Maronan Metals Ltd · ASX:MMA
Maronan Metals — RIU Sydney Resources Round-Up 2025
18 slides from Maronan Metals's conference presentation, May 6, 2025
Slide 1: The Maronan Project
The Maronan Project Building Confidence and ASX C O DE: M M A Advancing towards ‘Mine Ready’ Presented by: Richard Carlton, MD 6 May 2025 RESOURCES ROUND-UP 6, 7 & 8 May 2025
Slide 2: Important Notices and Disclaimer
Important Notices and Disclaimer GENERAL These presentation materials and the accompanying verbal presentation (together, the Presentation Materials) have been prepared by Maronan Metals Limited (Company) as at 06/05/2025 and statements are current only as at that date. Information in the Presentati
Slide 3: Maronan Metals − Share Price Catalysts
Maronan Metals − Share Price Catalysts Rapidly advancing towards ‘mine-ready’ with multiple development options Resource Update (Q4 - FY25) Scoping Study (Q4 - FY25) MDL application/grant 2025 This slide sets out indicative timelines for drill results, technical studies and permitting milestones. Th
Slide 4: Corporate Summary – Proven Mine Development Team In Place
Corporate Summary – Proven Mine Development Team In Place ASX Code Shares on Issue* Share Price (2 May 25) Market Cap Cash (at 31 Mar 25) MMA 201,252,826 23.5c $47.3M $4.05M Board Of Directors & Senior Management Share Price & Trade 02/05/2024 − 03/05/2025 Simon Bird Non-Exec Chairman Richard Carlto
Slide 5: Maronan Project Investment Highlights
Maronan Project Investment Highlights One of Australia’s largest and highest-grade undeveloped Silver Resources Project Location Large global resource base of +60Mt containing 118Moz Silver, 2Mt Lead, 272Kt Copper and 758Koz Gold1 Rapidly advancing towards ‘mine-ready’ Multiple development options -
Slide 6: Strong Fundamentals
Strong Fundamentals World Silver Institute – Silver Supply Deficit Why Maronan Now? 01 Potential to be a significant player in the silver and lead markets Positioned to contribute to filling 02 the forecast silver supply deficit Leveraged to rising silver, copper 03 and gold prices * Source: World S
Slide 7: Project Overview − “Starter Zone”
Project Overview − “Starter Zone” 01 The ‘Starter Zone’ • Less than 90m from surface • Successfully growing the Indicated Resource base • Potential early access with exploration decline 02 Multiple Development Options • Favourable Geometry for productive underground mining • Thick continuous horizon
Slide 8: Growing the Indicated Resource
Growing the Indicated Resource1 • Total Silver-Lead Resource 32.1Mt • Starter Zone is one-third of the total Ag-Pb resource • Indicated: 2.1Mt @ 5.3% Pb, 155g/t Ag • Inferred: 9.0 Mt @ 5.3% Pb, 101g/t Ag • 2024 Infill Drill Program – 10,076m completed on time and budget • Assays received and reporte
Slide 9: Excellent Metallurgical Results
Excellent Metallurgical Results • Simple flotation for Silver-Lead • Concentrate grading > 74% lead and >2,900g/t silver1 • Recoveries up to 95% for lead and up to 91% for silver2 • Underlines their strong revenue potential • Transitional and fresh copper sulphide mineralisation2 • Strong recoveries
Slide 10: Maronan Project Virtual Tour
Maronan Project Virtual Tour https://vrify.com/decks/18038?auth=3887 09b9-037d-44a7-bbb9-4d6fa08f5987 RIU Resources Round-Up | May 2025 10
Slide 11: Multiple Options with Surrounding Infrastructure
Multiple Options with Surrounding Infrastructure Mining friendly region with infrastructure in place • Queensland’s rich Northwest minerals province • Favourable access to infrastructure: • Cloncurry - 65km • Mt Isa - 120km • Townsville – 770km • 4km from sealed highway • Available options for rail
Slide 12: Substantial Steps From Exploration Towards Mining
Substantial Steps From Exploration Towards Mining Strong emphasis on establishing a robust geological model to underpin the resource MRE announcement Re-logged 15km of of 30Mt Pb-Ag and Carry out historical drilling Technical experts 30Mt Cu-Au, including Drilling to Resource Re-surveyed drill Augen
Slide 13: Acceleration of ‘Mine-Ready’ Studies
Acceleration of ‘Mine-Ready’ Studies • Mineral Development Lease • Application Lodged March 2025 • Considering exploration decline, bulk sample and underground drilling • Requires update to existing Environmental Authority – studies in progress • Technical Studies • Geotechnical & Decline design • M
Slide 14: Next Steps
Next Steps Rapidly advancing towards ‘mine-ready’ with multiple development options Resource Update (Q4 - FY25) Scoping Study (Q4 - FY25) MDL application/grant 2025 This slide sets out indicative timelines for drill results, technical studies and permitting milestones. There is no assurance the targ
Slide 15: Contact Us
Contact Us Maronan Metals Limited Level 15, 323 Castlereagh Street, Sydney, NSW 2101 www.maronanmetals.com.au Phone +61 2 9281 1805 info@maronanmetals.com.au This presentation has been approved for release by the Board of Maronan Metals Limited – 6 May 2025 Confidential RIU Resources Round-Up | May
Slide 16: Appendix - March 2024 Updated Mineral Resource Silver-Lead
Appendix - ASX:MMA 12 March 2024 Updated Mineral Resource* Silver-Lead * ASX:MMA 12 March 2024 – Updated Resource Estimate RIU Resources Round-Up | May 2025 16
Slide 17: Appendix 1 - March 2024 Updated Mineral Resource Copper-Gold
Appendix 1- ASX:MMA 12 March 2024 Updated Mineral Resource* Copper-Gold * ASX:MMA 12 March 2024 – Updated Resource Estimate RIU Resources Round-Up | May 2025 17
Slide 18: Appendix 1 - March 2024 Updated Mineral Resource Gold-only
Appendix 1- ASX:MMA 12 March 2024 Updated Mineral Resource* Gold-only * ASX:MMA 12 March 2024 – Updated Resource Estimate RIU Resources Round-Up | May 2025 18