Meeka Metals Limited · ASX:MEK

Meeka Metals — Bell Potter Unearthed 2023 Natural Resources Conference

22 slides from Meeka Metals's conference presentation, Feb 6, 2023

  1. Slide 1: Bell Potter Unearthed 2023 Natural Resources Conference

    ASX:MEK Bell Potter Unearthed 2023 Natural Resources Conference 6 February 2023

  2. Slide 2: Important Information Disclaimer

    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

  3. Slide 3: A Proven Board and Management Team

    A Proven Board and Management Team Board & Management with ‘skin in the game’ having invested $2.8m to date. Capital Structure Board Share Price (close price 3 Feb 2023) A$/share 0.058 Paul Chapman Non-Executive Chairman Shares on Issue M 1,068 Tim Davidson Managing Director & CEO Options on Issue M

  4. Slide 4: Value Underwritten by Gold

    Value Underwritten by Gold Vast potential upside opportunity in rare earth metals. 1.2Moz gold Mineral Resource & growing.  Strategically located in the Murchison. Potential large gold discoveries.  Murchison and Circle Valley. High-grade rare earths opportunity.  Tier 1 location, Province scale

  5. Slide 5: High-Grade 1.2Moz Mineral Resource in the Murchison

    High-Grade 1.2Moz Mineral Resource in the Murchison 100% ownership with a tier 1 infrastructure rich address.  Large 343km2 landholding.  High-grade Mineral Resource:  12.4Mt @ 3.0g/t Au for 1.2Moz  Mineral Resources all on granted Mining Leases.  100% control of Archean Gnaweeda greenstone bel

  6. Slide 6: Significant Organic Growth Opportunity Actively Being Realised Through Drilling

    Significant Organic Growth Opportunity Actively Being Realised Through Drilling A track record of Mineral Resource growth in the Murchison. Cumulative drill metres Mineral Resource  The Company’s key focus is on growing 75,000 75,000m 1.5Moz 1.5 the Mineral Resource. MRE Ounces discovered  Upgrade

  7. Slide 7: Fairway Shear, A 25km Long Growth Target

    Fairway Shear, A 25km Long Growth Target The broad, gold rich Fairway shear zone remains largely untested.  Highly fertile gold rich system.  25km long shear zone – runs north-south through the Archean Gnaweeda greenstone belt.  Currently hosts 0.7Moz but remains largely untested.  90% of the sh

  8. Slide 8: Shallow Drilling Delivering Results

    Shallow Drilling Delivering Results St Anne’s discovery in 2022 highlights growth opportunity.  Located centrally within the 25km long Fairway shear.  Identified through coincident arsenic and gold anomalism.  Hosted in mafic rocks.  Mineralisation influenced by oblique cross cutting shears.  D

  9. Slide 9: Mineral Resource Growth Supporting Advance to Production Ready Status

    Mineral Resource Growth Supporting Advance to Production Ready Status Pre-Feasibility Study underway – delivery in June 2023 quarter.  Mill capacity to be confirmed following release of the St Anne’s Mineral Resource in March 2023 quarter.  PFS production de-risked with multiple mines planned to f

  10. Slide 10: A Proven High-Grade Gold Mine

    A Proven High-Grade Gold Mine Andy Well: high-grade, high value mill feed for Pre-Feasibility Study.  Andy Well Mineral Resource:  1.8Mt @ 8.6g/t Au for 505koz  Produced 330koz at 8g/t from 2013 to 2017.  Mine placed on care and maintenance in 2017 due to depressed A$1,600/oz gold price.  Three

  11. Slide 11: Shallow Gold with No Mining Depletion

    Shallow Gold with No Mining Depletion Turnberry: base load oxide mill feed for Pre-Feasibility Study.  Located on the northern end of the 25km long Fairway shear on a granted Mining Lease.  Upgraded Turnberry Mineral Resource released in January 2023:  10.6Mt @ 2.0g/t Au for 685koz  Virgin depos

  12. Slide 12: 1.7km Strike Length – Open to the North, South and at Depth

    1.7km Strike Length – Open to the North, South and at Depth Turnberry averages ~1,600oz’s per vertical metre to a depth of 200m where the density of drilling reduces. 1.7km Strike Length Slide 12

  13. Slide 13: 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 discovered at Circle Valley in 2022.  Gold coincident with magnetic features.  Broad zones of primary gold intersected at Anomaly A in 2022:  23m @ 5.09g/t Au from 13m  24m @ 1.21g/t Au from 24m

  14. Slide 14: 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 ren

  15. Slide 15: High Value NdPr Magnet Elements Key to Project Economics

    High Value NdPr Magnet Elements Key to Project Economics Circle Valley drilling demonstrates high proportion of NdPr (~23% of TREO grade).  Shallow, high-grade mineralisation up to 6,894ppm TREO.  High proportion of NdPr – averages 23% of TREO grade.  Potential for additional value upside from Sc

  16. Slide 16: 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 5,791ppm TREO.  High value NdPr averages 20% of TREO grade in drilling co

  17. Slide 17: Significant Regional Potential to be Drilled in 2023

    Significant Regional Potential to be Drilled in 2023 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 TR

  18. Slide 18: Positive Initial REE Metallurgical Test work

    Positive Initial REE Metallurgical Test work High extraction of valuable NdPr elements. Upstream Beneficiation: 100  90.4% of the REE can be recovered in 90 the fine (-20µm) size fraction. Maximum 80 Upper Quartile  Can remove up to 65.5% of the mass by Median rejecting the coarse fraction (+20µm)

  19. Slide 19: Looking Forward

    Looking Forward Planned work program through 2023. Q1 Q2 Q3 Q4 Q1 CY23 CY23 CY23 CY23 CY24 Gold Work Programs Drilling GNA target drilling – Fairway Shear Zone (Murchison). RC strike/depth extension drilling – Anomaly A (Circle Valley). Study Work Pre-feasibility Study – Murchison Gold Project. Defi

  20. Slide 20: Value Underpinned by 1.2Moz Gold Mineral Resource

    Value Underpinned by 1.2Moz Gold Mineral Resource Key takeaways. Large high-grade gold Aggressively pursuing High-grade rare earth Mineral Resource Mineral Resource opportunity growth  1.2Moz Mineral Resource  Discovery of high-grade  Blue sky upside from large and growing. primary gold at Circle

  21. Slide 21: Appendix 1: Mineral Resource Statement

    Appendix 1 Mineral Resource Statement. Measured Indicated Inferred Total Project 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 1,050 9.3 315 650 6.5 135

  22. Slide 22: ASX:MEK

    ASX:MEK Tim Davidson Managing Director (08) 6388 2700 info@meekametals.com.au www.meekametals.com.au

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