Medallion Metal Ltd · ASX:MM8

Medallion Metal — Medallion Metals — South-West Connect ASX Showcase 2022

17 slides from Medallion Metal's conference presentation, Oct 19, 2022

  1. Slide 1: Investor Presentation - South-West Connect ASX Showcase

    For personal use only 19 October 2022 ASX:MM8 Investor Presentation Medallion Metals Limited’s Managing Director, Paul Bennett, will be presenting at the South-West Connect ASX Showcase on Wednesday, 19 October 2022. The presentation to be delivered is attached. This announcement is authorised for r

  2. Slide 2: Building Critical Mass

    For personal use only BUILDING CRITICAL MASS South-West Connect Investor Presentation October 2022 medallionmetals.com.au |

  3. Slide 3: Important Notices

    For personal use only Important Notices Nature of Document: This presentation has been prepared and issued by Medallion Metals Ltd (Company) to provide general information about the Company. The information in this document is in summary form and should not be relied upon as a complete and accurate

  4. Slide 4: Value proposition

    For personal use only Value proposition BELT SCALE OPPORTUNITY Multi-Million Ounce potential, Tier 1 Jurisdiction RESOURCE 1.4Moz AuEq @ 2.6g/t near surface DE-RISKED Licences, Approvals, and infrastructure in place DRILLING PROGRAM 46,000m completed with another 10,000m underway OBJECTIVE 100kozpa

  5. Slide 5: Corporate Overview

    Corporate Overview Corporate structure (ASX: MM8) John Fitzgerald Non-Executive Chair For personal use only as at 17 October 2022 Mr Fitzgerald has over 30 years’ resource financing experience and is a Non- Executive Director of Northern Star Limited, a Non-Executive Chairman of Turaco Gold Limited.

  6. Slide 6: Peer Comparable Analysis

    Peer Comparable Analysis At $28/oz (AuEq), For personal use only EV/Resource ($/oz) Select ASX Peers Medallion provides significant value relative $140/oz $117/oz to ASX WA Gold Peers $120/oz $100/oz $87/oz $80/oz $60/oz $56/oz $53/oz $47/oz $42/oz $40/oz $34/oz $28/oz $27/oz $24/oz $20/oz $16/oz $2

  7. Slide 7: Ravensthorpe Gold Project – building critical mass

    Ravensthorpe Gold Project – building critical mass MM8 has the dominant landholding across the Annabelle Volcanics For personal use only  ~40km of prospective stratigraphy host to Au (+/- Cu, Ag)  ~128koz Au and 20kt Cu produced from 3 main centres: Kundip, Elverdton and Mt Cattlin (Ravensthorpe)

  8. Slide 8: Kundip Mining Center – growth continues

    Kundip Mining Center – growth continues Value leveraged to resource/mine life extension For personal use only  1.4Moz AuEq JORC MRE, 67% Indicated, 80% within 150m of surface  Average depth of drilling 101m, deepest drill hole 370m, lodes open at depth and along strike  Aggressive 40,700m extensi

  9. Slide 9: Kundip MRE Optimisation - Inputs

    Kundip MRE Optimisation - Inputs Metals/FX Geotech Costs Metallurgy Open Pit SMU UG SMU Au: A$2,500/oz 2020 FS* 2020 FS* GRES 2022** 4m x 4m x 3m 2m min width For personal use only Ag: A$25/oz Cu: A$13,000/t Indicated Inferred *Refer to MM8 Prospectus dated 18 March 2021 for further details. **Refer

  10. Slide 10: Kundip MRE Optimisation - Inputs and Outputs

    Kundip MRE Optimisation - Inputs Metals/FX Geotech Costs Metallurgy Open Pit SMU UG SMU Au: A$2,500/oz 2020 FS* 2020 FS* GRES 2022** 4m x 4m x 3m 2m min width For personal use only Ag: A$25/oz Cu: A$13,000/t Kundip MRE Optimisation - Outputs 75% AuEq MRE ounces report in optimised shapes 58% optimis

  11. Slide 11: 2023: optimise development pathway

    For personal use only 2023: optimise development pathway 2023 EXTENSIONAL & INFILL DRILLING UPDATE GEOTECH, MET WORK 2022 GROW & PFS ✓ DRILLING: 17,000m DE-RISK THE COMPLETTED PERMITTING ASSET IN ✓ 10,000m UNDERWAY REGIONAL EXPLORATION PARALLEL ✓ KMC MRE: 1.4Moz AuEq MRE update targeted in November

  12. Slide 12: A Compelling Opportunity

    For personal use only A Compelling Opportunity Advanced gold and copper exploration in WA Strategy to optimise resource then de-risk (PFS/Permits) Asset has grown 86% and is in a premium mining jurisdiction Discovery costs low, with high conversion to mineable shapes Experienced Board and Management

  13. Slide 13: Appendices

    For personal use only Appendices medallionmetals.com.au | 12

  14. Slide 14: Appendix 1: Detailed Peer Data

    Appendix 1: Detailed Peer Data Market Cap Cash & Investments Debt Ticker Company Development Stage EV Measured (oz) g/t Indicated (oz) g/t Inferred (oz) g/t Total (oz) g/t Reserves (oz) g/t Source (1) (2) (2) For personal use only MGV Musgrave Minerals Ltd Pre-Feasibility 118.92 10.60 - 108.32 - - 4

  15. Slide 15: Appendix 2: Kundip Mining Centre Resources

    Appendix 2: Kundip Mining Centre Resources Mineral Resource Estimate for the Kundip Deposits (Gem, Harbour View, Gem Restored – June 2022, Flag – June 2020) Indicated Inferred Total Resources For personal use only Deposit kt Au Au Ag Ag Cu Cu kt Au Au Ag Ag Cu Cu kt Au Au Ag Ag Cu Cu g/t koz g/t koz

  16. Slide 16: Appendix 3: Disclosures

    Appendix 3: Disclosures COMPETENT PERSONS STATEMENT The information in this announcement that relates to exploration results is based on information compiled by Mr David Groombridge and Mr Paul Bennett, Competent Persons who are Members of For personal use only the Australasian Institute of Mining a

  17. Slide 17: For personal use only

    For personal use only medallionmetals.com.au |

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