Magmatic Resources Ltd. · ASX:MAG
Magmatic Resources — RIU Conference Fremantle (February 2019)
24 slides from Magmatic Resources's conference presentation, Feb 21, 2019
Slide 1: Positioned for Discovery
For personal use only POSITIONED FOR DISCOVERY Advanced Gold, Copper and Base Metals Portfolio in Australia’s Leading Resources Regions magmaticresources.com 21 February 2019 ASX:MAG
Slide 2: Disclaimer Important Information
Disclaimer Important Information For personal use only Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward- looking information, including risks ass
Slide 3: Pre-discovery Opportunity in buoyant Gold and Copper commodity markets
Pre-discovery Opportunity in buoyant Gold and Copper commodity markets Formed MAG in 2014 to purchase 4 advanced projects in the East Lachlan, NSW: from For personal use only Gold Fields Limited (GF) worlds 7th largest gold miner; who spent $13.5M on exploration and have retained a 15% shareholding
Slide 4: For personal use only
For personal use only Note: Mean/Average forecast only. Due to uncertainty in commodity prices and exploration success the likely forecast figure (at a 90% Confidence Interval) will vary by +/-40%. Source: MinEx Consulting © October 2017 magmaticresources.com 4 ASX:MAG
Slide 5: For personal use only
For personal use only magmaticresources.com 5 ASX:MAG
Slide 6: For personal use only
For personal use only magmaticresources.com 6 ASX:MAG
Slide 7: For personal use only
For personal use only magmaticresources.com 7 ASX:MAG
Slide 8: Porphyry Copper Gold deposits explained
Porphyry Copper Gold deposits explained • Porphyry deposits are the world's most important source of Copper (Cu) and For personal use only Molybdenum (Mo), and are major sources of Gold (Au). They account for about 50 to 60% of world Copper production. • Porphyry deposits typically contain hundreds
Slide 9: #1 in Australia: porphyry Copper Gold
#1 in Australia: porphyry Copper Gold : > 66Moz Gold & 11Mt Copper1 For personal use only • USGS estimates 4 to 10 undiscovered porphyry copper- gold deposits2 • Fortescue opened office in Orange and actively exploring for copper • Newcrest (Cadia Valley: 52Moz Gold & 9.2Mt Copper) actively seeking
Slide 10: Newcrest's Cadia Valley vs MAG porphyry projects
Newcrest’s Cadia Valley vs MAG porphyry projects Newcrest: Cadia Valley 52Moz Gold & 3.7Mt MAG For personal use only Copper Myall Project: Kingswood Target Best Intercepts2 : 1991 - 1995 Newcrest exploration included an • 121m at 0.4% Cu, 0.09g/t Au (MYACD001, from 103m), including: 70m at 0.54% Cu
Slide 11: MAG vs Staveley Minerals Ltd porphyry targets: best intercepts
MAG vs Staveley Minerals Ltd porphyry targets: best intercepts Staveley: ~$50m Mkt Cap MAG: ~$4m Mkt Cap For personal use only Myall Project: Kingswood Target Best Victoria: Thursday’s Gossan target Best Intercepts: Intercepts1: • 70m at 0.54% Cu and 0.15 g/t Au • 63m at 0.84% Cu and 0.11g/t Au (SMD
Slide 12: Parkes: Cu-Au porphyry & Epithermal Au project JV
Parkes: Cu-Au porphyry & Epithermal Au project JV • JV with JOGMEC (Japanese government resources agency) is prospective for porphyry Copper-Gold, and orogenic Gold. Further $1M 2018-19 budget For personal use only approved • Recent drilling at MacGregors Gold Prospect identified a 2km long Gold tre
Slide 13: Myall: Cu-Au porphyry and Epithermal Au project
Myall: Cu-Au porphyry and Epithermal Au project • High order targets within the previously identified porphyry Copper Gold system For personal use only • Very large volcano-intrusive complex in the East Lachlan, similar age as Cadia Valley and Northparkes porphyry systems Barina • MAG and Gold Field
Slide 14: Myall: Greater Kingswood: Northparkes comparison
Myall: Greater Kingswood: Northparkes comparison • Copper anomaly similar size For personal use only and tenor to Northparkes • Northparkes is a giant deposit with a long mine life • Northparkes – 12 porphyry centres, with 5 main production areas • Myall: 2.5 by 1-1.5km • Northparkes: 2.5 by 1-2km •
Slide 15: Myall: Kingswood Prospect – Cross section
Myall: Kingswood Prospect – Cross section • Reduced drill risk – already found porphyry system For personal use only • Northparkes: irregular style deposits (sub-circular to lensoidal in plan) • We are in the system and we believe further drilling will define mineralisation • Myall intersections sim
Slide 16: Myall: Greater Kingswood area – SLR cross section
Myall: Greater Kingswood area – SLR cross section ✓ Untested eoh anomaly (SLR) warrants immediate drill testing. ✓ SLR1: 1m at 0.22% Cu (eoh), not tested, potassic alteration in For personal use only immediate vicinity (below). Anomalous Mo-Te. 0.22% Cu MYAC153 eoh, partly contaminated, PY-CPY 1. MA
Slide 17: Wellington North: Gold & Cu-Au porphyry project
Wellington North: Gold & Cu-Au porphyry project • Tenements cover large volcanic-intrusive centre in the northern end For personal use only of the Molong Rise, which hosts Newcrest’s Cadia Valley porphyry Copper Gold deposits • Mineralisation characterised by shallow cover – easy to explore and pote
Slide 18: Wellington North: Gold & Cu-Au porphyry project
Wellington North: Gold & Cu-Au porphyry project • Immediate regional setting has three identified porphyry mineralised systems: Rose Hill and Mayhurst, within Wellington For personal use only North Project, and the nearby Kaiser prospect held by Alkane • Previous drilling at Rose Hill Gold-Copper po
Slide 19: Moorefield: Au & Base Metals project
Moorefield: Au & Base Metals project • Boxdale Gold Prospect: Old gold workings in quartz-veined For personal use only shear zones, with previous intercepts including 19m at 1.28 g/t Au (from 114m in BDRC001)1 • Carlisle Reefs Gold Prospect: Gold associated with quartz veins in strongly sheared and
Slide 20: Moorefield Project: Gold and VMS
Moorefield Project: Gold and VMS Moorefield presents an opportunity to realise near term value through exploration of multiple drill ready near For personal use only surface Au prospects and significant Tritton style Cu targets Major prospects: Boxdale, Carlisle Reefs, L’Estrange, Patton’s, Ghost Hi
Slide 21: 14km Gold Corridor: Boxdale – Carlisle Reefs
14km Gold Corridor: Boxdale – Carlisle Reefs Boxdale Au-(As-Ag-Cu-Bi) Trend For personal use only • Meta-sediment hosted, epithermal quartz- sulphide Au-As-Ag-Cu-Bi vein system, with Cobar type polymetallic (Au-Cu-Ag-Pb-Zn-Bi- As) potential at depth • Shallow Au-Ag RC drill intersections (5 GFA RC h
Slide 22: WA target generation projects
WA target generation projects • Portfolio diversified in 2018, picking up two greenfields For personal use only exploration projects in proven mineralised district of the Yamarna belt • Mt Venn project covers 60% of the Mt Venn Igneous Complex and along strike of the copper-nickel-cobalt sulphide di
Slide 23: Corporate Profile and Exploration capability
Corporate Profile and Exploration capability Tight capital structure: Exploration capability: For personal use only • Exploration Manager, Steven Oxenburgh: 30 years’ • 117m fully paid Ordinary Shares on issue, exploration experience, including Exploration Manager, with Millennium Minerals Ltd and s
Slide 24: Peer Analysis
Peer Analysis Magmatic Resources Ltd (MAG) believes that Impact Minerals Limited (IPT), Stavely Minerals Limited (SVY) and Great Boulder Resources Ltd (GBR) are useful ASX listed proxies to benchmark the potential market valuation of MAG against. For personal use only MAG IPT SVY GBR Share Price $0.
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