Metalquest Mining Inc · TSXV:MQM
Metalquest Mining — Investor Presentation (July 2024)
20 slides from Metalquest Mining's investor presentation, July 2024
Slide 1: Corporate Presentation
IRON ORE CORPORATE COPPER PRESENTATION ZINC A STRATEGIC METALS EXPLORATION AND DEVELOPMENT COMPANY 1
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS Certain information presented, including SAFE HARBOUR STATEMENT discussions of future plans and operations, contains forward-looking statements involving This report includes forward-looking statements substantial known and unknown risks and covered by the Private Securiti
Slide 3: A Strategic Metals Exploration and Development Company
A STRATEGIC METALS EXPLORATION AND DEVELOPMENT COMPANY • MetalQuest Mining (MQM) is a diversified exploration and development company focused on developing one of North America’s largest Iron Ore Projects located in Quebec’s Labrador Trough. • MQM has a senior exploration and financial management te
Slide 4: Management and Technical Team
Management and Technical Team Harry Barr, Chairman and CEO Gary Moore, MBA, BCom, Director Gordon Chunnett, Professional Geologist, Director Robert Guanzon, Chief Financial Officer Charlotte Brown, Corporate Secretary Faraz Rasheed, Business Development EIT Farid Mammadov, Marketing Manager LEADERSH
Slide 5: Corporate Overview
Corporate Overview Share Structure Share Price……………………………...….….. $0.06 Shares Outstanding…………………...…… 26,914,783 Warrants………………………………....…..... 0 Options…………………………………………… 3,695,000 Note: Approximate figures on June 18 th, 2024 36 Management (~2000) % 64 % Retail 5
Slide 6: Two Metals, One Strategic Focus
TWO METALS, ONE STRATEGIC FOCUS Lac Otelnuk Iron Ore Project, Labrador Trough, Quebec Murray Brook VMS Deposit, Bathurst Mining Camp, New Brunswick 6
Slide 7: Lac Otelnuk Iron Ore Project
LAC OTELNUK IRON ORE PROJECT Labrador Trough, Quebec, Canada 7
Slide 8: Project Outlook and Location
Project Outlook and Location 100% owned by Lac Otelnuk Project MetalQuest is surrounded by Mining world class projects, including major Approximately producers Rio 165 km by air Tinto, Tata Steel, northwest of the Arcelor Mittal, and village of mid-tier Champion Labrador Iron. Trough Scheffe
Slide 9: High purity iron ore is now a critical mineral in Quebec and Canada
High purity iron ore is now a critical mineral in Quebec and Canada Lac Otelnuk is a high purity iron ore project with 30-Year composite samples demonstrating concentrate grades with >68.5% iron and <4% silica. Just recently, Canadian federal government declared high-purity iron as a critical mi
Slide 10: Lac Otelnuk vs Other Regional and Australian Major Iron Ore Mines
Lac Otelnuk vs Other Regional and Australian Major Iron Ore Mines MetalQuest Mining Inc. (Lac Otelnuk) 20640 ArcelorMittal Mining Canada G.P. (Mont-Wright) Champion Iron Limited (Bloom Lake) Rio Tinto IOC (Carol Lake) Tata Steel Minerals Canada (Schefferville DSO) Tacora Resources (Scully Mine) BHP
Slide 11: Lac Otelnuk Iron Ore Project history
1948 •• First recorded work on the property by Noranda/Conwest JV Adriana acquires Lac Otelnuk Project from Bedford Resources for agreement to pay $500,000 pre-production royalty per year and a 2.5% gross revenue royalty. • Adriana expends approximately $40 million on drilling out a world-class reso
Slide 12: Property Description
Property Description The structure is very simple apart from the far northern portion. The iron formation is generally northwest-southeast striking, very flat-lying, monoclinic to gently inclined and rolling, with an average easterly dip of 5°. The open pit is 11.6 km long and 2.8 km wide, reach
Slide 13: Historical Mineral Resource Estimate
Historical Mineral Resource Estimate 30Y composite samples Open pit designed for this has demonstrated project has a 30-year mine concentrate grades with life only in the central >68.5% iron and <4% project location. The silica with a 27.6% historical 2015 study talked weight recovery. about a p
Slide 14: Historical 2015 Feasibility Report Economic Analysis
Historical 2015 Feasibility Report Economic Analysis Description Units Results Production - Mineralization Mt 4,993 Production - Concentrate @ 139,123.4 68.5% Fe Mt 0 Revenue USD $B 135.8788 Capital Costs USD $B 14.1864 Operating Costs USD $B 42.3608 Pre Tax Cash Flow USD $B 79.1094 Before Taxes Aft
Slide 15: Exploration and Pre-Development Agreement with Naskapi First Nation of Kawawachikamach
Exploration and Pre-Development Agreement with Naskapi First Nation of Kawawachikamach December 12 2023, MQM signed an agreement with Naskapi First Nation in Quebec who are the underlying traditional land holders of the Lac Otelnuk Iron ore Project. MQM continues to work the Naskapi First Nation
Slide 16: Proposed Rail Corridor Routing
Proposed Rail Corridor Routing Based on MQM’s requirements to get to tide water, with a port which operates for the majority of the year in order to sell its iron ore to international markets, WGM has developed the following three routes: Lac Otelnuk to Happy Valley Goose Bay Lac Otelnuk to Se
Slide 17: Proposed Rail Corridor Routing
Proposed Rail Corridor Routing The first 152 km of track from Lac Otelnuk will be new rail line leading to the existing railhead at Schefferville, PQ which leads down to Rose Bay junction, Labrador City, and Highway 500. Existing rail links exist to Sept-Illes and Port Cartier. The route to Happ
Slide 18: Proposed Slurry Pipeline
Proposed Slurry Pipeline MetalQuest Mining is looking into the cost of updating the slurry pipeline concept instead of a rail haulage system. A conceptual study was already done in the historic 2015-Feasibility Report to look for a slurry transportation regime from Lac Otelnuk all the way to Sept-
Slide 19: Go-Forward Plan
Go-Forward Plan Continue to update the Naskapi First Nation on the Company’s intentions and plans to move the project forward. Prepare a budget and arrange financing that would allow for a 30/40-month period to complete a series of mini-studies with the objective of finishing a new Preliminary E
Slide 20: Thank You
THANK YOU FOR MORE INFORMATION CONTACT US AT : 1-613-659-2773 info@mqmining.com SIGN UP TO RECEIVE COMPANY UPDATES : https:// metalquestmining.com/ #subscribe MetalQuestMining.com 20
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