Magmatic Resources Ltd. · ASX:MAG
Magmatic Resources — Corporate Update (May 2020)
12 slides from Magmatic Resources's corporate update, May 12, 2020
Slide 1: Operational Update
For personal use only OPERATIONAL UPDATE 12 May 2020 ASX MAG
Slide 2: Investment Highlights
Investment Highlights EAST LACHLAN – WORLD CLASS GOLD-COPPER PROVINCE LADY ILSE GOLD-COPPER PORPHYRY DISTRICT For personal use only Diverse porphyry and related mineralisation styles Large scale gold-copper porphyry system >80Moz Gold (Au) and >13Mt Copper (Cu) regional endowment1 Fertile system ind
Slide 3: Corporate Snapshot
Corporate Snapshot For personal use only CAPITAL STRUCTURE 24 Mar 2020 Drilling commences at Lady Ilse Au-Cu Shares on issue* 172,168,261 porphyry target Share price 19 Feb 2020 $0.30 May 2017 29 Jan 2020 Market Capitalisation $51.7m MAG IPO at 20cps MAG announces MIMDAS geophysics Cash* $4.85m defi
Slide 4: East Lachlan – A World Class Gold-Copper Terrain
East Lachlan – A World Class Gold-Copper Terrain Home to Australia’s largest gold mine For personal use only World class gold-copper porphyry terrain, range of mineralisation styles >80Moz Gold (Au) and >13Mt Copper (Cu) regional endowment1 Major gold, gold-copper mining operations: Cadia Ea
Slide 5: East Lachlan – A World Class Gold-Copper Terrain: Majors building tenure positions
East Lachlan – A World Class Gold-Copper Terrain Majors building tenure positions For personal use only Advanced target portfolio and dominant tenure position in discovery hotspots: Myall (MAG) Alkane Wellington North Project: porphyry Au-Cu, ALK Boda epithermal Au FMG discovery Wellington North
Slide 6: Lady Ilse Gold–Copper Porphyry District: Identifying a fertile porphyry target
Lady Ilse Gold – Copper Porphyry District Identifying a fertile porphyry target IDENTIFYING A FERTILE PORPHYRY SYSTEM For personal use only 20LIDD001 (pyritic alteration / geochemical porphyry pathfinders) 78m @ 0.22 g/t Au 22m @ 0.54g/t Au 21m @ 0.56g/t Au Upper level Porphyry – Epithermal altera
Slide 7: Lady Ilse Gold–Copper Porphyry District: Defining a large-scale porphyry target
Lady Ilse Gold – Copper Porphyry District Defining a large-scale porphyry target DEFINING A LARGE-SCALE PORPHYRY SYSTEM For personal use only (MIMDAS / Conventional IP Geophysics) MIMDAS geophysics defines large gold-copper porphyry target zone at Lady Ilse District (ASX: MAG 24 April 2020) LI20DD
Slide 8: Lady Ilse Gold–Copper Porphyry District: Testing a large-scale porphyry target
Lady Ilse Gold – Copper Porphyry District Testing a large-scale porphyry target TESTING A LARGE-SCALE PORPHYRY SYSTEM For personal use only (RC and Diamond Drilling) First diamond drillhole, completed in April 2020, validated exploration model, 20LIDD001 (1014.8m) confirmed a subvertical, north-so
Slide 9: Wellington North Project
Wellington North Project Advanced target portfolio in northern Molong Belt porphyry discovery hotspot Dominant position in northern Molong Belt porphyry discovery hotspot MAG tenure For personal use only ALK tenure MAG Au-Cu targets Magmatic's Wellington North Project surrounds Alkane’s Boda Gol
Slide 10: Boda North & Boda South Targets
Boda North & Boda South Targets Northern and southern extensions of Boda Porphyry Belt pass onto Magmatic's tenure Reprocessed aeromagnetic data highlights the interpreted northern and southern MAG tenure For personal use only ALK tenure extensions of the Boda Porphyry Belt (ASX: MAG 11 May 2020)
Slide 11: References
References For personal use only Alkane 2020., Significant Porphyry Gold-Copper Mineralisation Width Increases with Depth at Boda, ASX Announcement, 13 February 2020 CMOC 2019., China Molybdenum Company Limited, http://www.cmocinternational.com/australia/ Evolution., 2018, https://evolutionmining.co
Slide 12: Disclaimer and Important Information
Disclaimer and Important Information For personal use only 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 Compa