Metal Bank Ltd · ASX:MBK
Metal Bank — Investor Presentation (September 2023)
24 slides from Metal Bank's investor presentation, Sep 5, 2023
Slide 1: Accelerated Exploration Across Jordan and Australian Projects
ASX: MBK COPPER: COBALT: GOLD ACCELERATED EXPLORATION ACROSS JORDAN AND AUSTRALIAN PROJECTS For personal use only
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer Purpose of this document This investor presentation dated 4 September 2023 has been prepared by Metal Bank Limited ACN 127 297 170 (MBK) for general information purposes using the information available to MBK at the time of publication. Summary information By reviewi
Slide 3: Important Notices and Disclaimer
Important Notices and Disclaimer Forward looking information and Future Performance This Presentation contains “forward-looking statements”. Forward-looking statements can generally be identified by use of words such as “may”, “should”, “could”, “foresee”, “plan”, “aim”, “will”, “expect”, “intend”,
Slide 4: Corporate Overview: Experienced and Proven Leadership Team
CORPORATE OVERVIEW Experienced and Proven Leadership Team Company ASX Code MBK Share Price as at 01/9/2023 $0.045 Ines Scotland - Executive Chair For personal use only Ordinary Shares on Issue ~276m Ms Scotland has worked in the mining industry for over 25 years for large scale gold and copper compa
Slide 5: MBK Investment Summary
MBK Investment Summary Key agreements secured for copper exploration within historic mining areas For personal use only in Jordan – MBK has prime first mover advantage Jordan field team has commenced exploration including mapping and sampling of historical exploration and mining areas followed b
Slide 6: Capital Raising Overview
Capital Raising Overview Capital Raising Placement of 33,900,000 New Shares to sophisticated, professional and institutional investors at the Offer Price of $0.034 to raise $1,152,600, before transaction costs For personal use only a pro-rata non-renounceable Entitlement Offer of 1 New Share for
Slide 7: Capital Raising Timetable
Capital Raising Timetable Event Date Announcement of the Placement and the Entitlement Offer 4 September 2023 For personal use only Lodgement of Cleansing Notice and Appendix 3B Settlement of funds for Placement 7 September 2023 Allotment of Placement Shares 8 September 2023 Entitlement Offer “Ex” D
Slide 8: Portfolio Overview: Jordan
Portfolio Overview: Jordan First Mover Advantage in a New Frontier of Copper Exploration Jordan Copper Exploration Strategy For personal use only • MBK has entered into two agreements with the Jordan Ministry for Energy and Mineral Resources (MEMR) granting MBK exclusive exploration rights and recon
Slide 9: Portfolio Overview: Australia
Portfolio Overview: Australia Building a multi-project Copper, Cobalt and Gold company Livingstone Gold Project in WA (75% MBK) For personal use only • Inferred Resource of 40,300oz Au1 (JORC 2012) at the Homestead prospect with potential for expansion • Inferred Resource of 30,500oz Au2 (JORC 2012)
Slide 10: Jordan: A New Frontier of Copper Exploration
Jordan For personal use only A New Frontier of Copper Exploration Image: View from Malaqa looking north to Feinan 10
Slide 11: Jordan: A New Frontier of Copper Exploration
Jordan: A New Frontier of Copper Exploration For personal use only Malaqa access track to Um el Amad, central west Jordan Historical copper exploration Rhys Davies with local geologist and field assistant 11
Slide 12: Jordan: A New Frontier of Copper Exploration
Jordan: A New Frontier of Copper Exploration Malaqa Exploration Agreement centered on the historic Um el Amad Copper mine, contiguous to the Feinan Copper district with the For personal use only potential for significant sediment hosted stratiform copper deposits Agreement for copper reconnaissa
Slide 13: Jordan: A New Frontier of Copper Exploration
Jordan: A New Frontier of Copper Exploration The Wadi Araba area represents the far north-western region of the well- mineralised Arabian-Nubian Shield (ANS). For personal use only The ANS spans across the Red Sea region of Northeast Africa, covering parts of Saudi Arabia, Egypt, Sudan, Eritrea,
Slide 14: Livingstone Project: Gold Resources in a Prolific Region
Livingstone Project: Gold Resources in a Prolific Region For personal use only Livingstone Gold Project 140km NW of Meekatharra, WA encompasses 395 km2 of the western arm of Bryah-Padbury Basin 40.3Koz Au The Bryah-Padbury Basin is host to the Fortnum, Horseshoe and Peak Hill gold deposits (>2.5
Slide 15: Livingstone Project
Livingstone Project Existing Resources, multiple prospects, potential for significant expansion Two shallow Au Resources and multiple For personal use only large Au prospects including: Homestead – Inferred Resource of 40,300oz Au1 (JORC 2012) Kingsley – Inferred Resource of 30,500oz Au2 (JORC 2
Slide 16: Millennium Project
Millennium Project Mt Isa Inlier – World Class Minerals Province – Major Projects Located within Mt Isa-Cloncurry copper region For personal use only of NW Queensland ~19km from the Rocklands copper-cobalt processing facility Near term high-grade copper & cobalt resource on granted mining leases
Slide 17: Millennium Project
Millennium Project One of Australia’s Most Exciting Copper-Cobalt Opportunities For personal use only 17
Slide 18: 2023/2024 Activity and Catalyst Timeline
2023/2024 Activity and Catalyst Timeline Strong pipeline of exploration activity across key assets to drive value Project Exploration Activity / Milestone* Q3 2023 Q4 2023 Q1 2024 Q2 2024 For personal use only Malaqa site visits, historical drill sampling and regional exploration Jordan Aerial surve
Slide 19: Management and Technical
Management and Technical The Right Team and Skills to Deliver Exploration Success Liam Fromyhr – Exploration Manager - Australia For personal use only Liam is an exploration and operations geologist with 15+ years Australian and international experience working with listed and private companies and
Slide 20: Management and Technical
Management and Technical The Right Team and Skills to Deliver Exploration Success For personal use only Peter Lester – Consultant B.E (Mining Hons), MAusIMM Mr Lester is a Director of consulting company Vintage94 Pty Ltd. He has over 40 years’ experience in the mining industry and has held senior ex
Slide 21: Summary of Key Risks
Summary of Key Risks Introduction There are a number of risk factors that could potentially impact the Company and any investment in the Company. Shareholders and prospective new Investors should consider the risk factors described below, together with the publicly available information about the Co
Slide 22: Summary of Key Risks - continued
Summary of Key Risks - continued Title, permit and approval risks The mineral tenements and permits held by the Company are subject to the applicable mining acts and regulations in Australia and in Jordan. Mineral tenements and permits are also subject to periodic renewal. There is no guarantee that
Slide 23: Summary of Key Risks - continued
Summary of Key Risks - continued Regulatory and government risks The exploration and mining industry is subject to extensive legislation, regulation and supervision by a number of federal, state and regulatory bodies, including regulations regarding exploration, mining, health and safety, employment
Slide 24: Metal Bank Limited
Metal Bank Limited For personal use only Registered Office Metal Bank Limited Suite 506, Level 5, 50 Clarence Street, Sydney NSW 200 Jordan Field Camp Email: info@metalbank.com.au 24