Magna Mining Inc · TSX:NICU
Magna Mining — Investor Presentation (April 2024)
19 slides from Magna Mining's investor presentation, April 2024
Slide 1: North America's Next Nickel & Copper Producer
TSXV: NICU OTCQB: MGMNF NORTH AMERICA’S NEXT NICKEL & COPPER PRODUCER April 2024 www.magnamining.com
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT No Advertisement or Solicitation This presentation is not, and under no circumstances is to be construed as, a prospectus, an advertisement or a public offering of these securities in Canada, the United States or any other jurisdiction. No securities commission or similar author
Slide 3: The Sudbury Advantage
T H E S U D B U R Y A D VA N TA G E OVER 100 YEARS OF MINING HISTORY LOW-COST ACCESS TO EXPLORATION AND DEVELOPMENT INFRASTRUCTURE & PROCESSING FACILITIES SOCIAL LICENSE TO OPERATE WORLD CLASS MINERAL ENDOWMENT 32
Slide 4: Sudbury – A World Class Mining District
SUDBURY – A WORLD CLASS MINING DISTRICT Sudbury is home to 9 of the 11 Historical production of 8 million tonnes The Sudbury basin has over 100 critical mineral producing mines each of nickel and copper, 300 tonnes of years of mining history and is in Ontario. platinum and 100 tonnes of gold for an
Slide 5: Magna Mining's Strategy
MAGNA MINING’S STRATEGY NEW DISCOVERIES NEAR TERM PRODUCTION 0 SYNERGISTIC ACQUISITIONS THROUGH EXPLORATION • Two advanced stage, past producing • Sudbury has precedent for the discovery of world class deposits in the footwall of • Further opportunities for acquisition of mines with potential for ne
Slide 6: Crean Hill Mine
CREAN HILL MINE 7 7 62
Slide 7: Crean Hill – A Historic Mine with the Potential for World Class Discoveries
CREAN HILL – A HISTORIC MINE WITH THE POTENTIAL FOR WORLD CLASS DISCOVERIES PAST PRODUCING MINE, BROWNFIELD SITE • A past producing mine for INCO. • Short timelines to production re-start. • Proximity to existing infrastructure. SIGNIFICANT RESOURCE & LONG MINE LIFE CREAN HILL NI 43-101 MINERAL RESO
Slide 8: Crean Hill Resource Expansion Potential
CREAN HILL RESOURCE EXPANSION POTENTIAL 101 FW E 109 FW MCR-24-060 0.3 % Ni, 2% Cu, 8.6 g/t Pt+Pd+Au % Ni Equivalent over 14m, MCR-23-041 Including 1.1 % Ni, 8.3 % Cu, 0.3 – 0.75 3.0% Ni, 0.7% Cu, 1.2 13.9 g/t Pt+Pd+Au over 3 m Pt+Pd+Au over 31.6 m 0.75 – 1.1 MCR-23-013 1.1– 1.5 MCR-23-042 0.2 % Ni,
Slide 9: Crean Hill Footwall Exploration Plan
CREAN HILL FOOTWALL EXPLORATION PLAN 109 FW Zone 2024 drill program of 20,000m is targeting new footwall discoveries. Footwall targets are being identified through downhole geophysical surveys and structural FW Exploration interpretations of footwall geology, led by our veteran Sudbury footwall expl
Slide 10: Pathway to Near Term Production
PATHWAY TO NEAR TERM PRODUCTION Crean Hill All Permitting Documents In Place • Closure plan amendment filed March 2024, detailing plan for 400,000 tonnes from Advanced Exploration. • Permit to Take Water approved to allow for mine dewatering. Ore Selling Agreement Executed with Vale (March 2024) • P
Slide 11: The Hub – The Shakespeare Project
THE HUB – THE SHAKESPEARE PROJECT 11
Slide 12: Shakespeare
SHAKESPEARE ADVANCED STAGE, DE-RISKED CRITICAL MINERAL PROJECT • A feasibility stage, past producing mine. • Major permits in place, known metallurgy. • Impact Benefit Agreement in place with First Nations . SHAKESPEARE NI 43-101 MINERAL RESOURCE ESTIMATE* LARGE EXISTING RESOURCE & Grade & Contained
Slide 13: An Integrated Long-Term Strategy
A N I N T E G R AT E D L O N G - T E R M S T R AT E G Y SHAKESPEARE MINE CREAN HILL MINE PEA outlines potential $280 million increase to post tax Capex of C$233m (Feasibility Study, Jan 2022). NPV (8%) if ore is processed through Shakespeare. SHAKESPEARE PROCESSING PLANT • 4,500 tpd processing plant
Slide 14: Near Term Catalysts
NEAR TERM CATALYSTS NEW DISCOVERIES NEAR TERM PRODUCTION 0 SYNERGISTIC ACQUISITIONS THROUGH EXPLORATION • Commencement of surface bulk • 6,000m drilling completed in Q1 • Material Sudbury Basin acquisitions sample expected H1 2024. 2024, assays pending. targeted in 2024. • Initial production from Ad
Slide 15: A Uniquely Positioned Junior Company
A U N I Q U E LY P O S I T I O N E D J U N I O R C O M PA N Y WORLD CLASS EXPLORATION TARGETS ADVANCED STAGE PROJECTS WITH LOW CAPITAL COSTS & RAPID PATHS TO PRODUCTION ASSETS TECHNICALLY AND SOCIALLY DE-RISKED PROVEN OPERATIONAL & EXPLORATION EXPERTISE IN SUDBURY PATHWAY TO A MULTI-ASSET, HUB AND S
Slide 16: Nickel for Our Future
NICKEL FOR OUR FUTURE TSXV: NICU Jason Jessup, CEO Paul Fowler, Senior Vice President Jason.Jessup@magnamining.com Paul.Fowler@magnamining.com www.magnamining.com
Slide 17: Capital Structure
C A P I TA L S T R U C T U R E CURRENT CAPITAL STRUCTURE Management & Directors 10% Issued & Outstanding 163,379,860 Institutional Retail ~53% ~37% Options & RSU’s 10,600,800 Warrants 1 36,695,491 Fully Diluted 210,676,151 TOP SHAREHOLDERS Dundee Corporation 21% Cash2 $15.5 million Hawkes Point LLC
Slide 18: Management
MANAGEMENT Jason Jessup, MBA Paul Fowler, CFA Ann-Marie Finney, MBA David King, M.Sc., P.Geo. Jeff Huffman, MBA, PMP CEO & Director Senior Vice President CFO Senior Vice President COO Jason has over 25 years of Paul is an experienced Mining Ann-Marie has over 25 years of David is a registered profes
Slide 19: Directors and Strategic Advisors
D I R E C TO R S A N D S T R ATEGIC A D V I S O R S Ve r n Baker, P.Eng., MBA C h a i r m a n Vern has +30 years of experience in the mining sector. He is currently the CEO of Jaguar Mining (TSX), previously served as General Manager of Goldcorp’s Cerro Negro Mine, VP Operations at FNX Mining, and P