Meeka Metals Limited · ASX:MEK
Meeka Metals — RIU Sydney Resources Round-up 2023
19 slides from Meeka Metals's conference presentation, May 9, 2023
Slide 1: RIU Sydney Resources Round-up
RIU Sydney Resources Round-up 9 May 2023 ASX:MEK
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
Slide 3: Experienced Team with 'Skin in the Game'
Experienced Team with ‘Skin in the Game’ Board and management have invested $2.8M in the Company to date. Capital Structure Board Share Price (close price 5 May 2023) A$/share 0.034 Paul Chapman Non-Executive Chairman Shares on Issue M 1,068 Tim Davidson Managing Director & CEO Options on Issue M 36
Slide 4: A High-Grade Gold Project
A High-Grade Gold Project Advancing the Murchison Gold Project to ‘Production Ready’. 1.2Moz @ 3g/t gold Mineral Resource. Strategically located with good access to built infrastructure in the Murchison. Multiple production sources considered to de-risk proposed operations. PFS targeted for June 202
Slide 5: High-Grade 1.2Moz @ 3g/t Gold Mineral Resource in the Murchison Goldfields
High-Grade 1.2Moz @ 3g/t Gold Mineral Resource in the Murchison Goldfields 100% MEK ownership. Large 281km2 landholding. 100% of Mineral Resources are on granted Mining Leases. Control of Archean Gnaweeda greenstone belt and northern end of Archean Meekatharra- Wydgee greenstone belt. Excellent infr
Slide 6: Advancing to 'Production Ready'
Advancing to ‘Production Ready’ Pre-Feasibility Study release in June 2023 quarter. PFS production de-risked with multiple mines planned to feed the mill: Andy Well UG – 505koz @ 8.6g/t Au MRE Turnberry OP – 330koz @ 1.4g/t Au MRE Turnberry UG – 355koz @ 3.6g/t Au MRE St Annes OP – 25koz @ 2.8g/t Au
Slide 7: A Proven High-Grade Gold Mine
A Proven High-Grade Gold Mine Andy Well: high-grade, high value mill feed for Pre-Feasibility Study. 505koz @ 8.6g/t gold Mineral Resource. Located on a granted Mining Lease. Produced 330koz @ 8g/t gold between 2013 and 2017. Mine placed on care and maintenance in 2017 due to depressed A$1,600/oz go
Slide 8: Shallow Gold, No Prior Mining
Shallow Gold, No Prior Mining Turnberry: base load oxide mill feed for Pre-Feasibility Study. 685koz @ 2.0g/t gold Mineral Resource. Located on a granted Mining Lease, 15km southeast of Andy Well. Virgin deposit with no prior mining. Mineral Resource averages 1,600oz’s per vertical metre to a depth
Slide 9: 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 9
Slide 10: Shallow, High-Grade Oxide Gold
Shallow, High-Grade Oxide Gold St Anne’s: a satellite oxide deposit 3.5km south of Turnberry. ▪ 25koz @ 2.8g/t gold Mineral Resource. ▪ Located on a granted Mining Lease. ▪ Virgin deposit with no prior mining. ▪ 550m strike length, open to the south and at depth. ▪ Mineralisation starts 20m below su
Slide 11: A 25km Long Growth Target
A 25km Long Growth Target The Fairway shear zone ripping through the Archean Gnaweeda Greenstone Belt remains largely untested. A fertile, 25km long Archean greenstone belt. Currently hosts 0.7Moz in Mineral Resource but remains largely untested. 90% of the shear zone has either no drilling or ineff
Slide 12: 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 drilled at Circle Valley in 2022 and 2023. Important features for possible large Proterozoic gold system are present: ▪ Zone of major tectonic activity on the margin of the Yilgarn Craton. ▪ Large in
Slide 13: 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 renewable wind
Slide 14: 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 grading up to 0.75% TREO. High proportion of NdPr – averages 23% of TREO grade. Potential for additional value upside from Sca
Slide 15: 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 0.6% TREO. High value NdPr averages 20% of TREO grade in drilling completed to
Slide 16: Significant Regional Potential
Significant Regional Potential 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 TREO. High value NdPr averag
Slide 17: 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
Slide 18: Appendix – 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
Slide 19: ASX:MEK
ASX:MEK Tim Davidson Managing Director (08) 6388 2700 info@meekametals.com.au www.meekametals.com.au