Magmatic Resources Ltd. · ASX:MAG
Magmatic Resources — Investor Presentation (June 2018)
23 slides from Magmatic Resources's investor presentation, Jun 20, 2018
Slide 1: Positioned for Discovery
For personal use only POSITIONED FOR DISCOVERY Advanced Gold, Copper and Base Metals Portfolio in Australia’s Leading Resources Regions magmaticresources.com ASX:MAG
Slide 2: Disclaimer Important Information
Disclaimer Important Information For personal use only Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or implied by such forward- looking information, including risks ass
Slide 3: 4 Advanced Gold and Copper projects in NSW, 2 target generation projects in WA
4 Advanced Gold and Copper projects in NSW, 2 target generation projects in WA For personal use only • Four discovery-ready gold and copper focused exploration projects in the East Lachlan Fold Belt – Australia’s premier porphyry address with regional endowment greater than 66Moz Gold & 11Mt Copper
Slide 4: Pre-discovery Investment Opportunity: de-risked projects in buoyant commodity markets
Pre-discovery Investment Opportunity: de-risked projects in buoyant Gold, Copper, Nickel and Cobalt commodity markets Strategy: For personal use only ➢ Short Term Upsides: ✓ Advance 4 Gold targets (near surface potential for open pit mining) to a resource ▪ Bodangora historical 230koz Gold mine @26g
Slide 5: Magmatic Resources Ltd (MAG) Introduction
Magmatic Resources Ltd (MAG) Introduction ✓ Formed Magmatic Resources in 2014 to purchase 4 advanced projects in the East Lachlan, NSW: from Gold For personal use only Fields Limited (Mkt cap $US3.4b); which spent $13.5M on exploration and have retained a 20% strategic equity in MAG ✓ Counter cyclic
Slide 6: Copper is in a supply deficit
Copper is in a supply deficit – many market commentators agree deficit is likely to increase over the next decade Key demand side drivers: For personal use only • US economy growing: ➢ US infrastructure plans announced by President Trump still to happen • Chinese economy continues to grow: ➢ One Bel
Slide 7: Strong growth outlook for copper
Strong growth outlook for copper • Recent McKinsey Global Institute report signalled strong growth for copper over the next two decades and alongside a depletion of copper ores after 2025 further exacerbating constrained supply For personal use only • On balance Magmatic see a strong outlook for cop
Slide 8: Porphyry Copper Gold deposits explained
Porphyry Copper Gold deposits explained • Porphyry deposits are the world's most important source of Copper (Cu) and Molybdenum (Mo), and For personal use only are major sources of Gold (Au). They account for about 50 to 60% of world Copper production. • Porphyry deposits typically contain hundreds
Slide 9: Exploring with the majors East Lachlan
Exploring with the majors East Lachlan For personal use only • Fortescue opened office in Orange and actively exploring for copper • Newcrest (Cadia Valley: 52Moz Gold & 3.7Mt Copper) actively seeking new greenfields projects • Evolution expanded in 3 years Gold resource by 4Moz to 8Moz • Regis adva
Slide 10: East Lachlan vs Yilgarn
East Lachlan vs Yilgarn Molong Volcanic Mineral For personal use only Belt - today Endowment Yilgarn 1973 • East Lachlan is underexplored compared to WA/Yilgarn and has great potential for major discoveries • Yilgarn: 45 years of exploration and still major discoveries • Molong Volcanic Belt: potent
Slide 11: East Lachlan vs Yilgarn Mineral Endowment Potential over time
East Lachlan vs Yilgarn Mineral Endowment For personal use only Potential over time • East Lachlan is significantly underexplored compared to the Yilgarn • Yilgarn 45 years of exploration and still major discoveries • Molong Volcanic Belt and Junee – Narromine Volcanic Belt are massively underexplor
Slide 12: Newcrest's Cadia Valley East Lachlan porphyry discovery history
Newcrest’s Cadia Valley East Lachlan porphyry discovery history • 1991: Newcrest conducted shallow RC drilling – 100m to test the magnetic field, no strong results For personal use only • 1992: Cadia Hill was discovered, Newcrest targeted NW extension of Cadia Hill then confirmed extensive halo • 19
Slide 13: Wellington North: Gold & Gold-Copper project
Wellington North: Gold & Gold-Copper project • Tenements cover large volcanic-intrusive centre in the northern end For personal use only of the Molong Rise, which hosts Newcrest’s Cadia Valley porphyry Au-Cu deposits • Mineralisation characterised by shallow to no cover – easy to explore and potenti
Slide 14: Moorefield: Gold & Base Metals project
Moorefield: Gold & Base Metals project • 15km Boxdale – Carlisle Reefs Gold trend: For personal use only ✓ aeromagnetic survey completed, interpretation in progress • Multiple VMS Copper and Polymetallic targets • Immediately adjacent to Australian Mines and CleanTeQ Nickel/Cobalt/Scandium projects
Slide 15: Myall: Gold-Copper project
Myall: Gold-Copper project • ASX announcement today: 4 new untested high order targets within the previously identified Gold-Copper porphyry system For personal use only • Very large volcano-intrusive complex in the East Lachlan, similar age as Cadia Valley and Northparkes Au-Cu porphyry systems Bar
Slide 16: Parkes: Copper-Gold & Gold project JV
Parkes: Copper-Gold & Gold project JV • JV with JOGMEC (Japanese government resources agency) is prospective for porphyry Copper-Gold, and orogenic Gold. Further $1M 2018-19 budget For personal use only approved • Recent drilling at MacGregors Gold Prospect identified a 2km long Gold trend • Recent
Slide 17: WA target generation projects
WA target generation projects • Portfolio diversified in 2018, picking up two greenfields For personal use only exploration projects in proven mineralised district of the Yamarna belt • Mt Venn project covers 60% of the Mt Venn Igneous Complex and along strike of the copper-nickel-cobalt sulphide di
Slide 18: Mt Venn: Copper-Nickel-Cobalt project
Mt Venn: Copper-Nickel-Cobalt project • Dominant landholding on the Mt Venn Igneous Complex adjoining Great Boulder Resources’ (GBR) project For personal use only • Rock chip sampling of gossan outcrop by previous explorers returned best grades of 24% Cu, 13.2% Cu, 8.3% Cu and 6.7% Cu • Previous dri
Slide 19: Delivering to strategy
Delivering to strategy • Well positioned to take advantage of advanced portfolio of targets, as gold prices continue to be buoyant and the For personal use only copper supply/demand shortfall starts to be factored in by the market • Focused on near surface targets with best discovery potential • Act
Slide 20: Peer Analysis
Peer Analysis Magmatic Resources Ltd (MAG) believes that Impact Minerals Limited (IPT), Stavely Minerals Limited (SVY) and Great Boulder Resources Ltd (GBR) are useful ASX listed proxies to benchmark the potential market valuation of MAG against. For personal use only MAG IPT SVY GBR Share Price $0.
Slide 21: Corporate & Investment Profile, Company Board and Exploration Team
Corporate & Investment Profile Company Board and Exploration Team Tight capital structure Chairman, David Berrie: Joined Western Mining For personal use only • 92m fully paid Ordinary Shares on issue, with Corporation in 1987, with much of that time spent in the • 68m or 65% (Founders and Gold Field
Slide 22: Prospect pipeline
Prospect pipeline For personal use only RESOURCES DRILL INTERSECTIONS GEOCHEMICAL ANOMALIES CONCEPTUAL TARGETS magmaticresources.com ASX:MAG
Slide 23: Thank you
Thank you For personal use only Shareholders: Media: David Richardson Michael Cairnduff Managing Director Cannings Purple Email: richardson@magmaticresources.com Email: mcairnduff@canningspurple.com.au Phone Australia: +61 430 353 343 Phone Office: +61 8 6314 6300 Phone Japan: +81 70 1253 3343 Phone
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