Metal Bank Ltd · ASX:MBK
Metal Bank — London Mines and Money 2016
21 slides from Metal Bank's conference presentation, Nov 28, 2016
Slide 1: Cover letter to ASX: December 2016 Presentation
For personal use only 28 November 2016 The Manager Company Announcements ASX Limited Dear Sir, December 2016 Presentation Please find attached the December 2016 Presentation for Metal Bank Limited. Yours faithfully, Sue-Ann Higgins Company Secretary Metal Bank Limited ABN 51 127 297 170 Suite 2508,
Slide 2: Growth After Discovery - London Mines and Money 2016
For personal use only GROWTH AFTER DISCOVERY LONDON MINES AND MONEY 2016 DECEMBER 2016 ASX: MBK 1
Slide 3: Disclaimer
Disclaimer For personal use only Purpose of this document This presentation has been prepared by Metal Bank Limited (“MBK") for general information purposes only using the information available to MBK at the time of publication. No reliance The information contained in this presentation is not inves
Slide 4: Our Business - Gold: discovery driven growth
Our Business - Gold discovery driven growth For personal use only Triumph Project - Two near surface high grade gold discoveries in 2016 New Constitution – 10m @ 26.9g/t Au, 165g/t Ag, 6% Zn from 51m (open) Bald Hill - 15m @ 10.3g/t Au, 76g/t Ag, 0.5% Cu from 9m 14m @ 2.6g/t Au, 34g/t Ag, 1.1% Cu fr
Slide 5: Metal Bank Limited
Metal Bank Limited discovery driven growth For personal use only ASX listed minerals exploration company (ASX:MBK) Core focus is creating value through a combination of exploration success and quality project acquisition Key projects are the Triumph and Eidsvold Gold Projects situated in the nort
Slide 6: Corporate Overview
Corporate Overview Metal Bank Limited For personal use only 12 month share chart ASX: MBK 0.04 shares 688.8M 0.02 options 15M high grade gold intersected in drilling June 2016 share price* $0.031 50M cash at bank** A$5.0M market cap A$21M Board and Management *as at 24 Nov 2016 Inés Scotland Non-exe
Slide 7: Our Team
Our Team discovery – financing – development – M&A For personal use only Inés Scotland Over 25 years in the mining industry – founding shareholder and MD of Citadel through its massive Chair growth during the discovery/development of the Jabal Sayid copper project in Saudi Arabia and $1.3B sale in
Slide 8: Triumph Project Upside
Triumph Project Upside intrusion related gold system For personal use only Large deposit examples in Qld 18Moz Au established gold producing district, close to excellent infrastructure 7
Slide 9: Triumph Project
Triumph Project underexplored gold system For personal use only 15km2 Triumph grade gold camp – dominantly concealed by shallow cover Under cover areas are highly prospective First under cover drilling intersected high grade gold at Bald Hill High grade gold intersected under historical workings at
Slide 10: Bald Hill
Bald Hill 2016 – first high grade discovery For personal use only Bald Hill – high grade gold discovery 15m @ 10.3g/t Au, 76g/t Ag, 0.5% Cu from 9m including 4m @ 34.2g/t Au, 220g/t Ag, 1.4% Cu from 14m 9
Slide 11: Bald Hill: near surface - target at depth
Bald Hill near surface high grade gold – target at depth For personal use only 3D IP geophysical model – 3D oblique view 3D IP Untested target - extension of near surface mineralisation to depth as a ‘pipe’ / feeder zone target 10
Slide 12: New Constitution
New Constitution 2016 – second high grade discovery For personal use only New Constitution 10m @ 26.9g/t Au, 165g/t Ag and 6% Zn from 51m (open) incl. 7m @ 36.3g/t Au, 220g/t Ag and 7.9% Zn from 51m (open) Follow-up of 4m @ 5.3g/t Au and 3m @ 3.7g/t Au in oxide zone, could indicate supergene gold de
Slide 13: New Constitution: near surface - leakage
New Constitution near surface high grade gold - leakage For personal use only Collectively 3km of untested targets – Recent drilling completed with more drill results awaited 12
Slide 14: New Constitution: big untested bulk tonnage IP targets
New Constitution big untested ‘bulk tonnage’ IP targets For personal use only 13
Slide 15: Triumph gold project: multi-million ounce potential upside
Triumph gold project multi-million ounce potential upside For personal use only Bulk tonnage gold High grade gold Two targets drilled to date Near surface high grade gold discovered High grade leakage of Bulk tonnage style something LARGE? potential associated with causative intrusive 14
Slide 16: Looking Forward
Looking Forward Triumph programme 12 months For personal use only The next 12 months Drilling (6,000m of RC and DD) 60% Targeting high grade gold resources – New Constitution and Bald Hill) 30% other priority targets (Advance, Handbrake Hill, Cattle Ck) 10% bulk tonnage targets (Harmony) 15
Slide 17: Eidsvold Project
Eidsvold Project past production (100,000oz) early 1900’s For personal use only 18Moz Au established gold producing district 28
Slide 18: Eidsvold Project: fertile intrusive complex
Eidsvold Project fertile intrusive complex For personal use only 100,000oz historical goldfield hosted by intrusive basement exposed through sedimentary cover Alteration and structural targets defined in a 10km long corridor represent potential intrusive related gold systems Discovery of intru
Slide 19: Eidsvold Project: first mover advantage / opportunity
Eidsvold Project first mover advantage / opportunity For personal use only Now opens up 250km2 of virtually unexplored, prospective fertile intrusive complex hosting historical goldfield Large ground holding secured Magnetite destruction an important targeting tool Potential for early succes
Slide 20: Summary
Summary Metal Bank Limited For personal use only Triumph Project Drilling Next 6-12 Months - Potential for significant uplift in value through further discoveries, resource definition and development First Mover Advantage – Under explored high quality targets with two near surface high grade dis
Slide 21: Metal Bank Limited: contact us
Metal Bank Limited contact us For personal use only ASX Code: MBK www.metalbank.com.au Tony Schreck Director +61 419 683 196 tony@metalbank.com.au “Go out and find me 100,000oz Au….. ……….and then grow it to 10Moz Au” 20