Metalsgrove Mining Limited · ASX:MGA

Metalsgrove Mining — Investor Presentation (October 2024)

15 slides from Metalsgrove Mining's investor presentation, Oct 24, 2024

  1. Slide 1: Investor Presentation

    Investor Presentation HIGHLY PROSPECTIVE GOLD COPPER EXPLORATION ASSETS EXPLORATION AND DEVELOPMENT WESTERN AUSTRALIA AND NORTHERN TERRITORY ASX: MGA OCTOBER 2024 www.metalsgrove.com.au

  2. Slide 2: Disclaimer

    Disclaimer GENERAL INFORMATION ONLY PAST PERFORMANCE This presentation contains general background information and summary information about MetalsGrove Mining Limited (ACN Past performance is not necessarily indicative of future results and no person guarantees the performance of 655 643 039) (“Met

  3. Slide 3: Highly Prospective Gold Copper Exploration Assets

    Highly Prospective Gold Copper Exploration Assets Gold, Copper-Zinc Base Metals and Manganese Portfolio in the Tier-1 Mining Jurisdictions Western Australia and Northern Territory • Bruce–NT (MGA 100%) • Well connected to existing infrastructure. • High grade quartz vein gold-copper sampling results

  4. Slide 4: Corporate Snapshot

    Corporate Snapshot CAPITAL STRUCTURE Share Price (07/08/2024) 8.5C 52 Week Range 3.1c-10.5c Total Number of Shares on Issue 105.4m Market Capitalisation A$8.96m Cash Balance (30th Sep. 2024) A$2.20m TOP 5 SHAREHOLDERS Bright Element 11.65% Mrs Hui An 10.43% Fountain Stream 9.49% BNP Paribas Nominees

  5. Slide 5: NT Project Highlights-Gold, Copper-Base Metal, Rare Earth

    NT Project Highlights-Gold, Copper-Base Metal, Rare Earth • Location: 110km north of Alice Springs. • Size: Approximately 320km2 (EL32420, EL31225 and EL32419). • Interest: 100%. • Access: Via Stuart and Plenty Highways. • High prospective gold, copper-base metal exploration targets. • Well connecte

  6. Slide 6: Bruce: Gold, Copper, REE-NT

    Bruce: Gold, Copper, REE-NT • Project (EL31225) covers an area of 127km². • Bruce gold and copper prospect located at northeastern portion of the tenement area. • New regional mapping and sampling completed and assays pending. www.metalsgrove.com.au Page 6

  7. Slide 7: Bruce: Gold, Copper, REE-NT

    Bruce: Gold, Copper, REE-NT • Previous identified three main ferruginous quartz vein sets with strike lengths up to 2.8 km. • Veins sample results include gold values of 53.0 g/t, 15.0 g/t and 7.2 g/t, and copper values of up to 2.66%. www.metalsgrove.com.au Page 7

  8. Slide 8: Bruce: Gold, Copper, REE-NT

    Bruce: Gold, Copper, REE-NT • The high-grade gold and copper quartz veins occur in structurally controlled shoots offset by faults and are often located in regions of locally low magnetic intensity. • Completed mapping and sampling program covered regional targets and assays pending. www.metalsgrove

  9. Slide 9: Edwards Creek: Copper, Zinc-NT

    Edwards Creek: Copper, Zinc-NT • Drill hole DD80EC1: 4.5m @ 2.25% Cu, 0.11% Pb, 1.54% Zn, 0.14 g/t Au from 47m. • Drill hole DD81EC2: 18.6m @ 0.22% Cu, 0.17% Pb, 0.49% Zn, 0.14 g/t Au from 44.3m. • Newly discovered malachite- stained ironstone returned 0.81% Cu. www.metalsgrove.com.au Page 9

  10. Slide 10: Edwards Creek: Copper, Zinc-NT

    Edwards Creek: Copper, Zinc-NT • Drill hole DD80EC1: 4.5m @ 2.25% Cu, 0.11% Pb, 1.54% Zn, 0.14 g/t Au from 47m. • Newly completed drill hole 245EC001 hits 24 meters mineralisation from 103m. www.metalsgrove.com.au Page 10

  11. Slide 11: Box Hole: Zinc, Lead - NT

    Box Hole: Zinc, Lead - NT • Mississippi Valley Type (MVT) deposits. • Large tonnage carbonate hosted lead-zinc mineralisation. • Multiple walk-up drilling targets identified. www.metalsgrove.com.au Page 11

  12. Slide 12: Woodie Woodie North: Manganese-WA

    Woodie Woodie North: Manganese-WA • Nearby mining project demonstrated manganese (Mn) mineralisation and similar geology in the project area. • The tenement areas contain manganese outcropping stratigraphy. • Historical working within the project area. • Surface sampling has returned several highly

  13. Slide 13: Leake: Copper, Gold - WA

    Leake: Copper, Gold - WA • Awarded tenement E77/3152 located approximately 135 km south of Southern Cross in Western Australia. • Considered highly prospective for copper and gold. • Historical soil sampling identified a coherent copper anomaly situated on the northern portion of the tenement and op

  14. Slide 14: Experienced Leadership

    Experienced Leadership Mr. Richard Beazley Mr Lijun Yang Mr Haidong Chi Chairman Managing Director and CEO None-Executive Director A mining engineer with 35 years of Member of the Australian Association of Extensive experience in the commodity experience with a strong corporate, Geologists (MAIG) an

  15. Slide 15: Contact

    Contact Address Suite 9, Level 2 389 Oxford Street Mount Hawthorn, WA 6016 Contact www.metalsgrove.com.au lijuny@metalsgrove.com.au T : +61 8 9380 6789 www.metalsgrove.com.au Page 15

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