Magmatic Resources Ltd. · ASX:MAG
Magmatic Resources — RIU Sydney Resources Round-Up 2024
15 slides from Magmatic Resources's conference presentation, May 8, 2024
Slide 1: Investor Presentation: Targeting the Next Major Copper-Gold Discovery in Australia
For personal use only Investor Presentation TARGETING THE NEXT MAJOR COPPER-GOLD DISCOVERY IN AUSTRALIA RIU Sydney Resources Round-Up 8 May 2024
Slide 2: Disclaimer and important information
Disclaimer and important information This is not a disclosure document. Any material used in this presentation is a summary of selected data, and any investor in the Company should refer to all Company ASX releases and statutory reports before considering to invest in the Company. Any forward-lookin
Slide 3: Corporate snapshot
Corporate snapshot Magmatic Resources 12-month share price chart Capital structure For personal use only Shares on issue 381,692,798 Share price as at 6 May 2024 $0.11 Market capitalisation $42.0M Cash balance as at 31 March 2024 $4.03M Debt $0.0M Options on issue – unlisted 29,000,000 Exercise pric
Slide 4: East Lachlan - A world class gold-copper province
East Lachlan - A world class gold-copper province Home to Australia’s largest gold mine East Lachlan region of NSW – a world-class copper-gold province >85Moz gold and >14Mt copper regional endowment1 Northparkes Mines: 22 Cu-Au porphyry deposits (Evolution/Sumitomo) For personal use only Cadia
Slide 5: Porphyry mines account for 70% of world copper supply
Porphyry mines account for 70% of world copper supply But global copper supply dominated by high-risk countries 2023 Expected Copper Rank Country Global Share Production (Mt) For personal use only st 1 Chile 5.0 23% nd 2 Peru 2.6 12% rd 3 D.R. Congo 2.5 12% th 4 China 1.7 8% th In Australian dollar
Slide 6: Myall Project
Myall Project New exploration partnership with Fortescue to target Tier 1 copper-gold discovery For personal use only New Farm-in and Joint Venture Agreement signed with FMG in March 2024 FMG to spend up to $14M over 6 years to earn up to 75% interest in Myall Myall close to infrastructure inc
Slide 7: Myall Project (copper-gold): Northparkes copper-gold district lookalike
Myall Project (copper-gold) Northparkes copper-gold district lookalike Myall Project – a Northparkes copper-gold district lookalike Myall-Narromine Intrusive Complex has similar age, composition and dimensions to the For personal use only MYALL PROJECT (MAG 100%) Northparkes Intrusive Complex (60k
Slide 8: Corvette and Kingswood deposits - drilling results
Corvette and Kingswood deposits – drilling results Very broad zones of copper-gold mineralisation returned from more than 13,000 metres of recent drilling Exceptional results from Corvette and Kingswood Porphyry-style mineralisation intersected over exceptionally wide intervals in multiple holes*:
Slide 9: Corvette and Kingswood target zone now extends over two kilometres
Myall Project Corvette and Kingswood target zone now extends over two kilometres Plan section of the Corvette and Kingswood region over MVI magnetics Plan section of the Corvette and Kingswood region over air photograph For personal use only 1000ppm Cu Plan section of the Corvette and Monzonite intr
Slide 10: Myall Project - regional potential
Myall Project – regional potential Recent intersections at Corvette highlights incredible potential of the broader Myall Project Very large-scale anomalous trends mostly untested More than 640 air core holes (~70,000m) completed For personal use only across the tenement by Gold Fields, Newcrest et
Slide 11: Wellington North Project
Wellington North Project Advanced target portfolio surrounding major Au-Cu discovery FINNS CROSSING- MAG tenure North of Australia's largest gold producer – Cadia Mines (ASX:NCM) MURGA (ALK) Porphyry - Skarn ALK tenure For personal use only Dominant position surrounding the 14.7Moz AuEq Boda-Kai
Slide 12: Wellington North Project: Upcoming program to target Boda-style discovery
Wellington North Project Upcoming program to target Boda-style gold-copper discovery Exploration has now recommenced at Wellington North with three target areas identified for near-term follow-up including For personal use only All three targets have confirmed nearby porphyry gold-copper mineral
Slide 13: Parkes Project
Parkes Project Orogenic gold targets along strike from Tomingley Gold Operations Major 20 kilometre orogenic gold trend ~30km along strike from Tomingley Gold Operations (TGO) / Tomingley South Discoveries For personal use only (ASX:ALK) TGO + Discoveries – 2.3Moz (ASX ALK 13 September 2023)
Slide 14: MAG investment proposition
MAG investment proposition Poised for Australia’s next major copper-gold discovery For personal use only Location Discovery Key projects in Australia’s Very large-scale porphyry premier porphyry hotspot discovery emerging at Myall Strategic Partnership Team Inspecting diamond core onsite at the Corv
Slide 15: References and contact details
References and contact details References MAG ASX announcements Alkane, 2023., Reserve and Resource Statement 2023, ASX release dated 13 September 2023 ASX MAG 10 October 2022 First Hole at Corvette Delivers 722m Copper Intersection CMOC., 2023. Northparkes Mining and Technical Information. http://w
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