Metal Bank Ltd · ASX:MBK
Metal Bank — Shareholder Meeting (November 2020)
12 slides from Metal Bank's shareholder meeting presentation, Nov 26, 2020
Slide 1: Big Gold in Southeast Queensland - Annual General Meeting
For personal use only BIG GOLD IN SOUTHEAST QUEENSLAND ANNUAL GENERAL MEETING NOVEMBER 2020 ASX: MBK
Slide 2: Disclaimer
Disclaimer For personal use only Purpose of this document This presentation has been prepared by Metal Bank Limited (“MBK") for general information purposes only using the information available to MBK at the time of publication. No reliance The information contained in this presentation is not inves
Slide 3: The Year in Review
Metal Bank Limited The Year in Review For personal use only 8 Mile Project – near Mt Rawdon gold mine (2M oz). Moved from discovery to an advanced project with a maiden Inferred Resource and Exploration Target1 and close to a potential bulk tonnage target Eidsvold Project –3D Modelling of geophysica
Slide 4: 8 Mile Advanced Gold Project
8 Mile Advanced Gold Project For personal use only Located near Mt Rawdon gold mine (2Moz) Multiple large-scale gold targets along >3.6km mineralized corridor at Eastern Target Refer next page Maiden Inferred Mineral Resource* 195,000t at 2.4 g/t Au using a 1 g/t Au cut- off and Exploration Target*
Slide 5: 8 Mile Flori's Find Prospect - Phase 1 Drilling
8 Mile Flori’s Find Prospect - Phase 1 Drilling For personal use only 2020 Phase 1 Drilling - Successful Direct Test for Bulk Tonnage Mineralisation First direct test for a bulk tonnage intrusive related Au system (ETDD037) intersected broad mineralization on the edge of the system High-grade Mo com
Slide 6: Eidsvold Project New Large Untested Targets
Eidsvold Project New Large Untested Targets For personal use only Drill Ready 7km² Great Eastern Target Similar scale and geophysical response to 3M oz Au Mt Leyshon deposit Located close to the Eidsvold Goldfield (100,000 oz Au historical production) Untested pluton with multiple prospects, includi
Slide 7: Eidsvold Project The Great Eastern Target
Eidsvold Project The Great Eastern Target For personal use only Five coincident, independent datasets all support the existence of a very large-scale intrusion related gold system beneath Great Eastern Target, including: • Airborne electro-magnetics (EM), • Induced polarisation (IP) geophysics • Air
Slide 8: Eidsvold Project Current Work Program
Eidsvold Project Current Work Program For personal use only Mt Brady Target Drilling commenced on the Great Eastern Target – results awaited Further drilling to test Forty Horse and to follow up 2014 Mt Brady drilling will be completed before year end Subject to results of first phase, the second ph
Slide 9: Corporate Overview
Corporate Overview Metal Bank Limited For personal use only ASX: MBK Shares 1,184.5M Options 1.5 cents exp 31/3/2022 165.8M Share price @ 23 November 1.2c Cash @ 30 September $2.8M Market cap $14.2M Top 20 shareholders 48% Strong shareholder and Directors / Management 18% management support 9
Slide 10: Experienced Team
Experienced Team With a track record of success For personal use only Inés Scotland – Executive Chair Former MD of Citadel Resource Group and CEO of Ivanhoe after working for large scale gold and copper companies in Australia, PNG, USA and the Middle East Trevor Wright – General Manager Exploration
Slide 11: Looking Ahead
Looking Ahead Project execution and new opportunities For personal use only Strong potential for growth from 8 Mile and Eidsvold Considering new growth opportunities with focus on advanced projects and cash-flow generating assets An experienced team with a track record of success in discovery and de
Slide 12: Contact Us
Metal Bank Limited contact us For personal use only ASX Code: MBK www.metalbank.com.au Inés Scotland Executive Chair Ines@metalbank.com.au 12