Metal Bank Ltd · ASX:MBK
Metal Bank — Shareholder Meeting (November 2018)
13 slides from Metal Bank's shareholder meeting presentation, Nov 30, 2018
Slide 1: Significant Progress on 3 Major Projects in 2018
For personal use only SIGNIFICANT PROGRESS ON 3 MAJOR PROJECTS IN 2018 NOVEMBER 2018 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: Corporate Overview
Corporate Overview Metal Bank Limited For personal use only ASX: MBK 12 month share chart Shares 881.6M Options @ 3c 167.8M Share price @ 28 Nov 1.3c Cash @ 30 Sept $2.4M Market cap $11M Top 20 shareholders 54% Strong shareholder support Directors / Management 22% Skin in the game 3
Slide 4: The Opportunity
Metal Bank Limited The Opportunity For personal use only Experienced management team skilled in the early recognition of high quality assets Bulk tonnage targets with multi-million- ounce potential Track record of taking exploration opportunities through to development 18Moz Gold Province 4
Slide 5: The Assets
Metal Bank Limited The Assets For personal use only Triumph Project – Potential large gold system with defined bulk tonnage targets 8 Mile Project – Discovery of a large overlooked hydrothermal breccia system along trend from Mt Rawdon gold mine (2Moz) Eidsvold Project – First Mover opportunit
Slide 6: Triumph Project
Triumph Project Large Gold System Discovery For personal use only • Greenfields exploration success saw a 1km2 historical goldfield turn into a 15km2 gold system mostly under shallow cover with six drill discoveries in 2 years • Gold intersected is typical of outer halo or leakage above large intrus
Slide 7: 8 Mile Project
8 Mile Project Recognising opportunities early For personal use only Identified large-scale mineralised hydrothermal system estimated at over 10km wide (encompassing Eastern and Western targets), 15km north-east of the 2Moz Mt Rawdon gold mine. 7
Slide 8: 8 Mile Project
8 Mile Project Recognising opportunities early For personal use only Eastern Target – Porphyry-style gold mineralisation intersected in limited previous drilling representing ‘open’ gold systems over 1.5km apart. Western Target – Reconnaissance sampling has discovered a large breccia-style mineralis
Slide 9: Eidsvold Project
Eidsvold Project First Mover Opportunity For personal use only • Large scale targets identified around 100,000 oz historical goldfield and concealed by cover sediments • Airborne geophysics (EM and magnetics) completed Image: TD RTP Magnetics 9
Slide 10: Eidsvold Project
Eidsvold Project First Mover Opportunity For personal use only Priority targets on depth Targeting breccia style gold to basement image mineralisation similar to Mt Leyshon or Kidston gold mines in Qld Large scale Targets identified under sediment cover Magnetic low Resistivity low (EM) Paleo
Slide 11: Quality Projects
Quality Projects Key value drivers For personal use only Triumph Project Focus on discovery of the source of the gold system with priority targets identified 8 Mile Project Excellent opportunity for a large scale gold discovery within a very large, overlooked mineral system adjacent to Mt Rawdon gol
Slide 12: Looking Ahead
Looking Ahead Project execution and new opportunities For personal use only Positioned for Growth (organic and acquisition) A team solidly grounded in project execution and generation with access to a global network and project opportunities 12
Slide 13: Contact Us
Metal Bank Limited contact us For personal use only ASX Code: MBK www.metalbank.com.au Tony Schreck Managing Director +61 419 683 196 tony@metalbank.com.au Looks like a fair amount of overtime may be called for here, Wilson “Go out and find me 100,000oz Au….. ……….and then grow it to 10Moz Au” 13