Magmatic Resources Ltd. · ASX:MAG
Magmatic Resources — Investor Presentation (October 2019)
13 slides from Magmatic Resources's investor presentation, Oct 17, 2019
Slide 1: Positioned for Discovery in the East Lachlan
POSITIONED FOR DISCOVERY IN THE EAST LACHLAN magmaticresources.com 16 October 2019 ASX:MAG 1
Slide 2: Disclaimer Important Information
Disclaimer Important Information Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward- looking information, including risks associated with investmen
Slide 3: Investment Highlights
Investment Highlights ▪ Four advanced, pre-discovery exploration projects in the East Lachlan, NSW ▪ Projects acquired from Gold Fields Limited in 2014 who retain a 15% shareholding in Magmatic ▪ 8 exploration licences covering 1,049km2, 100% owned, no royalty agreements in place. MAG has one of the
Slide 4: Corporate Summary
Corporate Summary Capital Structure Shares on issue 118,242,568 Share price 14 Oct 2019 $0.11 Market Capitalisation $13m Estimated cash position post placement $1.1m Net cash post placement, assuming shareholder approval of Tranche 2 of the placement Options on Issue - unlisted 7,500,000 Options agr
Slide 5: Regional Setting
Regional Setting Myall Wellington ▪ Home to Australia’s only 2 major porphyry North mines: ✓ Cadia Valley (Newcrest) 48.7Moz Au, Tomingley 6.5Mt Cu Moorefield ✓ Northparkes (China Molybdenum & Alkane’s Sumitomo) 4Moz Au, 3.7Mt Cu Boda ▪ Porphyry deposits: world’s largest source of Discovery Copper (
Slide 6: Wellington North: Gold & Cu-Au Porphyry Project
ALKANE’S Kaiser Wellington North: Gold & Cu-Au Porphyry Project ALKANE’S BODA DISCOVERY ▪ Tenements cover volcanics and alkalic intrusives on the Molong Volcanic Belt, which Rockleigh: Rock chip 1.0 g/t Au, Auger hosts Newcrest’s Cadia Valley Porphyry Copper-Gold Mine EL6178 Mayhurst: Cu-Au minerali
Slide 7: MAG's Lady Ilse Target vs Alkane's Boda Porphyry Cu-Au Discovery
MAG’s Lady Ilse Target vs Alkane’s Boda Porphyry Cu-Au Discovery ▪ MAG’s Lady Ilse Target shows several similarities with Alkane’s Boda Discovery ▪ Both prospects show a wide zone of anomalous gold associated with epithermal pyrite stringers defined in shallow drilling (<200m depth) ▪ Both shallow z
Slide 8: Myall: Cu-Au Porphyry + Epithermal Au Project
Myall: Cu-Au Porphyry + Epithermal Au Project ▪ Very large 244km2 volcano-intrusive complex, similar age as Cadia Valley and EL6913 Northparkes mines porphyry systems ▪ Advanced targets within already identified porphyry Cu-Au system ▪ Multiple intersections comparable to the best pre-discovery Cadi
Slide 9: Myall: Comparison vs Northparkes Porphyry Cu-Au Mine
Myall: Comparison vs Northparkes Porphyry Cu-Au Mine Myall Project Northparkes Cu-Au Porphyry Mine magmaticresources.com ASX:MAG 9
Slide 10: Parkes: Cu-Au Porphyry & Epithermal Au Project
Tomingley Gold Mine 0.8Moz Au: Parkes: Cu-Au Porphyry & Epithermal Au Project Alkane announce Significant Exploration ▪ Junee – Narromine Volcanic Belt prospective for Porphyry Cu-Au deposits, and the Parkes Target: July 2019 Fault Zone prospective for Orogenic Gold deposits. Project within ~ 20km o
Slide 11: Moorefield: Gold & Base Metals Project
Moorefield: Gold & Base Metals Project ▪ Region: Tritton VAMS Copper mine (~50Mt at 2% Cu). ▪ Project has shallow (~5m) to no cover, ~20m at Ghost Hill area. ▪ 4 major prospects: EL7675 ✓ 15km Gold trend: Boxdale prospect to Carlisle Reefs prospect EL8669 ✓ Moorefield prospect and Pattons prospect:
Slide 12: Investment Summary
Investment Summary ▪ MAG is well positioned in the underexplored East Lachlan ▪ MAG is highly leveraged to exploration success ▪ Recent successes from Alkane and Stavely have alerted investors to the huge potential of eastern Australian explorers ▪ Significant interest from joint venture partners in
Slide 13: Contact details
Contact details: Magmatic Resources Limited Perth – Head Office Tokyo Office Suite 8, 1297 Hay Street, Akasaka 1-11-12-504 West Perth WA 6005 Minato-ku, Tokyo 107-0052 PO Box 785, West Perth WA 6872 Orange – Exploration Office Office: +61 (0) 8 9322 6009 Unit 1, 2 Gateway Crescent Mobile: +61 (0) 43
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