Mandrake Resources Ltd · ASX:MAN

Mandrake Resources — Investor Presentation (March 2021)

15 slides from Mandrake Resources's investor presentation, Mar 4, 2021

  1. Slide 1: March 2021 Presentation

    For personal use only March 2021 Presentation ASX: MAN www.mandrakeresources.com.au

  2. Slide 2: Disclaimers and Disclosures

    Disclaimers and Disclosures For personal use only This presentation has been prepared by Mandrake Resources Limited (MAN). This Presentation is provided on the basis that neither the Company nor its representatives make any warranty (express or implied) as to the accuracy, reliability, relevance or

  3. Slide 3: Corporate Snapshot

    Corporate Snapshot For personal use only Key Metrics Shareholders ASX Code MAN BNP Paribas Nominees Pty Ltd 9.8% Shares on issue 350 m Sandhurst Trustees Ltd 6.1% Unlisted options 135 m Citicorp Nominees Pty Ltd 3.6% Share price $0.115 (4 March 2021) Bellarine Gold Pty Ltd 3.1% Market Capitalisation

  4. Slide 4: Investment Highlights

    Investment Highlights Drill Ready For personal use only Drilling to commence March 2021 at the highly prospective Newleyine PGE-Ni-Cu target, located 30km from Chalice’s exciting Julimar discovery – First company to drill a Julimar-style EM target following the Chalice discovery in early 2020 Multip

  5. Slide 5: Board of Directors

    Board of Directors For personal use only James Allchurch Patrick Burke Ben Phillips Managing Director Non-Executive Chairman − LLB Non-Executive Director Mr Allchurch is a geologist with over 20 years Mr Burke holds a Bachelor of Laws from the Mr. Phillips has over 15 years experience in experience

  6. Slide 6: Jimperding PGE-Ni-Cu Project

    Jimperding PGE-Ni-Cu Project For personal use only • Granted 142km2 EL - 100% beneficially owned by Mandrake • Located 30km east of Chalice’s exciting Julimar PGE-Ni-Cu discovery • Identified and pegged on its compelling PGE-Ni-Cu Regional Aeromagnetics – potential prior to the Julimar discovery in

  7. Slide 7: The Julimar Comparison

    The Julimar Comparison For personal use only Comparison between Newleyine and the Julimar discovery (Chalice Mines) Julimar Newleyine Discovery Prospect Attributes (CHN) (MAN) Comments 1. Jimperding Metamorphic Belt • Newleyine 30km east of Julimar Ultramafic intrusive 2. Serpentinite ultramafic • N

  8. Slide 8: Newleyine – Previous Exploration

    Newleyine – Previous Exploration For personal use only Original Newleyine Prospect Diagram showing Rock Chip and Drill Collar Locations (NFM) • First assessed by Australian Anglo American (AAA) for nickel sulphides; mapping and sampling (91 rock chips) by North Flinders Mines (NFM) in 1978 • NFM roc

  9. Slide 9: Newleyine Surface Geochem

    Newleyine Surface Geochem For personal use only Surface concentrations of Pt + Pd - rock chips Surface concentrations of Ni - rock chips • Mostly outcrop/subcrop – very little surface cover • Surface Ni and Cu concentrations and ratios consistent with • 96 rock chip samples collected historical resu

  10. Slide 10: Newleyine Geology

    Newleyine Geology For personal use only High resolution RTP ground magnetic image - Newleyine Prospect • Detailed mapping identified a distinct ultramafic unit Historic drilling azimuths (three (dunite/serpentinite) with anomalous PGE-Ni-Cu holes/one pad) concentrations Newleyine 1:5,000 outcrop map

  11. Slide 11: Newleyine Electromagnetics (EM)

    Newleyine Electromagnetics (EM) For personal use only Conductor Plate Details • Ground fixed loop EM (FLEM) survey conducted Sept 2020 • All three conductors are moderate to high conductance and could be the response of massive sulphide accumulations • Consistent with Chalice EM conductors – PGE dom

  12. Slide 12: Airborne EM Survey – Pipeline of Outstanding Targets

    Airborne EM Survey – Pipeline of Outstanding Targets For personal use only • Recent completion of an initial whole-of–permit (~142km2) airborne Versatile Time-Domain Electromagnetic (VTEM™ Max) survey of approximately 700 line-kms at 200m spacing (plus infill lines) • EM conductors are associated wi

  13. Slide 13: Berinka Au-Ag-Cu Project – Northern Territory

    Berinka Au-Ag-Cu Project – Northern Territory For personal use only • 100%-owned Berinka Pine Creek Project is a highly prospective frontier high grade Au-Ag-Cu prospect that has received little modern exploration • Work conducted in the 1980s when RC drilling at Terry’s Prospect by Carpentaria Expl

  14. Slide 14: Near-Term News Flow

    Near-Term News Flow For personal use only Newleyine Drilling • Drilling to commence March 2021 at the highly Newleyine drill targets – prospective Newleyine PGE-Ni-Cu target – First 3D model showing EM company to drill a Julimar-style EM target following the conductor plates Chalice discovery in ear

  15. Slide 15: For further information

    For personal use only For further information: James Allchurch Managing Director Registered Office Ground Level, 24 Outram Street, WEST PERTH WA 6005 08) 9200 3743 (08) 9200 3742 admin@mandrakeresources.com.au March 2021 Presentation | ASX: MAN 15

Mandrake Resources — Investor Presentation (March 2021) on 6ix