Magnum Mining And Exploration Limited · ASX:MGU
Magnum Mining And Exploration — Investor Presentation (January 2021)
21 slides from Magnum Mining And Exploration's investor presentation, Jan 22, 2021
Slide 1: Buena Vista Magnetite Project Highlights Summary – Jan 2021
MAG N UM MI N I N G & E XPL O R AT IO N For personal use only Buena Vista Magnetite N E A R T E R M L O N G - L I F E M AG N ET I T E Project DE V E L O P M E N T O P P O R T U N I T Y H I G H L I G H T S S U M M A RY – JA N 2 0 2 1
Slide 2: Summary Information
Summary Information For personal use only The summary information contained herein has been provided by Magnum Mining and Exploration Limited (“Magnum” or the “Company”). No representation, expressed or implied, or warranty as to the accuracy or completeness of the information contained herein is ma
Slide 3: Corporate Directory
Corporate Directory For personal use only BOARD AND SENIOR MANAGEMENT CAPITAL Non Executive Chairman Howard Dawson Working Capital $2.0 Million Non Executive Director Grant Button Ordinary Shares 424,765,480 Non Executive Director Frank Cannavo Listed Options ($0.05 - 30 Sept 22): 158,839,606 Buena
Slide 4: Why is Buena Vista such a great project?
Why is Buena Vista such a great project? For personal use only “Shovel ready” USA Existing nearby key infrastructure based long production such as rail and ports with most life magnetite project LOI’s already in place Ready and reliable Produce high purity magnetite concentrate workforce which attra
Slide 5: Magnetite is the iron ore of the future
Magnetite is the iron ore of the future For personal use only STEELMAKERS THE USE OF HIGH GRADE MAGNETITE THE USE OF MULTIPLE MARKETS ARE SEEKING MAGNETITE IN THE MAGNETITE CONCENTRATE MAGNETITE (not just China) EFFICIENCIES to PLACE OF HEMATITE CONCENTRATES PRODUCES MORE CONCENTRATE are available b
Slide 6: Timely Opportunity
Timely Opportunity For personal use only 200 JAN 2021 IRON ORE PRICE $USD/TONNE $170/DMT 150 100 50 GFC COVID-19 0 DEC 05 APR 06 AUG 06 DEC 06 APR 07 AUG 07 DEC 07 APR 08 AUG 08 DEC 08 APR 09 AUG 09 DEC 09 APR 10 AUG 10 DEC 10 APR 11 AUG 11 DEC 11 APR 12 AUG 12 DEC 12 APR 13 AUG 13 DEC 13 APR 14 AUG
Slide 7: Steps to update the Feasibility Study
Steps to update the Feasibility Study For personal use only 1 4 5 8 9 Update Opex and Testing economics Investigating Negotiating definitive Investigating Capex estimates to of various additional markets supply agreements exploration and upside 2021 costs production options to China including for po
Slide 8: Location & Logistics
Location & Logistics For personal use only BUENA VISTA is located in mining friendly TRANSCONTINENTAL RAIL LINE WITHIN EXISTING SHIP LOADING INFRASTRUCTURE Nevada, USA, 160km East South East of Reno 50KM of mine gate. at Ports of Sacramento, Stockton and on margins of the Stillwater salt flat. Richm
Slide 9: For personal use only
Colado Rail Load Out Huxley Rail Load Out For personal use only Reno The Ponderosa BUENA Port of West Sacramento VISTA PROJECT Stockton Port Port of Richmond 0 30 60 90 Port of San Francisco Kilometres
Slide 10: Previous Work
Previous Work For personal use only Discovered and first claims pegged in late Project acquired by US Steel in early 1960’s Project acquired by Richmond Mining 1890’s. and extensive drilling, metallurgical test (Nevada Iron) in 2010 and extensive testing work, resource definition and feasibility pro
Slide 11: Buena Vista Geology
Buena Vista Geology For personal use only BUENA VISTA (MAGMATIC) TACONITE (BANDED IRON) Genesis Metasomatic (hot solutions) Non-magmatic precipitate Grain size Coarse Fine Vein/pod Grind size to +100 microns Sub 15-20 microns of massive liberate magnetite magnetite Capex Lower capital intensity High
Slide 12: Buena Vista Metallurgy
Buena Vista Metallurgy For personal use only BUENA VISTA COMPOSITE CONCENTRATE (%) % Fe % SiO2 % AI2O3 % CaO % MgO %P %S % TiO2 %V % LOI 69.5 1.72 0.67 0.16 0.22 0.003 0.002 0.20 0.26 3.15 BUENA VISTA COMPOSITE CONCENTRATE -150 MESH (106 MICRONS) (AFTER GR ENGINEERING 2011) Unlike BIF hosted magneti
Slide 13: Buena Vista Metallurgy
Buena Vista Metallurgy For personal use only 72 AGO-YERECOIN EMG-BEYONDIE VMC-YALGOO 70 Importantly, the ARH-BALMORAL GRR-SOUTHDOWN Buena Vista concentrate AGO-RIDLEY 68 GBG-KARARA BUENA VISTA contains no penalty CXM-BUNGALOW ACS-MAGNETITE RANGE CONCENTRATE GRADE - % IRON causing impurities. CFE-CAP
Slide 14: Buena Vista Resources
Buena Vista Resources For personal use only Buena Vista has had two recent resource estimates GRADE INDICATED INFERRED TOTAL completed, a JORC 2004 resource estimate in July 2011 % Fe Tonnes % Fe Tonnes % Fe Tonnes % Fe and a NI 43-101 estimate completed in October 2013. (Mt) (Mt) (Mt) 10% 148.7 18.
Slide 15: Scheduled Work Program
Scheduled Work Program For personal use only The Buena Vista project has all technical studies such COMPONENT LEVEL OF ACCURACY WORK REQUIRED as drilling, metallurgy, resource estimation, pit and plant engineering, hydrogeology and tailings already Resource Feasibility Update to JORC 2012 completed.
Slide 16: Timeline Schedule
Timeline Schedule For personal use only DATE ITEMS October 2020 > Acquisition announced Oct / Nov 2020 > Engage US based logistics and technical team January 2021 > Completion of Buena Vista Acquisition February 2021 > Update of NI43-101 resource to JORC 2012 > Engage DFS Engineering Group/ Commence
Slide 17: Summary of Acquisition Terms
Summary of Acquisition Terms For personal use only $25,000 PAYABLE to the Sellers and/or SHARES TO THE VALUE OF $1,500,000 SHARES OR CASH TO THE VALUE OD their nominees within five (5) days of the on receipt of full development funding to $1,000,000 on the production of the Due Diligence. develop Bu
Slide 18: Key Executives
Key Executives For personal use only HOWARD DAWSON – GRANT BUTTON – SIMON BALDWIN – NON-EXECUTIVE CHAIRMAN NON-EXECUTIVE DIRECTOR PROJECT EXECUTIVE Mr Dawson is a Geologist with over 35 years’ Mr Button is a CPA with 30 years’ experience Mr Baldwin is an experienced resource experience across the mi
Slide 19: Top Shareholders
Top 20 Shareholders For personal use only RANK NAME UNITS (%) RANK NAME UNITS (%) 1 JUNEYDAY PTY LTD 17,717,220 (5.46) 11 CINTRA HOLDINGS PTY LTD 6,518,494 (2.01) 2 FARMINGACRE LIMITED 17,000,000 (5.23) 12 STATELY GLORY LIMITED 6,000,000 (1.85) 3 ROGUE INVESTMENTS PTY LTD 14,200,000 (4.37) 13 HSBC C
Slide 20: Cautionary Statement
Cautionary Statement For personal use only This presentation contains a resource statement that was prepared and first disclosed under the NI43-101. National Instrument 43-101 is a national instrument for the disclosure for mineral projects within Canada or mineral properties owned by, or explored b
Slide 21: Investor Information
Investor Information For personal use only FOR MORE INFORMATION, CONTACT First Growth Advisory info@firstgrowthfunds.com PAGE 21 | BUENA VISTA MAGNETITE PROJECT | NEAR LONG-LIFE MAGNETITE DEVELOPMENT OPPORTUNITY | HIGHLIGHTS SUMMARY
Magnum Mining and Exploration — Investor Presentation (January 2021) on 6ix