Meeka Metals Limited · ASX:MEK
Meeka Metals — Australian Gold Conference 2023
23 slides from Meeka Metals's conference presentation, Aug 29, 2023
Slide 1: Australian Gold Conference Presentation
Australian Gold Conference Presentation 29 August 2023 Tim Davidson | Managing Director
Slide 2: Important Information
IMPORTANT INFORMATION Disclaimer This information contained in this presentation is issued by Meeka Metals Limited (“Meeka” or “the Company”). The information contained herein is confidential and proprietary to the Company and is provided to recipients on the terms and conditions set out in this dis
Slide 3: A High-Grade Gold Project
A High-Grade Gold Project Growing the Murchison Gold Project while advancing to ‘Production Ready’. Located in the tier 1 mining jurisdiction of Western Australia. July 2023 FS outlines gold production of 663,000oz over 9.3 years, 80,000ozpa over the first 8 years, peak production of 103,000oz in ye
Slide 4: Experienced Team with 'Skin in the Game'
Experienced Team with ‘Skin in the Game’ Board and management have invested $2.8M in the Company to date. Capital Structure Board Share Price (close price 28 Aug 2023) $/share 0.050 Paul Chapman Non-Executive Chairman Tim Davidson Managing Director & CEO Shares on Issue M 1,102 Roger Steinepreis Non
Slide 5: Excellent Operating Address in the Murchison
Excellent Operating Address in the Murchison Strategically located, high grade 1.2Moz @ 3g/t gold Mineral Resource. Ability to leverage off excellent built infrastructure in the region: ▪ Accommodation in Meekatharra. ▪ Sealed highway access and airstrip in Meekatharra. ▪ Combined >5Mtpa of existing
Slide 6: Strategic Asset with Strong Growth Opportunities
Strategic Asset with Strong Growth Opportunities Substantial opportunity to build on the high grade 1.2Moz @ 3g/t gold Mineral Resource. 100% MEK ownership in the Murchison Gold Project. Large 281km2 landholding. 100% of Mineral Resources and Ore Reserves are on granted Mining Leases. Key focus is n
Slide 7: Key July 2023 Feasibility Study Outcomes
Key July 2023 Feasibility Study Outcomes Key Project Metrics Pre-Production Capital Costs Initial Project Life Years 9.3 Site Infrastructure $M 27 Processing Throughput Mtpa 1.0 Processing Plant $M 68 Avg. Gold Production - years 1 to 8 Koz pa 80 Open Pit $M 13 Avg. Gold Production (Life of Project)
Slide 8: Leveraging Valuable Existing Infrastructure
Leveraging Valuable Existing Infrastructure Andy Well: high-grade, high value mill feed. Located on a granted Mining Lease with valuable existing infrastructure including workshop, stores, powerhouse, partial mill and 6km of UG decline development. Mine placed on care and maintenance in 2017 due to
Slide 9: Shallow Gold, No Prior Mining, Bulk Tonnage
Shallow Gold, No Prior Mining, Bulk Tonnage Turnberry: base load oxide mill feed. Located on a granted Mining Lease, 15km southeast of Andy Well. Shear hosted gold with 685koz @ 2.0g/t Au in Mineral Resource. Virgin deposit with no prior mining. 1.7km strike length – remains open to the north, south
Slide 10: 1.7km Strike – Abundant Opportunity to Expand and Extend
1.7km Strike – Abundant Opportunity to Expand and Extend Turnberry averages 1,600oz’s per vertical metre to a depth of 200m where the density of drilling reduces. Slide 10
Slide 11: Shallow, High-Grade Oxide Gold
Shallow, High-Grade Oxide Gold St Anne’s: oxide deposit 3.5km south of Turnberry. Located on a granted Mining Lease and can piggyback off infrastructure installed at Turnberry. 25koz @ 2.8g/t gold Mineral Resource. Virgin deposit with no prior mining. 550m strike length, open to the south and at dep
Slide 12: A 25km Long Growth Target
A 25km Long Growth Target The Archean Gnaweeda Greenstone Belt. The Fairway shear zone within the fertile, 25km long Archean Gnaweeda Greenstone Belt presents a compelling growth target. Currently hosts 0.7Moz in Mineral Resource but remains largely untested. Transported cover renders historical sha
Slide 13: Target Rich, Highly Fertile Gold Corridor
Target Rich, Highly Fertile Gold Corridor Ongoing growth drilling initially targeting a 7km stretch of poorly tested greenstones along strike of Turnberry and St Anne’s. The Turnberry discovery exemplifies the outstanding results from following up low level gold anomalism within this greenstone belt
Slide 14: Active Focus on Discovery Also Delivering Gold Results Outside the Murchison
Active Focus on Discovery Also Delivering Gold Results Outside the Murchison High-grade primary gold drilled at Circle Valley in 2022 and 2023. Important features for possible large Proterozoic gold system are present: ▪ Zone of major tectonic activity on the margin of the Yilgarn Craton. ▪ Large in
Slide 15: Appendix 1: Murchison Gold Project Mineral Resource Statement
Appendix 1 Murchison Gold Project Mineral Resource Statement. Measured Indicated Inferred Total Location Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces ('000t) (g/t) ('000oz) ('000t) (g/t) ('000oz) ('000t) (g/t) ('000oz) ('000t) (g/t) ('000oz) Andy Well 150 11.4 55 1
Slide 16: Appendix 2: Murchison Gold Project Ore Reserve Statement
Appendix 2 Murchison Gold Project Ore Reserve Statement. Cut-off Proven Probable Total Grade Location Grade Tonnes Grade Ounces Tonnes Grade Ounces Tonnes Grade Ounces (g/t) ('000t) (g/t) ('000oz) ('000t) (g/t) ('000oz) ('000t) (g/t) ('000oz) Open Pit Turnberry 0.5 - - - 1,400 1.6 72 1,400 1.6 72 St
Slide 17: Supplementary Slides: Non-gold Portfolio Projects
Supplementary Slides Non-gold Portfolio Projects
Slide 18: Emerging Province Scale Rare Earths Opportunity
Emerging Province Scale Rare Earths Opportunity The Albany-Fraser Mobile Belt is an emerging clay hosted rare earths province. Province scale opportunity. Tier 1 location. 2,500km2 landholding. 100% ownership. Excellent infrastructure including port access through Esperance. Abundant renewable wind
Slide 19: High Value NdPr Magnet Elements Key to Project Economics
High Value NdPr Magnet Elements Key to Project Economics Circle Valley rare earth Mineral Resource has a high 25% NdPr:TREO ratio. Shallow rare earth Mineral Resource of 98Mt @ 890ppm TREO entirely within an optimised pit shell reported in June 2023 High 25% average NdPr:TREO ratio. Contains 21,560t
Slide 20: Thick, Shallow, High-Grade Mineralisation at Cascade
Thick, Shallow, High-Grade Mineralisation at Cascade A step change in scale: 10x the size of Circle Valley. Remarkable scale potential: ▪ 100km east to west. ▪ 65km north to south. Shallow, high-grade mineralisation up to 0.6% TREO. High average NdPr:TREO ratio of 20% in drilling completed to date.
Slide 21: Significant Regional Potential
Significant Regional Potential 25km by 10km target defined by high-grade surface samples in northern half of Cascade. 925km2 northern half of Cascade remains untested by drilling. Auger surface samples taken from the depleted surface horizon (1m depth) grade up to 633ppm TREO. High value NdPr averag
Slide 22: Appendix 3: Circle Valley Rare Earth Mineral Resource Statement
Appendix 3 Circle Valley Rare Earth Mineral Resource Statement. Tonnes TREO TREO-CeO2 NdPr Sc2O3 Classification (Mt) (ppm) (ppm) (ppm) (g/t) Inferred 98 890 660 220 25 Total 98 890 660 220 25 TREO (Total Rare Earth Oxide) = La2O3 + CeO2 + Pr6O11 + Nd2O3 + Sm2O3 + Eu2O3 + Gd2O3 + Tb4O7 + Dy2O3 + Ho2O
Slide 23: eos
eos ASX:MEK (08) 6388 2700 info@meekametals.com.au meekametals.com.au DISCOVER GROW DEVELOP