Medallion Metal Ltd · ASX:MM8
Medallion Metal — Medallion Metals — RIU Resurgence Conference 2021
21 slides from Medallion Metal's conference presentation, Dec 1, 2021
Slide 1: RIU Resurgence Conference announcement
For personal use only 1 December 2021 ASX:MM8 RIU Resurgence Conference Medallion Metals Limited’s Managing Director, Paul Bennett, will be presenting at the RIU Resurgence Conference on Wednesday, 1 December 2021. The presentation to be delivered at the conference is attached. This announcement is
Slide 2: High Grade Gold & Copper in Western Australia
For personal use only HIGH GRADE GOLD & COPPER IN WESTERN AUSTRALIA Investor Presentation December 2021 1
Slide 3: Important Notices
Important Notices Nature of Document: This presentation has been prepared and issued by Medallion Metals Ltd (Company) to provide general information about the Company. The information in this document is in summary form and should not be relied upon as a complete and accurate representation of any
Slide 4: Investment Highlights
Investment Highlights District scale opportunity, Tier 1 Jurisdiction For personal use only 1 2 0.7Moz Au resource, multiple growth opportunities 3 Approvals, studies advanced 4 45,000m drill programme underway 5 Strategy: production scenario 100kozpa + 7 years 3
Slide 5: Corporate
Corporate Corporate structure (ASX: MM8)1 Board Shares 195.6m Non-Executive Chair John Fitzgerald For personal use only Share price $0.21 Managing Director Paul Bennett Market cap $41.1m Non-Executive Director Anthony (Tony) James Options 38.2m (w.avg strike $0.302) Non-Executive Director Ed Ainscou
Slide 6: Peer Comparable Analysis
Peer Comparable Analysis At $51/oz, Medallion represents substantial value relative to ASX WA Gold Peers EV/Resource ($/oz) Select ASX Peers For personal use only $350/oz $300/oz $287/oz $250/oz $243/oz $197/oz $200/oz $153/oz $150/oz $125/oz $103/oz $100/oz $79/oz $70/oz $63/oz $60/oz $51/oz $49/oz
Slide 7: Ravensthorpe Gold Project – building critical mass
Ravensthorpe Gold Project – building critical mass MM8 has the dominant landholding across the Annabelle Volcanics ~40km of 2021 DRILLING; For personal use only prospective stratigraphy host to 32,000m RC & DDH Au (+/- Cu, Ag) 26,000m resource ~128koz Au and 20kt extensional, KMC Cu produced f
Slide 8: Exploration update – KMC
Exploration update – KMC Value leveraged to resource/mine life extension 674koz JORC MRE, 80% Indicated, 92% within For personal use only 200m of surface Average depth of drilling 85m, deepest drill hole 300m Lodes open at depth and along strike Aggressive extensional programme (26,000m) targeti
Slide 9: Kundip Mining Centre Long Section
1 1 6 269 250mN 6 269 500mN I i T 1 6 269 750mN 6270 000mN 6 270 250mN 6 270 500mN I 6270 750mN 6 271 000mN 1 6271 250mN A HARBOUR VIEW 8s) S75 af | DD21KP962 (| 215.8 10.1) \3.3/10.1/3.1) = OniRL ~=100mRL = -200mRL = -300mRL \\ \ \ \\ (DD21KP997.__) (f ) (Do2IKPa59 (2.38/4,26/7.19) |1.97/5.13/ 2. i
Slide 10: Ravensthorpe Gold Project – Mineralogy
Ravensthorpe Gold Project – Mineralogy Deflector Analogy For personal use only 1,723koz Deflector basis of development 674koz 591koz Deflector South-West exploration development face (SLR: ASX announcement 5 June 2020) Source: SLR Resource & Reserve Statement (SLR: ASX 15 September 2021) RGP analo
Slide 11: Strategic focus on Au-Cu
Strategic focus on Au-Cu Portfolio managed for the maximum benefit of MM8 shareholders For personal use only Buy back ESS royalty over RGP, Divest ultramafic ground into Jerdacuttup: 400km2 Proterozoic $200K MM8 shares NickelSearch Ltd (ASX: NIS) sedimentary basin Increase shareholder exposu
Slide 12: Medallion Value Proposition
Medallion Value Proposition Western Australia For personal use only Belt scale 0.7Moz Au and growing 45,000m drilling underway Experienced Board & Management Massive pyrite-chalcopyrite-pyrrhotite sulphide mineralisation intersected at Harbour View, DD17KP873: 5.3 m @ 17.1 g/t Au, 21 g/t Ag, 7.3% Cu
Slide 13: Appendices
For personal use only Appendices 12
Slide 14: Appendix 1: Pro-forma capital structure & cash balance
Appendix 1: Pro-forma capital structure & cash balance Pre-placement Placement Pro-forma Comments For personal use only Shares 170,522,545 25,069,570 195,592,115 394,737 shares to be placed with Directors subject to shareholder approval Options 4,220,000 @ 0.010 2,000,000 @ 0.285 38,188,600 @ 0.302
Slide 15: Board of Directors
Board of Directors PAU L B E N N E T T Managing Director Mr Bennett is a Mining Engineer with an MBA who has extensive experience in the operation, For personal use only development and financing of resource companies and projects over a 25-year period. He has worked in technical, management and bus
Slide 16: Appendix 1: Ravensthorpe Gold Project Feasibility Study Outcomes
Appendix 1: Ravensthorpe Gold Project Feasibility Study Outcomes1 Robust base case (A$2,173/oz Au), returns significantly enhanced at spot Cut-off Indicated Inferred Total Units Base Spot grade Project physicals For personal use only kt Au (g/t) Au (koz) kt Au (g/t) Au (koz) Kt Au (g/t) Au (koz) (g/
Slide 17: Appendix 2: Detailed Peer Data
Appendix 2: Detailed Peer Data Peer Comparable Data For personal use only Mineral Resource3 Market Mineral Resource3 Mineral Resource3 Mineral Resource3 Ore Reserves3 Ore Reserves3 Cash2 Debt2 Enterprise Value (M&I only) (cont Ticker Company (by Market Cap) Capitalisation1 (cont. Au) (grade) (M&I on
Slide 18: Appendix 3: Kundip Mining Centre, Resources & Reserves
Appendix 3: Kundip Mining Centre, Resources & Reserves Mineral Resource Estimate for the Kundip Deposits (Kaolin – December 2019, Harbour View & Flag – June 2020), Ravensthorpe Gold Project Indicated Inferred TOTAL For personal use only Deposit Cut-off (g/t) Tonnes Ounces Tonnes Ounces Tonnes Ounces
Slide 19: Appendix 4: Trilogy Mineral Resource Estimate
Appendix 4: Trilogy Mineral Resource Estimate Au Ag Cu Pb Zn Au Ag Cu Pb Zn Trilogy - March 2018 kt g/t g/t % % % koz koz kt kt kt Ind 129 2.4 85.3 0.5 - - 10 354 0.6 - - For personal use only OC Ox Inf 336 1.9 71.7 0.1 - - 21 774 0.3 - - (CuEq > 0.5%) Ind 4,476 0.8 52.5 1.4 2.8 1.6 121 7,556 62.0 1
Slide 20: Appendix 5: Competent Person Statement
Appendix 5: Competent Person Statement EXPLORATION RESULTS For personal use only The information in this announcement that relates to exploration results is based on information compiled by Mr David Groombridge, a Competent Person who is a Member the Australasian Institute of Mining and Metallurgy (
Slide 21: Questions & further information
Questions & further information For personal use only C O N TA C T Stephen Moloney, Investor Relations stephen@corporatestorytime.com MAIN OFFICE Suite 1/11 Ventnor Avenue, West Perth WA 6005 PHONE (08) 6424 8700 EMAIL info@medallionmetals.com.au www.medallionmetals.com.au FOLLOW US @MM8_Medallion