Aumega Metals Ltd · ASX:AAM
Aumega Metals — Investor Presentation (November 2019)
21 slides from Aumega Metals's investor presentation, Nov 5, 2019
Slide 1: Cape Ray Gold Project – North American Roadshow November 2019
CAPE RAY GOLD PROJECT North American Roadshow – November 2019
Slide 2: Disclaimer
DISCLAIMER Disclaimer and Forward Looking Statements Mineral Resources This presentation is not a prospectus nor an offer of securities for subscription or sale in The information in this Presentation that relates to the Mineral Resource estimate for the any jurisdiction nor a securities recommendat
Slide 3: Matador Mining
MATADOR MINING 80km of continuous strike along Cape Ray Shear1 ONE OF THE MOST PROSPECTIVE, YET UNDER EXPLORED GOLD REGIONS IN NORTH AMERICA Strong platform for development • Existing resource - 1.02Moz at 2.2g/t Au² (66% indicated) • 605koz at 2.90g/t < 200m from surface3 • 12,000m drill program ne
Slide 4: Corporate Snapshot
CORPORATE SNAPSHOT MATADOR MINING (MZZ:ASX) CAPITAL STRUCTURE 98.6m Shares on Issue ~20m Market Cap at A$0.20 RETAIL DIRECTORS & INVESTORS MANAGEMENT ~2.6m 77.1m Cash as at Sept 19 Qtr End Options 24% 22% ($0.20 – 0.75) 3 INSTITUTIONAL BOARD AND MANAGEMENT INVESTORS Keith Bowes Executive Director -
Slide 5: Newfoundland
NEWFOUNDLAND The next big gold producing district? Location Major island off the east coast of Canada Port Aux Basques Established town 25km from Cape Ray Project Infrastructure World class roads, water, power (grid) and workforce Mining Sector Strong support from the government 11 operations throug
Slide 6: Gold on the Cape
GOLD ON THE CAPE Project Overview EXISTING PLATFORM FOR HIGH-GRADE PRODUCTION WITH SIGNFICANT GREENFIELD EXPLORATION UPSIDE Shallow high-grade mineralisation from surface • JORC (2012) Resource – 1.02M oz at 2.2g/t1 • Gold contained in secondary structures along shear • Four known projects within 12
Slide 7: Pathway to Production
PATHWAY TO PRODUCTION Development study underway HIGH-GRADE MINERALSATION FROM SURFACE DRIVING RAPID PAYBACK & STRONG RETURNS 5km 7km CENTRAL Development study underway - 1Q 2020 BIG WINDOW ZONE ISLE AUX POND GLASS MORT • Targeting high-grade, shallow open pit mineralisation1 HILL TOTAL • Ore to be
Slide 8: Where Have All the High-Grade Open Pit Operations Gone?
WHERE HAVE ALL THE HIGH-GRADE OPEN PIT OPERATIONS* GONE? Has all the easy gold already been discovered? *First world jurisdiction only (Australia, Canada, USA) Open Pit operation only (excludes projects with combined OP & UG) Production between 75,000oz Pa and 300,000oz Au pa Source: S&P Global Data
Slide 9: Central Zone
CENTRAL ZONE Pillar for production at Cape Ray EXISTING PLATFORM FOR HIGH-GRADE PRODUCTION WITH SIGNFICANT GREENFIELD EXPLORATION UPSIDE Shallow high-grade mineralisation from surface • 2.5km of strike and open • Majority of mineralisation hosted in a graphitic schist • 810,000 oz at 2.6g/t Au (66%
Slide 10: Window Glass Hill
WINDOW GLASS HILL Potential to be a bulk tonnage operation LARGE GRANITE INTRUSIVE WHICH CONTINUES TO GROW THROUGH EXPLORATION SUCCESS Potential to become a low strip, bulk tonnage project • Mineralisation hosted in a granite intrusion • 2km from Central Zone • WGH & PW - same granite structure (no
Slide 11: Window Glass Hill
WINDOW GLASS HILL Significant “step out” highlights growth potential 1. ASX announcement 17th October 2019 matadormining.com.au 11
Slide 12: Untouched Exploration Potential
UNTOUCHED EXPLORATIONPOTENTIAL 75km of untested greenfield exploration* LIMITED HISTORICAL DRILL OR MODERN EXPLORATION ACROSS MAJORITY OF GROUND1 Finding the next deposit at Cape Ray • All current deposits outcropping from surface • Majority of ground has shallow cover (till) • Multiple targets iden
Slide 13: Newfoundland's Golden Cape
NEWFOUNDLAND'S GOLDEN CAPE De-risked project provides value opportunity RESOURCE GROWTH DEVELOPMENT EXPLORATION EV / RESOURCEOZ 1.02Moz at 12,000m program High-grade O/P Multiple MZZ ($20/oz) vs. 2.2g/t Au1 underway Dev. Study Greenfield Targets Peers ($57/oz) STRONG NEWS FLOW THROUGH 2020 AND BEYON
Slide 14: matadormining.com.au
ASX:MZZ matadormining.com.au
Slide 15: Appendix: JORC Resource
APPENDIX 1 JORC Resource1 INDICATED INFERRED TOTAL GRADE GRADE GRADE MT KOZ (Au) MT KOZ (Au) MT KOZ (Au) Au (g/t) Au (g/t) Au (g/t) CENTRAL ZONE 7.69 2.7 660 2.03 2.3 150 9.72 2.6 810 ISLE AUX MORT - - - 0.78 2.4 60 0.78 2.4 60 BIG POND - - - 0.11 5.3 18 0.11 5.3 18 WGH - - - 3.64 1.2 134 3.64 1.2 1
Slide 16: Appendix: Exploration Target
APPENDIX 2 Exploration Target Exploration Target of 30 to 36 million tonnes at a grade range of 1.4 to 2.4 g/t Au for 1.3Moz to 2.8Moz1 The potential quantity and grade of the Exploration Target is conceptual in nature and therefore is an approximation. There has been insufficient exploration to est
Slide 17: Appendix 3: Producers
APPENDIX APPENDIX 3 3 Producers Prod ucers OWNER MARKET PRODUCTION – oz pa CASH CASH COSTS PER oz PROPERTY NAME COUNTRY NAME OWNER NAME CAPITALIZATION HEAD GRADE - g/t Au (2018) (USD / oz) USD (m) Mount Carlton Australia Evolution Mining Limited 8,913.9 5.61 112,479 299.00 Meadowbank Canada Agnico E
Slide 18: Appendix 4: Window Glass Hill - Geophysics
APPENDIX 4 Window Glass Hill - Geophysics CHARGEABILITY1 CONDUCTIVITY1 (Highs - sulphide mineralisation) (Lows - quartz veining and fault zones) 1 – ASX announcement 2nd May 2019 matadormining.com.au 19
Slide 19: Appendix 5: Central Zone - 04/41 deposit
APPENDIX 5 Central Zone - 04/41 deposit1 1. ASX announcement 18th July 2019
Slide 20: Appendix 6: Here come the Australians
APPENDIX 6 Here come the Australians OVER $3BN SPENT BY AUSTRALIAN GROUPS IN NORTH AMERICA DURING THE PAST 18 MONTHS Limited opportunities in Australia has encouraged movement abroad • Strong valuation on ASX • Limited number of new discoveries/development assets locally • Current development assets
Slide 21: Matador Mining Ltd
Ea /2 MINING LTD ASX:MZZ Level 1, Emerald House, 1202 Hay Street matadormining.com.au West Perth, WA 6005
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