Maronan Metals Ltd · ASX:MMA
Maronan Metals — Noosa Mining Conference 2024
25 slides from Maronan Metals's conference presentation, Nov 14, 2024
Slide 1: The Maronan Deposit
The Maronan Deposit One of Australia’s Largest and Highest-Grade Undeveloped Silver Resources Presented by: Richard Carlton, MD 14 November 2024 A S X C O D E : M M A Noosa Mining Conference
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 14/11/2024 and statements are current only as at that date. Information in the Presentati
Slide 3: Maronan Metals − Unlocking Value
Maronan Metals − Unlocking Value Potential Long-Life Ag-Pb, Cu-Au exposure in a Tier 1 jurisdiction 100% owned Maronan Deposit with excellent ore body continuity Large Silver-Lead and Global Resources of +60Mt Copper-Gold endow− containing 118Moz Silver, 2Mt Lead, ments open at depth 272Kt Copper an
Slide 4: Value Drivers
Value Drivers 01 Immediate value driver: The ‘Starter Zone’ • Early access less than 90m from surface • Growing the Indicated Resource • Assessing staged development with options to ramp up production over time 02 Testwork to date shows simple, proven flotation generates high value Concentrate • Exc
Slide 5: What is the Upside?
What is the Upside? World Silver Institute – Silver Supply Deficit Why Maronan Now? Potential to be a significant player 01 in the Silver and Lead markets Positioned to be an early mover 02 into the Silver supply deficit Leveraged to rising Silver, Copper 03 and Gold prices * Source: World Silver In
Slide 6: Corporate Summary
Corporate Summary ASX Code Shares on Issue* Share Price (11 Nov 24) Market Cap Cash (at 30 Sept 24) MMA 201,252,826 24c $48.3M $7.75M Board Of Directors & Senior Management Share Price & Trade Volume: 10/11/2023 − 11/11/2024 Simon Bird Non-Exec Chairman Richard Carlton Managing Director Robert Ruthe
Slide 7: Achievements over the past year – 'did what we said we would'
Achievements over the past year – ‘did what we said we would’ • Completed resource review following first MMA drill program*: • Maiden Ag-Pb resource 2.1Mt @ 5.3%Pb 155g/tAg • Significant Cu-Au resource increase • Maiden Gold-only resource • Strong metallurgical results for Ag-Pb and Cu-Au ore. • Su
Slide 8: Maronan Project Location
300,000mE relia Mount Ws Lorett a 2. Mount Kelly PROJECT a0 LOCATION ying Hors Little Eva.cp Turkey Creek Dugald Ri M@unt Isa ‘Mount isa Copper Mine.) | Mout Colin 9: re Rockland Las Minerale Canning Maronan Project Location X nan Tenement EPA b POWERED BY I F r 4400 000me ‘500 000mE:
Slide 9: Global Silver-Lead Resource
Global Silver-Lead Resource X POWERED BY VRIFY Starter Zone 5.8m @ 8.10 %Pb, Silver-Lead Resource: Ind8inf: 32.1Mt @ 61% Lead, 196git Silver aan Starter Zone: 4.05m @ 11.60 %PI Ind: 2.1Mt @ 5.3% Lead, 155qt Silver \ per . Inf: 9.0Mt @ 5.3% Lead, 101g/\ Silver .7AN@ 7.50 PD, 147.00 gi" MRN22003 4m @
Slide 10: Starter Zone Resource and Drilling
Starter Zone Resource and Drilling Starter Zone {L_-" J "Drill Assays (ppm Ag) = Se Yh t Starter Zone Silver-Lead Resource with drilling showing Silver Assays X POWERED BY VRIFY 53m
Slide 11: Indicated Resource and Drilling
Indicated Resource and Drilling + ys { { \ +| eae ° “oy Alf y | 4 | Ny } Roe y\ * 2 77 ., \ . Hoe \ 5 \ 4 8 Py 4 %, . \ SN AK 2 i % Ls xi 2 %, ; 4 @& Paes * > x i) » 4S , % oo » 12 Starter Zone Indicated Silver-Lead Resource with Drilling showing Silver Assays X & POWERED BY VRIFY 3 options» capture
Slide 12: Indicated Resource and 2024 Drilling
Indicated Resource and 2024 Drilling March 2024 Indicated Resource Area with Planned (yellow) and Completed (black) x 2024 drilling POWERED BY VRIFY
Slide 13: 2024 Drilling & Starter Zone Wireframes
2024 Drilling & Starter Zone Wireframes Cross Sectional View of Starter Zone Silver-Lead Mineralisation with Historic and x 2024 Drilling yy POWERED BY fi VRIFY
Slide 14: Drilling Highlights - Starter Zone Eastern Horizon
22.8m @ 5.80 %Pb, 138.00 g/t Ag MRN24002 23.32m @ 5 %Pb, 175 g/t Ag a MRN23014A MEN 23012 20.9m @ 4.40 %Pb, 150.00 g/t Ag 5.8m @ 8.10 %Pb, 231.00 g/t Ag MRN7002 22m @ 4.90 %Pb, 126.00 g/t Ag MRN23013, 21.15m @ 5.00 %Pb, 195.00 g/t Ag MRN23020 6.7m @ 7.50 %Pb, 147.00 g/t Ag Drilling Highlights - Star
Slide 15: Starter Zone West
Starter Zone West MRN23008 5.8m @ 8.10 %Pb, 231.00 g/t Ag MRN22003W1 ad 10.5m @ 7.30 %Pb, 55.00 g/t Ag MRN11003A\ 4.05m @ 11.60 %Pb, 255.00 g/t Ag MRN22003 4m @ 11.90 %Pb, 115.00 g/t Ag MRN23022 8.4m @ 17.10 %Pb, 112.00 g/t Ag MRN7001 14.48) 11.10 %Pb, 133.00 g/t A: Drilling Highlights - Starter Zon
Slide 16: Copper-Gold & Lead-Silver Wireframes
Copper-Gold & Lead-Silver Wireframes Drill Assays (% Cu) Copper-Gold Mineralisation in relation to Starter Zone Silver-Lead Mineralisation x @ >1.0 shown with existing and 2024 Drilling POWERED BY VRIFY
Slide 17: Global 2024 Copper-Gold Resource
rill Assays (% Cu) B oz-08 04-00 B 00-08 GB os-10 Bo Copper-Gold Resource: Inferred 32.5Mt @ 0.84% Copper, 0.61g/t Gold, 7g/t Silver» \ 1 Cu, 152 at AL Resource: Copper + Gold 81.85m @ 0.41 %Cu, 0.57 ah AU Global 2024 Copper-Gold Resource X POWERED BY VRIFY
Slide 18: Copper-Gold Drilling Highlights at Depth
MRN120048——_ 63.2m @ 0.79 %Cu, 0.31 g/t Au SS MRN23004W2 58m @ 0.73 %Cu, 0.67 g/t Au MRN23004 20m @ 0.80 %Cu, 0.69 g/t Au MRN220¢1 19.2m @ 1.85 %Cu, 1.58 g/t Au MRN12004 37.4m @ 1.61 %Cu, 1.52 g/t Au ‘MRN13001 115m @ 0.75 %Cu, 0.51 g/t Au Copper-Gold Drilling Highlights focussing on thicker Copper G
Slide 19: Metallurgical Results from Sighter Tests
Metallurgical Results from Sighter Tests* • Preliminary flotation work on the two separate silver-lead ore types have returned: • Strong recoveries of both silver and lead • Lead concentrates with exceptionally high silver grades (932-1485 g/t), underlining their strong revenue potential • Comminuti
Slide 20: Permitting Studies
Permitting Studies Data collection on critical path items: • Flora and fauna • Surface water • Ground water Technical assessment: • Geotechnical • Metallurgical Early engagement on potential infrastructure: • Conceptual Site layout • Utilities – power and water Silver-Lead testwork Stakeholder engag
Slide 21: The year ahead – 'building on a strong foundation'
The year ahead – ‘building on a strong foundation’ • Complete the 7,000m to 10,000m drilling program. • Undertake resource update. • Advance project related studies. • Assess and rank options for developing the project. • Develop financial models for options at Scoping Study level. • Design the next
Slide 22: 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 – 14 November 2024 Confidential Maronan Metals - Noosa
Slide 23: Appendix 1 - March 2024 Updated Mineral Resource Silver-Lead
APPENDIX 1- ASX:MMA 12 March 2024 Updated Mineral Resource* Silver-Lead * ASX:MMA 12 March 2024 – Updated Resource Estimate Maronan Metals - Noosa Mining Conference 2024
Slide 24: 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 Maronan Metals - Noosa Mining Conference 2024
Slide 25: 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 Maronan Metals - Noosa Mining Conference 2024