Maritana Minerals Limited · ASX:MRT
Maritana Minerals — Horizon Minerals — Shareholder Meeting (November 2021)
21 slides from Maritana Minerals's shareholder meeting presentation, Nov 26, 2021
Slide 1: Annual General Meeting Presentation November 2021
For personal use only ANNUAL GENERAL MEETING PRESENTATION NOVEMBER 2021
Slide 2: Disclaimer and Important Notices
DISCLAIMER AND IMPORTANT NOTICES For personal use only Nature of Document expressions. Forward looking statements, opinions and estimates included in this Presentation are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry t
Slide 3: About Horizon: Minerals Explorer in the Heart of the Goldfields
ABOUT HORIZON MINERALS EXPLORER IN THE HEART OF THE GOLDFIELDS For personal use only Horizon Minerals is an explorer with highly strategic projects in the Kalgoorlie and Coolgardie regions and exposure to multiple commodities within Australia +1.13Moz 1 1,100 sq km Mineral Resources Large, strategic
Slide 4: Corporate Snapshot
ABOUT HORIZON CORPORATE SNAPSHOT For personal use only Share Price History Capital Structure 1 Shares M 567.9 Unlisted Options M 24.0 Share price A$ 0.14 Market capitalisation A$M 80.1 Cash position + listed investments A$M 15.1 Debt A$M Nil Enterprise value A$M ~65.0 Shareholder Breakdown Board and
Slide 5: 2021 in Review
EXPLORATION, TRIAL MINING, CASH GENERATION, ACQUISITIONS AND DIVESTMENTS 2021 IN REVIEW For personal use only • Completed infill drilling program on seven core projects for updated resources and ore reserve generation ➢ 1.13Moz in Mineral Resource with 76% in M&I categories 1 • Commenced largest eve
Slide 6: Successful Infill Drilling Program Across Core Resource Base
SUCCESSFUL INFILL DRILLING PROGRAM ACROSS CORE RESOURCE BASE RESOURCE UPDATES RELEASED For personal use only • 1.13Moz Au Mineral Resource at 1.7g/t Au with 76% in M&I1 • Mineral Resource updates for seven core deposits1: 1. Boorara: 448koz (11.0Mt @ 1.26g/t Au) 2. Binduli (Crake): 66koz (1.4Mt @ 1.
Slide 7: Largest Ever Exploration and Growth Drilling Program
LARGEST EVER EXPLORATION AND GROWTH DRILLING PROGRAM ACROSS 1,100km2 NEW MINERALISTION DISCOVERED For personal use only • Multiple priority targets being tested with up to 4 rigs and 48,000m of drilling completed to date • Potential new discovery at Kestrel within the Binduli area ➢ Results includin
Slide 8: De-risking Boorara
PRIME LOCATION FOR BULK BASELOAD DEPOSIT DE-RISKING BOORARA For personal use only • Located 15km east of Kalgoorlie and adjacent to NST’s Super Pit gold operation • Trial mining, toll milling and pit mapping completed to test the grade uplift potential and metallurgical performance • Mined 267kt at
Slide 9: Acquisitions to Support Growth
CONTINUING TO CONSOLIDATE ASSETS ON MAJOR GEOLOGICAL STRUCTURES ACQUISITIONS TO SUPPORT GROWTH For personal use only • A number of acquisitions completed in 2021 to grow the portfolio all within 75km of Kalgoorlie with existing resources and significant growth potential • Kalpini gold project acquir
Slide 10: Divestments to Create Value
PUTTING NON-CORE ASSETS IN GOOD HANDS WHILE RETAINING EXPOSURE DIVESTMENTS TO CREATE VALUE For personal use only • A number of divestments completed in 2021 generating cash and exposure to the assets via shareholdings in quality listed companies • Menzies divestment completed with $3.4m in cash rece
Slide 11: Richmond – Julia Creek Vanadium
INTENTION TO DEMERGE AND LIST INTO DEDICATED IPO VEHICLE AND ADVANCE DFS RICHMOND – JULIA CREEK VANADIUM For personal use only • Horizon owns 25% interest in the 1.8Bt Richmond – Julia Creek oxide vanadium project in Northwest Queensland1 • Extensive drilling, metallurgical test work and process flo
Slide 12: Nimbus Silver – Zinc Project
RETAIN AND COMPLETE FURTHER ECONOMIC STUDIES TO MAXIMISE OPTIONALITY NIMBUS SILVER – ZINC PROJECT For personal use only • Located adjacent to the Boorara gold project with shared infrastructure • Extensive drilling and metallurgical test work completed and potential for growth along strike and at de
Slide 13: Horizon Activates Its Sustainability Journey
OUR PATH TO GROWING A SUSTAINABLE AND PROFITABLE BUSINESS HORIZON ACTIVATES ITS SUSTAINABILITY JOURNEY For personal use only To go beyond our obligations and to continuously STRATEGY look at ways to integrate sustainability across our OBJECTIVE business. Established our Environmental, Social, Govern
Slide 14: 2022 – Drilling and Assessing Options
RESOURCE GROWTH AND NEW DISCOVERY DRILLING TO GROW ASSET BASE 2022 – DRILLING AND ASSESSING OPTIONS1 For personal use only • Exploration drilling highly successful in 2021 with a further 75,000m planned in 2022 targeting new discoveries and resource extensions • Significant potential for resource gr
Slide 15: Thank You
THANK YOU For personal use only • To the Board and Executive team who have done an excellent job in what has been a challenging year for the region, state, nation and globally • To our staff who work tirelessly in Kalgoorlie and Perth to support and grow the business • To all our contractors and con
Slide 16: Board and Management Appendices
BOARD AND MANAGEMENT For personal use only APPENDICES 16
Slide 17: Leadership Team
175+ YEARS COMBINED EXPERIENCE OPERATING IN THE WA GOLDFIELDS LEADERSHIP TEAM For personal use only Ashok Parekh, Non-Executive Chair Grant Haywood, Chief Operating Officer • Chartered accountant with over 40 years’ experience who owns a large Accounting • Mining Engineer with over 27 years’ experie
Slide 18: Gold Resource Statement
GOLD RESOURCE STATEMENT For personal use only Horizon Minerals Limited – Summary of Gold Mineral Resources (at a 1g/t Au cut-off grade) Cut-off Measured Indicated Inferred Total Resource Project grade Au Au Au Au (g/t) Mt Oz Mt Oz Mt Oz Mt Oz (g/t) (g/t) (g/t) (g/t) Boorara OP 0.5 1.28 1.23 50,630 7
Slide 19: Non Gold Resource Statement
NON GOLD RESOURCE STATEMENT For personal use only Confirmation Cut-off Tonnage Grade Metal content (Mt) Project The information is this report that relates to Horizon’s Mineral Resources grade % (Mt) % V2O5 ppm Mo ppm Ni V2O5 Mo Ni estimates on the Richmond Julia Creek vanadium project and Nimbus Si
Slide 20: Forward Looking and Cautionary Statement
FORWARD LOOKING AND CAUTIONARY STATEMENT For personal use only • As noted on Slide 2, some statements in this Presentation regarding estimates or future events are forward looking statements. They include indications of, and guidance on, future earnings, cash flow, costs and financial performance. F
Slide 21: Contact
For personal use only CONTACT CONTACT Jon Price Managing Director T: +61 (08) 9386 9534 E: admin@horizonminerals.com.au W: www.horizonminerals.com.au PO Box 1104 Nedlands WA 6909 163 Stirling Highway Nedlands WA 6009 21
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