Meridian Mining Plc · TSX:MNO
Meridian Mining — Meridian Mining UK S — Investor Presentation (February 2021)
22 slides from Meridian Mining's investor presentation, February 2021
Slide 1: Focused on the resource development and exploration of the Cabaçal camp-scale Copper-Gold VMS project
Focused on the resource development and exploration of the Cabaçal camps scale Copper-Gold VMS project in Brazil MNO Corporate Presentation, February 2021 https://meridianmining.co/ meridianmining.co
Slide 2: Cautionary Note Regarding Forward-Looking Statements
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain of the statements made and information contained herein is “forward-looking information” within the meaning of applicable Canadian securities laws. All statements other than statements of historical facts included in this document constitu
Slide 3: Investment Highlights
I N V E ST MENT HIGHLIGHTS Option to acquire the Cabaçal hosts two Program to confirm Cabaçal VMS camp previous high grade potential of large with 30km strike shallow underground historic Copper-Gold length and multiple mines. Open at depth resource* at Cabaçal targets and along strike Brazil a prove
Slide 4: Brazil: A Mining Country – Copper-Gold Sector
BRA ZIL : A MINING COU NTRY – CO P P ER - G O L D SEC TO R Brazil Hosts Several Large Base Metal Mines, Development N Assets, and Exploration Frontiers • ERO Copper successfully restructured a historic mining complex to produce ~40ktpa Cu, and are currently executing a large scale exploration progra
Slide 5: Cabaçal Overview
CABAÇAL Overview Cabaçal Copper-Gold Project CABAÇAL • Tenements cover 30km strike length of • Cabaçal Central mineralisation open prospective stratigraphy along >1.8km strike and at depth ST HELENA • Volcanic Massive Sulphide (VMS) camp • Mine Corridor traceable in modern scale opportunity with Cop
Slide 6: Defining the Industry's Next VMS Camp
CABAÇAL Defining the Industry’s Next VMS Camp Cabaçal VMS Project Analogues Proposed extent of alteration system Hypothetical alteration area of influence 5km • Cabaçal is a camp scale VMS project underexplored and under-developed compared to analogue camps • VMS deposits tend to form periodically,
Slide 7: Project Development Vs. Metals Pricing Over Time
CABAÇAL Project Development Vs. Metals Pricing Over Time Timing and History are Crucial in Mining Transactions and Value Creation Vendors St Helena St Helena mine closed 2500 underground 5 mining starts 4.5 Cabaçal Cabaçal acquired underground by Meridian 2000 4 mining starts Copper and Zinc Price (
Slide 8: Extensive Historic Database
CABAÇAL VMS Project Extensive Historic Database VTEM CONDUCTIVITY WITH TARGETS Drill Collar Drill Collar BP Gold Anomalies BP Gold Anomalies Project Outline Project Outline Maxwell VTEM Plates Maxwell VTEM Plates BP / RTZ Targets BP / RTZ Targets Cabaçal Mine Cabaçal Mine TARGETS OVER MAGNETICS ^ MI
Slide 9: Existing Copper-Gold Mineralization
CABAÇAL Existing Copper-Gold Mineralization Priority Focus – Cabaçal’s Open Pit and Underground Development Potential Cabaçal has defined Historic selective Broad Copper-Gold Underground Historic products include multiple thick shallow underground mine zones commonly exceed extensional potential – G
Slide 10: Priority Targets at Historic Copper-Gold Mine
CABAÇAL Priority Targets at Historic Copper-Gold Mine Cabaçal Central resource development zone: Hole ID Result — Polymetallic VMS system Cu-Au + Ag-Zn-Pb — Historic high grade mine JUSPD 216 1.95 m @ 390.0 g/t Au, 0.4% Cu — Large Historic Resource* JUSPD 596 15.0 m @ 5.2% Cu, 2.7 g/t Au, 9.5 g/t Ag
Slide 11: Mine Corridor Exploration Program
Mine Corridor CABAÇAL Exploration Program Drill Collar BP Gold Anomalies Cabaçal Northwest Conductors Project Outline Mine Corridor Advanced Exploration Projects Maxwell VTEM Plates BP / RTZ Targets Cabaçal Mine VMS: Cu-Au-Ag(+Zn-Pb) • Highly prospective for repeat VMS Cabaçal West mineralisation as
Slide 12: Resource Confirmation and Extension Program
Resource Confirmation CABAÇAL and Extension Program Cabaçal Resource >200 PPM CU IN SOILS Development Program DRILL CU (%) n/s • Digital capture of additional historical data <0.1 Cabaçal Cu Soil Anomaly • Landholder access agreements and environmental 0.1 - 0.25 0.25 - 0.5 licencing 1.95m @ 390.0 g
Slide 13: VMS Camps: Importance of Modern Exploration Techniques
VMS Camps: Importance of Modern CABAÇAL Exploration Techniques Flin Flon Greenstone Belt Mine Life The Technical Evolution & Discovery Methods • First discovery identified through prospecting (David Collins - Tom Creighton, 1914) Method Used Geophysical • Early mapping and geochemistry may identify
Slide 14: A Structured Option Agreement Protects Meridian Shareholders
CABAÇAL A Structured Option Agreement Protects Meridian Shareholders Equity and provides Vendors an Interest Going Forward Payment Schedule Vendor Payment Vendor Payment Requirements (USD) (Shares) (Months) • The Cabaçal option MNO will have exclusivity during the Due agreement is to acquire On sign
Slide 15: Espigão Copper-Gold Polymetallic Project
ESPIGÃO Copper-Gold Polymetallic Project Meridian Ownership: • 100% of the Espigão exploration and mining licenses Cacoal Espigão BRAZIL D’Oeste Pimenta Bueno RONDÔNIA Located within the Amazon Craton: • Anglo American, NEXA, Codelco, OZ Minerals RONDÔNIA Copper-Gold Target with District Scale Zonat
Slide 16: Importance of Geophysical / Geochemical Analogues
The Importance of the Geophysical / ESPIGÃO Geochemical – Analogues Geochemical and geophysical vectoring has driven exploration success in other camps • Oak Dam (BHP): IOCG - 800m below surface discovered via a surface gravity survey • Cannington (South 32): Ag-Pb-Zn polymetallic - 60m below surfac
Slide 17: Espigão Polymetallic Project – Advanced but Un-Tested
ESPIGÃO Polymetallic Project – Advanced but Un-Tested* The Espigão Polymetallic Project Contains Multiple Deep-Seated Magnetic Anomalies and Conductivity Anomalies • Magnetic anomalies are found along the same regional structural corridors hosting polymetallic vein systems • Electromagnetic (EM) con
Slide 18: Global Thinking Local Action CSR
L EA DI N G COM MU NITY B ASED ESG A ND SDG P R OG R AM Global Thinking Local Action Corporate Social Responsibility (CSR): • CSR focuses on developing an open and transparent relationship with all stakeholders • Community engagement program managed by in-house Legal & Land management team, resident
Slide 19: Board of Directors and Executive Management
BOA RD OF DIRECTORS AND EX EC U TI V E MA NAG EM E N T G I L B E R T C L AR K, Executive Chairman SOR AI A M OR AI S, Chief Financial Officer 20 years of international experience within the natural resources industry. Mr. Clark was A Chartered Professional Accountant with over 15 years of experience
Slide 20: Selected Financial Information
S EL E CT E D F INANCIAL INF O R MATI O N Meridian Mining Corporate Structure* Shares Outstanding 103.8 m • Meridian Mining UK S listed on the TSX Venture Exchange (Ticker: MNO) — 100% Canadian subsidiary: Cancana Resources Corp Warrants 57.5 m — 100% Brazilian subsidiary: Meridian Mineração Jaburi
Slide 21: Portfolio Development Timeline
P ORTFOL IO DEV ELOPM ENT TI MEL I NE TIMELINE Q4 2020 Q1 2021 Q2 2021 Q3 2021 Q4 2021 Q1 2022 Q2 2022 Q3 2022 Database Enhancement Program Digital Capture of additional density, logging, sampling metadata Re-survey historical drillhole collars; Aerial Drone survey Relog historical core; re-assay wi
Slide 22: Meridian Mining UK S Contact
Meridian Mining UK S Dr. Adrian McArthur Gilbert Clark Investor Contact: Corporate Address: Chief Executive Officer Executive Chairman +1 778 715 6410 6th Floor, 65 Gresham Street, London Email: amcarthur@meridianmining.net.br Email: gclark@meridianmining.net.br EC2V 7NQ United Kingdom MNO https://m
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