraphy For personal use only 130koz Au and 20kt Cu metal produced Flotation field, 50:50 value split from Au/Cu South of RGP, Archaean dips beneath
Slide 8: Kundip Mining Centre – low risk profile, significant upside
Kundip Mining Centre – low risk profile, significant upside Not typical of WA goldfields, units (andesites vs basalts), chemistry (calc-alkaline vs tholeiitic) KMC is a strongly mineralised, multi-deposit, medium For personal use only grade Au-Cu system – Deflector analogy (ASX: SLR) Average d
Slide 9: February 2023 Mineral Resource Estimate
February 2023 Mineral Resource Estimate Isometric projection of Kundip MRE, looking down and to the east. For personal use only 2.5km system strike length, open mulitple directions ~44,000m 1.3Moz Au 59kt Cu 1.6Moz AuEq of new drilling informs MRE @ 2.1g/t +93% @ 0.3%+238% @ 2.6g/t+112% 63% 76% Unde
Slide 10: PFS: Highlights
PFS: Highlights 92koz1 AuEq per annum for 9 years generating $85m per annum pre-tax For personal use only cash flow (~$100m at spot prices) Macro assumptions; Au price US$/oz 1,875 Ag price US$/oz 20 Cu price US$/t 7,275 FX rate AU$:US$ 0.64 Isometric view of KMC layout (looking NE) showing mine 1:
Slide 11: Solid Foundations – Multiple Growth Opportunities
Solid Foundations STUDIES PFS For personal use only MULTIPLE GROWTH OPPORTUNITIES 1.6Moz AuEq MRE MM8 holds 15.7m shares 4,000ozpvm ++, open & shallowly drilled EXTENSIONS JERDACUTTUP 400km2 sedimentary basin Lode intersections, Proterozoic cover, Confirmed SedEx Multiple isolated ore grade hits, go
Slide 12: A Compelling Opportunity
A Compelling Opportunity Advanced gold and copper exploration in WA, with ambitions to build a mine For personal use only Focused investment in the assets leading to de-risking and growth Experienced Board and Management in financing, building and operating assets Critical mass achieved at KMC with
Slide 13: Appendices
For personal use only Appendices medallionmetals.com.au | 12
Slide 14: Appendix 1: RGP Mineral Resources
Appendix 1: RGP Mineral Resources Mineral Resource Estimate for the Ravensthorpe Gold Project, January 2023 Mineral Resource Estimate for the Kundip Mining Centre - January 2023 Indicated Inferred Total Resources kt Au g/t Au koz Cu % Cu kt kt Au g/t Au koz Cu % Cu kt kt Au g/t Au koz Cu % Cu kt AuE
Slide 15: Appendix 2: Trilogy Mineral Resources
Appendix 2: Trilogy Mineral Resources Mineral Resource Estimate for the Trilogy Deposit, March 2018 Trilogy - March 2018 Au Ag Cu Pb Zn Au Ag Cu Pb Zn kt g/t g/t % % % koz koz kt kt kt Oxide Indicated 129 2.4 85.3 0.5 - - 10 354 0.6 - - For personal use only Open Pit (Cu_Eq Inferred 336 1.9 71.7 0.1
Slide 16: Appendix 3: Detailed Peer Data
Appendix 3: Detailed Peer Data Development Stage Market Cap Cash & Investments Debt Measured Indicated Inferred Total Reserves Ticker Company EV Source (5) (3) (1) (2) (2) (4) (4) (4) (4) (4) (A$ Millions) koz g/t koz g/t koz g/t koz g/t koz g/t For personal use only AUC Ausgold Ltd Feasibility Stud
Slide 17: Appendix 4: Additional Disclosures
Appendix 4: Additional Disclosures PREVIOUSLY REPORTED INFORMATION References in this presentation may have been made to certain ASX announcements, including exploration results, Mineral Resources, Ore Reserves, production targets and forecast financial information. For full details, refer to said a
Slide 18: Achievements & Outlook
Achievements & Outlook PFS Successful Technical and Commercial Milestones Complete Drilling Drilling Drilling For personal use only ~ 54,000m of RC & DDH completed ~ $2.2m Camp EPA/EPBC rental deal Referral Testwork KMC MRE update, H121 H221 H122 H222 H123 $5m equity Regional Regional basis of raisi
Slide 19: Contact
For personal use only CONTACT: MAIN OFFICE: @MM8_Medallion info@medallionmetals.com.au Suite 1/11 Ventnor Avenue, medallionmetals.com.au West Perth WA 6005 (08) 6424 8700 PROJECT: 91 Queen Street, Ravensthorpe WA 6346 medallionmetals.com.au |
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