Slide 1: Copper in Arizona – Investor Presentation
Copper in Arizona Investor Presentation (ASX:EM2)
Slide 2: Important Information
IMPORTANT INFORMATION P u r p o s e o f p r e s e n t a t I o n : This presentation has been prepared by Eagle Mountain Mining Limited (ACN 621 541 204) (Eagle Mountain) and should be read in conjunction the Company’s Annual Report, issued by Eagle Mountain 18 October 2023 and subsequent ASX announc
Slide 3: Investment highlights - Copper exposure opportunity
Investment highlights - Copper exposure opportunity ASX:EM2 Two key projects exclusively in Arizona, within a globally prolific Strong copper outlook – compelling green energy investment copper belt opportunity Silver Mountain - Underexplored exploration project Oracle Ridge - Access to a near term
Slide 4: Two key projects – in world class location
Two key projects – in world class location Silver Mountain Project 100% owned copper-gold exploration project located Description & Location northwest of Phoenix AZ. Large landholding of 28.6km2 including > 5km strike of Tenements contiguous Patented claims • 10.7g/t Au, 251g/t Ag, 11.1% Cu Highligh
Slide 5: Silver Mountain - Multiple mineralisation systems
Silver Mountain - Multiple mineralisation systems Copper High-Grade Uranium- Porphyry Cu-Au-Ag Thorium-REE’s Seismic Anomalies: High Grade Outcrops: Prospective Geological Features: Buried high velocity bodies, possible Up to 11% Cu, 86g/t Au, 921g/t Ag and Structurally controlled pegmatites with po
Slide 6: Silver Mountain - new discoveries spark focused exploration strategy
Silver Mountain - new discoveries spark focused exploration strategy Silver Mountain Mining Tenements 368000 372000 Crown King – 20km Underexplored with great potential Strong indicators recently discovered for high grade outcropping and porphyry 3778000 style mineralisation Scarlett Over 99% pr
Slide 7: Silver Mountain – multiple High-Grade discoveries
Silver Mountain – multiple High-Grade discoveries 11.65g/t Au 368000 372000 4.2g/t Au 3.00% Pb 112g/t Ag 67.7g/t Ag Crown King – 20km 3.5% Cu Phase1 drilling completed in 2019 - primarily focused on eastern 7.46g/t Au region. (Pacific Horizon) 3778000 181g/t Ag 354/t Ag 3.5% Cu 387ppm U3O8 A’ Ne
Slide 8: Silver mountain – high grade Outcropping Gold and Silver at Scarlett
Silver mountain – high grade Outcropping Gold and Silver at Scarlett ‘Silver Mountain's rich history of high- grade copper and gold mining, coupled with compelling geological evidence for major porphyry systems, is driving our exploration focus at the project. Our strategic focus is on unlocking the
Slide 9: Geophysical anomalies support potential porphyry system
Geophysical anomalies support potential porphyry system High-Grade Results and Link to Porphyry Targets… ….With Similarities to Existing Porphyry Models Silver Mountain, Arizona Porphyry Model, Halley et al (2015) 64.1g/t Au 11.65g/t Au Prospective Zone with 7.46g/t Au 3.00% Pb 15.4% Pb 181g/t Ag Hi
Slide 10: Silver mountain summary
Silver mountain summary • High grade copper, silver and gold on surface, discoveries of multiple styles of mineralisation • Regionally and locally favourable geological setting with many similarities to giant proximal deposits • Large landholding including > 5km strike of contiguous Patented claims
Slide 11: Oracle Ridge – Development Project Overview
Oracle Ridge –Development Project Overview Tier-1 jurisdiction - safe, mining friendly, skilled workforce Production in the 90s - access to orebody, lower capex, proven metallurgy Large and expanding MRE - including optionality at lower copper cut-off grades Elevated orebody supports lower e
Slide 12: Mineral resource estimate (MRE)
Mineral resource estimate (MRE) 28.2 Mt Cu at a 0.8% Cu cut-off 380Kt at 1.35% Cu 10Moz at 11.06g/t Ag 142Koz at 0.16g/t Au 12 Refer ASX Announcement 21 November 2023
Slide 13: Globally competitive copper Resource
Globally competitive copper Resource Plus, additional value from gold and silver which were payable credits in previous concentrates Resource Quantities: S&P Capital IQ 13
Slide 14: Project optionality: resource model at various cut-off grades
Project optionality: resource model at 58.6 Mt various cut-off 0.71% Cu grades 1.2 Billion lb Cu Increasing 40.4 Mt Contained 15 Million Oz Ag 1.15% Cu 1.4 Billion 216k Oz lbAu Cu Metal at Lower 28.2 Mt 1.0 Billion lb Cu 18 Million Oz Ag Cut-offs 1.35% Cu 13 Million Oz Ag 256k Oz Au 0.8 Billion lb C
Slide 15: Near-mine and regional Exploration potential
Near-mine and regional Exploration potential 15 Refer ASX Announcement 21 November 2023
Slide 16: Near-surface underground infrastructure
Near-surface underground infrastructure Marble Mountain N Mineral Resource Estimate (>0.8% Cu) Main Mine Area Hartman-Homestake Mine Stratton Mine The Talon Existing Underground Workings Upper Portal Leatherwood Mine Geesaman Mine Daily Mine Lower Portal 16
Slide 17: Permitting Status Overview
Permitting Status OVERVIEW Issuer Status Air Quality Permit ADEQ – Arizona Department of Pima County Granted1 Environmental Quality ASMI - Arizona State Mine Inspector Aquifer Protection Permit (APP) - Groundwater APP currently held for Tailings dam closure. ASLD- Arizona State Land Dept ADEQ discha
Slide 18: Scoping study in progress
Baseline Environmental Tailings Design Scoping study in Metallurgy progress Mine Planning Infrastructure design 18
Slide 19: Corporate Snapshot
Corporate Snapshot Key Metrics ASX Code EM2 Shares on Issue 393m (30 August 2024) Share Price $0.05 (30 August 2024) Cash $3.1m (30 June 2024) Debt $13.8m (30 Dec 2023)* Market Capitalisation $19m undiluted (30 Aug 2024) Unlisted Options 88m (30 August 2024) Performance Rights 0.3m (30 August 2024)