Magmatic Resources Ltd. · ASX:MAG
Magmatic Resources — Resource Connect Asia – Future Facing Commodities 2023
16 slides from Magmatic Resources's conference presentation, Apr 5, 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 Resource Connect Asia – Future Facing Commodities Singapore, 5-6 April 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. For personal use o
Slide 3: Corporate snapshot
Corporate snapshot For personal use only MAGMATIC RESOURCES 12-MONTH SHARE PRICE PERFORMANCE CAPITAL STRUCTURE Shares on issue 305,692,798 Share price at 4 April 2023 $0.110 Market Capitalisation $33.6M Cash Balance as at 31 Dec 2022 $5.32M Debt $0.0M Options on issue – unlisted 28,500,000 Exercise
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 For personal use only CORVETTE PROSPECT >85Moz gold and >14Mt copper regional endowment* 241m@0.45% Cu & 0.11g/t Au 155m@0.47% Cu & 0.10g/t Au 111m@0.55% Cu & 0.1
Slide 5: Why target porphyry copper-gold discoveries?
Why target porphyry copper-gold discoveries? The world’s most important source of copper For personal use only Why explore for porphyries? Porphyry copper deposits provide 60-70% of global copper supply 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 For personal use only COPPER PROJECTS SANCTIONED SINCE 2007 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 For personal use only SURROUNDED BY MAJOR MINING COMPANIES 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 For personal use only Myall is a 245km2 tenement southwest of Narromine, NSW with multiple strong porphyry Cu-Au targets Myall-Narromine Intrusive Complex has simil
Slide 9: Corvette Prospect – drilling results
Corvette Prospect – drilling results Significant copper-gold mineralisation intercepted in every hole of the program EXCEPTIONAL RESULTS CORVETTE DRILL HOLES For personal use only Assay results from the Corvette Prospect highlight strong porphyry-style Cu- Au-Mo mineralisation over wide intervals
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: Corvette Prospect – schematic cross section
Corvette Prospect – schematic cross section Strong copper-gold mineralisation intercepted in multiple holes 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
Slide 12: Corvette & Kingswood Prospects
Corvette & Kingswood Prospects Strong near-surface potential with very large scale For personal use only 150 metres Level plan at the Corvette Prospect over airborne magnetics (RTP) showing drilling data in the 150 metres immediately below the Schematic level plan of the 200 metres immediately below
Slide 13: Corvette Prospect – open in all directions
Corvette Prospect – open in all directions Copper-gold mineralisation intercepted in every recent hole For personal use only NEXT STEPS FOR THE MYALL PROJECT Corvette remains open or poorly tested in every direction, with every recent drill intersecting mineralisation Plan of the broader Kingswood
Slide 14: Wellington North Project (gold-copper)
Wellington North Project (gold-copper) Advanced target portfolio surrounding major discovery FINNS CROSSING- For personal use only MAG tenure North of Australia's largest gold producer – Cadia Mines (ASX:NCM) MURGA (ALK) Porphyry - Skarn ALK tenure Dominant position surrounding the 14.8Moz AuEq
Slide 15: Parkes Project (gold)
Parkes Project (gold) Orogenic gold targets along strike from Tomingley Gold Operations Major 20 kilometre orogenic gold trend For personal use only Tomingley Roswell Gold Mine ~25km along strike from Tomingley Gold Operations (TGO) / Tomingley South (2.1Moz Au) San Antonio El Paso Discoveries (
Slide 16: References and contact details
References and contact details REFERENCES MAG ASX ANNOUNCEMENTS For personal use only CMOC., 2022. Northparkes Mining and Technical Information. http://www.northparkes.com/news/ ASX MAG 8 June 2022 Wellington North and Myall Exploration and Drilling Update Cayley, R., 2017, Mineral Systems Analysis
Magmatic Resources — Resource Connect Asia – Future Facing Commodities 2023 on 6ix