Mount Ridley Mines Limited · ASX:MRD
Mount Ridley Mines — Share Cafe Micro/Small Cap "Hidden Gems" Webinar (April 2021)
13 slides from Mount Ridley Mines's conference presentation, Apr 23, 2021
Slide 1: Investor Webinar Presentation
ASX ANNOUNCEMENT For personal use only INVESTOR WEBINAR PRESENTATION 23 April 2021 Mount Ridley Mines Limited (ASX: MRD) (“Mount Ridley” or “the Company”) is pleased to announce its participation in the Share Cafe Webinar - Micro/Small Cap "Hidden Gems" Webinar to be held today (Friday 23 April 2021
Slide 2: Weld Range West Iron Project: Drilling the next Mid-West Iron Project
For personal use only Weld Range West Iron Project: Drilling the next Mid-West Iron Project Investor Presentation April 2021
Slide 3: Disclaimer - Forward Looking Statements
For personal use only Disclaimer - Forward Looking Statements • This presentation may contain forward-looking statements. Where the Company expresses or implies an expectation or belief as to future events or results such expectation or belief is expressed in good faith and believed to have a reason
Slide 4: Corporate Summary
Corporate Summary For personal use only Board Share Price $0.008 Shares (m) 4,224.1 Peter Christie Graeme Johnston Johnathon Busing Market Capitalisation (m) $33.8 Company Secretary Chairman Non-Executive Director Options (m) 1,556.8 25 yrs Accountant / Public and 30 yrs Geologist / Iron, Gold resou
Slide 5: Projects
For personal use only Projects • Weld Range West (Fe) • Mount Ridley (Ni-Cu-PGE) 4
Slide 6: The Weld Range West Iron Project
The Weld Range For personal use only West Iron Project • 490km from Geraldton • Sealed road to the Project • Ore previously trucked from Jack Hills, which is further away SinoSteel Midwest Corporation • 1Weld Ranges: (300+ Mt – Beebyn, Madoonga deposits): Fenix Resources Ltd (ASX: FEX) ($132 M marke
Slide 7: The Weld Range West Iron Project
The Weld Range For personal use only West Iron Project • Weld Ranges are 66km long • MRD holds 12km or 18% • Sinosteel holds 54km or 82% • Sinosteel quotes 300+ million tonnes of iron ore at Beebyn and Madoonga deposits Exploration Target is between 5Mt and 30Mt of DSO Massive Iron Mineralization 6
Slide 8: Target Preparation
Target Preparation For personal use only • Heritage Protection Surveys and • Flora survey Completed with few issues. • Mapping and rock chip sampling • Processing of existing geophysical data
Slide 9: Outlook
Outlook For personal use only • 1st pass RC Drilling • Gravity and ground magnetic survey then update geophysical modelling • 2nd pass RC Drilling • $3 Million budget for 2021 DSO Iron Target 8
Slide 10: Drilling Commenced
Drilling For personal use only Commenced • 1st pass RC Drilling underway • Up to 50 drill holes, 5,000m • Results due by EO May 2021 9
Slide 11: The Weld Range West Iron Project
The Weld Range For personal use only West Iron Project • Initial target 5 Mt, progressively growing this to >30 Mt. • MRD has 18% of the Weld Ranges, thus provides an unparalleled opportunity to achieve this objective • Initial Program and Budget to discover both DSO Haematite and Channel Iron for $
Slide 12: The Mount Ridley Nickel Project
The Mount Ridley For personal use only Nickel Project Nickel Sulphides • Fraser Range Sub-basin • Targets generated through detailed geophysical data interrogation • Drilling to generate lithochemistry: vectors to Nova-Bollinger – styled mafic intrusions • Further drilling planned during 2021 11
Slide 13: Contact Information
Contact Information For personal use only Phone Email +61 8 6165 8858 info@mtridleymines.com.au Website Address www.mtridleymines.com.au Ground Floor, 168 Stirling Hwy Nedlands, WA, 6009
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