Meridian Mining Plc · TSX:MNO
Meridian Mining — Meridian Mining UK S — Investor Presentation (September 2021)
19 slides from Meridian Mining's investor presentation, September 2021
Slide 1: Cabaçal: Targeting multi million ounce gold and billion+ pounds of copper
Cabaçal: Targeting multi million ounce gold and billion + pounds of copper discoveries within granted mining tenements CORPORATE PRESENTATION, SEPTEMBER 2021 TSX.V: MNO / OTCQB: MRRDF / FRANKFURT: 2MM HTTPS://MERIDIANMINING.CO/ MERIDIANMINING.CO
Slide 2: Cautionary Note Regarding Forward-Looking Statements
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain of the statements made and information contained herein is “forward-looking information” within the meaning of applicable Canadian securities laws. All statements other than statements of historical facts included in this document constitu
Slide 3: Cabaçal Investment Highlights
CABAÇAL INVESTMENT HIGHLIGHTS Listing Location Map TSX.v...................MNO Country.................Brazil OTCQB............MRRDF State........Mato Grosso BRAZIL Frankfurt................2MM Mining Jurisdiction.....Tier 1 Mato Grosso Size Infrastructure Major Metals Co-Products 36 km Extensive Co
Slide 4: Corporate Information - Meridian Mining UK S
CORPORATE I NFORMATION - M ERIDIAN M INING U K S Meridian Mining UK S listed on the TSX.v (Ticker: MNO) Corporate Structure1 • Management ownership – 8.1m shares, 3.5m warrants and 10.4m options (6.4% outstanding / 12.1% fully diluted) Shares Outstanding 127.1 m • Top 10 shareholders ~ 40m shares an
Slide 5: Board of Directors, Executive Management & Advisory Board
B OARD OF DIRECTORS EXECUTIVE MANAGEMENT & ADVISORY BOARD G I L B E RT C L A RK SORAIA MORAIS A F O N S O F I G U E I RED O Executive Chairman Chief Financial Officer Geologist +25 years experience + 15 years experience + 50 years experience A D R I A N M C A RT HU R VITOR B E L O ROCKY OSBORNE CEO
Slide 6: Global Thinking Local Action
L E A D I N G C O M M U N I T Y BASED ESG A N D SDG PR OG RAM Global Thinking Local Action Corporate Social Responsibility (CSR): • CSR focuses on developing an open and transparent relationship with all stakeholders • Community engagement program managed by in-house Legal & Land management team • P
Slide 7: Modern Exploration: Expanding on Historic Data
CABAÇAL M ODERN E XPLORATION : E XPANDING ON HISTORIC DATA ^ ORTHOGONAL VIEW OF HISTORICAL SURFACE DRILLING DATA COMPLETED BY BP MINERALS OVER THE CABAÇAL MINE’S LEVEL PLAN Cu Eq % Visible Gold Intercepted in Hole CD-049 ^ UPDATE PHOTO - CORE PHOTO? Low risk, pre-defined Copper-Gold mineralized enve
Slide 8: Cabaçal Copper-Gold VMS Project
CABAÇAL C ABAÇAL C OPPER -G OLD VMS P ROJECT Cabaçal VMS Belt CABAÇAL PROJECT – NATIONAL, REGIONAL & LOCAL SETTING ^ • Polymetallic VMS system Cu-Au + Ag-Zn-Pb o Discovered by BP Minerals in 1983 • Two historic high-grade mines in 14km mine corridor o No environmental mining legacy • Advanced permit
Slide 9: New Open High-Grade Gold Trend
CABAÇAL N EW O PEN H IGH - GRADE G OLD T REND 1 Significant Upside Unlocked in High Grade Gold Trend at Cabaçal Northwest Extension Potential for parallel repeat high grade gold structures as in the Cabaçal gold mine 1 See Press Release 7th & 2nd September 2021 Corporate Presentation, September 2021
Slide 10: Cabaçal Central - Resource Development Program
CABAÇAL C ABAÇAL C ENTRAL - R ESOURCE D EVELOPMENT P ROGRAM • Initial 10,000m drill program involves a combination of infill drilling and twin drilling to statistically validate the BP Minerals / Rio Tinto database • Validation drilling program at Cabaçal Central: o 60-70 drillholes (30 twin) ~ 7,00
Slide 11: Large Scale Open-Pit Potential Production Scenario
CABAÇAL L ARGE SCALE OPEN - PIT POTENTIAL PRODUCTION SCENARIO Multiple layers of high-grade Copper- Gold mineralisation New hinge zones of high-grade gold 1 See Press Release 7th and 2nd Sept, 31st August, 13th July, 28th & 15th June, 26th April & 25th May 2021 Copper-Gold mineralization open Copper
Slide 12: Expanding Mineralisation Within and Beyond Historic Mine
E XPANDING MINERALISATION WITHIN AND BEYOND CABAÇAL HISTORIC MINE Broad zones of open Copper-Gold B ~ 500 meters B’ mineralisation Historical mining focused on a high- grade Gold only High-grade Gold zones extended outside of mine limits Mineralized system expanded to >3.7km at Cabaçal Central Drill
Slide 13: Potential for Expansion of the Historic Resource
CABAÇAL P OTENTIAL FOR EXPANSION OF THE HISTORIC RESOURCE Resource expansion opportunities: Historic Resource1 Current • New near-surface zones outside of the limits of the Cabaçal Criteria Mine Resource 21.7Mt @ 0.6% Cu & 0.6 g/t Au - Cut-off Grade 0.2% CuEq - • Metals Pricing has more than doubled
Slide 14: Cabaçal West Targeting Potential New Mineralization
CABAÇAL C ABAÇAL W EST TARGETING POTENTIAL NEW MINERALIZATION A B CABAÇAL WEST TARGET, IN RELATION TO BHEM CONDUCTIVE MODELS AMCD-15- CD-038 B 006 CD-058 CD-049 Cabaçal West Conductor 3X the size of Cabaçal Mine Cabaçal West EM plates hosted within mine stratigraphy A Cabaçal West only 1.5km from 1
Slide 15: Mine Corridor Exploration Program
CABAÇAL M INE C ORRIDOR E XPLORATION P ROGRAM Mine Corridor: Advanced Exploration • Multiple clusters of VTEM plates coincident with Copper-Gold geochemical anomalies and drilling Testing the hydrothermal Copper-Gold VMS Clusters • Surface EM surveys on-going • Active trenching and reconnaissance dr
Slide 16: Regional Exploration Targets
CABAÇAL R EGIONAL E XPLORATION T ARGETS Meridian controls a significant land position within an CABAÇAL emerging copper-gold province1 JAURÚ & PROJECT ARAPUTANGA PROJECTS Southern extension of Cabaçal Copper-Gold VMS belt secured • The historical copper-geochemical anomaly defined by BP in the 1980’
Slide 17: Advancing Towards a Mining Decision
CABAÇAL A DVANCING TOWARDS A MINING DECISION Meridian is planning for Cabaçal’s long term future by association with industry leaders • H&S Consultants engaged to complete future Cabaçal resource statement • Ausenco engaged to provide Scoping Study on Cabaçal's future mine plan and beneficiation req
Slide 18: Development Timeline
CABAÇAL D EVELOPMENT T IMELINE TIMELINE Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Database Enhancement Program Digital Capture of additional density, logging, sampling metadata Aerial Drone survey; update aeiral photography Updated releief model Georegister key Cabacal historical maps;
Slide 19: Meridian Mining UK S Contact
Meridian Mining UK S Dr Adrian McArthur Gilbert Clark Investor Contact: Corporate Address: Chief Executive Officer Executive Chairman +1 778 715 6410 6th Floor, 65 Gresham Street, London Email: amcarthur@meridianmining.net.br Email: gclark@meridianmining.net.br EC2V 7NQ United Kingdom Corporate Pres
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