Qmines Ltd. · ASX:QML
Qmines — Investor Presentation (July 2024)
17 slides from Qmines's investor presentation, Jul 30, 2024
Slide 1: Share in Our Exciting Future
For personal use only July 2024 Share in Our Exciting Future... 1
Slide 2: Important Information
Important Information DISCLAIMER For personal use only This document is confidential and may not be reproduced, redistributed or passed on, directly or indirectly. This document is neither a prospectus nor an offer to subscribe for Shares. QMines Limited ACN 643 212 104 (QMines) and its directors, o
Slide 3: Updated Growth Strategy: Visualise Mt Chalmers Deposit
For personal use only Visualise Updated Growth Strategy Mt Chalmers Deposit 3
Slide 4: Regional Strategy
For personal use only Regional Strategy Updated Strategy Onsite Processing Critical Metals Plant Production Hub QMines 3 year growth strategy involves building a regional processing plant, servicing Mining Multiple several regional Deposits mines creating a critical metals production hub offering a
Slide 5: Mt Chalmers Deposit
For personal use only High-Grade Reserves¹ Mt Chalmers Deposit¹ Shallow Large Resource Open Pit¹ with Significant Upside Since listing in May 2021, QMines has delivered five resource updates at Mt Excellent Chalmers bringing the Metallurgy¹ total resource to 11.3Mt @ 0.75% Cu, 0.42g/t Au, 4.6g/t Ag,
Slide 6: Deliver: Rapid Resource Growth and Pre-Feasibility Study
For personal use only Deliver Rapid Resource Growth Pre-Feasibility Study 6
Slide 7: Rapid Resource Growth
Rapid Resource Growth QMines Limited (ASX:QML) 200,000 2.0% For personal use only Delivered Six 180,000 Resources¹ ² ³ 160,000 Rapid Resource 1.5% Growth 140,000 Large Drilling 120,000 Program Planned Management 100,000 Additional 1.0% That Delivers! Interest (100%) The QMines team 80,000 are on-tra
Slide 8: PFS Results
Production Grades Copper Equivalent Production 1.60 18,000 1.40 16,000 For personal use only 1.20 14,000 $373m Pre-Tax 1.00 NPV & 54% IRR 12,000 0.80 10,000 Pre-Feasibility 0.60 8,000 Study¹ 0.40 0.20 6,000 4,000 - 1 2 3 4 5 6 7 8 9 10 11 2,000 $192m CAPEX Outstanding Copper % Gold g/t CuEq % - 1 2
Slide 9: Grow: Exploration & Discovery
For personal use only Grow Mt Chalmers Upside Develin Creek Upside Exploration & Discovery 9
Slide 10: Mt Chalmers Upside
For personal use only Infill to Improve Confidence Mt Chalmers Upside¹ Drill Test Immediate & Extensions Known Upside² ³ Significant upside to PFS results remain with three additional deposits within 1.5km of Mt Chalmers yet to Optimise & be incorporated into Develop the mine plan. Incorporate Into
Slide 11: Develin Creek Upside
For personal use only Infill to Improve Confidence Develin Creek Upside¹ Drill Test Immediate & Extensions Known Upside Significant upside to PFS results remain with two additional deposits located approximately 90km of Optimise & Mt Chalmers, yet to be Develop incorporated into the mine plan. Incor
Slide 12: District Scale Project
For personal use only District Scale Project Exploration & Discovery Five Known Potential for Deposits Further Discoveries¹ ² With 40 Electro- Magnetic (EM) anomalies discovered in a 40 Anomalies recent EM survey, For Testing¹ ² the Mt Chalmers project provides shareholders with significant leverage
Slide 13: Monetise: Thoughts on Valuation
For personal use only Monetise Thoughts on Valuation 13
Slide 14: Thoughts on Valuation
QMines Limited (ASX:QML) ~$13m Share Price Vs Copper Price (US$/t) $0.60 $12,000 For personal use only Market Capitalisation Thoughts on $0.50 $10,000 Valuation ~$30m $0.40 $8,000 Invested Equity Market To Date Disconnect $0.30 $6,000 Despite delivering six resources, a Pre- Feasibility Study and $0
Slide 15: Share in Our Exciting Future
For personal use only May 2024 Share in Our Exciting Future... 15
Slide 16: Resource & Reserve Statements
Resource & Reserve Statements Appendix 1 Reserve Tonnes Cut Off Cu Au Zn Ag S For personal use only Deposit¹ Category (Mt) (% Cu) (%) (g/t) (%) (g/t) (%) Mt Chalmers Proven 5.1 0.3% 0.72 0.58 0.25 4.7 5.8 Mt Chalmers Probable 4.5 0.3% 0.57 0.37 0.29 5.5 3.6 Total¹ 9.6 0.3% 0.65 0.48 0.27 5.2 4.3 ¹ A
Slide 17: Resource & Reserve Statements (Continued)
Resource & Reserve Statements (Continued) Appendix 2 For personal use only Resource Tonnes Cut Off Cu Au Zn Ag Deposit¹ Category (Mt) (% CuEq) (%) (g/t) (%) (g/t) Develin Creek Indicated 1.5 0.5% 1.21 0.18 1.25 7.1 Develin Creek Inferred 1.7 0.5% 0.92 0.16 1.20 4.8 Total¹ 3.2 0.5% 1.05 0.17 1.22 5.9