Slide 1: Biloela Copper-Gold Project, Queensland
For personal use only Biloela Copper-Gold Project, Queensland Bindi Metals Limited (ASX: BIM) September 2022
Slide 2: Disclosure
Disclosure For personal use only DISCLAIMER The information contained in this presentation or subsequently provided to any recipient of this presentation whether orally or in writing by or on behalf of Bindi Metals Limited (“Bindi”, “the Company”) or its respective employees, consultants or agents i
Slide 3: Investment Highlights
Investment Highlights For personal use only ● Explorations on Biolela Cu-Au Project confirm potentially large Cu-Au system ● Assayed soil and rock chip sampling confirm high grade outcropping mineralisation with up to ● Flanagans: 13g/t Au and 5% Cu ● Great Blackball: 10g/t Au and 12% Cu ● Quartz Ri
Slide 4: Corporate - Capital Structure
Corporate For personal use only Capital Structure 0.240 1.2 Shares on issue 31.35M Millions Options (30c, exp 27 Oct 24) 10.50M 0.220 1 Share Price (as at 9 Sep 22) A$0.22 0.200 Cash A$3.8M 0.8 0.180 Market capitalisation A$6.90M 0.6 Enterprise value A$3.1M 0.160 Board of Directors 0.4 0.140 Eddie K
Slide 5: Geology
Geology For personal use only ● Located 93km southwest of the port of Gladstone in Central Queensland ● Close to major infrastructure with easy access from Biloela ● Major gold and copper mining area with project located in centre of multi million-ounce belts of New England Orogen ● Located 40 kms f
Slide 6: Major Prospects
Major Prospects For personal use only ● Central magnetic-high anomaly 1.3 km by 1.2 km interpreted as main source of widespread copper-gold mineralization ● Flanagan’s Main and East defined on a 1.5 km NW-SE structure with rock chips up to 13 g/t Au and 5% Cu and is open east and west ● Great Blacka
Slide 7: Soil and Rock Chip Sampling Results
Soil and Rock Chip For personal use only Sampling Results ● Recent soil sampling results highlight 8 new high priority Cu-Au targets ● Interpreted a large core intrusive-related system with a new Cu-Au anomalous zone extending 2km by 2km ● Soils have also extended the known areas of mineralization a
Slide 8: Targeting Bulk Tonnage Copper Gold Deposit
Targeting Bulk Tonnage Copper For personal use only Gold Deposit ● Drone magnetics confirms a strong circular magnetic feature similar to well-known intrusive systems such as the Bajo de la Alumbrera Porphyry Cu-Au Deposit ● New central magnetic-high anomaly 1.3 km by 1.2 km interpreted as main sour
Slide 9: Flanagan's and Extensions
Flanagan’s and Extensions For personal use only ● Over 1.5 km of NW-SE trending structures coincident with high-grade copper-gold mineralisation with up to 13 g/t Au and 5 % Cu and large copper-gold-in-soil anomalies at Flanagan’s ● Flanagan’s East over 1 km of highly anomalous copper gold in soils
Slide 10: Flanagan's High Grade Outcrop
Flanagan’s High Grade Outcrop For personal use only ● The regional Flanagan’s trend is a high priority target for the company that has the scale and potential to host a major copper-gold deposit. Sample Sample 147401 – 5.1 147403 – 13.4 % copper, 1.1 g/t g/t gold, 101 gold, 38 g/t silver g/t silver,
Slide 11: Great Blackall and Extensions
Great Blackall and For personal use only Extensions ● High grade gold and copper at surface coincident with 1.8 km magnetic anomaly with up to 10 g/t Au and 12% Cu ● Wide, high grade historical drill intercepts: 12m @ 0.45 g/t Au, 12 g/t Ag, 1.85% Cu including 2m @2.1 g/t Au, 60 g/t Ag and 9.4 % Cu
Slide 12: Great Blackall Cross Section
Great Blackall Cross For personal use only Figure 7: Great Blackall Prospect – Drilling cross section conceptual model Section 12
Slide 13: Great Blackall High Grade Outcrop
Great Blackall High For personal use only Grade Outcrop Sample 147408 – 12.5% copper, 9.8 g/t gold, 179 g/t Collar of SCRC3 on section silver 13
Slide 14: Regional Prospects
Regional Prospects For personal use only ● Tea Tree prospect 20m @ 2.62% copper and 20m @ 1.1 % copper in channel samples 350m apart in Mt Kroombit style deposit ● Old Kroombit mine – up to 18 g/t gold in rock chips ● 22 prospects defined to date Figure 8: Regional Prospects at the Biloela Project 1
Slide 15: Next Steps
Next Steps For personal use only ● 3,000m drill program locked in to start in mid-September to test the recently defined high priority targets ● Assess assay results of recent mapping program across the project ● Mapping regional prospects and follow up anomalies highlighted in soil program Figure 9
Slide 16: Why Bindi?
For personal use only Why Bindi? ● High grade gold project in a world class belt Historical Experienced production of high Management Team ● Large tenement package ~460 sq km grade copper ● High grade historical drill hits ● Potential for >1Moz gold deposit at Flanagan’s ● Large, outcropping gold mi
Slide 17: Biloela Copper-Gold Project, Queensland
For personal use only Biloela Copper-Gold Project, Queensland 2022