Magmatic Resources Ltd. · ASX:MAG
Magmatic Resources — Noosa Mining Investors Conference 2023
17 slides from Magmatic Resources's conference presentation, Jul 19, 2023
Slide 1: Targeting the Next Major Copper-Gold Discovery in Australia
For personal use only Investor Presentation TARGETING THE NEXT MAJOR COPPER-GOLD DISCOVERY IN AUSTRALIA Noosa Mining Investors Conference 19 JULY 2023
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 PERFORMANCE For personal use only CAPITAL STRUCTURE Shares on issue 305,692,798 Share price at 18 July 2023 $0.071 Market Capitalisation $21.7M Cash Balance as at 31 Mar 2023 $4.7M Debt $0.0M Options on issue – unlisted 28,500,000 Exercise p
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 – A WORLD CLASS GOLD-COPPER PROVINCE CORVETTE DEPOSIT >85Moz gold and >14Mt copper regional endowment1 110Mt at 0.33% CuEq, 354kt Cu metal equiv. Northparkes Mines: 22 Cu-Au porphyry deposits (CMOC/S
Slide 5: Why target porphyry copper-gold discoveries?
Why target porphyry copper-gold discoveries? The world’s most important source of copper Why explore for porphyries? Porphyry copper deposits provide 60-70% of global copper supply For personal use only Deposits range from 100 million to several billion tonnes – amongst the largest ore deposits
Slide 6: Demand for copper to grow strongly
Demand for copper to grow strongly But global copper supply dominated by high-risk countries COPPER PROJECTS SANCTIONED SINCE 2007 For personal use only EXPECTED COPPER RANK COUNTRY GLOBAL SHARE PRODUCTION FOR 2022 (Mt) #1 Chile 5.6 25% #2 Peru 2.2 10% #3 D.R. Congo 2.2 10% #4 China 1.9 8% #5 United
Slide 7: Myall Project (copper-gold): Unrivalled location in a safe and stable jurisdiction
Myall Project (copper-gold) Unrivalled location in a safe and stable jurisdiction MYALL PROJECT – CLOSE TO INFRASTRUCTURE AND SURROUNDED BY MAJOR MINING COMPANIES For personal use only Myall close to infrastructure including sealed roads, railway corridors and the large regional towns of Narromine
Slide 8: Myall Project: Northparkes copper-gold district lookalike
Myall Project (copper-gold) Northparkes copper-gold district lookalike MYALL PROJECT – A NORTHPARKES COPPER-GOLD DISTRICT LOOKALIKE Myall is a 245km2 tenement southwest of Narromine, NSW with multiple strong porphyry Cu-Au targets Myall-Narromine Intrusive Complex has similar age, composition an
Slide 9: Corvette and Kingswood Prospects – drilling results
Corvette and Kingswood Prospects – drilling results Broad zones of copper-gold mineralisation intercepted in every hole of the program EXCEPTIONAL RESULTS FROM CORVETTE & KINGSWOOD Assay results from Corvette & Kingswood highlight strong porphyry-style Cu- For personal use only Au-Ag-Mo mineralisa
Slide 10: Strong copper-gold mineralisation intersected
Strong copper-gold mineralisation intersected 22MYDD415 – 722.5 metres at 0.25% Cu, 0.05g/t Au & 14ppm Mo (ASX MAG 11 October 2022) For personal use only A) Chalcopyrite (yellow) and epidote (green-yellow) within a K feldspar altered polymict breccia from 588m; B) thin chalcopyrite-pyrite veins cros
Slide 11: Initial Resource Estimate for Corvette and Kingswood
Initial Resource Estimate for Corvette and Kingswood Maiden MRE highlights very strong copper, gold and silver metal endowment at Myall Grade Contained Metal Cut-off Tonnage (CuEq%) (Mt) CuEq Cu Au Ag Mo CuEq Cu Au Ag Mo Initial MRE Delivers 354kt Copper Metal-equivalent (%) (%) (g/t) (g/t) (ppm) (k
Slide 12: Corvette & Kingswood Prospects
Corvette & Kingswood Prospects Strong near-surface mineralisation, very large scale potential For personal use only Strongly mineralised breccia zone with chalcopyrite-epidote matrix infill from 23MYDD422 at 378m. This core forms a portion of a zone grading 95m at 0.55% Cu & 0.07g/t Au (ASX MAG 22 F
Slide 13: Myall Project – regional potential
Myall Project – regional potential Recent intersections at Corvette highlights incredible potential of the broader Myall Project VERY LARGE-SCALE COPPER AND GOLD ANOMALISM Significant regional scale exploration by companies For personal use only including Goldfields, Newcrest, Clancy, Resolute, RG
Slide 14: Myall Project – Australia's next major copper discovery?
Myall Project – Australia’s next major copper discovery? Potential for very large copper, gold and silver metal endowment SCALE AND GRADE POTENTIAL IN A WORLD-CLASS COPPER-GOLD For personal use only MINING REGION Maiden Mineral Resource highlights the exceptional copper, gold and silver metal endo
Slide 15: Wellington North Project (gold-copper)
Wellington North Project (gold-copper) Advanced target portfolio surrounding major 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 14.8Moz AuEq
Slide 16: Parkes Project (gold)
Parkes Project (gold) Orogenic gold targets along strike from Tomingley Gold Operations Major 20 kilometre orogenic gold trend Tomingley Roswell Gold Mine ~25km along strike from Tomingley Gold Operations (TGO) / Tomingley South San Antonio For personal use only (2.1Moz Au) El Paso Discoveries (
Slide 17: References and contact details
References and contact details REFERENCES MAG ASX ANNOUNCEMENTS CMOC., 2022. Northparkes Mining and Technical Information. http://www.northparkes.com/news/ ASX MAG 28 July 2022 Diamond Drilling Commences at Kingswood Cayley, R., 2017, Mineral Systems Analysis in the Tasmanides – Looking North from t
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