Minrex Resources Limited · ASX:MRR
Minrex Resources — Investor Presentation (April 2021)
14 slides from Minrex Resources's investor presentation, Apr 29, 2021
Slide 1: MinRex Resources Limited
For personal use only MINREX RESOURCES LIMITED ASX:MRR Advancing historic deposits with modern methods. @MinrexResources www.minrex.com.au
Slide 2: Disclaimer
DISCLAIMER: MinRex Resources Limited ABN 81 151 185 867 (Company) has prepared this deck. While all Competent Persons Statement For personal use only reasonable care has been taken in preparing this document, the Company and its The information in this report that relates to Exploration Targets and
Slide 3: Company Highlights
COMPA NY HI G HL I GHT S For personal use only DEFLECTOR (WA) SOFALA (NSW) WORLD CLASS HISTORIC DIVERSIFIED MINERAL DEFINED EXPLORATION TARGETS CORPORATE STRENGTH EXPLORATION REGIONS PORTFOLIO NSW – New portfolio of project ü Gold ü 7 exploration prospects with ü $2.69M cash balance for acquired in
Slide 4: Company Performance and Plans
COMPA NY PE RFORMA NCE A ND PL A NS For personal use only PAST 6 MONTHS OF HISTORIC DRILLING NEW GOLD PROSPECT JOINT VENTURE MAJOR NSW ACQUISTION PERFORMANCE (DECEMBER 2020) DATABASE DISCOVERY AT WILES AGREEMENTS SIGNED (FEBRUARY 2021) (FEBRUARY 2021) (January 2021) Completion of the acquisition of
Slide 5: Corporate Summary
CORPORA T E SU MMA R Y For personal use only MinRex Resources Limited is a gold and base metals explorer with a focus on highly prospective projects in NSW and WA. CAPITAL STRUCTURE ASX Code MRR Share Price (12 April 2021) A$0.022 1 Year Change +64.29% 12 Month Range 0.009 - 0.054 Shares on Issue 55
Slide 6: NSW Projects: A World Class Mining Region
NSW PROJECTS A WORLD CLASS For personal use only MINING REGION WHY THE LACHLAN FOLD BELT? ü Prior exploration was undertaken at a time of low gold prices – exploration on MRR ground that was overlooked at a $500/oz gold price is more promising at $1700/oz. ü Potential to bring identified historic re
Slide 7: NSW Portfolio - Key Projects, Mineralization Types, 5 Commodities
NS W PORT F OL I O - 3 KEY PROJECTS, 4 MINERALIZATION TYPES, 5 COMMODITIES SOFALA MT PLEASANT SUNNY CORNER For personal use only COMMODITY Gold Silver, Copper, Zinc Silver, Copper, Zinc, Molybdenum LOCATION Lachlan Fold Belt, NSW Lachlan Fold Belt, NSW Lachlan Fold Belt, NSW DEPOSIT STYLE Orogenic V
Slide 8: The Second Sofala Gold Rush
T H E S ECOND S OF A L A GOL D R U S H For personal use only SOFALA 1889 SOFALA 2021 8
Slide 9: Sofala – Historic Mines and New Discoveries
S OF A L A – H I S T OR I C MI NES A ND NEW D I S COV ER I ES For personal use only • Workings dating back to 1851. • Over 100 RC and Diamond holes drilled on prospects. • 8 prospects with substantial drill results located along 4.5km of the Big Oakey Fault fault. • Potential for a number of shallow
Slide 10: New Gold Discovery – Wiles Prospect
NEW GOL D D I S COV ERY – WI L ES PR OS PECT For personal use only • Discovered in 2018 with exceptional soil sampling. • Mineralisation confirmed with shallow RC drilling by joint- venture partner (Wattle Resources). • Exploration potential for deeper drilling. • Drilling approvals already obtained
Slide 11: New Gold Discovery – Wiles RC Drilling
NEW GOL D D I S COV ERY – WI L ES R C D R I L L I NG CROSS SECTION – WRFC004 For personal use only CROSS SECTION – WRFC005 • Shallow drilling with significant mineralization. • Approval for at least 5 additional holes already granted. • Additional soil anomalies not yet drilled. • Recent exploration
Slide 12: Historic Gold Mine - Queenslander
H I S T OR I C GOL D MI NE - QU EENS L A ND ER For personal use only HISTORY • Located on a fault intersection. • 4,056 ounces produced in the late 19th and early 20th century. 8.84/4.7 4 • Significant high grade drill intersections. 1.34/52 .2 1/1.06 4.84/1.9 EXPLORATION STRATEGY 2 • Minrex current
Slide 13: Our Team
OU R T EA M For personal use only Experienced team with a track record of success in Lachlan Fold Belt exploration. MR R D I R ECT OR S A ND EXECU T I V ES Stuart Till George Karageorge James Bahen James Pearse Glenn Whiddon Chief Operating Officer Non-Executive Director Non-executive Director Non-e
Slide 14: Contact Us
CONT A CT U S For personal use only ASX:MRR Level 11, 216 St Georges Terrace Perth Address WA 6000 Director George Karageorge Key Contact Email George.Karageorge@minrex.com.au Telephone 0419 944 484 @MinrexResources www.minrex.com.au 14
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