Aumega Metals Ltd · ASX:AAM
Aumega Metals — Investor Presentation (May 2025)
27 slides from Aumega Metals's investor presentation, May 26, 2025
Slide 1: Corporate Presentation
Corporate Presentation aumegametals.com ASX: AAM | TSXV: AUM | OTCQB: AUMMF
Slide 2: Disclaimer and Forward-Looking Statements
Disclaimer and Forward-Looking Statements Disclaimer and Forward-Looking Statements This presentation is not a prospectus nor an offer to sell, nor a solicitation of an offer to buy, securities for subscription or sale in any jurisdiction nor a securities recommendation. The information in this pres
Slide 3: Importance of Exploration for the Industry's Growth
Importance of Exploration for the Industry’s Growth Declining global gold reserves + Lack of exploration investment = junior explorco opportunties Gold Reserves % Change 1 PEAK GOLD (2012 v 2024) ▪ Declining global gold reserves since 2011 ▪ Coincided with peak of the previous gold cycle Kinross Gol
Slide 4: Key Criteria for Producers
Key Criteria for Producers Major and intermediate producers are selective in who they choose to invest in Global Gold Production 1 ✓ JURISDICTION 3,500 $2,500 3,000 $2,000 GOLD PRODUCTION (MT) ✓ GOLD PRICE (USD/OZ) 2,500 SCALE $1,500 2,000 1,500 $1,000 ✓ POTENTIAL 1,000 $500 500 ✓ 0 $0 BOARD AND MAN
Slide 5: The Arrival of Major Gold Producers
The Arrival of Major Gold Producers Newfoundland is emerging a new mining district VALENTINE PROJECT ▪ Acquired by Calibre in 2024 ▪ Equinox / Calibre merger in May 2025 ▪ Five million ounce + resource ~C$6.9bn Mkt Cap1 (proforma) ▪ In production in mid-2025 GOLDEN ROSE PROJECT ▪ JV with TSXV junior
Slide 6: District Scale Land Package
District Scale Land Package Several discrete projects on a proven multi-million-ounce Cape Ray Valentine Shear NEW MINING DISTRICT EMERGING Multi-million-ounce deposit going into production AUMEGA HIGH-GRADE, SHALLOW MINERAL RESOURCE1 One of only a few explorers in Newfoundland with a resource NARRO
Slide 7: AuMEGA Capital Structure
AuMEGA Capital Structure CAPITAL STRUCTURE SHAREHOLDER OWNERSHIP TSX: C$27.5M Institutional B2Gold Board & Management Retail Market Capitalization ASX: A$28.3M 51% Share Price (May 19, 2025) C$0.035 / A$0.034 Shares Outstanding 787.0M Stock Options GROWING INSTITUTIONAL (Strike Price Range: C$0.04 t
Slide 8: Highly Experienced Board & Management
Highly Experienced Board & Management Seasoned Mining & Exploration Experience With Proven Track Record Of Success Management Board of Directors Sam Pazuki Mike Skead Justin Osborne Kerry Sparkes Managing Director & CEO President Chair Non-Executive Director 30+ years’ exploration experience 30+ yea
Slide 9: 2025 Exploration Program Priorities
2025 Exploration Program Priorities 1 Bunker Hill ▪ Vast, underexplored and geologically complex area ▪ Large drill program (~10,000m planned, 5,000m drilled to-date) ▪ Four highly prospective target areas with limited exploration ▪ Previous high-grade gold and copper samples1 2 Cape Ray 3 Hermitage
Slide 10: Bunker Hill
Bunker Hill aumegametals.com ASX: AAM | TSXV: AUM | OTCQB: AUMMF 10
Slide 11: Bunker Hill Overview
Bunker Hill Overview Massive project area with the largest exploration program ever conducted underway NITTY GRITTY ▪ Several high-grade copper, gold and silver samples 1,2 ▪ Intrusion related mineralisation ▪ Drilled five holes for 1,293 metres in the winter BUNKER HILL WEST ▪ High-grade gold in ou
Slide 12: Bunker Hill Winter Program
Bunker Hill Winter Program Recently completed the winter drill program, planning for summer program 30-km Logging Camp Road Access Trans Canada Highway Laydown Area 18-km Snow Road Laydown Area Access aumegametals.com ASX: AAM | TSXV: AUM | OTCQB: AUMMF 12
Slide 13: Bunker Hill BOH and Partial Diamond Drill Results
Bunker Hill BOH and Partial Diamond Drill Results PROGRAM STATISTICS1 # of Holes Metres RC 147 1,397 Diamond 14 3,670 SIGNIFICANT RC BOH RESULTS1 Gold Silver Lead Hole # ppb g/t % CRC0284 417 3.7 0.92 CRC0216 219 NSR NSR CRC0273 160 NSR NSR CRC0215 129 NSR NSR CRC0205 59 2.53 NSR SIGNIFICANT INITIAL
Slide 14: Bunker Hill West & Summer Program
Bunker Hill West & Summer Program DIAMOND DRILLING ▪ Planning for an additional 5,000 metres of diamond drilling ▪ Initial focus on Bunker Hill West, areas with high- grade gold outcrops ▪ Other drill targets include targets identified from the winter RC drilling, follow-up Nitty Gritty drilling MAP
Slide 15: Calibre Mining's Valentine Project
Calibre Mining’s Valentine Project Valentine deposits presenting similar geological attributes to that of Bunker Hill EXPLORATION HISTORY OF VALENTINE ▪ Analogous to AuMEGA’s exploration history (1) STRUCTURAL SETTING ▪ Similar characteristics to that of the Company’s projects, particularly Bunker H
Slide 16: Cape Ray Project
Cape Ray Project aumegametals.com ASX: AAM | TSXV: AUM | OTCQB: AUMMF 16
Slide 17: Cape Ray Project Overview
Cape Ray Project Overview INDICATED MINERAL RESOURCES1 INFERRED MINERAL RESOURCES1 6.2 Mt @ 2.25 g/t for 450 koz Au 3.5 Mt @ 1.4 g/t for 160 koz Au HIGH-GRADE RESOURCE ▪ Shallow mineralisation predominately at Central Zone and Window Glass Hill HISTORIC EXPLORATION LIMITED TO DEPOSITS ▪ Presents sev
Slide 18: Spring & Summer Exploration Program Underway
Spring & Summer Exploration Program Underway1 Cape Ray Project exploration work focused on resource growth and identification of new major systems DIAMOND DRILLING UNDERWAY ▪ Testing strike extent of Central Zone EM SURVEY UNDERWAY Window Glass Hill ▪ Designed to identify shear-hosted vein systems a
Slide 19: Cape Ray Kinematic Framework
Cape Ray Kinematic Framework New regional kinematic framework presents significant change to previous theories COMPREHENSIVE STRUCTURAL REVIEW ▪ Review of drill core, geochemistry and geophysics VARIABLE CONTRIBUTIONS TO GOLD FLUID TRANSPORT ▪ Metal inventory hypothesized as soured from intrusion-re
Slide 20: Hermitage Gold – Antimony Project
Hermitage Gold – Antimony Project aumegametals.com ASX: AAM | TSXV: AUM | OTCQB: AUMMF 20
Slide 21: Hermitage Gold – Antimony Project Overview
Hermitage Gold – Antimony Project Overview Largest arsenic & antimony anomaly in Newfoundland – with confirmed association with gold GEOLOGICALLY AKIN TO MAJOR GOLD BELT ▪ Similar geology to world-class Bendigo, Fosterville in Australia, Windfall in Quebec ANOMALOUS GEOLOGICAL ORIENTATION ▪ Orientat
Slide 22: Hermitage Zonation
Hermitage Zonation Discreet areas of significant identified by work completed to-date Silver Zone THREE DISCREET AREAS Silver Zone: High-grade silver samples Gold Zone: High-grade gold and cluster of gold samples Antimony Zone: Several samples sampled Antimony Zone Gold Zone 1. News releases dated 5
Slide 23: Hermitage Geophysical Survey Results
Hermitage Geophysical Survey Results Significant structural complexity of massive Hermitage Gold-Antimony Project Area GEOPHYSICS COMPLETED LATE 2024 ▪ High-resolution, airborne survey LARGE AREA OF SURVEYED 4,756 line-kms over 27 kms of strike flown for a total of 234 km2 COMPELLING RESULTS1 ▪ Majo
Slide 24: A Full Year of Exploration and News Flow
A Full Year of Exploration and News Flow PRIMARY ACTIVITIES Q1 2025 Q2 2025 Q3 2025 Q4 2025 BUNKER HILL RC drilling Diamond drilling Follow-up drilling (TBD) Mapping & sampling Assay results CAPE RAY EM survey Mapping & sampling Diamond drilling Assay results HERMITAGE Mapping & sampling Assay resul
Slide 25: Focused on discovering the next major gold deposit in Newfoundland, Canada
Focused on discovering the next major gold deposit in Newfoundland, Canada aumegametals.com ASX: AAM | TSXV: AUM | OTCQB: AUMMF 25
Slide 26: AuMEGA Metals Limited
AuMEGA Metals Limited 24 Hasler Road, Osborne Park WA 6017 Australia Ph: +61 8 6117 0478 (Australia) Ph: +1 780 665 4925 (Canada) E: info@aumegametals.com www.aumegametals.com @aumegametals https://au.linkedin.com/company/aumega-metals ASX: AAM | TSXV: AUM | OTCQB: AUMMF aumegametals.com ASX: AAM |
Slide 27: Detailed Mineral Resource Estimate
Detailed Mineral Resource Estimate(1) Open Pit Mineral Resource Estimate Underground Mineral Resource Estimate Resource Cut-off Grade Tonnes Grade Contained Metal Cut-off Grade Tonnes Grade Contained Metal Deposit Zone Classification g/t Au kt g/t Au koz Au g/t Au kt g/t Au koz Au Zone 4 0.30 1,205