Essential Metals — Marindi Metals — Resources Rising Stars Presentation February 2019
18 slides from Essential Metals's conference presentation, Feb 14, 2019
Slide 1: Ground-breaking exploration in one of Australia's last under-explored greenstone belts
For personal use only Ground-breaking exploration in one of Australia’s last under- explored greenstone belts RRS Presentation 12 - 14 February 2019 ASX: MZN Simon Lawson, Managing Director
Slide 2: Disclaimer
Disclaimer For personal use only General Disclaimer Competent Person Reference This presentation contains summary information about Marindi Metals Ltd (Marindi) and is current as of 11th Information in this release that relates to Exploration Results is based on information prepared by Mr Simon Febr
Slide 3: Project Location and Commodity Focus
Project Location and Commodity Focus For personal use only Yalco – Zn Darwin Caranbirini – Zn Paterson – Cu/Au Bellary Dome – Au Newman Brisbane Newman – Zn/V/Au Kalgoorlie Sydney Perth Adelaide Melbourne Forrestania – Au Hobart Page I 3
Slide 4: Focusing on High-Impact Australian Gold Exploration
Focusing on High-Impact Australian Gold Exploration For personal use only • 100% ownership of >1,000km2 of the Southern Forrestania greenstone belt – one of Australia’s last under-explored major greenstone belts • Portfolio includes historical high-grade gold mines with mineralised rock dumps and ge
Slide 5: Southern Forrestania Gold Project, WA
Southern Forrestania Gold Project, WA For personal use only • Large strategic land-holding in a major greenstone belt with proven gold endowment • Greenstone belts proven host to major gold deposits around the world and throughout Western Australia • Southern Forrestania overlooked as a gold explora
Slide 6: Forrestania Gold – Great Southern Gold Prospect
Forrestania Gold – Great Southern Gold Prospect • Great Southern and Commonwealth For personal use only gold mines acquired for $45k deal in October 2018 (see ASX: MZN announcement 15 October 2018) • Historical production grades of up to 19g/t, vein grades of up to 50g/t gold and visual gold in hist
Slide 7: Great Southern Gold Prospect – Drilling February 2019
Great Southern Gold Prospect – Drilling February 2019 For personal use only • Lode systems visible in pits, gold validated by Marindi geologists, extensions visible in geophysics • Extensions to both Great Southern and Commonwealth pit lodes open along strike • 1,500-2,000m of Reverse Circulation dr
Slide 8: Forrestania Gold – Kit Kat Gold Prospect (Kat Gap South)
Forrestania Gold – Kit Kat Gold Prospect (Kat Gap South) • Recent drilling at Kat Gap illustrates For personal use only significant high-grade gold potential on the western granite/greenstone structural contact • Kit Kat gold prospect comprises >10km of highly prospective granite/greenstone contact
Slide 9: Forrestania Gold – New Prospects
Forrestania Gold – New Prospects Southern Forrestania gold prospects • Acquisition of historical exploration data has: For personal use only Bounty gold mine Dolerite Sediments (closed) ASX:KDR • Geochemically reinforced the along-strike extensions of the Great Southern and Commonwealth Mafic Mafic
Slide 10: Forrestania Gold – The Plan
Forrestania Gold – The Plan For personal use only • Drill RC at Great Southern and Commonwealth pit extensions – Q1 2019 • Conduct SAM geophysical survey at Kit Kat gold prospect – Q1 2019 • Follow-up field work and drilling at wider Great Southern, Crossroads, Roman and Mt Stewart gold prospects –
Slide 11: Paterson – Copper-Gold Project
Paterson – Copper-Gold Project • >~1,000sqkm strategic land-holding in the For personal use only emerging Paterson Province – one of Australia’s hottest exploration districts • Utilising latest technology, Marindi has merged all available public and private geophysical data over the Kintyre Project
Slide 12: Paterson – Wanderer Copper-Gold Prospect
Paterson – Wanderer Copper-Gold Prospect • Favourable regional structure – fold hinge and limb For personal use only Kintyre U Deposit MDP Pty Ltd “trap-sites” adjacent to major crustal fault • At least three apparent “dome” structures visible in magnetics/gravity/radiometrics • At Wanderer historic
Slide 13: Wanderer Copper-Gold Prospect – Section 402180E
Wanderer Copper-Gold Prospect – Section 402180E For personal use only • Shallow 20-50m wide magnetite-rich alteration zone with elevated Cu/Au/Mo assays • Alteration mineral assemblage is unique and potentially very meaningful • Original drill-holes were sampled/assayed at 1m-13m intervals • Some ho
Slide 14: Wanderer Copper-Gold Prospect – Plan View on Aerial Image
Wanderer Copper-Gold Prospect – Plan View on Aerial Image For personal use only • Thick magnetite- rich alteration with Cu/Au/Mo logged over more than 1,000m of strike • Majority of holes only 120m deep, some ending in mineralisation Mineralised trend • Trend open along strike and down- dip = Scale
Slide 15: Bellary Dome – Gold-Bearing Conglomerates
Bellary Dome – Gold-Bearing Conglomerates For personal use only • ~30km strike length of exposed conglomerate sequences between Archean basement and Mt Roe Basalt • Equivalent stratigraphic position to Purdys Reward/Comet Well discoveries • Known gold-bearing pyritic conglomerate • Tenements surroun
Slide 16: Corporate Overview
Corporate Overview Capital Structure For personal use only Share Price (as at 8th February 2018) $0.005 Shares on Issue (ASX: MZN) 1,985M Market Capitalisation $9.9M Cash on hand (as at end of Dec 2018) $0.5M1 Enterprise Value $9.4M Unlisted Options 183.5M2 Board & Management Ownership ~5% 1. Not in
Slide 17: Summary – Marindi looking golden
Summary – Marindi looking golden For personal use only Management with a clear focus on gold at Forrestania Low-risk drill-ready targets in an unexplored greenstone belt Significant high-grade gold potential Upside exposure to large copper-gold, structural gold, conglomerate-hosted gold, lit
Slide 18: For personal use only
For personal use only T: +61 8 9322 2338 E: info@marindi.com.au A: Level 3, 35 Havelock St, West Perth, 6005 ASX: MZN Page I 18
Marindi Metals — Resources Rising Stars Presentation February 2019 on 6ix