Meridian Mining Plc · TSX:MNO
Meridian Mining — Meridian Mining UK S — Investor Presentation (November 2021)
23 slides from Meridian Mining's investor presentation, November 2021
Slide 1: Cabaçal: Targeting multi million ounce gold and billion plus pounds of copper discoveries
Cabaçal: Targeting multi million ounce gold and billion plus pounds of copper discoveries Corporate Presentation, November 2021 TSXV: MNO / OTCQB: MRRDF / Frankfurt: 2MM meridianmining.co
Slide 2: Cautionary Note Regarding Forward-Looking Statements
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain of the statements made and information contained herein is “forward-looking information” within the meaning of applicable Canadian securities laws. All statements other than statements of historical facts included in this document constitu
Slide 3: Cabaçal Investment Highlights
CABAÇAL INVESTMENT HIGHLIGHTS Listing Location Map TSX.v...................MNO Country.................Brazil OTCQB............MRRDF State........Mato Grosso BRAZIL Frankfurt................2MM Mining Jurisdiction.....Tier 1 Mato Grosso Major Metals Co-Products Size Infrastructure Silver Copper 36km
Slide 4: Corporate Information - Meridian Mining UK S
CORPORATE I NFORMATION - M ERIDIAN M INING U K S Corporate Structure Meridian Mining UK S listed on the TSXV (Ticker: MNO) • Management ownership – 10.1 million shares, 3.3 million warrants Shares Outstanding 150.6 m and 5.9 millions options (6.7% outstanding / 9.9% fully diluted) • Top 10 sharehold
Slide 5: Board of Directors, Executive Management & Advisory Board
B OARD OF DIRECTORS EXECUTIVE MANAGEMENT & ADVISORY BOARD G I L B E RT C L A RK SORAIA MORAIS A F O N S O F I G U E I RED O Executive Chairman Chief Financial Officer Geologist +25 years experience + 15 years experience + 50 years experience A D R I A N M C A RT HU R VITOR B E L O ROCKY OSBORNE CEO
Slide 6: Leading Community Based ESG and SDG Program
L E A D I N G C O M M U N I T Y BASED ESG A N D SDG PR OG RAM Global Thinking Local Action Corporate Social Responsibility (CSR): • CSR focuses on developing an open and transparent relationship with all stakeholders • Community engagement program managed by in-house Legal & Land management team • C
Slide 7: Cabaçal Copper-Gold VMS Project
CABAÇAL C ABAÇAL C OPPER -G OLD VMS P ROJECT Cabaçal VMS Belt CABAÇAL PROJECT – NATIONAL, REGIONAL & LOCAL SETTING ^ • Polymetallic VMS system Cu-Au + Ag-Zn-Pb o Discovered by BP Minerals in 1983 • Two historic high-grade mines in 14km mine corridor o No environmental mining legacy • Advanced permit
Slide 8: Modern Exploration: Expanding on Historic Data
CABAÇAL M ODERN E XPLORATION : E XPANDING ON HISTORIC DATA 1 ^ ORTHOGONAL VIEW OF HISTORICAL SURFACE DRILLING DATA COMPLETED BY BP MINERALS OVER THE CABAÇAL MINE’S LEVEL PLAN Cu Eq % Visible Gold circled in Red from intercepted in Hole CD-072 Visible Gold Intercepted in Hole CD-049 ^ ^ 1 See News Re
Slide 9: Extending the Potential at Cabaçal
CABAÇAL E XTENDING THE P OTENTIAL AT C ABAÇAL Signature of Copper-Gold Mineral system defined over more that 2,000m 1 See News Release 13th , 7th & 2nd September 2021 Corporate Presentation, November 2021 TSXV: MNO / OTCQB: MRRDF / Frankfurt: 2MM Meridian Mining UK S | 9
Slide 10: Cabaçal Central - Resource Development Program
CABAÇAL C ABAÇAL C ENTRAL - R ESOURCE D EVELOPMENT P ROGRAM • Expanded Drill Program to focus on: o Drilling at Cabaçal Northwest and Southeast o Expansion of the Cabaçal Central Resource o Exploring at Cabaçal West and along the VMS belt • Initial 10,000m drill program focused statistically validat
Slide 11: Large Scale Open-Pit Potential Production Scenario
CABAÇAL L ARGE SCALE OPEN - PIT POTENTIAL PRODUCTION SCENARIO Multiple layers of high-grade Copper- Gold mineralisation New hinge zones of high-grade gold 1 See News Release 7th and 2nd Sept, 31st August, 13th July, 28th & 15th June, 26th April & 25th May 2021 Copper-Gold mineralization open Copper-
Slide 12: Potential for Expansion of the Historic Resource
CABAÇAL P OTENTIAL FOR EXPANSION OF THE HISTORIC RESOURCE Resource expansion opportunities: Historic Resource1 Current • New near-surface zones outside of the limits of the Cabaçal Criteria Mine Resource 21.7Mt @ 0.6% Cu & 0.6 g/t Au - Cut-off Grade 0.2% CuEq - • Metals Pricing has more than doubled
Slide 13: New Open High-Grade Gold Trend
CABAÇAL N EW O PEN H IGH - GRADE G OLD T REND 1 Significant Upside Unlocked in High Grade Gold Trend at Cabaçal Northwest Extension A A’ B B’ Potential for parallel repeat high grade gold structures as in the Cabaçal gold mine 1 See News Release 21st October & 13th , 7th & 2nd September 2021 Corpora
Slide 14: Cabaçal West Targeting Potential New Mineralization
CABAÇAL C ABAÇAL W EST TARGETING POTENTIAL NEW MINERALIZATION A B CABAÇAL WEST TARGET, IN RELATION TO BHEM CONDUCTIVE MODELS AMCD-15- CD-038 B 006 CD-058 CD-049 Cabaçal West Target Strongest Conductor detected to date Thickening VMS pile mineralization A CD-054 intercepted in hole CD-066 1 See News
Slide 15: Soils Program Confirming New Untested Anomalies
CABAÇAL S OILS PROGRAM CONFIRMING NEW UNTESTED ANOMALIES Cabaçal West Cabaçal West Conductors CabaçalMine Conductors Cabaçal Cabaçal Mine Northwest Conductors Cabaçal South C2A: Area 1 Cabaçal South C2A: Area 1 Peak Cu in rock 4075 ppm Peak Cu in rock 4075 ppm Peak Zn in rock: 3530 ppm Peak Zn in ro
Slide 16: Mine Corridor Exploration Program
CABAÇAL M INE C ORRIDOR E XPLORATION P ROGRAM Cabaçal Northwest Mine Corridor: Advanced Exploration Conductors CabaçalMine • Multiple clusters of VTEM plates coincident with Cabaçal Northwest Copper-Gold geochemical anomalies and drilling VMS:Conductors Cu-Au-Ag (+Zn-Pb) Cabaçal West Testing the hyd
Slide 17: Regional Exploration Targets
CABAÇAL R EGIONAL E XPLORATION T ARGETS Meridian controls a significant land position within an CABAÇAL emerging copper-gold province1 JAURÚ & PROJECT ARAPUTANGA PROJECTS Southern extension of Cabaçal Copper-Gold VMS belt secured • The historical copper-geochemical anomaly defined by BP in the 1980’
Slide 18: Advancing Towards a Mining Decision
CABAÇAL A DVANCING TOWARDS A MINING DECISION Meridian is planning for Cabaçal’s long term future by association with industry leaders • H&S Consultants engaged to complete future Cabaçal resource statement • Ausenco engaged to provide Scoping Study on Cabaçal's future mine plan and beneficiation req
Slide 19: Development Timeline
CABAÇAL D EVELOPMENT T IMELINE TIMELINE Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Database Enhancement Program Digital Capture of additional density, logging, sampling metadata Aerial Drone survey; update aeiral photography Updated releief model Georegister key Cabacal historical maps;
Slide 20: Appendix
APPENDIX Corporate Presentation, November 2021 TSXV: MNO / OTCQB: MRRDF / Frankfurt: 2MM meridianmining.co
Slide 21: Structured Option Agreement to Acquire 100% of Cabaçal
Structured Option A g r e e m e n t t o a c q u i r e a CABAÇAL 100% beneficial interest1 Protects Meridian Shareholders Equity and provides Vendors an Interest Going Forward Payment Schedule Vendor Payment Vendor Payment Payments Requirements Comments (Months) (USD) (Shares) MNO will have exclusivi
Slide 22: Cabaçal Historical Operation
CABAÇAL Cabaçal Historical Operation 1 EXAMPLE OF FLOATATION SEPARATING CU AND ZN CONCENTRATES - ST HELENA MINE ^ Cabaçal Historical Production • Cabaçal underground mine operated by BP Minerals / Rio Tinto from 1987 to 1991 producing 869,279t at 5g/t Gold and 0.82% Copper • 3 g/t gold only cut-off
Slide 23: Contact
Meridian Mining UK S Dr Adrian McArthur Gilbert Clark Investor Contact: Corporate Address: Chief Executive Officer Executive Chairman +1 778 715 6410 6th Floor, 65 Gresham Street, London Email: amcarthur@meridianmining.net.br Email: gclark@meridianmining.net.br EC2V 7NQ United Kingdom Corporate Pres
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