Maritana Minerals Limited · ASX:MRT
Maritana Minerals — Horizon Minerals — Investor Presentation (June 2022)
24 slides from Maritana Minerals's investor presentation, May 31, 2022
Slide 1: Investor Presentation June 2022
For personal use only INVESTOR PRESENTATION JUNE 2022
Slide 2: Disclaimer and Important Notices
DISCLAIMER AND IMPORTANT NOTICES For personal use only Nature of Document expressions. Forward looking statements, opinions and estimates included in this Presentation are based on assumptions and contingencies which are subject to change without notice, as are statements about market and industry t
Slide 3: Project Overview: Exploring for New Discoveries in Australia
PROJECT OVERVIEW EXPLORING FOR NEW DISCOVERIES IN AUSTRALIA For personal use only Highly strategic projects and exposure to multiple commodities 1,100 sq km +1.15Moz 1 ~65,000m Large, strategic WA Gold Mineral Resource FY23 drilling program Goldfields landholding focussed on exploration upside 2 Ni-
Slide 4: About Horizon: Corporate Snapshot
ABOUT HORIZON CORPORATE SNAPSHOT For personal use only Capital Structure 1 Share Price History Shares M 567.9 $0.16 6,000,000 Unlisted Options M 24.0 $0.14 5,000,000 Share price A$ 0.14 $0.12 $0.10 4,000,000 Market capitalisation A$M 79.5 $0.08 3,000,000 $0.06 2,000,000 Cash position + listed invest
Slide 5: Highly Strategic Assets
SIGNFICANT UPSIDE FOR PRECIOUS, BASE AND ENERGY METALS HIGHLY STRATEGIC ASSETS For personal use only Richmond Vanadium Project (QLD) • 1,500km2 (25% interest) • Resource of 1.8Bt of ore with 6.6Mt V2O5 metal 1 • PFS Reserve of 459Mt @ 0.5% V2O5 (Reserve of 100+ years) 1 • NPV10% A$1.02B, IRR 62%, Pa
Slide 6: Resource Growth - Gold
CURRENT RESOURCES UNDER PIN VALUE AND REMAIN OPEN ALONG STRIKE AND AT DEPTH RESOURCE GROWTH - GOLD For personal use only • 1.15Moz Au Mineral Resource at 1.7g/t Au with 76% in M&I1 • Large base load deposit at Boorara with trial mining and toll milling confirming grade and metallurgy • Base load com
Slide 7: Binduli - Teal (Gold)
RECENT DRILLING HIGHLIGHTS RESOURCE GROWTH POTENTIAL BINDULI – TEAL (GOLD) For personal use only • Resource of 5Mt grading 2.1g/t Au for 325koz 1 • Large holding in major gold producing region • 10,000m drilling planned focussed on 2: o Extensions at Teal, Crake and Coote o Follow up drilling at Kes
Slide 8: Yarmany (Gold, Nickel-Cobalt)
FOCUS ON NEW DISCOVERIES ACROSS THREE PRIORITY PROJECT AREAS YARMANY (GOLD, NICKEL – COBALT) For personal use only • Extensive targeting and field work completed including: o Geophysics, geochemistry, seismic, gravity and soils/rock chips • High priority targets identified and drilling commenced in
Slide 9: Boorara - Cannon (Gold - Nickel)
FOCUS ON NEW DISCOVERIES ACROSS THREE PRIORITY PROJECT AREAS BOORARA – CANNON (GOLD – NICKEL ) For personal use only • Geoscience and structural geology study identified multiple targets from Kanowna in the north to Golden Ridge in the south • First pass Air Core and RC drilling completed in 2021 wi
Slide 10: Lakewood (Gold, Nickel, PGE)
UNDEREXPLORED TENURE ON MAJOR GEOLOGICAL STRUCTURES LAKEWOOD (GOLD, NICKEL, PGE) For personal use only • Located immediately south of the Superpit • Seismic, gravity and aeromagnetic studies identify multiple walk-up targets • First pass Air Core drilling completed over mafic / ultramafic intrusives
Slide 11: Cash Generation
MONETISING HIGH GRADE ASSETS UNDER A CONTRACT MINING – TOLL MILLING MODEL CASH GENERATION For personal use only • Assets close to existing infrastructure • Potential to develop a sequence of low tonnage high grade deposits 1 • Cannon resource of 32koz grading 4.3g/t Au with PFS completed and approva
Slide 12: Richmond - Julia Creek Vanadium: Intention to Demerge and List
INTENTION TO DEMERGE AND LIST INTO DEDICATED IPO VEHICLE AND ADVANCE DFS RICHMOND – JULIA CREEK VANADIUM For personal use only • Horizon owns 25% interest in the 1.8Bt Richmond – Julia Creek oxide vanadium project in Northwest Queensland 1 • Extensive drilling, metallurgical test work and process fl
Slide 13: Richmond - Julia Creek Vanadium
WORLD CLASS DEPOSIT FOR USE IN STEEL AND EMERGING GRID SCALE ENERGY STORAGE MARKET RICHMOND – JULIA CREEK VANADIUM For personal use only • PFS Reserve of 459Mt @ 0.5% V2O5 (Reserve of 100+ years) 1 • Shallow open pit mining, concentrate generation onsite to 1.5 – 1.8% V2O5 and conventional processin
Slide 14: Horizon Activates Its Sustainability Journey
OUR PATH TO GROWING A SUSTAINABLE AND PROFITABLE BUSINESS HORIZON ACTIVATES ITS SUSTAINABILITY JOURNEY For personal use only To go beyond our obligations and to continuously STRATEGY look at ways to integrate sustainability across our OBJECTIVE business. Established our Environmental, Social, Govern
Slide 15: Key Milestones and Newsflow
OUR PATH TO GROWING A SUSTAINABLE AND PROFITABLE BUSINESS KEY MILESTONES AND NEWSFLOW 1 For personal use only RVT Listing gives HRZ shareholders: Gold and base metal Free allocation of RVT shares drilling results from Priority offering in RVT IPO Yarmany, Lakewood, Greater Boorara, Resource Cann
Slide 16: In Summary
AN ACTIVE, AGILE EXPLORER LED BY A DETERMINED TEAM IN SUMMARY For personal use only Highly strategic asset position in close proximity to existing infrastructure and services within one of the most prolific and safe mineral provinces in the world 175 years of collective experience +1.15Moz Large sca
Slide 17: Board and Management Appendices
BOARD AND MANAGEMENT For personal use only APPENDICES 17
Slide 18: Leadership Team
175+ YEARS COMBINED EXPERIENCE OPERATING IN THE WA GOLDFIELDS LEADERSHIP TEAM For personal use only Ashok Parekh, Non-Executive Chair Grant Haywood, Chief Operating Officer • Chartered accountant with over 40 years’ experience who owns a large Accounting • Mining Engineer with over 30 years’ experie
Slide 19: Kestrel - Gold
UNTESTED AREAS IN CLOSE PROXIMITY TO MAJOR DISCOVERIES KESTREL - GOLD For personal use only 19
Slide 20: Nimbus Silver - Zinc Project
RETAIN AND COMPLETE FURTHER ECONOMIC STUDIES TO MAXIMISE OPTIONALITY NIMBUS SILVER – ZINC PROJECT For personal use only • Located adjacent to the Boorara gold project with shared infrastructure • Mineral Resources of 12Mt @ 52g/t Ag and 0.9% Zn 1 • High grade core below the discovery pit of: o 260kt
Slide 21: Gold Resource Statement
GOLD RESOURCE STATEMENT For personal use only Horizon Minerals Limited – Summary of Gold Mineral Resources Cut-off Measured Indicated Inferred Total Resource Project grade Au Au Au Au (g/t) Mt Oz Mt Oz Mt Oz Mt Oz (g/t) (g/t) (g/t) (g/t) Boorara OP 0.5 1.28 1.23 50,630 7.19 1.27 294,140 2.56 1.26 10
Slide 22: Non Gold Resource Statement
NON GOLD RESOURCE STATEMENT For personal use only Confirmation Cut-off Tonnage Grade Metal content (Mt) Project The information is this report that relates to Horizon’s Mineral Resources grade % (Mt) % V2O5 ppm Mo ppm Ni V2O5 Mo Ni estimates on the Richmond Julia Creek vanadium project and Nimbus Si
Slide 23: Forward Looking and Cautionary Statement
FORWARD LOOKING AND CAUTIONARY STATEMENT For personal use only • As noted on Slide 2, some statements in this Presentation regarding estimates or future events are forward looking statements. They include indications of, and guidance on, future earnings, cash flow, costs and financial performance. F
Slide 24: Contact
For personal use only CONTACT CONTACT Jon Price Managing Director T: +61 (08) 9386 9534 E: admin@horizonminerals.com.au W: www.horizonminerals.com.au PO Box 1104 Nedlands WA 6909 163 Stirling Highway Nedlands WA 6009 24